Fox River and Countryside Fire/Rescue Fox River and Countryside Fire/Rescue DistrictDistrict
Financial AnalysisFor the 2 Month(s) Ended June 30, 2014
2
17% of Budget Year
• 38% of Total Budget
• Property Taxes – Collected 49% of Budgeted Property Taxes (1st Installment
from Kane and DuPage County)
• Ambulance Fees – Collected $40,007 or 13% of Budget
• Rental Revenues– Collected $4,113 or 18% of Budget
Revenue HighlightsRevenue Highlights
3
RevenuesRevenues
Account Description Total Actual Total Budget% of
Budget Last Year
Inc/(Dec) from Last
Year
Property Taxes 1,153,360 2,351,500 49% 1,117,997 3%
Interest Income 115 3,000 4% 485 -76%
Personal Property Replacement Tax 2,515 11,000 23% 2,914 -14%
Rental Income 4,113 22,300 18% 4,023 2%
Ambulance/CPR Fees 40,007 297,300 13% 40,499 -1%
Fire Recovery - 7,500 0% - n/a
Other Income - 25,100 0% 925 -100%
Subtotal 1,200,109 2,717,700 44% 1,166,843 3%
Debt Proceeds/Sale of Building - 430,000 n/a - n/a
Transfers-In 355,837 970,538 37% 349,413 n/a
Actual Revenues 1,555,947 4,118,238 38% 1,516,256 3%
Budgeted Revenues 4,118,238
% Diff 38%
4
RevenuesRevenues
5
PBS CollectionsPBS CollectionsMonth FY2015 FY2014
May 20,986 20,424
Jun 18,661 20,074
Jul 21,271
Aug 14,834
Sept 28,937
Oct 32,058
Nov 26,924
Dec 28,223
Jan 29,756
Feb 29,630
Mar 21,083
April 27,097
Total 300,312
AVG. 19,823 25,026
Budget Avg. 24,583 23,333
6
17% of Budget Year
• 21% of Total Budget
• Operating Expenditures– 22% of Budget
• Fire Services Contract– 16% of Budget
• Capital Outlay & Debt Service– 13% of Budget – George Kay & Assoc $23,780– Alexis Fire Equipment $30,981
Expenditure HighlightsExpenditure Highlights
ExpendituresExpenditures
Account Description Total Actual Total Budget% of
Budget Total Actual
Inc/(Dec) from Last
Year
OPERATING EXPENDITURES
Personnel 57,520 364,000 16% 57,115 1%
Contractual Services 280,235 1,790,883 16% 264,319 6%
Office Supplies and Expenses 3,214 9,800 33% 4,564 -30%
Property Expenses 10,274 13,950 74% 547 1778%
Public Training and Education - 3,000 0% 167 -100%
Fire Station 25,155 176,750 14% 33,312 -24%
Transfers-Out 355,837 970,538 37% 349,413 2%
Actual Expenditures 732,235 3,328,921 22% 709,437 3%
Budgeted Expenditures 3,328,921
% Diff 22%
DEBT AND CAPITAL EXPENDITURES
Debt Expenditures 15,846 489,538 3% 9,929 60%
Capital Outlay 61,227 100,750 n/a 77,304 -21%
Actual Expenditures 77,073 590,288 13% 87,233 -12%
Budgeted Expenditures 384,538
% Diff 20%
8
ExpendituresExpenditures
9
Revenue, Expenditure & Fund Revenue, Expenditure & Fund BalanceBalanceFor the 2 Month Ended June 30, 2014
General Ambulance Debt ServiceEmergency and
Rescue Total Actual
TOTAL SURPLUS / (DEFICIT) 823,712 - (77,073) - 746,639
BEGINNING FUND BALANCE 238,287 - - - 238,287
Residual Equity Transfer - - - - -
ENDING FUND BALANCE 1,061,999 - (77,073) - 984,926
InvestmentsInvestments
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Bank DescriptionCurrent
Rate Bank Balance
BMO Harris Public Funds Checking #4887 n/a 49,607
BMO Harris Business Prime Money Market #7301 0.35% 912,917
BMO Harris Public Funds Interest Checking #0403 0.16% 7,502
Suburban Bank & Trust Checking #9767 n/a 98,591 $ 1,068,617