HomeMy WebLinkAbout2011.10 October Monthly Report
To: Wally Bobkiewicz, City Manager
Marty Lyons, Assistant City Manager / Treasurer
Cc: Hitesh Desai, Accounting Manager
From: Louis Gergits, Interim Finance Division Manager
Subject: October 2011 Monthly Financial Report
Date: November 28, 2011
Please find attached the unaudited financial statements as of October 31, 2011, which
represents 80% of the 2011 fiscal year. A summary by fund for total revenues,
expenditures/expenses, fund balances, and cash balances is as follows:
YTD YTD YTD 10/31/2011 10/31/2011
10/31/2011 10/31/2011 10/31/2011 Unreserved Cash
Fund Name Fund #Revenue Expenses Net Fund Bal Balance*
General 100 54,729,295$ 54,752,246$ (22,951)$ 14,559,012$ 5,209,882$
HPRP 190 151,051 151,051 - - -
Neighborhood Stabilization 195 3,245,794 3,156,430 89,364 89,364 89,364
Motor Fuel 200 1,550,202 1,426,115 124,087 806,177 968,574
Emergency 911 205 662,790 714,550 (51,760) 1,343,072 1,223,070
SSA#4 210 202,401 388,000 (185,599) (73,274) (264,930)
CDBG 215 1,227,658 1,065,146 162,512 585,311 78,966
CDBG Loan 220 145,801 151,408 (5,607) 1,999,115 50,562
Economic Development 225 1,243,498 1,515,452 (271,954) 2,151,247 2,141,279
Neighborhood Improvement 235 - - - 89,915 89,915
Home 240 54,194 28,844 25,350 2,661,881 44,606
Affordable Housing 250 5,438 36,909 (31,471) 2,267,682 553,544
Washington National TIF 300 3,236,295 3,156,342 79,953 9,242,629 6,818,822
SSA#5 305 244,111 53,853 190,258 428,680 211,688
SW II TIF (Howard Hartrey) 310 671,184 185,009 486,175 5,697,940 5,126,443
Southwest TIF 315 246,753 719,280 (472,527) (75,030) (321,760)
Debt Service 320 9,795,091 5,112,838 4,682,253 4,356,787 5,149,594
Howard Ridge TIF 330 578,875 112,570 466,305 1,218,255 1,028,529
West Evanston TIF 335 301,830 45,480 256,350 1,510,793 1,296,860
Capital Improvement 415 5,297,759 5,515,973 (218,214) 5,687,130 5,935,876
Special Assessment 420 136,729 575,998 (439,269) 3,320,686 3,320,683
Parking 505 6,787,762 3,732,799 3,054,963 25,101,260 15,660,230
Water 510 10,119,922 10,502,873 (382,951) 5,750,936 9,623,409
Sewer 515 18,056,303 10,351,682 7,704,621 6,815,558 9,581,811
Solid Waste 520 2,174,881 3,294,814 (1,119,933) (1,119,933) (1,163,820)
Fleet 600 3,351,514 2,631,410 720,104 3,114,062 1,657,742
Insurance 605 11,493,086 11,453,786 39,300 (4,898,197) 559,596
Total**135,710,217$ 120,830,858$ 14,879,359$ 92,631,058$ 74,670,535$
*This is net of any interfund receivables/payables
**This summary does not include the Police or Fire Pension Funds even though detailed reports are included.
The City manages these funds as a trustee and are not available for use by the City.
City of Evanston
Fund Financial Performance Summary
As of October 31, 2011
Memorandum
1
Included above are the ending balances as of October 31, 2011 for both unreserved
fund and cash balances. Of these two amounts, cash balance is the more meaningful
metric since this represents liquid cash and/or invested assets which may be used (or
easily sold) to support and fund current operations. While ending fund balance is also
an important measurement of the City’s financial health, it usually includes illiquid
assets, future cash receipts, disbursements such as receivables (including property tax)
due to the City and accounts payable/accrued expenses.
For the General Fund, the large difference of approximately $9.3M between the fund
and cash balance is partially attributable to a four month delay in income tax
disbursements from the State. The outstanding disbursements of state income tax total
approximately $2.4M. In addition, there are the typical delays in receipt of other
accrued taxes (part of fund balance but not cash) totaling approximately $5M. The
following is a summary of the major categories of outstanding receivables owed:
State Income Tax: $ 2,431,000
Sales Tax: $ 2,200,000
Home Rule Sales Tax: $ 1,370,000
Use Tax: $ 243,000
Telecommunication Tax: $ 795,000
Utility Tax: $ 366,000
Total Receivables: $ 7,405,000
The remaining amount of approximately $1.9M between fund and cash balance in the
General Fund is the net difference of additional receivables and outstanding payables
that are adjusted on an annual basis through the annual audit process. The following
revenues have a typical delay in collection greater than one month:
Revenue Description Average Delay Time
Income tax (State distributed) 1 to 2 months
Sales tax (State distributed) 3 months
Use tax (State distributed) 3 months
Telecommunications tax (State distributed) 3 months
The General Fund shows a minor deficit through 10/31/11 of $22,951. However, staff
anticipates that the Fund will end the 2011 fiscal year in a modest surplus status as was
projected during the 2012 Proposed Budget review.
Through October 31, 2011, the SSA #4 Fund is showing a deficit of $185,599, a
negative fund balance of $73,274 and a negative cash balance of $264,930. As of
November 29, 2011 the City has received approximately $153,000 of the second
property tax installment for the SSA #4 Fund. The projected deficit for the SSA #4 Fund
in FY 2011 is approximately $32,000. Staff expects that the first property tax installment
of 2012 will offset this deficit. The SSA #4 Fund is projected to have a positive fund
balance of $79,098 at the end of the current fiscal year.
2
Through October 31, 2011, the Southwest TIF Fund is showing a deficit of $472,527, a
negative fund balance of $75,030 and a negative cash balance of $321,760. As of
November 29, 2011 the City has received approximately $205,000 of the second
property tax installment for the Southwest TIF Fund. The shortfall is due to a timing
issue related to the sale of the Ward Manufacturing Property. Staff anticipates that the
fund will end the year with a deficit of $275,000 and a positive fund balance of
$125,000. Staff expects that the first property tax installment of 2012 will offset this
deficit in the Southwest TIF Fund.
