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2013 Management
&
Financial Plan
Indianapolis Public
Transportation Corporation
Introduced to IndyGo Board: August 2, 2012
IndyGo Board Adopted On:
City County Council Adopted on:
INDIANAPOLIS PUBLIC TRANSPORTATION CORPORATION
TABLE OF CONTENTS Pages
Transmittal Letter for Original Submission date August 2, 2012 1-4
Year 2013 IPTC Proposed Financial Plan
Year 2013 Financial Plan Assumptions - Original Submission date August 2, 2012 5
IPTC Financial Plan - Expenditures - Original Submission date August 2, 2012 6
General Operation Fund - Revenues - Original Submission date August 2, 2012 7
Capital Improvement Plan - Utilization of Capital Funds 8
General Information
IPTC Budget Calendar 10
Department of Local Government Finance - Budget DIvision
General
Debit Services
Cumulative Fund
Capital Grants
Federal Pass Through
To: IPTC Chair and Board of Directors
Re: IPTC 2013 Financial & Management Plan
From: Michael A. Terry, President and CEO
Date: August 2, 2012
Introduction
Attached for your review and consideration is the 2013 IPTC proposed budget. The stability of revenue sources continues to impact long-term fiscal planning for the agency. The federal government has passed a two-year transportation bill and state funding changed to a two year budget line item from the Public Mass Transit dedicated state fund. Local funding is dependent on property tax receipts and fare revenue typically correlates to ridership. Combined with fluctuating revenue forecasts, the cost of operating IndyGo at existing service levels continues to grow. While the agency has tackled many operating efficiencies in order to reduce expenses, projecting fuel costs and health benefits costs as well as maintaining an ever aging bus fleet presents budget-balancing challenges. In light of revenue and expenditure challenges, IndyGo’s ridership continues to increase. Ridership in 2011 increased 10% over 2010. Through June 2012, we have seen a 12.4% increase in passenger trips over 2011. This is the highest level of ridership in more than a decade and with fewer bus routes. Indianapolis is at a pivotal time as more residents are looking for alternative modes of commuting and transportation options. The opportunity to grow service levels through additional frequency and weekend operations would not only increase ridership, but allow residents of Indianapolis greater access to job opportunities, education, healthcare and overall quality of life. The proposed 2013 budget presents an opportunity for our city to invest in the growth of our transit system. As demand for service increases and more discussion occurs on the future of public transportation in our region, if additional funding is available IndyGo would begin phasing in additional service in the form of more frequency, longer service hours, more weekend service and new routes. The following 2013 Operating Budget Overview increases our baseline budget with additional funding to increase transit service.
2013 Operating Budget Overview
The 2013 Operating Budget Expenditure totals $65.2M. This represents an increase of $8.3M compared to the final revised 2012 budget of $56.9M.
The operating budget as proposed includes the following objectives:
1. As required in 2012, an excess property tax levy is planned to maintain the current fixed route
services and fares at the 2012 level through 2013. Furthermore, an additional excess property tax
levy is planned in the operating budget to begin providing additional bus service in Indianapolis.
2. ADA para transit service (Open Door) will continue to operate throughout Marion
County/Indianapolis, exceeding federal requirements of providing service within ¾ of mile
around fixed route.
3. With an additional investment of $6M, IndyGo would begin to phase in more service during 2013
following the implementation plans detailed in the comprehensive operational analysis completed
during the Indy Connect study. The additional service would begin with greater frequency of service, extending the span of service hours, increasing hours of service on weekends and adding
a new route.
4. We will continue to invest in technology to improve external customer communications as well as
internal operations. With the award of several competitive grants, IndyGo will be able to upgrade
existing software, improve the security of technology systems and procure new tools to enhance service delivery.
5. We will continue to develop relationships with community organizations through our award-
winning Community Collaborations program to grow overall awareness of IndyGo and promote the benefits of transit within the community.
6. While fuel costs for 2013 are budgeted at the same $3.18 per gallon as 2012, the agency will continue to use its strategic approach for incremental and periodic fuel purchasing. Fuel supplies
and cost remain volatile and the uncertainties require management to be conservative in our
budgeting.
7. We will continue efforts to maintain the full time workforce staffing levels necessary to provide
scheduled service and control overtime costs within the fixed route and maintenance areas.
8. We will continue to provide an on-site primary healthcare clinic and wellness program to promote
health and compliance for IndyGo employees and their families while controlling agency
healthcare costs.
9. IndyGo will continue participation in two professional organizations; the American Public
Transportation Association (APTA) and the Conference of Minority Transportation Officials
(COMTO). Whether as committee and board members, or presenters and committee chairs, employees will continue to lend their support to industry initiatives and gain knowledge from
other transit agencies and professionals across the country.
10. A 1% adjustment has been allocated for compensation adjustments in 2013.
11. No funding from the Capital Cumulative Fund is planned in the 2013 budget.
12. Funding has not been provided to cover a $3M insurance reserve gap as well as coverage for
physical damage to the buses and other vehicles operated by IndyGo. This is an exposure that
will be evaluated and addressed in 2013.
13. Repayment of the $2M loan with the City of Indianapolis has been extended to 2013. A new loan
agreement was executed that provides for IPTC to make investments in certain capital assets that
have mutual benefit to the City and IPTC. IPTC is working with the City to extend that agreement through 2016. Consequently, repayment of the loan has not been budgeted in the
general fund.
2013 Capital Plan
An outline of the Capital Plan has been updated and included in the attachment. The program as structured provides adequate local match from the Capital Cumulative fund as required for planned
Federal capital grant expenditures. The primary investments will be for facility upgrades and repairs,
replacement buses and para transit vehicles, installation of additional bus shelters, benches, lighting, bike racks and new bus stop signs, continuation on the rehabilitation of the existing administration and
maintenance facility and the construction of a new downtown transit facility.
When the cumulative capital transit fund was established, IPTC no longer had the need to bond debt to provide the local match for federally funded capital projects. A pay as you go method enables us to
eliminate costly fees and interest associated with issuing debt and thereby reduces our burden on property
tax payers. In recent years it has been necessary to transfer Capital Cumulative funds into the operating budget. This is not a sustainable financial model. Most Federal grants require a local match. Reducing
the Capital Cumulative fund jeopardizes our ability to secure future Federal grants for capital projects.
IPTC is diligent in submitting competitive Federal grant applications for funding which would provide
capital and operating funding for specific programs and capital needs. IndyGo was successful in
obtaining a Federal State of Good Repair (SGR) grant in 2012 for $10,000,000 for the purchase of new buses to replace some of the oldest in the fleet. In addition, IndyGo was awarded Job Access Reverse
Commute (JARC) and New Freedoms grants to enhance our technology and communications systems to
improve service to our customers and individuals desiring to use public transportation in our city.
IndyGo will continue to submit grant applications for various federally funded programs as they become
available.
Summary
Each year, IndyGo continues to operate within a very minimal budget in order to maintain existing service levels and fare structure. In recent years IndyGo has been budgeting the Federal funding
designated for capital expenditures (replacement buses and para transit vehicles; and facility
repairs/upgrades) as well as using local Capital Cumulative funds to subsidize the agency’s operating
budget. This conversion of capital funds has had a dramatic impact on IndyGo’s bus replacement plan, with the average age of the fleet being around 10 years. IndyGo has had to rely on competitive grants to
procure new buses or look to other transit agencies to buy their used buses instead of relying on a
designated and funded capital replacement program.
It has been necessary for IPTC to be creative with capital grants and local capital funds. In 2012 it was
necessary to procure 21 used buses from the Central Ohio Transit Agency COTA) in order to stabilize our
fleet and replace older IndyGo buses that have exceeded their useful life and are more costly to operate
and maintain.
Without an infusion of new or increased operating dollars, public transportation in the city of Indianapolis
will continue to erode. With the passing of the new transportation bill, the nation’s leadership realizes the
importance of its transportation programs and their role in community infrastructure.
Because of IPTC’s operating efficiencies and transit industry experience, we are well-positioned for
growth. Between IndyGo’s planning team and the recent Comprehensive Operational Analysis, IndyGo service expansion could be executed efficiently in phases during 2013. The scalability of our agency not
only allows for great improvements in Marion County, but acts as the backbone for the Indy Connect long
range transportation plan and vision.
IPTC continues to implement and refine operational strategies to control costs and balance budgets. At
this point, the 2013 budget challenges our community with an opportunity to invest in the bus system and
begins to increase service. Without a change in strategic thinking for transportation and mobility in our city and the means to fund this valuable infrastructure service, Indianapolis will be faced with reductions
in transit services. Public transportation support the economy, provides access to employment, saves
energy, reduces the impact on our environment, and improves the quality of life for so many citizens.
