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HomeMy WebLinkAbout2024.09 September Monthly Report To: Luke Stowe, City Manager From: Hitesh Desai, CFO/City Treasurer Subject: September 2024 Monthly Financial Report Date: October 25, 2024 Please find attached the financial statements as of September 30, 2024. A summary by fund for revenues, expenditures, fund, and cash balances is as follows. City of Evanston Cash & Investment Summary by Fund September 30, 2024 Fund #Fund Revenue Expense Net Fund Balance Cash Balance 100 General 118,982,139 113,441,437 5,540,702 54,607,174 49,675,159 170 American Rescue Plan 1,095,043 5,849,608 (4,754,565) (2,719,594) 20,560,574 175 General Assistance 1,132,560 895,243 237,317 1,532,162 1,532,569 176 Human Services 3,996,956 3,936,807 60,149 2,449,159 2,449,159 177 Reparations 1,028,157 2,447,668 (1,419,512) 134,564 134,564 178 Sustainability 1,057,085 730,868 326,217 1,113,517 1,113,517 180 Good Neighbor 3,270,896 1,750,867 1,520,029 1,708,354 1,708,354 185 Library 8,977,432 6,254,828 2,722,604 7,549,375 7,551,730 186 Library Debt Service 574,676 110,642 464,034 466,815 466,815 187 Library Capital Improvement FD - 110,060 (110,060) (598,573) (598,573) 200 MFT 2,848,486 2,272,064 576,422 6,860,626 6,555,760 205 E911 1,232,309 1,202,980 29,329 1,590,103 1,228,803 210 Special Service Area (SSA) #9 617,705 325,032 292,673 305,925 305,924 215 CDBG 349,738 1,256,069 (906,331) (847,008) (45,799) 220 CD Loan 24,444 57,103 (32,658) 358,306 358,307 235 Neighborhood Improvement 543 1 541 23,426 23,426 240 Home 119,838 114,163 5,674 13,529 13,529 250 Affordable Housing 1,653,418 182,825 1,470,593 4,241,219 4,396,286 320 Debt Service 14,779,512 2,424,375 12,355,137 15,260,173 15,260,173 330 Howard Ridge 1,374,814 1,265,693 109,121 1,945,958 1,931,732 335 West Evanston 2,140,909 831,241 1,309,668 3,526,702 3,526,644 340 Dempster-Dodge-TIF 522,599 145,498 377,101 1,025,359 1,025,301 345 Chicago Main-TIF 1,291,028 507,309 783,719 1,005,765 1,005,706 350 Special Service Area (SSA) #6 228,704 101,639 127,065 161,291 383,153 355 Special Service Area (SSA) #7 141,390 71,826 69,564 83,900 83,899 360 Special Service Area (SSA) #8 58,358 30,974 27,384 34,536 34,536 365 Five-Fifth TIF 1,085,141 330,189 754,951 617,562 617,504 415 Capital Improvements 20,641,345 11,115,740 9,525,605 1,352,195 10,138,418 416 Crown Construction 993,234 583,890 409,344 5,213,450 5,213,451 417 Crown Community CTR Maintenance 131,247 - 131,247 796,288 796,288 420 Special Assessment 147,614 170,622 (23,009) 540,049 540,049 505 Parking 8,126,102 7,628,183 497,919 3,032,989 2,454,001 510-513 Water 41,626,319 32,523,497 9,102,822 14,533,873 10,948,709 515 Sewer 7,143,788 4,862,825 2,280,963 10,868,237 8,780,253 520 Solid Waste 5,369,805 4,674,470 695,335 3,626,487 2,314,341 600 Fleet 3,252,568 2,767,180 485,387 1,867,012 334,919 601 Equipment Replacement 1,974,423 1,208,613 765,810 4,215,788 1,725,334 605 Insurance 16,096,958 15,699,632 397,326 3,687,458 5,021,618 Memorandum 3 Please note that the attached supporting documents have been updated to show further fund and department analysis. Included above are ending fund and cash balances as of September 30, 2024. 