HomeMy WebLinkAbout02-2016 Controller's Monthly Cash ReportPeriod Ending:
Issued By:
City of South Bend
Controller's Cash Report
Tab Page Contents
Overview 2 Overview of Controller's Cash Report
Controller Cash 3-5 Controller's Cash Report
Cash 6 Bank Account Cash Balances
Distribution
Mayor Pete Buttigieg
Chief of Staff James Mueller
City Controller John Murphy
Deputy City Controller Jennifer Hockenhull
City Finance Director Rahman Johnson
Sr. Budget Analyst Cecil Eastman
South Bend City Council Members
Department Heads
City Fiscal Officers
February 2016
Controller
2016 February. controllers cash report Page 1 of 6
CONTROLLER’S CASH REPORT
OVERVIEW:
The Controller’s Cash Report is a monthly summary of cash and investment transactions within the current period
by Fund. It summarizes the cash received, interest earned, cash disbursed and cash transferred between Funds
within the City of South Bend as well as any loans among/between Funds. The report provides a month-end view of
the City’s cash balance in the reporting period.
The City’s management team is responsible for establishing and maintaining an internal control structure designed
to ensure that the assets of the City are protected from loss, theft or misuse and to ensure that adequate accounting
data is compiled to allow for the preparation of financial statements in conformity with generally accepted
accounting principles.
February 2016 HIGHLIGHTS:
Total City Funds (pg. 5): February 2016 beginning cash balance of $161,665,926 and ending cash balance of
$160,325,038 represents a decrease in cash of ~$1.3 million. Compared to February 2015, beginning cash balance of
$165,084,102 and ending cash balance of $162,863,994 represents a decrease in cash of approximately $2.2 million.
In comparison, there appears to be a decrease y-o-y (year over year) of ~ $900,000 in expenditures. Cash variance
due to increase in revenue of ~$2.5 million more received this year than last year. Increase in revenue due to timing
of receipts.
Total Redevelopment Commission Funds (pg.5): February 2016 beginning cash balance of $55,690,681 and
ending cash balance of $53,548,676 represents a decrease in cash of ~$2.1 million. Compared to February 2015
beginning cash balance of $60,387,162 and ending cash balance of $58,990,110 represents a decrease in cash of
~$1.4 million. In comparison, there appears to be an increase y-o-y (year over year) in expenditures of ~ $700,000.
This cash variance is due to a decrease in revenue received this year. Redevelopment Commission funds received ~
$1.1 million more in revenue last year in funds 420 (TIF District – SBCDA General) and fund 426 (TIF Central
Medical Service Area). These funds were closed out late last year.
Fund 101 (General Fund): February 2016 actual receipts were $1,108,408 vs. prior year actual receipts of
$1,091,737. The largest receipt this month was in the amount of $182,846 from Comcast for the cable T.V. franchise
fee.
Fund 201 (Parks & Recreation): February 2016 actual receipts were $102,493 vs. prior year actual receipts of
$174,423. Disbursements are consistent with normal operating costs.
Fund 210 (DCI State Grants): Negative cash balance reflects payments made for the Notre Dame Turbo project at
Ignition Park. These expenditures will be reimbursed through state grants.
Fund 313 (Hall of Fame): Negative cash balance reflects a debt service payment of $636,000 made this month.
Revenue will increase when property taxes are received in June 2016.
Fund 219 (Unsafe Building): This is a new fund for 2016. The revenue derived from this fund will be used strictly
for unsafe building costs.
Fund 279 (311 Call Center): This is a new fund for 2016. This fund was established to report on various
department’s activities separately based on the number of calls placed by residents to access governmental services.
Fund 701 (Firefighters Pension): This fund has a negative balance as a result of monthly pension payments made
to firemen hired prior to May 1, 1977. Revenue will increase once the mandatory state pension relief distribution is
received in June 2016.
For February 2016, cash interest received was $78,486.74 compared to $51,511.27 in February 2015.
Please Contact City Controller John Murphy at (574) 235-7678 with any questions.
