HomeMy WebLinkAbout09-2015 Cash Trends ChartPF:ACF: ,
W
Page Numbers
2
3 -4
5 -6
7 -8
9 -10
11
12
13
14
Distribution
Period Ending
Issued BY:
September 2015
City of South Bend
Controller
Cash Trends Summary - 2007 to 2015
Contents
Purpose of Report and Narrative
Cash Balances - Total Funds
Cash Balances - Enterprise Funds
Cash Balances - Redevelopment Funds
Cash Balances - Civil City Funds
CAFR Information:
Cash Balances and Outstanding Debt - Total Funds (2006 to 2014)
Cash Balances and Outstanding Debt - Enterprise Funds (2006 to 2014)
Cash Balances and Outstanding Debt - Civil City and Redevelopment Funds (2006 to 2014)
Ratio of Outstanding Debt By Type (2003 to 2014)
Mayor
Chief of Staff
Deputy Chief of Staff
City Controller
Deputy City Controller
City Finance Director
Financial Officer
Pete Buttigieg
James Mueller
Brian Pawlowski
John Murphy
Jennifer Hockenhull
Rahman Johnson
Cecil Eastman
Cash Trends Summary 10/14/2015 1
Purpose of Report and Narrative
The purpose of the Cash Trends Summary Report is to track trends in cash balances for the City of South Bend
over an extended period of time, from January 1, 2007 through the present date. Charts and graphs for the cash
balances are provided in four areas - -total cash, enterprise fund cash, redevelopment fund cash and civil city fund
cash. The purpose of this information is to provide a quick overview of the overall liquidity and cash position of
the City of South Bend.
Property taxes are received in June and December of each year and this will cause the cash balances to
fluctuate for total cash, redevelopment fund cash and civil city fund cash. Enterprise fund cash balances will
fluctuate based on the receipt of bond proceeds and the spending down of cash on capital projects.
Redevelopment fund cash accounts will vary based on capital spending on projects in tax increment financing
(TIF) funds.
In addition, charts and graphs are provided in the report comparing outstanding debt balances as compared to
cash on hand. This information is based on the City of South Bend's Comprehensive Annual Financial Report
(CAFR). The purpose of this information is provide a comparison of cash on hand vs. outstanding debt to provide
a quick assessment of the strength of the City's financial position.
If you should have additional questions, please contact John H. Murphy, City Controller at 574 - 235 -7678, email
address jmurphy @southbendin.gov or Jennifer Hockenhull, Deputy City Controller at 574 - 235 -9822, email
jhockenh @southbendin.gov.
Cash Trends Summary 10/14/2015
City of South Bend Cash Balances - Total Funds
$300,000,000
$250,000,000
$200,000,000
$150,000,000
$100,000,000
$50,000,000
$0
January 1, 2007 - September 30, 2015
0 0 0 0 0 0 0 0
o
o m m m m m m m m m cu m m m m m m m m m m m
if O m CO e\-i N rn N n N if O m CO N .moo H'r rn
Maximum $259,848,268.81 6/30/13 Property tax collections are in June and December.
