2012 Budget Summary - Chicago Park District

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Budget and ManagementGoal:Seek alternativeinter-governmentalfunding sourcessharing communitydevelopment goalsMeasure# of TIF developmentagreements executedValue of TIFdevelopmentagreements executed(millions)Value of open spaceimpact fee agreementsexecuted (millions)2012Projection2011As of 6/30/112009-2010% Change2010 20098 10 --% NA 5$21,365,000 $26,720,000 --% NA $8,400,000$2,750,000 $95,962 --% NA 0124
ComptrollerThe Office of the Comptroller consists of four divisions that provide financial services to parks,departments, employees and vendors: General Accounting, Accounts Payable, Payroll and QualityControls and Review. The Comptroller’s Office maintains the financial integrity of the District and itscommitment to sound business practices and financial policies. Our office collects data and coordinates,manages and records all financial transactions for the District, in addition to managing the annualfinancial audit and producing the Comprehensive Annual Financial Report (CAFR) Popular AnnualFinancial Report (PAFR).$1,675,000Department ExpendituresAccount 2010 Actual 2011 Budget 2012 BudgetPersonnel Services $ 1,024,599 $ 1,229,795 $ 1,161,456Materials & Supplies $ 15,675 $ 20,305 $ 27,200Contractual Services $ 404,385 $ 356,410 $ 484,530Total $ 1,444,659 $ 1,606,510 $ 1,673,186Personnel FTE 17 18.6 17.0$1,600,000$1,525,000$1,450,000$1,375,000$1,300,0002010 2011 20122011 AccomplishmentsThe Government Finance Officers Association of the United States and Canada (GFOA) awarded aCertificate of Achievement for Excellence in Financial Reporting to the Chicago Park District for itsComprehensive Annual Financial Report (CAFR) for three consecutive years.Implemented the Oracle Fixed Assets module to account for and report on the District’s capitalassets. This monthly process imports all Oracle Accounts Payable data and groups it into the abovementioned categories for financial reporting.Absorbed the grants management function into the Comptroller’s Office to centralize the recording,monitoring and reporting functions for all Federal, State and Local grants. The District is responsiblefor adhering to GASB 33, Accounting for Non-Exchange Transactions, U. S. Government AccountingOffice (GAO) and the American Recovery and Reinvestment Act (ARRA) guidelines in accounting fornew grants and accurately reporting on existing grant revenues and expenditures.Implemented online and electronic pay stubs and direct deposit advices via our website tool.Employees now have access to 3 years of payroll information, including benefit balances and W-2’swhich saves the District money in printing costs and staff time.2012 GoalsTo receive the Government Finance Officers Association Certificate of Achievement for Excellence inFinancial Reporting for the Comprehensive Annual Financial Report and Popular Annual FinancialReport for the year ended 2009.GASB No. 51, Accounting and Financial Reporting for Intangible Assets is effective for the District forfiscal year ended December 31, 2010. Governments must now retroactively account for intangibleassets such as easements, water rights, timber rights, patents, trademarks, and computer software.The Comptroller’s Office will be charged with ensuring the District is in compliance with GASB 51and accurately reporting these assets on the 2010 financial statements.125
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Letter From the General Superintend
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2012 Chicago Park District Budget S
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2012 BUDGET SUMMARYSECTION I - 2011
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Millions2012 Chicago Park District
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MillionsProgram Revenue2012 Chicago
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DemographicsChicago Park District H
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DemographicsCity of Chicago Populat
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DemographicsBall Diamonds per 10,00
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Offerings SummaryProgramming Distri
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Core ValuesCore ValuesThe Chicago P
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Core ValuesUtilitiesNearly 20% of e
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2012 BUDGET SUMMARYSECTION III - 20
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Fund StructureCapital Project Funds
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Basis of BudgetingBasis of Budgetin
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Financial PoliciesThe District is a
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Financial PoliciesJuly 2011Budget m
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Financial PoliciesFinancial Summary
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Fund BalanceGeneral Fund BalanceAmo
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Detailed Revenue2012 Operating Budg
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Detailed RevenuePPRT Budgeted vs Ac
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MillionsDetailed RevenueHarbor Fees
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Detailed RevenueRecreational and Cu
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Detailed Expenses2012 Operating Bud
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Detailed ExpensesMuseums In the Par
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Capital Improvementsobjectives, est
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Capital ImprovementsCapital Improve
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Capital ImprovementsOUTSIDE FUNDING
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Capital ImprovementsLand Acquisitio
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20122013201420152016201720182019202
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Personnel SummaryFull Time Equivale
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Community Recreation - Administrati
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Central RegionDedicated to Chicago'
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Central RegionGoal:Increase # ofact
Page 74 and 75: North Region2012 GoalsContinue to e
Page 76 and 77: South RegionThe South Region is res
Page 78 and 79: South RegionGoal:Development andimp
Page 80 and 81: Community Recreationambassadors, sa
Page 82 and 83: Community Recreation - Administrati
Page 84 and 85: Community Recreation - Sports IGYMN
Page 86 and 87: Community Recreation - Sports II201
Page 88 and 89: Community Recreation - Sports IIWEL
Page 90 and 91: Culture, Arts & Nature (CAN)Conduct
Page 92 and 93: OperationsThe departments within Op
Page 94 and 95: Facilities ManagementDEPARTMENT BUD
Page 96 and 97: Green InitiativesThe Office of Gree
Page 98 and 99: Natural ResourcesThe Department of
Page 100 and 101: Natural ResourcesGoal:Increase andp
Page 102 and 103: Park Services - Permit EnforcementT
Page 104 and 105: Office of the SecretaryDepartment E
Page 106 and 107: Board of Commissioners - AuditThe D
Page 108 and 109: LawThe Law Department represents th
Page 110 and 111: LawGoal:Provide thehighest qualityl
Page 112 and 113: CommunicationsThe Chicago Park Dist
Page 114 and 115: Disability Policy OfficePerformance
Page 116 and 117: General Administrative ServicesRedu
Page 118 and 119: Information TechnologyThe Informati
Page 120 and 121: Information TechnologyMeasure2012Pr
Page 122 and 123: FinanceOffices within Finance are r
Page 126 and 127: ComptrollerGASB No. 54, Fund Balanc
Page 128 and 129: Financial ServicesThe Shared Financ
Page 130 and 131: RevenuePerformance DataGoal:Maximiz
Page 132 and 133: 2012 BUDGET SUMMARYGLOSSARYCHICAGO
Page 134 and 135: GlossaryBudgetA financial plan for
Page 136 and 137: GlossaryExpensesCharged incurred (w
Page 138 and 139: GlossaryOperating BudgetA plan for
Page 140 and 141: GlossaryReplacement Cost Methodolog
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2012 Budget Summary - Chicago Park District

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