2019 BudgetVILLAGE OF OAK BROOK, ILLINOIS
Table of Contents
Fiscal Year 2019
BUDGET MESSAGE ............................................................................................................................................................. 10
INTRODUCTION
Village Mission, Vision, and Value Statements .................................................................................................................. 23
Government Profile & Location ......................................................................................................................................... 24
Strategic Plan ...................................................................................................................................................................... 27
Organizational Chart .......................................................................................................................................................... 29
Personnel Organization Chart ............................................................................................................................................ 30
Financial Organization Chart .............................................................................................................................................. 31
BUDGET OVERVIEW
Budget Process and Schedule ............................................................................................................................................ 32
Budget Organization and Structure ................................................................................................................................... 34
Basis of Accounting and Basis of Budgeting ....................................................................................................................... 37
Fund Structure .................................................................................................................................................................... 38
Fund Descriptions ............................................................................................................................................................... 41
Relationship Between Budgeting Units .............................................................................................................................. 43
BUDGET SU.MMARIES
Cash and Investments Analysis .......................................................................................................................................... 45
Cash and Investments Summary ........................................................................................................................................ 46
Cash and Investments History of Major Funds .................................................................................................................. 47
Revenues, Expenditures, and Changes in Fund Balance/Net Position .............................................................................. 48
lnterfund Transfers and Reimbursements ......................................................................................................................... 49
Major Revenue Sources, Assumptions and Trends ............................................................................................................ 50
Revenue Summary Graph by Fund ..................................................................................................................................... 57
Revenues by Major Type Graph ......................................................................................................................................... 58
Expenditures Summary Graph by Fund ............................................................................................................................. 59
Expenditures by Major Type Graph ................................................................................................................................... 60
Summary of Revenues by Fund and Type .......................................................................................................................... 61
Summary of Expenditures by Fund and Type .................................................................................................................... 72
Revenues and Expenditure Comparison Summary ............................................................................................................ 83
Five-Year Financial Plan ...................................................................................................................................................... 84
Five-Year Financial Plan -General Fund Reserve Analysis ................................................................................................ 86
Five-Year Financial Plan -Fund Summaries ....................................................................................................................... 88
CAPITAL AND DEBT
Capital Overview ................................................................................................................................................................ 99
Budgeted Capital Requests ..................................................................................... _. .......................................................... 100
Description of Major Capital Projects ................................................................................................................................ 110
Debt Overview .................................................................................................................................................................... 114
PERSONNEL AND STAFFING
Personnel Schedule-By Program/Department ................................................................................................................ 115
Personnel Schedule-By Position ...................................................................................................................................... 117
Personnel Assumptions ...................................................................................................................................................... 121