For the Solid Waste Fund, revenues through October 31, 2011 were $2,174,881 and
expenditures were $3,294,814 resulting in a deficit and negative fund balance of
$1,119,933 and a negative cash balance of $1,163,820. Staff anticipates the Solid
Waste Fund will have a deficit in FY 2011.
As of October 31, 2011, the Insurance Fund had a negative fund balance of $4,898,197.
This negative fund balance is primarily due to insurance reserves for potential claims
payable. These claims/cases have not been settled, and therefore there is no
guarantee the City will actually experience this negative fund balance as estimated. It is
important to note that it is difficult to budget for many insurance related expenses due to
the highly uncertain nature of insurance.
If there are any questions on the attached report, please contact me by phone at (847)
859-7816 or by email: lgergits@cityofevanston.org.
Detailed fund summary reports can be found at the following link:
http://www.cityofevanston.org/city-budget/financial-reports/
CERTIFICATION OF ATTACHED FINANCIAL REPORTS
As required per Illinois Statute 65 ILCS 5/3.1-35-45 I, Martin Lyons, Treasurer of the
City of Evanston, hereby affirm that I have reviewed the October 31, 2011 year-to-date
financial information and reports which to the best of my knowledge appear accurate
and complete.
3
Revenues Budget Actual
% of
Budget Budget Actual
% of
Budget Budget Actual
% of
Budget Budget Actual
% of
Budget Budget Actual
% of
Budget
Property Tax 16,516,200$ 10,515,800$ 63.7%-$ -$ -$ -$ -$ -$ -$ -$
Sales Tax 11,852,968 9,729,853 82.1%
State Income Tax 4,635,565 4,106,372 88.6%
Utility Tax 6,982,341 5,155,390 73.8%
Real Estate Transfer Tax 1,500,000 1,753,772 116.9%
Liquor Tax 1,623,754 1,459,995 89.9%
Other Taxes 4,433,860 3,419,050 77.1%
Licenses, Permits, Fees 7,293,557 4,090,639 56.1%
Charges for Services 6,048,402 5,271,397 87.2% 4,545,138 4,046,653 89.0% 10,504,299 8,885,842 84.6% 10,931,000 9,155,642 83.8% 2,949,489 2,174,881 73.7%
Intergovernmental Revenues 802,239 873,215 108.8% 2,820,455 2,735,709 97.0%
Interfund Transfers 6,790,549 5,247,582 77.3%
Other Non-Tax Revenue 5,394,047 3,106,230 57.6% 2,936,000 5,400 0.2% 4,125,004 1,234,080 29.9% 4,092,918 103,556 2.5%
Total Revenues 73,873,482$ 54,729,295$ 74.1% 10,301,593$ 6,787,762$ 65.9% 14,629,303$ 10,119,922$ 69.2% 15,023,918$ 9,259,198$ 61.6% 2,949,489$ 2,174,881$ 73.7%
Expenditures
Legislative 523,131$ 401,476$ 76.7%-$ -$ -$ -$ -$ -$ -$ -$
City Administration 1,675,952 574,313 34.3%
Law Department 828,120 619,074 74.8%
Administrative Services Department 8,206,488 4,952,276 60.3%
Community and Econ. Development 2,824,205 1,958,753 69.4%
Police Department 20,263,642 16,070,949 79.3%
Fire & Life Safety Services 11,192,783 8,612,618 76.9%
Health Department 2,135,313 1,499,008 70.2%
Public Works- Operating 6,862,268 4,825,611 70.3% 10,158,426 3,732,799 36.7% 10,102,142 7,060,940 69.9% 16,368,740 10,014,183 61.2% 3,967,285 3,294,814 83.0%
Public Works- Capital Outlay 3,242,598 - 0.0% 7,785,500 3,441,933 44.2% 687,475 337,499 49.1%
Public Library 3,708,359 2,756,662 74.3%
Parks, Recreation & Comm. Services 15,653,221 12,481,506 79.7%
Total Expenditures 73,873,482$ 54,752,246$ 74.1% 13,401,024$ 3,732,799$ 27.9% 17,887,642$ 10,502,873$ 58.7% 17,056,215$ 10,351,682$ 60.7% 3,967,285$ 3,294,814$ 83.0%
City of Evanston
Report of Budget-to-Actual Revenues and Expenditures
As of October 31, 2011
Parking Fund Water Fund Solid Waste FundSewer FundGeneral Fund
(Target is 80% of FY 2011 Budget)
4
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Budget Audited Budget YTD
Adopted Actual Adopted Actual
Tax - Property 16,549,600$ 16,159,344$ 16,516,200$ 10,515,800$
Tax - State Use 1,095,000 1,060,610 677,877 690,636
Tax - Sales Tax (ROT)8,914,000 8,791,573 7,300,000 5,936,915
Tax - Sales Tax Home Rule 5,520,000 5,724,904 4,552,968 3,792,938
Tax - Auto Rental 35,000 36,445 29,155 25,247
Tax - Athletic Contest 650,200 646,337 550,000 154,227
Tax - State Income 5,717,000 5,808,360 4,635,565 4,106,372
Tax - Fire Insurance - - 90,000 -
Tax - Electric Utility 2,802,000 2,783,149 2,196,333 1,881,509
Tax - Natural Gas Distribution 1,583,000 1,188,498 1,385,130 737,744
Tax - Natural Gas Use 869,000 740,854 709,044 429,923
Tax - Cigarette 485,000 440,103 295,284 250,827
Tax - Local Gasoline 450,000 558,024 550,378 371,126
Tax - Liquor 2,050,000 2,070,063 1,623,754 1,459,995
Tax - Parking 1,785,000 2,330,876 1,800,000 1,554,093
Tax - Personal Property Replacement 676,500 740,819 441,166 372,894
Tax - Real Estate Transfer 1,600,000 1,790,182 1,500,000 1,753,772
Tax - Telecommunications 3,230,000 3,160,106 2,691,834 2,106,214
License Fees - Vehicles 2,700,000 2,598,341 1,799,820 712,093
License Fees - Other 1,163,600 959,800 814,720 699,121
Other Fees 1,214,500 1,208,836 1,092,617 872,887
