HomeMy WebLinkAbout2025.03 March Monthly Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: March 2025 Monthly Financial Report
Date: April 25, 2025
Please find attached the financial statements as of March 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 March 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 March 31, 2025. The figures in Table
1 are based on Preliminary FY 2024 ending fund and cash balances, which are subject to change after the
completion of the FY 2024 annual audit. The annual audit is being conducted by Sikich, LLP from January
through June 2025 with a final Annual Comprehensive Financial Report (ACFR) being issued in late June
2025.
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 March 31, 2025)
Page 2
Section 2 - General Fund Revenues and Expenses
The unaudited financials as of March 31, 2025 show the General Fund with a fund balance of $52,413,551
and a cash balance of $49,040,422.
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 March allocations until June 2025.
Othe Notes about General Fund Expenses and Revenues:
• In January, the City received a $2.7M Building Permit payment from Northwestern for 2 001
Sheridan Road (Donald P. Jacobs Center).
• The first installment of Property Taxes had a due date of March 4. As a result, property taxes
increase significantly compared to the February Monthly Financial Report.
• The first installments of $12.6M transfers from the General Fund to the Public Safety Pensions is
reflected in the “Non-Departmental” line in Table 3.
Table 2
FY 2025 General Fund Actual Revenues (through March 31, 2025)
*This figure EXCLUDES the $1.0M budgeted for the Reparations Fund. The Reparations Fund has received $822,150 (82%) Real
Estate Transfer Tax (RETT) revenue through March 31, 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 March 31, 2025, Police has spent 26% of budgeted overtime and Fire has spent 25% of budgeted
overtime.
Table 4
FY 2025 Police and Fire Overtime YTD Expenses
Page 4
Section 3 - Enterprise Funds
Parking Fund
Through March 31, 2025, the Parking Fund is showing a fund balance of $3,006,625 and a cash balance
of $2,377,895.
Water Fund
Through March 31, 2025, the Water Fund is showing a fund balance of $22,069,438 and a cash balance
of $17,062,399. A significant portion of this fund balance are 2024 bond proceeds which the City continues
to spend down on capital projects.
Sewer Fund
Through March 31, 2025, the Sewer Fund is showing a fund balance of $11,628,210 and a cash balance
of $10,355,804.
Solid Waste Fund
Through March 31, 2025, the Solid Waste Fund is showing a fund balance of $4,251,633 and a cash
balance of $2,908,037.
Section 4 - Other Funds
Capital Improvements Fund
Through March 31, 2025, the CIP Fund is showing a fund balance of ($6,997,084) and a cash balance of
($1,398,373). 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 March 31, 2025, the Fleet Fund is showing a fund balance of $2,089,350 and a cash balance of
$455,419. The difference between cash and fund balance is primarily due to inventory on hand.
Insurance Fund
Through March 31, 2025, the Insurance Fund is showing a fund balance of $3,071,463 and a cash balance
of $4,860,085.
