HomeMy WebLinkAbout2026.02 February Monthly Report
Memorandum
To: Luke Stowe, City Manager
From: Hitesh Desai, CFO/City Treasurer
Subject: February 2026 Monthly Financial Report
Date: March 27, 2026
Please find attached the financial statements as of February 28, 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 February 28, 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 February 28, 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 February 28, 2026)
Page 2
Section 2 - General Fund Revenues and Expenses
The financials as of February 28, 2026 show the General Fund with a fund balance of $38,556,769 ,and a
cash balance of $33,653,039.
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 February 2026 allocations until
May 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 $485,073 of Real Estate Transfer Tax (RETT) revenues have been recorded to the
Reparations Fund as of February 28, 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 February 28, 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 $485k (48.5%) 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 February 28, 2026)
By Department
*Parks Expenses from Parks and Recreation Fund (130)
Police and Fire Overtime
Through February 28, 2026, Police has spent 19% of budgeted overtime and Fire has spent 13% of
budgeted overtime.
Table 4
FY 2026 Police and Fire Overtime YTD Expenses (through February 28, 2026)
Page 4
Section 3 - Enterprise Funds
Parking Fund
Through February 28, 2026, the Parking Fund is showing a fund balance of $847,688 and a cash balance
of $1,712,895.
Water Fund
Through February 28, 2026, the Water Fund is showing a fund balance of $491,412 and a cash balance of
$9,468,894.
Sewer Fund
Through February 28, 2026, the Sewer Fund is showing a fund balance of $13,018,831 and a cash balance
of $10,000,171.
Solid Waste Fund
Through February 28, 2026, the Solid Waste Fund is showing a fund balance of $4,889,292 and a cash
balance of $3,179,390.
Section 4 - Other Funds
Capital Improvements Fund
Through February 28, 2026, the CIP Fund is showing a fund balance of ($19,684,345) and a cash balance
of ($13,474,158). 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 February 28, 2026, the Fleet Fund is showing a fund balance of $2,190,089 and a cash balance
of $624,314. The difference between cash and fund balance is primarily due to inventory on hand.
Insurance Fund
Through February 28, 2026, the Insurance Fund is showing a fund balance of $2,711,286 and a cash
balance of $4,476,664.
Page 5
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
100 GENERAL FUND
Revenue
Charges for Services 5,163,700.00 627,112.52 12% 12,765,709.00 3,236,693.47 25%
Fines and Forfeitures 4,583,000.00 592,274.82 13% 4,375,000.00 571,899.12 13%
Interest Income 1,000,000.00 275,873.42 28% 750,000.00 456,735.96 61%
Interfund Transfers 10,740,182.00 1,462,463.66 14% 10,031,740.00 1,421,956.00 14%
Intergovernmental Revenue 3,163,434.00 484,109.62 15% 4,404,334.00 523,446.73 12%
Licenses, Permits and Fees 8,998,300.00 1,347,165.95 15% 9,597,300.00 4,613,754.08 48%
Other Revenue 1,952,000.00 246,468.91 13% 1,849,000.00 215,393.26 12%
Other Taxes 70,195,000.00 9,167,980.04 13% 67,015,000.00 8,769,674.70 13%
Property Taxes 29,939,902.00 0.00 0% 29,439,902.00 5,785,048.04 20%
Revenue Total 135,735,518.00 14,203,448.94 10%140,227,985.00 25,594,601.36 18%
Expenses
