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
(continued)
TOTAL REVENUE $ 53,540,809 $ 53,385,360 $ 50,009,539 $ 44,881,015
TOTAL EXPENDITURES 53,096,191 63,443,962 54,789,818 50,215,367
NET REVENUE OVER (UNDER)
EXPENDITURES 444,618 (10,058,602) (4,780,279) (5,334,352)
BEGINNING FUNDS AVAILABLE 13,642,351 14,043,820 14,086,969 9,306,690
ENDING FUNDS AVAILABLE 14,086,969 3,985,218 9,306,690 3,972,338
LESS RESERVES:
7% OPERATING RESERVE (includes 3%
emergency reserve) (2,180,313) (2,238,060) (2,177,315) (2,216,041)
CHV RESERVE (4,661,484) - (2,755,058) -
2000 1 MILL RESERVE (2,195,094) - (1,855,378) -
DEBT SERVICE RESERVE (731,624) (597,580) (640,729) (597,580)
CONSERVATION TRUST RESERVE (839,857) - (17,737) -
2010 1 MILL RESERVE - - (250,319) -
INSURANCE RESERVE (1,000,975) (1,000,975) (1,000,975) (1,000,000)
ENVIRONMENTAL RESERVE (148,603) (148,603) (148,603) (158,717)
UNRESERVED FUNDS AVAILABLE $ 2,329,019 $ - $ 460,576 $ -
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