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HomeMy WebLinkAbout2025.11 November Monthly Report Memorandum To: Luke Stowe, City Manager From: Hitesh Desai, CFO/City Treasurer Subject: November 2025 Monthly Financial Report Date: January 2, 2026 Please find attached the financial statements as of November 30, 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 November 30, 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 November 30, 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 November 30, 2025) Fund #Fund Revenue Expense Net Fund Balance Cash Balance 100 General 126,651,576 127,843,041 (1,191,464) 47,829,189 43,489,973 170 American Rescue Plan 551,153 3,973,773 (3,422,620) (2,029,776) 12,079,300 175 General Assistance 658,130 1,239,150 (581,021) 635,518 635,927 176 Human Services 2,185,058 4,985,891 (2,800,833) (1,355,888) (1,355,888) 177 Reparations 1,009,561 1,298,035 (288,473) (143,458) (143,458) 178 Sustainability 732,855 660,924 71,931 1,051,484 1,051,484 180 Good Neighbor 3,098,786 3,776,037 (677,251) 376,483 376,483 185 Library 5,436,740 9,285,846 (3,849,107) 1,753,625 1,755,978 186 Library Debt Service 288,473 103,433 185,040 187,821 187,822 187 Library Capital Improvement FD 693,564 - 693,564 - - 200 MFT 3,550,194 2,953,511 596,683 7,673,325 7,386,766 205 E911 1,288,895 1,976,390 (687,496) 503,286 286,921 206 Foreign Fire Insurance - - - 281,891 281,891 210 Special Service Area (SSA) #9 289,770 287,504 2,266 16,350 16,350 215 CDBG 883,626 1,094,724 (211,098) (151,775) (151,775) 220 CD Loan 95,804 31,568 64,236 406,910 406,911 235 Neighborhood Improvement 363 - 363 23,845 23,845 240 Home 59,764 69,525 (9,761) 27,570 27,570 250 Affordable Housing 1,708,103 746,646 961,458 5,185,675 5,185,674 320 Debt Service 8,724,245 2,624,170 6,100,075 9,553,081 9,553,081 330 Howard Ridge 711,346 362,539 348,807 2,263,111 2,247,448 335 West Evanston 1,186,686 884,151 302,535 2,724,606 2,724,606 340 Dempster-Dodge-TIF 294,209 183,173 111,036 1,092,253 1,092,252 345 Chicago Main-TIF 647,631 1,036,170 (388,540) (553,639) 371,630 350 Special Service Area (SSA) #6 124,118 111,175 12,943 71,362 71,362 355 Special Service Area (SSA) #7 76,162 75,186 977 21,967 21,966 360 Special Service Area (SSA) #8 32,226 26,529 5,697 14,456 14,457 361 Special Service Area (SSA) #10 - - - - - 365 Five-Fifth TIF 811,253 176,782 634,471 924,248 924,250 415 Capital Improvements 3,846,367 12,968,918 (9,122,551) (17,213,076) (10,977,248) 416 Crown Construction 211,330 838,956 (627,626) 4,499,589 4,499,589 417 Crown Community CTR Maintenance 160,413 - 160,413 1,000,450 1,000,450 420 Special Assessment 217,471 41,383 176,088 1,378,768 1,378,767 505 Parking 9,807,409 9,984,002 (176,594) 2,475,504 1,760,527 510 Water 42,961,860 35,164,689 7,797,170 12,949,178 14,302,025 515 Sewer 8,015,456 7,519,258 496,198 10,842,613 9,602,093 520 Solid Waste 6,000,442 5,335,574 664,868 4,392,656 2,760,470 600 Fleet 3,908,725 3,459,970 448,755 1,980,448 483,648 601 Equipment Replacement 2,504,697 4,521,032 (2,016,335) 2,757,547 1,540,243 605 Insurance 20,615,051 20,666,545 (51,494) 4,554,533 6,319,911 All Funds Total 260,039,512 266,306,202 (6,266,690) 108,001,730 121,233,297 Page 2 Section 2 - General Fund Revenues and Expenses The unaudited financials as of November 30, 2025 show the General Fund with a fund balance of $47,829,189 and a cash balance of $43,489,973. 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. Through the end of December, the City received only a portion of the second installment. 