Capital Outlay 325,500.00 4,757.57 1% 398,978.00 4,675.00 1%
Community Sponsored Organizations 120,000.00 0.00 0% 120,000.00 0.00 0%
Contingencies 125,000.00 0.00 0% 125,000.00 0.00 0%
Insurance and Other Chargebacks 32,904,477.00 448,277.67 1% 33,489,844.00 4,082,052.48 12%
Interfund Transfers 9,360,802.00 633,683.34 7% 4,457,100.00 726,182.00 16%
Miscellaneous 745,701.00 341,503.05 46% 1,029,798.00 386,845.77 38%
Salary and Benefits 87,764,576.00 14,974,171.56 17% 94,716,118.17 15,586,830.72 16%
Services and Supplies 16,383,672.00 1,781,758.08 11% 16,941,564.00 1,640,478.02 10%
Expenses Total 147,729,728.00 18,184,151.27 12%151,278,402.17 22,427,063.99 15%
130 PARKS AND RECREATION FUND
Revenue
Charges for Services 9,001,000.00 1,612,597.26 18%
Interfund Transfers 5,558,702.00 0.00 0%
Intergovernmental Revenue 536,000.00 50,795.14 9%
Licenses, Permits and Fees 76,000.00 25,345.00 33%
Other Revenue 88,500.00 64,416.64 73%
Property Taxes 1,000,000.00 0.00 0%
Revenue Total 16,260,202.00 1,753,154.04 11%
Expenses
Capital Outlay 25,000.00 0.00 0%
Insurance and Other Chargebacks 425,000.00 70,833.34 17%
Interfund Transfers 455,000.00 75,833.32 17%
Miscellaneous 213,100.00 4,376.46 2%
Salary and Benefits 11,623,389.00 1,411,865.83 12%
Services and Supplies 3,518,713.00 241,887.64 7%
Expenses Total 16,260,202.00 1,804,796.59 11%
City of Evanston
Monthly Financial Details
February 2026 Page 6
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
170 AMERICAN RESCUE PLAN
Revenue
Interest Income 300,000.00 73,171.19 24% 650,000.00 127,625.55 20%
Other Revenue 0.00 4,425.00 0.00
Revenue Total 300,000.00 77,596.19 26%650,000.00 127,625.55 20%
Expenses
Capital Outlay 215,088.00 0.00 0% 2,431,300.00 217,006.05 9%
Community Sponsored Organizations 2,604,074.00 4,757.64 0% 2,542,000.00 5,000.00 0%
Insurance and Other Chargebacks 281,619.00 0.00 0% 100,000.00 0.00 0%
Interfund Transfers 700,000.00 0.00 0% 1,500,000.00 0.00 0%
Miscellaneous 5,084,146.00 0.00 0% 8,396,724.00 97,253.75 1%
Salary and Benefits 136,214.00 0.00 0% 152,951.00 0.00 0%
Services and Supplies 2,517,200.00 126,961.35 5% 2,940,000.00 9,922.25 0%
Expenses Total 11,538,341.00 131,718.99 1%18,062,975.00 329,182.05 2%
175 GENERAL ASSISTANCE FUND
Revenue
Interest Income 1,000.00 2,181.62 218% 1,000.00 10,204.80 1020%
Other Revenue 27,500.00 0.00 0% 27,500.00 0.00 0%
Property Taxes 750,000.00 0.00 0% 750,000.00 184,991.47 25%
Revenue Total 778,500.00 2,181.62 0%778,500.00 195,196.27 25%
Expenses
Miscellaneous 7,000.00 1,225.79 18% 7,000.00 859.08 12%
Salary and Benefits 597,691.00 103,918.27 17% 560,420.08 84,860.68 15%
Services and Supplies 775,500.00 119,508.54 15% 775,500.00 121,174.74 16%
Expenses Total 1,380,191.00 224,652.60 16%1,342,920.08 206,894.50 15%
176 HUMAN SERVICES FUND
Revenue
Interest Income 6,000.00 0.00 0% 6,000.00 5,017.86 84%
Intergovernmental Revenue 335,000.00 128,896.00 38% 335,000.00 29,538.00 9%
Other Revenue 20,000.00 0.00 0% 20,000.00 0.00 0%
Property Taxes 6,150,000.00 0.00 0% 3,650,000.00 0.00 0%
Revenue Total 6,511,000.00 128,896.00 2%4,011,000.00 34,555.86 1%
Expenses
Community Sponsored Organizations 60,000.00 1,100.00 2% 60,000.00 0.00 0%
Miscellaneous 220,000.00 22,733.56 10% 210,000.00 6,747.57 3%
Salary and Benefits 4,776,188.00 545,700.78 11% 4,488,979.11 478,654.93 11%
Services and Supplies 1,560,150.00 3,181.10 0% 1,601,998.00 1,997.19 0%
