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Annual Financial Report For Year Ended April 30, 1982VILLAGE OF DEERFIELD, ILLINOIS ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED APRIL 30, 1982 1 1 1 1 TABLE OF CONTENTS AUDITORS' REPORT ON THE FINANCIAL STATEMENTS COMBINED STATEMENTS - OVERVIEW ("Liftable" General Purpose Financial Statements) Combined Balance Sheet - All Fund Types and Account Groups Combined Statement of Revenues, Expenditures, and Changes in Fund Balances - All Governmental and Fiduciary (Expendable Trust) Fund Types Combined Statement of Revenues,.Expenditures, and Changes in Fund Balances - Budget and Actual - General, Special Revenue and Debt Service Fund Types Combined Statement of Revenues, Expenses, and Changes in Retained Earnings/Fund Balances - All Proprietary and Fiduciary (Pension Trust) Fund Types Combined Statement of Changes in Financial Position - All Proprietary and Fiduciary (Pension Trust) Fund Types Notes to the Financial Statements GOVERNMENTAL FUND TYPES GENERAL FUND Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Supplemental Statements Statement of Revenues - Budgei and Actual Statement of Expenditures - Budget and Actual SPECIAL REVENUE FUNDS All Funds Financial Statements Combining Balance Sheet Combining Statement of Revenues, Expenditures, and Changes in Fund Balances PAGE 1-2 3 4 5 6 7 8-2 7 28 29 30 31-34 35 36 TABLE OF CONTENTS (CONT.) FINANCIAL SECTION (CONT.) GOVERNMENTAL FUND TYPES (CONT.) SPECIAL REVENUE FUNDS (CONT.) Municipal Audit Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Emergency Services Disaster Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Youth Bound Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Library Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Street and Bridge Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Supplemental Statement Statement of Expenditures - Budget and Actual PAGE (See P. 35) 37 (See P. 35) 38 (See P. 35) 39 (See P. 35) 40 (See P. 35) 41 42-46 TABLE OF CONTENTS (CONT.) FINANCIAL SECTION (CONT.) GOVERNMENTAL FUND TYPES (CONT.) SPECIAL REVENUE FUNDS (CONT.) Illinois Municipal Retirem6nt Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Public Benefit Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Federal Revenue Sharing Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual Motor Fuel Tax Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual DEBT SERVICE FUNDS All Funds Financial Statements Combining Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (See P. 35) (See P. 35) (See P. 35) (See P. 35) PAGE 47 48 49 50 51 52 TABLE OF CONTENTS (CONT.) FINANCIAL SECTION (CONT.) GOVERNMENTAL FUND TYPES (CONT.) CAPITAL PROJECTS FUNDS All Funds Financial Statements Combining Balance Sheet Combining Statement of Revenues, Expenditures, and Changes in Fund Balances SPECIAL ASSESSMENT FUNDS r All Funds Financial Statements Combining Balance Sheet Combining Statement of Revenues, Expenditures, and Changes in Fund Balances PROPRIETARY FUND TYPES ENTERPRISE FUNDS All Funds Financial Statements Combining Balance Sheet Combining Statement of Revenues, Expenses, and Changes in Retained Earnings - Unreserved Combining Statement of Changes in Financial Position Water Fund Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Retained Earnings - Unreserved - Budget and Actual Statement of Changes in Financial Position Supplemental Statements Statement of Expenses - Budget and Actual Statement of Fixed Assets and Depreciation (See P. 58) PAGE 53 54 55 55 56 57 58 59 60 61-62 63 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 TABLE OF CONTENTS (CONT.) FINANCIAL SECTION (CONT.) PROPRIETARY FUND TYPES (CONT.) ENTERPRISE FUNDS (CONT.) Sewerage Fund Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Retained Earnings - Unreserved - Budget and Actual Statement of Changes in Contributions, Retained. Earnings - Reserved and Contributed Capital Statement of Changes in Financial Position, Supplemental Statements Statement of Expenses - Budget and Actual Statement of Fixed Assets and Depreciation Refuse Fund Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Retained Earnings - Budget and Actual Statement of Changes in Financial Position Commuter Parking Lot Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Retained Earnings - Budget and Actual Statement of Changes in Contributed Capital Statement of Changes in Financial Position Supplemental Statements Statement of Expenses - Budget and Actual Statement of Fixed Assets and Depreciation 1 (See P. 58) (See P. 58) (See P. 58) FA PAGE 64 65 66 67-68 69 70 71 72 73 74 75 76 TABLE OF;CONTENTS (CONT.) FINANCIAL SECTION (CONT.) PROPRIETARY FUND TYPES (CONT.) INTERNAL SERVICE FUNDS Garage Fund Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Retained Earnings - Budget and Actual Statement of Changes in Financial Position Supplemental Statement Statement of Expenses - Budget and Actual FIDUCIARY FUND TYPES TRUST AND AGENCY FUNDS All Funds Financial Statements Combining Balance Sheet Expendable Trust Fund Dial -A -Ride Fund Financial Statements Balance Sheet Statement of Revenues, Expenditures, and Changes in Fund Balance \ Pension Trust Fund Police Pension Fund Financial Statements Balance Sheet Statement of Revenues, Expenses, and Changes in Fund Balance - Budget and Actual Statement of Changes in Financial Position Deposit Fund Financial Statement Statement of Changes in Assets and Liabilities PAGE 77 77 78 79 80 81 81 82 82 83 84 TABLE OF CONTENTS (CONT.) FINANCIAL SECTION (CONT.) ACCOUNT GROUPS GENERAL FIXED ASSETS Financial Statements Statement of General Fixed Assets GENERAL LONG-TERM DEBT Financial Statements Statement of General Long -Term Debt SUPPLEMENTARY DATA Combined Statement of Cash and Investments Combined Statement of Investments Current and Long -Term Debt Requirements Sewerage Improvement Bonds of 1973 Sewerage Treatment Facilities Bonds of 1973 Land Acquisition Bonds of 1974 Installment Note - Police Addition Water Revenue Bond Series of 1960 Water Revenue Bond Series of 1959 Real Estate Tax Levies Statement of Legal Debt Margin Officer's Deposits PAGE 1*1 86 87 88-90 91 92 93 94 95 96 97 98 99 I [l 1 AUDITORS' REPORT ON THE FINANCIAL STATEMENTS I 1 I I I I E I., I r1 t !Certifled Public Accountants The Honorable Bernard Forrest, Mayor Members of the Board of Trustees Village of Deerfield, Illinois iWe have examined the combined financial statements of the Village of Deerfield, Illinois and the combining, individual fund, and account group financial statements of the.Village as of and for the year ended April 30, 1982 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. The records of the Special Assessments Numbers 3-84 (issued prior to 1930) were incomplete as to assessments receivable and bonds payable. The Special Assessment Fund has been presented on the full accrual basis of accounting which is not in conformance with generally accepted accounting principles. In our opinion, the combined financial statements referred to above �l except for the effects on the financial statements of the preceding paragraphs present fairly the financial position of the Village of Deerfield, Illinois at April 30, 1982, 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 except for the effects on the financial statements of the preceding paragraphs present fairly the financial position of the individual funds and account groups of the Village of Bank of Wheaton Building • 211 South Wheaton Avenue • Wheaton, Illinois 60187 9 (312) 665-4510 I 2 Deerfield, Illinois at April 30, 1982, and the results of operations of such funds and the changes in financial position of individual proprietary funds for the year then ended, in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. Our examination was made for the purpose of forming an opinion on the combined financial statements taken as a whole and on the combining, individual 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 and is not a required part of the combined financial statements of the Village of Deerfield, Illinois. The 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 opinion, is fairly stated in all material respects in relation to the combined financial statements taken as a whole. Karrison & Byrne August 4, 1982 a I Cl L I 11 t I P-A I I COMBINED STATEMENTS OVE RVI E W ("Liftable" General Purpose Financial Statements) t I VILLAGE OF DEERFIELD, ILLINOIS ALL FUND TYPES AND ACCOUNT GROUPS COMBINED BALANCE SHEET APRIL 30, 1982 L_ 'I (See Following Page) t I 11 I 'l v a n C e m rt m m P c n e m rt m o rt n m n m; G 9• m 0 rt B a rt m R m m R 0. 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N oa m co w m 0) p•+ ap 'O 8 0 7 41 a) as " P. e 7 (v m X ..+ m C w w •.a N m d 7 m w C e c. 0> > N y >. •a D u ^+ W U al •-e F F u U a C -• m w N w m 0 4+ 'O m C a) ••a m aJ •.+ w u ••+ w y a0 L W w° w v c C 0 u• m ^ c a m c> a m -, w v c bo oo w o w u Ol m m> C m w y m m m w •. 0 m fU ad m C C d 0 w C m N O m—— C .r T C w— m w w m >• m a? m N m aD .•+ m a+ m U m t O w ^, y C fU 0 v 'O •.+ .+ .+ v .� .•+ 7 v m ao C w m 0.+ + w •.+ 3 .+ 7 d + .+ E. w m m w O eo r w O ^" 7 47 w w fa v u 0 •O N r L •-� m v u .i M C m al w w m a) cc O C X m u .+ C m F C c G oo m C— an d W ►+ m 6 w aJ o) m t 'C >+•••e m w N m t ••� C ••+ ••+ N d 7 ••� a) N 7 •.+ al N X a1 a a a) C •O m w Ol D. >FU.-7 ►+k. ac�0. mu SO u W c 0 0 uO cc e �aae d ce W is 0 W k7. 5 11 VILLAGE OF DEERFIELD, ILLINOIS ALL PROPRIETARY AND FIDUCIARY PENSION TRUST) FUND TYPES COMBINED STATEMENT OF REVENUES EXPENSES, AND CHANGES IN RETAINED EARNINGS FUND BALANCES FOR THE YEAR ENDED APRIL 30, 1982 Fiduciary Proprietary Fund Types Fund Type Totals Internal (Memorandum Only) Enterprise Service Pension Trust 1982 1981 Operating Revenues Billings $1,782,569 $120,071 $1,902,640 $1,820,124 Taxes $ 103,408 103,408 120,000 Interest Earned 165,442 165,442 109,761 Contributions 60,228 60,228 61,861 Other 185,074 (47,834) 137,240 159,605 Total Revenues $1,967,643 $120,071 $ 281,244 $2,368,958 $2,271,351 Operating Expenses Administration $ 154,419 $ 154,419 $ 123,067 Operations 1,826,748 1,826,748 1,805,743 Depreciation 232,654 232,654 222,762 Benefits and Refunds $ 29,733 29,733 259992 Other 15,769 $120,274 136,043 137,540 Total Expenses $2,229,590 $120,274 $ 29,733 $2,379,597 $2,315,104 Operating Income (Loss) before Other Financing Sources $ (261,947) $ (203) $ 251,511 $ (10,639) $ (43,753) Transfer from Sewerage Treatment Facilities $ 749 $ 749 Transfer to Street (15,000) (15,000) $ 14,251) - - $ 14,251) - Operating Income (Loss) $ (276,198) $ (203) $ 251,511 $ (24,890) $ (43,753) Non -Operating Revenues (Expenses) Interest Earned $ 120,087 $ 120,087 90,142 Property Taxes 306,740 306,740 298,000 Interest (16,000) (16,000) (14,864) Net Income (Loss) $ 134,629 $ (203) $ 251,511 $ 385,937 $ 329,525 Retained Earnings/Fund Balances May 1 $1,108,918 $(22,557) $1,661,869 $2,748,230 $2,509,681 Intrafund Transfers from Retained Earnings - Transfer to Illinois Municipal Retirement Fund (70,000) Reserved - Restricted Accounts. (37,111) (37,111) (20,976) Prior Period Adjustment (22,063) 1 072 (20,991) $1,049,744 $(21,485) $1,661,869 $2,690,128 $2,418,705 April 30 $1,184,373 $(21,688) $1,913,380 $3,076,065 $2,748,230 See accompanying Notes to the Financial Statements. 7 .--4 0 O m cc 41 V E + CC w O N 0 0 W +� m G. HFes+ w [- r a, r1 H w a a 7 . N �rn a rnm 04 z H z o a�i a, 04H wa Ha•> ~ A W off, C �-Oi cn aw cn6 7 w w w zzin as a, 9 z44 kw.1 H it •.1 A U C D .fir 0 a o A w 4) a W A � a w x H 04 1-4 H W H W A W oG C4 z o w U a %D N 0 O ^i a 0 M 1 O V1 O N %D N 0 N%0w%DNO1%D -*en0V1oM M r O 1r1 r N. -i 0 Lr 0 N C O, 0 D N N ul1 Cr. NNr+Vn Or M �NI N•""4t'1 N V1M%DO O N N M N V1 M M r O try trr yr trr yr r%DMN4%D V1 N-40ON N M Co -4 M N%DmrLf)N NOOO ^+ -4 O N 01,1-%D0�00V) OO r 0 LrN cr1 V1MC�-4-4N V1 NN0^+ V1 c � �? 0M N V'1MN NV1cn M O %D N N t? t? t? 