Gurnee Park District 2016-2017 Annual GFOA Budget

Total District
MAJOR BUDGET CHANGES
REVENUE
The total 2016-17 budgeted
revenue of $15.4 million is a
$992,682 or 7% increase from 2015
-16 year end estimates. The two
main revenue sources for the Park
District are fees and charges for
services and property taxes.
These two sources account for
54% and 36% of total revenue,
respectively. Having this revenue
balance between property taxes
and fees and charges for services
is very important to the financial
strength of the Park District. In the
Recreation Fund, revenue sources
other than property taxes
account for 87% of the total
revenue. With revenue from tax
receipts expected to increase
only slightly in the coming years,
revenue growth for the Park
District will come from fees and
charges with growth in
recreational programming and
fitness center operations.
Revenue changes for the 2016-17
budget include:
Tax Receipts
Tax Revenue is proposed to
Total park District Staffing
2015-16 2015-16 2016-17
Headcounts Budget Y/E Estimate Proposed
Full-Time Positions 49 51 53
Part-Time 370 369 375
Seasonal 225 225 230
Total 644 645 658
During 2015-16 two full-time positions were added, rental
coordinator and an additional marketing specialist. The rental
coordinator was changed from part-time based on the need in the
rental area. The additional marketing specialist was part of the
transition with the retirement of the volunteer coordinator. Two
additional full-time positions are included in the 2016-17 budget,
one in fitness operations and one in the parks department. The
fitness operations position is needed based on the positive high
demand in membership sales and services. The parks department
position is needed based on the growth in facilities and parks within
the Park District. Both positions were previously part-time positions.
increase slightly (1%) to
$5,491,826.
Fees and Charges
There is a budgeted increase in
fees and charges of $956,603 or
13%. Recreation program
revenue is budgeted to increase
3% compared to 2015-16 budget
and increase 7% from 2015-16
year end projections. 2015-16
year end projections show that
97% of the budgeted revenue
will be collected. Revenues from
fitness operations of $3.7 million is
budgeted to increase 16% over
2015-16 budget and 17% over
2015-16 year end projections.
Revenues from the aquatic
center are expected to remain
flat compared to last year’s
budget and increase 32% from
last year’s actuals which were a
result of terrible weather during
the Aquatic Center season.
Investment Income
Investment income is budgeted
to increase $3,880 based on a
conservative estimate of upturn
in interest rates.
58 FISCAL YEAR 2016/2017 ANNUAL BUDGET I Gurnee Park District