2023 Master Plan

Appendix H

3-Year Financial Plan

NAPERVILLE PARK DISTRICT GOLF FUND FORECAST 2019 ACTUAL 2020 ACTUAL 2021 ACTUAL 2022 BUDGET 2023 FORECAST 2024 FORECAST

Beg. Fund Balance Investment Income Charges for Services

$842,081

$842,081

$842,081

$842,081

$842,081

$842,081

34,040

7,379

4,584

1,900

1,900

1,900

2,538,569

3,055,504

3,614,266 1,046,421

2,489,797 771,620 74,800 18,000 133,598 3,489,715 1,806,515 415,818 682,830

2,921,887

2,972,294

Sales

789,289 88,530

814,431 54,718 8,635 137,141

841,561 93,500 18,000 149,681

841,603 93,500 18,000 150,949

Rental Income

124,578 26,950 178,227

Alternative Revenue Miscellaneous Total Revenue Wages & Benefits

8,285

135,586

3,594,299

4,077,808 1,479,850 358,792

4,995,026 1,556,608 443,395

4,026,529 1,917,450 450,663

4,078,246 2,013,031 470,428

1,459,405

Supplies

381,967 810,830

Contractual Services

738,720 99,420

941,529 121,827

772,337 109,162

852,931

Utilities

88,191

105,030

113,471

Capital Projects Miscellaneous

926 272

1,600

1,600

1,600

Debt Service

749,700 3,491,291

Total Expenditures Surplus/(Deficit) Transfer to Capital Final Suplus/(Deficit) Ending Fund Balance Fund Balance Target

2,676,783

3,063,359

3,011,793

3,251,212

3,451,461

103,008

1,401,025

1,931,667

477,922

775,317

626,785

(103,008)

(1,401,025)

(1,931,667)

(477,922)

(775,317)

(626,785)

0

0

0

0

0

0

$842,081

$842,081

$842,081

$842,081

$842,081 $812,803

$842,081

$872,823

$669,196

$765,840

$752,948

$862,865

238 Naperville Park District | 2023 MASTER PLAN

3-YEAR FINANCIAL PLAN 2022-2024 10

NAPERVILLEPARKS.ORG

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