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VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 Summary of Significant Accounting Policies The Village of Deerfield, Illinois was incorporated April 14, 1903. The Village operates under a Council -Manager form of government and provides the following services as authorized by its charter: public safety (police), highways and streets, sanitation, health and social services, culture - recreation, public improvements, planning and zoning, and general administrative services. The accounting policies of the Village accounting principles as applicable to of the more significant policies: A. Fund Accounting E3 C_ of Deerfield conform to generally accepted governments. The following is a summary 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 General 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). i 9 VILLAGE OF DEERFIELD. ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1. Summary of Significant Accounting Policies (Cont.) A. Fund Accounting (Cont.) GOVERNMENT FUNDS (CONT.) Special Assessment Funds - Special Assessment Funds are used 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. ACCOUNT GROUPS General Fixed Assets Account Group - The General Fixed Assets Account Group is used to account for all fixed assets which are not accounted for in Enterprise, Internal Service or Trust Funds. 1-1 10 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 Summary 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. All 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. All 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. I 1 I t It 11 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1. 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. 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. Because of their 'pending 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. All 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. I 11 12 1 1. VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30. 1982 Summary of Significant Accounting Policies (Cont.) B. Fixed Assets and Long -Term Liabilities (Cont.) The estimated useful lives are as follows: Parking Lot Improvements 20 years Water Systems 40 years Equipment 5-10 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 Garbage 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. I 1 I 13 1 VILLAGE OF DEERFIELD, ILLINOIS 1 NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1. 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 the financial statements: 1. The Village Manager submits to the Village Board a proposed operating budget for the fiscal year commencing the following May 1. The operating budget includes proposed expenditures and the means of financing them. 2. Budget hearings are conducted. 3. The budget is legally enacted through passage of an ordinance. AM 4. The budget may be amended by the Village Board. 5. Budgets are adopted on a basis consistent with generally accepted accounting principles (GAAP). The level of control (level at which expenditures may not exceed budget/appropriations) is the Fund. Budget/Appropriations lapse at year end. 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 appropriation, is employed. Encumbrances outstanding at year end 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. 14 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1. Summary of Significant Accounting Policies (Cont.) G. Inventory Inventory is valued at the lower of cost (first -in, first -out) or market. Inventory in the General and Special Revenue Funds consists of expendable supplies held for consumption. The cost is recorded as an expenditure at the time individual inventory items are purchased. Reported inventories are equally offset by a fund balance reserve which indicates that they do not constitute "available spendable resources" even though they are a component of net current assets. Inventory is recorded on the basis of a physical count. H. Accumulated Unpaid Vacation, Sick Pay, and Other Employee Benefit Amounts Consistent with generally accepted accounting principles there have been no provisions made in accrued expenses for such amounts owing to employees. It is estimated that an accrual of these salaries would not materially differ from year to year. 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 columns on the Combined Statements - Overview are captioned Memorandum Only to indicate that they are presented only to facilitate financial analysis. Data in these columns 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. R. Capitalization of Leases Capitalizable leases (as defined in FASB 13), if any, have been treated in accordance with FASB 13. u 1 1 1 1 1 1 1 1 1 f 1 1 f 1 1 1 1 W, VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 Summary of Significant Accounting Policies (Cont.) L. Reserves The Village uses the term "Reserve" to designate portions of fund equity which are not "available 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.). 0. Property Taxes Property Taxes attach as an enforceable lien on January 1. They are levied the previous September (by passage of a Tax Levy Ordinance). Tax bills are prepared by the County and issued on or about March 1 and are payable in two installments, on or about June 1 and on or about September 1. The County collects such taxes and remits them periodically. Property tax revenues are recognized in the same accounting period as when both the levy and lien date have passed. 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. 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 publications entitled "Governmental Accounting, Auditing and Financial Reporting" and in 16 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1. Summary of Significant Accounting Policies (Cont.) P. Financial Reporting (Cont.) "Governmental Accounting and Financial Reporting Principles - NCGA Statement 1". The Village operates under the Budget Act. For consistency purposes, all financial statements utilize the term "Budget," to indicate estimated revenues or budget. 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: a) occupy a job normally requiring 600 hours or more per year; b) are paid on a regular payroll from Village funds; c) were under age sixty when first entering employment; and d) 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, 1981, the present value of currently accrued retirement obligations of the Village was $1,766,640. The Village had accumulated assets of $486,811 on the same date. Therefore, the balance of $1,279,829 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 $347,711 of this amount and the prior service portion of the rate is expected to provide $932,118. The latter amount is considered to be unfunded at this time; it is sometimes referred to as 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 entire cost of benefit payments ultimately to be made. Actual contributions this year totaled $379,826. This is a statewide plan, administered by IMRF. The Village has no further liability to this plan. 1 1 t 17 IVILLAGE OF DEERFIELD. ILLINOIS I NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 2. Retirement Fund Commitments (Cont.) Police Pension Fund B. 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 actuarial reserve over a 40 year period subsequent to January 1, 1980. The total actuarial requirements at April 30, 1981 (the date of the latest computation) amounted to $2,713,598, as determined by the Illinois Department of Insurance. Net present assets $1,661,869 Unfunded accrued liability 1,051,729 $2,713,598 Actual contributions this year totaled $315,540. This is a single - employer plan administered by the Village. Pj I 18 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30. 1982 2. Retirement Fund Commitments (Cont.) 2) Changes in Fund Balance Reserved for Employee Retirement Total Unreserved System Balances - May 1, 1981 $1,661,869 $ (910,937) $2,572,806 Additions Employer Contributions (Taxes) 109,258 109,258 Employee Contributions 60,228 60,228 Interest 165,442 165,442 Total Balances and Additions $1,996,797 $ (910,937) $2,907,734 Actuarial Adjustments Increase (Decrease) in Unfunded Accrued Liability - (140,792) 140,792 Total Revised Balances $1,996,797 $0 ,051,729) $3,048,526 Deductions Separation Refunds $ 29,733 $ 29,733 Miscellaneous 53,684 - 53,684 Total Deductions $ 83,417 - $ 83,417 Balances - April 30, 1982 $1,913,380 $0 ,051,729) $2,965,109 1 1 1 1 1 1 1 1 f 1 i 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 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 April 30, 1981 Amount necessary to amortize the unfunded accrued liability of $1,051,729 as determined by the State of Illinois Depart- ment of Insurance over the remaining 38.640 years as contemplated by Section 3-127 of the Illinois Pension Code. Total amount of tax levy necessary to arrive at the annual requirements of the Fund as contemplated in Section 3-125 of the Illinois Pension Code $ 83,842 66,195 $150,037 19 20 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 Due Due From To 3. Interfund Receivables and Payables General Fund Illinois Municipal Retirement Fund $ 22,000 Special Assessment $44,649 Garage 2,254 Dial -A -Ride 2,063 Total General Fund $ 24,063 $46,903 Youth Bound Fund Garage $ 658 Street and Bridge Fund Garage 8,121 Illinois Municipal Retirement Fund General 22,000 Federal Revenue Sharing Fund Debt Service 44,455 Total Special Revenue Funds $75,234 Debt Service Fund Federal Revenue Sharing $ 44,455 Sewerage Treatment Facilities 90,000 Total Debt Service Funds $134,455 Sewerage Treatment Facilities Fund Debt Service $90,000 Refuse 749 Total Capital Projects Funds $90,749 v 1 i 1 1 1 i 1 1 1 1 1 1 f 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 Due From Special Assessment Fund General $ 44,649 Due To Water Fund Garage $ 969 Sewerage Fund Garage 4,260 Refuse Fund Sewerage Treatment Facilities $ 749 749 $ 5,229 Garage General $ 2,254 Youth Bound 658 Street 8,121 Sewer 4,260 Water 969 $ 16,262 Dial -A -Ride General $ 2,063 Total $220,178 $220,178 21 22 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 4. Fixed Assets A. General Fixed Assets Land $1,659,545 Buildings and Improvements 1,237,500 Vehicles 351,680 Equipment 429,085 Office Furniture, Equipment 214,867 Q1 407 c77 The Village has taken a complete inventory of general fixed assets and these assets have been booked as of April 30, 1982. B. Summary of Proprietary Fixed Assets at April 30, 1982 Enterprise Commuter Water Sewerage Parking Lot Land $ 77,500 System $711,904 $5,742,761 Equipment and Vehicles 116,235 119,060 Parking Lots 613,028 Total $828,139 $5,861,821 $690,528 Less Accumulated Depreciation 420,036 440,537 89,978 Net $408,103 $5,421,284 $600,550 C t i 1 1 1 1 1 1 1 1 1 t 1 23 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30. 