Expenses Total 6,616,338.00 572,715.44 9%6,360,977.11 487,399.69 8%
City of Evanston
Monthly Financial Details
February 2026 Page 7
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
177 REPARATIONS FUND
Revenue
Interest Income 2,500.00 447.48 18% 2,500.00 706.79 28%
Intergovernmental Revenue 100,000.00 0.00 0%
Other Taxes 1,200,000.00 485,073.00 40% 1,200,000.00 322,308.00 27%
Revenue Total 1,202,500.00 485,520.48 40%1,302,500.00 323,014.79 25%
Expenses
Miscellaneous 1,100,000.00 0.00 0% 1,200,000.00 61,100.00 5%
Services and Supplies 1,000.00 175.98 18% 101,000.00 378.13 0%
Expenses Total 1,101,000.00 175.98 0%1,301,000.00 61,478.13 5%
178 SUSTAINABILITY FUND
Revenue
Fines and Forfeitures 10,000.00 0.00 0% 10,000.00 0.00 0%
Interest Income 2,000.00 2,662.32 133% 2,000.00 3,418.55 171%
Interfund Transfers 730,450.00 33,333.34 5% 800,000.00 50,000.00 6%
Intergovernmental Revenue 260,000.00 0.00 0%
Licenses, Permits and Fees 0.00 86,088.40
Other Revenue 250,000.00 0.00 0% 500,000.00 0.00 0%
Revenue Total 992,450.00 35,995.66 4%1,572,000.00 139,506.95 9%
Expenses
Community Sponsored Organizations 250,000.00 0.00 0% 500,000.00 0.00 0%
Miscellaneous 145,000.00 0.00 0% 190,000.00 2,179.91 1%
Salary and Benefits 350,309.00 54,463.39 16% 405,513.00 42,791.23 11%
Services and Supplies 781,000.00 6,503.00 1% 611,000.00 3,455.24 1%
Expenses Total 1,526,309.00 60,966.39 4%1,706,513.00 48,426.38 3%
180 GOOD NEIGHBOR FUND
Revenue
Interest Income 8,000.00 994.03 12% 0.00 3,071.55
Other Revenue 3,182,700.00 0.00 0% 3,000,000.00 0.00 0%
Revenue Total 3,190,700.00 994.03 0%3,000,000.00 3,071.55 0%
Expenses
Interfund Transfers 3,556,750.00 0.00 0% 3,000,000.00 0.00 0%
Miscellaneous 164,000.00 0.00 0%
Services and Supplies 0.00 21.66 0.00 76.62
Expenses Total 3,556,750.00 21.66 0%3,164,000.00 76.62 0%
City of Evanston
Monthly Financial Details
February 2026 Page 8
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
185 LIBRARY FUND
Revenue
Charges for Services 1,000.00 70.03 7% 1,000.00 26.69 3%
Interest Income 25,000.00 6,573.57 26% 25,000.00 46,980.89 188%
Interfund Transfers 173,750.00 0.00 0% 173,750.00 0.00 0%
Intergovernmental Revenue 155,000.00 4,358.00 3% 155,000.00 13,479.96 9%
Library Revenue 58,000.00 27,074.39 47% 82,000.00 13,332.04 16%
Other Revenue 602,000.00 91,525.46 15% 402,000.00 53,362.86 13%
Property Taxes 9,486,782.00 0.00 0% 8,624,347.00 1,418,379.27 16%
Revenue Total 10,501,532.00 129,601.45 1%9,463,097.00 1,545,561.71 16%
Expenses
Capital Outlay 5,000.00 0.00 0% 2,000.00 0.00 0%
Interfund Transfers 360,325.00 60,054.16 17% 360,325.00 753,618.00 209%
Miscellaneous 0.00 500.00
Salary and Benefits 7,957,295.00 1,106,647.61 14% 7,524,301.85 1,013,807.40 13%
Services and Supplies 2,227,400.00 169,232.84 8% 2,120,619.00 202,928.13 10%
Expenses Total 10,550,020.00 1,336,434.61 13%10,007,245.85 1,970,353.53 20%
186 LIBRARY DEBT SERVICE FUND
Revenue
Property Taxes 547,822.00 0.00 0% 576,946.00 0.00 0%
Revenue Total 547,822.00 0.00 0%576,946.00 0.00 0%
Expenses
Debt Service 547,823.00 0.00 0% 576,946.00 0.00 0%
Expenses Total 547,823.00 0.00 0%576,946.00 0.00 0%
187 LIBRARY CAPITAL IMPROVEMENT FD
Revenue
Interfund Transfers 0.00 693,564.00
Other Revenue 1,155,000.00 0.00 0% 1,900,000.00 0.00 0%
Revenue Total 1,155,000.00 0.00 0%1,900,000.00 693,564.00 37%
Expenses
Capital Outlay 1,155,000.00 0.00 0% 1,900,000.00 0.00 0%
Expenses Total 1,155,000.00 0.00 0%1,900,000.00 0.00 0%