Respectfully Submitted:
Michael A. Terry
President and CEO
Year 2013 Proposed
Financial Plan
Financial Plan - Assumptions
Financial Plan – Expenditures
Financial Plan – Revenues Capital Improvement Program Pass Through to Sub Recipients
Year 2013
Plan Assumptions
Indianapolis Public Transportation Corporation Summary of Significant Assumptions -Original Submission dated August 2, 2012
Budget 2013
A.
1.
Revenues: Property, excise and local option income taxes were calculated using the current rules that are in effect. A
provision for the effect of the circuit breaker was estimated for 2013. It is assumed that IPTC will collect the approved tax levies net of the circuit breaker in their entirety for 2012 and a provision of 5% was established for 2013.
2.
The State Public Mass Transit Funding distribution pool is assumed to be similar to the prior year and the current data has been updated in estimating 2013 PMTF revenue distribution to IPTC. The result is a reduction of approximately $29,000.
3.
Federal Transit operating assistance is expected to increase by approximately $2,800,000 as a result of the new 2 year Transportation bill passed by Congress in June 2012.
4.
Fare revenue for the budget period is expected to increase by $600,000 or 6%.
5.
Special route guarantees and adve r t i s ing revenues are expected to remain the same.
B.
Expenditures: 1. Benefits costs are expected to increase approximately 5% from the prior year.
2.
Diesel Fuel costs have been budgeted at $3.18 per gallon for the remainder of 2012 and for 2013.
3.
A provision for a one percent wage increases for 2013 has been factored into the 2013 budget.
4.
Repayment of the loan from the City of Indianapolis has been extended to 2013. A new loan agreement was executed that provides for IPTC to make investments in certain capital assets and service projects that have mutual benefit to the City and IPTC. IPTC is working with the City to extend that agreement through 2016. Consequently, repayment of the loan has not been budgeted in the general fund.
5.
Money has been budgeted to deploy some Transit security as the result of being awarded a Transportation Safety Administration grant .
6.
Costs for purchased transportation and dispatch services for demand response are anticipated at rates set forth in existing contracts.
7.
The budget is predicated on hitting certain marks for revenue and expenses. If actual costs are substantially more than estimated or revenue streams are substantially less than anticipated, changes to service may be required unless another source of funding is located. Presently, no reductions to service are proposed.
8. In 2012 Federal Transit Administration conducted a Financial Management Oversight review we have not received the results of that review and do not know what recommendations they have made which could affect the 2013 budget.
IndyGo (IPTC)
Financial &
Resources Plan -
Expenditures
Indianapolis Public Transportation CorporationSummary Budget - General Operating Fund
Expenditures - Original Submission Dated August 2, 2012Budget Year 2013
Account Name2012
Orginal2012
Revised2013
BudgetWages 20,019,070 20,019,070 20,420,202 Benefits 7,236,000 7,236,000 6,544,307 Retirement 800,000 800,000 800,000 Other Benefits 348,000 348,000 1,081,000 Payroll Taxes 1,530,766 1,530,766 1,562,145 Total Personal Services 29,933,836 29,933,836 30,407,654
Parts 3,954,000 3,954,000 3,425,000
Office Supplies 74,000 74,000 60,000 Operating Supplies 230,500 230,500 840,500 Fuel 5,466,000 5,466,000 5,462,000 Other - - 26,000 Total Materials and Supplies 9,724,500 9,724,500 9,813,500
Professional Services 786,000 786,000 1,014,000
Contractual Services 12,160,800 12,160,800 11,967,800 Dues and Subscriptions 59,000 59,000 56,000 Training and Conferences 96,000 96,000 129,255 Printing and Advertising 397,000 397,000 735,000 Utilities 980,000 980,000 980,000 Telephone 100,000 100,000 100,000 Insurance 1,900,000 1,900,000 1,885,000 Other 882,345 762,693 8,082,435 Total Other Services and Charges 17,361,145 17,361,145 24,949,490
TOTAL 57,019,481 56,899,829 65,170,644
General
Operating Fund -
Revenues
Indianapolis Public Transportation CorporationSummary Budget - General Operating Fund
Revenues - Original Submission Dated August 2, 2012Budget Year 2013
Object 2012 2012 2013Code Account Name Original Revised Budget
10 Fares 9,804,540 9,804,540 10,401,921 80 Property and Excise Tax 17,589,892 23,923,860 28,381,855 70 Public Mass Transit Funds 10,260,138 10,260,138 10,543,133 70 Federal Transit Administration 11,552,340 11,552,340 14,616,177 20 Route Guarantees 785,000 785,000 785,000 30 Advertising 300,000 300,000 400,000 40 Other Operating 273,951 273,951 112,400
Transportation Safety Administration - - 223,951 45 Transfer from Cumulative Fund - - -
Unfunded Balance 6,453,620 - -
Total 57,019,481 56,899,829 65,464,437
Capital
Improvement
Program –
Utilization of Bond Fund
Indianapolis Public Transportation CorporationCapitial Improvementt Program
Projected Capitial Funds Utilization Programbudget 2013
2012 2013Total Federal Local Match Total Federal Local Match
Project Description Project amount amount Project amount amount
Bus Rolling Stockrolling stock 3,074,493 2,459,594 614,899 17,167,030 13,733,624 3,433,406
Bus station /stops / terminals
acquire/build/cinstruct shelters and signs 705,502 578,553 126,949 607,001 485,601 121,400 acquire park and ride facility 1,250,000 1,000,000 250,000 1,250,000 1,000,000 250,000 acquire urban transfer center 2,500,000 2,000,000 500,000 2,500,000 2,000,000 500,000 contingent capitial reserve 25,148,900 20,119,120 5,029,780 25,115,196 20,092,157 5,023,039
Bus Support Equipment and Facilities
rehab/rennovate adm/main facility 1,959,836 1,567,869 391,967 5,149,911 4,119,929 1,029,982 equipment 4,492,415 3,593,931 898,484 7,714,344 6,171,475 1,542,869
Bus- communication Equipmentcommunication and support equipment - - - 315,029 252,023 63,006
totals 39,131,146 31,319,067 7,812,079 59,818,511 47,854,809 11,963,702
note 1 balances to worksheet capitial funds detail
Indianapolis Public Transportation Corporation JARC and New Freedom Grants, CMAQ and Other Federal Grants
Pass Through to Sub Recipients
budget 2013Note based on awards
unawarded Awarded Grants Awarded Grants 2013Funding balance July 5, 2012 balance July 5, 2012 Totalavailable To
Grant Year 5-Jul-12 JARC New Freedom budget
2008 - 138,499 402 2009 303,839 25,196 2010 - 74,649 2011 (19,147) 918,991 459,946 2012 914,339 - - 2013 712,092 - -
1,607,284 1,361,329 560,193 3,528,806
CICS (van pool) 600,000 Alternative analysis 2,300,000
6,428,806
Department of
Local
Government
Finance – Budget
Division
General
Debt Services
Cumulative Fund
Capital Grants
Federal Pass Through Grants
City County Council
IPTC Budget
Calendar
June 4, 2012 Monday Meeting with City Council CFO-Discuss Budget Schedule - Council Office
June 11, 2012 Monday Executive Team Meeting-Discuss Budget Issues and Formulate Plan
June 21, 2012 Thursday Finance Committee - Provide Guidance on Overall Budget Parameters
June 28, 2012 Thursday Regularly Scheduled Board Meeting
July 3, 2012 Tuesday Rough Out-Revenue Projections 2nd Half 2012 and 2013
July 6, 2012 Friday June 30, 2012 - Month End Closing
July 9, 2012 Monday Draft Budget Worksheets to Department Heads
July 11 & 12, 2012 Wed/Thur Two on One (CEO/CFO) Meetings with Department Heads
July 20, 2012 Friday Finance Committee Input
July 23, 2012 Monday First Pass - Draft 2013 Budget
July 24 - 26, 2012 Tue - Thur Budget Changes - CEO/Department Head Tweaks
July 27, 2012 Friday Budget Complete - Put into DLGF Budget Forms
July 30, 2012 Monday Budget to Printer
August 2, 2012 Thursday IPTC Board Meeting (5pm) - Lay Budget on Table (Staff's Plan)
August 2, 2012 Thursday Submit Advertisement for Publication
August 6, 2012 Monday Advertisement Begins (First Advertising)
August 13, 2012 Monday Second Advertisement to Appear in Newspaper
August 16, 2012 Thursday IPTC Board Meeting (5pm) - Public Hearing/ Comment on Budget
August 17, 2012 Friday IPTC Finance Committee - Review Budget and Develop Recommendation to Full Board
August 21, 2012 Tuesday Finalize Board Budget Plan and Send to Printer
August 27, 2012 Monday IPTC Board Meeting (5pm) - Final Adoption of Budget
August 29, 2012 Wednesday File IPTC Approved Budget Electronically with City County Council
September 10, 2012 Monday Council First Advertisement
September 17, 2012 Monday Council Second Advertisement
September 17, 2012 Monday Budget Introduced at Council Meeting - notice of Public Hearing on Budget
September 20, 2012 (5:30pm) Thursday Municipal Corp Committee - Present Board Approved Budget to Committee
