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Home My WebLink About06 - June 2025 Fund Financial ReportVILLAGE OAK BROOKOF MONTHLY FINANCIAL REPORTS JUNE 2025 Estimated YTD YTD Net Fund Ending YTD YTD Increase Fund Balance Governmental Funds Revenues Expenditures (Decrease)(Deficit) General Fund (Major Fund)17,113,639$ 15,725,912$ 1,387,727$ 44,765,203$ Main operating fund of the Village. Hotel Fund (Major Fund)932,546$ 421,455$ 511,092$ 5,857,706$ Collects and spends resources from the 3% hotel/motel tax. Motor Fuel Tax Fund 221,804$ 72,635$ 149,169$ 2,541,385$ Collects and spends resources from the State motor fuel tax. Infrastructure Fund (Major Fund)4,744,666$ 1,592,343$ 3,152,323$ 17,576,831$ Accounts for construction and maintenance of roadways, drainage, and safety path systems. Enterprise Funds Water Fund (Major Fund)4,598,261$ 3,652,968$ 945,293$ 22,863,935$ Collects user fees for the distribution of water and maintenance of infrastructure. Sports Core Fund (Major Fund)3,046,731$ 2,135,814$ 910,916$ 3,814,805$ Accounts for revenues and expenses relating to administration, programs, food and beverage operations, and golf course. Internal Service Funds Insurance Fund 1,496,292$ 1,812,995$ (316,703)$ 80,927$ Accounts for the Village's health insurance costs and the related contributions from the Village, employees, retirees, and other agencies. Garage Fund 443,150$ 423,445$ 19,706$ 463,368$ Accounts for the maintenance of the Village's vehicle fleet and the related departmental reimbursements. Equipment Replacement Fund 711,891$ 335,792$ 376,100$ 3,993,785$ Accounts for the replacement of the Village's vehicle fleet and the related departmental contributions. Further information on the Village's major funds (as indicated above) can be found on the proceeding pages. Executive Summary on Village Funds Through June 30, 2025 6/30/25 6/30/25 6/30/24 6/30/25 YTD % of YTD 2025 Difference YTD YTD Amended Amended Adopted Prior Actual Actual Budget Budget Budget Year OPERATING REVENUES Sales Tax 8,678,973$ 10,196,665 8,625,000$ 118.2%17,250,000$ 1,517,692$ State Income Tax 771,953 836,431 650,000 128.7%1,300,000 64,478 Replacement Tax 312,290 202,269 275,000 73.6%550,000 (110,021) Road & Bridge Tax 21,516 19,003 17,500 108.6%35,000 (2,514) Local Use Tax 161,610 87,879 159,500 55.1%319,000 (73,731) Cannabis Use Tax 6,791 6,549 6,250 104.8%12,500 (242) Grants 154,908 7,804 85,560 9.1%171,120 (147,104) Utility/Telecom. Tax 1,603,876 1,628,798 1,875,000 86.9%3,750,000 24,922 Licenses and Permits 1,305,986 1,158,475 1,373,780 84.3%2,747,560 (147,511) Charges for Services 1,487,057 1,054,371 1,369,025 77.0%2,738,050 (432,685) Investment Interest 908,568 618,247 500,000 123.6%1,000,000 (290,322) Miscellaneous Income 452,120 291,621 303,111 96.2%606,221 (160,499) Total Operating Revenues 15,865,647$ 16,108,111$ 15,239,726$ 105.7%30,479,451$ 242,463$ OPERATING EXPENDITURES Personnel 10,564,396$ 11,476,543$ 11,893,629$ 96.5%23,787,259$ 912,147$ Materials and Supplies 283,113 249,159 344,727 72.3%689,454 (33,954)$ Operation and Contract 3,138,692 3,169,394 3,656,262 86.7%7,312,523 30,703$ Other Expenditures 