City of Evanston
Monthly Financial Details
February 2026 Page 9
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
200 MOTOR FUEL TAX FUND
Revenue
Interest Income 50,000.00 39,361.54 79% 50,000.00 54,495.82 109%
Intergovernmental Revenue 3,300,000.00 623,228.68 19% 3,300,000.00 579,448.16 18%
Revenue Total 3,350,000.00 662,590.22 20%3,350,000.00 633,943.98 19%
Expenses
Capital Outlay 3,930,000.00 0.00 0% 4,469,650.00 0.00 0%
Salary and Benefits 300,000.00 0.00 0%
Services and Supplies 1,890,000.00 173,190.11 9% 1,890,000.00 178,081.10 9%
Expenses Total 6,120,000.00 173,190.11 3%6,359,650.00 178,081.10 3%
205 EMERGENCY TELEPHONE (E911) FUND
Revenue
Interest Income 10,000.00 885.21 9% 15,000.00 2,681.25 18%
Other Taxes 1,450,000.00 113,525.57 8% 1,450,000.00 104,403.95 7%
Revenue Total 1,460,000.00 114,410.78 8%1,465,000.00 107,085.20 7%
Expenses
Capital Outlay 370,000.00 30,960.00 8% 445,000.00 16,500.00 4%
Insurance and Other Chargebacks 19,142.00 3,190.34 17% 19,142.00 3,190.00 17%
Interfund Transfers 100,000.00 16,666.66 17% 100,000.00 16,666.00 17%
Salary and Benefits 851,620.00 129,069.83 15% 903,749.00 150,048.42 17%
Services and Supplies 492,550.00 36,283.39 7% 394,950.00 42,553.92 11%
Expenses Total 1,833,312.00 216,170.22 12%1,862,841.00 228,958.34 12%
206 FOREIGN FIRE INSURANCE
Revenue
Other Taxes 250,000.00 0.00 0% 250,000.00 0.00 0%
Revenue Total 250,000.00 0.00 0%250,000.00 0.00 0%
Expenses
Capital Outlay 200,000.00 0.00 0% 200,000.00 0.00 0%
Expenses Total 200,000.00 0.00 0%200,000.00 0.00 0%
210 SPECIAL SERVICE AREA (SSA) #9
Revenue
Interest Income 0.00 2.32 0.00 10.74
Property Taxes 675,000.00 0.00 0% 642,145.00 81,911.94 13%
Revenue Total 675,000.00 2.32 0%642,145.00 81,922.68 13%
Expenses
Services and Supplies 675,000.00 0.00 0% 642,145.00 0.00 0%
Expenses Total 675,000.00 0.00 0%642,145.00 0.00 0%
City of Evanston
Monthly Financial Details
February 2026 Page 10
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
215 CDBG FUND
Revenue
Interest Income 0.00 653.97
Intergovernmental Revenue 1,862,559.00 0.00 0% 2,616,400.00 0.00 0%
Revenue Total 1,862,559.00 0.00 0%2,616,400.00 653.97 0%
Expenses
Capital Outlay 600,000.00 0.00 0% 1,160,000.00 0.00 0%
Miscellaneous 830,322.00 72.31 0% 2,198,445.00 0.00 0%
Salary and Benefits 323,887.00 49,857.11 15% 319,902.88 48,837.02 15%
Services and Supplies 108,350.00 0.00 0% 110,650.00 161.13 0%
Expenses Total 1,862,559.00 49,929.42 3%3,788,997.88 48,998.15 1%
220 CDBG LOAN FUND
Revenue
Interest Income 5,000.00 884.80 18% 5,000.00 2,973.73 59%
Other Revenue 303,000.00 9,461.42 3% 301,565.00 1,745.48 1%
Revenue Total 308,000.00 10,346.22 3%306,565.00 4,719.21 2%
Expenses
Services and Supplies 308,000.00 0.00 0% 306,565.00 0.00 0%
Expenses Total 308,000.00 0.00 0%306,565.00 0.00 0%
230 PRO HOUSING FUND
Revenue
Intergovernmental Revenue 1,000,000.00 0.00 0%
Revenue Total 1,000,000.00 0.00 0%
Expenses
Miscellaneous 1,000,000.00 0.00 0%
Expenses Total 1,000,000.00 0.00 0%
235 NEIGHBORHOOD IMPROVEMENT
Revenue
Interest Income 0.00 62.96 0.00 68.40
Revenue Total 0.00 62.96 0.00 68.40
240 HOME FUND
Revenue
Interest Income 150.00 123.02 82% 150.00 176.56 118%
Intergovernmental Revenue 2,049,838.00 0.00 0% 2,256,469.00 0.00 0%
Other Revenue 25,000.00 4,314.00 17% 25,000.00 4,564.00 18%
Revenue Total 2,074,988.00 4,437.02 0%2,281,619.00 4,740.56 0%
Expenses
