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Home My Public Portal About1979 Comprehensive Annual Financial Report (Y/E 04/30) TABLE OF CONTENTS PAGE AUDITORS' REPORT ON THE FINANCIAL STATEMENTS 1 COMBINED OVERVIEW FINANCIAL STATEMENTS Combined Balance Sheet -All Fund Types and Account Groups 2 - 3 Combined Statement of Revenues, Expenditures and Changes in Fund Equity -Ail Governmental Fund Types 4 Combined Statement of Revenues, Estimated and Actual, Expenditures - and Appropriated Actual, and Changes in Fund Balance - Corporate and Special Revenue Funds 5 Combined Statement of Revenues, Expenses and Changes in Retained Earnings/Fund Balance - Ail Proprietary and Fiduciary (Pension) Fund Types 6 Combined Statement of Changes in Financial Position - All Proprietary and Fiduciary (Pension Trust) Fund Types 7 Notes to the Financial Statements 8 - 18 GOVERNMENTAL FUND TYPES Corporate Fund Balance Sheet 19 Statement of Revenues - Estimated and Actual, Expenditures - Appropriated and Actual and Changes in Fund Balance 20 Special Revenue Funds Combind Balance Sheet 21 Combined Statement of Revenues, Expenditures, and Changes in Fund Balance 22 Library 23 - 24 Federal Revenue Sharing 25'- 26 Illinois Municipal Retirement 27 - 28 Motor Fuel Tax 29 - 30 Debt Service Funds Combined Balance Sheet 31 Combined Statement of Revenues, Expenditures, and Changes in Fund Balance 32 Debt Service 33 - 34 Public Benefit 35 - 36 ! ! TABLE OF CONTENTS ! PAGE Capital Projects Funds I Combined Balance Sheet 37 Combined Statement of Revenues, Expenditures, and Changes in Fund Balance 38 · Village Hall Construction 39 - 40 Public Works Garage 41 - 42 Special Assessments I Balance Sheet 43 Statement of Revenues, Expenditures and Changes · in Fund Balance 44 PROPRIETARY FUND TYPES ! ENTERPRISE FUNDS Combined Balance Sheet 45 I Combined Statement of Revenues, Expenditures, and Changes in Retained Earnings 46 ~ Waterworks and Sewerage Fund Number One Balance Sheet 47 Analysis of Changes in Contributions and · Retained Earnings 48 Comparative Statement of Income and Expenses - Budgeted and Actual 49 · Statement of Changes in Restricted Accounts 50 Statement of Changes in Financial Position 51 Schedule of Fixed Assets and Depreciation 52 · Waterworks and Sewerage Fund Number Two Balance Sheet 53 Statement of Changes in Contributions and · Retained Earnings 54 Statement of Income and Expense - Budgeted and Actual 55 I Statement of Changes in Financial Position 56 Schedule of Fixed Assets and Depreciation 57 Commuter Parking Lot I Balance Sheet 58 Statement of Income and Expense - Budgeted and Actual and Changes in Retained Earnings 59 I Statement of Changes in Financial Position 60 I I TABLE OF CONTENTS PAGE FIDUCIARY FUND TYPES Trust and Agency Combined Balance Sheet 61 Combined Statement of Revenues, Expenditures, and Changes in Fund Balance 62 Police Pension 63 64 Firemen's Pension 65 - 66 Escrow Deposit 67 - 68 ACCOUNT GROUPS General Fixed Assets Account Group Statement of General Fixed Assets 69 General Long-Term Debt Account Group Statement of General Long-Term Debt 70 AUDITORS' REPORT - SUPPLEMENTARY DATA 71 SUPPLEMENTARY DATA Schedule of Interfund Accounts 72 - 74 Property Tax Assessed Valuations, Rates, Extensions and Collections 75 Statement of Legal Debt Margin 76 Insurance in Force 77 Long-Term Debt Requirements 78 - 84 Combined Schedule of Delinquent Taxes 85 Statement of Cash and Investments 86 Statement of Investments 87 - 90 Statement of Revenues - Estimated and Actual - Corporate Fund 91 Statement of Expenditures and Encumbrances Compared with Appropriations - Corporate Fund 92 - 107 Statement of Expenditures Compared with Budget - Waterworks and Sewerage Fund Number One 108 - 110 Statement of Expenditures Compared with Budget - Waterworks and Sewerage Fund Number Two 111 - 112 I I I I I I I I I i i I I I I AUDITORS' REPORT ON THE FINANCIAL STATEMENTS ! I ! The Honorable Thomas E. Smith, President IBoard of Trustees Village of Glenview, Illinois I We have examined the financial statements of the various funds and account groups of the Village of Glenview, Illinois for the year ended IApril 30, 1979, as listed in the foregoing table of contents. Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests of the accounting records and such other auditing procedures as we considered necessary Iin the circumstances. In our opinion, the aforementioned financial statements present fairly Ithe financial position of the various funds and account groups of the Village of Glenview, Illinois at April 30, 1979 and the results of operations of such funds and the changes in financial position of the IEnterprise Funds for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. Iaccompanying supplemental and related information The schedules presented on pages 71 - 112 are not necessary for a fair presentation of the financial statements, but are presented as additional analytical Idata. This information has been subjected to the tests and other auditing procedures applied in the examination of the financial statements mentioned above and, in our opinion, is fairly stated in all Imaterial respects in relation to the financial statements taken as a whole. ~rrl~en ~nd 8~r~e I August 22, 1979 ! I B ank of Wheaton Building · 211 South Wheaton Avenue · Wheaton, Illinois 60187 · (312) 665-4510 Geneva Professional O~ces · 206 '/~ West State Street · Geneva, Illinois 60134 · (312) 232-9404 ! COM]~ INED OVERVIEW4 FINANCIAL STATEMENTS I ~ ....... ! I ! ! ! I VILLAGE OF GLENVIEW, ILLINOIS ALL PROPRIETARY AND FIDUCIARY (PENSION TRUST) FUND TYPES COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS/FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Proprietary Fiduciary Total Fund Types Fund Types (Memorandum Enterprise Pension Trust Only) Operating Revenues Charges for Services $2,324,589.21 $2,324,589.21 Taxes $ 215,790.00 215,790.00 Interest 311,322.82 311,322.82 Contributions 157,162.27 157,162.27 Miscellaneous 35,502.86 35,502.86 $2,324,589.21 $ 719,777.95 $3,044,367.16 Operating Expenses Administration $ 273,401.34 $ 273,401.34 Operations 1,193,487.80 1,193,487.80 Depreciation 219,849.00 219,849.00 Benefits and Refunds $ 152,958.08 152,958.08 Other 1,053.69 1,053.69 $1,686,738.14 $ 154,011.77 $1,840,749.91 Operating Income $ 637,851.07 $ 565,766.18 $1,203,617.25 Non-Operating Revenues (Expenses) Transfers from Other Funds $ 113,049.74 $ 113,049.74 Interest Income 94,985.04 94,985.04 Other Revenues 46,960.44 46,960.44 Interest Expense (269,245.00) (269,245.00) Transfers to Other Funds (75,000.00) $ (141,911.54) (216,911.54) Other (3,734.49) (3,734.49) $ (92,984.27) $ (141,911.54) $ (234,895.81) Net Income $ 544,866.80 $ 423,854.64 $ 968,721.44 Retained Earnings/Fund Balance May 1, 1978 $3,144,226.17 $(2,073,259.24) $1,070,966.93 Increases (See Individual 155,892.37 155,892.37 (Decreases) Fund Statements) (135,481.00) (135,481.00) $3,300,118.54 .$(2,208,740.24) ~1,091,378.30 April 30, 1979 $3,844,985.34 $(1,784,885.60) $2,060,099.74 VILLAGE OF GLEN¥IEW, ILLINOIS ALL PROPRIETARY AND FIDUCIARY (PENSION TRUer) FUND TYPES COMBINED STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YEAR ENDED APRIL 30, 1979 Total Pension (Memorandum Enterprise Trust Only) Sources of Cash Net Income $ 431,817.06 $ 423,854.64 $ 855,671.70 Add Non-Cash Items 219,849.00 - 219,849.00 $ 651,666.06 $ 423,854.64 $1,075,520.70 Prior Years' Adjustment - 127,000.00 Encumbrances 127,000.00 Transfers from Other Accounts 144,549.74 144,549.74 Increase in Refundable Deposits 1,627,184.95 1,627,184.95 Increase in Liabilities 240,699.97 240,699.97 $ 923,215.80 $2,291,739.56 $3,214,955.36 Uses of Cash Increase in Current Assets $ 28,643.52 $ 105,728.99 $ 134,372.51 Decrease Current Liabilities 147,576.34 147,576.34 Retire Bonds 240,000.00 240,000.00 Transfers to Other Accounts 31,500.00 31,500.00 135,481.00 135,481.00 Increase Reserves 169,168.12 Purchase Fixed Assets 169,168.12 $ 616,887.98 $ 241,209.99 $ 858,097.9! Net Increase $ 306,327.82 $2,050,529.57 $2,356,857.39 Cash and Investments May 1, 1978 1,252,952.59 3,010,888.76 4,263,841.35 April 30, 1979 $1,559,280.41 $5,061,418.33 $6,620,698.74 8 VILLAGE OF GLENVIEW, ILLINOIS SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 SUmmAry of Significant Accounting Policies Financial Statements - The financial statements are presented in accordance with generally accepted accounting principles applicable to state and local governmental