September 27, 2012 (5:30pm) Thursday Municipal Corp Committee - public hearing on Budget - Present Board Approved Budget to Committee
October 2, 2012 Tuesday Municipal Corp Committee - Final Budget Review and Recommendation
October 15, 2012 Monday City County Council (7pm-PAR) - IPTC Budget Adoption
October 29, 2012 Monday Budget Submitted to County Auditor, City Controller & DLGF
December 17-28, 2012 Various Field Examination by DLGF
December 28, 2012 Friday Preliminary Approval by DLGF
February 15, 2013 Tuesday Budget Certified by DLGF
Revision 2: Dated June 19, 2012
Indianapolis Public Transportation CorporationRevised Budget Calendar
Fiscal Year 2013
General
Information
IPTC Budget Calendar
Department of Local
Government Finance –
Budget Division
General
Prescribed by State Board of AccountsApproved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion
FUND General Fund 31,584,305,545
Indianapolis Public Transportation
Indianapolis Public Transportation
City-County Council APPROPRIATING BODY
1. Total budget estimate for incoming year 65,170,644 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation
unexpended 29,461,804 3. Additional appropriation necessary to be made July 1 to to December 31 of present year
4. Outstanding temporary loans
a. To be paid not included in lines 2 or 3
b. Not repaid by December 31 of present year
5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 94,632,448
FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY:
6. Actual cash balance, June 30 of present year of present year (including cash investments) 5,674,625 7. Taxes to be collected, present year (December Settlement) 9,105,712 8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year
(Schedule on File):
a. Total Column A Budget Form 2 20,548,481 b. Total Column B Budget Form 2 38,783,608 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 74,112,42610. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) 20,520,02211. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue
(for same period) 8,947,84012. Amount to be raised by tax levy (add lines 10 and 11) 29,467,86213A. Property Tax Replacement Credit from Local Option Tax x 013B Operating Loit 1,972,75214. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12) 27,495,110 15. Levy Excess Fund Applied to Current Budget 016. Net Amount to be Raised 27,495,110 17. Net Tax Rate on Each One Hundred Dollars of Taxable Property 0.0871
2
( NOT TO BE PUBLISHED)
FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR
Budget Form 4-B (Rev. 2002)
(This form is to be prepared for each fund that requires either a tax rate or an appropriation.)
BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE
NET ASSESSED VALUATION
Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Indianapolis Public Transportation Corporation, Marion COUNTY, IND.
ESTIMATE OF MISCELLANEOUS REVENUES - GENERAL FUND
FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES
FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO BE RAISED, YEAR 2012
A X B X
1-Jul-12 Indianapolis Department of 1-Jan-13 Indianapolis Department of
to Public Local Government to Public Local Government
OTHER TAXES: 31-Dec-12 Transportation Finance 31-Dec-13 Transportation Finance
Indianapolis Public Indianapolis Public
DOW PILOT Transportation Transportation
0201 Financial Institutions Tax 41,804 83,6000202 License Excise Tax 745,523 1,491,0000203 CAGIT Certified Shares
0204 CAGIT Property Tax Replacement Credit
0212 County Opt Income Tax (LOIT) 987,343 00217 CVET Commercial Excise Tax 46,213 92,4260206
Loit
Circuit Breaker
LICENSES AND PERMITS:
3101
3102 Dog Licenses
Cable TV
3201
Building Permits
3202
Street and Curb Cut Permits
INTERGOVERNMENTAL REVENUE:
1121
1300 Federal Matching Funds (PM) 5,653,518 14,416,177
1399 Transportation Safety Administration Grant 223,951 223,9511417 Public Mass Transit Fund 5,286,558 10,543,1331501 Local Road and Street
1502 Liquor Excise Tax Distributions
1503 Alcoholic Beverage Gallonage Tax Distribution
1504 Cigarette Tax Distributions - General
1505 Cigarette Tax to CCIF
1506 Cigarette Tax - Fire Pension Fund
1600 Cigarette Tax - Police Pension Fund
State Payment in Lieu of Taxes
CHARGES FOR SERVICES:
2206
2501 Fire Protection Contracts
2715 In Lieu of Tax-Mun. Util. 117,402 234,0002725 Contract Services
2726 Transportation Receipts (Fares) 4,902,270 10,401,921
Route Guarantees 424,260 785,000FINES AND FORFEITURES:
4101
4104 Court Docket Fees
Ordinance Violations
MISCELLANEOUS REVENUES
6100 Interest of Investments 14,000 112,4006200 Rental Property
6500 Advertising 105,639 400,000
Non-Identified (Miscellaneous)
OTHER FINANCING SOURCES:" " "
5201
5202 Transfer From Parking Meter Fund
5206 Transfer From CCIF
2725 Tranfer From ______________ Cumulative 2,000,000
Transportation Receipts
9999
Total Columns A and B 20,548,481 38,783,608
NOTE:
Col. A is for the period from July 1 to December 31 of the present year.
Col. B is for the period from January 1 to December 31 of the incoming year.
Cols. X are reserved for the State Board of Tax Commissioners adjustments.
(CAGIT) means County Adjusted Gross Income Tax.
ESTIMATE AMOUNTS TO BE RECEIVED
Boyce Forms Systems 1-800-382-8702
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2013 49 6 8001 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: General DEPARTMENT: Board of Directors FUNCTION:
100000 PERSONAL SERVICES $0200000 SUPPLIES 0300000 OTHER SERVICES & CHARGES 0400000 CAPITAL OUTLAY 0
9999 TOTAL 0 0
FUND: General DEPARTMENT: Executive Dept.
100000 PERSONAL SERVICES $245,815200000 SUPPLIES 6,000300000 OTHER SERVICES & CHARGES 6,996,500400000 CAPITAL OUTLAY
9999 TOTAL $7,248,315
FUND: General DEPARTMENT: Marketing and ServiceDevelopment
100000 PERSONAL SERVICES $351,700200000 SUPPLIES 7,000300000 OTHER SERVICES & CHARGES 1,150,000400000 CAPITAL OUTLAY
9999 TOTAL 1,508,700
next page TOTAL
(ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD City-County Council
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2011 49 6 8001 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: General DEPARTMENT: Operations Dept. FUNCTION:
100000 PERSONAL SERVICES $15,612,208200000 SUPPLIES 29,500300000 OTHER SERVICES & CHARGES 930,738400000 CAPITAL OUTLAY
9999 TOTAL $16,572,446
FUND: General Flexible Services
100000 PERSONAL SERVICES $219,530200000 SUPPLIES 4,000300000 OTHER SERVICES & CHARGES 8,373,000400000 CAPITAL OUTLAY
9999 TOTAL $8,596,530
FUND: General Maintenance and Facility Management Dept.
100000 PERSONAL SERVICES $3,802,502200000 SUPPLIES 9,583,000300000 OTHER SERVICES & CHARGES 1,991,000400000 CAPITAL OUTLAY
9999 TOTAL $15,376,502
FUND Next page TOTAL
(ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD City-County Council
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2011 49 6 8001 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: General DEPARTMENT: Administrative Services FUNCTION:
Dept.
100000 PERSONAL SERVICES $10,175,899200000 SUPPLIES 184,000300000 OTHER SERVICES & CHARGES 5,508,252400000 CAPITAL OUTLAY 0
9999 TOTAL $15,868,151
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES
400000 CAPITAL OUTLAY9999 TOTAL
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES
400000 CAPITAL OUTLAY9999 TOTAL
General Fund TOTAL $65,170,644(ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD City-County Council
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2012 49 6 8001
ID YEAR CO TYPE KEY
Board of Directors
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Items Estimate Approved
1. PERSONAL SERVICES
Salaries and Wages
100 Wages
Employee Benefits
120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Maintenance Supplies
Other Supplies
240 Other Supplies
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supplies
Total
Estimate
3. OTHER SERVICES AND CHARGES
Professional Services
300 Professional Contracts
310 Contract Services
315 Maintenance Contracts
Communication and Transportation
320 Dues and Subscriptions
330 Training & Conferences
Printing and Advertising
340 Printing & Advertising
347 Promotion
Insurance
360 Insurance
Utility Services
Repairs and Maintenance
Rentals
Debt Service
Other Services and Charges
370 other
additional service
0Total Other Services and Charges
Total Total
Items Estimate Estimate
4. CAPITAL OUTLAYS
Land
Buildings
Improvements Other Than Buildings
Machinery and Equipment
Other Capital Outlays
0
0 0
(I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Indianapolis Public Transportation Corporation Board of Directors
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day of August, 2012
Signature and Title of Officer(s) or Department Head
Total Capital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Executive Dept.
