Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
8.2 1st reading of AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR FISCAL YEAR COMMENCING JANUARY 1, 2022 AND ENDING DECEMBER 31, 2022 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE
Mr�GauC �'d'+rt;�iect Item Cover Page Subject-..' ORDINANCE ADOPTING ANNUAL . OF MOUNT PROSPECT, • FOR , COMMENCING1 DECEMBER 31, 2022 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE Meeting NovemberA■ MEETING OF • PROSPECT : • Fiscal Impact Dollar Amount Budget Source Category NEW BUSINESS Type Ordinance Information The Village of Mount Prospect released the proposed 2022 budget on October 8, 2021. During October 2021, the Village Board and the Finance Commission had two joint workshop discussing the proposed 2022 budget (Oct. 12 Budget Workshop Video / Oct. 19 Budget Workshop Video). Staff presented Operating Budget for the year 2022 as well as Community Investment Plan for a five year period of 2022-2026. The budget document can be accessed using the link www.mountprospect.org/budget. The Proposed Budget for 2022 expenditures totals $155,196,933, an increase of $17.7 million, or 12.8% from the amended 2021 Budget. The increase is primarily the result of increased investments in water and sewer projects including $6.9 million in Rand -Central - MP Road Intersection Improvements and $5.5 million in Emergency Water Interconnect. Expenditure 2022 Budget 2021 Budget Increase percent Change Category / (Decrease) Village Operating Budget 79,152,546 77,377,150 1,775,390 2.9% 1 Community 2022 Budget 2021 Budget Increase / percent Change Investment 45,560,681 33,560,368 12,000,313 35.8% Program 20,873,259 20,565,258 308,001 1.5% Debt Service 8,707,111 8,903,318 (196,207) -2.2% Budget 54,713,145 43,756,343 10,956,802 25.0% Internal Service 11,979,095 11,919,615 59,480 0.5% Funds 3,008,000 3,067,000 (59,000) -1.9% Business District 1,285,500 1,390,000 (104,500) -7.5% Fund 38,333,258 35,925,468 2,407,790 6.7% Prospect/Main TIF 737,000 237,000 500,000 0.00/0 Dist. Other Transfer Out 7,775,000 4,14U, 000 3,635,000 87.8% Total 155,196,933 137,527,451 17,669,482 12.8% Expenditures The operating budget will see an increase of $1.8 million or 2.3% from the 2021 Budget. The 2022 operating budget also includes $143,697 for any unknown contingency and will be spent subject to Village Board approval. The 5 -year Community Investment Plan (CIP) includes CIP spending for the year 2022 totaling $45.6 million. The total CIP spending will be $12.0 million higher compared to 2021 amended budget. The total debt service payments for fiscal year (FY) 2022 will be $8.7 million. During FY 2022, a total of $5.1 million will be repaid in outstanding principal debt, while the total interest payment will be $3.6 million. The current plan also includes the issuance of $10.0 million in new debt/bonds for the Water/Sewer fund per the approved 2017 rate study. The 2022 bond issuance will be the last of its current series and will help the Village in bringing the critical water system infrastructure replacement cycle from 600 years to 130 years. Increases of $500,000 in the TIF expenditures are for payments to be made per the existing redevelopment agreements and reduced revenue of $104,500 for the Business District Fund due to the Novel Coronavirus (COVID-19) is resulting in lower interest payment on the business district note. The 2022 revenue budget totals at $154,130,092, an increase of $16,952,102 or 12.4 percent. The increase was primarily the result of increased intergovernmental revenues due to project grants. The 2022 budget includes various capital project grants totaling $15.5 million from the American Rescue Plan, Surface Transportation Program Grant (STP), Congestion Mitigation and Air Quality Grant (CMAQ), and other State Grants. Revenue 2022 Budget 2021 Budget Increase / percent Change Category (Decrease) Property Taxes 20,873,259 20,565,258 308,001 1.5% Other Taxes 13,304,500 13,300,000 4,500 0.00/0 Intergovernmental 54,713,145 43,756,343 10,956,802 25.0% Revenue Licenses, Permits 3,008,000 3,067,000 (59,000) -1.9% & Fees Charges for 38,333,258 35,925,468 2,407,790 6.7% Services 2 Fines & Forfeits 541,000 458,500 82,500 18.0% Investment 118,070 450,501 (332,431) -73.8% Income Other Revenue 2,261,860 2,269,920 (8,060) -0.4% Reimbursement 397,000 445,000 (48,000) -10.8% Other Financing 20,580,000 16,940,000 3.640,000 21.5% Sources Grand Total 154,130,092 137,177,9901 16,952,1021 12.4% The most recent census data has shown an encouraging growth in the population. The official Village population increased from 54,167 in 2010 to 56,852. The State of Illinois distributes Income Tax, Motor -fuel Tax and State Use Tax on a per capita basis. The Village is expected to gain $300,000 in additional revenues in the above-mentioned per capita items. Recently, the Village has seen an unusual increase in the Income Tax and Use Tax revenues. The 2022 budget has also captured the growth in both of these revenue sources after confirming their stability in the 2020 and 2021 actual amounts. An increase to the combined water and sewer rate of 8.0 percent is also included in this Proposed Budget to fund an expanded water/sewer main replacement program. These increases are required in the 2017 water rate study and subsequently approved by ordinances. The plan also includes a 3.5 percent increase in the refuse rates. Through this budget, a new Storm Sewer Utility Fee is being introduced. The Storm Sewer Utility fee of $5.00 each month per customer will provide an approximate funding source of $1.0 million. This fee will be paid by all the residents and businesses of the Village, irrespective of the fact that if they are on the Village's current water and sewer system or not. The collected amount will provide much needed funding for storm sewer and flood control projects. Currently, the Village assigns one-quarter of one percent of the collected sales tax revenue to the Flood Control Fund, but the major part of this funding is tied to debt service payments until 2033. The remaining revenue sources are not significant and the Village has used $6.7 million from the General Fund reserves to fund critical flood control projects. The use of reserves for flood control and storm sewer projects is not sustainable in the long run and there is a severe need to establish a dedicated funding source. The General Fund operating expenses are budgeted at $59.1 million, an increase of $2.1 million from the amended 2021 budget of $57.0 million. Of the $2.1 million, $1.5 million is due to hiring of six firefighters, an additional Social Case Worker, and wage increases for both union and non-union employees. The remaining amount represents inflationary/market rate adjustments for supplies, contractual services and other items. The General Fund non-operating expenditures includes Community Investment Program items totaling $2.3 million and various transfers out totaling $7.78 million. The transfer out from the General Fund supports various capital projects for the year 2022. The transfer out also includes $5.0 million from the American Rescue Plan to the Capital Improvement Fund for qualified items. KI The financial position of the Village remains very strong. Reserve levels have continued to exceed our expectations as a result of revenue growth and responsible spending plans. Total available balances (excluding pensions) at December 31, 2021 are projected to be $61.9 million. Of this amount, $24.4 million are reserve balances in the General Fund, the Village's main operating budget. The General Fund reserves as a percent of 2022 expenditures is 35.0 percent. It is important to note that not all the fund balance is in liquid form. Some portion of the fund balance is occupied by the accounts receivables and it is not available immediately. At 35 percent of accounting fund balance, the Village normally has a cash balance, which may equate to 25 percent of the annual expenditures. The Village's fund balance policy calls for the General Fund to maintain a reserve level of between 20.0 and 30.0 percent. Strong reserves and annual budgets that are balanced are two factors contributing to the strong bond rating assigned to Village debt. The Community Investment Plan (CIP) for 2022-2026 totals at $151,978,841. Of this amount, $45,560,681 will be invested in 2022. CIP plan is posted on the Village's website along with the other budget items. Program 2022 2023 2024 2025 2026 Total Water System 12,435,000 4,565,000 6,350,000 7,970,000 7,385,000 38,705,000 Sanitary System 1,620,000 2,505,000 1,000,000 1,000,000 1,000,000 7,125,000 Flood Control 3,520,000 270,000 470,000 220,000 220,000 4,700,000 Storm Sewer 900,000 2,948,000 1,505,000 1,180,000 800,000 7,333,000 Street Const. and Reconst. 9,024,000 1,300,000 9,750,000 350,000 350,000 20,774,000 Resurfacing/ Curbs & Sidewalks 5,974,960 8,093,731 6,262,537 11,896,580 11,255,659 43,483,467 Improvement to Public Buildings' 7,555,000 1 215 000 1,175,000 350 000 3,555,000 13 850 000 Computer Hardware/Software 276,500 644,000 409,000 224,000 229,000 1,782,500 Vehicles/Automotive Equip. 3,223,000 1,408,000 3,252,000 875,000 683,000 9,441,000 Non -Automotive Equip. 283,000 839,000 600,000 - - 1,722,000 Miscellaneous 749,221 683,805 578,481 493,251 558,116 3,062,874 Grand Total 45,560,681 24,471,536 31,352,018 24,558,831 26,035,775151,978,841 The public hearing for the 2022 budget is scheduled on November 16, 2021 at 7:00 PM at a regular Village Board meeting. The second reading of the ordinance and approval will also be held November 16, 2021. Alternatives 1. Village Board approval of accompanying ordinance adopting the 2022 annual budget. 2. Action at discretion of Village Board. 4 Staff Recommendation Approve the accompanying ordinance adopting the 2022 annual budget. ATTACHMENTS: Budget Ordinance Final 2022.pdf ORDINANCE NO. AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2022 AND ENDING DECEMBER 31, 2022 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES This day of November 2021 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois this day of November, 2021. C. ORDINANCE NO. 6544 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2022 AND ENDING DECEMBER 31, 2022 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE WHEREAS, the President and Board of Trustees of the Village of Mount Prospect in accordance with State Statutes, have provided for the preparation and adoption of an Annual Budget in lieu of passage of an Appropriation Ordinance; and WHEREAS, the proposed Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 2022 and ending December 31, 2022, as prepared by the Budget Officer for the Village and submitted to the President and Board of Trustees, was placed on file in the Office of the Village Clerk on October 8, 2021 for public inspection, as provided by Statute; and WHEREAS, pursuant to notice duly published on October 21, 2021, a public hearing was held by the President and Board of Tiustees on said tentative annual budget on November 16, 2021, as provided by Statute; and WHEREAS, following said public hearing, said proposed Annual Budget was reviewed by the President and Board of Trustees and a copy of said proposed Annual Budget is attached hereto and hereby made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: The Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 2022 and ending December 31, 2022, a copy of which is attached hereto and made a part hereof, is hereby approved and adopted as the Annual Budget for the Village of Mount Prospect for said fiscal year. SECTION TWO: Within thirty (30) days following the adoption of this Ordinance there shall be filed with the County Clerk of Cook County a copy thereof duly certified by the Village Clerk and Estimate of Revenues by source anticipated to be received by the Village in the fiscal year beginning January 1, 2022 and ending December 31, 2022, duly certified by the Chief Fiscal Officer. 