2025 CAPITAL FUND The District’s Capital Fund accounts for Districtwide capital improvements and debt service payments for the 2014 Debt Certificates.
2025 BUDGET VS. 2024 PROJ
2025 BUDGET VS. 2024 BUDGET
CAPITAL FUND
FINAL 2022 FINAL 2023
BUDGET 2024
PROJECTIONS 2024 BUDGET 2025
%
%
REVENUE Property Taxes
$6,771,779 $7,238,664
$7,738,295 568,600 350,000 1,106,000
79% $7,793,240 6% 835,900 4% 949,000 11% 837,731 1% 105,000
74% $7,890,823 78% $97,583
1.3% $152,528 -24.9% 59,100 -36.1% 256,000 9.5% (188,679)
2.0% 10.4% 0.0% -17.1% 0.0% 2.8% 0.0% -7.3% -1.0% -7.0%
Investment Income Alternative Revenue
(34,868) 140,978 852,507 173,242 7,903,638
771,490 220,000 1,206,232
8% 627,700 9% 606,000 8% 917,321 1% 50,000
6% (208,200) 6% (343,000) 9% 79,590 0% (55,000)
Miscellaneous
Other Financing Sources
91,476
50,000
-52.4%
0
Total Revenue
9,527,862
9,812,895 100% 10,520,871 100% 10,091,844 100% (429,027)
-4.1% 278,949
EXPENSES Contractual Services
1,348
0
0.0%
0
Capital Projects
12,704,560
11,011,545 556,900 11,569,793 (2,041,931) 3,365,942 1,324,011
14,450,000
96% 13,568,900 96% 13,400,000 96% (168,900)
-1.2% (1,050,000) -0.9% (5,468) -1.2% (1,055,468)
Debt Service
561,150
562,668
4% 562,350
4% 557,200
4% (5,150)
Total Expenditures
13,265,710 (5,362,072) 2,224,218 (3,137,854)
15,012,668 100% 14,131,250 100% 13,957,200 100% (174,050)
Surplus/(Deficit) Before Transfers
(5,199,773)
(3,610,379)
(3,865,356)
(254,977)
7.1% 1,334,417 -25.7%
Total Transfers Surplus/(Deficit) Fund Balance
1,339,475
3,184,399 (425,980) $17,571,648
1,556,860 (2,308,496) $15,263,152
(1,627,539)
-51.1% 217,385
16.2% 5.6%
(3,860,298) $14,137,330
$1,627,539 -382.1% ($217,385)
$16,673,617 $17,997,628
2025 BUDGET 82
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