2016 February. controllers cash report - Overview Page 2 of 6
City of South Bend Month of:February 2016
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
City Controlled Funds
General Fund
101 GENERAL FUND $27,526,645.68$1,108,408.66$3,851,380.90$10,144.89$3,648.00$0.00$24,797,466.33$0.00$24,797,466.33$483,416.72
Special Revenue Funds
102 RAINY DAY FUND 8,706,495.32 0.00 0.00 3,184.36 0.00 0.00 8,709,679.68 0.00 8,709,679.68 0.00
103 EXCESS LEVY 3,671.45 0.00 0.00 1.34 0.00 3,648.00 24.79 0.00 24.79 0.00
201 PARKS & RECREATION 3,325,822.60 102,493.87 721,675.73 1,277.87 0.00 0.00 2,707,918.61 0.00 2,707,918.61 0.00
202 MOTOR VEHICLE HIGHWAY 5,529,836.06 256,023.98 593,034.74 1,896.30 0.00 0.00 5,194,721.60 0.00 5,194,721.60 0.00
203 RECREATION - NONREVERTING 845,897.36 86,916.12 57,290.90 310.96 0.00 0.00 875,833.54 0.00 875,833.54 0.00
209 STUDEBAKER/OLIVER REVERTING GRANTS 1,109,031.58 0.00 18,732.33 404.52 0.00 0.00 1,090,703.77 0.00 1,090,703.77 500,000.00
210 DEPT COMMUNITY INVESTMENT STATE GRANTS (680,075.53)0.00 604,022.05 0.00 0.00 0.00(1,284,097.58)0.00(1,284,097.58)0.00
211 DCI OPERATING FUND 1,455,596.89 4,352.90 183,223.70 386.12 500.00 0.00 1,277,612.21 0.00 1,277,612.21 0.00
212 DEPARTMENT OF COMMUNITY INVESTMENT 612,675.05 154,423.58 152,594.82 104.94 0.00 500.00 614,108.75 0.00 614,108.75 0.00
216 POLICE STATE SEIZURES 211,979.09 3,172.81 0.00 80.31 0.00 0.00 215,232.21 0.00 215,232.21 0.00
217 GIFT, DONATION, BEQUEST 64,980.70 15.00 0.00 23.76 0.00 0.00 65,019.46 0.00 65,019.46 0.00
218 POLICE CURFEW VIOLATIONS 12,270.57 50.00 0.00 4.48 0.00 0.00 12,325.05 0.00 12,325.05 0.00
219 UNSAFE BUILDING 360,371.75 37,822.58 14,326.70 0.00 0.00 0.00 383,867.63 0.00 383,867.63 0.00
220 LAW ENFORCEMENT CONTINUING EDUCATION 904,089.21 27,110.30 25,871.24 334.24 0.00 0.00 905,662.51 0.00 905,662.51 0.00
227 LOSS RECOVERY FUND 994,889.15 250.00 3,200.00 363.88 0.00 0.00 992,303.03 0.00 992,303.03 0.00
244 EMERGENCY TELEPHONE SYSTEM 33,670.74 0.00 0.00 0.00 0.00 0.00 33,670.74 0.00 33,670.74 0.00
249 PUBLIC SAFETY L.O.I.T.687,550.93 567,973.75 494,926.76 108.71 0.00 0.00 760,706.63 0.00 760,706.63 0.00
251 LOCAL ROADS & STREETS 2,955,766.02 114,709.33 139,680.45 1,157.65 0.00 0.00 2,931,952.55 0.00 2,931,952.55 0.00
252 EXCESS WELFARE DISTRIBUTION 8.07 0.00 0.00 0.00 0.00 0.00 8.07 0.00 8.07 0.00
258 HUMAN RIGHTS - FEDERAL GRANT 534,060.18 3,777.50 81,240.17 143.14 0.00 0.00 456,740.65 68,896.24 525,636.89 0.00
271 EASTRACE WATERWAY 1,337.25 0.00 0.00 0.49 0.00 0.00 1,337.74 0.00 1,337.74 0.00
273 MORRIS PAC/PALAIS ROYALE MARKETING 30,751.80 900.00 0.00 11.22 0.00 0.00 31,663.02 0.00 31,663.02 0.00
280 POLICE BLOCK GRANTS 3,856.54 0.00 0.00 1.41 0.00 0.00 3,857.95 0.00 3,857.95 0.00