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 4,314,476 34% 11,655,200 3,070,413 26%
Fines and Forfeitures 4,375,000 831,992 19% 3,725,000 806,253 22%
Interest Income 750,000 619,442 83% 500,000 495,988 99%
Interfund Transfers 10,031,740 2,132,934 21% 9,623,390 2,030,847 21%
Intergovernmental Revenue 4,404,334 835,319 19% 3,966,034 1,012,338 26%
Licenses, Permits and Fees 9,597,300 5,619,887 59% 7,336,450 3,676,873 50%
Other Revenue 1,849,000 338,618 18% 1,301,500 331,084 25%
Other Taxes 67,015,000 13,582,046 20% 66,300,000 13,488,363 20%
Property Taxes 29,439,902 16,025,021 54% 29,047,402 16,330,234 56%
Revenue Total 140,227,985 44,299,735 32% 133,454,976 41,242,393 31%
Expenses
Capital Outlay 398,978 27,612 7% 272,000 2,724,882 1002%
Community Sponsored Organizations 120,000 85,404 71% 120,000 0
Contingencies 125,000 25 0% 126,000 206 0%
Insurance and Other Chargebacks 33,605,744 13,563,416 40% 29,518,684 12,872,046 44%
Interfund Transfers 4,457,100 1,089,273 24% 4,887,100 1,061,774 22%
Miscellaneous 1,029,798 424,558 41% 1,545,213 88,593 6%
Salary and Benefits 91,592,836 22,442,505 25% 88,012,393 20,488,488 23%
Services and Supplies 19,948,946 2,659,413 13% 19,446,153 2,631,849 14%
Expenses Total 151,278,402 40,292,206 27% 143,927,543 39,867,838 28%
170 AMERICAN RESCUE PLAN
Revenue
Interest Income 650,000 203,885 31% 50,000 366,852 734%
Other Revenue 0 (10,023) 0 10,135
Revenue Total 650,000 193,862 30% 50,000 376,987 754%
Expenses
Capital Outlay 2,431,300 217,006 9% 10,188,900 176,403 2%
Community Sponsored Organizations 2,542,000 17,421 1% 0 0
Insurance and Other Chargebacks 100,000 0 100,000 0
Interfund Transfers 1,500,000 0 1,250,000 0
Miscellaneous 8,396,724 331,866 4% 10,294,191 31,754 0%
Salary and Benefits 115,871 0
Services and Supplies 2,977,080 13,362 0% 3,275,000 69,972 2%
Expenses Total 18,062,975 579,656 3% 25,108,091 278,130 1%
City of Evanston
Monthly Financial Details
March 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 14,315 1431% 1,000 17,780 1778%
Other Revenue 27,500 0 27,500 3,766 14%
Property Taxes 750,000 549,720 73% 1,050,000 684,168 65%
Revenue Total 778,500 564,035 72% 1,078,500 705,714 65%
Expenses
Miscellaneous 7,000 859 12% 7,000 764 11%
Salary and Benefits 560,420 132,424 24% 539,408 131,618 24%
Services and Supplies 775,500 184,925 24% 874,482 145,907 17%
Expenses Total 1,342,920 318,208 24% 1,420,890 278,288 20%
176 HUMAN SERVICES FUND
Revenue
Interest Income 6,000 5,600 93% 6,000 13,359 223%
Intergovernmental Revenue 335,000 51,607 15% 114,000 256,113 225%
Other Revenue 20,000 0 20,000 0
Property Taxes 3,650,000 912,500 25% 3,360,000 840,000 25%
Revenue Total 4,011,000 969,707 24% 3,500,000 1,109,472 32%
Expenses
Community Sponsored Organizations 60,000 0 60,000 13,344 22%
Miscellaneous 210,000 13,090 6% 210,000 14,370 7%
Salary and Benefits 3,288,979 691,951 21% 2,654,369 595,091 22%
Services and Supplies 2,801,998 41,836 1% 2,334,063 36,549 2%
Expenses Total 6,360,977 746,877 12% 5,258,432 659,354 13%
177 REPARATIONS FUND
Revenue
Interest Income 2,500 1,040 42% 2,500 15,939 638%
Intergovernmental Revenue 100,000 0 100,000 0