1982 5. Long -Term Debt A. Changes in Long -Term Debt Balances Balances May 1, 1981 Issuances Retirements April 30, 1982 General Obligation Bonds Sewerage Improvement Bonds $ 775,000 $ 75,000 $ 700,000 Facility Bonds 1,425,000 125,000 1,300,000 Land Acquisition Bonds 400,000 125,000 275,000 Installment Contract 365,000 20,000 345,000 $2,965,000 - $345,000 $2,620,000 Public Benefit $ 49,700 - $ 10,900 $ 38,800 Revenue Bonds Water Revenue B6nds-1960 $ 60,000 $ 5,000 $ 55,000 Water Revenue Bonds-1959 245,000 25,000 220,000 $ 305,000 - $ 30,000 $ 275,000 Special Assessment Bonds $ 78,669 - $ 10,000 $ 68,669 24 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 5. Long -Term Debt (Cont.) B. Debt Service Requirements to Maturity ANNUAL PRINCIPAL AND INTEREST REQUIREMENTS General Ob 1 igat ion Fiscal Year Bonds and Special Ending Installment Public Revenue Assessment April 30 Notes Benefit Bonds Bonds Total 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 $ 345,000 345,000 375,000 345,000 355,000 200,000 200,000 200,000 200,000 200,000 200,000 92.965.000 $10,900 10,900 9,500 2,500 2,500 2,500 $38,800 6. Revenue Bond Ordinance Disclosures A. Water Fund $ 30,000 35,000 35,000 40,000 45,000 45,000 45,000 $275,000 $10,000 10,000 10,000 3,000 3,000 4,000 $40,000 $ 395,900 400,900 429,500 390,500 405,500 251,500 245,000 200,000 200,000 200,000 200,000 $3,318,800 The ordinance authorizing the issuance of the Water Revenue Bond Series of 1959 and the subsequent Water Revenue Bond Issue of 1960 provided for the creation of separate accounts designated as 'Operations and Maintenance Account," "Principal and Interest Account," "Depreciation Account," "Bond Reserve Account," "Surplus,Account," "Improvement and Extension Account," and "Bond Redemption Account" into which accounts there shall be credited as of the first day of each month except as hereinafter provided for the Improvement and Extension Account and the Bond Redemption Account, all monies of the system in accordance with the following priority. Operation and Maintenance Account - An amount sufficient to cover the estimated operating and maintenance expense of the water system for the current month. J 1 r] r 1 fl r] I� 25 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 1 6. Revenue Bond Ordinance Disclosures (Cont.) A. Water Fund (Cont.) Bond Principal and Interest Account - an amount at least equal to the sum of one -sixth of the interest becoming due on the next interest payment date, and one -twelfth of the aggregate yearly amount of principal due on the next principal maturity date. Depreciation Account - the sum of $250 each month until such account aggregates the sum of $15,000. Funds accumulated shall be used for replacements or unusual repairs for which funds are not otherwise available. Bond Reserve Account - an amount of $950 each month until such account aggregates the sum of $52,000. Funds accumulated shall be used for the payment of bond principal and interest, should the amount available in the bond principal and interest account be insufficient to meet the payments when due. Surplus Account - any monies remaining each month after providing for the credits to the above listed accounts shall be credited to the surplus account. At the end of each fiscal year, funds in this account shall be used to make up deficiencies in the prior accounts, 50% of the remaining amounts be transferred to an Improvement and Extension Account accumulated up to a maximum of $100,000, and all money then remaining in the surplus account may be used for the following purposes: A. Create a Bond Redemption Account B. Accelerate the accumulation of funds in aforementioned accounts C. Used for any lawful corporate purpose Bond Ordinance Disclosure Metered 5407 Unmetered 0 Connecting Properties 5367 Hydrants 750 Gallons Pumped 760,466,000 Gallons Billed 628,378,000 7. Deficit Fund Balances/Retained Earnings of Individual Funds The following funds had a deficit in fund balance/retained earnings at April 30, 1982: Fund Deficit Balance Commuter Parking Lot (14,012) Garage (21,688) 1 ro k 26 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 8. Excess of Actual Expenditures/Expenses over Budget in Individual Funds The following funds had an excess of actual expenditures/expenses over budget for the year ended April 30, 1982: Fund Excess Motor Fuel Tax $34,809 Garage 1,839 9. Segment Information for Certain Individual Enterprise Funds The Village maintains four Enterprise Funds which provide water and sewerage, and parking services. Segment information for the year ended April 30, 1982 is as follows: Sewerage Parking Lot Water Fund Fund Refuse Fund Fund Total Operating Revenues $853,651 $ 638,092 $ 424,375 $ 51,525 $1,967,643 Depreciation, Depletion, and Amortization Expense 30,865 171,138 30,651 232,654 Operating Income'or (Loss) 100,583 (107,127) (259,438) 4,035 (261,947) Operating Transfers In 749 749 Out 15,000 15,000 Net Income (Loss) 116,202 (25,069) 54,461 (10,965) 134,629 Current Capital Contributions and Transfer Contributions Transfers 37,111 37,111 Plant, Property and Equipment Additions 26,530 30,435 56,965 Deletions 7,000 47,066 54,066 Net Working Capital 347,502 573,802 339,455 11,678 1,272,437 Bonds and Other Long -Term Liabilities Payable from Operating Revenues 275,000 275,000 Total Equity 569,313 6,146,951 339,455 612,228 7,667,947 27 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS NOTES TO THE FINANCIAL STATEMENTS APRIL 30, 1982 10. Prior Period Adjustments (Cont.) General To write-off prior year's encumbrances $ 10,536 To correct prior period accounts payable 7,760 $ 18,296 Library To set up petty cash that was in existence in the previous fiscal year $ 600 Street and Bridge To write-off prior year's encumbrances $ 1,070 Storm Sewer Improvement To write-off a grant receivable $0 4,893) Land Acquisition To write-off a credit to a contract that was paid off last year $ 2,165 Sewerage To correct prior period accounts payable $ 1,150 Commuter Park Lot To correct prior period accounts payable $ (305) To write-off an outstanding receivable (22,908) $(23,213) Garage To write-off prior year's encumbrances $ 1,072 �7,, 1 1 GOVERNMENTAL FUND TYPES 11 11 rl 1 1 11 GENERAL FUND Fi I P, 17, 28 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND BALANCE SHEET APRIL 30, 1982 ASSETS Cash and Investments (Page 87) Receivables Property Taxes - Current Levy Sales Tax State. Income Taxes Fines Interest Other Due from Other Funds (Note 3) Other Assets LIABILITIES AND FUND BALANCE Liabilities Accounts Payable Accrued Payroll Due to Other Funds (Note 3) Other Total Liabilities Fund Balance (Page 29) See accompanying Notes to the Financial Statements. Totals 1982 1981 $ 897,777 $ 772,672 394,063 415,096 91,375 84,498 36,604 31,898 25,000 27,000 35,534 25,493 24,321 21,540 24,063 22,000 14,095 14,427 $1,542,832 $1,414,624 $ 33,395 $ 101,631 209 52,779 46,903 58,375 19,701 $ 100,208 $ 212,785 $1,442,624 $1,201,839 29 1 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Revenues (Page 30) Property Taxes - Current Levy Municipal Sales Tax State Income Tax Interest Earned Licenses and Permits Fines Services Other Revenue Expenditures (Page 31) Administrative Department Police Department Excess of Revenues over Expenditures Totals 1982 1981 Budget Actual Actual $ 420,000 $ 432,268 $ 420,338 1,232,000 1,185,829 1,123,981 350,000 342,934 328,065 75,000 150,972 109,062 88,000 82,394 72,359 100:000 127,746 101,950 65,000 67,462 68,144 38,000 58,609 35,361 $2,368,000 $2,448,214 $2,259,260 $ 898,400 $ 792,108 $ 853,797 1,601,297 1,457,011 1,335,893 $2,499,697 $2,249,119 $2,189,690 before Other Sources and (Uses) $ (131,697) $ 199,095 $ 69,570 Other Financial Sources (Uses) Operating Transfer from Street and Bridge $ 33,000 S 33,000 $ 33,000 Operating Transfer to Youth Bound Fund (4,000) (4,000) (12,000) Operating Transfer to Building Fund (5,606) Operating Transfer to Illinois Municipal Retirement Fund (40,000) $ 29,000 $ 23,394 $ 19,000) Excess of Revenues over Expenditures and Other (Uses) Fund Balance May 1 Prior Period Adjustment Adjusted Balance April 30 (Page 28) $ (102,697) $ 222,489 $ 50,570 See accompanying Notes to the Financial Statements. $1,201,839 $1,151,269 18,296 $1,220,135 $1,151,269 91 AAI AAA 141 17nl R4Q 1 1 I 30 VILLAGE OF DEERFIELD, ILLINOIS STATEMENT OF REVENUES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Property Taxes Property Taxes - 1981 Levy $ 420,000 Prior Year Tax Collections 12,268 $ 420,000 $ 432,268 Municipal Sales Tax $1,232,000 $1,185,829 State Income Tax $ 350,000 $ 342,934 Interest Earned $ 75,000 $ 150,972 Licenses and Permits Beer/Liquor Licenses $ 25,000 $ 24,350 Food Licenses 2,000 2,968 Other Business Licenses 9,000 8,452 Building Permits 20,000 243,238 Animal Licenses 7,000 6,929 Non -Business Licenses and Permits 25,000 15,457 $ 88,000 $ 82,394 Fines . $ 100,000 $ 127,746 Services Special Police Services $ 25,000 $ 32,283 Transfer Charges 30,000 303,000 Engineering Charges 10,000 5,179 $ 65,000 $ 67,462 Miscellaneous False Alarms $ 8,460 Sale of Materials $ 1,000 510 Rental 7,000 7,521 Miscellaneous 20,000 8,010 Grants 10,000 24,796 Other 9,312 $ 38,000 $ 58,609 $2,368,000 $2,448,214 31 , VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND ' STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual ' Administration Department Salaries $ 427,000 $ 406,538 Overtime 4,000 2,017 Part -Time 36,000 27,071 Employee Benefits 25,500 20,688 Professional Services 96,000 55,826 Travel, Training and Dues 10,000 9,847 Printing and Advertising 11,000 5,822 Communications 12,500 11,785 Insurance 20,000 13,453 , Contractual Services 40,100 41,040 Utility Services 5,000 1,623 Motor Vehicle Maintenance 4,500 2,171 Repairs and Maintenance 16,000 14,068 ' Equipment Rental 1,000 Miscellaneous Supplies 12,000 10,000 11,669 21,958 , Motor Vehicle Supplies 2,500 1,518 Dog Pound 4,000 3,412 Housing Assistance 30,000 26,372 ' Apparel 300 226 Equipment 5,000 13,655 Land Acquisition 78,000 80,783 Advisory Boards 4,473 Transfer to Dial -A -Ride 48,000 16,093 $ 898,400 $ 792,108 ' 32 1 I 1 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Police Department Administrative Service Salaries $ 219,604 $ 203,445 Overtime 4,725 3,611 Part -Time 31,986 24,260 Employee Benefits 13,560 8,548 Professional Services 3,350 687 Travel, Training and Dues 4,392 3,445 Printing and Advertising 10,550 7,133 Communications 16,070 13,770 Insurance 65,690 35,334 Contractual Services 21,532 7,290 Motor Vehicle Maintenance 600 322 Repairs and Maintenance 1,100 2,433 Supplies 8,700 8,738 Motor Vehicle Supplies 975 657 Apparel 2,500 2,716 Equipment 300 1,172 Miscellaneous 5,000 61 $ 410,634 $ 323,622 Investigations Salaries $ 81,738 $ 81,900 Overtime 10,614 10,088 Employee Benefits 3,600 3,109 Travel, Training and Dues 1,350 1,686 Contractual Services 8,670 8,800 Motor Vehicle Maintenance 1,550 1,561 Repairs and Maintenance 450 Supplies 3,500 2,419 Motor Vehicle Supplies 1,960 1,217 Apparel 1,050 1,031 Equipment 1,325 547 $ 115,807 $ 112,358 Patrol Salaries $ 648,034 $ 638,010 Overtime 30,893 30,770 Part -Time 34,181 28,116 Employee Benefits 33,000 27,857 Travel, Training and Dues 17,623 16,546 Motor Vehicle Maintenance 21,000 17,036 Repairs and Maintenance 1,000 1,157 33 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Police Department (Cont.) Patrol (Cont.) Supplies Motor Vehicle Supplies Apparel Equipment Motor Vehicles Community Services Salaries Overtime Employee Benefits Travel, Training and Dues Motor Vehicle Maintenance Repairs and Maintenance Supplies Motor Vehicle Supplies Apparel Special Services Salaries Youth Services Salaries Overtime Employee Benefits Travel, Training and Dues Motor Vehicle Maintenance Repairs and Maintenance Supplies Motor Vehicle Supplies Apparel Equipment Budget Actual $ 4,450 $ 3,555 32,200 25,150 10,850 9,634 5,700 5,095 45,000 36,067 $ 883,931 $ 838,993 $ 30,864 $ 31,640 758 772 1,200 1,326 290 36 600 307 200 1,200 1,266 985 349 350 362 $ 36,447 $ 36,058 $ 32,962 $ 38,060 $ 32,962 $ 38,060 $ 76,956 $ 76,262 7,934 4,792 3,600 2,943 1,050 1,447 1,750 1,380 300 153 300 40 2,420 1,123 700 607 300 383 $ 95,310 $ 89,130 N 34 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Police Department (Cont.) Bicycle Safety Program Salaries Travel,, Training and Dues Printing and Advertising Contractual Repairs and Maintenance Apparel Equipment Benefits Operation of Auto Equipment Total Police Department Total General Fund Budget Actual $ 19,851 $ 12,152 177 42 1,000 1,041 360 485 250 500 575 4,068 4,075 320, 100 $ 26,206 $ 18,790 $1,601,297 $1,457,011 $2,499,697 $2,249,119 d 1 I a I SPECIAL REVENUE FUNDS s C,Or, 1 •••� r (1 P11N C n N c 1'1 srnn m O• N .ti �n N o• t^. ppl V1 v1 CD �O cc y m N N y y y J O I- r CO cc O 1 �• n CO .t 01 d 1 O` s P1 u1 O� C Al d m O• N N �'1 n V1 Y1 O` PI O% 00 N y 41 N .n y K N n P N N co 4 F h v1 '•' N N m N 4• y N y y b N N V1 V1 n N m 7 w C O O u a 4 m 4KN y (? y Iy y CD P I I O. CI y yII I y HI J m C y N 00 cu w CO ~ .1 n d a a,M n C d d M cc H] y N N y y y y � K F 4 R vC N �O o• e+� _ ... d O• ti s of �n �n r s C- C s s N 4 C 1 I N N Q C y y y y � Z Z 0. 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O m. jlv O V N N N N N N N N m n m 101 INI II� IP,IW m v N m � N IN N N N N N �N•• � NN IO I0i IO INI I, IIF S r P O N NN N N fA N r I F rcr W r NI r P 1 1 P P J N V V n m I _ O b bl O —•O V b W s F F PI? sF O J m s m O Jo O 7>> •O in to 4 m r o O b P O o 0 P W W O O N P V F m 6 A T N N N N N '� � �i � N N ' .•. b PI P I W W �• r, n• PO 'JI v�i r I r O O r F S IrIW IN IPIP Ir) I7 IN III Ild b r I� N N N N Vl N N N I I7 F r J •O P P T G m J P P N N N N N N N W W W r W C T O — m `N.. ► ^ N N' N N ^ N ^ y P W w N N N L v 1 W W l! � J— • D 4n F F^ W b F P N^ •D •� `.+� — F V b V 'O P N ^ ^ W^ ^ W DD O './� F b O b •O b J V W OF O tnv0 N� FPJONNv •GJN Pp•J W O n m N N N N N N N N N N m W .. ► •.. 