HomeMy Public PortalAbout1981 Comprehensive Annual Financial Report
FOR THE
FISCAL YEAR ENDED
DECEMBER 31, 1981
VILLAGE OF GLENVIEW
TABLE OF CONTENTS
INTRODUCTORY SECTION
PAGE
Names and Titles of Principal Officials
Organization Chart ii
Village Manager's Letter of Transmittal iii - iv
Director of Finance's Letter of Transmittal I - VIII
FINANCIAL SECTION
AUDITORS' REPORT ON THE FINANCIAL STATEMENTS 1 - 2
COMBINED STATEMENTS - OVERVIEW ("Liftable" General Purpose
Financial Statements)
Combined Balance Sheet - Ail Fund Types and Account Groups 3
Combined Statement of Revenues, Expenditures, and
Changes in Fund Balances - All Governmental and Fiduciary
(Expendable Trust) Fund Types 4
Combined Statement of Revenues, Expenditures, and
Changes in Fund Balances - Budget and Actual -
General, Special Revenue, Debt Service, and
Capital Projects Fund Types 5
Combined Statement of Revenues, Expenses, and
Changes in Retained Earnings/Fund Balances -
Ail Proprietary and Fiduciary (Pension Trust) Fund Types 6
Combined Statement of Changes in Financial Position -
Ail Proprietary and Fiduciary (Pension Trust) Fund Types 7
Notes to the Financial Statements 8 - 32
COMBINING AND INDIVIDUAL FUNDS
GOVERNMENTAL FUND TYPES
GENERAL FUND
CORPORATE FUND
Financial Statements
Balance Sheet 33
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 34
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
GOVERNMENTAL FUND TYPES (CONT.)
GENERAL FUND (CONT.)
CORPORATE FUND (CONT.)
Supplemental Statements
Statement of Revenues - Budget and Actual (See P. 92)
Statement of Expenditures - Budget and Actual (Also See P. 93-102) 35
SPECIAL REVENUE FUNDS
All Funds
Financial Statements
Combining Balance Sheet 36
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances 37
Library Fund
Financial St atements
Balance Sheet (See P. 36)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 38
Supplemental Statements
Statement of Expenditures - Budget and Actual (See P. 103)
Federal Revenue Sharing Fund
Financial Statements
Balance Sheet (See P. 36)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 39
Illinois Municipal Retirement Fund
Financial Statements
Balance Sheet (See P. 36)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 40
Motor Fuel Tax Fund
Financial Statements
Balance Sheet (See P. 36)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 41
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
GOVERNMENTAL FUND TYPES (CONT.)
DEBT SERVICE FUNDS
Ail Funds
Financial Statements
Combining Balance Sheet 42
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Budget and Actual 43
CAPITAL PROJECTS FUNDS
All Funds
Financial Statements
Combining Balance Sheet 44
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Budget and Actual 45
Village Hall Construction Fund
Financial Statements
Balance Sheet (See P. 44)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 46
Public Works Garage Fund
Financial Statements
Balance Sheet (See P. 44)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 47
Special Service Area Nt~nber Two Fund
Financial Statements
Balance Sheet (See P. 44)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 48
Special Service Area Number Three Fund
Financial Statements
Balance Sheet (See P. 44)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 49
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
GOVERNMENTAL FUND TYPES (CONT.)
CAPITAL PROJECTS FUNDS (CONT.)
Capital Equipment Replacement Fund
Financial Statements
Balance Sheet (See P. 44)
Statement of Revenues, Expenditures, and
Changes in Fund Balance - Budget and Actual 50
SPECIAL ASSESSMENT FUNDS
Special Assessment Fund
Financial Statements
Combining Balance Sheet 51
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances 52
PROPRIETARY FUND TYPES
ENTERPRISE FUNDS
All Funds
Financial Statements
Combining Balance Sheet 53
Combining Statement of Revenues, Expenses, and
Changes in Retained Earnings - Unreserved 54
Combining Statement of Changes in Financial Position 55
Waterworks and Sewerage Fund - East
Financial Statements
Balance Sheet 56
Statement of Changes in Retained Earnings - Reserved -
Restricted Accounts 57
Statement of Revenues, Expenses, and Changes in
Retained Earnings - Unreserved - Budget and Actual 58
Statement of Changes in Financial Position (See P. 55)
Supplemental Statements
Statement of Fixed Assets and Depreciation 59
Statement of Operating Expenses - Budget and Actual (See P. 104-106)
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
PROPRIETARY FUND TYPES (CONT.)
ENTERPRISE FUNDS (CONT.)
Waterworks and Sewerage Fund - West
Financial Statements
Balance Sheet P.
(See
53)
Statement of Revenues, Expenses, and Changes
in Retained Earnings - Unreserved - Budget
and Actual 60
Statement of Changes in Financial Position (See P. 55)
Supplemental Statements
Statement of Fixed Assets and Depreciation 61
Statement of Operating Expenses - Budget
and Actual (See P. 107-108)
Commuter Parking Lot Fund
Financial Statements
Balance Sheet (See P. 53)
Statement of Revenues, Expenses, and Changes
in Retained Earnings - Budget and Actual 62
Statement of Changes in Financial Position (See P. 55)
INTERNAL SERVICE FUNDS
Regional Emergency Dispatch Center Fund
Financial Statements
Balance Sheet 63
Statement of Revenues, Expenses, and
Changes in Retained Earnings 64
Statement of Changes in Financial Position 65
FIDUCIARY FUND TYPES
TRUST AND AGENCY FUNDS
Ail Funds
Financial Statements
Balance Sheet 66
Combining
Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances (Expendable
Trust Funds) 67
Combining Statement of Revenues, Expenses, and
Changes in Fund Balances (Pension Trust Funds) 68
Combining Statement of Changes in Financial
Position (Pension Trust Funds) 69
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
FIDUCIARY FUND TYPES (CONT.)
TRUST AND AGENCY FUNDS (CONT.)
Expendable Trust Funds
Escrow Deposit Fund
Financial Statements
Balance Sheet (See P. 66)
Statement of Revenues, Expenditures, and
Changes in Fund Balance (See P. 67)
Deposit Fund
Financial Statements
Balance Sheet (See P. 66)
Statement of Revenues, Expenditures, and
Changes in Fund Balance (See P. 67)
Pension Trust Funds
Police Pension Fund
Financial Statements
Balance Sheet (See P. 66)
Statement of Revenues, Expenses, and
Changes in Fund Balance - Budget and Actual 70
Statement of Changes in Financial Position (See P. 69)
Firemen's Pension Fund
Financial Statements
Balance Sheet (See P. 66)
Statement of Revenues, Expenses, and
Changes in Fund Balance - Budget and Actual 71
Statement of Changes in Financial Position (See P. 69)
ACCOUNT GROUPS
GENERAL FInD ASSETS
Financial Statements
Statement of General Fixed Assets 72
Statement of General Fixed Assets - By Functions
and Activity 73
Statement of Changes in General Fixed Assets -
By Function and Activity 74
TABLE OF CONTENTS (CONT.)
FINANCIAL SECTION (CONT.)
PAGE
ACCOUNT GROUPS (CONT.)
GENERAL LONG-TERM DEBT
Financial Statements
Statement of General Long-Term Debt 75
SUPPLEMENTARY DATA
Combined Statement of Cash and Investments 76
Combined Statement of Investments 77 - 80
Statement of Insurance in Force 81
Long-Term Debt Requirements
Waukegan Road Sanitary District Sewer Bonds of 1967 82
Police Administration Building Bonds of 1972 83
Corporate Purpose Bond Series of 1976 84
Corporate Purpose Bond Series of 1977 85
Corporate Purpose Bond Series of 1979
86
Municipal Building Bond Series of 1979 87
Special Service Area #1 Bonds of 1980 88
Special Service Area #2 Bonds of 1981 89
Special Service Area #3 Bonds of 1981 90
Waterworks and Sewerage Revenue Bond Series of 1964 91
Statement of Revenues - Budget and Actual - Corporate Fund 92
Statement of Expenditures - Budget and Actual - Corporate Fund 93 - 102
Statement of Expenditures - Budget and Actual - Library Fund 103
Statement of Operating Expenses - Budget and Actual -
Waterworks and Sewerage Fund - East 104 - 106
Statement of Operating Expenses - and
Budget
Actual
Waterworks and Sewerage Fund - West 107 - 108
Statement of Operating Expenses - Budget and Actual -
Regional Emergency Dispatch Center Fund 109
TABLE OF CONTENTS (CONT.)
STATISTICAL SECTION
PAGE
General Governmental Revenues by Source -
Last Ten Fiscal Years 110
General Governmental Expenditures by
Function - Last Ten Fiscal Years 111
Property Tax Levies and Collections - Last
Ten Fiscal Years 112
Assessed and Estimated Actual Value of Taxable
Property - Last Ten Fiscal Years 113
Property Tax Rates - All Overlapping Governments -
Last Ten Fiscal Years 114
Special Assessment Collections - Last Ten Fiscal Years 115
Ratio of Net General Obligation Debt to Assessed
Value and Net Bonded Debt Per Capita - 116
Last Ten Fiscal Years
Statement of Direct and Overlapping Debt 117
Statement of Legal Debt Margin 118
Ratio of Annual Debt Service Expenditures for
General Obligation Debt to Total General Expenditures -
119
Last Ten Fiscal Years
Statement of Revenue Bond Coverage - Last Ten Fiscal Years 120
Salaries and Surety Bonds of Principal officials 121
Demographic Statistics 122
Property Value, Construction and Bank Deposits - 123
Last Ten Fiscal Years
124
Principal Taxpayers
Municipal Services and Facilities 125
Miscellaneous Statistics 126 -
Introductory Section
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LEGISLATIVE
IVILLAGE BOARD OF TRUSTEES
Thomas E. Smith, President
I Scott J. Helton Charles R. Loebbaka
iRonald V. Norene Robert O. Pohl
James W. Smirles James M. Weiss
IKathleen McLaughlin, Clerk
I EXECUTIVE
IRobert H. van Deusen, Village Manager
IFINANCE DEPARTMENT
Dennis M. Lauer, Director of Finance
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Chart of Elected and Appointed Officials
Elected by Voters
~--'"'---'"' ', '~'' ""-'--'"'
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Appointed by Village President with concurrence o~ Board of Trustees
Health Nortran Village Village Village
Officer Trustee Attorney I~osecutor Manage~
Adminis(ra(ive Oepartmen(~
'T
8oard$ and Commtssions a~poin(ed by Villoge President with contra'fence of Board of Truslees
Plan Commission Zoning Board at Appeals
Appearance Comm~sslon Police Pension Board Fire and Police Commission
Building Commission Director of Ci,-,il Defense Electrical Commission
Senior Citizen Commission Fire Pension Board Board of Commission ers
ol Forestry
724- '1700 GLENVIEW, ILLINOIS 60025
Honorable President and
Members of the Board of Trustees
Village of Glenview
Gentlemen:
In accordance with state statutes and local charter provisions,
I hereby transmit the annual financial report of the Village of
Glenview as of December 31, 1981 and for the fiscal year then
ended. Responsibility for both the accuracy of the presented
data and the completeness and fairness of the presentation,
including all disclosures, rest with the
Village.
Management
believes that the data, as presented, is accurate in all material
aspects; that it is presented in a manner designed to fairly set
forth the financial position and results of operations of the
Village as measured by the financial activity of the various
funds.. Disclosures necessary to enable the reader to gain
maximum understanding of the Village's financial affairs have also
been included.
In developing and evaluating the Village's accounting system,
consideration is given to the adequacy of internal accounting
are discussed by the finance
controls.
Internal
accounting
controls
director in his accompanying letter of transmittal, and within that
framework, I believe that the Village's internal accounting
controls adequately safeguard assets and provide reasonable
assurance of proper recording of financial transactions.
This report has been prepared following the guidelines
recommended by the Municipal Finance Officers Association of the
United States and Canada. The Municipal Finance Officers
Association awards Certificates of Conformance to those governments
whose annual financial reports are judged to conform substantially
public reporting including generally
with
high
standards
of
accepted accounting principals promulgated by the National Council
on Governmental Accounting. It is my belief that the accompanying
fiscal year 1981 financial report meets the program standards and it
will be submitted to the Municipal Finance Officers Association for
review.
In accordance with the above-mentioned guidelines the
accompanying report consists of three parts:
1) Introductory section, including the finance director's letter
of transmittal
including the financial statements and
2)
Financial
section,
supplemental data of the government accompanied by our
independent auditor's opinion
3) Statistical section, including a number of tables of unaudited
data depicting the financ'iai history of the Village for the
past 10 years, information on overlapping governments, and
demographic and other miscellaneous information.
State law requires that the financial statements of the
Village of Glenview be audited by a certified public accountant
selected by the Board. This requirement has been complied with,
and our auditor's opinion is included in the financial section
of this report.
Of concern to the Village of Glenview, as well as all sectors
of the economy, is the impact of inflation on our budget.
Presently our revenues are strong because of the effect of our
continuing growth rate. However, our revenue projections must be
monitored constantly to ensure the Board advance notice in the event
the revenue patterns change. The finance director is entrusted
with the responsibility of evaluating and reporting on the
financial condition of the Village.
The preparation of this annual financial report could not
have been accomplished without the dedicated effort of the
finance director and his. entire staff. Their efforts over the
past years toward upgrading the accounting and financial
reporting systems of the Village of Glenview have lead
to the improved quality of the information being reported to the
Board of Trustees, state oversight boards, and the citizens
of Glenview.
Respectfully submitted,
Robert H. van Deusen
Village Manager
nview
GLENVIEW, ILLINOIS 60025
April 30, 1982
Mr. Robert H. van Deusen, Village Manager
Village of Glenview
Glenview, Illinois 60025
The Comprehensive Annual Financial Report of the Village
of Glenview for the fiscal year ended December 31, 1981, is
submitted herewith. This report was prepared by the
Village's Finance Department. Responsibility for both the
accuracy of the presented data and the completeness and
fairness of the presentation, including all disclosures,
rests with the Village. I believe the data, as presented,
is accurate in all material aspects; that it is presented in
a manner designed to fairly set forth the financial position
and results of operations of the Village as measured by the
financial activity of its various funds; and that all
disclosures necessary to enable the reader to gain the
maximum understanding of the Villages financial affairs have
been included.
Accounting System and Budgetary Control
In developing and evaluating the Village's accounting
system, consideration is given to the adequacy of internal
accounting controls. Internal accounting controls are
designed to provide reasonable, but not absolute, assurance
regarding; (1) the safeguarding of assets against loss from
use or disposition; and (2) the reliability of
unauthorized
financial records for preparing financial statements and
maintaining accountability for assets. The concept of
reasonable assurance recognizes that; (1) the cost of a
control should not exceed the benefits likely to be derived;
and (2) the evaluation of costs and benefits requires
estimates and judgments by management.
I
Ail internal control evaluations occur within the above
framework. I believe that the Village's internal accounting
controls adequately safeguard assets and provide reasonable
assurance of proper recording of
financial
transactions.
Budgetary control is maintained at the sub-department
level by the encumbrance of estimated purchase amounts prior
to the release of purchase orders to vendors. Purchase
orders which result in an overrun of sub-department balances
are not released until appropriate budget transfers have
been made. Open encumbrances are reported as reservations
of fund balance at December 31, 1981.
The Reporting Entity and Its Services
This report includes all of the funds and account groups
of the Village. It includes all activities considered by
the U.S. Bureau of Census to be part of (controlled by or
dependent on) the Village.
The Glenview Public Library, governed by board members who
are separately elected, is considered to be a separate
government because; (1) it is an organized entity; (2) it
has governmental character; and (3) it is substantially
autonomous. Audited financial statements for the Glenview
Public Library are included in this report. This annual
report has been made available to members of the Board of
of the Glenview Public Library.
Trustees
The Village of Glenview provides the full range of
municipal services as required by state statute, charter or
local government officials. This includes public safety
(police and fire), highways and streets, sanitation, health
and social services, water utility service, public
improvements, planning and zoning, and general
administrative services.
General Governmental Functions
Revenues for general governmental functions totaled
$8,674,009 in 1981, an increase of 7.4 percent over 1980.
Taxes produced 70.9 percent of general revenues compared to
69.7 percent last year. The amount of revenues from various
sources and the change from last year are shown in the
following tabulation:
II
Increase
Percent (decrease)
Revenue Source Amount of total from 1980
Taxes $6,146 561 70 9% $ 512,843
Service charges 430 491 5 0 143,751
Licenses and permits 562 052 6 5 (83,283)
Intergovernmental rev. 558 337 6 4 (49,923)
Fines and forfeits 200 659 2 3 37,115
Other revenues $ 775 909 8 9% $ 36,236
Total $8,674,009 100% $596,739
The 1981 aaaess~d valuation estimate of $292.5 m~ll~on
represents an ~ncrease of 5.3 percent over the precedin~
~11 of the townships within the Village have been
~ear.
reassessed with tho exception of ~a~ne ?own~h~p. ~a~ne
Town~h£p representa. 11% of the V£11a~e and w~ll ~
reassessed for the 1981 levy year.
Current tax collections were 99% of the tax levy.
