2025 CONSOLIDATED REVENUES The following section provides a brief overview of consolidated revenues and expenditures by category with comparisons to the 2024 budget and year-end projections. CONSOLIDATED REVENUES Budget 2024 Projections 2024 Budget 2025 2025 vs. Proj Variance Budget Variance Tax Revenue $26,946,132 56% $27,005,458 54% $28,725,615 56% $1,720,157 6% $1,779,483 7% Replacement Taxes 550,700 1% 419,554 1% 344,000 1% (75,554) -18% (206,700) -38% Interest Income 1,243,200 3% 1,960,850 4% 1,476,100 3% (484,750) -25% 232,900 19% Charges for Services 13,799,070 29% 14,757,338 29% 14,791,422 29% 34,084 0% 992,352 7% Sales 1,580,361 3% 1,677,348 3% 1,710,794 3% 33,446 2% 130,433 8% Rental Income 753,460 2% 841,739 2% 873,481 2% 31,742 4% 120,021 16% Alternative Revenue 565,550 1% 1,223,986 2% 840,370 1% (383,616) -31% 274,820 49% Miscellaneous 2,573,790 5% 2,347,253 5% 2,443,575 5% 96,322 4% (130,215) -5% Other Financing 50,000 0% 105,000 0% 50,000 0% (55,000) -52% 0 0% Total Revenue before Transfers $48,062,263 100% $50,338,526 100% $51,255,357 100% 916,831 2% 3,193,094 7% Total Transfers $2,920,010 $3,492,504 $3,088,519 (403,985) -12% 168,509 6% Total Revenue after Transfers $50,982,273 $53,831,030 $54,343,876 $512,846 -10% $3,361,603 12%
The chart above presents total revenue for the 2025 budget year. Revenues before transfers are budgeted to increase about $3.2 million or 7.0% compared to the 2024 budget and increase $900k or 2.0% compared to 2024 year-end estimates. An increase in revenues budget to budget is anticipated for all major categories except for replacement taxes (state shared revenues) and Reimbursements under the miscellaneous category. In 2024 the District received a one-time reimbursement from School District 203 for the renovation of the parking lot at Knoch Park. The District relies on two primary revenue sources to fund operations: property taxes and charges for services (program fees), which fund 85% of the District’s entire budget. As expected, these two sources represent the largest increases for 2025. The increase in program fees is mainly based on increased participation in programs, facilities and events, and fee increases applied to specific programs such as camps to offset rising costs. The increase in property taxes is needed to fund the remaining costs to provide services and capital improvements. Based on the current economic environment, interest income is expected to increase on a budgetary basis but projected to decrease compared to 2024 projected amounts. Total transfers include a transfer from the General to Recreation Fund (to make the Recreation Fund net to zero) and additional surpluses from the General Fund and Golf operations to fund capital improvements.
CONSOLIDATED REVENUES 56% Tax Revenue
29% Charges for Services 5% Miscellaneous 3% Sales 3% Interest Income 2% Rental Income 1% Alternative Revenue 1% Replacement Tax
2025 BUDGET 18
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