4- r^ J N^ N W V W r W •G F J N r F^ V O N W^ •o d N 0 to W b •O N V ^ P V1 N V' W P W J P b 'O F b W •O O N rb V O O LN r OI O^ r O>> F OOJO P W W O 37 VILLAGE OF DEERFIELD, ILLINOIS MUNICIPAL AUDIT FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 0 Revenues 1981 Tax Levy Prior Years' Taxes Expenditures Contractual Excess of Revenues over Expenditures Fund Balance May 1, 1981 April 30, 1982 See accompanying Notes to the Financial Statements. Budget Actual $10,500 $10,500 377 $10,500 $10,877 10,500 10,300 - $ 577 16,000 $16,577 38 1 VILLAGE OF DEERFIELD, ILLINOIS EMERGENCY SERVICES DISASTER FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Revenues 1981 Tax Levy $ 5,000 $ 5,000 Prior Years' Taxes 142 $ 5,000 $ 5,142 Expenditures Travel, Training and Dues $ 600 $ 318 Communications 400 279 Insurance 700 565 Contractual 200 26 Utility Services 100 23 Motor Vehicle Maintenance 1,000 471 Motor Vehicle Supplies 200 13 Repairs and Maintenance 500 131 Supplies 300 881 Equipment 1,000 $5,000 $ 2,707 Excess of Revenues over Expenditures - $ 2,435 Fund Balance May 1, 1981 12,666 April 30, 1982 $15,101 See accompanying Notes to the Financial Statements. 1 1 l 1 1 1 1 i 1 1 1 1 i 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS YOUTH BOUND FUND 39 STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE — BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 Revenues Project Income Expenditures Salaries Benefits Travel, Training and Dues Insurance Motor Vehicle Maintenance Motor Vehicle Supplies Repairs and Maintenance Supplies Lodgings Equipment Communications Excess (Deficiency) of Revenues over Expenditures before Operating Transfers Other Financing Sources Transfer from General Fund Fund Balance May 1, 1981 April 30, 1982 See accompanying Notes to the Financial Statements. Budget Actual $ 19,320 $11,152 $ 19,320 $11,152 $ 4,000 $ 1,063 150 32 612 292 2,000 648 1,600 850 4,000 1,298 200 22 5,000 5,483 1,250 1,716 325 167 200 331 $ 19,337 $11,902 $ (17) $ (750) 4,000 $ (17) $ 3,250 124 $ 3,374 VILLAGE OF DEERFIELD, ILLINOIS LIBRARY FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Revenues 1981 Tax Levy Prior Years' Taxes Non -Resident Fees Fees, Fines and Penalties Gifts Reciprocal Borrowing Xerox Interest Film Insurance Grants Expenditures Salaries - Professional Salaries - Non -Professional Employee Benefits Professional Services Education, Travel, Dues, Etc. Communication Insurance Contractual Services Utilities Repairs - Roof Repairs, Maintenance of Building and Equipment Building Supplies Aggregates Supplies (Library and Office) Books Periodicals Audio -Visual Binding Special Library Programs Data Base Paving Parking Lot New Equipment Computer Service Miscellaneous Working Cash Fund Cataloging Service Excess (Deficiency) of Revenues over Expenditures Fund Balance May 1, 1981 Prior Period Adjustment Adjusted Balance April 30, 1982 See accompanying Notes to the Financial Statements. 40 Budget Actual $476,500 3,500 12,000 500 10,500 12,000 15,000 $530,000 $110,720 163,199 5,000 1,500 3,500 4,800 8,000 10,000 350 21,000 43,140 12,000 70,000 13,500 8,000 2,000 1,000 4,000 12,500 10,500 58,000 400 5,000 568,109 S(38,109) $476,500 11,402 7,696 19,833 1,928 6,284 18,621 17,175 (231) 8,332 $567,540 $121,110 169,803 5,993 6,512 2,599 5,266 6,130 12,586 420 19,708 12,153 59,841 13,496 5,911 1,116 1,095 1,608 6,221 232 9,357 S461.157 $106,383 $541,951 600 $542,551 $648,934 1 41 VILLAGE OF DEERFIELD, ILLINOIS STREET AND BRIDGE FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 ' Budget Actual Revenues 1981 Tax Levy $160,000 $160,000 Prior Year's Taxes 4,000 11,084 $164,000 $171,084 Interest Earned 3,000 10,527 Vehicle Licenses 245,000 244,826 Motor Fuel Tax 117,000 117,000 State Highway Maintenance 11,500 12,569 50/50 Sidewalk and Curb Miscellaneous 8,800 6,000 7,291 5,672 Train Station Maintenance 1,500 1,500 $556,800 $570,469 Expenditures - Public Works (Page 42-46) Administration $ 71,045 $ 66,368 Cleaning 15,866 20,096 Traffic Marking 36,167 36,874 Pre -Mix Patching 72,569 75,296 Tarring Cracks 32,242 35,559 Drainage Structure 11,505 12,395 Street Lights and Traffic Signals 64,787 72,714 Miscellaneous Maintenance 50,243 38,059 Snow and Ice Control 96,125 102,848 Weed Control 17,389 12,354 Leaf Removal 8,080 9,128 Tree Removal 22,943 21,140 Tree Planting 11,606 6,527 j Railroad Station Maintenance 19,221 15,205 $529,788 $524,563 Excess of Revenues over Expenditures before Other Financing Sources (Uses) $ 27,012 $ 45,906 Other Financing Sources (Uses) Operating Transfers in (Out) Transfer from Parking Lot Fund $ 15,000 $ 15,000 Transfer to General Fund (33,000) (33,000) $ 18,000) $ 18,000) Excess of Revenues over Expenditures $ 9,012 $27,906 Fund Balance May 1, 1981 $179,828 Prior Period Adjustment 1,070 Adjusted Balance $180,898 April 30, 1982 $208,804 See accompanying Notes to the Financial Statements. 42 r VILLAGE OF DEERFIELD, ILLINOIS STREET AND BRIDGE FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 Public Works Department - Administration Salaries Overtime Employee Benefits Professional Services Travel, Training and Dues Printing and Advertising Communications Insurance Motor Vehicle Maintenance Miscellaneous Supplies Motor Vehicle Supplies Apparel Repairs and Maintenance Equipment Public Works - Cleaning Salaries Overtime Employee Benefits Small Tools and Equipment Contractual Services Motor Vehicle Maintenance Repairs and Maintenance Equipment Rental Motor Vehicle Supplies Supplies Public Works - Traffic Marking Salaries Overtime Part -Time Employee Benefits Small Tools and Equipment Motor Vehicle Maintenance Repairs and Maintenance Motor Vehicle Supplies Materials Street Signs Contractual Budget $24,719 326 1,000 200 800 4,400 2,600 27,000 2,000 1,000 1,500 900 1,100 500 3,000 $71,045 $ 8,723 543 600 300 500 1,100 1,500 100 1,500 1,000 $15,866 $ 9,113 434 1,920 600 1,200 600 800 5,000 6,500 10,000 $36,167 Actual $28,632 1,509 50 436 3,792 1,868 18,281 2,763 780 1,977 1,147 1,355 922 2,856 $66,368 $ 7,781 108 537 534 2,855 5,101 2,489 691 $20,096 $ 5,927 162 1,867 435 972 597 6,860 7,270 12,258 526 $36,874 1 1 L 1 E 43 VILLAGE OF DEERFIELD, ILLINOIS . STREET AND BRIDGE FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Pre -Mix Patching Salaries $28,892 $30,701 Overtime 977 1,609 Employee Benefits 1,600 1,157 Motor Vehicle Maintenance 5,000 5,512 Repairs and Maintenance 3,000 2,550 Supplies 600 257 Motor Vehicle Supplies 1,800 2,709 Aggregates 23,700 24,922 Materials 2,000 1,925 Equipment 5,000 3,954 $72,569 $75,296 Tarring Cracks Salaries $12,113 $ 6,059 Overtime 109 841 Part -Time 1,920 1,920 Employee Benefits 1,100 332 Motor Vehicle Maintenance 1,000 996 Repairs and Maintenance 800 646 Motor Vehicle Supplies 700 468 Aggregates 500 Materials 14,000 19,809 Equipment Rental 4,488 $32,242 $35,559 Drainage Structures Salaries $ 4,362 $ 5,711 Overtime 543 386 Employee Benefits 300 380 Motor Vehicle Maintenance 1,200 1,231 Repairs and Maintenance 1,500 1,560 Motor Vehicle Supplies 600 270 Aggregates 1,000 485 Materials 2,000 2,372 $11,505 $12,395 Street Lights and Traffic Signals Salaries $ 9,502 $ 9,478 Overtime 760 814 Employee Benefits 300 586 44 1 VILLAGE OF DEERFIELD, ILLINOIS STREET AND BRIDGE FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 t Budget Actual Street Lights and Traffic Signals (Cont.) Contractual Services $ 8,000 $ 13,626 Utility Services 33,000 35,255 Motor Vehicle Maintenance 900 2,221 Repairs and Maintenance 625 (2,041) Equipment Rental 1,000 Motor Vehicle Supplies 900 1,251 Aggregates 300 538 Materials 8,000 9,591 Equipment 1,500 1,395 $64,787 $ 72,714 r Miscellaneous Maintenance Salaries $ 4,750 $ 6,371 Overtime ( 543 316 Employee Benefits 300 322 Contractual Services 30,100 18,146 Motor Vehicle Maintenance 850 891 Repairs and Maintenance 2,500 1,509 Small Tools and Equipment 300 143 Miscellaneous 500 617 Motor Vehicle Supplies 900 341 Aggregates 1,000 858 Materials 8,500 8,545 $50,243 $ 38,059 Snow and Ice Control Salaries $22,780 $ 14,298 Overtime 7,595 14,058 Employee Benefits 1,200 622 Communications 650 Motor Vehicle Maintenance 6,000 6,978 Repairs and Maintenance 11,000 15,622 Equipment Rental 1,000 Supplies 2,000 893 Motor Vehicle Supplies 6,400 4,489 Salt 19,000 30,135 Aggregates 6,000 5,136 Materials 2,000 512 Equipment 10,500 10,105 Motor Vehicles $96,125 $102,848 45 r 11 VILLAGE OF DEERFIELD, ILLINOIS STREET AND BRIDGE FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Weed Control Salaries Overtime Part -Time Employee Benefits Motor Vehicle Maintenance Repairs and Maintenance Motor Vehicle Supplies Materials Equipment Leaf Removal Salaries Overtime Employee Benefits Insurance Motor Vehicle Maintenance Repairs and Maintenance Motor Vehicle Supplies Tree Removal Salaries Overtime Part -Time Employee Benefits Contractual Services Motor Vehicle Maintenance Repairs and Maintenance Motor Vehicle Supplies Materials Equipment Rental Tree Planting Salaries Overtime Employee Benefits Contractual Services -� Motor Vehicle Maintenance Repairs and Maintenance Motor Vehicle Supplies Materials Budget $ 4,360 109 1,920 300 1,000 1,500 700 4,000 3,500 $17,389 $ 3,440 1,290 300 500 1,000 1,100 450 $ 8,080 $ 4,750 543 3,200 300 9,000 950 900 600 2,200 500 $22,943 $ 4,360 271 300 4,200 800 475 700 500 $11,606 Actual $ 2,865 12 1,551 .181 970 2,349 497 704 3,225 $12,354 $ 3,915 751 285 1,001 2,366 810 $ 9,128 $ 5,917 138 3,200 380 8,843 738 416 217 1,290 1 $21,140 $ 2,647 20 148 2,018 550 44 755 345 $ 6,527 I 46 VILLAGE OF DEERFIELD, ILLINOIS STREET AND BRIDGE FUND STATEMENT OF EXPENDITURES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Railroad Station Maintenance Salaries Overtime Part -Time Employee Benefits Repairs and Maintenance Supplies Materials Contractual Utility Service Aggregates Total Street and Bridge Fund 0 Budget Actual $ 4,750 $ 4,654 651 86 1,920 1,920 300 336 2,000 1,863 1,500 1,016 400 507 5,000 2,947 2,200 1,576 500 300 $ 19,221 $ 15,205 $529,788 $524,563 47 VILLAGE OF DEERFIELD, ILLINOIS ILLINOIS MUNICIPAL RETIREMENT FUND, STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 Revenues 1981 Tax Levy Prior Years' Taxes Replacement Tax Expenditures I.M.R.F. Payments Excess (Deficiency) of Revenues over Expenditures Fund Balance May 1, 1981 April 30, 1982 See accompanying Notes to the Financial Statements. Budget $220,000 8,000 $228,000 Actual $220,000 5,736 7,438 $233,174 230,000 201,200 $ (2,000) $ 31,974 166,695 $198,669 48 VILLAGE OF DEERFIELD, ILLINOIS PUBLIC BENEFIT FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Revenues 1981 Tax Levy $10,000 $10,000 Prior Years' Taxes 284 $10,000 $10,284 Expenditures Contractual 15,000 $13,706 Excess (Deficiency) of Revenues over Expenditures Fund Balance May 1, 1981 Residual Equity Transfer April 30, 1982 See accompanying Notes to the Financial Statements. $(5,000) $(3,422) $27,798 55,943 $83,741 $80,319 49 VILLAGE OF DEERFIELD, ILLINOIS FEDERAL REVENUE SHARING FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Revenues Entitlements Earned Interest Earned Expenditures Police Building Abatement Excess of Revenues over Expenditures Before Other Operating Financing Sources Other Financing Sources Operating Transfer Out Transfer to Debt Service Excess of Revenues over Expenditures Fund Balance May 1, 1981 April 30, 1982 See accompanying Notes to the Financial Statements. Budget Actual $ 97,000 $ 96,746 4,000 $101,000 $ 96,746 $ 44,455 $ 44,455 - $ 56,545 $ 96,746 $ 56,545 (44,455) $ 52,291 $ 65,276 $117,567 50 VILLAGE OF DEERFIELD, ILLINOIS MOTOR FUEL TAR FUND STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Revenues Allotments Earned $ 220,000 $223,971 Interest Earned 30,000 41,012 Other 63,000 68,142 $ 313,000 $333,125 Expenditures Street Maintenance $ 117,000 $213,469 Street Resurfacing and Renovation Program 110,000 68,896 Deerfield Road Widening 55,000 34,444 $ 282,000 $316,809 Excess of Revenues over Expenditures Fund Balance May 1, 1981 April 30, 1982 See accompanying Notes to the Financial Statements. $ 31,000 $ 16,316 $323,916 $340,232 DEBT SERVICE FUNDS I I [j I 1 1� VILLAGE OF DEERFIELD, ILLINOIS DEBT SERVICE FUNDS BALANCE SHEET APRIL 30, 1982 ASSETS Cash and Investments (Page 87) Receivables Property Taxes, Current Levy Interest Due from Other Funds (Note 3) LIABILITIES AND FUND BALANCES Liabilities Bonds Payable Interest Payable Notes Payable Total Liabilities Fund Balances (Page 52) See accompanying Notes to the Financial Statements. Totals April 30, April 30, 1982 1981 $329,431 285,084 3,366 134,455 $752,336 $325,000 184,097 44,455 $553,552 198,784 $752,336 $285,410 297,420 6,022 130,780 $719,632 $300,000 206,436 45,780 $552,216 167,416 $719,632 51 52 1 VILLAGE OF DEERFIELD, ILLINOIS DEBT SERVICE FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Revenues 1981 Tax Levy Prior Year's Taxes Replacement Tax Interest and Other Expenditures Sewer Improvement Bonds Principal Interest Sewer Treatment Facility Bonds Principal Interest Land Acquisition Bonds Principal Interest Police Addition Contract 1982 1981 Budget Actual Actual $385,088 $303,819 $ 304,506 8,364 (3,478) 60,000 51,784 51,600 69,455 32,257 24,685 $514,543 $396,224 $ 377,313 $ 75,000 $ 75,000 35,412 38,788 125,000 125,000 65,687 71,312 125,000 100,000 18,987 25,125 Principal 20,000 20,000 Interst 24,455 25,780 Yous Contract 3,280 3,280 Other 1,490 1,649 $491,543 $494,311 $ 485,934 Excess (Deficiency) of Revenues over Expenditures before Other Operating Financing Sources $ 23,000 $(98,087) $0 08,621) Other Financing Sources Operating Transfers In Transfer from Sewerage Treatment Facilities Fund $ 85,000 $ 85,000 Transfer from Federal Revenue Sharing Fund 44,455 45,780 - $129,455 $ 130,780 Excess of Revenues over Expenditures $ 23,000 $ 31,368 $ 22,159 Fund Balance May 1 167,416 145,257 April 30 (Page 51) $198,784 $ 167,416 See accompanying Notes to the Financial Statements. L_J I I I I r__, I CAPITAL PROJECTS FUNDS I I 1 I rl I I I 1 I 53 en _+ en n u•f �O O� O In Oi OJ N G, CO Ln ON .