Minimum $122,056,197.59 5/31/07
Mean $197,141,181.44 --
Mean - last 12 months $226.383.492.65 --
Date Total Enterprise Redevelopment Civil City
1/01/07
153,934,542.58
28,657,187.47
40,101,775.51
85,175,579.60
1/31/07
140,751,745.07
30,058,091.08
37,204,941.29
73,488,712.70
2/28/07
134,780,141.52
30,099,578.04
42,400,991.27
62,279,572.21
3/31/07
130,695,124.81
30,984,947.93
36,322,464.80
63,387,712.08
4/30/07
123,592,524.20
29,218,887.63
36,374,308.24
57,999,328.33
5/31/07
122,056,197.59
32,424,086.65
36,579,224.31
53,052,886.63
6/30/07
153,755,514.81
48,699,567.31
35,914,061.41
69,141,886.09
7/31/07
137,115,793.85
48,096,309.22
33,046,039.94
55,973,444.69
8/31/07
135,817,993.03
47,662,427.04
31,416,991.60
56,738,574.39
9/30/07
130,647,671.00
45,360,303.16
30,955,278.22
54,332,089.62
10/31/07
139,006,258.42
46,717,357.10
29,953,285.20
62,335,616.12
11/30/07
149,006,468.44
41,716,114.28
29,049,190.99
78,241,163.17
12/31/07
191,315,373.73
55,204,053.77
43,118,912.28
92,992,407.68
1/31/08
178,454,459.92
56,114,335.03
41,405,052.40
80,935,072.49
2/29/08
175,025,158.07
54,575,012.50
40,635,068.99
79,815,076.58
3/31/08
170,888,981.29
54,575,272.95
40,558,124.18
75,755,584.16
4/30/08
165,390,558.53
54,929,047.02
40,290,091.29
70,171,420.22
5/31/08
156,964,559.54
53,052,472.03
40,210,711.69
63,701,375.82
6/30/08
167,363,776.09
53,204,418.10
39,857,987.53
74,301,370.46
7/31/08
171,036,661.63
54,533,563.28
39,145,712.40
77,357,385.95
8/31/08
163,938,453.44
54,251,216.99
36,074,455.00
73,612,781.45
9/30/08
160,071,575.14
53,272,451.68
35,928,266.53
70,870,856.93
10/31/08
164,801,788.81
68,706,036.43
34,674,631.21
61,421,121.17
11/30/08
148,390,201.07
54,077,562.73
33,382,904.90
60,929,733.44
12/31/08
140,621,861.88
44,639,804.67
28,608,922.65
67,373,134.56
1/31/09
129,082,048.94
45,793,529.09
26,731,148.85
56,557,371.00
2/28/09
136,587,197.92
46,941,062.25
28,199,966.51
61,446,169.16
3/31/09
150,350,125.92
47,265,006.09
27,482,787.81
75,602,332.02
4/30/09
156,355,774.87
48,061,985.20
38,905,572.01
69,388,217.66
5/31/09
154,015,638.43
46,623,111.00
38,656,758.39
68,735,769.04
6/30/09
145,255,362.21
46,662,615.02
36,003,705.47
62,589,041.72
7/31/09
151,028,950.92
45,609,990.75
39,288,192.08
66,130,768.09
8/31/09
154,754,067.65
44,700,623.82
38,981,480.90
71,071,962.93
Cash Trends Summary 10/14/2015
Date
Total
Enterprise
Redevelopment
Civil City
9/30/09
153,379,153.77
44,771,129.93
38,365,267.66
70,242,756.18
10/31/09
150,364,096.50
44,855,908.07
36,749,933.72
68,758,254.71
11/30/09
144,010,184.05
44,458,186.54
35,847,660.55
63,704,336.96
12/31/09
188,453,001.03
36,891,179.40
34,358,243.89
117,203,577.74
1/31/10
196,099,529.93
37,726,300.40
53,534,937.83
104,838,291.70
2/28/10
194,663,355.99
36,982,623.93
52,816,628.95
104,864,103.11
3/31/10
197,907,655.27
41,475,717.35
52,577,148.25
103,854,789.67
4/30/10
190,430,003.35
40,478,357.60
51,768,568.42
98,183,077.33
5/31/10
201,229,420.61
38,739,522.56
50,881,687.36
111,608,210.69
6/30/10
230,557,975.59
39,738,881.62
62,539,377.78
128,279,716.19
7/31/10
217,064,522.90
42,020,069.17
55,401,804.58