units. These basic principles have been promulgated by the National Council on Governmental Accounting, and are detailed in their publication entitled "Govern- mental Accounting, Auditing and Financial Reporting;" these prin- ciples are also embodied in "Audits of State and Local Govern- mental Units" published by the American Institute of Certified Public Accountants. Funds - For governmental units the basic accounting and reporting entity is a "fund". A fund is defined as an independent fiscal and accounting entity with a self-balancing set of accounts recording cash and/or other resources together with all related liabilities, obligations, reserves and equities or attaining certain objectives in accordance with special reuglations, restrictions or limitations. Basis of Accounting .Corporate, Special Revenue and Debt Service Fund~ The modified accrual basis of accounting has been utilized. Reve- nues are recognized when received in cash except for material and/or available revenues which are accrued to properly reflect earnings for the period. Expenditures are recognized when incurred. Fixed assets are not capitalized but rather are charged to current expenditures. Fixed asset acquisitions are accounted for in the General Fixed Assets Group of Accounts and are valued at historical cost; no depreciation is required to be recorded. The long-term portion of general obligation debt has been reflected in the General Long-Term Debt Group of Accounts. Capital Projects, Enterprise, Intragovernmenta] Service, Trust and Agency and Special Assessment Fundg The accrual basis of accounting has been utilized. Revenues are recognized when earned and expenditures recognized when incurred. Enterprise and Intragovernmental Service Funds account for their own fixed assets and for current and long-term debt. Depreciation is recorded. VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 InvestmentSmarket,-unlessAll investmentSotherwise noted.are carried at cost, which approximates Inventories - All inventories are carried at the lower of cost, on a first-in, first-out basis, or market. Depreciation - Depreciation of Fixed Assets of the Waterworks and Sewer- age Fund have been computed on a straight line basis. 2. Illinois Municipal Retirement Fund The Village is a participating member of the Illinois Municipal Retire- ment Fund which covers ail of its employees who: a) occupy a Job normally requiring 600 hours or more per year; b) are paid on a regular payroll from Village funds; c) were under age sixty when first entering employment; and d) arefor not the covered same service, by another state created retirement system The Illinois Municipal Retirement Fund's (Chicago) actuary estimated that as of December 31, 1978, the present value of currently accrued retirement obligations of the Village of Glenview was $1,687,103.00. The Village had accumulated assets of $484,639.00 on the same date. Therefore, the balance of $1,202,464.00 remains to be financed by future contributions payable by the municipality on behalf of its employees. The normal cost portion of the Village contribution rate is expected to provide $312,462.00 of this amount and the prior service portion of the rate is expected to provide $890,002.00. The latter amount is considered to be unfunded at i0 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 this time; it is sometimes referred to as the "actuarial deficiency." As required by Section 7-172, Chapter 108-1/2, Illinois Revised Statutes 1977, municipality contribution rates are fixed at levels, certified by the Fund actuary, sufficient to meet the entire cost of benefit payments ultimately to be made. Waterworks and Sewerage Fund Number One Section 9 of the Revenue Bond Ordinance of 1964 created the following accounts: a) Operation and Maintenance Account b) Bond and Interest Account c) Bond Reserve Account d) Depreciation, Improvement and Extension Account e) Surplus Revenue Account. Monthly cash transfers are required in the following order: Operation and Maintenance Account - an amount sufficient to pay the reasonable expenses of maintenance and operation of the system for the next succeeding month, including 1/12 of ail expenses which are paid on an annual basis. VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 Bond and interest account - an amount not less than 1/5 of the interest becoming due on the next succeeding interest date and an amount equal to 1/10 of the principal becoming due on the next succeeding principal maturity date. Bond reserve account - the sum of $625.00 each month until all bonds have been paid or provided for. Depreciation, improvement and extension account - the sum of $2,000.00 each month. Surplus revenue account - at the end of each fiscal year all moneys after distribution of the above amounts to their respective Funds accumulated in the bond reserve account are available for the payment of maturing bond principal or interest whenever funds are not available for that purpose in the bond and interest account. In addition, whenever the balance in this account equals the maximum principal and interest requirements on all outstanding bonds for any future fiscal year, any surplus above such amount may be transferred to the depreciation, improvement and extension account or may be used for calling and redeeming those bonds that are callable prior to maturity, or by purchasing by tender or on the open market, at not than par and accrued interest, any bonds which are payable from the revenues of the system. Funds accumulated in the depreciation, improvement and extension account are available for the payment of maturing bond principal or interest, whenever sufficient funds are not available. Also, such funds may be used for either extraordinary repairs or replacements, or improve- merits and extensions of the system. Whenever the account aggregates $250,000.00, any sums in excess thereof may be transferred to the a. To make up any deficiencies in any of the other accounts created by the ordinance. b. Thereafter, at the end of each fiscal year any sums re- maining may be transferred to be used for any lawful purpose including general administration of the system; 7-1/2% of the annual gross revenue or to such percentage as the President and Board of Trustees may establish. 12 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 The following additional information is presented in accordance with Section 14 of the Waterworks and Sewerage Fund bond ordinance: a. Insurance coverage pertaining to all facilities of the Village of G],enview, Illinois is carried under one policy bearing a composite insurance rate. b. Statistical data (based upon information contained in the records of the Village - not subjected to audit procedures): 1. Number of sewerage customers as of April 30, 1979 - 960 2. Number of metered water customers as of April 30, 1979 - 7066 3. Number of unmetered water customers as of April 30, 1979 - -0- 4. Volume of water as pumped for the year ended April 30, 1979 - 1,170,387,000 The Contributions from the Municipality for Waterworks and Sewerage Fund Number One of $285,000.00 represents the Municipalitles general obligation bonding authority. The necessary tax levy to pay this issue is to be abated annually and paid for by the operations of Waterworks and Sewerage Fund Number One. VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 4. Police Pension Fund Chapter 108-1/2, Sections 3-125 and 127 of the Illinois Revised Statutes 1977 provides that municipalities shall establish and maintain a reserve fund of not less than $10,000.00 for each policeman and each beneficiary; provided that the accumulated reserve shall not exceed the estimated total actuarial requirements of the Fund. In municipalities having less than the actuarial requirements of the Fund, the Board of Trustees of the Fund shall designate the propor- tionate amount needed annually to insure the accumulation of such actuarial reserve over a 40 year period ending in 2000. The total actuarial requirements at April 30, 1977 (the date of the latest com- putation) amounted to $3,670,432.00, as determined by the Illinois De- partment of Insurance. Net present assets $ 123,888.00 Unfunded accrued liability 3,546,544.00 $3,670,432.00 Tax Levy Requirements Amount necessary to provide the normal cost based on the annual payroll of active participants as of April 30, 1977 $ 93,749.00 Amount necessary to amortize the unfunded accrued liability of $3,546,543.00, as determined by the State of Illinois Depart- ment of Insurance over the remaining 22-1/4 years as contemplated by Section 3-127 of the Illinois Pension Code 268,017.00 14 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30~ 1979 Tax Levy Requirements (Cont.) Total amount of tax levy necessary to arrive at the annual requirements of the Fund as required in Section 3-125 of the Illinois Pension Code $361,766.00 *The above figure is the minimum amount which should be obtained by the Fund from Municipality exclusive of any other items of income such as interest on investments, contributions of participants, etc. These items have already been taken into consideration in arriving at this amount. Note: The above state financial requirements take into consideration the "Auto- matic Increase Annuity" benefit provided in Section 3-111.1 in the Illinois Revised Statutes. 