Agenda - Friday, December 6, 2019 - Kane County Forest ...

FOREST PRESERVE DISTRICT OF KANE COUNTY

EXECUTIVE COMMITTEE AGENDA

President, Michael Kenyon

Executive Director, Monica Meyers

President Pro Tem, Mark Davoust

Treasurer, Penny Wegman

Secretary, Susan Starrett

Deborah Allan

Theresa Barreiro

Drew Frasz

John Hoscheit

Bill Lenert

John Martin

Friday 8:30 AM December 6, 2019

I. Call to Order

II. Approval of Minutes from November 1, 2019

III. Public Comment (Each Speaker is limited to three minutes)

IV. Presentation and Approval of Bills and Commissioners' Per Diem from November 2019

V. Finance and Administration

A. Presentation of the Fiscal Year 2018-2019 Comprehensive Annual Financial Report

VI. Land Acquisition

A. Resolution Authorizing Land Acquisition of the Belom Farm Property Adjacent to the Binnie Forest Preserve in Rutland Township

B. Resolution Authorizing Land Acquisition of the Shaw Farm Property Adjacent to the Prairie Kame Sauer Forest Preserve in Blackberry Township

VII. Planning & Utilization

A. Presentation and Approval of the Second Amendment to the License Agreement with the Fox Valley Park District for the Use of the Barnes Forest Preserve

VIII. New or Unfinished Business

A. Presentation and Approval of the Executive Director's Contract Renewal with the Forest Preserve District of Kane County

IX. Closed Session to Discuss Land Acquisition, Contracts, Litigation and Personnel

Forest Preserve District Executive Committee Agenda

December 6, 2019

X. Communications

XI. President's Comments

XII. Financial Reports

A. Revenue and Expense Report through October 2019

B. Cash Investment Report 2019 October

C. Bond Investment Analysis Report for October 2019

XIII. Adjournment

Adjournment until: Friday, January 10, 2020 at 8:30 am Forest Preserve District Administration Offices 1996 S. Kirk Road, Suite 320 Geneva, Illinois

Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountDepartment 11 - Administrative

Sub-Department 11-11 Administrative,AdministrativeVendor 1029 - Alarm Detection Systems IncSub-Department 11-11 Administrative,Administrative

1463071043 Admin-HQ Quarterly Alarm Charges Svc 12/19-2/20

Paid by Check #117415 11/10/2019 11/18/2019 11/18/2019 11/22/2019 1,110.00

Sub-Department 11-11 Administrative,Administrative Totals Invoices 1 0

Vendor 1029 - Alarm Detection Systems Inc Totals Invoices 1 $1,110.00Vendor 1122 - Charles H Schrader & AssocSub-Department 11-11 Administrative,Administrative

100119 Admin-Consulting Services October 2019

Edit 10/01/2019 11/12/2019 11/12/2019 1,250.00


Vendor 1122 - Charles H Schrader & Assoc Totals Invoices 1 $1,250.00Vendor 1376 - Kinnally Flaherty Krentz & Loran PCSub-Department 11-11 Administrative,Administrative

198 Admin-December 2019 Retainer Fee

Edit 11/04/2019 11/19/2019 11/19/2019 9,283.00


Vendor 1376 - Kinnally Flaherty Krentz & Loran PC Totals Invoices 1 $9,283.00Vendor 3180 - Konica Minolta Business Solutions USA Inc.Sub-Department 11-11 Administrative,Administrative

9006184256 Admin-Contract Coverage Svc 9/25/19-10/24/19

Edit 10/25/2019 11/12/2019 11/12/2019 388.74


Vendor 3180 - Konica Minolta Business Solutions USA Inc. Totals Invoices 1 $388.74Vendor 1680 - Menards BataviaSub-Department 11-11 Administrative,Administrative

29439 Admin-(4)Exit Light Battery Edit 11/22/2019 11/25/2019 11/25/2019 38.60Sub-Department 11-11 Administrative,Administrative Totals Invoices 1 0

Vendor 1680 - Menards Batavia Totals Invoices 1 $38.60Vendor 3315 - Mr. Duct, IncSub-Department 11-11 Administrative,Administrative

111419 Admin-CommercialCleaning(3)RoofTopUnits@HQ

Paid by Check #117398 11/14/2019 11/14/2019 11/14/2019 11/14/2019 1,185.00


Vendor 3315 - Mr. Duct, Inc Totals Invoices 1 $1,185.00Vendor 2072 - Nestle Waters North America aka Ready Refresh

Run by David Petschke on 12/02/2019 12:01:55 PM Page 1 of 36

Accounts Payable Invoice ReportG/L Date Range 11/01/19 - 11/30/19

Report By Department - Vendor - InvoiceSummary Listing

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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 11-11 Administrative,Administrative

19K0122027253 Admin-Drinking Water,Dispenser Rental Svc 10/13/19-11/12/19

Paid by Check #117423 11/14/2019 11/18/2019 11/18/2019 11/22/2019 23.75


Vendor 2072 - Nestle Waters North America aka Ready Refresh Totals Invoices 1 $23.75Vendor 1499 - Preservation Partners of the Fox ValleySub-Department 11-11 Administrative,Administrative

111219Durant Admin-SupStaff,Work&EducationalMaterialsDurant,10/1/19-12/31/19

Edit 11/12/2019 11/26/2019 11/26/2019 5,000.00

111219Fabyan Admin-SupStaff,Work&EducationalMaterialsFabyan,10/1/19-12/31/19

Edit 11/12/2019 11/26/2019 11/26/2019 14,500.00


Vendor 1499 - Preservation Partners of the Fox Valley Totals Invoices 2 $19,500.00Sub-Department 11-11 Administrative,Administrative Totals Invoices 9 $32,779.09

Department 11 - Administrative Totals Invoices 9 $32,779.09

11 Administrative ___________________________________________________Department 12 - Finance & Business

Sub-Department 12-12 Finance & Business,FinanceVendor 1919 - AT&T Sub-Department 12-12 Finance & Business,Finance

6308450676111119 Fin-Office Alarm Fax Machine Svc 11/4/19-12/3/19

Paid by Check #117400 11/04/2019 11/14/2019 11/14/2019 11/14/2019 44.79

Sub-Department 12-12 Finance & Business,Finance Totals Invoices 1 0

Vendor 1919 - AT&T Totals Invoices 1 $44.79Vendor 1989 - Office DepotSub-Department 12-12 Finance & Business,Finance

397261750001 Fin-Tissues,(2)ManillaFolders,400CtSplenda,(8)Notebooks,PO#15987

Edit 11/01/2019 11/19/2019 11/19/2019 63.56


Vendor 1989 - Office Depot Totals Invoices 1 $63.56Vendor 1853 - Paddock PublicationsSub-Department 12-12 Finance & Business,Finance

31358 Fin-Legal Notice For (3)Yr Pond Mgmnt @ Bowes Crk & Burnidge

Edit 10/19/2019 11/04/2019 11/04/2019 101.20




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount31849 Fin-

LegalNoticeForHerbicideMgmnt&Waterway@FoxRiverTrail

Edit 10/26/2019 11/19/2019 11/19/2019 89.70

33505 Fin-Legal Notice For Settlers Hill Improvement Project

Edit 11/09/2019 11/26/2019 11/26/2019 43.70


Vendor 1853 - Paddock Publications Totals Invoices 3 $234.60Sub-Department 12-12 Finance & Business,Finance Totals Invoices 5 $342.95

Department 12 - Finance & Business Totals Invoices 5 $342.95

12 Finance & Business ___________________________________________________Department 14 - Human Resources

Sub-Department 14-18 Human Resources,Human ResourcesVendor 1822 - Jeremy JensenSub-Department 14-18 Human Resources,Human Resources

103119 HR-Safety Shoe Reimbursement Edit 10/31/2019 11/04/2019 11/04/2019 150.00Sub-Department 14-18 Human Resources,Human Resources Totals Invoices 1 0

Vendor 1822 - Jeremy Jensen Totals Invoices 1 $150.00Vendor 2934 - Charles MisnerSub-Department 14-18 Human Resources,Human Resources

112219 HR-MileageReimbursementForMuirhead&TomoAEDInsp11/20/19

Edit 11/22/2019 11/25/2019 11/25/2019 26.68

Sub-Department 14-18 Human Resources,Human Resources Totals Invoices 1 0

Vendor 2934 - Charles Misner Totals Invoices 1 $26.68Vendor 2857 - Larry ThompsonSub-Department 14-18 Human Resources,Human Resources


Vendor 2857 - Larry Thompson Totals Invoices 1 $99.99Vendor 1618 - Tyler Medical ServicesSub-Department 14-18 Human Resources,Human Resources

412244 HR-10 Panel Rapid DS Edit 10/25/2019 11/04/2019 11/04/2019 55.00412381 HR-Physical Exam Pre Placement Edit 10/30/2019 11/04/2019 11/04/2019 40.00412411 HR-Random Program Monthly

BillingEdit 10/31/2019 11/04/2019 11/04/2019 335.00

412113 HR-Yearly Random Management Fee

Edit 11/01/2019 11/19/2019 11/19/2019 375.00




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount412463 HR-10 Panel Rapid DS, Physical

Exam Pre PlacementEdit 11/01/2019 11/04/2019 11/04/2019 95.00

Sub-Department 14-18 Human Resources,Human Resources Totals Invoices 5 0

Vendor 1618 - Tyler Medical Services Totals Invoices 5 $900.00Vendor Warren RylkoSub-Department 14-18 Human Resources,Human Resources


Vendor Warren Rylko Totals Invoices 1 $125.99Sub-Department 14-18 Human Resources,Human Resources Totals Invoices 9 $1,302.66

Sub-Department 14-20 Human Resources,VolunteerVendor 1018 - Ace Hardware Aurora 15050Sub-Department 14-20 Human Resources,Volunteer

2510982 HR Vol-(2)5 Gal Bottle Water, (2) Deposit

Edit 08/14/2019 11/26/2019 11/26/2019 17.98

2511862 HR Vol-(2)DepositReturnForWaterBottles,CreditOrgInv#2510982

Edit 09/04/2019 11/26/2019 11/26/2019 (9.00)

Sub-Department 14-20 Human Resources,Volunteer Totals Invoices 2 0

Vendor 1018 - Ace Hardware Aurora 15050 Totals Invoices 2 $8.98Vendor 1680 - Menards BataviaSub-Department 14-20 Human Resources,Volunteer

28467 HR Vol-(4)Bow Rake Edit 11/08/2019 11/26/2019 11/26/2019 71.88Sub-Department 14-20 Human Resources,Volunteer Totals Invoices 1 0

Vendor 1680 - Menards Batavia Totals Invoices 1 $71.88Vendor Robb CleaveSub-Department 14-20 Human Resources,Volunteer

110619 HR Vol-Mileage Reimbursement 11/1/19

Edit 11/06/2019 11/12/2019 11/12/2019 43.42

Sub-Department 14-20 Human Resources,Volunteer Totals Invoices 1 0

Vendor Robb Cleave Totals Invoices 1 $43.42Sub-Department 14-20 Human Resources,Volunteer Totals Invoices 4 $124.28

Department 14 - Human Resources Totals Invoices 13 $1,426.94

14 Human Resources ___________________________________________________Department 21 - Operations & Maintenance

Sub-Department 21-21 Operations & Maintenance,Administrative




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 1735 - PDRMASub-Department 21-21 Operations & Maintenance,Administrative

1555597331 Ops Admin-Lunch Fee For Perez Cancellation 9/18/19

Edit 09/18/2019 11/04/2019 11/04/2019 50.00

1549144948 Ops Admin-ManagingEmployeePerformance10/24/19Estes

Edit 10/24/2019 11/04/2019 11/04/2019 50.00

1549893984 Ops Admin-ManagingEmployeePerformance10/24/19Smith

Edit 10/24/2019 11/04/2019 11/04/2019 50.00

1549902043 Ops Admin-ManagingEmployeePerformance10/24/19Siegmeier

Edit 10/24/2019 11/04/2019 11/04/2019 50.00

Sub-Department 21-21 Operations & Maintenance,Administrative Totals Invoices 4 0

Vendor 1735 - PDRMA Totals Invoices 4 $200.00Sub-Department 21-21 Operations & Maintenance,Administrative Totals Invoices 4 $200.00

Sub-Department 21-22 Operations & Maintenance,NorthVendor 1029 - Alarm Detection Systems IncSub-Department 21-22 Operations & Maintenance,North

1450531016 N Ops-Jon Duerr Quarterly Alarm Charges Svc 12/19-2/20

Paid by Check #117415 11/10/2019 11/18/2019 11/18/2019 11/22/2019 163.77

1691911018 N Ops-Tomo Chi Chi Quarterly Alarm Charges Svc 12/19-2/20

Paid by Check #117415 11/10/2019 11/18/2019 11/18/2019 11/22/2019 393.69

Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 2 0

Vendor 1029 - Alarm Detection Systems Inc Totals Invoices 2 $557.46Vendor 1033 - Allied Asphalt PavingSub-Department 21-22 Operations & Maintenance,North

226348 N Ops-6V Broken Asphalt Edit 10/19/2019 11/04/2019 11/04/2019 105.00Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1033 - Allied Asphalt Paving Totals Invoices 1 $105.00Vendor 1919 - AT&T Sub-Department 21-22 Operations & Maintenance,North

8474640549101119 N Ops-SupPhone,GenPhone,FaxLine,GasModemSvc10/25/19-11/24/19

Paid by Check #117389 10/25/2019 11/07/2019 11/07/2019 11/12/2019 189.94

84742860481119 N Ops-Tomo Chi Chi Lodge Long Distance Svc Thru 11/9/19

Paid by Check #117418 11/09/2019 11/18/2019 11/18/2019 11/22/2019 48.04


Vendor 1919 - AT&T Totals Invoices 2 $237.98Vendor 3175 - Blu Petroleum, Inc.




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-22 Operations & Maintenance,North

0031994IN N Ops-(100)Gal Gas Delivered To John Duerr 10/29/19

Paid by Check #117402 10/29/2019 11/14/2019 11/14/2019 11/14/2019 203.62

0032208IN N Ops-(848.8)GalGas,(180.1)GalDieselDeliveredToMuirhead11/1/19

Paid by Check #117402 11/01/2019 11/14/2019 11/14/2019 11/14/2019 2,151.84

0032781IN N Ops-(438.8)GalGas,(100.7)GalDieselDeliveredToMuirhead11/11/19

Paid by Check #117419 11/11/2019 11/18/2019 11/18/2019 11/22/2019 1,165.22


Vendor 3175 - Blu Petroleum, Inc. Totals Invoices 3 $3,520.68Vendor 2969 - Chicago Parts & Sound, LLCSub-Department 21-22 Operations & Maintenance,North

10109827 N Ops-(2) Rotor Brake, Pad Set, Brake Pads For Vehicle #325

Edit 10/28/2019 11/12/2019 11/12/2019 212.70


Vendor 2969 - Chicago Parts & Sound, LLC Totals Invoices 1 $212.70Vendor 1142 - City of ElginSub-Department 21-22 Operations & Maintenance,North

51735257451019 N Ops-Voyagers Drinking Fountain Svc 9/19/19-10/16/19

Paid by Check #117404 11/01/2019 11/14/2019 11/14/2019 11/14/2019 9.06

51735312781019 N Ops-Tyler Creek Residence & Sirens Svc 9/19/19-10/18/19

Paid by Check #117404 11/01/2019 11/14/2019 11/14/2019 11/14/2019 26.35


Vendor 1142 - City of Elgin Totals Invoices 2 $35.41Vendor 2027 - ComEdSub-Department 21-22 Operations & Maintenance,North

56730061371019 N Ops-Hoscheit Woods Svc 9/26/19-10/25/19

Paid by Check #117391 10/28/2019 11/07/2019 11/07/2019 11/12/2019 32.40

81850300481119 N Ops-Rutland Residence Meter #1 Svc 10/15/19-11/13/19

Paid by Check #117422 11/14/2019 11/18/2019 11/18/2019 11/22/2019 16.45

81850320331119 N Ops-Rutland Residence Meter #2 Svc 10/15/19-11/13/19

Paid by Check #117422 11/14/2019 11/18/2019 11/18/2019 11/22/2019 20.21

82695920451119 N Ops-Freeman Kame Svc 10/15/19-11/13/19

Paid by Check #117422 11/14/2019 11/18/2019 11/18/2019 11/22/2019 29.24

29731020391119 N Ops-Muirhead Restroom/Shelter Svc 10/16/19-11/14/19

Paid by Check #117422 11/15/2019 11/18/2019 11/18/2019 11/22/2019 29.02


Vendor 2027 - ComEd Totals Invoices 5 $127.32Vendor 2806 - Commercial Tire Service




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1110121318 N Ops-(2)Air Craft Recap, (2) Tube

Edit 10/24/2019 11/12/2019 11/12/2019 464.00


Vendor 2806 - Commercial Tire Service Totals Invoices 1 $464.00Vendor 1180 - Culligan Tri City Water SWS Sub-Department 21-22 Operations & Maintenance,North

18181 N Ops-NOpsFacSulphurCleer&Mark80Svc11/1/19-11/30/19

Paid by Check #117406 10/28/2019 11/14/2019 11/14/2019 11/14/2019 80.00

18221 N Ops-Tomo Chi Chi Medalist Softener Svc 11/1/19-11/30/19

Paid by Check #117406 10/28/2019 11/14/2019 11/14/2019 11/14/2019 29.00


Vendor 1180 - Culligan Tri City Water SWS Totals Invoices 2 $109.00Vendor 3316 - Cunningham Associates, Inc. DBA Cunningham RecreatSub-Department 21-22 Operations & Maintenance,North

35676 N Ops-(15) 6' Aluminum Picnic Table, PO#15970

Edit 11/07/2019 11/26/2019 11/26/2019 7,493.50


Vendor 3316 - Cunningham Associates, Inc. DBA Cunningham Recreat Totals Invoices 1 $7,493.50Vendor 2928 - Discovery Benefits, Inc.Sub-Department 21-22 Operations & Maintenance,North

0001078533IN Various Departments-October 2019 FSA

Paid by Check #117397 10/31/2019 11/12/2019 11/12/2019 11/14/2019 83.30


Vendor 2928 - Discovery Benefits, Inc. Totals Invoices 1 $83.30Vendor 1220 - Elgin Key & Lock Co IncSub-Department 21-22 Operations & Maintenance,North

191770 N Ops-(6)Padlocks Edit 11/19/2019 11/26/2019 11/26/2019 146.39Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1220 - Elgin Key & Lock Co Inc Totals Invoices 1 $146.39Vendor 1238 - First Environmental LabSub-Department 21-22 Operations & Maintenance,North

151134 N Ops-Tomo Water Supply Edit 10/24/2019 11/04/2019 11/04/2019 135.00Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1238 - First Environmental Lab Totals Invoices 1 $135.00Vendor 2585 - Fox Valley Internet Inc




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2426252 N Ops-Muirhead Springs Svc 3/21/19-4/20/19

Paid by Check #117407 03/21/2019 11/14/2019 11/14/2019 11/14/2019 59.95


Vendor 2585 - Fox Valley Internet Inc Totals Invoices 1 $59.95Vendor 2337 - G W Berkheimer Co IncSub-Department 21-22 Operations & Maintenance,North

551324 N Ops-(4)Fan Delay Edit 10/30/2019 11/12/2019 11/12/2019 64.20Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 2337 - G W Berkheimer Co Inc Totals Invoices 1 $64.20Vendor 1254 - G&L Septic ServiceSub-Department 21-22 Operations & Maintenance,North

16704 N Ops-LargeDumpTank,(2)Dump,(2)Bathroom @ Paul Wolff

Edit 11/06/2019 11/12/2019 11/12/2019 1,780.00

16706 N Ops-3rd Dump Tank In Front Of Park @ Paul Wolff

Edit 11/06/2019 11/19/2019 11/19/2019 295.00

16707 N Ops-(2)Romtecs @ Buffalo Park Edit 11/09/2019 11/19/2019 11/19/2019 640.0016753 N Ops-

(2)Tanks@Muirhead,Tank@Raceway,Tank@Hoscheit

Edit 11/19/2019 11/26/2019 11/26/2019 1,180.00


Vendor 1254 - G&L Septic Service Totals Invoices 4 $3,895.00Vendor 1267 - GraingerSub-Department 21-22 Operations & Maintenance,North

9331895582 N Ops-Reflective Tape, PO#15982 Edit 10/22/2019 11/04/2019 11/04/2019 99.96Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1267 - Grainger Totals Invoices 1 $99.96Vendor 1378 - Kirkland SawmillSub-Department 21-22 Operations & Maintenance,North

112119 N Ops/TR-(2)2x8x14,(4)2x10x10 Edit 11/21/2019 11/26/2019 11/26/2019 175.78Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1378 - Kirkland Sawmill Totals Invoices 1 $175.78Vendor 1680 - Menards BataviaSub-Department 21-22 Operations & Maintenance,North

28151 N Ops/S Ops-(8)Green Treated Lumber

Edit 11/04/2019 11/19/2019 11/19/2019 928.91


Vendor 1680 - Menards Batavia Totals Invoices 1 $928.91




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 1679 - Menards CarpentersvilleSub-Department 21-22 Operations & Maintenance,North

45958 N Ops-LEDFlashlight,FoldingKnife,2LbHammer,100PkStakeFlags

Edit 09/23/2019 11/26/2019 11/26/2019 71.43

47595 N Ops-AirRegulator,PressureGauge,1/4"Coupler,(2)GalvNipple

Edit 10/29/2019 11/04/2019 11/04/2019 21.51

47618 N Ops-(8)Tension Pin Edit 10/29/2019 11/12/2019 11/12/2019 2.3247646 N Ops-(2)PkgsAntiFreeze,

(12)1/2GalvCross,(15)GalvPlug,(5)GalvTee

Edit 10/30/2019 11/12/2019 11/12/2019 103.06

47808 N Ops-(18)Lumber, 6' Pipe Heating Cable, 3M Electric Tape

Edit 11/02/2019 11/12/2019 11/12/2019 171.94

47810 N Ops-Return Of (8) Lumber, Org Inv#47808

Edit 11/02/2019 11/12/2019 11/12/2019 (66.96)

47920 N Ops-(4)Lumber,4PcHexBolt,16PcHexNut,16PcLockWasher

Edit 11/05/2019 11/12/2019 11/12/2019 40.74

48391 N Ops-(2)Oil Filled Rad Heater, (7)Clipboard

Edit 11/15/2019 11/26/2019 11/26/2019 100.52


Vendor 1679 - Menards Carpentersville Totals Invoices 8 $444.56Vendor 1678 - Menards ElginSub-Department 21-22 Operations & Maintenance,North

79088 N Ops-Clorox Bleach Refill Edit 10/24/2019 11/04/2019 11/04/2019 9.9779479 N Ops-(8)HexBolt,

(4)DRing,SteelSolidFlat,GelLube,(2)MagneticHldr

Edit 10/30/2019 11/12/2019 11/12/2019 110.21

79516 N Ops-(20)HoseBib,(2)ComboWrench,(4)GalvPlug,(6)TelfonTape

Edit 10/31/2019 11/12/2019 11/12/2019 184.54

79524 N Ops-(3)Galv Nipple, (3)1/2" Black Cap

Edit 10/31/2019 11/12/2019 11/12/2019 23.64

79584 N Ops-S Ops-(24)Cedar Lumber Edit 11/01/2019 11/19/2019 11/19/2019 2,435.7679631 N Ops-(2) Lumber Edit 11/01/2019 11/12/2019 11/12/2019 16.7479798 N Ops-Boiler Drain, Galv Bushing,

Galv Plug, Galv NippleEdit 11/04/2019 11/19/2019 11/19/2019 17.29

79835 N Ops-(2)1GalYellowPaint,(12)1GalAntiFreeze,(3)DuckTape

Edit 11/05/2019 11/19/2019 11/19/2019 127.56

79839 N Ops-Cast Iron Sump Pump Edit 11/05/2019 11/19/2019 11/19/2019 189.0079845 N Ops-(5)50PcHeadLagScrew,

(2)DriveBit,(2)Torx,(2)ImpactBitEdit 11/05/2019 11/12/2019 11/12/2019 175.90

79848 N Ops-1 Gal Paint,3" Trim Brush,2Pk Paint Roller Cover

Edit 11/05/2019 11/19/2019 11/19/2019 26.26




Packet Pg. 11




















Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount79858 N Ops-

UtilityPump,CheckValve,BoilerDrain,(2)GalvBushing

Edit 11/05/2019 11/19/2019 11/19/2019 134.18

79906 N Ops-Return Of Cast Iron Sump Pump, Org Inv#79839

Edit 11/06/2019 11/19/2019 11/19/2019 (189.00)

79910 N Ops-CastIronSumpPump,(2)GearTie,24"TwistTie,GalvBushing

Edit 11/06/2019 11/19/2019 11/19/2019 189.08

80335 N Ops-2-1/2"x60Yds Foil Tape Edit 11/13/2019 11/26/2019 11/26/2019 15.9980339 N Ops-(4)SteelRackingBeam,

(2)SteelEndFrame,(4)4"WireEdit 11/13/2019 11/26/2019 11/26/2019 133.50

80386 N Ops-(2)StlEndFrame,(4)RckngBeam,(3)Wire,(2)Seafoam,PrngHook

Edit 11/14/2019 11/26/2019 11/26/2019 147.90

80466 N Ops-(3)Movers Blanket, Dust Pan

Edit 11/15/2019 11/26/2019 11/26/2019 18.95

80647 N Ops-6Pk Sponges,(2)All Purp Cleaner, 3Pk Scour Pad

Edit 11/18/2019 11/26/2019 11/26/2019 18.36


Vendor 1678 - Menards Elgin Totals Invoices 19 $3,785.83Vendor 1447 - Napa Elburn Auto PartsSub-Department 21-22 Operations & Maintenance,North

750647 N Ops-(2)Fuel Injector For Vehicle #319

Edit 10/03/2019 11/26/2019 11/26/2019 72.42

755757 N Ops-Fuel Module For Vehicle #322

Edit 11/07/2019 11/26/2019 11/26/2019 327.25


Vendor 1447 - Napa Elburn Auto Parts Totals Invoices 2 $399.67Vendor 1449 - Napa Elgin Auto PartsSub-Department 21-22 Operations & Maintenance,North

965928 N Ops-Muffler Bandage Edit 11/13/2019 11/26/2019 11/26/2019 4.49Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1449 - Napa Elgin Auto Parts Totals Invoices 1 $4.49Vendor 1270 - Napa Hampshire Auto PartsSub-Department 21-22 Operations & Maintenance,North

538091 N Ops-2.5GalExhaustFluid,(2)ElectronicCleaner,(5)MicroFuse

Edit 10/29/2019 11/12/2019 11/12/2019 28.30

539412 N Ops-Green & Red Toggle For Vehicle #327

Edit 11/12/2019 11/19/2019 11/19/2019 17.14

539646 N Ops-Break Away Kit For TR#310

Edit 11/14/2019 11/26/2019 11/26/2019 49.99

539951 N Ops-Battery For Tractor Edit 11/18/2019 11/26/2019 11/26/2019 109.55




Packet Pg. 12
















Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount540163 N Ops-

(2)2.5GalDieselExhaustFluid,(2)Connector,(2)Fuse

Edit 11/20/2019 11/26/2019 11/26/2019 51.06


Vendor 1270 - Napa Hampshire Auto Parts Totals Invoices 5 $256.04Vendor 1272 - Napa Hawks Auto Parts Sub-Department 21-22 Operations & Maintenance,North

182134 N Ops-(2)Hydfluid,(2)SprayGrease,(3)LithiumGrease,(2)LectraClnr

Edit 10/28/2019 11/04/2019 11/04/2019 63.22


Vendor 1272 - Napa Hawks Auto Parts Totals Invoices 1 $63.22Vendor 2587 - Nicor GasSub-Department 21-22 Operations & Maintenance,North

947740071431019 N Ops-Jon Duerr Shop Svc 9/27/19-10/29/19

Paid by Check #117393 10/30/2019 11/07/2019 11/07/2019 11/12/2019 55.89


Vendor 2587 - Nicor Gas Totals Invoices 1 $55.89Vendor 1989 - Office DepotSub-Department 21-22 Operations & Maintenance,North

394672968001 N Ops-3PkToner,Toner,(2)TapeLettering,2PkTape,PO#15983

Edit 10/25/2019 11/19/2019 11/19/2019 681.71


Vendor 1989 - Office Depot Totals Invoices 1 $681.71Vendor 2147 - Peerless FenceSub-Department 21-22 Operations & Maintenance,North

86087 N Ops-Schweitzer Woods New Swing Gate, PO#15985

Edit 11/15/2019 11/26/2019 11/26/2019 1,767.00


Vendor 2147 - Peerless Fence Totals Invoices 1 $1,767.00Vendor 3022 - Preventative MaintenanceSub-Department 21-22 Operations & Maintenance,North

212927 N Ops-Safety Test for TR#308 Edit 09/24/2019 11/26/2019 11/26/2019 37.00212950 N Ops-Safety Test For M#318 &

#320Edit 09/27/2019 11/26/2019 11/26/2019 74.00

213400 N Ops-Safety Test For Vehicle #310

Edit 11/15/2019 11/26/2019 11/26/2019 37.00





Packet Pg. 13










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 3022 - Preventative Maintenance Totals Invoices 3 $148.00

Vendor 2136 - Priority ProductsSub-Department 21-22 Operations & Maintenance,North

943550 N Ops-(2)Hose Assembly, (40) Round Wire Spring Guard

Edit 10/21/2019 11/04/2019 11/04/2019 222.39


Vendor 2136 - Priority Products Totals Invoices 1 $222.39Vendor 1511 - Ralph Helm IncSub-Department 21-22 Operations & Maintenance,North

317920 N Ops-Belt-V,Regulator/Rectifier, (3) Wire EndForMower#318&#319

Edit 10/25/2019 11/04/2019 11/04/2019 228.12

318095 N Ops-Carburetor, Flywheel Fan Edit 10/28/2019 11/04/2019 11/04/2019 153.06318113 N Ops-AirGuideShroud,

(2)Shutter,SplineScrewForChainsaw#22#31

Edit 10/28/2019 11/04/2019 11/04/2019 19.57

319180 N Ops-(3) V Belt, 20" Bar Edit 11/21/2019 11/26/2019 11/26/2019 470.34Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 4 0

Vendor 1511 - Ralph Helm Inc Totals Invoices 4 $871.09Vendor 1804 - Reinders IncSub-Department 21-22 Operations & Maintenance,North

180806600 N Ops-V Belt Edit 10/24/2019 11/04/2019 11/04/2019 132.10Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1804 - Reinders Inc Totals Invoices 1 $132.10Vendor 1521 - Rental Max LLCSub-Department 21-22 Operations & Maintenance,North

3892183 N Ops-(2)1/2" Chicago Fitting Edit 10/29/2019 11/04/2019 11/04/2019 10.00Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0

Vendor 1521 - Rental Max LLC Totals Invoices 1 $10.00Vendor 1538 - Russo's Power EquipmentSub-Department 21-22 Operations & Maintenance,North

SPI10003001 N Ops-(2)10" Wedge,(2)7.5" Felling Wedge

Edit 10/04/2019 11/26/2019 11/26/2019 40.48


Vendor 1538 - Russo's Power Equipment Totals Invoices 1 $40.48Vendor 2458 - State Industrial ProductsSub-Department 21-22 Operations & Maintenance,North

901242212 N Ops-Air Care Program Edit 11/04/2019 11/12/2019 11/12/2019 106.09Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 1 0




Packet Pg. 14










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 2458 - State Industrial Products Totals Invoices 1 $106.09

Vendor 1605 - Thompson Auto Supply Inc aka Bumper to BumperSub-Department 21-22 Operations & Maintenance,North

478505616 N Ops-(10)Spark Plugs, (10)Coil For Vehicle #320

Edit 11/19/2019 11/26/2019 11/26/2019 143.90


Vendor 1605 - Thompson Auto Supply Inc aka Bumper to Bumper Totals Invoices 1 $143.90Vendor 3134 - Via Carlita LLC DBA Hawk Ford of St CharlesSub-Department 21-22 Operations & Maintenance,North