7 SECTION THREE: This Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: NAYS: ABSENT: ABSTAIN: PASSED AND APPROVED this day of November 2021. Paul Wm. Hoefert, Mayor ATTEST: Karen Agoranos, Village Clerk 0 Village of Mount Prospect 9 Budget 2022 % 2019 2020 2021 2021 2022 2023 Change Actual Actual Budget Estimate lBudget Forecast 21 to 22 Revenues Property Taxes 19,054,332 19,969,131 20,565,258 20,067,502 2.0,873,2.59 22,061,656 1.5% Other Taxes 13,908,983 12,259,800 13,300,000 12,612,500 3,304,500 13,570,590 0.0% Licenses, Permits & Fees 3,461,600 3,048,181 3,067,000 2,962,750 3,008,000 3,068,160 -1.9% Intergovernmental Revenue 35,225,923 37,899,551 43,756,343 46,472,715 54,713 145 38,038,600 25.0% Charges For Services 32,666,189 35,208,750 35,925,468 36,149,111 38,333,258 39,634,225 6.7% Fines & Forfeits 502,032 415,209 458,500 488,478 541.,000 551,820 18.0% Investment Income 1,879,804 447,269 450,501 60,921 1,1,8,1.070 121,352 -73.8% Reimbursements 686,835 493,128 445,000 290,080 397,000 302,940 -10.8% Other Revenue 2,296,291 2,875,745 2,269,920 2,180,562 2,261,860 2,307,087 -0.4% Other Financing Sources 13,723,095 5,175,501 16,940,000 4,856,751 20,580 000 1,430,100 21.5% ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Revenues Total ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 123,405,084 117,792,265 137,177,990 126,141,370 154,130,092 121,086,530 12.4% Expenditures Village Operating Budget 72,895,273 75,115,633 77,377,150 75,529,527 79,152,546 80,770,930 2.3% Non -Operating Expenditures Community Investment Program 31,802,457 36,202,880 33,560,368 29,741,031 45,560,681, 19,933,536 35.8% Debt Services Budget 7,770,630 8,046,096 8,903,318 8,902,471 8,707,1,1,1, 7,088,325 -2.2% Internal Service Funds (a) 11,539,058 11,861,338 11,919,615 11,736,761 1.1.,979.9,095 12,176,776 0.5% Business District Fund 1,458,547 1,036,290 1,390,000 1,118,211 1,285,500 1,311,225 -7.5% Prospect/Main TIF Dist Other Non -Op Exp 1,663,734 2,607,385 237,000 172,700 737,000 828,000 211.0% ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Non -Operating Expenditures Total ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 54,234,426 59,753,989 56,010,301 51,671,174 68,2.69,387 41,337,862 21.9% Other Financing Uses Interfund Transfers 3,709,981 5,188,000 4,140,000 4,544,819 7,775,000 1,425,000 87.8% ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Financing Uses Total ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 3,709,981 5,188,000 4,140,000 4,544,819 7,775,000 1,425,000 87.8% ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Expenditures Total ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 130,839,680 140,057,622 137,527,451 131,745,520 1,55,1,96,933 123,533,792 12.8% Excess (Defici[elncy) of Revenues &, Otlhleu° Sou irces Over IExlpell'ndlitu res (7,434,596) (2.2,2.65,357) (349,461,) (5,604,150) (1,066,841,) (2.,447,262.) 2053% Village of Mount Prospect 9 Budget 2022 REVENUES AND OTHER SOURCESIB FUND Village of Mount Prospect 10 Budget 2022 2019 2020 2021 2021 2022 2023 % Change Actual Actual Budget Estimate Budget Forecast 21 to 22 Gt.:INIf:::IRAII..IF'UINID 60,9.78,579. 58,741,301 58,859,777 63,317,212 65,779„208 62,747,170 11.8% DI1::::16"If SIf:::IRVIICIf::: IF'UND 5,949,669 6,236,443 5,851,071 5,262,101 5,407,686 4,654,020 7.6% CAIPII"II"AIL. PROJECTS IF'U,JINI:DS Capital Improvement Fund 2,152,018 1,401,071 2,590,000 2,475,921 9,9.09.,000 3,604,020 251.4% Street Improvement Construc Fund 3,636,767 3,639,540 4,367,000 4,229,598 9,030,600 4,035,932 106.8% Flood Control Construction Fund 416,641 5,335,871 9,712,000 8,122,000 9.,'x9.4,000 1,540,720 -84.4% Police & Fire Building Const. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 692,103 96,684 - 126 - +++ CAPITAL PROJECTS FUNDS TOTAL ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 6,897,529 10,473,166 16,669,000 14,827,645 9.9,645,600 9,180,672 17.9% SIPIECIIAII.. IRIEVIENUIE IFU.UINIDS Refuse Disposal Fund 4,500,464 4,513,302 4,790,348 4,750,554 4,942,200 5,041,044 3.2% Motor Fuel Tax Fund 1,816,893 3,194,939 3,100,785 3,094,474 3,9.09.,440 1,949,730 0.0% CDBG 303,871 377,613 468,500 515,250 'x0'7 77'0 507,770 8.4% Asset Seizure Fund 17,403 6,492 6,000 294 6,9.00 6,222 1.7% Federal Equitable Share Funds 30,238 1,443 4,100 5,883 8,220 8,384 100.5% DUI Fine Fund 20,358 7,602 10,200 8,006 8,020 8,180 -21.4% Foreign Fire Tax Board Fund 81,245 90,707 77,500 98,093 90,9.50 91,955 16.3% Business District Fund 1,458,547 1,036,290 1,390,000 1,118,211 9.,285,500 1,311,225 -7.5% Prospect and Main TIF District ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 11,421,170 1,575,832 4,153,000 1,570,645 4,455,000 1,688,100 7.3% SPECIAL REVENUE FUNDS TOTAL ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 19,650,189 10,804,220 14,000,433 11,161,410 9.4,404,400 10,612,610 2.9% EN"II"EIRIPRIISIE IFUNIDS Water and Sewer Fund 15,333,159 16,899,702 27,261,745 17,317,404 34,732,525 19,322,478 27.4% Parking System Revenue Fund 161,280 57,744 160,201 31,925 9.76,600 113,632 10.2% Village Parking System Fund ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 1,543,635 49,349 174,725 8,169 96,29.0 98,134 -44.9% ENTERPRISE FUNDS TOTAL ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 17,038,074 17,006,795 27,596,671 17,357,498 35,005,335 19,534,244 26.8% INTIERNAL SIEIRVIICIE IF'iUNIDS Vehicle Maintenance Fund 2,051,852 2,522,045 2,359,159 2,361,759 2,O32,691. 2,398,890 -13.8% Vehicle Replacement Fund 2,412,122 1,837,039 2,119,860 2,079,245 1,444,950 1,446,720 -31.8% Computer Replacement Fund 172,981 46,082 179,400 178,453 29.0,9.75 210,177 17.2% Risk Management Fund ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 9,054,097 10,125,174 9,542,619 9,596,047 9.0„200,047 10,302,027 6.9% INTERNAL SERVICE FUNDS TOTAL ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 13,691,052 14,530,340 14,201,038 14,215,504 9.3„887,863 14,357,814 -2.2% REVENUES TOTAL BY FUND 123,405,084 117,792,265 137,177,990 126,141,370 9.54„9.30,092 121,086,530 12.4% Village of Mount Prospect 10 Budget 2022 REVENUES REVENUES Line herr Detail Charges For Services 001.442.001 MP Library 17,200 4,300 17,000 5,000 5,000 5,100 -70.6% 001.442.002 MP Park District 9,592 3,197 10,000 5,000 5,000 5,100 -50.0% Village of Mount Prospect Budget 2022 11 2019 2020 2021 2021 20022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 001, . Geirneirall IFund Property Taxes 001.40D.D02 Prop Taxes - PY (131,508) (188,510) - (106,023) 001.400.003 Prop Taxes -Police CY 3,402,620 3,784,752 3,767,056 3,700,000 3,495,01.6 3,495,016 -7.2% 001.400.004 Prop Taxes -Police PY (33,621) (44,998) - (23,607) 001.400.005 Prop Taxes -Fire CY 3,140,868 3,396,583 3,375,879 3,300,000 3,357,488 3,367,483 -0.2% 001.400.006 Prop Taxes -Fire PY (26,778) (38,545) - (19,755) 001.400.009 Prop Taxes - R&B CY 130,931 135,918 130,000 130,000 1.36,0001 138,720 4.6% 001.400.010 Prop Taxes - R&B PY (1,330) (1,732) - (1,010) 001.60.00.00.0.000.400.001 Prop Taxes - CY 4,779,476 4,375,307 4,346,500 4,301,000 4,346,500 4,498,628 0.0% 001.70.00.00.0.000.400.001 Prop Taxes - CY ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,953,552 5,083,041 4,907,652 4,850,000 5,049,5 74 5,226,309 2.9% Property Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 16,214,210 16,501,816 16,527,087 16,130,605 16,394,573 16,726,156 -0.8% Other Taxes 001.401.001 ComEd Electric Tax 1,100,458 1,090,942 1,185,000 1,100,000 1.,1.85,0100 1,208,700 0.0% 001.401.002 Natural Gas Use Tax 116,517 101,861 116,500 100,000 1.10,000 112,200 -5.6% 001.401.003 NICOR Gas Tax 436,155 393,253 450,000 385,000 400,0000 408,000 -11.1% 001.401.004 Telecom Tax 1,639,217 1,439,154 1,600,000 1,424,000 1.,43,:x,0.000 1,463,700 -10.3% 001.402.001 Auto Rental Tax 25,929 23,823 16,500 23,500 23,500 23,970 42.4% 001.402.003 Food & Bev Tax 928,940 818,911 820,000 975,000 1.,002,10000 1,022,040 22.2% 001.402.005 Hotel/Motel Tax 264,319 60,705 220,000 125,000 1.7!5'810 V 178,500 -20.5% 001.402.007 Real Estate Trsfr Tax 1,434,580 962,687 1,125,000 1,010,000 1.,1.25„000 1,147,500 0.0% 001.403.003 HR Sales Tax -3rd 1,318,737 1,167,399 1,325,000 1,325,000 1.,400,000 1,428,000 5.7% 001.404.001 Cable TV - Comcast 599,426 580,643 606,000 585,000 580„000 591,600 -4.3% 001.404.002 Cable TV - WOW 108,966 102,114 110,000 101,000 1.02„000 104,040 -7.3% 001.404.003 Cable TV -AT&T ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 48,242 41,399 50,000 42,000 442,000 42,840 -16.0% Other Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 8,021,486 6,782,891 7,624,000 7,195,500 7,579„500 7,731,090 -0.6% Licenses, Permits & Fees 001.409.001 Alarm Licenses 48,720 46,655 47,000 46,000 47„000 47,940 0.0% 001.409.002 Business Licenses 147,195 148,629 148,000 146,500 1.50,0000 153,000 1.4% 001.409.003 Contractor Licenses 124,000 123,600 100,000 118,000 1.1.0,000 112,200 10.0% 001.409.005 Elevator Licenses 26,420 25,132 28,000 24,500 25,000 25,500 -10.7% 001.409.006 Liquor Licenses 207,920 125,013 200,000 172,000 1.75,0000 178,500 -12.5% 001.409.007 Utility Permit Fee 7,100 8,900 5,000 13,500 5,000 5,100 0.0% 001.409.009 Gaming Applications 3,600 600 3,000 1,000 1.,000 1,020 -66.7% 001.409.010 Gaming Terminal Fees 43,732 48,675 40,000 76,250 75,000 76,500 87.5% 001.410.001 Building Permit 880,693 701,011 600,000 600,000 6500,000 663,000 8.3% 001.410.003 Electrical Permit (100) - - - +++ 001.410.004 Landlord/Rental Permit 340,975 291,462 341,000 300,000 290,000 295,800 -15.0% 001.410.005 Plumbing Permit (250) - - - +++ 001.410.009 Village Impact Fees ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 94,699 113,037 50,000 25,000 25,000 25,500 -50.0% Licenses, Permits & Fees Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,924,704 1,632,714 1,562,000 1,522,750 1.851538000 1,584,060 -0.6% Intergovernmental Revenue 001.415.001 Charitable Games Tax 4,309 3,340 3,500 3,500 3,5050 3,570 0.0% 001.415.002 State Income Tax 5,765,484 5,886,270 5,254,200 6,000,000 6,3000,0000 6,426,000 19.9% 001.415.004 State Sales Tax 22,930,474 21,526,123 22,500,000 23,000,000 23„5000„000 24,000,000 4.4% 001.415.005 State Use Tax 1,798,489 2,254,976 1,814,590 2,000,000 2,000,000 2,040,000 10.2% 001.415.007 Cannabis Education Fund - 37,425 43,300 45,000 50„000 51,000 15.5% 001.416.001 