5. Firemen's Pension Fund Chapter 108-1/2, Section 4-118 and 120 of the Illinois Revised Statutes, 1977, provides that the Board of Trustees of the Municipality is required to establish and maintain a reserve of not less than $1,000.00 for each 1,000 inhabitants and not to exceed the total actuarial requirements of the Fund. In municipalities having less than the actuarial requirements of the Fund, the Board shall designate the proportionate amount needed annually to insure the accumulation of such actuarial reserve over a 40 year period ending in 2000. The total actuarial requirements at April 30, 1978, (the date of the latest computation) amounted to $1,660,006.00 as determined by the State Department of Insurance. Net present assets $ 796,833.00 Unfunded accrued liability 863,173.00 Total actuarial requirements at April 30, 1978 $1,660,006.00 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 Tax Levy Requirements Minimum amount necessary to provide actuarial re- serves for the annuities and benefits to be earned during the year, computed at a rate of not less than 17.5% of the annual payroll of active participants as of April 30, 1978 $174,769.00 Amount necessary to amortize the unfunded accrued liability of $111,111.11, as determined by State of Illinois Department of Insurance over the remaining 28-3/4 years as contemplated by Section 4-118 of the Illinois Pension Code 51,141.00 Total amount of tax levy necessary to arrive at the annual requirements of the Fund as contem- plated by Section 4-118 of the Illinois Pension *$225,910.00 Code *The above figure is the minimum amount which should be obtained by the Fund from the Municipality exclusive of any other items of income such as, interest on investments, contributions from participants, etc. These items have already been taken into consideration in arriving at this amount. 16 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 Motor Fuel Tax Fund The balance of Unobligated Funds in the Motor Fuel Tax Fund at April 30, 1979 is $615,932.29. Unobligated Funds May 1, 1978 Allotments $482,647.30 Credits (Unexpended - Approved Projects 377,028.88 and Interest Income) 1977 Interest $ 13,230.58 1970 Other Category 193.65 1971 Other Category 997.42 14,421.65 $874,097.83 Less - Authorizations by the Illinois Department of Transportation 1978 Engineering $ 2,500.00 1978 Contract Construction 65,000.00 1978 Engineering 59.00 1977 Engineering 19.32 1974 Engineering 33,486.42 1978 Engineering 7,500.00 1977 Engineering 1,231.03 1977 Contract Construction 5,255.78 1976 Maintenance 317.65 1977 Maintenance 127,765.99 1978 Maintenance 15~030.35 $258,165.54 $615,932.29 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 7. Commuter Parking Lease Asreements The Village of Glenview is a leasee under two agreements with the Chicago, Milwaukee, St. Paul and Pacific Railroad Company for certain property adjacent to the railroad station located in the Village. The leases provide the terms as shown. Lease A a. Period - May 1, 1966 to April 30, 1986. b. Annual rent - 30% of parking revenues, but not less than $2,400.00. c. Improvements costs - the Village has incurred certain expen- ditures for capital improvements to improve the area sur- rounding the railroad station. Repayment of the expendi- ture is to be derived from net revenue produced from parking meters installed and parking permits sold. Lease B a. Period - October 1, 1972 to September 30, 1982 b. Annual rent - $500.00 (subject to renegotiation after September 30, 1977). c. Improvement costs - the Village is to bear all such costs for improvements. d. Termination - either party may terminate the agreement upon 60 days written notice. Leasehold Improvement Leasehold Improvements of the Commuter Parking Lot Fund reflected in the accounts of the Village have been recorded at cost less accumulated amortization to date of $62,524.66 computed on a straight-line method. 18 VILLAGE OF GLENVIEW, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1979 8. Capital Projects Funds A. The Village Hall Construction Fund is accounting for the construction of the new village hall scheduled to be completed in the summer of 1980. The contract for the construction of the new village hall is $1,832,964.00. B. The Public Works Garage Fund was created to accumulate funds for the construction of a new garage facility. The land has already been acquired. 9. Waterworks and Sewerage Fund Number Two The Village is currently accepting bids for the construction of a water transmission main to provide lake water to the Western unincorporated area at an estimated cost of $5,500,000.00. I i I i i i I i i i i i i i I i i i I I I I I I I I I I I I i ! I I I I I I I I I ! I I I I ! I I I I I I ! I I I 19 VILLAGE OF GLENVIEW, ILLINOIS CORPORATE FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $ 686,400.87 Property Taxes Receivable - 1978 Levy $ 612,571.11 Allowance for Uncollectible Taxes (63,345.00) 549,226.11 Property Taxes Receivable - Delinquent $ 199,087.05 Allowance for Uncollectible Delinquent Taxes (199,087.05) Accounts Receivable 727,101.16 Interest Receivable 29,381.50 Due from Other Funds (Page 72) 166,408.07 $2,158,517.71 LIABILITIES AND FUND BALANCE Liabilities Accounts Payable $ 82,934.54 Due to Other Funds (Page 72) 133,276.07 Refundable Deposits 63,734.27 Reserve for Encumbrances 249,570.64 Total $ 529,515.52 Fund Balance (Page 20) 1,629,002.19 $2,158,517.71 The accompanying Notes to the Financial Statements are an integral part of all financial statements. 2o m VILLAGE OF GLENVIEW, ILLINOIS m CORPORATE FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, ! EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE m FOR THE YEAR ENDED APRIL 30, 1979 i Estimated I Revenues or Appropriations Actual Tax Levy - 1978 $1,025,000.00 $1,055,750.00 Provision for Uncollectible Taxes (63,345.00) Prior Years' Tax 39,589.72 · Municipal Sales Tax 1,028,500.00 1,323,204.93 Utility Tax 975,000.00 1,046,181.05 Illinois Income Tax 415,000.00 473,787.26 · Road and Bridge Tax 53,000.00 43,147.82 Traffic Fines 120,000.00 142,316.25 Interest on Investments 62,000.00 68,665.33 m Transfers From Other Funds 317,157.00 423,870.76 Intergovernmental Transfers 216,350.00 194,055.88 Parking Lot 12,000.00 - Miscellaneous 60,000.00 m Licenses (Page 91) 236,250.00 236,707.43 Permits (Page 91) 148,150.00 229,113.73 $4,668,407.00 $5,213,045.16 I Expenditures (Pages 92-107) $4,988,082.00 $4,976,144.20 { Excess (Deficiency) of Revenues over $ (319,675.00) $ 236,900.96 m Expenditures Fund Balance I May 1, 1978 $1,396,776.23 Prior Years' Adjustment (4,675.00) $1,392,101.23 m April 30, 1979 (Page 19) $1,629,002.19 1 ! ! I I ! ! I i I i I ! I I ! ! I I i ! I I I I I i I I I ! I I I I ! I I I I I I I I 444 ' ' 4 ' ' ........ 