119,642,649.15
8/31/10
210,387,480.23
40,331,826.60
53,423,401.23
116,632,252.40
9/30/10
211,494,373.45
40,245,656.32
52,832,007.68
118,416,709.45
10/31/10
204,642,650.38
39,984,803.80
51,745,774.22
112,912,072.36
11/30/10
198,782,418.22
35,695,100.47
49,573,730.89
113,513,586.86
12/31/10
227,739,252.18
41,300,042.16
65,164,721.07
121,274,488.95
1/31/11
214,107,834.98
42,918,366.28
57,392,911.65
113,796,557.05
2/28/11
208,263,626.92
44,793,554.36
53,822,791.88
109,647,280.68
3/31/11
204,406,098.50
46,555,428.08
52,439,712.97
105,410,957.45
4/30/11
196,890,904.95
46,284,639.10
51,775,206.12
98,831,059.73
5/31/11
187,084,917.40
45,692,919.82
45,543,075.85
95,848,921.73
6/30/11
230,633,979.38
46,029,921.56
57,605,720.29
126,998,337.53
7/31/11
215,737,687.08
45,556,018.39
51,845,520.23
118,336,148.46
8/31/11
208,031,597.26
45,688,053.72
49,085,008.00
113,258,535.54
9/30/11
203,800,576.60
46,330,287.44
47,073,543.39
110,396,745.77
10/31/11
218,059,539.64
67,040,484.39
44,750,523.17
106,268,532.08
11/30/11
207,257,743.68
61,691,017.04
41,844,406.42
103,722,320.22
12/31/11
231,757,444.75
58,173,399.01
51,201,636.39
122,382,409.35
1/31/12
216,528,714.30
59,207,692.55
44,464,972.65
112,856,049.10
2/29/12
210,660,777.01
59,272,665.18
43,124,396.97
108,263,714.86
3/31/12
204,985,024.71
59,768,182.49
40,875,506.16
104,341,336.06
4/30/12
202,396,668.08
60,202,795.65
39,972,677.94
102,221,194.49
5/31/12
194,807,225.14
59,123,171.41
37,283,464.71
98,400,589.02
6/30/12
244,718,879.49
67,140,754.63
48,308,618.33
129,269,506.53
7/31/12
230,268,324.98
67,955,663.74
43,597,429.86
118,715,231.38
8/31/12
223,526,459.82
67,464,201.30
41,355,817.62
114,706,440.90
9/30/12
223,261,928.97
65,732,654.52
40,654,565.67
116,874,708.78
10/31/12
214,815,908.26
66,270,486.67
38,605,222.83
109,940,198.76
11/30/12
203,844,116.85
59,658,568.60
37,090,958.24
107,094,590.01
12/31/12
255,285,203.18
82,506,887.41
47,393,846.15
125,384,469.62
1/31/13
247,853,896.56
83,296,821.86
45,144,294.34
119,412,780.36
2/28/13
237,222,593.71
82,484,393.54
41,364,435.41
113,373,764.76
3/31/13
232,080,046.72
82,950,715.18
41,430,811.51
107,698,520.03
4/30/13
226,442,650.85
80,568,512.43
42,438,979.52
103,435,158.90
5/31/13
220,102,647.01
79,672,318.05
42,077,874.12
98,352,454.84
6/30/13
259,848,268.81
79,520,360.08
55,157,971.58
125,169,937.15
7/31/13
252,445,699.79
79,867,774.82
51,147,079.40
121,430,845.57
8/31/13
242,038,208.31
79,782,901.50
48,231,381.91
114,023,924.90
9/30/13
242,325,305.67
79,940,103.15
47,344,717.04
115,040,485.48
10/31/13
235,335,719.18
79,663,547.72
45,849,747.51
109,822,423.95
11/30/13
222,610,337.19
72,524,668.50
45,831,055.40
104,254,613.29
12/31/13
247,349,777.30
67,716,137.82
55,315,510.06
124,318,129.42
1/31/14
232,044,399.72
66,889,990.77
50,898,242.66
114,256,166.29
2/28/14
227,156,115.52
67,566,543.96
49,986,290.38
109,603,281.18
3/31/14
222,046,327.82
68,633,684.73
49,028,261.04
104,384,382.05
4/30/14
214,783,605.41
68,960,383.93
47,281,387.13
98,541,834.35
5/31/14
209,324,809.29
67,425,749.33
46,795,213.96
95,103,846.00
6/30/14
251,700,644.00
