HomeMy WebLinkAbout2026.01 January Monthly Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: January 2026 Monthly Financial Report
Date: March 6, 2026
Please find attached the financial statements as of January 31, 2026. 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.php
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 January 31, 2026 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 January 31, 2026. The figures in
Table 1 are based on preliminary, unaudited FY 2025 year ending fund balances plus unaudited FY 2026
actual revenues and expenses. The FY 2025 audit will be conducted by Sikich, LLP from January through
June 2026 with a final Annual Comprehensive Financial Report (ACFR) issued in June 2026.
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 2026 Cash and Fund Balance Summary (as of January 31, 2026)
Page 2
Section 2 - General Fund Revenues and Expenses
The financials as of January 31, 2026 show the General Fund with a fund balance of $42,537,985 and a
cash balance of $36,368,918.
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 January 2026 allocations until April
2026.
Other Notes about General Fund Expenses and Revenues:
• The Parks and Recreation Department was included in General Fund in FY 2025, but has been
moved to the new Parks and Recreation Fund in FY 2026. In Tables 2 and 3, revenues and
expenses from the Parks and Recreation Fund have been combined with the General Fund.
• The first $347,218 of Real Estate Transfer Tax (RETT) revenues have been recorded to the
Reparations Fund as of January 31, 2026. General Fund is not projected to receive RETT revenues
until at least March 2026.
Table 2
FY 2026 General Fund and Parks Fund Actual Revenues (through January 31, 2026)
*Recreation Program Fees are exclusively from the Parks and Recreation Fund (130)
**This figure EXCLUDES the $1.0M budgeted for the Reparations Fund. The Reparations Fund has received $347k (34.7%) Real
Estate Transfer Tax (RETT) revenue through January 31, 2026.
***The $12.1M “Use of Fund Balance” is excluded from Budget Total because no actual revenues will be recorded.
Page 3
Table 3
FY 2026 General Fund and Parks Fund Actual Expenses (through January 31, 2026)
By Department
*Parks Expenses from Parks and Recreation Fund (130)
Police and Fire Overtime
Through January 31, 2026, Police has spent 9% of budgeted overtime and Fire has spent 7% of budgeted
overtime.
Table 4
FY 2026 Police and Fire Overtime YTD Expenses (through January 31, 2026)
Page 4
Section 3 - Enterprise Funds
Parking Fund
Through January 31, 2026, the Parking Fund is showing a fund balance of $2,687,858 and a cash balance
of $1,872,964.
Water Fund
Through January 31, 2026, the Water Fund is showing a fund balance of $1,107,954 and a cash balance
of $10,007,794.
Sewer Fund
Through January 31, 2026, the Sewer Fund is showing a fund balance of $12,651,772 and a cash balance
of $9,757,694.
Solid Waste Fund
Through January 31, 2026, the Solid Waste Fund is showing a fund balance of $4,376,199 and a cash
balance of $3,029,504.
Section 4 - Other Funds
Capital Improvements Fund
Through January 31, 2026, the CIP Fund is showing a fund balance of ($19,725,598) and a cash balance
of ($12,983,214). 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 January 31, 2026, the Fleet Fund is showing a fund balance of $2,107,744 and a cash balance of
$559,151. The difference between cash and fund balance is primarily due to inventory on hand.
Insurance Fund
Through January 31, 2026, the Insurance Fund is showing a fund balance of $2,747,522 and a cash
balance of $4,526,553.