Other Revenue 0 1,000 0 424
Other Taxes 1,200,000 822,150 69% 1,400,000 372,885 27%
Revenue Total 1,302,500 824,190 63% 1,502,500 389,248 26%
Expenses
Miscellaneous 1,200,000 292,344 24% 3,400,000 1,611,313 47%
Services and Supplies 101,000 567 1% 101,000 16,956 17%
Expenses Total 1,301,000 292,910 23% 3,501,000 1,628,269 47%
City of Evanston
Monthly Financial Details
March 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
Interest Income 2,000 4,202 210% 2,000 6,326 316%
Interfund Transfers 800,000 75,000 9% 700,000 50,001 7%
Intergovernmental Revenue 260,000 0 10,000 0
Licenses, Permits and Fees 0 102,313 500,000 109,044 22%
Other Revenue 500,000 0 650,000 0
Revenue Total 1,572,000 181,515 12% 1,862,000 165,371 9%
Expenses
Community Sponsored Organizations 500,000 0 500,000 0
Miscellaneous 190,000 2,180 1% 525,000 0
Salary and Benefits 400,513 67,239 17% 250,368 57,242 23%
Services and Supplies 616,000 3,503 1% 725,120 3,440 0%
Expenses Total 1,706,513 72,922 4% 2,000,488 60,682 3%
180 GOOD NEIGHBOR FUND
Revenue
Interest Income 0 3,691 1,000 1,490 149%
Other Revenue 3,000,000 0 3,000,000 0
Revenue Total 3,000,000 3,691 0% 3,001,000 1,490 0%
Expenses
Interfund Transfers 3,000,000 0 3,000,000 0
Miscellaneous 164,000 0 314,000 0
Services and Supplies 0 114 0 68
Expenses Total 3,164,000 114 0% 3,314,000 68 0%
City of Evanston
Monthly Financial Details
March 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 27 3% 400 1,394 348%
Interest Income 25,000 66,436 266% 25,000 60,754 243%
Interfund Transfers 173,750 86,785 50% 216,999 0
Intergovernmental Revenue 155,000 13,480 9% 200,213 8,451 4%
Library Revenue 82,000 19,213 23% 109,394 43,769 40%
Other Revenue 402,000 80,254 20% 405,000 78,729 19%
Property Taxes 8,624,347 4,205,081 49% 8,213,664 3,952,927 48%
Revenue Total 9,463,097 4,471,276 47% 9,170,670 4,146,024 45%
Expenses
Capital Outlay 2,000 0 3,500 0
Insurance and Other Chargebacks 0 168
Interfund Transfers 360,325 783,645 217% 360,325 90,078 25%
Salary and Benefits 7,497,302 1,533,742 20% 7,264,128 1,365,810 19%
Services and Supplies 2,147,619 270,395 13% 2,313,194 412,450 18%
Expenses Total 10,007,246 2,587,782 26% 9,941,147 1,868,506 19%
186 LIBRARY DEBT SERVICE FUND
Revenue
Property Taxes 576,946 288,473 50% 574,677 0
Revenue Total 576,946 288,473 50% 574,677 0
Expenses
Debt Service 576,946 0 574,677 0
Expenses Total 576,946 0 574,677 0
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 (9,920) -2%
Expenses Total 1,900,000 0 550,000 (9,920) -2%
City of Evanston
Monthly Financial Details
March 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 82,609 165% 15,000 89,158 594%
Intergovernmental Revenue 3,300,000 876,002 27% 2,986,239 843,016 28%
Revenue Total 3,350,000 958,611 29% 3,001,239 932,174 31%
Expenses
Capital Outlay 4,469,650 8,550 0% 4,405,000 3,948 0%
Salary and Benefits 325,000 0
Services and Supplies 1,890,000 239,169 13% 1,890,000 265,290 14%
Expenses Total 6,359,650 247,719 4% 6,620,000 269,239 4%
205 EMERGENCY TELEPHONE (E911) FUND
Revenue
Interest Income 15,000 3,185 21% 7,000 8,649 124%
Other Taxes 1,450,000 210,355 15% 1,450,000 361,300 25%