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages
228,346
Em ployee Benefits 228,346120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes 17,469
17,469245,815
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
5,000
Operating Supplies 5,000220 Operating Supplies
230 Fuel
Repair and Main tenance Supplies
Other Supp lies
240 Other Supplies
1,000
1,000
6,000 ,
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supp lies
Total
Total Estim ate
3. OTHER SERVICES AND CHARGES Items EstimateProfess ional Services
300 Professional Contracts
310 Contract Services 72,000315 Maintenance Contracts 10,000
82,000Com m unication and Transportation
320 Dues and Subscriptions 50,000330 Training & Conferences 36,000
86,000Prin ting and Advertis ing
340 Printing & Advertising 6,000
6,000Insurance
360 Insurance
Uti l i ty Services
Repairs and Main tenance
Rentals
Debt Service
Other Services and Charges
370 Other 132,500additional service 6,690,000
6,822,500
6,996,500Total Other Services and Charges
Total Total
Item s Estim ate Estim ate
4. CAPITAL OUTLAYS
Land 0
0
Build ings 0
0
Im provem ents Other Than Bu ild ings 0
0
Machinery and Equ ipm ent 0
0
Other Capital Outlays 0
0
0
7,248,315
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day of August 2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Marketing and Service Develoment
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages 326,707
326,707
Em ployee Benefits
120 Benefits 0
121 Retirement 0
125 Other Benefits 0
0
Other Personal Services
170 Payroll Taxes 24,993
24,993
351,700
2. SUPPLIES
Office Supplies
200 Parts 0
210 Office Supplies 3,000
3,000
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Main tenance Supplies
0
Other Supp lies
240 Other Supplies 4,000
4,000
7,000
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supp lies
Total
Item s Estim ate
3. OTHER SERVICES AND CHARGES
Profess ional Services
300 Professional Contracts 0
310 Contract Services 500,000
315 Maintenance Contracts 0
500,000
Com m unication and Transportation
320 Dues and Subscriptions 0
330 Training & Conferences 0
0
Prin ting and Advertis ing
340 Printing & Advertising 650,000
650,000
Insurance
360 Insurance
0
Uti l i ty Services
0
Repairs and Main tenance 0
0
Rentals 0
0
Debt Service 0
0
Other Services and Charges
370 Other (CICS) 0
0
1,150,000Total Other Services and Charges
Total
Item s Estim ate
4. CAPITAL OUTLAYS
Land 0
0
Build ings 0
0
Im provem ents Other Than Bu ild ings 0
0
Machinery and Equ ipm ent 0
0
Other Capital Outlays 0
0
0
1,508,700
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day Of August 2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Operations Dept.
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages 14,381,986
14,381,986
Em ployee Benefits
120 Benefits
121 Retirement
125 Other Benefits 130,000
130,000
Other Personal Services
170 Payroll Taxes 1,100,222
1,100,222
15,612,208
2. SUPPLIES
Office Supplies
200 Parts 0
210 Office Supplies 15,000
15,000
Operating Supplies
220 Operating Supplies 14,500
230 Fuel
14,500
Repair and Main tenance Supplies
Other Supp lies
240 Other Supplies
29,500
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supp lies
Total
Item s Estim ate
3. OTHER SERVICES AND CHARGES
Profess ional Services
300 Professional Contracts
310 Contract Services 646,800315 Maintenance Contracts 2,000
648,800
Com m unication and Transportation
320 Dues and Subscriptions 0
330 Training & Conferences 0
0
Prin ting and Advertis ing
340 Printing & Advertising
Insurance
360 Insurance 0
0
Uti l i ty Services
Repairs and Main tenance
0
Rentals
0
Debt Service
0
Other Services and Charges
370 Other 281,938
281,938
930,738Total Other Services and Charges
Total
Item s Estim ate
4. CAPITAL OUTLAYS 0
Land
0
Build ings 0
0
Im provem ents Other Than Bu ild ings 0
0
Machinery and Equ ipm ent 0
0
Other Capital Outlays 0
0
0
16,572,446
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th day of August,2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Flexible Services Dept.
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages 203,000
203,000
Em ployee Benefits
120 Benefits
121 Retirement
125 Other Benefits 1,000
1,000Other Personal Services
170 Payroll Taxes 15,530
15,530
219,530
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies 4,000
4,000
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Main tenance Supplies
Other Supp lies
240 Other Supplies
4,000
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supp lies
3. OTHER SERVICES AND CHARGES
Profess ional Services
300 Professional Contracts
310 Contract Services 7,898,000315 Maintenance Contracts
7,898,000
Com m unication and Transportation
320 Dues and Subscriptions
330 Training & Conferences
Prin ting and Advertis ing
340 Printing & Advertising
Insurance
360 Insurance
Uti l i ty Services
Repairs and Main tenance
Rentals
Debt Service
Other Services and Charges
370 Other 475,000
475,000
8,373,000Total Other Services and Charges
Total
Item s Estim ate
4. CAPITAL OUTLAYS
Land
0
0
Build ings 0
0
Im provem ents Other Than Bu ild ings 0
0
Machinery and Equ ipm ent 0
0
Other Capital Outlays 0
0
8,596,530
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day of August, 2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Maintenance and Facility Management Dept.
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages 3,478,404
3,478,404
Em ployee Benefits
120 Benefits
121 Retirement
125 Other Benefits 58,000
58,000
Other Personal Services
170 Payroll Taxes 266,098
266,098
3,802,502
2. SUPPLIES
Office Supplies
200 Parts 3,425,000
210 Office Supplies 3,000
3,428,000
Operating Supplies
220 Operating Supplies 667,000
230 Fuel 5,462,000
6,129,000
Repair and Main tenance Supplies
Other Supp lies
240 Other Supplies 26,000
26,000
9,583,000
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
BUDGET ESTIMATE FOR
Total Personal Services
Total Supp lies
Total
Item s Estim ate
3. OTHER SERVICES AND CHARGES
Profess ional Services
300 Professional Contracts
310 Contract Services 1,011,000
315 Maintenance Contracts
1,011,000
Com m unication and Transportation
320 Dues and Subscriptions
330 Training & Conferences
Prin ting and Advertis ing
340 Printing & Advertising
Insurance
360 Insurance
Uti l i ty Services
350 Utilities 980,000
980,000
Repairs and Main tenance
Rentals
Debt Service
Other Services and Charges
370 Other
1,991,000Total Other Services and Charges
Total
Item s Estim ate
4. CAPITAL OUTLAYS
Land
Build ings
Im provem ents Other Than Bu ild ings
Machinery and Equ ipm ent
Other Capital Outlays
15,376,502
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day of August, 2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8001
ID YEAR CO TYPE KEY
Administrative Services Dept.
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Items Estimate Approved
1. PERSONAL SERVICES
Salaries and Wages
100 Wages 1,801,758
1,801,758
Employee Benefits
120 Benefits 6,544,307
121 Retirement 800,000
125 Other Benefits 892,000
8,236,307
Other Personal Services
170 Payroll Taxes 137,834
137,834
10,175,899
2. SUPPLIES
Office Supplies
200 Parts 30,000
210 Office Supplies
30,000
Operating Supplies
220 Operating Supplies
230 Fuel 0
Repair and Maintenance Supplies
0
Other Supplies
240 Other Supplies 154,000
154,000
184,000
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supplies
Total
Items Estimate
3. OTHER SERVICES AND CHARGES
Professional Services
300 Professional Contracts 1,014,000
310 Contract Services 1,828,000
315 Maintenance Contracts 1,250,000
2,842,000
Communication and Transportation
320 Dues and Subscriptions 6,000
330 Training & Conferences 93,255
99,255
Printing and Advertising
340 Printing & Advertising 79,000
79,000
Insurance
360 Insurance 1,885,000
1,885,000
Utilities
355 Telephone 100,000
100,000
Repairs and Maintenance
0
0
Rentals 0
0
Debt Service 0
0
Other Services and Charges
370 Other 502,997
502,997
5,508,252Total Other Services and Charges
Total
Items Estimate
4. CAPITAL OUTLAYS
Land
0
Buildings
0
Improvements Other Than Buildings
0
Machinery and Equipment
0
Other Capital Outlays
0
15,868,151
(I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Indianapolis Public Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27th Day of August, 2012
Signature and Title of Officer(s) or Department Head
Total Capital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Debt Services
Prescribed by State Board of AccountsApproved by State Board of Accounts
503 2013 49 6 8080ID YEAR CO TYPE KEY
TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion
FUND Debt Service 31,584,305,545
508 Indianapolis Public Transportation
Indianapolis Public Transportation
CITY-COUNTY COUNCIL Appropriating Body
Control Board Ana DLGF Fi nal Action
1. Total budget estimate for incoming year 1,859,776 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation
unexpended 1,674,653 3. Additional appropriation necessary to be made July 1 to to December 31 of present year
4. Outstanding temporary loans
a. To be paid not included in lines 2 or 3
b. Not repaid by December 31 of present year
5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 3,534,429
FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY:
6. Actual cash balance, June 30 of present year of present year (including cash investments) 678,356 7. Taxes to be collected, present year (December Settlement) 707,913 8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year
(Schedule on File):
a. Total Column A Budget Form 2 67,496 b. Total Column B Budget Form 2 134,992 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 1,588,75710. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5)hyh 1,945,67211. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue
(for same period) 12,80312. Amount to be raised by tax levy (add lines 10 and 11) 1,958,47513A. Property Tax Replacement Credit from Local Option Tax 013B Operating Loit 014. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12) 1,958,47515. Levy Excess Fund Applied to Current Budget 016. Net Amount to be Raised 1,958,47517. Net Tax Rate on Each One Hundred Dollars of Taxable Property 0.0062
(NOT TO BE PUBLISHED)
FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR
Budget Form 4-B (Rev. 2002)
(This form is to be prepared for each fund that requires either a tax rate or an appropriation.)
BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE
NET ASSESSED VALUATION
Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8080
ID YEAR CO TYPE KEY
CITY, TOWN, FIRE, PROT. DISTR. Marion COUNTY, IND.
ESTIMATE OF MISCELLANEOUS REVENUES - Debt Service
FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES
FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO BE RAISED, YEAR 2013
A X X
1-Jul-12 Department of 1-Jan-13 Department of
\ Local Government to Local Government
31-Dec-12 Finance 31-Dec-13 Finance
A B
OTHER TAXES:
0201 Financial Institutions Tax 2,917 5,8340202 License Excise Tax 52,228 104,4560203 CAGIT Certified Shares
0204 CAGIT Property Tax Replacement Credit
0212 County Option Income Tax (COIT)
0217 CVET Commercial Excise Tax 3,224 6,6480207 Wheeltax
0206 in lieu of taxes 9,127 18,254CB
LICENSES AND PERMITS:
3101 Dog Licenses
3102 Cable TV
3201 Building Permits
3202 Street and Curb Cut Permits
INTERGOVERNMENTAL REVENUE:
1121 Federal Matching Funds (PM)
1300 Federal Payments in Lieu of Taxes
1399 Motor Vehicle Highway Distributions
1417 Local Road and Street
1501 Liquor Excise Tax Distributions
1502 Alcoholic Beverage Gallonage Tax Distribution
1503 Cigarette Tax Distributions - General
1504 Cigarette Tax to CCIF
1505 Cigarette Tax - Fire Pension Fund
1506 Cigarette Tax - Police Pension Fund
1600 State Payment in Lieu of Taxes
CHARGES FOR SERVICES:
2206 Fire Protection Contracts
2705 Contractual Service
FINES AND FORFEITURES:
4101 Court Docket Fees
4104 Ordinance Violations
MISCELLANEOUS REVENUES
6100 Interest of Investments
6200 Rental Property
6500 Non-Identified (Miscellaneous)
OTHER FINANCING SOURCES:
5201 Transfer From Parking Meter Fund
5202 Transfer From CCIF
5206 Tranfer From ______________
2725 Transportation Receipts
9999 Total Columns A and B 67,496 134,992
Line 8A Line 8B
NOTE: Col. A is for the period from July 1 to December 31 of the present year.
Col. B is for the period from January 1 to December 31 of the incoming year.
Cols. X are reserved for the State Board of Tax Commissioners adjustments.
(CAGIT) means County Adjusted Gross Income Tax.
ESTIMATE AMOUNTS TO BE RECEIVED
(Rev. 08-09)
Indianapolis Public Transportation Corporation Marion
Fund Name: Debt ServicePlease use a separate debt service worksheet for each debt service fund.
Enter all debt payments anticipated by the unit in the time periods from 7-1-12 to 12-31-012 Payments from 01-01-13to 12-30-13 must be adopted on Budget Form 4B and supported by an amortization schedules. The DLGF will not increase the debtservice levy to accommodate 2014payments. Each listed debt must have an amortization schedule attached and include trustee fees, if applicable. The debt service levy will be based upon those payments as scheduled and indicated on the amortizationschedule unless other documentation is provided. Attach the completed worksheet and documentation totals the annual budgetupon filing with the county auditor.
Name of Issue Due Amount Due Amount Due Amount6/31/2013 $66,863
Incurred after 12/31/83? ( Y ) N 12/31/2012 $72,603 12/31/2013 $66,863Indianapolis Public Transporation Corporation Series 2000C 12/31/2012 $280,000 12/31/2013 275,000
Incurred after 12/31/83? ( Y) N 6/30/2013 $65,525Indianapolis Public Transporation Corporation Series 2009 F-1 12/31/2012 $87,050 12/31/2013 $65,525
12/31/2012 1,230,000 12/31/2013 $1,315,000
Incurred after 12/31/83? Y N
Incurred after 12/31/83? Y N
Trustee Fee 12/31/2012 $5,000 12/31/2013 $5,000
Incurred after 12/31/83? Y N $0 $0$0 $0
Incurred after 12/31/83? Y N
Totals Line 2 1,674,653 Line 1 $1,859,776 Line 11
2012 Additional appropriations
For Lease payments shown above, do the holdings corporations have sufficient balances to retire the debt? Y N
ControllerMichael Terry (title)
Department of Local Government Finance 2012 payable 2013 Debt Service Worksheet - Civil
(7-1-11to 12-31-12)Line 1
(1-1-13 to 12-31-13)Line 11
(1-1-14 to 6-30-14)
(County)(Unit Name)
Line 2
Date Principal Coupon Interest Total FISCAL TOTAL
12/18/2002 - - - -1/10/2003 - - S 12,946.31 $12,946.31 $12,946.317/10/2003 - 105,924.38 105,924.38 -1/10/2004 - - 105,924.38 105,924.38 211,848.767/10/2004 - - 105,924.38 105,924.38 -1/10/2005 $230,000.00 2.250% 105,924.38 335,924.38 441,848.767/10/2005 - - 103,336.88 103,336.88 -I/10/2006 230,000.00 2.600% 103,336.88 333,336.88 436,673.767/10/2006 - - 100,346.88 100,346.88 -1/10/2007 225,000.00 3.000% 100,346.88 325,346.88 425,693.767/10/2007 - - 96,971.88 96,971.88 -1/10/2008 215,000.00 3.250% 96,971.88 311,971.88 408,943.767/10/2008 - - 93,478.13 93,478.13 -1/10/2009 225,000.00 3.500% 93,478.13 318,478.13 411,956.267/10/2009 - - 89,540.63 89,540.63 -1/10/2010 275,000.00 3.700% 89,540.63 364,540.63 454,081.267/10/2010 - - 84,453.13 84,453.13 -1/10/2011 300,000.00 3.900% 84,453.13 384,453.13 468,906.267/10/2011 - - 78,603.13 78,603.13 -1/10/2012 300,000.00 4.000% 78,603.13 378,603.13 457,206.267/10/2012 - - 72,603.13 72,603.13 -1/10/2013 280,000.00 4.100% 72,603.13 352,603.13 425,206.267/10/2013 - - 66,863.13 66,863.13 -1/10/2014 275,000.00 4.350% 66,863.13 341,863.13 408,726.267/10/2014 - - 60,881.88 60,881.88 -1/10/2015 265,000.00 4.450% 60,881.88 325,881.88 386,763.767/10/2015 - - 54,985.63 54,985.63 -1/10/2016 305,000.00 4.550% 54,985.63 359,985.63 414,971.267/10/2016 - - 48,046.88 48,046.88 -1/10/2017 1,875,000.00 5.125% 48,046.88 1,923,046.88 1,971,093.76
Total $5,000,000.00 $2,336,866.45 $7,336,866.45
YIELD STATISTICS
Bond Year Dollars $51,025.56
Average Life 10.205 YearsAverage Coupon 4.5797962%
Net Interest Cost (N IC) 4.5511059%
True Interest Cost (TIC) 4.4983099%
Bond Yield for Arbitrage Purposes 4.3666190%
All inclusive Cost (AIC) 4.8434825%
INDIANAPOLIS PUBLIC TRANSPORTION CORPORATIONGENERAL OBLIGATION BONDS OF 2002
$5.000,000DEBT SERVICE SCHEDULE
22-Jun-99 12:32 pm Prepared by Loop Capital Markets. LLC Page 8
Date Principal Coupon Interest Total P+I8/4/2009 - - - -
1/10/2010 1,020,000.00 3.000% 115,949.17 1,135,949.17
7/10/2010 - - 118,487.50 118,487.50
1/10/2011 1,060,000.00 3.000% 118,487.50 1,178,487.50
7/10/2011 - - 102,587.50 102,587.50
1/10/2012 1,130,000.00 2.750% 102,587.50 1,232,587.50
7/10/2012 - 87,050.00 87,050.00
1/10/2013 1,230,000.00 3.500% 87,050.00 1,317,050.00
7/10/2013 - 65,525.00 65,525.00
1/10/2014 1,315,000.00 3.000% 65,525.00 1,380,525.00
7/10/2014 - 45,800.00 45,800.00
1/10/2015 1,415,000.00 4.000% 45,800.00 1,460,800.007/10/2015 - - 17,500.00 17,500.00
1/10/2016 875,000.00 4.000% 17,500.00 892,500.00
Total $8,045,000.00 - $989,849.17 $9,034,849.17
Yield Statistics
Bond Year Dollars $28,081.17Average Life 3.491 Years
Average Coupon 3.5249574%
