HomeMy WebLinkAbout2020.04 April Monthly Report
To: Erika Storlie, City Manager
From: Hitesh Desai, CFO/City Treasurer
Kate Lewis-Lakin, Budget Coordinator
Subject: April 2020 Monthly Financial Report
Date: July 10, 2020
Please find attached the unaudited financial statements as of April 30, 2020. A summary
by fund for revenues, expenditures, fund and cash balances is as follows:
April 2020 Revenue Expense Net Fund Balance Cash Balance
100 GENERAL FUND 39,286,622 38,661,015 625,607 16,294,341 13,351,609
175 GENERAL ASSISTANCE FUND 505,452 367,313 138,139 501,179 501,179
176 HEALTH AND HUMAN SERVICES 2,005,420 478,708 1,526,711 1,557,470 1,557,470
177 REPARATIONS FUND 3,975 - 3,975 5,310 5,310
180 GOOD NEIGHBOR FUND 1,001,303 292,346 708,958 961,502 961,502
185 LIBRARY FUND 3,774,941 2,443,153 1,331,788 3,401,431 3,401,336
186 LIBRARY DEBT SERVICE FUND 240,000 - 240,000 241,144 241,144
187 LIBRARY CAPITAL IMPROVEMENT FD - - - 1,378,484 1,378,484
200 MOTOR FUEL TAX FUND 1,037,394 728,057 309,336 2,978,368 2,651,399
205 EMERGENCY TELEPHONE (E911) FUND 572,398 418,901 153,498 1,424,457 1,040,708
210 SPECIAL SERVICE AREA (SSA) #4 - - - (226,193) (226,193)
215 CDBG FUND 8,002 153,929 (145,927) (82,630) (82,630)
220 CDBG LOAN FUND 20,502 61,334 (40,832) 186,553 186,553
235 NEIGHBORHOOD IMPROVEMENT 260 38 222 172,086 172,086
240 HOME FUND 72,882 65,678 7,204 14,730 14,730
250 AFFORDABLE HOUSING FUND 51,868 65,301 (13,433) 3,912,169 4,040,670
320 DEBT SERVICE FUND 6,736,511 - 6,736,511 7,153,943 7,176,966
330 HOWARD-RIDGE TIF FUND 403,311 214,383 188,928 2,313,693 2,314,381
335 WEST EVANSTON TIF FUND 343,109 45,008 298,101 1,008,577 1,008,577
340 DEMPSTER-DODGE TIF FUND 101,239 55,291 45,948 153,751 153,751
345 CHICAGO-MAIN TIF 343,195 86,877 256,318 943,071 943,071
350 SPECIAL SERVICE AREA (SSA) #6 123,016 0 123,016 128,358 128,358
415 CAPITAL IMPROVEMENTS FUND 183,399 1,474,163 (1,290,763) 11,369,482 12,288,016
416 CROWN CONSTRUCTION FUND 1,071,414 2,795,762 (1,724,348) 5,921,803 9,782,056
417 CROWN COMMUNITY CTR MAINTENANCE 58,333 - 58,333 58,333 58,333
420 SPECIAL ASSESSMENT FUND 108,326 159,330 (51,004) 2,876,802 2,873,619
505 PARKING SYSTEM FUND 3,271,521 3,634,717 (363,196) 2,012,794 2,174,339
510 WATER FUND 8,482,753 6,697,346 1,785,407 4,854,105 5,232,159
515 SEWER FUND 3,115,460 2,741,681 373,779 5,351,751 4,025,550
520 SOLID WASTE FUND 1,981,855 1,590,279 391,575 (147,956) (697,146)
600 FLEET SERVICES FUND 1,033,503 869,487 164,016 279,491 (921,618)
601 EQUIPMENT REPLACEMENT FUND 506,322 1,224,151 (717,828) 187,122 (85,843)
605 INSURANCE FUND 6,435,057 6,851,054 (415,997) (12,009,095) (6,746,679)
Grand Total 82,879,343 72,175,302 10,704,041 65,176,425 68,903,247
Memorandum
Included above are ending fund and cash balances as of April 30, 2020. Cash
balance represents liquid cash and/or invested assets which can be used (or easily sold)
to support and fund current operations. Fund balance includes illiquid assets or future
cash receipts or disbursements such as receivables (including property tax) due to the City
and accounts payable/accrued expenses. All fund balances are unaudited.
Covid-19
Staff continues to monitor the impact of Covid-19 on the City’s finances.
General Fund
The unaudited financial statements show the General Fund as of April 30, 2020 with a
fund balance of $16,294,341 and cash balance of $ 13,351,609. The attached financials
show year-end General Fund revenues at 33.1% of budget and expenses at 33 % of
budget. These are at the target of 33%.
As of April 30, 47.1% of property tax revenue to the General Fund has been received. The
second installment of property taxes is received in July and August. Expenses are near
target, as January through April are typically slower months for program spending and
overtime. The mild winter weather in these months helped keep costs low.
Staff continues to monitor Police and Fire overtime expenses. Through April , Police had
spent 20.6% of budget for overtime, and Fire had spent 49.7% of budget. For Police, this
is below target of 25%, as January through April tend to be slower months. April also saw
the start of the pandemic which reduced overtime .Ovetime is higher in Fire Department
due to continuing vacancies in the department that require hirebacks to maintain minim um
staffing. Overtime is typically higher in the summer months.
Overtime
Expenses
2019 Actual 2020 Budget 2020 YTD % Budget
Enterprise Funds
Parking fund revenues through April 30, 2020 are at 25.1% of budget and expenses are
at 27.2%. The 2019 ending fund balance was $2,375,989.
Through April 30, 2020, the Water Fund appears low on revenue and expenses. This is
because capital projects funded with IEPA loan have been delayed. These projects are
budgeted in Other Revenue and expenses in Capital Outlay. The 2019 ending fund
balance has been adjusted to $3,068,697.
The Water Fund revenues reflect payment from the Village of Skokie at the rate of $0.81
per 1000 gallons against the billed rate of $2.06 per 1000 gallons. This issu e is currently
being challenged in the court.