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 There is a three (3) months lag in some of the state distributed revenues like Sales Tax, Home Rule Sales Tax, Use Tax and Telecommunication Tax. The financials as of September 30, 2024, show the General Fund with a fund balance of $54,607,174 and cash balance of $49,675,159. General Fund revenues are at 89% and expenses at 79%. Revenues are at 82% largely due to second installment property taxes and permit revenues from the stadium project. Through September, the City has received $10,819,765 of permit revenue from the Ryan Field Northwestern stadium project. Since permit revenue from this project was not included as part of the FY 2024 budget, the City Council has recommended that these funds remain in the General Fund and be used to cover budgeted deficits in FY 2025. FY 2024 Actual Revenues (Through 09/30/2024) Account Description 100 GENERAL FUND 177 REPARATIONS FUND 700 FIRE PENSION FUND 705 POLICE PENSION FUND Grand Total BUILDING PERMITS 14,980,663 - - - 14,980,663 STATE INCOME TAX 10,458,444 - - - 10,458,444 PROPERTY TAXES 8,803,031 - - - 8,803,031 SALES TAX - BASIC 7,728,211 - - - 7,728,211 RECREATION PROGRAM FEES 6,142,894 - - - 6,142,894 SALES TAX - HOME RULE 5,954,832 - - - 5,954,832 ELECTRIC UTILITY TAX 2,188,325 - 2,188,325 TICKET FINES-PARKING 2,672,943 - - 2,672,943 WHEEL TAX 2,256,136 - - 2,256,136 PARKING TAX 2,204,085 - - - 2,204,085 LIQUOR TAX 2,185,086 - - - 2,185,086 REAL ESTATE TRANSFER TAX 1,053,649 1,000,000 2,053,649 AMBULANCE SERVICE 1,894,938 1,894,938 MUNICIPAL HOTEL TAX 1,768,154 1,768,154 PERSONAL PROPERTY REPLACEMENT TAX 1,640,830 1,640,830 4 General Fund Expenses by Category Through September 30, 2024, Police spent 86% of budget for overtime, and Fire spent 88% of the annual budget. Overtime Expenses 2023 Actual 2024 Budget 2024 YTD % Budget Police $1,862,988 $ 1,736,349 1,498,012 86% Fire $1,005,238 $ 1,084,000 956,839 88% Enterprise Funds Through September 30, 2024, the Water Fund is showing a fund balance of $14,533,873 and a cash balance of $10,948,709. Capital projects funded by IEPA loans have begun. These projects are budgeted in Other Revenue and expenses in Capital Outlay. Other Funds Through September 30, 2024, the Capital Improvements Fund is showing a fund balance of $1,352,195 and a cash balance of $10,138,418. Through September 30, 2024, the Fleet Fund is showing a fund balance of $1,867,012 and a cash balance of $334,919. This difference is largely a result of inventory on hand that is reflected as an asset in the fund balance but reduced from the cash balance. Through September 30, 2024, the Insurance Fund is showing a fund balance of $3,687,458 and a cash balance of $5,021,618. If there are any questions on the attached report, please contact me by phone at (847) 448-8082 or by email: hdesai@cityofevanston.org. For additional financial reports, please visit: https://www.cityofevanston.org/government/transparency/budget-financial-reports General Fund 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget Expenses Salary and Benefits 88,012,393 63,269,086 72%75,748,150 58,824,252 78% Insurance and Other Chargebacks 29,518,684 28,411,561 96%28,934,436 19,269,021 67% Services and Supplies 19,446,153 14,604,993 75%16,965,457 13,714,418 81% Interfund Transfers 4,887,100 3,721,912 76%4,248,750 6,466,766 152% Capital Outlay 272,000 2,796,821 1028%694,500 234,151 34% Miscellaneous 1,545,213 616,302 40%617,822 295,400 48% Community Sponsored Organizations 120,000 20,505 17%120,000 55,264 46% Contingencies 126,000 257 0%408,500 126,283 31% Expenses Total 143,927,543 113,441,437 79%127,737,614 98,985,554 77% 5 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 September 30, 2024 year-to-date financial information and reports which to the best of my knowledge appear accurate and complete. 