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HomeMy WebLinkAbout2025.05 May Monthly Report Memorandum To: Luke Stowe, City Manager From: Hitesh Desai, CFO/City Treasurer Subject: May 2025 Monthly Financial Report Date: July 3, 2025 Please find attached the financial statements as of May 31, 2025. The Financials below are unaudited. 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 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 May 31, 2025 year-to-date financial information and reports which to the best of my knowledge appear accurate and complete. Page 1 Section 1 – Cash and Fund Balance Summary Table 1 shows the ending fund and cash balances for each Fund as of May 31, 2025. The figures in Table 1 are based on audited FY 2024 ending fund and cash balances plus unaudited FY 2025 actual revenues and expenses. The FY 2024 audit was conducted by Sikich, LLP from January through June 2025 with a final Annual Comprehensive Financial Report (ACFR) issued on June 26, 2025 that was posted to the City’s website. 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 monthly fund and cash balances are unaudited. Table 1 FY 2025 Cash and Fund Balance Summary (as of May 31, 2025) Page 2 Section 2 - General Fund Revenues and Expenses The unaudited financials as of May 31, 2025 show the General Fund with a fund balance of $52,962665 and a cash balance of $49,099,029. There is a three (3) month lag in some of the state distributed revenues like Sales Tax, Home Rule Sales Tax, Use Tax, and Telecommunication Tax. The City will not receive the May allocations until August 2025. Othe Notes about General Fund Expenses and Revenues: • In January, the City received a $2.7M Building Permit payment from Northwestern for construction at the Donald P. Jacobs Center (2001 Sheridan Road). • In April, the City received a $3.5M Building Permit payment from Northwestern for the new Kellogg Educational Center (2169 Campus Drive). • The first installments of $15.5M transfers from the General Fund to the Public Safety Pensions is reflected in the “Non-Departmental” line in Table 3. • The first $1.0M of Real Estate Transfer Taxes (RETT) for the Reparations Fund were received in January-April. All RETT revenue beyond the first $1.0M are allocated to the General Fund. Table 2 FY 2025 General Fund Actual Revenues (through May 31, 2025) *This figure EXCLUDES the $1.0M budgeted for the Reparations Fund. The Reparations Fund has received $1.0M (100%) Real Estate Transfer Tax (RETT) revenue through April 30, 2025. **The $11.1M “Use of Fund Balance” is excluded from Budget Total because no actual revenues will be recorded Page 3 Table 3 FY 2025 General Fund Actual Expenses By Department Police and Fire Overtime Through May 31, 2025, Police has spent 39% of budgeted overtime and Fire has spent 41% of budgeted overtime. Table 4 FY 2025 Police and Fire Overtime YTD Expenses Page 4 Section 3 - Enterprise Funds Parking Fund Through May 31, 2025, the Parking Fund is showing a fund balance of $2,457,493 and a cash balance of $1,801,989. Water Fund Through May 31, 2025, the Water Fund is showing a fund balance of $14,161,254 and a cash