4,240 3,961 4,950 80.0%9,900 (279)$ Capital Outlay 179,854 826,855 306,288 270.0%612,575 647,001$ Total Operating Expenditures 14,170,294$ 15,725,912$ 16,205,856$ 97.0%32,411,711$ 1,555,618$ SURPLUS (DEFICIT) OF REVENUES OVER EXPENDITURES 1,695,353$ 382,199$ (966,130)$ -39.6%(1,932,260)$ (1,313,154)$ INTERFUND TRANSACTIONS Transfers In -$ -$ -$ N/A -$ -$ Transfers Out N/A - Reimbursements From Other Funds 437,970 1,005,528 1,005,531 100.0%2,011,062 567,558 Reimbursements To Other Funds - - - N/A - - Sports Core Loan N/A - - Total Interfund Transactions 437,970$ 1,005,528$ 1,005,531$ 100.0%2,011,062$ 567,558$ NET FUND INCREASE (DECREASE)2,133,323$ 1,387,727$ 39,401$ 78,802$ (745,596)$ *Includes the collection of Income Tax, Use Tax, Road & Bridge Tax, Personal Property Replacement Tax, and Cannabis Use Tax. Village of Oak Brook General Fund Financial Update For the Period Ending June 30, 2025 6/30/25 6/30/25 6/30/24 6/30/25 YTD % of YTD 2025 Difference YTD YTD Amended Amended Adopted Prior Actual Actual Budget Budget Budget Year OPERATING REVENUES Hotel Tax 707,934$ 736,704$ 700,000$ 105.2%1,400,000$ 28,770$ Investment Interest 90,402 87,578 30,000 291.9%60,000 (2,824) Loan Interest 1,000 - - N/A - (1,000) Miscellaneous - 108,264 252,250 504,500 108,264 Total Operating Revenues 799,336$ 932,546$ 982,250$ 94.9%1,964,500$ 133,210$ EXPENDITURES Personnel 4,976$ 67,912$ 70,434$ 140,868$ -$ Operation and Contract (40,448) 192,213 487,983 0.39 975,965 232,661.14 Capital Outlay 3,683 58,436 296,875 19.7%593,750 54,752 Total Expenditures (31,789)$ 318,561$ 784,858$ 40.6%1,710,583$ 287,413$ SURPLUS (DEFICIT) OF REVENUES OVER EXPENDITURES 831,125$ 613,986$ 126,958$ 483.6%253,917$ (154,203)$ INTERFUND TRANSACTIONS Transfer Out -$ -$ -$ N/A -$ -$ Reimbursements to Other Funds (121,956) (102,894) (102,896) 100.0%(205,791) 19,062 Total Interfund Transactions (121,956)$ (102,894)$ (102,896)$ 100.0%(205,791)$ 19,062$ NET FUND INCREASE (DECREASE)709,169$ 511,092$ 24,063$ 48,126$ (135,141)$ Note - Expenditures are recorded in program 171. Village of Oak Brook Hotel Tax Fund Financial Update For the Period Ending June 30, 2025 6/30/25 6/30/25 6/30/24 6/30/25 YTD % of YTD 2025 Difference YTD YTD Amended Amended Adopted Prior Actual Actual Budget Budget Budget Year OPERATING REVENUES Non-Home Rule Sales Tax 3,774,404$ 4,395,389$ 3,497,500$ 125.7%6,995,000$ 620,986$ Charges for Services - - - N/A - -$ Investment Interest 408,421 349,277 200,000 174.6%400,000 (59,144) Grants - - - N/A - - Miscellaneous 1,990 - - N/A - (1,990) Total Operating Revenues 4,184,814$ 4,744,666$ 3,697,500$ 128.3%7,395,000$ 559,852$ OPERATING EXPENDITURES Personnel 94,008$ 14,231$ -$ N/A -$ (79,776)$ Materials and Supplies 202 25,083 23,900 105.0%47,800 24,882 Operation and Contract 615,849 566,341 1,144,107 49.5%2,288,213 (49,508) Other Expenditures - - - N/A - Capital Outlay 466,859 635,735 2,255,587 28.2%4,511,174 168,876 Total Operating Expenditures 1,176,917$ 1,241,391$ 3,423,594$ 36.3%6,847,187$ 64,474$ SURPLUS (DEFICIT) OF REVENUES OVER EXPENDITURES 3,007,897$ 3,503,275$ 273,906$ 1279.0%547,813$ 495,378$ INTERFUND TRANSACTIONS Transfers In -$ -$ -$ N/A -$ -$ Reimbursements From Other Funds - - 100,000 0.0%200,000 - Reimbursements To Other Funds (16,002) (350,952) (350,953) 100.0%(701,906) (334,950) Total Interfund Transactions (16,002)$ (350,952)$ (250,953)$ 139.8%(501,906)$ (334,950)$ NET FUND INCREASE (DECREASE)2,991,895$ 3,152,323$ 22,953$ 45,907$ 160,428$ Village of Oak Brook Infrastructure Fund Financial Update For the Period Ending June 30, 2025 6/30/25 6/30/25 6/30/24 6/30/25 YTD % of YTD 2025 Difference YTD YTD Amended Amended Adopted Prior Actual Actual Budget Budget Budget Year OPERATING REVENUES Plan Review Fees 227$ 1,050$ 263$ 400.0%525$ 823$ Building/Inspection Fees - - 750 0.0%1,500 - Water Sales 3,883,758 3,869,741 5,654,598 68.4%11,309,195 (14,017) Unmetered Sales 35,081 27,805 30,000 92.7%60,000 (7,276) Water Connection Fees 23,000 56,350 37,000 152.3%74,000 33,350 Fire Service Charge - - - N/A - - Meter Charges 5,210 20,100 7,500 268.0%15,000 14,890 Special Services 15,054 15,926 7,500 212.3%15,000 872 Investment Interest 682,928 542,795 350,000 155.1%700,000 (140,133) Proceeds from Property Sale - - - N/A - - Miscellaneous 49,108 64,494 37,500 172.0%75,000 15,385 Total Operating Revenues 4,694,367$ 4,598,261$ 6,125,110$ 75.1%12,250,220$ (96,106)$ OPERATING EXPENDITURES Personnel 321,224$ 294,516$ 328,638$ 89.6%657,277$ (26,708)$ Materials and Supplies 63,533 76,318 59,836 127.5%119,671 12,785 Operation and Contract 2,336,449 2,572,189 3,451,779 74.5%6,903,559 235,740 Capital Outlay 1,797,466 415,340 3,877,095 10.7%7,754,190 (1,382,126) Total Expenditures 4,518,672$ 3,358,362$ 7,717,348$ 43.5%15,434,696$ (1,160,309)$ Surplus (Deficit) of Revenues Over Expenditures 175,695$ 1,239,899$ (1,592,238)$ -77.9%(3,184,476)$ 1,064,203$ INTERFUND TRANSACTIONS Reimbursements To Other Funds (218,442)$ (294,606)$ (294,601)$ 100.0%(589,202)$ (76,164)$ Total Interfund Transactions (218,442)$ (294,606)$ (294,601)$ 100.0%(589,202)$ (76,164)$ Fund Increase/(Decrease) - Budgetary Basis (42,747)$ 945,293$ (1,886,839)$ (3,773,678)$ 988,039$ *Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year. Village of Oak Brook Water Fund Financial Update For the Period Ending June 30, 2025 Village of Oak Brook Monthly Operating Statement Sports Core Fund Consolidated Presentation For the Period Ending June 30, 2025 6/30/25 6/30/25 6/30/25 YTD % of YTD 2025 6/30/24 Difference B&T Recreation Field Clubhouse Golf YTD Amended Amended Adopted YTD Prior Operations Operations Operations Club Total Budget Budget Budget Total Year OPERATING REVENUES Memberships 586,529$ -$ -$ 358,600$ 945,129$ 479,803$ 197.0%959,607$ 823,830$ 121,299$ Greens Fees - - - 715,221 715,221 932,995 76.7%1,865,990 701,460 13,761 Pro Shop Sales - - - 79,230 79,230 90,000 88.0%180,000 73,707 5,523 Golf Lessons - - - 80,735 80,735 22,500 358.8%45,000 35,910 44,825 Driving Range Fees - - - 384,292 384,292 330,691 116.2%661,382 298,354 85,938 Golf Surcharge - - - 90,829 90,829 112,500 80.7%225,000 - 90,829 Rentals - 72,667 89,551 259,682 421,900 551,000 76.6%1,102,000 395,186 26,714 Programs/User Fees 100,186 - - - 100,186 102,900 97.4%205,800 90,399 9,788 Food Sales 31,856 - - 22,601 