� r en d y y CO O F O N N N ON •••� N O 1 en1 S 1 y y I !n v1 OC O O, CC Op en y y y n"C•.. U1 N OIn v Oi "' "" rOl O, en •Q y y I I tlf 1 01 17, v10,4y n n ^" ally nl �ll H Ica I N O O O O d �Y d •Q y y y y M — **' * **' V1 pp M fn In u1 rn en en e+1 n In V+ •�•� N N N y y y y m u C u m u O T C ..r � 0mq 6 u C C W C n w .•. d cou cn u p0 m O m F v .co p4 v J m Ij a al mm 4j c z d utic � to v > O W T •.� C d •0 •a 1-4 1- N T a cc N a m D. C & M omG W 1-40 m &j o apqq .� u u gg Cm b 1-4•L+ 0$1 u �0j coou m y w a -+ O .0 O Cs u r u C m 1-0 d U in7 w m C 7 V r+ C a w y t 1 1 1 1 1 t 1 t 1 1 1 1 1 1 1 1 179 cn "a m 'O x n w n O 'C C a a y y O n y m pp fp fD n n O m p m m •t r• m m m m n rn m ? 7 7 m n p A r• O OO m 7 7 n O m m m a 7 m c n r m m m m m 'a n_ h n r• n m m O r M M n r• m M n m m m W 'Sf m O m m r• O 0 n c G m y O m p m M n O m O m O n n n m n n rn 00 O e, re m n m .. r• m W. n r. n ? r• n P.. m oe •0 O m n O O y r• m n m 0 m r• m a P... n 7, W. 0 n 00 m n vcrm rn r�� a O v G `� n m O m m G D �C m m m an M "m r•Ph O ^ m a �•. 0o m m m m n m n O m G m p m m .. n G n m •ra m n m m m m 7 0 O , m < —0 m a m n n m n r• m •Av m y m m a a n m r• n r• n n G G m m •1 ta+ m m a vs vi <n to to v� to n �- W W aD OD OD OD r• m � m p W r• N N N N r• �. F Ma� 000 w 001 OD O• O M J> iA N iA N Ll iA in 'O O r• r• � r• �y �y O W OD 00 ,.A w F F F A F O n v '1 mn 71 •� N in N N Vl y N in N to N m O .. n m m m V 00 QD �•' 00 OD V r �O V N r• m L' F o� O� r• v� vi F m Oo w r• r n m r• a n V O O W V O v F V V N W OD w n m m a 10 �o w F O F 10 o so F a to co - to O W F r w .- r• 30 m n m F N O� F to to ►•• r• .•� r r � n r• to r- O� to O O O r• n ►- O� v r• O 0 0 10 cC cD O m ol a a a o� � N fn N N N N iA N {n in N W w .••� W r ►•• V� r• ►+ W W DO OD r• �••• H.. W V O� �-• O 00 N O N O to W N �O �O N ►•• O � ^ �••• O V V O r• O V O� r• OD Oo O W O� N OD F �O W O •O O� N F F O� W W v v v y • O n m r• In N N N fA N fA N N N m in W W W �••� �••� W �O .O O� aD p r• W w F �••• W r• O .O '•O W V� V1 O� N N �•' V c0 cc I V O O N O O V to V1 N V In •O V V V O O N to VI V r• V1 v v v Oo n 0 x Z z G) C a '+ z� rn fir+ Y n a M b.M zA iO M y tv O IV m h-f a po ca C q EM t, a O 7y M CN r n x z :n Ca M y M C W 1 I 1 I L I SPECIAL ASSESSMENT FUNDS Ll Ll 55 ac a cc m .O C �O I h P C 1 P P 1O %O n V1 P CC a,�O V1 P cc%C a,J aC v CC N O m ao m F Nln C P --Cd —C J n a0 P�'1d P %O 'O P1 nlOm n C d P .t n m:dP .?P1n O Cyr NN v1 n N �01'1 y.t C S C �O v1 T Q 1 v aC a s 1 �O a0 N N N Q uY 1 P I n �n n S � � 1 O �O � ••. -. p �n v �O r N N N N N N tl1 N N N N III II I III III II 51 III �i III II I I I II III 1 rI NvI I I I II I I I III I III V1I NCI dl nC C n O O n n N�'1 V1 I I I k1 I n P R I vl NIy J O N NII NIP NI N to aCCG m NS 1I cc 0 cc0Icc cc r III N N II I� I1 I rl cc ( 1II COIN P PN1 V1 Na¢ N N NNN N o N p G =p r �O �O v1 1 I C rl n I N JI s III y a a o v:P _ n a0 —I P rll _ y rl N y I Cln N ((. �N N N N N N (i O C N v N N 4 P z d _ z 4 4 NIN � P .0 C OCI I 2� IC —Ir d N I or NINI N d z al d Z< c = } v L n Z c n H OI III II I III II QN II NNI K I �O COI O I II I I I I I I I I I I I I y f-1 P N P N n V1 IV V1 I V1 NI III II I CN N JI NII ��IN NI N NI � m N � C a0 y y @ m y m r O v y z W J W C Y W m m [z] y 01 C y C W r •a W y •o 12 U m J a m m O L F ea m u e rA y 7 rnz a w J � y 'O > m •O m y T � ..li � V) W U J Y N y y •� y a > a W t �•+ m .� O m r T T d m m m d m y L m C h7 O m W I m y W ! y y L 9 m P y til C y J m 2 W d T U y Y a 7 U C e � •• W% m y Y L y u •� M 7 M 0-0 C � m r b r m W N L m �+ .•+ m� V •� A C 7 m 7 y y C S y 0 y C > t m m m � m t y r m W c y 0 m 0 0 m a m> 'C c y C y C y k •O y b m m z 7 c)aac a m a m m a m r 1 1 u 1 I I I PROPRIETARY FUND TYPES P, I I u I� I ENTERPRISE FUNDS 56 VILLAGE OF DEERFIELD, ILLINOIS ENTERPRISE FUNDS COMBINING BALANCE SHEET APRIL 30, 1982 Commuter Water Parking Totals Funds Sewerage Refuse Lot 1982 1981 ASSETS ' Current Assets Cash and Investments (Page 87) $177,257 $ 467,429 $ 29,879 $ 26,223 S 700,788 S 371,764 Receivables Accounts 177,042 120,594 86,A42 3A4,47R 31R,337 ' Property Taxes 279,587 279,587 291,052 Interest 11,423 11,423 23,075 Other 10,755 11,789 22,544 107,369 Due from Other Funds (Note 3) 749 749 ' Inventory 40,937 40,937 31,241 $405,991 $ 611,235 $397,057 $ 26,223 $1,440,506 S1,142,839 Restricted Assets Cash and Investments (Page 87) $ 88,708 $ 151,865 - - $ 240,573 S 203,462 Fixed Assets - Net $408,103 $5,421,284 - $600,550 $6,429,937 S6,609,989 $902,802 $6,184,384 $397,057 $626,773 $8,111,016 $7,956,289 LIABILITIES AND FUND EQUITY Current Liabilities Accounts Payable $ 57,520 $ 31,935 $ 57,602 $ 7,864 S 154,921 $ 142,705 Due to Other Funds 969 4,260 5,229 / 3,128 Other 1,238 6,681 7,919 1,149 $ 58,489 S 37,433 $ 57,602 $ 14,545 $ 168,069 $ 146,982 Long -Term Liabilities Bonds Payable 275,000 275,000 305,000 Total Liabilities $333,489 $ 37,433 S 57,602 $ 14,545 $ 443,069 S 451,982 Fund Equity Contributed Capital - $5,616,761 - S626,240 S6,243,001 S6,191,927 Retained Earnings Reserved $ 88,708 $ 151,865 $ 240,573 S 203,462 Unreserved (Page 57) 480,605 378,325 $339,455 S0 4,012) 1,184,373 1,108,918 Total Retained Earnings $569,313 $ 530,190 $339,455 $(14,012) S1,424,946 $1,312,390 Total Fund Equity $569,313 $6,146,951 $339,455 9612,228 $7,667,947 S7,504,307 $902,802 $6,184,384 $397,057 $626,773 $8,111,016 $7,956,289 See accompanying Notes to the Financial Statements. 57 J.t 0%D? r-c n0JT M000, O, O+ N ••. NO MC, 40 ,D ADO O q ,C u',J nM,OJ 'D J V-, w JO-+N CO %D V1 JO %Dn N 10 np C, q O. O, qO, 0 w w JJO NO O n M —0 qN J J O,O J C, rn g C n q O• M 4O 1n O O• O O, a0 DD N O 1 1 O CO J M N n O O 11 a0 Q` C %C •-+ N N kn N J N J W O ^•'•) J DD N •--i O, O, ••+ n D M N n J O N v N v M N V> N V> V} H N VY N m ., cc 61 O a• o,n %C -,M Mr, NJ0C, 10 M J n O+O-, q npOOn O, q •r MJ M %CNC nu•,J -+n MM O, u1 J JOv1 O, 00040N N .r ,DJ n n C,D J••,JO��O CnO, N ,D T nON ••+ OpnOCO lD P -• On M N q N O W n N %C n J Cl V1 N -. CO C in ,D C, N .. Ln O CO q ,D O J CD n N C, J rMM-,C en 4 ., N .,J O C, vp q -a,i nq •N-�d en 1D C+ v N N v v~ N ^N,N , N V) V? VT VT N V> VY Vt V} V} N N VY N ►+ CN O, On , u1 O O 1n ,p M n N 41 OC N N N M M co u1 M O O �D ,D 10 �D -� J 7 •.a O 1 O O %O J O J O O O M M d u1 V1 ••-� M M N v � v~ v v v v U 0. N V} V), VY N H N (? 1W V? VT Vt V) J �+'+ .? O O, M 40 W C, O, C, C p O O ••, J )n J M n J O �D ••+ M M J J aD -+ O J u1 10 O+ C, v1 �J CO O Ln M O, 1 C, q %D Go Go M J N 'D — cou1 InV1 O, -� V1 q CD M 0 J 10 v v N N M N N M CC N N VT (? N N VT N VT V} N V} VT V} V} 4) g p M r ,D J N M 'D O N -, CO n n a0 q .. )n CC Ln J -� �, n C, O, n -� n N M N N V% u') ,D )n Un Cl N m N .•, P -. n cc C n N O, .-• O O •••� -+ C O C w w N C lC n Na; w C, O N J J •-+ n I n N N u1 O, 1l -+ M CO Z M N M M M n n J q n 10 n O O q GoN M v O n )n C M )n -� v N en vy v v (? M ur yr yr vY yr u.,u} In, vs yr C J J M ••, �O n 0 M CO M M M n ,D D, N In J n CO O J ,D q M O O O O O w C- M J D D M N J aD u1 � C to M •� ws n O, J N M M O O M .-, �, �p �O co 3cc co J ~ H yr v fn � H Q., V). yr in yr yr V, Q). C 0 m ►>. c m OD O0 fA 8 m •+ w m u 4) Ci •.ui U C W..4 '+ m> m w m co47 D. > 4f ° cmcu w4m a o cc En W > w o or o c..r u c dw o-+ V O C •.a :/ 0)k m •.a u ., 47 w a 4+ CC u w C W w u C u u 7 w 4) U 7 47 u 7 m C u u> CO m m •^+ 7 En CO m p C qq�1 7 u O u w CO •.� 00 •.� .•� v w 4) •.1 C w u u w u m m C U .a ••a 41 41 w C C F m w 8 m •.+ 4) C C u .0 w V P. N 0 u z w C •'m m w O O C u V W P. V O Z d A Y F U U .•� O 0 0 m d v w 7 O y CO C C O O C u C 4) u + 0 o a N 4) u w w C w w "e ar w m m F a° v .3 v em4 m w N CI N u o Ofi 0) ai N N 9 fA CC O 40 w O C ., C W u r a+ aJ 41 •.r u w w m a m 0 4) w U w w w Go o a o c m a! w w A E F e a 0 O C > V 4) u c a w k E. 0. C C W Ecc + W W u ..•1 ♦J >> 4) j m u m N >+ m L m m 4 N c 4wi awr o 0 j O O C w M C .+ C .4 04 O, 04 Z Z C 7 m 0. u C u 7 C O C! y u E a v a C 6 � m O u d:;cc a u o a .w+ a 4) w m•+ w 7 m O 1 u s W sw _.a u pco>•m+ w ►. O m 1 W W •..4 •r1 m goo CO a - a I 0 F o voa p� m @ W C w w n •° awi a O •C w C w C C C W O O m u ami .4 F Ow. z a� 58 aNcn-+e�-•� - u-,0cJc - Ln � N �C eT enN Nen CnOO en— ZO %C N ...,aaeT aJCOi N c N a IeS N N en en ^. en n o• C C enen N en .r ^+ J J J eT %0 en enN •••� J en enfA N K a) K m .+ t0 �J O F C J N J J _ a0 O �^ ^ N 111a P1n'n e+1N Ca e>C Ooc N K lO N C C J n a^ J N r r+ .-•� en en y O N K Ic Ye• L^ N � N �.• en � e e1 "I a*-, K) r J -. N en N K K K K K N 6' C �C en a a+ n en en er. C a N o Y► r ao o c c o- r Ln Ln %C to — en r n J N a IN (� N K K N y iN cc P a I a m J J a et C C N a h J J e': N U1 1!` .. en n J N Q ce K �K N K fA d N V: ►+ a N U C c z _ Zw o' a eT en �C C �• �• p'. u-•. J ..7 r+ O O[ K> t+: 10 en •• J C eT J J eT G z .•a O ~ J Ic I rn C. cr N K to eA 'AN K I tr r_ IU. Y d fs: C 2 A fa 0. A V z N en r- en C r O C r N In e� R �C �IJ C C rn to �•' --:rr O a, �C U. O w Na Cc O en ONen J J eT O ien w F wu C n en eT O J en a, Ic e„ m z >• e0 .3 ^+ en J en +K en N 10 a n ID 04 d w (i7 K K K K K N fi S 3 - � F F d v o c� z C H en � z W O U u C w v o t0 +� w u a w w a m w w m a A w ' I •.i C m !f C w C etl O m + u m CD .3 d G k O •+ u w •.+ .� m C •.+ C cc m ^-' e0 u w •� t w w •+ m - a w m m T m w �+ w .7 d ►+ 4 m ep m O Cw.) 7 0 7 u u O C d +w+ yC 'C7 O C C C F �+ I+ ►� 0. w O u omoa www wuucoaCu w > w c u u m w m m C o m r.aoeed ede0en 'wwweaw a .+ o •� r+ om w w w m m 6 m w en m u $+ 1+ w m 0+ e0 0 Ew Ir 'C e0 e0 u •p u u u e0 w w w X u •-+ 3 L. w o e c w 3 Lw w w •.+ u c e0 m wzd .4NA u ua u W .4 T $4 mo cmcCiaa°. ., mx a e0 e0 w e0 U V z 0 VILLAGE OF DEERFIELD, ILLINOIS WATER FUND BALANCE SHEET APRIL 30, 1982 ASSETS Current Assets Cash and Investments (Page 87) Accounts Receivable Billed Estimated Billing Inventory Other Restricted Assets Cash and Investments -(Page 87) Fixed Assets (Page 63) Water System Equipment Less Accumulated Depreciation LIABILITIES AND FUND EQUITY Current Liabilities Accounts Payable Due to Other Funds (Note 3) Long -Term Debt Bonds Payable Fund Equity Retained Earnings Unreserved (Page 60) Reserved See accompanying Notes to the Financial Statements. 