6 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 100 GENERAL FUND Revenue Interfund Transfers 9,623,390 6,509,741 68%7,733,949 5,800,455 75% Interest Income 500,000 1,569,972 314%55,000 1,207,679 2196% Other Revenue 1,301,500 1,189,318 91%1,168,600 1,208,805 103% Charges for Services 11,655,200 8,778,849 75%8,785,075 8,071,565 92% Fines and Forfeitures 3,725,000 2,968,708 80%3,632,500 3,086,422 85% Intergovernmental Revenue 3,966,034 2,971,803 75%3,116,184 2,895,404 93% Licenses, Permits and Fees 7,336,450 17,402,236 237%7,543,450 5,902,978 78% Other Taxes 66,300,000 49,137,248 74%56,570,000 49,037,901 87% Property Taxes 29,047,402 28,454,263 98%29,047,402 16,682,037 57% Revenue Total 133,454,976 118,982,139 89% 117,652,160 93,893,247 80% Expenses 12 LEGISLATIVE - 4,687 - 2,608 13 CITY COUNCIL 594,133 438,097 74%658,324 444,127 67% 14 CITY CLERK 535,355 281,152 53%360,108 253,359 70% 15 CITY MANAGER'S OFFICE 10,177,532 6,357,079 62%8,143,075 8,655,039 106% 17 LAW 1,354,786 886,529 65%988,558 820,167 83% 19 ADMINISTRATIVE SERVICES 15,148,003 9,948,254 66%12,537,670 9,738,391 78% 21 COMMUNITY DEVELOPMENT 4,687,076 2,859,675 61%4,183,421 2,525,181 60% 22 POLICE 35,221,511 25,142,068 71%29,214,097 24,046,817 82% 23 FIRE MGMT & SUPPORT 22,110,663 16,759,540 76%18,689,924 15,754,000 84% 24 HEALTH 1,817,273 1,346,714 74%1,413,058 1,207,764 85% 30 PARKS AND RECREATION 14,547,351 14,178,799 97%12,751,313 9,490,074 74% 40 PUBLIC WORKS AGENCY 15,868,893 10,007,534 63%13,708,631 9,696,020 71% 99 NON-DEPARTMENTAL 21,864,968 25,231,309 115%25,089,436 16,352,008 65% Expenses Total 143,927,543 113,441,437 79% 127,737,614 98,985,554 77% 7 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 170 AMERICAN RESCUE PLAN Revenue Interest Income 50,000 1,080,500 2161%- 1,077,325 Other Revenue - 14,542 - 20,682 Intergovernmental Revenue - - - - Revenue Total 50,000 1,095,043 2190% - 1,098,007 Expenses Capital Outlay 10,188,900 2,305,793 23%800,000 746,403 93% Community Sponsored Organizations - 468,138 - - Insurance and Other Chargebacks 100,000 18,078 18%850,000 80,170 9% Interfund Transfers 1,250,000 1,667,200 133%2,600,000 1,875,032 72% Miscellaneous 10,294,191 837,670 8%18,500,000 705,910 4% Salary and Benefits - 1,031 - 351,113 Services and Supplies 3,275,000 551,697 17%- 923,925 Expenses Total 25,108,091 5,849,608 23% 22,750,000 4,682,554 21% 175 GENERAL ASSISTANCE FUND Revenue Interest Income 1,000 63,596 6360%1,000 41,965 4197% Other Revenue 27,500 5,506 20%27,500 - 0% Property Taxes 1,050,000 1,063,458 101%1,300,000 736,081 57% Revenue Total 1,078,500 1,132,560 105% 1,328,500 778,047 59% Expenses Miscellaneous 7,000 6,551 94%7,000 12,680 181% Salary and Benefits 539,408 420,221 78%488,738 381,161 78% Services and Supplies 874,482 468,471 54%864,482 394,888 46% Expenses Total 1,420,890 895,243 63% 1,360,220 788,729 58% 176 HUMAN SERVICES FUND Revenue Interest Income 6,000 51,821 864%- 49,399 Other Revenue 20,000 - 0%2,000 27,336 1367% Intergovernmental Revenue 114,000 585,135 513%114,000 340,250 298% Property Taxes 3,360,000 3,360,000 100%3,110,000 1,555,000 50% Revenue Total 3,500,000 3,996,956 114% 3,226,000 1,971,985 61% Expenses Community Sponsored Organizations 60,000 466,782 778%60,000 435,181 725% Insurance and Other Chargebacks - 18,230 - 19,313 Miscellaneous 210,000 193,103 92%213,000 210,935 99% Salary and Benefits 2,654,369 1,924,731 73%2,373,285 1,454,451 61% Services and Supplies 2,334,063 1,333,962 57%1,804,973 986,460 55% Expenses Total 5,258,432 3,936,807 75% 4,451,258 3,106,340 70% 177 REPARATIONS FUND 8 