ANALYSIS
Total revenue is budgeted to increase 5.7% or $960,000 compared to the 2024 budget and increase $156,700 compared to the 2024 year-end estimate. Expenses are projected to increase 6.2% or $1.1 million compared to the 2024 budget and 7.7% or $1.4 million compared to 2024 year-end projections. Except for interest income and one-time reimbursement amounts, revenues are projected to increase along with increases in the related expenses. REVENUES Revenue within the Recreation Fund is derived from the following sources: RECREATION REVENUE Budget 2024 Projections 2024
The operating budget includes a $1.5 million transfer from the General Fund for the Recreation Fund to break even. The transfer provides funding for park maintenance operations and to offset administrative costs. On a positive note, the Recreation Fund is projected to end 2024 in a better-than-expected position based on greater participation levels in programs and memberships.
Budget 2025
2025 vs. Proj Variance
Budget Variance
Tax Revenue
$4,000,000
24% $4,000,000
23% $4,000,000
22%
$0
0.00%
$0
0.00%
Replacement Taxes
106,600 190,900 10,157,765 489,885
1%
0
0%
0 0%
0
0.00% (106,600)
-100.00%
Interest Income
1% 297,000 60% 10,828,431 3% 490,366 4% 689,326 1% 237,786 6% 1,112,560
2% 224,700 1% (72,300)
-24.34%
33,800
17.71% 8.32% 8.78% 10.73% 6.13% 6.02% 5.70% 12.83% 6.23%
Charges for Services
61% 11,002,671
62%
174,240 42,538 10,689 (38,416) 39,981
1.61% 844,906
Sales
3% 532,904 3% 4% 700,015 4%
8.67% 1.55% -16.16% 3.59%
43,019 67,855 11,520 65,469
Rental Income
632,160 187,850
Alternative Revenue
1%
199,370 1%
Miscellaneous Total Revenue
1,087,072
6% 1,152,541
7%
$16,852,232
100% $17,655,469 100% $17,812,201
100% $156,732
0.89% $959,969
Transfer from General Fund Total Revenue with Transfers
1,357,447
308,105
1,531,659
1,223,554 $1,380,286
397.12%
174,212
$18,209,679
$17,963,574
$19,343,860
7.68% $1,134,181 9 rec rev pg 53
RECREATION REVENUE
62% Charges for Services 22% Tax Revenue 7% Miscellaneous 4% Rental Income 3% Sales 1% Alternative Revenue 1% Interest Income
napervilleparks.org 13 golf expend page 88
2025 BUDGET 44
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