balance of $15,125,197. A significant portion of this fund balance are 2024 bond proceeds which the City continues to spend down on capital projects. Sewer Fund Through May 31, 2025, the Sewer Fund is showing a fund balanc e of $10,433,087 and a cash balance of $9,365,838. Solid Waste Fund Through May 31, 2025, the Solid Waste Fund is showing a fund balance of $4,149,961 and a cash balance of $ 2,826,816. Section 4 - Other Funds Capital Improvements Fund Through May 31, 2025, the CIP Fund is showing a fund balance of ($9,009,479) and a cash balance of ($2,168,314). The difference between Cash and Fund Balance is largely attributed to cash on hand for projects completed but not yet invoiced by the Illinois Department of Transportation (IDOT). Fleet Fund Through May 31, 2025, the Fleet Fund is showing a fund balance of $1,896,748 and a cash balance of $385,237. The difference between cash and fund balance is primarily due to inventory on hand. Insurance Fund Through May 31, 2025, the Insurance Fund is showing a fund balance of $3,782,542 and a cash balance of $5,547,919. Page 5 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 100 GENERAL FUND Revenue Charges for Services 12,765,709 6,829,762 54%11,655,200 5,240,201 45% Fines and Forfeitures 4,375,000 1,580,171 36%3,725,000 1,515,592 41% Interest Income 750,000 934,821 125%500,000 738,021 148% Interfund Transfers 10,031,740 3,554,890 35%9,623,390 3,384,745 35% Intergovernmental Revenue 4,404,334 1,482,564 34%3,966,034 1,305,752 33% Licenses, Permits and Fees 9,597,300 10,035,804 105%7,336,450 5,095,189 69% Other Revenue 1,849,000 512,781 28%1,301,500 440,501 34% Other Taxes 67,015,000 26,303,850 39%66,300,000 25,029,989 38% Property Taxes 29,439,902 15,804,136 54%29,047,402 15,582,585 54% Revenue Total 140,227,985 67,038,780 48%133,454,976 58,332,574 44% Expenses Capital Outlay 398,978 21,831 5%272,000 2,790,701 1026% Community Sponsored Organizations 120,000 90,399 75%120,000 4,995 4% Contingencies 125,000 170,952 137%126,000 206 0% Insurance and Other Chargebacks 33,605,744 17,170,382 51%29,518,684 15,202,906 52% Interfund Transfers 4,457,100 1,815,455 41%4,887,100 1,723,790 35% Miscellaneous 1,029,798 580,897 56%1,545,213 167,881 11% Salary and Benefits 91,592,836 36,638,787 40%88,012,393 33,452,977 38% Services and Supplies 19,948,946 6,608,064 33%19,446,153 6,099,907 31% Expenses Total 151,278,402 63,096,767 42%143,927,543 59,443,361 41% 170 AMERICAN RESCUE PLAN Revenue Interest Income 650,000 264,557 41%50,000 636,298 1273% Other Revenue 0 (24,218)0 (2,122) Revenue Total 650,000 240,339 37%50,000 634,176 1268% Expenses Capital Outlay 2,431,300 608,820 25%10,188,900 656,777 6% Community Sponsored Organizations 2,542,000 46,859 2%0 164,431 Insurance and Other Chargebacks 100,000 0 100,000 0 Interfund Transfers 1,500,000 0 1,250,000 0 Miscellaneous 8,396,724 565,588 7%10,294,191 301,525 3% Salary and Benefits 115,871 0 0 Services and Supplies 2,977,080 81,140 3%3,275,000 106,273 3% Expenses Total 18,062,975 1,302,407 7%25,108,091 1,229,005 5% City of Evanston Monthly Financial Details May 2025 Page 6 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 