1982 1981 $ 177,257 $ 87,764 45,379 62,711 131,663 124,278 40,937 31,241 10,755 1,167 $ 405,991 $ 307,161 $ 88,708 $ 88,708 $ 711,904 $ 711,904 116,235 96,705 $ 828,139 $ 808,609 (420,036) (393;851) $ 408,103 $ 414,758 $ 902,802 $ 810,627 $ 57,520 $ 51,858 969 658 $ 58,489 $ 52,516 $ 275,000 $ 305,000 $ 480,605 $ 364,403 88,708 88,708 $ 569,313 $ 453,111 $ 902,802 $ 810,627 1 60 ' VILLAGE OF DEERFIELD, ILLINOIS WATER FUND STATEMENT OF REVENUES, EXPENSES AND CHANGES IN RETAINED EARNINGS - UNRESERVED - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 1982 1981 ' Budget Actual Actual Operating Revenues Sale of Water $960,000 $832,670 $ 868,616 ' Permits and Fees 10,000 9,164 5,783 Penalties 11,000 11,394 11,494 Miscellaneous 500 423 941 $981,500 $853,651 $ 886,834 Operating Expenses Excluding Depreciation Depreciation (Page 61) Administration and Supervision $ 69,801 $ 74,646 $ 67,072 Distribution 563,403 499,177 548,840 Maintenance - Mains and Fire Hydrants 153,553 100,679 102,787 Maintenance - Meters 42,702 47,701 42,085 $829,459 $722,203 $ 760,784 Net Operating Income Before Depreciation $152,041 $131,448 $ 126,050 Depreciation - 30,865 22,274 Net Operating Income $152,041 $100,583 $ 103,776 1 � Nonoperating Revenue (Expenses) Interest Earned $ 15,000 $ 31,619 $ 20,687 ' Interest Expense on Revenue Bonds (16,000) (14,863) $ 15,000 $ 15,619 $ 5,824 Net Income $167,041 $116,202 $ 109,600 Retained Earnings - Unreserved $364,403 $ 274,803 May 1 Transfer To Illinois Municipal (20,000) ' Retirement Fund $364,403 $ 254,803 April 30 (Page 59) $480,605 $ 364,403 I See accompanying Notes to the Financial Statements. 61 VILLAGE OF DEERFIELD, ILLINOIS WATER FTTWn STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Administration and Supervisory Salaries Employee Benefits Professional Services Travel, Training and Dues Printing and Advertising Communications Insurance Motor Vehicle Maintenance Miscellaneous Supplies Motor Vehicle Supplies Occupancy Apparel Bond Principal Bond Interest Total Administration and Supervisory Less Debt Service Payments Distribution Salaries Overtime Employee Benefits Professional Services Communications Contractual Services Utility Serices Motor Vehicle Maintenance Repairs and Maintenance Miscellaneous Purchase of Water Supplies Motor Vehicle Supplies Chlorine Materials Main and Fire Hydrant Maintenance Salaries Overtime Part -Time Employee Benefits Communications Budget Actual $ 37,656 $ 43,715 1,600 2,246 200 125 300 256 700 1,316 1,000 1,017 15,000 10,400 1,200 1,333 300 604 500 581 600 2,047 10,000 10,000 745 1,006 30,000 30,000 16,000 16,000 $115-,801 $120,646 46,000 46,000 $ 69,801 $ 74,646 $ 7,178 $ 6,803 760 1,503 400 435 1,300 876 800 121 8,600 4,583 36,165 34,303 1,200 1,975 3,000 985 1,300 556 500,000 444,253 500 1,076 600 62 400 139 1,200 1,507 $563,403 $499,177 $ 42,081 $ 33,232 9,440 11,386 3,432 3,255 2,700 1,766 100 62 ' VILLAGE OF DEERFIELD, ILLINOIS *.IA TL'n VTTILM ' STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 Budget Actual ' Main and Fire Hydrant Maintenance (Cont.) Contractual Services $ 9,100 $ 19,853 Motor Vehicle Maintenance 3,000 4,994 Repairs and Maintenance 8,000 281 Equipment Rental 1,000 536 Miscellaneous 400 415 Motor Vehicle Supplies 1,800 3,132 ' Small Tools and Equipment 300 245 Aggregates 6,000 7,682 Materials 16,200 13,902 ' Equipment 10,020 3,954 Motor Vehicles 18,000 10,606 Improvements - Not Buildings 50,000 Total Main and Fire Hydrant Maintenance $181,573 $11.5,239 Less Amount Capitalized 28,020 14,560 $153,553 $100,679 ' Meter Maintenance Salaries $ 27,065 $ 22,438 ' Overtime Part -Time 597 640 1,431 618 Employee Benefits 1,800 1,228 Professional 1,500 119 ' Travel, Training and Dues 300 Printing and Advertising 1,000 Communications 100 Contractual 1,500 142 ' Motor Vehicle Maintenance 2,000 1,988 Repairs and Maintenance 1,400 226 ' Miscellaneous Supplies 300 300 1,575 Motor Vehicle Supplies 900 1,763 Materials 3,000 1,535 Small Tools and Equipment 300 135 Equipment 15,000 14,503 Motor Vehicles 10,000 9,650 Total Meter Maintenance $ 67,702 $ 57,351 ' Less Amount Capitalized 25,000 9,650 $ 42,702 $ 47,701 ' Total Water Fund $829,459 $722,203 0 63 VILLAGE OF DEERFIELD, ILLINOIS STATEMENT OF FIRED ASSETS AND DEPRECIATION FOR THE YEAR ENDED APRIL 30, 1982 FIRED ASSETS Balance - May 1, 1981 Additions Retirements Balance - April 30, 1982 ACCUMULATED DEPRECIATION Balance - May 1, 1981 Provisions Retirements Balance - April 30, 1982 Water System Equipment Total $711,904 $ 96,705 $808,609 26,530 26,530 7,000 7,000 $711,904 $116,235 $828,139 $369,123 $ 24,728 $393,851 17,274 13,591 30,865 4,680 4,680 $386,397 $ 33,639 $420,036 Net Asset Value $325,507 $ 82,596 $408,103 64 VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND BALANCE SHEET APRIL 30. 1982 1982 1981 ASSETS Current Assets Cash and Investments (Page 87) $ 467,429 $ 370,591 Accounts Receivable Billed 26,957 41,509 Unbilled 93,637 89,839 Interest Receivable 11,423 23,075 Other Receivables 11,789 $ 611,235 $ 525,014 Restricted Assets Cash and Investments (Page 87) $ 151,865 $ 114,754 Fixed Assets (Page 69) Sewer System $5,742,761 $5,742,761 Equipment 119,060 135,691 $5,861,821 $5,878,452 Less Accumulated Depreciation (440,537) (314,422) $5,421,284 $5,564,030 9A IRA ARA to Inz 102 LIABILITIES AND FUND EQUITY Current Liabilities Accounts Payable $ 31,935 $ 29,353 Due to Other Funds 4,260 2,426 Other Liabilities 1,238 1,149 $ 37,433 $ . 32,928 Fund Equity Contributed Capital (Page 66) $5,616,761 $5,616,761 Retained Earnings Unreserved (Page 65) $ 378,325 $ 439,355 Reserved (Page 66) 151,865 114,754 $ 530,190 $ 554,109 QG 194 IDA QL 0n9 Teo See accompanying Notes to the Financial Statements. 65 VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN RETAINED EARNINGS - UNRESERVED - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Operating Revenues Sewer Charges Permits and Fees Penalties Construction Surcharges Sara Lee Surcharges Miscellaneous Revenue 1982 1981 Budget Actual Actual $ 550,000 $ 532,258 $ 521,987 20,140 7,090 6,500 6,913 7,446 25,000 37,111 20,976 32,776 27,139 3,000 8,894 13,228 $ 584,500 $ 638,092 $ 597,866 Operating Expenses Excluding Depreciation (Page 68) Administration and Supervision $ 78,537 $ 79,773 $ 55,995 Cleaning and Maintenance 79,896 70,216 65,069 Treatment Plant 398,969 342,970 341,121 Construction Department 95,177 81,122 80,488 Net Operating Income Before Depreciation Depreciation Net Operating Income (Loss) Add Nonoperating Revenues Interest Earned Net (Loss) Retained Earnings - Unreserved May 1 Intrafund Transfers from Retained Earnings - Reserved - Restricted Accounts Transfer to Illinois Municipal Retirement Fund Prior Period Adjustment April 30 (Page 64) $ 652,579 $ 574,081 $ 542,673 $ (68,079) $ 64,011 $ 55,193 171,138 171,676 $ (68,079) $007,127) $016,483) 45,000 82,058 69,455 $ (23,079) $ (25,069) $ (47,028) See accompanying Notes to the Financial Statements. $ 439,355 $ 547,359 (37,111) (20,976) (40,000) 1,150 $ 403,394 $ 486,383 $ 378,325 $ 439,355 66 11 1 F 1 1 1 1 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND STATEMENT OF CHANGES IN CONTRIBUTIONS, RETAINED EARNINGS - RESERVED AND CONTRIBUTED CAPITAL FOR THE YEAR ENDED APRIL 30, 1982 Retained Earnings Contributed Reserved 'Captial Increases Transfer of Construction Surcharge $ 37,111 Construction $ 37,111 - Decreases - - Net Increase $ 37,111 - Account Balance May 1, 1981 114,754 $5,616,761 April 30, 1982 (Page 64) $ 151,865 $5,616,761 See accompanying Notes to the Financial Statements. 67 VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Administration and Supervisory Salaries Overtime Employee Benefits Professional Services Travel, Training and Dues Printing and Advertising Communications Insurance Motor Vehicle Maintenance Repairs and Maintenance Miscellaneous Supplies Motor Vehicle Supplies Occupancy Apparel Treatment Plant Salaries Overtime Part -Time Employee Benefits Professional Services Travel, Training and Dues Printing and Advertising Communications Insurance Contractual Services Utility Services Motor Vehicle Maintenance Repairs and Maintenance Equipment Rental Supplies Motor Vehicle Supplies Chlorine Aggregates Materials Street Signs Small Tools and Equipment Apparel Miscellaneous Equipment Motor Vehicles Depreciation Total Treatment Plant Less Equipment Capitalized Budget Actual $ 37,654 $ 43,470 588 1,600 2,263 200 200 98 100 487 1,000 1,217 23,000 19,346 900 641 500 227 700 507 400 327 6.50 10,000 10,000 1,045 1,190 $ 78,537; $ 79,773 $174,651 $158,280 5,886 6,775 3,432 3,432 10,200 8,335 2,500 900 900 1,134 1,000 2,500 374 3,000 1,263 89,100 113,983 3,000 3,327 23,600 17,509 1,000 50 4,000 7,319 1,500 4,453 5,500 5,511 3,000 1,574 4,000 5,369 300 309 500 682 1,400 1,142 4,000 565 6,300 3,909 9,000 10,606 54,000 $414,269 $356,801 15,300 13,831 $398,969 $342,970 M VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Cleaning and Maintenance Salaries $ 36,448 $ 34,395 Overtime 3,532 2,590 Part -Time 1,716 2,229 Employee Benefits 2,400 1,787 Contractual Services 8,000 3,594 Motor Vehicle Maintenance 4,000 3,813 Repairs and Maintenance 5,000 4,849 Equipment Rental 1,000 Miscellaneous 2,000 280 Supplies 8,000 5,851 Motor Vehicle Supplies 1,500 1,378 Aggregates 1,000 1,834 Materials 5,000 5,408 Motor Vehicles 9,000 10,606 Equipment 3,500 1,091 Small Tools and Equipment 300 1,117 Total Cleaning and Maintenance $ 92,396 $ 80,822 Less Equipment Capitalized 12,500 10,606 $ 79,896 $ 70,216 Constuction Salaries $ 56,428 $ 49,485 Overtime 1,177 758 Part -Time 572 572 Employee Benefits 3,600 2,743 Contractual Services 5,000 1,648 Motor Vehicle Maintenance 5,500 5,519 Repairs and Maintenance 5,000 1,137 Equipment Rental 1,000 Supplies 1,000 292 Motor Vehicle Supplies 1,700 3,035 Aggregates 4,000 5,229 Materials 10,000 9,961 Equipment 10,020 4,469 Small Tools and Equipment 200 228 Total Construction $105,197 $ 85,076 Less Equipment Capitalized 10,020 3,954 $ 95,177 $ 81,122 Total Sewerage System Fund $652,579 $574,081 69 VILLAGE OF DEERFIELD, ILLINOIS SEWERAGE SYSTEM FUND STATEMENT OF FIXED ASSETS AND DEPRECIATION FOR THE YEAR ENDED APRIL 30, 1982 FIXED ASSETS Balance - May 1, 1981 Additions Deletions Balance - April 30, 1982 ACCUMULATED DEPRECIATION Balance - May 1, 1981 Provisions Retirements Balance - April 30, 1982 Net Asset Value 0 Sewer System and Plant Equipment Total $5,742,761 $135,691 $5,878,452 30,435 30,435 47,066 47,066 $5,742,761 $119,060 $5,861,821 $ 262,194 $ 52,228 $ 314,422 160,194 10,943 171,137 45,022 45,022 $ 422,388 $ 18,149 $ 440,537 $5,320,373 $100,911 $5,421,284 See Accompanying Notes to the Financial Statements. VILLAGE OF DEERFIELD, ILLINOIS BALANCE SHEET APRIL 30, 1982 ASSETS Current Assets Cash and Investments (Page 87) Accounts Receivable Billed i Unbilled Property Taxes Receivable Due from Other Funds (Note 3) LIABILITIES AND FUND EQUITY Current Liabilities Account Payable Fund Equity Retained Earnings (Page 71) See accompanying Notes to the Financial Statements. 1982 1981 $ 29,879 $(41,209) 20,802 27,065 66,040 61,880 279,587 291,052 749 $397,057 $338,788 $ 57,602 $ 53,794 339,455 $397,057 284,994 $338,788 70 71 VILLAGE OF DEERFIELD, ILLINOIS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN RETAINED EARNINGS - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 1982 1981 Budget Actual Actual Operating Revenues Refuse Billing $ 410,000 $ 417,641 $ 315,561 Miscellaneous 4,100 6,734 4,698 $ 414,100 $ 424,375 $ 320,259 Operating Expenses Contractual Services $ 690,000 $ 668,044 $ 609,440 Intergovernmental Billing 10,000 10,000 10,000 Other 7,000 5,769 9,219 $ 707,000 $ 683,813 $ 628,659 Net Operating (Loss) before Operating Transfer $(292,900) $(259,438) $(308,400) Other Financing Sources Transfer from Sewerage Treatment Facilities - 749 - $(292,900) $(258,689) $(308,400) Add Nonoperating Revenues Interest Earned $ 2,500 $ 6,410 Property Tax Levy 298,000 298,000 $ 298,000 Prior Year's Taxes 8,740 $ 300,500 $ 313,150 $ 298,000 Net Income (Loss) $ 7,600 $ 54,461 $ (10,400) Retained Earnings May 1, 284,994 295,394 April 30, (Page 70) $ 339,455 $ 284,994 See accompanying Notes to the Financial Statements. VILLAGE OF DEERFIELD, ILLINOIS COMMUTER PARKING LOT BALANCE SHEET APRIL 30, 1981 1982 1981 ASSETS Current Assets Cash and Investments (Page 87) $ 26,223 $(45,382) Due from Illinois Department of Transportation 17,257 $ 26,223 $(28,125) Fixed Assets (Page 76) Land $ 77,500 $ 77,500 Parking Lots 613,028 613,028 Less Allowance for Depreciation (89,978) (59,327) $600,550 $631,201 $626,773 $603,076 LIABILITIES AND FUND EQUITY Current Liabilities Accounts Payable $ 7,864 $ 7,700 Other Liabilities 6,681 44 $ 14,545 $ 7,744 Fund Equity Contributed Capital $626,240 $575,166 Retained Earnings (Page 73) (14,012) 20,166 Total Fund Equity $612,228 $595,332 $626,773 $603,076 See accompanying Notes to the Financial Statements. 