Permit Fees - Building 2,200,000 2,702,810 2,500,000 915,873
Permit Fees - Other 1,041,800 1,197,488 1,086,400 890,665
Fines and Forfeiture Revenue 4,403,500 4,002,700 3,806,864 2,611,267
Charges for Services Revenue 10,516,700 9,702,647 6,048,402 5,271,397
Other Revenue 1,400,800 3,349,977 1,575,183 493,323
Intergovernmental Revenue 785,500 1,152,632 802,239 873,215
Interfund Transfers In (Other Funds)7,336,200 7,608,746 6,790,549 5,247,582
Interest Income 100,000 11,454 12,000 1,640
Total Revenue 86,873,900 88,525,678 73,873,482 54,729,295
Legislative 603,194 589,865 523,131 401,476
City Administration 1,952,348 1,921,782 1,675,952 574,313
Law Department 1,026,853 960,007 828,120 619,074
Administrative Services Department 8,770,765 9,266,548 8,206,488 4,952,276
Community and Economic Development 3,885,366 3,904,597 2,824,205 1,958,753
Police Department 21,776,503 22,439,417 20,263,642 16,070,949
Fire & Life Safety Services Department 12,329,910 12,819,555 11,192,783 8,612,618
Health Department 2,307,906 2,079,737 2,135,313 1,499,008
Public Works Department 12,899,123 12,618,306 6,862,268 4,825,611
Library 4,217,872 4,214,554 3,708,359 2,756,662
Parks, Recreation & Community Services 16,808,920 16,157,573 15,653,221 12,481,506
Total Expenditures 86,578,760 86,971,941 73,873,482 54,752,246
Net Surplus (Deficit)295,140$ 1,553,737$ -$ (22,951)$
Beginning Unreserved/Undesignated Fund Balance 13,175,781 14,581,963
Adjustment (Note 1)(147,555)
Ending Unreserved/Undesignated Fund Balance 14,581,963$ 14,559,012$
Note 1: Adjustment reflects reconciliation between
budgetary basis and GAAP basis.
City of Evanston
General Fund
As of October 31, 2011
5
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Budget YTD
Budget Actual Adopted Actual
Grant Proceeds -$ -$ 288,460$ 151,051$
Total Revenue - - 288,460 151,051
HPRP Administration - - 27,000 10,842
Program Activities - - 261,460 140,209
Total Expenditures - - 288,460 151,051
Net Surplus (Deficit)-$ -$ -$ -$
Beginning Unreserved Fund Balance - -
Ending Unreserved Fund Balance -$ -$
City of Evanston
Homelessness Prevention & Rapid Re-Housing Program
As of October 31, 2011
6
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Budget YTD
Budget Actual Adopted Actual
Grant Proceeds 4,000,000$ 4,205,637$ 6,887,345$ 3,245,794$
Program Income - - 1,500,000 -
Total Revenue 4,000,000 4,205,637 8,387,345 3,245,794
Development Activities 4,000,000 4,205,637 7,985,000 2,940,856
Administration - - 124,345 91,942
Transfer to General Fund - - 278,000 123,632
Total Expenditures 4,000,000 4,205,637 8,387,345 3,156,430
Net Surplus (Deficit)-$ -$ -$ 89,364$
Beginning Unreserved Fund Balance - -
Ending Unreserved Fund Balance -$ 89,364$
City of Evanston
Neighborhood Stabilization Fund
As of October 31, 2011
7
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
State Allotment 1,900,000$ 1,880,012$ 1,900,000$ 1,549,751$
Investment Earnings 30,000 1,614 2,000 451
Miscellaneous Income - 2,108 - -
Total Revenue 1,930,000 1,883,734 1,902,000 1,550,202
Sheridan Rd./ Isabella St. Project
(JT with Wilmette)130,000 - - -
Street Resurfacing (2009)- - - -
Street Resurfacing (2010)1,700,000 1,223,580 - -
Street Resurfacing (2011)- 1,200,000 868,121
Transfer to General Fund - Staff Engineering 122,500 650,004 110,606 88,485
Transfer to General Fund - Street Maintenance 650,000 122,496 586,886 469,509
Total Expenditures 2,602,500 1,996,080 1,897,492 1,426,115
Net Surplus (Deficit)(672,500)$ (112,346)$ 4,508$ 124,087$
Beginning Unreserved Fund Balance 794,436 682,090
Ending Unreserved Fund Balance 682,090$ 806,177$
City of Evanston
Motor Fuel Fund
As of October 31, 2011
8
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Landline Surcharge Revenue 670,000$ 601,043$ 525,000$ 383,933$
Wireless Surcharge Revenue 380,000 410,851 340,000 278,670
Interest Income 6,000 974 750 187
Miscellaneous Revenue - - - -
Total Revenue 1,056,000 1,012,868 865,750 662,790
Operating Expense 848,949 764,833 778,737 549,157
Interfund Transfers Out 143,455 143,472 125,868 100,694
Capital Replacement 1,619,700 913,530 229,353 64,699
Total Expenditures 2,612,104 1,821,835 1,133,958 714,550
Net Surplus (Deficit)(1,556,104)$ (808,967)$ (268,208)$ (51,760)$
Beginning Unreserved Fund Balance 2,203,799 1,394,832
Ending Unreserved Fund Balance 1,394,832$ 1,343,072$
City of Evanston
E911 Fund
As of October 31, 2011
9
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Property Tax Revenue 378,000$ 217,097$ 378,000$ 202,385$
Investment Income - 35 - 16
Total Revenues 378,000 217,132 378,000 202,401
Professional Fees (Evmark)378,000 378,216 378,000 388,000
Total Expenditures 378,000 378,216 378,000 388,000
Net Surplus (Deficit)-$ (161,084)$ -$ (185,599)$
Beginning Unreserved Fund Balance 273,409 112,325
Ending Unreserved Fund Balance 112,325$ (73,274)$