175 GENERAL ASSISTANCE FUND Revenue Interest Income 1,000 25,766 2577%1,000 34,107 3411% Other Revenue 27,500 0 27,500 3,766 14% Property Taxes 750,000 579,016 77%1,050,000 700,809 67% Revenue Total 778,500 604,782 78%1,078,500 738,682 68% Expenses Miscellaneous 7,000 4,653 66%7,000 1,475 21% Salary and Benefits 560,420 226,033 40%539,408 219,620 41% Services and Supplies 775,500 296,586 38%874,482 276,123 32% Expenses Total 1,342,920 527,272 39%1,420,890 497,218 35% 176 HUMAN SERVICES FUND Revenue Interest Income 6,000 8,812 147%6,000 29,186 486% Intergovernmental Revenue 335,000 104,154 31%114,000 312,774 274% Other Revenue 20,000 0 20,000 0 Property Taxes 3,650,000 1,825,000 50%3,360,000 1,680,000 50% Revenue Total 4,011,000 1,937,966 48%3,500,000 2,021,960 58% Expenses Community Sponsored Organizations 60,000 243,849 406%60,000 243,590 406% Miscellaneous 210,000 84,957 40%210,000 41,081 20% Salary and Benefits 3,288,979 1,190,723 36%2,654,369 982,600 37% Services and Supplies 2,801,998 96,722 3%2,334,063 67,476 3% Expenses Total 6,360,977 1,616,252 25%5,258,432 1,334,747 25% 177 REPARATIONS FUND Revenue Interest Income 2,500 2,400 96%2,500 21,204 848% Intergovernmental Revenue 100,000 0 100,000 0 Other Revenue 0 1,010 0 3,424 Other Taxes 1,200,000 1,000,000 83%1,400,000 988,480 71% Revenue Total 1,302,500 1,002,394 77%1,502,500 769,015 51% Expenses Miscellaneous 1,200,000 1,113,319 93%3,400,000 1,965,445 58% Services and Supplies 101,000 745 1%101,000 33,798 33% Expenses Total 1,301,000 1,114,064 86%3,501,000 1,999,243 57% City of Evanston Monthly Financial Details May 2025 Page 7 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 178 SUSTAINABILITY FUND Revenue Fines and Forfeitures 10,000 0 0 0 Interest Income 2,000 6,491 325%2,000 11,656 583% Interfund Transfers 800,000 125,000 16%700,000 583,335 83% Intergovernmental Revenue 260,000 0 10,000 0 Licenses, Permits and Fees 0 34,444 500,000 184,770 37% Other Revenue 500,000 0 650,000 0 Revenue Total 1,572,000 165,935 11%1,862,000 779,761 42% Expenses Community Sponsored Organizations 500,000 0 500,000 0 Miscellaneous 190,000 34,188 18%525,000 0 Salary and Benefits 400,513 98,631 25%250,368 95,513 38% Services and Supplies 616,000 97,018 16%725,120 291,007 40% Expenses Total 1,706,513 229,837 13%2,000,488 386,520 19% 180 GOOD NEIGHBOR FUND Revenue Interest Income 0 5,148 1,000 2,775 277% Other Revenue 3,000,000 3,090,000 103%3,000,000 3,000,000 100% Revenue Total 3,000,000 3,095,148 103%3,001,000 3,002,775 100% Expenses Interfund Transfers 3,000,000 0 3,000,000 1,500,000 50% Miscellaneous 164,000 0 314,000 0 Services and Supplies 0 685,941 0 124 Expenses Total 3,164,000 685,941 22%3,314,000 1,500,124 45% City of Evanston Monthly Financial Details May 2025 Page 8 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 185 LIBRARY FUND Revenue Charges for Services 1,000 113 11%400 1,451 363% Interest Income 25,000 129,439 518%25,000 129,703 519% Interfund Transfers 173,750 173,570 100%216,999 0 Intergovernmental Revenue 155,000 26,084 17%200,213 11,433 6% Library Revenue 82,000 41,863 51%109,394 48,052 44% Other Revenue 402,000 112,381 28%405,000 