Through April 30, 2020, the Sewer Fund also appears low on expenses due to capital
projects. Majority of work will be performed later in the year on these projects. These
projects are primarily funded through IEPA loan financing, budgeted as Other Revenue.
The 2019 ending fund balance was adjusted to $4,997,971.
Through April 30, 2020, the Solid Waste Fund has a negative fund balance of $147,956
and a negative cash balance of $697,146. The fund ended 2019 with a surplus of
$559,718, bringing it to an ending balance of negative $539,532.
Other Funds
Through April 30, 2020, the SSA #4 Fund is showing a negative fund balance of $226,193
and negative cash balance of $226,193.
Through April 30, 2020, the Capital Improvements Fund is showing a fund balance of
$11,369,482 and a cash balance of $12,288,016. The fund continues to spend down
2019B bond proceeds received in June 2019.
Through April 30, 2020, the Crown Construction fund is showing fund balance of
$5,921,803 and cash balance of $ 9,782,056. The fund continues to spend down balances
from bond proceeds and gifts from the Friends of Robert Crown in 2019.
Through April 30, 2020, the Insurance Fund is showing a negative fund balance of
$12,009,095 and a negative cash balance of $6,746,679. The fund had high expenses in
the first quarter from legal fees and settlements. Fund balance is significantly lower than
cash balance due to accrued liabilities for pending litigation s.
If there are any questions on the attached report, please contact me by phone at (847)
448-8082 or by email: hdesai@cityofevanston.org. Detailed fund summary reports can be
found at: http://www.cityofevanston.org/city-budget/financial-reports/.
CERTIFICATION OF ATTACHED FINANCIAL REPORTS
As required per Illinois Statute 65 ILCS 5/3.1-35-45 I, Hitesh Desai, Treasurer of the City
of Evanston, hereby affirm that I have reviewed the April 31, 2020 year-to-date financial
information and reports which to the best of my knowledge appear accurate and complete.
January February March April May*June July August September October*November*December
2020 Unreserved
Fund Balance 15,446,541$ 15,394,886$ 17,267,642$ 16,294,341$
2019 Unreserved
Fund Balance 14,074,270$ 15,248,569$ 19,960,779$ 18,594,617$ 17,601,206$ 16,913,780$ 19,181,628$ 21,272,425$ 20,103,645$ 19,396,425$ 16,634,199$ 15,668,724$
2020 Cash Balance 10,333,157$ 11,915,776$ 13,307,450$
2019 Cash Balance 10,603,771$ 14,634,340$ 17,403,563$ 16,875,201$ 16,013,733$ 10,547,544$ 13,286,786$ 15,561,077$ 15,627,196$ 13,669,397$ 11,039,528$ 11,290,625$
*In 2020, May and October have 3 paydays. In 2019, May and November had 3 paydays.
2020 and 2019 Fund and Cash Balance - General Fund
$-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
2020 Unreserved Fund Balance
2019 Unreserved Fund Balance
2020 Cash Balance
2019 Cash Balance
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
100 GENERAL FUND Target = 33%
Revenue
Property Taxes 29,888,938 29,362,987 624,590 13,818,465 47.1%
Other Taxes 53,637,882 55,240,000 3,430,868 15,196,527 27.5%
Licenses, Permits and Fees 7,667,185 7,663,550 1,522,753 3,042,840 39.7%
Charges for Services 9,222,780 10,187,350 291,985 2,682,337 26.3%
Fines and Forfeitures 5,108,236 4,670,500 22,893 730,934 15.7%
Interest Income 210,194 55,000 5,318 47,826 87.0%
Intergovernmental Revenue 1,236,263 1,006,967 79,259 357,664 35.5%
Other Revenue 1,422,940 1,655,100 231,735 416,994 25.2%
Interfund Transfers 8,817,013 8,979,103 748,259 2,993,034 33.3%
Revenue Total 117,211,433 118,820,557 6,957,659 39,286,622 33.1%
Expenses
12 LEGISLATIVE - 160 160 100.0%
13 CITY COUNCIL 540,902 552,609 38,443 161,655 29.3%
14 CITY CLERK 218,776 182,073 11,524 46,072 25.3%
15 CITY MANAGER'S OFFICE 7,994,888 8,924,121 847,799 2,643,027 29.6%
17 LAW 706,077 683,577 42,526 168,563 24.7%
19 ADMINISTRATIVE SERVICES 9,752,431 10,312,914 869,276 2,924,941 28.4%
21 COMMUNITY DEVELOPMENT 3,082,258 3,425,044 254,932 951,237 27.8%
22 POLICE 38,962,955 41,131,727 2,514,703 14,923,503 36.3%
23 FIRE MGMT & SUPPORT 25,332,850 25,985,716 1,623,768 9,895,222 38.1%
24 HEALTH 2,975,767 1,374,177 145,735 520,753 37.9%
26 PUBLIC WORKS (10) - 0.0%
30 PARKS, REC. AND COMMUNITY SERV.12,364,345 11,661,451 752,161 2,768,468 23.7%
40 PUBLIC WORKS AGENCY 13,243,824 12,967,082 854,016 3,657,384 28.2%
48 LIBRARY 30 30 100.0%
Expenses Total 115,175,062 117,200,492 7,955,074 38,661,015 33.0%
Net 2,036,371 1,620,065 (997,415) 625,607
Beginning Fund Balance 13,632,363 15,668,734 15,668,734 Fund Balance %
Ending Fund Balance 15,668,734 17,288,799 16,294,341 139.7%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
505 PARKING SYSTEM FUND Target = 33%
Revenue