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget Revenue Interest Income 2,500 24,658 986%- 17,780 Other Revenue - 3,499 - 8,563 Intergovernmental Revenue 100,000 - 0%- 100,000 Other Taxes 1,400,000 1,000,000 71%3,400,000 2,756,994 81% Revenue Total 1,502,500 1,028,157 68% 3,400,000 2,883,336 85% Expenses Miscellaneous 3,400,000 2,342,796 69%3,400,000 1,204,964 35% Services and Supplies 101,000 104,872 104%- 1,289 Expenses Total 3,501,000 2,447,668 70% 3,400,000 1,206,254 35% 178 SUSTAINABILITY FUND Revenue Interfund Transfers 700,000 650,003 93%200,000 150,003 75% Interest Income 2,000 21,087 1054%- 9,125 Other Revenue 650,000 69,909 11%500,000 50,000 10% Intergovernmental Revenue 10,000 10,000 100% Licenses, Permits and Fees 500,000 306,086 61%500,000 361,871 72% Revenue Total 1,862,000 1,057,085 57% 1,200,000 570,999 48% Expenses Community Sponsored Organizations 500,000 - 0% Miscellaneous 525,000 75,000 14% Salary and Benefits 250,368 190,054 76%256,893 122,076 48% Services and Supplies 725,120 465,813 64%546,000 205,367 38% Expenses Total 2,000,488 730,868 37% 802,893 327,443 41% 180 GOOD NEIGHBOR FUND Revenue Interest Income 1,000 20,896 2090%- 11,395 Other Revenue 3,000,000 3,250,000 108% Revenue Total 3,001,000 3,270,896 109% - 11,395 Expenses Capital Outlay - 75,000 Interfund Transfers 3,000,000 1,500,000 50%85,000 - 0% Miscellaneous 314,000 - 0%- 450,000 Services and Supplies - 250,867 - 178 Expenses Total 3,314,000 1,750,867 53% 85,000 525,178 618% 9 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 185 LIBRARY FUND Revenue Interfund Transfers 216,999 173,570 80%250,000 166,460 67% Interest Income 25,000 258,909 1036%21,600 202,070 936% Other Revenue 405,000 158,382 39%405,000 199,888 49% Charges for Services 400 1,525 381%400 283 71% Fines and Forfeitures - (49,744) Intergovernmental Revenue 200,213 169,449 85%209,866 193,694 92% Property Taxes 8,213,664 8,106,623 99%7,535,472 4,074,827 54% Library Revenue 109,394 108,974 100%155,394 69,308 45% Revenue Total 9,170,670 8,977,432 98% 8,577,732 4,856,786 57% Expenses Capital Outlay 3,500 - 0%1,500 512 34% Insurance and Other Chargebacks - 2,531 - 5,452 Interfund Transfers 360,325 270,234 75%305,325 228,987 75% Salary and Benefits 7,264,128 4,554,130 63%6,393,544 4,154,772 65% Services and Supplies 2,313,194 1,427,933 62%2,247,673 1,392,176 62% Expenses Total 9,941,147 6,254,828 63% 8,948,042 5,781,899 65% 186 LIBRARY DEBT SERVICE FUND Revenue Property Taxes 574,677 574,676 100%507,913 253,956 50% Revenue Total 574,677 574,676 100% 507,913 253,956 50% Expenses Debt Service 574,677 110,642 19%507,913 116,092 23% Expenses Total 574,677 110,642 19% 507,913 116,092 23% 187 LIBRARY CAPITAL IMPROVEMENT FD Revenue Other Revenue 550,000 - 0%950,000 - 0% Revenue Total 550,000 - 0% 950,000 - 0% Expenses Capital Outlay 550,000 110,060 20%950,000 512,176 54% Expenses Total 550,000 110,060 20% 950,000 512,176 54% 10 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 200 MOTOR FUEL TAX FUND Revenue Interest Income 15,000 284,745 1898%12,000 203,505 1696% Intergovernmental Revenue 2,986,239 2,563,741 86%2,700,000 2,464,022 91% Revenue Total 3,001,239 2,848,486 95% 2,712,000 2,667,526 98% Expenses Capital Outlay 4,405,000 1,027,758 23%2,778,600 1,957,564 70% Salary and Benefits 325,000 - 0%325,000 - 0% Services and Supplies 1,890,000 1,244,306 66%1,038,000 438,306 42% Expenses Total 6,620,000 2,272,064 34% 4,141,600 2,395,870 58% 205 EMERGENCY TELEPHONE (E911) FUND Revenue Interest Income 7,000 27,081 387%7,000 19,791 283% Other Taxes 1,450,000 1,205,227 