2009 Annual Operating and Capital Budget - Village of Huntley

VILLAGE OF HUNTLEY
POLICE PENSION FUND
ACCOUNT FYE 12/31/05 FYE 12/31/06 FYE 12/31/07 FYE 12/31/08 FYE 12/31/09
NUMBER DESCRIPTION ACTUAL ACTUAL ACTUAL BUDGET ESTIMATED PROPOSED
REVENUES
80-00-7-5035 Property Taxes $ 164,674 $ 184,815 $ 219,009 $ 240,000 $ 235,957 $ 272,000
80-00-7-5041 Employee Contributions 117,841 134,041 152,353 180,000 172,484 212,000
80-00-8-4808 Investment Income 14,008 79,825 82,723 65,000 20,000 50,000
TOTAL REVENUES $ 296,523 $ 398,681 $ 454,085 $ 485,000 $ 428,441 $ 534,000
EXPENDITURES
80-50-1-6200 Refund Contributions $ - $ 312 $ 238 $ - $ - $ -
80-50-1-6201 Creditable Service Trsf - - - - 65,478 -
80-50-1-6202 Retiree Payments - 26,124 52,901 46,500 55,431 57,100
80-50-1-6208 Disability Payments 44,625 46,500 46,500 56,000 46,500 46,500
80-50-2-6305 Legal Fees 6,109 2,900 3,000 3,000 3,000 3,000
80-50-2-6306 Actuarial Fees 1,500 1,500 1,700 1,700 1,700 1,800
80-50-2-6307 DOI Fees 136 195 244 300 310 350
80-50-2-6480 Training & Seminars 191 - - 1,000 - 1,000
80-50-2-6499 Misc Contractual 450 450 - 500 - 500
TOTAL EXPENDITURES $ 53,011 $ 77,981 $ 104,583 $ 109,000 $ 172,419 $ 110,250
BEGINNING FUND BALANCE $ - $ 243,512 $ 243,512 $ 593,014 $ 593,014 $ 849,036
FUND BALANCE $ 243,512 $ 564,212 $ 593,014 $ 969,014 $ 849,036 $ 1,272,786
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