93,552 23% Property Taxes 8,624,347 4,434,565 51%8,213,664 4,049,076 49% Revenue Total 9,463,097 4,918,014 52%9,170,670 4,333,267 47% Expenses Capital Outlay 2,000 0 3,500 0 Insurance and Other Chargebacks 0 0 0 168 Interfund Transfers 360,325 843,699 234%360,325 150,130 42% Salary and Benefits 7,497,302 2,631,656 35%7,264,128 2,328,540 32% Services and Supplies 2,147,619 830,454 39%2,313,194 627,129 27% Expenses Total 10,007,246 4,305,809 43%9,941,147 3,105,967 31% 186 LIBRARY DEBT SERVICE FUND Revenue Property Taxes 576,946 288,473 50%574,677 287,338 50% Revenue Total 576,946 288,473 50%574,677 287,338 50% Expenses Debt Service 576,946 103,433 18%574,677 110,642 19% Expenses Total 576,946 103,433 18%574,677 110,642 19% 187 LIBRARY CAPITAL IMPROVEMENT FD Revenue Interfund Transfers 0 693,564 Other Revenue 1,900,000 0 550,000 0 Revenue Total 1,900,000 693,564 37%550,000 0 Expenses Capital Outlay 1,900,000 0 550,000 (498)0% Expenses Total 1,900,000 0 550,000 (9,920)-2% City of Evanston Monthly Financial Details May 2025 Page 9 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 200 MOTOR FUEL TAX FUND Revenue Interest Income 50,000 140,437 281%15,000 152,502 1017% Intergovernmental Revenue 3,300,000 1,426,118 43%2,986,239 1,379,205 46% Revenue Total 3,350,000 1,566,555 47%3,001,239 1,531,707 51% Expenses Capital Outlay 4,469,650 183,671 4%4,405,000 6,167 0% Salary and Benefits 325,000 0 Services and Supplies 1,890,000 413,208 22%1,890,000 296,543 16% Expenses Total 6,359,650 596,879 9%6,620,000 302,710 5% 205 EMERGENCY TELEPHONE (E911) FUND Revenue Interest Income 15,000 4,774 32%7,000 16,786 240% Other Taxes 1,450,000 427,229 29%1,450,000 491,420 34% Revenue Total 1,465,000 432,002 29%1,457,000 508,207 35% Expenses Capital Outlay 445,000 133,867 30%480,000 9,310 2% Insurance and Other Chargebacks 19,142 7,975 42%19,142 7,975 42% Interfund Transfers 100,000 41,665 42%100,000 41,665 42% Miscellaneous 0 0 338 Salary and Benefits 903,749 332,471 37%810,331 274,440 34% Services and Supplies 394,950 317,968 81%368,350 199,189 54% Expenses Total 1,862,841 833,946 45%1,777,823 532,917 30% 206 FOREIGN FIRE INSURANCE Revenue Interfund Transfers 0 27,500 Other Taxes 250,000 0 Revenue Total 250,000 0 0 27,500 Expenses Capital Outlay 200,000 0 Expenses Total 200,000 0 210 SPECIAL SERVICE AREA (SSA) #9 Revenue Interest Income 0 2,043 0 5,044 Property Taxes 642,145 287,504 45%592,665 327,425 55% Revenue Total 642,145 289,548 45%592,665 332,468 56% Expenses Services and Supplies 642,145 287,504 45%575,000 325,032 57% Expenses Total 642,145 287,504 45%575,000 325,032 57% City of Evanston Monthly Financial Details May 2025 Page 10 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 215 CDBG FUND Revenue Interest Income 0 1,359 0 3,388 Intergovernmental Revenue 2,616,400 10,000 0%3,068,463 6,470 0% Revenue Total 2,616,400 11,359 0%3,068,463 9,857 0% Expenses Capital Outlay 1,160,000 0 0 6,470 Community Sponsored Organizations 0 10,000 75,000 0 Miscellaneous 2,198,445 0 2,341,499 0 Salary and Benefits 319,903 127,344 40%681,559 211,159 31% Services and Supplies 110,650 15,521 14%17,480 4,919 28% Expenses Total 3,788,998 