Net Interest Cost (NIC) 2.6911720%True Interest Cost (TIC) 2.6279955%
Bond Yield for Arbitrage Purposes 3.5021842%
All Inclusive Cost (AIC) 2.9279711%
IRS Form 8038Net Interest Cost 2.3602474%
Weighted Average Maturity 3.518 Years
$8,045,000The Indianapolis Local Public Improvement Bond BankRefunding Bonds, Series 2009FDebt Service Schedule
2009E - 07.16.09 - QE Loa I Refunding Bonds, Series 2 I 7/16/2009 I 12:43 PM
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 "2013 49 6 8080 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: Debt Service DEPARTMENT: Administrative Service FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 1,859,776400000 CAPITAL OUTLAY
9999 TOTAL 1,859,776
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND Debt Service TOTAL 1,859,776
(ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD CITY-COUNTY COUNCIL
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 1985)
Approved by State Board of Accounts
503 2013 49 6 8080
ID YEAR CO TYPE KEY
Debt Service
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Item s Estim ate Approved
1. PERSONAL SERVICES
Salar ies and Wages
100 W ages
Em ployee Benefits
120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Main tenance Supplies
Other Supp lies
240 Other Supplies
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supp lies
Total TotalItems Estimate Estimate
3. OTHER SERVICES AND CHARGES
Profess ional Services
300 Professional Contracts
310 Contract Services
315 Maintenance Contracts
Com m unication and Transportation
320 Dues and Subscriptions
330 Training & Conferences
Prin ting and Advertis ing
340 Printing & Advertising
Insurance
360 Insurance
Uti l i ty Services
Repairs and Main tenance
Rentals
Debt Service
1999 Bonds 1,315,0001999 Bond Interest 131,0502002 Bonds 275,0002002 Bond Interest 133,7262500 Trustee Fees 5,000
Other Services and Charges 1,859,776
Total 1,859,776Other Services and Charges
Total TotalItems Estimate Estimate
4. CAPITAL OUTLAYS
Land
Build ings
Im provem ents Other Than Bu ild ings
Machinery and Equ ipm ent
Other Capital Outlays
1,859,776
(I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Ind ianapo lis Pub lic Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated 27th Day o f August 2012
Signature and Title of Officer(s) or Department Head
Total Cap ital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Cumulative Fund
Prescribed by State Board of AccountsApproved by State Board of Accounts
503 2013 49 6 8090
ID YEAR CO TYPE KEY
TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion
FUND Cumulative Transit Transportation 31,584,305,545
Board of Indianapolis Public
Transportation Corp.
Board of Indianapolis Public
Transportation Corp.City-County Council Appropriating Body
Control Board and DLGF Final Action
1. Total budget estimate for incoming year 11,963,702 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation 3,226,722 unexpended
3. Additional appropriation necessary to be made July 1 to to December 31 of present year
4. Outstanding temporary loans
a. To be paid not included in lines 2 or 3
b. Not repaid by December 31 of present year
5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 15,190,424
FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY:
6. Actual cash balance, June 30 of present year of present year (including cash investments) 18,832,191 7. Taxes to be collected, present year (December Settlement) 1,332,544 8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year
(Schedule on File):
a. Total Column A Budget Form 2 152,051 b. Total Column B Budget Form 2 251,997 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 20,568,78310. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) -5,378,35911. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue 8,536,790 (for same period)
12. Amount to be raised by tax levy (add lines 10 and 11) 3,158,43113A. Property Tax Replacement Credit from Local Option Tax
13B Operating Loit
14. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13 from line 12) 3,158,43115. Levy Excess Fund Applied to Current Budget
16. Net Amount to be Raised 3,158,43117. Net Tax Rate on Each One Hundred Dollars of Taxable Property 0.0100
(NOT TO BE PUBLISHED)
FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR
Budget Form 4-B (Rev. 2002)
(This form is to be prepared for each fund that requires either a tax rate or an appropriation.)
BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE
NET ASSESSED VALUATION
Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8090
ID YEAR CO TYPE KEY
CITY, TOWN, FIRE, PROT. DISTR. Indianapolis Public Transportation Corporation, Marion COUNTY, IND.
ESTIMATE OF MISCELLANEOUS REVENUES - GENERAL FUND
FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES
FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO BE RAISED, YEAR 20112,013
A X B X1-Jul-12 Department of 1-Jan-13 Department of
to Local Government to Local Government
31-Dec-12 Finance 31-Dec-13 Finance
OTHER TAXES:
0201 Intangibles Tax 5,490 13,817
0202 License Excise Tax 98,311 140,585
0203 CAGIT Certified Shares
0204 CAGIT Property Tax Replacement Credit
0212 County Option Income Tax (COIT)
0217 CVET Commercial Excise Tax 6,069 13,233Circuit Breaker
0206 in lieu of taxes 17,181 34,362
LICENSES AND PERMITS:
3101 Dog Licenses
3102 Cable TV
3201 Building Permits
3202 Street and Curb Cut Permits
INTERGOVERNMENTAL REVENUE:
1121 Federal Matching Funds (PM)
1300 Federal Payments in Lieu of Taxes
1399 Motor Vehicle Highway Distributions PMTF
1417 Local Road and Street
1501 Liquor Excise Tax Distributions
1502 Alcoholic Beverage Gallonage Tax Distribution
1503 Cigarette Tax Distributions - General
1504 Cigarette Tax to CCIF
1505 Cigarette Tax - Fire Pension Fund
1506 Cigarette Tax - Police Pension Fund
1600 State Payment in Lieu of Taxes
CHARGES FOR SERVICES:
2206 Fire Protection Contracts
2501 Dog Pound Receipts
2705 City Contract
2725 Transportation Receipts (Fares)Speedway
2726 Route Guarantees
FINES AND FORFEITURES:
4101 Court Docket Fees
4104 Ordinance Violations
MISCELLANEOUS REVENUES
6100 Interest of Investments 25,000 51,000
6200 Rental Property
6400 Advertising
6500 Non-Identified (Miscellaneous)
" " "
OTHER FINANCING SOURCES:
5201 Transfer From Parking Meter Fund
5202 Transfer From CCIF
5206 Tranfer From ______________ City
2725 Transportation Receipts
9999 Total Columns A and B 152,051 251,997
NOTE: Col. A is for the period from July 1 to December 31 of the present year.
Col. B is for the period from January 1 to December 31 of the incoming year.
Cols. X are reserved for the State Board of Tax Commissioners adjustments.
(CAGIT) means County Adjusted Gross Income Tax.