4~ g ~ I ! VILLAGE OF GLENVIEW, ILLINOIS LIBRARY FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $283,691.79 Property Taxes Receivable - 1978 Levy 257,223.09 Allowance for Uncollectible Taxes (26,605.00) Property Taxes Receivable - Delinquent 93,933.61 Allowance for Uncollectible Taxes - Delinquent (93,933.61) Accrued Interest Receivable 4,684.93 Due From Other Funds (Page 72) 14,717.23 $533,712.04 LIABILITIES AND FUND BALANCE Due to Other Funds (Page 72) $ 11,195.20 Fund Balance (Page 24) 522,516.84 $533,712.O4 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS LIBRARY FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES - APPROPRIATED AND ACTUAL · AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 I Estimated Revenues or Appropriations Actual I Revenues 1978 Tax Levy $405,000.00 $443,409.00 · Provision for Uncollectible Taxes (26,605.00) $405,000.00 $416,804.00 Prior Years' Taxes 12,201.54 Interest Earned 9,400.00 14,664.24 Miscellaneous Receipts/Grants-in-Aid - 3,156.31 Fines and Fees 10,000.00 35,146.50 Other Current Charges 51,190.00 8,523.83 · Donations - 2,280.22 $475,590.00 $492,776.64 Expenditures i Personnel Services $274,910.00 $272,150.50 Operations and Contractual Services 42,085.00 41,050.91 Materials and Supplies 73,800.00 75,483.93 Other Charges 20,810.00 16,022.46 Contingencies 1,000.00 Debt Service Charges 20,250.00 · Capital Outlay 54,410.00 48,279.12 $487,265.00 $452,986.92 Excess (Deficiency) of Revenues over Expenditures $(11,675.00) $ 39,789.72 Fund Balance May 1, 1978 $482,727.12 $522,516.84 I April 30, 1979 (Page 23) ! I 1 ! I 25 VILLAGE OF GLENVIEW, ILLINOIS FEDERAL REVENUE SHARING FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $44,424.85 Distributions Receivable 13,772.00 $58,196.85 FUND BALANCE Fund Balance $ 58,196.85 The accompanying Notes to the Financial Statements are an integral part of all financial statements. 27 VILLAGE OF GLENVIEW, ILLINOIS ILLINOIS MUNICIPAL RETIREMENT FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $ 143,083.54 Property Taxes Receivable - 1978 Levy $137,833.91 Allowance for Uncollectible Taxes (14,222.00) 123,611.9i Property Taxes Receivable - Delinquent $ 40,190.74 Allowance for Uncollectible Taxes - Delinquent (40,190.74) Due From Other Funds (Page 72) 1,346.35 $ 268,041.80 LIABILITIES AND FUND BALANCE Reserve for Unfunded Actuarial Deficiency $ 890,002.00 Fund Balance (Page 28) (621,960.20) $ 268,041.80 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS ILLINOIS MUNICIPAL RETIREMENT FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Estimated Revenues or Appropriations Actual Revenues 1978 Tax Levy $185,893.00 $ 236,739.00 Provision for Uncollectible Taxes (14,222.00) $185,893.00 $ 222,517.00 Prior Year Taxes 6,280.86 Transfer From Other Funds 37,600.00 37,600.00 Employee Deductions 151,363.27 Miscellaneous 6,000.00 - '$229,493.00 $ 417,761.13 Expenditures · Participating $197,435.00 $ 389,741.58 Non-Participating 9,700.00 21,421.18 Miscellaneous Charges 23,000.00 - $230,135.00 $ 411,162.76 Excess (Deficiency) of Revenues over Expenditures $ (642.00) $ 6,598.37 Fund Balance May 1, 1978 $(187,012.57) (441,546.00) Increase in Actuarial Deficiency $(628,558.57) April 30, 1979 (Page 27) $(621,960.20) 29 VILLAGE OF GLENVIEW, ILLINOIS MOTOR FUEL TAX FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $798,583.98 Allotments Receivable 24,619.30 Interest Receivable 17,900.40 $841,103.68 FUND BALANCE Fund Balance (Page 30) $841,103.68 , The accompanying Notes to the Financial Statements are an integral part of all financial statements. ! 30 · VILLAGE OF GLENVIEW, ILLINOIS I MOTOR FUEL TAX FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, B EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE · FOR THE YEAR ENDED APRIL 30, 1979 Estimated i Revenues or Appropriations Actual Revenues ! Allotments Earned $ 366,000.00 $377,028.88 Interest Earned 21,000.00 59,776.51 · Miscellaneous Revenue 340.55 $ 387,000.00 $437,145.94 Expenditures I Maintenance $ 250,308.00 $305,916.53 Mass Transit 3,950.00 3,920.00 Storm Sewer 26,363.99 B Fau/Harlem Central 302,743.00 40,743.47 Concrete Testing 7,105.83 Lindenleaf Storm Sewer 6,262.58 · Bid Notice 5.88 Chestnut/Greenwood/W. Lake 2,500.00 Pavement Evaluation 5,000.00 7,500.00 Linneman Street/Washington Street 140,000.00 3,859.20 · Club Circle 170,000.00 Washington Street C/G 1,448.00 $ 872,001.00 $405,625.48 ! Excess (Deficiency) of Revenues · over Expenditures $(485,001.00) $ 31,520.46 Fund Balance I May i, 1978 $809,583.22 April 30, 1979 (Page 29) $841,103.68 I ! ! i 1 ! I I ! I I I I I I I ! ! ! I I DEBT SEIWICE FUNDS ! ! ! I I I ! i I I i I I I I ! ! I I ! I I 31 VILLAGE OF GLENVIEW, ILLINOIS DEBT SERVICE FUND COMBINED BALANCE SHEET APRIL 30, 1979 Total (Memorandum Debt Public Only) Service Benefit ASSETS Cash and Investments $ 622,910.93 $ 622,910.93 Property Taxes Receivable - 1978 Levy 161,883.44 161,883.44 Allowance for Uncollectible Taxes (16,754.00) (16,754.00) Due from Other Funds 561,941.73 543,893.17 $18,048.56 $1,329,982.10 $1,311,933.54 $18,048.56 LIABILITIES AND FUND BAIJhNCE Bonds Payable $ 620,000.00 $ 620,000.00 Due to Other Funds 139,629.70 130,583.65 $ 9,046.05 Interest Payable 319,557.67 319,557.67 Fund Balance 250,794.73 241,792.22 9,002.51 $1,329,982.10 $1,311,933.54 $18,048.56 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS DEBT SERVICE FUND COMBINED STATEMENT OF REVENUES, EXPENDITURES ~ND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Debt Public Total Service Benefit Revenues 1978 Tax Levy $ 279,237.00 $ 279,237.00 Provision for Uncollectible Taxes (16,754.00) (16,754.00) Prior Years Taxes 16,728.41 16,728.41 Transfers from Other Funds 541,738.00 541,738.00 $ 820,949.41 $ 820,949.41 $ - Expenditures Principal and Interest $ 937,402.50 $ 937,402.50 Bank Charges 393.61 393.61 $ 937,796.11 $ 937,796.11 $ - Excess of Revenues over Expendi- tures $(116,846.70) $(116,846.70) Fund Balance May 1, 1978 $ 250,203.93 $ 241,201.42 $9,002.51 Prior Year Adjustment 117,437.50 117,437.50 .$ 367,641.43 $ 358,638.92 $9,002.51 April 30, 1979 $ 250,794.73 $ 241,792.22 $9,002.51 VILLAGE OF GLENVIEW, ILLINOIS PUBLIC BENEFIT FUND BALANCE SHEET APRIL 30, 1979 ASSETS Due from Other Funds (Page 72) $18,048.56 LIABILITIES AND FUND BALANCE Due to Other Funds (Page 72) $ 9,046.05 Fund Balance (Page 36) 9,002.51 $18,048.56 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS PUBLIC BENEFIT FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE FOR THE YE~dt ENDED APRIL 30, 1979 Estimted Revenues or Appropriations Actual Revenue - Expenditure - Excess of Revenues over Expenditures - Fund Balance May 1, 1978 $9,002.51 April 30, 1979 (Page 35) $9,002.51 CAPITAL PROJECTS FUNDS I I I I I I I I I I I I I ! I I I I I 37 VILLAGE OF GLENVIEW, ILLINOIS CAPITAL PROJECTS FUNDS COMBINED BALANCE SHEET APRIL 30, 1979 Village Hall Public Works Construction Garage Total Fund Fund ASSETS Cash and Investments $1,862,376.76 $1,682,784.34 $179,592.42 Interest Receivable 25,623.29 21,408.29 4,215.00 $1,888,000.05 $1,704,192.63 $183,807.42 LIABILITIES AND FUND BALANCE Due To Other Funds $ 2,155.17 $ 2,155.17 Fund Balance 1,885,844.88 1,702,037.46 $183,807.42 $1,888,000.05 $1,704,192.63 $183,807.42 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS CAPITAL PROJECTS FUNDS COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Village Hall Public Works Construction Garage Total Fund Fund Revenues Proceeds of Bond Issue $ 950,000.00 $ 950,000.00 Interest Income 61,113.83 44,079.42 $ 17,034.41 Transfer from Other Funds 729,365.00 559,365.00 170,000.00 $1,740,478.83 $1,553,444.42 $187,034.41 Expenditures Contractual Services $ 103,415.18 $ 102,271.26 $ 1,143.92 Other Costs 148,108.77 485.70 147,623.07 $ 251,523.95 $ 102,756.96 $148,766.99 Excess (Deficiency) of Revenues over Expenditures $1,488,954.88 $1,450,687.46 $ 38,267.42 Fund Balance May 1, 1978 $ 351,890.00 $ 251,350.00 $100,540.00 Prior Years' Adjustment 45,000.00 45,000.00 $ 396,890.00 $145,540.00 April 30, 1979 $1,885,844.88 $1,702,037.46 $183,807.42 39 VILLAGE OF GLENVIEW, ILLINOIS VILLAGE HALL CONSTRUCTION FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $1,682,784.34 Accrued Interest Receivable 21,408.29 $1,704,192.63 LIABILITIES AND FUND BALANCE Due To Other Funds (Page 72) $ 2,155.17 Fund Balance (Page 40) 1,702,037.46 $1,704,192.63 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS VILLAGE HALL CONSTRUCTION FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Estimated Revenues Actual Revenues Bond Proceeds $250,000.00 $ 950,000.00 Transfer from Corporate Fund 250,000.00 Transfer from Federal Revenue Sharing Fund 309,365.00 Interest Earned 44,079.42 .