Licenses, Permits and Fees 79,053 75 100.0%
Charges for Services 10,298,674 12,638,475 306,366 3,122,135 24.7%
Interest Income 113,897 20,000 1,307 8,700 43.5%
Other Revenue 484,328 356,700 17,317 140,611 39.4%
Revenue Total 10,975,952 13,015,175 324,990 3,271,521 25.1%
Expenses
Salary and Benefits 1,758,187 1,756,950 131,353 498,816 28.4%
Services and Supplies 4,505,080 4,913,316 358,391 1,844,261 37.5%
Insurance and Other Chargebacks 333,968 350,667 29,222 116,889 33.3%
Miscellaneous 51,935 100,000 - 0.0%
Contingencies - - 0.0%
Capital Outlay 50,801 1,575,000 - 130,782 8.3%
Interfund Transfers 3,162,807 4,631,907 260,992 1,043,969 22.5%
Debt Service 1,006 34,354 - 0.0%
Depreciation Expense 2,694,291 - 0.0%
Expenses Total 12,558,075 13,362,194 779,958 3,634,717 27.2%
Net (1,582,122) (347,019) (454,969) (363,196)
Beginning Fund Balance 3,958,112 2,375,990 2,375,990 Fund Balance %
Ending Fund Balance 2,375,990 2,028,971 2,012,794 15.1%
510 WATER FUND
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
Target = 33%
Revenue
Charges for Services 16,810,050 23,068,270 1,388,167 5,613,075 24.3%
Interest Income 734,037 70,000 92,687 338,283 483.3%
Licenses, Permits and Fees 51,805 50,000 9,000 24,991 50.0%
Other Revenue 448,762 24,935,200 278,763 2,506,405 10.1%
Revenue Total 18,044,655 48,123,470 1,768,617 8,482,753 17.6%
Expenses
Salary and Benefits 5,374,057 5,774,506 443,380 1,791,492 31.0%
Services and Supplies 3,196,372 5,794,210 629,980 1,166,066 20.1%
Insurance and Other Chargebacks 500,523 1,513,955 42,830 171,318 11.3%
Capital Outlay 168,327 30,785,000 870,763 2,210,671 7.2%
Debt Service 924,577 2,291,201 33,752 33,752 1.5%
Interfund Transfers 3,932,313 3,972,140 331,012 1,324,047 33.3%
Miscellaneous 300 15,000 - 0.0%
Contingencies 1,000 1,000 - 0.0%
Depreciation Expense 2,648,980 - 0.0%
Expenses Total 16,746,450 50,147,012 2,351,716 6,697,346 13.4%
Net 1,298,205 (2,023,542) (583,100) 1,785,407
Beginning Fund Balance 1,770,493 3,068,698 3,068,698 Fund Balance %
Ending Fund Balance 3,068,698 1,045,156 4,854,105 9.7%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
515 SEWER FUND Target = 33%
Revenue
Charges for Services 10,780,345 10,410,200 768,801 3,107,240 29.8%
Interest Income 39,012 25,000 723 8,219 32.9%
Other Revenue 14,594 3,601,000 - 0.0%
Revenue Total 10,833,951 14,036,200 769,524 3,115,460 22.2%
Expenses
Salary and Benefits 1,305,839 1,373,834 106,435 411,132 29.9%
Services and Supplies 249,225 1,462,150 343,973 358,241 24.5%
Insurance and Other Chargebacks 282,082 306,557 25,546 102,186 33.3%
Miscellaneous 2,288 1,500 1,333 88.9%
Capital Outlay (10,482) 3,432,000 - - 0.0%
Interfund Transfers 1,773,532 2,337,531 69,794 279,177 11.9%
Debt Service 796,129 5,803,653 367,256 1,589,611 27.4%
Depreciation Expense 3,681,927 - 0.0%
Expenses Total 8,080,540 14,717,225 913,005 2,741,681 18.6%
Net 2,753,411 (681,025) (143,480) 373,779
Beginning Fund Balance 2,224,561 4,977,972 4,977,972 Fund Balance %
Ending Fund Balance 4,977,972 4,296,947 5,351,751 36.4%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
520 SOLID WASTE FUND Target = 33%
Revenue
Property Taxes 820,000 1,332,500 666,000 50.0%
Charges for Services 4,238,116 4,202,300 277,827 1,210,264 28.8%
Other Revenue 129,377 122,000 885 30,182 24.7%
Interfund Transfers 150,000 - 0.0%
Licenses, Permits and Fees 300,733 297,000 900 75,409 25.4%
Revenue Total 5,638,226 5,953,800 279,612 1,981,855 33.3%
Expenses
Salary and Benefits 1,071,205 1,380,102 86,333 361,000 26.2%
Services and Supplies 3,521,985 3,651,621 320,357 991,347 27.1%
Insurance and Other Chargebacks 898 - 0.0%
Miscellaneous 12,882 10,000 5,940 6,389 63.9%
Capital Outlay 121,728 357,520 116,400 124,090 34.7%
Interfund Transfers 322,362 438,462 26,864 107,454 24.5%
Debt Service 666 - 0.0%
Depreciation Expense 26,783 - 0.0%
Expenses Total 5,078,508 5,837,705 555,893 1,590,279 27.2%
Net 559,718 116,095 (276,281) 391,575
Beginning Fund Balance (1,099,249) (539,531) (539,531) Fund Balance %
Ending Fund Balance (539,531) (423,436) (147,956) -2.5%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
175 GENERAL ASSISTANCE FUND Target = 33%
Revenue
Property Taxes 903,910 1,080,000 18,334 483,091 44.7%
Interest Income 15,380 1,000 202 1,772 177.2%
Other Revenue 21,723 27,500 20,589 20,589 74.9%
Revenue Total 941,013 1,108,500 39,125 505,452 45.6%
Expenses
Salary and Benefits 385,919 442,866 33,050 131,879 29.8%
Services and Supplies 788,429 865,982 68,156 235,525 27.2%
Miscellaneous 5,319 7,000 (120) (90) -1.3%
Expenses Total 1,179,667 1,315,848 101,086 367,313 27.9%
Net (238,654) (207,348) (61,961) 138,139
Beginning Fund Balance 601,694 363,040 363,040 Fund Balance %