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 5,163,700 306,092 6% 12,765,709 877,403 7%
Fines and Forfeitures 4,583,000 302,741 7% 4,375,000 309,797 7%
Interest Income 1,000,000 138,310 14% 750,000 264,005 35%
Interfund Transfers 10,740,182 731,232 7% 10,031,740 710,978 7%
Intergovernmental Revenue 3,163,434 244,028 8% 4,404,334 184,468 4%
Licenses, Permits and Fees 8,998,300 581,810 6% 9,597,300 3,339,284 35%
Other Revenue 1,952,000 97,409 5% 12,934,000 140,091 1%
Other Taxes 70,195,000 5,405,791 8% 67,015,000 5,256,685 8%
Property Taxes 29,939,902 0 0% 29,439,902 0 0%
Revenue Total 135,735,518 7,807,413 6%151,312,985 11,082,712 7%
Expenses
Capital Outlay 325,500 0 0% 398,978 0 0%
Community Sponsored Organizations 120,000 0 0% 120,000 0 0%
Contingencies 125,000 (1,050) -1% 125,000 0 0%
Insurance and Other Chargebacks 32,904,477 222,265 1% 33,489,844 330,440 1%
Interfund Transfers 9,360,802 316,842 3% 4,457,100 363,091 8%
Miscellaneous 745,701 17,017 2% 1,029,798 50,602 5%
Salary and Benefits 87,764,576 6,498,830 7% 94,716,118 6,891,272 7%
Services and Supplies 16,383,672 447,280 3% 16,941,564 532,524 3%
Expenses Total 147,729,728 7,501,182 5%151,278,402 8,167,928 5%
130 PARKS AND RECREATION FUND
Revenue
Charges for Services 9,001,000 491,567 5%
Interfund Transfers 5,558,702 0 0%
Intergovernmental Revenue 536,000 39,303 7%
Licenses, Permits and Fees 76,000 10,110 13%
Other Revenue 88,500 32,802 37%
Property Taxes 1,000,000 0 0%
Revenue Total 16,260,202 573,781 4%
Expenses
Capital Outlay 25,000 0 0%
Insurance and Other Chargebacks 425,000 35,417 8%
Interfund Transfers 455,000 37,917 8%
Miscellaneous 213,100 0 0%
Salary and Benefits 11,623,389 624,123 5%
Services and Supplies 3,518,713 53,128 2%
Expenses Total 16,260,202 750,584 5%
City of Evanston
Monthly Financial Details
January 2026 Page 6
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
170 AMERICAN RESCUE PLAN
Revenue
Interest Income 300,000 44,010 15% 650,000 69,112 11%
Other Revenue 0 (5,710) 0 2,606
Revenue Total 300,000 38,300 13%650,000 71,718 11%
Expenses
Capital Outlay 215,088 0 0% 2,431,300 0 0%
Community Sponsored Organizations 2,604,074 0 0% 2,542,000 0 0%
Insurance and Other Chargebacks 281,619 0 0% 100,000 0 0%
Interfund Transfers 700,000 0 0% 1,500,000 0 0%
Miscellaneous 5,084,146 0 0% 8,396,724 96,675 1%
Salary and Benefits 136,214 0 0% 152,951 0 0%
Services and Supplies 2,517,200 62,455 2% 2,940,000 3,537 0%
Expenses Total 11,538,341 62,455 1%18,062,975 100,211 1%
175 GENERAL ASSISTANCE FUND
Revenue
Interest Income 1,000 2,182 218% 1,000 5,438 544%
Other Revenue 27,500 0 0% 27,500 0 0%
Property Taxes 750,000 0 0% 750,000 0 0%
Revenue Total 778,500 2,182 0%778,500 5,438 1%
Expenses
Miscellaneous 7,000 0 0% 7,000 122 2%
Salary and Benefits 597,691 54,938 9% 560,420 39,054 7%