Property taxes which are delinquent more than one year have
been fully reserved; subsequent collections of such taxes
are reflected as "prior year tax revenue" in the year
collected. Allocations of property tax levy by purpose for
1981 and the preceding three levy years are as follows
(amounts per $100/assessed value):
Purpose 1981' 1980 1979 1978
General Fund .33 .34 .47 .55
Special Revenue Funds .50 .45 .54 .47
General obligation debt .09 .11 .15 .14
Total tax rate $0.92 $0.90 $1.16 $1.16
*Estimated
The quadrennial reassessment in levy year 1980 accounts
for the large decrease in tax rates for 1980 and 1981
compared to the rates for 1978 and 1979.
Expenditures for general governmental purposes totaled
$7,758,221, an increase of 18.1 percent over 1980.
Increases in levels of expenditures for major functions of
the Village over the preceding year are shown in the
following tabulation:
Increase
Percent (decrease)
Function Amount of total from 1980
General government $1,104,114 14.2 $ (32 281)
Public safety 3,198,149 41.2 419 427
Highways and streets 2,088,830 26.9 733 125
Welfare 504,120 6.5 42 091
Culture-recreation 585,440 7.6 55 515
Debt service 277,568 3.6 (28 857)
Total $7,758,221 100% $1,189,020
Expenditures for highways and streets show an increase of
$733,125 over fiscal 1980. This classification includes
costs of constructing and maintaining streets and parkways
in the Village. These expenditures are accumulated in both
the corporate fund and motor fuel tax fund. The principal
reason for such a large increase in this classification is
the number and cost of repaying and storm sewer projects
performed during fiscal year 1981. Included in the many
projects of this nature, three of the largest were:
Harlem-Central $127,058, Linneman Street $155,833, and Park
Drive $168,519.
Unreserved fund balances and retained earnings in the
major operating funds were maintained at adequate levels.
The General Fund balance of $3,136,913 was up $433,239 from
last year; the Debt Service Fund balance of $216,004 was up
$26,298 from the preceding year, and the $3,351,172 balance
in the Special Revenue Funds was $331,272. up
Debt Administration
The ratio of net bonded debt to assessed valuation and the
amount of bonded debt per capita are useful indicators of
the Village's debt position to municipal management,
citizens, and investors. This data for the Village at the
end of the 1981 fiscal year were as follows:
Ratio of Debt to Debt per
Amount assessed value capita
Net direct
bonded debt $1,566,626 .54% $4~8o65
IV
Outstanding general obligation bonds at December 31, 1981,
totaled $11,482,630, of which 9,700,000 issued for
waterworks improvements are considered to be
self-supporting. The above total includes bonds outstanding
for special service areas 1, 2, and 3. The remainder of
$1,566,626 is considered to be net direct tax supported
debt. Tables 7 to 14 in the Statistical Section of this
report present more detailed information about the debt
position of the Village.
On February 20, 1981, $63,000 of general obligation bonds
were sold at a favorable effective interest rate of 8.5
percent; for special service areas 2 and 3. The following
tabulation presents general obligation bonds issued during
the past five fiscal years:
Interest
Average cost per
Date of life Int. borrowed
Issue Reason Amount in yrs. rate dollar'
02/20/81 spl/ser area 3 $25,000 15 8.5 .79
02/20/81 spl/ser area 2 38,000 15 8.5 .79
07/01/80 spl/ser area 1 70,000 10 6.0 .33
10/01/79 water improve. 5,700,000 20 6.7 .85
04/01/79 municipal bldg. 950,000 10 5.4 .44
07/01/77 water acquisi- 4,525,000 20 5.0 .66
tion
The Village's bonds continue to have the same rating which
they have carried for the past several years. This rating
is as follows.
Investors Service
Moody's
General obligation bonds Aa Revenue bonds Aa
Cash Management
Cash temporarily idle during the year was invested in
savings accounts, certificates of deposit ranging from 30 to
365 days to maturity, U.S. treasury bills ranging from 14 to
91 days to maturity and treasury notes and bonds held mainly
for the Police and Fire Pension Funds. The average yield on
short term investments held on December 31, 1981, was 15.38
percent. The amount of interest received on governmental
fund types was $599,223, on proprietary funds $189,231, and
trust and agency funds $415,862.
Capital Projects Funds
Proceeds of general obligation bond issues are accounted
for in Capital Projects Funds until improvement projects are
completed. Completed projects and uncompleted construction
in progress at year. end are capitalized in the General Fixed
Assets Account Group. A detailed summary of project-length
Capital Projects Fund revenues and expenditures is included
in the Financial Section of this report.
General Fixed Assets
The general fixed assets of the Village those fixed
are
assets used in the performance of general governmental
functions and exclude the fixed assets of Enterprise and
Internal Service Funds. As of December 31, 1981, the
general fixed assets of the Village amounted to $10,257,569.
This amount represents the original cost of the assets and
is considerably less than their present value. Depreciation
of general fixed assets is not recognized in the Village's
accounting system.
Water and Sewer System
The Village's water and sewer utility continued to show
moderate gains in operating revenues, number of customers,
net income, and debt service coverage. Comparative date for
the past two fiscal years are presented in the following
tabulation:
VI
East Fund West Fund
1981 1980 1981 1980
Operating
revenue $1,123,909 $1,603,601 $1,795,742 $1,790,601
Operating
income 100,447 245,871 848,375 862,829
Income avail-
able for debt
service 143,755 330,180 984,292 1,441,513
Annual Debt
Service 121,590 120,073 937,088 864,812
Coverage (income
available for
debt service
divided by
average annual
debt service) 1.18 2.75 1.05 1.67
During the year, $50,000 of regularly maturing revenue
bonds were retired in the Water and Sewer Fund East. In
addition, $45,000 of general obligation bonds, serviced with
the earnings of the Water and Sewer Fund East activities,
were retired. Revenues from water and sewer fund west
retired $325,000 of maturing general obligation bonds.
Independent Audit
State Statutes require an annual audit of the books of
account, financial records, and transactions of all
administrat'ive departments of the Village by independent
certified public accountants selected by the Board of
Trustees. This requirement has been complied with and the
auditor's opinion has been included in this report.
VII
Certificate of Conformance
The Municipal Finance Officers Association of the United
States and Canada (MFOA) awards a Certificate of Conformance
in Financial Reporting to units of Government for the
comprehensiveness of its financial report.
In order to be awarded Certificate of
a
Conformance,
a
governmental unit must publish an easily readable and
efficiently organized comprehensive annual financial report,
whose contents conform to program standards. Such reports
must satisfy both generally accepted accounting principles
and applicable legal requirements.
A Certificate of Conformance is valid for a period of one
year only. I believe our current report conforms to
Certificate of Conformance Program requirements, and we are
submitting it to MFOA to determine its eligibility for a
certificate.
Acknowledgements
The preparation of this report on a timely basis could not
be accomplished without the efficient and dedicated services
of the entire staff of the Finance Department. I should
like to express my appreciation to all members of the
Department who assisted and contributed to its preparation.
I should also like to thank the President and Board of
Trustees for their interest and support in planning and
conducting the financial operations of the Village in a
responsible and progressive manner.
Reactively submitted,
Dennis M. Laue~'
Finance Director
VIII
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Financial Section
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/"me Honorable Thomas E. Smith
Village President
Board of Trustees
Village of Glenview
1225 Waukegan Road
Glenview, Illinois 60025
We have examined the combined financial statements of the Village of
Glenview, Illinois and the combining, individual fund, and account group
financial statements of the Village as of and for the year ended
December 31, 1981 as listed in the 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 in the
circumstances.
In our opinion, the combined financial statements referred to above
present fairly the financial position of the Village of Glenview,
Illinois, at December 31, 1981, and the results of its operations and
the changes in financial position of its proprietary fund types and
similar trust funds for the year then ended, in conformity with
generally accepted accounting principles applied on a basis consistent
with that of the preceding year. Also, in our opinion, the combining,
individual fund, and account group financial statements referred to
above, present fairly the financial position of the individual funds and
account groups of the Village of Glenview, Illinois at December 31, 1981
and the results of operations of such funds and the changes in financial
position of individual proprietary fund types and similar trust funds
for the year then ended, in conformity with generally accepted
accounting principles applied on a basis consistent with that of the
preceding year.
of Wheaton Building · Z I I South Whearon Avenue · Wheaton, Illinois 60187 · (31 Z) 665 -4510
Bank
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Village of Glenview, Illinois 2
I Our examination was made for the purpose of forming an opinion on the
combined financial statements taken as a whole and on the combining,
Iindividual fund, and account group financial statements. The
accompanying financial information listed as supplementary data in
the table of contents is presented for purposes of additional analysis
Iand is not a required part of the combined financial statements of the
Village of Glenview. ~e information has been subjected to the auditing
procedures applied in the examination of the combined, combining,
individual fund, and account group financial statements and, in our
Iopinion, is fairly stated in all material respects in relation to the
combined financial statements taken as a whole.
i~arrlson & ~¥r~
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i COMBINED STATEMENTS--OVERVIEW
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VILLAGE OF GLENVIEW, ILLINOIS
ALL FUND TYPES AND ACCOUNT GROUPS
COMBINED BALANCE SHEET
DECEMBER 31, 1981
(See Following Page)
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
1. Summary of Significant Accounting Policies
The Village of Glenview was incorporated in 1899. The Village operates under a
Council-Manager form of government and provides the following services as
authorized by its charter: public safety (police and fire), highways and
streets, health and social services, culture-recreation, public improvements,
planning and zoning, and general administrative services.
The accounting policies of the Village of Glenview conform to generally
accepted accounting principles as applicable to governments. The following is a
summary of the more significant policies:
A. Fund Accounting
The accounts of the Village are organized on the basis of funds and account
groups, each of which is considered a separate accounting entity. The
operations of each fund are accounted for with a separate set of self-balancing
accounts that comprise its assets, liabilities, fund equity, revenues, and
expenditures, or expenses, as appropriate. Government resources are allocated
to and accounted for in individual funds based upon the purposes for which they
are to be spent and the means by which spending activities are controlled. The
various funds are grouped, in the financial statements in this report, into
eight generic fund types and three broad fund categories as follows:
GOVERNMENTAL FUNDS
General Fund - The Corporate Fund is the general operating fund of the
Village. It is used to account for all financial resources except those
required to be accounted for in another fund.
Special Revenue Funds - Special Revenue Funds are used to account for the
proceeds of specific revenue Sources (other than special assessments,
expendable trustS, or major capital projects) that are legally restricted
to expenditures for specified purposes.
Debt Service Funds - Debt Service Funds are used to account for the
accumulation of resources for, and the payment of, general long-term debt
principal, interest, and related costs.
Capital Projects Funds - Capital Projects Funds are used to account for
financial resources to be used for the acquisition or construction of major
capital facilities (other than those financed by Proprietary Funds, Special
Assessment Funds, and Trust Funds).
9
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Summary of Significant Accounting Policies (Cont.)
A. Fund Accounting (Cont.)
GOVERNMENTAL FUNDS (CONT.)
Special Assessment Funds - Assessment Funds used
Special
are
to
account
for
the financing of public improvements or services deemed to benefit the
properties against which special assessments are levied.
PROPRIETARY FUNDS
Enterprise Funds - Enterprise Funds are used to account for operations (a)
that are financed and operated in a manner similar to private business
enterprises - where the intent of the governing body is that the costs
(expenses, including depreciation) of providing goods or services to the
general public on a continuing basis be financed or recovered primarily
through user charges; or (b) where the governing body has decided that
periodic determination of revenues earned, expenses incurred, and/or net
income is appropriate for capital maintenance, public policy, management
control, accountability, or other purposes.
Internal Service Funds - Internal Service Funds are used to account for the
financing of goods or services provided by one department or agency to
other departments or agencies of the Village, or to other governments, on a
cost-reimbursement basis.
FIDUCIARY FUNDS
Trust and Agency Funds - Trust and Agency Funds are used to account for
assets held by the Village in a trustee capacity or as an agent for
individuals, private organizations, other governments, and/or other funds.
These include Expendable Trust, Nonexpendable Trust, Pension Trust, and
Agency Funds. Nonexpendable Trust and Pension Trust Funds are accounted
for in essentially the same manner as proprietary funds since capital
maintenance is critical. Expendable Trust Funds are accounted for in
essentially the same manner as governmental funds. Agency Funds are
custodial in nature (assets equal liabilities) and do not involve
measurement of results of operations. The Village does not currently
utilize Nonexpendable Trust or Agency Funds.
ACCOUNT GROUPS
General Fixed Assets Account - The General Fixed Assets Account
Group
Group
is used to account for all fixed assets which are not accounted for in
Enterprise, Internal Service or Trust Funds.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
1. S~mmary of Significant Accounting Policies (Cont.)
A. Fund Accounting (Cont.)
ACCOUNT GROUPS (CONT.)
General Long-Term Debt Account Group - The General Long-Term Debt Account
Group is used to account for all long-term debt not accounted for in
Special Assessment, Enterprise, Internal Service or Trust Funds.
B. Fixed Assets and Long-Term Liabilities
The accounting and reporting treatment applied to the fixed assets and
long-term liabilities associated with a fund are determined by its
measurement focus. Ail Governmental Funds and Expendable Trust Funds are
accounted for on a spending or "financial flow" measurement focus. This
means that only current assets and current liabilities are generally
included on their balance sheets. Their reported fund balance (net current
assets) is considered a measure of "available spendable resources."
Governmental fund operating statements present increases (revenues and
other financing sources) and decreases (expenditures and other financing
uses) in net current assets. Accordingly, they are said to present a
summary of sources and uses of "available spendable resources" during a
period.
Fixed assets used in governmental fund type operations (general fixed
assets) are accounted for in the General Fixed Assets Account Group, rather
than in governmental funds. Public domain ("infrastructure") general fixed
assets consisting of certain improvements other than buildings, including
roads, bridges, curbs and gutters, streets and sidewalks, drainage systems,
and lighting systems, are not capitalized along with other general fixed
assets. No depreciation has been provided on general fixed assets.
Ail fixed assets are valued at historical cost or estimated historical cost
if actual historical cost is not available. Donated fixed assets are
valued at their estimated fair value on the date donated.
Long-term liabilities expected to be financed from governmental funds are
accounted for in the General Long-Term Debt Account Group, not in the
governmental funds. The single exception to this general rule is for
special assessment bonds, which are accounted for in Special Assessment
Funds.
11
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Summary of Significant Accounting Policies (Cont.)
B. Fixed Assets and Long-Term Liabilities (Cont.)
The two account groups are not "funds." They are concerned only with the
measurement of financial position. They are not involved with measurement
of results of operations.
Noncurrent portions of long-term receivables due to governmental funds are
reported on their balance sheets, in spite of their spending measurement
focus. Special reporting treatments are used to indicate, however, that
they should not be considered "available spendable resources" since they do
not represent net current assets. Recognition of governmental fund type
revenues represented by noncurrent receivables is deferred until they
become current receivables. Noncurrent portions of long-term loans
receivable are offset by fund balance reserve accounts. The Village does
not currently have any noncurrent assets and related
reserves.
Special reporting treatments are also applied to governmental fund
inventories to indicate that they do not represent "available spendable
resources," even though they are a component of net current assets. Such
amounts are generally offset by fund balance reserve accounts. The Village
does not currently have any governmental fund inventories and related
reserves.
Because of their spending measurement focus, expenditure recognition for
governmental fund types is limited to exclude amounts represented by
noncurrent liabilities. Since they do not affect net current assets, such
long-term amounts are not recognized as governmental fund type expenditures
or fund liabilities. They are instead reported as liabilities in the
General Long-Term Debt Account Group.
Ail Proprietary Funds and Nonexpendable Trust and Pension Trust Funds are
accounted for on a cost of services or "capital maintenance" measurement
focus. This means that all assets and all liabilities (whether current or
noncurrent) associated with their activity are included on their balance
sheets. Their reported fund equity (net total assets) is segregated into
contributed capital and retained earnings components. Proprietary fund
type operating statements present increases (revenues) and decreases
(expenses) in net total assets.
Depreciation of all exhaustible fixed assets used by proprietary funds is
charged as an expense against their operations. Accumulated depreciation
is reported on proprietary fund balance sheets. Depreciation has been
provided over the estimated useful lives using the straight line method.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
1. S~nmary of Significant Accounting Policies (Cont.)
B. Fixed Assets and Long-Term Liabilities (Cont.)
The estimated useful lives are as follows:
Buildings 25-50 years
Improvements 10-20 years
Equipment 3-10 years
C. Basis of Accounting
Basis of accounting refers to when revenues and expenditures or expenses
are recognized in the accounts and reported in the financial statements.
Basis of accounting relates to the timing of the measurements made,
regardless of the measurement focus applied.
All Governmental Funds and Expendable Trust Funds are accounted for using
the modified accrual basis of accounting. Their revenues are recognized
when they become measureable and available as net current assets.
Taxpayer-assessed income, gross receipts, and sales taxes are considered
"measurable" when in the hands of intermediary collecting governments and
are recognized as revenue at that time. Anticipated refunds of such taxes
are recorded as liabilities and reductions of revenue when they are
measurable and their validity seems certain. Revenues considered to be
susceptible to accrual are:
Taxes Charges for Services
Property Water Billings
Sales
Income Intergovernmental Revenues
Utility Motor Fuel Tax Allotments
Federal Revenue Sharing Entitlements
Expenditures are generally recognized under the modified accrual basis of
accounting when the related fund liability is incurred. An exception to
this general rule includes accumulated unpaid vacation, sick pay, and other
employee amounts which are not accrued.