281 DEPT. COMMUNITY INVESTMENT - REV BONDS 27,407.20 0.00 0.00 10.02 0.00 0.00 27,417.22 0.00 27,417.22 0.00
289 HAZMAT 32,115.50 0.00 0.00 11.75 0.00 0.00 32,127.25 0.00 32,127.25 0.00
291 INDIANA RIVER RESCUE 99,798.50 11,400.00 1,310.80 35.09 0.00 0.00 109,922.79 0.00 109,922.79 0.00
292 POLICE GRANTS 114,483.30 0.00 5,925.00 0.00 0.00 0.00 108,558.30 0.00 108,558.30 0.00
294 REGIONAL POLICE ACADEMY 78,533.61 6,900.00 0.00 28.36 0.00 0.00 85,461.97 0.00 85,461.97 0.00
295 COPS MORE GRANT 121,941.39 8,168.99 3,798.69 44.65 0.00 0.00 126,356.34 0.00 126,356.34 0.00
299 POLICE FEDERAL DRUG ENFORCEMENT 252,845.43 0.00 1,290.00 115.07 0.00 0.00 251,670.50 0.00 251,670.50 0.00
404 COUNTY OPTION INCOME TAX 10,887,917.03 832,796.25 619,217.42 3,992.31 0.00 0.00 11,105,488.17 0.00 11,105,488.17 1,589,770.50
408 ECONOMIC DEVELOPMENT INCOME TAX 8,647,070.42 799,550.17 51,404.57 3,643.21 0.00 0.00 9,398,859.23 0.00 9,398,859.23 0.00
410 URBAN DEVELOPMENT ACTION GRANT (UDAG)485,472.12 0.00 0.00 195.51 0.00 0.00 485,667.63 0.00 485,667.63(1,589,770.50)
655 PROJECT RELEAF 943,885.81 38,388.79 2,534.60 347.19 0.00 0.00 980,087.19 0.00 980,087.19 0.00
705 POLICE K-9 UNIT 3,875.28 0.00 0.00 1.42 0.00 0.00 3,876.70 0.00 3,876.70 0.00
Total Special Revenue Funds 49,399,878.37 3,057,195.92 3,775,300.67 18,220.28 500.00 4,148.00 48,696,345.90 68,896.24 48,765,242.14 500,000.00
Debt Service Fund
313 HALL OF FAME DEBT SERVICE (615,260.67)9,343.00 0.00 0.00 0.00 0.00(605,917.67)0.00(605,917.67)0.00
Capital Project Funds
377 PROFESSIONAL SPORTS DEVELOPMENT 128,827.56 47,449.00 800.00 103.88 0.00 0.00 175,580.44 0.00 175,580.44 0.00
401 COVELESKI STADIUM CAPITAL 82,690.57 0.00 22,000.00 30.25 0.00 0.00 60,720.82 0.00 60,720.82 0.00
403 ZOO ENDOWMENT 49,527.46 0.00 0.00 18.11 0.00 0.00 49,545.57 0.00 49,545.57 0.00
405 PARK NONREVERTING CAPITAL 470,648.38 319.00 0.00 126.67 0.00 0.00 471,094.05 0.00 471,094.05 0.00
406 CUMULATIVE CAPITAL DEVELOPMENT 464,644.76 4,420.00 0.00 174.46 0.00 0.00 469,239.22 0.00 469,239.22 0.00
407 CUMULATIVE CAPITAL IMPROVEMENT 277,608.86 0.00 0.00 144.33 0.00 0.00 277,753.19 0.00 277,753.19 0.00
412 MAJOR MOVES CONSTRUCTION 2,160,452.46 586,589.00 312,495.43 790.20 0.00 0.00 2,435,336.23 0.00 2,435,336.23 4,590,581.70
2016 February. c ontrollers cash report - Controllers Cas h Report Page 3 of 6
City of South Bend Month of:February 2016
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
416 MORRIS PERFORMING ARTS CENTER CAPITAL 522,656.46 2,700.00 10,464.38 190.60 0.00 0.00 515,082.68 0.00 515,082.68 0.00
434 CRED FUND 2,448.66 0.00 0.00 55.70 0.00 0.00 2,504.36 0.00 2,504.36 0.00