ESTIMATE AMOUNTS TO BE RECEIVED
Boyce Forms Systems 1-800-382-8702
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2013 49 6 8090 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: Cumulative Transit Transportation DEPARTMENT: Administrative FUNCTION:
100000 PERSONAL SERVICES
200000 SUPPLIES
300000 OTHER SERVICES & CHARGES
400000 CAPITAL OUTLAY 11,963,702
9999 TOTAL 11,963,702
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES
200000 SUPPLIES
300000 OTHER SERVICES & CHARGES
400000 CAPITAL OUTLAY
9999 TOTAL
FUND: DEPARTMENT: FUNCTION:
Development
100000 PERSONAL SERVICES
200000 SUPPLIES
300000 OTHER SERVICES & CHARGES
400000 CAPITAL OUTLAY
9999 TOTAL
FUND Cumulative TOTAL 11,963,702
(ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD City-County Council
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)
Approved by State Board of Accounts
503 2013 49 6 8090
ID YEAR CO TYPE KEY
Administrative
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2013
Total
Items Estimate Approved
1. PERSONAL SERVICES
Salaries and Wages
100 Wages
0
Employee Benefits
120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes
0
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Maintenance Supplies
Other Supplies
240 Other Supplies
0
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supplies
Total Total
Items Estimate Estimate
3. OTHER SERVICES AND CHARGES
Professional Services
300 Professional Contracts
310 Contract Services
315 Maintenance Contracts
Communication and Transportation
320 Dues and Subscriptions
330 Training & Conferences
Printing and Advertising
340 Printing & Advertising
347 Promotion
Insurance
360 Insurance
Utility Services
Repairs and Maintenance
Rentals
Debt Service
Other Services and Charges
0Total Other Services and Charges
Total Total
Items Estimate Estimate
4. CAPITAL OUTLAYS
Land
Buildings
Improvements Other Than Buildings
Machinery and Equipment
419 Capital 11,963,702
Other Capital Outlays 11,963,702
11,963,702
11,963,702
(I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Indianapolis Public Transportation Corporation
for the calendar year 2013 for the purposes therein specified.
Dated this 27st of August 2012
Signature and Title of Officer(s) or Department Head
Total Capital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Capital Grants
Prescribed by State Board of AccountsApproved by State Board of Accounts
503 2013 49 6 9002ID YEAR CO TYPE KEY
TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion
FUND Capital Grants Projects 31,584,305,545
Amount Used to Compute Publisted Budget
Board of Indianapolis Public Transportation Corp.
City-County Council Appropriating Body
CONTROL BOARD AND DLGF FINAL ACTION
1. Total budget estimate for incoming year 20,397,387 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation 27,457,522 unexpended
3. Additional appropriation necessary to be made July 1 to to December 31 of present year
4. Outstanding temporary loans
a. To be paid not included in lines 2 or 3
b. Not repaid by December 31 of present year
5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 47,854,909
FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY:
6. Actual cash balance, June 30 of present year of present year (including cash investments)
7. Taxes to be collected, present year (December Settlement)
8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year
(Schedule on File):
a. Total Column A Budget Form 2 27,457,522 b. Total Column B Budget Form 2 20,397,387 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 47,854,90910. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) 011. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue
(for same period)
12. Amount to be raised by tax levy (add lines 10 and 11)
13A. Property Tax Replacement Credit from Local Option Tax
13B Operating Loit
14. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12)
15. Levy Excess Fund Applied to Current Budget
16. Net Amount to be Raised
17. Net Tax Rate on Each One Hundred Dollars of Taxable Property
(NOT TO BE PUBLISHED)
FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR
Budget Form 4-B (Rev. 2002)
(This form is to be prepared for each fund that requires either a tax rate or an appropriation.)
BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE
NET ASSESSED VALUATION
Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)
Approved by State Board of Accounts
503 2012 49 6 9002
ID YEAR CO TYPE KEY
CITY, TOWN, FIRE, PROT. DISTR. Indianapolis Public Transportation Corporation, Marion COUNTY, IND.
ESTIMATE OF MISCELLANEOUS REVENUES - CAPITAL GRANT PROJECTS FUND
FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES
FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO BE RAISED, YEAR 2012
A X B X
1-Jul-12 Department of 1-Jan-13 Department of
to Local Government to Local Government
31-Dec-12 Finance 31-Dec-13 Finance
OTHER TAXES:
0201 Financial Institutions Tax
0202 License Excise Tax
0203 CAGIT Certified Shares
0204 CAGIT Property Tax Replacement Credit
0212 County Option Income Tax (COIT)
0217 CVET Commercial Excise Tax
0207 Wheeltax
0206 Surtax
LICENSES AND PERMITS:
3101 Dog Licenses
3102 Cable TV
3201 Building Permits
3202 Street and Curb Cut Permits
INTERGOVERNMENTAL REVENUE:
1121 Federal Matching Funds 27,457,522 20,397,3871300 Federal Payments in Lieu of Taxes
1399 Motor Vehicle Highway Distributions
1417 Local Road and Street
1501 Liquor Excise Tax Distributions
1502 Alcoholic Beverage Gallonage Tax Distribution
1503 Cigarette Tax Distributions - General
1504 Cigarette Tax to CCIF
1505 Cigarette Tax - Fire Pension Fund
1506 Cigarette Tax - Police Pension Fund
1600 State Payment in Lieu of Taxes
CHARGES FOR SERVICES:
2206 Fire Protection Contracts
2501 Dog Pound Receipts
FINES AND FORFEITURES:
4101 Court Docket Fees
4104 Ordinance Violations
MISCELLANEOUS REVENUES
6100 Interest of Investments
6200 Rental Property
6500 Non-Identified (Miscellaneous)
OTHER FINANCING SOURCES:
5201 Transfer From Parking Meter Fund
5202 Transfer From CCIF
5206 Tranfer From ______________
2725 Transportation Receipts
9999 Total Columns A and B 27,457,522 20,397,387Line 8A Line 8B
NOTE: Col. A is for the period from July 1 to December 31 of the present year.
Col. B is for the period from January 1 to December 31 of the incoming year.
Cols. X are reserved for the State Board of Tax Commissioners adjustments.
(CAGIT) means County Adjusted Gross Income Tax.
ESTIMATE AMOUNTS TO BE RECEIVED
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2013 49 6 9002 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: Capital Grants Projects DEPARTMENT: Administrative Service FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY 20,397,387$
9999 TOTAL 20,397,387$
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND Capital Grants TOTAL 20,397,387$ (ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD CITY-COUNTY COUNCIL
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 1985)
Approved by State Board of Accounts
503 2012 49 6 9002
ID YEAR CO TYPE KEY
Capital Grants Projects
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2012
Total
Items Estimate Approved
1. PERSONAL SERVICES
Salaries and Wages
100 Wages
Employee Benefits
120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Maintenance Supplies
Other Supplies
240 Other Supplies
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supplies
TotalItems Estimate
3. OTHER SERVICES AND CHARGES
Professional Services
300 Professional Contracts
310 Contract Services
315 Maintenance Contracts
Communication and Transportation
320 Dues and Subscriptions
330 Travel & Training
Printing and Advertising
340 Printing & Advertising
Insurance
360 Insurance
Utility Services
Repairs and Maintenance
Rentals
Debt Service
Other Services and Charges
Total Other Services and Charges
TotalItems Estimate
4. CAPITAL OUTLAYS
Land
Buildings
Improvements Other Than Buildings
Machinery and Equipment
414 Capital 20,397,387
20,397,387Other Capital Outlays
20,397,387
20,397,387
(I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Indianapolis Public Transportation Corporation
for the calendar year 2012 for the purposes therein specified.
Date 4th day of August 2011
Signature and Title of Officer(s) or Department Head
Total Capital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
Prescribed by State Board of AccountsApproved by State Board of Accounts
503 2013 49 6 9003ID YEAR CO TYPE KEY
TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion
FUND Federal Pass Through 31,584,305,545
Amount Used to Compute Publisted Budget
Board of Indianapolis Public Transportation Corp.
City-County Council Appropriating Body
CONTROL BOARD AND DLGF FINAL ACTION
1. Total budget estimate for incoming year 6,500,000 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation
unexpended
3. Additional appropriation necessary to be made July 1 to to December 31 of present year
4. Outstanding temporary loans
a. To be paid not included in lines 2 or 3
b. Not repaid by December 31 of present year
5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 6,500,000
FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY:
6. Actual cash balance, June 30 of present year of present year (including cash investments)
7. Taxes to be collected, present year (December Settlement)
8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year
(Schedule on File):
a. Total Column A Budget Form 2
b. Total Column B Budget Form 2 6,500,000 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 6,500,00010. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) 011. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue
(for same period)
12. Amount to be raised by tax levy (add lines 10 and 11)
13A. Property Tax Replacement Credit from Local Option Tax
13B Operating Loit
14. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12)
15. Levy Excess Fund Applied to Current Budget
16. Net Amount to be Raised
17. Net Tax Rate on Each One Hundred Dollars of Taxable Property
(NOT TO BE PUBLISHED)
FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR
Budget Form 4-B (Rev. 2002)
(This form is to be prepared for each fund that requires either a tax rate or an appropriation.)
BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE
NET ASSESSED VALUATION
Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)
Approved by State Board of Accounts
503 2012 49 6 9003
ID YEAR CO TYPE KEY
CITY, TOWN, FIRE, PROT. DISTR. Indianapolis Public Transportation Corporation, Marion COUNTY, IND.