Pers Prop Repl Tax 452,036 404,003 384,200 490,000 475,000 490,000 23.6% 001.416.002 Pers Prop Repl Tx -R&B 8,510 7,863 6,000 6,000 6„000 6,120 0.0% 001.417.001 Forest River Fire Dist 44,250 54,400 45,000 30,400 45,000 45,900 0.0% 001.417.002 Maint of State Highways 79,301 54,502 80,000 112,000 80„000 82,000 0.0% 001.418.021 AFG Grant 47,560 - - -- 001.418.023 Complete Census Grant - 25,000 - +++ 001.419.007 IL DCEO Capital Grant - 14,160 +++ 001.419.016 Census Participation Grant (MMC) - 21,888 - -- 001.420.003 Other Grants 8,500 19,096 310,000 250,000 1.00,000 102,000 -67.7% 001.60.00.00.0.000.418.001 Body Armor Grant 4,440 5,384 6,000 5,500 .5,000 5,100 -16.7% 001.60.00.00.0.000.418.024 Gas Masks 52,260 - +++ 001.60.61.66.0.000.417.025 Rei mb-Police DEA Task Force 25,475 16,877 12,000 15,470 1.2,000 12,240 0.0% 001.418.026 Cares Act Grant - 514,578 - - - - +++ 001.415.008 Municipal Cannabis Tax - - - 300,000 600,000 625,000 +++ 001.418.006 STP Grant - - 8000,00000 - +++ 001.418.025 HHS - Cares Act Grant 41,256 - - +++ 001.418.027 American Rescue Plan ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 3,513,935 3,513,935 +++ Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 31,168,828 30,925,241 30,458,790 35,785,965 317,490,435 33,888,930 23.1% Charges For Services 001.442.001 MP Library 17,200 4,300 17,000 5,000 5,000 5,100 -70.6% 001.442.002 MP Park District 9,592 3,197 10,000 5,000 5,000 5,100 -50.0% Village of Mount Prospect Budget 2022 11 REVENUES REVENUES Line herr Detail Village of Mount Prospect ,� 2 Budget 2022 2019 2020 2021 2021 26022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 001.449.002 Nuisance Abatement Fee 9,395 - - - - - +++ 001.449.004 Permit Reinspection Fee 17,775 6,250 20,000 8,000 5,000 5,100 -75.0% 001.449.008 Truck Fees 6,460 11,990 5,000 5,000 6„000 6,120 20.0% 001.449.009 Vacant Structure Reg 4,000 4,500 5,000 5,000 6,000 6,120 20.0% 001.449.012 ZBA Hearing Fees 13,450 15,800 12,000 5,000 !!i,000 5,100 -58.3% 001.60.61.00.0.000.444.001 Spec Detail Revenue 73,695 72,868 60,000 35,000 50,000 51,000 -16.7% 001.70.00.00.0.000.449.001 Ambulance Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,426,990 1,942,064 1,500,000 1,900,000 1.,900,000 1,938,000 26.7% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,578,557 2,060,969 1,629,000 1,968,000 1.,982,0010 2,021,640 21.7% Fines & Forfeits 001.453.003 Code Fines 7,200 10,513 5,000 50,000 50,0010 51,000 900.0% 001.453.008 Forfeited Escrow Funds 33,200 47,875 35,000 35,000 35,000 35,700 0.0% 001.453.009 Local Ordinance Fines 15,940 6,300 1,000 - 5,0010 5,100 400.0% 001.453.011 Parking Fines 156,195 91,254 175,000 175,000 1.75,0010 178,500 0.0% 001.60.00.00.0.000.453.001 Circuit Court Fines 73,493 85,762 75,000 65,900 85,0010 86,700 13.3% 001.60.00.00.0.000.453.006 False Alarm Fees 10,295 6,740 7,500 4,500 7,000 7,140 -6.7% 001.60.00.00.0.000.453.007 Parental Resp Fines ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 300 300 1,000 1,000 1.„000 1,020 0.0% Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 296,623 248,744 299,500 331,400 358,0010 365,160 19.5% Investment Income 001.456.001 Interest Income 377,934 94,503 175,000 8,960 10,0010 10,200 -94.3% 001.457.001 Interest Income - Escrow 13,777 3,530 5,000 213 2150 255 -95.0% 001.458.001 Bank Account Int 6,356 1,201 1,500 1,015 2„0050 2,040 33.3% 001.459.001 IMET Market Val Adjust 332 95 100 32 1.001 102 0.0% 001.467.006 PMA 3,118 - - (3,600) +++ 001.469.002 Gain/Loss on Investment ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 28,884 Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 430,401 99,329 181,600 6,620 12„350 12,597 -93.2% Reimbursements 001.473.005 MP Library Contrib 28,678 28,613 29,000 29,000 25„0010 25,500 -13.8% 001.473.006 Other Reimbursements 19,396 21,514 25,000 12,000 20,000 20,400 -20.0% 001.473.011 Sidewalk -Shared Cost 7,799 19,125 20,000 18,500 20,000 20,400 0.0% 001.473.012 Tree Replacement Reimb 7,136 - 5,000 - 5,0010 5,100 0.0% 001.473.019 Ins.Reimb -TTD 78,998 82,216 48,000 14,488 35,000 35,700 -27.1% 001.60.00.00.0.000.473.002 High School Youth Officer 112,021 102,553 214,000 103,000 1.015,0010 107,100 -50.9% 001.60.00.00.0.000.473.007 Police Training - 300 1,000 1,000 1.,0010 1,020 0.0% 001.70.00.00.0.000.473.001 Fire Training ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 7,375 1,870 3,000 3,533 5,000 5,100 66.7% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 261,403 256,191 345,000 181,521 2168,0010 220,320 -37.4% Other Revenue 001.476.005 Sister City Events 8,274 - 1,000 - 1.8000 1,020 0.0% 001.479.001 Animal Release 100 175 100 250 250 255 150.0% 001.479.002 Cash Over/Short 13 36 - - +++ 001.479.005 Miscellaneous Income 44,030 22,258 30,000 30,000 10,000 10,200 -66.7% 001.479.006 Police and Fire Reports 6,720 4,985 5,000 4,800 5,000 5,100 0.0% 001.479.008 Sale of Property 3,212 383 - - - - +++ 001.479.009 Subpoena Fees 245 105 100 100 1.00 102 0.0% 001.479.011 ROW Restoration Chrgs - - 1,000 - 2,00.10 2,040 100.0% 001.479.012 Event Sponsorship 4,975 2,000 2„000 2,040 0.0% 001.479.013 Flex Comp Revenue (190) - 2,000 -- - -100.0% 001.480.001 Cell Tower 127,958 137,616 110,000 125,000 1.25„000 127,500 13.6% 001.480.002 General Store 18,901 4,726 19,600 15,000 12,0010 12,240 -38.8% 001.495.001 Celestial Celebrations 36,203 36,110 36,000 - 25„000 25,500 -30.6% 001.495.005 Other Revenues 720 - - 2,276 2,000 2,040 +++ 001.50.00.00.0.000.476.003 Human Services 1,316 815 1,500 750 1.„000 1,020 -33.3% 001.50.00.DO.0.000.477.003 HS Donations 726 380 500 145 1.,000 1,020 100.0% 001.50.54.00.0.000.479.004 CCC-Mbr Agency 2,500 833 10,000 10,000 1.„000 1,020 -90.0% 001.60.DO.00.0.000.477.005 Police Donations 5,770 5,325 1,000 1,000 1.,000 1,020 0.0% 001.70.00.00.0.000.476.002 Fire Training Rev 16,086 8,884 10,000 1,500 1.8000 1,020 -90.0% 001.70.DO.00.0.000.477.002 Fire Donations 3,000 10,775 3,000 3,530 d&,000 4,080 33.3% 001.70.00.00.0.000.477.004 Paramedic Donations 100 - +++ 001.80.DO.DO.D.ODO.477.006 PW Donations ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,700 - - 500 Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 282,359 233,406 232,800 194,851 1.93,350 197,217 -16.9% 001 - General Fund Total 60,178,571 58,741,301 58,859,777 63,317,212 65,779,2008 62,747,170 11.8% 002 .. IOebt Ser0ce Fund Property Taxes 002.00.00.00.2.514.400.001 Prop Taxes - CY 797,000 794,530 - - +++ 002.DO.00.00.2.515.400.001 Prop Taxes - CY 54,000 54,095 914,096 914,096 912,436 - -0.2% 002.00.00.00.2.517.400.001 Prop Taxes - CY 704,000 883,450 1,065,650 1,065,650 1.,1.96,7001 1,302,950 12.3% 002.00.00.00.2.518.400.001 Prop Taxes - CY 267,000 265,800 265,800 265,800 265,800 780,800 0.0% Village of Mount Prospect ,� 2 Budget 2022 REVENUES REVENUES Line herr Detail Village of Mount Prospect 13 Budget 2022 2019 2020 2021 2021 26022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 002.00.00.00.2.519.400.001 Prop Taxes-CY ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 612,000 550,375 444,625 444,625 4"5"17"z0 1,568,750 2.1% Property Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2,434,000 2,548,250 2,690,171 2,690,171 2„828„686 3,652,500 5.1% Other Taxes 002.00.00.00.2.516.403.001 HRSalesTax-1st 370,956 925,000 925,000 925,000 922,0040 924,000 -0.3% 002.00.00.00.2.650.403.001 HRSalesTax-15t 58,253 - - -- 002.00.00.00.2.659.403.001 HRSalesTax-1st ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 595,369 +++ Other Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,024,578 925,000 925,000 925,000 922,000 924,000 -0.3% Intergovernmental Revenue 002.415.006 Video Gaming Tax 43,323 71,211 45,000 70,161 7!!»,000 76,500 66.7% 002.00.00.00.2.577.417.009 Series 2016 MPPL ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,573,600 1,575,400 1,575,900 1,575,900 1.,581.,000 - 0.3% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,616,923 1,646,611 1,620,900 1,646,061 1,656,000 76,500 2.2% Investment Income 002.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 84,168 11,582 15,000 869 1.,000 1,020 -93.3% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 84,168 11,582 15,000 869 1,000 1,020 -93.3% Other Financing Sources 002.00.00.00.2.519.487.001 Transfer In ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 790,000 1,105,000 600,000 -100.0% Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 790,000 1,105,000 600,000 -100.0% 002 - Debt Service Fund Total 5 949 669 6 236 443 5 851 071 5,.M&121 101 26. 888 4 654 020 7.6% 020 - Calplhall Ilirnliuirovei nseint IFund Other Taxes 020.403.004 HR Sales Tax -4th ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,370,000 1,389,000 1,325,000 1,325,000 1,x&00,000 1,428,000 5.7% Other Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,370,000 1,389,000 1,325,000 1,325,000 1,400,000 1,428,000 5.7% Intergovernmental Revenue 020.419.002 DCEO Grants - - 300,000 300,000- - -100.0% 020.420.999 Other Grants ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 200,000 100,000 750,000 -100.0% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 500,000 400,000 750,000 -100.0% Investment Income 020.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 32,018 12,071 15,000 921 1,000 1,020 -93.3% InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 32,018 12,071 15,000 921 1.,000 1,020 -93.3% Other Financing Sources 020.487.001 Transfer In ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 750,000 - 750,000 750,000 7,700,000 1,425,000 926.7% Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 750,000 - 750,000 750,000 7,700,000 1,425,000 926.7% 020 - Capital Improvement Fund Total 2,152,018 1,401,071 2,590,000 2,475,921 9,101,000 3,604,020 251.4% 023 .. Street Improvement Ca rMiruuc Fund Other Taxes 023.402.006 Municipal MFT 702,694 584,989 650,000 600,000 V100,000 612,000 -7.7% 023.403.002 HR Sales Tax -2nd ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,370,000 1,389,000 1,325,000 1,325,000 1,x&00,000 1,428,000 5.7% Other Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2,072,694 1,973,989 1,975,000 1,925,000 2,0.100.1,000 2,040,000 1.3% Licenses, Permits & Fees 023.410.008 Vehicle License ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,516,296 1,414,357 1,500,000 1,435,000 1,x&50,000 1,479,000 -3.3% Licenses, Permits & Fees Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,516,296 1,414,357 1,500,000 1,435,000 1,450,0000 1,479,000 -3.3% Intergovernmental Revenue 023.418.022 CMAQGrant - 737,000 737,000 5,564,000 - 655.0% 023.420.016 Cook County ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 230,250 115,000 115,000- 500,000 -100.0% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 230,250 852,000 852,000 5„584,000 500,000 553.1% Investment Income 023.