13
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Summary of Significant Accounting Policies (Cont.)
C. Basis of Accounting (Cont.)
All Proprietary Funds and Nonexpendable Trust and Pension Trust Funds are
accounted for using the accrual basis of accounting. Their revenues are
recognized when they are earned, and their expenses are recognized when
they are incurred. Unbilled Water and Sewer Fund utility service
receivables are recorded at year end.
D. Budgets and Budgetary Accounting
The Village follows these procedures in establishing the budgetary data
reflected in financial
the
statements:
1. The Village Manager submits to the Board of Trustees a proposed
operating budget for the fiscal year commencing the following
January 1. The operating budget includes proposed expenditures and
the means of financing them.
2. Budget hearings are conducted.
3. The budget is legally adopted by the Board.
4. The Budget Officer is authorized to transfer budgeted amounts between
departments within any fund; however, any revisions that alter the
total expenditures of any fund must be approved by the Board of
Trustees.
The level of control (level at which expenditures may not exceed budget) is
the Fund. Budget/Appropriations lapse at year end. The Village also
prepares budgets for Enterprise and Pension Trust Funds. Such budgetary
comparisons are reflected in the Village's financial report. No
supplemental budget/appropriation was enacted.
E. Encumbrances
Encumbrance accounting, under which purchase orders, contracts, and other
commitments for the expenditure of monies are recorded in order to reserve
that portion of the applicable budget, is employed. Encumbrances
outstanding at year end, if any, are reported as reservations of fund
balances since they do not constitute expenditures or liabilities.
F. Investments
Investments are stated at cost or amortized cost, which approximates
market.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
1. Summary of Significant Accounting Policies (Cont.)
G. Inventory
Inventory is valued at the lower of cost (first-in, first-out) or market.
Inventory is recorded on the basis of a physical count.
H. Accumulated Unpaid Vacation, Sick Pay, and Other Employee Benefit Amounts
Village employees are granted vacation pay and sick leave in varying
amounts. It is the policy of the Village to grant paid sick leave to
regular full-time employees as required. Upon termination, the Village
does not reimburse employees for unused sick leave. The Village has
calculated the following amounts with respect to accrued vacation pay and
sick leave' at December 31, 1981:
1981
Vacation Pay $72,701
Sick Leave 0
The Village does not accrue such amounts on its books. These amounts do
not exceed normal year's accumulations.
I. Comparative Data
Comparative total data for the prior year have been presented in the
accompanying financial statements in order to provide an understanding of
changes in the Village's financial position and operations. However,
comparative (i.e., presentation of prior year totals by fund type) data
have not been presented in each of the statements since their inclusion
would make the statements unduly complex and difficult to read.
J. Total Columns on Combined Statements - Overview
Total colamns on the Combined Statements - Overview are captioned
Memorandum Only to indicate that they are presented only to facilitate
financial analysis. Data in these colamns do not present financial
position, results of operations, or changes in financial position in
conformity with generally accepted accounting principles. Neither is such
data comparable to a consolidation. Interfund eliminations have not been
made in the aggregation of this data.
K. Capitalization of Leases
Capitalizable leases (as defined in FASB 13), if any, have been treated in
accordance with FASB 13.
15
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
1. Stm~nary of Significant Accounting Policies (Cont.)
L. Re serves
The Village uses the term "Reserve" to designate portions of fund equity
which are not vazlable spendable resources" or are restricted by bond
ordinance.
M. Segment Information
Segment information for Enterprise Funds is presented in a subsequent
footnote.
N. Debt Service
The following funds are used to retire long-term debt:
Debt Service Special Assessment Enterprise
Unmatured bonds and coupons are reported as liabilities and expenditures in
the Debt Service Fund. This treatment is necessary because property taxes
which are associated with those bonds and coupons have been reflected as
revenues in the current period (See Note 1, 0.).
O. Property Taxes
Property Taxes attach as an enforceable lien on January 1. They are levied
by the second Tuesday in September of the subsequent fiscal year (by
passage of a Tax Levy Ordinance). Tax bills are preapred by the County and
issued on about March 1, 1982 and August 1, 1982. The County collects such
taxes and remits them periodically. Property tax revenues are recognized
in the same accounting period as when the property tax levy is adopted even
though the taxes are not collected until the following year.
Property taxes receivable which are delinquent more than one year have been
fully reserved; subsequent collections of such taxes are reflected as
"prior years' taxes" revenue in the period received. The allowance for
uncollectible taxes has been stated at 1% of the 1981 tax levy, to reflect
actual collection experience.
P. Financial Reporting
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
"Governmental Accounting and Financial Reporting Principles - NCGA
Statement 1".
!
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
2. Retirement Fund Commitments
A. Illinois Municipal Retirement Fund
1)The Village is a participating member of the Illinois Municipal
Retirement Fund (IMRF) which covers all of its employees who:
occupy a job normally requiring 600 hours or more per year;
a)
b) are paid on a regular payroll from Village funds;
c) were under age sixty when first entering employment; and
d) are not covered by another state created retirement system for the
same service.
2) The Illinois Municipal Retirement Fund's (Chicago) actuary estimated
that as of December 31, 1979, the present value of currently accrued
retirement obligations of the Village was $2,297,749. The Village had
accumulated assets of $755,618 on the same date. Therefore, the
balance of $1,542,131 remains to be financed by future contributions
payable by the municipality on behalf of its present employees. The
normal cost portion of the Village's contribution rate is expected to
provide $347,415 of this amount and the prior service portion of the
rate is expected to provide $1,194,716. The latter amount is
considered to be unfunded at this time; it is sometimes referred to
the "actuarial deficiency." As required by Section 7-172, Chapter
108-1/2, Illinois Revised Statutes, contribution rates are fixed at
levels, certified by the Fund actuary, sufficient to meet the ent{re
cost of benefit payments ultimately to be made.
Actual contributions this year totaled $235,983. This is a statewlde
plan, administered by IMRF. The Village has no further liability to
this plan.
B. Police Pension Fund
1) Chapter 108-1/2, Sections 3-125 and 127 of the Illinois Revised
Statutes, provide that municipalities shall establish and maintain a
reserve fund of not less $10,000 for each policeman and each bene-
ficiary; 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
17
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31,
1981
Retirement Fund Commitments (Cont.)
B. Police Pension Fund (Cont.)
actuarial reserve over a 39 year period ending in 2020. The total
actuarial requirements at December 31, 1980 (the date of the latest
computation) amounted to $5,482,956, as determined by the Illinois
of Insurance.
Department
Net present assets $2,232,582
Unfunded accrued liability 3,250,374
$5,482,956
Actual contributions this year totaled $309,346. This is a
single-employer plan administered by the Village.
2) Changes in Fund Balance
Reserved for
Employee
Retirement
Total Unreserved System
Balances - January 1, 1981 $2,232,582 $(2,881,818) $5,114,400
Additions
Employer Contributions (Taxes) 329,621 329,621
Employee Contributions 104,769 104,769
Interest 231,609 231,609
Total Balances and Additions $2,898,581 $(2,215,819) $5,114,400
Actuarial Adjustments
Increase (Decrease) in
Unfunded Accrued Liability - (871,824) 871,824
Total Revised Balances ~2,898,581 $(3,087,643) $5,986,224
Deductions
Benefit Payments $ 146,947 $ 146,947
Miscellaneous 15,784 15,784
Total Deductions $ 162,731 $ 162,731 -
Balances - December 31, 1981 $2,735,850 $(3,250,374) $5,986,224
VILLAGE OF GLFNVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
2. Retirement Fund Commitments (Cont.)
B. Police Pension Fund (Cont.)
3) Tax Levy Requirements
Amount necessary to provide the normal cost
based on the annual payroll of active
participants as of December 31, 1980 $130,615
Amount necessary to amortize the unfunded
accrued liability of $3,250,374 as
determined by the State of Illinois Depart-
merit of Insurance over the remaining
39.0027 years as contemplated by Section
3-127 of the Illinois Pension Code. 204,053
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 $334,668
C. Firemen's Pension Fund
i) Chapter 108-1/2, Sections 4-120 and 127 of the Illinois Revised
Statutes, provide that municipalities shall establish and maintain a
reserve fund of not less that $1,000 for each 1,000 inhabitants;
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
proportionate amount needed annually to insure the accumulation of such
actuarial reserve over a 39 year period ending in 2020. The actuarial
requirements at December 31, 1980 (the date of the latest computation)
amounted to $3,161,060 as determined by the Illinois Department of
Insurance.
Net present assets $1,531,988
Unfunded accrued liability 1,629,072
~3,161,060
19
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Retirement Fund Commitments (Cont.)
C. Firemen's Pension Fund (Cont.)
1) (Cont.)
Actual contributions this year totaled $217,687. This is a single-
employer plan, administered by the Village.
2) Changes in Fund Balance
Reserved For
Employee
Retirement
Total Unreserved System
Balances - January 1, 1981 $1,531,989 $ (764,412) $2,296,401
Additions
Employer Contributions (Taxes) 250,401 250,401
Employee Contributions 76,526 76,526
Interest 184,253 184,253
Total Balances and Additions $2,043,169 $ (253,232) $2,296,401
Actuarial Adjustments
Increase (Decrease) in
Unfunded Accrued Liability (1,344,383) 1,344,383
Total Revised Balances $2,043,169 $(1,597,615) $3,640,784
Deductions
Benefit Payments $ 30,932 $ 30,932
Miscellaneous 525 525
Total Deductions $ 31,457 $ 31,457 -
Balances - December 31, 1981 $2,011,712 $(1,629,072) $3,640,784
2o
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
2. Retirement Fund Commitments (Cont.)
C. Firemen's Pension Fund (Cont.)
3) Tax Levy Requirements
Minimum amount necessary to provide actuarial
amount 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
December 31, 1980 $214,532
Amount necessary to amortize the unfunded
accrued liablity of $1,629,072 as deter-
mined by the State of Illinois Department
of Insurance over the remaining 39.0027
years as contemplated by Section 4-118
of the Illinois Pension Code 89,361
Total amount of tax levy necessary to arrive
at the annual requirements of the Fund as
required in Section 4-118 of the Illinois
Pension Code $303,893
21
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Long-Term Debt
A. Changes in Long-Term Debt
Balances Balances
Jan. 1, 1981 Issuances Retirements Dec. 31, 1981
General Obligation Bonds
Public Administration
Building Bonds 1972 $ 895,000 $100,000 $ 795,000
Municipal Building
Bonds of 1979 900,000 50,000 850,000
Waukegan Road Sanitary
District Sewer Bonds
of 1968 26,000 4,000 22,000
$ 1,821,000 - $154,000 $1,667,000
General Obligation Bonds
Carried as Liabilities
On Funds Enterprise
Corporate Purpose -
1976 $ 245,000 $ 45,000 $ 200,000
1977 4,225,000 150,000 4,075,000
1979 5,600,000 175,000 5,425,000
$10,070,000 - $370,000 $9,700,000
Revenue Bonds
Waterworks and Sewerage
Revenue Bonds - 1964 $ 460,000 - $ 50,000 $ 410,000
Special Assessment Bonds $ 30,000 - $ 22,000 $ 8,000
Special Service Area Bonds
#1 of 1980 $ 63,000 $ 7,000 $ 56,000
#2 of 1981 $38,000 2,033 35,967
#3 of 1981 25,000 1,337 23,663
$ 63,000 $63,000 $ 10,370 $ 115,630
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Long-Term Debt (Cont.)
Debt Service Requirements to Maturity
ANNUAL PRINCIPAL AND INTEREST REQUIREMENTS
General
Obligation
Bonds
Carried as
Fiscal Year General Enterprise Special Special
Ending Obligation Fund Revenue Assessment Service
December 31 Bonds Liabilities Bonds Bonds Area Bonds Total
1982 $245 365 $985 738 $68,185 $8,000 $18,079 $1,324,367
1983 248 025 959 813 66,315 17,660 1,291,813
1984 295 235 958 788 69,360 17,239 1,340,622
1985 290 431 955 888 67,320 16,820 1,330,459
1986 284 194 901 438 65,250 16,399 1,267,281
1987 267 737 900 363 63,150 15,980 1,247,230
1988 231 400 898 138 61,050 15,560 1,206,148
1989 271 250 918 813 15,140 1,205,203
1990 158 250 886 188 14,719 1,059,157
1991 905 375 7,509 912,884
1992 897 125 7,508 904,633
1993 887 250 7,509 894,759
1994 876 125 7,510 883,635
1995 888 025 7,509 895,534
1996 897 025 3,755 900,780
1997 902 725 902,725
1998 505 500 505,500
1999 503 500 503,500
23
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 1981
Fixed Assets
A. Changes in General Fixed Assets
Balances Balances
Jan. 1, 1981 Additions Deletions Dec. 31, 1981
Land $1,481,758 $ 1,481,758
Buildings and
Improvements 5,816,288 5,816,288
Equipment 2,174,096 $382,351 $83,280 2,473,167
Furniture 268,000 268,000
Office Equipment 218,356 218,356
$9,958,498 $382,351 $83,280 $10,257,569
B. Summary of Proprietary Fixed Assets at December 31, 1981
Enterprise
Waterworks Waterworks Commuter
and Sewerage and Sewerage Parking
Fund - East Fund - West Lot Fund
Land $ 67,851
Buildings 70,676
Improvements Other than Buildings 716,907 $ 8,990,055 $106,514
Equipment and Vehicles 349,603 146,740
Water Mains 4,355,847 1,103,573
Total $5,560,884 $10,240,368 $106,514
Less Accumulated Depreciation 1,859,176 574,382 77,i16
Net $3,701,708 ~ 9,665,986 $ 29,398
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
5. Motor Fuel Tax Fund
The balance of Unobligated Funds in the Motor Fuel Tax Fund at December 31,
1981 is $1,412,029.
Unobligated Funds
$1,334,467
January I, 1981 387,629
Allotments
Credits (Unexpended - Approved Projects
and Interest Income)
Project Number
1975 - 00062-00-ES $ 16
1977 - 00064-00-SP 4,201 4,217
$1,726,313
Less - Authorizations by the Illinois
Department of Transportation
Project Number
1972 - 00051-00-TD $ 4,950
1977 - 00067-03-ES 2,000
1978 - 00000-00-GM 1
1979 - 00074-00-SP 24,905
1980 - 00082-00-FP 256,691
1981 - O0089-00-FP 791 289,338
December 31, 1981 $1,436,975
25
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Commuter Parking
Lease Agreements
The Village of Glenview is a lessee 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 operating 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.
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 (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 $77,116 computed on a straight-line method.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
7. Capital Projects Funds
A. The Village Hall Construction Fund is accounting for the construction of
the new village hall completed in November of 1980. The contract for the
construction of the new village hall is $1,832,964.
B. The Public Works Garage Fund was created to account for the construction
of a new garage facility. The land has already been acquired but
construction has not started.
8. Waterworks and Sewerage Fund - East - Revenue Bond Ordinance Disclosures.
1.Accounts: Section 9 of the Revenue Bond Ordinance of 1964 created the following
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 all expenses which are paid on an
annual basis.
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 each month until all bonds have
been paid or provided for.
Depreciation, improvement and extension account - the sum of $2,000
each month.
Surplus revenue account - at the end of each fiscal year all monies after
distribution of the above amounts to their respective accounts.
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 surplus
27
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
Waterworks and Sewerage Fund - East - Revenue Bond Ordinance Disclosures
1. (Cont.)
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 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 improvements and
extensions of the system. Whenever the account aggregates $250,000, any
sums in excess thereof may be transferred to the bond reserve account or to
the surplus revenue account.
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;
a sum equal to 7-1/2% of the annual gross revenue or
such percentage as the President and Board of Trustees
may establish.
2. Supplemental information required under bond ordinance provisions, not
subject to audit:
Waterworks Waterworks
and Sewerage and Sewerage
Fund - East Fund - West
a. Number of sewer customers served during fiscal year 6,580 1,168
b. Number of metered water customers at
December 31, 1981 7,i67 4,662
c. N~nber of unmetered water customers at
December 31, 1981 0 0
d. Gallons of water pumped during fiscal year. 1,010,223,000 747,236,000
e. Gallons of water billed during fiscal year. 886,578,000 647,767,000
Waukegan Road Sanitary District Sewer Bonds of 1968
During fiscal year ended December 31, 1980, the Village annexed all land
surrounding the Waukegan Road Sanitary District with the agreement that it
would take ownership of the assets and pay off any outstanding liabilities
which included a $30,000 remaining balance on General Obligation Bonds.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
10. Deficit Fund Balances/Retained Earnings of Individual Funds
No fund had a deficit Fund Balances/Retained Earnings at December 31, 1981.