$250,000.00 $1,553,444.42 Expenditures Contractual Services $ 102,271.26 Other Costs 485.70 $ 102,756.96 Excess of Revenues over Expenditures $1,450,687.46 Fund Balance May 1, 1978 $ 251,350.00 April 30, 1979 (Page 39) $1,702,037.46 VILLAGE OF GLENVIEW, ILLINOIS PUBLIC WORKS GARAGE FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $179,592.42 Accrued Interest Receivable 4,215.00 $183,807.42 FUND BALANCE Fund Balance (Page 42) $183,807.42 The accompanying Notes to the Financial Statements are an integral part of all financial statements. PROPRIETARY FUND TYPES I I I I I I I I I I I I I I I [ I i I VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBgR ONE OPERATIONS AND MAINTENANCE ACCOUNT ANALYSIS OF CHANGES IN CONTRIBUTIONS AND RETAINED EARNINGS FOR THE YEAR ENDED APRIL 30, 1979 Municipal Retained Contributions Earnings Increases $ 144,549.74 Transfers from Restricted Accounts $ 144,549.74 Decreases Net Loss (Page 49) $ 49,952.90 Transfers to Restricted 31,500.00 Accounts Transfer of Principal to Debt Service $ 40,000.00 $ 40,000.00 $ 81,452.90 Net Increase (Decrease) $(40,000.00) $ 63,096.84 Account Balance May 1, 1978 $325,000.00_ $3,600,449.75 127,000.00 Prior Years' Adjustment - Encumbrances $325,000.00 $3,727,449.75 April 30, 1979 (Page 47) $285,000.00 $3,790,546.59 5o VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER ONE STATEMENT OF CHANGES IN RESTRICTED ACCOUNTS FOR THE YEAR ENDED APRIL 30, 1979 Depreciation, Bond Extension Principal and Bond and Interest Improvement Reserve Increases Interest Earned $ 4,032.27 $ 6,642.00 Transfers from Operations and Maintenance $69,070.00 24,000.00 7,500.00 Transfers From Waterworks and 75,000.00 Sewerage Fund Number Two '$69,070.00 $103,032.27 $ 14,142.00 Decreases Transfers to Operations and Maintenance $69,070.00 $144,549.74 Capital Outlay $69,070.00 $144,549.74 $ Net Increase (Decrease) $ - $(41,517.47) $ 14,142.00 Account Balance May 1, 1978 $ - $ 71,941.55 $218,600.02 April 30, 1979 (Page 47) $ - $ 30,424.08 $232,742.02 51 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER ONE OPERATIONS AND MAINTENANCE ACCOUNT STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YF~MR ENDED APRIL 30, 1979 Cash Was Provided By Operations Net Loss (Page 49) $(49,952.90) Add Back Depreciation 129,106.00 $ 79,153.10 Decrease in Accounts Receivable 11,600.71 Transfer Fixed Assets from Restricted Accounts 144,549.74 Prior Period Adjustments 127,000.00 Decrease In Due From Other Funds 217,382.59 Increase In Due To Other Funds 199,581.15 $779~267.29 Cash Was Used To Transfer To Restricted Accounts $ 31,500.00 Purchase Fixed Assets 150,168.12 Decrease in Accounts Payable 1,961.89 Decrease in Bonds Payable 90,000.00 Increase Accrued Interest Receivable 12,893.16 Decrease Reserve For Encumbrances 133,327.00 $419,850.17 Net Increase $359,417.12 Cash and Investments May 1, 1978 $460,495.66 April 30, 1979 (Page 47) $819,912.78 53 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER TWO BALANCE SHEET APRIL 30, 1979 ASSETS Current Assets Cash and Investments (Page 86) $ 707,686.50 Accounts Receivable 150,826.52 Interest Receivable 28,782.54 Due From Other Funds (Page 72) 117,437.50 Fixed Assets Cost $3,906,856.50 Accumulated Depreciation 154,779.00 3,752,077.50 $4,756,8!0.56 LIABILITIES, CONTRIBUTIONS AND RETAINED EARNINGS Current Liabilities Due to Other Funds (Page 72) $ 396,214.36 Contributions 4,375,000.00 Retained Earnings (Page 54) (14,403.80) $4,756,810.56 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER TWO STATEblENT OF CHANGES IN CONTRIBUTIONS AND RETAINED EARNINGS FOR THE YEAR ENDING APRIL 30, 1979 Retained Contributions Earnings Increases Net Income (Page 55) $ 455,152.24 Decreases Transfer of Principal to Debt Service Fund $ 150,000.00 Net Increase (Decrease) $ (150,000.00) $ 455,152.24 Account Balance May 1, 1978 $4,525,000.00 $(498,448.41) Prior Year Adjustment - Accrued Interest On Bond Proceeds 28,892.37 $4,525,000.00 $(469,556.04) April 30, 1979 (Page 53) $4,375,000.00 $ (14,403.80) VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER TWO STATEMENT OF INCOME AND EXPENSES - BUDGETED AND ACTUAl, FOR THE YEAR ENDED APRIL 30, 1979 Budget Actual Operating Income Water and Sewer Charges $1,080,000.00 $1,034,345.57 Water Connection Charges 200,850.00 113,766.00 Water Meters and Remote Readers 61,311.00 24,865.00 Brass Fittings 3,000.00 1,404.O0 Water for Construction 5,000.00 4,133.25 Turn on Charges 3,500.00 1,810.00 .~.1,353,661.00 $1,180,323.82 Operating Expenses Excluding Depreciation (Pages 111-112) Water Administration $ 228,572.00 $ 144,324.89 Waterworks Operations and Maintenance 127,399.00 48,483.08 Pumping Station 235,339.00 200,072.42 Distribution 115,128.00 30,717.95 Net Operating Income before Depreciation $ 706,438.00 $ 423,598.34 $ 647,223.00 $ 756,725.48 Depreciation 84,779.00 Net Operating Income $ 647,223.00 $ 671,946.48 Add Non-Operating Income Miscellaneous Interest Earned $ 41,500.00 $ 45,356.91 42,000.00 47,723.85 $ 83,500.00 $ 93,080.76 Less Non-Operating Expense Transfer to Debt Service Fund - Interest $ 352,313.00 $ 234,875.00 Transfer To Waterworks and Sewerage Fund Number One - Depreciation, Extension, and Improvements Account 75,000.00 $ 309,875.00 Net Income (Page 54) $ 378,410.00 $ 455,152.24 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBgR TWO STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YEAR ENDED APRIL 30, 1979 Cash Was Provided By Operations Net Income $455,152.24 Add Back Depreciation 84,779.00 $539,931.24 Due To Other Funds 15,142.70 $555,073.94 Cash Was Used To Purchase Fixed Assets $ 18,344.86 Increase Receivables 127,296.16 Decrease Payables and Encumbrances 220,694.18 Decrease Contributions 150,000.00 Increase Due From Other Funds 117,437.50 J633,772.70 Net Increase (Decrease) $(78,698.76) Cash and Investments May 1, 1978 786'385'26 April 30, 1979 (Page 53) $707,686.50 VILLAGE OF GLENVIEW, ILLINOIS COMMUTER PARKING LOT FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $31,681.13 Leasehold Improvements $104,271.51 Accumulated Amortization (62,524.66) 41,746.85 $73,427.98 LIABILITIES AND FUND BALANCE Due to Other Funds $ 4,585.43 Retained Earnings (Page 59) 68,842.55 $73,427.98 Thefinancial accompanying statements. Notes to the Financial Statements are an integral part of all 59 VILLAGE OF GLENVIEW, ILLINOIS COMMUTER PARKING LOT FUND STATEMENT OF INCOME AND EXPENSE - BUDGETED AND ACTUAL AND CHANGES IN RETAINED EARNINGS FOR THE YEAR ENDED APRIL 30, 1979 Budget Actual Revenues Mater Fees $ - $35,506.25 Interest Earned - 809.96 $36,316.21 Expenditures Materials and Supplies $ - $ 3,734.49 Net Operating Income before Amortization $ $32,581.72 Provision for Amortization $ 5,964.00 Net Operating Income $26,617.72 Retained Earnings May 1, 1978 $42,224.83 April 30, 1979 (Page 58) $68,842.55 VILLAGE OF GLENVIEW, ILLINOIS COMMUTER PARKING LOT FUND STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YEAR ENDED APRIL 30, 1979 Cash Was Provided By Operations Net Income $26,617.72 Add Back Depreciation 5,964.00 $32,581.72 Cash Was Used To Repay Advance from Corporate Fund 6,972.26 Net Increase in Cash and Investments $25,609.46 Cash and Investments May 1, 1978 6,071.67 April 30, 1979 (Page 58) $31,681.13 AND AGENCY I I I I I I I I I I I I I I I I I I I I 63 VILLAGE OF GLENVIEW, ILLINOIS POLICE PENSION FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $ 1,515,240.94 Property Taxes Receivable - 1978 Levy $76,447.39 Allowance for Uncollectible Taxes 7,910.00 68,537.39 Property Taxes Receivable - Delinquent $17,223.12 Allowance for Uncollectible Taxes - Delinquent 17,223.12 - Accrued Interest Receivable 34,312.70 Due from Other Funds (Page 72) 10,614.25 $ 1,628,705.28 LIABILITIES AND FUND BALANCE Reserve for Unfunded Actuarial Deficiency $ 3,546,543.00 Fund Balance (Page 64) (1,917,837.72) $ 1,628,705.28 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS POLICE PENSION FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Estimated Revenues or Appropriations Actual Revenues 1978 Tax Levy $105,198.00 $ 131,833.00 Provision for Uncollectible Taxes (7,910.00) $105,198.00 $ 123,923.00 Prior Year's Taxes 2,867.90 Employees' Contributions 99,740.93 Interest Income 81,500.00 109,222.51 Donations - Police Pension 75,000.00 225.00 Other - Budget Transfer 10,673.00 $261,698.00 $ 346,652.34 Expenditures Separation Refunds $ 35,250.00 $ 5,432.63 Pensions Paid 122,394.00. 