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HomeMy WebLinkAbout2025.10 October Monthly Report Memorandum To: Luke Stowe, City Manager From: Hitesh Desai, CFO/City Treasurer Subject: October 2025 Monthly Financial Report Date: December 5, 2025 Please find attached the financial statements as of October 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 October 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 October 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 October 31, 2025) Fund #Fund Revenue Expense Net Fund Balance Cash Balance 100 General 117,317,991 117,882,576 (564,585) 48,456,068 44,528,972 170 American Rescue Plan 526,762 3,811,495 (3,284,733) (1,891,889) 12,215,707 175 General Assistance 655,040 1,127,550 (472,510) 744,029 744,437 176 Human Services 2,175,311 4,716,021 (2,540,710) (1,095,765) (1,095,765) 177 Reparations 1,007,582 1,297,947 (290,365) (145,350) (145,350) 178 Sustainability 730,648 643,155 87,494 1,067,047 1,067,047 180 Good Neighbor 3,098,063 3,776,017 (677,954) 375,780 375,780 185 Library 5,372,162 8,437,202 (3,065,039) 2,537,693 2,540,046 186 Library Debt Service 288,473 103,433 185,040 187,821 187,822 187 Library Capital Improvement FD 693,564 - 693,564 - 0 200 MFT 3,228,428 2,540,004 688,424 7,765,066 7,479,937 205 E911 1,172,958 1,814,751 (641,793) 548,989 332,624 206 Foreign Fire Insurance - - - 281,891 281,891 210 Special Service Area (SSA) #9 289,750 287,504 2,245 16,329 16,329 215 CDBG 693,618 1,050,910 (357,292) (297,969) (297,969) 220 CD Loan 60,126 22,535 37,590 380,264 380,265 235 Neighborhood Improvement 317 - 317 23,799 23,799 240 Home 52,232 66,223 (13,991) 23,340 23,340 250 Affordable Housing 1,670,228 720,264 949,964 5,174,181 5,174,181 320 Debt Service 8,569,653 2,624,170 5,945,483 9,398,489 9,398,488 330 Howard Ridge 704,983 331,596 373,387 2,287,691 2,272,029 335 West Evanston 1,183,124 871,980 311,144 2,733,215 2,733,215 340 Dempster-Dodge-TIF 292,815 167,061 125,754 1,106,971 1,106,970 345 Chicago Main-TIF 644,590 1,005,967 (361,377) (526,476) 398,793 350 Special Service Area (SSA) #6 124,029 111,175 12,855 71,274 71,273 355 Special Service Area (SSA) #7 76,135 75,186 949 21,939 21,939 360 Special Service Area (SSA) #8 32,208 26,529 5,679 14,438 14,439 361 Special Service Area (SSA) #10 - - - - - 365 Five-Fifth TIF 809,333 166,084 643,249 933,026 933,028 415 Capital Improvements 2,954,591 11,266,371 (8,311,780) (16,402,305) (10,166,478) 416 Crown Construction 156,069 789,920 (633,852) 4,493,363 4,493,364 417 Crown Community CTR Maintenance 145,830 - 145,830 985,867 985,867 420 Special Assessment 210,425 15,592 194,833 1,397,513 1,397,512 505 Parking 8,863,902 9,097,354 (233,452) 2,418,646 1,712,533 510 Water 39,983,769 32,739,403 7,244,367 12,396,375 13,745,878 515 Sewer 7,341,996 6,775,887 566,109 10,912,524 9,931,355 520 Solid Waste 4,983,809 4,715,863 267,946 3,995,734 2,885,434 600 Fleet 3,556,620 3,101,160 455,460 1,987,153 491,939 601 Equipment Replacement 2,429,007 4,460,622 (2,031,614) 2,742,268 1,533,617 605 Insurance 18,553,220 18,505,259 47,961 4,653,988 6,419,365 All Funds Total 240,649,358 245,144,761 (4,495,403) 109,773,017 124,213,653 Page 2 Section 2 - General Fund Revenues and Expenses The unaudited financials as of October 31, 2025 show the General Fund with a fund balance of $48,456,068 and a cash balance of $44,528,972. 