City of Evanston
Special Service Area #4 Fund
As of October 31, 2011
10
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Intergovernmental/Entitlement 1,955,566$ 1,971,590$ 2,095,180$ 1,212,727$
Funds Reallocated from Prior Years 67,531 - 25,000
Program Income 27,079 37,787 20,000 14,931
Miscellaneous - - - -
Total Revenues 2,050,176 2,009,377 2,140,180 1,227,658
CDBG Administration/Planning 344,870 359,568 308,367 140,561
Development Activities 843,063 768,449 1,016,894 370,273
Transfers to General Fund 856,000 881,360 772,000 554,312
Total Expenditures 2,043,933 2,009,377 2,097,261 1,065,146
Transfer In - - - -
Net Surplus (Deficit)6,243$ -$ 42,919$ 162,512$
Beginning Unreserved Fund Balance 422,799 422,799
Ending Unreserved Fund Balance 422,799$ 585,311$
City of Evanston
CDBG Fund
As of October 31, 2011
11
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Intergovernmental Revenue -$ 65,814$ -$ 145,572$
Program Income 3,000 - 9,000
Interest Income - - - 229
Total Revenues 3,000 65,814 9,000 145,801
Program Expenses 20,000 35,574 20,000 151,408
Transfer to CDBG 55,000 - -
Development Activities - - - -
Total Expenditures 75,000 35,574 20,000 151,408
Net Surplus (Deficit)(72,000)$ 30,240$ (11,000)$ (5,607)$
Beginning Unreserved Fund Balance 1,974,482 2,004,722
Ending Unreserved Fund Balance 2,004,722$ 1,999,115$
City of Evanston
CDBG Loan Fund
As of October 31, 2011
12
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Hotel Tax 1,500,000$ 1,275,713$ 1,350,000$ 1,070,252$
Amusement Tax 300,000 276,720 300,000 173,133
Investment Income 8,000 591 8,000 113
Total Revenues 1,808,000 1,553,024 1,658,000 1,243,498
Economic Development Activities 1,351,627 747,437 1,640,247 1,213,647
Tax Rebate Agreement - -
Transfers to General Fund 407,455 390,000 377,256 301,805
Total Expenditures 1,759,082 1,137,437 2,017,503 1,515,452
Net Surplus (Deficit)48,918$ 415,587$ (359,503)$ (271,954)$
Beginning Unreserved Fund Balance 2,007,615 2,423,201
Ending Unreserved Fund Balance 2,423,201$ 2,151,247$
City of Evanston
Economic Development Fund
As of October 31, 2011
13
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Taxes 40,000$ 20,000$ 20,000$ -$
Transfers From Other Funds -$ -$ - -
Interest Income - - - -
Total Revenues 40,000 20,000 20,000 -
Program Expenses 50,000 5,397 50,000 -
Transfers to Other Funds - - - -
Total Expenditures 50,000 5,397 50,000 -
Net Surplus (Deficit)(10,000)$ 14,603$ (30,000)$ -$
Beginning Unreserved Fund Balance 75,312 89,915
Ending Unreserved Fund Balance 89,915$ 89,915$
City of Evanston
Neighborhood Improvement Fund
As of October 31, 2011
14
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Intergovernmental /Entitlement 575,009$ 663,318$ 560,000$ 54,194$
Program Income 9,000 7,490 10,000 -
Total Revenues 584,009 670,808 570,000 54,194
Home Administration/Planning 51,000 - 56,000 2,667
CHDO Operating 25,500 - 28,000
Development Activities 465,700 83,141 429,600 1,913
Transfers to General Fund 34,300 - 56,400 24,264
Total Expenditures 576,500 83,141 570,000 28,844
Net Surplus (Deficit)7,509$ 587,667$ -$ 25,350$
Beginning Unreserved Fund Balance 2,048,864 2,636,531
Ending Unreserved Fund Balance 2,636,531$ 2,661,881$
City of Evanston
Home Fund
As of October 31, 2011
15
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Interest Income 21,000$ 1,098$ 1,000$ 105$
Demolition Taxes 10,000 20,000 8,330
Developer Contributions 150,000 150,000 - 2,000
Rehab Repayments - 20,000 3,333
Miscellaneous - 37,037 - -
Total Revenues 181,000 208,135 29,330 5,438
Housing - Land 50,000 - 41,650 -
Housing - Buildings - - - -
Down Payment Assistance 200,000 100,516 166,600 20,915
Transfers to General Fund 24,000 24,000 19,992 15,994
Miscellaneous 48,000 10,560 39,984 -
Total Expenditures 322,000 135,076 268,226 36,909
Net Surplus (Deficit)(141,000)$ 73,059$ (238,896)$ (31,471)$
Beginning Unreserved Fund Balance 2,226,094 2,299,153
Ending Unreserved Fund Balance 2,299,153$ 2,267,682$
City of Evanston
Affordable Housing Fund
As of October 31, 2011
16
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Tax Increment 4,704,000$ 4,887,915$ 4,800,000$ 3,231,883$
Interest Income 25,000 27,588 25,000 4,412
Total Revenue 4,729,000 4,915,503 4,825,000 3,236,295
Series 1997 Principal
(refunded by 1999 & 2008D) 304,002 305,000 325,000 -
Series 1997 Interest
(refunded by 1999 and 2008D) 111,762 134,366 128,200 59,100
Contributions to Other Agencies - - -
Capital Improvements 153,500 - 773,715 101,533
Contractual Services 79,000 94,942 125,000
Transfer to Parking Fund (Sherman)3,385,900 3,385,896 3,419,636 2,735,709
Transfer to General Fund 325,000 324,996 325,000 260,000
Total Expenditures 4,359,164 4,245,200 5,096,551 3,156,342
Net Surplus (Deficit) 369,836$ 670,303$ (271,551)$ 79,953$
Beginning Unreserved Fund Balance 8,492,373 9,162,676
