DEBT SERVICE Debt Service
Variance
Variance
Final 2021
Final 2022
Budget
Projections
Budget
2024 Budget vs.
2024 Budget vs.
2023
2023
2024
2023 Proj
% 2023 Budget
%
Revenue Property Taxes
$2,269,789
$2,668,567
$2,643,132
99% $2,669,820
97% $2,643,132
98%
($26,688) (15,100)
-1.0%
$0
0.0%
Investment Income
(1,486)
(2,333)
28,100
1% 0% 0%
70,000
3% 0% 0%
54,900
2% 0% 0%
-21.6%
26,800
95.4%
Miscellaneous
952
- -
- -
-
-
- -
0.0% 0.0%
- -
0.0% 0.0%
Other Financing Sources
-
Total Revenue
2,269,255
2,666,234
2,671,232 100% 2,739,820
100% 2,698,032
100%
(41,788)
-1.5%
26,800
1.0%
Expenses Contractual Services
1,471
1,272
1,272
0%
1,272
0%
1,272
0%
-
0.0% 0.0%
-
0.0% 0.0%
Debt Service
2,310,177
2,743,782
2,777,334 100% 2,777,334
100% 2,777,319
100%
(15)
(15)
Total Expenditures
2,311,648
2,745,054
2,778,606 100% 2,778,606
100% 2,778,591
100%
(15)
0.0%
(15)
0.0%
Surplus/(Deficit) Before Transfers
($42,393)
($78,820)
($107,374)
($38,786)
($80,559)
($41,773) 107.7%
$26,815 -25.0%
Transfer from Capital
546,100
119,571
111,544
111,544
111,544
-
0.0%
-
0.0%
Surplus/(Deficit)
$503,707
$40,751
$4,170
$72,758
$30,985
($41,773)
-57.4%
$26,815 643.0%
Fund Balance
$2,388,639
$2,429,390
$2,433,560
$2,502,148
$2,533,133
2024 BUDGET 98
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