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 November 30, 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 51525 - SALES TAX - BASIC 13,350,000 13,676,742 102%12,174,652 51545 - STATE INCOME TAX 13,500,000 12,659,312 94%12,018,856 52080 - BUILDING PERMITS 5,000,000 11,709,161 234%15,657,357 51017 - PENSION PROPERTY TAX 19,990,105 10,732,561 54%19,976,379 51530 - SALES TAX - HOME RULE 10,500,000 10,697,786 102%9,550,397 53565 - RECREATION PROGRAM FEES 8,217,409 7,029,648 86%6,904,491 51015 - PROPERTY TAXES 9,449,797 5,102,376 54%9,028,439 52505 - TICKET FINES-PARKING 3,800,000 3,713,300 98%3,441,340 51620 - REAL ESTATE TRANSFER TAX 2,500,000 3,303,314 132%1,604,053 53675 - AMBULANCE SERVICE 2,800,000 2,935,468 105%2,660,500 51595 - LIQUOR TAX 3,300,000 2,852,535 86%2,790,258 51565 - ELECTRIC UTILITY TAX 2,900,000 2,677,552 92%2,712,522 52010 - WHEEL TAX 2,800,000 2,639,629 94%2,651,583 51600 - PARKING TAX 2,900,000 2,429,672 84%2,716,847 51550 - MUNICIPAL HOTEL TAX 2,350,000 2,314,890 99%2,328,398 53676 - GEMT SERVICE REVENUE 2,500,000 1,978,465 79%1,928,427 56501 - INVESTMENT INCOME 750,000 1,945,526 259%1,794,686 51605 - PERSONAL PROPERTY REPLACEMENT TAX2,500,000 1,479,889 59%2,021,781 51570 - NATURAL GAS UTILITY TAX 1,500,000 1,344,413 90%1,158,752 51630 - AMUSEMENT TAX 1,300,000 1,262,322 97%1,278,225 51625 - TELECOMMUNICATIONS TAX 1,050,000 978,392 93%963,565 51590 - EVANSTON MOTOR FUEL TAX 1,000,000 889,076 89%1,101,417 ALL OTHER GF REVENUE 16,238,934 12,933,791 80%21,943,233 TRANSFERS FROM OTHER FUNDS 10,031,740 9,365,758 93%9,363,639 GF TOTAL**140,227,985 126,651,576 90%138,406,159 Page 3 Table 3 FY 2025 General Fund Actual Expenses (through November 30, 2025) By Department Police and Fire Overtime Through November 30, 2025, Police has spent 115% of budgeted overtime and Fire has spent 107% of budgeted overtime. Table 4 FY 2025 Police and Fire Overtime YTD Expenses (through November 30, 2025) Section 3 - Enterprise Funds Parking Fund Through November 30, 2025, the Parking Fund is showing a fund balance of $2,475,504 and a cash balance of $1,760,527. Water Fund Through November 30, 2025, the Water Fund is showing a fund balance of $12,949,178 and a cash balance of $14,302,025. A significant portion of this fund balance are 2024 bond proceeds which the City continues to spend down on capital projects. Sewer Fund Through November 30, 2025, the Sewer Fund is showing a fund balance of $10,842,613 and a cash balance of $9,602,093. Solid Waste Fund Through November 30, 2025, the Solid Waste Fund is showing a fund balance of $4,392,656 and a cash balance of $2,760,470. Funds FY 2025 Budget FY 2025 YTD Actual % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget Expenses 13 CITY COUNCIL 594,319 430,932 73%594,133 534,137 90% 14 CITY CLERK 538,319 489,349 91%535,355 360,791 67% 15 CITY MANAGER'S OFFICE 12,228,582 10,680,505 87%10,177,532 10,994,693 108% 17 LAW 1,521,045 1,578,429 104%1,354,786 1,121,802 83% 19 ADMINISTRATIVE SERVICES 13,527,596 12,180,373 90%15,148,003 12,515,977 83% 21 COMMUNITY DEVELOPMENT 5,078,229 3,863,257 76%4,687,076 3,631,174 77% 22 POLICE 36,152,937 32,362,733 90%35,221,511 30,313,221 86% 23 FIRE MGMT & SUPPORT 23,294,964 20,880,732 90%22,110,663 20,145,114 91% 24 HEALTH 1,969,411 1,681,544 85%1,817,273 1,728,363 95% 30 PARKS AND RECREATION 15,760,980 14,326,777 91%14,547,351 16,655,524 114% 40 PUBLIC WORKS AGENCY 16,350,871 13,832,727 85%15,868,893 12,342,081 78% 99 NON-DEPARTMENTAL 24,261,149 15,535,681 64%21,864,968 25,556,455 117% Expenses Total 151,278,402 127,843,041 85%143,927,543 135,899,334 94% 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 2,333,326 115%1,736,349 1,841,668 106% Fire 1,329,500 1,421,630 107%1,084,000 1,172,237 108% Page 4 Section 4 - Other Funds Capital Improvements Fund Through November 30, 2025, the CIP Fund is showing a fund balance of ($17,213,076) and a cash balance of ($10,977,248). 