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 29,227 8,108 10,000 564 600 612 -94.0% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 29,227 8,108 10,000 564 500 612 -94.0% Reimbursements 023.473.006 Other Reimbursements ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 6,297 - 5,000 2,000 1.1000 1,020 -80.0% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 6,297 5,000 2,000 1.0000 1,020 -80.0% Other Revenue 023.479.005 Miscellaneous Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 12,253 12,836 25,000 15,034 1.5,000 15,300 -40.0% Other Revenue Total 12,253 12,836 25,000 15,034 15,000 15,300 -40.0% Village of Mount Prospect 13 Budget 2022 REVENUES REVENUES Line herr Detail 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate Budgalt Forecast 21 to 22 023 -Street Im rovement Construe Fund Total 3,636,767 3,639,540 4,367,000 4,229,598 9,030,8110 4,035,932 106.8% 024.. Flood f ontiroll Construction II Other Taxes 024.403.001 HR Sales Tax -1st 345,422 464,000 441,000 441,000 478,000 504,000 8.4% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Taxes Total 345,422 464,000 441,000 441,000 478,000 504,000 8.4% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Intergovernmental Revenue 692,103 96,684 126 +++ 024.419.002 1 Grants - - 5,000,000 788,000 - - -100.0% 024.420.003 Other Grants 1,400,000 3,070,000 -100.0% 024.420.014 Flood Grant ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 3,204,591 1,348,000 - - 3,822„500 3,694,950 +++ Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 1,348,000 6,400,000 3,858,000 1.J1.38,500 - -100.0% Charges For Services 4,236,922 4,283,149 4,600,000 4,575,000 4,'781.,000 4,856,220 3.5% 024.449.006 Stormwater Det Fee 27,796 9,833 28,000 8,000 10,000 10,200 -64.3% 024.446.012 Storm Sewer- Base Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - - - - 1.,000,000 1,000,000 +++ Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 27,796 9,833 28,000 8,000 1.,01.0,000 1,010,200 3507.1% Investment Income 32,097 28,516 40,000 32,700 35,000 35,700 -12.5% 024.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 18,516 1,038 8,000 i.,00o 1,020 -87.5% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 18,516 1,038 8,000 142 1.,000 1,020 -87.5% Reimbursements 12,749 2,667 5,348 142 200 204 -96.3% 024.473.006 Other Reimbursements ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 24,907 20,000 45,000 25,000 25,000 25,500 -44.4% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 24,907 20,000 45,000 25,000 25,000 25,500 -44.4% Other Financing Sources 87,362 40,348 5,000 632 5,0SD0 5,100 0.0% 024.487.001 Transfer In ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 3,493,000 2,790,000 3,790,000- - -100.0% Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 8,614 3,493,000 2,790,000 3,790,000-100.0% .. 5,100 0.0% 024 - Flood Control Construction Fund Total ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 416 641 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,..................,,,,,,,,g...............g........................................,,,,,,,g,,,,,,,,,,,,,,,R,,,,,,,,,,,,,,,,,,,.......................,,,,a,,,,,,,,,,,,,,,H,,,,,,,,,,,,,,,,,,,........................,,,,g...............g,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 5 335 871 9 712 000 8 122 000 1. 51.4 000 1 540 720 84.4% 025 - IPolluce & Mire 13uuullduIng Coirist. 825 1,050 2,500 2,000 2,000 2,040 -20.0% Investment Income 21,895 23,472 25,000 23,500 24,000 24,480 -4.0% 025.456.001 Interest Income 583,128 61,541 - 126 1.41.0000 143,820 +++ 025.467.006 PMA ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 108,975 1,022 - -- 4,9412,200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,041,044 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.2% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment Income Total 692,103 62,563 126 ,� 4 +++ Reimbursements 025.473.022 Reimbursement -Police Bldg Const ............................................................................................................................................................................................................ Reimbursements Total 121 ......................................................................................................................................................................................................................................................................................................................... 121 025 - Police & Fire BuildinConst. Total 692,103 96,684 126 +++ 040 Refuse DislCuosM Fund Charges For Services 040.80.85.00.0.000.445.001 Sgle Fam Ref Disp 3,204,591 3,216,052 3,500,000 3,490,000 3,822„500 3,694,950 3.5% 040.80.85.00.0.000.445.002 1Ref Disp ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,032,331 1,067,097 1,100,000 1,085,000 1.J1.38,500 1,161,270 3.5% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,236,922 4,283,149 4,600,000 4,575,000 4,'781.,000 4,856,220 3.5% Fines & Forfeits 040.80.85.00.0.000.453.010 MF Ref Disp Penalties 1,797 5,432 3,500 4,200 5,000 5,100 42.9% 040.80.85.00.0.000.453.014 SF Ref Disp Penalties ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 30,300 23,084 36,500 28,500 30,000 30,600 -17.8% Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 32,097 28,516 40,000 32,700 35,000 35,700 -12.5% Investment Income 040.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 12,749 2,667 5,348 142 200 204 -96.3% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 12,749 2,667 5,348 142 200 204 -96.3% Reimbursements 040.473.D06 Other Reimbursements ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 87,362 40,348 5,000 632 !!i,000 5,100 0.0% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 87,362 40,348 5,000 632 5,0SD0 5,100 0.0% Other Revenue 040.479.005 Miscellaneous Income 8,614 5,661 5,000 6,580 5,000 5,100 0.0% 040.80.85.00.0.000.479.003 Cmrcl Cont Admin Fee 100,000 128,439 107,500 110,000 1.10,000 112,200 2.3% 040.80.85.00.0.000.481.001 Recycling Bins 825 1,050 2,500 2,000 2,000 2,040 -20.0% 040.80.85.00.0.000.485.001 S/F YW Cart Rent ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 21,895 23,472 25,000 23,500 24,000 24,480 -4.0% Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 131,334 158,622 140,000 142,080 1.41.0000 143,820 0.7% 040 - Refuse Dis osal Fund Total ........... ............ ................... P. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,500,464 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,513,302 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,790,348 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,750,554 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,9412,200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,041,044 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.2% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Village of Mount Prospect ,� 4 Budget 2022 REVENUES REVENUES Line herr Detail 2019 2020 2021 2021 20022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 041 .. IlMotoir IFuell "i'ax IFund Intergovernmental Revenue 041.415.003 State Motor Fuel Tax 1,776,997 1,971,208 1,895,845 1,890,000 1.,900,000 1,938,000 0.2% 041.419.017 Rebuild Illinois Grant ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - 1,189,939 1,189,940 1,189,939 1.,189,940 - 0.0% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,776,997 3,161,147 3,085,785 3,079,939 3,089,940 1,938,000 0.1% Investment Income 041.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 30,212 11,114 5,000 1,096 1.,500 1,530 -70.0% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 30,212 11,114 5,000 1,096 1.,500 1,530 -70.0% Reimbursements 041.473.004 MFT Projects Reimb 5,538 9,587 5,000 6,439 5,000 5,100 0.0% 041.473.006 Other Reimbursements ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,146 13,091 5,000 7,000 5,000 5,100 0.0% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 9,684 22,678 10,000 13,439 10„0500 10,200 0.0% 041- Motor Fuel Tax Fund Total 1,816,893 3,194,939 3,100,785 3,094,474 3,1.01.,440 1,949,730 0.0% 042 - CI DIBGiz Intergovernmental Revenue 042.418.002 Comm Dev Block Grant ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 214,034 191,878 388,868 435,750 427,770 426,170 10.0% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 214,034 191,878 388,868 435,750 427,770 426,170 10.0% Other Revenue 042.476.001 CDBG Program Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 89,837 185,735 79,632 79,500 80,000 81,600 0.5% Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 89,837 185,735 79,632 79,500 80„000 81,600 0.5% 042-CDBG Total 303,871 377,613 468,500 515,250 507,770 507,770 8.4% 043 Asset Seizure Fund Fines & Forfeits 043.60.61.00.0.000.453.013 Seized Assets ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 15,632 6,032 5,000 260 6,000 6,120 20.0% Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 15,632 6,032 5,000 260 6,000 6,120 20.0% Investment Income 043.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,771 460 1,000 34 1.00 102 -90.0% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,771 460 1,000 34 1.00 102 -90.0% 043 - Asset Seizure Fund Total 17,403 6,492 6,000 294 6,100 6,222 1.7% 044 .. IFedeiral IEgr ltalale Shaire (Funds Fines & Forfeits 044.60.61.00.0.000.453.004 DEA Seized Assets - - 2,000 5,878 6,000 6,120 200.0% 044.60.61.00.0.450.453.017 Justice Funds Seized Assets ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 30,112 1,401 2,000 - 2,000 2,040 0.0% Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 30,112 1,401 4,000 5,878 8,000 8,160 100.0% Investment Income 044.458.001 Bank Account Int - - - 5 20 20 +++ 044.60.61.00.0.450.458.001 Bank Account Int 73 35 100 - 1.00 102 0.0% 044.60.61.00.0.451.458.001 Bank Account Int ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 53 7 - - 1.00 102 +++ InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 126 42 100 5 '720 224 120.0% 044 - Federal E(yuitable Share Funds Total mnnnnmmmnn.....2 mmnnnnnnnnnnM1nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnmmmnRmnnnnnnnnnnnnnnnnnnnnnnnnnnn...&.!mnmmnnnnnnnnnnnnnnnnnnn.....Innnnnnnnnnnnnnnnnnnnnnnnnnnn.... 30 238 1 443 4 100 5 883 R EA...nnnnnnnnnnnnnnnnnnn...1.2mmmnnnnnnnnnnnnnnnnnnn...... 8 22QD 8 384 i2M..nnn...... 100.5% nnnnnnnnnnni. 0145 .. ICDUUI (Fine Fund Fines & Forfeits 045.60.61.00.0.000.453.005 DUI Fines ........................................................................................................................................................ Fines & Forfeits Total Investment Income 045.456.001 Interest Income .................................................................................................................... Investment Income Total 317 49 200 .................................................................................................................................................... 317 49 200 -20.0% ............................ -20.0% 20 20 -90.0% ........................................................................................................................ 20 20 -90.0% 045 - DUI Fine Fund Total 20,358 7,602 10,200 8,006 8,020 8,180 -21.4% 046.. IFoneiign Fire "l'ax Board Fund Other Taxes 046.402.004 Foreign Fire Ins Tax 76,446 89,275 75,000 98,000 90,000 91,800 20.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Taxes Total 76,446 89,275 75,000 98,000 90,000 91,800 20.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Investment Income Village of Mount Prospect Budget 2022 15 REVENUES REVENUES Line herr Detail OSO .. Watelr aund Sewelr IFuuuud Property Taxes 050.400.008 PropTaxes -SSAPY (19,419) (24,959) - (21,000) ...