Ending Fund Balance 363,040 155,692 501,179 38.1%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
176 HUMAN SERVICES FUND Target = 33%
Revenue
Interest Income 163 - 58 153 100.0%
Other Revenue 70,006 8,000 1,600 20.0%
Interfund Transfers 828,471 100,000 8,333 33,333 33.3%
Intergovernmental Revenue - 155,000 5,833 23,333 15.1%
Property Taxes 3,110,000 1,947,000 62.6%
Revenue Total 898,640 3,373,000 14,225 2,005,420 59.5%
Expenses
Salary and Benefits 1,342 1,609,824 67,600 228,992 14.2%
Services and Supplies 125,894 1,346,243 40,977 54,124 4.0%
Miscellaneous 265,000 215 972 0.4%
Community Sponsored Organizations 754,291 143,333 168,449 193,503 135.0%
Interfund Transfers 3,352 279 1,117 33.3%
Expenses Total 881,526 3,367,752 277,519 478,708 14.2%
Net 17,114 5,248 (263,295) 1,526,711
Beginning Fund Balance 13,645 30,759 30,759 Fund Balance %
Ending Fund Balance 30,759 36,007 1,557,470 46.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
177 REPARATIONS FUND Target = 33%
Revenue
Other Taxes - 250,000 - 0.0%
Other Revenue 1,335 - 25 3,975 100.0%
Revenue Total 1,335 250,000 25 3,975 1.6%
Expenses
Miscellaneous 250,000 - 0.0%
Expenses Total 250,000 - 0.0%
Net 1,335 - 25 3,975
Beginning Fund Balance - 1,335 1,335 Fund Balance %
Ending Fund Balance 1,335 1,335 5,310 2.1%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
180 GOOD NEIGHBOR FUND Target = 33%
Revenue
Interest Income 4,307 2,000 192 1,303 65.2%
Other Revenue 1,000,000 1,000,000 1,000,000 100.0%
Revenue Total 1,004,307 1,002,000 192 1,001,303 99.9%
Expenses
Services and Supplies 583 - 55 211 100.0%
Miscellaneous 125,781 125,000 1,422 2,134 1.7%
Interfund Transfers 630,000 875,000 72,500 290,000 33.1%
Expenses Total 756,364 1,000,000 73,977 292,346 29.2%
Net 247,943 2,000 (73,785) 708,958
Beginning Fund Balance 4,602 252,545 252,545 Fund Balance %
Ending Fund Balance 252,545 254,545 961,502 96.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
185 LIBRARY FUND Target = 33%
Revenue
Property Taxes 6,739,362 7,252,000 137,061 3,610,276 49.8%
Interest Income 108,898 15,000 6,680 36,570 243.8%
Other Revenue 405,427 590,000 2,254 50,539 8.6%
Interfund Transfers 195,000 275,948 5,833 23,333 8.5%
Charges for Services 445 - 11 65 100.0%
Fines and Forfeitures 84,204 60,000 403 10,463 17.4%
Intergovernmental Revenue 300,330 108,000 25,920 24.0%
Library Revenue 122,317 207,000 2,769 17,775 8.6%
Revenue Total 7,955,983 8,507,948 155,010 3,774,941 44.4%
Expenses
Salary and Benefits 5,038,913 5,831,013 416,897 1,679,819 28.8%
Services and Supplies 1,908,941 2,274,890 153,584 645,208 28.4%
Capital Outlay 2,353 12,500 - 0.0%
Interfund Transfers 437,787 354,375 29,531 118,125 33.3%
Miscellaneous 1,500 - 0.0%
Expenses Total 7,389,495 8,472,778 600,012 2,443,153 28.8%
Net 566,488 35,170 (445,002) 1,331,788
Beginning Fund Balance 1,503,155 2,069,643 2,069,643 Fund Balance %
Ending Fund Balance 2,069,643 2,104,813 3,401,431 40.1%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
186 LIBRARY DEBT SERVICE FUND Target = 33%
Revenue
Property Taxes 350,000 480,144 - 240,000 50.0%
Revenue Total 350,000 480,144 - 240,000 50.0%
Expenses
Debt Service 353,438 480,144 - 0.0%
Expenses Total 353,438 480,144 - 0.0%
Net (3,438) - - 240,000
Beginning Fund Balance 4,582 1,144 1,144 Fund Balance %
Ending Fund Balance 1,144 1,144 241,144 50.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
187 LIBRARY CAPITAL IMPROVEMENT FD Target = 33%
Revenue
Other Revenue 2,221,274 543,000 - - 0.0%
Revenue Total 2,221,274 543,000 - - 0.0%
Expenses
Services and Supplies 22,462 - 0.0%
Interfund Transfers 1,250,000 - 0.0%
Capital Outlay 538,877 543,000 - - 0.0%
Expenses Total 1,811,339 543,000 - - 0.0%
Net 409,934 - - -
Beginning Fund Balance 968,549 1,378,483 1,378,483 Fund Balance %
Ending Fund Balance 1,378,483 1,378,483 1,378,483 253.9%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
200 MOTOR FUEL TAX FUND Target = 33%
Revenue
Interest Income 47,204 12,000 2,283 12,253 102.1%
Intergovernmental Revenue 2,443,580 3,220,400 237,276 1,025,140 31.8%
Revenue Total 2,490,784 3,232,400 239,558 1,037,394 32.1%
Expenses
Interfund Transfers 982,897 1,044,987 87,082 348,329 33.3%
Capital Outlay 874,910 1,450,000 - 19,560 1.3%
Services and Supplies 990,000 16,399 360,168 36.4%
Expenses Total 1,857,806 3,484,987 103,481 728,057 20.9%
Net 632,978 (252,587) 136,078 309,336
Beginning Fund Balance 2,036,054 2,669,032 2,669,032 Fund Balance %
Ending Fund Balance 2,669,032 2,416,445 2,978,368 85.5%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
205 EMERGENCY TELEPHONE (E911) FUND Target = 33%
Revenue
Interest Income 19,739 7,000 554 4,150 59.3%
Other Revenue - - 0.0%