11. The Village maintains two Enterprise Funds which provide water and sewerage, and
one Enterprise Fund providing parking services. Segment information for the year
ended December 31, 1981 is as follows:
Waterworks Waterworks Con~nuter
and Sewerage and Sewerage Parking
Fund - East Fund - West Lot Total
Operating Revenues $1,123,909 $1,795,742 $ 58,362 $ 2,978,013
Depreciation, Depletion, and
Amortization Expense 137,553 210,773 5,289 353,615
Operating Income or (Loss) 100,447 848,375 54,574 1,003,396
Operating Grants, Entitlements, _ _ _ and Shared Revenues -
Operating Transfers 18,750 In 18,750
Out (40,737) (36,627) (77,364)
Tax Revenues
Net Income (Loss) (42,375) 124,804 59,291 141,720
Current Capital Contributions
and Transfers -
Contributions (31,500)
Transfers (31,500)
Plant, Property and Equipment
Additions - 577,334 577,334
Deletions -
Net Working Capital 625,310 800,134 143,248 1,568,692
Bonds and Other Long-Term Liabilities
Payable from Operating Revenues 610,000 9,500,000 - 10,110,000
Payable from Other Sources
Total Equity 4,272,655 966,120 172,646 5,411,421
29
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
12. Interfund Receivables and Payables
Due Due
From To
General
Corporate
Library $ 77,528
Illinois Municipal Retirement $ 16,791
Federal Revenue Sharing 60,000
Debt Service 30,757
Special Assessment 39,979
Waterworks and Sewerage Fund - East 505
Waterworks and Sewerage Fund - West 9,632
Police Pension 10,648
Firemen's Pension 7,528
Escrow Deposit 90,846
Deposit 7,788
Regional Emergency Dispatch Center 63,999
$238,511 $177,490
Special Revenue
Public Library
Corporate $ 77,528
Debt Service $ 98,549
$ 98,549 $ 77,528
Federal Revenue Sharing
Corporate $ 60,000
Debt Service $111,236 154,100
Public Works Garage -~,236 -~,100
Illinois Municipal Retirement
Corporate $ 16,791
Debt Service $ 1,723
14,100
Regional Emergency Dispatch Center ~ 30,891 $ 1,723
Total Special Revenue $240,676 $293,351
3o
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
12. Interfund Receivables and Payables (Cont.)
Due Due
From To
Debt Service
Debt Service
Corporate $ 30,757
Public Library $ 98,549
Illinois Municipal Retirement 1,723
Federal Revenue Sharing 111,236
Village Hall Construction 38,349
Waterworks and Sewerage Fund - East 3,501
Waterworks and Sewerage Fund - West 515,733
Police Pension 1,077
Firemen's Pension 646
$549,936 $251,635
Capital Projects
Village Hall Construction
Debt Service $ 38,349
Public Works Garage
Federal Revenue Sharing 154,100
Total Capital Projects $192,449
Special Assessment
Special Assessment
Corporate $ 39,979
and Sewerage Fund - West $425,000
Waterworks
$ 39,979 $425,000
Enterprise
Waterworks and Sewerage Fund - East
Corporate $ 505
Debt Service $ 3,501
Waterworks and Sewerage Fund - West 100,000
$ 3,501 $100,505
Waterworks and Sewerage Fund - West
Corporate $ 9,632
Debt Service 515,733
Special Assessment $100,000
Waterworks and Sewerage Fund - East 425,000
$525,000 $525,365
Commuter Parking Lot
Deposit $ 170
Total Enterprise $528,671 $625,870
31
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
12. Interfund Recelvables and Payables (Cont.)
Due Due
From To
Internal Service
Regional Emergency Dispatch Center
Corporate $ 63,999
Illinois Municipal Retirement $ 14,100
Escrow Deposit 25,700
$ 63,999 $ 39,800
Trust and Agency
Escrow Deposit
Corporate $ 90,846
Regional Emergency Dispatch Center $ 25,700
$ 25,700 $ 90,846
Deposit
Corporate $ 7,788
Commuter Parking Lot $ 170
$ 7,788 $ 170
Police Pension
Corporate $ 10,648
Debt Service $ 1,077
$ 10,648 $ 1,077
Firemen's Pension
Corporate $ 7,528
Debt Service $ 646
$ 7,528 $ 646
Total Trust and Agency $ 51,664 $ 92,739
$1,905,885 $1,905,885
13. Waterworks and Sewerage Fund East and West - Long-Term Bonds Payable
The financial statements reflect the Corporate Purpose Bonds, Series 1976, 1977
and 1979 as long-term liabilities (principal only) at December 31, 1981. These
are general obligation bond issues whose tax levy has been abated and payments
for the debt are being made by the Waterworks and Sewerage Funds. The intent
of the Village is to continue this practice in future years.
14. Excess of Actual Expenditures/Expenses over Budget in Individual Funds
No fund had an excess of actual expenditures/expenses over budget for the year
ended December 31, 1981.
VILLAGE OF GLENVIEW, ILLINOIS
NOTES TO THE FINANCIAL STATEMENTS
DECEMBER 31, 1981
15. Prior Period Adjustments
Waterworks and Sewerage Fund - East
To reflect an interfund transfer between Waterworks and
Sewerage Fund - East and the Debt Service Fund that
should have been recorded in March, 1980. These transfers
were needed to pay principal and interest on the 1976
Corporate Purpose Bond issues. $ (59,985)
Waterworks and Sewerage Fund - West
To reflect an interfund transfer between Waterworks and
Sewerage Fund - West and the Debt Service Fund that should
have beem recorded in March, 1980. These transfers were
needed to pay principal and interest on the 1978 and 1979
Corporate Purpose Bond issues. $(360,984)
GOVERNMENTAL FUND TYPES
GENERAL FUND
Fund Description
General Fund
The General Fund, also re~erred to as the Corporate Fund, is used to account ~or
resources traditionally associated with governmental services not required to be
accounted for in another fund.
33
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
BALANCE SHEET
DECEMBER 31, 1981
1981 1980
ASSETS
Cash and Investments $1,235,040 $ 815,833
Receivables
Property Taxes - Current Levy 952,750 952,750
Allowance for Uncollectible Taxes (9,528) (9,528)
Replacement Taxes 34,040 48,492
Other 935,875 782,355
Due from Other Funds (Note 12) 238,511 396,844
$3,386,688 $2,986,746
LIABILITIES AND FUND BALANCE
Liabilities
Accounts Payable $ 68,457 $ 231,244
Due to Other Funds (Note 12) 177,490 46,253
Refundable Deposits 3,828 5,575
Total Liabilities $ 249,775 $ 283,072
Fund Balance (Page 34) 3,136,913 2,703,674
$3,386,688 $2,986,746
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
1981 1980
Budget Actual Actual
Revenues
1981 Tax Levy $ 952,750 $ 952,750
Provision for Uncollectible Taxes (9,528) (9,528)
$ 925,000 $ 943,222 $ 943,222
Replacement Taxes 33,206 21,349 56,052
Prior Years' Tax (18,993) (14,812)
Municipal Sales Tax 1,600,000 1,828,356 1,570,777
Utility Tax 1,400,000 1,466,643 1,302,489
Illinois Income Tax 590,000 585,594 531,375
Road and Bridge Tax 50,000 68,598 57,073
Traffic Fines 180,000 200,659 163,544
Interest on Investments 95,000 115,807 154,305
Administrative Service Fees 357,172 357,558 286,740
Intergovernmental Transfers 19,329 62,047
Miscellaneous 59,265 188,209 83,441
Licenses 412,150 409,675 438,661
Permits and Current Service Charges 295,800 152,377 206,674
$5,997,593 $6,338,383 $5,841,588
Expenditures (Page 35)
General Government $1,084,404 $1,098,214 $1,074,895
Public Safety 3,273,480 3,198,149 2,778,722
Development and Public Services
Administration 1,739,137 1,560,988 1,319,983
$6,097,021 $5,857,351 $5,173,600
Excess (Deficiency) of Revenues over
Expenditures before Operating Transfers $ (99,428) $ 481,032 $ 667,998
Operating Transfers In (Out)
Debt Service Fund $ (4,200)
Special Service Area Number One Fund $ 22,547
Special Service Area Number Two Fund 7,033
Special Service Area Number Three Fund 5,159
Escrow Deposit Fund $ 150,000 89,133 224,415
Village Hall Construction Fund (300,000)
Public Works Construction Fund (150,000) (150,000) (150,000)
Regional Emergency Disatch Center Fund 4,082 4,082
Police Pension Fund 500
Firemen's Pension Fund 500
$ 4,082 $ (47,793) $ (203,038)
Excess (Deficiency) of Revenues
over Expenditures $ (95,346) $ 433,239 $ 464,950
Fund Balance
January 1 2,703,674 2,238,724
December 31 (Page 33) $3,136,913 $2,703,674
See accompanying Notes to the Financial Statements.
35
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
1981 1980
Budget Actual Actual
General Government
Board of Trustees $ 7,710 $ 7,338 $ 5,660
Special Board 15,450 15,043 67,610
Village Clerk's Office 9,396 7,675 7,031
Elections 1,100 66
Legal 251,000 255,043 237,409
Village Manager's Office 182,240 178,214 140,586
Finance 307,367 300,297 299,455
Municipal Building and Grounds 65,245 60,591 89,847
Personnel 244,896 273,947 227,297
$1,084,404 $1,098,214 $1,074,895
Public Safety
Police Department $1,976,500 $1,923,838 $1,666,124
Fire Department 1,275,012 1,251,717 1,099,763
Printing and General Services 21,968 22,594 12,835
$3,273,480 $3,198,149 $2,778,722
and Public Services
Development
Administration $ 99,033 $ 93,235 $ 89,373
Planning and Zoning 45,306 42,525 23,757
Engineering 155,870 144,932 113,836
Public Works - General Street Maintenance 399,973 380,568 318,689
Public Works - Special Projects 54,500 28,432 157,702
Public Works - Snow Removal 178,883 139,046 102,516
Public Works - Parkway Maintenance 262,192 201,327 124,737
Public Works - Garage 290,194 283,995 193,310
Building Inspection 193,694 188,828 150,681
General Health 59,492 58,100 45,382
$1,739,137 $1,560,988 $1,319,983
SPECIAL REVENUE FUNDS
Fund Descriptions
Library Fund
The Library Fund is used to account for the resources necessary to provide the
educational, cultural and recreational activities of the Glenview Public Library.
Federal Revenue Sharing Fund
This fund provides accountability for Federal Revenue Sharing monies received under
Title I of the State and Local Fiscal Assistance Act of 1972.
Illinois Municipal Retirement Fund
The Illinois Municipal Retirement Fund is used to account for the revenue and
expenses associated with providing disability and pension benefits for Glenv{ew
employees. This fund also provides the employer with a portion of F.I.C.A.
Contributions.
Motor Fuel Tax Fund
The Motor Fuel Tax Fund is used to account for the activities involved with street
maintenance and construction. Financing is provided by the Village's share of
State gasoline taxes. State law requires these gasoline taxes to be used to
maintain streets.
38
VILLAGE OF GLENVIEW, ILLINOIS LIBRARY FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
1981 Tax Levy $598,430
Provision for Uncollectible Taxes (5,984)
$521,500 $592,446
Replacement Taxes 16,347 25,223
Prior Years' Taxes (12,647)
Interest Income 15,000 9,294
Other Current Charges 65,000 72,933
$617,847 $687,249
Expenditures 601,500 585,440
Excess of Revenues over Expenditures $ 16,347 $101,809
Fund Balance
January 1, 1981 813,002
December 31, 1981 (Page 36) $914,811
See accompanying Notes to the Financial Statements.
m
4O
VILLAGE OF GLENVIEW, ILLINOIS
ILLINOIS MUNICIPAL RETIREMENT FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
1981 Tax Levy $356,097
Provision for Uncollectible Taxes (3,561)
$298,685 $352,536
Replacement Taxes 10,339 13,939
Prior Year Taxes (6,447)
Employee Deductions 261,449 249,723
Other 8,599
$570,473 $618,350
Expenditures
Participating $589,088 $504,120
Non-Participating 18,923
$608,011 $504,120
Excess (Deficiency) of Revenues before
Operating Transfers $(37,538) $114,230
Operating Transfers In
Waterworks and Sewerage Fund - East $ 35,597 $ 35,597
Waterworks and Sewerage Fund - West 17,877 17,877
Regional Emergency Dispatch Center Fund 14,100
$ 53,474 $ 67,574
Excess of Revenues over Expenditures $ 15,936 $181,804
Fund Balance
January 1, 1981 531,451
December 31, 1981 (Page 36) $713,255
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
MOTOR FUEL TAX FUND
REVENUES, EXPENDITURES,
STATEMENT
OF
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
Allotments $ 352,800 $ 387,629
Interest Income 70,000 190,421
Miscellaneous 1,634,000 2,690
$2,056,800 $ 580,740
Expenditures
Mass Transit $ 5,000 $ 4,950
Faus/Harlem Central 130,000 127,058
Pavement Evaluation 2,000 2,000
Linneman Street Paving 260,000 155,833
Club Circle/Chatham 259,000 8,518
Grove Street Bridge 20,000
Glenview Road Railroad Crossing 10,000 1,866
Faus Chestnut Avenue 200,000 41,185
Park Drive Paving 300,000 168,519
Burr Oak Paving 380,000 10,928
Faus Glenview Road West End 63,000
Shermer North of Lake 100,000 180
Bus Turn Around 25,000
Carillion Waukegan Traffic Light 90,000 6,078
Prairie Street Paving 300,000
Hunter Road Pavement 230,000 727
$2,374,000 $ 527,842
Excess (Deficiency) of Revenues
over Expenditures $ (317,200) $ 52,898
Fund Balance
January 1, 1981 1,604,743
December 31, 1981 (Page 36) $1,657,641
See accompanying Notes to the Financial Statements.
DEBT SERVICE FUNDS
Fund Descrlpt{on
The Debt Serv{ce Funds are used to account for the accumulation of resources for
the payment of General Long-Term Debt. The following issues are being retired by
tax levy.
Special Service Area Number 3 of 1981
This issue in the amount of $25,000 was used to construct a water main on
Woodlawn Drive.
Special Service Area Number 2 of 1981
This issue in the amount of $38,000 was used to construct a sanitary
sewer on Woodlawn Drive.
Special Service Area Number 1 of 1981
This issue in the amount of $70,000 was used to install a lighting system
in the Swainwood Subdivison.
Municipal Building Bonds of 1979
This issue in the amount of $950,000 was used to construct the Village
Public Library Parking Lot Bonds of 1974
This issue in the amount of $200,000 was used to construct a library
parking lot.
Fire Station Building Bonds of 1974
This issue was used to construct a fire station.
Police Administration Building Bonds of 1972
This issue in the amount of $1,400,000 was used to construct the Police
Administration Building.
Waukegan Road Sanitary Service Bonds of 1968
This issue in the amount of $38,000 was used to construct a sanitary
sewer on Woodlawn Drive.
CAPITAL PROJECT FUNDS
Fund Descriptions
Village Hall Construction Fund
The Village Hall Construction Fund is used to account for the revenues and expenses
involved with the construction of the new village hall. The final disbursement
from this fund is expected to be made in 1982.
Public Works Garage Fund
The Public Works Garage Fund is used to account for the revenues and expenses
associated with the construction of a new public works garage. Construction of the
garage will occur in the fall of 1982.
Capital Equipment Replacement Fund
The Capital Equipment Replacement Fund is used to account for the funds annually
set aside for the eventual replacement of certain capital equipment.
m
46
VILLAGE OF GLENVIEW, ILLINOIS
VILLAGE HALL CONSTRUCTION FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
Interest Income $106,207
Expenditures
Contractual Services 159,501
Excess (Deficiency) of Revenues over Expenditures
$(53,294)
Fund Balance
January 1, 1981 243,926
December 31, 1981 (Page 44) $190,632
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
PUBLIC WORKS GARAGE FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CRANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
Interest Income $ 36,100 $ 81,327
Expenditures
Contractual Services 988,400 42,943
Excess (Deficiency) of Revenues over Expenditures
before Operating Transfers $(952,300) $ 38,384
Operating Transfers In (Out)
Corporate Fund $ 150,000 $150,000
Revenue Sharing Fund 154,100 154,100
$ 304,100 ~-~,100
Excess (Deficiency) of Revenues over Expenditures $(648,200) $342,484
Fund Balance
January 1, 1981 592,728
December 31, 1981 (Page 44) $935,212
See accompanying Notes to the Financial Statements.
48
VILLAGE OF GLENVIEW, ILLINOIS
SPECIAL SERVICE AREA NUMBER TWO FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEblBER 31, 1981
Budget Actual
Revenues - -
Expenditures
Sanitary Sewer Improvements - $ 30,967
Excess (Deficiency) of Revenues over Expenditures
before Other Financing Sources (Uses) - $(30,967)
Other Financing Sources (Uses)
Operating Transfers (Out)
Corporate Fund $ (7,033)
Bond Proceeds 38,000
$ 30,967
Excess of Revenues over Expenditures -
Fund Balance
January 1, 1981 -
December 31, 1981 (Page 44) -
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
SPECIAL SERVICE AREA NUMBER THREE FUND
STATEMENT OF REVENUES, EXPENDITURES,
A~D CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues - -
Expenditures
Water Main Improvements - $ 19,841
Excess (Deficiency) of Revenues over Expenditures
before Other Financing Sources (Uses) - $(19,841)
Other Financing Sources (Uses)
Operating Transfers (Out)
Corporate Fund $ (5,159)
Bond Proceeds 25,000
$ 19,841
Excess of Revenues over Expenditures
Fund Balance
January 1, 1981
December 31, 1981 (Page 44) -
See accompanying Notes to the Financial Statements.