54,457 28,890 188.5%57,780 20,044 34,413 Beverage Sales 21,188 - - 884 22,071 39,440 56.0%78,880 - 22,071 Grants - - - - - - N/A - - - Other Revenue 97,423 - - 35,254 132,677 49,000 270.8%98,000 96,129 36,548 Total Operating Revenues 837,181$ 72,667$ 89,551$ 2,027,328$ 3,026,727$ 2,739,719$ 110.5%5,479,439$ 2,535,019$ 491,708$ OPERATING EXPENDITURES Personnel 113,687$ -$ -$ 592,934$ 706,621$ 825,532$ 85.6%1,651,064$ 448,724$ 257,897$ Materials & Supplies 21,983 - 2,759 180,935 205,677 213,015 96.6%426,030 166,423 39,254 Operational & Contractual 354,941 20,536 22,494 136,950 534,921 605,854 88.3%1,211,708 607,631 (72,711) Other - - - - - - N/A - - - Capital 12,112 - - 399,403 411,515 784,977 52.4%1,569,954 1,131,936 (720,420) Total Operating Expenditures 502,724$ 20,536$ 25,252$ 1,310,222$ 1,858,734$ 2,429,377$ 76.5%4,858,755$ 2,354,714$ (495,979)$ B&T Administration Overhead Allocation*328,018$ (27,877)$ (60,447)$ (239,693)$ -$ -$ N/A -$ 12,478$ 12,478$ Operating Revenues Over (Under) Expenditures 662,475$ 24,254$ 3,851$ 477,413$ 1,167,992$ 310,342$ 376.4%620,684$ 192,783$ 1,000,166$ INTERFUND TRANSACTIONS Reimbursement From Other Funds 20,004$ -$ -$ -$ 20,004$ 20,000$ 100.0%40,000$ 20,004$ -$ Reimbursement To General Fund (277,080) - - - (277,080) (277,053) 100.0%(554,106) 50,790 (327,870) Total Interfund Transactions (257,076)$ -$ -$ -$ (257,076)$ (257,053)$ 100.0%(514,106)$ 70,794$ (327,870)$ Total Revenues Over (Under) Expenditures - Budgetary Basis 405,399$ 24,254$ 3,851$ 477,413$ 910,916$ 53,289$ 106,578$ 263,577$ 672,296$ *Overhead allocation is comprised of salaries, business forms, liability insurance, building & grounds maintenance and bank service fees in Program 811 - Sports Core General Operations distributed to various Sports Core Programs on a % basis. **Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year. Village of Oak Brook Monthly Operating Statement Bath & Tennis Club Recreation Operations For the Period Ending June 30, 2025 6/30/25 6/30/25 822 6/30/25 YTD % of YTD 2025 6/30/24 Difference 811 812 813 Poolside YTD Adopted Amended Adopted YTD Prior B&T Admin Swimming Tennis Café Total Budget Budget Budget Total Year OPERATING REVENUES Memberships -$ 558,660$ 27,869$ -$ 586,529$ 251,391$ 233.3%502,782$ 426,930$ 159,599$ Programs/User Fees - 71,844 28,342 - 100,186 102,900 97.4%205,800 90,399 9,788 Food Sales - - - 31,856 31,856 4,015 793.4%8,030 - - Beverage Sales - - - 21,188 21,188 1,815 1167.4%3,630 - - Grants - - - - - - N/A - - - Other Revenue 95,923 - - 1,500 97,423 45,500 214.1%91,000 94,690 2,733 Total Operating Revenues 95,923$ 630,504$ 56,211$ 54,543$ 837,181$ 405,621$ 206.4%811,242$ 612,019$ 172,119$ OPERATING EXPENDITURES Personnel 95,656$ 18,031$ -$ -$ 113,687$ 145,309$ 78.2%290,617$ 16,976$ 96,712$ Materials & Supplies 350 20,209 1,424 - 21,983 14,078 156.2%28,155 28,911 (6,928) Operational & Contractual 73,059 184,086 45,743 52,054 354,941 321,674 110.3%643,347 400,079 (45,138) Other - - - - - - N/A - - - Capital 872 11,240 - - 12,112 359,450 3.4%718,900 346,999 (334,887) Total Operating Expenditures 169,937$ 233,566$ 47,167$ 52,054$ 502,724$ 840,510$ 59.8%1,681,019$ 