Revenue Total 1,465,000 213,540 15% 1,457,000 369,949 25%
Expenses
Capital Outlay 445,000 29,320 7% 480,000 4,701 1%
Insurance and Other Chargebacks 19,142 4,785 25% 19,142 4,785 25%
Interfund Transfers 100,000 24,999 25% 100,000 24,999 25%
Salary and Benefits 903,749 217,816 24% 810,331 163,919 20%
Services and Supplies 394,950 43,522 11% 368,350 47,067 13%
Expenses Total 1,862,841 320,441 17% 1,777,823 245,471 14%
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 65 0 3,604
Property Taxes 642,145 287,006 45% 592,665 325,032 55%
Revenue Total 642,145 287,072 45% 592,665 328,636 55%
Expenses
Services and Supplies 642,145 0 575,000 0
Expenses Total 642,145 0 575,000 0
City of Evanston
Monthly Financial Details
March 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 1,842
Intergovernmental Revenue 2,616,400 0 3,068,463 0
Revenue Total 2,616,400 1,359 0% 3,068,463 1,842 0%
Expenses
Capital Outlay 1,160,000 0 0 6,470
Community Sponsored Organizations 75,000 0
Miscellaneous 2,198,445 0 2,341,499 0
Salary and Benefits 319,903 75,134 23% 681,559 119,584 18%
Services and Supplies 110,650 163 0% 17,480 4 0%
Expenses Total 3,788,998 75,297 2% 3,115,538 126,057 4%
220 CDBG LOAN FUND
Revenue
Interest Income 5,000 4,469 89% 5,000 6,440 129%
Other Revenue 301,565 2,296 1% 443,121 1,660 0%
Revenue Total 306,565 6,765 2% 448,121 8,100 2%
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 82 0 181
Revenue Total 0 82 0 181
Expenses
Services and Supplies 0 1
Expenses Total 0 1
240 HOME FUND
Revenue
Interest Income 150 260 173% 150 106 71%
Intergovernmental Revenue 2,256,469 0 2,345,000 0
Other Revenue 25,000 6,846 27% 25,000 6,846 27%
Revenue Total 2,281,619 7,106 0% 2,370,150 6,952 0%
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 9,630 22% 68,137 11,556 17%
Services and Supplies 1,081,065 16 0% 801,065 15 0%
Expenses Total 2,275,912 9,646 0% 2,021,202 11,778 1%
City of Evanston
Monthly Financial Details
March 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 48,600 121% 8,000 40,109 501%
Interfund Transfers 1,000,000 0 1,000,000 0
Intergovernmental Revenue 145,000 0
Other Revenue 130,000 301,464 232% 130,000 32,500 25%
Other Taxes 50,000 0 50,000 0
Revenue Total 1,220,000 350,064 29% 1,333,000 72,609 5%
Expenses
Community Sponsored Organizations 0 6,723 154,000 23,708 15%
Insurance and Other Chargebacks 11,000 0
Miscellaneous 1,001,500 0 1,051,500 2,160 0%
Salary and Benefits 175,980 21,456 12% 41,038 11,556 28%
Services and Supplies 1,185,000 218,612 18% 1,670,000 15 0%
Expenses Total 2,362,480 246,790 10% 2,927,538 37,439 1%
320 DEBT SERVICE FUND
Revenue
Interest Income 10,000 97,058 971% 10,000 10,629 106%
Interfund Transfers 1,822,547 397,980 22% 2,693,941 402,573 15%
Other Revenue 1,393,221 0 0 2,638
Property Taxes 12,766,093 6,638,794 52% 12,766,093 7,126,929 56%
Revenue Total 15,991,861 7,133,832 45% 15,470,034 7,542,768 49%
Expenses
Debt Service 15,981,861 0 15,460,034 0
Interfund Transfers 0 0
Services and Supplies 7,000 0 6,600 6,302 95%
Expenses Total 15,988,861 0 15,466,634 6,302 0%
330 HOWARD-RIDGE TIF FUND
Revenue
Interest Income 12,000 2,464 21% 10,000 23,061 231%
Other Revenue 0 10,500 5,000 3,500 70%