83%1,400,000 970,597 69% Revenue Total 1,457,000 1,232,309 85% 1,407,000 990,388 70% Expenses Capital Outlay 480,000 176,677 37%450,000 121,275 27% Insurance and Other Chargebacks 19,142 14,355 75%19,142 14,355 75% Interfund Transfers 100,000 74,997 75%90,000 67,500 75% Miscellaneous - 338 Salary and Benefits 810,331 563,184 70%758,058 524,720 69% Services and Supplies 368,350 373,429 101%355,000 243,866 69% Expenses Total 1,777,823 1,202,980 68% 1,672,200 971,716 58% 210 SPECIAL SERVICE AREA (SSA) #9 Revenue Interfund Transfers 206,750 206,750 100% Interest Income - 8,071 - 3,802 Property Taxes 592,665 609,634 103%595,000 352,609 59% Revenue Total 592,665 617,705 104% 801,750 563,162 70% Expenses Services and Supplies 575,000 325,032 57%575,000 316,021 55% Expenses Total 575,000 325,032 57% 575,000 316,021 55% 11 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 215 CDBG FUND Revenue Interest Income - 3,388 - 2,094 Intergovernmental Revenue 3,068,463 346,350 11%3,629,000 655,078 18% Revenue Total 3,068,463 349,738 11% 3,629,000 657,172 18% Expenses Capital Outlay - 506,470 - 100,074 Community Sponsored Organizations 75,000 280,558 374%75,000 205,089 273% Insurance and Other Chargebacks - 66,703 - 210,212 Miscellaneous 2,341,499 - 0%2,576,376 13,375 1% Salary and Benefits 681,559 380,809 56%702,459 334,327 48% Services and Supplies 17,480 21,529 123%307,200 6,491 2% Expenses Total 3,115,538 1,256,069 40% 3,661,035 869,568 24% 220 CDBG LOAN FUND Revenue Interest Income 5,000 17,612 352%- 16,610 Other Revenue 443,121 6,832 2%100,000 100,494 100% Revenue Total 448,121 24,444 5% 100,000 117,104 117% Expenses Services and Supplies 440,000 57,103 13%325,000 44,609 14% Expenses Total 440,000 57,103 13% 325,000 44,609 14% 235 NEIGHBORHOOD IMPROVEMENT Revenue Interest Income - 543 - 451 Revenue Total - 543 - 451 Expenses Services and Supplies - 1 - 8 Expenses Total - 1 - 8 240 HOME FUND Revenue Interest Income 150 295 197%150 497 331% Other Revenue 25,000 37,695 151%25,000 20,538 82% Intergovernmental Revenue 2,345,000 81,848 3%650,000 37,371 6% Revenue Total 2,370,150 119,838 5% 675,150 58,406 9% Expenses Insurance and Other Chargebacks 1,150,000 26,166 2%- (13,685) Miscellaneous 2,000 207 10%2,000 - 0% Salary and Benefits 68,137 39,989 59%70,572 47,591 67% Services and Supplies 801,065 47,802 6%582,266 29,081 5% Expenses Total 2,021,202 114,163 6% 654,838 62,988 10% 250 AFFORDABLE HOUSING FUND 12 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget Revenue Interfund Transfers 1,000,000 1,000,000 100% Interest Income 8,000 132,428 1655%4,500 97,836 2174% Other Revenue 130,000 407,917 314%130,600 297,500 228% Intergovernmental Revenue 145,000 93,073 64%145,000 57,213 39% Other Taxes 50,000 20,000 40%50,000 - 0% Revenue Total 1,333,000 1,653,418 124% 330,100 452,549 137% Expenses Community Sponsored Organizations 154,000 77,964 51%166,000 47,324 29% Insurance and Other Chargebacks 11,000 14,069 128%12,000 3,173 26% Miscellaneous 1,051,500 38,620 4%53,500 7,465 14% Salary and Benefits 41,038 25,279 62%130,126 52,980 41% Services and Supplies 1,670,000 26,893 2%1,565,000 191,263 12% Expenses Total 2,927,538 182,825 6% 1,926,626 302,205 16% 320 DEBT SERVICE FUND Revenue Interfund Transfers 2,693,941 1,779,639 66%2,918,969 1,739,232 60% Interest Income 10,000 194,567 1946%10,000 170,638 1706% Other Revenue - 301 - 62,360 Property Taxes 12,766,093 12,805,005 100%12,878,258 7,389,316 57% Revenue Total 15,470,034 14,779,512 96% 15,807,227 9,361,545 59% Expenses Interfund Transfers - - Miscellaneous - - Services and Supplies 6,600 6,318 96%6,600 25 0% Debt Service 15,460,034 2,418,057 16%15,797,123 2,612,830 17% Expenses Total 15,466,634 2,424,375 16% 15,803,723 2,612,855 17% 330 HOWARD-RIDGE TIF FUND Revenue Interest Income 10,000 73,901 739%10,000 78,105 781% Other Revenue 5,000 21,000 420%5,000 35,000 700% Property Taxes 1,100,000 1,279,914 116%1,100,000 633,929 58% Revenue Total 1,115,000 1,374,814 123% 1,115,000 747,033 67% Expenses Capital Outlay 50,000 932,238 1864%785,000 793,978 101% Interfund Transfers 363,513 272,637 75%395,913 296,937 75% Miscellaneous - 46,223 - 122,867 Services and Supplies 65,000 14,595 22%250,000 152,476 61% Expenses Total 478,513 1,265,693 265% 1,430,913 1,366,258 95% 335 WEST EVANSTON TIF FUND Revenue 13 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget Interest Income 5,000 124,434 2489%5,000 91,289 1826% Other Revenue 10,000 - 0% Property Taxes 1,450,000 2,016,475 139%1,450,000 821,627 57% Revenue Total 1,455,000 2,140,909 147% 1,465,000 912,916 62% Expenses Capital Outlay 3,315,000 618,300 19%3,660,000 56,264 2% Interfund Transfers 75,000 56,250 75%75,000 56,250 75% Miscellaneous 12,000 65,731 548%200,000 560,000 280% Services and Supplies 1,005,000 90,961 9%5,000 35,460 709% Expenses Total 4,407,000 831,241 19% 3,940,000 707,974 18% 340 DEMPSTER-DODGE TIF FUND Revenue Interest Income 1,000 33,693 3369%1,000 14,278 1428% Property Taxes 180,000 488,906 272%180,000 121,726 68% Revenue Total 181,000 522,599 289% 181,000 136,005 75% Expenses Interfund Transfers 176,857 132,642 75%174,483 130,860 75% Services and Supplies 2,000 356 18%2,000 7,763 388% Miscellaneous - 12,500 Expenses Total 178,857 145,498 81% 176,483 138,623 79% 345 CHICAGO-MAIN TIF Revenue Interest Income 5,000 73,679 1474%2,500 71,257 2850% Other Revenue 1,880,000 50,000 3%1,880,000 - 0% Property Taxes 1,000,000 1,167,349 117%1,000,000 650,751 65% Revenue Total 2,885,000 1,291,028 45% 2,882,500 722,008 25% Expenses Capital Outlay 260,000 283,348 109%2,469,000 119,173 5% Interfund Transfers 272,480 204,363 75%271,355 203,517 75% Miscellaneous 250,000 17,823 7%250,000 20,000 8% Services and Supplies 15,010 1,774 12%5,000 15,127 303% Expenses Total 797,490 507,309 64% 2,995,355 357,817 12% 14 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 350 SPECIAL SERVICE AREA (SSA) #6 Revenue Interest Income 250 13,882 5553%250 11,921 4769% Property Taxes 221,000 214,822 97%221,000 121,021 55% Revenue Total 221,250 228,704 103% 221,250 132,943 60% Expenses Services and Supplies 220,000 101,639 46%220,000 117,505 53% Expenses Total 220,000 101,639 46% 220,000 117,505 53% 355 SPECIAL SERVICE AREA (SSA) #7 Revenue Interest Income 200 2,166 1083%200 1,649 824% Property Taxes 142,000 139,224 98%142,000 77,003 54% Revenue Total 142,200 141,390 99% 142,200 78,651 55% Expenses Services and Supplies 140,000 71,826 51%140,000 77,112 55% Expenses Total 140,000 71,826 51% 140,000 77,112 55% 360 SPECIAL SERVICE AREA (SSA) #8 Revenue Interest Income - 979 - 704 Property Taxes 60,200 57,379 95%60,200 34,706 58% Revenue Total 60,200 58,358 97% 60,200 35,410 59% Expenses Services and Supplies 60,200 30,974 51%60,200 31,505 52% Expenses Total 60,200 30,974 51% 60,200 31,505 52% 365 FIVE FIFTH TIF FUND Revenue Interest Income - 8,776 Property Taxes - 1,076,365 Revenue Total - 1,085,141 Expenses Capital Outlay - - - 506,360 Miscellaneous - 7,384 - 185,665 Services and Supplies 100,000 322,806 323%100,000 27,261 27% Expenses Total 100,000 330,189 330% 100,000 719,286 719% 15 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 