Other Taxes 1,468,418 1,321,600 251,311 508,043 38.4%
Intergovernmental Revenue 240,821 60,205 25.0%
Revenue Total 1,488,157 1,569,421 251,865 572,398 36.5%
Expenses
Salary and Benefits 613,443 634,981 49,765 198,687 31.3%
Services and Supplies 268,859 374,000 14,430 60,803 16.3%
Interfund Transfers 74,034 260,000 21,667 86,667 33.3%
Capital Outlay 4,698 534,163 66,668 12.5%
Insurance and Other Chargebacks 18,229 18,230 1,519 6,076 33.3%
Expenses Total 979,263 1,821,374 87,381 418,901 23.0%
Net 508,895 (251,953) 164,484 153,498
Beginning Fund Balance 762,065 1,270,960 1,270,960 Fund Balance %
Ending Fund Balance 1,270,960 1,019,007 1,424,457 78.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
210 SPECIAL SERVICE AREA (SSA) #9 Target = 33%
Revenue
Interest Income 63 - 0.0%
Property Taxes 447,638 592,665 - - 0.0%
Revenue Total 447,701 592,665 - - 0.0%
Expenses
Services and Supplies 447,058 592,665 - - 0.0%
Expenses Total 447,058 592,665 - - 0.0%
Net 642 - - -
Beginning Fund Balance (226,836) (226,194) (226,194) Fund Balance %
Ending Fund Balance (226,194) (226,194) (226,194) -38.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
215 CDBG FUND Target = 33%
Revenue
Other Revenue 790 - 0.0%
Intergovernmental Revenue 1,840,947 1,963,875 8,002 8,002 0.4%
Revenue Total 1,841,737 1,963,875 8,002 8,002 0.4%
Expenses
Salary and Benefits 413,937 491,382 33,603 132,315 26.9%
Services and Supplies 7,416 61,450 1,475 6,814 11.1%
Miscellaneous 97,066 1,360,648 - 0.0%
Interfund Transfers 27,988 2,165 180 722 33.3%
Capital Outlay 654,902 - 0.0%
Community Sponsored Organizations 325,773 30,000 8,002 26.7%
Insurance and Other Chargebacks 314,712 18,230 1,519 6,076 33.3%
Expenses Total 1,841,793 1,963,875 36,777 153,929 7.8%
Net (56) - (28,776) (145,927)
Beginning Fund Balance 63,353 63,297 63,297 Fund Balance %
Ending Fund Balance 63,297 63,297 (82,630) -4.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
220 CDBG LOAN FUND Target = 33%
Revenue
Interest Income 9,096 - 90 1,866 100.0%
Other Revenue 47,376 175,000 1,098 18,636 10.6%
Revenue Total 56,473 175,000 1,189 20,502 11.7%
Expenses
Services and Supplies 674 175,000 13,728 61,326 35.0%
Miscellaneous 1,607 9 100.0%
Expenses Total 2,281 175,000 13,728 61,334 35.0%
Net 54,192 - (12,540) (40,832)
Beginning Fund Balance 173,194 227,386 227,386 Fund Balance %
Ending Fund Balance 227,386 227,386 186,554 106.6%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
235 NEIGHBORHOOD IMPROVEMENT - 0.0%
Revenue - 0.0%
Interest Income 904 - 32 260 100.0%
Revenue Total 904 - 32 260 100.0%
Expenses
Services and Supplies 113 - 9 38 100.0%
Interfund Transfers - - 0.0%
Expenses Total 113 - 9 38 100.0%
Net 791 - 23 222
Beginning Fund Balance 171,074 171,864 171,864 Fund Balance %
Ending Fund Balance 171,864 171,864 172,086 N/A
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
240 HOME FUND Target = 33%
Revenue
Interest Income 5,071 150 2 64 42.9%
Other Revenue 22,515 25,000 2,282 9,128 36.5%
Intergovernmental Revenue 232,564 634,528 38,984 63,689 10.0%
Revenue Total 260,149 659,678 41,268 72,882 11.0%
Expenses
Salary and Benefits 24,899 35,719 1,080 3.0%
Services and Supplies 220,288 622,565 38,989 64,300 10.3%
Miscellaneous 290 500 - 0.0%
Insurance and Other Chargebacks 14,471 894 75 298 33.3%
Expenses Total 259,948 659,678 39,063 65,678 10.0%
Net 201 - 2,205 7,204
Beginning Fund Balance 7,324 7,525 7,525 Fund Balance %
Ending Fund Balance 7,525 7,525 14,729 2.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
250 AFFORDABLE HOUSING FUND Target = 33%
Revenue
Interest Income 41,126 16,581 2,533 18,951 114.3%
Other Revenue 2,737,534 130,600 417 32,917 25.2%
Other Taxes 63,000 75,000 - 0.0%
Intergovernmental Revenue 11,013 - 0.0%
Revenue Total 2,852,672 222,181 2,950 51,868 23.3%
Expenses
Salary and Benefits 127,835 142,316 8,409 35,261 24.8%
Services and Supplies 81,022 1,478,550 13,754 15,354 1.0%
Miscellaneous 52,881 57,500 5,531 7,856 13.7%
Insurance and Other Chargebacks 11,785 5,000 - 0.0%
Community Sponsored Organizations 15,267 20,000 2,408 6,432 32.2%
Capital Outlay 3,434 10,000 400 4.0%
Expenses Total 292,224 1,713,366 30,102 65,301 3.8%
Net 2,560,447 (1,491,185) (27,153) (13,433)
Beginning Fund Balance 1,365,155 3,925,602 3,925,602 Fund Balance %
Ending Fund Balance 3,925,602 2,434,417 3,912,169 228.3%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
320 DEBT SERVICE FUND Target = 33%
Revenue
Property Taxes 10,581,996 12,521,931 222,721 5,623,027 44.9%
Other Revenue 135,486 - 0.0%
Interfund Transfers 4,390,093 3,319,053 276,588 1,106,351 33.3%
Interest Income 152,581 1,500 2,393 7,134 475.6%
Intergovernmental Revenue - - 0.0%
Revenue Total 15,260,156 15,842,484 501,702 6,736,511 42.5%