67,697,981.00
61,118,881.00
122,883,782.00
7/31/14
238,781,403.03
68,611,865.99
56,842,280.86
113,327,256.18
8/31/14
234,086,687.41
68,747,483.87
55,735,447.17
109,603,756.37
9/30/14
233,595,370.44
69,430,344.98
54,889,194.46
109,275,831.00
10/31/14
225,913,486.47
70,431,027.92
54,196,891.83
101,285,566.72
11/30/14
216,583,420.38
64,909,392.12
54,554,819.33
97,119,208.93
12/31/14
239,808,095.03
61,623,499.90
65,903,128.76
112,281,466.37
1/31/15
225,471,264.56
61,585,040.94
60,387,162.56
103,499,061.06
2/28/15
221,854,105.82
63,269,776.69
58,990,110.88
99,594,218.25
3/31/15
215,278,052.12
64,288,370.38
58,654,868.03
92,334,813.71
4/30/15
213,330,317.66
65,430,174.18
57,972,838.77
89,927,304.71
5/31/15
209,379,494.75
65,714,228.05
57,630,884.95
86,034,381.75
6/30/15
249,603,497.41
68,746,632.56
70,642,566.10
110,214,298.75
7/31/15
236,381,857.01
70,884,051.33
65,048,413.67
100,449,392.01
8/31/15
228,483,356.31
72,023,119.13
61,042,169.83
95,418,067.35
9/30/15
234,514,964.30
75,617,268.98
59,936,471.64
98,961,223.68
Cash Trends Summary 10/14/2015
City of South Bend Cash Balances - Enterprise Funds
January 1, 2007 - September 30, 2015
$90,000,000
$80,000,000
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
L" L� L� m m o. O. O. o o e-i e-i e-i N N m m Ln Lo
0 0 0 0 0 0 0 0 N N N r N
cD m m m m m o m m m N m m m m� m m o 0 0 o
o m m m m m m m m m N m m m m m m m m m m m
N . O M W N .\o e\-i . rn N n N �[ O M W N .\O e\-i . rn
H H r N
Maximum
$83,296,821.86 1/31/13
Minimum
$28,657,187.47 1/01/07
Mean
$55,902,981.24 --
Mean - last 12 months
$67,043,548.52
Date Enterprise
1/01/07
28,657,187.47
1/31/07
30,058,091.08
2/28/07
30,099,578.04
3/31/07
30,984,947.93
4/30/07
29,218,887.63
5/31/07
32,424,086.65
6/30/07
48,699,567.31
7/31/07
48,096,309.22
8/31/07
47,662,427.04
9/30/07
45,360,303.16
10/31/07
46,717,357.10
11/30/07
41,716,114.28
12/31/07
55,204,053.77
1/31/08
56,114,335.03
2/29/08
54,575,012.50
3/31/08
54,575,272.95
4/30/08
54,929,047.02
5/31/08
53,052,472.03
6/30/08
53,204,418.10
7/31/08
54,533,563.28
8/31/08
54,251,216.99
9/30/08
53,272,451.68
10/31/08
68,706,036.43
11/30/08
54,077,562.73
12/31/08
44,639,804.67
1/31/09
45,793,529.09
2/28/09
46,941,062.25
3/31/09
47,265,006.09
4/30/09
48,061,985.20
5/31/09
46,623,111.00
6/30/09
46,662,615.02
7/31/09
45,609,990.75
8/31/09
44,700,623.82
Cash Trends Summary 10/14/2015
Date
Enterprise
9/30/09
44,771,129.93
10/31/09
44,855,908.07
11/30/09
44,458,186.54
12/31/09
36,891,179.40
1/31/10
37,726,300.40
2/28/10
36,982,623.93
3/31/10
41,475,717.35
4/30/10
40,478,357.60
5/31/10
38,739,522.56
6/30/10
39,738,881.62
7/31/10
42,020,069.17
8/31/10
40,331,826.60
9/30/10
40,245,656.32
10/31/10
39,984,803.80
11/30/10
35,695,100.47
12/31/10
41,300,042.16
1/31/11
42, 918 , 366.28
2/28/11
44, 793,554.36
3/31/11
46, 555,428.08
4/30/11
46,284,639.10
5/31/11
45,692,919.82
6/30/11
46, 029,921.56
7/31/11
45, 556,018.39
8/31/11
45,688,053.72
9/30/11
46, 330,287.44
10/31/11
67, 040,484.39
11/30/11
61,691,017.04
12/31/11
58,173,399.01
1/31/12
59,207,692.55
2/29/12
59,272,665.18
3/31/12
59,768,182.49
4/30/12