118,785.88 Miscellaneous - Contractual Professional Services - 180.00 $157,644.00 $ 124,398.51 Excess of Revenues over Expenditures $104,054.00 $ 222,253.83 Fund Balance May 1, 1978 (2,140,091.55) April 30, 1979 (Page 63) $(1,917,837.72) VILLAGE OF GLENVIEW, ILLINOIS FIREMEN'S PENSION FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $ 919,500.69 Property Taxes Receivable - 1978 Levy $53,748.18 Allowance for Uncollectible Taxes 5,566.00 48,182.18 Property Taxes Receivable - Delinquent $11,678.41 Allowance for Uncollectible Taxes - Delinquent 11,678.41 - Accrued Interest Receivable 25,626.31 Due from Other Funds (Page 72) 8,056.16 $1,001,365.34 LIABILITIES AND FUND BALANCE Due to Other Funds (Page 72) $ 5,241.22 Reserve for Unfunded Actuarial Deficiency 863,172.00 Fund Balance (Page 66) 132,952.12 $1,001,365.34 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS FIREMEN'S PENSION FUND STATEMENT OF REVENUES - ESTIMATED AND ACTUAL, EXPENDITURES - APPROPRIATED AND ACTUAL AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1979 Estimated Revenues or Appropriations Actual Revenues 1978 Tax Levy $ 67,554.00 $ 92,772.00 Provision for Uncollectible Taxes - (5,566.00) $ 67,554.00 $ 87,206.00 Prior Year's Taxes 1,793.10 Employees' Contributions 58,800.00 57,421.34 Interest Income 44,500.00 60,188.77 Foreign Fire Insurance Tax 12,000.00 16,773.86 Donations - 75.00 From Corporate Fund 7,000.00 7,756.00 $189,854.00 $ 231,214.07 Expenditures Separation Refunds $ - $ 7,780.31 Pensions Paid 1,763.00 20,959.26 Contractual Professional Services 2,850.00 873.69 $ 4,613.00 $ 29,613.26 Excess of Revenues over Expenditures $185,241.00 $ 201,600.81 Fund Balance l~ay 1, 1978 $ 66,832o31 Prior Year Adjustment Re¢lasstficat±on of A~ounts to be Derived from Futuro Tax Levies Increase in Actuarial Deficiency (135,481.00) $ (68,648.69) April 30, 1979 (Page 65) $ 132,952.12 VILLAGE OF GLENVIEW, ILLINOIS ESCROW DEPOSIT FUND BALANCE SHEET APRIL 30, 1979 ASSETS Cash and Investments (Page 86) $2,626,676.70 Accrued Interest Receivable 53,442.92 $2,680,119.62 LIABILITIES Refundable Deposits $2,538,208.08 Due to Other Funds (Page 72) 141,911.54 $2,680,119.62 The accompanying Notes to the Financial Statements are an integral part of all financial statements. VILLAGE OF GLENVIEW, ILLINOIS ESCROW DEPOSIT FUND STATEMENT OF REVENUES AND EXPENDITURES FOR THE YEAR ENDED APRIL 30, 1979 Actual Interest Earned $141,911.54 Expenditure Transfer to Corporate Fund $141,911.54 Excess of Revenues over Expenditures $ - i I ! i I I I ! ! I I I i I I I ACCOUNT GllOUP S ! ! ! i I I I I ! I i I ! I I I I I I I ! ! GENEKAL FIXED ASSETS ACCOUNT GROUP i i I ! I I I I I I i I ! i I I I ! I VILLAGE OF GLENVIEW, ILLINOIS GENERAL FIXED ASSETS ACCOUNT GROUP APRIL 30, 1979 May 1, 1978 Additions Deletions April 30, 1979 GENERAL FIXED ASSETS Village Hall $ 384,740.41 $ 384,740.41 Parking Lot 112,142.20 $ 90,801.39 202,943.59 Library 1,386,988.43 23,109.04 1,410,097.47 Police and Fire Depart- ment 3,468,747.27 78,094.41 3,546,841.68 Public Works Depart- ment 633,961.93 102,687.38 736,649.3i Transmitter Station 5,004.50 5,004.50 Sidewalks 96,433.92 96,433.92 Depot Street Land 110,000.00 i10,000.00 Harmony Lane Land 4,676.00 4,676.00 Recycling Center 5,340.40 5,340.40 Butler Land 90,000.00 90,000.00 Rustive Manor Land 118,839.00 118,839.00 Techny Retention Basin 60,000.00 172,500.00 232,500.00 Land Acquisition Public Works Garage 358,964.63 358,964.63 Construction Site General Government Departments 10,293.38 10,293.38 Construction In Progress: New Village Hall 102,756.96 102,756.96 Public Works Garage 1,143.92 1,143.92 $6,476,874.06 $940,351.11 $ - $7,417,225.17 I ! I I I I I I I I I I I I I I I I I I I I I I I I I I I I I i I I I GENE~AL LONG-TERM DEBT ACCOUNT GROUP i I I I I I I I I I I I I I I I I I I i I I I i I I I I I I I i I I I i i I AUDITORS~ REPORT - SUPPLEMENTARY DATA I I I I I I i I I I I I I I I I I i I 72 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INTERFUND ACCOUNTS APRIL 30, 1979 Due From Due To Corporate Fund Commuter Parking Lot Fund $ 4,585.43 Waterworks and Sewerage Fund Number One 8,566.15 Waterworks and Sewerage Fund Number Two 11,339.36 Debt Service Fund 5.59 $ 101,563.00 Escrow Deposit Fund 141,911.54 Library Fund 13,664.51 Public Benefit Fund 18,048.56 $ 166,408.07 $ 133,276.07 Special Revenue Funds Library Fund Corporate Fund $ 13,664.51 Debt Service Fund 1,052.72 Police Pension Fund $ 4,111.53 Fire Pension Fund 7,083.67 $ 14,717.23 $ 11,195.20 Illinois Municipal Retirement Fund Debt Service Fund $ 1,346.35 Debt Service Fund Corporate Fund $ 101,563.00 $ 5.59 Illinois Municipal Retirment Fund 1,346.35 Library Fund 1,052.72 Sewerage Fund Waterworks and Number One 55,300.00 8,507.50 Waterworks and Sewerage Fund Number Two 384,875.00 117,437.50 Police Pension Fund 1,261.50 Fire Pension Fund 972.49 Village Hall Construction Fund 2,155.17 $ 543,893.17 $ 130,583.65 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INTERFUND ACCOUNTS APRIL 30, 1979 Due From Due To Public Benefit Fund Corporate Fund $ 18,04~.56 Special Assessment Fund $ 9,046.05 $ 18,04~.56 $ 9,046.05 Capital Projects Funds Village Hall Construction Fund Debt Service Fund $ 2,155.17 Special Assessment Fund Public Benefit Fund $ 9,046.05 Proprietary Fund Types - Enterprise Waterworks and Sewerage Fund Number One Corporate Fund $ 8,566.15 Water/Sewer - Principal, Interest, and Bond Reserve 187,730.00 Debt Service Fund $ 8,507.50 55,300.00 $ 8,507.50 $ 251,596.15 Principal, Interest and Bond Reserve Waterworks and Sewerage Fund Number One $ 187,730.00 Waterworks and Sewerage Fund Number Two Corporate Fund $ 11,339.36 Debt Service Fund $ 117,437.50 384,875.00 $ 117,437.50 $ 396,214.36 Commuter Parking Lot Fund Corporate Fund $ 4,585.43 Trust and Agency Funds Police Pension Fund Fire Pension Fund $ 5,241.22 Debt Service Fund 1,261.50 Library Fund 4,111.53 ~ 10,614.25 74 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INTERFUND ACCOUNTS APRIL 30, 1979 Due From Due To Trust and Agency Funds (Continued) Fire Pension Fund Police Pension Fund $ 5,241.22 Debt Service Fund $ 972.49 Library Fund 7,083.67 $ 8,056.16 $ 5,241.22 Escrow Deposit Fund Corporate Fund $ 141,911.54 $1,085,804.84 $1,085,804.84 76 VILLAGE O¥ GLENVIEW, ILLINOIS STATEMENT OF LEGAL DEBI PL~RGIN APRIL 30, 1979 There is no legal debt limit for home rule municipalities in Illinois. Article VII, Section 6(k) of the 1970 Illinois Constitution governs computa- tion of the Legal Debt Margin. "The General Assembly may limit by law the amount and require referendum approval of debt to be incurred by home rule municipalities, payable from ad valorem property tax receipts, only in excess of the following percentages of the assessed value of its taxable property...(2) if its population is more than 25,000 and less than 500,000, an aggregate of one percent;... indebtedness which is outstanding on the effective date (July 1, 1971) of this constitution or which is thereafter approved by referendum...shall not be included in the foregoing percentage amounts." To date the General Assembly has set no limits for home rule municipalities. 78 VILLAGE OF GLENVIEW~ ILLINOIS LONG-TERM DEBT REQUIREMENTS POLICE ADMINSITRATION BUILDING BONDS OF 1972 APRIL 30, 1979 Date of Issue December 1, 1972 Date of Maturity January 1, 1990 Authorized Issue $1,400,000.00 Actual Issue $1,400,000.00 Denomination of Bonds $5,000.00 Interest Rate Bonds 1-280 - 7% Interest Dates July 1 and January 1 Principal Maturity Date January 1 Northern Trust Payable at CURRENT ~2qD FUTURE BOND AND INTEREST REQUIREMENTS Tax Levy Tax Levy Coupons Due on Year Prinicpal Interest Total July 1 Amount Jan. 1 Amount 1978 $ 90,000.00 $ 54,790.00 $ 144 790.00 1979 $27,395.00 1980 $27,395.00 1979 95,000.00 50,740.00 145740.00 1980 25,370.00 1981 25,370.00 1980 100 000.00 46,465.00 146~465.00 1981 23,232.50 1982 23,232.50 1981 i00 000.00 41,965.00 141.965.00 1982 20,982.50 1983 20,982.50 1982 110 000.00 37,465.00 147.465.00 1983 18,732.50 1984 18,732.50 1983 115 000.00 32,515.00 147~515.00 1984 16,257.50 1985 16,257.50 1984 120 000.00 27,225.00 147 225.00 1985 13,612.50 1986 13,612.50 1985 125 000.00 21,525.00 146.525.00 1986 10,762.50 1987 10,762.50 1986 125 000.00 15,587.00 140.587.00 1987 7,793.50 1988 7,793.50 1987 100 000.00 9,650.00 109.650.00 1988 4,825.00 1989 4,825.00 1988 100 000.00 4,900.00 104 900.00 1989 2,450.00 1990 2,450.00 $1,180,000.00 342,827.00 $1,522,827.00 $ 90,000.00 $ 54,790.00 $ 144,790.00 - Current Portion - Debt Service Fund 1,090,000.00 288,037.00 1,378,037.00 - Long-Term Portion - General Long- Term Debt Account Group $1,180,000.00 $342,827.00 $1,522,827.00 VILLAGE OF GLENVIEW, ILLINOIS LONG-TERM DEBT REQUIREMENTS PUBLIC LIBRARY PARKING LOT BONDS OF 1976 APRIL 30, 1979 Date of Issue July 1, 1976 Date of Maturity Ocotber 1, 1981 Authorized Issue $200,000.00 Denomination of Bonds 1 to 5 - $40,000.00 Interest Rate 5-1/8% Interest Dates October 1 and April 1 Principal Maturity Dates October 1 Payable at Northern Trust CURRENT AND FUTURE BOND AND INTEREST LEVY