Services and Supplies 775,500 53,617 7% 775,500 64,074 8%
Expenses Total 1,380,191 108,554 8%1,342,920 103,250 8%
176 HUMAN SERVICES FUND
Revenue
Interest Income 6,000 0 0% 6,000 2,281 38%
Intergovernmental Revenue 335,000 13,698 4% 335,000 0 0%
Other Revenue 20,000 0 0% 20,000 0 0%
Property Taxes 6,150,000 0 0% 3,650,000 0 0%
Revenue Total 6,511,000 13,698 0%4,011,000 2,281 0%
Expenses
Community Sponsored Organizations 60,000 0 0% 60,000 0 0%
Miscellaneous 220,000 0 0% 210,000 0 0%
Salary and Benefits 4,776,188 258,950 5% 4,488,979 229,621 5%
Services and Supplies 1,560,150 0 0% 1,601,998 53 0%
Expenses Total 6,616,338 258,950 4%6,360,977 229,674 4%
City of Evanston
Monthly Financial Details
January 2026 Page 7
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
177 REPARATIONS FUND
Revenue
Interest Income 2,500 447 18% 2,500 101 4%
Intergovernmental Revenue 100,000 0 0%
Other Taxes 1,200,000 347,213 29% 1,200,000 176,403 15%
Revenue Total 1,202,500 347,660 29%1,302,500 176,504 14%
Expenses
Miscellaneous 1,100,000 0 0% 1,200,000 11,100 1%
Services and Supplies 1,000 88 9% 101,000 189 0%
Expenses Total 1,101,000 88 0%1,301,000 11,289 1%
178 SUSTAINABILITY FUND
Revenue
Fines and Forfeitures 10,000 0 0% 10,000 0 0%
Interest Income 2,000 2,662 133% 2,000 1,464 73%
Interfund Transfers 730,450 16,667 2% 800,000 25,000 3%
Intergovernmental Revenue 260,000 0 0%
Licenses, Permits and Fees 0 43,330
Other Revenue 250,000 0 0% 500,000 0 0%
Revenue Total 992,450 19,329 2%1,572,000 69,794 4%
Expenses
Community Sponsored Organizations 250,000 0 0% 500,000 0 0%
Miscellaneous 145,000 0 0% 190,000 0 0%
Salary and Benefits 350,309 23,590 7% 405,513 19,698 5%
Services and Supplies 781,000 2,003 0% 611,000 3,404 1%
Expenses Total 1,526,309 25,593 2%1,706,513 23,102 1%
180 GOOD NEIGHBOR FUND
Revenue
Interest Income 8,000 994 12% 0 1,305
Other Revenue 3,182,700 0 0% 3,000,000 0 0%
Revenue Total 3,190,700 994 0%3,000,000 1,305 0%
Expenses
Interfund Transfers 3,556,750 0 0% 3,000,000 0 0%
Miscellaneous 164,000 0 0%
Services and Supplies 0 22 0 30
Expenses Total 3,556,750 22 0%3,164,000 30 0%
City of Evanston
Monthly Financial Details
January 2026 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 32 3% 1,000 27 3%
Interest Income 25,000 6,574 26% 25,000 25,604 102%
Interfund Transfers 173,750 0 0% 173,750 0 0%
Intergovernmental Revenue 155,000 4,358 3% 155,000 0 0%
Library Revenue 58,000 7,503 13% 82,000 7,875 10%
Other Revenue 602,000 64,852 11% 402,000 35,321 9%
Property Taxes 9,486,782 0 0% 8,624,347 0 0%
Revenue Total 10,501,532 83,318 1%9,463,097 68,827 1%
Expenses
Capital Outlay 5,000 0 0% 2,000 0 0%
Interfund Transfers 360,325 30,027 8% 360,325 30,027 8%
Salary and Benefits 7,957,295 506,486 6% 7,524,302 457,884 6%
Services and Supplies 2,227,400 72,074 3% 2,120,619 105,846 5%