20352 N Ops-(2)Link Assembly For Vehicle #318

Edit 10/22/2019 11/12/2019 11/12/2019 211.70

21046 N Ops-Tube For Vehicle #324 Edit 11/13/2019 11/26/2019 11/26/2019 38.56Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 2 0

Vendor 3134 - Via Carlita LLC DBA Hawk Ford of St Charles Totals Invoices 2 $250.26Vendor 1643 - Village of CarpentersvilleSub-Department 21-22 Operations & Maintenance,North

195300919 N Ops-Carpentersville Dam Svc 8/16/19-10/17/19

Paid by Check #117395 11/01/2019 11/07/2019 11/07/2019 11/12/2019 63.11


Vendor 1643 - Village of Carpentersville Totals Invoices 1 $63.11Vendor 1777 - Waste ManagementSub-Department 21-22 Operations & Maintenance,North

001722027545 N Ops/S Ops-Refuse Pickup For October 2019

Paid by Check #117425 11/04/2019 11/18/2019 11/18/2019 11/22/2019 1,052.42


Vendor 1777 - Waste Management Totals Invoices 1 $1,052.42Vendor 1658 - West Side Electric Supply IncSub-Department 21-22 Operations & Maintenance,North

300036376 N Ops-(3)20W LED Bulk Head Fixture Black Finish

Edit 10/19/2019 11/04/2019 11/04/2019 257.55


Vendor 1658 - West Side Electric Supply Inc Totals Invoices 1 $257.55Sub-Department 21-22 Operations & Maintenance,North Totals Invoices 89 $29,207.34

Sub-Department 21-23 Operations & Maintenance,SouthVendor 3305 - AEP Energy, Inc.Sub-Department 21-23 Operations & Maintenance,South

39999001311019 Various Departments-Electric Charges Svc 9/19 & 10/19

Paid by Check #117387 10/31/2019 11/07/2019 11/07/2019 11/12/2019 11,477.53

Sub-Department 21-23 Operations & Maintenance,South Totals Invoices 1 0




Packet Pg. 15











Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 3305 - AEP Energy, Inc. Totals Invoices 1 $11,477.53

Vendor 1029 - Alarm Detection Systems IncSub-Department 21-23 Operations & Maintenance,South

1673381016 S Ops-Maintenance Bldg Quarterly Alarm Charges 12/19-2/20

Paid by Check #117415 11/10/2019 11/18/2019 11/18/2019 11/22/2019 160.65

248201046 S Ops-Grunwald Farms Quarterly Alarm Charges 12/19-2/20

Paid by Check #117415 11/10/2019 11/18/2019 11/18/2019 11/22/2019 905.04


Vendor 1029 - Alarm Detection Systems Inc Totals Invoices 2 $1,065.69Vendor 1942 - Arends Hogan Walker LLC aka AHW LLCSub-Department 21-23 Operations & Maintenance,South

10044740 S Ops-Switch, Union Nut For Gator #406

Edit 10/23/2019 11/04/2019 11/04/2019 22.27


Vendor 1942 - Arends Hogan Walker LLC aka AHW LLC Totals Invoices 1 $22.27Vendor 1919 - AT&T Sub-Department 21-23 Operations & Maintenance,South

6305564604101119 S Ops-Big Rock Campground Svc 10/25/19-11/24/19

Paid by Check #117389 10/25/2019 11/07/2019 11/07/2019 11/12/2019 250.95

6305570192101119 S Ops-Fax,GasModem,SupPhone,GenLine,InternetSvc10/25/19-11/24/19

Paid by Check #117417 10/25/2019 11/18/2019 11/18/2019 11/22/2019 283.10

6302087523111119 S Ops-Horticultural Shop Svc 11/1/19-11/30/19

Paid by Check #117400 11/01/2019 11/14/2019 11/14/2019 11/14/2019 62.55

6305840670111119 S Ops-Campton Gas Modem Svc 11/4/19-12/3/19

Paid by Check #117400 11/04/2019 11/14/2019 11/14/2019 11/14/2019 61.26


Vendor 1919 - AT&T Totals Invoices 4 $657.86Vendor 2392 - AT&T Long DistanceSub-Department 21-23 Operations & Maintenance,South

8566325001019 S Ops-Supervisor & General Line Svc 10/19

Paid by Check #117401 10/26/2019 11/14/2019 11/14/2019 11/14/2019 100.76


Vendor 2392 - AT&T Long Distance Totals Invoices 1 $100.76Vendor 3175 - Blu Petroleum, Inc.Sub-Department 21-23 Operations & Maintenance,South

0031779IN S Ops-(477.6)Gal Gas Delivered To Fabyan 10/25/19

Paid by Check #117390 10/25/2019 11/07/2019 11/07/2019 11/12/2019 971.53

0032516IN S Ops-(952)Gal Gas Delivered To Grunwald 11/7/19

Paid by Check #117419 11/07/2019 11/18/2019 11/18/2019 11/22/2019 1,930.28




Packet Pg. 16




















Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount0032571IN S Ops-(261.8)Gal Gas Delivered

To Fabyan 11/7/19Paid by Check #117419 11/07/2019 11/18/2019 11/18/2019 11/22/2019 530.82

0032696IN S Ops-(300)Gal Diesel Delivered To Grunwald 11/7/19

Paid by Check #117419 11/07/2019 11/18/2019 11/18/2019 11/22/2019 756.00


Vendor 3175 - Blu Petroleum, Inc. Totals Invoices 4 $4,188.63Vendor 1102 - Buck Bros IncSub-Department 21-23 Operations & Maintenance,South

241597 S Ops-12V Demo Edit 11/22/2019 11/26/2019 11/26/2019 313.98241643 S Ops-Wiring Harness Edit 11/22/2019 11/26/2019 11/26/2019 115.53


Vendor 1102 - Buck Bros Inc Totals Invoices 2 $429.51Vendor 1141 - City of BataviaSub-Department 21-23 Operations & Maintenance,South

492000815001019 S Ops-Les Arends Park Water Charges Svc 9/23/19-10/22/19

Paid by Check #117403 11/07/2019 11/14/2019 11/14/2019 11/14/2019 8.40


Vendor 1141 - City of Batavia Totals Invoices 1 $8.40Vendor 1144 - City of GenevaSub-Department 21-23 Operations & Maintenance,South

1980034000021019 S Ops-Fabyan Garage Svc 10/1/19-11/1/19

Paid by Check #117420 11/15/2019 11/18/2019 11/18/2019 11/22/2019 174.64

1980034400001019 S Ops-Fabyan Shop Svc 10/1/19-11/1/19

Paid by Check #117420 11/15/2019 11/18/2019 11/18/2019 11/22/2019 33.02

1980034550001019 S Ops-Fabyan Viking Barn Svc 10/1/19-11/1/19

Paid by Check #117420 11/15/2019 11/18/2019 11/18/2019 11/22/2019 60.80

1980034600001019 S Ops-Fabyan Villa Museum Svc 10/1/19-11/1/19

Paid by Check #117420 11/15/2019 11/18/2019 11/18/2019 11/22/2019 475.67

1980041750001019 S Ops-Fabyan Windmill/Shelter #3 Svc 10/1/19-11/1/19

Paid by Check #117420 11/15/2019 11/18/2019 11/18/2019 11/22/2019 45.65


Vendor 1144 - City of Geneva Totals Invoices 5 $789.78Vendor 2027 - ComEdSub-Department 21-23 Operations & Maintenance,South

22501530071019 S Ops-Cherry Ln & Kirk Rd Light Svc 9/30/19-10/29/19

Paid by Check #117391 10/29/2019 11/07/2019 11/07/2019 11/12/2019 110.43

23760510371019 S Ops-Prairie Kame Sauer Svc 10/1/19-10/30/19

Paid by Check #117391 10/30/2019 11/07/2019 11/07/2019 11/12/2019 30.23

67343060111019 S Ops-Grunwald Restroom Svc 10/1/19-10/30/19

Paid by Check #117391 10/31/2019 11/07/2019 11/07/2019 11/12/2019 76.11




Packet Pg. 17

























Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount74174640001019 S Ops-Glenwood Park Svc

10/8/19-11/6/19Paid by Check #117405 11/07/2019 11/14/2019 11/14/2019 11/14/2019 41.54


Vendor 2027 - ComEd Totals Invoices 4 $258.31Vendor 1168 - Coon Creek Sod FarmsSub-Department 21-23 Operations & Maintenance,South

5321 S Ops-(105)Straw Bales @ Fabyan Sled Hill

Edit 11/15/2019 11/26/2019 11/26/2019 677.25


Vendor 1168 - Coon Creek Sod Farms Totals Invoices 1 $677.25Vendor 1180 - Culligan Tri City Water SWS Sub-Department 21-23 Operations & Maintenance,South

18182 S Ops-MaintGarageSulphurCleer&RentalMark89Svc11/1/19-11/30/19

Paid by Check #117406 10/28/2019 11/14/2019 11/14/2019 11/14/2019 81.00

18210 S Ops-Big Rock HE Softener Svc 11/1/19-11/30/19

Paid by Check #117406 10/28/2019 11/14/2019 11/14/2019 11/14/2019 41.00

18228 S Ops-GrunwaldFarmsMedalistSoftenerSvc11/1/19-11/30/19

Paid by Check #117406 10/28/2019 11/14/2019 11/14/2019 11/14/2019 29.00


Vendor 1180 - Culligan Tri City Water SWS Totals Invoices 3 $151.00Vendor 3316 - Cunningham Associates, Inc. DBA Cunningham RecreatSub-Department 21-23 Operations & Maintenance,South

35677 S Ops-(15)6' Aluminum Picnic Table, PO#15971

Edit 11/07/2019 11/26/2019 11/26/2019 7,493.50


Vendor 3316 - Cunningham Associates, Inc. DBA Cunningham Recreat Totals Invoices 1 $7,493.50Vendor 2955 - Fine GardeningSub-Department 21-23 Operations & Maintenance,South

SlowiakYear3 S Ops-1 Year Subscription Janice Slowiak

Edit 11/13/2019 11/26/2019 11/26/2019 29.95


Vendor 2955 - Fine Gardening Totals Invoices 1 $29.95Vendor 1254 - G&L Septic ServiceSub-Department 21-23 Operations & Maintenance,South

16655 S Ops-Oakhurst Men's Tank By Shelter

Edit 10/25/2019 11/04/2019 11/04/2019 295.00





Packet Pg. 18













Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 1254 - G&L Septic Service Totals Invoices 1 $295.00

Vendor 1019 - Geneva Ace HardwareSub-Department 21-23 Operations & Maintenance,South

767451 SOps/HR/NR-(3)Helmet System Edit 10/22/2019 11/26/2019 11/26/2019 248.85767631 S Ops-Hex Nuts Edit 10/23/2019 11/04/2019 11/04/2019 6.74


Vendor 1019 - Geneva Ace Hardware Totals Invoices 2 $255.59Vendor 1267 - GraingerSub-Department 21-23 Operations & Maintenance,South

9329730536 S Ops-(16)Leather Gloves, (6)Rubber Gloves, PO#15868

Edit 10/21/2019 11/12/2019 11/12/2019 211.90

9330402265 S Ops-(36)SafetyGlasses,(26)CoatedGloves,(18)DspsblGlvs,PO#15874

Edit 10/21/2019 11/19/2019 11/19/2019 602.97


Vendor 1267 - Grainger Totals Invoices 2 $814.87Vendor 3240 - Iowa Farm EquipmentSub-Department 21-23 Operations & Maintenance,South

20191129 S Ops-3 Point Linkage Arch, Anti Shock Pivot Link

Edit 10/02/2019 11/19/2019 11/19/2019 1,276.80


Vendor 3240 - Iowa Farm Equipment Totals Invoices 1 $1,276.80Vendor 1386 - LaFarge North AmericaSub-Department 21-23 Operations & Maintenance,South

711763144 S Ops-(12.98)Tons Of Road Rock Edit 10/25/2019 11/12/2019 11/12/2019 102.54Sub-Department 21-23 Operations & Maintenance,South Totals Invoices 1 0

Vendor 1386 - LaFarge North America Totals Invoices 1 $102.54Vendor 2141 - Martin Implement Sales Inc Sub-Department 21-23 Operations & Maintenance,South

A72986 S Ops-Seat Belt Edit 11/06/2019 11/12/2019 11/12/2019 130.90A73111 S Ops-(2) Gas Spring Edit 11/12/2019 11/19/2019 11/19/2019 83.88A73367 S Ops-(2) Needle Bearing, Rim

SprocketEdit 11/21/2019 11/25/2019 11/25/2019 25.87


Vendor 2141 - Martin Implement Sales Inc Totals Invoices 3 $240.65Vendor 1680 - Menards Batavia




Packet Pg. 19










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-23 Operations & Maintenance,South

25378A S Ops-ReturnOfMainLugs,(3)PoleBreaker,GFICover,OrgInv#25361

Edit 09/27/2019 11/26/2019 11/26/2019 (122.18)

26891 S Ops-Return Of (6) Lumber, Org Inv#27121

Edit 10/17/2019 11/26/2019 11/26/2019 (59.88)

26907 S Ops-(3)Stops Rust Flat Black Edit 10/17/2019 11/26/2019 11/26/2019 11.9427285 S Ops-(2)4Pc Hex Bolt, (3) Spring

SnapEdit 10/23/2019 11/04/2019 11/04/2019 14.33

27293 S Ops-(2) 4 Gallon Water Edit 10/23/2019 11/04/2019 11/04/2019 7.3827421 S Ops-(2)Tank Exchange, (4)9Pc

Carr Bolt, 20Pc LocknutEdit 10/25/2019 11/04/2019 11/04/2019 42.04

27441 S Ops-(3)4'x100'SafetySnowFence,(5)4'GardenStake,8"BlkTie

Edit 10/25/2019 11/04/2019 11/04/2019 142.76

27632 S Ops-(5)Ice & Water Barrier, 1" Galv Roofing Nail

Edit 10/28/2019 11/04/2019 11/04/2019 297.93

27710 S Ops-(3)Ice&WaterBarrier,SelfSealingIce&WaterBarrier,1"GalvNail

Edit 10/29/2019 11/04/2019 11/04/2019 247.94

27890 S Ops-5Pk Saw Blades, (2) 3Pc Paint Brush

Edit 10/31/2019 11/12/2019 11/12/2019 29.97

28154 S Ops-(5)4'x100'Safety Snow Fence, 8" Black Tie Bags 1000Ct

Edit 11/04/2019 11/12/2019 11/12/2019 172.75

28320 S Ops-63Pc Hex Nut, 14Pc Carr Bolt

Edit 11/06/2019 11/26/2019 11/26/2019 4.59

28857 S Ops-100Pk AAA Batteries, 100Pk AA Batteries

Edit 11/14/2019 11/26/2019 11/26/2019 39.98

28862 S Ops-Foam/FoilDuct,(5)ButtSplice,(2)8PcHexBolt,40PcLockNut

Edit 11/14/2019 11/26/2019 11/26/2019 57.49

28928 S Ops-(3)4Pk9VBattery,ClampLight,65WBrkr,(2)ValveCaps

Edit 11/15/2019 11/25/2019 11/25/2019 59.36

29025 S Ops-(2)Oil Filled Rad Heater,Plug Locker

Edit 11/16/2019 11/26/2019 11/26/2019 102.01

29276 S Ops-10PkHvyDutyBungee,2PkRatchet,(2)ToiletBwlClnr,Tarp

Edit 11/20/2019 11/25/2019 11/25/2019 37.65

29638 S Ops-7"TurboBlade,1LbExteriorDeckScrews,7'CuttingWheel

Edit 11/25/2019 11/26/2019 11/26/2019 24.67


Vendor 1680 - Menards Batavia Totals Invoices 18 $1,110.73Vendor 1447 - Napa Elburn Auto Parts




Packet Pg. 20



















Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-23 Operations & Maintenance,South

753968 S Ops-(2)Brake Fluid DOT 3 Edit 10/25/2019 11/04/2019 11/04/2019 10.58754027 S Ops-Air Filter, (3) Motor Oil For

Vehicle #436Edit 10/25/2019 11/04/2019 11/04/2019 33.41

754687 S Ops-Brake Away Kit, Rechargeable Battery

Edit 10/30/2019 11/04/2019 11/04/2019 53.30

754787 S Ops-(2)Concentrate Fuel Stabilizer, Slide Terminal

Edit 10/31/2019 11/12/2019 11/12/2019 11.40

755000 S Ops-Break Away Trailer Switch Edit 11/01/2019 11/12/2019 11/12/2019 12.33755552 S Ops-

(2)ElectricCleaner,ClearSealAsst,GorillaGlue,(2)CnctrKit

Edit 11/06/2019 11/12/2019 11/12/2019 49.13

755892 S Ops-Hydraulic Fluid Edit 11/08/2019 11/19/2019 11/19/2019 53.99756366 S Ops-

9"LEDBarSngl,5.5"LEDBarSngl,ValuePk,(2)EPDMWthrstrp

Edit 11/12/2019 11/26/2019 11/26/2019 194.94

756392 S Ops-LEDLightBar,HarnessDual,CreditForRtrnOfLEDBarInv#756366

Edit 11/12/2019 11/26/2019 11/26/2019 73.87

757537 S Ops-Lock Pin Edit 11/20/2019 11/25/2019 11/25/2019 3.77758110 S Ops-5W20 Motor Oil Edit 11/24/2019 11/26/2019 11/26/2019 14.99


Vendor 1447 - Napa Elburn Auto Parts Totals Invoices 11 $511.71Vendor 1490 - Pomp's Tire Service IncSub-Department 21-23 Operations & Maintenance,South

330147603 S Ops-(45)Scrap Disposal Fee Edit 11/06/2019 11/12/2019 11/12/2019 112.50Sub-Department 21-23 Operations & Maintenance,South Totals Invoices 1 0

Vendor 1490 - Pomp's Tire Service Inc Totals Invoices 1 $112.50Vendor 3022 - Preventative MaintenanceSub-Department 21-23 Operations & Maintenance,South

213052 S Ops-SafetyTestForVehicle#416,433,438,&TR#432,410,401

Edit 10/07/2019 11/12/2019 11/12/2019 308.00

213094 S Ops-SafetyTestsForVehicle#437,411,428,422,430,&TR#407

Edit 10/11/2019 11/12/2019 11/12/2019 229.00

213270 S Ops-SafetyTestsForVehicle#435,429,434,425,417,&TR#406

Edit 10/30/2019 11/12/2019 11/12/2019 293.00

213296 S Ops-Safety Test For TR#401 & #16

Edit 11/01/2019 11/25/2019 11/25/2019 42.00


Vendor 3022 - Preventative Maintenance Totals Invoices 4 $872.00




Packet Pg. 21

















Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount

Vendor 1512 - Randall Pressure Systems IncSub-Department 21-23 Operations & Maintenance,South

I304550 S Ops-(158)WireHose,(14)SpringGuard,(4)GrappleBucket&HydHose

Edit 11/10/2019 11/26/2019 11/26/2019 263.89


Vendor 1512 - Randall Pressure Systems Inc Totals Invoices 1 $263.89Vendor 1804 - Reinders IncSub-Department 21-23 Operations & Maintenance,South

181091500 S Ops-Adaptor Asm, Safety Switch, Latch Draw

Edit 11/15/2019 11/25/2019 11/25/2019 288.22


Vendor 1804 - Reinders Inc Totals Invoices 1 $288.22Vendor 2014 - Rondo Enterprises IncSub-Department 21-23 Operations & Maintenance,South

126521 S Ops-12V Breakaway Battery Charger

Edit 10/31/2019 11/12/2019 11/12/2019 9.95


Vendor 2014 - Rondo Enterprises Inc Totals Invoices 1 $9.95Vendor 1074 - Service Sanitation IncSub-Department 21-23 Operations & Maintenance,South

7823224 S Ops-Basic Portable Restroom, Damage Waiver 10/25/19

Edit 10/28/2019 11/12/2019 11/12/2019 157.00


Vendor 1074 - Service Sanitation Inc Totals Invoices 1 $157.00Vendor 2458 - State Industrial ProductsSub-Department 21-23 Operations & Maintenance,South

901228011 S Ops-Air Care Program Edit 10/23/2019 11/04/2019 11/04/2019 191.58901269268 S Ops-Air Care Program Edit 11/22/2019 11/26/2019 11/26/2019 191.58


Vendor 2458 - State Industrial Products Totals Invoices 2 $383.16Vendor 2847 - Sugar Grove AceSub-Department 21-23 Operations & Maintenance,South

80821 S Ops-(2)Locking Cable 6' Python Edit 10/08/2019 11/26/2019 11/26/2019 39.9881761 S Ops-(2)28Oz Liquid Nails, Black

Oxide Drill BitEdit 10/22/2019 11/12/2019 11/12/2019 25.97

82361 S Ops-2Pk Propane Fuel, (2) Cylinder Propane

Edit 11/01/2019 11/12/2019 11/12/2019 17.97

83471 S Ops-Tape Mounting, Thermometer

Edit 11/17/2019 11/26/2019 11/26/2019 8.18




Packet Pg. 22











Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount83591 S Ops-Auger Plastic, Drain

CleanerEdit 11/18/2019 11/25/2019 11/25/2019 29.98


Vendor 2847 - Sugar Grove Ace Totals Invoices 5 $122.08Vendor 1599 - The Needham ShopSub-Department 21-23 Operations & Maintenance,South

28261 S Ops-(4.5)HoursLabor,(17.5)SquareTube,(7.5)Angle,(5)FlatSteel

Edit 10/16/2019 11/25/2019 11/25/2019 588.70


Vendor 1599 - The Needham Shop Totals Invoices 1 $588.70Vendor 1605 - Thompson Auto Supply Inc aka Bumper to BumperSub-Department 21-23 Operations & Maintenance,South

479409887 S Ops-Water Filter Edit 11/12/2019 11/19/2019 11/19/2019 5.41Sub-Department 21-23 Operations & Maintenance,South Totals Invoices 1 0

Vendor 1605 - Thompson Auto Supply Inc aka Bumper to Bumper Totals Invoices 1 $5.41Vendor 3177 - Tryad Solutions, Inc.Sub-Department 21-23 Operations & Maintenance,South

75282 Various Departments-(163)LongSleeveT,PO#15769

Edit 06/27/2019 11/26/2019 11/26/2019 1,350.78


Vendor 3177 - Tryad Solutions, Inc. Totals Invoices 1 $1,350.78Vendor 1636 - Verizon WirelessSub-Department 21-23 Operations & Maintenance,South

9840640397 All Departments-Cell Phone Svc 10/23/19-11/22/19

Paid by Check #117394 10/22/2019 11/07/2019 11/07/2019 11/12/2019 3,425.44


Vendor 1636 - Verizon Wireless Totals Invoices 1 $3,425.44Vendor 3134 - Via Carlita LLC DBA Hawk Ford of St CharlesSub-Department 21-23 Operations & Maintenance,South

20654 S Ops-Tube, Bolt, (2) Washer For Vehicle #422

Edit 11/01/2019 11/12/2019 11/12/2019 37.92

20784 S Ops-(2)End,Tube,(2)Nut,(2)Retain,ForVehicle#425

Edit 11/05/2019 11/26/2019 11/26/2019 351.31

128064 S Ops-Programmed New Button Key For Vehicle #429

Edit 11/07/2019 11/26/2019 11/26/2019 214.96


Vendor 3134 - Via Carlita LLC DBA Hawk Ford of St Charles Totals Invoices 3 $604.19




Packet Pg. 23










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-23 Operations & Maintenance,South Totals Invoices 93 $40,141.65

Sub-Department 21-24 Operations & Maintenance,TradesVendor 1027 - Airgas, Inc. DBA Airgas USA, LLCSub-Department 21-24 Operations & Maintenance,Trades

9965752279 N Ops/S Ops/TR-Acetylene, Argon, Oxygen, Hazmat

Edit 10/31/2019 11/25/2019 11/25/2019 302.10

Sub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 1 0

Vendor 1027 - Airgas, Inc. DBA Airgas USA, LLC Totals Invoices 1 $302.10Vendor 1029 - Alarm Detection Systems IncSub-Department 21-24 Operations & Maintenance,Trades

1250341048 TR-Campton Quarterly Alarm Charges Svc 11/19-1/20

Paid by Check #117388 10/06/2019 11/07/2019 11/07/2019 11/12/2019 972.00


Vendor 1029 - Alarm Detection Systems Inc Totals Invoices 1 $972.00Vendor 2145 - Altorfer IndustriesSub-Department 21-24 Operations & Maintenance,Trades

P50C1107032 TR-Fuel Cap Edit 11/15/2019 11/26/2019 11/26/2019 44.04P50C1107511 TR-ThumbAssy,Pin,(2)Bearing Edit 11/20/2019 11/26/2019 11/26/2019 1,623.16P50C1107645 TR-PinThumb,

(2)BallValve,BallValveHandle,(8)Seal

Edit 11/21/2019 11/26/2019 11/26/2019 480.77


Vendor 2145 - Altorfer Industries Totals Invoices 3 $2,147.97Vendor 3071 - Angel Water, Inc.Sub-Department 21-24 Operations & Maintenance,Trades

030 TR-Tekakwitha Water Conditioner Rental 11/19

Paid by Check #117416 11/01/2019 11/18/2019 11/18/2019 11/22/2019 20.50


Vendor 3071 - Angel Water, Inc. Totals Invoices 1 $20.50Vendor 3175 - Blu Petroleum, Inc.Sub-Department 21-24 Operations & Maintenance,Trades

0032510IN TR-(474.6)GalGas(448.1)GalDieselDeliveredToCampton11/6/19

Paid by Check #117419 11/06/2019 11/18/2019 11/18/2019 11/22/2019 2,129.16


Vendor 3175 - Blu Petroleum, Inc. Totals Invoices 1 $2,129.16Vendor 2301 - Builders Asphalt LLC




Packet Pg. 24











Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-24 Operations & Maintenance,Trades

53936 TR-(2.07)Tons Private Surface, Proj#10601D

Edit 10/28/2019 11/12/2019 11/12/2019 113.85


Vendor 2301 - Builders Asphalt LLC Totals Invoices 1 $113.85Vendor 2361 - Cintas Corp 2 DBA Cintas Fire ProtectionSub-Department 21-24 Operations & Maintenance,Trades

0F94582231 TR-Extinguisher,(18)FireExtInsp,(4)6YrMaint,(5)VlvStemAssy

Edit 11/06/2019 11/26/2019 11/26/2019 845.20


Vendor 2361 - Cintas Corp 2 DBA Cintas Fire Protection Totals Invoices 1 $845.20Vendor 1962 - Comcast CableSub-Department 21-24 Operations & Maintenance,Trades

8771200040041219 TR-Trades Shop Internet & Phone Svc 11/19/19-12/18/19

Paid by Check #117421 11/13/2019 11/18/2019 11/18/2019 11/22/2019 432.19


Vendor 1962 - Comcast Cable Totals Invoices 1 $432.19Vendor 2027 - ComEdSub-Department 21-24 Operations & Maintenance,Trades

111219 TR-TransformerRemovalForDemo@BuffaloLodge,Proj#10611A

Paid by Check #117396 11/12/2019 11/12/2019 11/12/2019 11/14/2019 1,903.07


Vendor 2027 - ComEd Totals Invoices 1 $1,903.07Vendor 1890 - Elmhurst Chicago Stone CompanySub-Department 21-24 Operations & Maintenance,Trades

542294 TR-(8) 4000 PSI Air, Proj#10601D Edit 10/22/2019 11/12/2019 11/12/2019 1,264.00542676 TR-(9.5)Cy 4000 PSI Air,

Proj#10601DEdit 10/31/2019 11/19/2019 11/19/2019 1,501.00


Vendor 1890 - Elmhurst Chicago Stone Company Totals Invoices 2 $2,765.00Vendor 1254 - G&L Septic ServiceSub-Department 21-24 Operations & Maintenance,Trades

16740 TR-Septic Tank @ Crane Rd House, Proj#10611A

Edit 11/15/2019 11/26/2019 11/26/2019 295.00


Vendor 1254 - G&L Septic Service Totals Invoices 1 $295.00Vendor 1267 - Grainger




Packet Pg. 25











9330086415 TR-(4)VisibilityVest,(10)KnitGloves,(24)SafetyGlasses,PO#15972

Edit 10/21/2019 11/04/2019 11/04/2019 472.17


Vendor 1267 - Grainger Totals Invoices 1 $472.17Vendor 2122 - J&R Herra IncSub-Department 21-24 Operations & Maintenance,Trades

43684 TR-Nitride Ignitor Kit, (2.2) Commercial HVAC

Edit 10/29/2019 11/26/2019 11/26/2019 326.84

43685 TR-HVAC Preventative Maintenance @ Buffalo Park House

Edit 10/29/2019 11/26/2019 11/26/2019 225.00


Vendor 2122 - J&R Herra Inc Totals Invoices 2 $551.84Vendor 1401 - Lorchem Technologies IncSub-Department 21-24 Operations & Maintenance,Trades

70444 TR-(2)FilterSpinOn,(2)FuelNozzle,(2)FilterAirCompressor,Valve

Edit 11/22/2019 11/26/2019 11/26/2019 219.78


Vendor 1401 - Lorchem Technologies Inc Totals Invoices 1 $219.78Vendor 1717 - M Spinello & SonSub-Department 21-24 Operations & Maintenance,Trades

157565 TR-ThumbturnAssemblyPolishedBrassFinishForDeadboltLock

Edit 11/15/2019 11/26/2019 11/26/2019 86.00


Vendor 1717 - M Spinello & Son Totals Invoices 1 $86.00Vendor 1680 - Menards BataviaSub-Department 21-24 Operations & Maintenance,Trades

27226 TR-Zinc Threaded Rod,36Pc Flat Washer, 11Pc Hex Nut

Edit 10/22/2019 11/04/2019 11/04/2019 7.22

29142 TR-3PcChisel,(6)FoamRlrCvr,Hammer,Glue,PartOrganizer,CanOpener

Edit 11/18/2019 11/26/2019 11/26/2019 74.70


Vendor 1680 - Menards Batavia Totals Invoices 2 $81.92Vendor 1679 - Menards Carpentersville




Packet Pg. 26









46050 TR-(2)1GalPaint,(2)Brush,4PkFrogTape,(2)WDCover,10CtPaintTray

Edit 09/24/2019 11/26/2019 11/26/2019 164.55

47586 TR- Kitchen Faucet with Side Spray

Edit 10/28/2019 11/04/2019 11/04/2019 77.00


Vendor 1679 - Menards Carpentersville Totals Invoices 2 $241.55Vendor 1678 - Menards ElginSub-Department 21-24 Operations & Maintenance,Trades

77331 TR-ReturnOf(18)Lumber,Proj#10601D,OrgInv#77264

Edit 09/24/2019 11/26/2019 11/26/2019 (220.63)

78328 TR-(4)1 Gal Paint Edit 10/10/2019 11/26/2019 11/26/2019 147.92Sub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 2 0

Vendor 1678 - Menards Elgin Totals Invoices 2 ($72.71)Vendor 1447 - Napa Elburn Auto PartsSub-Department 21-24 Operations & Maintenance,Trades

757562 TR-Gauge, Chuck, (4) Plug Edit 11/20/2019 11/26/2019 11/26/2019 79.64Sub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 1 0

Vendor 1447 - Napa Elburn Auto Parts Totals Invoices 1 $79.64Vendor 2587 - Nicor GasSub-Department 21-24 Operations & Maintenance,Trades

915334733761119 TR-Campton Shop Svc 10/15/19-11/13/19

Paid by Check #117424 11/13/2019 11/18/2019 11/18/2019 11/22/2019 178.09


Vendor 2587 - Nicor Gas Totals Invoices 1 $178.09Vendor 2483 - Prairie State Water Systems IncSub-Department 21-24 Operations & Maintenance,Trades