Ending Unreserved Fund Balance 9,162,676$ 9,242,629$
City of Evanston
Washington National TIF Fund
As of October 31, 2011
17
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Taxes 431,812$ 395,214$ 428,756$ 244,090$
Interest Income 100 44 100 21
Total Revenue 431,912 395,258 428,856 244,111
Series 2002C Bonds Principal 325,000 315,000 340,000 -
Series 2002C Bonds Interest 113,062 125,975 88,756 53,853
General Management Support - - - -
Total Expenditures 438,062 440,975 428,756 53,853
Net Surplus (Deficit) (6,150)$ (45,717)$ 100$ 190,258$
Beginning Unreserved Fund Balance 284,139 238,422
Ending Unreserved Fund Balance 238,422$ 428,680$
City of Evanston
Special Service Area #5
As of October 31, 2011
18
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Tax Increment 1,252,000$ 883,463$ 1,300,000$ 670,496$
Interest Income 15,000 1,549 5,000 688
Total Revenue 1,267,000 885,012 1,305,000 671,184
1994 & 1996 Bonds Principal
(refunded by 1999 and 2008D bonds)533,249 535,000 570,000 -
1994 & 1996 Bonds Interest
(refunded by 1999 and 2008D bonds)141,804 170,483 141,804 70,529
Other Expenses - 785 460,000 1,200
Operating Transfer to General Fund 141,600 141,600 141,600 113,280
Total Expenditures 816,653 847,868 1,313,404 185,009
Net Surplus (Deficit)450,347$ 37,144$ (8,404)$ 486,175$
Beginning Unreserved Fund Balance 5,174,621 5,211,765
Ending Unreserved Fund Balance 5,211,765$ 5,697,940$
City of Evanston
SW II TIF (Howard Hartrey)
As of October 31, 2011
19
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Tax Increment 656,000$ 330,136$ 656,000$ 246,731$ 451,731
Interest Income 500 12 500 22 22
Total Revenue 656,500 330,148 656,500 246,753 451,753
Contribution to Other Agencies 840,000 840,523 700,000 700,000 700,000
Operating Transfer to General Fund 24,100 24,096 24,100 19,280 24,100
Total Expenditures 864,100 864,619 724,100 719,280 724,100
Net Surplus (Deficit)(207,600)$ (534,471)$ (67,600)$ (472,527)$ (272,347)
Beginning Unreserved Fund Balance 931,968 397,497 397,497
Ending Unreserved Fund Balance 397,497$ (75,030)$ 125,150
City of Evanston
Southwest TIF
As of October 31, 2011
20
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Tax- Current 10,376,436$ 9,642,473$ 10,806,574$ 6,650,360$
Net Property Tax- Prior Year - - - 195,837
Capitalized Interest 68,188 - -
Bond Proceeds/Premium/ Discounts - - - 2,143,285
Transfer from Other Funds - IMRF - - 871,528 582,048
Interest Income 10,000 700 1,000 1,199
Transfer from Special Assessment Fund 317,659 317,664 317,660 222,362
Total Revenue 10,772,283 9,960,837 11,996,762 9,795,091
Series 1999- Principal - 550,000 - -
Series 1999- Interest - 31,376 - 23,937
Series 2000 - Principal - 195,000 -
Series 2000 - Interest - 144,013 - 69,081
Series 2000 D- Principal - - -
Series 2000 D- Interest - - -
Series 2002 C- Principal 675,000 685,000 -
Series 2002 C- Interest 171,737 221,812 117,400 63,547
Series 2003 - Principal - - -
Series 2003 - Interest - - - 59,832
Series 2003 B- Principal 365,000 365,000 - 2,780,000
Series 2003 B- Interest 104,560 104,560 46,623
Series 2004- Principal 710,000 785,000 735,000
Series 2004- Interest 559,400 589,850 533,250 279,225
Series 2004 B- Principal 1,150,000 1,465,000 1,210,000
Series 2004 B- Interest 185,824 248,811 145,494 126,600
Series 2005- Principal 510,000 525,000 525,000
Series 2005- Interest 741,500 761,400 721,500 370,400
Series 2006- Principal 75,000 125,000 75,000
Series 2006- Interest 457,583 472,158 454,620 233,610
Series 2006 B Bonds- Interest 604,126 604,126 302,063 302,063
Series 2007 - Principal 1,075,000 1,105,000 1,115,000
Series 2007 - Interest 654,625 692,543 626,520 331,620
Series 2008A - Principal 195,000 349,740 195,000
Series 2008A - Interest 144,012 429,376 138,162 209,442
Series 2008C - Principal 332,340 - 343,800
Series 2008C - Interest 408,014 - 398,044
Series 2008D - Principal 550,000 - 520,000
Series 2008D - Interest 31,378 - 47,874
Series 2010- Estimated Interest/Principal 800,000 107,966 -
Series 2010 A - Principal DSF - 240,000
Series 2010 A - Interest DSF - 190,138 95,069
Series 2010 B - Principal DSF - 695,000
Series 2010 B - Interest DSF - 176,528 73,727
Series 2004- Principal SAF 75,000 - 80,000
Series 2004- Interest SAF 30,450 - 25,200
Series 2005- Principal SAF 15,000 - 20,000
Series 2005- Interest SAF 19,900 - 19,300
Series 2006- Principal SAF 50,000 - 50,000
Series 2006- Interest SAF 14,575 - 12,600
Series 2007 - Principal SAF 30,000 - 35,000
Series 2007 - Interest SAF 37,919 - 36,720
Series 2008C - Principal SAF 17,400 - 18,000
Series 2008C - Interest SAF 21,362 - 20,840
General Management and Support - 49 5,000
Transfer out -General Fund - - -
Escrow Funding - - -
Bond Issuance Costs 200,000 71,197 75,000 86,385
Fiscal Agent Fees 8,000 12,200 8,000 8,300