Expenses Total 10,550,020 608,587 6%10,007,246 593,756 6%
186 LIBRARY DEBT SERVICE FUND
Revenue
Property Taxes 547,822 0 0% 576,946 0 0%
Revenue Total 547,822 0 0%576,946 0 0%
Expenses
Debt Service 547,823 0 0% 576,946 0 0%
Expenses Total 547,823 0 0%576,946 0 0%
187 LIBRARY CAPITAL IMPROVEMENT FD
Revenue
Other Revenue 1,155,000 0 0% 1,900,000 0 0%
Revenue Total 1,155,000 0 0%1,900,000 0 0%
Expenses
Capital Outlay 1,155,000 0 0% 1,900,000 0 0%
Expenses Total 1,155,000 0 0%1,900,000 0 0%
City of Evanston
Monthly Financial Details
January 2026 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 24,275 49% 50,000 28,158 56%
Intergovernmental Revenue 3,300,000 316,225 10% 3,300,000 293,310 9%
Revenue Total 3,350,000 340,500 10%3,350,000 321,469 10%
Expenses
Capital Outlay 3,930,000 0 0% 4,469,650 0 0%
Salary and Benefits 300,000 0 0%
Services and Supplies 1,890,000 32,227 2% 1,890,000 1,022 0%
Expenses Total 6,120,000 32,227 1%6,359,650 1,022 0%
205 EMERGENCY TELEPHONE (E911) FUND
Revenue
Interest Income 10,000 885 9% 15,000 1,154 8%
Other Taxes 1,450,000 0 0% 1,450,000 0 0%
Revenue Total 1,460,000 885 0%1,465,000 1,154 0%
Expenses
Capital Outlay 370,000 27,240 7% 445,000 0 0%
Insurance and Other Chargebacks 19,142 1,595 8% 19,142 1,595 8%
Interfund Transfers 100,000 8,333 8% 100,000 8,333 8%
Salary and Benefits 851,620 61,006 7% 903,749 76,133 8%
Services and Supplies 492,550 19,460 4% 394,950 7,831 2%
Expenses Total 1,833,312 117,635 6%1,862,841 93,893 5%
206 FOREIGN FIRE INSURANCE
Revenue
Other Taxes 250,000 0 0% 250,000 0 0%
Revenue Total 250,000 0 0%250,000 0 0%
Expenses
Capital Outlay 200,000 0 0% 200,000 0 0%
Expenses Total 200,000 0 0%200,000 0 0%
210 SPECIAL SERVICE AREA (SSA) #9
Revenue
Interest Income 0 2 0 5
Property Taxes 675,000 0 0% 642,145 0 0%
Revenue Total 675,000 2 0%642,145 5 0%
Expenses
Services and Supplies 675,000 0 0% 642,145 0 0%
Expenses Total 675,000 0 0%642,145 0 0%
City of Evanston
Monthly Financial Details
January 2026 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 0 416
Intergovernmental Revenue 1,862,559 0 0% 2,616,400 0 0%
Revenue Total 1,862,559 0 0%2,616,400 416 0%
Expenses
Capital Outlay 600,000 0 0% 1,160,000 0 0%
Miscellaneous 830,322 0 0% 2,198,445 0 0%
Salary and Benefits 323,887 22,466 7% 319,903 22,765 7%
Services and Supplies 108,350 0 0% 110,650 1 0%
Expenses Total 1,862,559 22,466 1%3,788,998 22,766 1%
220 CDBG LOAN FUND
Revenue
Interest Income 5,000 885 18% 5,000 1,386 28%
Other Revenue 303,000 9,113 3% 301,565 1,115 0%
Revenue Total 308,000 9,998 3%306,565 2,501 1%
Expenses
Services and Supplies 308,000 0 0% 306,565 0 0%
Expenses Total 308,000 0 0%306,565 0 0%
230 PRO HOUSING FUND
Revenue
Intergovernmental Revenue 1,000,000 0 0%
Revenue Total 1,000,000 0 0%
Expenses
Miscellaneous 1,000,000 0 0%