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 September allocations until December 2025. Other 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 $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. • In May, the City received the $3.09M CBA payment from Northwestern and recorded it in the Good Neighbor Fund (180). In June, staff transferred the following amounts out of the Good Neighbor Fund: $1,545,000 to the General Fund (100), $1,030,000 to the Affordable Housing Fund (250), $515,000 to the Sustainability Fund (178). • The second installment of property tax bills has been sent out by Cook County with a due date of December 15, 2025 At this point in 2024, the City had already received most of the second installments of property tax bills. Table 2 FY 2025 General Fund Actual Revenues (through October 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. Revenue FY 2025 Budget FY 2025 YTD Actual % of Budget FY 2024 YTD Actual 51017 - PENSION PROPERTY TAX 19,990,105 10,732,561 54%19,651,233 51545 - STATE INCOME TAX 13,500,000 11,008,494 82%10,458,444 51525 - SALES TAX - BASIC 13,350,000 10,930,714 82%9,894,878 51530 - SALES TAX - HOME RULE 10,500,000 8,597,558 82%7,721,498 51015 - PROPERTY TAXES 9,449,797 5,102,376 54%8,803,031 53565 - RECREATION PROGRAM FEES 8,217,409 5,827,168 71%6,142,894 52080 - BUILDING PERMITS 5,000,000 10,500,869 210%14,980,663 52505 - TICKET FINES-PARKING 3,800,000 2,910,583 77%2,672,943 51595 - LIQUOR TAX 3,300,000 2,159,872 65%2,185,086 51515 - STATE USE TAX 2,900,000 486,217 17%2,116,698 51565 - ELECTRIC UTILITY TAX 2,900,000 2,103,798 73%2,188,325 51600 - PARKING TAX 2,900,000 1,936,999 67%2,204,085 52010 - WHEEL TAX 2,800,000 2,097,999 75%2,256,136 53675 - AMBULANCE SERVICE 2,800,000 2,331,075 83%1,894,938 51605 - PERSONAL PROPERTY REPLACEMENT TAX2,500,000 1,126,781 45%1,640,830 51620 - REAL ESTATE TRANSFER TAX*2,500,000 2,565,599 103%1,053,649 53676 - GEMT SERVICE REVENUE 2,500,000 1,581,783 63%1,583,242 51550 - MUNICIPAL HOTEL TAX 2,350,000 1,631,718 69%1,768,154 51570 - NATURAL GAS UTILITY TAX 1,500,000 1,208,392 81%1,039,537 51630 - AMUSEMENT TAX 1,300,000 915,288 70%987,552 51625 - TELECOMMUNICATIONS TAX 1,050,000 801,413 76%781,261 51590 - EVANSTON MOTOR FUEL TAX 1,000,000 701,327 70%909,709 ALL OTHER GF REVENUE 14,088,934 21,404,628 152%18,489,453 TRANSFERS FROM OTHER FUNDS 10,031,740 8,654,780 86%7,186,690 GF TOTAL**140,227,985 117,317,991 84%128,610,930 Page 3 Table 3 FY 2025 General Fund Actual Expenses (through October 31, 2025) By Department Police and Fire Overtime Through October 31, 2025, Police has spent 106% of budgeted overtime and Fire has spent 97% of budgeted overtime. Table 4 FY 2025 Police and Fire Overtime YTD Expenses (through October 31, 2025) Section 3 - Enterprise Funds Parking Fund Through October 31, 2025, the Parking Fund is showing a fund balance of $2,418,646 and a cash balance of $1,712,533. Water Fund Through October 31, 2025, the Water Fund is showing a fund balance of $12,396,375 and a cash balance of $13,745,878. A significant portion of this fund balance are 2024 bond proceeds which the City continues to spend down on capital projects. Sewer Fund Through October 31, 2025, the Sewer Fund is showing a fund balance of $10,912,524 and a cash balance of $9,931,355. Solid Waste Fund Through October 31, 2025, the Solid Waste Fund is showing a fund balance of $3,995,734 and a cash balance of $2,885,434. Funds FY 2025 Budget FY 2025 YTD Actual % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget Expenses 13 CITY COUNCIL 594,319 388,021 65%594,133 491,432 83% 14 CITY CLERK 538,319 412,870 77%535,355 313,251 59% 15 CITY MANAGER'S OFFICE 12,228,582 9,719,265 79%10,177,532 10,348,429 102% 17 LAW 1,521,045 1,457,036 96%1,354,786 1,008,526 74% 19 ADMINISTRATIVE SERVICES 13,527,596 10,913,560 81%15,148,003 11,502,334 76% 21 COMMUNITY DEVELOPMENT 5,078,229 3,499,813 69%4,687,076 3,304,527 71% 22 POLICE 36,152,937 29,490,747 82%35,221,511 27,679,840 79% 23 FIRE MGMT & SUPPORT 23,294,964 19,152,129 82%22,110,663 18,464,155 84% 24 HEALTH 1,969,411 1,534,732 78%1,817,273 1,509,487 83% 30 PARKS AND RECREATION 15,760,980 13,182,865 84%14,547,351 15,396,498 106% 40 PUBLIC WORKS AGENCY 16,350,871 12,595,857 77%15,868,893 11,104,170 70% 99 NON-DEPARTMENTAL 24,261,149 15,535,681 64%21,864,968 25,556,455 117% Expenses Total 151,278,402 117,882,576 78%143,927,543 126,679,106 88% General Fund OT Costs FY 2025 Budget FY 2025 YTD Actual % of Budget FY 2024 Budget FY 2024 YTD Actual % of Budget Police 2,036,349 2,166,056 106%1,736,349 1,706,943 98% Fire 1,329,500 1,291,837 97%1,084,000 1,098,732 101% Page 4 Section 4 - Other Funds Capital Improvements Fund Through October 31, 2025, the CIP Fund is showing a fund balance of ($16,402,305) and a cash balance of ($10,166,478). 