450 PALAIS ROYALE HISTORIC PRESERVATION 76,539.94 2,116.99 0.00 27.99 0.00 0.00 78,684.92 0.00 78,684.92 0.00
677 HALL OF FAME CAPITAL FUND 499,051.90 0.00 15,818.87 183.69 0.00 0.00 483,416.72 0.00 483,416.72(483,416.72)
Total Capital & Debt Service Funds 4,119,836.34 652,936.99 361,578.68 1,845.88 0.00 0.00 4,413,040.53 0.00 4,413,040.53 4,107,164.98
Enterprise Funds
287 EMS CAPITAL 2,576,498.32 1,307,756.89 0.00 942.34 0.00 0.00 3,885,197.55 0.00 3,885,197.55 0.00
288 EMS OPERATING 2,124,535.98 543,933.41 368,644.38 800.32 0.00 0.00 2,300,625.33 0.00 2,300,625.33 0.00
600 CONSOLIDATED BUILDING DEPARTMENT 2,261,160.09 88,538.34 276,803.40 697.91 0.00 0.00 2,073,592.94 0.00 2,073,592.94 0.00
601 PARKING GARAGES 617,026.65 86,858.00 5,923.56 226.40 0.00 0.00 698,187.49 0.00 698,187.49 0.00
610 SOLID WASTE OPERATIONS 44,961.44 466,554.81 356,368.06 56.10 0.00 0.00 155,204.29 0.00 155,204.29 0.00
611 SOLID WASTE CAPITAL 575.43 0.00 236.25 24.59 0.00 0.00 363.77 0.00 363.77 0.00
620 WATER WORKS OPERATIONS 3,906,205.56 1,297,900.59 1,231,015.61 1,277.43 1,384.24 397,966.00 3,577,786.21 0.00 3,577,786.21 0.00
622 WATER WORKS CAPITAL 2,885,176.08 0.00 0.00 1,055.24 0.00 0.00 2,886,231.32 0.00 2,886,231.32 0.00
624 WATER WORKS CUSTOMER DEPOSIT 1,514,746.39 23,480.18 19,415.29 552.85 0.00 552.85 1,518,811.28 0.00 1,518,811.28 0.00
625 WATER WORKS SINKING FUND 174,915.86 0.00 0.00 14.04 170,505.00 14.04 345,420.86 0.00 345,420.86 0.00
626 WATER WORKS BOND RESERVE 1,642,223.19 0.00 0.00 588.89 0.00 0.00 1,642,812.08 0.00 1,642,812.08 0.00
629 WATER WORKS RESERVE - O & M 2,235,266.68 0.00 0.00 817.35 227,461.00 817.35 2,462,727.68 0.00 2,462,727.68 0.00
640 SEWER REPAIR INSURANCE 1,670,172.47 54,453.50 23,603.91 614.47 0.00 0.00 1,701,636.53 0.00 1,701,636.53 0.00
641 SEWAGE WORKS OPERATIONS 9,227,486.43 3,078,151.58 1,426,712.08 3,455.98 1,345.12 1,657,617.38 9,226,109.65 0.00 9,226,109.65 0.00
642 SEWAGE WORKS CAPITAL 8,115,927.87 0.00 48,666.64 3,000.03 0.00 0.00 8,070,261.26 0.00 8,070,261.26 0.00
643 SEWAGE WORKS RESERVE - O & M 3,678,649.42 0.00 0.00 1,345.12 896,724.73 1,345.12 4,575,374.15 0.00 4,575,374.15 0.00
649 SEWAGE WORKS BOND SINKING 1,565,889.37 0.00 500.00 719.42 760,892.65 0.00 2,327,001.44 0.00 2,327,001.44 0.00
653 SEWAGE WORKS DEBT SERVICE RESERVE 4,105,648.79 0.00 0.00 0.00 0.00 0.00 4,105,648.79 0.00 4,105,648.79 0.00
659 2011 SEW ER BOND 232,278.40 0.00 0.00 84.96 0.00 0.00 232,363.36 0.00 232,363.36 0.00
661 2012 SEW ER BOND 13,814,785.30 0.00 855,362.83 5,057.00 0.00 0.00 12,964,479.47 0.00 12,964,479.47 0.00
664 2013 SEW ER REFUND BOND 4,513.77 0.00 0.00 1.65 0.00 0.00 4,515.42 0.00 4,515.42 0.00
666 2015 SEW ER BOND 6,665.83 0.00 0.00 5.42 0.00 0.00 6,671.25 0.00 6,671.25 0.00