Insurance and Other Chargebacks 1,105,063.00 0.00 0% 1,150,000.00 0.00 0%
Miscellaneous 2,000.00 0.00 0% 2,000.00 0.00 0%
Salary and Benefits 13,240.00 1,852.27 14% 42,847.25 5,965.20 14%
Services and Supplies 954,685.00 5.12 0% 1,081,065.00 10.48 0%
Expenses Total 2,074,988.00 1,857.39 0%2,275,912.25 5,975.68 0%
City of Evanston
Monthly Financial Details
February 2026 Page 11
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
250 AFFORDABLE HOUSING FUND
Revenue
Interest Income 40,000.00 23,476.23 59% 40,000.00 33,545.28 84%
Interfund Transfers 1,060,900.00 0.00 0% 1,000,000.00 0.00 0%
Intergovernmental Revenue 97,008.00 0.00 0%
Other Revenue 1,130,000.00 32,083.34 3% 130,000.00 32,083.34 25%
Other Taxes 50,000.00 0.00 0% 50,000.00 0.00 0%
Revenue Total 2,377,908.00 55,559.57 2%1,220,000.00 65,628.62 5%
Expenses
Community Sponsored Organizations 90,000.00 0.00 0%
Insurance and Other Chargebacks 7,008.00 0.00 0%
Miscellaneous 1,001,500.00 2,587.50 0% 1,001,500.00 0.00 0%
Salary and Benefits 412,364.00 30,859.87 7% 175,979.76 14,364.38 8%
Services and Supplies 1,185,000.00 5.00 0% 1,185,000.00 5,010.00 0%
Expenses Total 2,695,872.00 33,452.37 1%2,362,479.76 19,374.38 1%
320 DEBT SERVICE FUND
Revenue
Interest Income 50,000.00 0% 10,000.00 69,286.55 693%
Interfund Transfers 1,714,409.00 243,215.36 14% 1,822,547.00 265,320.00 15%
Other Revenue 1,192,296.00 0.00 0% 1,393,221.00 0.00 0%
Property Taxes 12,766,093.00 0.00 0% 12,766,093.00 2,331,340.31 18%
Revenue Total 15,722,798.00 243,215.36 2%15,991,861.00 2,665,946.86 17%
Expenses
Debt Service 15,614,798.00 0.00 0% 15,981,861.00 0.00 0%
Services and Supplies 108,000.00 0.00 0% 7,000.00 0.00 0%
Expenses Total 15,722,798.00 0.00 0%15,988,861.00 0.00 0%
330 HOWARD-RIDGE TIF FUND
Revenue
Interest Income 40,000.00 311.12 1% 12,000.00 1,423.75 12%
Other Revenue 500,000.00 7,000.00 1% 0.00 7,000.00
Property Taxes 1,336,000.00 0.00 0% 1,336,000.00 16,692.18 1%
Revenue Total 1,876,000.00 7,311.12 0%1,348,000.00 25,115.93 2%
Expenses
Capital Outlay 700,000.00 0.00 0% 100,000.00 0.00 0%
Interfund Transfers 347,313.00 57,885.50 17% 343,913.00 57,318.00 17%
Miscellaneous 75,000.00 0.00 0% 350,000.00 0.00 0%
Services and Supplies 5,574.00 0.00 0% 63,500.00 0.00 0%
Expenses Total 1,127,887.00 57,885.50 5%857,413.00 57,318.00 7%
City of Evanston
Monthly Financial Details
February 2026 Page 12
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
335 WEST EVANSTON TIF FUND
Revenue
Interest Income 30,000.00 374.75 1% 6,000.00 1,971.08 33%
Property Taxes 2,211,000.00 0.00 0% 2,211,000.00 369,512.51 17%
Revenue Total 2,241,000.00 374.75 0%2,217,000.00 371,483.59 17%
Expenses
Capital Outlay 2,000,000.00 0.00 0% 1,560,790.00 67,949.47 4%
Interfund Transfers 110,550.00 18,425.00 17% 110,550.00 18,426.00 17%
Miscellaneous 150,000.00 0.00 0% 52,000.00 12,000.00 23%
Services and Supplies 1,830,574.00 1.82 0% 1,100,000.00 3.81 0%
Expenses Total 4,091,124.00 18,426.82 0%2,823,340.00 98,379.28 3%
340 DEMPSTER-DODGE TIF FUND
Revenue
Interest Income 3,000.00 150.29 5% 3,000.00 747.39 25%
Property Taxes 488,000.00 0.00 0% 488,000.00 0.00 0%
Revenue Total 491,000.00 150.29 0%491,000.00 747.39 0%
Expenses
Interfund Transfers 195,123.00 32,520.50 17% 193,343.00 32,224.00 17%
Miscellaneous 200,000.00 0.00 0% 10,000.00 0.00 0%
Services and Supplies 4,787.00 0.00 0% 2,000.00 0.00 0%
Expenses Total 399,910.00 32,520.50 8%205,343.00 32,224.00 16%
345 CHICAGO-MAIN TIF