REQUIREMENTS Tax Levy Tax Levy Coupons Due on Year Principal Interest Total Oct 1 Amount April 1 Amount 1978 $ 40,000.00 $5,125.00 $ 45,125.00 1979 $3,075.00 1980 $2,050.00 1979 40,000.00 3,075.00 43,075.00 1980 2,050.00 1981 1,025.00 1980 40,000.00 1,025.00 41,025.00 1981 1,025.00 $120,000.00 $9,225.00 $129,225.00 $ 40,000.00 $5,125.00 $ 45,125.00 - Current Portion - Debt Service Funds 80,000.00 4,100.00 84,100.00 - Long-Term Portion - General Long- Term Debt Account Group $120,000.00 $9,225.00 $129,225.00 VILLAGE OF GLENVIEW, ILLINOIS LONG-TERM DEBT REQUIREMENTS CORPORATE PURPOSE BOND SERIES OF 1976 APRIL 30, 1979 Date of Issue September i, 1976 Date of Maturity January 1, 1986 Authorized Issue $385,000.00 Actual Issue $385,000.00 Denomination of Bonds 1 to 77 - $5,000.00 Interest Rate Bonds 1 to 12 - 4.90% Bonds 13 to 47 - 4.60% Bonds 48 to 67 - 4.80% Bonds 68 to 77 - 4.90% Interest Dates January 1 and July 1 Principal Maturity Date January 1 Payable at The Northern Trust Company, Chicago, Illinois Bond Redeemable Annually on Numbers January 1 Amount 13-28 1980-81 $40,000.00 $ 80,000.00 29-37 1982 45,000.00 45,000.00 38-77 1983-86 50,000.00 200,000.00 $325,000.00 CURRENT AND FUTURE BOND AND INTEREST REQUIREMENTS Year Ended Tax Levy Coupons Due on April 30 Principal Interest Total July 1 Amount Jan. 1 Amount 1980 $ 40,000.00 $15,300.00 $ 55,300.00 1979 $7,650.00 1980 $7,650.00 1981 40,000.00 13,460.00 53,460.00 1980 6,730.00 1981 6,730.00 1982 45,000.00 11,620.00 56,620.00 1981 5,810.00 1982 5,810.00 1983 50,000.00 9,550.00 59,550.00 1982 4,775.00 1983 4,775.00 1984 50,000.00 7,250.00 57,250.00 1983 3,625.00 1984 3,625.00 1985 50,000.00 4,850.00 54,850.00 1984 2,425.00 1985 2,425.00 1986 50,000.00 2,450.00 52,450.00 1985 1,225.00 1986 1,225.00 $325,000.00 $64,480.00 $389,480.00 $ 40,000.00 $15,300.00 $ 55,300.00 - Current Portion - Debt Service Fund 285,000.00 49,180.00 334,180.00 - Long-Term Portion - General Long- Term Debt Account Group $325,000.00 $64,480.00 $389,480.00 ooooooooooooooooooo q q~ ooqoo~ooo ooooooooo q ooooooooooooooooooo § ~ § i ~l ioooooooooooooooooo oo I °°°°°°°°°11 °°°°°~°°°° oq~o~oooo 82 VILLAGE OF GLENVIEW, ILLINOIS LONG-TERM DEBT REQUIREMENTS FIRE STATION BUILDING BONDS OF 1974 APRIL 30, 1979 Date of Issue June 1, 1964 Date of Maturity June 1, 1979 Authorized Issue $600,000.00 Actual Issue $600,000.00 Denomination of Bonds $5,000.00 Interest Rate 4.875% Interest Dates June 1 and December 1 Principal Maturity Date June 1 Payable at Northern Trust CURRENT BOND AND INTEREST LEVY REQUIREMENTS Tax Levy Tax Levy Coupons Due on Year Principal Interest Total June 1 Amount Dec. 1 Amount 1978 $300,000.00 $7,312.50 $307,312.50 1979 $7,312.50 $300,000.00 $7,312.50 $307,312.50 - Current Portion - Debt Service Fund VILLAGE OF GLENVIEW, ILLINOIS LONG-TERM DEBT REQUIREMENTS MUNICIPAL BUILDING BONDS, SERIES 1979 APRIL 30, 1979 Date of Issue April 1, 1979 Date of Maturity January 1, 1991 Authorized Issue $950,000.00 Actual Issue $950,000.00 Denomination of Bonds ! - 190 - $5,000.00 Interest Rates Bonds I - 70 - 5.30% Bonds 71 - 160 - 5.40% Bonds 161 - 190 - 5.50% Interest Dates July 1 and January 1 Principal Maturity Date January 1 Payable at Amalgamated Trust and Savings Bank Chicago, Illinois Bond Redeemable Annually on Numbers January 1 Amount 1-30 1982-84 $ 50,000.00 $150,000.00 31-130 1985-89 100,000.00 500,000.00 131-190 1990-91 150,000.00 300,000.00 $950,000.00 CURRENT AND FUTURE BOND AND INTEREST REQUIREMENTS Tax Levy Tax Levy Coupons Due on Year Prinicpal Interest Total July 1 Amount Jan. 1 Amount $ 38,250.00 *$ 38,250.00 1980 $38,250.00 1979 51,100.00 * 51,100.00 1980 $25,550.00 1981 25,550.00 1980 $ 50,000.00 51,100.00 101,100.00 1981 25,550.00 1982 25,550.00 1981 50,000.00 48,450.00 98,450.00 1982 24,225.00 1983 24,225.00 1982 50,000.00 45,800.00 95,800.00 1983 22,900.00 1984 22,900.00 1983 100 000.00 43,150.00 143 150.00 1984 21,575.00 1985 21,575.00 1984 100.000.00 37,850.00 137 850.00 1985 18,925.00 1986 18,925.00 1985 100.000.00 32,550.00 132 550.00 1986 16,275.00 1987 16,275.00 1986 100 000.00 27,150.00 127 150.00 1987 13,575.00 1988 13,575.00 1987 100 000.00 21,750.00 121 750.00 1988 10,875.00 1989 10,875.00 1988 150000.00 16,350.00 166 350.00 1989 8,175.00 1990 8,175.00 1989 150000.00 8,250.00 158 250.00 1990 4,125.00 1991 4,125.00 $ 950,000.00 $421,750.00 $1,371,750.00 - General Long-Term Debt Account Group · Three interest payments 1979 levy year only. I VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INVEStmENTS AND SAVINGS APRIL 30, 1979 Maturity Due Rate Date Amount Corporate Fund Passbook - Glenview State Bank - Commingled Account 5.000 - $ (426,049.13) Certificate Of Deposit Glenview State Bank 9.625 5/30/79 450,000.00 Glenview Guaranty Savings and Loan 10.600 3/30/79 100,000.00 Glenview Guaranty Saving and Loan 9.000 9/05/79 250,000.00 Cragin Federal Savings 9.125 7/03/79 200,000.00 Cragin Federal Savings 11.000 7/31/79 100,000.00 $ 673,950.87 Special Revenue Funds Library Fund Passbook - Glenview State Bank 5.000 $ 50,518.09 Certificate Of Deposit Glenview State Bank 11.250 5/30/79 100,000.00 Glenview State Bank 10.000 7/30/79 100,000.00 $ 250,518.09 Federal Revenue Sharing Passbook - Glenview State Bank - Commingled Account 5.000 $ 44,424.85 Illinois Municipal Retirement Fund Passbook - Glenview State Bank - Commingled Account 5.000 - $ 143,083.54 Motor Fuel Tax Fund Passbook - Glenview State Bank 5.000 - $ 98,483.98 Certificates of Deposit Glenview State Bank 11.125 6/12/79 100,000.00 Glenview State Bank 11.375 7/10/79 i00,000.00 Glenview State Bank 11.375 7/10/79 100,000.00 Glenview State Bank 11.375 7/10/79 100,000.00 Glenview State Bank 10.000 7/30/79 100,000.00 Glenview Guaranty Savings and Loan 9.950 5/08/79 100,000.00 Glenview Guaranty Savings and Loan 10.600 5/08/79 100,000.00 $ 798,483.98 Debt Service Fund Passbook - Glenview State Bank - Commingled Account 5.000 - $ 622,910.93 Capital Projects Fund Village Hall Construction Fund Passbook Glenview State Bank 5.000 - $ 377,574.62 Certificates Of Deposit Glenview State Bank 9.875 6/16/79 200,000.00 Glenview State Bank 10.325 8/16/79 200,000.00 Glenview State Bank 10.525 10/16/79 550,000.00 Glenview Guaranty Savings and Loan 8.875 7/05/79 100,000.00 Glenview Guaranty Savings and Loan 8.875 7/17/79 150,000.00 Amalgamated Trust and Savings 5.500 12/31/79 38,325.00 $1,615,899.62 88 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INVESTMENTS AND SAVINGS APRIL 30, 1979 Maturity Due Rate Date Amount Capital Project Funds (cont.) Public Works Garage Fund Certificates Of Deposit Cragin Federal Saving 8.750 7/18/79 $ 170,000.00 Special Assessment Fund Passbook - 1st Trust and Savings Bank of Gienview 5.000 $ 80,972.62 Certificates Of Deposit Cragin Federal Saving 10.375 3/14/80 225,000.00 $ 305,972.62 Enterprise Funds Water and Sewer Operating Fund I Passbook - Glenview State Bank 5.000 - $ 107.13 Certificate Of Deposit Glenview State Bank 9.000 5/21/79 I00,000.00 Glenview State Bank 11.250 7/29/79 100,000.00 Glenview State Bank 10.125 10/26/79 200,000.00 Glenview Guaranty Savings and Loan 11.000 5/30/79 100,000.00 $ 500,107.13 Water and Sewer - Principal, Interest, and Reserve Passbook - Glenview State Bank 5.000 - $ 12,412.02 Water and Sewer Operating Fund II Passbook - Glenview State Bank 5.000 - $ 74,761.17 Certificates of Deposits Glenview State Bank 9.125 6/02/70 300,000.00 Cragin Federal Savings 7.125 6/03/79 100,000.00 Cragin Federal Savings 8.750 9/05/79 100,000.00 Glenview Guaranty Savings and Loan 10.600 3/31/79 100,000.00 $ 674,761.17 Commuter Parking Lot Fund Passbook - Glenview State Bank 5.000 - $ 31,581.13 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INVESTMENTS AND SAVINGS APRIL 30, 1979 ~turity Due Rate Date Amount Police Pension Fund Passbook - Glenview State Bank 5.000 - $ 33,135.72 Certificates Of Deposit Cragin Federal Savings 8.672 10/13/79 $26,126.58 Glenview Guaranty Savings and Loan 10.375 7/17/80 100,000.00 U.S. Treasury Bonds - Harris Trust 6.375 8/15/84 41,192.40 U.S. Treasury Bonds - Harris Trust 6.375 8/15/84 29,425.22 U.S. Treasury Bonds - Harris Trust 8.500 5/15/99 53,074.50 U.S. Treasury Bonds - Harris Trust 8.500 9/30/79 100,987.79 U.S. Treasury Bonds - Harris Trust 7.625 2/15/81 97,978.60 U.S. Treasury Bonds - Harris Trust 8.000 5/15/82 90,029.98 U.S. Treasury Bonds - Harris Trust 6.125 11/15/86 93,134.42 U.S. Treasury Bonds - Harris Trust 6.750 2/15/93 91,189.19 U.S. Treasury Bonds - Harris Trust 7.375 8/15/81 97,593.31 U.S. Treasury Bonds - Harris Trust 7.875 5/15/86 284,586.74 U.S. Treasury Bonds - Harris Trust 8.250 5/15/90 133,462.26 U.S. Treasury Bonds - Harris Trust 8.375 8/15/2000 243,242.19 $1,515,158.90 Fire Pension Fund Bank 5.000 - $ 64,690.46 Passbook Glenview State Passbook - Harris Bank and Trust 5.250 - 1,369.36 Certificates Of Deposits Cragin Federal Savings 8.380 5/17/79 100,000.00 Cragin Federal Savings 10.675 9/11/79 100,000.00 U.S. Treasury Bonds - Harris Trust 7.000 8/15/81 36,192.81 U.S. Treasury Bonds - Harris Trust 6.375 8/15/84 24,529.45 U.S. Treasury Bonds - Harris Trust 6.375 8/15/84 10,000.00 U.S. Treasury Bonds - Harris Trust 8.500 5/15/99 134,392.70 Bonds - Harris Trust 7.625 8/15/81 97,593.31 U.S. Treasury U.S. Treasury Bonds - Harris Trust 7.875 5/15/86 154,715.81 U.S. Treasury Bonds - Harris Trust 7.250 2/15/84 50,000.00 U.S. Treasury Bonds - Harris Trust 8.375 8/15/2000 145,945.31 $ 919,429.21 90 VILLAGE OF GLENVIEW, ILLINOIS SCHEDULE OF INVESTMENTS AND SAVINGS APRIL 30, 1979 Maturity Due Rate Date Amount Trust and Agency Funds Escrow Deposit Fund Passbook - Harris Bank and Trust 5.000 - $ 152,881.56 Certificates Of Deposit Harris Bank and Trust 8.250 5/11/79 i00 000.00 Harris Bank and Trust 10.375 10/15/79 100 000.00 Harris Bank and Trust 9.250 5/29/79 200 000.00 Harris Bank and Trust 11.200 7/10/79 250 000.00 Harris Bank and Trust 11.200 7/10/79 100 000.00 Harris Bank and Trust 9.500 5/30/79 500 000.00 Gienview State Bank 11.125 6/11/79 100 000.00 Glenv±ew State Bank 11.125 6/11/79 100 000.00 Glenview State Bank 11.125 6/11/79 100 000.00 Glenview State Bank 11.125 6/11/79 100 000.00 Glenview State Bank 11.125 6/11/79 100 000.00 Glenview State Bank 10.125 10/23/79 650 000.00 $ 2,552,881.56 $10,831,575.62 VILLAGE OF GLENVIEW, ILLINOIS CORPORATE FUk~ STATEMENT OF REVENUES - ESTIMATED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Estimated Actual Licenses Motor Vehicle $143,000.00 $142,965.13 Bicycle 150.00 101.00 Business 38,500.00 47,139.25 Liquor 43,000.00 36,577.55 Dog 10,500.00 8,916.50 Cat 1,100.00 1,008.00 $236,250.00 $236,707.43 Permits HTG, Vent A/C $ 1,000.00 $ 1,120.00 Buildings 50,000.00 76,857.19 Electrical Inspection 18,000.00 27,261.15 Plumbing and Sewer 13,800.00 19,526.00 Driveway 350.00 670.00 Engineering 40,000.00 52,449.34 Unclassified Public Works Service 5,000.00 25,946.87 Other Current Service Charges 20,000.00 25,365.18 Special Assessment - Corporate Only - (82.00) $148,150.00 $229,113.73 m I ~ ~o~o ~oo ~~V o ! ,-4 ~,~0-s- ..~o',,--- o,-- o,.-.o,.-.c~'~'°"" I 102 i 104 I I i 105 I I 107 ~ · 1 8~ 1 108 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER ONE OPERATIONS AND MAINTENANCE STATEMENT OF EXPENDITUILES - BUDGETED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Budget Actual Water Administration Professional Services - Audit $ I0,O00.00 Printing, Binding and Publication $ 8.52 Postage 3,805.00 5,535.21 Dues and Subscriptions 150.00 105.00 Maintenance of Equipment 25.00 Insurance and Bonding 3,300.00 4.08 Travel 570.00 459.50 Training 1,030.00 334.01 Materials and Supplies 250.00 363.45 Illinois Municipal Retirement Fund Payments 18,800.00 18,800.00 Transfer to Corporate for Administrative Services 99,902.00 99,402.00 Other Operating Expenses 31,500.00 Books and Pamphlets 50.00 Computer Supplies 3,850.00 4,064.68 $173,232.00 $129,076.45 Waterworks Operations and Maintenance Regular Salaries $ 56,712.00 $ 56,818.71 Overtime Salaries 800.00 421.05 Contractual Professional Services 10,000.00 - Water 600,000.00 633,948.90 Uniforms 1,256.00 1,537.37 Gasoline 2,000.00 6,855.15 Motor Vehicle Supplies 300.00 2,355.24 $671,068.00 $701,936.42 109 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER ONE OPERATIONS AND MAINTENANCE STATEMENT OF EXPENDITURES - BUDGETED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Budget Actual Pumping Station Regular Salaries $ 18,348.00 $18,369.39 Overtime Salaries 3,350.00 3,030.33 Contractual Professional Services 1,200.00 1,571.85 Power and Light 21,000.00 28,949.29 Heating 2,075.00 2,319.75 Telephone 865.00 1,014.79 Maintenance of Building and Improvements 2,000.00 220.37 Rental 135.00 152.88 Cleaning and Household Supplies 50.00 89.61 Maintenance Materials - Equipment 2,760.00 4,665.63 Maintenance Materials - Building and Improvements 800.00 775.11 Operating Materials and Supplies 1,400.00 743.99 Machinery and Equipment 10,000.00 7,227.50 $ 63,983.00 $69,130.49 Distribution System Regular Salaries $ 45,312.00 $48,212.47 Overtime Salaries 22,300.00 9,527.65 Temporary Salaries 5,460.00 4,014.05 Maintenance of Equipment - Services 500.00 50.00 Maintenance of Buildings and Improvements - Services 3,000.00 593.00 Maintenance Materials - Equipment 2,500.00 4,811.49 Maintenance Materials - Building and Improve- ments 15,000.00 10,490.79 S~ll Tools and Equipment 1,150.00 1,420.07 Operating Materials and Supplies 21,000.00 7,782.62 Machinery and Equipment 14,170.00 4,297.95 $130,392.00 $91,200.09 Less Capital Outlay Expenses Capitalized 5,618.38 $130,392.00 $85,581.71 110 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER ONE OPERATIONS AND MAINTENANCE STATEMENTS OF EXPENDITURES - BUDGETED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Budget Acutal Sewer Operations and Maintenance Regular Salaries $ 45,780.00 $34,774.49 Overtime Salaries 2,820.00 537.99 Contractual Professional Services 342,000.00 5,809.81 Rental 50.00 Fuel 550.00 Training 400.00 Motor Vehicles Supplies 200.00 Maintenance Materials - Equipment and Auto Repair 3,500.00 955.54 Operating Materials and Supplies 3,600.00 1,243.82 Automotive Equipment 16,500.00 $415,400.00 $43,321.65 Lift Station Leased Telephone Line Alarm $ 100.00 Maintenance and Improvements 200.00 $ 22.00 Maintenance Materials - Repair Parts 200.00 202.68 $ 500.00 $ 224.68 Special Projects Water/SPL Project - Wagner Road $ 5,000.00 $ 2,815.75 Water/SPL Project - 23,000.00 11,203.65 Water/SPL Project - Linneman Water Main 44,000.00 $ 72,000.00 $14,019.40 111 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND ~ER TWO STATEMENT OF EXPENDITURES BUDGETED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Budget Actual Water Administration Postage $ 4,382.00 $ 52.50 Dues and Subscriptions 130.00 100.00 Maintenances of Equipment 25.00 Rental Insurance and Bonding Travel 300.00 2.00 Training 830.00 (55.00) Materials and Supplies 250.00 373.10 Social Security 500.00 Illinois Municipal Retirement Fund 18,800.00 18,800.00 Transfer to Corporate Fund 88,745.00 116,098.44 Other Operating Expenses 110,160.00 6,100.00 Books/Pamphlets 600.00 Computer Supplies 3,850.00 2,853.85 $228,572.00 $144,324.89 Waterworks Operations and Maintenance Regular Salaries $ 27,331.00 $ 26,476.25 Overtime Salaries 425.00 195.94 Contractual Professional Services 15,000.00 Water 80,000.00 10,092.50 Uniforms 1,343.00 1,336.20 Gasoline 2,000.00 6,899.91 Motor Vehicle Supplies 300.00 2,482.28 Automotive Equipment 1,000.00 1,000.00 $127,399.00 $ 48,483.08 112 VILLAGE OF GLENVIEW, ILLINOIS WATERWORKS AND SEWERAGE FUND NUMBER TWO STATEMENT OF EXPENDITURES BUDGETED AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1979 Pumping Station Budget Actual Regular Salaries $ 20,232.00 $ 16,860.00 Overtime Salaries 3,350.00 5,539.04 Contractual Professional Services 818.00 1,522.61 Power and Light 135,000.00 75,235.62 Heating 659.00 1,334.31 Telephone 500.00 752.01 Maintenance and Building of Improvements 61,000.00 88,929.81 Rental 130.00 Cleaning and Household Supplies 50.00 Maintenance Materials - Equipment 2,600.00 4,712.52 Maintenance Materials - Buildings and Improvements 1,500.00 1,810.63 Operating Materials and Supplies 3,400.00 3,375.87 Machinery and Equipment 6,100.00 $235,339.00 $200,072.42 Distribution System Regular Salaries $ 25,908.00 $ 17,575.14 Overtime Salaries 8,500.00 8,530.96 Temporary Salaries 29,470.00 34,599.06 Maintenance of Equipment - Services 500.00 46.00 Maintenance of Buildings and Improvements 2,000.00 Maintenance Materials - Equipment 3,600.00 (1,967.64) Maintenance Materials - Building and Improvements 16,000.00 421.63 Small Tools and Equipment 1,150.O0 1,024.00 Operating Materials and Supplies 28,000.00 18,654.84 Machinery and Equipment 2,028.00 (16,165.19) Watermain - Special Project (13,655.99) Automotive Equipment 18,000.00 ~135,156.00 $ 49,062.81 Less Capital Outlay Expenses Capitalized 20,028.00 18,344.86 $115,128.00 $ 30,717.95 i I i I i I I I 1 I i i I I I I I I I