792,965$ (290,241)$ B&T Administration Overhead Allocation*416,003$ (69,262)$ (13,723)$ (5,000)$ 328,018$ 328,018 100.0%656,036$ 18,728$ 309,290$ Operating Revenues Over (Under) Expenditures 341,989$ 327,676$ (4,679)$ (2,510)$ 662,475$ (106,871)$ -619.9%(213,742)$ (162,218)$ 771,650$ INTERFUND TRANSACTIONS Reimbursement From Other Fund 20,004$ -$ -$ -$ 20,004$ 20,000$ 100.0%40,000$ 20,004$ -$ Reimbursement To General Fund (277,080) - - - (277,080) (277,053) 100.0%(554,106) (25,392) (251,688) Total Interfund Transactions (257,076)$ -$ -$ -$ (257,076)$ (257,053)$ 100.0%(514,106)$ (5,388)$ (251,688)$ Total Revenues Over (Under) Expenditures - Budgetary Basis 84,913$ 327,676$ (4,679)$ (2,510)$ 405,399$ (363,924)$ (727,848)$ (167,606)$ 519,962$ *Overhead allocation is comprised of salaries, business forms, liability insurance, building & grounds maintenance and bank service fees in Program 811 - Sports Core General Operations distributed to various Sports Core Programs on a percentage basis. **Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year. Village of Oak Brook Monthly Operating Statement Open Fields Operations For the Period Ending June 30, 2025 6/30/25 6/30/25 6/30/25 YTD % of YTD 2025 6/30/24 Difference 815 816 YTD Amended Amended Adopted YTD Prior Polo Open Fields Total Budget Budget Budget Total Year OPERATING REVENUES Field Rentals -$ 72,667$ 72,667$ 101,500$ 71.6%203,000$ 67,833$ 4,834$ Range Rentals - - - - N/A - - - Taste of Oak Brook - - - - N/A - - - Other Revenue - - - N/A - - - Total Operating Revenues -$ 72,667$ 72,667$ 101,500$ 71.6%203,000$ 67,833$ 4,834$ OPERATING EXPENDITURES Personnel -$ -$ -$ -$ N/A -$ -$ -$ Materials & Supplies - - - 4,745 0.0%9,490 - - Operational & Contractual - 20,536 20,536 38,011 54.0%76,022 23,646 (3,110) Capital - - - - N/A - - - Total Operating Expenditures -$ 20,536$ 20,536$ 42,756$ 48.0%85,512$ 23,646$ (3,110)$ B&T Administration Overhead Allocation*-$ (27,877)$ (27,877)$ (27,877) 100.0%(55,754)$ -$ (27,877)$ Total Revenues Over (Under) Expenditures - Budgetary Basis -$ 24,254$ 24,254$ 30,867$ 78.6%61,733$ 44,187$ (19,934)$ *Overhead allocation is comprised of salaries, business forms, liability insurance, building & grounds maintenance and bank service fees in Program 811 - Sports Core General Operations distributed to various Sports Core Programs on a percentage basis. **Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year. Village of Oak Brook Monthly Operating Statement Bath & Tennis Clubhouse Operations For the Period Ending June 30, 2025 6/30/25 6/30/25 821 YTD % of YTD 2025 6/30/24 Difference B&T Amended Amended Adopted YTD Prior Clubhouse Budget Budget Budget Total Year OPERATING REVENUES Rentals 89,551$ 117,000$ 76.5%234,000$ 56,017$ 33,533$ Other Revenue - - 0.0%- - - Total Operating Revenues 89,551$ 117,000$ 76.5%234,000$ 56,017$ 33,533$ OPERATING EXPENDITURES Personnel -$ -$ N/A -$ -$ -$ Materials & Supplies 2,759 6,875 40.1%13,750 6,812 (4,054) Operational & Contractual 22,494 20,183 111.5%40,365 24,366 (1,873) Capital - - N/A - - - Total Operating Expenditures 25,252$ 27,058$ 93.3%54,115$ 31,178$ (5,926)$ B&T Administration