72 73 VILLAGE OF DEERFIELD, ILLINOIS STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN RETAINED EARNINGS - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Operating Revenues Revenue Operating Expenses Excluding Depreciation (Page 75) Net Operating Income Before Depreciation Depreciation Net Operating Income before Transfer Transfer to Street Fund Net Operating Income (Loss) Retained Earnings May 1 Prior Period Adjustment April 30 (Page 72) 1982 1981 Budget Actual Actual $ 50,000 $ 51,525 $ 54,981 22,750 $ 16,839 15,913 $ 27,250 $ 34,686 $ 39,068 30,651 28,812 $ 27,250 $ 4,035 $ 10,256 - (15,000) (10,000) $ 27,250 $0 0,965) $ 256 See accompanying Notes to the Financial Statements. $ 20,166 $ 19,910 (23,213) $ 3,047) $ 19,910 $04,012) $ 20,166 74 VILLAGE OF DEERFIELD, ILLINOIS COMMUTER PARKING LOT STATEMENT OF CHANGES IN CONTRIBUTED CAPITAL FOR THE YEAR ENDED APRIL 30, 1982 Increase Grants Decrease Net Increase Account Balance May 1, 1981 April 30, 1982 (Page 72) See accompanying Notes to the Financial Statements. Contributed Capital $ 51,074 $ 51,074 575,166 $626,240 75 VILLAGE OF DEERFIELD, ILLINOIS COMMUTER PARKING LOT STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30. 1982 Budget Actual Parking Lots - Village and Federal Funds Salaries $ 2,000 $ 2,498 Benefits 200 18 Insurance 200 129 Utility Services 1,650 3,416 Repairs and Maintenance 1,700 22 Supplies 400 Aggregates 600 75 Equipment 250 Property Rentals 7,500 7,440 $14,500 $13,598 Parking Lot - Village Construction Salaries $ 2,000 $ 2,517 Benefits 200 22 Insurance 200 142 Utility Services 1,650 560 Repairs and Maintenance 2,500 Supplies 400 Aggregates 500 Materials 700 Equipment 100 $ 8,250 $ 3,241 $22,750 $16,839 0 76 VILLAGE OF DEERFIELD, ILLINOIS COMMUTER PARKING LOT STATEMENT OF FIRED ASSETS, DEPRECIATION FOR THE YEAR ENDED APRIL 30, 1982 FIRED ASSETS Balance - May 1, 1981 Additions Balance - April 30, 1982 ACCUMULATED DEPRECIATION Balance - May 1, 1981 Additions Balance - April 30, 1982 Net Asset Value Parking Land Lot Total $77,500 $613,028 - $690,528 $77,500 $613,028 $690,528 - $ 59,327 $ 59,327 - 30,651 30,651 $ 89,978 $ 89,978 $77,500 $523,050 $600,550 P, INTERNAL SERVICE FUNDS J i t I i I 1 1 1 1 1 1 1 1 I 1 t 1 1 t 1 1 VILLAGE OF DEERFIELD, ILLINOIS GARAGE FUND BALANCE SHEET APRIL 30. 1982 1982 1981 ASSETS Cash and Investments (Page 87) $(53,828) $(46,574) Due from Other Funds (Note 3) 16,262 9,364 Inventory 21,797 21,662 $05,769) $05,548) LIABILITIES AND RETAINED EARNINGS Liabilities Accounts Payable $ 5,637 $ 4,492 Accrued Payroll 282 2,516 $ 5,919 $ 7,008 Retained Earnings $(21,688) (22,556) $05,769) $05,548) STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN RETAINED EARNINGS - BUDGET AND ACTUAL . FOR THE YEAR ENDED APRIL 30, 1982 Revenues Billings to Other Funds Expenses Net Income (Loss) Retained Earnings May 1 Prior Period Adjustment April 30 1982 1981 Budget Actual Actual $127,100 $120,071 $113,960 118,435 120,274 117,005 $ 8,665 $ (203) $ (3,045) $(22,557) $0 9,512) 1,072 $ 21,485) $ 19,512) $(21,688) $(22,557) See accompanying Notes to the Financial Statements. 77 78 VILLAGE OF DEERFIELD, ILLINOIS GARAGE FUND STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YEAR ENDED APRIL 30, 1982 Cash Was Provided By Increase in Accounts Payable $ 1,072 Cash Was Used To Fund Operating Loss $ 203 Increase Current Assets 7,034 Decrease Current Liabilities 1,089 $ 8,326 Net (Decrease) $ (7,254) Cash Balance May 1, 1981 (46,574) April 30, 1982 $(53,828) li See accompanying Notes to the Financial Statements. 79 VILLAGE OF DEERFIELD, ILLINOIS STATEMENT OF EXPENSES - BUDGET AND ACTUAL FOR THE YEAR ENDED APRIL 30, 1982 Budget Actual Public Works Department Salaries $ 45,383 $ 45,954 Overtime 3,472 3,357 Employee Benefits 2,400 2,425 Professional Services 50 Travel, Training and Dues 200 66 Printing and Advertising 250 297 Insurance 3,000 1,590 Miscellaneous 200 249 Utility Services 2,000 1,016 Repairs and Maintenance 5,000 535 Supplies 42,000 51,398 Petroleum Products 542 Motor Vehicle Supplies 800 Materials 500 691 Small Tools and Equipment 1,000 1,129 Apparel 330 433 Equipment 5,350 4,068 Motor Vehicles 6,500 6,448 Communications 76 Total Garage Fund $118,435 $120,274 FIDUCIARY FUND TYPES 1 I TRUST AND AGENCY FUNDS I m 1n F-1 0 14 to w 04 P4 z x 14 0 1n 4 w 00 A D+ 0 m w z .� 10'1 w A N w off �� a 0 1--I M V1 V1 O 00 N ON N N M ON N t'1 M O M n --I ON 1\ N N N %D ON % % N n C 00 '* M 00 OC LM O 1\ M V1 O N 1: N O - N O� N V1 %D .-� V1 N Vf V} V} V} m .4 01 Aj O H .+ V1 %D i M 00 N M M O M 00 N N n %D %D %D ON 00 n �T 00 C f O N M ODD M O N N M cq N O� co ON %D - N N .Y V} V} V} V} VT </} �1 O, O� n N CN ON �,•.� %D �D O %D %D %D U O) V1 V1 N M V1 V1 CO ^ ^ I ^ N CL M M •-a N M M V} Vf 00 N N 00 00 00 C d C7 n 00 O t- M M CO) O L u O ^ •.-I M •.a %D 14 O N M M M H O Ir n (7N WHw m a a v} v} v} yr °a 1c E a •+ ^-� M U co Ll 04 N N �D %D N N 1-1 1C co l •- w O O —� —+ 4) I V: cs E-1 •-+ yr v} yr v> yr x —4 A •,4 c w to �• d 00 U M N d a z v to %� o) 1U m W m y a1 �; ° e a a z °A` H U) w n w -4 o0 ccn w k H Z H ,o •� d a � > F+ x a s •4 v C m ++ to m a� 1a u w 1-4 c, to �, -w o w v m 0 C a 'C •v .0 a $4 N H a+ -k O 10 -4 O c to O 0) H H 1-I •..1 O to +J " c U N> 0 0. (L) 41 H a •-+ 0 0 O K1 U •,4 t) O a.1 ,C W r-1 -4 V CL 0) E+ co .0 w U H C L pq .0 u d 7 'O A m Udw1-1O W 1-4 •CodA U LL' A ►a .4 pc4 CA 81 VILLAGE OF DEERFIELD, ILLINOIS DIAL -A -RIDE FUND BALANCE SHEET APRIL 30, 1982 1982 1981 ASSETS Cash and Investments (Page 87) $ 4,124 $ (2,545) Accounts Receivable 9,735 Due from Other Funds (Note 3) 10,711 $ 4,124 $ 17,901 LIABILITIES Accounts Payable $ 2,061 $ 17,879 Due to Other Funds (Note 3) 2,063 22 $ 4,124 $ 17,901 STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE FOR THE YEAR ENDED APRIL 30, 1982 1981 Revenues RTA Funding $ 8,390 $ 85,268 Village Contribution 16,307 22,408 Fares 2,683 11,976 $27,380 $119,652 Expenditures Payments to Nortran $18,213 $ 91,836 Payments to Village 9,167 27,816 $27,380 $119,652 Excess of Revenues over Expenditures Fund Balance May 1 - - April 30 - - See accompanying Notes to the Financial Statements. J 82 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS POLICE PENSION FUND BALANCE SHEET APRIL 30, 1982 1982 1981 ASSETS Cash and Investments (Page 87) $1,756,788 $1,495,856 Receivables Property Taxes 93,825 117,205 Other 2,741 5,078 Accrued Interest 60,026 43,730 $1,913,380 $1,661,869 FUND BALANCE Fund Balance $1.913.380 91.661.869 STATEMENT OF REVENUES', EXPENSES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL FOR YEAR ENDED APRIL 30, 1982 Operating Revenues Payroll Deductions Property Taxes - 1981 Prior Year Tax Collections Replacement Tax Interest Income Loss on Sale of Investments Operating Expenses Pension Payments Prior Year Tax Expense Filing Fee Excess of Revenues over Expenditures Fund Balance May 1 April 30 1982 1981 Budget Actual Actual $ 72,000 $ 60,228 $ 61,861 100,000 100,000 120,000 3,408 8,000 5,850 5,829 107,000 165,442 109,761 (53,684) $287,000 $ 281,244 $ 297,451 $ 30,000 250 $ 30,250 $256,750 See accompanying Notes to the Financial Statements. $ 29,733 $ 29,733 $ 251,511 1,661,869 et oil q0A $ 25,992 1,292 25 $ 27,309 $ 270,142 1,391,727 $1,661,869 83 VILLAGE OF DEERFIELD, ILLINOIS POLICE PENSION FUND STATEMENT OF CHANGES IN FINANCIAL POSITION FOR THE YEAR ENDED APRIL 30, 1982 Cash Was Provided By Operations Net Income Decrease in Current Assets Net Increase Cash and Investments May 1, 1981 April 30, 1982 $ 251,511 9,421 $ 260,932 1,495,856 $1,756,788 VILLAGE OF DEERFIELD, ILLINOIS DEPOSIT FUND STATEMENT OF CHANGES IN ASSETS AND LIABILITIES FOR THE YEAR ENDED APRIL 30. 1982 Balances May 1, 1981 ASSETS Cash and Investments (Page 87) $32,422 Deposits Payable Accounts Payable $32,422 $32,422 See accompanying Notes to the Financial Statements. 84 Balances Net Change April 30, 1982 $ (8,853) $23,569 $0 0,060) $22,362' 1,207 1,207 $ (8,853) $23,569 ACCOUNT GROUPS 1 it F� i] I GENERAL FIXED ASSETS li F I I 85 VILLAGE OF DEERFIELD, ILLINOIS GENERAL FIXED ASSETS ACCOUNT GROUP STATEMENT OF GENERAL FIXED ASSETS APRIL 30, 1982 GENERAL FIXED ASSETS L and Buildings and Improvements Vehicles Equipment Office Furniture and Equipment INVESTMENT IN GENERAL FIXED ASSETS General Revenues See accompanying Notes to the Financial Statements. $1,659,545 1,237,500 351,680 429,085 214,867 $3,892,677 $3,892,677 f! I GENERAL LONG-TERM DEBT I I I t i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 t 1 a 0 H z H az w 04 0 H cc P O Do wr�a ,ar, H w 44 AC; W OC z ra ILI O U' 41 W O O a z a z "A w z � O W 00 0 o coo 0 O ao 0 0 00 00 cc 00 0 00 �; �; 0 Aj 011 %D o 1-4 It N N N N O� O CD O u •� M %D O O O •r4 44 ON 00 OC 00 00 ,-4 0) 0 4) N en M M a oa v> yr yr vs ON d O a) tJ O u - .4 8 rn o o c o �4 -4 —4 JJ Lr V1 Lr V1 co A4 •�O O M CV) en M C N 0 '1 -.+ O O O Ai Cl) %O O O O 0 0 0 0 �•4 • 1.4 Lr Lr .`oa aa0 .Lr)D � N N ^+ O� O O O G +•i O O o CO N -4 w 0) 6,4 0 O O O O $ 0 U O - M M M d 0 W t/] H [24 0 co c(L) 10 .°D m o 0 0 H > C 3 w a0a In o 0 0 tin 8 yr � F-1 vas v^r v^r Ai ►7 N rl 6 A F-4 zw g to cwa L 14 co a ca A 0 4-4 04 04 E EwLa A •0 H OHG aD — M 0.d w W Ai A D14 w . r A cc c0 adz w . w Z w a O .a -4 � U '4J 01 > 0. C7 -4 w �G4 mow � v 0 cc 0 C u Oi "a v zww ° O•. co 6oa oAi N 7 W •0 ate1 -4 a o 6 to o w o w o 0 0 c as 1-4 a a.+ a a, a� co L cu U C co C .1 N i L.I 0 01 O z 00 0 0 of 8 0 v v d cu W 1 SUPPLEMENTARY DATA 1 I 11 L' I F 87 N nPf 1'1 �cNrO�O OD P NNO pPnn1'1 O NNPN•D d �c N V Im C'■ n dODd NOpm -•Zn Pr rnd0 P V1 v1 nd O0DN n r1 Nd �'1 •OP rd c OHO �'•1 O•D P1 N dA! NP1N N OD d•�n 4C4 a Y T P r N n n N n N n� N Ccr ns+t4 r rA1n n r a,'O n N Y1 N d P N p vp, �n n rrA1 a< P 00 .O .O r" r N n00dd r,QvvN V 1 n d v P My d N N P N Y r r d r> ■ C H H H H H H H H H O 1••S c ■ n n n rNr 0Nfn cc f4lnl Nw�P •-.dm�NOd n•QOnNeOP O•�m fm cc � PM dDN' ]—I en H,N Nry�N NOO�O O N r r NpPA �p O,n NCO PI OD N OD 0D Pd-• m �ONm ^ vlyd —11 O 0[ i00 n .cOd�0N V10NnP N'OP n.Q'0 n �• ,PNODN NPO IOrd of �O P1d N ■ P P r 0 00 d n y "^ O N N •••� V 1 �O r1 P1 �O N N � r � N P1 P. P1 r .^• r d N �D P v . . H H H H H H H r r N H O O c O c p 0 OO O O a C a O p P p m 41 O C O O r O O O O C O G G a G Y N n C OOn V1 N M N O cc O O O CC V P P N o n n N n N y oP N 01 v+c N �O 00 0p d n d n o CC c O NN P P n.ONI- NII P Y F• Z HI HIHIV O C _ O a V1 N •O •pVje U H H v W n n Y O N OD OD ■ Z it W N N all L I H IH Y p 0. d � r �D COI YI V1 V1 0 H N OC a0 N 1�1 P ndO 00 en 00 N V1 OD f•5 N ddDPO P N �O d O) N •c P •O pN•O n •� �OOd C; •° �d M vN, H H v r H U Y O ISW Y C 7 m O O V O V A u N N N p 0. .9H H a■ I uNil H O U O -6 a, 1 d+l H OD NII ODI NN V1 V1 O p (OI Y1 N Y1 Y e � >� y O ■ Y M Y aaY � V O Ypp Y V ■ Y 0. ■ ppp V 'c ■ a M .w � .•w � p d ..Oi U c � Y 7•., m c W yM r1 V .■i V O•� m Y c c d O 0. 7 V■ . uC i»r .Vi 00 V c V Y Y Y •n0.• Y ■ m O ■ C• V■ V 7 •■ 10 VJ w Y Y •> Y 00 P V Y qmq V Y 00 •O. c 0 01 V C. .a•.Youe V Y YM■ 0. c V V] "•. a i •y ro:: U m i W V c •w c Y 0 V 6 0 E y Y y■ ••■i •M Y Y Y V •� r V a (i y7 c y v V V 7 O Y r V 0 •~ Y V V V■ y■ X. msrgrn..mms aga �oa��mm �svrcov o m m HII Y1 d OI PII e Y P P r N udi P um P1 1•1 = m N N N C c H H qi 8 m m V� ■ O n r m Y HII V W Y 7 O 6 m m Y V u ec S ■ NII �a H am •M W O O � OD 0. III �H m ■ u a c •� O Y .r Y Y ■ .. u ■ ■ a m a C i u 00 V C C ••Oi •p .