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 October 31, 2025, the Fleet Fund is showing a fund balance of $1,987,153 and a cash balance of $491,939. The difference between cash and fund balance is primarily due to inventory on hand. Insurance Fund Through October 31, 2025, the Insurance Fund is showing a fund balance of $4,653,988 and a cash balance of $6,419,365. Page 5 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 100 GENERAL FUND Revenue Other Revenue 1,849,000 1,859,402 101% 1,301,500 1,372,512 105% Charges for Services 12,765,709 11,150,190 87% 11,655,200 9,763,898 84% Fines and Forfeitures 4,375,000 3,618,087 83% 3,725,000 3,374,943 91% Interest Income 750,000 1,775,757 237% 500,000 1,681,305 336% Interfund Transfers 10,031,740 8,654,780 86% 9,623,390 7,186,690 75% Intergovernmental Revenue 4,404,334 3,467,972 79% 3,966,034 3,235,244 82% Licenses, Permits and Fees 9,597,300 13,723,641 143% 7,336,450 18,021,861 246% Other Taxes 67,015,000 57,233,224 85% 66,300,000 54,969,659 83% Property Taxes 29,439,902 15,834,937 54% 29,047,402 29,004,818 100% Revenue Total 140,227,985 117,317,991 84% 133,454,976 128,610,930 96% Expenses Capital Outlay 398,978 54,373 14% 272,000 2,799,957 1029% Community Sponsored Organizations 120,000 108,666 91% 120,000 105,909 88% Contingencies 125,000 354,636 284% 126,000 257 0% Insurance and Other Chargebacks 33,489,844 18,735,064 56% 29,463,684 28,954,074 98% Interfund Transfers 4,457,100 3,580,910 80% 4,887,100 7,366,670 151% Miscellaneous 1,029,798 959,963 93% 1,545,213 719,881 47% Salary and Benefits 91,592,836 75,987,860 83% 88,012,393 69,992,190 80% Services and Supplies 20,064,846 18,101,104 90% 19,501,153 16,745,078 86% Expenses Total 151,278,402 117,882,576 78% 143,927,543 126,684,017 88% 170 AMERICAN RESCUE PLAN Revenue Other Revenue - (49,726) - 14,728 Interest Income 650,000 576,487 89% 50,000 1,161,323 2323% Intergovernmental Revenue - - Revenue Total 650,000 526,762 81% 50,000 1,176,051 2352% Expenses Capital Outlay 2,431,300 1,120,185 46% 10,188,900 2,779,976 27% Community Sponsored Organizations 2,542,000 62,371 2% - 457,076 Insurance and Other Chargebacks 100,000 23,893 24% 100,000 28,154 28% Interfund Transfers 1,500,000 1,500,000 100% 1,250,000 1,667,200 133% Miscellaneous 8,396,724 911,907 11% 10,294,191 1,025,684 10% Salary and Benefits 115,871 - 0% - 1,031 Services and Supplies 2,977,080 193,138 6% 3,275,000 581,261 18% Expenses Total 18,062,975 3,811,495 21% 25,108,091 6,540,381 26% City of Evanston Monthly Financial Details October 2025 Page 6 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 175 GENERAL ASSISTANCE FUND Revenue Other Revenue 27,500 27,907 101% 27,500 5,506 20% Interest Income 1,000 48,117 4812% 1,000 70,365 7037% Property Taxes 750,000 579,016 77% 1,050,000 1,080,338 103% Revenue Total 778,500 655,040 84% 1,078,500 1,156,209 107% Expenses Miscellaneous 7,000 15,702 224% 7,000 6,551 94% Salary and Benefits 560,420 478,675 85% 539,408 463,997 86% Services and Supplies 775,500 633,174 82% 874,482 541,165 62% Expenses Total 1,342,920 1,127,550 84% 1,420,890 1,011,712 71% 176 HUMAN SERVICES FUND Revenue Other Revenue 20,000 8,000 40% 20,000 - 0% Interest Income 6,000 14,054 234% 6,000 53,525 892% Intergovernmental Revenue 335,000 328,257 98% 114,000 795,135 697% Property Taxes 3,650,000 1,825,000 50% 3,360,000 3,360,000 100% Revenue Total 4,011,000 2,175,311 