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 November 30, 2025, the Fleet Fund is showing a fund balance of $1,980,448 and a cash balance of $483,648. The difference between cash and fund balance is primarily due to inventory on hand. Insurance Fund Through November 30, 2025, the Insurance Fund is showing a fund balance of $4,554,533 and a cash balance of $6,319,911. 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 2,128,880 115% 1,301,500 1,458,023 112% Charges for Services 12,765,709 12,303,034 96% 11,655,200 10,914,111 94% Fines and Forfeitures 4,375,000 4,032,425 92% 3,725,000 3,804,986 102% Interest Income 750,000 1,945,526 259% 500,000 1,794,686 359% Interfund Transfers 10,031,740 9,365,758 93% 9,623,390 9,363,639 97% Intergovernmental Revenue 4,404,334 3,881,840 88% 3,966,034 3,542,228 89% Licenses, Permits and Fees 9,597,300 14,946,845 156% 7,336,450 18,502,371 252% Other Taxes 67,015,000 62,212,331 93% 66,300,000 60,021,298 91% Property Taxes 29,439,902 15,834,937 54% 29,047,402 29,004,818 100% Revenue Total 140,227,985 126,651,576 90% 133,454,976 138,406,159 104% Expenses Capital Outlay 398,978 55,836 14% 272,000 2,814,372 1035% Community Sponsored Organizations 120,000 108,666 91% 120,000 105,909 88% Contingencies 125,000 380,119 304% 126,000 257 0% Insurance and Other Chargebacks 33,489,844 19,067,615 57% 29,463,684 29,285,494 99% Interfund Transfers 4,457,100 3,919,001 88% 4,887,100 7,711,428 158% Miscellaneous 1,029,798 1,061,458 103% 1,545,213 967,831 63% Salary and Benefits 91,592,836 83,182,437 91% 88,012,393 76,644,843 87% Services and Supplies 20,064,846 20,067,909 100% 19,501,153 18,374,110 94% Expenses Total 151,278,402 127,843,041 85% 143,927,543 135,904,245 94% 170 AMERICAN RESCUE PLAN Revenue Other Revenue - - - 17,171 Interest Income 650,000 551,152 85% 50,000 1,230,123 2460% Intergovernmental Revenue - - Revenue Total 650,000 551,153 85% 50,000 1,247,294 2495% Expenses Capital Outlay 2,431,300 1,168,322 48% 10,188,900 3,040,563 30% Community Sponsored Organizations 2,542,000 125,099 5% - 470,715 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 8,396,724 936,510 11% 10,294,191 1,404,481 14% Salary and Benefits 115,871 - 0% - 1,031 Services and Supplies 2,977,080 219,948 7% 3,275,000 588,076 18% Expenses Total 18,062,975 3,973,773 22% 25,108,091 7,200,220 29% City of Evanston Monthly Financial Details November 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 51,206 5121% 1,000 76,909 7691% Property Taxes 750,000 579,016 77% 1,050,000 1,080,338 103% Revenue Total 778,500 658,130 85% 1,078,500 1,162,753 108% Expenses Miscellaneous 7,000 15,717 225% 7,000 7,380 105% Salary and Benefits 560,420 525,213 94% 539,408 509,222 94% Services and Supplies 775,500 698,221 90% 874,482 600,343 69% Expenses Total 1,342,920 1,239,150 92% 1,420,890 1,116,945 79% 176 HUMAN SERVICES FUND Revenue Other Revenue 20,000 8,000 40% 20,000 - 0% Interest Income 6,000 14,054 234% 6,000 55,876 931% Intergovernmental