Expenses Total 1,000,000 0 0%
235 NEIGHBORHOOD IMPROVEMENT
Revenue
Interest Income 0 63 0 29
Revenue Total 0 63 0 29
240 HOME FUND
Revenue
Interest Income 150 123 82% 150 106 71%
Intergovernmental Revenue 2,049,838 0 0% 2,256,469 0 0%
Other Revenue 25,000 4,314 17% 25,000 4,439 18%
Revenue Total 2,074,988 4,437 0%2,281,619 4,545 0%
Expenses
Insurance and Other Chargebacks 1,105,063 0 0% 1,150,000 0 0%
Miscellaneous 2,000 0 0% 2,000 0 0%
Salary and Benefits 13,240 872 7% 42,847 2,783 6%
Services and Supplies 954,685 5 0% 1,081,065 5 0%
Expenses Total 2,074,988 877 0%2,275,912 2,788 0%
City of Evanston
Monthly Financial Details
January 2026 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 17,203 43% 40,000 17,442 44%
Interfund Transfers 1,060,900 0 0% 1,000,000 0 0%
Intergovernmental Revenue 97,008 0 0%
Other Revenue 1,130,000 32,083 3% 130,000 833 1%
Other Taxes 50,000 0 0% 50,000 0 0%
Revenue Total 2,377,908 49,286 2%1,220,000 18,275 1%
Expenses
Community Sponsored Organizations 90,000 0 0%
Insurance and Other Chargebacks 7,008 0 0%
Miscellaneous 1,001,500 2,588 0% 1,001,500 0 0%
Salary and Benefits 412,364 13,541 3% 175,980 6,481 4%
Services and Supplies 1,185,000 5 0% 1,185,000 5 0%
Expenses Total 2,695,872 16,133 1%2,362,480 6,486 0%
320 DEBT SERVICE FUND
Revenue
Interest Income 50,000 (15,200) -30% 10,000 35,211 352%
Interfund Transfers 1,714,409 129,061 8% 1,822,547 132,660 7%
Other Revenue 1,192,296 0 0% 1,393,221 0 0%
Property Taxes 12,766,093 0 0% 12,766,093 0 0%
Revenue Total 15,722,798 113,861 1%15,991,861 167,871 1%
Expenses
Debt Service 15,614,798 0 0% 15,981,861 0 0%
Services and Supplies 108,000 0 0% 7,000 0 0%
Expenses Total 15,722,798 0 0%15,988,861 0 0%
330 HOWARD-RIDGE TIF FUND
Revenue
Interest Income 40,000 311 1% 12,000 673 6%
Other Revenue 500,000 3,500 1% 0 3,500
Property Taxes 1,336,000 0 0% 1,336,000 0 0%
Revenue Total 1,876,000 3,811 0%1,348,000 4,173 0%
Expenses
Capital Outlay 700,000 0 0% 100,000 0 0%
Interfund Transfers 347,313 28,943 8% 343,913 28,659 8%
Miscellaneous 75,000 0 0% 350,000 0 0%
Services and Supplies 5,574 0 0% 63,500 0 0%
Expenses Total 1,127,887 28,943 3%857,413 28,659 3%
City of Evanston
Monthly Financial Details
January 2026 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 30,000 375 1% 6,000 967 16%
Property Taxes 2,211,000 0 0% 2,211,000 0 0%
Revenue Total 2,241,000 375 0%2,217,000 967 0%
Expenses
Capital Outlay 2,000,000 0 0% 1,560,790 0 0%
Interfund Transfers 110,550 9,213 8% 110,550 9,213 8%
Miscellaneous 150,000 0 0% 52,000 0 0%
Services and Supplies 1,830,574 2 0% 1,100,000 2 0%
Expenses Total 4,091,124 9,214 0%2,823,340 9,215 0%
340 DEMPSTER-DODGE TIF FUND
Revenue
Interest Income 3,000 150 5% 3,000 353 12%
Property Taxes 488,000 0 0% 488,000 0 0%
Revenue Total 491,000 150 0%491,000 353 0%
Expenses
