2024BudgetBook

 GENERAL FUND 2023 Budget Summaries - Fund Level General Fund BUDGET FUND SUMMARIES

Variance

Variance

Final 2021

Final 2022

Budget

Projections

Budget

2024 Budget vs.

2024 Budget vs.

General Fund - Operating

2023

2023

2024

2023 Proj

% 2023 Budget

%

Revenue Property Taxes

$7,216,044

$7,336,100

$7,817,940

89% $7,838,800 7% $513,500 1% $178,288

86% $7,111,705 6% $444,100 2% $166,300

90%

($727,095)

-9.3%

($706,235) -9.0% (186,200) -29.5%

Replacement Taxes Investment Income

306,912

730,080 16,871 13,613 128,604 269,729

$630,300 $90,000

6% 2% 0% 0% 2% 0%

(69,400) (11,988)

-13.5%

(5,472) 11,297

-6.7% 0.0%

76,300

84.8% -5.3% 700.0%

Rental Income

$9,500 $1,000

0%

$9,000

0% 3%

$9,000 $8,000

-

(500)

Alternative Revenue

-

0% $313,930 2% $207,751

(305,930) (17,340)

-97.5%

7,000

Miscellaneous

186,137

$198,014

2% $190,411

-8.3%

(7,603)

-3.8% 0.0%

Other Financing Sources

1,141

-

$0

0%

$2,125

0%

$0

(2,125) -100.0%

-

Total Revenue

($817,238) -9.3%

$7,716,059

$8,494,997

$8,746,754 100% $9,063,394 100% $7,929,516 100% ($1,133,878) -12.5%

Expenses Wages & Benefits

3,347,314

3,922,011

$4,253,319

72% $4,042,953 10% $620,147 16% $930,920 2% $92,950

71% $4,501,379 11% $650,625 16% $1,087,235 2% $104,274

71% 10% 17%

458,426 30,478 156,315 11,324

11.3%

248,060 37,158 123,353

5.8% 6.1%

Supplies

499,875 743,855 138,562

607,748 842,276 128,902

$613,467 $963,882 $95,017 $1,950 $18,500

4.9%

Contractual Services

16.8% 12.2% 541.9% 78.6%

12.8%

Utilities

2% 0% 0%

9,257 8,000

9.7%

Capital Projects Miscellaneous

-

611

0%

$1,550

0%

$9,950

8,400

410.3% 62.2%

17,527

16,806

0% $16,800

0% $30,000

13,200

11,500

Total Expenditures

$4,747,133

$5,518,354

$5,946,135 100% $5,705,320 100% $6,383,463 100%

$678,143 11.9%

$437,328 7.4%

Surplus/(Deficit) Before Transfers

$2,968,926

$2,976,643

$2,800,619

$3,358,074

$1,546,053

($1,812,021) -54.0% ($1,254,566) -44.8%

Transfer to Recreation

($1,045,344) ($1,923,582) ($2,968,926)

($1,478,685) ($1,497,958) ($2,976,643)

($2,499,257) ($301,362) ($2,800,619)

($1,428,895) ($1,929,179) ($3,358,074)

($1,357,447) ($188,606) ($1,546,053)

71,448

-5.0%

1,141,810

-45.7% -37.4% -44.8%

Transfer to Capital

1,740,573 1,812,021

-90.2% -54.0%

112,756

Total Transfers

1,254,566

Surplus/(Deficit)

$0

$0

$0

$0

$0

($0)

$0

Fund Balance

$4,257,810

$4,257,810

$4,257,810

$4,257,810

$4,257,810

2024 BUDGET 92

napervilleparks.org

Made with FlippingBook Digital Proposal Creator