Revenue 335,000 338,004 101% 114,000 877,394 770% Property Taxes 3,650,000 1,825,000 50% 3,360,000 3,360,000 100% Revenue Total 4,011,000 2,185,058 54% 3,500,000 4,293,270 123% Expenses Community Sponsored Organizations 60,000 622,473 1037% 60,000 670,217 1117% Insurance and Other Chargebacks - - - 11,470 Miscellaneous 210,000 224,134 107% 210,000 294,152 140% Salary and Benefits 3,288,979 2,872,238 87% 2,654,369 2,287,836 86% Services and Supplies 2,801,998 1,267,047 45% 2,334,063 1,368,245 59% Expenses Total 6,360,977 4,985,891 78% 5,258,432 4,631,920 88% 177 REPARATIONS FUND Revenue Other Revenue - 2,530 - 3,499 Interest Income 2,500 7,031 281% 2,500 25,232 1009% 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 1,009,561 78% 1,502,500 1,028,731 68% Expenses Miscellaneous 1,200,000 1,296,640 108% 3,400,000 2,407,417 71% Services and Supplies 101,000 1,395 1% 101,000 113,714 113% Expenses Total 1,301,000 1,298,035 100% 3,501,000 2,521,131 72% City of Evanston Monthly Financial Details November 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 17,855 893% 2,000 22,991 1150% Interfund Transfers 800,000 715,000 89% 700,000 683,337 98% Intergovernmental Revenue 260,000 - 0% 10,000 10,000 100% Licenses, Permits and Fees - - 500,000 396,299 79% Revenue Total 1,572,000 732,855 47% 1,862,000 1,182,536 64% Expenses Community Sponsored Organizations 500,000 - 0% 500,000 - 0% Miscellaneous 190,000 194,228 102% 525,000 69,647 13% Salary and Benefits 400,513 204,766 51% 250,368 234,298 94% Services and Supplies 616,000 261,930 43% 725,120 478,621 66% Expenses Total 1,706,513 660,924 39% 2,000,488 782,566 39% 180 GOOD NEIGHBOR FUND Revenue Other Revenue 3,000,000 3,090,000 103% 3,000,000 3,250,000 108% Interest Income - 8,786 1,000 23,743 2374% Revenue Total 3,000,000 3,098,786 103% 3,001,000 3,273,743 109% Expenses Interfund Transfers 3,000,000 3,090,000 103% 3,000,000 3,000,000 100% Miscellaneous 164,000 - 0% 314,000 - 0% Services and Supplies - 686,037 - 250,956 Expenses Total 3,164,000 3,776,037 119% 3,314,000 3,250,956 98% 185 LIBRARY FUND Revenue Other Revenue 402,000 311,643 78% 405,000 231,384 57% Charges for Services 1,000 320 32% 400 1,635 409% Interest Income 25,000 259,818 1039% 25,000 327,031 1308% Interfund Transfers 173,750 173,570 100% 216,999 173,570 80% Intergovernmental Revenue 155,000 152,895 99% 200,213 251,853 126% Property Taxes 8,624,347 4,444,135 52% 8,213,664 8,245,299 100% Library Revenue 82,000 94,358 115% 109,394 122,915 112% Revenue Total 9,463,097 5,436,740 57% 9,170,670 9,353,687 102% Expenses Capital Outlay 2,000 880 44% 3,500 - 0% Insurance and Other Chargebacks - 2,531 Interfund Transfers 360,325 1,023,861 284% 360,325 330,286 92% Salary and Benefits 7,497,302 6,168,356 82% 7,264,128 5,536,775 76% Services and Supplies 2,147,619 2,092,749 97% 2,313,194 1,702,669 74% Expenses Total 10,007,246 9,285,846 93% 9,941,147 7,572,261 76% City of Evanston Monthly Financial Details November 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% 574,677 574,676 100% Expenses Total 576,946 103,433 18% 574,677 574,676 100% 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% 550,000 167,250 30% Expenses Total 1,900,000 - 0% 550,000 167,250 30% 200 MOTOR FUEL TAX FUND Revenue Interest Income 50,000 311,977 624% 15,000 339,042 2260% Intergovernmental Revenue 3,300,000 3,238,217 98% 2,986,239 3,168,061 106% Revenue Total 3,350,000 3,550,194 106% 3,001,239 3,507,103 117% Expenses Capital Outlay 4,469,650 