152,865 4%3,115,538 222,548 7% 220 CDBG LOAN FUND Revenue Interest Income 5,000 7,869 157%5,000 11,491 230% Other Revenue 301,565 4,887 2%443,121 2,888 1% Revenue Total 306,565 12,756 4%448,121 14,379 3% Expenses Services and Supplies 306,565 0 440,000 0 Expenses Total 306,565 0 440,000 0 235 NEIGHBORHOOD IMPROVEMENT Revenue Interest Income 0 105 0 337 Revenue Total 0 105 0 239 Expenses Services and Supplies 0 1 Expenses Total 0 1 240 HOME FUND Revenue Interest Income 150 494 330%150 183 122% Intergovernmental Revenue 2,256,469 7,010 0%2,345,000 3,417 0% Other Revenue 25,000 9,253 37%25,000 11,160 45% Revenue Total 2,281,619 16,757 1%2,370,150 14,760 1% Expenses Insurance and Other Chargebacks 1,150,000 0 1,150,000 0 Miscellaneous 2,000 0 2,000 207 10% Salary and Benefits 42,847 16,224 38%68,137 18,081 27% Services and Supplies 1,081,065 7,036 1%801,065 8,773 1% Expenses Total 2,275,912 23,259 1%2,021,202 27,061 1% City of Evanston Monthly Financial Details May 2025 Page 11 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 250 AFFORDABLE HOUSING FUND Revenue Interest Income 40,000 64,945 162%8,000 53,340 667% Interfund Transfers 1,000,000 0 1,000,000 0 Intergovernmental Revenue 0 6,723 145,000 23,708 16% Other Revenue 130,000 333,131 256%130,000 32,917 25% Other Taxes 50,000 0 50,000 0 Revenue Total 1,220,000 404,798 33%1,333,000 109,965 8% Expenses Community Sponsored Organizations 0 10,493 154,000 61,342 40% Insurance and Other Chargebacks 0 11,000 234 2% Miscellaneous 1,001,500 750 0%1,051,500 3,620 0% Salary and Benefits 175,980 35,579 20%41,038 18,081 44% Services and Supplies 1,185,000 230,749 19%1,670,000 11,925 1% Expenses Total 2,362,480 277,571 12%2,927,538 95,201 3% 320 DEBT SERVICE FUND Revenue Interest Income 10,000 157,268 1573%10,000 38,934 389% Interfund Transfers 1,822,547 663,300 36%2,693,941 670,955 25% Other Revenue 1,393,221 0 0 301 Property Taxes 12,766,093 7,012,262 55%12,766,093 7,013,196 55% Revenue Total 15,991,861 7,832,831 49%15,470,034 7,723,387 50% Expenses Debt Service 15,981,861 2,617,870 16%15,460,034 2,418,057 16% Interfund Transfers 0 0 Services and Supplies 7,000 0 6,600 6,306 96% Expenses Total 15,988,861 2,617,870 16%15,466,634 2,424,362 16% 330 HOWARD-RIDGE TIF FUND Revenue Interest Income 12,000 18,341 153%10,000 41,086 411% Other Revenue 0 17,500 5,000 10,500 210% Property Taxes 1,336,000 609,733 46%1,100,000 600,417 55% Revenue Total 1,348,000 645,574 48%1,115,000 652,003 58% Expenses Capital Outlay 100,000 169 0%50,000 922,026 1844% Interfund Transfers 343,913 143,295 42%363,513 151,465 42% Miscellaneous 350,000 4,425 1%0 22,000 Services and Supplies 63,500 3,026 5%65,000 7,597 12% Expenses Total 857,413 150,915 18%478,513 1,103,088 231% City of Evanston Monthly Financial Details May 2025 Page 12 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 335 WEST EVANSTON TIF FUND Revenue Interest Income 6,000 23,235 387%5,000 55,712 1114% Property Taxes 2,211,000 1,069,871 48%1,450,000 982,979 68% Revenue Total 2,217,000 1,093,106 49%1,455,000 1,038,691 71% Expenses Capital Outlay 1,560,790 417,040 27%3,315,000 129,465 4% Interfund Transfers 110,550 46,065 42%75,000 