Property Taxes 1,336,000 587,289 44% 1,100,000 569,138 52%
Revenue Total 1,348,000 600,253 45% 1,115,000 595,699 53%
Expenses
Capital Outlay 100,000 0 50,000 0
Interfund Transfers 343,913 85,977 25% 363,513 90,879 25%
Miscellaneous 350,000 0
Services and Supplies 63,500 2,715 4% 65,000 7,344 11%
Expenses Total 857,413 88,692 10% 478,513 98,223 21%
City of Evanston
Monthly Financial Details
March 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 3,503 58% 5,000 32,260 645%
Property Taxes 2,211,000 973,898 44% 1,450,000 947,177 65%
Revenue Total 2,217,000 977,402 44% 1,455,000 979,438 67%
Expenses
Capital Outlay 1,560,790 376,844 24% 3,315,000 34,777 1%
Interfund Transfers 110,550 27,639 25% 75,000 18,750 25%
Miscellaneous 52,000 12,000 23% 12,000 0
Services and Supplies 1,100,000 7 0% 1,005,000 79,955 8%
Expenses Total 2,823,340 416,490 15% 4,407,000 133,482 3%
340 DEMPSTER-DODGE TIF FUND
Revenue
Interest Income 3,000 1,286 43% 1,000 7,999 800%
Property Taxes 488,000 268,898 55% 180,000 243,502 135%
Revenue Total 491,000 270,185 55% 181,000 251,500 139%
Expenses
Interfund Transfers 193,343 48,336 25% 176,857 44,214 25%
Miscellaneous 10,000 0
Services and Supplies 2,000 0 2,000 356 18%
Expenses Total 205,343 48,336 24% 178,857 44,570 25%
345 CHICAGO-MAIN TIF
Revenue
Interest Income 10,000 1,129 11% 5,000 28,085 562%
Other Revenue 1,880,000 50,000 3%
Property Taxes 1,295,000 617,800 48% 1,000,000 571,203 57%
Revenue Total 1,305,000 618,930 47% 2,885,000 649,288 23%
Expenses
Capital Outlay 260,000 0 260,000 200,939 77%
Interfund Transfers 307,990 76,998 25% 272,480 68,121 25%
Miscellaneous 540,000 2,870 1% 250,000 0
Services and Supplies 50,010 2 0% 15,010 1,768 12%
Expenses Total 1,158,000 79,870 7% 797,490 270,828 34%
City of Evanston
Monthly Financial Details
March 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 250 396 158% 250 3,977 1591%
Property Taxes 221,000 103,197 47% 221,000 101,326 46%
Revenue Total 221,250 103,593 47% 221,250 105,303 48%
Expenses
Services and Supplies 220,000 0 220,000 0
Expenses Total 220,000 0 220,000 0
355 SPECIAL SERVICE AREA (SSA) #7
Revenue
Interest Income 200 49 24% 200 874 437%
Property Taxes 142,000 73,060 51% 142,000 71,826 51%
Revenue Total 142,200 73,109 51% 142,200 72,700 51%
Expenses
Services and Supplies 140,000 0 140,000 0
Expenses Total 140,000 0 140,000 0
360 SPECIAL SERVICE AREA (SSA) #8
Revenue
Interest Income 0 16 0 404
Property Taxes 60,200 26,529 44% 60,200 30,974 51%
Revenue Total 60,200 26,545 44% 60,200 31,378 52%
Expenses
Services and Supplies 60,200 0 60,200 0
Expenses Total 60,200 0 60,200 0
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
March 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 1,263 126%
Property Taxes 1,477,000 467,552 32% 0 430,331
Revenue Total 1,478,000 468,815 32% 0 430,331
Expenses
Capital Outlay 140,520 0
Interfund Transfers 73,850 18,462 25%
Miscellaneous 60,000 17 0%
Services and Supplies 950,000 0 100,000 356 0%
Expenses Total 1,224,370 18,479 2% 100,000 356 0%
415 CAPITAL IMPROVEMENTS FUND
Revenue
Interest Income 75,000 45,435 61% 0 38,920