15652 TR-(160)DrillWaterWell,NewWellPermit,PO#15686,Proj#10608A

Edit 11/13/2019 11/26/2019 11/26/2019 9,374.00


Vendor 2483 - Prairie State Water Systems Inc Totals Invoices 1 $9,374.00Vendor 3022 - Preventative MaintenanceSub-Department 21-24 Operations & Maintenance,Trades

213309 TR-Safety Test For Vehicle #105 & # 106

Edit 11/04/2019 11/26/2019 11/26/2019 130.00


Vendor 3022 - Preventative Maintenance Totals Invoices 1 $130.00




Packet Pg. 27










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net Amount

Vendor 2136 - Priority ProductsSub-Department 21-24 Operations & Maintenance,Trades

943043 TR-Master Ford Retainer Assortment

Edit 10/15/2019 11/04/2019 11/04/2019 65.99

944705 TR-Hose Assembly, (8) Abrasion Sleeve

Edit 11/15/2019 11/26/2019 11/26/2019 103.21


Vendor 2136 - Priority Products Totals Invoices 2 $169.20Vendor 2014 - Rondo Enterprises IncSub-Department 21-24 Operations & Maintenance,Trades

126475 NOps/TR-SaltSpreader,(2)4"RoundDOTBackUp,(4)9'Strap

Edit 10/30/2019 11/12/2019 11/12/2019 441.90

126682 TR-14" Lift Jack Pro Series A Frame 8" Bracket

Edit 11/05/2019 11/12/2019 11/12/2019 24.95


Vendor 2014 - Rondo Enterprises Inc Totals Invoices 2 $466.85Vendor 1546 - Schroeder Crane RentalSub-Department 21-24 Operations & Maintenance,Trades

3909 TR-(4)40 Ton Rental Crane Service 10/24/19,Proj#10601D

Edit 10/26/2019 11/12/2019 11/12/2019 960.00


Vendor 1546 - Schroeder Crane Rental Totals Invoices 1 $960.00Vendor 3194 - Southwest Automated Security, Inc.Sub-Department 21-24 Operations & Maintenance,Trades

SI401144 TR-(6)Back Housing Kit Edit 09/05/2019 11/04/2019 11/04/2019 756.00Sub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 1 0

Vendor 3194 - Southwest Automated Security, Inc. Totals Invoices 1 $756.00Vendor 1777 - Waste ManagementSub-Department 21-24 Operations & Maintenance,Trades

000533727210 TR-Vehicle#106LandfillProj#10601D,Vehicle#438&#435 Landfill

Paid by Check #117425 11/01/2019 11/18/2019 11/18/2019 11/22/2019 1,327.26


Vendor 1777 - Waste Management Totals Invoices 1 $1,327.26Vendor 1658 - West Side Electric Supply IncSub-Department 21-24 Operations & Maintenance,Trades

300037479 TR-LED WallPack 104W Edit 11/05/2019 11/26/2019 11/26/2019 394.50Sub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 1 0

Vendor 1658 - West Side Electric Supply Inc Totals Invoices 1 $394.50




Packet Pg. 28










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 21-24 Operations & Maintenance,Trades Totals Invoices 37 $27,342.13

Department 21 - Operations & Maintenance Totals Invoices 223 $96,891.12

21 Operations & Maintenance ___________________________________________________Department 31 - Natural Resources

Sub-Department 31-31 Natural Resources,RestorationVendor 1102 - Buck Bros IncSub-Department 31-31 Natural Resources,Restoration

240884 NR-Hose Edit 11/14/2019 11/26/2019 11/26/2019 81.01Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 1 0

Vendor 1102 - Buck Bros Inc Totals Invoices 1 $81.01Vendor 1134 - Christopher B Burke EngineeringSub-Department 31-31 Natural Resources,Restoration

153909 NR-ProfSvcs9/1/19-9/28/19,PO#2019-05,Res#2637,Proj#20601A&20604A

Paid by Check #117410 10/14/2019 11/21/2019 11/21/2019 11/22/2019 6,237.50

Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 1 0

Vendor 1134 - Christopher B Burke Engineering Totals Invoices 1 $6,237.50Vendor 2027 - ComEdSub-Department 31-31 Natural Resources,Restoration

75805530521019 NR-Restoration Shed Svc 10/2/19-10/31/19

Paid by Check #117391 11/01/2019 11/07/2019 11/07/2019 11/12/2019 19.92

75805540311019 NR-Restoration Shed Svc 10/2/19-10/31/19

Paid by Check #117391 11/01/2019 11/07/2019 11/07/2019 11/12/2019 27.05


Vendor 2027 - ComEd Totals Invoices 2 $46.97Vendor 1180 - Culligan Tri City Water SWS Sub-Department 31-31 Natural Resources,Restoration

18235 NR-MillCreekHESulferCleer&RntlRvrsOsmosisConsole11/1/19-11/30/19

Paid by Check #117392 10/28/2019 11/07/2019 11/07/2019 11/12/2019 104.00


Vendor 1180 - Culligan Tri City Water SWS Totals Invoices 1 $104.00Vendor 1187 - Dekane Equipment CorpSub-Department 31-31 Natural Resources,Restoration

IA68066 NR-Gear Head Edit 11/18/2019 11/25/2019 11/25/2019 226.71Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 1 0

Vendor 1187 - Dekane Equipment Corp Totals Invoices 1 $226.71




Packet Pg. 29











Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 2436 - Gewalt Hamilton Associates IncSub-Department 31-31 Natural Resources,Restoration

45171143 NR-FabyanBrdgConstSvc8/1/19-8/31/19PO#2020-01Proj#20101CRes#2729

Paid by Check #117428 09/16/2019 11/18/2019 11/18/2019 11/26/2019 4,730.89


Vendor 2436 - Gewalt Hamilton Associates Inc Totals Invoices 1 $4,730.89Vendor 1267 - GraingerSub-Department 31-31 Natural Resources,Restoration

9329411244 NR-(5)3MHalfFacePiece,(10)3M2PkFilters,(3)SafetyVest,PO#15843

Edit 10/21/2019 11/04/2019 11/04/2019 226.31

9329905294 NR-(4)Respirator,(30)100CtDisposableGlvs,(12)SaftyGlss,PO#15967

Edit 10/21/2019 11/04/2019 11/04/2019 384.68

9336218590 NR-(4)Gloves, PO#15972 Edit 10/28/2019 11/26/2019 11/26/2019 45.72Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 3 0

Vendor 1267 - Grainger Totals Invoices 3 $656.71Vendor 3279 - ICC Group Inc.Sub-Department 31-31 Natural Resources,Restoration

90802 NR-BridgeReplacement,PO#2019-31,Res#2710,Proj#20103D,#20101M

Paid by Check #117386 08/23/2019 11/08/2019 11/08/2019 11/08/2019 255,173.71

90803 NR-ShorelineRestoration,PO#2019-31,Res#2710,Proj#20103D&20103M

Paid by Check #117414 09/20/2019 11/21/2019 11/21/2019 11/22/2019 457,636.46


Vendor 3279 - ICC Group Inc. Totals Invoices 2 $712,810.17Vendor 2134 - Integrated Lakes Management aka ILMSub-Department 31-31 Natural Resources,Restoration

INV7082 NR-(11.7)AcresOfCattails&CommonReedTreatedW/Herbicide,PO#15804

Edit 11/14/2019 11/26/2019 11/26/2019 4,480.00

INV7083 NR-PhragmitesControl@OtterCreekForestFor(6.4)Acres,PO#15815

Edit 11/14/2019 11/26/2019 11/26/2019 4,650.00


Vendor 2134 - Integrated Lakes Management aka ILM Totals Invoices 2 $9,130.00Vendor 1680 - Menards Batavia




Packet Pg. 30












Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 31-31 Natural Resources,Restoration

27730 NR-(20)48"DrivewayMarker,ConcreteMix,(2)ReflTape,(4)AddrsNmbrs

Edit 10/29/2019 11/04/2019 11/04/2019 55.63

27883 NR-PushSpreader,PolyVac,(4)StldSteelAngl,InWallTimer,AmpCharger

Edit 10/31/2019 11/26/2019 11/26/2019 361.02


Vendor 1680 - Menards Batavia Totals Invoices 2 $416.65Vendor 1447 - Napa Elburn Auto PartsSub-Department 31-31 Natural Resources,Restoration

756350 NR-(2) Anti Freeze Edit 11/12/2019 11/26/2019 11/26/2019 19.98Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 1 0

Vendor 1447 - Napa Elburn Auto Parts Totals Invoices 1 $19.98Vendor 2587 - Nicor GasSub-Department 31-31 Natural Resources,Restoration

193503874291019 NR-Aurora West Office Svc 10/8/19-11/8/19

Paid by Check #117408 11/08/2019 11/14/2019 11/14/2019 11/14/2019 37.73

304270100011019 NR-Aurora West Shop Svc 10/8/19-11/8/19

Paid by Check #117424 11/11/2019 11/18/2019 11/18/2019 11/22/2019 5.35


Vendor 2587 - Nicor Gas Totals Invoices 2 $43.08Vendor 1490 - Pomp's Tire Service IncSub-Department 31-31 Natural Resources,Restoration

640075744 NOps/NR-(2)TruckReject&Scrap,(3)LightTruckScrapDisposalFee

Edit 10/21/2019 11/04/2019 11/04/2019 33.00


Vendor 1490 - Pomp's Tire Service Inc Totals Invoices 1 $33.00Vendor 2847 - Sugar Grove AceSub-Department 31-31 Natural Resources,Restoration

82161 NR-(2)Padlock Comb,2Oz Epoxy, (2) Hillman Hardware

Edit 10/30/2019 11/04/2019 11/04/2019 60.15


Vendor 2847 - Sugar Grove Ace Totals Invoices 1 $60.15Sub-Department 31-31 Natural Resources,Restoration Totals Invoices 21 $734,596.82

Department 31 - Natural Resources Totals Invoices 21 $734,596.82

31 Natural Resources ___________________________________________________Department 35 - Planning & Acquisition




Packet Pg. 31










Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 35-35 Planning & Acquisition,Planning

Vendor 1277 - Hey and Associates, Inc.Sub-Department 35-35 Planning & Acquisition,Planning

19015711000 PL-OakhurstProfSvcs10/1/19-10/31/19PO#2020-07Res#2740Proj#30601C

Paid by Check #117429 11/06/2019 11/18/2019 11/18/2019 11/26/2019 3,140.10

Sub-Department 35-35 Planning & Acquisition,Planning Totals Invoices 1 0

Vendor 1277 - Hey and Associates, Inc. Totals Invoices 1 $3,140.10Vendor 2417 - Martin Design Partnership LtdSub-Department 35-35 Planning & Acquisition,Planning

19022 PL-SettlersHillConstruction,PO#2017-19,Res#2577,Proj#30323B

Paid by Check #117411 09/27/2019 11/21/2019 11/21/2019 11/22/2019 13,821.55

191104 PL-SettlersHillConstruction,PO#2017-19,Res#2577,Proj#30323B

Paid by Check #117411 11/04/2019 11/21/2019 11/21/2019 11/22/2019 27,528.35


Vendor 2417 - Martin Design Partnership Ltd Totals Invoices 2 $41,349.90Vendor 3128 - True North Consultants, Inc.Sub-Department 35-35 Planning & Acquisition,Planning

191233 PL-Phase 1 ESA ASTM Stade Property, PO#15838

Edit 11/14/2019 11/26/2019 11/26/2019 1,400.00


Vendor 3128 - True North Consultants, Inc. Totals Invoices 1 $1,400.00Sub-Department 35-35 Planning & Acquisition,Planning Totals Invoices 4 $45,890.00

Department 35 - Planning & Acquisition Totals Invoices 4 $45,890.00

35 Planning & Acquisition ___________________________________________________Department 41 - Community Affrs & Edu

Sub-Department 41-41 Community Affrs & Edu,Community AffairsVendor 2347 - AlphagraphicsSub-Department 41-41 Community Affrs & Edu,Community Affairs

102487 Comm Aff-(30)Comprehensive Annual Financial Report Covers

Edit 10/22/2019 11/25/2019 11/25/2019 38.28

Sub-Department 41-41 Community Affrs & Edu,Community Affairs Totals Invoices 1 0

Vendor 2347 - Alphagraphics Totals Invoices 1 $38.28Vendor 1976 - Hughes Media Corp f/k/a Northwest Qtrly Magazine




Packet Pg. 32









Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 41-41 Community Affrs & Edu,Community Affairs

43144 Comm Aff-One Full Page Ad Holiday 2019

Edit 11/01/2019 11/25/2019 11/25/2019 1,100.00


Vendor 1976 - Hughes Media Corp f/k/a Northwest Qtrly Magazine Totals Invoices 1 $1,100.00Vendor 2587 - Nicor GasSub-Department 41-41 Community Affrs & Edu,Community Affairs

842174377001019 Comm Aff-Brewster Creek Lodge Svc 9/26/19-10/26/19

Paid by Check #117393 10/28/2019 11/07/2019 11/07/2019 11/12/2019 93.18


Vendor 2587 - Nicor Gas Totals Invoices 1 $93.18Vendor 2107 - Nutoys Leisure ProductsSub-Department 41-41 Community Affrs & Edu,Community Affairs

49830 Comm Aff-(2)6' Benches,(2) Plaque

Edit 10/23/2019 11/25/2019 11/25/2019 2,462.00


Vendor 2107 - Nutoys Leisure Products Totals Invoices 1 $2,462.00Vendor 1989 - Office DepotSub-Department 41-41 Community Affrs & Edu,Community Affairs

400353872001 Comm Aff-Binding Covers, PO#15991

Edit 11/08/2019 11/25/2019 11/25/2019 25.99


Vendor 1989 - Office Depot Totals Invoices 1 $25.99Vendor 3281 - Pure Imagination, Inc. DBA PUREiSub-Department 41-41 Community Affrs & Edu,Community Affairs

7059 Comm Aff-Website Development, PO#2019-34, Res#2714

Paid by Check #117430 08/16/2019 11/25/2019 11/25/2019 11/26/2019 5,113.00


Vendor 3281 - Pure Imagination, Inc. DBA PUREi Totals Invoices 1 $5,113.00Vendor 2780 - TPM Graphics IncSub-Department 41-41 Community Affrs & Edu,Community Affairs

85777 Comm Aff-(6000) Winter 2020 Tree Line Newsletter

Edit 11/15/2019 11/25/2019 11/25/2019 2,370.00


Vendor 2780 - TPM Graphics Inc Totals Invoices 1 $2,370.00Vendor Erin Rauscher




Packet Pg. 33









Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 41-41 Community Affrs & Edu,Community Affairs

112119 Security Deposit Return For Event @ Brewster Creek 11/3/19

Paid by Check #117413 11/21/2019 11/22/2019 11/22/2019 11/22/2019 200.00


Vendor Erin Rauscher Totals Invoices 1 $200.00Vendor Diane SpicerSub-Department 41-41 Community Affrs & Edu,Community Affairs

111419 Security Deposit Return For Event @ Creek Bend 11/10/19

Paid by Check #117431 11/14/2019 11/25/2019 11/25/2019 11/26/2019 300.00


Vendor Diane Spicer Totals Invoices 1 $300.00Vendor Karina SteierSub-Department 41-41 Community Affrs & Edu,Community Affairs

102919 Security Deposit Return For Event @ Brewster Creek 10/27/19

Paid by Check #117432 10/29/2019 11/25/2019 11/25/2019 11/26/2019 200.00


Vendor Karina Steier Totals Invoices 1 $200.00Sub-Department 41-41 Community Affrs & Edu,Community Affairs Totals Invoices 10 $11,902.45

Sub-Department 41-42 Community Affrs & Edu,Nature EducationVendor 3317 - 11th Hour Bartending Services Sub-Department 41-42 Community Affrs & Edu,Nature Education

090919 Nat Ed-Bartending Svcs For Holiday Mixer @ Creek Bend

Paid by Check #117412 09/09/2019 11/22/2019 11/22/2019 11/22/2019 120.00

Sub-Department 41-42 Community Affrs & Edu,Nature Education Totals Invoices 1 0

Vendor 3317 - 11th Hour Bartending Services Totals Invoices 1 $120.00Vendor 2347 - AlphagraphicsSub-Department 41-42 Community Affrs & Edu,Nature Education

102293 Nat Ed-(2)500 Business Cards Edit 10/09/2019 11/25/2019 11/25/2019 112.00Sub-Department 41-42 Community Affrs & Edu,Nature Education Totals Invoices 1 0

Vendor 2347 - Alphagraphics Totals Invoices 1 $112.00Vendor 1919 - AT&T Sub-Department 41-42 Community Affrs & Edu,Nature Education

6305131702101119 Nat Ed-Creek Bend Nature Center Svc 10/25/19-11/24/19

Paid by Check #117389 10/25/2019 11/07/2019 11/07/2019 11/12/2019 172.82


Vendor 1919 - AT&T Totals Invoices 1 $172.82Vendor 2376 - DME Elevators & Lifts




Packet Pg. 34












Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 41-42 Community Affrs & Edu,Nature Education

112219 Nat Ed-CAT1 Annual Pressure Test @ Creek Bend Elevator

Paid by Check #117426 11/22/2019 11/22/2019 11/22/2019 11/22/2019 515.00


Vendor 2376 - DME Elevators & Lifts Totals Invoices 1 $515.00Vendor 2664 - Barbara McKittrickSub-Department 41-42 Community Affrs & Edu,Nature Education

110419 Nat Ed-Mileage Reimbursement 10/1/19-10/30/19

Edit 11/04/2019 11/12/2019 11/12/2019 152.54


Vendor 2664 - Barbara McKittrick Totals Invoices 1 $152.54Vendor 1680 - Menards BataviaSub-Department 41-42 Community Affrs & Edu,Nature Education

27854 Nat Ed-(2)16' Cedar Undercourse, 1000Ct Staples

Edit 10/31/2019 11/25/2019 11/25/2019 35.45


Vendor 1680 - Menards Batavia Totals Invoices 1 $35.45Vendor 1678 - Menards ElginSub-Department 41-42 Community Affrs & Edu,Nature Education

79450 Nat Ed-(4)40W Fluorescent Light Bulb,(2)Dish Soap

Edit 10/30/2019 11/25/2019 11/25/2019 43.66


Vendor 1678 - Menards Elgin Totals Invoices 1 $43.66Vendor 1989 - Office DepotSub-Department 41-42 Community Affrs & Edu,Nature Education

393597982001 Nat Ed-Laminator,Pouch,(2)PenRetract,(5)Scissors,PO#15979

Edit 10/23/2019 11/25/2019 11/25/2019 302.91

393600094001 Nat Ed-(3)WiggleEyesKraft.LaminatingPouches,PO#15979

Edit 10/23/2019 11/25/2019 11/25/2019 97.54

393600096001 Nat Ed-Sidewalk Chalk, PO#15979

Edit 10/23/2019 11/25/2019 11/25/2019 8.47

393600095001 Nat Ed-(3)Blackboard Eraser, PO#15979

Edit 10/24/2019 11/25/2019 11/25/2019 11.97

400353595001 CommAff-NatEd-Black Toner, (2)Binding Cover, PO#15991

Edit 11/08/2019 11/25/2019 11/25/2019 150.48


Vendor 1989 - Office Depot Totals Invoices 5 $571.37




Packet Pg. 35











Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountVendor 1541 - Sam's Club Sub-Department 41-42 Community Affrs & Edu,Nature Education

89011019 Various Departments-Sam's Club/Walmart Charges Svc 10/19

Paid by Check #117427 11/08/2019 11/22/2019 11/22/2019 11/22/2019 31.57


Vendor 1541 - Sam's Club Totals Invoices 1 $31.57Vendor 1658 - West Side Electric Supply IncSub-Department 41-42 Community Affrs & Edu,Nature Education

300036867 Nat Ed-(2)Compact Fluor Ballast Lamp

Edit 10/26/2019 11/25/2019 11/25/2019 233.28


Vendor 1658 - West Side Electric Supply Inc Totals Invoices 1 $233.28Vendor Cindy KleimSub-Department 41-42 Community Affrs & Edu,Nature Education

102219 Nat Ed-Reimbursement For Batteries For PortableSpeaker 9/26/19

Edit 10/22/2019 11/25/2019 11/25/2019 21.98


Vendor Cindy Kleim Totals Invoices 1 $21.98Sub-Department 41-42 Community Affrs & Edu,Nature Education Totals Invoices 15 $2,009.67

Department 41 - Community Affrs & Edu Totals Invoices 25 $13,912.12

41 Community Affrs & Edu ___________________________________________________Department 51 - Public Safety

Sub-Department 51-51 Public Safety,PoliceVendor 1159 - Communications Direct IncSub-Department 51-51 Public Safety,Police

117032 Police-Mobile Radio For Vehicle #224

Edit 05/13/2019 11/26/2019 11/26/2019 485.00

Sub-Department 51-51 Public Safety,Police Totals Invoices 1 0

Vendor 1159 - Communications Direct Inc Totals Invoices 1 $485.00Vendor 2868 - ELINEUP LLCSub-Department 51-51 Public Safety,Police

708 Police-Renew Software Maintenance 12/15/19-12/15/2020

Edit 11/12/2019 11/26/2019 11/26/2019 350.00


Vendor 2868 - ELINEUP LLC Totals Invoices 1 $350.00Vendor 2105 - Fuller's Car Washes




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 51-51 Public Safety,Police

110519 Police-Car Washes 10/7/19-10/20/19

Edit 11/05/2019 11/12/2019 11/12/2019 26.90


Vendor 2105 - Fuller's Car Washes Totals Invoices 1 $26.90Vendor 1432 - Midwest Radar & EquipmentSub-Department 51-51 Public Safety,Police

167087 Police-Decatur & MPH Radar Parts Edit 11/21/2019 11/25/2019 11/25/2019 80.00Sub-Department 51-51 Public Safety,Police Totals Invoices 1 0

Vendor 1432 - Midwest Radar & Equipment Totals Invoices 1 $80.00Vendor 1447 - Napa Elburn Auto PartsSub-Department 51-51 Public Safety,Police

754814 Police-ABS Speed Sensor For Vehicle #222

Edit 10/31/2019 11/19/2019 11/19/2019 35.99

757226 Police-Fleet Bearing Assembly For Vehicle #226

Edit 11/18/2019 11/25/2019 11/25/2019 228.77


Vendor 1447 - Napa Elburn Auto Parts Totals Invoices 2 $264.76Vendor 1605 - Thompson Auto Supply Inc aka Bumper to BumperSub-Department 51-51 Public Safety,Police

04780502819 Police-(4)Foward Lighting Edit 10/14/2019 11/26/2019 11/26/2019 26.7604780503319 Police-Return Of (2) Hub

Assembly, Org Inv#503014Edit 10/21/2019 11/26/2019 11/26/2019 (284.20)

478504068 Police-(2)Swaybar Link Kit For Vehicle #222

Edit 10/30/2019 11/04/2019 11/04/2019 95.58

478504125 Police-(4) Brake Rotors For Vehicle #222

Edit 10/31/2019 11/19/2019 11/19/2019 224.36

478504404 Police-(2)DiscBrakeRotor,CeramicPads,StarBitSkt

Edit 11/04/2019 11/19/2019 11/19/2019 176.87


Vendor 1605 - Thompson Auto Supply Inc aka Bumper to Bumper Totals Invoices 5 $239.37Vendor 2959 - TransUnion Risk and Alternative Data SolutionsSub-Department 51-51 Public Safety,Police

8241771019 Police-TL Oxp Charges October 2019

Edit 11/01/2019 11/04/2019 11/04/2019 50.00


Vendor 2959 - TransUnion Risk and Alternative Data Solutions Totals Invoices 1 $50.00Vendor 1636 - Verizon Wireless




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Invoice Number Invoice Description Status Held Reason Invoice Date Due Date G/L Date Received Date Payment Date Invoice Net AmountSub-Department 51-51 Public Safety,Police

9841408404 Police-New M2M Account Svc 10/4/19-11/3/19

Paid by Check #117409 11/03/2019 11/14/2019 11/14/2019 11/14/2019 7.02


Vendor 1636 - Verizon Wireless Totals Invoices 1 $7.02Vendor Patti BowkerSub-Department 51-51 Public Safety,Police

073019 Police-Reimbursement ForHookedOnFishingWormsPrizes6/2/19

Edit 07/30/2019 11/19/2019 11/19/2019 107.07


Vendor Patti Bowker Totals Invoices 1 $107.07Sub-Department 51-51 Public Safety,Police Totals Invoices 14 $1,610.12

Department 51 - Public Safety Totals Invoices 14 $1,610.12

51 Public Safety ___________________________________________________Department AP - Accounts Payable

Sub-Department AP-TD Accounts Payable,Treasury DisbursementsVendor 1345 - JP Morgan Chase Bank MastercardSub-Department AP-TD Accounts Payable,Treasury Disbursements

81281019 Various Departments-Credit Card Charges 10/19, Proj#100

Paid by EFT #81 10/26/2019 11/25/2019 11/25/2019 11/26/2019 4,614.58

Sub-Department AP-TD Accounts Payable,Treasury Disbursements Totals Invoices 1 0

Vendor 1345 - JP Morgan Chase Bank Mastercard Totals Invoices 1 $4,614.58Vendor Tony LockeSub-Department AP-TD Accounts Payable,Treasury Disbursements

111219 Refund For Firewood 11/9/19-11/10/19

Paid by Check #117399 11/12/2019 11/14/2019 11/14/2019 11/14/2019 10.00

Sub-Department AP-TD Accounts Payable,Treasury Disbursements Totals Invoices 1 0

Vendor Tony Locke Totals Invoices 1 $10.00Sub-Department AP-TD Accounts Payable,Treasury Disbursements Totals Invoices 2 $4,624.58

Department AP - Accounts Payable Totals Invoices 2 $4,624.58

AP Accounts Payable ___________________________________________________Grand Totals Invoices 316 $932,073.74




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Comprehensive Annual Financial Report

For the Fiscal Year ended June 30, 2019Forest Preserve District of Kane County

Freeman Kame Forest Preserve, GilbertsPhoto by Wildlife Biologist Bill Graser

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS

COMPREHENSIVE ANNUAL FINANCIAL REPORT

FOR THE FISCAL YEAR ENDED JUNE 30, 2019

Prepared by: Ken Stanish, Chief Financial Officer

David Petschke, Accounting Manager

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TABLE OF CONTENTS

1

2

Letter of Transmittal 3 - 9

10

INDEPENDENT AUDITORS' REPORT 11 - 12

MANAGEMENT’S DISCUSSION AND ANALYSIS 13 - 24

BASIC FINANCIAL STATEMENTS

Government-Wide Financial Statements

Statement of Net Position 25 - 26

Statement of Activities 27 - 28

Fund Financial Statements

Balance Sheet – Governmental Funds 29 - 30

Reconciliation of Total Governmental Fund Balance to the

Statement of Net Position – Governmental Activities 31

Statement of Revenues, Expenditures and Changes in

Fund Balances – Governmental Funds 32 - 33

Reconciliation of the Statement of Revenues, Expenditures and Changes in

Fund Balances to the Statement of Activities – Governmental Activities 34

Statement of Net Position – Proprietary Fund 35

Statement of Revenues, Expenses, and Changes in Net Position – Proprietary Fund 36

Statement of Cash Flows – Proprietary Fund 37

Notes to Financial Statements 38 - 72

REQUIRED SUPPLEMENTARY INFORMATION

Schedule of Employer Contributions

Illinois Municipal Retirement Fund 73

Schedule of Changes in the Employer’s Net Pension Liability

Illinois Municipal Retirement Fund 74 - 75

Schedule of Changes in the Employer's Total OPEB Liability

Retiree Benefit Plan 76

Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual

General Fund 77

PAGE

INTRODUCTORY SECTION

Principal Officials

Organizational Chart

Certificate of Achievement for Excellence in Financial Reporting

FINANCIAL SECTION

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TABLE OF CONTENTS

OTHER SUPPLEMENTARY INFORMATION

Schedule of Revenues – Budget and Actual – General Fund 78

Schedule of Expenditures – Budget and Actual – General Fund 79 - 80

Schedule of Revenues, Expenditures and Changes in Fund Balances – Budget and Actual

Debt Service Fund 81

Construction and Development – Capital Projects Fund 82

Land Acquisition – Capital Projects Fund 83

Combining Balance Sheet – Nonmajor Governmental Funds 84

Combining Statement of Revenues, Expenditures and Changes in Fund Balances

Nonmajor Governmental Funds 85

Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual

Illinois Municipal Retirement – Special Revenue Fund 86

Insurance Liability – Special Revenue Fund 87

Social Security – Special Revenue Fund 88

Wetland Mitigatoin – Capital Projects Fund 89

Schedule of Revenues, Expenses and Changes in Net Position – Budget and Actual

Cultural and Events Center – Enterprise Fund 90

Consolidated Year-End Financial Report 91

SUPPLEMENTAL SCHEDULES

Long-Term Debt Requirements

General Obligation Bonds of 2011A 92

General Obligation Limited Tax Refunding Bonds of 2011B 93

General Obligation Limited Tax Refunding Bonds of 2015A 94

General Obligation Refunding Bonds of 2015B 95

General Obligation Limited Tax Refunding Bonds of 2016A 96

Taxable General Obligation (Alternate Revenue Source) Bonds of 2016B 97

General Obligation Refunding Bonds of 2016C 98

General Obligation Bonds of 2017A 99

Taxable General Obligation Bonds of 2017B 100

PAGE

FINANCIAL SECTION – Continued

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TABLE OF CONTENTS

Net Position by Component – Last Ten Fiscal Years 101 - 102

Changes in Net Position – Last Ten Fiscal Years 103 - 104

Fund Balances of Governmental Funds – Last Ten Fiscal Years 105 - 106

Changes in Fund Balances of Governmental Funds – Last Ten Fiscal Years 107 - 108

Assessed Value and Actual Value of Taxable Property – Last Ten Fiscal Years 109 - 110

Direct and Overlapping Property Tax Rates – Last Ten Tax Levy Years 111 - 112

Principal Property Tax Payers – Current Tax Levy Year and Nine Tax Levy Years Ago 113

Property Tax Levies and Collections – Last Ten Fiscal Years 114

Ratios of Outstanding Debt by Type – Last Ten Fiscal Years 115

Ratios of General Bonded Debt Outstanding – Last Ten Fiscal Years 116

Schedule of Direct and Overlapping Governmental Activities Debt 117

Schedule of Legal Debt Margin – Last Ten Fiscal Years 118 - 119

Demographic and Economic Statistics – Last Ten Fiscal Years 120

Principal Employers – Current Fiscal Year and Nine Fiscal Years Ago 121

Full-Time Equivalent Government Employees by Function – Last Ten Fiscal Years 122

Operating Indicators by Function/Program – Last Ten Fiscal Years 123 - 124

Capital Asset Statistics by Function/Program – Last Ten Fiscal Years 125 - 126

PAGE

STATISTICAL SECTION (Unaudited)

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INTRODUCTORY SECTION

This section includes the District’s:

List of Principal Officials

Organization Chart

Transmittal Letter

Certificate of Achievement for Excellence in Financial Reporting

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS List of Principal Officials June 30, 2019

PRESIDENT Michael Kenyon, District 16

PRESIDENT PRO TEM Mark Davoust, District 14

TREASURER

Penny Wegman, District 20

SECRETARY Susan Starrett, District 10

FOREST PRESERVE COMMISSION Chris Lauzen, County Board Chair John J. Hoscheit, District 12 Myrna Molina, District 1 Steve Weber, District 13 Theresa Barreiro, District 2 Barbara Wojnicki, District 15 Anita Marie Lewis, District 3 Deborah Allan, District 17 Angela C. Thomas, District 4 Drew Frasz, District 18 Bill Lenert, District 5 Mohammad “Mo” Iqbal, District 19 Matt Hanson, District 6 Cliff Surges, District 21 Monica Silva, District 7 Douglas Scheflow, District 22 Barbara Hernandez, District 8 Christopher W. Kious, District 23 Tom Koppie, District 9 Jarett Sanchez, District 24 John Martin, District 11 Chris Lauzen, County Chair

EXECUTIVE DIRECTOR Monica A. Meyers

CHIEF FINANCIAL OFFICER Ken Stanish

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1996 S. Kirk Road, Suite 320, Geneva, Illinois 60134

October 22, 2019 To: President Kenyon

Commissioners Citizens of the Forest Preserve District of Kane County

The Comprehensive Annual Financial Report (CAFR) of the Forest Preserve District of Kane County for the fiscal year ended June 30, 2019, is hereby submitted as mandated by state statutes. This report provides a broad view of the District’s financial activities for the 2019 fiscal year and its financial position as of June 30, 2019. Although addressed to the elected officials and residents of the District, this report also has a number of other audiences including: bondholders of the District, financial institutions, credit rating agencies, and other governmental entities. Management assumes full responsibility for the completeness and reliability of the information contained in this report, based upon a comprehensive framework of internal controls established for this purpose. Since the cost of internal controls should not exceed anticipated benefits, the objective is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. We believe that the information is presented in a manner designed to fairly set forth the financial position of the District and the changes in financial position, and that all disclosures necessary to enable the reader to gain the maximum understanding of the District’s financial affairs are included. The Management’s Discussion and Analysis complement this letter and should be read in conjunction with it. PROFILE OF THE FOREST PRESERVE DISTRICT The Forest Preserve District of Kane County was formed in 1925 by public referendum with the mission to acquire, hold and maintain lands within Kane County that contribute to the preservation of natural or historic resources and habitats, flora or fauna; and to restore, restock, protect and preserve such lands for the education, recreation, and pleasure of all its citizens. Kane County is located within northeastern Illinois, approximately 40 miles west of Chicago and is considered one of the “collar counties.”