670 CENTURY CENTER 1,604,875.19 768,695.27 622,758.43 0.00 0.00 0.00 1,750,812.03 0.00 1,750,812.03 0.00
671 CENTURY CENTER CAPITAL 1,002,156.87 0.00 0.00 79.41 0.00 0.00 1,002,236.28 0.00 1,002,236.28 0.00
672 CENTURY CENTER ENERGY SAVINGS 50,036.16 0.00 0.00 3.97 0.00 0.00 50,040.13 0.00 50,040.13 0.00
Total Enterprise Funds 65,062,377.54 7,716,322.57 5,236,010.44 21,420.89 2,058,312.74 2,058,312.74 67,564,110.56 0.00 67,564,110.56 0.00
Internal Service Funds
222 CENTRAL SERVICES 1,356,198.98 954,312.00 822,307.15 293.19 0.00 0.00 1,488,497.02 0.00 1,488,497.02 0.00
224 CENTRAL SERVICES CAPITAL 187,232.89 0.00 23,369.34 68.48 0.00 0.00 163,932.03 0.00 163,932.03
226 LIABILITY INSURANCE 4,618,577.84 198,168.49 236,634.39 1,659.25 0.00 0.00 4,581,771.19 0.00 4,581,771.19 0.00
278 TAKE HOME VEHICLE POLICE 651,418.51 8,960.00 0.00 237.26 0.00 0.00 660,615.77 0.00 660,615.77 0.00
279 311 CALL CENTER 1,317.64 39,201.45 40,519.09 0.00 0.00 0.00 0.00 0.00 0.00
711 SELF-FUNDED EMPLOYEE BENEFITS 5,123,550.64 1,363,281.47 1,797,558.21 1,816.75 0.00 0.00 4,691,090.65 0.00 4,691,090.65 0.00
713 UNEMPLOYMENT COMP FUND 268,240.52 1,738.36 7,827.99 98.30 0.00 0.00 262,249.19 0.00 262,249.19 0.00
Total Internal Service Funds 12,206,537.02 2,565,661.77 2,928,216.17 4,173.23 0.00 0.00 11,848,155.85 0.00 11,848,155.85 0.00
Trust & Agency Funds
701 FIREFIGHTERS PENSION 46,066.77 17,296.00 419,320.55 131.37 0.00 0.00(355,826.41)0.00(355,826.41)0.00
702 POLICE PENSION 643,055.94 0.00 528,448.34 373.90 0.00 0.00 114,981.50 0.00 114,981.50 0.00
709 PAYROLL FUND (37.00)8,349,685.89 8,349,648.89 0.00 0.00 0.00 0.00 0.00 0.00 0.00
718 STATE TAX DEDUCTION FUND 257,922.60 249,443.40 257,922.60 0.00 0.00 0.00 249,443.40 0.00 249,443.40 0.00
725 MORRIS / PALAIS BOX OFFICE 1,525,499.20 544,452.62 0.00 0.00 0.00 0.00 2,069,951.82 0.00 2,069,951.82 0.00
726 POLICE DISTRIBUTIONS PAY 839,554.90 0.00 9,681.54 0.00 0.00 0.00 829,873.36 0.00 829,873.36 0.00
2016 February. c ontrollers cash report - Controllers Cas h Report Page 4 of 6
City of South Bend Month of:February 2016
Controller's Cash Report
Opening Interest Transfers Transfers Ending Total Cash &Interfund Loans
Fund Fund Name Cash Balance Receipts Disbursements Earned In Out Cash Balance Investments Investments(Borrowing)
730 CITY CEMETERY TRUST 28,588.96 0.00 0.00 10.46 0.00 0.00 28,599.42 0.00 28,599.42 0.00
Total Trust & Agency Funds 3,340,651.37 9,160,877.91 9,565,021.92 515.73 0.00 0.00 2,937,023.09 0.00 2,937,023.09 0.00
Total City Funds 161,655,926.32 24,261,403.82 25,717,508.78 56,320.90 2,062,460.74 2,062,460.74 160,256,142.26 68,896.24 160,325,038.50 5,090,581.70
Redevelopment Commission Controlled Funds
Tax Increment Financing Funds