Intergovernmental Revenue 5,027,000 400,000 8% 1,470,000 276,325 19%
Licenses, Permits and Fees 0 604,334
Other Revenue 21,225,000 123,269 1% 23,283,500 66,196 0%
Revenue Total 26,327,000 1,173,038 4% 24,753,500 381,442 2%
Expenses
Capital Outlay 24,532,000 667,177 3% 23,358,500 1,659,389 7%
Services and Supplies 1,690,000 254,873 15% 1,860,000 217,363 12%
Expenses Total 26,222,000 922,050 4% 25,218,500 1,876,752 7%
416 CROWN CONSTRUCTION FUND
Revenue
Interest Income 10,000 37,417 374% 10,000 91,635 916%
Other Revenue 1,000,000 10,923 1% 1,000,000 (178) 0%
Revenue Total 1,010,000 48,340 5% 1,010,000 91,457 9%
Expenses
Capital Outlay 200,000 0 200,000 0
Interfund Transfers 588,369 147,093 25% 619,118 154,779 25%
Services and Supplies 60 15 25% 60 15 25%
Expenses Total 788,429 147,108 19% 819,178 154,794 19%
417 CROWN COMMUNITY CTR MAINTENANCE
Revenue
Interfund Transfers 175,000 43,749 25% 175,000 43,749 25%
Revenue Total 175,000 43,749 25% 175,000 43,749 25%
Expenses
Capital Outlay 175,000 0 175,000 0
Expenses Total 175,000 0 175,000 0
City of Evanston
Monthly Financial Details
March 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 13,932 70% 35,000 9,474 27%
Other Taxes 200,000 53,369 27% 125,000 82,483 66%
Revenue Total 220,000 67,301 31% 160,000 91,957 57%
Expenses
Capital Outlay 1,650,000 4,350 0% 452,500 0
Interfund Transfers 230,631 0 425,652 23,001 5%
Services and Supplies 50 15 30% 50 15 30%
Expenses Total 1,880,681 4,365 0% 878,202 23,016 3%
505 PARKING SYSTEM FUND
Revenue
Charges for Services 8,980,000 2,312,710 26% 8,420,000 2,185,207 26%
Interest Income 40,000 25,485 64% 25,000 29,645 119%
Intergovernmental Revenue 1,100,000 0
Licenses, Permits and Fees 300,000 0
Other Revenue 538,900 84,323 16% 422,900 77,664 18%
Revenue Total 9,858,900 2,422,518 25% 9,967,900 2,292,516 23%
Expenses
Capital Outlay 2,425,000 0 0 0
Debt Service 76,900 0 79,150 0
Insurance and Other Chargebacks 369,077 92,268 25% 369,077 92,268 25%
Interfund Transfers 3,180,390 795,096 25% 3,180,390 795,096 25%
Salary and Benefits 1,310,682 301,253 23% 1,582,397 373,145 24%
Services and Supplies 4,521,650 867,592 19% 4,220,350 989,030 23%
Expenses Total 11,883,699 2,056,209 17% 9,431,364 2,249,539 24%
City of Evanston
Monthly Financial Details
March 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 6,595,240 23% 25,259,051 5,536,697 22%
Interest Income 150,000 159,827 107% 70,000 59,482 85%
Licenses, Permits and Fees 50,000 6,895 14% 50,000 21,386 43%
Other Revenue 35,718,235 8,491,277 24% 66,234,150 (35,270) 0%
Revenue Total 64,543,335 15,253,238 24% 91,613,201 5,582,295 6%
Expenses
Capital Outlay 37,825,905 409,798 1% 58,470,500 1,739,250 3%
Contingencies 1,000 0
Debt Service 6,395,895 292,322 5% 4,826,609 289,908 6%
Insurance and Other Chargebacks 1,665,135 416,283 25% 1,665,135 421,271 25%
Interfund Transfers 4,363,000 1,090,752 25% 4,363,000 1,090,752 25%
Miscellaneous 10,000 0
Salary and Benefits 7,478,277 1,657,837 22% 7,936,849 1,437,497 18%
Services and Supplies 11,060,370 691,079 6% 10,284,310 434,057 4%
Expenses Total 68,788,582 4,558,070 7% 87,557,403 5,412,735 6%
515 SEWER FUND
Revenue