ESTIMATE OF MISCELLANEOUS REVENUES - CAPITAL GRANT PROJECTS FUND
FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES
FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO BE RAISED, YEAR 2012
A X B X
1-Jul-12 Department of 1-Jan-13 Department of
to Local Government to Local Government
31-Dec-12 Finance 31-Dec-13 Finance
OTHER TAXES:
0201 Financial Institutions Tax
0202 License Excise Tax
0203 CAGIT Certified Shares
0204 CAGIT Property Tax Replacement Credit
0212 County Option Income Tax (COIT)
0217 CVET Commercial Excise Tax
0207 Wheeltax
0206 Surtax
LICENSES AND PERMITS:
3101 Dog Licenses
3102 Cable TV
3201 Building Permits
3202 Street and Curb Cut Permits
INTERGOVERNMENTAL REVENUE:
1121 Federal Funds 6,500,0001300 Federal Payments in Lieu of Taxes
1399 Motor Vehicle Highway Distributions
1417 Local Road and Street
1501 Liquor Excise Tax Distributions
1502 Alcoholic Beverage Gallonage Tax Distribution
1503 Cigarette Tax Distributions - General
1504 Cigarette Tax to CCIF
1505 Cigarette Tax - Fire Pension Fund
1506 Cigarette Tax - Police Pension Fund
1600 State Payment in Lieu of Taxes
CHARGES FOR SERVICES:
2206 Fire Protection Contracts
2501 Dog Pound Receipts
FINES AND FORFEITURES:
4101 Court Docket Fees
4104 Ordinance Violations
MISCELLANEOUS REVENUES
6100 Interest of Investments
6200 Rental Property
6500 Non-Identified (Miscellaneous)
OTHER FINANCING SOURCES:
5201 Transfer From Parking Meter Fund
5202 Transfer From CCIF
5206 Tranfer From ______________
2725 Transportation Receipts
9999 Total Columns A and B 6,500,000Line 8A Line 8B
NOTE: Col. A is for the period from July 1 to December 31 of the present year.
Col. B is for the period from January 1 to December 31 of the incoming year.
Cols. X are reserved for the State Board of Tax Commissioners adjustments.
(CAGIT) means County Adjusted Gross Income Tax.
ESTIMATE AMOUNTS TO BE RECEIVED
PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE
APPROVED BY STATE BOARD OF ACCOUNTS
503 2013 49 6 9003 MARION
ID YEAR CO TYPE KEY COUNTY
ORIGINAL
PUBLISHED
BUDGET
APPROPRIATION
FUND: Federal Pass Through DEPARTMENT: Administrative Service FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES $6,500,000 400000 CAPITAL OUTLAY
9999 TOTAL 6,500,000$
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND: DEPARTMENT: FUNCTION:
100000 PERSONAL SERVICES200000 SUPPLIES300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY
9999 TOTAL
FUND Federal Pass Through TOTAL 6,500,000$ (ONLY IF DEPARTMENTALIZED)
BUDGET REPORT FOR
TAXING UNIT
BUDGET FORM 4-A 9REVISED 2002)
Indianapolis Public Transportation Corporation
AMOUNT APPROVED BYLOCAL COUNCIL OR
BOARD CITY-COUNTY COUNCIL
FINAL BUDGET AFTER
REDUCTION OFFERED BY
THE DEPT. OF LOCAL
GOVT. FINANCE
Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 1985)
Approved by State Board of Accounts
503 2012 49 6 9003
ID YEAR CO TYPE KEY
Capital Grants Projects
Indianapolis Public Transportation Corporation Marion
(If County Budget, Enter County Name)
For Calendar Year 2012
Total
Items Estimate Approved
1. PERSONAL SERVICES
Salaries and Wages
100 Wages
Employee Benefits
120 Benefits
121 Retirement
125 Other Benefits
Other Personal Services
170 Payroll Taxes
2. SUPPLIES
Office Supplies
200 Parts
210 Office Supplies
Operating Supplies
220 Operating Supplies
230 Fuel
Repair and Maintenance Supplies
Other Supplies
240 Other Supplies
(Office, Board, Commission, Department, Institution or Fund)
(If City ,Town or Fire Protection District Budget, Enter Name)
Total Personal Services
BUDGET ESTIMATE FOR
Total Supplies
TotalItems Estimate
3. OTHER SERVICES AND CHARGES
Professional Services
300 Professional Contracts
310 Contract Services 6,500,000315 Maintenance Contracts
Communication and Transportation
320 Dues and Subscriptions
330 Travel & Training
Printing and Advertising
340 Printing & Advertising
Insurance
360 Insurance
Utility Services
Repairs and Maintenance
Rentals
Debt Service
Other Services and Charges
6,500,000
6,500,000
Total Other Services and Charges
TotalItems Estimate
4. CAPITAL OUTLAYS
Land
Buildings
Improvements Other Than Buildings
Machinery and Equipment
414 Capital
Other Capital Outlays
6,500,000
(I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the
Indianapolis Public Transportation Corporation
for the calendar year 2012 for the purposes therein specified.
Date 4th day of August 2011
Signature and Title of Officer(s) or Department Head
Total Capital Outlays
TOTAL BUDGET ESTIMATE
(Name of Office, Board, Commission, Department, Institution or Fund)
PRESCRIBED BY DEPARTMENT OF LOCAL GOVERNMENT FINANCEAPPROVED BY STATE BOARD OF ACCOUNTS
presented. Following the aforementioned meeting, the fiscal body will meet at 1501 West Washington Street on August 27th, 2012 at 5:00 p.m. to adopt the following budget.
BUDGET ESTIMATENet Assessed Valuation: 31,584,305,545
Complete details of budget estimates by fund and/or department may be seen at the Indianapolis Public Transportation Corporation Offices.
1 2 3 4 5 1 2 3 4 5Maximum Estimated Maximum EstimatedFunds To Be Raised Excessive Levy Funds To Be Raised Excessive Levy
Fund Name Budget Estimate (Including appeals and Appeals (Included Current Tax Levy Fund Name Budget Estimate (Including appeals and Appeals (Included Current Tax Levylevies exempt from in Column 3) levies exempt from in Column 3)
maximum levy maximum levylimitations) limitations)
General 65,170,644 28,206,077 9,800,000 21,021,755 GeneralDebt 1,859,776 1,958,475 1,634,313 DebtCapital Grants 20,397,387 0 0 Capital GrantsCumulative Transit 14,963,707 3,158,431 3,076,354 Cumulative Transit Transportation Transportation
TOTAL 102,391,514 33,322,983 9,800,000 25,732,422 TOTAL
The 2012estimated maximum levy limitation for this unit is 24,112,034
The Property Tax Replacement Credit used to reduce the rate for this unit is 0
Taxpayers appearing at the hearing shall have an opportunity to be heard.
Date: August 2nd, 2012
BUDGET FORM NO. 3 (REVISED 2002)
Michael Terry Controller, Indianapolis Public Transportation Corp.
Notice is hereby given the taxpayers of Marion County, City of Indianapolis, Indiana, that the Board of The Indianapolis Public Transportation Corporation,at 1501 West Washington Street on August 16th, 2011, at 5:00 p.m. will conduct a public hearing on the budget.
The objecting petition must identify the provisions of the budget, tax rate, or tax levy that taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a finding concerning the objections filed and testimonyFollowing this meeting, any ten or more taxpayers may object to a budget, tax rate, or tax levy by filing an objection petition with the proper officers of the political subdivision within seven days after the hearing.
PRESCRIBED BY DEPARTMENT OF LOCAL GOVERNEMNT FINANCE Budget Form 4 (Rev. 2002)FORM APPROVED BY STATE BOARD OF ACCOUNTS
Be it ordained by the County, City, Town or Indianapolis Public Transportation Corp. of Marion County, Indiana: That for the expenses of the County, City, or Town governement andits institutions for the year ending December 31, 2013, the sums of money shown on Budget Form 4-A are hereby appropriated and ordered set apart out of the funds hereinnamed and for the purposes herein specified subject to the laws governing the same. Such sums herein appropriated shall be held to include all expenditures authorized to be madeduring the year, unless otherwise expressly stipulated and provided for by law. In addition for the purpose of raising revenue to meet the necessary expense of county, city and towngovernment, tax rates are shown on Budget Form 4-B and included herein. Two (2) copies of Budget Forms 4-a and 4-B for all funds and departments are made a part of the budgetreport and submitted herewith.
This ordinance shall be in full force and effect from and after its passage and
approval by the Board of Director.
Yea Nay
Board Member Board Member
Board Member Board Member
Board Member Board Member
Board Member Board Member
Board Member Board Member
Board Member Board Member
Board Member Board Member
Attest:
INDIANAPOLIS PUBLIC TRANSPORTATION CORP.
Michael Terry, Controller
Recommended