2025 GENERAL FUND The General Fund includes six administrative support functions in addition to Park Police, Trades and Fleet operations. Funding of the General Fund is primarily supported through property tax revenue, which is discussed in detail below. OPERATING BUDGET The following financial statement illustrates the General Fund operating budget including the prior year’s results.
VARIANCE 2025 BUDGET VS. 2024 BUDGET
VARIANCE 2025 BUDGET VS. 2024 PROJ
GENERAL FUND - OPERATING FINAL 2022 FINAL 2023 BUDGET 2024 PROJECTIONS 2024 BUDGET 2025
%
%
REVENUE Property Taxes
$7,336,100
$7,839,759
$7,111,705 444,100 166,300
$7,173,400
$7,869,177
$695,777 (75,554) (57,000) (2,020)
9.7% $757,472
10.7%
Replacement Taxes Investment Income
730,080
589,481 264,484
419,554 227,000 13,020 8,000 199,703
344,000 170,000
-18.0% (100,100) -22.5%
16,871 13,613
-25.1% 3,700 -15.5% 2,000
2.2%
Rental Income
9,630
9,000 8,000 190,411
11,000 8,000 171,731
22.2% 0.0% -9.8%
Alternative Revenue
128,604 269,729
304,979 223,786
0
0.0%
0
Miscellaneous
(27,972)
-14.0% (18,680)
Other Financing Sources
2,125
Total Revenue
8,494,997
9,234,244
7,929,516
8,040,677
8,573,908
533,231
6.6% 644,392
7.5%
EXPENSES Wages & Benefits
3,922,011 607,748 842,276 128,902
4,026,959
4,501,379 650,625 1,087,235
4,272,326 659,097 1,071,777
4,631,754 651,324 1,286,522
359,428
8.4% 130,375
2.9% 0.1% 18.3% -2.6%
Supplies
623,074 860,602
(7,773)
-1.2%
699
Contractual Services
214,745 10,100 (3,850)
20.0% 199,287 11.0% (2,674)
Utilities
97,634
104,274
91,500
101,600
Capital Projects Miscellaneous
611
180
9,950
8,750
4,900
-44.0% (5,050) -50.8%
16,806
17,826
30,000
27,200
32,000
4,800
17.6% 2,000
6.7%
Total Expenditures
5,518,354 $2,976,643 (1,478,685) (1,497,958) ($2,976,643)
5,626,275 $3,607,969 (1,063,551) (2,544,418) ($3,607,969)
6,383,463 $1,546,053 (1,357,447) (188,606) ($1,546,053)
6,130,650 $1,910,027 (308,105) (1,601,922) ($1,910,027)
6,708,100 $1,865,808 (1,531,659) (334,149) ($1,865,808)
577,450 9.4% 324,637 4.8%
Surplus/(Deficit) Before Transfers
(44,219)
-2.3% 319,755 397.1% (174,212) -79.1% (145,543) -2.3% (319,755)
17.1%
Tranfer to Recreation Transfer to Capital
(1,223,554)
12.8% 0.0%
1,267,773
Total Transfers Surplus/(Deficit) Fund Balance
44,219
17.1%
$0
$0
$0
$0
$0
$4,257,810
$4,257,810
$4,257,810
$4,257,810
$4,257,810
The 2025 budget is balanced with operating revenues supporting the annual operating expenses.
2025 BUDGET 28
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