Expenses
Services and Supplies 7,034 - 0.0%
Debt Service 15,253,672 15,840,981 - 0.0%
Expenses Total 15,260,706 15,840,981 - 0.0%
Net (550) 1,503 501,702 6,736,511
Beginning Fund Balance 417,981 417,431 417,431 Fund Balance %
Ending Fund Balance 417,431 418,934 7,153,943 45.2%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
330 HOWARD-RIDGE TIF FUND Target = 33%
Revenue
Property Taxes 680,510 695,000 8,313 373,853 53.8%
Interest Income 37,579 400 1,698 11,483 2870.9%
Other Revenue 50,375 5,366 17,974 335.0%
Revenue Total 768,465 700,766 10,010 403,311 57.6%
Expenses
Services and Supplies 591,468 368,000 156,254 42.5%
Interfund Transfers 203,112 173,113 14,426 57,704 33.3%
Capital Outlay 12,188 - 0.0%
Debt Service 49,843 - 0.0%
Insurance and Other Chargebacks 2,180 - 0.0%
Miscellaneous 1,771 424 100.0%
Expenses Total 860,562 541,113 14,426 214,383 39.6%
Net (92,097) 159,653 (4,416) 188,928
Beginning Fund Balance 2,216,862 2,124,765 2,124,765 Fund Balance %
Ending Fund Balance 2,124,765 2,284,418 2,313,693 427.6%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
335 WEST EVANSTON TIF FUND Target = 33%
Revenue
Property Taxes 710,020 722,135 8,319 337,571 46.7%
Interest Income 11,795 4,000 532 2,453 61.3%
Other Revenue 11,311 11,000 3,085 28.0%
Revenue Total 733,126 737,135 8,851 343,109 46.5%
Expenses
Services and Supplies 1,805 5,000 2 8 0.2%
Interfund Transfers 30,000 135,000 11,250 45,000 33.3%
Debt Service 611,225 - 0.0%
Capital Outlay 400,000 - 0.0%
Miscellaneous 200,000 - 0.0%
Expenses Total 643,031 740,000 11,252 45,008 6.1%
Net 90,096 (2,865) (2,402) 298,101
Beginning Fund Balance 620,380 710,476 710,476 Fund Balance %
Ending Fund Balance 710,476 707,611 1,008,577 136.3%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
340 DEMPSTER-DODGE TIF FUND Target = 33%
Revenue
Property Taxes 122,797 122,797 67,538 67,538 55.0%
Interest Income 2,094 - 87 367 100.0%
Interfund Transfers 100,000 8,333 33,333 33.3%
Revenue Total 124,891 222,797 75,958 101,239 45.4%
Expenses
Services and Supplies 1,061 2,000 0 1 0.1%
Interfund Transfers 70,870 165,870 13,823 55,290 33.3%
Expenses Total 71,931 167,870 13,823 55,291 32.9%
Net 52,960 54,927 62,136 45,948
Beginning Fund Balance 54,843 107,803 107,803 Fund Balance %
Ending Fund Balance 107,803 162,730 153,751 91.6%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
345 CHICAGO-MAIN TIF Target = 33%
Revenue
Property Taxes 603,848 607,043 304,681 50.2%
Interest Income 10,673 - 458 38,514 100.0%
Revenue Total 614,522 607,043 458 343,195 56.5%
Expenses
Services and Supplies 1,067 5,000 2 7 0.1%
Interfund Transfers 100,610 318,820 21,718 86,870 27.2%
Capital Outlay 430,000 - 0.0%
Expenses Total 101,677 753,820 21,720 86,877 11.5%
Net 512,844 (146,777) (21,262) 256,318
Beginning Fund Balance 173,909 686,753 686,753 Fund Balance %
Ending Fund Balance 686,753 539,976 943,071 125.1%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
350 SPECIAL SERVICE AREA (SSA) #6 Target = 33%
Revenue
Interest Income 2,304 500 39 90 18.0%
Property Taxes 223,306 221,000 1,303 122,926 55.6%
Revenue Total 225,611 221,500 1,342 123,016 55.5%
Expenses
Services and Supplies 223,368 221,500 0 0 0.0%
Expenses Total 223,368 221,500 0 0 0.0%
Net 2,243 - 1,342 123,016
Beginning Fund Balance 3,099 5,342 5,342 Fund Balance %
Ending Fund Balance 5,342 5,342 128,358 57.9%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
415 CAPITAL IMPROVEMENTS FUND Target = 33%
Revenue
Other Revenue 8,475,837 12,192,000 (278) 19,469 0.2%
Interfund Transfers 198,181 320,000 26,667 106,667 33.3%
Interest Income 291,706 50,000 8,280 57,263 114.5%
Intergovernmental Revenue 894,216 510,000 - 0.0%
Charges for Services 84,261 - 0.0%
Revenue Total 9,944,202 13,072,000 34,669 183,399 1.4%
Expenses
Salary and Benefits 664,469 671,344 52,920 211,660 31.5%
Services and Supplies 2,212,654 - 202,181 247,755 100.0%
Capital Outlay 8,001,288 16,380,537 405,450 1,014,748 6.2%
Interfund Transfers 303,644 - - 0.0%
Miscellaneous 150 - 0.0%
Expenses Total 11,182,204 17,051,881 660,550 1,474,163 8.6%
Net (1,238,002) (3,979,881) (625,881) (1,290,763)
Beginning Fund Balance 13,898,248 12,660,246 12,660,246 Fund Balance %
Ending Fund Balance 12,660,246 8,680,365 11,369,482 66.7%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
416 CROWN CONSTRUCTION FUND Target = 33%
Revenue
Other Revenue 21,732,046 1,000,000 1,000,000 100.0%
Interest Income 530,368 50,000 8,589 71,414 142.8%
Intergovernmental Revenue - - 0.0%
Interfund Transfers 1,000,000 3,000,000 - 0.0%
Revenue Total 23,262,413 4,050,000 8,589 1,071,414 26.5%
Expenses
Services and Supplies 1,061,075 460,000 60,073 94,205 20.5%
