2012 Budget - South Suburban Parks and Recreation

SOUTH SUBURBAN PARK AND RECREATION DISTRICT
TOTAL DISTRICT SUMMARY BY CATEGORY
ACTUAL BUDGET ESTIMATE BUDGET
2010 2011 2011 2012
REVENUE:
PROPERTY TAXES $ 14,014,932 $ 16,429,422 $ 16,429,422 $ 15,783,856
SPECIFIC OWNERSHIP 1,099,939 1,000,000 990,000 980,000
INTERGOVERNMENTAL/DONATIONS 923,058 3,138,692 3,123,741 1,101,892
NET INVESTMENT INCOME 99,549 74,500 51,700 51,700
PROGRAM REVENUE 17,186,766 18,359,418 17,143,901 18,014,507
RESTAURANT 1,905,233 2,041,135 1,806,285 1,883,824
RETAIL SALES REVENUE 968,665 958,035 913,578 931,167
FACILITY RENTAL REVENUE 591,538 850,867 660,529 673,073
CONTRACT SALES REVENUE 38,454 43,355 65,627 69,375
OTHER REVENUE 345,794 230,822 492,105 419,688
TOTAL OPERATING REVENUE 37,173,928 43,126,246 41,676,888 39,909,082
EXPENDITURES:
SALARY 16,181,221 16,812,380 16,312,616 16,456,298
BENEFITS 3,133,624 3,538,038 3,458,461 3,554,138
PROGRAM EXPENSES 345,772 307,391 268,990 334,640
RESTAURANT SALES EXPENSE 177,899 158,987 160,452 158,485
SUPPLIES 2,767,456 2,852,254 2,755,598 2,825,973
SERVICE & MATERIALS 1,278,214 1,331,093 1,271,292 1,368,213
MAINTENANCE 176,375 190,510 178,723 187,360
EQUIPMENT 182,967 131,749 119,051 129,600
UTILITIES 3,916,136 4,006,370 3,832,719 3,919,318
CONTRACTUAL 803,273 723,893 631,761 696,485
OTHER EXPENSES 1,883,240 2,050,794 1,914,831 2,027,209
DEBT SERVICE 5,122,363 4,992,495 4,993,937 4,894,547
TREASURER & PAYING AGENT FEES 248,966 292,288 292,288 302,000
TOTAL OPERATING EXPENDITURES 36,217,506 37,388,242 36,190,719 36,854,266
EXCESS OPERATING REVENUE OVER
EXPENDITURES 956,422 5,738,004 5,486,169 3,054,816
OTHER REVENUE:
CHV PAYMENT 767,503 757,371 757,371 740,000
INTERGOVERNMENTAL/DONATIONS FOR
CAPITAL PROJECTS 966,009 5,850,743 4,923,280 1,549,933
OPERATING TRANSFER IN 2,639,024 2,151,000 2,652,000 1,832,000
PROCEEDS FROM DEBT ISSUANCE 9,620,000 - - -
SALE OF ASSET - 1,500,000 - 850,000
2000 1 MILL PROPERTY TAX 2,374,345 - - -
TOTAL OTHER REVENUE 16,366,881 10,259,114 8,332,651 4,971,933
OTHER EXPENDITURES:
CHV RESERVE - 4,599,040 - 2,755,058
CONTINGENCY - 375,740 - 1,063,606
COP PAYMENT - 523,865 523,865 520,725
HUDSON GARDENS MANAGEMENT FEE 200,000 350,000 350,000 350,000
PROPOSED MERIT INCREASE - - - 250,000
OPERATING TRANSFER OUT 2,639,024 2,151,000 2,652,000 1,832,000
PAYMENT TO ESCROW AGENT 5,432,595 - - -
1 MILL EXPENDITURES 1,078,470 - - -
CAPITAL EXPENDITURES 7,528,596 18,056,075 15,073,234 6,589,712
TOTAL OTHER EXPENDITURES 16,878,685 26,055,720 18,599,099 13,361,101
NET REVENUE OVER EXPENDITURES $ 444,618 $ (10,058,602) $ (4,780,279) $ (5,334,352)
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