OVERVIEW & ANALYSIS The District’s operating budget includes the following funds and categories.
GENERAL OPERATING RECREATION GOLF
FICA
IMRF
AUDIT LIABILITY SPECIAL RECREATION BUDGET 2025
OPERATING BUDGET
REVENUE Property Taxes
$7,869,177
$4,000,000
$1,280,000 $830,000
$23,000
$850,000
$2,927,300
$17,779,477 344,000 515,200 14,791,422 1,710,794 873,481 234,370 1,526,254
Replacement Taxes Investment Income Charges for Services
344,000 170,000
224,700
69,400 20,300 14,400
200
16,200
11,002,671 532,904 700,015 199,370 1,152,541
3,788,751 1,177,890 162,466 27,000
Sales
Rental Income
11,000 8,000 171,731
Alternative Revenue
Miscellaneous Total Revenue
198,514
3,468
8,573,908 17,812,201 5,424,021
1,300,300 844,400 23,200 869,668
2,927,300 37,774,998
EXPENSES Wages & Benefits
4,631,754 651,324 1,286,522
12,861,411 2,383,925 1,289,820 815,123
505,006
22,487,039 2,534,344 9,008,081 1,162,280
Supplies
1,298,313 570,807
13,900
Contractual Services
4,195,971
1,127,778
22,620 381,738
1,993,452
Utilities
101,600
943,480 117,200
Capital Projects Miscellaneous
4,900
44,685
1,600
933,848
985,033 32,000
32,000
Total Expenditures
6,708,100 19,343,860 4,201,310 1,289,820 815,123
22,620 900,644
2,927,300 36,208,777
Surplus/(Deficit) Before Transfers
$1,865,808 (1,531,659)
($1,531,659)
$1,222,711
$10,480
$29,277
$580
($30,976)
$0
$1,566,221 (1,531,659) (1,556,860) 1,531,659 (1,556,860)
Transfer to Recreation Transfer to Capital Transfer from General
(334,149)
(1,222,711)
1,531,659 1,531,659
Total Transfers Surplus/(Deficit)
(1,865,808)
(1,222,711)
0
0
0
0
0
$0 $9,361 The District is projected to have a surplus of approximately $9,400 after transfers in 2025 comprised of the funds noted above. The planned deficit in the Liability Fund will draw down the fund balance that accumulated based on unspent funds in 2024. Property taxes and charges for services represent 86% of funding and are the two main revenue sources that fund District operations. As expected for a service organization, wages and benefits represent 62% of operating expenditures. $0 $0 $10,480 $29,277 $580 ($30,976) $0
2025 BUDGET 26
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