54% 3,500,000 4,208,660 120% Expenses Community Sponsored Organizations 60,000 619,473 1032% 60,000 477,556 796% Insurance and Other Chargebacks - (6,719) - 11,470 Miscellaneous 210,000 220,580 105% 210,000 223,314 106% Salary and Benefits 3,288,979 2,624,349 80% 2,654,369 2,108,217 79% Services and Supplies 2,801,998 1,258,339 45% 2,334,063 1,353,170 58% Expenses Total 6,360,977 4,716,021 74% 5,258,432 4,173,726 79% 177 REPARATIONS FUND Revenue Other Revenue - 1,030 - 3,499 Interest Income 2,500 6,552 262% 2,500 25,043 1002% Intergovernmental Revenue 100,000 - 0% 100,000 - 0% Other Taxes 1,200,000 1,000,000 83% 1,400,000 1,000,000 71% Revenue Total 1,302,500 1,007,582 77% 1,502,500 1,028,542 68% Expenses Miscellaneous 1,200,000 1,296,640 108% 3,400,000 2,390,901 70% Services and Supplies 101,000 1,307 1% 101,000 113,525 112% Expenses Total 1,301,000 1,297,947 100% 3,501,000 2,504,427 72% City of Evanston Monthly Financial Details October 2025 Page 7 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 178 SUSTAINABILITY FUND Revenue Other Revenue 500,000 - 0% 650,000 69,909 11% Fines and Forfeitures 10,000 - 0% Interest Income 2,000 15,648 782% 2,000 21,862 1093% Interfund Transfers 800,000 715,000 89% 700,000 666,670 95% Intergovernmental Revenue 260,000 - 0% 10,000 10,000 100% Licenses, Permits and Fees - - 500,000 346,302 69% Revenue Total 1,572,000 730,648 46% 1,862,000 1,114,742 60% Expenses Community Sponsored Organizations 500,000 - 0% 500,000 - 0% Miscellaneous 190,000 194,168 102% 525,000 59,667 11% Salary and Benefits 400,513 187,638 47% 250,368 212,176 85% Services and Supplies 616,000 261,348 42% 725,120 465,837 64% Expenses Total 1,706,513 643,155 38% 2,000,488 737,679 37% 180 GOOD NEIGHBOR FUND Revenue Other Revenue 3,000,000 3,090,000 103% 3,000,000 3,250,000 108% Interest Income - 8,063 1,000 22,084 2208% Revenue Total 3,000,000 3,098,063 103% 3,001,000 3,272,084 109% Expenses Interfund Transfers 3,000,000 3,090,000 103% 3,000,000 1,500,000 50% Miscellaneous 164,000 - 0% 314,000 - 0% Services and Supplies - 686,017 - 250,903 Expenses Total 3,164,000 3,776,017 119% 3,314,000 1,750,903 53% 185 LIBRARY FUND Revenue Other Revenue 402,000 264,326 66% 405,000 192,584 48% Charges for Services 1,000 277 28% 400 1,571 393% Interest Income 25,000 246,174 985% 25,000 293,294 1173% Interfund Transfers 173,750 173,570 100% 216,999 173,570 80% Intergovernmental Revenue 155,000 152,895 99% 200,213 243,149 121% Property Taxes 8,624,347 4,444,135 52% 8,213,664 8,245,299 100% Library Revenue 82,000 90,786 111% 109,394 119,439 109% Revenue Total 9,463,097 5,372,162 57% 9,170,670 9,268,906 101% Expenses Capital Outlay 2,000 880 44% 3,500 - 0% Insurance and Other Chargebacks - 2,531 Interfund Transfers 360,325 993,834 276% 360,325 300,260 83% Salary and Benefits 7,497,302 5,613,237 75% 7,264,128 5,037,851 69% Services and Supplies 2,147,619 1,829,251 85% 2,313,194 1,564,879 68% Expenses Total 10,007,246 8,437,202 84% 9,941,147 6,905,521 69% City of Evanston Monthly Financial Details October 2025 Page 8 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 186 LIBRARY DEBT SERVICE FUND Revenue Property Taxes 576,946 288,473 50% 574,677 574,676 100% Revenue Total 576,946 288,473 50% 574,677 574,676 100% 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 Other Revenue 1,900,000 - 0% 550,000 - 0% Interfund Transfers - 693,564 Revenue Total 1,900,000 693,564 37% 550,000 - 0% Expenses Capital Outlay 1,900,000 - 0% 550,000 157,800 29% Expenses Total 1,900,000 - 0% 550,000 157,800 29% 200 MOTOR FUEL TAX FUND Revenue Interest Income 50,000 287,320 575% 15,000 309,357 2062% Intergovernmental Revenue 3,300,000 2,941,108 89% 2,986,239 2,868,192 96% Revenue Total 3,350,000 3,228,428 96% 3,001,239 3,177,548 106% Expenses Capital Outlay 4,469,650 1,456,249 33% 4,405,000 1,239,294 28% Salary and Benefits 