1,748,928 39% 4,405,000 1,240,592 28% Salary and Benefits 325,000 - 0% Services and Supplies 1,890,000 1,204,583 64% 1,890,000 1,397,300 74% Expenses Total 6,359,650 2,953,511 46% 6,620,000 2,637,892 40% City of Evanston Monthly Financial Details November 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 11,406 76% 7,000 28,979 414% Other Taxes 1,450,000 1,268,489 87% 1,450,000 1,439,624 99% Revenue Total 1,465,000 1,288,895 88% 1,457,000 1,468,603 101% Expenses Capital Outlay 445,000 598,693 135% 480,000 531,866 111% Insurance and Other Chargebacks 19,142 17,545 92% 19,142 17,545 92% Interfund Transfers 100,000 91,663 92% 100,000 91,663 92% Miscellaneous - 1,000 - 1,338 Salary and Benefits 903,749 694,720 77% 810,331 696,668 86% Services and Supplies 394,950 572,770 145% 368,350 465,151 126% Expenses Total 1,862,841 1,976,390 106% 1,777,823 1,804,230 101% 206 FOREIGN FIRE INSURANCE Revenue Interfund Transfers - 27,500 Other Taxes 250,000 - 0% - 245,475 Revenue Total 250,000 - 0% - 272,975 Expenses Capital Outlay 200,000 - 0% Expenses Total 200,000 - 0% 210 SPECIAL SERVICE AREA (SSA) #9 Revenue Interest Income - 2,266 - 9,379 Property Taxes 642,145 287,504 45% 592,665 609,713 103% Revenue Total 642,145 289,770 45% 592,665 619,092 104% 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 November 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 - 164,206 Interest Income - 1,430 - 3,388 Intergovernmental Revenue 2,616,400 717,990 27% 3,068,463 1,015,715 33% Revenue Total 2,616,400 883,626 34% 3,068,463 1,019,103 33% Expenses Capital Outlay 1,160,000 354,477 31% - 586,894 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 319,903 300,178 94% 681,559 448,769 66% Services and Supplies 110,650 50,249 45% 17,480 21,529 123% Expenses Total 3,788,998 1,094,724 29% 3,115,538 1,494,134 48% 220 CDBG LOAN FUND Revenue Other Revenue 301,565 81,533 27% 443,121 8,322 2% Interest Income 5,000 14,271 285% 5,000 19,821 396% Revenue Total 306,565 95,804 31% 448,121 28,143 6% Expenses Services and Supplies 306,565 31,568 10% 440,000 57,103 13% Expenses Total 306,565 31,568 10% 440,000 57,103 13% 235 NEIGHBORHOOD IMPROVEMENT Revenue Interest Income - 363 - 582 Revenue Total - 363 - 582 Expenses Services and Supplies - 1 Expenses Total - 1 240 HOME FUND Revenue Other Revenue 25,000 22,695 91% 25,000 40,102 160% Interest Income 150 1,052 701% 150 446 297% Intergovernmental Revenue 2,256,469 36,017 2% 2,345,000 114,925 5% Revenue Total 2,281,619 59,764 3% 2,370,150 155,473 7% Expenses Insurance and Other Chargebacks 1,150,000 - 0% 1,150,000 32,799 3% Miscellaneous 2,000 - 0% 2,000 207 10% Salary and Benefits 42,847 26,867 63% 68,137 51,509 76% Services and Supplies 1,081,065 42,658 4% 801,065 55,379 7% Expenses Total 2,275,912 69,525 3% 2,021,202 139,894 7% City of Evanston Monthly Financial Details November 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 40,000 184,143 460% 8,000 167,959 2099% Interfund Transfers 1,000,000 1,030,000 103% 1,000,000 1,000,000 100% Intergovernmental Revenue - 10,493 145,000 140,436 97% Other Taxes 50,000 84,337 169% 50,000 40,500 81% Revenue Total 1,220,000 1,708,103 140% 1,333,000 1,788,478 134% Expenses Community Sponsored Organizations - 10,493 154,000 144,023 94% Insurance and Other Chargebacks - 11,000 19,581 178% Miscellaneous 1,001,500 36,381 4% 1,051,500 51,380 5% Salary and Benefits 175,980 86,068 49% 41,038 27,035 66% Services and Supplies 1,185,000 613,704 52% 1,670,000 53,618 3% Expenses