ALLOCATIONS The allocation budget is an administrative budget that captures fund-level revenue and expenses. Revenue includes property taxes, replacement taxes, interest income and miscellaneous reimbursements. Expenses include administrative costs that are shared by various departments and are identified within each fund. ALLOCATIONS- RECREATION FINAL 2022 FINAL 2023 BUDGET 2024 PROJECTIONS 2024 BUDGET 2025 2025 VS. 2024 PROJ % 2025 VS. 2024 BUDGET % REVENUE Property Taxes $3,200,997 $3,189,931 $4,000,000 $4,000,000 $4,000,000 $0 0% $0 0% Replacement Taxes 106,600 106,600 106,600 0 0% -106,600 -100% Investment Income (3,107) 262,713 190,900 297,000 224,700 (72,300) -24% 33,800 18% Miscellaneous 279,980 243,252 229,662 250,603 252,955 2,352 1% 23,293 10% Total Revenue 3,584,470 3,802,496 4,527,162 4,547,603 4,477,655 (69,948) -2% (49,507) -1% EXPENSES Wages & Benefits 19,995 (19,737) 60,000 40,000 40,000 0% (20,000) -33% Supplies 9,500 5,425 8,300 6,500 8,300 1,800 28% 0 0% Contractual Services 26,945 67,532 68,115 69,970 76,300 6,330 9% 8,185 12% Utilities 698,726 620,204 724,385 633,400 683,480 50,080 8% (40,905) -6% Total Expenditures 755,166 673,424 860,800 709,870 808,080 98,210 14% (52,720) -6%
Surplus/(Deficit) Before Transfers Transfer from General Fund Surplus/(Deficit)
$2,829,304 $3,129,072
$3,666,362
$3,837,733
$3,669,575
($168,158)
-4%
$3,213
0%
1,478,685 1,063,551
1,357,447
308,105
1,531,659
1,223,554 397%
174,212 13%
$4,307,989 $4,192,623
$5,023,809
$4,145,838
$5,201,234
$1,055,396
25%
$177,425
4%
2025 BUDGET 71
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