The District’s existing forest preserves, facilities and natural areas have taken many years to acquire and develop, and are a large part of Kane County’s culture. The forest preserve system continues to contribute to the overall livability and quality of life valued by Kane County’s residents, workers and visitors. Open space protects land from development,

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improves wildlife habitat, cleans our air and water, and provides healthy recreational opportunities.

The residents of Kane County have long been supporters of the Forest Preserve District’s mission and have supported open space land acquisition and preserve improvement referenda in 1999, 2005, 2007, 2011 and 2017. With the public’s support, the District’s goals have been to:

• Add acreage to existing forest preserve natural areas;

• Acquire land for new forest preserves;

• Increase flood control and water protection;

• Preserve and restore woodlands, wetlands and prairies;

• Provide locations for residents to escape urban stresses and balance development;

• Improve the District’s renowned trail system;

• and, expand recreation and environmental education.

Currently, the District manages 22,410 acres of public open space and includes 103 properties. District holdings are spread throughout Kane County and consist of a diverse portfolio of properties including woodlands, prairies and wetlands; property along the Fox River, which runs the length of the County; greenbelts along creeks and waterways; and, environmentally significant properties in critical growth areas. Additionally, the District owns a variety of unique facilities; Northwestern Medicine Field, home of the Kane County Cougars; the Fox Valley Ice Arena, home of the Chicago Steel; Strikers Indoor Soccer Facility; three golf courses; Barbara Belding Lodge at Brewster Creek; Big Rock campground and Paul Wolff campground; Camp Tomo Chi Chi Knolls youth-specific campground and the Creek Bend Nature Center.

The District is governed by the Forest Preserve Commission. Those elected to the Kane County Board also serve as members of the Forest Preserve Commission. Kane County is comprised of 24 Board districts. One commissioner is elected from each district for a four-year term. Half of the Board is elected every two years.

The president of the Forest Preserve Commission is elected by fellow Commission members, every two years. With the Forest Preserve Commission’s approval, the president appoints commissioners to serve on the following committees: Executive, Finance & Administration, Land Acquisition, and Planning & Utilization. The Commission and the Executive Committee handle the District business of preparing policies and acquiring open space for the citizens of Kane County.

The Forest Preserve District employs 75 full-time, 27 year-round, part-time and 63 summer seasonal/intern staff.

This report includes all of the funds of the District. The District does not have any component units but is considered a component unit of Kane County. The District participates in the Illinois Municipal Retirement Fund (IMRF) and the Park District Risk Management Agency (PDRMA). These organizations are separate governmental units because: (1) they are legally separate, organized entities, (2) are fiscally

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independent of the Forest Preserve District of Kane County, and (3) are governed by their own boards. Audited financial statements for these organizations are not included in this report. However, such statements are available upon request from their respective business offices. Local Economy Kane County is part of the Chicago metropolitan area and lies on the western edge of the northeastern Illinois region and is the fifth largest county in Illinois. The county is approximately 524 square miles in area. The County’s estimated population of 534,216 represents an increase of 3.5% since the 2010 Census of 516,269. The equalized assessed value of the county steadily declined since the Great Recession of 2007-2009. In 2008, the EAV reached a peak of $15.9 billion and then declined to a low of $11.6 billion in tax year 2014. In tax year 2018, the EAV rose to $14.5 billion. During tax years’ 2012-2015, the Commission decided to freeze the operating levies. Even with these challenges, the District has maintained a strong financial position by remaining fiscally conservative. The District is extremely proud of maintaining its AA+ rating from Standard & Poor’s Rating Committee. Several economic indicators contribute to the financial strength of Kane County. The leading 10 taxpayers account for a very diverse 0.6% of equalized assessed value (EAV). The median property value is $237,200. According to the Illinois Department of Employment Security, Kane County’s June 2019 unemployment rate was 3.8%, slightly lower than the state rate of 4.0%. Incomes for County residents are considered strong, as represented by the County’s median household income of $75,628 is 120% of the state level and 125% of the national level. This is due in part to County residents having access to a wide variety of jobs both locally and throughout the western suburbs. While the District is below its tax rate limit for the both the General Fund (the District’s major operating fund) and the Construction & Development Fund, the 1991 imposition of the Property Tax Limitation Act (Tax Cap) legislation in Illinois continues to limit levy growth. Under current legislation, the growth in total property tax extension for non-home rule governments in the five collar counties (Kane, Lake, McHenry, DuPage and Will Counties) and other affected counties will be limited to the lesser of 5% or the Consumer Price Index published by the U.S. Bureau of Labor Statistics of the preceding calendar year. Major Initiatives The Forest Preserve District enjoyed a busy and successful year in 2019, with many significant projects taking shape and being completed. Among the projects of which the District is proudest are the following:

• Natural Resource Facility The District completed a new Natural Resource facility. This will now provide the Natural Resource staff with a modernized facility that will have room for future growth. Phase 2 of the project that will include indoor storage for vehicles and

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equipment along with processing and storage space for seed collection will be built during fiscal year 2020.

• Hoscheit Woods Forest Preserve

This newly opened, 163-acre property features an old oak savanna and restored prairie. Additional amenities include a picnic shelter, interpretive signs, restrooms, parking and 2.2 miles of mowed trails.

• Land Acquisitions The District acquired eleven parcels that totaled 531.02 acres during the fiscal year. The District did sell a 5 acre parcel that included structures, which was part of a larger purchase, for $223,873. Highlighted parcels that were acquired include:

o Lake Marion Road Woods – This 80-acre addition to Fox River Shores Forest Preserve is located in the northern end of the county, just east of the Fox River. The area has been identified as a quality natural area since, at least, the first modern vegetative inventory of Kane County in 1978. The intent of that survey was to identify and catalog the best natural areas that still existed in the County. Lake Marion Road Woods, with its oaks, hickories and native wildflowers, was identified as one of these special, surviving places. While much of the woods was lost to development in the intervening years, the District has been able to protect the remaining 20 acres of high-quality natural areas, through this acquisition.

o Big Rock Woods Expansion – This 113-acre acquisition, an addition to

Big Rock Forest Preserve in the southern end of Kane County, is the epitome of Forest Preserve District land protection. The 40-acre relictual oak/hickory woods at the core of this acquisition stands as an artifact in a living museum of what the woodlands of Illinois looked like, 300 years ago. Massive white oaks have stood in place for hundreds of years, while some of the mightiest shagbark hickories in all of Kane County fill in the interstices. Springtime visitors are overwhelmed by the sounds of turkeys gobbling in the woods; the winter woods are alive with the sounds of seven species of woodpeckers. Deer signs abound. Because of this acquisition, these woods are protected forever and along with the adjoining 25-acre woodland on the preserve, the total high-quality woodland assemblage protected now totals 65 acres.

o Ferson Creek Watershed Expansion– This 60-acre addition to Ferson

Creek Forest Preserve, located in the center of the County, includes 600 linear feet of the high-quality Ferson Creek. This stretch of Ferson Creek was never straightened; it still maintains its original meanders. Along with the direct acquisition of the creek, the District also acquired the entire associated riparian corridor. Riparian corridors offer flood control by providing areas to hold water during high-water events. These areas are also extremely valuable for wildlife because they provide food sources, shelter and migration corridors. The District has already begun the restoration of the upland areas by seeding a diverse prairie across approximately five acres.

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o Muirhead Springs Wetland Expansion – This 160-acre addition to

Muirhead Springs Forest Preserve is located in the central-northwest part of the county, identified as the critical growth area where development expansion is increasing. While the entirety of this purchase is farmed, the beauty in this acquisition is in its potential. Plans are already filed with the Army Corps of Engineers to restore a large swath of Muirhead Springs Forest Preserve back to a functioning wetland, as part of a wetland mitigation bank. Along with the planned wetland restoration is a second-phase of stream restoration. In future years, the straightened creek across the northern parcel of this acquisition will be re-meandered into its natural shape. Steep banks will be smoothed back, and the entire corridor will be replanted with native vegetation. Part of the District’s plan is to perform the County’s first ever native freshwater mussel reintroduction into the creek on this parcel. The northern 80 acres of this acquisition have been added to the planned wetland mitigation bank, within the preserve. The wetland bank will provide wetland credits for public-improvement projects. The revenue generated from the sale of the wetland credits will be used by the District to create high-quality wetland and creek restorations, as well as for ongoing maintenance of the site.

• Grant Awards

The District was awarded 7 grants, totaling $988,653, the largest being a CMAP grant for the great western trail extension in the LeRoy Oakes Forest Preserve. Grant revenue received in the fiscal year was $105,657, with the majority of this coming from the CMAP grant referenced above for LeRoy Oakes Forest Preserve.

Future Initiatives With a focus on continued growth across the county, the Forest Preserve District of Kane County is poised to accomplish the following significant projects within the near year:

• Settler’s Hill Golf Course Improvements A new driving range and practice green will be added to the layout, along with the installation of a new irrigation system and a reconfiguration of some of the holes. The project is scheduled to be bid in the winter of 2019/20 with construction beginning the following year. The course will be closed during calendar year 2021 for completion of the work.

• Fabyan Bridge Installation & Causeway Removal Project An old bridge was removed from the western portion of the river and is being replaced with a new steel structure. The existing causeway that is on the north end of the Fabyan Island, that is no longer functional, will be removed. This will improve the water quality on the western side of the island due to increasing the flow of water. Funding for the causeway removal will come from the Illinois Department of Natural Resources. The project is scheduled to be completed within the current fiscal year.

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• Carpentersville Dam Removal Project Removal of this dam will improve the river corridor by providing better habitat for the plants and animals that live in and around the dam. The District has signed a contract with the Illinois Department of Natural Resources to fund the removal. Engineering for this project will begin during the current fiscal year.

• Raymond Street Bike Trail The bridge that allowed pedestrians to go beneath the existing railroad tracks was damaged repeatedly due to flooding and permanently removed. Staff worked with an engineering consultant to design a tunnel to be constructed underneath the railroad tracks that will provide safe passage while removing the threat of future flooding. The District has received a CMAQ-ITEP grant that will cover 80% of the cost of the project. The Illinois Department of Transportation conducted the bid and will handle the construction management.

Financial Management Policies The District’s financial policies seek to improve the preserves, programs and services provided within the County as well as enhance the financial capability of the Forest Preserve. In 2015, the District performed a comprehensive review of all policies (including financial management policies). The District begins its budget process in December. Directors from each department work with their respective staff to submit a departmental budget that is then compiled into one document that accounts for all funds. Numerous meetings are held to determine the priority of items presented and the balanced budget is then presented to the finance committee. Once approved it is then forwarded to the executive committee and to full commission for final approval prior to the start of the fiscal year. Other Information Independent Audit – State statutes require an annual audit by independent, licensed, certified public accountants. The Forest Preserve District has engaged the accounting firm of Lauterbach & Amen, LLP to perform the audit for the fiscal year ending June 30, 2019. Their unmodified opinion on the basic financial statements is included in this report. Awards – The Government Finance Officers Association (GFOA) of the United States and Canada awarded the Certificate of Achievement for Excellence in Financial Reporting to the Forest Preserve for the year ending June 30, 2018. The award is based on the ability of a governmental unit to present an easily readable and efficiently organized financial report. The contents must conform to the standards specified by the Certificate of Achievement program, as well as, satisfy all legal requirements and generally accepted accounting principles. The certificate is valid for one year. The District believes the current report conforms to the requirements, and is submitting it to the Government Finance Officers Association to determine eligibility. This is the seventh consecutive year the District has received this award.

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Acknowledgements – This financial report was compiled through the efforts of staff from the Finance Department. While the audit is prepared one time during the year, it would not be possible to produce without the consistent attention to the procedures and monitoring of accounts by the entire staff. Additionally, the support of the entire Commission is essential in ensuring a sound financial environment in which to conduct the operations of the District. Respectfully submitted,

Ken Stanish Chief Financial Officer

Monica Meyers Executive Director

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Government Finance Officers Association

Certificate of Achievement for Excellence

in Financial Reporting

Presented to

Forest Preserve District of Kane County

Illinois

For its Comprehensive Annual Financial Report

for the Fiscal Year Ended

June 30, 2018

Executive Director/CEO

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FINANCIAL SECTION

This section includes:

• Independent Auditors’ Report

• Management’s Discussion and Analysis

• Basic Financial Statements

• Required Supplementary Information

• Other Supplementary Information

• Supplemental Schedules

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INDEPENDENT AUDITORS’ REPORT

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INDEPENDENT AUDITORS' REPORT

October 22, 2019

The Honorable President

Members of the Board of Commissioners

Forest Preserve District of Kane County, Illinois

We have audited the accompanying financial statements of the governmental activities, the business-type

activities, each major fund, and the aggregate remaining fund information of the Forest Preserve District

of Kane County, Illinois, as of and for the year ended June 30, 2019, and the related notes to the financial

statements, which collectively comprise the District’s basic financial statements as listed in the table of

contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in

accordance with accounting principles generally accepted in the United States of America; this includes

the design, implementation, and maintenance of internal control relevant to the preparation and fair

presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted

our audit in accordance with auditing standards generally accepted in the United States of America. Those

standards require that we plan and perform the audit to obtain reasonable assurance about whether the

financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in

the financial statements. The procedures selected depend on the auditor’s judgment, including the

assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.

In making those risk assessments, the auditor considers internal control relevant to the District’s

preparation and fair presentation of the financial statements in order to design audit procedures that are

appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of

the District’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating

the appropriateness of accounting policies used and the reasonableness of significant accounting estimates

made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for

our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the

respective financial position of the governmental activities, the business-type activities, each major fund,

and the aggregate remaining fund information of the Forest Preserve District of Kane County, Illinois, as

of June 30, 2019, and the respective changes in financial position and, where applicable, cash flows thereof

for the year then ended in accordance with accounting principles generally accepted in the United States

of America.

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Forest Preserve District of Kane County, Illinois

October 22, 2019

Page 2

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s

discussion and analysis as listed in the table of contents and budgetary information reported in the required

supplementary information as listed in the table of contents, be presented to supplement the basic financial

statements. Such information, although not a part of the basic financial statements, is required by the

Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting

for placing the basic financial statements in an appropriate operational, economic, or historical context. We

have applied certain limited procedures to the required supplementary information in accordance with

auditing standards generally accepted in the United States of America, which consisted of inquiries of

management about the methods of preparing the information and comparing the information for consistency

with management’s responses to our inquiries, the basic financial statements, and other knowledge we

obtained during our audit of the basic financial statements. We do not express an opinion or provide any

assurance on the information because the limited procedures do not provide us with sufficient evidence to

express an opinion or provide any assurance.

Other Information

Our audit was conducted for the purpose of forming opinions on the financial statements that collectively

comprise the Forest Preserve District of Kane County, Illinois’ basic financial statements. The introductory

section, combining and individual fund financial statements and budgetary comparison schedules,

supplemental schedules, and statistical section are presented for purposes of additional analysis and are not

a required part of the basic financial statements.

The combining and individual fund financial statements and budgetary comparison schedules and

supplemental schedules are the responsibility of management and were derived from and relate directly to

the underlying accounting and other records used to prepare the basic financial statements. Such information

has been subjected to the auditing procedures applied in the audit of the basic financial statements and

certain additional procedures, including comparing and reconciling such information directly to the

underlying accounting and other records used to prepare the basic financial statements or to the basic

financial statements themselves, and other additional procedures in accordance with auditing standards

generally accepted in the United States of America. In our opinion, the combining and individual fund

financial statements and budgetary comparison schedules and supplemental schedules are fairly stated, in

all material respects, in relation to the basic financial statements as a whole.

The introductory and statistical sections have not been subjected to the auditing procedures applied in the

audit of the basic financial statements and, accordingly, we do not express an opinion or provide any

assurance on them.

Lauterbach & Amen, LLP LAUTERBACH & AMEN, LLP

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MANAGEMENT’S DISCUSSION AND ANALYSIS

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FOREST PRESERVE DISTRICT OF KANE COUNTY MANAGEMENT’S DISCUSSION AND ANALYSIS

FOR THE YEAR ENDED JUNE 30, 2019 As the management of the Forest Preserve District of Kane County (the District), we offer readers of the District’s financial statements this narrative overview and analysis of the financial activities for the fiscal year ended June 30, 2019. We encourage readers to consider the information presented here in conjunction with additional information that we have furnished in our letter of transmittal, which may be found on pages 3 through 9 of this report. USING THE FINANCIAL SECTION OF THIS COMPREHENSIVE ANNUAL REPORT In the past, the primary focus of local government financial statements has been to summarize fund type information on a current financial resource basis. Since 2003, this approach has been modified and the District’s financial statements now present two kinds of statements, each with a different snapshot of the District’s finances. The focus of the financial statements is on both the District as a whole (government-wide), and on the major individual funds. Both perspectives (government-wide and major fund) allow the user to address relevant questions, broaden a basis for comparison (year-to-year or government-to-government) and enhance the District’s accountability.

Government-Wide Financial Statements The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to private-sector business. The government-wide financial statements include the Statement of Net Position and the Statement of Activities. The Statement of Net Position presents information on all of the District’s assets/deferred outflows of resources and liabilities/deferred inflows of resources. Net position is being reported as the amount of assets/deferred outflows less liabilities/deferred inflows. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating. The Statement of Activities presents information showing how the District’s net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of the cash flows. Thus, revenues and expenses are reported in this statement for some items that will result only in cash flows in future fiscal periods (for example, earned but unused vacation leave). The change in net position presents the financial burden that was placed on the District’s taxpayers by each of these functions. Providing this information allows the public to consider the cost of each function in comparison to the benefits they believe are provided by that function. Both government-wide financial statements distinguish functions of the District that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the District include general government and capital projects. The business-type activities include the Northwestern Medicine Field. The government-wide financial statements can be found on pages 25 – 28 of this report.

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Fund Financial Statements A fund is a grouping of related accounts used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the District can be divided into two categories: governmental funds and proprietary funds.

Governmental Funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as, balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements.

The focus of governmental funds is narrower than that of the government-wide financial statements. Therefore, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities as shown respectively on page 31 and page 34.

The District maintains seven individual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balances for the General, Debt Service, Construction and Development, and Land Acquisition funds. All of these are considered to be “major” funds. Data from the other three governmental funds are combined into a single, aggregate presentation. Individual fund data for each of the non-major governmental funds is provided in the combining statements on pages 84 – 85 in this report.

The District adopts an annual budget for all governmental funds. Budgetary comparison schedules have been provided to demonstrate compliance with the budget shown on pages 77 - 83 and pages 86 - 90.

The basic governmental fund financial statements can be found on pages 29 - 34 of this report.

Proprietary Funds. The District maintains one type of proprietary fund called an enterprise fund. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The District uses an enterprise fund to account for the Cultural and Events Center.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. Proprietary fund financial statements provide separate information for the baseball ballpark, which is considered to be a major fund of the District.

The basic proprietary fund financial statements can be found on pages 35 – 37 of this report.

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Notes to the Financial Statements The notes provide additional information that is essential to understanding the data provided in the government-wide and fund financial statements. The notes to the financial statements can be found on pages 38 – 72 of this report.

Other Information In addition to the basic financial statements and accompanying notes, this report also presents certain required, supplementary information concerning the District’s progress in funding its obligation to provide benefits for its employees and a budgetary comparison schedule for the General Fund. Required supplementary information can be found on pages 73 – 80 of this report.

The combining and individual fund statements, referred to earlier in connection with Governmental Funds, are presented immediately following the required supplementary information. Combining and individual fund statements and schedules can be found on pages 81 – 91 of this report.

Financial Analysis of the District as a Whole Beyond presenting current-year financial information in the government-wide and major individual fund formats, the District also presents comparative information from prior years in the Management’s Discussion and Analysis. By doing this, the District strives to provide the best means of analyzing its financial condition and position as of June 30, 2019.

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GOVERNMENT-WIDE STATEMENTS

Statement of Net Position

Net position may serve over time as a useful indicator of a government’s financial position. The following table presents a condensed summary of net position as of June 30, 2019, along with 2018 data for comparison:

Table 1 Statement of Net Position

As of June 30, 2019, and 2018 (in thousands)

2019 2018 2019 2018 2019 2018Assets:

77,394$ 82,878$ 3,593$ 3,938$ 80,987$ 86,816$ 438,047 430,792 11,148 11,787 449,195 442,579

515,441 513,670 14,741 15,725 530,182 529,395

Deferred Outflows: 3,765 3,273 220 244 3,985 3,517

Current liabilities 14,546 14,870 490 486 15,036 15,356 Non-current liabilities: 138,418 144,580 4,315 5,296 142,733 149,876

152,964 159,450 4,805 5,782 157,769 165,232

Deferred Inflows: 23,960 24,752 - - 23,960 24,752

318,610 308,803 6,568 6,756 325,178 315,559 6,136 4,948 - - 6,136 4,948

Unrestricted (deficit) 17,537 17,103 3,588 3,917 21,125 21,020

Total Net Position 342,283$ 330,854$ 10,156$ 10,673$ 352,439$ 341,527$

Net investment in capital assetsRestricted

Capital assets

Total assets

Liabilities:

Governmental

Total liabilities

Net Position:

Business-type TotalActivities Activities Activities

Current and other assets

The District’s assets/deferred outflows of resources exceeded its liabilities/deferred inflows of resources by $352 million at June 30, 2019. By far, the largest portion of the District’s net position 92.3% or $325.2 million is in its net investment in capital assets (for example, land, buildings, machinery and equipment) less any related outstanding debt used to acquire those capital assets. The District uses these assets to provide services to citizens; consequently, these assets are not available for future spending. Although the District’s investment in its capital assets is reported net of related debt, the resources needed to repay this debt must be from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

An additional 1.7% or $6.1 million of the District’s net position represents resources that are subject to external restrictions that govern their use. The remaining 6.0% or $21.1 million represents unrestricted net position that may be used to meet the District’s ongoing obligations to citizens and creditors.

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The deferred outflows of $4.0 million shown on the Statement of Net Position are due to a $2.4 million loss on refunding of general obligation bonds and $1.5 million of deferred items due to the GASB Statement No. 68 which has been implemented in fiscal year 2015 for reporting the Illinois Municipal Retirement Fund. Due to the implementation of GASB Statement No. 75, the deferred outflows now includes the total OPEB liability for further transparency. The Statements establish standards for measuring and recognizing liabilities, deferred outflows of resources, deferred inflows of resources, and expense/expenditures related to the pension plans. The Statement specifically identifies the methods and assumptions that are to be used in calculating and disclosing these pension-related accounts in the financial statements, see pages 65 and 70 in the notes for additional note disclosures.

The increase in Net Position from the prior year, illustrated above, was mainly due to the District paying off General Obligation bonds in combination with purchasing land during the fiscal year. A further description of the properties acquired in the fiscal year are on MD&A pages 22 - 23. Due to the reduction in General Obligation bonds, non-current liabilities decreased $7.1 million, which was a 4.8% decrease to long-term debt.

For more detailed information, see the Statement of Revenues, Expenditures, and Changes in Fund Balance on pages 32 – 33.

Changes in Net Position

The following table presents a condensed summary of changes in net position as of June 30, 2019, along with 2018 data for comparison: Table 2

Changes in Net Position For the Fiscal Year Ended June 30, 2019 and 2018

(in thousands)

2019 2018 2019 2018 2019 2018RevenuesProgram Revenues:

2,833 2,692 165 726 2,998 3,418 Capital Grants and Contributions 106 4,076 83 - 189 4,076

Taxes 22,856 29,295 - - 22,856 29,295 1,419 964 120 23 1,539 987

Miscellaneous 468 442 - - 468 442

27,682 37,469 368 749 28,050 38,218

ExpensesProgram Expenses:

General Government 9,976 9,127 - - 9,976 9,127 1,579 2,057 - - 1,579 2,057 4,698 1,517 - - 4,698 1,517

- - 885 887 885 887

Total Expenses 16,253 12,701 885 887 17,138 13,588

Change in Net Position 11,429$ 24,768$ (517)$ (138)$ 10,912$ 24,630$

330,854$ 306,086$ 10,673$ 10,811$ 341,527$ 316,897$ Ending Net Position 342,283$ 330,854$ 10,156$ 10,673$ 352,439$ 341,527$

Charges for Services

Investment Income

TotalActivities

Governmental Business-typeActivities Activities

Beginning Net Position

Total Revenue

Land Acquisition & DevelopmentInterest and Fiscal Charges

Cultural & Events Center

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The overall net position increased by 3.2% in 2019 to $352.4 million, as compared to the previous year’s net position of $341.5 million. This increase was due to the overall revenues exceeding expenses during the fiscal year. Interest and fiscal charges increased by 209.7%, or $3.1 million compared to the prior year. The District also received a capital contribution in the enterprise fund during the fiscal year of $82,570. This capital contribution is further discussed below.

Total revenue in 2019 decreased 26.6% to $28.1 million, as compared to the previous year’s revenue of $38.2 million. The decrease was mainly due to decreased property taxes in the Debt Service fund in the fiscal year due to general obligation bonds being paid down. Another large decrease was due to fewer capital grants and contributions in the current year. Further descriptions of other revenues are detailed below:

Charges for services and user fees decreased 12.3% during the year. This decrease was mainly due to the District negotiating a new contract with the Kane County Cougars that will continue through fiscal year 2035.

Property and replacement tax revenue decreased 22% in 2019, which is primarily due to the reduction in property taxes required from the tax levy to pay debt service payments during the fiscal year. The operating property tax levy was increased by the consumer price index and new construction during the fiscal year, but the increase in operating was drastically offset by the decrease in property taxes needed to pay referenda and non-referenda debt in the Debt Service Fund. The referenda debt was approved by the citizens of Kane County.

Capital grants and contributions decreased by 95.4%. This decrease was due to the District receiving less grant revenue during the fiscal year. The District had obtained grant revenue from CMAP for the Great Western Trail project in the amount of $52,173 as well as an RTP grant for the Hoscheit Woods Forest Preserve in the amount of $25,861. The enterprise fund also received a capital contribution from the installation of safety netting at the Kane County Cougars’ infield valued at $82,570.

Governmental Activities

Revenue from Governmental Activities decreased 26.1% or from $37.5 million in fiscal year 2018 to $27.7 million for fiscal year 2019. The decrease primarily resulted from a decrease in taxes received in the year. In addition, despite the property tax operating levy being increased by the consumer price index plus new construction in the current fiscal year, the total levy decreased due to debt being paid off. Property tax revenues represent the largest portion of the revenue base, yielding 82.6% of the total revenue. Property taxes fund Governmental Activities including, but not limited to, the District’s contribution to the General Fund, Illinois Municipal Retirement Fund (IMRF), Social Security Fund, Insurance Liability Fund, Construction & Development Fund and Debt Service Fund.

Charges for services accounted for 10.2% of total revenues. The District does not receive all of its funding through property tax revenue. Therefore, it also must charge a fee for programs and services, as well as the use of its farm land in order to cover expenditures. These fees are evaluated each year, before the preparation of the following fiscal year’s budget.

The cost of all governmental activities this year was $16.3 million. General government expenses accounted for 61.4% of total expenses or $10 million. These expenses included administrative services needed to support all District operations. Also included in total expenses for governmental activities in 2019 is $1.1 million in depreciation expense. Interest and fiscal charges accounted for 28.9% of total

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expenses or $4.7 million. This amount reflects unamortized premium on bonds. Land acquisition and development expenses captured 9.7% of the total expenses or $1.6 million; this includes costs associated with adding new properties and opening new facilities. The following graph illustrates the major sources of revenue for governmental activities for fiscal year 2019.

The following graph identifies the significant percentage of user fees received by the District:

The ‘Expense and Program Revenue’ chart reveals governmental functions where program expenses greatly exceed revenues. As presented above, the General Government expenses are in part funded by charges for services, however the costs are primarily funded through property tax revenue.

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Business-type Activities

Total revenues of the District’s business-type activities decreased 50.9% or from $749,685 in 2018 to $368,035 in 2019. This decrease was primarily due to a new agreement and timing of revenues received from baseball income in 2019. The new agreement with the Cougars can be found on Page 62 of the financial report.

Charges for services decreased 77.3% or $561,000 during the fiscal year. Charges for services primarily reflect the payments received for baseball activities.

Total expenses decreased 0.2% from $887,480 to $885,145 in 2019. The decrease in expenses was mainly due to a reduction in interest paid for the 2016B general obligation bonds in the current year.

FINANCIAL ANALYSIS OF THE GOVERNMENT’S FUNDS

As noted earlier, the Forest Preserve District of Kane County uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements.

Governmental Funds

The focus on the District’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. In particular, an unrestricted/unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of a fiscal year.

At the end of the 2019 fiscal year, governmental funds reported a combined ending fund balance of $51.9 million, decreasing approximately 10.1% or $5.8 million from fiscal year 2018. The major funds that caused the overall decrease in governmental fund balance was the Land Acquisition Fund. A further explanation of the activity between funds is detailed below.

The Land Acquisition Fund decreased 22.6% or $6.7 million. The decrease was mainly due to the District acquiring several properties in the fiscal year. All of the properties are detailed on pages 22 - 23.

The fund balance in the Construction and Development Fund is $17.3 million. Going forward the District expects to reduce the Construction and Development Fund in order to finance future capital improvements. The fund balance decreased 2.0% or $.3 million due expenditures for projects during the year. This fund also has three restrictions. The first restricted fund balance of $1.65 million which represents funds dedicated to the City of Aurora, for bridge construction and engineering that will form a connection for the bike and pedestrian path. The second restriction of $425,019 represents grant funds dedicated from the IDNR for removal of a causeway at the Fabyan Forest Preserve. The third restriction of $500,000 represents grant funds dedicated for the Carpentersville Dam removal.

The fund balance in the Debt Service Fund increased 40.7% or $946,937 from fiscal year 2018. The Debt Service Fund is used to pay the bond principal payments and interest. The fund balance increased during the year mainly due to increased interest earned in the fund.

The fund balance in the General Fund increased 5.5% or $411,828 from fiscal year 2018. More information on the General fund highlights is found on the next page.

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Proprietary Fund

The District’s Proprietary Fund provides the same type of information found in the government-wide financial statements. The District reports the operations of the Northwestern Medicine Field within this fund.

The debt service attributable to the expansion of the ballpark in 2008 is fully supported by the rent received. The goal of the operation is to be profitable, as its net position are either restricted for debt service or reinvested into the facilities. For Fiscal Year 2019, the operation generated an operating loss of approximately $591,758, compared to the previous year where the operation reported an operating loss of $23,763. The operating income decreased due to a change in the timing of payments in the fiscal year due to a new agreement that will guarantee $500,000 each year in baseball revenue.