Total 2,362,480 746,646 32% 2,927,538 295,636 10% 320 DEBT SERVICE FUND Revenue Other Revenue 1,393,221 - 0% - 13,955 Interest Income 10,000 345,032 3450% 10,000 319,992 3200% Interfund Transfers 1,822,547 1,363,660 75% 2,693,941 2,048,021 76% Property Taxes 12,766,093 7,015,553 55% 12,766,093 13,025,460 102% Revenue Total 15,991,861 8,724,245 55% 15,470,034 15,407,428 100% Expenses Interfund Transfers - - Services and Supplies 7,000 6,300 90% 6,600 12,973 197% Debt Service 15,981,861 2,617,870 16% 15,460,034 15,020,349 97% Expenses Total 15,988,861 2,624,170 16% 15,466,634 15,033,322 97% 330 HOWARD-RIDGE TIF FUND Revenue Other Revenue - 38,500 5,000 28,000 560% Interest Income 12,000 51,235 427% 10,000 90,427 904% Property Taxes 1,336,000 621,611 47% 1,100,000 1,311,460 119% Revenue Total 1,348,000 711,346 53% 1,115,000 1,429,887 128% Expenses Capital Outlay 100,000 7,023 7% 50,000 934,292 1869% Interfund Transfers 343,913 315,249 92% 363,513 333,223 92% Miscellaneous 350,000 32,925 9% - 56,267 Services and Supplies 63,500 7,342 12% 65,000 14,708 23% Expenses Total 857,413 362,539 42% 478,513 1,338,489 280% City of Evanston Monthly Financial Details November 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 64,563 1076% 5,000 152,350 3047% Property Taxes 2,211,000 1,122,123 51% 1,450,000 2,088,286 144% Revenue Total 2,217,000 1,186,686 54% 1,455,000 2,240,635 154% Expenses Capital Outlay 1,560,790 725,802 47% 3,315,000 1,503,646 45% Interfund Transfers 110,550 101,343 92% 75,000 68,750 92% Miscellaneous 52,000 54,020 104% 12,000 91,384 762% Services and Supplies 1,100,000 2,986 0% 1,005,000 105,140 10% Expenses Total 2,823,340 884,151 31% 4,407,000 1,768,920 40% 340 DEMPSTER-DODGE TIF FUND Revenue Interest Income 3,000 25,310 844% 1,000 42,329 4233% Property Taxes 488,000 268,898 55% 180,000 488,906 272% Revenue Total 491,000 294,209 60% 181,000 531,234 293% Expenses Interfund Transfers 193,343 177,232 92% 176,857 162,118 92% Miscellaneous 10,000 4,375 44% - 25,000 Services and Supplies 2,000 1,566 78% 2,000 356 18% Expenses Total 205,343 183,173 89% 178,857 187,474 105% 345 CHICAGO-MAIN TIF Revenue Other Revenue 1,880,000 50,000 3% Interest Income 10,000 29,830 298% 5,000 82,158 1643% Property Taxes 1,295,000 617,800 48% 1,000,000 1,167,349 117% Revenue Total 1,305,000 647,631 50% 2,885,000 1,299,507 45% Expenses Capital Outlay 260,000 690,365 266% 260,000 296,148 114% Interfund Transfers 307,990 282,326 92% 272,480 249,777 92% Miscellaneous 540,000 48,621 9% 250,000 38,637 15% Services and Supplies 50,010 14,859 30% 15,010 1,775 12% Expenses Total 1,158,000 1,036,170 89% 797,490 586,337 74% 350 SPECIAL SERVICE AREA (SSA) #6 Revenue Interest Income 250 4,676 1871% 250 16,677 6671% Property Taxes 221,000 119,441 54% 221,000 220,108 100% Revenue Total 221,250 124,118 56% 221,250 236,785 107% 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 November 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 200 977 488% 200 2,600 1300% Property Taxes 142,000 75,186 53% 142,000 143,776 101% Revenue Total 142,200 76,162 54% 142,200 146,376 103% 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 - 420 - 1,158 Property Taxes 60,200 31,806 53% 60,200 58,230 97% Revenue Total 60,200 32,226 54% 60,200 59,388 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 - 2,732 Interest Income 1,000 27,014 2701% - 14,184 Property Taxes 1,477,000 781,508 53% - 1,396,399 Revenue Total 1,478,000 811,253 55% - 1,410,583 Expenses Capital