Appendix H
3-Year Financial Plan
NAPERVILLE PARK DISTRICT WDSRA FUND FORECAST 2019 ACTUAL 2020 ACTUAL 2021 ACTUAL
2022 BUDGET 2023 FORECAST 2024 FORECAST
Beginning Fund Balance
$ 30,000
$ 30,000
$ 30,000 2,221,415 2,221,415 1,602,013 619,402 2,221,415
$ 30,000
$ 34,422
$ 30,000
Taxes
2,975,734 2,975,734 1,536,976 1,438,758 2,975,734
2,436,356 2,436,356
2,451,293 2,451,293 1,685,846 765,447 2,446,871
2,149,947 2,149,947 1,716,457 433,490 2,154,369
2,209,432 2,209,432
Total Revenues Contractual Services
1,596,625
1,784,293
Capital
839,731
425,139
Total Expenditures Surplus (Deficit) Ending Fund Balance Fund Balance Target
2,436,356
2,209,432
0
0
0
0
0
0
$30,000
$30,000
$30,000
$34,422
$30,000
$30,000
$0
$0
$0
$0
$0
$0
Special Recreation The District is a member of Western DuPage Special Recreation Association (WDSRA). WDSRA provides inclusion services for those in the community with special needs. The District also has ADA-related capital improvements that are paid for through this fund. To provide funding for services and ADA capital improvements to the special needs community, by state statute, a special recreation tax can be levied up to a maximum amount of 4-cents (per $100 of Equalized Assessed Valuation). The District levies 2-cents for membership and inclusion services provided by WDSRA. The remaining 2-cents can be levied for ADA related capital improvements. As part of the 3-Year Capital Plan, ADA-qualified capital improvements are determined as well as the funding amount to be levied. Based on the ADA improvements planned for in 2022, the rate is estimated at 3.0-cents. For 2023 and 2024, the special recreation levy request is estimated to be reduced to approximately 2.5-cents.
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Naperville Park District | 2023 MASTER PLAN
3-YEAR FINANCIAL PLAN 2022-2024 17
NAPERVILLEPARKS.ORG
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