Revenue
Interest Income 20,000.00 47.38 0% 10,000.00 684.03 7%
Other Revenue 1,200,000.00 0.00 0%
Property Taxes 1,295,000.00 0.00 0% 1,295,000.00 76,774.66 6%
Revenue Total 2,515,000.00 47.38 0%1,305,000.00 77,458.69 6%
Expenses
Capital Outlay 945,000.00 3,080.00 0% 260,000.00 0.00 0%
Interfund Transfers 308,370.00 51,395.00 17% 307,990.00 51,332.00 17%
Miscellaneous 300,000.00 550.00 0% 540,000.00 2,870.00 1%
Services and Supplies 55,574.00 0.23 0% 50,010.00 1.32 0%
Expenses Total 1,608,944.00 55,025.23 3%1,158,000.00 54,203.32 5%
350 SPECIAL SERVICE AREA (SSA) #6
Revenue
Interest Income 250.00 10.11 4% 250.00 213.60 85%
Property Taxes 210,000.00 0.00 0% 221,000.00 40,145.87 18%
Revenue Total 210,250.00 10.11 0%221,250.00 40,359.47 18%
Expenses
Services and Supplies 210,000.00 0.00 0% 220,000.00 0.00 0%
Expenses Total 210,000.00 0.00 0%220,000.00 0.00 0%
City of Evanston
Monthly Financial Details
February 2026 Page 13
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
355 SPECIAL SERVICE AREA (SSA) #7
Revenue
Interest Income 200.00 3.11 2% 200.00 16.00 8%
Property Taxes 146,392.00 0.00 0% 142,000.00 36,750.45 26%
Revenue Total 146,592.00 3.11 0%142,200.00 36,766.45 26%
Expenses
Services and Supplies 146,392.00 0.00 0% 140,000.00 0.00 0%
Expenses Total 146,392.00 0.00 0%140,000.00 0.00 0%
360 SPECIAL SERVICE AREA (SSA) #8
Revenue
Interest Income 0.00 2.05 0.00 6.67
Property Taxes 62,006.00 0.00 0% 60,200.00 7,385.72 12%
Revenue Total 62,006.00 2.05 0%60,200.00 7,392.39 12%
Expenses
Services and Supplies 62,006.00 0.00 0% 60,200.00 0.00 0%
Expenses Total 62,006.00 0.00 0%60,200.00 0.00 0%
361 SPECIAL SERVICE AREA (SSA) #10
Revenue
Property Taxes 97,595.00 0.00 0% 92,624.00 0.00 0%
Revenue Total 97,595.00 0.00 0%92,624.00 0.00 0%
Expenses
Services and Supplies 97,595.00 0.00 0% 90,000.00 0.00 0%
Expenses Total 97,595.00 0.00 0%90,000.00 0.00 0%
365 FIVE FIFTH TIF FUND
Revenue
Interest Income 3,500.00 125.39 4% 1,000.00 666.21 67%
Other Revenue 8,400.00 2,025.74 24%
Property Taxes 1,477,000.00 0.00 0% 1,477,000.00 186,723.27 13%
Revenue Total 1,488,900.00 2,151.13 0%1,478,000.00 187,389.48 13%
Expenses
Capital Outlay 507,361.00 0.00 0% 140,520.00 0.00 0%
Interfund Transfers 73,850.00 12,308.34 17% 73,850.00 12,308.00 17%
Miscellaneous 300,000.00 0.00 0% 60,000.00 17.45 0%
Services and Supplies 1,017,787.00 0.00 0% 950,000.00 0.00 0%
Expenses Total 1,898,998.00 12,308.34 1%1,224,370.00 12,325.45 1%
City of Evanston
Monthly Financial Details
February 2026 Page 14
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
415 CAPITAL IMPROVEMENTS FUND
Revenue
Interest Income 75,000.00 9,476.50 13% 75,000.00 42,014.74 56%
Intergovernmental Revenue 5,230,000.00 0.00 0% 5,027,000.00 400,000.00 8%
Licenses, Permits and Fees 594,000.00 9,918.75 2% 0.00 10,842.59
Other Revenue 26,253,000.00 35,869.86 0% 21,225,000.00 123,456.55 1%
Revenue Total 32,152,000.00 55,265.11 0%26,327,000.00 576,313.88 2%
Expenses
Capital Outlay 28,958,000.00 0.00 0% 24,532,000.00 483,207.06 2%
Services and Supplies 2,670,000.00 1,557.89 0% 1,690,000.00 27,407.52 2%
Expenses Total 31,628,000.00 1,557.89 0%26,222,000.00 510,614.58 2%
416 CROWN CONSTRUCTION FUND
Revenue
Interest Income 60,000.00 8,705.86 15% 10,000.00 10,545.60 105%
Other Revenue 1,000,000.00 3,039.20 0% 1,000,000.00 11,336.95 1%
Revenue Total 1,060,000.00 11,745.06 1%1,010,000.00 21,882.55 2%
Expenses