Total Expenditures 11,019,705 10,641,177 9,957,676 5,112,838
Net Surplus (Deficit)(247,422)$ (680,340)$ 2,039,086$ 4,682,253$
Beginning Unreserved Fund Balance 354,874 (325,466)
Ending Unreserved Fund Balance (325,466)$ 4,356,787$
City of Evanston
Debt Service Fund
As of October 31, 2011
21
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Taxes 689,000$ 248,025$ 689,000$ 565,525$
Interest Income 500 239 400 73
Miscellaneous - 1,126 - 13,277
Total Revenue 689,500 249,390 689,400 578,875
General Management Support - 495,246 - 16,250
Transfers to General Fund 120,400 120,396 120,400 96,320
Total Expenditures 120,400 615,642 120,400 112,570
Net Surplus (Deficit)569,100$ (366,252)$ 569,000$ 466,305$
Beginning Unreserved Fund Balance 1,118,202 751,950
Ending Unreserved Fund Balance 751,950$ 1,218,255$
City of Evanston
Howard Ridge TIF
As of October 31, 2011
22
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Net Property Taxes 315,000$ 422,698$ 580,000$ 299,624$
Interest Income 500 1,060 1,000 2,206
Total Revenue 315,500 423,758 581,000 301,830
General Management Support - - - -
Capital Projects 490,000 313,727 490,000 5,480
Transfers to General Fund 25,000 24,996 50,000 40,000
Total Expenditures 515,000 338,723 540,000 45,480
Net Surplus (Deficit)(199,500)$ 85,035$ 41,000$ 256,350$
Beginning Unreserved Fund Balance 1,169,408 1,254,443
Ending Unreserved Fund Balance 1,254,443$ 1,510,793$
City of Evanston
West Evanston TIF
As of October 31, 2011
23
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Bond Proceeds 7,852,243$ 6,572,922$ 5,078,500$ 5,177,539$
Installment Loan Proceeds 400,000 - -
Grants 5,129,385 1,957,587 4,231,473 24,731
Private Contributions 450,000 575,000 -
Miscellaneous - 149,000 80,284
Interest Income 50,000 49,068 - 15,205
Total Revenue 13,881,628 8,579,577 10,033,973 5,297,759
Administration - - 95,680 79,411
Capital Outlay (includes
prior year rollovers)16,331,628 7,816,007 13,014,138 5,194,858
Interfund Transfers Out 300,000 300,000 300,000 241,704
Total Expenditures 16,631,628 8,116,007 13,409,818 5,515,973
Net Surplus (Deficit)(2,750,000)$ 463,570$ (3,375,845)$ (218,214)$
Beginning Unreserved Fund Balance 5,441,774 5,905,344
Ending Unreserved Fund Balance 5,905,344$ 5,687,130$
City of Evanston
Capital Improvement Fund
As of October 31, 2011
24
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Special Assessments Collected 550,000$ 429,487$ 550,000$ 130,071$
Bond Proceeds - - -
Investment Income 25,000 6,009 25,000 6,658
Total Revenue 575,000 435,496 575,000 136,729
Transfer to Debt Service Fund 317,659 317,664 317,659 222,362
Capital Improvements 480,000 190,932 1,575,000 353,636
General Management Support - 774 - -
Other Costs - - - -
Total Expenditures 797,659 509,370 1,892,659 575,998
Net Surplus (Deficit)(222,659)$ (73,874)$ (1,317,659)$ (439,269)$
Beginning Unreserved Fund Balance 3,833,829 3,759,955
Ending Unreserved Fund Balance 3,759,955$ 3,320,686$
City of Evanston
Special Assessment Fund
As of October 31, 2011
25
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Parking Lots & Meters 2,832,000$ 2,871,432$ 2,349,060$ 1,966,836$
Church Street Garage 810,000 579,223 583,333 452,107
Maple Avenue Garage 1,367,000 1,160,994 1,138,711 707,919
Sherman Avenue Garage 1,598,000 1,375,817 1,331,134 919,791
Washington National TIF Interfund Transfers-In 3,385,900 3,385,896 2,820,455 2,735,709
Downtown II TIF Interfund Transfers-In - - - -
Downtown TIF Revenues - - - -
Interest Income 34,900 5,564 34,900 5,400
Reserve for Future Repairs (Contra Depreciation)2,044,000 - 2,044,000 -
Total Revenue 12,071,800 9,378,926 10,301,593 6,787,762
7005 - Parking System Administration 661,407 854,103 743,677 389,533
7015 - Parking Lots and Meters 971,743 725,880 799,498 586,117
7025 - Church Street Self Park 800,100 550,739 674,084 264,354
7030 - Church Street Debt Payments 159,700 155,124 133,030 27,168
7036 - Sherman Avenue Garage 5,878,900 3,324,541 5,324,706 1,260,452
7037 - Maple Avenue Garage 1,920,991 1,850,207 1,680,189 562,582
7038 - TIF Bond/Transfers - - - -
7050- Interfund Transfers Out 964,276 964,272 803,242 642,593
Capital Improvements - - 3,242,598 -
Total Expenditures 11,357,117 8,424,866 13,401,024 3,732,799
Net Surplus (Deficit)714,683$ 954,060$ (3,099,431)$ 3,054,963$
Further Operating Expense Breakdown:
7015 Parking Meter Activities 927,743 725,880 762,846 586,117
7015 Parking Meter Depreciation 44,000 - 36,652 -
SUBTOTAL 971,743 725,880 799,498 586,117
7025- Church Garage Activities 584,100 550,739 494,156 264,354
7025- Church Garage Depreciation 216,000 - 179,928 -
SUBTOTAL 800,100 550,739 674,084 264,354
7036 Sherman Garage Activities 1,425,000 1,014,541 1,199,756 1,260,452
7036 Transfer to General Fund - - - -
7036 Debt Service Payments 3,403,900 2,310,000 3,250,300 -
7036 Reserve (Depreciation)1,050,000 - 874,650 -