325,000 - 0% Services and Supplies 1,890,000 1,083,755 57% 1,890,000 1,371,650 73% Expenses Total 6,359,650 2,540,004 40% 6,620,000 2,610,944 39% City of Evanston Monthly Financial Details October 2025 Page 9 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 205 EMERGENCY TELEPHONE (E911) FUND Revenue Other Revenue - 9,000 Interest Income 15,000 10,000 67% 7,000 27,936 399% Other Taxes 1,450,000 1,153,958 80% 1,450,000 1,323,175 91% Revenue Total 1,465,000 1,172,958 80% 1,457,000 1,351,112 93% Expenses Capital Outlay 445,000 595,612 134% 480,000 289,097 60% Insurance and Other Chargebacks 19,142 15,950 83% 19,142 15,950 83% Interfund Transfers 100,000 83,330 83% 100,000 83,330 83% Miscellaneous - 338 Salary and Benefits 903,749 639,531 71% 810,331 633,644 78% Services and Supplies 394,950 480,327 122% 368,350 453,193 123% Expenses Total 1,862,841 1,814,751 97% 1,777,823 1,475,551 83% 206 FOREIGN FIRE INSURANCE Revenue Interfund Transfers - 27,500 Other Taxes 250,000 - 0% Revenue Total 250,000 - 0% - 27,500 Expenses Capital Outlay 200,000 - 0% Expenses Total 200,000 - 0% 210 SPECIAL SERVICE AREA (SSA) #9 Revenue Interest Income - 2,245 - 9,317 Property Taxes 642,145 287,504 45% 592,665 609,713 103% Revenue Total 642,145 289,750 45% 592,665 619,030 104% Expenses Services and Supplies 642,145 287,504 45% 575,000 618,341 108% Expenses Total 642,145 287,504 45% 575,000 618,341 108% City of Evanston Monthly Financial Details October 2025 Page 10 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 215 CDBG FUND Revenue Other Revenue - 161,622 Interest Income - 1,430 - 3,388 Intergovernmental Revenue 2,616,400 530,565 20% 3,068,463 785,262 26% Revenue Total 2,616,400 693,618 27% 3,068,463 788,649 26% Expenses Capital Outlay 1,160,000 354,477 31% - 506,470 Community Sponsored Organizations - 117,500 75,000 280,558 374% Insurance and Other Chargebacks - 272,104 - 156,384 Miscellaneous 2,198,445 217 0% 2,341,499 - 0% Salary and Benefits 319,903 273,675 86% 681,559 414,805 61% Services and Supplies 110,650 32,937 30% 17,480 21,529 123% Expenses Total 3,788,998 1,050,910 28% 3,115,538 1,379,746 44% 220 CDBG LOAN FUND Revenue Other Revenue 301,565 46,954 16% 443,121 7,341 2% Interest Income 5,000 13,172 263% 5,000 17,947 359% Revenue Total 306,565 60,126 20% 448,121 25,288 6% Expenses Services and Supplies 306,565 22,535 7% 440,000 57,103 13% Expenses Total 306,565 22,535 7% 440,000 57,103 13% 235 NEIGHBORHOOD IMPROVEMENT Revenue Interest Income - 317 - 559 Revenue Total - 317 - 559 Expenses Services and Supplies - 1 Expenses Total - 1 240 HOME FUND Revenue Other Revenue 25,000 22,695 91% 25,000 39,852 159% Interest Income 150 1,002 668% 150 380 253% Intergovernmental Revenue 2,256,469 28,535 1% 2,345,000 89,415 4% Revenue Total 2,281,619 52,232 2% 2,370,150 129,646 5% Expenses Insurance and Other Chargebacks 1,150,000 (10,740) -1% 1,150,000 32,799 3% Miscellaneous 2,000 - 0% 2,000 207 10% Salary and Benefits 42,847 34,310 80% 68,137 45,723 67% Services and Supplies 1,081,065 42,653 4% 801,065 55,374 7% Expenses Total 2,275,912 66,223 3% 2,021,202 134,102 7% City of Evanston Monthly Financial Details October 2025 Page 11 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 250 AFFORDABLE HOUSING FUND Revenue Other Revenue 130,000 399,131 307% 130,000 439,583 338% Interest Income 40,000 167,547 419% 8,000 150,532 1882% Interfund Transfers 1,000,000 1,030,000 103% 1,000,000 1,000,000 100% Intergovernmental Revenue - 10,493 145,000 122,970 85% Other Taxes 50,000 63,058 126% 50,000 20,000 40% Revenue Total 1,220,000 1,670,228 137% 1,333,000 1,733,085 130% Expenses Community Sponsored Organizations - 10,493 154,000 107,861 70% Insurance and Other Chargebacks - (20,433) 11,000 19,581 178% Miscellaneous 1,001,500 37,999 4% 1,051,500 51,380 5% Salary and Benefits 175,980 78,506 45% 41,038 26,150 64% Services and