Interfund Transfers 195,123 16,260 8% 193,343 16,112 8%
Miscellaneous 200,000 0 0% 10,000 0 0%
Services and Supplies 4,787 0 0% 2,000 0 0%
Expenses Total 399,910 16,260 4%205,343 16,112 8%
345 CHICAGO-MAIN TIF
Revenue
Interest Income 20,000 47 0% 10,000 323 3%
Other Revenue 1,200,000 0 0%
Property Taxes 1,295,000 0 0% 1,295,000 0 0%
Revenue Total 2,515,000 47 0%1,305,000 323 0%
Expenses
Capital Outlay 945,000 0 0% 260,000 0 0%
Interfund Transfers 308,370 25,698 8% 307,990 25,666 8%
Miscellaneous 300,000 0 0% 540,000 0 0%
Services and Supplies 55,574 0 0% 50,010 1 0%
Expenses Total 1,608,944 25,698 2%1,158,000 25,667 2%
350 SPECIAL SERVICE AREA (SSA) #6
Revenue
Interest Income 250 10 4% 250 101 40%
Property Taxes 210,000 0 0% 221,000 0 0%
Revenue Total 210,250 10 0%221,250 101 0%
Expenses
Services and Supplies 210,000 0 0% 220,000 0 0%
Expenses Total 210,000 0 0%220,000 0 0%
City of Evanston
Monthly Financial Details
January 2026 Page 13
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
355 SPECIAL SERVICE AREA (SSA) #7
Revenue
Interest Income 200 3 2% 200 8 4%
Property Taxes 146,392 0 0% 142,000 0 0%
Revenue Total 146,592 3 0%142,200 8 0%
Expenses
Services and Supplies 146,392 0 0% 140,000 0 0%
Expenses Total 146,392 0 0%140,000 0 0%
360 SPECIAL SERVICE AREA (SSA) #8
Revenue
Interest Income 0 2 0 3
Property Taxes 62,006 0 0% 60,200 0 0%
Revenue Total 62,006 2 0%60,200 3 0%
Expenses
Services and Supplies 62,006 0 0% 60,200 0 0%
Expenses Total 62,006 0 0%60,200 0 0%
361 SPECIAL SERVICE AREA (SSA) #10
Revenue
Property Taxes 97,595 0 0% 92,624 0 0%
Revenue Total 97,595 0 0%92,624 0 0%
Expenses
Services and Supplies 97,595 0 0% 90,000 0 0%
Expenses Total 97,595 0 0%90,000 0 0%
365 FIVE FIFTH TIF FUND
Revenue
Interest Income 3,500 125 4% 1,000 314 31%
Other Revenue 8,400 663 8%
Property Taxes 1,477,000 0 0% 1,477,000 0 0%
Revenue Total 1,488,900 788 0%1,478,000 314 0%
Expenses
Capital Outlay 507,361 0 0% 140,520 0 0%
Interfund Transfers 73,850 6,154 8% 73,850 6,154 8%
Miscellaneous 300,000 0 0% 60,000 0 0%
Services and Supplies 1,017,787 0 0% 950,000 0 0%
Expenses Total 1,898,998 6,154 0%1,224,370 6,154 1%
City of Evanston
Monthly Financial Details
January 2026 Page 14
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
415 CAPITAL IMPROVEMENTS FUND
Revenue
Interest Income 75,000 9,282 12% 75,000 13,856 18%
Intergovernmental Revenue 5,230,000 0 0% 5,027,000 400,000 8%
Licenses, Permits and Fees 594,000 4,876 1% 0 5,292
Other Revenue 26,253,000 (843) 0% 21,225,000 19,000 0%
Revenue Total 32,152,000 13,315 0%26,327,000 438,148 2%
Expenses
Capital Outlay 28,958,000 0 0% 24,532,000 149 0%
Services and Supplies 2,670,000 5 0% 1,690,000 4,505 0%
Expenses Total 31,628,000 5 0%26,222,000 4,654 0%
416 CROWN CONSTRUCTION FUND
Revenue
Interest Income 60,000 7,531 13% 10,000 6,221 62%