SUBTOTAL 5,878,900 3,324,541 5,324,706 1,260,452
7037 Maple Garage Activities 1,186,991 1,850,207 1,013,991 562,582
7037 Tax Rebate Agreement - - - -
7037 Debt Service Payments - - - -
7037 Reserve (Depreciation)734,000 - 666,198 -
SUBTOTAL 1,920,991 1,850,207 1,680,189 562,582
Beginning Unreserved Fund Balance 21,092,237 22,046,297
Ending Unreserved Fund Balance 22,046,297$ 25,101,260$
City of Evanston
Parking Fund
As of October 31, 2011
26
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Evanston 5,675,000$ 5,419,315$ 4,647,499$ 3,821,193$
Skokie 2,690,000 2,885,096 2,286,500 2,057,097
Northwest Commission 4,100,000 4,781,645 3,570,300 3,007,552
Investment Earnings 12,000 2,773 9,996 802
Debt Proceeds 3,500,000 - 3,340,000 642,359
Debt Proceeds (zero interest)531,335 - - -
Fees and Merchandise Sales 50,000 182,191 35,000 38,795
Fees and Outside Work 80,000 79,439 146,640 196,757
Grants 510,246 161,964 350,000 87,500
Phosphate Sales 60,000 46,140 49,980 37,437
Property Sales and Rentals 184,200 179,319 193,388 157,329
Misc Revenue 63,000 - - 73,101
Total Revenue 17,455,781 13,737,882 14,629,303 10,119,922
General Support 788,521 820,136 681,872 426,542
Pumping 2,655,827 2,075,791 2,270,869 1,452,985
Filtration 2,492,978 2,170,905 2,138,628 1,451,930
Distribution 1,384,891 1,205,917 1,260,167 773,110
Meter Maintenance 356,611 294,342 320,115 215,222
Other Operating Expenses 239,800 637,920 219,791 104,869
Debt Service 657,560 53,328 82,542 133,755
Capital Outlay 155,000 3,661,302 115,500 41,933
Capital Improvements 7,600,581 - 7,670,000 3,400,000
Depreciation - 1,439,663 - -
Interfund Transfers Out - General
Fund 3,286,800 3,286,800 2,737,748 2,190,324
Interfund Transfers Out -
Insurance Fund 468,492 - 390,410 312,203
Total Expense 20,087,061 15,646,104 17,887,642 10,502,873
Net Surplus (Deficit)(2,631,280)$ (1,908,222)$ (3,258,339)$ (382,951)$
Beginning Unreserved Fund Balance 8,042,109 6,133,887
Ending Unreserved Fund Balance 6,133,887$ 5,750,936$
City of Evanston
Water Fund
As of October 31, 2011
27
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Operations 14,284,000$ 13,347,308$ 10,931,000$ 9,155,642$
Debt Proceeds - 8,687,475 8,797,105
Investment Earnings 4,000 1,619 3,332 1,377
Miscellaneous - 44,359 89,586 102,179
Total Revenue 14,288,000 13,393,286 19,711,393 18,056,303
Sewer Operations 1,972,921 1,843,159 1,673,727 1,203,241
Other Operating Expenses 53,100 559,549 21,000 21,000
Interfund Transfers Out
(Excludes Fleet)536,203 - 446,657 357,326
Capital Outlay 30,000 - 12,000 10,830
Capital Improvement Account 700,000 302,647 687,475 337,499
Depreciation - - - -
Debt Service 14,215,356 14,168,614 14,215,356 8,421,786
Total Expenses 17,507,580 16,873,969 17,056,215 10,351,682
Net Surplus (Deficit)(3,219,580)$ (3,480,683)$ 2,655,178$ 7,704,621$
Beginning Unreserved Fund Balance 2,591,620 (889,063)
Ending Unreserved Fund Balance (889,063)$ 6,815,558$
City of Evanston
Sewer Fund
As of October 31, 2011
28
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Solid Waste Franchise Fees -$ -$ 141,610$ 203,392
SWANCC Recycling Incentive - - 124,950 123,396
Recycling Service Charge - - 1,826,269 1,483,843
Sanitation Service Charge Penalty - - 16,660 28,687
Special Pickup Fees - - 100,000 39,870
State Recycling Grant - - 45,000 48,883
Trash Cart Sales - - 15,000 36,889
Yard Waste Fees - - 680,000 209,921
Total Revenue - - 2,949,489 2,174,881
Refuse Collection & Disposal - - 1,975,110 2,288,163
Residential Recycling Collection - - 960,841 555,075
Yard Waste Collection - - 1,031,334 451,576
Total Expense - - 3,967,285 3,294,814
Net Surplus (Deficit)-$ -$ (1,017,796)$ (1,119,933)
Beginning Unreserved Fund Balance - -
Ending Unreserved Fund Balance -$ (1,119,933)
City of Evanston
Solid Waste
As of October 31, 2011
29
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
General Fund 4,047,800$ 4,047,726$ 2,877,885$ 2,302,310$
Parking Fund 29,700 29,700 24,740 19,792
Water Fund 195,100 195,100 162,518 130,015
Sewer Fund 305,500 305,500 254,482 203,585
Solid Waste Fund - - 396,000 316,800
Sale of Surplus Property 252,260 74,907 350,000 85,109
Damage to City Property 29,770 - 24,798 -
Miscellaneous Revenue - 1,501,993 - 293,731
Interest Income 5,000 897 4,165 172
Total Revenues 4,865,130 6,155,823 4,094,588 3,351,514
General Support 287,135 244,546 236,857 161,921
Major Maintenance 2,914,725 2,803,490 2,934,771 2,036,225
Capital Outlay 1,700,000 1,632,992 1,933,320 433,264
Total Expenditures 4,901,860 4,681,028 5,104,948 2,631,410
Net Surplus (Deficit)(36,730)$ 1,474,795$ (1,010,360)$ 720,104$
Beginning Unreserved Fund Balance 919,163 2,393,958
Ending Unreserved Fund Balance 2,393,958$ 3,114,062$
City of Evanston
Fleet Fund
As of October 31, 2011
30
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Charges for Services - General Fund 10,102,500$ 10,438,142$ 10,106,816$ 7,879,902$