The net position for the operation was reported at approximately $10.2 million in 2019. The net position is primarily composed of capital assets, net of related debt, $6.6 million; the operation has approximately $3.6 million in unrestricted net position.

GENERAL FUND BUDGETARY HIGHLIGHTS

There were no budget amendments made during the year in the General Fund. The fund balance increased in the General Fund by $411,828 due to conservative spending during the fiscal year. The District has been very cautious of project costs and was again successful in having excess revenue over costs in the fiscal year.

Total revenues came in above budget by $177,923 or 1.9% at $9.6 million. Major revenue sources exceeding the budget include personal property replacement tax, interest, and miscellaneous revenue. Personal property replacement tax revenue was more favorable than the original estimates provided by the Illinois Municipal League. Interest income exceeded the budget due to the Federal Reserve increasing rates which made the District’s returns more favorable. The miscellaneous revenue was higher than budgeted due to reimbursements for insurance claims in the fiscal year.

General government expenditures were under budget by approximately 2.3% or $201,785 compared to the 2019 budget. Items such as contractual services and contingencies were all below the budgeted amounts. Contractual services were lower than the budget due to the favorable rates for services during the fiscal year. The contingency line item is only intended to be used to cover unexpected expenses. For Fiscal year 2019, the District was able to minimize expenses from this line item.

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CAPITAL ASSETS AND LONG-TERM DEBT

Capital Assets

The following schedule reflects the District’s capital asset balances as of June 30, 2019, with 2018 data for comparison:

Table 3 Capital Assets

As of June 30, 2019 and 2018

2019 2018 2019 2018 2019 2018Capital Assets:

Land 410,486,689$ 403,364,614$ 1,154,351$ 1,154,351$ 411,641,040$ 404,518,965$ Construction-In-Progress 3,071,978 2,798,828 - - 3,071,978 2,798,828 Buildings & Improvements 11,813,507 11,645,275 9,645,004 10,243,929 21,458,511 21,889,204 Land Improvements - - 348,980 388,864 348,980 388,864 Machinery & Equipment 654,252 300,359 - - 654,252 300,359 Infrastructure 12,020,953 12,683,194 - - 12,020,953 12,683,194

438,047,379$ 430,792,270$ 11,148,335$ 11,787,144$ 449,195,714$ 442,579,414$ Net Capital Assets

Governmental Business-type TotalActivities Activities Activities

At fiscal year end, the District’s investment in capital assets for both governmental and business-type activities grew $6.6 million to a total of $449.2 million (net of accumulated depreciation), representing a 1.5% increase over the prior fiscal year. The investment in capital assets includes land, construction-in-progress, buildings and improvements, land improvements, machinery and equipment and infrastructure. A majority of the construction in progress from the current fiscal year was due to the new Natural Resources facility, the Raymond Street tunnel project, Fabyan pedestrian bridge, Great Western Trail extension, and the Settler’s Hill Golf Course improvements.

Among capital highlights for 2019 are the following land acquisitions:

• Land Acquisitions

The District acquired parcels that totaled 531.02 acres during the fiscal year:o Fox River Shores Forest Preserve- .5 Acreso Binnie Woods Forest Preserve – 1.35 Acreso Ferson Creek Forest Preserve – 60 Acreso Raceway Woods Forest Preserve – 86 Acreso Glenwood Forest Preserve – 6 Acreso Muirhead Springs Forest Preserve – 161.04 Acreso Fox River Bluff Forest Preserve – 12.5 Acreso Helm Woods Forest Preserve – 14.4 Acreso Bowes Creek Forest Preserve – 23 Acreso Campton Township Parcel (Hawkins) – 53.23 Acreso Big Rock Forest Preserve – 113 Acres

For more information on the District’s capital assets, see note 3 for the financial statements on pages 50 – 51.

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Long-Term Debt

At June 30, 2019, the District’s total outstanding bonded debt decreased $10.2 million or 6.6% to $144.4 million, compared to $154.6 million in the previous fiscal year. This decrease reflects the reduction in debt due to principal payments during the fiscal year. The total outstanding debt includes $139.6 million in general obligation bonds, backed by the full faith and credit of the District. The debt service on the general obligation bonds will be repaid with property taxes. Additionally, the District has $4.8 million in taxable general obligation bonds (alternate revenue source) outstanding. The annual amount to repay this debt is abated and the revenues generated from the business-type activities are used to repay the debt. These bonds were issued to build the suites and administrative offices at Northwestern Medicine Field.

The table below summarizes the District’s bonded and similar indebtedness.

Table 4 Bonded and Similar Indebtedness

As of June 30, 2019 and 2018

2019 2018 2019 2018 2019 2018Long-term Debt

General Obligation Bonds 139,615,000$ 149,300,000$ 4,800,000$ 5,275,000$ 144,415,000$ 154,575,000$

139,615,000$ 149,300,000$ 4,800,000$ 5,275,000$ 144,415,000$ 154,575,000$ Total Long-term Debt

TotalActivities

GovernmentalActivities

Business-typeActivities

The District’s computation of legal debt margin is subject to a statutory debt limitation of 2.3% of equalized assessed valuation. The schedule is shown on page 54. All of the District’s outstanding debt issues have been given a credit rating of AA+ by Standard & Poor’s. According to Standard & Poor’s, the rating reflects the District’s:

• History of positive financial operations that have enabled the District to build up very strongreserves;

• Participation in the deep and diverse Chicago metropolitan area economy;• Strong income level and very strong per capita market value;• And, moderate overall debt burden.

For more detailed information on the District’s bonded and similar indebtedness, see note 3 in the notes to the financial statements on pages 51 – 56.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGET AND RATES

The District’s elected and appointed officials considered many factors when setting the fiscal-year 2020 budget, including tax rates and fees that will be charged for its various activities. One of those factors is the economy. The District is faced with a similar economic environment as many of the other local municipalities are faced with, including uncertainty in the economy and possible interest rate cuts by the Federal Reserve due to a possible overall economic slowdown.

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CONTACTING THE DISTICT’S FINANCIAL MANAGEMENT This financial report is designed to provide our citizens, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the money it receives. Questions concerning this report or requests for additional financial information should be directed to Ken Stanish, Chief Financial Officer, Forest Preserve District of Kane County, 1996 South Kirk Road, Suite 320, Geneva, Illinois 60134.

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• Government-Wide Financial Statements

• Fund Financial Statements

Governmental Funds

Proprietary Fund

BASIC FINANCIAL STATEMENTS

The basic financial Statements include integrated sets of financial statements as required by the GASB. The setsof statements include:

In addition, the notes to the financial statements are included to provide information that is essential to a user’sunderstanding of the basic financial statements.

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Statement of Net PositionJune 30, 2019

Business-TypeActivities Totals

Current Assets

Cash and Investments $ 61,475,171 3,528,604 65,003,775

Receivables - Net of AllowancesProperty Taxes 13,334,687 - 13,334,687Accounts 809,234 57,012 866,246Interest 9,038 7,565 16,603

Due from Other Governments 1,756,892 - 1,756,892

Prepaids 9,233 - 9,233

Total Current Assets 77,394,255 3,593,181 80,987,436

Noncurrent Assets

Capital Assets Nondepreciable 413,558,667 1,154,351 414,713,018Depreciable 44,441,074 22,084,093 66,525,167Accumulated Depreciation (19,952,362) (12,090,109) (32,042,471)

Total Noncurrent Assets 438,047,379 11,148,335 449,195,714

Total Assets 515,441,634 14,741,516 530,183,150

Loss on Refunding 2,204,888 219,706 2,424,594Deferred Items - IMRF 1,534,574 - 1,534,574Deferred Items - PHP 25,138 - 25,138

Total Deferred Outflows of Resources 3,764,600 219,706 3,984,306

Total Assets and Deferred Outflowsof Resources 519,206,234 14,961,222 534,167,456

ASSETS

DEFERRED OUTFLOWS OF RESOURCES

GovernmentalActivities

The notes to the financial statements are an integral part of this statement.25 Packet Pg. 73

Business-TypeActivities Totals

Current LiabilitiesAccounts Payable $ 970,388 - 970,388Accrued Payroll 241,951 - 241,951Other Payables 1,184,255 - 1,184,255Retainage Payable 114,330 - 114,330Accrued Interest Payable 217,707 5,168 222,875Current Portion of Long-Term Liabilities 11,817,360 485,000 12,302,360

Total Current Liabilities 14,545,991 490,168 15,036,159Noncurrent Liabilities

Compensated Absences Payable 267,571 - 267,571Net Pension Liability - IMRF 2,686,363 - 2,686,363Total OPEB Liability - PHP 197,192 - 197,192General Obligation Bonds Payable - Net 135,266,383 4,315,000 139,581,383

Total Noncurrent Liabilities 138,417,509 4,315,000 142,732,509Total Liabilities 152,963,500 4,805,168 157,768,668

Property Taxes 23,023,684 - 23,023,684Deferred Items - IMRF 648,679 - 648,679Deferred Items - PHP 287,700 - 287,700

Total Deferred Inflows of Resources 23,960,063 - 23,960,063

Total Liabilities and Deferred Inflowsof Resources 176,923,563 4,805,168 181,728,731

Net Investment in Capital Assets 318,609,610 6,568,041 325,177,651Restricted - Illinois Municipal Retirement 196,827 - 196,827Restricted - Liability Insurance 131,593 - 131,593Restricted - Social Security 174,830 - 174,830Restricted - Debt Service 3,057,780 - 3,057,780Restricted - Fabyan Causeway 425,019 - 425,019Restricted - Carpentersville Dam 500,000 - 500,000Restricted - Capital Projects 1,650,000 - 1,650,000Unrestricted 17,537,012 3,588,013 21,125,025

Total Net Position 342,282,671 10,156,054 352,438,725

NET POSITION

LIABILITIES

ActivitiesGovernmental

DEFERRED INFLOWS OF RESOURCES



Statement of ActivitiesFor the Fiscal Year Ended June 30, 2019

Charges Operating Capitalfor Grants/ Grants/

Services Contributions Contributions

Governmental ActivitiesGeneral Government $ 9,975,169 2,833,358 - 4,898Land Acquisition and Development 1,579,243 - - 100,759Interest on Long-Term Debt 4,698,260 - - -

Total Governmental Activities 16,252,672 2,833,358 - 105,657

Business-Type ActivitiesCultural and Events Center 885,145 165,000 - 82,570

Total Primary Government 17,137,817 2,998,358 - 188,227

General Revenues Taxes Property Replacement Taxes Interest Miscellaneous

Change in Net Position

Net Position - Beginning

Net Position - Ending

Program Revenues

Expenses


Governmental Business-TypeActivities Activities Totals

(7,136,913) - (7,136,913)(1,478,484) - (1,478,484)(4,698,260) - (4,698,260)

(13,313,657) - (13,313,657)

- (637,575) (637,575)

(13,313,657) (637,575) (13,951,232)

22,575,258 - 22,575,258280,847 - 280,847

1,418,694 120,465 1,539,159467,809 - 467,809

24,742,608 120,465 24,863,073

11,428,951 (517,110) 10,911,841

330,853,720 10,673,164 341,526,884

342,282,671 10,156,054 352,438,725

Net (Expenses)/RevenuesPrimary Government



Balance Sheet - Governmental FundsJune 30, 2019

DebtService

Cash and Investments $ 11,328,892 9,823,040Receivables - Net of Allowances

Property Taxes 3,927,751 9,324,374Accounts 383,303 226,072Interest 7,565 1,473

Due from Other Governments - - Prepaids 9,233 -

Total Assets 15,656,744 19,374,959

Accounts Payable 522,926 - Accrued Payroll 241,951 - Deposits Payable 114,330 - Other Payables 151,868 -

Total Liabilities 1,031,075 -

Property Taxes 6,781,658 16,099,472Total Liabilities and Deferred Inflows of Resources 7,812,733 16,099,472

Nonspendable 9,233 - Restricted - 3,275,487Assigned - - Unassigned 7,834,778 -

Total Fund Balances 7,844,011 3,275,487

Total Liabilities, Deferred Inflows of Resources and Fund Balances 15,656,744 19,374,959

FUND BALANCES

General

ASSETS

LIABILITIES



Construction Landand Development Acquisition Nonmajor Totals

18,245,440 21,375,013 702,786 61,475,171

65,138 - 17,424 13,334,687131,140 41,001 27,718 809,234

- - - 9,038256,892 1,500,000 - 1,756,892

- - - 9,233

18,698,610 22,916,014 747,928 77,394,255

301,658 5,300 140,504 970,388- - - 241,951- - - 114,330

1,032,387 - - 1,184,2551,334,045 5,300 140,504 2,510,924

112,467 - 30,087 23,023,6841,446,512 5,300 170,591 25,534,608

- - - 9,2332,575,019 - 503,250 6,353,756

14,677,079 22,910,714 74,087 37,661,880- - - 7,834,778

17,252,098 22,910,714 577,337 51,859,647

18,698,610 22,916,014 747,928 77,394,255

Capital Projects



Reconciliation of Total Governmental Fund Balance toNet Position - Governmental Activities

June 30, 2019

Total Governmental Fund Balances $ 51,859,647

Amounts reported for governmental activities in the Statement of Net Positionare different because:

Capital assets used in governmental activities are not financialresources and therefore, are not reported in the funds. 438,047,379

Deferred outflows (inflows) of resources related to the pensions not reportedin the funds.

Deferred Items - IMRF 885,895Deferred Items - PHP (262,562)

Long-term liabilities are not due and payable in the currentperiod and therefore are not reported in the funds.

Compensated Absences Payable (334,464)Net Pension Liability - IMRF (2,686,363)Total OPEB Liability - PHP (197,192)General Obligation Bonds Payable (139,615,000)Unamortized Premium on Bonds Payable (7,421,490)Unamortized Discount on Bonds Payable 19,640Unamortized Loss on Bond Refunding 2,204,888Accrued Interest Payable (217,707)

Net Position of Governmental Activities 342,282,671



Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental FundsFor the Fiscal Year Ended June 30, 2019

See Following Page

Packet Pg. 80


Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental FundsFor the Fiscal Year Ended June 30, 2019

DebtService

RevenuesTaxes $ 6,823,075 15,886,396Licenses, Permits and Fees 364,688 - Intergovernmental 4,898 - Charges for Services 1,895,090 - Fines and Forfeitures 11,231 - Interest 280,014 205,280Miscellaneous 191,651 -

Total Revenues 9,570,647 16,091,676

ExpendituresCurrent

General Government 7,699,772 - Land Acquisition and Development - -

Capital Outlay 716,652 - Debt Service

Principal Retirement - 9,685,000Interest and Fiscal Charges - 5,459,739

Total Expenditures 8,416,424 15,144,739

Excess (Deficiency) of RevenuesOver (Under) Expenditures 1,154,223 946,937

Other Financing Sources (Uses)Transfer In - - Transfer Out (742,395) -

(742,395) -

Net Change in Fund Balances 411,828 946,937

Fund Balances - Beginning 7,432,183 2,328,550

Fund Balances - Ending 7,844,011 3,275,487

General


Construction Landand Development Acquisition Nonmajor Totals

112,032 - 34,602 22,856,105- - - 364,688

100,759 - - 105,657562,349 - - 2,457,439

- - - 11,231397,012 528,952 7,436 1,418,69450,000 224,658 1,500 467,809

1,222,152 753,610 43,538 27,681,623

667,732 49,810 1,032,996 9,450,310320,430 - - 320,430482,794 7,396,301 - 8,595,747

- - - 9,685,000- - - 5,459,739

1,470,956 7,446,111 1,032,996 33,511,226

(248,804) (6,692,501) (989,458) (5,829,603)

- - 842,395 842,395(100,000) - - (842,395)(100,000) - 842,395 -

(348,804) (6,692,501) (147,063) (5,829,603)

17,600,902 29,603,215 724,400 57,689,250

17,252,098 22,910,714 577,337 51,859,647

Capital Projects



Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances to the Statement of Activities - Governmental Activities

For the Fiscal Year Ended June 30, 2019

Net Change in Fund Balances - Total Governmental Funds $ (5,829,603)

Amounts reported for governmental activities in the Statement of Activitiesare different because:

Governmental funds report capital outlays as expenditures. However, in theStatement of Activities the cost of those assets is allocated over their estimateduseful lives and reported as depreciation expense.

Capital Outlays 8,677,567Depreciation Expense (1,198,585)Disposals - Cost (223,873)

The net effect of deferred outflows (inflows) of resources related to the pensionsnot reported in the funds.

Change in Deferred Items - IMRF 1,929,293Change in Deferred Items - PHP 24,865

The issuance of long-term debt provides current financial resources togovernmental funds, while the repayment of the principal on long-termdebt consumes the current financial resources of the governmental funds.

(Increase) to Compensated Absences Payable (47,921)(Increase) to Net Pension Liability - IMRF (2,343,456)(Increase) to Total OPEB Liability - PHP (5,815)Retirement of General Obligation Bonds Payable - Net 10,720,467Amotization of Loss on Bond Refunding (290,367)

Changes to accrued interest on long-term debt in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental funds. 16,379

Changes in Net Position of Governmental Activities 11,428,951



Statement of Net Position - Proprietary Funds June 30, 2019

Current AssetsCash and Investments $ 3,528,604Receivables - Net of Allowances

Accounts 57,012Interest 7,565

Total Current Assets 3,593,181Noncurrent Assets

Capital AssetsNondepreciable 1,154,351Depreciable 22,084,093Accumulated Depreciation (12,090,109)

Total Noncurrent Assets 11,148,335

Total Assets 14,741,516

Loss on Refunding 219,706

Total Assets and Deferred Outflows of Resources 14,961,222

Current LiabilitiesAccrued Interest Payable 5,168General Obligation Bonds Payable 485,000

Total Current Liabilities 490,168

Noncurrent LiabilitiesGeneral Obligation Bonds Payable 4,315,000

Total Liabilities 4,805,168

Net Investment in Capital Assets 6,568,041Unrestricted 3,588,013

Total Net Position 10,156,054

Business-Type

Cultural andEvents Center

NET POSITION

LIABILITIES

Activities

ASSETS

DEFERRED OUTFLOWS OF RESOURCES



Statement of Revenues, Expenses and Changes in Fund Net Position - Proprietary FundsFor the Fiscal Year Ended June 30, 2019

Operating RevenuesCharges for Services $ 165,000

Operating ExpensesOperations 10,967Depreciation and Amortization 745,791

Total Operating Expenses 756,758

Operating (Loss) (591,758)

Nonoperating Revenues (Expenses)Interest Income 120,465Interest Expense (128,387)

(7,922)

Income (Loss) Before Contributions (599,680)

Capital Contribution 82,570

Change in Net Position (517,110)

Net Position - Beginning 10,673,164

Net Position - Ending 10,156,054

Activities

Events CenterCultural and

Business-Type



Statement of Cash Flows - Proprietary FundsFor the Fiscal Year Ended June 30, 2019

Cash Flows from Operating ActivitiesReceipts from Customers and Users $ 621,508Payments to Suppliers (26,363)

595,145

Cash Flows from Capital and Related Financing ActivitiesPrincipal Payments (475,000)Interest Expense (128,387)

(603,387)

Cash Flows from Investing ActivitiesInterest Received 120,465

Net Change in Cash and Cash Equivalents 112,223

Cash and Cash Equivalents - Beginning 3,416,381

Cash and Cash Equivalents - Ending 3,528,604

Reconciliation of Operating Income to Net Cash Provided (Used) by Operating ActivitiesOperating Income (Loss) (591,758)Adjustments to Reconcile Operating Income

Income to Net Cash Provided by(Used in) Operating Activities:

Depreciation and Amortization 745,791(Increase) Decrease in Current Assets 456,508Increase (Decrease) in Current Liabilities (15,396)

Net Cash Provided by Operating Activities 595,145

Noncash Capital and Related Financing ActivitiesCapital Contributions 82,570

ActivitiesCultural and

Events Center

Business-Type


FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The government-wide financial statements of the Forest Preserve District of Kane County (the District), Illinois, are prepared in accordance with generally accepted accounting principles (GAAP). The Governmental Accounting Standards Board (GASB) is responsible for establishing GAAP for state and local governments through its pronouncements (Statements and Interpretations). The more significant of the District’s accounting policies established in GAAP and used by the District are described below. REPORTING ENTITY The District’s financial reporting entity comprises the following:

Primary Government: Forest Preserve District of Kane County In determining the financial reporting entity, the District complies with the provisions of GASB Statement No. 61, “The Financial Reporting Omnibus – an Amendment of GASB Statements No. 14 and No. 34,” and includes all component units that have a significant operational or financial relationship with the District. Based upon the criteria set forth in the GASB Statement No. 61, there are no component units included in the reporting entity. However, the District is considered to be a component unit of Kane County since the Board of the District is the same as the County. BASIS OF PRESENTATION Government-Wide Statements The District’s basic financial statements include both government-wide (reporting the District as a whole) and fund financial statements (reporting the District’s major funds). Both the government-wide and fund financial statements categorize primary activities as either governmental or business-type. The District’s public improvements, development, culture and recreation, and general administrative services are classified as governmental activities. The District’s cultural and events center activities are classified as business-type activities. In the government-wide Statement of Net Position, both the governmental and business-type activities columns are: (a) presented on a consolidated basis by column, and (b) reported on a full accrual, economic resource basis, which recognizes all long-term assets/deferred outflows and receivables as well as long-term debt/deferred inflows and obligations. The District’s net position is reported in three parts: net investment in capital assets; restricted; and unrestricted. The District first utilizes restricted resources to finance qualifying activities. The government-wide Statement of Activities reports both the gross and net cost of each of the District’s functions and business-type activities. The functions are supported by general government revenues (property, personal property taxes, certain intergovernmental revenues, fines, permits and charges for services, etc.). The Statement of Activities reduces gross expenses (including depreciation) by related program revenues, which include 1) changes to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment.

38 Packet Pg. 87

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued BASIS OF PRESENTATION – Continued Government-Wide Statements – Continued The net costs (by function or business-type activity) are normally covered by general revenue (property, sales and use taxes, certain intergovernmental revenues, permits and charges for services, etc.). This government-wide focus is more on the sustainability of the District as an entity and the change in the District’s net position resulting from the current year’s activities. Fund Financial Statements The financial transactions of the District are reported in individual funds in the fund financial statements. Each fund is accounted for by providing a separate set of self-balancing accounts that comprise its assets/deferred outflows, liabilities/deferred inflows, fund equity, revenues and expenditures/expenses. Funds are organized into three major categories: governmental, proprietary, and fiduciary. The emphasis in fund financial statements is on the major funds in either the governmental or business-type activities categories. Nonmajor funds by category are summarized into a single column. GASB Statement No. 34 sets forth minimum criteria (percentage of the assets/deferred outflows, liabilities/deferred inflows, revenues or expenditures/expenses of either fund category or the governmental and enterprise combined) for the determination of major funds. The nonmajor funds are combined in a column in the fund financial statements. A fund is considered major if it is the primary operating fund of the District or meets the following criteria:

Total assets/deferred outflows, liabilities/deferred inflows, revenues, or expenditures/expenses of that individual governmental or enterprise fund are at least 10 percent of the corresponding total for all funds of that category or type; and

Total assets/deferred outflows, liabilities/deferred inflows, revenues, or expenditures/expenses of the individual governmental fund or enterprise fund are at least 5 percent of the corresponding total for all governmental and enterprise funds combined.

The various funds are reported by generic classification within the financial statements. The following fund types are used by the District:

39 Packet Pg. 88


Notes to the Financial Statements June 30, 2019

NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued

BASIS OF PRESENTATION – Continued

Fund Financial Statements – Continued

Governmental Funds

The focus of the governmental funds’ measurement (in the fund statements) is upon determination of financial position and changes in financial position (sources, uses, and balances of financial resources) rather than upon net income. The following is a description of the governmental funds of the District:

General Fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund. The General Fund is a major fund.

Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. The District maintains three nonmajor special revenue funds.

Debt Service Fund is used to account for the accumulation of funds for the periodic payment of principal and interest on general long-term debt. The Debt Service Fund is reported as a major fund.

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 business-type/proprietary funds). The District maintains three capital projects funds. The Construction and Development Fund, a major fund, is used to account for revenues derived primarily from local property taxes and grants. The Land Acquisition Fund, also a major fund, is used to account for revenues derived from grants and earnings on investments. Additional funding is provided by bond proceeds.

Proprietary Funds

The focus of proprietary fund measurement is upon determination of operating income, changes in net position, financial position, and cash flows. The generally accepted accounting principles applicable are those similar to businesses in the private sector. The following is a description of the proprietary funds of the District:

Enterprise Funds are required to account for operations for which a fee is charged to external users for goods or services and the activity is (a) financed with debt that is solely secured by a pledge of the net revenues, (b) has third party requirements that the cost of providing services, including capital costs, be recovered with fees and charges, or (c) establishes fees and charges based on a pricing policy designed to recover similar costs. The District maintains one major proprietary fund, the Cultural and Events Center Fund which is used to account for the activities of the Cultural and Events Center. All activities necessary to provide such services are accounted for in this fund, including, but not limited to, administration, operations, maintenance, financing, and related debt service.

40 Packet Pg. 89




MEASUREMENT FOCUS AND BASIS OF ACCOUNTING

Measurement focus is a term used to describe “which” transactions are recorded within the various financial statements. Basis of accounting refers to “when” transactions are recorded regardless of the measurement focus applied.

Measurement Focus

On the government-wide Statement of Net Position and the Statement of Activities, both governmental and business-type activities are presented using the economic resources measurement focus as defined below.

In the fund financial statements, the “current financial resources” measurement focus or the “economic resources” measurement focus is used as appropriate.

All governmental funds utilize a “current financial resources” measurement focus. Only current financial assets/deferred outflows and liabilities/deferred inflows are generally included on their balance sheets. Their operating statements present sources and uses of available spendable financial resources during a given period. These funds use fund balance as their measure of available spendable financial resources at the end of the period.

All proprietary funds utilize an “economic resources” measurement focus. The accounting objectives of this measurement focus are the determination of operating income, changes in net position (or cost recovery), financial position, and cash flows. All assets/deferred outflows and liabilities/deferred inflows (whether current or noncurrent) associated with their activities are reported. Proprietary fund equity is classified as net position.

Basis of Accounting

In the government-wide Statement of Net Position and Statement of Activities, both governmental and business-type activities are presented using the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability/deferred inflow is incurred or economic asset used. Revenues, expenses, gains, losses, assets/deferred outflows, and liabilities/deferred inflows resulting from exchange and exchange-like transactions are recognized when the exchange takes place.

In the fund financial statements, governmental funds are presented on the modified accrual basis of accounting. Under this modified accrual basis of accounting, revenues are recognized when “measurable and available.” Measurable means knowing or being able to reasonably estimate the amount. Available means collectible within the current period or within sixty days after year-end. The District recognizes property taxes when they become both measurable and available in accordance with

41 Packet Pg. 90




MEASUREMENT FOCUS AND BASIS OF ACCOUNTING – Continued

Basis of Accounting – Continued

GASB Codification Section P70. A sixty-day availability period is used for revenue recognition for all other governmental fund revenues. Expenditures (including capital outlay) are recorded when the related fund liability is incurred, except for general obligation bond principal and interest which are recognized when due.

In applying the susceptible to accrual concept under the modified accrual basis, those revenues susceptible to accrual are property taxes, sales and use taxes, franchise taxes, licenses, interest revenue, and charges for services. All other revenues are not susceptible to accrual because generally they are not measurable until received in cash.

All proprietary funds utilize the accrual basis of accounting. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recorded when the liability is incurred or economic asset used.

Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the District’s enterprise funds are charges to customers for sales and services. The District also recognizes as operating revenue the portion of tap fees intended to recover the cost of connecting new customers to the system. Operating expenses for enterprise funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses.

ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY

Cash and Investments

Cash and cash equivalents on the Statement of Net Position are considered to be cash on hand, demand deposits, and cash with fiscal agent. For the purpose of the proprietary funds “Statement of Cash Flows,” cash and cash equivalents are considered to be cash on hand, demand deposits, cash with fiscal agent, and all highly liquid investments with an original maturity of three months or less.

Investments are generally reported at fair value. Short-term investments are reported at cost, which approximates fair value. For investments, the District categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs.

42 Packet Pg. 91

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Receivables In the government-wide financial statements, receivables consist of all revenues earned at year-end and not yet received. Allowances for uncollectible accounts receivable are based upon historical trends and the periodic aging of accounts receivable. Major receivables balances for governmental activities include property taxes. Business-type activities report utility charges as their major receivables. Interfund Receivables, Payables and Activity Interfund activity is reported as loans, services provided, reimbursements or transfers. Loans are reported as interfund receivables and payables as appropriate and are subject to elimination upon consolidation. Services provided, deemed to be at market or near market rates, are treated as revenues and expenditures/expenses. Reimbursements are when one fund incurs a cost, charges the appropriate benefiting fund and reduces its related cost as a reimbursement. All other interfund transactions are treated as transfers. Transfers between governmental or proprietary funds are netted as part of the reconciliation to the government-wide financial statements. Prepaids Prepaids are valued at cost, which approximates market. The cost of governmental fund-type prepaids are recorded as expenditures when consumed rather than when purchased. Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaids in both the government-wide and fund financial statements. Capital Assets Capital assets purchased or acquired with an original cost of $50,000 or more, depending on asset class, are reported at historical cost or estimated historical cost. Contributed assets are reported at acquisition value as of the date received. Additions, improvements and other capital outlays that significantly extend the useful life of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. General capital assets are long-lived assets of the District as a whole. When purchased, such assets are recorded as expenditures in the governmental funds and capitalized. Infrastructure such as streets, traffic signals and signs are capitalized. The valuation basis for general capital assets are historical cost, or where historical cost is not available, estimated historical cost based on replacement costs.

43 Packet Pg. 92

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Capital Assets – Continued Capital assets in the proprietary funds are capitalized in the fund in which they are utilized. The valuation bases for proprietary fund capital assets are the same as those used for the general capital assets. Donated capital assets are capitalized at estimated acquisition value on the date donated. Depreciation on all assets is computed and recorded using the straight-line method of depreciation over the following estimated useful lives:

Buildings and Improvements 25 - 50 Years Machinery and Equipment 5 - 10 Years Infrastructure 40 - 50 Years Land Improvements 25 - 30 Years

Deferred Outflows/Inflows of Resources Deferred outflow/inflow of resources represents an acquisition/reduction of net position that applies to a future period and therefore will not be recognized as an outflow of resources (expense)/inflow of resources (revenue) until that future time. Compensated Absences The District accrues accumulated unpaid vacation and associated employee-related costs when earned (or estimated to be earned) by the employee. In accordance with GASB Statement No. 16, no liability is recorded for nonvesting accumulation rights to receive sick pay benefits. However, a liability is recognized for that portion of accumulated sick leave that is estimated to be taken as “terminal leave” prior to retirement. All vacation pay is accrued when incurred in the government-wide and proprietary fund financial statements. A liability for these amounts is reported in the governmental funds only if they have matured, for example, as a result of employee resignations and retirements.

44 Packet Pg. 93

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES – Continued ASSETS/DEFERRED OUTFLOWS, LIABILITIES/DEFERRED INFLOWS, AND NET POSITION OR EQUITY – Continued Long-Term Obligations In the government-wide financial statements, and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the effective interest method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are reported as expenses at the time of issuance. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. Net Position In the government-wide financial statements, equity is classified as net position and displayed in three components:

Net Investment in Capital Assets – Consists of capital assets including restricted capital assets, net of accumulated depreciation and reduced by the outstanding balances of any bonds, mortgages, notes or other borrowings that are attributable to the acquisition, construction, or improvement of those assets. Restricted – Consists of net position with constraints placed on the use either by (1) external groups such as creditors, grantors, contributors, or laws or regulations of other governments; or (2) law through constitutional provisions or enabling legislations. Unrestricted – All other net position balances that do not meet the definition of “restricted” or “net investment in capital assets.”

