Appendix H
3-Year Financial Plan
NAPERVILLE PARK DISTRICT AUDIT FUND FORECAST 2019 ACTUAL 2020 ACTUAL 2021 ACTUAL
2022 BUDGET 2023 FORECAST 2024 FORECAST
Beginning Fund Balance
$11,414 22,325
$13,368
$23,150
$18,350
$12,555
$11,595 22,500
Taxes
30,641
16,060
15,000
21,000
Investment Income Total Revenues Contractual Services Total Expenditures Surplus (Deficit) Ending Fund Balance Fund Balance Target
129
141
(10)
22,454 20,500 20,500
30,782 21,000 21,000
16,050 20,850 20,850 (4,800) $18,350 $10,425
15,000 20,795 20,795 (5,795) $12,555
21,000 21,960 21,960
22,500 22,620 22,620
1,954
9,782
(960)
(120)
$13,368
$23,150
$11,595
$11,475
$9,750
$10,500
$10,398
$10,980
$11,310
Audit This fund is established to account for revenues from a specific property tax levy and expenditures for the District’s annual financial audit. The fund balance target is 6 months of average operating expenses.
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Naperville Park District | 2023 MASTER PLAN
3-YEAR FINANCIAL PLAN 2022-2024 15
NAPERVILLEPARKS.ORG
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