Charges for Services - Parking Fund 499,176 499,191 355,946 284,757
Charges for Services - Water Fund 966,092 966,056 913,521 742,201
Charges for Services - Sewer Fund 432,203 432,214 367,581 294,065
Charges for Services - E911 Fund 75,355 75,316 89,376 71,501
Charges for Services - CDBG Fund 40,555 40,603 33,677 26,942
Charges for Services - Economic Dev. Fund 44,055 44,064 51,116 40,893
Charges for Services - Fleet Fund 138,500 138,470 184,760 147,809
Charges for Services - NSP II Fund - - 5,463 4,370
Charges for Services - Solid Waste Fund - - 145,937 116,755
Retiree Health Insurance Contributions 2,036,000 1,669,598 1,695,988 1,057,158
Employee Health Insurance Contributions 1,304,450 1,452,904 1,200,000 756,158
Subrogation Proceeds 100,000 66,718 83,300 70,377
Investment Income 50,000 1,030 41,650 198
Total Revenues 15,788,886 15,824,306 15,275,131 11,493,086
General Administration 277,587 369,301 250,943 192,026
Liability Insurance Premiums 470,000 510,658 391,510 368,468
Liability Legal Fees 425,000 571,692 175,000 362,765
Liability Settlement Payments 400,000 233,696 300,000 259,928
Health Insurance Premiums 12,147,850 12,355,778 11,138,960 8,501,694
Health Insurance Opt Outs 78,000 71,420 64,974 48,830
Workers Comp Insurance Premiums 90,000 103,997 120,000 85,311
Workers Comp Legal Fees 170,000 93,435 71,000 43,564
Workers Comp Medical Payments 500,000 844,619 900,000 741,766
Workers Comp Settlement Payments 1,000,000 1,129,738 833,000 652,848
Workers Comp TPA Pymts (Non specific)- 155,250 108,750 113,375
Workers Comp TTD Pymts (Non sworn)300,000 194,016 249,900 83,211
Total Expenditures 15,858,437 16,633,600 14,604,037 11,453,786
Net Surplus (Deficit)(69,551)$ (809,294)$ 671,094$ 39,300$
Beginning Unreserved Fund Balance (4,128,203) (4,937,497)
Ending Unreserved Fund Balance (4,937,497)$ (4,898,197)$
City of Evanston
Insurance Fund
As of October 31, 2011
31
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Property Taxes 6,057,267$ 5,937,637$ 6,913,759$ 3,901,115$
Personal Property Repl Tax 301,000 235,000 158,694
Interest on Investment 400,000 396,713 625,000 221,804
Participant Contributions 858,000 786,615 750,000 582,507
Unrealized Gain - 3,714,273 - (111,673)
Total Revenue 7,616,267 10,835,238 8,523,759 4,752,447
Administrative Expenses 175,000 54,039 170,000 169,559
Retiree Pensions 4,024,000 6,262,733 3,500,000 3,026,827
Widows' Pensions 898,000 above 750,000 687,010
Disability Pensions 708,000 above 720,000 697,863
QUILDRO 15,000 above 18,000 49,119
Reserve for Future Payments 1,796,267 - - -
Total Expenditures 7,616,267 6,316,772 5,158,000 4,630,378
Net Surplus (Deficit)-$ 4,518,466$ 3,365,759$ 122,069$
Beg Net Assets held in Trust 49,840,356 54,358,822 54,358,822
End Net Assets held in Trust 54,358,822$ 57,724,581$ 54,480,891$
City of Evanston
Fire Pension Fund
As of October 31, 2011
32
FY 2010-2011 FY 2010-2011 FY 2011 FY 2011
Adopted Audited Adopted YTD
Budget Actual Budget Actual
Property Taxes 7,436,369$ 7,254,256$ 8,561,091$ 4,789,013$
Personal Property Repl Tax 351,000 270,833 185,055
Interest Income 1,420,000 1,410,949 1,420,000 610,821
Participant Contributions 1,343,000 1,233,021 1,153,600 922,557
Miscellaneous - 95 69
Unrealized Gain - 5,375,088 - 10,947
Total Revenue 10,550,369 15,273,409 11,405,524 6,518,462
Administrative Expenses 225,000 66,763 155,000 122,551
Retiree Pensions 6,623,000 8,040,888 5,750,000 4,638,365
Widow Pensions 615,000 above 512,500 536,699
Disability Pensions 505,000 above 437,500 407,928
Separation Refunds - 149,950 - 15,963
QUILDRO 15,000 above 12,000 9,511
Reserve for Future Payments 2,567,369 - - -
Total Expenditures 10,550,369 8,257,601 6,867,000 5,731,017
Net Surplus (Deficit)-$ 7,015,808$ 4,538,524$ 787,445$
Beg Net Assets held in Trust 65,449,706 72,465,514 72,465,514
End Net Assets held in Trust 72,465,514$ 77,004,038$ 73,252,959$
City of Evanston
Police Pension Fund
As of October 31, 2011
33
March April May June July August September October November December
FY 2011 Unreserved Fund Balance 15,222,768$ 20,587,218$ 19,833,681$ 18,933,072$ 15,666,386$ 13,995,827$ 13,049,413$ 14,559,012$
FY 2010-11 Unreserved Fund Balance 19,918,009$ 19,537,624$ 19,137,377$ 17,675,102$ 16,539,922$ 15,233,166$ 13,303,394$ 12,088,788$
FY 2011 Cash Balance 8,500,193$ 12,269,387$ 11,926,354$ 10,788,858$ 10,521,181$ 6,868,731$ 3,819,631$ 5,209,882$
FY 2010-11 Cash Balance 12,065,689$ 12,800,603$ 11,889,234$ 9,790,128$ 8,893,548$ 7,871,900$ 5,258,286$ 3,989,279$
$-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
City of Evanston General Fund
Comparison of Fund and Cash Balances
Fiscal Year 2011 vs Fiscal Year 2010-11
FY 2011 Unreserved Fund Balance
FY 2010-11 Unreserved Fund Balance
FY 2011 Cash Balance
FY 2010-11 Cash Balance
34