5O
VILLAGE OF GLENVIEW, ILLINOIS
CAPITAL EQUIPMENT REPLACEMENT FUND
STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budge~. Actual
Revenues
Interest Income $ 2,500 $ 25,826
Miscellaneous 215,878 237,570
'$ 218,378 $263,396
Expenditures
Contractual Services $ 300 $ 355
Automobiles 130,500 251,058
$ 130,800 $251,413
Excess of Revenues over Expenditures $ 87,578 $ 11,983
Fund Balance
January 1, 1981 139,848
December 31, 1981 (Page 44) $151,831
See accompanying Notes to the Financial Statements.
SPECIAL ASSESSMENT FUNDS
Fund Descriptions
Special Assessment Fund 62 C05167
This fund is inactive and will be closed out at December 31, 1982.
Special Assessment Fund 73 C00338
This fund accounts for the activity in warrant number 73 C00338. Particular
taxpayers were assessed, whose properties benefited by special improvements.
PROPRIETARY FUND TYPES
ENTERPRISE FUNDS
Fund Descriptions
Water and Sewer Fund - East
The Water and Sewer Funds - East is used to account for the provision of water and
sewer service to the residents of east Glenv{ew. All activity necessary to
provide such services is accounted for in this fund including, but not limited to
Administration (Director of Development and Public Services), Operation,
Maintenance, Financing and related Debt Service, and Billing and Collection.
Water and Sewer Fund - West
The Water and Sewer Fund - West is used to account for the provision of water and
sewer service to the residents of west Glenview and the unincorporated area
adjacent to the western boarder of the Village. All activity necessary to provide
such services is accounted for in this fund including, but not limited to,
Administration (Director of Development and Public Services), Operations,
Maintenance, F~nancing and related Debt Service, and Billing and Collection.
Commuter Parking Lot Fund
The Commuter Parking Lot Fund accounts for the activity involved with but not
limited to the Administration (Finance Director), sale of permits and maintenance
of the commuter parking facilities within the Village.
VILLAGE OF GLENVIEW, ILLINOIS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
DECEMBER 31, 1981
(See Following Page)
m
VILLAGE OF CLENVIEW, ILLINOIS
ENTERPRISE FUNDS m
COMBINING STATEMENT OF REVENUES, EXPENSES,
AND CMANGES IN RETAINED EARNINGS - UNRESERVED
FOR THE YEAR ENDED DECEMBER 31~ 1981 m
waterworks and Waterworks and Commuter
Sewerage Sewerage Parking Totals m
Fund - East Fund - West Lot Fund 1981 1980
Operating Revenues m
Charges for Services
Water and Sewer Charges $1,000,534 $1,710,188 $2,710,722 53,318,411
Meter Fees $ 58,362 58,362 52,582
Water Connection Charges 8,805 65,640 74,445 36,544
Water Meters and Remote m
Readers 4,905 3,181 8,086 13,904
Miscellaneous 109 665 16,733 126,398 25,343
Total ~ ~ $ 5S~362 ~
Operating Expenses - Excluding m
Depreciation and Amortization
m
Administration $ 160,588 $ 294,856 5 1,768 $ 457,212 $ 579,493
Operations and Maintenance 862~874 6521511 2t020 1,5171405 1 724,591
Total $1)023,462 $ 947,367 $ 3~788 $1,974~617 ~ m
Net Operating Income (Loss) before
Depreciation and ~Jaortization $ 100~447 $ 848,375 S 54,574 $1.003,396 S1,142,700
Depreciation $ 137,553 $ 210,773 $ 348,326 $ 278,211 m
Amortization $ 5,289 5,289 5,289
m
$ 137~553 ~ ~ $ 353,615 5 283,500
Net Operating Income (Loss) $ (37~106) $ 637,602 $ 49,285 $ 649,78] $ 859,200 m
Nonoperating Revenues {Expenses)
Interest Income $ 43,308 $ 135,g17 5 10,006 $ 189,231 $ 665,484
Interest Expense (26~590) (612 088) (638.678) (644,905) I
$ 16~718 ~) $ 10,006 $ (449,447) $ 20,579
m
Net Income (Loss) before Other
Financing Sources (Uses) $ (20~388) $ 161,431 $ 59~291 $ 200~334 5 879,779
Other Financing Sources (Uses)
Operating Transfers In $ 18,750 $ 18,750
Operating Transfers (Out) (40 737) 5 (36,627) {77,364)
m
Net Income (Loss) $ (42,375) $ 124~804 $ 59,291 5 141,720 $ 879,779
Retained Earnings - Unreserved m
January 1 $3,850.878 $1,202,300 $113,355 $5,166,533 $4,077,975
Prior Period Adjustments(Note 15) (59~985) (360,984) (420,969) 173.646
Adjusted Balances $3,790,893 $ 841,316 $113,355 $4,745,564 54,251,621
Intrafund Transfers From (to)
Retained gamings - Re ser~ed
Restricted Accounts (31 500) (31,500) 35 ]33
~ 3 841,316 $113,355 $;,714,064
December 31 (Page 53) SBt717pO18 $ 966~120 $172p646 $4~855,7g4 $5,166,533 m
see accompanying Notes to the Financial Statements.
!
II
55
VILLAGE OF GLENVIEW, ILLINOIS ENTERPRISE FUNDS
COMBINING STATEMENT OF CHANGES IN FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31~ 1981
Waterworks Waterworks
and and Commuter
Sewerage Sewerage Parking Totals
Fund - East Fund - West Lot Fund 1981 1980
Cash Was Provided By
Operations
Net Income (Loss) $ (42,375) $ 124,804 $ 59,291 $ 141,720 $ 879,779
Add Back Non-Cash Expense
Depreciation 137,553 210,773 348,326 278,211
Amortization 5~289 . 5,289 5,289
$ 95,178 $ 335~577 $ 64,580 $ 495,335 $ 1,163,279
Increase in Current Liabilities
(Payable from Current Assets) 271,089 271,089 536,426
Increase in Current Liabilities
(Payable from Restricted Assets) 87,850 80,686 ]68,536
Intrafund Transfers from Restricted A~counts 64,970 64,970 2,]09,394
Increase in Restricted Accounts 108,227 108,227
Funding a Prior Period Adjustment 234,214
Decrease in Current Assets 34,611 34,611
$ 390,836 $ 687,352 $ 64,580 $ 1,142,768 $ 4,043,313
Cash Was Used To
Increase Current Assets $ 328,265 $ 7,071 $ 335,336 $ 528,099
Purchase Fixed Assets 577,334 577,334 5,313,982
Pay Bond Principal $ 95,000 325,000 420,000 340,000
Intrafund Transfers to R~stricted Accounts 96,470 96,470 85~880
Fund Prior Period Adjustment 59,985 360,984 420~969 60,568
Increase Restricted Assets 196,077 80,686 276,763 1,988,381
Decrease in Current Liabilities
(Payable from Current Assets) 205,589 25 205,614
$ 653,121 $1,672,269 $ 7,096 $ 2,332,486 $ 8,316,910
Net Increase (Decrease) $(262,285) $ (984,917) $ 57,484 $(1,189,718)
Cash and Investments
January 1 712~636 1~701,569 76,694 2,4921919 6,766,516
December 31 (Page 53) $ 450,351 $ 716,672 $136,178 $ 1,303~201 $ 2~492,919
See acco~panying Notes to the Financial Statements.
m
VILLAGE OF GLENVIEW~ ILLINOIS
WATERWORKS AND SEWERAGE FLeD - EAST
BALANCE SHEET
DECEMBER 31~ 1981 m
Restricted Accounts
Operations Bond Depreciation,
and Eond PrincipaI Extension and Totals m
Maintenance Reserve and Interest Improvement 198] 1980
ASSETS
Current Assets m
Cash and Investments $ 450,351 $ 450,351 $ 712,636
Receivables
Accounts Receivable 245,843 245,843 269,00&
Accrued Interest 10,120 10,120 17,490 m
Due from Other Funds (Note 12) 3,501 3,501 7,581
Invemtory 16,000 16,000 16,000
$ 725~g15 $ 725,815 $ 1,022,711
Restricted Assets
Cash and Investments $356,086 $50,810 $178,051 $ 584,947 $ 489,260
Accrued Interest 20,980 520 21,500 5,110
Intrafund Receivables 91~500 91,500 7~500
$377,066 $50,810 $270~071 $ 697,947 $ 501~870
Fixed
A~sets
(Page
59)
Cost $5,560,g84 S5,560,884 $ 5,560,BS4
Accumulated Depreciation (l 859 176) (1,859,176) (1,721,623)
~ 3,'~1~708 S 3,839~261
$4,427,523 $377,066 $50,810 $270,071 $5,125,470 $ 5,363~842
LIABILITIES AND FUND EQUITY m
Current Liabilities (Payable
from Ourrent A~sets)
Accounts Payable $ 205,589
Due to Other Funds (Note 12) $ 100,505 $ 100,505 100,505
$ 100,505 $ 100,505 $ 306,094
Current Liabilities (Payable
from Restricted Assets)
Bonds Payable $45,000 $ 45,000 $ 40,000
Interest Payable 5,810 5,810 6,960
Intrafund Payables $ 91,500 91,500 7,500
$ 91,500 $50~810 $ 142,310 $ 54,460
Long-Term Liabilities
Bonds Payable $ 610~000 $ 610,000 $ 705,000
Total Liabilities $ 710~505 $ 91,500 $50,810 ~ 852,815 $ 1,065,554
Fund Equity m
Retained Earnings
Reserved (Page 57) $285,566 $270,071 $ 555,637 $ 447,410
Unreserved (Page 58) $3,717 018 3~717,018 3,850,878 m
Total Fund Equity ~ ~566 ~071 $4,272~655 $ 4~298,288
$4,427,523 $377,066 $50~g10 $270,071 $5,125,470 $ 5,363~842
!
See acco~anying Notes to the Financial Statements. I
!
57
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - EAST
STATEMENT OF CHANGES IN RETAINED EARNINGS -
RESERVED - RESTRICTED ACCOUNTS
FOR THE YEAR ENDED DECEMBER 31, 1981
Bond Depreciation,
Principal Extension
Bond and and
Reserve Interest Improvement Total
Increases
Interest Income $ 47,384 $ 24,743 $ 72,127
Intrafund Transfers from
Operations and
Maintenance Account 7,500 $64,970 24,000 96,470
Transfer from Waterworks
and Sewerage Fund West 75,000 75,000
$ 54,884 $64,970 $123,743 $243,597
Decreases
Intrafund Transfers to
Operations and
Maintenance for Payment
of Bond Principal and
Interest $64,970 $ 64,970
Extraordinary Repairs and
Replacements $ 70,400 70,400
- $64,970 $ 70,400 $135,370
Net Increase $ 54,884 - $ 53,343 $108,227
Account Balance
January l, 1981 230,682 - 216,728 447,410
December 31, 1981 (Page 56) $285,566 - $270,071 $555,637
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS ·
WATERWORKS AND SEWERAGE FUND - EAST
OPERATIONS AND MAINTENANCE ACCOUNT
STATEMENT OF REVENUES, EXPENSES AND CMANGES IN I
RETAINED EARNINGS - UNRESERVED - BUDGET AND ACTUAL
FOR TME YEAR ENDED DECEMBER 31~ 1981
1981 1980
Budget Actual Actus1
Operating Revenues I
Water and Sewer Charges $1,300,000 $1,000,534 $],551,619
Water l~eter Repair Charges 500 2,760
Water Connection Charges 30,000 8,805 28,559
Water Meters and Remote Readers 10,000 4,905 5,351 I
Brass Fittings 3,000 1,315 1,696
Water for Construction 2,000 960 3,587
Miscellaneous 8,000 107,390 10,029
Operating Expenses I
Water Administration $ 238,342 $ 160,588 $ 226,990
Water operations and )talntenance 821,320 530,828 795,551
Pumping Station 97,352 89,283 ]22~223 I
Distribution System 185,961 ]55,910 134,349
Sewer operations and Maintenance 104~160 86~853 78,617
$1,447,135 $1~023~462 $1,357,730
Net Operating Income (Loss) before ·
Depreciation $ (93,635) $ 100,447 $ 245,871
Depreciation 137~553 131,119
Net Operating Income (Loss) $ (93~635) $ (37,106) $ 114,752 I
Nonoperating Income (Expenses)
Interest Income $ 60,000 $ 43,308 $ 84,309
Interest Expense (26~590) (26~590) (30,093)
$ 33,410 $ 16~718 $ 54,216
Net Inc~e (Loss) before
Operating Transfers $ (60~225) $ (20,388) $ 168,968 I
I
Operating Transfers In (Out)
Illinois Municipal Retirement Fund $ (35,597) $ (35,597)
Debt Service Fund (5,140) (5,140)
Waterworks and Sewerage Fund - West 18,750 18,750
$ (21,987) $ (21,987)
Net Income (Loss) $ (82,212) $ (42~375) $ 168,968
Retained Earnings - Unreserved I
January 1 $3,880,g78 $3,707,345
Prior Period Adjustment (Note ]5) (59,985) (60 568)
Adjusted Balances ~ ~ I
Intrafund Transfers (to) from Retained Earnings -
December 31 (Page 56) $31717 01g $3,'50,'78 I
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - WEST
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN
RETAINED EARNINGS - UNRESERVED - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
1981 1980
Budget Actual Actual
Operating Revenues
Water and Sewer Charges $2,070,000 $1,710,188 $1,766,792
Water Connection Charges 15,000 65,640 7,985
Water Meters and Remote Readers 11,500 3,181 8,553
Brass Fittings 3,000 482 713
Water for Construction 6,000 1,302 2,098
Turn on Charges 3,500 1,720 2,890
Miscellaneous 65,000 13,229 1,570
$2,174,000 $i,795,742 $1,790,601
Operating Expenses Excluding
Depreciation
Water Administration $ 294,622 $ 294,856 $ 333,921
Waterworks Operations and Maintenance 585,310 419,874 331,761
Pumping Station 165,272 106,427 139,356
Distribution System 147,315 126,210 122,734
$1,192,519 $ 947,367 $ 927,772
Net Operating Income before Depreciation' $ 981,481 $ 848,375 $ 862,829
Depreciation 210,773 147,092
Net Operating Income $ 981,481 $ 637,602 $ 715,737
Nonoperating Income (Expenses)
Interest Income $ 80,000 $ 135,917 $ 578,684
Interest Expense (606,563) (612,088) (614,812
$ (526,563) $ (476,171) $ (36,128)
Net Income before Operating Transfers $ 454,918 $ 161,431 $ 679,609
Operating Transfers In (Out)
Illinois Municipal Retirement Fund $ (17,877) $ (17,877)
Waterworks and Sewerage Fund - West (18,750) (18,750)
$ (36,627) $ (36,627)
Net Income $ 418,291 $ 124,804 $ 679,609
Retained Earnings
January 1 $1,202,300 $ 288,477
Prior Period Adjustment (Note 15) (360,984) 234,214
Adjusted Balances $ 841,316 $ 522,691
December 31 (Page 53) $ 966,120 $1,202,300
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
COMMUTER PARKING LOT FUND
STATEMENT OF REVENUES, EXPENSES,
AND CHANGES IN RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31, 1981
1981 1980
.Budget Actual Actual
Revenues
Meter Fees $35,000 $ 7,417 $ 52,582
Parking Decals 12,500 50,945
$47,500 $ 58,362 $ 52,582
Expenditures
Contractual and Professional Services $11,250 $ 1,767 $ 9,624
Maintenance Materials 300 219 406
Operational Materials 5,500 1,802 $ 8,552
$17,050 $ 3,788 $ 18,582
Net Operating Income before Amortization $30,450 $ 54,574 $ 34,000
Provision for Amortization - 5,289 5,289
Net Operating Income $30,450 $ 49,285 $ 28,711
Nonoperating Income
Interest 1,600 10,006 2,491
Net Income $32,050 $ 59,291 $ 31,202
Retained Earnings
January 1 113,355 82,153
December 31 (Page 53) $172,646 $113,355
See accompanying Notes to the Financial Statements.
INTERNALSERVlCEFUNDS
Fund Descriptions
Regional Emergency Dispatch Fund
The Regional Emergency Dispatch Fund also referred to as RED is used to account for
the resources involved in dispatching fire and medical emer~enc~ services to a five
community area. This fund is supported by contributions from the f~ve member
departments. As of December 31, 1981 the Regional Emergency Dispatch Center serves
the fire departments of:
Village of Glenview
Village of Morton Grove
Village of Niles
Glenbrook Fire Protection District
North Maine Fire Protection District
63
VILLAGE OF GLENVIEW, ILLINOIS
REGIONAL EMERGENCY DISPATCH CENTER FUND
BALANCE SHEET
DECEMBER 31, 1981
ASSETS
Current Assets
Cash (Page 65) $(2,288)
Due from Other Funds (Note 12) 63,999
$61,711
LIABILITIES AND FUND EQUITY
Current Liabilities
Accounts Payable $ 4,510
Due to Other Funds (Note 12) 39,800
Total Liabilities $44,310
Fund Equity
Retained Earnings (Page 64) 17,401
$61,711
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
REGIONAL EMERGENCY DISPATCH CENTER FUND
STATEMENT OF REVENUES, EXPENSES AND CHANGES
IN RETAINED EARNINGS - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Operating Revenues
Charges for Services
Billings $163,074 $164,076
Training Revenues 2,600
$163,074 $166,676
Operating Expenses 144,192 130,967
Net Operating Income $ 18,882 $ 35,709
Nonoperating Revenues
Interest Income - 574
Net Income before Operating Transfers $ 18,882 $ 36,283
Operating Transfers (Out)
Corporate Fund $ (4,082) $ (4,082)
Illinois Municipal Retirement Fund (14,100) (14,100)
Escrow Fund (700) (700)
Net Income - $ 17,401
Retained Earnings
January 1, 1981
December 31, 1981 (Page 63) $ 17,401
See accompanying Notes to the Financial Statements.