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ProDerty Taxes Total 119.4191 (24.9591 - 121.000) Licenses, Permits & Fees 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 046.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,799 1,432 2,500 93 1.!'z0 155 -94.0% InvestmentlncomeTotal ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,799 1,432 2,500 93 1.!v0 155 94.0% 046 - Forei n Fire Tax Board Fund Total �& . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81,245 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,707 77,500 98,093 90,1.50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91,955 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.3% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 048 .. IBuusiiuness V'.3iistlO t IFunlnld !i'!!i0o'o0o +++ Other Taxes 6,035,000 +++ 048.00.00.00.0.775.402.003 Food & Bev Tax 378,678 296,913 385,000 325,000 325,0500 331,500 -15.6% 048.00.00.00.0.77S.402.005 Hotel/Motel Tax 233,087 73,648 200,000 110,000 1.75,000 178,500 -12.5% 048.00.00.00.0.775.402.008 MovieThtreTax 99,385 15,028 75,000 18,000 60,000 61,200 -20.0% 048.00.00.00.0.775.405.001 Business Dist Tax 287,207 250,056 275,000 250,000 275,000 280,500 0.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 998,357 635,645 935,000 703,000 835,000 851,700 -10.7% Intergovernmental Revenue 404 531 500 370 500 510 0.0% 048.00.00.00.0.775.415.004 State Sales Tax ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 449,141 396,424 450,000 415,000 450,000 459,000 0.0% Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 449,141 396,424 450,000 415,000 450,0000 459,000 0.0% Investment Income (39) 36 - (55) +++ 048.4S6.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 11,049 4,221 5,000 211 500 S2S -90.0% InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 11,049 4,221 5,000 211 500 525 -90.0% 048 - Business District Fund Total 1,458,547 1,036,290 1,390,000 1,118,211 1,285,500 1,311,225 -7.5% 049.. IPlroslper..t and 1Maulnl 1'IIIF IDist.iNct Property Taxes 049.400.011 Prop Tax Increment CY 427,031 947,457 1,348,000 1,256,000 1,650,000 1,683,000 22.4% 049.400.012 Prop Tax Increment PY ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (1,490) (3,433) - 11,726 Property Taxes Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 425,541 944,024 1,348,000 1,267,726 1.,6P>0,000 1,683,000 22.4% Investment Income 049.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 27,744 20,108 5,000 129- - -100.0% InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 27,744 20,108 5,000 129- - -100.0% Other Revenue 049.479.005 Miscellaneous Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 32,229 21,700 5,000 5,100 +++ Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 32,229 21,700 5,000 5,100 +++ Other Financing Sources 049.487.001 Transfer In 2,169,981 590,000 - 4,819 049.488.001 Bond Proceeds 7,725,000 - - - +++ 049.492.001 Sale of Property 646,600 - 2,800,000 297,971 2,800,000 - 0.0% 049.00.00.00.2.568.488.002 Bond Premium ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 394,075 - - +++ Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 10,935,656 590,000 2,800,000 302,790 2,800,000 - 0.0% 049 - Prospect and Main TIF District Total 11,421,170 1,575,832 4,153,000 1,570,645 4,455,000 1,688,100 7.3% OSO .. Watelr aund Sewelr IFuuuud Property Taxes 050.400.008 PropTaxes -SSAPY (19,419) (24,959) - (21,000) ...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ProDerty Taxes Total 119.4191 (24.9591 - 121.000) Licenses, Permits & Fees 050.409.004 Cross Conn Permit Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 20,600 1,110 5,000 5,000 5,000 5,100 0.0% Licenses, Permits & Fees Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 20,600 1,110 5,000 5,000 9,000 5,100 0.0% Intergovernmental Revenue 050.419.014 State Grant Proceeds 539,000 +++ 050.420.003 Other Grants ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... !i'!!i0o'o0o +++ Intergovernmental Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 6,035,000 +++ Charges For Services 050.80.84.87.0.000.446.001 Water Sales 11,313,577 12,568,612 13,084,200 13,050,000 14,1.31,000 14,413,620 8.0% 050.80.84.87.0.000.446.004 Water Meter Fees 25,635 20,080 27,000 38,190 27,0500 275,440 0.0% 050.80.84.87.0.000.446.005 Water Tap Fees 780 650 1,000 5,625 1.,000 1,020 0.0% 050.80.84.87.0.000.446.008 Endpoint/Register Charges 60 - - - +++ 050.80.84.87.0.000.446.009 Meter Reading 404 531 500 370 500 510 0.0% 050.80.84.87.0.000.446.010 Water Base Fee 598,145 750,454 598,145 793,100 790,000 808,000 32.1% 050.80.84.88.0.000.446.002 Sewer Fees 2,254,913 2,584,756 2,565,000 2,565,000 2,770,200 2,825,604 8.0% 050.80.84.88.0.000.446.003 Sewer Const Fee (39) 36 - (55) +++ 050.80.84.88.0.000.446.011 Sewer Base Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 684,167 685,506 739,800 720,500 799,200 815,184 8.0% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 14,877,642 16,610,625 17,015,645 17,172,730 1.8,51.8,900 19,139,378 8.8% Village of Mount Prospect 16 Budget 2022 fkEVEUNU1[.UES REVENUES Line herr Detail 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 Fines & Forfeits 113,251 24,613 113,000 500 (.x0,000 61,200 -46.9% 050.80.84.87.0.000.453.015 Water Penalties 74,999 98,377 80,000 90,000 1.00„000 102,000 25.0% 050.80.84.88.0.000.453.016 Sewer Penalties ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 19,557 23,886 20,000 20,000 25,000 25,500 25.0% Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 94,556 122,263 100,000 110,000 1.25,000 127,500 25.0% Investment Income 6,600 1,683 6,600 2,500 6,000 6,120 -9.1% 050.456.001 Interest Income 295,311 157,709 100,000 14,615 20,000 20,400 -80.0% 050.458.001 Bank Account Int 1,057 1,059 1,000 1,048 1,07"» 2,000 7.5% 050.459.001 IMET Market Val Adjust 111 32 100 11 50 50 -50.0% 050.469.002 Gain/Loss on Investment 106 - - -- 1.50 153 -96.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 296,585 158,800 101,100 15,674 21.,1.25 22,450 -79.1% Reimbursements 050.80.84.00.0.000.473.013 Water Fund Reim ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 8,100 1,235 5,000 139 -100.0% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 8,100 520 5,000 100 3,060 3,121 -100.0% Other Revenue 2,965 1,755 2,372 239 3,060 3,121 29.0% 0S0.479.00S Miscellaneous Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 58,109 31,863 35,000 35,000 27,500 28,OSO -21.4% Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 58,109 31,863 35,000 35,000 27,.500 28,050 -21.4% Other Financing Sources 1,370,265 050.488.001 Bond Proceeds - - 10,000,000 - 1.0„000„0480 - 0.0% 050.494.001 Gain/Loss Disp of Assets ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (3,014) - +++ Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (3,014) - 10,000,000 - U0„000„000 - 0.0% 050 - Water and Sewer Fund Total 15,333,159 16,899,702 27,261,745 17,317,404 34,782,525 19,322,478 27.4% 051. - Village IPair9ding Systeinn IFund Charges For Services 051.448.001 Maple Street 113,251 24,613 113,000 500 (.x0,000 61,200 -46.9% 051.448.003 Prospect Avenue 24,264 4,480 25,000 1,000 15,000 15,300 -40.0% 051.448.004 Wille Lot 8,580 7,052 9,000 200 5,000 5,100 -44.4% 051.448.005 Emerson St Parking Deck 13,019 8,506 15,000 3,600 6,500 6,630 -56.7% 051.480.003 Train Depot 6,600 1,683 6,600 2,500 6,000 6,120 -9.1% 051.424.003 Charging Stations - - - 58 500 510 +++ ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 165,714 46,334 168,600 7,858 93,000 94,860 -44.8% Investment Income 051.456.001 Interest Income 4,691 1,260 3,753 72 1.50 153 -96.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,691 1,260 3,753 72 1!'50 153 -96.0% Other Revenue 051.479.005 Miscellaneous Income - 1,235 - 139 +++ 051.479.015 Convenience Fee 2,965 520 2,372 100 3,060 3,121 29.0% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2,965 1,755 2,372 239 3,060 3,121 29.0% Other Financing Sources 051.493.001 Gain/Loss Sale of Assets ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,370,265 +++ Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,370,265 051- Villa a Parkin 5 stem Fund Total ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,X,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 1,543,635 49,349 174,725 8,169 96,'21.4U 98,134 44.9% 0152 .. Parking Systeinin Revenue IFund Charges For Services 052.447.001 Meter Lot East 81,487 31,675 82,500 21,056 Pio,000 56,000 -39.4% 052.447.002 Meter Lot West ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 76,416 24,987 75,000 10,426 50,000 56,000 -33.3% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 157,903 56,662 157,500 31,482 1.00,000 112,000 -36.5% Investment Income 052.456.001 Interest Income 1,982 582 1,585 43 1.00 102 -93.7% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,982 582 1,585 43 1.00 102 -93.7% Other Revenue 052.479.015 Convenience Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,395 500 1,116 400 1.0500 1,530 34.4% Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,395 500 1,116 400 1.,500 1,530 34.4% Other Financing Sources 052.487.001 Transfer In ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 75,000 +++ Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 75,000 +++ Village of Mount Prospect ,� 7 Budget 2022 REVENUES REVENUES Line herr Detail 2019 2020 2021 2021 20922 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 052 -Parkin S stem Revenue Fund Total 161,280 57,744 160,201 31,925 71.76,61T0 113,632 10.2% ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 060 - Velliklle IVlaiiirneiruance (Fund Charges For Services 060.20.21.00.0.000.426.001 Vehicle Maint 3,070 3,781 3,537 3,537 3,049 3,598 -13.8% 060.20.26.00.0.000.427.001 Vehicle Maint 3,274 4,033 3,773 3,773 3,252 3,838 -13.8% 060.40.41.00.0.000.428.001 Vehicle Maint 3,070 3,781 3,537 3,537 3,049 3,598 -13.8% 060.40.42.00.0.000.429.001 Vehicle Maint 4,297 5,293 4,951 4,951 4,268 5,037 -13.8% 060.40.43.41.0.000.430.001 Vehicle Maint 21,487 26,465 24,757 24,757 21.,840 25,185 -13.8% 060.40.43.42.0.000.431.001 Vehicle Maint 3,070 3,781 3,537 3,537 3,049 3,598 -13.8% 060.50.00.00.0.000.432.001 Vehicle Maint 3,070 3,781 3,537 3,537 3,049 3,598 -13.8% 060.60.00.00.0.000.433.001 Vehicle Maint 521,206 641,968 600,543 600,543 517,650 610,919 -13.8% 060.70.00.00.0.000.434.001 Vehicle Maint 323,529 398,489 372,775 372,775 321.,621. 379,216 -13.8% 060.80.00.00.0.000.435.001 Vehicle Maint 636,826 784,375 733,760 733,760 6312..,479 746,438 -13.8% 060.80.83.00.0.000.436.001 Vehicle Maint 33,356 41,084 38,433 38,433 33,71.28 39,097 -13.8% 060.80.84.00.0.000.437.001 Vehicle Maint ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 490,103 603,657 564,704 564,704 486,757 574,461 -13.8% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2,046,358 2,520,488 2,357,844 2,357,844 2,032,39:1. 2,398,583 -13.8% Investment Income 060.