Outlay 140,520 100,004 71% - 84,923 Interfund Transfers 73,850 67,694 92% Miscellaneous 60,000 7,518 13% - 8,224 Services and Supplies 950,000 1,566 0% 100,000 322,806 323% Expenses Total 1,224,370 176,782 14% 100,000 415,953 416% City of Evanston Monthly Financial Details November 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 1,319,975 6% 23,283,500 19,218,564 83% Charges for Services - 6,729 Interest Income 75,000 110,135 147% - 362,546 Intergovernmental Revenue 5,027,000 1,769,314 35% 1,470,000 1,122,329 76% Licenses, Permits and Fees - 646,943 Revenue Total 26,327,000 3,846,367 15% 24,753,500 20,710,168 84% Expenses Capital Outlay 24,532,000 11,393,650 46% 23,358,500 13,901,190 60% Services and Supplies 1,690,000 1,575,268 93% 1,860,000 2,126,690 114% Expenses Total 26,222,000 12,968,918 49% 25,218,500 16,027,880 64% 416 CROWN CONSTRUCTION FUND Revenue Other Revenue 1,000,000 19,837 2% 1,000,000 276,230 28% Interest Income 10,000 191,493 1915% 10,000 253,842 2538% Intergovernmental Revenue - 500,000 Revenue Total 1,010,000 211,330 21% 1,010,000 1,030,072 102% Expenses Capital Outlay 200,000 291,262 146% 200,000 109,660 55% Interfund Transfers 588,369 539,341 92% 619,118 567,523 92% Services and Supplies 60 8,353 13921% 60 9,903 16505% Expenses Total 788,429 838,956 106% 819,178 687,086 84% 417 CROWN COMMUNITY CTR MAINTENANCE Revenue Interfund Transfers 175,000 160,413 92% 175,000 160,413 92% Revenue Total 175,000 160,413 92% 175,000 160,413 92% 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 61,180 306% 35,000 30,624 87% Interfund Transfers - 1,000,000 Other Taxes 200,000 156,291 78% 125,000 122,213 98% Revenue Total 220,000 217,471 99% 160,000 1,152,838 721% Expenses Capital Outlay 1,650,000 41,328 3% 452,500 415,682 92% Interfund Transfers 230,631 - 0% 425,652 84,337 20% Services and Supplies 50 55 110% 50 55 110% Expenses Total 1,880,681 41,383 2% 878,202 500,074 57% City of Evanston Monthly Financial Details November 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 538,900 581,268 108% 422,900 317,047 75% Charges for Services 8,980,000 9,119,780 102% 8,420,000 9,159,689 109% Interest Income 40,000 106,361 266% 25,000 148,198 593% Intergovernmental Revenue 1,100,000 - 0% Licenses, Permits and Fees 300,000 - 0% - 225 Revenue Total 9,858,900 9,807,409 99% 9,967,900 9,625,159 97% Expenses Capital Outlay 2,425,000 1,219,033 50% - 143 Insurance and Other Chargebacks 369,077 338,316 92% 369,077 338,316 92% Interfund Transfers 3,180,390 2,915,352 92% 3,180,390 2,915,352 92% Miscellaneous - 64 Salary and Benefits 1,310,682 1,157,195 88% 1,582,397 1,469,681 93% Services and Supplies 4,521,650 4,338,157 96% 4,220,350 4,423,835 105% Debt Service 76,900 15,950 21% 79,150 79,150 100% Expenses Total 11,883,699 9,984,002 84% 9,431,364 9,226,540 98% 510 WATER FUND Revenue Other Revenue 35,718,235 14,728,122 41% 66,234,150 28,663,472 43% Charges for Services 28,625,100 26,636,755 93% 25,259,051 22,954,162 91% Interest Income 150,000 753,424 502% 70,000 416,794 595% Intergovernmental Revenue - 794,663 Licenses, Permits and Fees 50,000 48,895 98% 50,000 83,593 167% Revenue Total 64,543,335 42,961,860 67% 91,613,201 52,118,021 57% Expenses Capital Outlay 37,825,905 13,853,987 37% 58,470,500 22,141,119 38% Contingencies - 9 1,000 - 0% Insurance and Other Chargebacks 1,665,135 1,526,371 92% 1,665,135 1,535,333 92% Interfund Transfers 4,363,000 3,999,424 92% 4,363,000 3,999,424 92% Miscellaneous 10,000 - 0% Salary and