Supplies 1,185,000 613,699 52% 1,670,000 33,773 2% Expenses Total 2,362,480 720,264 30% 2,927,538 238,745 8% 320 DEBT SERVICE FUND Revenue Other Revenue 1,393,221 - 0% - 13,955 Interest Income 10,000 323,100 3231% 10,000 258,306 2583% Interfund Transfers 1,822,547 1,231,000 68% 2,693,941 1,913,830 71% Property Taxes 12,766,093 7,015,553 55% 12,766,093 13,025,460 102% Revenue Total 15,991,861 8,569,653 54% 15,470,034 15,211,551 98% Expenses Interfund Transfers - - Services and Supplies 7,000 6,300 90% 6,600 6,320 96% Debt Service 15,981,861 2,617,870 16% 15,460,034 2,418,057 16% Expenses Total 15,988,861 2,624,170 16% 15,466,634 2,424,377 16% 330 HOWARD-RIDGE TIF FUND Revenue Other Revenue - 35,000 5,000 28,000 560% Interest Income 12,000 48,372 403% 10,000 81,765 818% Property Taxes 1,336,000 621,611 47% 1,100,000 1,311,460 119% Revenue Total 1,348,000 704,983 52% 1,115,000 1,421,225 127% Expenses Capital Outlay 100,000 4,738 5% 50,000 934,292 1869% Interfund Transfers 343,913 286,590 83% 363,513 302,930 83% Miscellaneous 350,000 32,925 9% - 46,223 Services and Supplies 63,500 7,342 12% 65,000 14,595 22% Expenses Total 857,413 331,596 39% 478,513 1,298,040 271% City of Evanston Monthly Financial Details October 2025 Page 12 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 335 WEST EVANSTON TIF FUND Revenue Interest Income 6,000 61,001 1017% 5,000 138,793 2776% Property Taxes 2,211,000 1,122,123 51% 1,450,000 2,055,699 142% Revenue Total 2,217,000 1,183,124 53% 1,455,000 2,194,492 151% Expenses Capital Outlay 1,560,790 725,802 47% 3,315,000 1,121,610 34% Interfund Transfers 110,550 92,130 83% 75,000 62,500 83% Miscellaneous 52,000 51,064 98% 12,000 91,384 762% Services and Supplies 1,100,000 2,985 0% 1,005,000 90,962 9% Expenses Total 2,823,340 871,980 31% 4,407,000 1,366,456 31% 340 DEMPSTER-DODGE TIF FUND Revenue Interest Income 3,000 23,916 797% 1,000 37,867 3787% Property Taxes 488,000 268,898 55% 180,000 488,906 272% Revenue Total 491,000 292,815 60% 181,000 526,773 291% Expenses Interfund Transfers 193,343 161,120 83% 176,857 147,380 83% Miscellaneous 10,000 4,375 44% - 25,000 Services and Supplies 2,000 1,566 78% 2,000 356 18% Expenses Total 205,343 167,061 81% 178,857 172,736 97% 345 CHICAGO-MAIN TIF Revenue Other Revenue 1,880,000 50,000 3% Interest Income 10,000 26,790 268% 5,000 77,774 1555% Property Taxes 1,295,000 617,800 48% 1,000,000 1,167,349 117% Revenue Total 1,305,000 644,590 49% 2,885,000 1,295,123 45% Expenses Capital Outlay 260,000 690,365 266% 260,000 283,348 109% Interfund Transfers 307,990 256,660 83% 272,480 227,070 83% Miscellaneous 540,000 44,085 8% 250,000 20,157 8% Services and Supplies 50,010 14,857 30% 15,010 1,775 12% Expenses Total 1,158,000 1,005,967 87% 797,490 532,350 67% 350 SPECIAL SERVICE AREA (SSA) #6 Revenue Interest Income 250 4,588 1835% 250 15,442 6177% Property Taxes 221,000 119,441 54% 221,000 220,108 100% Revenue Total 221,250 124,029 56% 221,250 235,550 106% Expenses Services and Supplies 220,000 111,175 51% 220,000 214,230 97% Expenses Total 220,000 111,175 51% 220,000 214,230 97% City of Evanston Monthly Financial Details October 2025 Page 13 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 355 SPECIAL SERVICE AREA (SSA) #7 Revenue Interest Income 200 949 475% 200 2,508 1254% Property Taxes 142,000 75,186 53% 142,000 143,776 101% Revenue Total 142,200 76,135 54% 142,200 146,283 103% Expenses Services and Supplies 140,000 75,186 54% 140,000 139,844 100% Expenses Total 140,000 75,186 54% 140,000 139,844 100% 360 SPECIAL SERVICE AREA (SSA) #8 Revenue Interest Income - 402 - 1,119 Property Taxes 60,200 31,806 53% 60,200 58,230 97% Revenue Total 60,200 32,208 54% 60,200 59,349 99% Expenses Services and Supplies 60,200 26,529 44% 60,200 57,832 96% Expenses Total 60,200 26,529 44% 60,200 57,832 96% 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% 