BUDGETARY INFORMATION Annual appropriated budgets, as required by state statutes, are adopted on a basis consistent with generally accepted accounting principles for all funds. All annual appropriations lapse at year end for all funds.

45 Packet Pg. 94

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 2 – STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY – Continued BUDGETARY INFORMATION – Continued A proposed budget is prepared by management and presented to the governing body for review. The governing body holds public hearings and may add to, subtract from, or change appropriations. The budget is legally enacted through passage of an appropriations ordinance. EXCESS OF ACTUAL EXPENDITURES/EXPENSES OVER BUDGET IN INDIVIDUAL FUNDS The appropriated budget is prepared by fund, function, organizational unit, activity, character, and line-item. No supplemental appropriations were made throughout the year. The amounts reported in the financial statements and required supplementary information are the original appropriation and the final amended appropriation. State law mandates that the legal level of budgetary control be at the fund level. The following funds had an excess of actual expenditures/expenses, exclusive of depreciation, over budget as of the date of this report:

$ 5,0835,0287,767Cultural and Events Center

Fund Excess

Illinois Municipal RetirementInsurance Liability

NOTE 3 – DETAIL NOTES ON ALL FUNDS DEPOSITS AND INVESTMENTS UNDER THE CUSTODY OF THE COUNTY The County’s investment policies are established by the Kane County. The Treasurer is authorized to invest in obligations of the U.S. Treasury, backed by the full faith and credit of the U.S. Government, certificates of deposit issued by commercial banks and savings and loan associations, and commercial paper rated within the three highest classifications by at least two standard rating services (subject to certain limitations). The County’s Office operates as a non-rated, external investment pool. The fair value of the District’s investment in the County’s pool is determined by the District’s proportionate share of the fair value of the investments held by the County’s Office. The Treasurer also holds money market type investments, certificates of deposits and other deposits with financial institutions. As of June 30, 2019, the fair value of all investments held by the County’s Office was $272,732,330 and the fair value of the District’s proportionate share of the pool was $385,790.

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued DEPOSITS AND INVESTMENTS IN THE CUSTODY OF THE DISTRICT – Continued Because all cash and investments are pooled by a separate legal governmental agency (County), categorization by risk category is not determinable. Further information about whether investments are insured, collateralized, or uncollateralized is available from the County’s financial statements. The District maintains a cash and investment pool that is available for use by all funds. Each fund type's portion of this pool is displayed on the financial statements as "cash and investments." In addition, investments are separately held by several of the District's funds. The District's investment policy authorizes the District to invest in all investments allowed by Illinois Compiles Statutes. Permitted Deposits and Investments – Statutes authorize the District to make deposits/invest in commercial banks, savings and loan institutions, obligations of the U.S. Treasury and U.S. Agencies, obligations of States and their political subdivisions, credit union shares, repurchase agreements, commercial paper rated within the three highest classifications by at least two standard rating services, and the Illinois Metropolitan Investment Fund. The Illinois Metropolitan Investment Fund (IMET) is a non-for-profit investment trust formed pursuant to the Illinois Municipal Code. IMET is managed by a Board of Trustees elected from the participating members. IMET is not registered with the SEC as an Investment Company. Investments in IMET are valued at the share price, the price for which the investment could be sold. District Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk Deposits. At year-end, the carrying amount of the District’s deposits for governmental and business-type activities totaled $23,427,897 and the bank balances totaled $23,442,187. In addition, the District has $39,825,064 invested in the Illinois Metropolitan Investment Fund at year-end, with an average maturity of less than one year. Investments. The Fund has the following investment fair values and maturities:

Investment Type

U.S. Treasury Notes $ 99,953 99,953 - - - U.S. Agency Obligations 1,265,071 548,884 716,187Municipal Bonds 385,790 385,790 - - -

1,750,814 1,034,627 716,187 - -

FairValue

Investment Maturities (in Years)More Than

1 1 to 5 6 to 10 10Less Than

47 Packet Pg. 96

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued DEPOSITS AND INVESTMENTS IN THE CUSTODY OF THE DISTRICT – Continued District Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk – Continued Investments – Continued. The District has the following recurring fair value measurements as of June 30, 2019:

• U.S. Treasury Notes of $99,953 are valued using quoted market prices (Level 1 inputs)

• U.S. Agency Obligations of $1,265,071 and Municipal Bonds of $385,790 are valued using quoted market prices (Level 2 inputs)

• IMET of $39,825,064 invested in 2a7-like investment pools that are measured at the net asset

value per share determined by the pool.

• Municipal Bonds of $385,790 are valued using quoted market prices (Level 2 inputs) Debt Securities classified in Level 2 of the fair value hierarchy are valued using a matrix pricing technique. Matrix pricing is used to value securities based on the securities’ relationship to benchmark quoted prices. Credit Risk. Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. The District limits its exposure to credit risk by primarily investing in external investment pools. At year-end, the Fund’s investments in U.S. Government and Agency securities were all rated AA+ to AA by Standard & Poor’s or not rated. The Illinois Metropolitan Investment Trust Convenience Fund is not rated. Interest Rate Risk. Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of an investment. In accordance with its investment policy, the District limits its exposure to interest rate risk by structuring the portfolio to provide liquidity for short and long-term cash flow needs while providing a reasonable rate of return based on the current market. Custodial Credit Risk. In the case of deposits, this is the risk that in the event of a bank failure, the District’s deposits may not be returned to it. The policy requires that all bank deposits in excess of FDIC insurance be collateralized at 105% with collateral held by the District with an independent third party or the Federal Reserve Bank. At year-end, the District’s bank balances were fully collateralized or insured.

48 Packet Pg. 97

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued DEPOSITS AND INVESTMENTS IN THE CUSTODY OF THE DISTRICT – Continued District Interest Rate Risk, Credit Risk, Custodial Credit Risk and Concentration Risk – Continued Custodial Credit Risk – Continued. For an investment, this is the risk that in the event of the failure of the counterparty, the District will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The District’s investment policy requires pledging of collateral for all investments in excess of federal depository insurance, at an amount not less than 102% of the fair market value of the funds secured, with the collateral held by an independent third party custodian in the name of the District. The Illinois Metropolitan Investment Fund is not subject to custodial credit risk. Concentration Risk. This is the risk of loss attributed to the magnitude of the District’s investment in a single issuer. The District’s investment policy requires diversification of investments to avoid unreasonable risk. With the exception of U.S. Treasury securities, authorized pools and bond proceeds investment trusts, no more than 50% of the District’s portfolio may be invested in any single financial institution. At year-end, the District does not have any investments over 5 percent of the total cash and investment portfolio (other than investments issued or explicitly guaranteed by the U.S. government and investments in mutual funds, external investment pools, and other pooled investments). PROPERTY TAXES Property taxes for 2018 attach as an enforceable lien on January 1, on property values assessed as of the same date. Taxes are levied by December of the subsequent fiscal year (by passage of a Tax Levy Ordinance). Tax bills are prepared by the County and are payable in two installments, on or about May 1 and August 1. The County collects such taxes and remits them periodically. INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS Interfund Transfers Interfund transfers for the year consisted of the following:

Transfer In Transfer Out

Nonmajor Governmental General $ 742,395 (1)Nonmajor Governmental Construction and Development 100,000 (2)

842,395

Amount

Transfers are used to (1) use unrestricted revenues collected in the General Fund to finance various programs accounted for in other funds in accordance with budgetary authorizations, and (2) move revenues from the fund that statute or budget requires to collect them to the fund that statute or budget requires to expend them.

49 Packet Pg. 98

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued CAPITAL ASSETS Governmental Activities Governmental capital asset activity for the year was as follows:

Ending Increases Decreases Balances

Nondepreciable Capital AssetsLand $ 403,364,614 7,345,948 223,873 410,486,689Construction in Progress 2,798,828 659,163 386,013 3,071,978

406,163,442 8,005,111 609,886 413,558,667

Depreciable Capital AssetsBuildings and Improvements 16,582,135 622,751 - 17,204,886Machinery and Equipment 1,252,219 435,718 - 1,687,937Infrastructure 25,548,251 - - 25,548,251

43,382,605 1,058,469 - 44,441,074

Less Accumulated DepreciationBuildings and Improvements 4,936,860 454,519 - 5,391,379Machinery and Equipment 951,860 81,825 - 1,033,685Infrastructure 12,865,057 662,241 - 13,527,298

18,753,777 1,198,585 - 19,952,362

Total Net Depreciable Capital Assets 24,628,828 (140,116) - 24,488,712

Total Net Capital Assets 430,792,270 7,864,995 609,886 438,047,379

BeginningBalances

Depreciation expense was charged to governmental activities as follows:

General Government $ 81,825

Land Acquisition and Development 1,116,760 1,198,585

50 Packet Pg. 99

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued CAPITAL ASSETS – Continued Business-Type Activities Business-type capital asset activity for the year was as follows:

Ending Increases Decreases Balances

Nondepreciable Capital AssetsLand $ 1,154,351 - - 1,154,351

Depreciable Capital AssetsBuildings and Improvements 19,571,990 82,570 - 19,654,560Machinery and Equipment 213,198 - - 213,198Land Improvements 2,216,335 - - 2,216,335

22,001,523 82,570 - 22,084,093

Less Accumulated DepreciationBuildings and Improvements 9,328,061 681,495 - 10,009,556Machinery and Equipment 213,198 - - 213,198Land Improvements 1,827,471 39,884 - 1,867,355

11,368,730 721,379 - 12,090,109

Total Net Depreciable Capital Assets 10,632,793 (638,809) - 9,993,984

Total Net Capital Assets 11,787,144 (638,809) - 11,148,335

BeginningBalances

Depreciation expense was charged to business-type activities as follows:

Cultural and Events Center $ 721,379 LONG-TERM DEBT General Obligation Bonds The District issues general obligation bonds to provide funds for the acquisition and construction of major capital facilities. General obligation bonds are direct obligations and pledge the full faith and credit of the District. General obligation bonds have been issued for governmental and business-type activities. General obligation bonds currently outstanding are as follows:

51 Packet Pg. 100

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued General Obligation Bonds – Continued

EndingIssue Issuances Retirements Balances

23,610,000 - 1,270,000 22,340,000

3,800,000 - 3,215,000 585,000

8,245,000 - - 8,245,000

1,110,000 - - 1,110,000

BeginningBalances

$30,000,000 General ObligationBonds of 2011A, due in annualinstallments of $540,000 to$2,250,000 plus interest at 3.00% to4.50% through December 15, 2031.

$21,235,000 General ObligationLimited Tax Refunding Bonds of2011B, due in annual installments of$585,000 to $3,215,000 plus interestat 3.00% to 5.00% throughDecember 15, 2019.

$8,245,000 General ObligationLimited Tax Refunding Bonds of2015A, due in annual installments of$1,240,000 to $1,830,000 plusinterest at 3.00% through December15, 2025.

$1,110,000 General ObligationRefunding Bonds of 2015B, due inone installment of $1,110,000 plusinterest at 3.00% through December15, 2019.

52 Packet Pg. 101

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued General Obligation Bonds – Continued

EndingIssue Issuances Retirements Balances

$ 5,725,000 - - 5,725,000

5,275,000 - 475,000 4,800,000

56,810,000 - 4,080,000 52,730,000

40,000,000 - 40,000,000

10,000,000 1,120,000 8,880,000

154,575,000 - 10,160,000 144,415,000

$10,000,000 Taxable GeneralObligation Bonds of 2017B, due inannual installments of $100,000 to$2,730,000 plus interest at 2.00% to2.55% through December 15, 2023.

BeginningBalances

$5,725,000 General ObligationLimited Tax Refunding Bonds of2016A, due in annual installments of$425,000 to $2,000,000 plus interestat 5.00% through December 15,2025.

$5,860,000 Taxable GeneralObligation (Alternate RevenueSource) Bonds of 2016B, due inannual installments of $120,000 to$590,000 plus interest at 2.00% to3.15% through December 15, 2027.

$56,810,000 General ObligationRefunding Bonds of 2016C, due inannual installments of $4,080,000 to$8,310,000 plus interest at 3.00% to5.00% through December 15, 2026.

$40,000,000 General ObligationBonds of 2017A, due in annualinstallments of $510,000 to$3,510,000 plus interest at 3.00% to5.00% through December 15, 2037.

53 Packet Pg. 102

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Long-Term Liability Activity Changes in long-term liabilities during the fiscal year were as follows:

AmountsEnding Due within

Balances Additions Deductions Balances One Year

Governmental ActivitiesCompensated Absences $ 286,543 95,842 47,921 334,464 66,893Net Pension Liability - IMRF 342,907 2,343,456 2,686,363 - Total OPEB Liability - PHP 191,377 5,815 197,192 - General Obligation Bonds 149,300,000 9,685,000 139,615,000 10,715,000Unamortized Items:

Premium 8,460,885 1,039,395 7,421,490 1,039,395Discount (23,568) (3,928) (19,640) (3,928)

158,558,144 2,445,113 10,768,388 150,234,869 11,817,360

Business-Type ActivitiesGeneral Obligation Bonds 5,275,000 - 475,000 4,800,000 485,000

Type of DebtBeginning

For governmental activities, payments on the compensated absences, the net pension liability, and the total OPEB liability are made by the General Fund. The Debt Service, Construction and Development and Land Acquisition Funds make payments on the general obligation bonds. For the business-type activities, the general obligation bonds are liquidated by the Cultural and Events Center Fund.

54 Packet Pg. 103

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued LONG-TERM DEBT – Continued Debt Service Requirements to Maturity The annual debt service requirements to maturity, including principal and interest, are as follows:

Principal Interest

$ 10,715,000 5,018,291 485,000 119,18211,130,000 4,581,141 495,000 109,38211,605,000 4,102,956 505,000 99,25612,105,000 3,599,139 515,000 88,15812,620,000 3,053,681 530,000 75,61013,145,000 2,538,731 545,000 60,81013,560,000 2,096,481 560,000 44,23512,180,000 1,688,356 575,000 27,210

4,365,000 1,422,181 590,000 9,2934,505,000 1,269,022 - - 4,670,000 1,107,825 - - 4,845,000 936,041 - - 5,030,000 752,931 - - 2,905,000 611,663 - - 3,015,000 513,578 - - 3,110,000 408,275 - - 3,235,000 297,238 - - 3,365,000 181,738 - - 3,510,000 61,427 - -

139,615,000 34,240,695 4,800,000 633,136

2021

Principal InterestYear

Business-Type Activities

Bonds

Governmental ActivitiesGeneral Obligation

BondsGeneral Obligation

2025

Fiscal

Totals

2032

2020

2029

2027

20302031

2028

2026

202220232024

2038

20332034203520362037

55 Packet Pg. 104



NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued

LONG-TERM DEBT – Continued

Legal Debt Margin

Chapter 65, Section 5/8-5-1 of the Illinois Compiled Statutes provides, “…a district with a population of less than 500,000 may not become indebted in any manner or for any purpose to an amount including existing indebtedness in the aggregate exceeding 2.3% of the assessed value of the taxable property therein, as ascertained by the last equalized assessment for State and county purposes.”

Assessed Valuation - 2018 $ 14,547,326,803

Legal Debt Limit - 2.30% of Assessed Value 334,588,516

Amount of Debt Applicable to LimitGeneral Obligation Bonds 139,615,000

Legal Debt Margin 194,973,516

FUND BALANCE/NET POSITION

Fund Balance Classifications

In the governmental funds financial statements, the District considers restricted amounts to have been spent when an expenditure is incurred for purposes for which both restricted and unrestricted fund balance is available. The District first utilizes committed, then assigned and then unassigned fund balance when an expenditure is incurred for purposes for which all three unrestricted fund balances are available.

Nonspendable Fund Balance. Consists of resources that cannot be spent because they are either: a) not in a spendable form; or b) legally or contractually required to be maintained intact.

Restricted Fund Balance. Consists of resources that are restricted to specific purposes, that is, when constraints placed on the use of resources are either: a) externally imposed by creditors (such as through debt covenants), grantors, contributors, or laws or regulations of other governments; or b) imposed by law through constitutional provisions or enabling legislation.

Committed Fund Balance. Consists of resources constrained (issuance of an ordinance) to specific purposes by the government itself, using its highest level of decision-making authority, the Board of Commissioners; to be reported as committed, amounts cannot be used for any other purpose unless the government takes the same highest-level action to remove or change the constraint.

56 Packet Pg. 105

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued FUND BALANCE/NET POSITION – Continued Fund Balance Classifications – Continued Assigned Fund Balance. Consists of amounts that are constrained by the Board of Commissioners’ intent to be used for specific purposes but are neither restricted nor committed. Intent is expressed by a) the Board of Commissioners itself or b) a body or official to which the Board of Commissioners has delegated the authority to assign amounts to be used for specific purposes. The District’s highest level of decision-making authority is the Board of Commissioners, who is authorized to assign amounts to a specific purpose. Unassigned Fund Balance. Consists of residual net resources of a fund that has not been restricted, committed, or assigned within the General Fund and deficit fund balances of other governmental funds.

Minimum Fund Balance Policy. The District has established a minimum fund balance policy for its General, Social Security, Illinois Municipal Retirement, and Insurance Liability Funds. Under the policy, the target fund balance for the General Fund should represent six months of operating expenditures. For the remaining funds, the target fund balance should represent three to six months of expenditures. The following is a schedule of fund balance classifications for the governmental funds as of the date of this report:

Debt Construction LandService and Development Acquisition Nonmajor Totals

Fund BalancesNonspendable

Prepaids $ 9,233 - - - - 9,233

RestrictedIllinois Municipal Retirement - - - - 196,827 196,827Liability Insurance - - - - 131,593 131,593Social Security - - - - 174,830 174,830Debt Service - 3,275,487 - - - 3,275,487Fabyan Causeway - - 425,019 - - 425,019Carpentersville Dam - - 500,000 - - 500,000Capital Projects - - 1,650,000 - - 1,650,000

- 3,275,487 2,575,019 - 503,250 6,353,756

AssignedCapital Projects - - 14,677,079 22,910,714 74,087 37,661,880

Unassigned 7,834,778 - - - - 7,834,778

Total Fund Balances 7,844,011 3,275,487 17,252,098 22,910,714 577,337 51,859,647

General

Capital Projects

57 Packet Pg. 106

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 3 – DETAIL NOTES ON ALL FUNDS – Continued FUND BALANCE/NET POSITION – Continued Net Position Classifications Net investment in capital assets was comprised of the following as of June 30, 2019:

Governmental ActivitiesCapital Assets - Net of Accumulated Depreciation $ 438,047,379

Plus: Loss on Refunding 2,204,888Unspent Bond Proceeds 25,374,193

Less Capital Related Debt:General Obligation Bonds of 2011A (22,340,000)General Obligation Limited Tax Refunding Bonds of 2011B (585,000)General Obligation Limited Tax Refunding Bonds of 2015A (8,245,000)General Obligation Refunding Bonds of 2015B (1,110,000)General Obligation Limited Tax Refunding Bonds of 2016A (5,725,000)General Obligation Refunding Bonds of 2016C (52,730,000)General Obligation Bonds of 2017A (40,000,000)Taxable General Obligation Bonds of 2017B (8,880,000)Unamortized Premium (7,421,490)Unamortized Discount 19,640

Net Investment in Capital Assets 318,609,610

Business-Type ActivitiesCapital Assets - Net of Accumulated Depreciation 11,148,335

Plus: Loss on Refunding 219,706

Less Capital Related Debt:Taxable General Obligation (Alternate Revenue Source) Bonds of 2016B (4,800,000)

Net Investment in Capital Assets 6,568,041

58 Packet Pg. 107

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION RISK MANAGEMENT Park District Risk Management Agency (PDRMA) The District is exposed to various risks related to torts; theft of, damage to and destruction of assets; errors and omissions; injuries to employees; and net income losses. Employee health coverage is provided through the County by independent third parties “equivalent to third party indemnity,” for which the district provides reimbursement. Since 2007, the District has been a member of the Park District Risk Management Agency (PDRMA) Property/Casualty Program, a joint risk management pool of park and forest preserve districts, and special recreation associations through which property, general liability, automobile liability, crime, boiler and machinery, public officials’, employment practices liability and workers compensation coverage is provided in excess of specified limits for the members, acting as a single insurable unit. The following table is a summary of the coverage in effect for the period January 1, 2019 through January 1, 2020:

PDRMA Self-Member Insured

Deductible Retention

Property/Bldg/Contents All Losses Per Occurrence $1,000 $1,000,000 $1,000,000,000/All Members Flood/Except Zones A & V $1,000 $1,000,000 $250,000,000/Occurrence/Annual Aggregate Flood, Zones A & V $1,000 $1,000,000 $200,000,000/Occurrence/Annual Aggregate Earthquake Shock $1,000 $100,000 $100,000,000/Occurrence/Annual AggregateAuto Physical Damage Comprehensive and Collision $1,000 $1,000,000 IncludedCourse of Construction/Builders Risk $1,000 Included $25,000,000Business Interruption, Rental Income, Tax Income Combined $1,000 $100,000,000/Reported Values

$500,000/$2,500,000/Non-Reported ValuesService Interruption 24 Hours N/A $25,000,000Boiler and Machinery $100,000,000 Equipment Breakdown Property Damage $1,000 $9,000 Property Damage - Included Business Income 48 Hours N/A IncludedFidelity and Crime $1,000 $24,000 $2,000,000/OccurrenceSeasonal Employees $1,000 $9,000 $1,000,000/OccurrenceBlanket Bond $1,000 $24,000 $2,000,000/OccurrenceWORKERS COMPENSATIONEmployers Liability N/A $500,000 Statutory

$500,000 $3,500,000 Employers Liability

Coverage Limits

PROPERTY

59 Packet Pg. 108

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued RISK MANAGEMENT – Continued Park District Risk Management Agency (PDRMA) – Continued

PDRMA Self-Member Insured

Deductible RetentionLIABILITYGeneral None $500,000 $21,500,000/OccurrenceAuto Liability None $500,000 $21,500,000/OccurrenceEmployment Practices None $500,000 $21,500,000/OccurrencePublic Officials' Liability None $500,000 $21,500,000/OccurrenceLaw Enforcement Liability None $500,000 $21,500,000/OccurrenceUninsured/Underinsured Motorists None $500,000 $1,000,000/Occurrence

Liability - Third Party None $25,000 $5,000,000/OccurrenceProperty - First Party $1,000 $24,000 $30,000,000 3 Year Aggregate

Outbreak Expense 24 Hours N/A $15,000 per Day$1,000,000 Aggregate Policy Limit

INFORMATION SECURITY AND PRIVACY INSURANCE WITH ELECTRONIC MEDIA LIABILITY COVERAGEInformation Security & Privacy Liability None $100,000 $2,000,000/Occurrence/Annual AggregatePrivacy Notification, Costs None $100,000 $500,000/Occurrence/Annual AggregateRegulatory Defense & Penalties None $100,000 $2,000,000/Occurrence/Annual AggregateWebsite Media Content Liability None $100,000 $2,000,000/Occurrence/Annual AggregateCyber Extortion None $100,000 $2,000,000/Occurrence/Annual AggregateData Protection & Business Interruption $1,000 $100,000 $2,000,000/Occurrence/Annual AggregateFirst Party Business Interruption 8 Hours $100,000 $50,000 Hourly Sublimit/$50,000 Forensic

Exp./$150,000 Dependent Bus. Interruption

Volunteer Medical Accident None $5,000 $5,000 Medical Expense and AD&DExcess of any other Collectible Insurance

Underground Storage Tank Liability None N/A $10,000, Follows Illinois Leaking Underground Tank Fund

Unemployment Compensation N/A N/A Statutory

OUTBREAK EXPENSE

VOLUNTEER MEDICAL ACCIDENT

UNDERGROUND STORAGE TANK LIABILITY

UNEMPLOYMENT COMPENSATION

Coverage Limits

POLLUTION LIABILITY

Losses exceeding the per occurrence self-insured and reinsurance limit would be the responsibility of the District.

60 Packet Pg. 109

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued RISK MANAGEMENT – Continued Park District Risk Management Agency (PDRMA) – Continued As a member of PDRMA’s Property/Casualty Program, the District is represented on the Property/Casualty Program Council and the Membership Assembly and is entitled to one vote on each. The relationship between the District and PDRMA is governed by a contract and by-laws that have been adopted by resolution of the District’s governing body. The District is contractually obligated to make all annual and supplementary contributions to PDRMA, to report claims on a timely basis, cooperate with PDRMA, its claims administrator and attorneys in claims investigations and settlement, and to follow risk management procedures as outlined by PDRMA. Members have a contractual obligation to fund any deficit of PDRMA attributable to a membership year during which they were a member. PDRMA is responsible for administering the self-insurance program and purchasing excess insurance according to the direction of the Program Council. PDRMA also provides its members with risk management services, including the defense of and settlement of claims, and establishes reasonable and necessary loss reduction and prevention procedures to be followed by the members. The following represents a summary of PDRMA’s Property/Casualty Program balance sheet at December 31, 2018 and the statement of revenues and expenses for the period ending December 31, 2018.

Assets $64,598,180 Deferred Outflows of Resources – Pension 735,579 Liabilities 20,358,043 Deferred Inflows of Resources – Pension 1,157,368 Total Net Pension 43,818,350 Revenues 18,891,688 Expenditures 18,647,660

The District’s portion of the overall equity in the pool is 0.148% or $71,785. Since 98.39% of PDRMA’s liabilities are reserves for losses and loss adjustment expenses which are based on an actuarial estimate of the ultimate losses incurred, the Member Balances are adjusted annually as more recent loss information becomes available. CONTINGENT LIABILITIES Litigation The District is a defendant in various lawsuits. Although the outcome of these lawsuits is not presently determinable, in the opinion of the District's attorney, the resolution of these matters will not have a material adverse effect on the financial condition of the District.

61 Packet Pg. 110

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued CONTINGENT LIABILITIES – Continued Grants Amounts received or receivable from grantor agencies are subject to audit and adjustment by grantor agencies, principally the federal government. Any disallowed claims, including amounts already collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures which may be disallowed by the grantor cannot be determined at this time although the District expects such amounts, if any, to be immaterial. RELATED PARTY TRANSACTIONS The elected members of the Kane County Board also serve as the governing Board for the District. Related party transactions with the County of Kane (the County) as of and during the year ended June 30, 2019 were as follows: The District purchased various services from the County which include processing, photocopying, personnel, computer services, and 911 dispatching services. The total paid for these services was $147,671 for the year ended June 30, 2019. CULTURAL AND EVENTS CENTER The District owns and operates an event stadium (Cultural and Events Center). The Kane County Cougars, a minor league baseball team, (the “Cougars”) is the primary licensee at the stadium. In May 2014, the District has entered into a new license agreement with the Cougars for use of the stadium and into an agreement to resolve the dispute with minority owners. Subsequently, in August 2019, an amendment to the agreement was entered into. Under the amended lease agreement, the District receives a base quarterly fee, which results in a total annual fee of $500,000. The agreement expires December 2034. The District began receiving payments from the minority owners’ dispute agreement beginning in December 2014 and will continue until December 2033. The two minority owners will each pay $12,500 a year. The minimum future payments under this agreement are as follows:

Fiscal Minimum Minority OwnerYear License Fees Fees

2020 $ 500,000 25,000 2021 500,000 25,000 2022 500,000 25,000 2023 500,000 25,000 2024 500,000 25,000

2025 - 2029 2,500,000 125,000 2030 - 2034 2,500,000 125,000

2035 275,000 -

62 Packet Pg. 111



NOTE 4 – OTHER INFORMATION – Continued

SERVICE CONCESSION ARRANGEMENT FOR GOLF COURSES

Effective April 1, 2002, the District entered into two agreements with management companies for the District’s three golf courses, under which the companies will operate and collect user fees through March 31, 2018. The District will receive installment payments over the course of the arrangement; the present value of these installment payments was estimated to be $4,227,814 as of the inception of the agreement. The management companies will pay the District 14.5% of the revenues earned from the operation of the golf courses or $190,000 per agreement, whichever is greater. Any excess revenue beyond the minimum payments is considered revenue when collected. The management companies are required to operate and maintain the golf course in accordance with the agreements. The District reports the golf courses and related assets as a capital asset with a carrying amount of $5,765,940 as of June 30, 2019.

EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN

Illinois Municipal Retirement Fund (IMRF)

The District contributes to one defined benefit pension plan, the Illinois Municipal Retirement Fund (IMRF), a defined benefit agent multiple-employer public employee retirement system. None of the pension plans issue separate reports on the pension plans. However, IMRF does issue a publicly available financial report that includes financial statements and required supplementary information for the plan as a whole, but not by individual employer. That report may be obtained online at www.imrf.org. The benefits, benefit levels, employee contributions, and employer contributions are governed by Illinois Compiled Statutes (ILCS) and can only be amended by the Illinois General Assembly.

Plan Descriptions

Plan Administration. All employees hired in positions that meet or exceed the prescribed annual hourly standard must be enrolled in IMRF as participating members. The plan is accounted for on the economic resources measurement focus and the accrual basis of accounting. Employer and employee contributions are recognized when earned in the year that the contributions are required, benefits and refunds are recognized as an expense and liability when due and payable.

63 Packet Pg. 112

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN – Continued Illinois Municipal Retirement Fund (IMRF) – Continued Plan Descriptions – Continued Benefits Provided. IMRF has three benefit plans. The vast majority of IMRF members participate in the Regular Plan (RP). The Sheriff’s Law Enforcement Personnel (SLEP) plan is for sheriffs, deputy sheriffs, and selected police chiefs. Counties could adopt the Elected County Official (ECO) plan for officials elected prior to August 8, 2011 (the ECO plan was closed to new participants after that date). IMRF provides two tiers of pension benefits. Employees hired before January 1, 2011, are eligible for Tier 1 benefits. Tier 1 employees are vested for pension benefits when they have at least eight years of qualifying service credit. Tier 1 employees who retire at age 55 (at reduced benefits) or after age 60 (at full benefits) with eight years of service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1-2/3% of the final rate of earnings for the first 15 years of service credit, plus 2% for each year of service credit after 15 years to a maximum of 75% of their final rate of earnings. Final rate of earnings is the highest total earnings during any consecutive 48 months within the last 10 years of service, divided by 48. Under Tier 1, the pension is increased by 3% of the original amount on January 1 every year after retirement. Employees hired on or after January 1, 2011, are eligible for Tier 2 benefits. For Tier 2 employees, pension benefits vest after ten years of service. Participating employees who retire at age 62 (at reduced benefits) or after age 67 (at full benefits) with ten years of service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1-2/3% of the final rate of earnings for the first 15 years of service credit, plus 2% for each year of service credit after 15 years to a maximum of 75% of their final rate of earnings. Final rate of earnings is the highest total earnings during any 96 consecutive months within the last 10 years of service, divided by 96. Under Tier 2, the pension is increased on January 1 every year after retirement, upon reaching age 67, by the lesser of:

3% of the original pension amount, or

1/2 of the increase in the Consumer Price Index of the original pension amount.