60,202,795.65
5/31/12
59,123,171.41
6/30/12
67,140,754.63
7/31/12
67,955,663.74
8/31/12
67,464,201.30
9/30/12
65,732,654.52
10/31/12
66,270,486.67
11/30/12
59,658,568.60
12/31/12
82,506,887.41
1/31/13
83,296,821.86
2/28/13
82,484,393.54
3/31/13
82,950,715.18
4/30/13
80,568,512.43
5/31/13
79,672,318.05
6/30/13
79,520,360.08
7/31/13
79,867,774.82
8/31/13
79,782,901.50
9/30/13
79,940,103.15
10/31/13
79,663,547.72
11/30/13
72,524,668.50
12/31/13
67,716,137.82
1/31/14
66,889,990.77
2/28/14
67,566,543.96
3/31/14
68,633,684.73
4/30/14
68,960,383.93
5/31/14
67,425,749.33
6/30/14
67,697,981.00
7/31/14
68,611,865.99
8/31/14
68,747,483.87
9/30/14
69,430,344.98
10/31/14
70,431,027.92
11/30/14
64,909,392.12
12/31/14
61,623,499.90
1/31/15
61,585,040.94
2/28/15
63,269,776.69
3/31/15
64,288,370.38
4/30/15
65,430,174.18
5/31/15
65,714,228.05
6/30/15
68,746,632.56
7/31/15
70,884,051.33
8/31/15
72,023,119.13
9/30/15
75,617,268.98
Cash Trends Summary 10/14/2015
City of South Bend Cash Balances - Redevelopment Funds
January 1, 2007 - September 30, 2015
$80,000,000
$70,000,000
$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
L, N N o0 X M M rn o o N N N N N m m -It -It -It M M
0 0 0 0 0 0 0 0 N N N N N N N N
o 0 0 o N M M r M�� r o 0 0 0
C> m m m m m m m m m cu m m m m m m m m m m m
e\i in O m CO e\-i ,\, m N n N N O m coo " .moo ,� T
Maximum $70,642,566.10
Minimum $26,731,148.85
Mean $45,764,309.59
Mean - last 12 months $60.413.360.53
Date Redevelopment
1/01/07
40,101,775.51
1/31/07
37,204,941.29
2/28/07
42,400,991.27
3/31/07
36,322,464.80
4/30/07
36,374,308.24
5/31/07
36,579,224.31
6/30/07
35,914,061.41
7/31/07
33,046,039.94
8/31/07
31,416,991.60
9/30/07
30,955,278.22
10/31/07
29,953,285.20
11/30/07
29,049,190.99
12/31/07
43,118,912.28
1/31/08
41,405,052.40
2/29/08
40,635,068.99
3/31/08
40,558,124.18
4/30/08
40,290,091.29
5/31/08
40,210,711.69
6/30/08
39,857,987.53
7/31/08
39,145,712.40
8/31/08
36,074,455.00
9/30/08
35,928,266.53
10/31/08
34,674,631.21
11/30/08
33,382,904.90
12/31/08
28,608,922.65
1/31/09
26,731,148.85
2/28/09
28,199,966.51
3/31/09
27,482,787.81
4/30/09
38,905,572.01
5/31/09
38,656,758.39
6/30/09
36,003,705.47
7/31/09
39,288,192.08
8/31/09
38,981,480.90
6/30/15
1/31/09
Cash Trends Summary 10/14/2015
Date
Redevelopment
9/30/09
38,365,267.66
10/31/09
36,749,933.72
11/30/09
35,847,660.55
12/31/09
34,358,243.89
1/31/10
53,534,937.83
2/28/10
52,816,628.95
3/31/10
52,577,148.25
4/30/10
51,768,568.42
5/31/10
50,881,687.36
6/30/10
62,539,377.78
7/31/10
55,401,804.58
8/31/10
53,423,401.23
9/30/10
52,832,007.68
10/31 /10
51,745,774.22
11/30/10
49,573,730.89
12/31 /10
65,164,721.07
1/31/11
57, 392,911.65
2/28/11
53,822,791.88
3/31/11
52,439,712.97
4/30/11
51,775,206.12
5/31/11
45,543,075.85
6/30/11
57, 605, 720.29
7/31/11
51,845,520.23
8/31/11
49,085,008.00
9/30/11
47, 073, 543.39
10/31/11
44,750,523.17
11/30/11
41,844,406.42
12/31/11
51,201,636.39
1/31/12
44,464,972.65
2/29/12
43,124,396.97
3/31/12
40,875,506.16
4/30/12
39,972,677.94
5/31/12
37,283,464.71
6/30/12
48,308,618.33
7/31/12
43,597,429.86
8/31/12
41,355,817.62
9/30/12
40,654,565.67