65
VILLAGE OF GLENVIEW, ILLINOIS
REGIONAL EMERGENCY DISPATCH CENTER FUND
STATEMENT OF CHANGES IN FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 1981
Cash Was Provided By
Operations
Net Income $17,401
Increase in Accounts Payable 4,510
Increase in Due to Other Funds 39,800
$61,711
Cash Was Used To
Increase Due from Other Funds 63,999
Net (Decrease) in Cash $(2,288)
Cash
January 1, 1981 -
December 31, 1981 (Page 63) $(2,288)
See accompanying Notes to the Financial Statements.
FIDUCIARY FUND TYPE
TRUST AND AGENCY FUND,~
Fund Descriptions
Expendable Trust-Deposit Fund
This fund is used to account for money on deposit with the Village being held on a
temporary basis such as security deposits for use of Village equipment or the
residents portion of the cost of the 50-50 tree planting program.
Police Pension Fund
The Police Pension Fund is used to account for the resources necessary to provide
disability and retirement benefits to personnel of the Glenview Police Department.
Firemen's Pension Fund
The Firemen's Pension Fund is used to account for the resources necessary to
provide disability and retirement benefits to personnel of the Glenvlew Fire
Department.
Agency-Escrow Deposit Fund
The Escrow Fund is used to account for the funds placed on deposit with the Village
by building contractors working within the Village limits. Interest earned on
escrow deposits is annually transferred to the Corporate Fund.
VILLAGE OF GLENVIEW, ILLINOIS
TRUST AND AGENCY FUNDS
EXPENDABLE TRUST FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCE
FOR THE YEAR ENDED DECEMBER 31, 1981
Escrow
Deposit Deposit Total
Revenues
Interest $117,072 $355 $117,427
Expenditures
Contractual Services 28,639 28,639
Excess of Revenues over Expenditures
before Operating Transfers $ 88,433 $355 $ 88,788
Operating Transfers In (Out)
Corporate $(89,133) $(89,133)
Regional Emergency Dispatch Center Fund ~)700 $---~,433)700
Excess of Revenues over Expenditures - $355 $ 355
Fund Balance
January 1, 1981 - 248 248
December 31, 1981 (Page 66) - $603 $ 603
See accompanying Notes to the Financial Statements.
68
VILLAGE OF GLENVIEW, ILLINOIS
TRUST AND AGENCY FUNDS
PENSION TRUST FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND BALANCES
FOR THE YEAR ENDED DECEMBER 31, 1981
Police Firemen's
Pension Pension Totals
Fund Fund 1981 1980
Revenues
Property Taxes - Net $ 302,894 $ 213,182 $ 516,076 $ 389,485
Replacement Taxes 12,099 8,517 20,616 15,869
Interest Income 231,609 184,253 415,862 323,099
Employee Contributions 104,769 76,526 181,295 176,659
Other 14,628 28,702 43,330 41,387
$ 665,999 $ 511,180 $1,177,179 $ 946,499
Expenses
Pensions $ 146,947 $ 30,932 $ 177,879 $ 154,579
Other 15,284 25 15,309 12,947
$ 162,231 $ 30,957 $ 193,188 $ 167,526
Net Income Before Operating
Transfers $ 503,768 $ 480,223 $ 983,991 $ 778,973
Operating Transfers (Out) (500) (500) (1,000)
Net Income $ 503,268 $ 479,723 $ 982,991 $ 778,973
Fund Balances
January 1, 1981 2,232,582 1,531,989 3,764,571 2,985,598
December 31, 1981 (Page 66) $2,735,850 $2,011,712 $4,747,562 $3,764,571
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
TRUST AND AGENCY FUNDS
PENSION TRUST FUNDS
COMBINING STATEMENT OF CHANGES IN FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 1981
Police Firemen's
Pension Pension Totals
Fund Fund 1981 1980
Cash Was Provided By
Operations
Net Income $ 503,268 $ 479,723 $ 982,991 $ 778,973
Increase in Current Liabilities 1,853
$ 503,268 $ 479,723 $ 982,991 $ 780,826
Cash Was Used To
Increase Current Assets $ 126,520 $ 81,936 $ 208,456 $ 173,326
Decrease Current Liabilities 80 80
$ 126,600 $ 81,936 $ 208,536 $ 173,326
Net Increase $ 376,668 $ 397,787 $ 774,455 $ 607,500
Cash and Investments
January 1 1,960,784 1.,336,047 3,296,831 2,689,331
December 31 (Page 66) $2,337,452 $1,733,834 $4,071,286 $3,296,831
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
POLICE PENSION FUND
STATEMENT OF REVENUES, EXPENSES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
1981 Tax Levy $ 312,471
Provision for Uncollectible Taxes (3,125)
$227,533 $ 309,346
Prior Year's Taxes (6,452)
Replacement Taxes 6,080 12,099
Employees' Contributions 110,450 104,769
Interest Income 127,000 231,609
Other 14,628 14,628
$485,691 $ 665,999
Expenses
Pensions $151,291 $ 146,947
Other Operating Expenses 35,700 15,284
~,991 $ 162,231
Net Income before Operating Transfers $298,700 $ 503,768
Operating Transfers (Out)
Corporate Fund (500)
Net Income $ 503,268
Fund Balance (Note 2)
January 1, 1981 2,232,582
December 31, 1981 (Page 66) $2,735,850
See accompanying Notes to the Financial Statements.
VILLAGE OF GLENVIEW, ILLINOIS
FIREMEN'S PENSION FUND
STATEMENT OF REVENUES, EXPENSES,
AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Revenues
1981 Tax Levy $ 219,886
Provision for Uncollectible Taxes $160,116 $ 217,687 (2,199)
Prior Year's Taxes (4,505)
Replacement Taxes 4,274 8,517
Employees' Contributions 72,108 76,526
Interest Income 77,500 184,253
Foreigm Fire Insurance Tax 18,000 18,459
Other 10,243 10,243
$342,241 $ 511,180
Expenses
Pensions $ 30,932 $ 30,932
Other Operating Expenses 15,525 25
$ 46,457 $ 30,957
Net Income before Operating Transfers $295,784 $ 480,223
Operating Transfers (Out)
Corporate Fund (500)
Net Income $ 479,723
Fund Balance (Note 2)
January 1, 1981 1,531,989
December 31, 1981 (Page 66) $2,011,712
See accompanying Notes to the Financial Statements.
ACCOUNT GROUPS
GENERAL FIXED ASSETS ACCOUNT GROU
72
VILLAGE OF GLENVIEW, ILLINOIS
GENERAL FIXED ASSETS ACCOUNT GRodP
STATEMENT OF GENERAL FIXED ASSETS
DECEMBER 31, 1981
January 1, December 31,
1981 Additions Deletions 1981
GENERAL FIXED ASSETS
Land $1,481,758 $ 1,481,758
Buildings and Improvememts 5,816,288 5,816,288
Equipment 2,174,096 $382,351 $83,280 2,473,167
Furniture 268,000 268,000
Office Equipment 218,356 218,356
$9,958,498 $382,351 $83,280 $10,257,569
INVESTMENT IN GENERAL
FIXED ASSETS
General Revenues and
Bond Issues $9,958,498 $382,351 $83,280 $10,257,569
See accompanying Notes to the Financial Statements.
74
VILLAGE OF GLENVIEW, ILLINOIS
GENERAL FIXED ASSETS ACCOUNT GRoOP
STATEMENT OF CHANGES IN GENERAL FIXED ASSETS -
BY FUNCTIONS AND ACTIVITY
DECEMBER 31, 1981
January 1, December 31,
1981 Additions .Deletions 1981
Function and Activitx
General Government
Executive $ 64,166 $ 64,166
Administrative 1,475,861 1,475,861
Finance 614,102 $ 27,578 641,680
Building and Grounds 128,336 128,336
Total General Government $2,282,465 $ 27,578 - $ 2,310,043
Public Safety
Police $2,253,907 $ 76,001 $22,000 $ 2,307,908
Fire 1,466,173 122,640 55,940 1,532,873
Total Public Safety $3,720,080 $198,641 $77,940 $ 3,840,781
Public Works
Building Division $ 823,272 $ 10,910 $ 834,182
Engineering 320,839 320,839
Street Division 2,224,363 85,681 2,310,044
Equipment and Supplies
Division 587,479 59,541 $ 5,340 641,680
Total Public Works $3,955,953 $156,132 $ 5,340 $ 4,106,745
Total Fixed Assets $9,958,498 ~382,351 $83,280 $10,257,569
See accompanying Notes to the Financial Statements.
- GENERAL LONG TERM DEBT ACCOUNT GROU
SUPPLEMENTARY DATA
VILLAGE OF GLENVIEW, ILLINOIS
COMBINED STATEMENT OF INVESTMENTS
DECEMBER 31, 1981
Interest Maturity
Fund Rate Date
General
Corporate
Glenview Guaranty
Savings and Loan 17.375 1/4/82 $200,000
16.500 3/18/82 100,000
15.250 4/16/82 102,930
17.000 3/16/82 150,000
Cragin
Federal
Savings and Loan 15.375 7/29/82 100,000
First Trust and
Savings Bank 12.500 3/17/82 100,000
12.500 2/24/82 100,000
14.375 4/12/82 100,000
Glenview State Bank 11.750 6/10/82 100,000 $1,052,930
Special Revenue
Library
Glenview State Bank 16.000 1/15/82 $100,000
15.050 4/13/82 100,000 $ 200,000
Motor Fuel Tax
Glenview Guaranty
Savings and Loan 17.375 1/4/82 $100 000
17.375 1/5/82 112 033
17.375 1/5/82 100 000
15.250 4/16/82 107 520
15.250 4/20/82 150 000
16.000 4/29/82 100 000
Glenview State Bank 16.000 1/15/82 100 000
12.850 2/16/82 100 000
16.650 3/29/82 100 000
12.000 4/17/82 100 000
12.000 4/17/82 I00 000
12.000 4/17/82 100 000
Western Savings & Loan 16.900 2/6/82 100 000
16.900 2/6/82 100 000
First
Trust
and
Savings Bank 12.500 3/17/82 100,000 1,569,553
Illinois Municipal
Retirement
Glenview State Bank 18.000 1/12/82 $100,000
17.625 1/13/82 100,000 200,000 1,969,553
78
VILLAGE OF GLENVIEW, ILLINOIS
COMBINED STATEMENT OF INVESTMENTS
DECEMBER 31, 1981
Interest Maturity
Fund Rate Date
Capital Projects
Village Hall Construction
Cragin Federal
Savings and Loan 13.050 1/11/82 $100,000
Public Works Garage
Cragin Federal
Savings and Loan 17.375 1/19/82 $100,000
15.250 3/15/82 100,000
17.125 2/8/82 100,000
Glenview State Bank 12.050 7/17/82 100,000
Glenview Guaranty
Savings and Loan 15.375 4/22/82 100,000 500,000
Capital Equipment
Replacement
Glenview State Bank 18.000 2/25/82 $125,000
Glenview Guaranty
Savings and Loan 15.500 4/23/82 100,000 225,000 $ 825,000
Special Assessment
Special Assessment
Glenview State Bank 15.875 2/15/82 100,000
Enterprise
Waterworks and Sewerage -
East
Cragin Federal
Savings and Loan 14.750 1/15/82 $100,000
14.875 4/16/82 100,000
First Trust and
Savings Bank 12.500 3/17/82 100,000
12.500 3/17/82 100,000
Glenview Guaranty
Savings and Loan 16.000 4/5/82 100,000
15.250 4/20/82 100,000
Glenview State Ba~k 15.050 4/13/82 100,000 700,000
VILLAGE OF GLENVIEW, ILLINOIS
COMBINED STATEMENT OF INVESTMENTS
DECEMBER 31, 1981
Interest Maturity
Fund Rate Date
Enterprise (Cont.)
Waterworks and Sewerage -
West
Cragin Federal
Savings and Loan 17.375 1/15/82 $100,000
17.810 9/9/82 100,000
Glenview Guaranty
Savings and Loan 17.375 2/24/82 100,000 $ 300,000
Commuter Parking Lot
Glenview
State Bank 15.050 4/13/82 100,000
Trust and Agency
Escrow Deposit
Glenview Guaranty
Savings and Loan 17.375 1/8/82 $100,000
16.250 4/5/82 100,000
Cragin Federal
Savings and Loan 14.875 4/16/82 113,352 $ 313,352
Police Pension
Glenview Guaranty
Savings and Loan 17.375 1/8/82 $153,585
Cragin Federal
Savings and Loan 17.I75 2/8/82 100,000
Glenview State Bank 12.000 3/17/82 100,000
U.S. Treasury Notes
and Bonds 8.000 5/15/82 90,040
14.625 6/30/83 299,766
6.375 8/15/84 69,787
7.875 5/15/86 284,109
6.125 11/15/86 92,265
8.250 5/15/90 136,176
6.750 2/15/93 90,515
8.500 5/15/99 53,465
8.375 8/15/00 243,242
13.875 2/28/83 309,685 $2,022,635
8O
VILLAGE OF GLENVIEW, ILLINOIS
COMBINED STATEMENT OF INVESTMENTS
DECEMBER 31, 1981
Interest Maturity
Fund Rate Date
Trust and Agency (Cont.)
Firemen's Pension
Cragin Federal
Savings and Loan 17.500 1/15/82 $123,706
17.375 1/15/82 100,000
13.005 1/15/82 100,000
U.S. Treasury Notes
and Bonds 8.500 5/15/94 134,392
8.375 8/15/00 145,945
11.375 1/1/82 258,438
7.875 8/15/86 154,716
13.625 1/31/83 417,080 1,434,277 $3,770,264
$8,817,747
82
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERM DEBT REQUIREMENTS
WAUKEGAN ROAD SANITARY DISTRICT
GENERAL OBLIGATION SANITARY SEWER BONDS OF 1968
DECEMBER 31, 1981
Date of Issue October 1, 1967
Date of Maturity December 1, 1986
Authorized Issue $59,000
Denomination of Bonds $1,000
Interest Rates 1969 to 1979 - 5.00%
1980 to 1986 - 4.75%
Interest Date December 1
Principal Maturity Date December 1
Payable at Michigan Avenue National Bank
CURRENT ~kND FUTURE PRINCIPA~ AND INTEREST REQUIREMENTS
Year
Ended Tax Levy Coupons Due on
Dec. 31 Prinicpal Interest Total June 1 Amount Dec. 1 Amount
1982 $ 4,000 $ 950 $ 4,950 1982 $ 475 1982 $ 475
1983 4,000 760 4,760 1983 380 1983 380
1984 4,000 570 4,570 1984 285 1984 285
1985 5,000 356 5,356 1985 178 1985 178
1986 5,000 119 5,119 1985 60 1986 59
$22,000 $2,755 $24,755 $1,378 $1,377
This issue was assumed by the Village during 1980. The liability will be paid by the
Waterworks and Sewerage Fund - East.
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERMDEBT REQUIREMENTS
POLICE ADMINSITRATION BUILDING BONDS OF 1972
DECEMBER 31, 1981
Date of Issue December 1D 1972
Date of Maturity January 1, 1990
Authorized Issue $1,400,000
Actual Issue $1,400,000
Denomination of Bonds $5,000
Interest Rate Bonds 1-280 - 4-1/2%
Interest Dates July 1 and January 1
Principal Maturity Date January 1
Payable at Northern Trust
CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS
Tax
Levy Bond Tax Levy Coupons Due on
Year Numbers Principal Interest Total July 1 Amount Jan. 1 Amount
1980 82-101 $ 100 000 $ 23,233 $ 123 233 1982 $ 23,233
1981 102-121 100 000 41,965 141 965 1982 $ 20,982 1983 20,983
1982 122-143 110 000 37,465 147 465 1983 18,732 1984 18,733
1983 144-166 115 000 32,515 147 515 1984 16,257 1985 16,258
1984 167-190 120 000 27,225 147 225 1985 13,612 1986 13,613
1985 191-215 125 000 21,525 146 525 1986 10,762 1987 10,763
1986 216-240 125 000 15,587 140 587 1987 7,793 1988 7,794
1987 241-260 100 000 9,650 109 650 1988 4,825 1989 4,825
1988 261-280 100 000 4,900 104 900 1989 2,450 1990 2,450
$ 995,000 $214,065 $1,209,065 $ 95,413 $118,652
$ 200,000 $ 65,198 $ 265,198 - Current Portion - Debt Service Fund
795,000 148,867 943,867 - Long-Term Portion - General Long-
Term Debt Account Group
$ 995,000 $214,065 $1,209,065
84
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERM DEBT REQUIREMENTS
CORPORATE PURPOSE BOND SERIES OF 1976
DECEMBER 31, 1981
Date of Issue September 1, 1976
Date of Maturity January 1, 1986
Authorized Issue $385,000
Actual Issue $385,000
Denomination of Bonds 1 to 77 - $5,000
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
CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS
Year
Ended Bond Coupons Due on
Dec. 31 Numbers Principal Interest Total July I Amount Jan. 1 Amount
1981 29-37 $ 45,000 $ 5,810 $ 50,810 1982 $ 5,810
1982 38-47 50,000 9,550 59,550 1982 $ 4,775 1983 4,775
1983 48-57 50,000 7,250 57,250 1983 3,625 1984 3,625
1984 58-67 50,000 4,850 54,850 1984 2,425 1985 2,425
1985 68-77 50,000 2,450 52,450 1985 1,225 1986 1,225
$245,000 $29,910 $274,910 $12,050 $17,860
$ 45,000 $ 5,810 $ 50,810 - Current
200,000 24,100 224,100 - Long-Term
$245,000 $29,910 $274,910
Note: The principal and interest will be paid by Waterworks and Sewerage Fund - East.