•■+ O r ~ c V �60.06 OV6 V V Y Y Y � 8 ■ v a �o.gp � 88 VILLAGE OF DEERFIELD, ILLINOIS COMBINED STATEMENT OF INVESTMENTS APRIL 30, 1982 Interest Maturity Rate Date General Fund Certificate of Deposit First National Bank of Deerfield Deerfield State Bank Time Deposit Continental Bank and Trust Total General Library Fund Savings Accounts First National Bank of Deerfield Deerfield Savings and Loan Certificate of Deposit First National Bank of Deerfield Certificate of Deposit Cragin Federal Savings and Loan Federal Revenue Sharing Certificate of Deposit Cragin Federal Savings and Loan Motor Fuel Tax Fund Certificate of Deposit Northern Trust Company Total Special Revenue 13.750 13.960 13.960 17.750 16.000 14.000 13.500 11.850 12.360 12.460 12.560 12.800 6/l/82 $ 100,000 7/9/82 125,000 8/17/82 150,000 6/25/82 125,000 7/23/82 125,000 11/24/82 150,000 5/20/82 130,000 c ons nnn 5/14/82 5/17/82 6/14/82 6/17/82 7/16/82 13.900 5/18/82 12.625 6/4/82 $ 7,058 10,140 $ 17,198 $ 30,000 30,000 30,000 30,000 30,000 $ 150,000 $ 167,198 $ 150,000 $ 100,000 13.500 5/18/82 $ 155,000 13.500 6/28/82 135,000 $ 290,000 Q 7A 7 l oQ t 1 i 1 1 1 1 1 1 1 t 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS COMBINED STATEMENT OF INVESTMENTS APRIL 30, 1982 Debt Service Savings Certificate Cragin Federal Savings and Loan Certificate of Deposit First National Bank of Chicago Total Debt Service Land Acquisition Certificate of Deposit Northern Trust Company Sewerage Treatment Facility Time Deposit Continental Bank and Trust Time Deposit Northern Trust Company Total Capital Project Certificate of Deposit Cragin Federal Savings and Loan Deefield State Bank Certificate of Deposit Deerfield State Bank First National Bank of Deerfield Total Enterprise Interest Maturity Rate Date 14.125 8/18/82 $ 125,000 14.650 11/24/82 150,000 16.000 5/17/82 14.000 8/17/82 $ 155,000 $ 275,000 $ 125,000 14.200 7/28/82 110,000 $ 265,000 A •1nn nnn 13.900 5/18/82 $ 100,000 13.875 6/23/82 100,000 13.000 5/29/82 50,000 $ 250,000 13.960 8/13/82 $ 150,000 12.500 7/7/82 200,000 13.000 5/29/82 50,000 14.000 6/28/82 100,000 13.750 5/25/82 100,000 $ 600,000 89 90 VILLAGE OF DEERFIELD, ILLINOIS COMBINED STATEMENT OF INVESTMENTS APRIL 30, 1982 Police Pension Savings Accounts Deerfield Savings and Loan Deerfield State Bank U.S. Treasury Bonds Deerfield State Bank Certificates of Deposit Deerfield Savings and Loan Great American Savings and Loan Savings Certificate Crawford Savings and Loan Total Trust and Agency Interest Maturity Rate Date 6.750 2/15/93 7.500 8/15/93-98 7.500 8/15/93 8.500 1994/1999 8.500 1994/1999 8.500 1994/1999 8.250 5/15/90 8.250 5/1/88 8.750 11/15/88 9.250 5/15/89 12.625 5/15/95 8.375 8/15/00 13.375 8/15/01 12.625 5/15/95 12.625 5/15/95 11.50 11/15/95 13.375 8/15/01 11/15-11/-06 13.875 5/15/01 8.125 5/90 7.750 10/22/82 7.750 1/28/83 7.750 1/28/83 $ 5,000 500 $ 34,760 81,584 30,173 57,758 66,996 58,119 59,698 89,866 99,062 51,705 142,350 59,931 96,033 84,139 121,575 112,288 95,000 105,188 153,188 76,535 $ 5,500 1,675,948 10,288 41,128 7,979 $1,740,843 tL 040 AL I I 91 L 1 11 1 11 L 1 VILLAGE OF DEERFIELD, ILLINOIS CURRENT AND LONG-TERM DEBT REQUIREMENTS SEWERAGE IMPROVEMENT BONDS OF 1973 APRIL 30, 1982 Date of Issue Date of Maturity Authorized Issue Actual Issue Denomination of Bonds Interest Rate Principal Maturity Date Interest Dates Payable at June 1, 1973 December 1, 1992 $1,080,000 $1,080,000 $5,000 4.4%-5.1% December 1 June 1 and December 1 Belleville National Savings Bank PRINCIPAL AND INTEREST REQUIREMENTS Tax Bond Levy Coupons Due on Numbers Year Principal Interest Total Dec. 1 Amount June 1 Amount 1980 $ 18,550 $ 18,550 1982 $ 18,550 62-76 1981 $ 75,000 35,412 110,412 1982 $ 18,550 1983 16,862 77-91 1982 75,000 32,000 107,000 1983 16,862 1984 15,138 92-106 1983 75,000 28,550 103,550 1984 15,138 1985 13,412 107-121 1984 75,000 25,062 100,062 1985 13,412 1986 11,650 122-136 1985 75,000 21,538 96,538 1986 11,650 1987 9,888 137-151 1986 75,000 17,975 92,975 1987 9,888 1988 8,087 152-166 1987 75,000 14,337 89,337 1988 8,087 1989 6,250 167-181 1988 75,000 10,625 85,625 1989 6,250 1990 4,375 182-196 1989 75,000 6,875 81,875 1990 4,375 1991 2,500 197-206 1990 50,000 3,750 53,750 1991 2,500 1992 1,250 207-216 1991 50,000 1,250 51,250 1992 1,250 % $775,000 $215,924 $990,924 $107,962 $107,962 $ 75,000 $ 53,962 $128,962 Current Portion - Debt Service Fund 700,000 161,962 861,962 Long -Term Portion - General Long -Term 1 Debt Account $775,000 $215,924 $990,924 Group 92 VILLAGE OF DEERFIELD, ILLINOIS CURRENT AND LONG-TERM DEBT REQUIREMENTS SEWERAGE TREATMENT FACILITIES BONDS OF 1973 APRIL 30, 1982 Date of Issue Date of Maturity Authorized Issue Actual Issue Denomination of Bonds Interest Rate Principal Maturity Date Interest Dates Payable at June 1, 1973 December 1, 1992 $2,000,000 $2,000,000 $5,000 4.4%-6.O% December 1 ,.June 1 and December 1 Belleville National Savings Bank PRINCIPAL AND INTEREST REQUIREMENTS Tax Bond Levy Numbers Year Principal Interest Total 1980 $ 34,249 $ 34,249 116-140 1981 $ 125,000 65,687 190,687 141-165 1982 / 125,000 60,000 185,000 166-190 1983 125,000 54,250� 179,250 191-215 1984 125,000 48,438 173,438 216-240 1985 125,000 42,563 167,563 241-265 1986 125,000 36,625 161,625 266-296 1987 125,000 30,562 155,562 297-315 1988 125,000 24,375 149,375 316-340 1989 125,000 18,125 143,125 341-370 1990 150,000 11,250 161,250 371-400 1991 150,000 3,750 153,750 $1,425,000 $429,874 $1,854,874 $ 125,000 $ 99,936 $ 224,936 1,300,000 329,938 1,629,938 $1,425,000 $429,874 $1,854,874 Coupons Due on Dec. 1 Amount June 1 Amount 1982 $ 34,249 1982 $ 34,249 1983 31,438 1983 31,438 1984 28,562 1984 28,562 1985 25,688 ' 1985 25,688 1986 22,750 1986 22,750 1987 19,813 1987 19,813 1988 16,812 1988 16,812 1989 13,750 1989 13,750 1990 10,625 1990 10,625 1991 7,500 1991 7,500 1992 3,750 ' 1992 3,750 $214,937 $214,937 Current Portion - Debt Service Fund Long -Term Portion - General Long -Term Debt Account Group 93 1 1 1 1 1 1 i t 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS CURRENT AND LONG-TERM DEBT REQUIREMENTS LAND ACQUISTION BONDS OF 1974 APRIL 30. 1982 Date of Issue December 1, 1974 Date of Maturity June 1, 1984 Authorized Issue $1,000,000 Actual Issue $1,000,000 Denomination of Bonds $5,000 Interest Rate 5.4% - 6.0% Principal Payment Date December 1 Interest Dates June 1 and December 1 Payable at First Commercial Bank and Trust PRINCIPAL AND INTEREST REQUIREMENTS Tax Bond Levy Numbers Year Principal Interest Total 1980 $11,213 $ 11,213 121-145 1981 $125,000 18,987 143,987 146-170 1982 125,000 12,050 137,050 171-200 1983 150,000 4,275 154,275 $400,000 $46,525 $446,525 Coupons Due on Dec. 1 Amount June 1 Amount 1982 $11,213 1982 $11,212 1983 7,775 1983 7,775 1984 4,275 1984 4,275 $23,262 $23,263 $125,000 $30,200 $155,200 Current Portion - Debt Service Fund 275,000 16,325 291,325 Long -Term Portion - General Long -Term Debt Account $400,000 �$46,525 $446,525 Group 94 VILLAGE OF DEERFIELD, ILLINOIS CURRENT AND LONG-TERM DEBT REQUIREMENTS INSTALLMENT NOTE - POLICE ADDITION APRIL 30, 1982 Date of Issue October 16, 1979 Date of Maturity October 15, 1986 Actual Issue $400,000 Payable to Northern Trust Company Principal and Interest Requirements Tax Levy Year Principal Interest Total 1981 $ 20,000 $24,455 $ 44,455 1982 20,000 23,115 43,115 1983 25,000 21,788 46,788 1984 145,000 20,088 165,088 1985 155,000 10,385 165,385 $365,000 $99,831 $464,831 $ 20,000 .$24,455 $ 44,455 - Current Portion - Debt Service 345,000 75,376 420,376 - Long -Term Portion — General Long -Term ' Debt Account. $365,000 $99,831 $464,831 Group 95 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 VILLAGE OF DEERFIELD, ILLINOIS CURRENT AND LONG-TERM DEBT REQUIREMENTS WATER REVENUE BOND SERIES OF 1960 APRIL 30, 1982 Date of Issue Date of Maturity Actual Issue Denomination of Bonds Interest Rates Interest Dates Principal Maturity Date Payable at January 1, 1960 May 1, 1989 $125,000 1-125 @ $1,000 4.75% - 4.25% November 1, May 1 May 1 LaSalle National Bank Chicago PRINCIPAL AND INTEREST REQUIREMENTS Year Bond Coupons Due on Ended Numbers Principal Interest Total Nov. 1 Amount May 1 Amount 1983 71-75 $ 5,000 $ 2,338 $ 7,338 1982 $1,169 1983 $1,169 1984 76-80 5,000 2,125 7,125 1983 1,062 1984 1,063 1985 81-85 5,000 1,913 6,913 1984 956 1985 957 1986 86-95 10,000 1,700 11,700 1985 850 1986 850 1987 96-105 10,000 1,275 11,275 1986 637 1987 638 1988 106-115 10,000 850 10,850 1987 425' 1988 425 1989 116-125 10,000 425 10,425 1988 212 1989 213 $55,000 $10,626 $65,626 $5,311 $5,315 96 ' VILLAGE OF DEERFIELD, ILLINOIS ' CURRENT AND LONG-TERM DEBT REQUIREMENTS WATER REVENUE BOND SERIES OF 1959 APRIL 30, 1982 1 Date of Issue April 1, 1959 Date of Maturity May 1, 1989 Actual Issue $545,000 ' Denomination of Bonds 1-545 @ $1,000 Interest Rates 5% - 4.25% Interest Dates November 1 - May 1 ' Principal Maturity Date May 1 Payable at LaSalle National Bank Chicago 1 PRINCIPAL AND INTEREST REQUIREMENTS Year Bond Coupons Due on Ended Numbers Principal Interest Total Nov. 1 Amount May 1 Amount 1983 326-350 $ 25,000 $ 9,700 $ 34,700 1982 $ 4,850 1983 $ 4,850 1984 351-380 30,000 8,512 38,512 1983 4,256 1984 4,256 , 1985 381-410 30,000 7,088 37,088 1984 39544 1985 3,544 1986 411-440 1987 441-475 30,000 35,000 5,738 35,738 4,462 39,462 1985 1986 2,869 2,231 1986 1987 2,869 2,231 1988 476-510 35,000 2,976 37,976 1987 1,488 1988 1,488 1989 511-545 35,000 1,488 36,488 1988 744 1989 744 ' $220,000 $39,964 $259,964 $19,982 $19,982 11 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 C O -. C -. O C O co 0 ao c o 0 0 C. 0aCCeao pp0en0(n coo e Y C v1 N C n O O O O O O O O C C 4 �O 7 O C. en Ln n en J co J en .O en ccLn %O ec O O O NJ OJQO NCM,N CC O .p dB en J .., •-, NNn en n cr N N (). eA e» rn y e+1 �p O, *p N N1 O en U,, en en ao en N V1 O C 0 n e0 a,O n %O N -+ %o CO in en NOOOINI C O:C! I&I NOINI C: yI CCO-+ OCOen Oen en W% O a O paC 000 00C'00%O O` O` c en N 7 to O• en en N O O e1 en 0 NO IQ O+ O N J N 'O —0 %O CO 01 eT O en n Q J J -, -• en N CO en en CD en 0 d (/} y y <* N fA N r N N JOO OIv1l JIOI N COI Np OON 000"'�'� �n ! NO`On N INI G C C: N Fal 0OCce v%OONOn en en c O Y COa 0cc C Y1 N w U'1 N 0 0 UNOn N O O "'L O en N N N N eT CC n C CC 7) �nCenJen r Cc or- CN J J en J N O N J en %O -r en O..O & N N d en N N to V) N N N N N O O OINI Go 0 O C C!—i enl N lull Ic C!Go OII to oL'I OC 000 000'0 Co !n m O eT O C CO O co 000NON N N O N u pin NOn OOONON N N 1.* O N O O 7 v1 en u1 O en in 0 0— CC J J C,N r .�.i 6 N O. ec n Ien n 1n N N N N N N N N en coonA r Ico I n JI I, 10 IIAj en Oc O OO rn . . 00-.0-. oOpaocao 0 c 0 o, C000000 000 on0M 0 0 0 u On NOn 000n o n n u1 C oC cO C 0 O O en &n eo C O O O CO O PO %O O to 10 N n J~ J / N~ N V1 N VA N N N Vl H H J n N W en en N nOJN-•J t? al O O OIen�I O O O �IJI N IN OI a0 Y W 4 u N u 0 U to c vo w m a u d u u u Ai .a 7 > eC q a ►. ew o. d .v+ en eC >> q O u CO u u v w ., a 0e oa oi ai CC M u •.e .+ 1. m eD CV �aW v k co F 97 98 ' VILLAGE OF DEERFIELD, ILLINOIS ' STATEMENT OF LEGAL DEBT MARGIN APRIL 30, 1982 1 Article VII, Section 6(k) of the 1970 Illinois Constitution governs computation 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 populations is more than 25,000 and less than 500,000 an aggregate of one percent:...indebtedness which is outstanding on the ' effective date (July 1, 1971) of this constitution or which is there- after 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. ' Computation of Debt Margin Village of Deerfield is a home rule municipality and as. such has no debt limitations. If, however, the Vilage were a non -home rule village its available debt limit would be as follows: ' Assessed Valuation $227,457,286 Legal Debt Margin - 8.625 $ 19,618,190 ' Amount of Debt Applicable to Limit 2,658,800 Balance $ 16,959,380 1 I I 1 99 1 1 1 I VILLAGE OF DEERFIELD, ILLINOIS POLICE PENSION OFFICERS' DEPOSITS Balance Balance April 30, April 30, 1981 Deposits Withdrawals 1982 Kenneth Anderson $ 10,100 $ 2,310 $ 12,410 Leo Anderson 10,390 2,152 12,542 William Behnke 14,853 2,152 17,005 Richard Brandt 16,345 3,742 20,087 Laurence Brouk 322 $ 322 - William Butler 19,441 2,152 21,593 Robert Charles 24,949 2,792 27,741 Gordon Cooper 17,685 2,152 19,837 Robert Davenport, Jr. 22,199 3,027 25,226 David P. Ebert 15,507 2,152 17,659 John Elofson 13,055 2,152 15,207 William Ennis 7,454 2,152 9,606 Marie Rose Gawne 5,979 2,152 8,131 Robert Hamilton 21,104 2,623 23,727 Thomas Hill 17,233 2,589 19,822 George Hoffman 14,906 2,152 17,058 Hillary Jenkins 3,009 1,795 4,804 Larry Kick 19,345 2,152 21,497 Eric Lundahl 1,147 1,647 2,194 Jeffrey McDermott 20,253 2,598 22,851 Richard Meyer 12,147 12,147 - Robert Ogden 182 1,541 1,723 Marcea Ross 6,673 2,152 8,825 John Sebben 12,023 2,152 14,175 Thomas Sheahan 8,116 2,152 10,268 Thomas Skrabala 13,905 2,669 16,574 John Sliozis 7,215 2,152 9,367 Michael Soler 10,248 2,152 12,400 Gary Stryker 16,116 2,609 18,725 Larry Tousignant 20,489 2,648 23,137 David Turnbaugh 16,741 2,573 19,314 Glenn E Webb 5,225 2,069 7,294 Richard Weil 800 1,615 2,415 Ronald Wolflick 3,854 1,570 5,424 $409,010 $72,697 $12,469 $469,238 Retired Members George Hall $ 9,604 $ 9,604 Thomas Rogge 9,411 9,411 David Peterson 7,287 7,287 $ 26,302 - - $ 26,302 $435,312 $72,697 $12,469 $495,540