Other Revenue 1,000,000 (1,213) 0% 1,000,000 2,050 0%
Revenue Total 1,060,000 6,318 1%1,010,000 8,272 1%
Expenses
Capital Outlay 300,000 0 0% 200,000 0 0%
Interfund Transfers 629,869 52,489 8% 588,369 49,031 8%
Services and Supplies 60 5 8% 60 5 8%
Expenses Total 929,929 52,494 6%788,429 49,036 6%
417 CROWN COMMUNITY CTR MAINTENANCE
Revenue
Interfund Transfers 175,000 14,583 8% 175,000 14,583 8%
Revenue Total 175,000 14,583 8%175,000 14,583 8%
Expenses
Capital Outlay 175,000 0 0% 175,000 0 0%
Expenses Total 175,000 0 0%175,000 0 0%
420 SPECIAL ASSESSMENT FUND
Revenue
Interest Income 10,000 4,758 48% 20,000 4,967 25%
Other Taxes 210,000 47,488 23% 200,000 33,977 17%
Revenue Total 220,000 52,246 24%220,000 38,944 18%
Expenses
Capital Outlay 500,000 0 0% 1,650,000 0 0%
Interfund Transfers 165,676 0 0% 230,631 0 0%
Services and Supplies 50 5 10% 50 5 10%
Expenses Total 665,726 5 0%1,880,681 5 0%
City of Evanston
Monthly Financial Details
January 2026 Page 15
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
505 PARKING SYSTEM FUND
Revenue
Charges for Services 9,455,000 769,287 8% 8,980,000 716,624 8%
Interest Income 60,000 8,185 14% 40,000 8,151 20%
Licenses, Permits and Fees 300,000 0 0%
Other Revenue 798,900 46,067 6% 538,900 12,875 2%
Revenue Total 10,313,900 823,538 8%9,858,900 737,650 7%
Expenses
Capital Outlay 775,000 0 0% 2,425,000 0 0%
Debt Service 76,900 0 0% 76,900 0 0%
Insurance and Other Chargebacks 369,077 30,756 8% 369,077 30,756 8%
Interfund Transfers 3,269,562 272,464 8% 3,180,390 265,032 8%
Miscellaneous 118,000 0 0%
Salary and Benefits 1,511,040 98,284 7% 1,310,682 91,733 7%
Services and Supplies 4,550,900 256,501 6% 4,521,650 252,847 6%
Expenses Total 10,670,479 658,005 6%11,883,699 640,367 5%
510 WATER FUND
Revenue
Charges for Services 29,673,000 2,161,215 7% 28,625,100 2,152,574 8%
Interest Income 300,000 38,886 13% 150,000 55,125 37%
Licenses, Permits and Fees 50,000 4,837 10% 50,000 0 0%
Other Revenue 34,232,150 140,164 0% 35,718,235 3,838,706 11%
Revenue Total 64,255,150 2,345,101 4%64,543,335 6,046,406 9%
Expenses
Capital Outlay 32,693,000 0 0% 37,825,905 0 0%
Debt Service 7,532,420 292,322 4% 6,395,895 292,322 5%
Insurance and Other Chargebacks 1,696,635 141,386 8% 1,665,135 138,761 8%
Interfund Transfers 4,486,870 373,906 8% 4,363,000 363,584 8%
Salary and Benefits 7,804,298 502,022 6% 7,523,277 505,229 7%
Services and Supplies 10,418,110 14,285 0% 11,015,370 15,347 0%
Expenses Total 64,631,333 1,323,921 2%68,788,582 1,315,243 2%
515 SEWER FUND
Revenue
Charges for Services 8,080,000 637,314 8% 8,080,000 673,658 8%
Interest Income 80,000 7,828 10% 80,000 11,730 15%
Other Revenue 3,751,000 0 0% 1,000 0 0%
Revenue Total 11,911,000 645,141 5%8,161,000 685,388 8%
Expenses
Capital Outlay 6,775,000 0 0% 3,820,000 0 0%