31,250 42% Miscellaneous 52,000 17,000 33%12,000 25,500 213% Services and Supplies 1,100,000 11 0%1,005,000 86,663 9% Expenses Total 2,823,340 480,116 17%4,407,000 272,877 6% 340 DEMPSTER-DODGE TIF FUND Revenue Interest Income 3,000 9,181 306%1,000 14,691 1469% Property Taxes 488,000 268,898 55%180,000 243,502 135% Revenue Total 491,000 278,079 57%181,000 258,193 143% Expenses Interfund Transfers 193,343 80,560 42%176,857 73,690 42% Miscellaneous 10,000 0 Services and Supplies 2,000 0 2,000 356 18% Expenses Total 205,343 80,560 39%178,857 74,046 41% 345 CHICAGO-MAIN TIF Revenue Interest Income 10,000 9,640 96%5,000 48,158 963% Other Revenue 0 1,880,000 50,000 3% Property Taxes 1,295,000 617,800 48%1,000,000 579,834 58% Revenue Total 1,305,000 622,915 48%2,885,000 659,998 23% Expenses Capital Outlay 260,000 0 260,000 249,161 96% Interfund Transfers 307,990 128,330 42%272,480 113,535 42% Miscellaneous 540,000 7,870 1%250,000 8,400 3% Services and Supplies 50,010 2,204 4%15,010 1,771 12% Expenses Total 1,158,000 138,404 12%797,490 372,867 47% City of Evanston Monthly Financial Details May 2025 Page 13 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 350 SPECIAL SERVICE AREA (SSA) #6 Revenue Interest Income 250 2,942 1177%250 6,728 2691% Property Taxes 221,000 113,640 51%221,000 103,723 47% Revenue Total 221,250 116,583 53%221,250 110,451 50% Expenses Services and Supplies 220,000 111,175 51%220,000 101,639 46% Expenses Total 220,000 111,175 51%220,000 101,639 46% 355 SPECIAL SERVICE AREA (SSA) #7 Revenue Interest Income 200 674 337%200 1,226 613% Property Taxes 142,000 75,186 53%142,000 74,873 53% Revenue Total 142,200 75,859 53%142,200 76,099 54% Expenses Services and Supplies 140,000 75,186 54%140,000 71,826 51% Expenses Total 140,000 75,186 54%140,000 71,826 51% 360 SPECIAL SERVICE AREA (SSA) #8 Revenue Interest Income 0 248 0 586 Property Taxes 60,200 28,018 47%60,200 31,702 53% Revenue Total 60,200 28,265 47%60,200 32,288 54% Expenses Services and Supplies 60,200 26,529 44%60,200 30,974 51% Expenses Total 60,200 26,529 44%60,200 30,974 51% 361 SPECIAL SERVICE AREA (SSA) #10 Revenue Property Taxes 92,624 0 Revenue Total 92,624 0 Expenses Services and Supplies 90,000 0 Expenses Total 90,000 0 City of Evanston Monthly Financial Details May 2025 Page 14 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 365 FIVE FIFTH TIF FUND Revenue Interest Income 1,000 10,926 1093%0 2,229 Property Taxes 1,477,000 754,763 51%0 438,219 Revenue Total 1,478,000 748,067 51%0 431,519 Expenses Capital Outlay 140,520 0 Interfund Transfers 73,850 30,770 42% Miscellaneous 60,000 17 0% Services and Supplies 950,000 0 100,000 322,806 323% Expenses Total 1,224,370 30,787 3%100,000 322,806 323% 415 CAPITAL IMPROVEMENTS FUND Revenue Charges for Services 0 348 Interest Income 75,000 47,853 64%0 45,590 Intergovernmental Revenue 5,027,000 969,914 19%1,470,000 522,679 36% Licenses, Permits and Fees 0 608,490 0 Other Revenue 21,225,000 1,032,825 5%23,283,500 65,721 0% Revenue Total 26,327,000 2,659,082 10%24,753,500 634,338 3% Expenses Capital Outlay 24,532,000 2,900,657 12%23,358,500 3,129,354 13% Services and Supplies 1,690,000 