2012 Budget Summary - Chicago Park District

Financial PoliciesFinancial Summary - RevenuesAll Operating Funds2010 Budget 2011 Budget 2012 Budget % ChangeProperty Taxes $ 259,910,657 $ 259,910,657 $ 259,910,657 0.0%Other Property Tax Income (TIF) 12,000,000 - -100.0%Less Property Tax Loss in Collections (10,006,560) (10,136,516) (10,136,516) 0.0%Personal Property Replacement Tax (PPRT) 41,055,000 39,002,250 39,392,273 1.0%Interest On Investment 500,000 200,000 200,000 0.0%Concession Revenue 2,500,000 2,477,975 2,822,350 13.9%MLK Center 1,250,000 1,321,992 1,431,823 8.3%Parking Fees 2,587,542 2,435,862 2,931,783 20.4%Harbor Fees 22,416,851 23,461,707 27,557,914 17.5%Golf Fees 5,359,661 5,203,260 5,062,558 -2.7%Park Fees 14,611,721 14,079,363 14,179,000 0.7%Soldier Field 23,598,532 24,393,864 25,267,262 3.6%Rentals 2,496,211 2,217,861 2,589,932 16.8%Northerly Island 391,501 375,763 900,000 139.5%Donation and Grant Income 5,000,000 5,000,000 5,000,000 0.0%Corporate Sponsorships - 850,000 500,000 -41.2%Miscellaneous Income 1,950,000 1,405,000 2,285,904 62.7%Permits 5,095,793 6,132,300 6,582,300 7.3%Capital Contributions 3,896,731 4,138,206 3,836,713 -7.3%Long Term Income Reserve 380,000 100,000 - -100.0%Dedicated Capital Fund Balance 7,700,000 - -Fund Balance Transfer 3,000,000 17,205,850 473.5%Interest on Capital Investment 1,160,000 - -$ 391,853,640 $ 397,569,544 $ 407,519,803 2.5%38