Capital Outlay 300,000.00 0.00 0% 200,000.00 0.00 0%
Interfund Transfers 629,869.00 104,978.16 17% 588,369.00 98,062.00 17%
Services and Supplies 60.00 5.00 8% 60.00 10.00 17%
Expenses Total 929,929.00 104,983.16 11%788,429.00 98,072.00 12%
417 CROWN COMMUNITY CTR MAINTENANCE
Revenue
Interfund Transfers 175,000.00 29,166.66 17% 175,000.00 29,166.00 17%
Revenue Total 175,000.00 29,166.66 17%175,000.00 29,166.00 17%
Expenses
Capital Outlay 175,000.00 0.00 0% 175,000.00 0.00 0%
Expenses Total 175,000.00 0.00 0%175,000.00 0.00 0%
420 SPECIAL ASSESSMENT FUND
Revenue
Interest Income 10,000.00 4,757.70 48% 20,000.00 9,809.51 49%
Other Taxes 210,000.00 50,197.28 24% 200,000.00 45,731.75 23%
Revenue Total 220,000.00 54,954.98 25%220,000.00 55,541.26 25%
Expenses
Capital Outlay 500,000.00 0.00 0% 1,650,000.00 0.00 0%
Interfund Transfers 165,676.00 0.00 0% 230,631.00 0.00 0%
Services and Supplies 50.00 5.00 10% 50.00 10.00 20%
Expenses Total 665,726.00 5.00 0%1,880,681.00 10.00 0%
City of Evanston
Monthly Financial Details
February 2026 Page 15
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
505 PARKING SYSTEM FUND
Revenue
Charges for Services 9,455,000.00 1,504,893.37 16% 8,980,000.00 1,496,175.66 17%
Interest Income 60,000.00 8,185.66 14% 40,000.00 15,332.06 38%
Licenses, Permits and Fees 300,000.00 0.00 0%
Other Revenue 798,900.00 81,604.57 10% 538,900.00 54,241.06 10%
Revenue Total 10,313,900.00 1,594,683.60 15%9,858,900.00 1,565,748.78 16%
Expenses
Capital Outlay 775,000.00 0.00 0% 2,425,000.00 0.00 0%
Debt Service 76,900.00 0.00 0% 76,900.00 0.00 0%
Insurance and Other Chargebacks 369,077.00 61,512.84 17% 369,077.00 61,512.00 17%
Interfund Transfers 3,269,562.00 544,927.00 17% 3,180,390.00 530,064.00 17%
Miscellaneous 118,000.00 0.00 0%
Salary and Benefits 1,511,040.00 218,127.31 14% 1,310,682.29 196,711.04 15%
Services and Supplies 4,550,900.00 663,668.53 15% 4,521,650.00 579,274.21 13%
Expenses Total 10,670,479.00 1,488,235.68 14%11,883,699.29 1,367,561.25 12%
510 WATER FUND
Revenue
Charges for Services 29,673,000.00 4,227,408.68 14% 28,625,100.00 4,211,996.45 15%
Interest Income 300,000.00 74,420.70 25% 150,000.00 77,340.89 52%
Licenses, Permits and Fees 50,000.00 11,337.18 23% 50,000.00 0.00 0%
Other Revenue 34,232,150.00 156,905.86 0% 35,718,235.00 8,492,002.77 24%
Revenue Total 64,255,150.00 4,470,072.42 7%64,543,335.00 12,781,340.11 20%
Expenses
Capital Outlay 32,693,000.00 464,197.30 1% 37,825,905.00 398,197.50 1%
Debt Service 7,532,420.00 292,322.17 4% 6,395,895.00 292,322.17 5%
Insurance and Other Chargebacks 1,696,635.00 282,772.50 17% 1,665,135.00 277,522.00 17%
Interfund Transfers 4,486,870.00 747,811.68 17% 4,363,000.00 727,168.00 17%
Salary and Benefits 7,804,298.00 1,082,460.29 14% 7,523,277.30 1,092,040.11 15%
Services and Supplies 10,418,110.00 668,618.50 6% 11,015,370.00 441,682.60 4%
Expenses Total 64,631,333.00 3,538,182.44 5%68,788,582.30 3,228,932.38 5%
515 SEWER FUND
Revenue
Charges for Services 8,080,000.00 1,281,538.02 16% 8,080,000.00 1,327,738.14 16%
Interest Income 80,000.00 7,827.52 10% 80,000.00 35,615.61 45%
Other Revenue 3,751,000.00 0.00 0% 1,000.00 0.00 0%
Revenue Total 11,911,000.00 1,289,365.54 11%8,161,000.00 1,363,353.75 17%
Expenses
Capital Outlay 6,775,000.00 0.00 0% 3,820,000.00 0.00 0%
Debt Service 2,670,779.00 19,460.79 1% 2,668,164.00 19,460.79 1%
Insurance and Other Chargebacks 369,800.00 61,633.34 17% 369,800.00 61,634.00 17%