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN – Continued Illinois Municipal Retirement Fund (IMRF) – Continued Plan Descriptions – Continued Plan Membership. As of December 31, 2018, the measurement date, the following employees were covered by the benefit terms:

Inactive Plan Members Currently Receiving Benefits 65Inactive Plan Members Entitled to but not yet Receiving Benefits 91Active Plan Members 75

Total 231

Contributions. As set by statute, the District’s Regular Plan Members are required to contribute 4.50% of their annual covered salary. The statute requires employers to contribute the amount necessary, in addition to member contributions, to finance the retirement coverage of its own employees. For the year-ended June 30, 2019, the District’s contribution was 9.07% of covered payroll. Net Pension Liability. The District’s net pension liability was measured as of December 31, 2018. The total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. Actuarial Assumptions. The total pension liability was determined by an actuarial valuation performed, as of December 31, 2018, using the following actuarial methods and assumptions:

Actuarial Cost Method Entry AgeNormal

Asset Valuation Method Market

Actuarial AssumptionsInterest Rate 7.25%

Salary Increases 3.75% - 14.5%

Cost of Living Adjustments 3.50%

Inflation 2.75%

65 Packet Pg. 114

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN – Continued Illinois Municipal Retirement Fund (IMRF) – Continued Plan Descriptions – Continued Actuarial Assumptions - Continued. For non-disabled retirees, an IMRF specific mortality table was used with fully generational projection scale MP-2017 (base year 2015). The IMRF specific rates were developed from the RP-2014 Blue Collar Health Annuitant Mortality Table with adjustments to match current IMRF experience. For disabled retirees, an IMRF specific mortality table was used with fully generational projection scale MP-2017 (base year 2015). The IMRF specific rates were developed from the RP-2014 Disabled Retirees Mortality Table applying the same adjustment that were applied for non-disabled lives. For active members, an IMRF specific mortality table was used with fully generational projection scale MP-2017 (base year 2015). The IMRF specific rates were developed from the RP-2014 Employee Mortality Table with adjustments to match current IMRF experience. The long-term expected rate of return on pension plan investments was determined using a building-block method in which best-estimate ranges of expected future real rates of return (expected returns, net of pension plan investment expense, and inflation) are developed for each major asset class. These ranges are combined to produce the long-term expected rate of return by weighting the expected future real rates of return to the target asset allocation percentage and adding expected inflation. The target allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table:

Long-TermExpected Real

Asset Class Target Rate of Return

Fixed Income 28.00% 3.75%Domestic Equities 37.00% 7.15%International Equities 18.00% 7.25%Real Estate 9.00% 6.25%Blended 7.00% 3.20% - 8.50%Cash and Cash Equivalents 1.00% 2.50%

Discount Rate

The discount rate used to measure the total pension liability was 7.25%, and 7.50% in the prior valuation. The projection of cash flows used to determine the discount rate assumed that member contributions will be made at the current contribution rate and that District contributions will be made at rates equal to the difference between the actuarially determined contribution rates and the member rate. Based on those assumptions, the Fund’s fiduciary net position was projected to be available to make all project future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all period of projected benefit payments to determine the total pension liability.

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN – Continued Illinois Municipal Retirement Fund (IMRF) – Continued Discount Rate Sensitivity The following is a sensitivity analysis of the net pension liability to changes in the discount rate. The table below presents the net pension liability of the District calculated using the discount rate as well as what the District’s net pension liability would be if it were calculated using a discount rate that is one percentage point lower or one percentage point higher than the current rate:

Current Discount Rate

(7.25%)

Net Pension Liability $ 5,208,774 2,686,363 650,654

1% Decrease 1% Increase(6.25%) (8.25%)

Changes in the Net Pension Liability

TotalPension Plan Fiduciary Net PensionLiability Net Position Liability

(A) (B) (A) - (B)

Balances at December 31, 2017 $ 15,318,131 14,975,224 342,907

Changes for the Year:Service Cost 380,953 - 380,953Interest on the Total Pension Liability 1,140,813 - 1,140,813Difference Between Expected and Actual

Experience of the Total Pension Liability (134,998) - (134,998)Changes of Assumptions 549,119 - 549,119Contributions - Employer - 421,012 (421,012)Contributions - Employees - 186,839 (186,839)Net Investment Income - (747,906) 747,906Benefit Payments, including Refunds

of Employee Contributions (595,540) (595,540) - Other (Net Transfer) - (267,514) 267,514

Net Changes 1,340,347 (1,003,109) 2,343,456

Balances at December 31, 2018 16,658,478 13,972,115 2,686,363

67 Packet Pg. 116




EMPLOYEE RETIREMENT SYSTEM – DEFINED BENEFIT PENSION PLAN – Continued

Illinois Municipal Retirement Fund (IMRF) – Continued

Pension Expense, Deferred Outflows of Resources, and Deferred Inflows of Resources Related to Pensions

For the year ended June 30, 2019, the District recognized pension expense of $806,312. At June 30, 2019, the District reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources:

Deferred DeferredOutflows of Inflows ofResources Resources Totals

Difference Between Expected and Actual Experience $ 38,703 (343,742) (305,039)Changes of Assumptions 413,563 (304,937) 108,626 Net Difference Between Projected and Actual Earnings on Pension Plan Investments 903,908 - 903,908Total Pension Expense to be Recognized in Future Periods 1,356,174 (648,679) 707,495Pension Contributions Made Subsequent

to the Measurement Date 178,400 - 178,400

Total Deferred Amounts Related to Pensions 1,534,574 (648,679) 885,895

$178,400 reported as deferred outflows of resources related to pensions resulting from employer contributions subsequent to the measurement date and will be recognized as a reduction of the net pension liability in the reporting year ended June 30, 2020.

Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense in future periods as follows:

Net DeferredFiscal OutflowsYear of Resources

2020 $ 224,5802021 32,4482022 78,1732023 372,2942024 -

Thereafter -

Total 707,495

68 Packet Pg. 117

FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS General Information about the OPEB Plan Plan Description. The District’s defined benefit OPEB plan, Forest Preserve District of Kane County Postretirement Health Plan, (PHP) provides OPEB for all permanent full-time general and public safety employees of the District. PHP is a single-employer defined benefit OPEB plan administered by the District. Article 11 of the State Compiled Statutes grants the authority to establish and amend the benefit terms and financing requirements to the District Board. No assets are accumulated in a trust that meets the criteria in paragraph 4 of Statement 75. Benefits Provided. The District provides post-employment health insurance and dental benefits to retirees and their spouses. To be eligible for benefits, the employee must be at a minimum age of 55 and have at least fifteen years of service at the District. All health care benefits are provided through the District’s purchased employee health insurance plan. The benefit levels for retirees are the same as those afforded to active employees, which creates an implicit subsidy. The retirees pay the blended premium. Benefits include general inpatient and outpatient medical services; dental care; and prescriptions. The benefits are provided until age 65 or whenever Medicare coverage becomes available. Plan Membership. As of June 30, 2019, the measurement date, the following employees were covered by the benefit terms:

Inactive Plan Members Currently Receiving Benefits 3Inactive Plan Members Entitled to but not yet Receiving Benefits -Active Plan Members 73

Total 76

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OTHER POST-EMPLOYMENT BENEFITS – Continued

Total OPEB Liability

The District’s total OPEB liability of $197,192 was measured as of June 30, 2019, and was determined by an actuarial valuation as of that date.

Actuarial Assumptions and Other Inputs. The total OPEB liability in the June 30, 2019 actuarial valuation was determined using the following actuarial assumptions and other inputs, applied to all periods included in the measurement, unless otherwise specified:

Inflation 3.00%

Salary Increases 4.00%

Discount Rate 2.98%

Healthcare Cost Trend Rates PPO Plan 4.50%, Blue advantage HMO Plan 4.00%

Retirees' Share of Benefit-Related Costs Same as Healthcare Cost Trend Rates

Mortality rates were based on the RP-2014 Combined Annuitant Mortality Table for Males or Females.

Change in the Total OPEB Liability

Balance at June 30, 2018 $ 191,377

Changes for the Year:Service Cost 12,158 Interest on the Total Pension Liability 5,484 Changes of Benefit Terms - Difference Between Expected and Actual Experience - Changes of Assumptions or Other Inputs 2,473 Benefit Payments (14,672) Other Changes 372

Net Changes 5,815

Balance at June 30, 2019 197,192

TotalOPEB

Liability

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FOREST PRESERVE DISTRICT OF KANE COUNTY, ILLINOIS Notes to the Financial Statements June 30, 2019 NOTE 4 – OTHER INFORMATION – Continued OTHER POST-EMPLOYMENT BENEFITS – Continued Sensitivity of the Total OPEB Liability to Changes in the Discount Rate The following presents the total OPEB liability, calculated using a Single Discount Rate of 2.98%, as well as what the total OPEB liability would be if it were calculated using a Single Discount Rate that is one percentage point lower or one percentage point higher:

Current Discount Rate 1% Increase

(2.98%) (3.98%)

Total OPEB Liability $ 184,550 197,192 210,740

1% Decrease(1.98%)

Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rates The following presents the total OPEB liability, calculated using a Healthcare Trend Rate of 4.50%, as well as what the total OPEB liability would be if it were calculated using a Healthcare Trend Rate that is one percentage point lower or one percentage point higher:

HealthcareCost Trend

Rates(4.50% (5.50%

decreasing to decreasing to4.00%) 5.00%)

Total OPEB Liability $ 219,932 197,192 178,264

3.00%)decreasing to

(3.50%

71 Packet Pg. 120




OTHER POST-EMPLOYMENT BENEFITS – Continued

OPEB Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to OPEB

For the year ended June 30, 2019, the District recognized OPEB revenue of $4,378. At June 30, 2019, the District reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources:

DeferredInflows ofResources Totals

Difference Between Expected and Actual Experience $ - (45,546) (45,546)

Change in Assumptions 25,138 (242,154) (217,016)

Net Difference Between Projected and Actual Earnings on Pension Plan Investments - - -

Total Deferred Amounts Related to OPEB 25,138 (287,700) (262,562)

DeferredOutflows ofResources

Amounts reported as deferred outflows of resources and deferred inflows of resources related to OPEB will be recognized in OPEB expense as follows:

Net DeferredFiscal (Inflows)Year of Resources

2020 $ (22,021)2021 (22,021)2022 (22,021)2023 (22,021)2024 (22,021)

Thereafter (152,457)

Total (262,562)

72 Packet Pg. 121

• Schedule of Employer ContributionsIllinois Municipal Retirement Fund

• Schedule of Changes in the Employer’s Net Pension LiabilityIllinois Municipal Retirement Fund

• Schedule of Changes in the Employer's Total OPEB Liability Post Retirement Health Plan

• Budgetary Comparison ScheduleGeneral Fund

Notes to the Required Supplementary Information

REQUIRED SUPPLEMENTARY INFORMATION

Required supplementary information includes financial information and disclosures that are required by theGASB but are not considered a part of the basic financial statements. Such information includes:

Budgetary Information – Budgets are adopted on a basis consistent with generally accepted accountingprinciples.

Packet Pg. 122


Illinois Municipal Retirement Fund

Required Supplementary InformationSchedule of Employer ContributionsJune 30, 2019

Contribution Fiscal Excess/Year (Deficiency)

2015 $ 365,169 $ 365,981 $ 812 $ 3,502,607 10.45%2016 380,797 391,777 10,980 3,654,481 10.72%2017 402,003 402,003 - 3,899,148 10.31%2018 408,130 408,130 - 3,982,789 10.25%2019 392,149 392,149 - 4,321,381 9.07%

Notes to the Required Supplementary Information:

Actuarial Cost Method Entry Age NormalAmortization Method Level % Pay (Closed)Remaining Amortization Period 25 YearsAsset Valuation Method 5-Year Smoothed MarketInflation 2.5%Salary Increases 3.75% - 14.5%Investment Rate of Return 7.25%Retirement Age See the Notes to the Financial StatementsMortality

Note:

Contributions asCovered a Percentage of

Contributionsin Relation to

the ActuariallyDeterminedContribution

This schedule is intended to show information for ten years. Information for additional years will be displayed as it becomes available.

Actuarially DeterminedContribution Payroll Covered Payroll

IMFR specific mortality table was used with fully generational projection scale MP-2014 (base year 2012).

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Required Supplementary InformationSchedule of Changes in the Employer's Net Pension Liability June 30, 2019

12/31/2015

Total Pension LiabilityService Cost $ 407,646 390,283 Interest 894,416 989,377 Differences Between Expected and Actual Experience 14,986 128,412 Change of Assumptions 423,607 20,287 Benefit Payments, Including Refunds

of Member Contributions (450,962) (480,710)

Net Change in Total Pension LiabilityTotal Pension Liability - Beginning 1,289,693 1,047,649

11,947,210 13,236,903 Total Pension Liability - Ending

13,236,903 14,284,552

Plan Fiduciary Net PositionContributions - Employer $ 365,981 391,777 Contributions - Members 175,457 164,482 Net Investment Income 699,427 61,412 Benefit Payments, Including Refunds

of Member Contributions (450,962) (480,710) Other (Net Transfer) 33,843 (269,210)

Net Change in Plan Fiduciary Net Position 823,746 (132,249) Plan Net Position - Beginning 11,420,780 12,244,526

Plan Net Position - Ending 12,244,526 12,112,277

Employer's Net Pension Liability $ 992,377 2,172,275

Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 92.50% 84.79%

Covered Payroll $ 3,502,607 3,654,481

Employer's Net Pension Liability as a Percentage of Covered Payroll 28.33% 59.44%

12/31/2014

This schedule is intended to show information for ten years. Information for additional years will be displayedas it becomes available.

74 Packet Pg. 124

12/31/2016 12/31/2017 12/31/2018

398,240 419,374 380,953 1,065,095 1,139,206 1,140,813

56,512 (424,893) (134,998) (21,962) (519,459) 549,119

(526,894) (551,640) (595,540)

970,991 62,588 1,340,347 14,284,552 15,255,543 15,318,131

15,255,543 15,318,131 16,658,478

402,003 402,784 421,012 175,461 174,955 186,839 845,846 2,267,783 (747,906)

(526,894) (551,640) (595,540) 28,256 (355,607) (267,514)

924,672 1,938,275 (1,003,109) 12,112,277 13,036,949 14,975,224

13,036,949 14,975,224 13,972,115

2,218,594 342,907 2,686,363

85.46% 97.76% 83.87%

3,899,148 3,887,683 4,148,246

56.90% 8.82% 64.76%

75 Packet Pg. 125


Post Retirement Health Plan

Required Supplementary InformationSchedule of Changes in the Employer's Total OPEB Liability June 30, 2019

2019

Total OPEB LiabilityService Cost $ 12,854 12,158 Interest 15,923 5,484 Changes in Benefit Terms (54,801) - Differences Between Expected and Actual Experience (53,182) - Change of Assumptions or Other Inputs (201,912) 2,473 Benefit Payments (14,518) (14,672) Other Changes (54,564) 372 Net Change in Total OPEB Liability (350,200) 5,815 Total OPEB Liability - Beginning 541,577 191,377

Total OPEB Liability - Ending 191,377 197,192

Covered Payroll $ 3,761,491 3,874,336

Total OPEB Liability as a Percentage of Covered Payroll 5.09% 5.09%

Notes:

BlueAdvantage

Fiscal Year PPO HMO

2020 4.50% 4.00%2021 4.50% 4.00%2022 4.50% 4.00%2023 4.50% 4.00%2024 4.50% 4.00%2025 4.50% 4.00%2026 4.50% 4.00%2027 4.50% 4.00%2028 4.50% 4.00%

Subsequent 4.50% 4.00%

This schedule is intended to show information for ten years. Information for additional years will be displayedas it becomes available.

Changes of Benefit Terms. There was no change in the retirees' share of health insurance premiums.

Changes of Assumptions. Changes of assumptions and other inputs reflect the effects of changes in thediscount rate each period. The following are the discount rates used in each period:

In 2019, there was no change in the healthcare trend rates from the prior year.

2018

76 Packet Pg. 126


General Fund

Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and ActualFor the Fiscal Year Ended June 30, 2019with Comparative Actual Amounts for the Fiscal Year Ended June 30, 2018

2018Final Actual Actual

RevenuesTaxes $ 6,808,136 6,808,136 6,823,075 5,818,842Licenses, Permits and Fees 374,688 374,688 364,688 10,000Intergovernmental - - 4,898 1,340Charges for Services 1,932,900 1,932,900 1,895,090 2,239,100Fines and Forfeits 14,000 14,000 11,231 19,010Interest 145,000 145,000 280,014 109,984Miscellaneous 118,000 118,000 191,651 216,968

Total Revenues 9,392,724 9,392,724 9,570,647 8,415,244

ExpendituresGeneral Government 8,124,000 8,124,000 7,699,772 7,340,096Capital Outlay 494,209 494,209 716,652 214,260

Total Expenditures 8,618,209 8,618,209 8,416,424 7,554,356

Excess (Deficiency) of RevenuesOver (Under) Expenditures 774,515 774,515 1,154,223 860,888

Other Financing (Uses)Transfers Out (774,515) (774,515) (742,395) -

Net Change in Fund Balance - - 411,828 860,888

Fund Balance - Beginning 7,432,183 6,571,295

Fund Balance - Ending 7,844,011 7,432,183

OriginalBudget

2019

77 Packet Pg. 127

Such statements and schedules include:

• Budgetary Comparison Schedules – Major Governmental Funds

• Conbining Statements – Nonmajor Governmental Funds

• Budgetary Comparison Schedules – Nonmajor Governmental Funds

• Budgetary Comparison Schedule – Enterprise Fund

• Condsolidated Year-End Financial Report

OTHER SUPPLEMENTARY INFORMATION

Other supplementary information includes financial statements and schedules not required by the GASB, nor apart of the basic financial statements, but are presented for purposes of additional analysis.

Packet Pg. 128

The Illinois Municipal Retirement Fund is used to account for property tax revenues that are restricted for thepayment of retirement benefits.

Insurance Liability Fund

The Insurance Liability Fund is used to account for property taxes that are restricted for the payment ofinsurance costs.

Social Security Fund

COMBINING AND INDIVIDUAL FUNDFINANCIAL STATEMENTS AND SCHEDULES

GENERAL FUND

The General Fund is used to account for all financial resources except those required to be accounted for inanother fund.

SPECIAL REVENUE FUNDS

The Special Revenue Funds are used to account for the proceeds of specific revenue sources (other thanfiduciary funds or capital projects funds) that are legally restricted to expenditure for specified purposes.


The Social Security Fund is used to account for property taxes that are restricted for the payment of retirementbenefits.

DEBT SERVICE FUND

The Debt Service Funds are created to account for the accumulation of resources for, and the payment of,general long-term debt principal and interest.

Packet Pg. 129

The Cultural and Events Center Fund is used to account for the activities of the Cultural and Events Center. Allactivities necessary to provide such services are accounted for in this fund, including, but not limited to,administration, operations, maintenance, financing, and related debt service.

Land Acquisition Fund

The Land Acquisition Fund is used to account for revenues derived from grants and earnings on investments.Additional funding is provided by bond proceeds.

ENTERPRISE FUNDS

Cultural and Events Center Fund

Mitigation Fund

The Mitigation Fund is used to account for the expenditures associated with the creation and maintenance of awetland mitigation bank and the revenues from selliing credits.

The Capital Projects Funds are used to account for all resources used for the acquisition of capital assets by theVillage, except those financed by Proprietary and Trust Funds, including general and infrastructure capitalassets.

The Construction and Development Fund is used to account for revenues derived primarily from local propertytaxes and grants.

The Enterprise Funds are used to account for operations that are financed and operated in a manner similar toprivate business enterprises where the intent is that costs of providing goods or services to the general public ona continuing basis be financed or recovered primarily through user charges; or where it has been decided thatperiodic determination of revenues earned, expenses incurred and/or net income is appropriate for capitalmaintenance, public policy, management control, accountability or other purpose.

COMBINING AND INDIVIDUAL FUNDFINANCIAL STATEMENTS AND SCHEDULES

CAPITAL PROJECTS FUNDS

Construction and Development Fund

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General Fund

Schedule of Revenues - Budget and Actual For the Fiscal Year Ended June 30, 2019with Comparative Actual Amounts for the Fiscal Year Ended June 30, 2018


TaxesProperty Taxes $ 6,568,136 6,568,136 6,548,337 5,565,102Personal Property Replacement Taxes 240,000 240,000 274,738 253,740

Total Taxes 6,808,136 6,808,136 6,823,075 5,818,842

Licenses, Permits and Fees 374,688 374,688 364,688 10,000

IntergovernmentalGrants - - 4,898 1,340

Charges for ServicesRental 1,144,500 1,144,500 1,123,743 1,501,574Reservations 83,000 83,000 89,572 95,847Camping Fees 380,400 380,400 348,031 304,840Golf Course Fees 325,000 325,000 333,744 336,839

Total Charges for Services 1,932,900 1,932,900 1,895,090 2,239,100

Fines and ForfeituresPolice Fines 14,000 14,000 11,231 19,010

Interest 145,000 145,000 280,014 109,984

MiscellaneousNature Center Programs 12,000 12,000 14,001 18,358Other 106,000 106,000 177,650 198,610

Total Miscellaneous 118,000 118,000 191,651 216,968

Total Revenues 9,392,724 9,392,724 9,570,647 8,415,244

BudgetOriginal

2019

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General Fund

Schedule of Expenditures - Budget and ActualFor the Fiscal Year Ended June 30, 2019with Comparative Actual Amounts for the Fiscal Year Ended June 30, 2018


General GovernmentPersonal Services

SalariesRegular $ 4,392,954 4,392,954 4,344,231 3,919,441Part-Time 520,155 520,155 429,850 527,800Overtime 28,694 28,694 36,834 26,689Special Detail 2,500 2,500 463 1,238Per Diem 9,100 9,100 8,100 9,090

4,953,403 4,953,403 4,819,478 4,484,258

Contractual ServicesConferences and Meetings 35,200 35,200 37,078 32,537Vehicle Allowance 9,000 9,000 9,000 9,000Audits and Management Services 28,300 28,300 28,300 27,600Banking Services 4,700 4,700 4,378 4,361Organization Support 95,750 95,750 93,750 94,512Public Relations 125,000 125,000 86,635 74,716Bench and Tree Program 3,000 3,000 2,266 10,275Publication of Legal Notices 1,500 1,500 917 1,435Insurance - Employees 772,800 772,800 692,519 697,852Insurance - Retirees 700 700 610 578Professional Fees 15,000 15,000 500 18,097Telephone 80,300 80,300 66,340 75,657Utilities 116,300 116,300 126,161 126,906Consulting Service 7,500 7,500 4,638 1,800Dispatch Services 34,038 34,038 34,038 32,417Legal Fees 116,000 116,000 123,422 126,148Association Dues 12,145 12,145 14,118 12,168Tuition Reimbursement 2,500 2,500 990 224Safety/Training 36,920 36,920 33,156 36,527Employee Recruitment 14,800 14,800 20,432 16,223Employee Recognition 18,768 18,768 17,785 18,210Wellness and Coaching 5,300 5,300 5,760 5,115Reforestation Program 60,000 60,000 51,846 59,376Tree and Brush Thinning 100,000 100,000 80,315 100,700Weed Management 140,000 140,000 155,872 166,896Donated Lands Management 30,000 30,000 - -

1,865,521 1,865,521 1,690,826 1,749,330

2019

OriginalBudget

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General Fund

Schedule of Expenditures - Budget and Actual - ContinuedFor the Fiscal Year Ended June 30, 2019with Comparative Actual Amounts for the Fiscal Year Ended June 30, 2018


General Government - ContinuedCommodities

Office Supplies $ 14,400 14,400 11,026 11,913Mileage 5,400 5,400 5,522 5,417Supplies 155,196 155,196 156,371 170,277Salt 11,000 11,000 4,189 3,989Nature Center Supplies 10,000 10,000 11,667 13,675Wildlife Studies 38,000 38,000 30,448 44,283Native Seed 80,000 80,000 83,769 60,290Herbicide 8,000 8,000 8,312 7,991Repair and Maintenance

Building and Grounds 277,550 277,550 305,377 332,430Automobile and Trucks 92,600 92,600 89,441 72,443Equipment and Machinery 75,000 75,000 73,860 72,156

Rental Equipment 6,000 6,000 4,770 4,265Sign Shop Materials 26,995 26,995 26,881 14,202Tools 9,000 9,000 8,982 7,984Information Technology 80,284 80,284 82,714 44,920Uniforms 26,300 26,300 26,521 19,574Fuel - Heating 5,100 5,100 8,314 7,289Fuel - Vehicles 145,200 145,200 158,336 152,727

1,066,025 1,066,025 1,096,500 1,045,825

OtherCounty of Kane - Services 50,000 50,000 50,000 50,000Miscellaneous Fees - - 25,968 10,683Contingencies 189,051 189,051 17,000 -

239,051 239,051 92,968 60,683

Total General Government 8,124,000 8,124,000 7,699,772 7,340,096

Capital OutlayOffice Equipment 500 500 4,947 574Automotive Equipment 308,409 308,409 543,159 136,129Machinery and Equipment 185,300 185,300 168,546 77,557

Total Capital Outlay 494,209 494,209 716,652 214,260


Original

2019Budget

80 Packet Pg. 133


Debt Service Fund



RevenuesTaxes

Property Taxes $ 15,932,697 15,932,697 15,884,670 22,560,782Personal Property Replacement Taxes 1,500 1,500 1,726 1,661

Interest 85,000 85,000 205,280 122,607Total Revenues 16,019,197 16,019,197 16,091,676 22,685,050

ExpendituresDebt Service

Principal Retirement 9,685,000 9,685,000 9,685,000 17,165,000Interest and Fiscal Charges 5,481,516 5,481,516 5,459,739 5,800,592


Net Change in Fund Balance 852,681 852,681 946,937 (280,542)



BudgetOriginal

2019

81 Packet Pg. 134


Construction and Development - Capital Projects Fund



RevenuesTaxes

Property Taxes $ 112,370 112,370 112,032 112,238Intergovernmental

Grants 377,940 377,940 100,759 374,478Charges for Services 750,000 750,000 562,349 424,066Interest 180,000 180,000 397,012 275,204Miscellaneous - - 50,000 215,692Refunds 4,000,000 4,000,000 - -

Total Revenues 5,420,310 5,420,310 1,222,152 1,401,678

ExpendituresGeneral Government

Contractual ServicesProfessional Services - - 277,952 217,339Trail Resurfacing 120,000 120,000 102,625 75,220Restoration/ Reforestation Program 741,065 741,065 268,958 117,778Other - 18,197 7,486

Land Acquisition and DevelopmentFox River Trust Expenditures 2,371,019 2,371,019 80,841 24,332ADA Projects 178,629 178,629 - 47,945Land Area Development - 239,589 470,444Aurora Bridge Project 1,500,000 1,500,000 - 268,992

Capital OutlayLand Acquisition and Development

Land Area Development 995,335 995,335 482,794 1,897,727 Total Expenditures 5,906,048 5,906,048 1,470,956 3,127,263

Excess (Deficiency) of RevenuesOver (Under) Expenditures (485,738) (485,738) (248,804) (1,725,585)

Other Financing Sources (Uses)Debt Issuance - - - 10,000,000Transfers Out - - (100,000) -

- - (100,000) 10,000,000

Net Change in Fund Balance (485,738) (485,738) (348,804) 8,274,415



BudgetOriginal

2019

82 Packet Pg. 135


Land Acquisition - Capital Projects Fund



RevenuesIntergovernmental

Grants $ 750,000 750,000 - 750,000Interest 149,905 149,905 528,952 439,535Miscellaneous - - 224,658 9,359

Total Revenues 899,905 899,905 753,610 1,198,894


Contractual ServicesConsulting Services 15,000 15,000 14,946 4,700Surveys and Appraisals 30,000 30,000 29,150 77,007

OtherMiscellaneous Fees - - 5,714 3,912

Capital OutlayLand Acquisition and Development

Purchase of Land 15,000,000 15,000,000 7,396,301 14,612,695Debt Service

Interest and Fiscal Charges - - - 159,140Total Expenditures 15,045,000 15,045,000 7,446,111 14,857,454

Excess (Deficiency) of RevenuesOver (Under) Expenditures (14,145,095) (14,145,095) (6,692,501) (13,658,560)

Other Financing Sources Debt Issuance - - - 40,000,000Premium on Debt Issuance - - - 148,548

- - - 40,148,548

Net Change in Fund Balance (14,145,095) (14,145,095) (6,692,501) 26,489,988



BudgetOriginal

2019

83 Packet Pg. 136


Nonmajor Governmental

Combining Balance SheetJune 30, 2019

CapitalInsurance Social ProjectsLiability Security Mitigation Totals

Cash and Investments $ 195,005 246,854 172,519 88,408 702,786Receivables - Net of Allowances

Property Taxes 5,808 5,808 5,808 - 17,424Accounts 6,043 15,143 6,532 - 27,718

Total Assets 206,856 267,805 184,859 88,408 747,928

Accounts Payable - 126,183 - 14,321 140,504

Property Taxes 10,029 10,029 10,029 - 30,087Total Liabilities and Deferred Inflows

of Resources 10,029 136,212 10,029 14,321 170,591

Restricted 196,827 131,593 174,830 - 503,250Assigned - - - 74,087 74,087

Total Fund Balances 196,827 131,593 174,830 74,087 577,337

Total Liabilities, Deferred Inflows ofResources and Fund Balances 206,856 267,805 184,859 88,408 747,928

Special Revenue Funds

LIABILITIES


FUND BALANCES

Illinois

ASSETS

MunicipalRetirement

84 Packet Pg. 137


Nonmajor Governmental

Combining Statement of Revenues, Expenditures and Changes in Fund BalancesFor the Fiscal Year Ended June 30, 2019

CapitalInsurance Social ProjectsLiability Security Mitigation Totals

RevenuesTaxes $ 12,730 10,073 11,799 - 34,602Interest 2,169 3,210 1,526 531 7,436Miscellaneous - 1,500 - - 1,500

Total Revenues 14,899 14,783 13,325 531 43,538

ExpendituresGeneral Government 393,683 263,188 349,681 26,444 1,032,996

Excess (Deficiency) of RevenuesOver (Under) Expenditures (378,784) (248,405) (336,356) (25,913) (989,458)

Other Financing SourcesTransfer In 288,879 152,305 301,211 100,000 842,395

Net Change in Fund Balances (89,905) (96,100) (35,145) 74,087 (147,063)

Fund Balances - Beginning 286,732 227,693 209,975 - 724,400

Fund Balances - Ending 196,827 131,593 174,830 74,087 577,337

IllinoisMunicipalRetirement

Special Revenue Funds

85 Packet Pg. 138


Illinois Municipal Retirement - Special Revenue Fund



RevenuesTaxes

Property Taxes $ 10,103 10,103 10,073 458,228Personal Property Replacement Taxes 2,300 2,300 2,657 2,544

Interest 5,100 5,100 2,169 6,354Total Revenues 17,503 17,503 14,899 467,126


Personal ServicesIllinois Municipal Retirement Fund 388,600 388,600 392,835 408,131

OtherMiscellaneous Fees - - 848 345

Total Expenditures 388,600 388,600 393,683 408,476

Excess (Deficiency) of RevenuesOver (Under) Expenditures (371,097) (371,097) (378,784) 58,650

Other Financing Sources Transfer In 282,615 282,615 288,879 -

Net Change in Fund Balance (88,482) (88,482) (89,905) 58,650

Fund Balance - Beginning 286,732 228,082

Fund Balance - Ending 196,827 286,732

BudgetOriginal

2019

86 Packet Pg. 139


Insurance Liability - Special Revenue Fund



RevenuesTaxes

Property Taxes $ 10,103 10,103 10,073 19,973Interest 6,800 6,800 3,210 6,129Miscellaneous - - 1,500 -

Total Revenues 16,903 16,903 14,783 26,102


Personal ServicesUnemployment Compensation 18,000 18,000 15,378 18,321

Contractual ServicesInsurance - General 115,000 115,000 117,855 113,549Workmen's Compensation 125,160 125,160 127,854 120,944

OtherMiscellaneous Fees - - 2,101 864


Excess (Deficiency) of RevenuesOver (Under) Expenditures (241,257) (241,257) (248,405) (227,576)

Other Financing SourcesTransfer In 144,200 144,200 152,305 -

Net Change in Fund Balance (97,057) (97,057) (96,100) (227,576)



BudgetOriginal

2019

87 Packet Pg. 140


Social Security - Special Revenue Fund



RevenuesTaxes

Property Taxes $ 10,103 10,103 10,073 318,801Personal Property Replacement Taxes 1,500 1,500 1,726 1,661

Interest 5,600 5,600 1,526 4,857Total Revenues 17,203 17,203 13,325 325,319


Personal ServicesSocial Security Tax 368,400 368,400 348,768 325,274

OtherMiscellaneous Fees - - 913 373


Excess (Deficiency) of RevenuesOver (Under) Expenditures (351,197) (351,197) (336,356) (328)