Benefits 7,478,277 6,528,747 87% 7,936,849 5,755,116 73% Services and Supplies 11,060,370 6,992,684 63% 10,284,310 6,072,342 59% Debt Service 6,395,895 2,263,468 35% 4,826,609 4,329,528 90% Expenses Total 68,788,582 35,164,689 51% 87,557,403 43,832,862 50% City of Evanston Monthly Financial Details November 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 7,751,071 96% 10,229,424 8,570,831 84% Interest Income 80,000 264,385 330% 25,000 128,412 514% Revenue Total 8,161,000 8,015,456 98% 10,255,424 8,700,011 85% Expenses Capital Outlay 3,820,000 1,828,416 48% 2,950,000 158,530 5% Insurance and Other Chargebacks 369,800 338,987 92% 369,800 338,987 92% Interfund Transfers 1,642,251 1,505,394 92% 1,271,321 1,165,373 92% Salary and Benefits 1,444,286 1,170,503 81% 1,546,276 1,064,695 69% Services and Supplies 538,500 333,989 62% 1,718,600 721,454 42% Debt Service 2,668,164 2,341,969 88% 3,550,270 3,539,479 100% Expenses Total 10,483,001 7,519,258 72% 11,406,267 6,988,518 61% 520 SOLID WASTE FUND Revenue Other Revenue 39,350 11,674 30% 38,000 8,492 22% Charges for Services 5,267,000 5,048,885 96% 4,902,674 4,725,456 96% Interest Income 3,000 69,482 2316% 3,000 24,013 800% Interfund Transfers 100,000 - 0% 100,000 47,170 47% Licenses, Permits and Fees 351,000 395,400 113% 375,000 428,905 114% Property Taxes 950,000 475,000 50% 1,332,500 1,332,500 100% Revenue Total 6,710,350 6,000,442 89% 6,751,174 6,566,536 97% Expenses Capital Outlay 825,000 154,407 19% 850,000 126,561 15% Interfund Transfers 418,600 383,713 92% 418,600 383,713 92% Miscellaneous 30,000 18,437 61% 30,000 8,844 29% Salary and Benefits 1,858,244 1,447,274 78% 1,893,717 1,583,546 84% Services and Supplies 3,793,214 3,331,744 88% 4,081,466 3,381,530 83% Expenses Total 6,925,058 5,335,574 77% 7,273,783 5,484,194 75% City of Evanston Monthly Financial Details November 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 3,864,946 92% 4,216,140 3,864,784 92% Interest Income 1,000 4,970 497% 1,000 3,546 355% Revenue Total 4,261,140 3,908,725 92% 4,261,140 3,963,396 93% Expenses Capital Outlay - 35,530 Salary and Benefits 1,715,375 1,534,485 89% 1,624,232 1,450,070 89% Services and Supplies 2,488,890 1,925,485 77% 2,588,890 2,073,052 80% Expenses Total 4,204,265 3,459,970 82% 4,213,122 3,558,652 84% 601 EQUIPMENT REPLACEMENT FUND Revenue Other Revenue 50,000 69,502 139% 25,000 180,123 720% Charges for Services 874,885 801,977 92% 754,885 691,977 92% Interest Income 2,000 35,456 1773% 2,000 28,231 1412% 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 2,504,697 103% 2,031,885 4,450,331 219% Expenses Capital Outlay 5,296,912 4,498,055 85% 3,365,167 1,545,082 46% Services and Supplies 200,000 22,977 11% - 905 Expenses Total 5,496,912 4,521,032 82% 3,365,167 1,545,987 46% 605 INSURANCE FUND Revenue Other Revenue 12,180,000 10,484,239 86% 12,859,571 9,906,651 77% Charges for Services - 9,005 - 3,620 Interest Income - 78,495 - 53,379 Insurance 10,175,654 9,101,642 89% 10,098,091 8,976,432 89% Workers Compensation and Liability 886,000 941,669 106% 886,000 829,169 94% Revenue Total 23,241,654 20,615,051 89% 23,843,662 19,769,250 83% Expenses Insurance and Other Chargebacks 18,412,500 16,624,857 90% 19,330,965 15,788,255 82% Salary and Benefits 193 5,485 2840% 3,805 5,170 136% Services and Supplies 3,961,000 4,036,203 102% 3,660,000 2,915,241 80% Expenses Total 22,373,693 20,666,545 92% 22,994,770 18,708,667 81% City of Evanston Monthly Financial Details November 2025 Page 18