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,996 1,095 1,315 154 300 307 -77.2% Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,996 1,095 1,315 154 :300 307 -77.2% Other Revenue 060.479.005 Miscellaneous Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 152,604 240 85,000 75,000 76,500 78,030 +++ Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 36,476 240 - (41,055) 1.,010901 1,020 +++ Other Financing Sources 189,080 47,977 85,000 33,945 77,500 79,050 -8.8% 060.493.001 Gain/Loss Sale of Assets ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 498 222 - 3,761 Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 498 222 3,761 .. 5,100 +++ 060 - Vehicle Maintenance Fund Total ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,R,,,,,,,,,,,,,,,e,,,,,,,,,,,,,,,,,,,,.......................,,,n,,,,,,,,,,,,,,R,,,,,,,,,,,,,,,,,,,,,..................,,,,,,,,s,,,,,,,,,,,,,,,a,,,,,,,,,,,,,,,,,,,........................,,,,a,,,,,,,,,,,,,,,R,,,,,,,,,,,,,,,,,,,,,..................,,.Z.a,,,,,,,,,,,,,,,H,,,,,,,,,,,,,,,,,,,........................,,,,e...............e,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,... 2 051 852 2 522 045 2 359 159 2 361 759 2 032 0x9. 2 398 890 13.8% ,,,,,,,,,,,,,,,,,,,,,,, 061, - Velhuiide Relipllaceirneirt IFund Charges For Services 061.426.002 Vehicle Repl 3,830 3,620 4,230 4,230 3,000 3,000 -29.1% 061.40.41.00.0.000.428.002 Vehicle Repl 1,500 1,500 1,500 1,500 1.,5000 1,500 0.0% 061.40.42.00.0.000.429.002 Vehicle Repl 4,770 3,780 4,300 4,300 3,670 3,670 -14.7% 061.40.43.41.0.000.430.002 Vehicle Repl 9,520 9,400 8,180 8,180 7,670 7,670 -6.2% 061.40.43.42.0.000.431.002 Vehicle Repl 1,500 1,500 1,500 1,500 1,500 1,500 0.0% 061.50.00.00.0.000.432.002 Vehicle Repl 1,700 - - -- 061.60.00.00.0.000.433.002 Vehicle Repl 343,880 241,580 358,880 358,880 76,680 76,680 -78.6% 061.70.00.00.0.000.434.002 Vehicle Repl 620,660 658,300 646,340 646,340 693,71.40 693,140 7.2% 061.80.00.00.0.000.435.002 Vehicle Repl 533,490 451,960 544,060 544,060 3000,290 300,290 -44.8% 061.80.83.00.0.000.436.002 Vehicle Repl 23,320 13,270 13,430 13,430 13,330 13,330 -0.7% 061.80.84.00.0.000.437.002 Vehicle Repl 587,930 394,650 452,440 452,440 254,1.70 254,170 -43.8% 061.20.24.00.0.000.426.004 Vehicle Replacement - IT ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... - - - - 1.,500 1,500 +++ Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2,132,100 1,779,560 2,034,860 2,034,860 1.,356,450 1,356,450 -33.3% Fines & Forfeits 061.60.00.00.0.000.453.002 Circuit Court Supv Fee ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 12,971 700 - 240 1.,01001 1,020 +++ Fines & Forfeits Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 12,971 700 240 1.,0000 1,020 +++ Investment Income 061.456.001 Interest Income 152,604 51,851 85,000 75,000 76,500 78,030 -10.0% 061.467.006 PMA ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 36,476 (3,874) - (41,055) 1.,010901 1,020 +++ InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 189,080 47,977 85,000 33,945 77,500 79,050 -8.8% Reimbursements 061.473.015 Contribution Revenue ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 198,281 21,523 - 5,000 5,100 +++ Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 198,281 21,523 - - 5,000 5,100 +++ Other Financing Sources 061.493.001 Gain/Loss Sale of Assets (120,310) (12,721) - 10,200 !!5,0000 5,100 +++ ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Financing Sources Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (120,310) (12,721) - 10,200 5,000 5,100 +++ 061 - Vehicle Relacement Fund Total ................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,412,122 . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................ 1,537,039 ........................... 2,119,860 ............................ 2,079,245 ........................... 1.,444,89"50 ............................ 1,446,720 ................. 062 .. Computer Repllaceuxni at. Pound Charges For Services 062.20.24.00.0.000.438.001 Computers -IT Div 062.80.84.00.0.000.438.005 Computers -Water 062.80.85.00.0.000.438.002 Computers -Refuse 154,002 41,693 169,480 3,558 933 8,920 1,271 373 Village of Mount Prospect Budget 2022 169,480 1.97, 500 197,500 16.5% 8,920 1.2,6090 12,600 41.3% 18 REVENUES REVENUES Line herr Detail 063 - Risk IMainiag eirnei nt Fund Charges For Services 063.440.010 Departmental Charges 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 062.80.86.00.0.000.438.004 Computers-Veh Maint ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4,066 995 102,878 123,248 124,094 9.30,035 Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 162,897 43,994 178,400 178,400 2'10„9.00 210,100 17.8% Investment Income 063.30.00.00.4.000.439.001 Gen Fund -Liability 983,083 1,126,900 914,802 914,802 9.,9.31,434 1,154,059 062.456.001 Interest Income 10,084 2,088 1,000 53 75 77 -92.5% ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Investment Income Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 10,084 2,088 1,000 53 7.5 77 -92.5% 062 -Com uter Re lacement Fund Total �����������������������������������������������������������������������������������������������������������������������������������������������������������........................................................................................................................................���������������������������������������������������������������������������������������������������..................................���������������.����������������..................................�����������������������������������������������������������������������.����������.�����..���� 172,981 46,082 179,400 178,453 2A0,9.Tka .......................................��������������������������������................... 210,177 17.2% �������������������������� 063 - Risk IMainiag eirnei nt Fund Charges For Services 063.440.010 Departmental Charges 4,172,95S 4,436,963 4,537,172 4,400,536 4,583,721 4,675,395 1.0% 063.440.011 Medical - PW Charges 771,500 820,300 833,000 994,636 9.,037,828 1,058,586 24.6% 063.440.012 Depart Charges Dental 100,134 102,878 123,248 124,094 9.30,035 132,637 5.5% 063.441.010 Dept Charges -Life 22,470 22,433 35,000 38,172 40,989 41,809 17.1% 063.30.00.00.4.000.439.001 Gen Fund -Liability 983,083 1,126,900 914,802 914,802 9.,9.31,434 1,154,059 23.7% 063.80.81.81.4.000.439.002 Parking Fund-Liab 541 622 535 535 5,475 5,584 923.4% 063.80.81.81.4.000.439.005 Parking Fund-Liab 527 605 526 526 3,926 3,998 646.4% 063.80.84.00.4.000.439.006 Water Fund-Liab 220,095 252,261 251,102 251,102 2045,339. 212,497 -17.0% 063.80.85.00.4.000.439.003 Refuse Fund-Liab 12,S54 14,750 16,932 16,932 18,884 19,261 11.5% 063.80.86.00.4.000.439.004 Veh Maint-Liab 21,674 24,870 18,302 18,302 33,793 34,468 84.6% 063.90.00.00.4.000.440.003 MPPL- Medical ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 974,464 994,554 1,025,000 1,055,300 1,075,000 1,096,500 4.9% Charges For Services Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 7,280,300 7,797,136 7,755,619 7,814,937 8,269,49.7 8,434,794 6.6% Investment Income 063.456.001 Interest Income ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (2,814) 683 3,000 164 9.80 184 -94.0% InvestmentIncome Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... (2,814) 683 3,000 164 9.80 184 -94.0% Reimbursements 063.473.016 Insurance Reimb 37,827 37,168 5,000 51,920 9.20,000 20,400 2300.0% 063.473.020 IRMA Reimbursements ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 52,974 61,099 25,000 15,568 15,000 15,300 -40.0% Reimbursements Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 90,801 98,267 30,000 67,488 9.35,000 35,700 350.0% Other Revenue 063.478.001 Employee Health Contrib 628,160 648,599 654,000 682,600 687,000 700,740 5.0% 063.478.003 Flex Addl Life Contrib 25,842 24,620 25,000 25,200 25„500 26,000 2.0% 063.478.008 Retiree Medical Contrib 858,090 889,306 900,000 829,300 900,000 918,000 0.0% 063.478.012 Employee Dental Contrib 141,203 151,190 140,000 129,600 9.32,000 134,640 -5.7% 063.478.013 Retiree Dental Contrib 32,515 33,635 35,000 31,000 35,000 35,700 0.0% 063.479.005 Miscellaneous Income - (3,553) - 58 +++ 063.478.014 Vision Contribution 15,300 15,500 15,810 +++ 063.478.015 Retiree Vision Contribution 400 450 459 +++ 063.479.016 Change in IPBC Terminal Reserve 287,901 - +++ 063.479.017 Change in IRMA Excess Surplus ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 197,390 +++ Other Revenue Total ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 1,685,810 2,229,058 1,754,000 1,713,458 91,795,450 1,831,349 2.4% 063 - Risk Mana ement Fund Total 1054,097 10,125,174 9,542,619 9,596,047 90,200,047 10,302,027 6.9% Grand Total 123 405 084 117 792 265 137 177 990 126 141 370 9.!!a & 9.3aU 092 121086 530 12.4% rt rt fi fi m m rt rt r rc rt rt Village of Mount Prospect 19 Budget 2022 EXPENDI"11FURES BY FUND Village of Mount Prospect 20 Budget 2022 2019 2020 2021 2021 2022 2023 % Change Actual Actual Budget Estimate Budget Forecast 21 to 22 GENERAL FUND 56,558,003 59,245,077 61,766,863 62,428,003 69„221.„839 62,426,838 '1.2.1% DE11111" SERVICE IFLIN11:1 6,644,816 6,564,937 6,694,799 6,694,302 6„448,292 4,578,106 3,7% CAIPIITAII.. PROJECTS 1'LJINDS Capital Improvement Fund 1,240,320 1,256,337 4,298,425 4,148,241 9,21.3,560 3,304,331 114.3% Street Improvement Construc Fund 3,010,478 3,661,659 4,464,958 4,464,958 8,826,000 3,792,000 97.7% Flood Control Construction Fund 1,870,342 5,598,561 10,016,362 7,898,651 1.,2158,691. 761,364 -82.4% Police & Fire Building Const. .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 18,270,313 14,194,521 645,000 44,260 - -100.0% CAPITAL PROJECTS FUNDS TOTAL .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 24,391,453 24,711,078 19,424,745 16,556,110 1.9,298,251. 7,857,695 1.9% SIPIECIIAII..IRIEVE:IIY U1:':1IE,11ND5 Refuse Disposal Fund 4,654,080 4,660,343 4,790,348 4,826,423 4,9150980 5,018,113 2.6% Motor Fuel Tax Fund 1,782,416 1,870,994 3,100,376 3,100,376 4,056,322 2,531,567 30.8% CDBG 303,873 377,615 468,500 515,250 507,720 507,770 8.4% Asset Seizure Fund 23,557 20,951 7,000 13,000 2,000 7,000 0.0% Federal Equitable Share Funds - - 1,000 - 1.,000 1,000 0.0% DUI Fine Fund 14,295 1,075 48,000 2,000 2,000 1,000 -95.8% Foreign Fire Tax Board Fund 40,923 115,503 66,950 57,700 63,300 63,300 -5.5% Business District Fund 1,458,547 1,036,290 1,390,000 1,118,211 1,285 ,500 1,311,225 -7.5% Prospect and Main TIF District .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 3,588,056 10,081,886 2,082,328 1,191,788 2,081,488 2,326,038 -2.4% SPECIAL REVENUE FUNDS TOTAL .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 11,865,747 18,164,657 11,954,502 10,824,748 1.2,820,360 11,767,013 7.7% IEIM II IE IE1 IE"IE1 II S II::: II- U IN 11..15 Water and Sewer Fund 16,918,072 18,008,200 23,035,865 20,905,219 31.,063,252. 22,583,784 34.8% Village Parking System Fund 1,756,412 140,834 146,737 150,137 1.4a'Y,038 175,909 1.6% Parking System Revenue Fund .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 125,303 84,577 171,913 127,721 1.59,806 165,671 -7.0% ENTERPRISE FUNDS TOTAL .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 18,799,787 18,233,611 23,354,515 21,183,077 31.,322.,096 22,925,364 34.3% UNT11:::':R1YAII.. SIf:::IRVIICI:: FUNDS Vehicle Maintenance Fund 2,105,693 2,162,443 2,305,315 2,227,337 2.,392,295 2,398,890 3.8% Vehicle Replacement Fund 828,009 1,056,331 2,074,012 1,984,119 3„223,000 1,408,000 55.4% Computer Replacement Fund 212,807 220,593 338,400 338,400 1.94,000 394,000 -42.7% Risk Management Fund .