10/31/12
38,605,222.83
11/30/12
37,090,958.24
12/31/12
47,393,846.15
1/31/13
45,144,294.34
2/28/13
41,364,435.41
3/31/13
41,430,811.51
4/30/13
42,438,979.52
5/31/13
42,077,874.12
6/30/13
55,157,971.58
7/31/13
51,147,079.40
8/31/13
48,231,381.91
9/30/13
47,344,717.04
10/31/13
45,849,747.51
11/30/13
45,831,055.40
12/31/13
55,315,510.06
1/31/14
50,898,242.66
2/28/14
49,986,290.38
3/31/14
49,028,261.04
4/30/14
47,281,387.13
5/31/14
46,795,213.96
6/30/14
61,118,881.00
7/31/14
56,842,280.86
8/31/14
55,735,447.17
9/30/14
54,889,194.46
10/31/14
54,196,891.83
11/30/14
54,554,819.33
12/31/14
65,903,128.76
1/31/15
60,387,162.56
2/28/15
58,990,110.88
3/31/15
58,654,868.03
4/30/15
57,972,838.77
5/31/15
57,630,884.95
6/30/15
70,642,566.10
7/31/15
65,048,413.67
8/31/15
61,042,169.83
9/30/15
59,936,471.64
Cash Trends Summary 10/14/2015
City of South Bend Cash Balances - Civil City Funds
January 1, 2007 - September 30, 2015
$140,000,000
$120,000,000
$100,000,000
$80,000,000
$60,000,000
$40,000,000
$20,000,000
$0
Maximum $129,269,506.53
Minimum $53,052,886.63
Mean $95,473,890.60
Mean - last 12 months $98,926,583.61
Date Civil City
L" h r� X X ON ON 0� O O N N N N N M M N LO
\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \
cD M N N M M O O O O N N N N M M N N O M M M CD
O M M M M M M M M M N M M M M M M M M M M M
N l) O M W N M N a, N n N M O M W N 1 N-It 0�
1/01/07
85,175,579.60
1/31/07
73,488,712.70
2/28/07
62,279,572.21
3/31/07
63,387,712.08
4/30/07
57,999,328.33
5/31/07
53,052,886.63
6/30/07
69,141,886.09
7/31/07
55,973,444.69
8/31/07
56,738,574.39
9/30/07
54,332,089.62
10/31/07
62,335,616.12
11/30/07
78,241,163.17
12/31/07
92,992,407.68
1/31/08
80,935,072.49
2/29/08
79,815,076.58
3/31/08
75,755,584.16
4/30/08
70,171,420.22
5/31/08
63,701,375.82
6/30/08
74,301,370.46
7/31/08
77,357,385.95
8/31/08
73,612,781.45
9/30/08
70,870,856.93
10/31/08
61,421,121.17
11/30/08
60,929,733.44
12/31/08
67,373,134.56
1/31/09
56,557,371.00
2/28/09
61,446,169.16
3/31/09
75,602,332.02
4/30/09
69,388,217.66
5/31/09
68,735,769.04
6/30/09
62,589,041.72
7/31/09
66,130,768.09
8/31/09
71,071,962.93
6/30/12 Property tax collections are in June and December.
5/31/07
Cash Trends Summary 10/14/2015 9
Date
Civil City
9/30/09
70,242,756.18
10/31/09
68,758,254.71
11/30/09
63,704,336.96
12/31/09
117,203,577.74
1/31/10
104, 838,291.70
2/28/10
104, 864 ,103.11
3/31/10
103, 854,789.67
4/30/10
98,183,077.33
5/31/10
111,608,210.69
6/30/10
128,279,716.19
7/31/10
119,642,649.15
8/31/10
116,632,252.40
9/30/10
118,416,709.45
10/31/10
112, 912 , 072.36
11/30/10
113, 513,586.86
12/31/10
121,274,488.95
1/31/11
113, 796,557.05
2/28/11
109,647,280.68
3/31/11
105,410,957.45
4/30/11
98,831,059.73
5/31/11
95, 848,921.73
6/30/11
126, 998,337.53
7/31/11
118, 336,148.46
8/31/11
113,258,535.54
9/30/11
110, 396,745.77
10/31/11
106,268,532.08
11/30/11
103, 722,320.22
12/31/11
122, 382,409.35
1/31/12
112, 856,049.10
2/29/12
108,263,714.86
3/31/12
104,341,336.06
4/30/12
102,221,194.49
5/31/12
98,400,589.02
6/30/12
129,269,506.53
7/31/12
118, 715, 231.38
8/31/12
114, 706,440.90
9/30/12
