OVERVIEW & ANALYSIS The District’s operating budget includes the following funds and categories.
GENERAL OPERATING RECREATION GOLF
FICA
IMRF
AUDIT LIABILITY SPECIAL RECREATION BUDGET 2024
OPERATING BUDGET
REVENUE Property Taxes
$7,111,705 $4,000,000
$0 $1,280,000 $810,000 $23,000 $850,000 $2,490,000 $16,564,705
Replacement Taxes Investment Income Charges for Services
444,100 166,300
106,600
550,700 441,800
190,900 40,800 10,157,765 3,641,305 489,885 1,090,476 632,160 112,300 187,850 19,700 1,087,072 188,771
17,600
11,100
300
14,800
13,799,070 1,580,361 753,460 215,550 1,467,790
Sales
Rental Income
9,000 8,000 190,411
Alternative Revenue
Miscellaneous Total Revenue
1,536
7,929,516 16,852,232 5,093,352 1,297,600 821,100 23,300 866,336
2,490,000 35,373,436
EXPENSES Wages & Benefits
4,501,379
12,111,866 2,208,820 1,218,000 724,000
427,816
21,191,881 2,521,174 8,128,163 1,184,629 655,910 30,000 33,711,757
Supplies
650,625 1,320,043 541,506
9,000
Contractual Services
1,087,235
3,764,196 970,126 971,468 108,887
21,960 396,900
1,887,746
Utilities
104,274
Capital Projects Miscellaneous
9,950
42,106
1,600
602,254
30,000
Total Expenditures
6,383,463 18,209,679 3,830,939 1,218,000 724,000 $1,546,053 ($1,357,447) $1,262,413 $79,600 $97,100
21,960 833,716 $1,340 $32,620
2,490,000
Surplus/(Deficit) Before Transfers
$0 $1,661,679
Transfer to Recreation Transfer to Capital Transfer from General
(1,357,447) (188,606)
(1,357,447) (1,451,019) 1,357,447 (1,451,019)
(1,262,413)
1,357,447
Total Transfers Surplus/(Deficit)
(1,546,053)
1,357,447 (1,262,413)
0
0
0
0
0
$0 $210,660 The District is projected to have a surplus of approximately $210,700 in 2024 comprised of the funds noted above. The surplus in the FICA, IMRF and Liability funds are intended to increase the amount of fund balance reserves on hand in accordance with the Fund Balance Policy. $0 $0 $79,600 $97,100 $1,340 $32,620 $0
2024 BUDGET 26
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