Capital Outlay 31,777,910 7,870,000 860,878 2,701,557 34.3%
Interfund Transfers 302,813 - - 0.0%
Expenses Total 33,141,798 8,330,000 920,951 2,795,762 33.6%
Net (9,879,384) (4,280,000) (912,363) (1,724,348)
Beginning Fund Balance 17,525,535 7,646,151 7,646,151 Fund Balance %
Ending Fund Balance 7,646,151 3,366,151 5,921,803 71.1%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
417 CROWN COMMUNITY CTR MAINTENANCE Target = 33%
Revenue
Interfund Transfers - 175,000 14,583 58,333 33.3%
Revenue Total - 175,000 14,583 58,333 33.3%
Expenses
Capital Outlay - - - - 0.0%
Expenses Total - - - - 0.0%
Net - 175,000 14,583 58,333
Beginning Fund Balance - - - - Fund Balance %
Ending Fund Balance - 175,000 14,583 58,333 N/A
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
420 SPECIAL ASSESSMENT FUND Target = 33%
Revenue
Other Revenue 305,146 250,000 - 0.0%
Special Assessment 214,776 125,000 4,619 95,247 76.2%
Interest Income 79,818 38,000 1,943 13,079 34.4%
Revenue Total 599,740 413,000 6,563 108,326 26.2%
Expenses
Salary and Benefits 1,172 - 0.0%
Services and Supplies 3,120 - 5 20 100.0%
Interfund Transfers 286,955 457,930 39,828 159,310 34.8%
Capital Outlay 1,477 500,000 - 0.0%
Expenses Total 292,724 957,930 39,833 159,330 16.6%
Net 307,017 (544,930) (33,270) (51,004)
Beginning Fund Balance 2,620,789 2,927,806 2,927,806 Fund Balance %
Ending Fund Balance 2,927,806 2,382,876 2,876,802 300.3%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
505 PARKING SYSTEM FUND Target = 33%
Revenue
Licenses, Permits and Fees 79,053 75 100.0%
Charges for Services 10,298,674 12,638,475 306,366 3,122,135 24.7%
Interest Income 113,897 20,000 1,307 8,700 43.5%
Other Revenue 484,328 356,700 17,317 140,611 39.4%
Revenue Total 10,975,952 13,015,175 324,990 3,271,521 25.1%
Expenses
Salary and Benefits 1,758,187 1,756,950 131,353 498,816 28.4%
Services and Supplies 4,505,080 4,913,316 358,391 1,844,261 37.5%
Insurance and Other Chargebacks 333,968 350,667 29,222 116,889 33.3%
Miscellaneous 51,935 100,000 - 0.0%
Contingencies - - 0.0%
Capital Outlay 50,801 1,575,000 - 130,782 8.3%
Interfund Transfers 3,162,807 4,631,907 260,992 1,043,969 22.5%
Debt Service 1,006 34,354 - 0.0%
Depreciation Expense 2,694,291 - 0.0%
Expenses Total 12,558,075 13,362,194 779,958 3,634,717 27.2%
Net (1,582,122) (347,019) (454,969) (363,196)
Beginning Fund Balance 3,958,112 2,375,990 2,375,990 Fund Balance %
Ending Fund Balance 2,375,990 2,028,971 2,012,794 15.1%
510 WATER FUND
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
Target = 33%
Revenue
Charges for Services 16,810,050 23,068,270 1,388,167 5,613,075 24.3%
Interest Income 734,037 70,000 92,687 338,283 483.3%
Licenses, Permits and Fees 51,805 50,000 9,000 24,991 50.0%
Other Revenue 448,762 24,935,200 278,763 2,506,405 10.1%
Revenue Total 18,044,655 48,123,470 1,768,617 8,482,753 17.6%
Expenses
Salary and Benefits 5,374,057 5,774,506 443,380 1,791,492 31.0%
Services and Supplies 3,196,372 5,794,210 629,980 1,166,066 20.1%
Insurance and Other Chargebacks 500,523 1,513,955 42,830 171,318 11.3%
Capital Outlay 168,327 30,785,000 870,763 2,210,671 7.2%
Debt Service 924,577 2,291,201 33,752 33,752 1.5%
Interfund Transfers 3,932,313 3,972,140 331,012 1,324,047 33.3%
Miscellaneous 300 15,000 - 0.0%
Contingencies 1,000 1,000 - 0.0%
Depreciation Expense 2,648,980 - 0.0%
Expenses Total 16,746,450 50,147,012 2,351,716 6,697,346 13.4%
Net 1,298,205 (2,023,542) (583,100) 1,785,407
Beginning Fund Balance 1,770,493 3,068,698 3,068,698 Fund Balance %
Ending Fund Balance 3,068,698 1,045,156 4,854,105 9.7%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
515 SEWER FUND Target = 33%
Revenue
Charges for Services 10,780,345 10,410,200 768,801 3,107,240 29.8%
Interest Income 39,012 25,000 723 8,219 32.9%
Other Revenue 14,594 3,601,000 - 0.0%
Revenue Total 10,833,951 14,036,200 769,524 3,115,460 22.2%
Expenses
Salary and Benefits 1,305,839 1,373,834 106,435 411,132 29.9%
Services and Supplies 249,225 1,462,150 343,973 358,241 24.5%
Insurance and Other Chargebacks 282,082 306,557 25,546 102,186 33.3%
Miscellaneous 2,288 1,500 1,333 88.9%
Capital Outlay (10,482) 3,432,000 - - 0.0%
Interfund Transfers 1,773,532 2,337,531 69,794 279,177 11.9%
Debt Service 796,129 5,803,653 367,256 1,589,611 27.4%
Depreciation Expense 3,681,927 - 0.0%
Expenses Total 8,080,540 14,717,225 913,005 2,741,681 18.6%
Net 2,753,411 (681,025) (143,480) 373,779
Beginning Fund Balance 2,224,561 4,977,972 4,977,972 Fund Balance %
Ending Fund Balance 4,977,972 4,296,947 5,351,751 36.4%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
520 SOLID WASTE FUND Target = 33%
Revenue
Property Taxes 820,000 1,332,500 666,000 50.0%
