■ REVENUES Revenues within the General Fund operating budget are derived from the following sources: GENERAL-OPERATING REVENUE Budget 2025 Projections 2025 Budget 2026
2026 vs. Proj Variance
Budget Variance
Tax Revenue
$7,869,177
92% $7,584,042
92% $8,472,675 4% 320,000
93% $888,633
11.72% $603,498 0.02% (24,000) -24.64% (22,300)
7.67%
Replacement Tax Interest Income
344,000 170,000
4%
319,923
3%
77
-6.98% -13.12% 0.00%
2% 196,000
2% 0% 0% 2%
147,700 11,000
2% (48,300)
Rental Income
11,000 8,000 171,731
0% 0% 2%
9,500 11,000
0% 0% 2%
1,500
15.79%
-
Alternative Revenue
-
(11,000)
-100.00%
(8,000)
-100.00%
Miscellaneous Total Revenue
185,365
184,887
(478)
-0.26%
13,156
7.66% 6.56%
6 rev gen op page 25
$8,573,908
100% $8,305,830
100% $9,136,262
100% $830,432
10.00% $562,354
PROPERTY TAXES Property tax revenue accounts for 93% of the total revenue within the General Fund and is budgeted to increase 8% or about $603,500 compared to the 2025 budget and 12% or $888,700 compared to year- end projections. The increase will be used to fund District operations and capital improvements. REPLACEMENT TAXES Replacement Taxes account for 3% or $320,000 of revenues. Replacement Taxes are an additional income tax for corporations calculated at a rate of 2.5% of net taxable income. The 2026 budget accounts for a $24,000 or a 7% decrease compared to the 2025 budget and consistent with 2025 projections. The decrease is based on estimates provided by the State of Illinois Department of Revenue.
INTEREST INCOME Interest Income accounts for about 2% of the operating revenue and is budgeted to decrease $48,300 or 25% compared to 2025 projections based on the current market environment. The 2026 budget is based on an overall rate of 3.1%. RENTAL INCOME Rental Income represents security income received from park/facility rentals requiring the presence of park police. Rental Income is expected to remain fairly consistent with the 2025 budget and year-end projections. ALTERNATIVE REVENUE Alternative Revenue is not expected for the 2026 budget. During 2025, a grant for police body cameras was budgeted and received. MISCELLANEOUS INCOME Miscellaneous income includes various reimbursements to the District including parking ticket revenue and employee insurance reimbursements.
10 depart pro les page 57 GENERAL OPERATING REVENUE 93% Tax Revenue
3% Replacement Tax 2% Interest Income 2% Miscellaneous
2026 BUDGET 29
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