2011 Audit Report - the Burr Ridge Park District

More documents

Recommendations

Info

Burr Ridge Park DistrictWoods Pool FundSchedule of Receipts, Expenditures and Changes in Fund DeficitBudget and ActualFor the Year Ended April 30, 2011VarianceBudgeted Amountswith FinalOriginal Final Actual BudgetRECEIPTSFees and Charges $ 65,200 $ 65,200 $ 59,616 $ (5,584)Rental Fees 3,500 3,500 4,469 969Concessions 3,500 3,500 4,165 665Donations 0 0 1,800 1,800Other 5,500 5,500 5,596 96TOTAL RECEIPTS 77,700 77,700 75,646 (2,054)EXPENDITURESOffice 1,000 1,000 1,184 (184)Building 3,000 3,000 3,234 (234)Pool 33,000 33,000 27,613 5,387Personnel 43,050 43,050 43,520 (470)Swim Lessons 18,150 18,150 15,256 2,894TOTAL EXPENDITURES 98,200 98,200 90,807 7,393NET CHANGE IN FUND BALANCE $ (20,500) $ (20,500) (15,161) $ 5,339FUND DEFICIT,BEGINNING OF YEAR (50,397)END OF YEAR $ (65,558)- 43 -
Burr Ridge Park DistrictComputation of Legal Debt MarginFor the Year Ended April 30, 2011Legal Debt MarginWith WithoutReferendum ReferendumAssessed Valuation 2009 $ 874,721,535Debt Limit5.75% of Assessed Valuation $ 50,296,4882.875% of Assessed Valuation $ 25,148,244Total DebtGeneral Obligation Debt PayableSeries 2006 A 3,105,000Series 2006 B 285,000Series 2002 210,0003,600,000 3,600,000$ 46,696,488 $ 21,548,244- 44 -
Page 5: The major fund budgetary comparison
Page 8 and 9: Burr Ridge Park DistrictChanges in
Page 10 and 11: Financial Analysis of the Governmen
Page 12 and 13: Burr Ridge Park DistrictStatement o
Page 14 and 15: Burr Ridge Park DistrictGovernmenta
Page 16 and 17: Burr Ridge Park DistrictReconciliat
Page 18 and 19: Burr Ridge Park DistrictNotes To Th
Page 34 and 35: Burr Ridge Park DistrictGeneral Fun
Page 36 and 37: Burr Ridge Park DistrictGeneral Fun
Page 38 and 39: Burr Ridge Park DistrictRecreation
Page 40 and 41: Burr Ridge Park DistrictCapital Pro
Page 42 and 43: Burr Ridge Park DistrictNon-Major G
Page 44 and 45: Burr Ridge Park DistrictPaving and

2011 Audit Report - the Burr Ridge Park District

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?