365 FIVE FIFTH TIF FUND Revenue Other Revenue - 2,032 Interest Income 1,000 25,794 2579% - 11,290 Property Taxes 1,477,000 781,508 53% - 1,107,339 Revenue Total 1,478,000 809,333 55% - 1,118,628 Expenses Capital Outlay 140,520 100,004 71% - - Interfund Transfers 73,850 61,540 83% Miscellaneous 60,000 2,974 5% - 8,224 Services and Supplies 950,000 1,566 0% 100,000 322,806 323% Expenses Total 1,224,370 166,084 14% 100,000 331,030 331% City of Evanston Monthly Financial Details October 2025 Page 14 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 415 CAPITAL IMPROVEMENTS FUND Revenue Other Revenue 21,225,000 1,235,664 6% 23,283,500 19,202,445 82% Charges for Services - 6,729 Interest Income 75,000 106,413 142% - 336,674 Intergovernmental Revenue 5,027,000 969,914 19% 1,470,000 1,122,329 76% Licenses, Permits and Fees - 642,600 Revenue Total 26,327,000 2,954,591 11% 24,753,500 20,668,177 83% Expenses Capital Outlay 24,532,000 9,908,373 40% 23,358,500 12,749,828 55% Services and Supplies 1,690,000 1,357,998 80% 1,860,000 1,907,182 103% Expenses Total 26,222,000 11,266,371 43% 25,218,500 14,657,009 58% 416 CROWN CONSTRUCTION FUND Revenue Other Revenue 1,000,000 16,121 2% 1,000,000 275,770 28% Interest Income 10,000 139,947 1399% 10,000 227,823 2278% Intergovernmental Revenue - 500,000 Revenue Total 1,010,000 156,069 15% 1,010,000 1,003,593 99% Expenses Capital Outlay 200,000 291,262 146% 200,000 109,660 55% Interfund Transfers 588,369 490,310 83% 619,118 515,930 83% Services and Supplies 60 8,348 13913% 60 9,898 16497% Expenses Total 788,429 789,920 100% 819,178 635,488 78% 417 CROWN COMMUNITY CTR MAINTENANCE Revenue Interfund Transfers 175,000 145,830 83% 175,000 145,830 83% Revenue Total 175,000 145,830 83% 175,000 145,830 83% Expenses Capital Outlay 175,000 - 0% 175,000 - 0% Expenses Total 175,000 - 0% 175,000 - 0% 420 SPECIAL ASSESSMENT FUND Revenue Interest Income 20,000 56,125 281% 35,000 27,964 80% Interfund Transfers - 1,000,000 Other Taxes 200,000 154,299 77% 125,000 122,213 98% Revenue Total 220,000 210,425 96% 160,000 1,150,177 719% Expenses Capital Outlay 1,650,000 15,542 1% 452,500 290,327 64% Interfund Transfers 230,631 - 0% 425,652 76,670 18% Services and Supplies 50 50 100% 50 50 100% Expenses Total 1,880,681 15,592 1% 878,202 367,047 42% City of Evanston Monthly Financial Details October 2025 Page 15 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 505 PARKING SYSTEM FUND Revenue Other Revenue 538,900 509,557 95% 422,900 304,305 72% Charges for Services 8,980,000 8,258,624 92% 8,420,000 8,382,975 100% Interest Income 40,000 95,720 239% 25,000 134,062 536% Intergovernmental Revenue 1,100,000 - 0% Licenses, Permits and Fees 300,000 - 0% - 225 Revenue Total 9,858,900 8,863,902 90% 9,967,900 8,821,567 88% Expenses Capital Outlay 2,425,000 1,139,068 47% - 143 Insurance and Other Chargebacks 369,077 307,560 83% 369,077 307,560 83% Interfund Transfers 3,180,390 2,650,320 83% 3,180,390 2,650,320 83% Miscellaneous - 64 Salary and Benefits 1,310,682 1,058,447 81% 1,582,397 1,344,256 85% Services and Supplies 4,521,650 3,926,009 87% 4,220,350 4,114,101 97% Debt Service 76,900 15,950 21% 79,150 17,075 22% Expenses Total 11,883,699 9,097,354 77% 9,431,364 8,433,518 89% 510 WATER FUND Revenue Other Revenue 35,718,235 14,294,756 40% 66,234,150 25,993,663 39% Charges for Services 28,625,100 24,219,440 85% 25,259,051 20,649,305 82% Interest Income 150,000 629,133 419% 70,000 341,493 488% Intergovernmental Revenue - 794,663 Licenses, Permits and Fees 50,000 45,778 92% 50,000 77,208 154% Revenue Total 64,543,335 39,983,769 62% 91,613,201 47,061,668 51% Expenses Capital Outlay 37,825,905 13,369,897 35% 58,470,500 21,193,150 36% Contingencies - 9 1,000 - 0% Insurance and Other Chargebacks 1,665,135 1,387,610 83% 1,665,135 1,396,572 84% Interfund Transfers 4,363,000 3,635,840 83% 