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERM DEBT REQUIREMENTS
MUNICIPAL BUILDING BONDS, SERIES 1979
DECEMBER 31, 1981
Date of Issue April 1, 1979
Date of Maturity January 1, 1991
Authorized Issue $950,000
Actual Issue $950,000
Denomination of Bonds I - 190 - $5,000
Interest Rates Bonds - 70 - 5.30%
Bonds 1 - 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
CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS
Tax
Levy Bond Tax Levy Coupons Due on
Year Numbers Principal Interest Total July 1 Amount Jan. 1 Amount
1980 1-10 $ 50,000 $ 25,550 $ 75,550 1982 $ 25,550
1981 11-20 50,000 48,450 98,450 1982 $ 24,225 1983 24,225
1982 21-30 50,000 45,800 95,800 1983 22,900 1984 22,900
1983 31-50 100,000 43,150 143 150 1984 21,575 1985 21,575
1984 51-70 100,000 37,850 137 850 1985 18,925 1986 18,925
1985 71-90 100,000 32,550 132 550 1986 16,275 1987 16,275
1986 91-110 100,000 27,150 127 150 1987 13,575 1988 13,575
1987 111-130 I00,000 21,750 121 750 1988 10,875 1989 10,875
1988 131-160 150,000 16,350 166 350 1989 8,175 1990 8,175
1989 161-190 150,000 8,250 158 250 1990 4,125 1991 4,125
$950,000 $306,850 $1,256,850 $140,650 $166,200
$100,000 $ 74,000 $ 174,000 - Current Portion - Debt Service Fund
850,000 . 232,850 1,082,850 - Long-Term Portion - General Long-Term
Debt Account Group
$950,000 $306,850 $1,256,850
88
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERMDEBT REQUIREMENTS
SPECIAL SERVICE AREA #1 BONDS OF 1980
DECEMBER 31, 1981
Date of Issue July 31, 1980
Date of Maturity July 31, 1990
Authorized Issue $70,000
Denomination of Bonds $1,000
Interest Rate 6.00%
Interest Dates January 31 and July 31
Principal Maturity Date July 31
Payable at Glenview State Bank
CURRENT AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS
Tax
Levy Bond Tax Levy Coupons Due on
Year Numbers Prinicpal Interest Total July 31 Amount Jan. 31 Amount
1980 $ 1,890 $ 1,890 1982 $1,890
1981 8-14 $ 7 000 3,570 10,570 1982 $1,890 1983 1,680
1982 15-21 7 000 3,150 10,150 1983 1,680 1984 1,470
1983 22-28 7 000 2,730 9,730 1984 1,470 1985 1,260
1984 29-35 7 000 2,310 9,310 1985 1,260 1986 1,050
1985 36-42 7 000 1,890 8,890 1986 1,050 1987 840
1986 43-49 7 000 1,470 8,470 1987 840 1988 630
1987 50-56 7 000 8,050 1988 630 1989 420
1,050
1988 57-63 7 000 630 7,630 1989 420 1990 210
1989 64-72 7 000 210 7,210 1990 210
$63,000 $18,900 $81,900 $9,450 $9,450
$ 7,000 $ 5,460 $12,460 - Current Portion - Debt Service Fund
56,000 13,440 69,440 - Long-Term Portion - General Long-
Term Debt Account Group
$63,000 $18,900 $81,900
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERMDEBT REQUIREMENTS
SPECIAL SERVICE AREA ~2 BOND OF 1981
DECEMBER 31, 1981
February 20, 1981
February 20, 1996
$38,000
8.5%
February 20 and August 20
February 20, 1996
Glenview State Bank
AND FUTURE PRINCIPAL AND INTEREST REQUIREMENTS
Tax
Levy Tax Levy
Year Prinicpal Interest Total
1981 $ 1,383 $ 3,146 $ 4,529
1982 1,504 3,026 4,530
1983 1,634 2,895 4,529
1984 1,776 2,754 4,530
1985 1,930 2,599 4,529
1986 2,098 2,432 4,530
1987 2,280 2,250 4,530
1988 2,478 2,052 4,530
1989 2,692 1,837 4,529
1990 2,926 1,603 4,529
1991 3,180 1,349 4,529
1992 3,457 1,072 4,529
1993 3,757 773 4,530
1994 4,083 446 4,529
1995 2,172 93 2,265
$37,350 $28,327 $65,677
$ 1,383 $ 3,146 $ 4,529 - Current Portion - Debt
Service Fund
35,967 25,181 61,148 - Long-Term Portion -
General Long-Term -
Debt
Account
Group
$37,350 $28,327 $65,677
9O
VILLAGE OF GLENVIEW, ILLINOIS
LONG-TERMDEBT REQUIREMENTS
SPECIAL SERVICE AREA #3 BOND OF 1982
DECEMBER 31, 1981
February 20, 1981
February 20, 1996
$25,000
8.5%
Dates February 20 amd August 20
February 20, 1996
Glenview State Bank
PRINCIPAL AND INTEREST REQUIREMENTS
AND
FUTURE
Tax
Levy Tax Levy
Year Prinicpal Interest Total
1981 $ 910 $ 2,070 $ 2,980
1982 989 1,991 2,980
1983 1,075 1,905 2,980
1984 1,168 1,812 2,980
1985 1,270 1,710 2,980
1986 1,380 1,600 2,980
1987 1,500 1,480 2,980
1988 1,630 1,350 2,980
1989 1,772 1,208 2,980
1990 1,925 1,055 2,980
1991 2,093 886 2,979
1992 2,274 706 2,980
1993 2,472 508 2,980
1994 2,686 294 2,980
1995 1,429 61 1,490
$24,573 $18,636 $43,209
$ 910 $ 2,070 $ 2,980 - Current Portion - Debt
Service Fund
23,663 16,566 40,229 - Long-Term Portion -
General Long-Term -
Debt Account Group
$24,573 $18,636 $43,209
92
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF REVENUES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Licenses and Registration
Motor Vehicle $320,000 $303,667
150 41
Bicycle 46,000 51,886
Business
Liquor 36,000 47,096
9,000 6,572
Dog 1,000 413
Cat
$412,150 $409,675
Permits and Current Service Charges
Heating and Air Conditioning $ 1,500 $ 805
Buildings 100,000 39,759
44,000 15,873
Electrical Inspection
Plumbing and Sewer 29,000 6,702
Plan Review and Elevator Inspection 19,500 22,081
Driveway 800 175
55,000 28,337
Engineering
Unclassified Public Works Service 22,000 18,597
Other Current Service Charges 24,000 20,048
$295,800 $152,377
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
General Government
Board of Trustees
Regular Salaries $ 3,350 $ 2,640
Contractual Services 1,060 1,180
Travel Expense 2,350 2,840
Materials and Supplies 900 678
Contingencies 50
$ 7,710 $ 7,338
Special Board
Temporary Salaries $ 500 $ 245
Contractual
Services
13,550 12,275
Travel Expense 100 133
Materials and Supplies 1,200 1,643
Contingencies 100
Improvements - Sirens 747
$ 15,450 $ 15,043
Village Clerk
Regular Salaries $ 800 $ 942
Temporary Salaries 280 245
Printing, Binding and Publication 2,200 606
Dues, Subscriptions and Memberships 5,775 5,766
Maintenance of Equipment 55
Microfilming 150
Travel Expense 50
Other Operating Expenses 86 116
$ 9,396 $ 7,675
Elections
Temporary Salaries $ 300
Materials and Supplies 300 $ 22
Contingencies 500 44
$ 1,100 $ 66
Legal
Contractual and Professional Services $ 37,000 $ 33,985
Insurance and Bonding 209,000 221,025
Claims Settlement 5,000 33
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
EXPENDITURES - BUDGET AND ACTUAL
STATEMENT
OF
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
General Government (Cont.)
Village Manager
Regular Salaries $139,252 $140,516
Temporary Salaries 6,930 5,493
Longevity Pay 150 150
Printing, Binding and Publication 5,380 5,821
Postage 12,740 9,756
Dues, Subscriptions and Memberships 1,073 1,404
Maintenance of Eqiupment 95 48
Travel Expense 3,750 2,994
Training Expense 1,200 222
Pamphlets and Materials 200 340
Books,
Transfer to CERF 1,480 1,480
Machinery and Equipment 9,990 9,990
$182,240 $178,214
Finance
Regular Salaries $189,620 $178,157
Overtime Salaries 1,600 1,369
Temporary Salaries 4,500 4,725
Longevity Pay 350 350
Contractual Professional Services 24,000 23,345
Printing, Binding and Publication 8,600 7,718
Postage 2,300 2,086
Dues, Subscriptions and Membership 492 470
Maintenance of Equipment 11,770 13,956
Rentals 31,041 34,444
Travel Expense 1,344 1,462
600 545
Training
Office Supplies 8,000 8,000
Books, Pamphlets and Materials 100 158
Computer Supplies 5,500 7,046
Other Operating Expense 200 88
Machinery and Equipment 17,350 16,378
$307,367 $300,297
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
General Government (Cont.)
Municipal Building and Grounds
Regular Salaries $ 17,940 $ 17,940
Overtime Salaries 725 699
Salaries 4,640 1,647
Temporary
Heating and Lighting 11,800 12,606
Postage 8,000 10,936
Telephone 1,500 2,804
Maintenance of Equipment 5,230 2,727
Maintenance of Buildings 1,760 740
Rentals 7,200 7,201
Uniform Allowance 300 137
Cleaning and Household Supplies 2,400 1,452
Maintenance Materials - Buildings 2,550 141
Small Tools and Equipment 200 312
Employee Welfare 1,000 1,249
~ 65,245 $ 60,591
Personnel
Contractual Professional Services $ 3,000 $ 4,757
Printing, Binding and Publications 1,500 1,006
Dues, Subscriptions and Memberships 145 178
Insurance and Bonding 229,301 258,205
Training Expense 7,000 7,525
Books, Pamphlets and Materials 100 595
Employee Welfare 3,800 1,681
Contingencies 50
$ 244,896 $ 273,947
Total General Government $1,084,404 $1,098,214
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Public Safety
Police Department
Regular Salaries $1,462,756 $1,416,403
Overtime Salaries 46,100 66,033
Temporary Salaries 90,800 72,668
Holiday Pay 50,000 52,125
Longevity Pay 7,800 7,150
Pay Differential - Director 3,600
Contractual and Professional Services 2,140 5,161
Printing, Binding and Publication 2,500 1,108
Heating 4,800 3,783
Postage 1,200 1,653
Telephone 10,500 7,700
Teletype 6,900 6,216
Dues and Subscriptions 400 685
Maintenance of Equipment 26,500 25,713
Maintenance of Buildings 12,700 5,920
Rentals 3,700 2,967
Travel 1,380 4,290
Expenses
Training 14,370 16,785
Uniform Allowance 21,150 20,019
Office Supplies 1,400 1,683
Books, Pamphlets and Materials 2,400 2,248
Fuel 62,000 61,870
Cleaning and Household Supplies 950 964
Maintenance Materials - Buildings 3,100 1,584
Operating Materials and Supplies 7,200 9,981
Other Operating Expenses 14,628 14,633
Transfer to CERF 30,016 30,016
Machinery and Equipment 34,410 24,962
Automotive Equipment 51,100 59,518
~1,976,500 $1,923,838
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Public Safety (Cont.)
Fire Department
Regular Salaries $1,020,944 $1,019,020
Emergency Overtime Salaries 41,873 38,148
Longevity Pay 1,950 1950
Contractual Professional Services 45,800 48,336
Printing and Publications 30 387
Heating 4,900 1,687
Postage 300 289
Telephone 3,800 1,511
Dues, Subscriptions and Memberships 445 452
Maintenance of Equipment 20,965 18,977
Maintenance of Buildings 3,600 2,000
Travel Expense 1,849 1,255
Training 2,400 719
Uniform Allowances 7,475 7,236
office Supplies 850 793
Fire Prevention Pamphlets 3,045 1,232
Fuel 16,000 15,938
Motor Vehicle Supplies 5,365 4,569
Cleaning Supplies 2,000 2,165
Maimtenance Materials - Equipment 220 67
Maintenance Materials - Buildings 3,815 3,882
Small Tools and Equipment 120 123
Operating Materials and Supplies 12,000 7,537
Other Operating Expenses 10,243 10,243
Transfer to CERF 38,074 38,074
Machinery and Equipment 19,175 17,788
Furniture and Fixtures 4,774 4,589
Building Improvements 3,000 2,750
$1,275,012 $1,251,717
Printing - General Services
Printing and Binding $ 1,725 $ 1,656
Maintenance of Equipment 7,314 6,770
Rentals 1,054 1,054
Office Supplies 8,050 9,673
Operating Supplies 2,760 2,639
Machinery and Equipment 1,065 802
$ 21,968 22,594
Total Public Safety $3,273,480 $3,198,149
98
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET ~ ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Develo~ent and Public Services
Administration
Regular Salaries $ 93,968 $ 87,135
Overtime Salaries 100 1,750
Printing, Binding and Publication 200 86
Dues, Subscriptions and Memberships 255 266
Maintenance of Equipment 160 133
Travel Expense 850 1,016
Training 1,950 1,278
Books and Pamphlets 70 91
Transfer to CERF 1,480 1,480
$ 99,033 $ 93,235
Planning and Zoning
Reg,~lar Salaries $ 21,864 $ 21,864
Temporary Salaries 700 105
Contractual and Professional Services 11,812 13,954
Printing, Binding and Publication 3,800 3,355
Dues, Subscriptions and Memberships 4,380 2,653
Travel Expense 1,200
Training 950 195
Operational Supplies 600 399
$ 45,306 $ 42,525
Engineering
Regular Salaries $104,232 $104,232
Overtime Salaries 2,000 736
Temporary Salaries 20,230 18,189
Longevity Pay 100 i00
Contractual Professional Services 8,000 8,400
Printing, Binding and Publications 200 198
Dues, Subscriptions and Memberships 45
Maintenance of Equipment 400 161
Rentals 1,833 1,680
Microfilming 1,200 990
Travel Expense 820 654
Training 1,670 1,279
Uniform Allowance 150 150
Books, Pamphlets and Materials 100 87
Operational Materials 650 748
Other Charges 175 263
Transfer to CERF 6,000 6,000
Machinery and Equipment 1,065 875
Automotive 7,000 190
$155,870 $144,932
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Development and Public Services (Cont.)
Public Works - General Street Maintenance
Regular Salaries $202,236 $191,892
Overtime Salaries 8,000 3,416
Temporary Salaries 5,850 5,563
Longevity Pay 450 450
Power and Lights 50,000 46,039
Maintenance of Equipment 15,120 15,782
Maintenance of Buildings 23,500 29,236
Rental 1,470 1,182
Uniform Allowance 675 738
Motor Vehicle Supplies 5,500 6,552
Traffic Control Supplies 12,000 8,596
Maintenance Materials - Improvements 16,000 9,548
Small Tools 600 742
Operating Materials and Supplies 8,300 6,948
Transfer to CERF 16,072 16,072
Improvements Other than Buildings 34,200 37,812
$~,973 $380,568
Public Works - Special Projects
Spot Drainage Improvements $ 5,000 $ 6,297
Walk- NSCC and Pfingsten 22,000 7,728
Walk and Sewer - La Fontain 21,500 14,334
Temporary Traffic Diverters 6,000 73
$ 54,500 $ 28,432
lO0
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Development and Public Services (Cont.)
Public Works - Snow Removal
Regular Salaries $ 63,132 $ 60,771
Overtime Salaries 21,000 8,457
Temporary Salaries 2,000
Longevity Pay
100
100
Contractual Professional Services 500 500
Rentals 5,200 889
Uniform Allowance 225 225
Maintenance Materials - Equipment 4,500 5,136
Operating Materials and Supplies 32,000 15,629
Transfer to CERF 4,496 4,496
Machinery and Equipment 45,730 42,843
$178,883 $139,046
Public Works - Parkway Maintenance
Salaries $ 99,372 $ 86,883
Regular
Overtime Salaries 5,000 664
Temporary Salaries 25,100 20,894
Contractual Professional Services 3,000 2,118
Dues, Subscriptions and Memberships 125
Maintenance of Equipment 400 4,165
Maintenance of Improvements 90,500 50,102
12,000 6,860
Rentals
Uniform Allowance 450 375
Books, Pamphlets and Materials 30
Maintenance Materials 800 243
Small Tools and Equipment 750 1,116
Operating Materials and Supplies 4,000 2,234
Transfer to CERF 9,290 9,290
Improvements Other than Buildings 79
Tree Planting lO,000 14,425
1,375 1,879
Machinery and Equipment $262,192 -~,327
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Development and Public Services (Cont.)