116, 874,708.78
10/31/12
109, 940,198.76
11/30/12
107, 094,590.01
12/31/12
125, 384,469.62
1/31/13
119,412,780.36
2/28/13
113, 373,764.76
3/31/13
107,698,520.03
4/30/13
103,435,158.90
5/31/13
98,352,454.84
6/30/13
125,169,937.15
7/31/13
121,430,845.57
8/31/13
114, 023,924.90
9/30/13
115, 040,485.48
10/31/13
109, 822,423.95
11/30/13
104,254,613.29
12/31/13
124, 318 ,129.42
1/31/14
114,256,166.29
2/28/14
109,603,281.18
3/31/14
104, 384,382.05
4/30/14
98,541,834.35
5/31/14
95,103,846.00
6/30/14
122, 883,782.00
7/31/14
113, 327,256.18
8/31/14
109,603,756.37
9/30/14
109,275,831.00
10/31/14
101,285,566.72
11/30/14
97,119,208.93
12/31/14
112,281,466.37
1/31/15
103,499,061.06
2/28/15
99,594,218.25
3/31/15
92,334,813.71
4/30/15
89,927,304.71
5/31/15
86,034,381.75
6/30/15
110,214,298.75
7/31/15
100,449,392.01
8/31/15
95,418,067.35
9/30/15
98,961,223.68
Cash Trends Summary 10/14/2015 10
$300,000,000.00
$250,000,000.00
$200,000,000.00
$150,000,000.00
$100,000,000.00
$50,000,000.00
$0.00
Cash Balances and Outstanding Debt - Total Funds
Fiscal Year December 31, 2006 -2014
Year End
December 31
2006
2007
2008
2009
2010
2011
2012
2013
2014
2006 2007 2008 2009 2010 2011 2012 2013 2014
Cash
$153,934,542.58
$191,315,373.73
$140,621,861.88
$188,453,001.03
$227,739,252.18
$231,757,444.75
$255,285,203.18
$247,349,777.30
$239,808,095.03
—*—Cash Balance Outstanding Debt
Debt
$191,173,205.00
$213,703,674.00
$242,780,608.00
$237,813,273.00
$235,117,311.00
$239,075,065.00
$263,325,022.00
$251,682,278.00
$235,085,870.00
Cash Trends Summary 10/14/2015 11
Cash Balances and Outstanding Debt - Enterprise Funds
Fiscal Year December 31, 2006 - 2014
$160,000,000.00
$140,000,000.00
$120,000,000.00
$100,000,000.00
$80,000,000.00
$60,000,000.00
$40,000,000.00
$20,000,000.00
$0.00
2006 2007 2008 2009 2010 2011 2012 2013 2014
Cash Balance -.0—ou tending Debt
Year End
December 31
Cash
Debt
2006
$28,657,187.47
$66,099,342.00
2007
$55,204,053.77
$93,579,690.00
2008
$44,639,804.67
$86,073,911.00
2009
$36,891,179.40
$86,092,611.00
2010
$41,300,042.16
$90,927,476.00
2011
$58,173,399.01
$105,935,524.00
2012
$82,506,887.41
$135,741,733.00
2013
$67,716,137.82
$126,621,879.00
2014
$61,623,499.90
$118,792,944.00
Cash Trends Summary 10/14/2015 12
Cash Balances and Outstanding Debt - Governmental Funds
Civil City & Redevelopment
$200,000,000.00 Fiscal Year December 31 2006 - 2014
$180,000,000.00
$160,000,000.00
$140,000,000.00
$120,000,000.00
$100,000,000.00
$80,000,000.00
$60,000,000.00
$40,000,000.00
$20,000,000.00
$0.00
2006 2007 2008 2009 2010 2011 2012 2013 2014
Cash Balance Outstanding Debt
Year End
December 31
Cash
Debt
2006
$125,277,355.11
$125,073,863.00
2007
$136,111,319.96
$120,123,984.00
2008
$95,982,057.21
$156,706,697.00
2009
$151,561,821.63
$151,720,662.00
2010
$186,439,210.02
$144,249,835.00
2011
$173,584,045.74
$133,139,541.00
2012
$172,778,315.77
$127,583,289.00
2013
$179,633,639.48
$125,060,399.00
2014
$178,184,595.13
$116,292,926.00
Cash Trends Summary 10/14/2015 13
City of South Bend, Indiana
Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