4,363,000 3,635,840 83% Miscellaneous 10,000 - 0% Salary and Benefits 7,478,277 5,953,624 80% 7,936,849 5,243,495 66% Services and Supplies 11,060,370 6,230,897 56% 10,284,310 5,405,509 53% Debt Service 6,395,895 2,161,525 34% 4,826,609 1,855,620 38% Expenses Total 68,788,582 32,739,403 48% 87,557,403 38,730,185 44% City of Evanston Monthly Financial Details October 2025 Page 16 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 515 SEWER FUND Revenue Other Revenue 1,000 - 0% 1,000 768 77% Charges for Services 8,080,000 7,092,455 88% 10,229,424 7,770,217 76% Interest Income 80,000 249,541 312% 25,000 110,723 443% Revenue Total 8,161,000 7,341,996 90% 10,255,424 7,881,708 77% Expenses Capital Outlay 3,820,000 1,687,843 44% 2,950,000 153,491 5% Insurance and Other Chargebacks 369,800 308,170 83% 369,800 308,170 83% Interfund Transfers 1,642,251 1,368,540 83% 1,271,321 1,059,430 83% Salary and Benefits 1,444,286 1,066,899 74% 1,546,276 976,101 63% Services and Supplies 538,500 295,596 55% 1,718,600 703,787 41% Debt Service 2,668,164 2,048,839 77% 3,550,270 2,477,563 70% Expenses Total 10,483,001 6,775,887 65% 11,406,267 5,678,542 50% 520 SOLID WASTE FUND Revenue Other Revenue 39,350 10,448 27% 38,000 7,892 21% Charges for Services 5,267,000 4,197,127 80% 4,902,674 3,945,863 80% Interest Income 3,000 65,650 2188% 3,000 19,385 646% Interfund Transfers 100,000 - 0% 100,000 47,170 47% Licenses, Permits and Fees 351,000 235,584 67% 375,000 420,605 112% Property Taxes 950,000 475,000 50% 1,332,500 1,332,500 100% Revenue Total 6,710,350 4,983,809 74% 6,751,174 5,773,414 86% Expenses Capital Outlay 825,000 147,352 18% 850,000 108,248 13% Interfund Transfers 418,600 348,830 83% 418,600 348,830 83% Miscellaneous 30,000 17,704 59% 30,000 8,844 29% Salary and Benefits 1,858,244 1,326,745 71% 1,893,717 1,447,339 76% Services and Supplies 3,793,214 2,875,231 76% 4,081,466 3,299,960 81% Expenses Total 6,925,058 4,715,863 68% 7,273,783 5,213,221 72% City of Evanston Monthly Financial Details October 2025 Page 17 Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual % of Budget 600 FLEET SERVICES FUND Revenue Other Revenue 44,000 38,809 88% 44,000 95,065 216% Charges for Services 4,216,140 3,513,602 83% 4,216,140 3,513,440 83% Interest Income 1,000 4,209 421% 1,000 3,318 332% Revenue Total 4,261,140 3,556,620 83% 4,261,140 3,611,823 85% Expenses Capital Outlay - 35,530 Salary and Benefits 1,715,375 1,394,036 81% 1,624,232 1,321,989 81% Services and Supplies 2,488,890 1,707,124 69% 2,588,890 1,868,828 72% Expenses Total 4,204,265 3,101,160 74% 4,213,122 3,226,346 77% 601 EQUIPMENT REPLACEMENT FUND Revenue Other Revenue 50,000 69,502 139% 25,000 135,195 541% Charges for Services 874,885 729,070 83% 754,885 629,070 83% Interest Income 2,000 32,673 1634% 2,000 24,266 1213% Interfund Transfers 1,500,000 1,500,000 100% - 3,550,000 Intergovernmental Revenue - 97,762 1,250,000 - 0% Revenue Total 2,426,885 2,429,007 100% 2,031,885 4,338,531 214% Expenses Capital Outlay 5,296,912 4,437,723 84% 3,365,167 1,209,616 36% Services and Supplies 200,000 22,899 11% - 779 Expenses Total 5,496,912 4,460,622 81% 3,365,167 1,210,394 36% 605 INSURANCE FUND Revenue Other Revenue 12,180,000 9,501,560 78% 12,859,571 8,954,432 70% Charges for Services - 9,005 - 3,620 Interest Income - 65,491 - 48,260 Insurance 10,175,654 8,260,525 81% 10,098,091 8,109,503 80% Workers Compensation and Liability 886,000 716,639 81% 886,000 761,586 86% Revenue Total 23,241,654 18,553,220 80% 23,843,662 17,877,401 75% Expenses Insurance and Other Chargebacks 18,412,500 15,185,342 82% 19,330,965 14,264,510 74% Salary and Benefits 193 4,855 2514% 3,805 4,704 124% Services and Supplies 3,961,000 3,315,061 84% 3,660,000 2,885,374 79% Expenses Total 22,373,693 18,505,259 83% 22,994,770 17,154,587 75% City of Evanston Monthly Financial Details October 2025 Page 18