677,379 40%1,860,000 666,643 36% Expenses Total 26,222,000 3,578,036 14%25,218,500 3,795,997 15% 416 CROWN CONSTRUCTION FUND Revenue Interest Income 10,000 49,834 498%10,000 121,752 1218% Other Revenue 1,000,000 9,059 1%1,000,000 252,238 25% Revenue Total 1,010,000 58,892 6%1,010,000 373,990 37% Expenses Capital Outlay 200,000 0 200,000 0 Interfund Transfers 588,369 245,155 42%619,118 257,965 42% Services and Supplies 60 25 42%60 25 42% Expenses Total 788,429 245,180 31%819,178 257,990 31% 417 CROWN COMMUNITY CTR MAINTENANCE Revenue Interfund Transfers 175,000 72,915 42%175,000 72,915 42% Revenue Total 175,000 72,915 42%175,000 72,915 42% Expenses Capital Outlay 175,000 0 175,000 0 Expenses Total 175,000 0 175,000 0 City of Evanston Monthly Financial Details May 2025 Page 15 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 420 SPECIAL ASSESSMENT FUND Revenue Interest Income 20,000 23,092 115%35,000 14,309 41% Other Taxes 200,000 93,138 47%125,000 87,820 70% Revenue Total 220,000 116,230 53%160,000 102,129 64% Expenses Capital Outlay 1,650,000 4,350 0%452,500 0 Interfund Transfers 230,631 0 425,652 38,335 9% Services and Supplies 50 25 50%50 25 50% Expenses Total 1,880,681 4,375 0%878,202 38,360 4% 505 PARKING SYSTEM FUND Revenue Charges for Services 8,980,000 4,075,437 45%8,420,000 3,919,460 47% Interest Income 40,000 49,806 125%25,000 58,201 233% Intergovernmental Revenue 1,100,000 0 Licenses, Permits and Fees 300,000 0 Other Revenue 538,900 233,269 43%422,900 147,392 35% Revenue Total 9,858,900 4,358,512 44%9,967,900 4,125,052 41% Expenses Capital Outlay 2,425,000 664,756 27%0 0 Debt Service 76,900 15,950 21%79,150 17,075 22% Insurance and Other Chargebacks 369,077 153,780 42%369,077 153,780 42% Interfund Transfers 3,180,390 1,325,160 42%3,180,390 1,325,160 42% Salary and Benefits 1,310,682 514,637 39%1,582,397 649,385 41% Services and Supplies 4,521,650 1,878,833 42%4,220,350 1,878,710 45% Expenses Total 11,883,699 4,553,116 38%9,431,364 4,024,110 43% City of Evanston Monthly Financial Details May 2025 Page 16 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 510 WATER FUND Revenue Charges for Services 28,625,100 11,326,153 40%25,259,051 9,448,141 37% Interest Income 150,000 264,084 176%70,000 92,271 132% Licenses, Permits and Fees 50,000 28,639 57%50,000 36,352 73% Other Revenue 35,718,235 9,312,295 26%66,234,150 704,535 1% Revenue Total 64,543,335 20,931,171 32%91,613,201 10,281,299 11% Expenses Capital Outlay 37,825,905 2,910,786 8%58,470,500 5,490,864 9% Contingencies 1,000 0 Debt Service 6,395,895 1,198,771 19%4,826,609 892,866 18% Insurance and Other Chargebacks 1,665,135 693,805 42%1,665,135 701,126 42% Interfund Transfers 4,363,000 1,817,920 42%4,363,000 1,817,920 42% Miscellaneous 10,000 0 Salary and Benefits 7,478,277 2,778,047 37%7,936,849 2,425,040 31% Services and Supplies 11,060,370 2,522,595 23%10,284,310 2,064,049 20% Expenses Total 68,788,582 11,921,925 17%87,557,403 13,391,864 15% 515 SEWER FUND Revenue Charges for Services 8,080,000 3,264,297 40%10,229,424 3,515,956 34% Interest Income 80,000 125,577 157%25,000 48,944 196% Other Revenue 1,000 0 1,000 768 77% Revenue Total 