100%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2005 2006 2007 2009 2009 2010 2011 2012 2013 2014
Governmental Activltles Debt
OCapl�sl Leases
1NOtes/LOans Payable
•MOngage Bond
Revenue Bonds
tlGmerelObligationB-
Page 14
South Bend
Debt Estimated
Per Personal
:spits Income
II �rmr -r r r i r r -r -r -�
1,758 3,418,459,704
1,830 3,450,632,538
2,053 3,511,183,991
2,314 3,709,126,085
2,239 3,679,658,992
2,325 3,505,572,368
2,363 3,371,120,096
2,603 3,371,120,096
2,488 3,371,120,096
2,324 3,371,120,096
Governmental Activities
Business -Type
Activities
�■■■■■■■■■�
M
M
M
M
General
M
M M M I
■■■■■■■■
■
M
M
M
M
M
M
M
M
M
Total
■I
M M M I
M M M I
Fiscal
Obligation
Revenue
Mortgage
Notes /Loans
Capital
Revenue
Mortgage
Notes /Loans
Capital
Primary
Estimated
Year
Bonds
Bonds
Bonds
Payable
Leases
Bonds
Bonds
Payable
Leases
Government
Population
2005
320,000
84,225,000
28,994,057
9,539,771
3,454,627
35,990,000
1,015,980
20,659,864
1,710,033
185,909,332
105,743
2006
0
82,445,000
27,337,124
11,758,552
3,533,187
44,345,000
972,315
19,258,433
1,523,594
191,173,205
104,457
2007
0
78,570,000
25,957,839
7,900,658
7,695,487
73,145,000
926,805
18,380,491
1,127,394
213,703,674
104,069
2008
0
115,240,000
24,534,464
9,543,790
7,388,443
67,535,000
878,835
17,031,649
628,427
242,780,608
104,905
2009
0
113,975,000
23,061,148
8,470,308
6,214,206
68,225,000
829,020
16,145,358
893,233
237,813,273
106,192
2010
0
111,510,000
21,117,295
6,323,199
5,299,341
72,655,000
717,705
16,755,369
799,402
235,177,311
101,168
2011
0
101,472,431
19,724,490
4,431,871
7,510,749
88,655,000
660,510
15,542,372
1,077,642
239,075,065
101,168
2012
0
96,410,000
17,883,530
4,953,639
8,336,120
117,650,000
601,470
13,848,901
3,641,362
263,325,022
101,168
2013
0
90,172,826
23,079,781
3,030,554
8,777,238
118,121,963
546,973
4,121,010
3,831,933
251,682,278
101,168
2014
0
84,862,512
21,331,548
1,617,491
8,481,375
111,209,874
480,604
3,794,664
3,307,802
235,085,870
101,168
Percent of Total Debt
0.00%
36.10%
9.07%
0.69%
3.61%
47.31%
0.20%
1.61%
1.41%
100.00%
Sources: City of South Bend Comprehensive Annual Financial Reports
Population statistics
obtained
from the U.S. Census
Bureau.
City of South Bend estimated personal income is computed
as estimated
City population
x 2012 South Bend Metro Area Per Capita Income (see Demographic
Statistics)
100%
80%
70%
60%
50%
40%
30%
20%
10%
0%
2005 2006 2007 2009 2009 2010 2011 2012 2013 2014
Governmental Activltles Debt
OCapl�sl Leases
1NOtes/LOans Payable
•MOngage Bond
Revenue Bonds
tlGmerelObligationB-
Page 14
South Bend
Debt Estimated
Per Personal
:spits Income
II �rmr -r r r i r r -r -r -�
1,758 3,418,459,704
1,830 3,450,632,538
2,053 3,511,183,991
2,314 3,709,126,085
2,239 3,679,658,992
2,325 3,505,572,368
2,363 3,371,120,096
2,603 3,371,120,096
2,488 3,371,120,096
2,324 3,371,120,096
�I■■■■■■■■■1
South Bend
Debt
Percent of
5.44%
5.54%
6.09%
6.55%
6.46%
6.71%
7.09%
7.81%
7.47%
6.97%
�■■■■■■■■■�
M
M
M
M
M
M
M M M I
■■■■■■■■
■
M
M
M
M
M
M
M
M
M
M
M
■I
M M M I
M M M I
�I■■■■■■■■■1
South Bend
Debt
Percent of
5.44%
5.54%
6.09%
6.55%
6.46%
6.71%
7.09%
7.81%
7.47%
6.97%