Overhead Allocation*(60,447)$ (60,447) 100.0%(120,895)$ (6,250)$ (54,197)$ Operating Revenues Over (Under) Expenditures 3,851$ 29,495$ 13.1%58,990$ 18,589$ (14,738)$ Total Revenues Over (Under) Expenditures - Budgetary Basis 3,851$ 29,495$ 58,990$ 18,589$ (14,738)$ *Overhead allocation is comprised of salaries, business forms, liability insurance, building & grounds maintenance and bank service fees in Program 811 - Sports Core General Operations distributed to various Sports Core Programs on a percentage basis. **Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year. Village of Oak Brook Monthly Operating Statement Golf Club Programs For the Period Ending June 30, 2025 6/30/25 6/30/25 823 831 832 833 834 844 6/30/25 YTD % of YTD 2025 6/30/24 Difference Golf Golf General Golf Learning Golf Cart Golf Course Golf YTD Amended Amended Adopted YTD Prior Café Operation & Practice Operations Maintenance Surcharge Total Budget Budget Budget Total Year OPERATING REVENUES Memberships -$ 358,600$ -$ -$ -$ -$ 358,600$ 228,413$ 157.0%456,825$ 396,900$ (38,300)$ Greens Fees - 715,221 - - - - 715,221 932,995 76.7%1,865,990 701,460 13,761 Pro Shop Sales - 79,230 - - - - 79,230 90,000 88.0%180,000 73,707 5,523 Golf Lessons - - 80,735 - - - 80,735 22,500 358.8%45,000 35,910 44,825 Driving Range Fees - - 384,292 - - - 384,292 330,691 116.2%661,382 298,354 85,938 Rentals 17,250 3,285 14,750 224,397 - - 259,682 332,500 78.1%665,000 271,335 (11,653) Food Sales 22,601 - - - - - 22,601 24,875 90.9%49,750 20,044 2,557 Beverage Sales 884 - - - - - 884 37,625 2.3%75,250 - 884 Golf Surcharge - - - - - 90,829 90,829 112,500 80.7%225,000 91,629 (800) Other Revenue - 35,254 - - - - 35,254 3,500 1007.3%7,000 1,439 33,815 Total Operating Revenues 40,735$ 1,191,590$ 479,777$ 224,397$ -$ 90,829$ 2,027,328$ 2,115,599$ 95.8%4,231,197$ 1,890,779$ 136,550$ OPERATING EXPENDITURES Personnel -$ 193,108$ 51,685$ 23,773$ 324,367$ -$ 592,934$ 680,223$ 87.2%1,360,447$ 431,748$ 161,186$ Materials & Supplies (783) 58,580 30,948 504 91,686 - 180,935 187,318 96.6%374,635 130,700 50,236 Operational & Contractual - 95,493 12,486 5,534 23,437 - 136,950 225,987 60.6%451,973 159,540 (22,590) Other - - - - - - - - N/A - - - Capital - 277,183 - 48,470 73,750 - 399,403 425,527 93.9%851,054 784,937 (385,534) Total Operating Expenditures (783)$ 624,364$ 95,119$ 78,281$ 513,241$ -$ 1,310,222$ 1,519,054$ 86.3%3,038,108$ 1,506,925$ (196,703)$ Operating Revenues Over (Under) Expenditures 41,517$ 567,226$ 384,658$ 146,117$ (513,241)$ 90,829$ 717,106$ 596,544$ 120.2%1,193,089$ 383,854$ 333,252$ B&T Administration Overhead Allocation*-$ (239,693)$ -$ -$ -$ -$ (239,693)$ (239,693) 100.0%(479,387)$ (12,478)$ (227,215)$ INTERFUND TRANSACTIONS Reimbursement To General Fund -$ -$ -$ -$ -$ -$ N/A -$ 0.0%-$ (76,182)$ Total Interfund Transactions -$ -$ -$ -$ -$ -$ N/A -$ -$ -$ (76,182)$ Total Revenues Over (Under) Expenditures - Budgetary Basis 41,517$ 327,533$ 384,658$ 146,117$ (513,241)$ 90,829$ 477,413$ 356,851$ 713,702$ 295,193$ 106,037$ *Estimates based on historical year-end audit adjustments. Actual amounts are not measured and recorded until the end of the year.