Charges for Services 4,238,116 4,202,300 277,827 1,210,264 28.8%
Other Revenue 129,377 122,000 885 30,182 24.7%
Interfund Transfers 150,000 - 0.0%
Licenses, Permits and Fees 300,733 297,000 900 75,409 25.4%
Revenue Total 5,638,226 5,953,800 279,612 1,981,855 33.3%
Expenses
Salary and Benefits 1,071,205 1,380,102 86,333 361,000 26.2%
Services and Supplies 3,521,985 3,651,621 320,357 991,347 27.1%
Insurance and Other Chargebacks 898 - 0.0%
Miscellaneous 12,882 10,000 5,940 6,389 63.9%
Capital Outlay 121,728 357,520 116,400 124,090 34.7%
Interfund Transfers 322,362 438,462 26,864 107,454 24.5%
Debt Service 666 - 0.0%
Depreciation Expense 26,783 - 0.0%
Expenses Total 5,078,508 5,837,705 555,893 1,590,279 27.2%
Net 559,718 116,095 (276,281) 391,575
Beginning Fund Balance (1,099,249) (539,531) (539,531) Fund Balance %
Ending Fund Balance (539,531) (423,436) (147,956) -2.5%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
600 FLEET SERVICES FUND Target = 33%
Revenue
Charges for Services 2,950,416 3,070,012 255,835 1,023,338 33.3%
Other Revenue 17,770 81,781 3,872 10,165 12.4%
Interest Income - 1,000 - 0.0%
Revenue Total 2,968,186 3,152,793 259,706 1,033,503 32.8%
Expenses
Salary and Benefits 1,064,594 1,126,544 85,109 334,906 29.7%
Services and Supplies 1,933,702 2,034,507 175,481 527,011 25.9%
Miscellaneous 600 - 0.0%
Interfund Transfers 35,114 - 0.0%
Insurance and Other Chargebacks 23,432 - 1,736 7,566 100.0%
Contingencies 23,583 - 0.0%
Capital Outlay 2,904 4 4 100.0%
Expenses Total 3,083,928 3,161,051 262,329 869,487 27.5%
Net (115,741) (8,258) (2,623) 164,016
Beginning Fund Balance 231,216 115,475 115,475 Fund Balance %
Ending Fund Balance 115,475 107,216 279,491 8.8%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
601 EQUIPMENT REPLACEMENT FUND Target = 33%
Revenue
Charges for Services 1,309,733 1,479,424 123,285 493,142 33.3%
Interest Income 3,103 - 26 400 100.0%
Other Revenue 31,618 870,217 12,600 12,780 1.5%
Revenue Total 1,344,454 2,349,641 135,911 506,322 21.5%
Expenses
Services and Supplies 36,082 - 35,671 35,707 100.0%
Capital Outlay - 2,660,000 324,795 1,188,443 44.7%
Depreciation Expense 1,490,126 - 0.0%
Expenses Total 1,526,208 2,660,000 360,466 1,224,151 46.0%
Net (181,754) (310,359) (224,555) (717,828)
Beginning Fund Balance 1,086,704 904,950 904,950 Fund Balance %
Ending Fund Balance 904,950 594,591 187,122 7.0%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
605 INSURANCE FUND Target = 33%
Revenue
Other Revenue 10,275,414 10,716,597 852,164 3,397,177 31.7%
Charges for Services 101 296 100.0%
Interfund Transfers - 1,000,000 - 0.0%
Insurance 5,933,093 6,390,189 488,592 1,903,421 29.8%
Workers Compensation and Liability 3,001,812 2,916,362 282,216 1,134,163 38.9%
Interest Income - - 0.0%
Revenue Total 19,210,420 21,023,148 1,622,972 6,435,057 30.6%
Expenses
Salary and Benefits 561,984 657,995 43,807 175,930 26.7%
Services and Supplies 7,267,647 2,669,200 136,438 1,001,647 37.5%
Insurance and Other Chargebacks 14,169,625 16,110,089 1,549,753 5,673,477 35.2%
Interfund Transfers 10,114 - 0.0%
Miscellaneous 300 - 0.0%
Expenses Total 22,009,670 19,437,284 1,729,998 6,851,054 35.2%
Net (2,799,251) 1,585,864 (107,026) (415,997)
Beginning Fund Balance (8,793,847) (11,593,098) (11,593,098) Fund Balance %
Ending Fund Balance (11,593,098) (10,007,234) (12,009,095) -61.8%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
700 FIRE PENSION FUND Target = 33%
Revenue
Other Revenue 21,901,059 11,378,503 244,625 (2,261,448) -19.9%
Interfund Transfers - 20,000 - 0.0%
Interest Income 2,050,406 2,500,000 160,091 6.4%
Other Taxes - - 0.0%
Revenue Total 23,951,465 13,898,503 244,625 (2,101,357) -15.1%
Expenses
Salary and Benefits 9,722,353 9,976,897 833,816 3,334,046 33.4%
Miscellaneous 203,188 100,000 25,756 25.8%
Expenses Total 9,925,541 10,076,897 833,816 3,359,802 33.3%
Net 14,025,923 3,821,606 (589,192) (5,461,159)
Beginning Fund Balance 75,781,118 89,807,041 89,807,041 Fund Balance %
Ending Fund Balance 89,807,041 93,628,647 84,345,882 837.0%
2019 Actual 2020 Budget April 2020 YTD 2020 % YTD to Budget
705 POLICE PENSION FUND Target = 33%
Revenue
Interest Income 3,134,491 3,500,000 287,040 8.2%
Other Revenue 34,340,999 17,343,068 282,584 (4,884,162) -28.2%
Other Taxes - - 0.0%
Revenue Total 37,475,490 20,843,068 282,584 (4,597,123) -22.1%
Expenses
Salary and Benefits 12,574,748 13,124,007 1,115,235 4,403,484 33.6%
Miscellaneous 345,959 325,000 86,969 26.8%
Expenses Total 12,920,706 13,449,007 1,115,235 4,490,454 33.4%
Net 24,554,784 7,394,061 (832,651) (9,087,576)
Beginning Fund Balance 116,755,057 141,309,841 141,309,841 Fund Balance %
Ending Fund Balance 141,309,841 148,703,902 132,222,264 983.1%