Charges for Services 8,080,000 1,928,820 24% 10,229,424 2,026,805 20%
Interest Income 80,000 60,278 75% 25,000 26,935 108%
Other Revenue 1,000 0 1,000 6,717 672%
Revenue Total 8,161,000 1,989,098 24% 10,255,424 2,060,457 20%
Expenses
Capital Outlay 3,820,000 0 2,950,000 0
Debt Service 2,668,164 331,440 12% 3,550,270 459,968 13%
Insurance and Other Chargebacks 369,800 92,451 25% 369,800 92,451 25%
Interfund Transfers 1,642,251 410,562 25% 1,271,321 317,829 25%
Salary and Benefits 1,444,286 288,315 20% 1,546,276 298,089 19%
Services and Supplies 538,500 9,878 2% 1,718,600 6,581 0%
Expenses Total 10,483,001 1,132,646 11% 11,406,267 1,174,919 10%
City of Evanston
Monthly Financial Details
March 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 1,190,458 23% 4,902,674 1,140,237 23%
Interest Income 3,000 15,547 518% 3,000 3,525 118%
Interfund Transfers 100,000 0 100,000 0
Licenses, Permits and Fees 351,000 96,616 28% 375,000 163,270 44%
Other Revenue 39,350 3,041 8% 38,000 3,247 9%
Property Taxes 950,000 237,500 25% 1,332,500 333,125 25%
Revenue Total 6,710,350 1,543,162 23% 6,751,174 1,643,405 24%
Expenses
Capital Outlay 825,000 18,588 2% 850,000 8,165 1%
Interfund Transfers 418,600 104,649 25% 418,600 104,649 25%
Miscellaneous 30,000 1,890 6% 30,000 73 0%
Salary and Benefits 1,858,244 411,894 22% 1,893,717 380,371 20%
Services and Supplies 3,793,214 475,802 13% 4,081,466 802,155 20%
Expenses Total 6,925,058 1,012,823 15% 7,273,783 1,295,413 18%
600 FLEET SERVICES FUND
Revenue
Charges for Services 4,216,140 1,054,032 25% 4,216,140 1,054,032 25%
Interest Income 1,000 840 84% 1,000 0
Other Revenue 44,000 16,088 37% 44,000 11,854 27%
Revenue Total 4,261,140 1,070,960 25% 4,261,140 1,065,886 25%
Expenses
Capital Outlay 0 780
Salary and Benefits 1,715,375 396,226 23% 1,624,232 368,803 23%
Services and Supplies 2,488,890 249,105 10% 2,588,890 339,977 13%
Expenses Total 4,204,265 645,331 15% 4,213,122 709,559 17%
601 EQUIPMENT REPLACEMENT FUND
Revenue
Charges for Services 874,885 218,721 25% 754,885 188,721 25%
Interest Income 2,000 12,491 625% 2,000 8,887 444%
Interfund Transfers 1,500,000 0
Intergovernmental Revenue 1,250,000 0
Other Revenue 50,000 7,891 16% 25,000 21,400 86%
Revenue Total 2,426,885 239,103 10% 2,031,885 219,008 11%
Expenses
Capital Outlay 5,296,912 274,843 5% 3,365,167 46,949 1%
Services and Supplies 200,000 383 0% 0 370
Expenses Total 5,496,912 275,226 5% 3,365,167 47,319 1%
City of Evanston
Monthly Financial Details
March 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 0 814
Insurance 10,175,654 2,260,525 22% 10,098,091 2,333,727 23%
Interest Income 0 13,524 0 10,501
Other Revenue 12,180,000 2,525,311 21% 12,859,571 2,355,446 18%
Workers Compensation and Liability 886,000 206,994 23% 886,000 208,817 24%
Revenue Total 23,241,654 5,006,520 22% 23,843,662 4,909,305 21%
Expenses
Insurance and Other Chargebacks 18,412,500 4,505,699 24% 19,330,965 4,368,990 23%
Salary and Benefits 193 1,235 640% 3,805 1,466 39%
Services and Supplies 3,961,000 2,035,163 51% 3,660,000 2,220,916 61%
Expenses Total 22,373,693 6,542,097 29% 22,994,770 6,591,372 29%
City of Evanston
Monthly Financial Details
March 2025 Page 19