Debt Service 2,670,779 19,461 1% 2,668,164 19,461 1%
Insurance and Other Chargebacks 369,800 30,817 8% 369,800 30,817 8%
Interfund Transfers 1,582,008 131,834 8% 1,642,251 136,854 8%
Salary and Benefits 1,677,715 86,672 5% 1,444,286 86,117 6%
Services and Supplies 363,500 280 0% 538,500 147 0%
Expenses Total 13,438,802 269,063 2%10,483,001 273,396 3%
City of Evanston
Monthly Financial Details
January 2026 Page 16
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 5,767,000 329,382 6% 5,267,000 331,202 6%
Interest Income 3,000 2,354 78% 3,000 3,730 124%
Interfund Transfers 100,000 0 0%
Licenses, Permits and Fees 351,000 250 0% 351,000 264 0%
Other Revenue 39,350 0 0% 39,350 386 1%
Other Taxes 100,000 0 0%
Property Taxes 450,000 0 0% 950,000 0 0%
Revenue Total 6,710,350 331,986 5%6,710,350 335,583 5%
Expenses
Capital Outlay 825,000 0 0% 825,000 158 0%
Interfund Transfers 418,600 34,883 8% 418,600 34,883 8%
Miscellaneous 30,000 0 0% 30,000 0 0%
Salary and Benefits 1,909,261 139,550 7% 1,858,244 128,304 7%
Services and Supplies 4,404,909 84 0% 3,793,214 47 0%
Expenses Total 7,587,770 174,517 2%6,925,058 163,392 2%
600 FLEET SERVICES FUND
Revenue
Charges for Services 4,216,140 351,345 8% 4,216,140 351,344 8%
Interest Income 1,000 1,632 163% 1,000 437 44%
Other Revenue 44,000 6,572 15% 44,000 0 0%
Revenue Total 4,261,140 359,549 8%4,261,140 351,781 8%
Expenses
Salary and Benefits 2,093,060 111,187 5% 1,715,375 118,797 7%
Services and Supplies 2,317,895 14,468 1% 2,488,890 17,807 1%
Expenses Total 4,410,955 125,655 3%4,204,265 136,604 3%
City of Evanston
Monthly Financial Details
January 2026 Page 17
Funds FY 2025 Budget FY 2025 Actual YTD % of Budget FY 2024 Budget FY 2024 Actual YTD % of Budget
601 EQUIPMENT REPLACEMENT FUND
Revenue
Charges for Services 874,885 72,907 8% 874,885 72,907 8%
Interest Income 2,000 3,830 191% 2,000 4,560 228%
Interfund Transfers 700,000 0 0% 1,500,000 0 0%
Other Revenue 100,000 0 0% 50,000 2,968 6%
Revenue Total 1,676,885 76,737 5%2,426,885 80,434 3%
Expenses
Capital Outlay 2,800,000 75,138 3% 5,296,912 3,499 0%
Services and Supplies 0 83 200,000 106 0%
Expenses Total 2,800,000 75,222 3%5,496,912 3,605 0%
605 INSURANCE FUND
Revenue
Charges for Services 0 167
Insurance 10,158,534 705,718 7% 10,175,654 643,882 6%
Interest Income 0 12,611 0 7,166
Other Revenue 12,745,000 559,450 4% 12,180,000 510,391 4%
Workers Compensation and Liability 386,000 38,839 10% 886,000 71,489 8%
Revenue Total 23,289,534 1,316,618 6%23,241,654 1,233,094 5%
Expenses
Insurance and Other Chargebacks 19,083,622 1,583,664 8% 18,412,500 1,557,621 8%
Salary and Benefits 693 542 78% 193 347 180%
Services and Supplies 3,893,500 552,758 14% 3,961,000 1,929,772 49%
Expenses Total 22,977,815 2,136,963 9%22,373,693 3,487,740 16%
City of Evanston
Monthly Financial Details
January 2026 Page 18