415 CAPITAL IMPROVEMENTS FUND Revenue Interfund Transfers 85,000 3,264,226 3840% Interest Income - 303,526 - 167,388 Other Revenue 23,283,500 19,208,761 82%17,350,000 98,523 1% Charges for Services - 6,729 - 19,477 Intergovernmental Revenue 1,470,000 1,122,329 76%4,592,500 322,500 7% Revenue Total 24,753,500 20,641,345 83% 22,027,500 3,872,113 18% Expenses Capital Outlay 23,358,500 9,523,798 41%22,492,500 5,563,718 25% Miscellaneous - - Services and Supplies 1,860,000 1,591,943 86%- 1,085,283 Expenses Total 25,218,500 11,115,740 44% 22,492,500 6,649,001 30% 416 CROWN CONSTRUCTION FUND Revenue Interest Income 10,000 213,637 2136%10,000 191,916 1919% Other Revenue 1,000,000 279,598 28%1,000,000 246,222 25% Intergovernmental Revenue - 500,000 Revenue Total 1,010,000 993,234 98% 1,010,000 438,137 43% Expenses Capital Outlay 200,000 109,660 55%200,000 - 0% Interfund Transfers 619,118 464,337 75%945,000 708,750 75% Miscellaneous - - Services and Supplies 60 9,893 16488%- 45 Expenses Total 819,178 583,890 71% 1,145,000 708,795 62% 417 CROWN COMMUNITY CTR MAINTENANCE Revenue Interfund Transfers 175,000 131,247 75%175,000 131,247 75% Revenue Total 175,000 131,247 75% 175,000 131,247 75% Expenses Capital Outlay 175,000 - 0%175,000 - 0% Expenses Total 175,000 - 0% 175,000 - 0% 16 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 420 SPECIAL ASSESSMENT FUND Revenue Interest Income 35,000 25,400 73%30,000 63,246 211% Other Taxes 125,000 122,213 98%125,000 103,471 83% Revenue Total 160,000 147,614 92% 155,000 166,717 108% Expenses Capital Outlay 452,500 101,574 22%375,000 20,108 5% Interfund Transfers 425,652 69,003 16%455,360 341,514 75% Services and Supplies 50 45 90%- 45 Expenses Total 878,202 170,622 19% 830,360 361,667 44% 505 PARKING SYSTEM FUND Revenue Interest Income 25,000 118,825 475%20,000 75,080 375% Other Revenue 422,900 278,312 66%486,700 355,651 73% Charges for Services 8,420,000 7,728,814 92%8,308,975 6,966,432 84% Intergovernmental Revenue 1,100,000 - 0%1,100,000 693,553 63% Licenses, Permits and Fees - 150 Revenue Total 9,967,900 8,126,102 82% 9,915,675 8,090,716 82% Expenses Capital Outlay - 143 1,600,000 131,180 8% Insurance and Other Chargebacks 369,077 276,804 75%369,077 277,193 75% Interfund Transfers 3,180,390 2,385,288 75%3,132,390 2,349,288 75% Miscellaneous - 64 50,000 - 0% Salary and Benefits 1,582,397 1,217,420 77%1,716,539 1,071,751 62% Services and Supplies 4,220,350 3,731,389 88%4,340,316 3,337,069 77% Debt Service 79,150 17,075 22%76,150 18,075 24% Expenses Total 9,431,364 7,628,183 81% 11,284,472 7,184,556 64% 17 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 510 WATER FUND Revenue Interest Income 70,000 278,995 399%70,000 204,333 292% Other Revenue 66,234,150 22,604,738 34%51,039,150 6,252,558 12% Charges for Services 25,259,051 18,676,418 74%24,378,734 17,524,085 72% Licenses, Permits and Fees 50,000 66,168 132%50,000 16,705 33% Revenue Total 91,613,201 41,626,319 45% 75,537,884 23,997,681 32% Expenses Capital Outlay 58,470,500 16,574,997 28%388,400 - 0% Insurance and Other Chargebacks 1,665,135 1,257,811 76%1,665,135 1,250,503 75% Interfund Transfers 4,363,000 3,272,256 75%4,229,559 3,172,176 75% Miscellaneous 10,000 - 0%15,000 - 0% Salary and Benefits 7,936,849 4,720,574 59%7,110,142 4,485,314 63% Services and Supplies 10,284,310 4,875,992 47%5,908,008 2,118,048 36% Contingencies 1,000 - 0%1,000 - 0% Debt Service 4,826,609 1,821,868 38%4,072,486 1,268,245 31% Expenses Total 87,557,403 32,523,497 37% 23,389,730 12,294,286 53% 513 