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 9,433,365 9,698,895 9,614,300 9,509,424 9„888,800 9,777,886 0.8% INTERNAL SERVICE FUNDS TOTAL .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. 12,579,874 13,138,262 14,332,027 14,059,280 1.5,496,095 13,978,776 8.1% EXPENDITURES TOTAL BY FUND 130,839,680 140,057,622 137,527,451 131,745,520 1.55,1.96,933 123,533,792 12.8% Village of Mount Prospect 20 Budget 2022 EXPENDITURES Revenues 2019 Actual 2020 Actual 2021 Budget 2021 Estimate 2022 lBudget Expenditures d;iYw Item Detuil 2023 % Chg Forecast 21 to 22 001.. Geirneiralll Fund 10 - Public Representation 486,728 287,666 574,153 562,546 61.3,657 569,730 6.9% Personal Services, Salaries & Wages 26,843 25,614 25,006 25,006 25,606 25,006 0.0% Employee Benefits 2,160 1,959 1,917 1,917 1.,91.7 1,917 0.0% Other Employee Costs 6,088 1,409 7,000 5,000 6,006 6,000 -14.3% Contractual Services 405,527 229,551 451,029 441,422 500,502 454,999 11.01/ Utilities 237 - - -- Commodities & Supplies 42,530 25,897 83,081 83,081 74,11.11 75,688 -10.8% Other Expenditures 3,343 3,236 6,120 6,120 41,1.20 6,120 0.0% 20 - Village Administration 3,662,548 3,498,837 4,314,563 4,104,059 4,51.6,61.6 4,504,289 4.7% Personal Services, Salaries & Wages 1,450,353 1,529,880 1,617,469 1,539,728 1,644,349 1,677,068 1.7% Employee Benefits 715,851 792,893 799,334 781,183 756,266 768,686 -S.4% Other Employee Costs 65,711 56,247 104,861 68,890 1.61.,1.85 101,425 -3.S% Contractual Services 1,366,972 1,016,326 1,539,668 1,467,315 1,631,066 1,667,676 S.9% Utilities 11,459 47,437 40,820 39,000 39,150 39,250 -4.1% Insurance 20,050 22,961 19,800 19,800 24,693 25,391 25.7% Commodities & Supplies 11,668 6,280 17,679 13,811 15,476 15,551 -12.5% Other Expenditures - - 143,697 143,697 216,1.97 143,697 SO.S% Office Equipment 14,597 16,547 16,235 16,235 15,246 15,245 -6.1% Other Equipment 5,887 10,266 15,000 14,400 7.3,000 50,300 386.7% 30 - Finance 2,781,152 1,548,022 1,634,351 1,635,680 1.,736,056 1,773,262 6.2% Personal Services, Salaries & Wages 831,265 813,260 833,948 818,604 874,649 891,476 4.8% Employee Benefits 313,585 324,805 272,020 276,906 266„478 292,207 5.3% Other Employee Costs 25,915 7,245 36,245 23,045 36„406 37,094 0.4% Contractual Services 246,492 255,055 317,960 349,125 36.3,895 373,845 14.4% Utilities 3,961 1,699 2,500 2,500 2,500 2,500 0.0% Insurance 35,701 37,585 47,503 50,675 56,559 57,690 19.1% Commodities & Supplies 28,746 19,630 44,175 34,825 x6„1.7!5 36,950 -18.1% Other Expenditures 1,295,487 88,743 80,000 80,000 80,606 81,500 0.0% 40 - Community Development 2,571,160 3,208,534 2,787,075 2,760,334 .11,1165,697 3,130,539 10.0% Personal Services, Salaries & Wages 1,629,703 1,635,376 1,684,541 1,628,635 1.,7411,1.41. 1,777,839 3.5% Employee Benefits 617,205 696,403 667,498 696,341 735,457 750,163 10.2% Other Employee Costs 19,718 11,876 30,779 30,779 27,1.01. 32,565 -11.9% Contractual Services 250,787 811,173 326,740 328,614 476,82.0 485,716 45.9% Utilities 13,297 11,398 23,446 24,894 20,345 20,760 -13.2% Insurance 24,397 27,939 20,671 20,671 32.,61.3 32,653 54.9% Commodities & Supplies 16,053 14,369 33,400 30,400 30,226 30,843 -9.5% 50 - Human Services 1,089,951 1,157,029 1,223,840 1,207,074 1.,859,888 1,888,970 52.0% Personal Services, Salaries & Wages 700,979 738,111 767,600 767,600 91.11,32.6 931,494 19.0% Employee Benefits 241,193 279,512 279,678 282,166 1144,91.9 351,821 23.3% Other Employee Costs 5,214 3,189 9,416 4,430 1.0,21.4 9,755 8.5% Contractual Services 113,643 112,260 132,719 126,286 565,942 559,702 318.9% Utilities 9,344 6,481 8,746 7,390 9,891. 10,089 13.1% Insurance 11,280 12,918 8,670 8,670 11,556 11,786 33.3% Commodities & Supplies 7,858 4,460 15,407 9,632 1.2,7$3 13,040 -17.0% Office Equipment 440 - 1,094 500 558 569 -49.0% Other Equipment - 98 510 400 700 714 37.3% 60 - Police 18,975,187 19,137,932 20,379,573 20,163,039 26,1.31,162 20,515,291 -1.2% Personal Services, Salaries & Wages 10,732,181 10,881,138 11,386,727 11,197,977 1.1.,657,458 11,890,328 2.4% Employee Benefits 6,099,592 6,099,922 6,456,709 6,512,457 6,230,406 6,276,140 -3.5% Other Employee Costs 155,634 71,022 173,485 166,500 ''176,.366 179,885 1.7% Contractual Services 1,613,939 1,656,616 1,865,933 1,833,609 1,5 4,8446 1,655,708 -16.7% Utilities 44,021 32,474 37,000 30,000 1.3,506 13,500 -63.5% Insurance 148,902 170,524 190,661 190,661 741.,437 246,265 26.6% Commodities & Supplies 158,079 173,024 228,535 207,385 21.6,285 212,215 -5.4% Office Equipment 9,350 36,613 25,785 11,250 25„836 25,935 0.2% Other Equipment 13,489 16,599 14,738 13,200 1!5,666 15,315 2.3% 70 - Fire 16,188,817 17,096,913 17,260,061 17,388,120 '1.8,466,750 18,750,658 7.0% Personal Services, Salaries & Wages 9,019,466 9,366,631 9,660,962 9,541,294 1.0,41.3,1561. 10,618,929 7.8% Employee Benefits 5,339,367 5,695,041 5,747,796 5,821,687 5,890,234 5,934,549 2.5% Other Employee Costs 139,445 98,215 155,240 139,740 '1.63,707 159,680 5.5% Contractual Services 1,199,951 1,432,714 1,266,692 1,449,898 1.,459,464 1,523,569 15.2% Utilities 37,279 16,093 21,000 21,000 1.6,600 17,000 -23.8% Insurance 184,787 211,619 157,182 157,182 234,722. 239,416 49.39/ Commodities & Supplies 68,942 120,179 78,135 74,165 84,295 84,295 7.9% Building Improvements 9,816 5,867 5,500 5,500 9,506 3,570 -36.4% Office Equipment 130 - 1,500 1,500 1,506 1,500 0.0% Other Equipment 189,634 150,554 166,054 176,154 1.99,747 168,150 20.3% 80 - Public Works 8,689,105 8,705,971 10,586,769 10,600,673 1.1.,040,8154 9,862,419 4.3% Personal Services, Salaries & Wages 3,446,706 3,286,454 3,690,385 3,661,016 3,887,624 3,964,815 5.3% Employee Benefits 1,331,258 1,491,645 1,454,464 1,474,107 1,567,2.92. 1,537,437 3.6% Other Employee Costs 45,200 29,659 44,818 46,980 47,654 48,606 6.3% Contractual Services 2,469,285 2,570,943 2,916,229 2,922,858 2,592,1.79 2,787,777 -11.1% Village of Mount Prospect 21Budget 2022 EXPENDITURES Expenditures Village of Mount Prospect 22 Budget 2022 2019 2020 2021 2021 20122 2023 % Chg Revenues Actual Actual Budget Estimate lBudget Forecast 21 to 22 Utilities 176,671 175,302 82,968 94,290 910,720 92,529 9.3% Insurance 123,977 141,979 179,915 179,915 228,243 232,807 26.9% Commodities & Supplies 341,293 328,564 408,371 411,888 411.5,774 424,031 1.8% Other Expenditures - - 4,417 4,417 4,505 4,595 2.0% Office Equipment 897 917 2,003 2,003 2,044 2,085 2.0% Other Equipment 51,513 54,064 10,068 10,068 66,208 67,532 557.6% Infrastructure 702,305 626,444 1,793,131 1,793,131 2,198,621 700,205 22.6% 00 - ND 2,113,355 4,604,173 3,006,478 4,006,478 7,781,549 1,431,680 158.8% Pension Benefits 5,993 6,173 6,478 6,478 6,549 6,680 1.1% Interfund Transfers 2,107,362 4,598,000 3,000,000 4,000,000 7,775,000 1,425,000 159.2% 001- General Fund Total 56,558,003 59,245,077 61,766,863 62,428,003 69,211„839 62,426,838 12.1% 002 De51 Selrvake Fund 00 - ND 6,644,816 6,564,937 6,694,799 6,694,302 6,448,2052 4,578,106 -3.7% Bank & Fiscal Fees 1,306 2,206 2,900 2,400 2,400 1,950 -17.2% Bond Principal 3,787,498 4,015,000 4,270,000 4,270,000 4,9.45,000 2,385,000 -2.9% Interest Expense 2,856,012 2,547,731 2,421,899 2,421,902 2,300,892 2,191,156 -5.0% 002 - Debt Service Fund Total 6,644,816 6,564,937 6,694,799 6,694,302 6„448„292 4,578,106 -3.7% 020.0. Ca plr all Ilirmjirirovelimlelry Fund 20 - Village Administration - - 40,000 - - - -100.0% Other Equipment - - 40,000 -- - -100.0% 30 - Finance - - 46,897 48,000 10„00.00 - -78.7% Other Expenditures - - 46,897 48,000 10„000 - -78.7% 40 - Community Development 20,000 - 100,000 100,000 1.00,000 100,000 0.0% Other Expenditures - - 100,000 100,000 1.00,000 100,000 0.0% Land Improvements 20,000 - - -- 60 - Police 35,397 390,401 64,600 81,374 - 150,000 -100.0% Contractual Services 9,205 47,523 - - - 150,000 +++ Office Equipment - 1,162 - - +++ Other Equipment 26,192 341,716 64,600 81,374- - -100.0% 70 - Fire 95,174 48,571 200,000 218,000 29.5,000 904,000 7.5% Contractual Services - - - - 9.20.0,000 - +++ Building Improvements - - 80,000 80,000- - -100.0% Office Equipment - - - - - 100,000 +++ Other Equipment 95,174 48,571 120,000 138,000 9!5,000 804,000 -20.8% 80 - Public Works 1,089,749 817,365 3,846,928 3,700,867 8,888,560 2,150,331 131.1% Contractual Services - 79,769 - - +++ Other Expenditures 57,079 206,968 571,061 440,000 !!»'0.0,000 450,000 -10.7% Building Improvements 110,123 154,631 773,000 758,000 7,!!»0!!»,000 950,000 870.9% Other Equipment 430,538 - 75,000 75,000 30,000 - -60.0% Infrastructure 515,140 375,997 2,427,867 2,427,867 843,560 750,331 -65.3% Land Improvements (23,131) - - - - - +++ 020 - Capital Improvement Fund Total 1,240,320 1,256,337 4,298,425 4,148,241 9,213,560 3,304,331 114.3% GVJ23 .. 5ulree:t Il imnlmroveimnelnru Coinsulruc IFulmd 80 - Public Works 3,010,478 3,661,659 3,924,958 3,924,958 8,826,000 3,792,000 124.9% Contractual Services 32,175 30,120 40,000 40,000 40.0,00.00 40,000 0.0% Other Expenditures - - 80,000 80,000 - - -100.0% Infrastructure 2,978,303 3,631,539 3,804,958 3,804,958 8,786,000 3,752,000 130.9% 00 - No - - 540,000 540,000 - - -100.0% Interfund Transfers - - 540,000 540,000 - - -100.0% 023 - Street Imrovement Construc Fu 3,010,478 3,661,659 4,464,958 4,464,958 8,826„000 3,792,000 97.7% 024 - IFllood CoifiGiraoll Coifistlruu"lioin IFulmd 80 - Public Works 1,870,342 5,598,561 10,016,362 7,898,651 1,758,691 761,364 -82.4% Contractual Services 74,717 61,200 122,400 122,400 '1.24,848 127,344 2.0% Utilities 3,271 38 3,570 3,570 3,641 3,714 2.0% Commodities & Supplies 2,459 4,162 5,100 5,100 15,202 5,306 2.0% Other Expenditures 1,000 - 5,000 5,000 15,000 5,000 0.0% Distribution Systems 20,833 14,920 - - - - +++ Other Equipment - 22,207 257,792 240,081 - - -100.0% Infrastructure 1,768,062 5,496,034 9,622,500 7,522,500 ,1.,620,000 620,000 -83.29/ 024 - Flood Control Construction Fund 1,870,342 5,598,561 10,016,362 7,898,651 1,758,691 761,364 -82.4% (125 - 1moNce & Fl[re 0uUWing, & oust. 60 - Police 12,866,140 10,590,923 45,000 39,441 - - -100.0% Contractual Services 603,951 122,199 - - Building Improvements 12,262,189 10,468,724 45,000 39,441 - - -100.0% 70 - Fire 5,404,173 3,013,598 - - Contractual Services (26,051) 27,065 Building Improvements 5,430,224 2,986,533 Village of Mount Prospect 22 Budget 2022 EXPENDITURES Expenditures Village of Mount Prospect 23 Budget 2022 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate lBudget Forecast 21 to 22 00 - IND - 590,000 600,000 4,819- - -100.0% Interfund Transfers - 590,000 600,000 4,819- - -100.0% 025 - Police & Fire Buildin Const. Tote 18,270,313 14,194,521 645,000 44,260 -100.0% 040 Il eFuu,se 1DI[slposnll Fund 30 -Finance 13,016 17,955 15,000 15,000 1.5,000 15,300 0.0% Contractual Services 13,016 17,955 15,000 15,000 1.5,000 15,300 0.0% 80 - Public Works 4,641,064 4,642,388 4,775,348 4,811,423 4,900,980 5,002,813 2.6% Personal Services, Salaries & Wages 303,562 283,914 316,889 316,889 327,03:3 333,525 3.2% Employee Benefits 127,995 133,289 129,532 133,277 1.30,4131. 