324 TIF RIVER WEST - AIRPORT 28,726,527.88 25,559.03 1,447,980.00 12,523.09 1,014.60 0.00 27,317,644.60 0.00 27,317,644.60(500,000.00)
422 TIF DISTRICT - WEST WASHINGTON 1,509,301.59 0.00 3,366.00 552.01 0.00 0.00 1,506,487.60 0.00 1,506,487.60 0.00
425 TIF LEIGHTON PLAZA 215,755.27 10,671.81 4,848.72 60.58 0.00 0.00 221,638.94 0.00 221,638.94 0.00
429 TIF RIVER EAST DEV (NE)7,491,726.70 0.00 3,648.00 2,739.05 0.00 0.00 7,490,817.75 0.00 7,490,817.75 0.00
430 TIF SOUTHSIDE DEVELOPMENT AREA #1 6,105,040.36 0.00 153,969.77 2,232.87 0.00 0.00 5,953,303.46 0.00 5,953,303.46 0.00
432 TIF SSDA #3 - ERSKINE VILLAGE 4,945,336.45 0.00 0.00 1,826.95 0.00 0.00 4,947,163.40 0.00 4,947,163.40 0.00
435 TIF DOUGLAS ROAD 151,898.93 0.00 140,000.00 55.55 0.00 0.00 11,954.48 0.00 11,954.48(511,408.00)
436 TIF RIVER EAST RES (NE RE) 595,625.69 0.00 446,589.00 0.00 0.00 0.00 149,036.69 0.00 149,036.69(4,079,173.70)
Total Tax Increment Financing Funds 49,741,212.87 36,230.84 2,200,401.49 19,990.10 1,014.60 0.00 47,598,046.92 0.00 47,598,046.92(5,090,581.70)
Redevelopment Funds
433 REDEVELOPMENT ADMINISTRATION GENERAL 8,716.41 0.00 0.00 3.18 0.00 0.00 8,719.59 0.00 8,719.59 0.00
439 CERTIFIED TECHNOLOGY PARK 2,277,098.56 0.00 0.00 832.85 0.00 0.00 2,277,931.41 0.00 2,277,931.41 0.00
454 AIRPORT URBAN ENTERPRISE ZONE 380,249.43 0.00 0.00 139.07 0.00 0.00 380,388.50 0.00 380,388.50 0.00
Total Redevelopment Funds 2,666,064.40 0.00 0.00 975.10 0.00 0.00 2,667,039.50 0.00 2,667,039.50 0.00
Debt Service Funds
315 AIRPORT 2003 DEBT RESERVE 1,038,904.00 0.00 0.00 379.88 0.00 379.88 1,038,904.00 0.00 1,038,904.00 0.00
317 COVELESKI BOND DEBT RESERVE 508,659.84 0.00 0.00 186.04 0.00 0.00 508,845.88 0.00 508,845.88 0.00
328 SBCDA 2003 DEBT RESERVE 1,735,840.00 0.00 0.00 634.72 0.00 634.72 1,735,840.00 0.00 1,735,840.00 0.00
Total Debt Service Funds 3,283,403.84 0.00 0.00 1,200.64 0.00 1,014.60 3,283,589.88 0.00 3,283,589.88 0.00
Total Redevelopment Commission Funds 55,690,681.11 36,230.84 2,200,401.49 22,165.84 1,014.60 1,014.60 53,548,676.30 0.00 53,548,676.30(5,090,581.70)
City Operations Total 217,346,607.43 24,297,634.66 27,917,910.27 78,486.74 2,063,475.34 2,063,475.34 213,804,818.56 68,896.24 213,873,714.80 0.00
Memo Item
Pooled Investment Account Opening Interest Accrued Change in Transfer In Transfer out Investment Total Cash &
Balance Net of Fees Income Asset Value from Depository to Depository Balance Investments
1st Source Bank Investment Account 174,381,458.39 57,863.79 0.00 421,121.75 0.00 61,437.67 174,799,006.26 174,799,006.26
2016 February. c ontrollers cash report - Controllers Cas h Report Page 5 of 6
City of South Bend Period Ending:February 2016
Cash Balance Report