WATER DEPR IMPRV &EXTENSION FUND Revenue Interfund Transfers - 137,792 Revenue Total - 137,792 Expenses Capital Outlay - - 57,780,500 9,537,242 17% Services and Supplies - - 11,700 994,646 8501% Expenses Total - - 57,792,200 10,531,888 18% 515 SEWER FUND Revenue Interest Income 25,000 96,847 387%25,000 97,673 391% Other Revenue 1,000 768 77%1,000 15,418 1542% Charges for Services 10,229,424 7,046,174 69%10,240,424 7,091,806 69% Revenue Total 10,255,424 7,143,788 70% 10,266,424 7,204,896 70% Expenses Capital Outlay 2,950,000 99,418 3%3,050,700 528,512 17% Insurance and Other Chargebacks 369,800 277,353 75%369,800 277,353 75% Interfund Transfers 1,271,321 953,487 75%883,858 662,895 75% Miscellaneous 1,500 - 0% Salary and Benefits 1,546,276 878,365 57%1,386,579 981,529 71% Services and Supplies 1,718,600 543,895 32%1,750,300 659,778 38% Debt Service 3,550,270 2,110,307 59%3,809,232 2,445,471 64% Expenses Total 11,406,267 4,862,825 43% 11,251,969 5,555,538 49% 520 SOLID WASTE FUND 18 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget Revenue Interfund Transfers 100,000 47,170 47% Interest Income 3,000 15,727 524%- 16,501 Other Revenue 38,000 6,780 18%122,000 55,881 46% Charges for Services 4,902,674 3,619,722 74%4,669,000 3,369,302 72% Licenses, Permits and Fees 375,000 347,907 93%389,000 283,894 73% Property Taxes 1,332,500 1,332,500 100%1,332,500 666,250 50% Revenue Total 6,751,174 5,369,805 80% 6,512,500 4,391,827 67% Expenses Capital Outlay 850,000 98,513 12%525,000 64,720 12% Interfund Transfers 418,600 313,947 75%322,000 241,497 75% Miscellaneous 30,000 8,844 29%15,000 9,842 66% Salary and Benefits 1,893,717 1,335,714 71%1,651,410 1,213,990 74% Services and Supplies 4,081,466 2,917,452 71%3,935,115 2,594,130 66% Expenses Total 7,273,783 4,674,470 64% 6,448,525 4,124,179 64% 600 FLEET SERVICES FUND Revenue Interest Income 1,000 3,085 309%1,000 - 0% Other Revenue 44,000 87,387 199%69,000 10,617 15% Charges for Services 4,216,140 3,162,096 75%3,244,440 2,433,321 75% Revenue Total 4,261,140 3,252,568 76% 3,314,440 2,443,938 74% Expenses Capital Outlay - 35,530 - 184,456 Salary and Benefits 1,624,232 1,192,938 73%1,417,422 1,096,498 77% Services and Supplies 2,588,890 1,538,712 59%2,044,557 1,908,961 93% Expenses Total 4,213,122 2,767,180 66% 3,461,979 3,189,915 92% 601 EQUIPMENT REPLACEMENT FUND Revenue Interfund Transfers - 1,250,000 - 237,001 Interest Income 2,000 23,065 1153%- 10,276 Other Revenue 25,000 135,195 541%25,000 267,153 1069% Charges for Services 754,885 566,163 75%754,885 566,163 75% Intergovernmental Revenue 1,250,000 - 0%1,500,000 1,181,480 79% Revenue Total 2,031,885 1,974,423 97% 2,279,885 2,262,072 99% Expenses Capital Outlay 3,365,167 1,207,871 36%2,700,000 1,750,857 65% Services and Supplies - 742 - 126 Expenses Total 3,365,167 1,208,613 36% 2,700,000 1,750,983 65% 19 Funds 2024 Budget 2024 Actual % of Budget 2023 Budget 2023 Actual % of Budget 605 INSURANCE FUND Revenue Interest Income - 44,815 Other Revenue 12,859,571 8,003,798 62%11,448,112 7,810,051 68% Charges for Services - 3,620 - 129 Insurance 10,098,091 7,354,456 73%9,444,453 7,061,520 75% Workers Compensation and Liability 886,000 690,268 78%862,500 992,495 115% Revenue Total 23,843,662 16,096,958 68% 21,755,065 15,864,195 73% Expenses Insurance and Other Chargebacks 19,330,965 12,929,747 67%16,765,000 12,221,123 73% Salary and Benefits 3,805 4,237 111%4,287 30,541 712% Services and Supplies 3,660,000 2,765,648 76%3,244,200 2,671,217 82% Expenses Total 22,994,770 15,699,632 68% 20,013,487 14,922,880 75% 20