133,038 0.7% Other Employee Costs 1,573 112 1,627 1,619 1.,405 1,433 -13.6% Contractual Services 4,159,514 4,177,145 4,272,008 4,304,346 4,0352,956 4,474,483 2.6% Utilities 158 - - -- Insurance 6,942 7,950 12,732 12,732 1.6,384 16,711 28.7% Commodities & Supplies 41,320 39,978 42,560 42,560 42,771. 43,623 0.5% 040 - Refuse Dis osal Fund Total ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,P,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,........................... 4,654,080 4,660,343 4,790,348 4,826,423 4,915,980 5,018,113 2.6% 09.1. Marolnslr IFuuaal 'Tax Fund 80 - Public Works 1,782,416 1,870,994 3,100,376 3,100,376 4,056,322 2,531,567 30.8% Contractual Services 296,921 341,573 367,376 367,376 1.374,722 382,215 2.0% Utilities 101,101 127,790 254,000 254,000 2.54,000 254,000 0.0% Commodities & Supplies 381,622 251,631 380,000 380,000 387,600 395,352 2.0% Infrastructure 1,002,772 1,150,000 2,099,000 2,099,000 3,.040,01001 1,500,000 44.8% 041- Motor Fuel Tax Fund Total 1,782,416 1,870,994 3,100,376 3,100,376 4„056,322 2,531,567 30.8% 042C11116G 40 - Community Development 303,873 377,615 468,500 515,250 !! 07,770 507,770 8.4% Other Employee Costs 72 - - - +++ Contractual Services 303,801 377,615 468,500 515,250 !s07,770 507,770 8.4% 042 - CDBG Total 303,873 377,615 468,500 515,250 507,770 507,770 8.4% 043 Asso Selllzuulre IFund 60 - Police 23,557 20,951 7,000 13,000 7,0100 7,000 0.0% Other Employee Costs - - 1,000 1,000 :1.,00.80 1,000 0.0% Contractual Services 2,500 - 3,000 2,000 3,000 3,000 0.0% Other Equipment 21,057 20,951 3,000 10,000 3,000 3,000 0.0% 043 - Asset Seizure Fund Total 23,557 20,951 7,000 13,000 7,000 7,000 0.0% 044 IFedelrall 11:quiit,alblle Share IFunds 60 - Police - - 1,000 - 1.,000 1,000 0.0% Contractual Services - - 1,000 - 9.'000 1,000 0.0% 044 - Federal Equitable Share Funds T< - 1,000 1,000 1,000 0.0% 045... u:PU 1I Mine IFlunnd 60 - Police 14,295 1,075 48,000 2,000 2,000 1,000 -95.8% Other Employee Costs 2,949 - 1,000 2,000 1.'000 1,000 0.0% Contractual Services - - 1,000 - 1.,0180 - 0.056 Motor Equipment - - 45,000 - - - -100,056 Other Equipment 11,346 1,075 1,000 - - - -100.0% 045 - DUI Fine Fund Total 14,295 1,075 48,000 2,000 2„000 1,000 -95.8% 046... IFoira?llgin IFiilre "Oar. Board Iwind 70 - Fire 40,923 115,503 66,950 57,700 63,300 63,300 -5.5% Other Employee Costs 4,223 124 7,950 7,950 1.,2010 1,200 -84.9% Contractual Services 4,972 7,130 11,750 11,750 11., 000 11,000 -6.4% Insurance - - 500 - 500 500 0.0% Commodities & Supplies 20,127 31,409 30,000 38,000 50,600 50,600 68.7% Building Improvements - - 6,000 - - - -100.0% Other Equipment 11,601 76,840 10,750 - - - -100.0% 046 - Foreign Fire Tax Board Fund Tot< 40,923 115,503 66,950 57,700 63„300 63,300 -5.5% 01483... II#uNsuuness u)1>tHO Fund 00 - ND 1,458,547 1,036,290 1,390,000 1,118,211 1.,285,500 1,311,225 -7.5% Interest Expense 1,458,547 1,036,290 1,390,000 1,118,211 1.,285,50.10 1,311,225 -7.5% 048 - Business District Fund Total 1,458,547 1,036,290 1,390,000 1,118,211 1,2.85,500 1,311,225 -7.5% 0149.. Proslpec'u and Makii '31F D) strllct.. 20 - Village Administration 96,370 99,750 60,000 - 60.1,000 60,000 0.0% Contractual Services 96,370 99,750 60,000 - 60,000 60,000 0.0% 30 -Finance 25,224 108,579 165,500 172,700 1.65,500 256,500 0.0% Contractual Services 1,500 - 10,000 10,000 1.0,000 10,000 0.0% Village of Mount Prospect 23 Budget 2022 EXPENDITURES Expenditures Village of Mount Prospect 24 Budget 2022 2019 2020 2021 2021 20022 2023 % Chg Revenues Actual Actual Budget Estimate lBudget Forecast 21 to 22 Commodities & Supplies - - 1,500 1,500 1.,500 1,500 0.0% Other Expenditures 23,724 108,579 154,000 161,200 3.54,000 245,000 0.0% 40 - Community Development 1,584,659 2,399,056 661,500 - 761,500 736,500 15.1% Other Employee Costs 600 600 1,500 - 31.,500 1,500 0.0% Contractual Services 52,787 10,365 10,000 - to"C'00, 10,000 0.0% Other Expenditures 1,531,272 2,388,091 550,000 - 750,000 725,000 36.4% Infrastructure - - 100,000 -- - -100.0% 80 - Public Works 1,329,891 6,771,090 175,990 -- - -100.0% Contractual Services 81,569 - - Building Improvements 852,918 6,568,902 Infrastructure - 10,596 175,990 -- - -100.0% Land Improvements 395,404 191,592 - 00 - ND 551,912 703,411 1,019,338 1,019,088 1,4044,488 1,273,038 2.5% Contractual Services 118,950 - - -- Bank & Fiscal Fees 225 900 1,250 1,000 9.'000 1,000 -20.0% Bond Principal - - 320,000 320,000 360,000 605,000 12.5% Interest Expense 432,737 702,511 698,088 698,088 683,488 667,038 -2.1% 049 Prosect and Main TIF District Tc 3,588,056 10,081,886 2,082,328 1,191,788 2,03.,488 2,326,038 -2.4% 00,50 Wmelr and Sewer Fund 30 -Finance 313,413 334,283 343,600 346,793 348,859. 355,473 1.5% Personal Services, Salaries & Wages 116,036 119,753 123,039 123,039 9.27„3701 129,895 3.5% Employee Benefits 44,648 53,211 50,211 53,404 59.„931 52,153 1.8% Other Employee Costs - - 350 350 350 357 0.0% Contractual Services 152,729 161,319 168,950 168,950 1.68,9!50 172,003 0.0% Commodities & Supplies - - 1,050 1,050 9.,00500 1,065 0.0% 80 - Public Works 16,030,757 16,896,169 21,503,084 19,369,345 29,5040,0700 20,991,130 37.2% Personal Services, Salaries & Wages 2,138,189 2,007,042 2,277,552 2,227,111 2,328,868 2,375,052 2.3% Employee Benefits 859,710 1,851,793 918,870 930,634 9 16,621 934,953 -0.2% Other Employee Costs 49,239 28,373 44,997 46,174 45,898 46,815 2.0% Contractual Services 8,353,840 9,201,560 9,248,436 7,732,440 8,687,667 8,934,011 -6.1% Utilities 110,484 109,100 121,951 121,356 1.26,7116 129,227 3.9% Insurance 117,789 134,892 178,102 178,102 1.70,631 174,043 -4.2% Commodities & Supplies 247,846 299,916 309,113 307,613 298,385 304,342 -3.5% Other Expenditures 699,661 686,789 - -- Building Improvements 436 11,607 385,000 385,000 5,!!90.DQ'000 - 1328.6% Office Equipment - - 1,103 955 1,125 1,147 2.0% Distribution Systems 3,331,975 2,427,045 7,885,160 7,332,160 9.1,290,00400 7,956,000 43.2% Other Equipment 114,088 130,552 132,800 107,800 134,156 135,540 1.0% Infrastructure 7,500 7,500 - -- 00 - ND 573,902 777,748 1,189,181 1,189,081 9.,214„331 1,237,181 2.1% Contractual Services 212,683 - - - - - +++ Bank & Fiscal Fees 225 900 1,500 1,000 9.,000 1,000 -33.3% Bond Principal - - 525,000 525,000 5715,000 625,000 9.5% Interest Expense 398,563 812,433 662,681 663,081 638,339. 611,181 -3.7% Long Term Debt (37,569) (35,585) - - - - +++ 050 - Water and Sewer Fund Total 16,918,072 18,008,200 23,035,865 20,905,219 31,063„252 22,583,784 34.8% 051 . Vii00age Ilsairlkkig sysheimo Fund 30 - Finance 13,572 2,664 14,000 14,000 14, 000 14,280 0.0% Contractual Services 13,572 2,664 14,000 14,000 14, 000 14,280 0.0% 80 - Public Works 1,742,840 138,170 132,737 136,137 '''135„0138 161,629 1.7% Personal Services, Salaries & Wages 17,080 13,709 18,568 18,568 18,884 19,258 1.7% Employee Benefits 8,341 (10,777) 7,510 7,510 11., 009 11,230 46.6% Contractual Services 81,068 102,658 43,759 49,159 484,25384 45,018 1.1% Utilities - 1,779 12,000 10,000 9.0,000 10,200 -16.7% Insurance 285 326 326 326 ,326 326 0.0% Commodities & Supplies 6,389 574 574 574 585 597 1.9% Infrastructure 27,058 29,901 50,000 50,000 50,000 75,000 0.0% Interfund Transfers 1,602,619 - - - - - +++ 051- Village Parking System Fund Toti 1,756,412 140,834 146,737 150,137 149„038 175,909 1.6% 052. ParOnkig System Revenue Fund 30 - Finance 11,356 3,966 11,000 11,000 9.9,0000 11,220 0.0% Contractual Services 11,356 3,966 11,000 11,000 1.1,000 11,220 0.0% 80 - Public Works 113,947 80,611 160,913 116,721 1.45,806 154,451 -7.5% Personal Services, Salaries & Wages 17,181 13,709 18,535 18,535 9.8,8+47 19,218 1.7% Employee Benefits 8,555 4,081 7,459 7,459 1.0,955 11,134 46.9% Contractual Services 77,004 53,643 113,575 69,408 95,725 100,355 -15.7% Utilities 3,264 1,682 9,998 9,973 9.0,9.73 10,376 1.8% Insurance 292 335 335 335 9,875 1,912 459.7% Commodities & Supplies 7,651 7,161 11,011 11,011 9.9..,2..139. 11,456 2.0% Village of Mount Prospect 24 Budget 2022 EXPENDITURES Expenditures Village of Mount Prospect 25 Budget 2022 2019 2020 2021 2021 2022 2023 % Chg Revenues Actual Actual Budget Estimate Budget Forecast 21 to 22 052 - ParkinS stem Revenue Fund T< 125,303 84,577 171,913 127,721 159,806 165,671 -7.0% 060 Veh9dle IMallintteinainre Fund 80 - Public Works 2,105,693 2,162,443 2,305,315 2,227,337 2,392,295 2,398,890 3.8% Personal Services, Salaries & Wages 1,019,883 929,077 1,119,708 993,908 1,070,726 1,091,968 -4.41/ Employee Benefits 386,369 672,986 428,207 427,978 453,466 462,309 5.9% Other Employee Costs 4,396 1,815 7,250 7,250 7,395 7,542 2.0% Contractual Services 101,856 70,765 138,228 138,228 107,681. 130,189 21.3% Utilities 4,454 3,750 4,500 4,500 4,990 4,682 2.0% Insurance 11,706 13,405 11,202 11,202 1.4,093 14,374 25.8% Commodities & Supplies 576,171 469,761 594,210 641,261 671.,274 684,694 13.0% Office Equipment 70 - 626 626 6039 652 2.1% Other Equipment 788 884 1,384 2,384 2,431. 2,480 75.7% 060 - Vehicle Maintenance Fund Total 2,105,693 2,162,443 2,305,315 2,227,337 2,.392,295 2,398,890 3.8% 061.. VelNdlle 6uelpllaceinmeim Fund 30 - Finance 854,467 1,047,238 Other Expenditures 854,467 1,047,238 50 - Human Services - - - - - 28,000 +++ Motor Equipment - - - - - 28,000 +++ 60 - Police 56,157 450 234,893 145,000 399,000 320,000 69.9% Motor Equipment 56,157 450 234,893 145,000 399,000 320,000 69.9% 70 - Fire 627,238 233 1,005,000 1,005,000 1.,8936„6896 - 3.1% Motor Equipment 627,238 233 1,005,000 1,005,000 1.,036„6896 - 3.1% 80 - Public Works (709,853) 8,410 834,119 834,119 t,788,000 1,060,000 114.4% Motor Equipment (709,853) 8,410 834,119 834,119 t,788,000 1,060,000 114.4% 061- Vehicle Re lacement Fund Total 828,009 1,056,331 2,074,012 1,984,119 3,223,000 1,408,000 55.4% 062.. Cosimopsuuteir 1Relwllaa.:a.=.un¶einrtt Ifuuird 20 - Village Administration 212,807 220,593 338,400 338,400 1.94,000 194,000 -42.7% Other Expenditures 13,709 13,709 - -- Building Improvements - - 100,000 100,000- - -100.0% Office Equipment 199,098 206,884 238,400 238,400 1.94,000 194,000 -18.6% 80 - Public Works - - - - - 200,000 +++ Building Improvements - - - - - 200,000 +++ 062 - Computer Replacement Fund To 212,807 220,593 338,400 338,400 194,000 394,000 -42.7% 06.3. IRh1k. Management Fund 20 - Village Administration 4,914 6,140 50,000 10,000 122,500 22,500 145.0% Commodities & Supplies 4,914 6,140 50,000 10,000 22,500 22,500 -55.0% Other Equipment - - - - 9.00,0690 - +++ 80 - Public Works - - 10,000 10,000 t.0,000 10,000 0.0% Contractual Services - - 10,000 10,000 t.0,000 10,000 0.0% 00 - No 9,428,451 9,692,755 9,554,300 9,489,424 9,554,300 9,745,386 0.0% Contractual Services 4,800 28,500 30,000 3,381 30,000 30,600 0.0% Insurance 9,423,599 9,664,255 9,524,300 9,486,043 9,524,300 9,714,786 0.0% Other Equipment 52 - - - - - +++ 063 - Risk Management Fund Total 9,433,365 9,698,895 9,614,300 9,509,424 9,686„800 9,777,886 0.8% _______________________________________________________________________...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Grand Total 130,839,680 140,057,622 137,527,451 131,745,520 155,196,9313 123,533,792 12.8% Village of Mount Prospect 25 Budget 2022