Account Bank Account Current Prior Q3 Q2 Q1 Prior
Month Month September June March December
City Controlled Bank Accounts
xxxx 1st Source Depository 204,389,008.38 209,460,309.46 - - - 229,929,588.47
xxxx 1st Source Payroll(248,658.85) (321,863.40) - - - (231,148.09)
xxxx 1st Source Disbursement(897,618.64) (1,737,925.26) - - - (1,968,971.90)
xxxx 1st Source Police Grant 299 251,670.50 252,845.43 - - - 345,542.57
xxxx 1st Source Benefits 26,125.57 26,119.09 - - - 26,118.92
xxxx 1st Source Section 108-8 Loan 129,936.71 129,881.01 - - - 129,476.02
xxxx 1st Source Blight Elimination Program 156,299.34 156,299.34 - - -
xxxx Key Bank Century Center Capital 1,002,236.28 1,002,156.87 - - - 1,418,662.50
xxxx 1st Source Variance(1,199.03) 118.51 - - - 1,382.17
City Cash Total 204,807,800.26 208,967,941.05 - - - 229,650,650.66
Century Center Controlled Accounts
xxxx Key Bank Operating / Petty Cash 1,531,838.28 1,433,017.45 1,214,471.63 525,593.61 1,040,370.48 616,601.23
xxxx Key Bank Payroll(20,354.17) 19,050.52 10,290.95 221,644.38 44,633.59 132,880.07
xxxx Key Bank Event 239,327.92 152,807.22 168,050.08 358,912.30 169,367.35 143,394.21
xxxx Key Bank Energy Savings 50,040.13 50,036.16 50,019.31 50,006.71
CC Cash Total 1,800,852.16 1,654,911.35 1,442,831.97 1,156,157.00 1,254,371.42 892,875.51
Cash on hand with other financial institutions
Fund 101 Cash with Fiscal Agent 82,346.86 82,346.86 69,250.28 69,416.28 69,603.28 69,603.28
Fund 258 Cash with Fiscal Agent 7,681.07 7,681.07 16,474.07 19,974.07 19,554.07 19,974.07
Fund 258 Cash with Fiscal Agent 68,896.24 68,896.24 53,821.56 53,777.93 53,777.93 53,777.93
Fund 313 Cash with Fiscal Agent 11,131.47 11,131.47 2,933.69 2,933.69 2,933.69 2,933.69
Fund 425 Cash with Fiscal Agent 56,442.77 50,619.50 47,844.09 25,074.17 15,238.81 83,518.24
Fund 432 Cash with Fiscal Agent- - 561,092.69 561,092.69 561,092.69 561,092.69
Fund 600 Cash with Fiscal Agent 970.00 257.00 (509.00) 96.00 1,109.00 1,329.00
Fund 619 Cash with Fiscal Agent- - - - 19,867.11 82,356.86
Fund 626 Cash with Fiscal Agent 32,120.00 32,120.00 32,120.00 32,120.00 32,120.00 32,120.00
Fund 653 Cash with Fiscal Agent 4,105,648.79 4,105,648.79 7,286,831.50 7,286,831.50 7,286,831.50 7,286,831.50
Fund 725 Cash with Fiscal Agent 2,069,951.82 1,525,499.20 1,404,776.53 1,299,797.67 1,316,454.90 1,071,031.60
Fund 726 Cash with Fiscal Agent 829,873.36 839,554.90 807,408.08 1,299,797.67 1,316,454.90 1,071,031.60
xx Cash Total 7,265,062.38 6,723,755.03 10,282,043.49 10,650,911.67 10,695,037.88 10,335,600.46
Total Cash on Hand per Controller's Cash Report 213,873,714.80 217,346,607.43 11,724,875.46 11,807,068.67 11,949,409.30 240,879,126.63
2016 February. controllers cash report - Cash Balances Page 6 of 6