8,161,000 3,389,874 42%10,255,424 3,565,667 35% Expenses Capital Outlay 3,820,000 517,810 14%2,950,000 0 Debt Service 2,668,164 1,339,353 50%3,550,270 1,632,714 46% Insurance and Other Chargebacks 369,800 154,085 42%369,800 154,085 42% Interfund Transfers 1,642,251 684,270 42%1,271,321 529,715 42% Salary and Benefits 1,444,286 480,518 33%1,546,276 466,993 30% Services and Supplies 538,500 127,165 24%1,718,600 45,922 3% Expenses Total 10,483,001 3,303,202 32%11,406,267 2,829,429 25% City of Evanston Monthly Financial Details May 2025 Page 17 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 520 SOLID WASTE FUND Revenue Charges for Services 5,267,000 2,078,164 39%4,902,674 1,960,667 40% Interest Income 3,000 31,775 1059%3,000 5,076 169% Interfund Transfers 100,000 0 100,000 0 Licenses, Permits and Fees 351,000 116,899 33%375,000 170,775 46% Other Revenue 39,350 6,541 17%38,000 4,828 13% Property Taxes 950,000 475,000 50%1,332,500 666,250 50% Revenue Total 6,710,350 2,708,378 40%6,751,174 2,807,597 42% Expenses Capital Outlay 825,000 49,503 6%850,000 27,666 3% Interfund Transfers 418,600 174,415 42%418,600 174,415 42% Miscellaneous 30,000 10,132 34%30,000 8,616 29% Salary and Benefits 1,858,244 675,902 36%1,893,717 653,165 34% Services and Supplies 3,793,214 1,376,253 36%4,081,466 1,500,528 37% Expenses Total 6,925,058 2,286,205 33%7,273,783 2,364,390 33% 600 FLEET SERVICES FUND Revenue Charges for Services 4,216,140 1,756,720 42%4,216,140 1,756,720 42% Interest Income 1,000 1,380 138%1,000 288 29% Other Revenue 44,000 22,671 52%44,000 57,798 131% Revenue Total 4,261,140 1,780,771 42%4,261,140 1,814,807 43% Expenses Capital Outlay 0 780 Salary and Benefits 1,715,375 678,933 40%1,624,232 628,340 39% Services and Supplies 2,488,890 736,782 30%2,588,890 668,284 26% Expenses Total 4,204,265 1,415,716 34%4,213,122 1,297,405 31% 601 EQUIPMENT REPLACEMENT FUND Revenue Charges for Services 874,885 364,535 42%754,885 314,535 42% Interest Income 2,000 19,811 991%2,000 13,954 698% Interfund Transfers 1,500,000 0 Intergovernmental Revenue 1,250,000 0 Other Revenue 50,000 12,091 24%25,000 67,868 271% Revenue Total 2,426,885 396,437 16%2,031,885 396,357 20% Expenses Capital Outlay 5,296,912 2,963,263 56%3,365,167 938,677 28% Services and Supplies 200,000 634 0%0 575 Expenses Total 5,496,912 2,963,897 54%3,365,167 939,253 28% City of Evanston Monthly Financial Details May 2025 Page 18 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget 605 INSURANCE FUND Revenue Charges for Services 0 167 0 1,342 Insurance 10,175,654 4,026,306 40%10,098,091 3,990,884 40% Interest Income 0 21,830 0 16,145 Other Revenue 12,180,000 4,524,611 37%12,859,571 4,233,979 33% Workers Compensation and Liability 886,000 360,781 41%886,000 418,281 47% Revenue Total 23,241,654 8,933,695 38%23,843,662 8,660,631 36% Expenses Insurance and Other Chargebacks 18,412,500 7,521,234 41%19,330,965 7,182,087 37% Salary and Benefits 193 2,138 1107%3,805 2,409 63% Services and Supplies 3,961,000 2,233,809 56%3,660,000 2,434,397 67% Expenses Total 22,373,693 9,757,180 44%22,994,770 9,618,893 42% City of Evanston Monthly Financial Details May 2025 Page 19