Interfund Transfers 1,582,008.00 263,668.00 17% 1,642,251.00 273,708.00 17%
Salary and Benefits 1,677,715.00 191,296.32 11% 1,444,286.00 191,429.76 13%
Services and Supplies 363,500.00 20,620.63 6% 538,500.00 3,082.60 1%
Expenses Total 13,438,802.00 556,679.08 4%10,483,001.00 549,315.15 5%
City of Evanston
Monthly Financial Details
February 2026 Page 16
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
520 SOLID WASTE FUND
Revenue
Charges for Services 5,767,000.00 670,252.66 12% 5,267,000.00 673,664.15 13%
Interest Income 3,000.00 2,354.33 78% 3,000.00 9,422.76 314%
Interfund Transfers 100,000.00 0.00 0%
Licenses, Permits and Fees 351,000.00 83,012.49 24% 351,000.00 82,165.52 23%
Other Revenue 39,350.00 1,907.25 5% 39,350.00 1,453.16 4%
Other Taxes 100,000.00 0.00 0%
Property Taxes 450,000.00 0.00 0% 950,000.00 0.00 0%
Revenue Total 6,710,350.00 757,526.73 11%6,710,350.00 766,705.59 11%
Expenses
Capital Outlay 825,000.00 2,290.68 0% 825,000.00 18,588.09 2%
Interfund Transfers 418,600.00 69,766.66 17% 418,600.00 69,766.00 17%
Miscellaneous 30,000.00 119.89 0% 30,000.00 1,590.00 5%
Salary and Benefits 1,909,261.00 278,983.69 15% 1,858,244.00 276,244.15 15%
Services and Supplies 4,404,909.00 270,433.54 6% 3,793,214.00 421,646.60 11%
Expenses Total 7,587,770.00 621,594.46 8%6,925,058.00 787,834.84 11%
600 FLEET SERVICES FUND
Revenue
Charges for Services 4,216,140.00 702,689.98 17% 4,216,140.00 702,688.00 17%
Interest Income 1,000.00 1,631.85 163% 1,000.00 660.40 66%
Other Revenue 44,000.00 6,572.38 15% 44,000.00 11,739.23 27%
Revenue Total 4,261,140.00 710,894.21 17%4,261,140.00 715,087.63 17%
Expenses
Salary and Benefits 2,093,060.00 250,907.97 12% 1,715,375.00 257,293.98 15%
Services and Supplies 2,317,895.00 129,000.06 6% 2,488,890.00 172,645.79 7%
Expenses Total 4,410,955.00 379,908.03 9%4,204,265.00 429,939.77 10%
601 EQUIPMENT REPLACEMENT FUND
Revenue
Charges for Services 874,885.00 145,814.16 17% 874,885.00 145,814.00 17%
Interest Income 2,000.00 3,829.61 191% 2,000.00 10,473.43 524%
Interfund Transfers 700,000.00 0.00 0% 1,500,000.00 0.00 0%
Other Revenue 100,000.00 0.00 0% 50,000.00 0.00 0%
Revenue Total 1,676,885.00 149,643.77 9%2,426,885.00 156,287.43 6%
Expenses
Capital Outlay 2,800,000.00 87,455.96 3% 5,296,912.00 274,842.90 5%
Services and Supplies 0.00 83.43 200,000.00 260.93 0%
Expenses Total 2,800,000.00 87,539.39 3%5,496,912.00 275,103.83 5%
City of Evanston
Monthly Financial Details
February 2026 Page 17
Funds FY 2026 Budget FY 2026 Actual YTD % of Budget FY 2025 Budget FY 2025 Actual YTD % of Budget
605 INSURANCE FUND
Revenue
Charges for Services 0.00 1,360.80 0.00 166.63
Insurance 10,158,534.00 1,186,414.43 12% 10,175,654.00 1,490,135.34 15%
Interest Income 0.00 12,610.74 0.00 10,962.40
Other Revenue 12,745,000.00 1,631,234.55 13% 12,180,000.00 1,521,354.32 12%
Workers Compensation and Liability 386,000.00 64,755.96 17% 886,000.00 139,072.05 16%
Revenue Total 23,289,534.00 2,896,376.48 12%23,241,654.00 3,161,690.74 14%
Expenses
Insurance and Other Chargebacks 19,083,622.00 3,172,640.34 17% 18,412,499.96 3,090,223.36 17%
Salary and Benefits 693.00 1,250.12 180% 193.13 782.93 405%
Services and Supplies 3,893,500.00 578,420.67 15% 3,961,000.00 2,005,351.21 51%
Expenses Total 22,977,815.00 3,752,311.13 16%22,373,693.09 5,096,357.50 23%
City of Evanston
Monthly Financial Details
February 2026 Page 18