Public Works - Garage
Regular Salaries $ 83,028 $ 83,028
Overtime Salaries 3,500 1,871
Temporary Salaries 5~000
Contractual and Professional Services 4,500 4,230
Heating 3,000
Telephone 800 600
Maintenance of Equipment 7,900 8,151
Maintenance of Buildings 2,300 1,928
Uniform Allowance 6,205 7,158
Fuel 33,000 32,740
Motor Vehicle Supplies 12,100 14,253
Cleaning and Household Supplies 1,500 1,600
Maintenance Materials - Equipment 31,000 30,254
Maintenance Materials - Building 3,100 1,741
Small Tools and Equipment 3,000 4,094
Employee Welfare 1,800 1,254
Transfer to CERF 42,671 42,671
Machinery and Equipment 6,790 5,482
Automotive 39,000 42,940
$290,194 $283,995
Building and Inspection
Regular Salaries $165,024 $165,024
Overtime Salaries 1,000
Temporary Salaries 2,310 1,589
Longevity Pay 400 400
Contractual and Professional Services 3,800 3,160
Printing, Binding and Publication 900 126
Dues, Subscriptions and Memberships 435 335
Maintenance of Equipment 670 479
Microfilming 2,500 1,599
Travel 605 523
Training 3,110 2,968
Uniform Allowance 225 204
Books, Pamphlets and Materials 320 298
Operating Materials and Supplies 500 537
Other Operating Expenses 350 346
Transfer to CERF 5,920 5,920
Machinery and Equipment 5,625 5,320
$193,694 $188,828
102
VILLAGE OF GLENVIEW, ILLINOIS
CORPORATE FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Development and Public Services (Cont.)
General Health
Regular Salaries $ 45,312 $ 45,312
Overtime Salaries 200 398
Temporary Salaries 1,820 2,072
Contractual and Professional Services 150 104
Printing, Binding and Publication 100
Dues, Subscriptions and Memberships 320 274
Maintenance of Equipment 60
Travel Expense 510 482
Car Allowance 200 197
Training 910 519
Books, Pamphlets and Materials 300 212
Small Tools and Equipment 100 15
Operating Materials and Supplies 950 704
Transfer to CERF 1,480 1,480
Machinery and Equipment 7,080 6,331
$ 59,492 $ 58,100
Total Development and Public Services $1,739,137 $1,560,988
VILLAGE OF GLENVIEW, ILLINOIS
LIBR~Y FUND
STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Regular Salaries $256,335 $229,982
Temporary Salaries 97,655 120,806
Contractual and Professional Services 2,300 1,096
Printing, Binding and Publication 7,100 7,915
Power and Lights 600 512
Heating 2,500 504
Water 625 430
Postage 5,400 6,346
Telephone and Telegraph 4,000 1,842
Dues and Subscriptions 825 757
Maintenance of Equipment 13,304
Maintenance of Buildings 22,754
Insurance and Bonding 21,010 21,893
Travel Expense 2,600 3,062
Training 900 893
Library Programs 1,600 1,055
Office Supplies 7,000 6,994
Books, Pamphlets and Materials 92,250 98,057
Cleaning Supplies 2,200 2,015
Other Operating Expenses 358
Contingencies 37,100 1,800
Building and Improvements 14,500 13,547
Automation and Expansion 31,000 22,615
Machinery and Equipment 14,000 5,277
Gift Fund 1,626
$601,500 $585,440
104
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - EAST
OPERATIONS AND M~INTENANCE ACCOUNT
STATEMENT OF OPERATING EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Water Administration
Contractual Professional Services $ 3,000 $ 1,551
Printing, Binding and Publication 50 20
Postage 3,800 3,850
Dues and Subscriptions 130
Maintenance of Equipment 30
Travel 120 54
Training 550 323
Office Supplies 250 402
Transfer to Corporate for Administrative
Services 153,892 153,892
Other Operating Expenses 72,470
Books and Pamphlets 50
Computer Supplies 4,000 496
$238,342 $160,588
Water Operations and Maintenance
Regular Salaries $ 74,784 $ 70,255
Overtime Salaries 800 374
Longevity Pay 350 200
Contractual Professional Services 10,000
Water 725,000 453,501
Uniform Allowance 2,086 1,801
Fuel 8,000 4,647
Motor Vehicle Supplies 300 50
$821,320 $530,828
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - EAST
OPERATIONS AND MAINTENANCE ACCOUNT
STATEMENT OF OPERATING EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Pumping Station
Regular Salaries $ 25,752 $ 25,752
Overtime Salaries 4,000 4,447
Longevity Pay 100 100
Contractual Professional Services 1,950 1,102
Power and Light 43,600 48,621
Heating 4,680 2,662
Telephone 1,400 977
Maintenance of Building 2,000 1,522
Rentals 145 181
Uniform Allowance 75 75
Cleaning and Household Supplies 50 82
Maintenance Materials - Equipment 3,000
Maintenance Materials - Building 800 52
Operating Materials and Supplies 1,400
Machinery and Equipment 8,400 3,710
$ 97,352 $ 89,283
Distribution System
Regular Salaries $ 40,392 $ 40,392
Overtime Salaries 17,000 11,633
Temporary Salaries 19,350 9,926
Maintenance of Equipment 500 1,246
Maintenance of Buildings 22,000 15,312
Uniform Allowance 150 150
Hydrant Locations Signs 2,900
Maintenance Materials - Equipment 2,500 3,398
Maintenance Materials - Buildings 18,700 14,947
Small Tools and Equipment 1,500 1,356
Operating Materials and Supplies 20,000 20,031
Transfer to CERF 23,369 23,369
Machinery and Equipment 17,600 14,150
$185,961 $155,910
106
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - EAST
OPERATIONS AND MAINTENANCE ACCOUNT
STATEMENT OF OPERATING EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Sewer Operations and Maintenance
Regular Salaries $ 65,748 $ 65,748
Overtime Salaries 2,000 873
Longevity Pay 250 250
Contractual Professional Services 15,000 3,727
Power and Light 2,200 847
Rentals 50 100
Maintenance of Equipment 650 199
Fuel 1,000 1,000
Uniform Allowance 300 225
Training 200 30
Motor Vehicles Supplies 200
Maintenance Materials - Equipment 3,755 3,684
Operating Materials and Supplies 3,600 963
Transfer to CERF 9,207 9,207
$ 104,160 $ 86,853
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - WEST
OPERATIONS AND MAINTENANCE ACCOUNT
STATEMENT OF OPERATING EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Waterworks Administration
Contractual Professional Services $ 3,000 $ 2,950
Postage 3,300 3,850
Dues and Subscriptions 120 15
Maintenance of Equipment 25
Travel Expense 100 3
Training 300 323
Office Supplies 250 402
Books and Pamphlets 100 8
Computer Supplies 4,000 483
Transfer to Corporate Fund for Administrative
Expenses 180,773 180,773
Other Operating Expenses 102,654 106,049
$294,622 $294,856
Waterworks Operations and Maintenance
Regular Salaries $ 34,020 $ 31,597
Overtime Salaries 425
Contractual Professional Services 15,000
Water 525,000 381,649
Uniforms 1,565 1,469
Gasoline 9,000 5,111
Motor Vehicle Supplies 300 48
$585,310 $419,874
108
VILLAGE OF GLENVIEW, ILLINOIS
WATERWORKS AND SEWERAGE FUND - WEST
EXPENSES - BUDGET AND ACTUAL
STATEMENT
OF
OPERATING
FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Pumping Station
Regular Salaries $ 25,752 $ 25,752
Overtime Salaries 5,000 4,175
Longevity Pay 200 200
Professional Services 1,850 1,148
Contractual
Power and Light 43,600 28,923
Heating 2,000 1,774
Telephone 1,600 1,152
Maintenance of Buildings 46,500 23,752
Rentals 145
Uniform Allowance 75 75
Cleaning and Household Supplies 50 214
Maintenance Materials - Equipment 4,100 312
Maintenance Materials - Buildings 1,000 1,435
Materials and Supplies 1,300
Operating
Building Improvements 15,000 2,620
Machinery and Equipment 17,100 14,895
$165,272 $106,427
$ 37,512 $ 34,204
Regular
Salaries
Overtime Salaries 9,000 13,965
Temporary Salaries 15,850 12,943
Maintenance of Equipment 500 128
Maintenance of Buildings 17,000 5,453
Uniform Allowance 150 208
Maintenance Materials - Equipment 3,000 1,469
Maintenance Materials - Building 20,700 24,044
Small Tools and Equipment 1,350 1,299
Operating Materials and Supplies 20,000 13,465
Hydrant Location - Signs
2,900
Transfer to CERF 16,323 16,323
Machinery and Equipment 3,030 2,709
$147,315 $126,210
VILLAGE OF GLENVIEW, ILLINOIS
REGIONAL EMERGENCY DISPATCH CENTER FUND
STATEMENT OF OPERATING EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED DECEMBER 31, 1981
Budget Actual
Regular Salaries $ 87,344 $ 86,365
Overtime Salaries 10,845 8,887
Holiday Pay 4,415 4,053
Contractual Professional Services 600 3,940
Printing, Binding and Publication 1,500 431
Postage 80 75
Telephone 10,376 5,478
Maintenance of Equipment 9,490 5,541
Rentals 7,802 4,954
Travel Expense 280 9
Uniform Allowance 875 875
Office Supplies 300 391
Books, Pamphlets and Materials 140 116
Operational Materials and Supplies 2,300 465
Machinery and Equipment 7,370 8,147
Furniture and Fixtures 475 130
Training 1,110
$144,192 $130,967
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VILLAGE OF GLENVIEW, ILLINOIS
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
DECEMBER 31, 1981
Fiscal Total Total Percent of
Year Tax Levy Collections Levy Collected
1972 $ 826,086 $ 784,708 95.0%
1973 897,735 852,791 95.0
1974 949,325 904,830 95.3
1975 1,066,251 1,010,884 94.8
1976 1,586,416 1,526,892 96.3
1977 2,056,346 1,947,970 94.7
1978 2,133,360 2,003,816 93.9
1979 2,240,157 2,110,996 94.2
1979 2,243,386 2,221,553 99.0
i980 2,494,063 2,399,346 96°2
VILLAGE OF GLENVIEW, ILLINOIS
ASSESSED AND ESTIMATEDLAST TEN ACTUAL FISCAL VALUE YEARS OF TAXABLE PROPERTY
DECEMBER 31, 1981
Ratio of Total
Assessed Value to
Fiscal Assessed Estimated Actual Total Estimated
Year Value Value Actual Value
1972 $142,428,682 $427,286,000 .333
1973 152,158,552 456,475,000 .333
1974 151,689,954 455,069,000 .333
1975 155,430,287 466,290,000 333
1976 158,959,581 476,878,000 333
1977 182,975,478 548,926,000 .333
1978 182,563,625 547,690,000 .333
1979 193,300,215 579,900,000 .333
1979 194,119,692 582,358,000 .333
1980 277,722,776 833,168,000 .333
114
VILLAGE OF GLENVIEW, ILLINOIS
SPECIAL ASSESSMENT COLLECTIONS
LAST TEN FISCAL YEARS
DECEMBER 31, 1981
Current Total
Fiscal Assessments Outstanding
Year Collected Assessments
1973 $21,070 $73,054
1974 21,000 52,054
1975 12,029 98,955
1976 38,472 60,483
1977 16,045 44,438
1978 12,452 31,986
1979 12,492 19,494
1979 3,649 15,845
1980 2,924 12,921
1981 3,649 9,272
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118
VILLAGE OF GLENVIEW, ILLINOIS
STATEMENT OF LEGAL DEBT MARGIN DECEMBER 31, 1981
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 refer-
endum 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 per cent; ... 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.
VILLAGE OF GLENVIEW, ILLINOIS
SALARIES AND SURETY BONDS
OF PRINCIPAL OFFICIALS
DECEMBER 31, 1981
Annual Amount of
Salary Surety Bond
Village President $ 1,200 $150 000
Village Trustees 300 150 000
Village Treasurer - 150 000
Village Manager 59,800 150 000
Village Clerk 800 150 000
Finance Director 39,200 100 000
Purchasing Agent 24,528 100 000
Accountant 18,324 100,000
Assistant Village Manager 27,000 100,000
Administrative Assistant to
the Village Manager 19,572 100,000
Police Chief 37,900 100,000
Deputy Police Chief 34,512 100,000
Police Commander 31,104 100,000
Fire Marshal 39,800 100,000
Administrative Assistant to
the Fire Marshal 32,424 100,000
Fire Captain 32,424 100,000
Director of Development
and Public Services 42,200 100,000
Administrative Assistant to Director of
Development and Public Services 22,776 100,000
Community
Development
Planner 21,864 100,000
Engineering Administrator 35,592 100,000
Public Works Superintendent 32,424 100,000
Director of Building and Zoning 35,592 100 000
Water Distribution Superintendent 32,424 100~000
Head Librarian 36,000 100 000
Supervising Computer Operator 17,928 100~000
122
VILLAGE OF GLENVIEW, ILLINOIS
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
DECEMBER 31, 1981
(1)
Education
(1) Level In (2)
Per (1) Years of School (3)
Fiscal (1) Capita Median Formal Enroll- Unemploy-
Year Population Income Age Schooling ment ment
1971 24,880 $ 5,833 31.8 15.2 4,368 4.1
1972 26,298 6,618 31.8 15.2 4,174 4.0
1973 27,716 7,403 31.2 15.2 4,016 3.6
1974 29,134 8,188 30.2 15.0 3,912 3.5
1975 30,552 8,973 30.1 14.9 3,788 3.9
1976 30,853 9,758 30.3 15.0 3,723 3.4
1977 31,154 10,544 30.3 15.1 3,472 3.6
1978 31,455 11,387 30.7 15.1 3,269 3.6
1979 31,756 12,298 31.5 15.2 3,144 3.3
1980 32,060 13,282 31.7 15.3 3,003 4.3
1981 32,200 14,113 33.5 15.3 2,916 4.7
(1) U.S. Department of Commerce, Bureau of the Census, 1980 date based
on the actual count, 1975 based on a Special Census; other years
estimated by the Glenview Finance Department.
(2) Glenview School District #34 actual count.
(3) Illinois Department of Labor, Research Division. Figures for 1975
to 1981 are actual; other years estimated from statewide averages.
VILLAGE OF GLENVIEW, ILLINOIS
MUNICIPAL SERVICES AND FACILITIES
DECEMBER 31, 1981
Number of Full Time Employees 18I
Miles of Streets (Maintained by Glenview 86
(Maintained by Cook Co. & State of Illinois 22
Miles of Alleys 2.2
Miles of Sewers (Sanitary Sewer 85
(Storm Sewer 74
Number of Village owned Street Lights 66
Building Inspections:
Number of Permits Issued in 1981 669
Value of Construction Authorized in 1981 $10,610,853
126
VILLAGE OF GLENVIEW, ILLINOIS
MISCELLANEOUS STATISTICS
DECEMBER 31, 1981
Date of Incorporation June 20, 1899
Form of Government Council-Manager
Geographical Location 20 Miles North of Chicago
Area 10.9 Square Miles
Population
1950 6,142
1960 18,132
1963 22,364
1970 24,880
1975 30,552
1980 32,060
Number of Total Housing Units (1980 Census) 10,997
Median Value Owner occopied Noncondominium Housing Units $111,900
Distribution of Owner - Occupied
Noncondominium Housing Units by Value
Unit Value by Range Unit Distribution
Number Percent
Less than $ 10 000 3 .04%
$ 10,000 to $ 14,999 7 10%
$ 15,000 to $ 19 999 4 06%
$ 20,000 to $ 24,999 1 01%
$ 25,000 to $ 29 999 7 10%
$ 30,000 to $ 34,999 9 12%
$ 35,000 to $ 39 999 14 19%
$ 40,000 to $ 49,999 65 90%
$ 50,000 to $ 79 999 1,232 16.96%
$ 80,000 to $ 99,999 1,686 23.24%
$100,000 to $149 000 2,525
34.80%
$150,000 to $199 999 1,149 15.84%
$200,000 or more 554 7.64%
7,256 100.00%
Median Contract Rent - Renter occopied Housing Units $322
Annual Gross Retail Sales (1981) $182,800,000
127
VILLAGE OF GLENVIEW, ILLINOIS
MISCELLANEOUS STATISTICS
DECEMBER 31, 1981
Fire Protection
Number of Firemen 39
N~mber of Stations 1
Number of Hydrants 1,320
I. $. O. Rating Class 3
Police Protection
Number of Policemen 50
Number of School Crossing Guards 19
Number Of Stations 1
Library Services
Number of Libraries 1
Number of Books and Other Materials 128,272
Number of Registered Borrowers 22,403
1981 Book Circulation 374,549
Recreation Facilities
Numbers of Parks and Playgrounds 24
Park Area in Acres - Park District Owned 340
Park Area in Acres - Park District Leased 125
Municipal Parking Facilities
Number of Parking Spaces Metered 44
Number of Parking Spaces not Metered 975
Municipal Water Utility
Accounts Served - Water and Sewer Fund East 7,167
Accounts Served - Water and Sewer Fund West 4,622
Average Daily Consumption Per Customer
Incorporated Glenview 365
Unincorporated Glenview 384
Total Gallons Pumped 1981 1.7 Billion Gal.