Other Financing SourcesTransfer In 348,000 348,000 301,211 -

Net Change in Fund Balance (3,197) (3,197) (35,145) (328)



BudgetOriginal

2019

88 Packet Pg. 141


Mitigation - Capital Projects Fund



RevenuesInterest $ 3,000 3,000 531 -


Legal/Professional Services 100,000 100,000 26,444 -

Excess (Deficiency) of RevenuesOver (Under) Expenditures (97,000) (97,000) (25,913) -

Other Financing Sources Transfers In 100,000 100,000 100,000 -

Net Change in Fund Balance 3,000 3,000 74,087 -

Fund Balance - Beginning - -

Fund Balance - Ending 74,087 -

2019Budget

Original

89 Packet Pg. 142


Cultural and Events Center - Enterprise Fund

Schedule of Revenues, Expenses and Changes in Net Position - Budget and ActualFor the Fiscal Year Ended June 30, 2019with Comparative Actual Amounts for the Fiscal Year Ended June 30, 2018


Operating RevenuesCharges for Services

Rentals $ 725,000 725,000 165,000 725,921

Operating Expenses Operations

Miscellaneous Fees 3,200 3,200 10,967 6,280Depreciation and Amortization 743,412 743,412 745,791 743,404

Total Operating Expenses 746,612 746,612 756,758 749,684

Operating (Loss) (21,612) (21,612) (591,758) (23,763)

Nonoperating Revenues (Expenses)Interest Income 67,000 67,000 120,465 23,764Interest Expense 128,783 128,783 (128,387) (137,796)Bond Expense 475,000 475,000 - -

670,783 670,783 (7,922) (114,032)

Income (Loss) Before Contributions 649,171 649,171 (599,680) (137,795)

Capital Contribution - - 82,570 -

Change in Net Position 649,171 649,171 (517,110) (137,795)

Net Position - Beginning 10,673,164 10,810,959

Net Position - Ending 10,156,054 10,673,164

OriginalBudget

2019

90 Packet Pg. 143


Consolidated Year-End Financial ReportJune 30, 2019

CSFA # Program Name Federal Other Totals

422-11-1154 Recreational Trails Program $ - 25,861 - 25,861 494-42-0495 Local Surface Transportation Program - 71,602 - 71,602

Other Grant Programs and Activities - - 26,876 26,876 All Other Costs Not Allocated - - 17,013,478 17,013,478

Totals - 97,463 17,040,354 17,137,817

State

91 Packet Pg. 144

SUPPLEMENTAL SCHEDULES

Packet Pg. 145


Schedule of Long-Term Debt Requirements

General Obligation Bonds of 2011AJune 30, 2019

Date of Issue June 15, 2011Date of Maturity December 15, 2031Authorized Issue $30,000,000Denomination of Bonds $5,000Interest Rates 3.00% - 4.50%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York

FiscalYear Interest Totals

2020 $ 1,315,000 894,050 2,209,0502021 1,365,000 840,450 2,205,4502022 1,415,000 784,850 2,199,8502023 1,475,000 727,050 2,202,0502024 1,535,000 666,850 2,201,8502025 1,605,000 604,050 2,209,0502026 1,680,000 538,350 2,218,3502027 1,755,000 469,650 2,224,6502028 1,845,000 397,650 2,242,6502029 1,935,000 320,841 2,255,8412030 2,030,000 237,794 2,267,7942031 2,135,000 147,953 2,282,9532032 2,250,000 50,625 2,300,625

22,340,000 6,680,163 29,020,163

CURRENT AND LONG-TERM PRINCIPAL AND INTEREST REQUIREMENTS

Principal

92 Packet Pg. 146



General Obligation Limited Tax Refunding Bonds of 2011BJune 30, 2019

Date of Issue October 26, 2011Date of Maturity December 15, 2019Authorized Issue $21,235,000Denomination of Bonds $5,000Interest Rates 3.00% - 5.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ 585,000 11,700 596,700


Principal

93 Packet Pg. 147



General Obligation Limited Tax Refunding Bonds of 2015AJune 30, 2019

Date of Issue December 22, 2015Date of Maturity December 15, 2025Authorized Issue $8,245,000Denomination of Bonds $5,000Interest Rate 3.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ 1,240,000 228,750 1,468,7502021 - 210,150 210,1502022 - 210,150 210,1502023 1,675,000 185,025 1,860,0252024 1,725,000 134,025 1,859,0252025 1,775,000 81,525 1,856,5252026 1,830,000 27,450 1,857,450

8,245,000 1,077,075 9,322,075


Principal

94 Packet Pg. 148



General Obligation Refunding Bonds of 2015BJune 30, 2019

Date of Issue December 22, 2015Date of Maturity December 15, 2019Authorized Issue $1,110,000Denomination of Bonds $5,000Interest Rate 3.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ 1,110,000 16,650 1,126,650


Principal

95 Packet Pg. 149



General Obligation Limited Tax Refunding Bonds of 2016AJune 30, 2019

Date of Issue March 23, 2016Date of Maturity December 15, 2025Authorized Issue $5,725,000Denomination of Bonds $5,000Interest Rate 5.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ - 286,250 286,2502021 1,900,000 238,750 2,138,7502022 2,000,000 141,250 2,141,2502023 425,000 80,625 505,6252024 445,000 58,875 503,8752025 470,000 36,000 506,0002026 485,000 12,125 497,125

5,725,000 853,875 6,578,875


Principal

96 Packet Pg. 150



Taxable General Obligation (Alternate Revenue Source) Bonds of 2016BJune 30, 2019

Date of Issue March 23, 2016Date of Maturity December 15, 2027Authorized Issue $5,860,000Denomination of Bonds $5,000Interest Rates 2.00% - 3.15%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ 485,000 119,182 604,1822021 495,000 109,382 604,3822022 505,000 99,256 604,2562023 515,000 88,158 603,1582024 530,000 75,610 605,6102025 545,000 60,810 605,8102026 560,000 44,235 604,2352027 575,000 27,210 602,2102028 590,000 9,293 599,293

4,800,000 633,136 5,433,136


Principal

97 Packet Pg. 151



General Obligation Refunding Bonds of 2016CJune 30, 2019

Date of Issue September 8, 2016Date of Maturity December 15, 2026Authorized Issue $56,810,000Denomination of Bonds $5,000Interest Rates 3.00% - 5.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York Mellon Trust Company, NA


2020 $ 4,585,000 2,042,575 6,627,5752021 5,135,000 1,799,575 6,934,5752022 5,710,000 1,528,450 7,238,4502023 6,330,000 1,227,450 7,557,4502024 7,005,000 894,075 7,899,0752025 7,725,000 603,075 8,328,0752026 8,310,000 362,550 8,672,5502027 7,930,000 118,950 8,048,950

52,730,000 8,576,700 61,306,700


Principal

98 Packet Pg. 152



General Obligation Bonds of 2017AJune 30, 2019

Date of Issue July 26, 2017Date of Maturity December 15, 2037Authorized Issue $40,000,000Denomination of Bonds $5,000Interest Rates 3.00% - 5.00%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ - 1,369,331 1,369,3312021 - 1,369,331 1,369,3312022 - 1,369,331 1,369,3312023 510,000 1,356,581 1,866,5812024 1,810,000 1,298,581 3,108,5812025 1,570,000 1,214,081 2,784,0812026 1,255,000 1,156,006 2,411,0062027 2,495,000 1,099,756 3,594,7562028 2,520,000 1,024,531 3,544,5312029 2,570,000 948,181 3,518,1812030 2,640,000 870,031 3,510,0312031 2,710,000 788,088 3,498,0882032 2,780,000 702,306 3,482,3062033 2,905,000 611,663 3,516,6632034 3,015,000 513,578 3,528,5782035 3,110,000 408,275 3,518,2752036 3,235,000 297,238 3,532,2382037 3,365,000 181,738 3,546,7382038 3,510,000 61,427 3,571,427

40,000,000 16,640,054 56,640,054


Principal

99 Packet Pg. 153



Taxable General Obligation Bonds of 2017BJune 30, 2019

Date of Issue July 26, 2017Date of Maturity December 15, 2023Authorized Issue $10,000,000Denomination of Bonds $5,000Interest Rates 2.00% - 2.55%Interest Dates June 15 and December 15Principal Maturity Date December 15Payable at Bank of New York


2020 $ 1,880,000 168,985 2,048,9852021 2,730,000 122,885 2,852,8852022 2,480,000 68,925 2,548,9252023 1,690,000 22,408 1,712,4082024 100,000 1,275 101,275

8,880,000 384,478 9,264,478


Principal

100 Packet Pg. 154

These schedules contain trend information to help the reader understand how the District’s financialperformance and well-being have changed over time.

STATISTICAL SECTION(Unaudited)

This part of the comprehensive annual financial report presents detailed information as a context forunderstanding what the information in the financial statements, note disclosures, and required supplementaryinformation says about the District’s overall financial health.

Financial Trends

Operating Information

These schedules contain service and infrastructure data to help the reader understand how the information in theDistrict’s financial report relates to the services the District provides and the activities it performs.

Revenue Capacity

These schedules contain information to help the reader assess the District’s most significant local revenuesources.

Debt Capacity

These schedules present information to help the reader assess the affordability of the District’s current levels ofoutstanding debt and the District’s ability to issue additional debt in the future.

Demographic and Economic Information

These schedules offer demographic and economic indicators to help the reader understand the environmentwithin which the District’s financial activities take place.

Packet Pg. 155


Net Position by Component - Last Ten Fiscal Years*June 30, 2019 (Unaudited)

See Following Page

Packet Pg. 156


Net Position by Component - Last Ten Fiscal Years*

2010 2011 2012 2013

Governmental ActivitiesNet Investment in Capital Assets $ 143,097,036 159,341,526 173,717,878 193,658,072 Restricted 18,717,112 6,177,475 7,288,583 2,825,700 Unrestricted 1,782,664 12,454,602 10,700,112 12,645,143

Total Governmental Activities Net Position 163,596,812 177,973,603 191,706,573 209,128,915

Business-Type ActivitiesNet Investment in Capital Assets 11,084,823 10,485,805 10,047,518 7,516,367 Unrestricted 2,627,694 3,333,415 3,228,136 3,242,742

Total Business-Type Activities Net Position 13,712,517 13,819,220 13,275,654 10,759,109

Primary GovernmentNet Investment in Capital Assets 154,181,859 169,827,331 183,765,396 201,174,439 Restricted 18,717,112 6,177,475 7,288,583 2,825,700 Unrestricted 4,410,358 15,788,017 13,928,248 15,887,885

Total Primary Government Net Position 177,309,329 191,792,823 204,982,227 219,888,024

* Accrual Basis of Accounting

Data Source: Audited Financial Statements

June 30, 2019 (Unaudited)

101 Packet Pg. 157

2014 2015 2016 2017 2018 2019

207,920,495 238,279,636 258,666,619 285,718,113 308,803,496 318,609,610 6,721,307 7,111,243 7,372,270 5,730,355 4,947,343 6,136,049

16,747,031 10,424,655 14,654,278 14,903,106 17,102,884 17,537,012

231,388,833 255,815,534 280,693,167 306,351,574 330,853,723 342,282,671

7,122,407 7,657,380 7,011,212 7,034,666 6,756,262 6,568,041 3,490,535 3,547,236 3,982,981 3,776,293 3,916,902 3,588,013

10,612,942 11,204,616 10,994,193 10,810,959 10,673,164 10,156,054

215,042,902 245,937,016 265,677,831 292,752,779 315,559,758 325,177,651 6,721,307 7,111,243 7,372,270 5,730,355 4,947,343 6,136,049

20,237,566 13,971,891 18,637,259 18,679,399 21,019,786 21,125,025

242,001,775 267,020,150 291,687,360 317,162,533 341,526,887 352,438,725

102 Packet Pg. 158

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104

Packet Pg. 160


Fund Balances of Governmental Funds - Last Ten Fiscal Years*

2010 2011 2012

General FundReserved $ 6,500 - - Unreserved 3,802,373 - - Nonspendable - 6,500 6,500 Unassigned - 4,182,868 4,775,952

Total General Fund 3,808,873 4,189,368 4,782,452

All Other Governmental FundsReserved, Reported in,

Special Revenue Funds 609,668 - - Debt Service Funds 2,113,169 - - Capital Projects Funds 15,994,275 - -

Unreserved, reported inDebt Service Funds - - -

Restricted - 29,431,232 13,912,213 Assigned - 11,140,028 9,529,913 Unassigned - - -

Total All Other Governmental Funds 18,717,112 40,571,260 23,442,126

Total Governmental Funds 22,525,985 44,760,628 28,224,578

* Modified Accrual Basis of Accounting


The District implemented GASB No. 54 for the fiscal year ended June 30, 2011.


105 Packet Pg. 161

2013 2014 2015 2016 2017 2018 2019

- - - - - - - - - - - -

6,500 6,500 6,500 5,959 5,959 15,242 9,233 5,472,063 6,575,721 7,257,976 5,919,586 6,565,336 7,416,941 7,834,778 5,478,563 6,582,221 7,264,476 5,925,545 6,571,295 7,432,183 7,844,011

- - - - - - - - - - - - - - - - - - - - -

- - - - - - - 9,217,096 8,705,540 7,392,529 7,613,994 5,927,138 5,181,429 6,353,756

11,448,451 9,049,675 8,815,852 10,086,856 10,015,322 45,075,641 37,661,880 - - - - - - -

20,665,547 17,755,215 16,208,381 17,700,850 15,942,460 50,257,070 44,015,636

26,144,110 24,337,436 23,472,857 23,626,395 22,513,755 57,689,253 51,859,647

106 Packet Pg. 162


Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years*

2010 2011 2012

RevenuesTaxes $ 30,203,295 31,160,915 32,222,032 Charges for Services 1,318,800 1,253,552 1,681,377 Licenses and Permits 22,691 20,868 19,727 Intergovernmental 2,403,610 1,389,481 350,799 Fines and Forfeitures - - - Investment Income 234,971 151,132 49,930 Miscellaneous 104,000 169,065 189,168

Total Revenues 34,287,367 34,145,013 34,513,033

ExpendituresCurrent

General Government 7,029,826 6,967,700 7,464,482 Land Acquisition and Development - - -

Capital Outlay 10,892,040 10,450,091 16,847,071 Debt Service

Principal Retirement 13,050,000 14,410,000 38,050,000 Interest and Fiscal Charges 10,865,043 10,232,200 10,981,802

Total Expenditures 41,836,909 42,059,991 73,343,355

Excess (Deficiency) of RevenuesOver (Under) Expenditures (7,549,542) (7,914,978) (38,830,322)

Other Financing Sources (Uses)Payment to Refunded Bond Escrow Agent - - - Transfers In 260,000 - - Transfers Out - - - Issuance of Bonds - 30,000,000 21,235,000 Premium on Bonds - 219,374 1,058,524 Proceeds from Sale of Capital Assets 1,021,036 21,197 748

1,281,036 30,240,571 22,294,272

Net Change in Fund Balances (6,268,506) 22,325,593 (16,536,050)

Debt Service as a Percentageof Noncapital Expenditures 77.30% 78.00% 85.10%

* Modified Accrual Basis of AccountingData Source: Audited Financial Statements


107 Packet Pg. 163

2013 2014 2015 2016 2017 2018 2019

35,396,556 33,762,120 35,576,447 36,054,941 35,654,019 29,294,730 22,856,105 2,117,081 2,317,254 2,540,375 2,568,999 2,591,308 2,663,166 2,457,439

15,243 19,146 14,360 10,000 10,000 10,000 364,688 572,098 1,023,152 1,094,490 233,426 884,900 1,125,818 105,657

- 16,579 11,741 14,121 17,648 19,010 11,231 136,852 136,520 117,305 144,809 248,755 964,670 1,418,694 130,942 426,101 1,486,441 744,657 935,597 442,022 467,809

38,368,772 37,700,872 40,841,159 39,770,953 40,342,227 34,519,416 27,681,623

7,322,439 8,112,744 8,058,666 8,159,799 8,719,595 8,831,339 9,450,310 - 571,500 584,868 520,579 601,646 811,713 320,430

4,557,329 4,752,062 4,688,627 1,823,499 3,430,855 16,724,682 8,595,747

45,940,000 18,115,000 21,110,000 22,575,000 22,455,000 17,165,000 9,685,000 11,182,329 8,016,500 7,263,577 6,712,854 6,428,129 5,959,732 5,459,739 69,002,097 39,567,806 41,705,738 39,791,731 41,635,225 49,492,466 33,511,226

(30,633,325) (1,866,934) (864,579) (20,778) (1,292,998) (14,973,050) (5,829,603)

(43,860,804) - - (16,398,223) (64,999,738) - - - 31,000 100,000 2,200,000 2,300,000 - 842,395 - (31,000) (100,000) (2,200,000) (2,300,000) - (842,395)

65,200,000 - - 15,080,000 56,810,000 50,000,000 6,798,357 - - 1,492,539 8,370,096 148,548

415,304 60,263 - - - - - 28,552,857 60,263 - 174,316 180,358 50,148,548 -

(2,080,468) (1,806,671) (864,579) 153,538 (1,112,640) 35,175,498 (5,829,603)

88.40% 77.56% 75.59% 77.72% 75.43% 70.28% 60.98%

108 Packet Pg. 164


Assessed Value and Actual Value of Taxable Property - Last Ten Fiscal YearsJune 30, 2019 (Unaudited)

Tax

Fiscal LevyYear Year

2010 2009 $ 12,227,366,351 $ 266,671,270 $ 3,287,993,262

2011 2010 11,458,223,572 258,244,853 3,113,576,239

2012 2011 10,500,653,170 253,294,432 3,002,142,531

2013 2012 9,493,140,070 243,744,234 2,922,755,971

2014 2013 8,815,204,324 238,144,836 2,715,464,142

2015 2014 8,683,462,757 237,504,210 2,696,389,795

2016 2015 9,088,292,297 241,272,681 2,828,020,570

2017 2016 9,816,445,191 250,638,832 3,006,556,115

2018 2017 10,443,127,230 263,572,106 3,115,449,883

2019 2018 10,966,455,431 277,537,785 3,279,189,645

Data Source: Office of the Kane County Clerk

Note: Property is assessed at 33.3% of actual value.

Property PropertyResidential

Farm& IndustrialCommercial

109 Packet Pg. 165

TotalDirect Tax

Rate

$ 10,598,471 $ 15,792,629,354 $ 47,377,888,062 0.1997

12,429,644 14,842,474,308 44,527,422,924 0.2201

13,808,973 13,769,899,106 41,309,697,318 0.2609

16,021,810 12,675,662,085 38,026,986,255 0.2710

17,468,815 11,786,282,117 34,942,328,628 0.3039

30,086,113 11,647,442,875 34,942,328,628 0.3126

20,041,159 12,177,626,707 36,532,880,125 0.2942

21,937,710 13,095,577,848 39,286,733,548 0.2253

22,840,232 13,844,989,451 41,534,968,357 0.1658

24,143,942 14,547,326,803 43,641,980,413 0.1607

ValueTotalsProperty

TotalTaxableAssessedRailroad

110 Packet Pg. 166


Direct and Overlapping Property Tax Rates - Last Ten Tax Levy YearsJune 30, 2019 (Unaudited)

2010 2011 2012

District Direct RatesCorporate 0.0341 0.0374 0.0421 I.M.R.F. 0.0024 0.0027 0.0033 Construction & Development 0.0012 0.0013 0.0014 Liability Insurance 0.0015 0.0019 0.0021 Social Security 0.0022 0.0023 0.0025 Bonds & Interest 0.1787 0.2153 0.2196

Total District Direct Rates (1) 0.2201 0.2609 0.2710

Overlapping RatesCounty 0.3730 0.3990 0.4336 Fox River Water Reclamation District 0.0273 0.0299 0.0344 Elgin Township 0.0783 0.0890 0.0997 Elgin Twp Road District 0.0581 0.0660 0.0762 City of Elgin 1.9214 1.9836 1.9344 Gail Borden Library District 0.3650 0.4084 0.4791 Elgin Unit School District #46 5.2661 5.5589 6.3706 Elgin Community College District #509 0.4407 0.4454 0.5215

Total District Direct and Overlapping Rates (2) 8.7500 9.2411 10.2205

Share of Total Rates Levied by District 2.5% 2.8% 2.8%

Data Source: Kane County Clerk

(1) Statutory tax rate limits for the District are as follows: Corporate $0.06 and Construction and Development $0.025

(2) Representative tax rates for other governmental units are from Elgin Township tax code EL005, which represents approximately 7.2% of the District's 2018 EAV.

111 Packet Pg. 167

2013 2014 2015 2016 2017 2018

0.0461 0.0466 0.0444 0.0432 0.0481 0.0473 0.0036 0.0040 0.0038 0.0036 0.0001 0.0001 0.0006 0.0008 0.0009 0.0009 0.0008 0.0008 0.0017 0.0013 0.0012 0.0002 0.0001 0.0001 0.0027 0.0027 0.0027 0.0025 0.0001 0.0001 0.2491 0.2572 0.2412 0.1751 0.1167 0.1124 0.3039 0.3126 0.2942 0.2253 0.1658 0.1607

0.4623 0.4684 0.4479 0.4201 0.4025 0.3877 0.0370 0.0409 0.0339 0.0315 0.0302 0.0291 0.1114 0.1160 0.1102 0.1020 0.1192 0.1164 0.0858 0.0893 0.0849 0.0785 0.0758 0.0745 2.1668 2.3218 2.4110 2.2396 2.1494 2.0240 0.5087 0.5796 0.5294 0.4898 0.4729 0.4630 5.9395 8.0229 7.1238 6.5487 6.3696 6.1237 0.5707 0.6079 0.5609 0.5296 0.4999 0.5075

10.1861 12.5594 11.5962 10.6651 10.2854 9.8866

3.0% 2.5% 2.5% 2.1% 1.6% 1.6%

112 Packet Pg. 168


Principal Property Tax Payers - Current Tax Levy Year and Nine Tax Levy Years AgoJune 30, 2019 (Unaudited)

Percentage of Percentage ofTotal District Total District

Taxable TaxableAssessed Assessed

Taxpayer Rank Value Rank Value

Simon/Chelsea Chicago Development LLC $ 72,481,374 0.17% $ 39,909,367 1 0.08%LPF Geneva Commons LLC 37,699,456 0.09%Liberty Illinois LP 35,304,308 0.08% 34,138,430 2 0.07%Chicago Premium Outlets Expansion LLC 21,654,069 0.05%Legia St Charles Associates LLC 20,950,229 0.05%John B. Sanfillippo & Son Inc. 17,917,695 0.04% 18,906,673 7 0.04%Q Center LLC 17,010,465 0.04%Canterfield Apartment Owner LLC 16,876,296 0.04%In Retail Fund Algonquin Commons 13,250,032 0.03% 27,565,244 5 0.06%Aldi Inc 13,026,109 0.03%Spring Hill Mall 31,928,119 2 0.07%V V2/Geneva Commons, LP 31,172,228 4 0.07%Toyota Motor Sales U S A Inc 22,152,307 6 0.05%Arthur Anderson & Co 15,306,735 8 0.03%Amli at St Charles LLC 12,498,750 9 0.03%Aurora Industrial Holding Company LLC Kraft Foods Global INC 11,833,397 10 0.02%

266,170,033 0.61% 245,411,250 0.52%

Data Source: Kane County Assessor

Assessed AssessedValue Value

Tax Levy Year 2018 Tax Levy Year 2009

Taxable Taxable

113 Packet Pg. 169


Property Tax Levies and Collections - Last Ten Fiscal YearsJune 30, 2019 (Unaudited)

TaxFiscal Levy Percentage PercentageYear Year of Levy of Levy

2010 2009 $ 30,909,239 $ 12,987,245 42.02% $ 17,877,393 $ 30,864,638 99.86%

2011 2010 32,062,395 15,703,107 48.98% 16,257,616 31,960,723 99.68%

2012 2011 35,255,223 17,469,072 49.55% 16,681,555 34,150,627 96.87%

2013 2012 33,696,456 16,773,750 49.78% 16,793,497 33,567,247 99.62%

2014 2013 35,422,768 17,788,031 50.22% 17,484,822 35,272,853 99.58%

2015 2014 36,009,124 18,132,465 50.36% 17,353,724 35,486,189 98.55%

2016 2015 35,417,740 17,688,270 49.94% 17,729,470 35,417,740 100.00%

2017 2016 29,153,961 14,322,283 49.13% 14,831,678 29,153,961 100.00%

2018 2017 22,643,516 11,407,401 50.38% 11,236,116 22,643,517 100.00%

2019 2018 23,023,683 9,688,995 42.08% 13,334,688 * 23,023,683 100.00%

*Collections made after year-end.

Data Source: District records

Total Collections to DateSubsequent

Year Amount Years Amountthe Fiscal

Taxes Collected within the CollectionsLevied for Fiscal Year of the Levy in

114 Packet Pg. 170


Ratios of Outstanding Debt by Type - Last Ten Fiscal YearsJune 30, 2019 (Unaudited)

Percentageof

Fiscal PersonalYear Income (1)

2010 $ 229,611,825 $ 7,730,000 $ 237,341,825 1.25% $ 459.73

2011 245,736,548 7,450,000 253,186,548 1.33% 491.37

2012 229,481,457 7,114,397 236,595,854 1.21% 452.83

2013 214,737,290 6,817,247 221,554,537 1.07% 423.10

2014 195,786,865 6,505,097 202,291,962 0.78% 383.63

2015 173,870,357 6,177,947 180,048,304 0.79% 339.17

2016 150,881,834 6,220,000 157,101,834 0.65% 295.46

2017 128,804,403 5,740,000 134,544,403 0.54% 251.64

2018 157,737,317 5,275,000 163,012,317 0.66% 304.89

2019 147,016,850 4,800,000 151,816,850 0.58% 284.19


Note: Details regarding the District's outstanding debt can be found in the notes to the financial statements.

(1) See the Schedule of Demographic and Economic Statistics for personal income and population data.

Bonds Bonds Government Capita (1)

Business-TypeActivities ActivitiesGeneral

Governmental

PerGeneral Total

Obligation Obligation Primary

115 Packet Pg. 171


Percentage ofTotal Taxable

Less: Amounts AssessedFiscal Available for Value ofYear Debt Service Property (1)

2010 $ 237,812,324 $ 2,113,169 $ 235,699,155 0.50% $ 456.54

2011 253,685,748 2,759,107 250,926,641 0.56% 486.98

2012 229,481,457 2,177,699 227,303,758 0.55% 435.04

2013 214,737,290 1,053,237 213,684,053 0.56% 408.07

2014 202,291,962 3,265,936 199,026,026 0.57% 377.44

2015 180,048,304 3,891,081 176,157,223 0.50% 331.84

2016 157,101,834 4,325,602 152,776,232 0.42% 287.80

2017 134,544,403 2,412,309 132,132,094 0.34% 248.50

2018 163,012,317 2,094,467 160,917,850 0.39% 300.97

2019 151,816,850 3,057,780 148,759,070 0.34% 278.46


Note: Details regarding the District's outstanding debt can be found in the notes to the financial statements.

(1) See the Schedule of Assessed Value and Actual Value of Taxable Property for property value data.(2) See the Schedule of Demographic and Economic Statistics for population data.


Ratios of General Bonded Debt Outstanding - Last Ten Fiscal Years

Totals

GeneralObligation

BondsPer

Capita (2)

116 Packet Pg. 172


Schedule of Direct and Overlapping Governmental Activities Debt

Percentage ofDebt

ApplicableGovernmental Unit to District (1)

Forest Preserve District of Kane County $ 147,016,850 100.00% $ 147,016,850

Overlapping Debt (2)Kane County 37,551,448 100.00% 37,551,448

Townships 48,330,390 100.00% 48,330,390

School Districts and Colleges 2,070,085,903 51.54% 1,066,922,274

Cities & Villages 633,645,000 60.97% 386,333,357

Park Districts 115,240,390 63.99% 73,742,326

Library Districts 30,285,000 70.33% 21,299,441

Special Service Areas & TIF Districts 208,822,000 99.57% 207,924,065

Total Overlapping Debt 3,143,960,131 1,842,103,300

Total Direct and Overlapping Debt 3,290,976,981 1,989,120,150

Data Source: Kane County Clerk

(1) Debt percentage to County is calculated by applying the ratio of assessed value of the specific district to that portion which is in Kane County. Percentages have been rounded to the nearest hundredth.(2) Represents general obligation debt, as reported by various governments. Overlapping governments without general obligation debt are not shown. Data presented was obtained from the Kane

County Clerk.

Share ofGross Debt Debt


District's

117 Packet Pg. 173


Schedule of Legal Debt Margin - Last Ten Fiscal Years

2011 2012 2013

Legal Debt Limit $ 363,230,475 341,376,909 310,769,890 285,968,854

Total Net Debt Applicable to Limit 218,255,000 233,845,000 217,030,000 192,380,000

Legal Debt Margin 144,975,475 107,531,909 93,739,890 93,588,854

Total Net Debt Applicable to the Limitas a Percentage of Debt Limit 60.09% 68.50% 69.84% 67.27%

Data Source: District Records


2010

118 Packet Pg. 174

2014 2015 2016 2017 2018 2019

271,084,489 267,891,186 280,090,014 301,198,291 318,434,757 334,588,516

187,916,637 167,449,452 144,560,000 116,465,000 149,300,000 139,615,000

83,167,852 100,441,734 135,530,014 184,733,291 169,134,757 194,973,516

69.32% 62.51% 51.61% 38.67% 46.89% 41.73%

Assessed Value $ 14,547,326,803

Bonded Debt Limit - 2.30% of Assessed Value 334,588,516

Amount of Debt Applicable to Limit 139,615,000

Legal Debt Margin 194,973,516

Legal Debt Margin Calculation for Fiscal Year 2019

119 Packet Pg. 175


Fiscal UnemploymentYear Population Rate

2009 507,125 $ 18,322,933,375 $ 36,131 11.20%

2010 516,269 19,051,874,907 36,903 8.60%

2011 515,269 19,014,971,907 36,903 9.80%

2012 522,487 19,485,107,691 37,293 9.00%

2013 523,643 20,745,688,374 39,618 8.30%

2014 527,306 25,875,432,726 49,071 5.50%

2015 530,847 22,756,349,196 42,868 6.00%

2016 531,715 24,010,122,540 45,156 4.80%

2017 534,667 24,702,684,734 46,202 4.50%

2018 534,216 26,163,228,600 48,975 3.80%

Data Source: Office of Kane County Clerk, U.S. Census Bureau, Illinois Department of Employment Security

Note: Per capita income is based on census information

Information for 2019 is not available.


Demographic and Economic Statistics - Last Ten Fiscal Years

PerCapita

PersonalIncome

PersonalIncome

120 Packet Pg. 176


Principal Employers - Current Fiscal Year and Nine Fiscal Years AgoJune 30, 2019 (Unaudited)

Percentage Percentageof Total of TotalDistrict District

Employer Rank Population Rank Population

School District U-46 4,610 1 0.86% 5,000 1 0.99%Greencore USA 3,000 2 0.56%Chase 2,500 3 0.47%Caterpillar, Inc. 2,300 4 0.43% 3,000 2 0.59%Advocate Sherman Hospital 2,200 5 0.41% 2,200 3 0.43%Rush-Copley Medical Center 2,200 6 0.41% 1,400 7 0.28%Fermi Research Alliance 1,700 7 0.32% 2,000 4 0.39%School District #129 1,650 8 0.31%Delnor-Community Hospital 1,650 9 0.31% 1,650 5 0.33%Amita Health Mercy Medical Center 1,300 10 0.24%Waubonsee Community College 1,460 6 0.29%Kane County 1,323 8 0.26%Provena St. Jospeh Hospital 1,300 9 0.26%Provena Mercy Medical Center 1,300 10 0.26%

23,110 4.33% 20,633 4.07%

Data Source: 2018 Illinois Manufacturer's Directory, 2018 Illinois Services Directory, 2009 IllinoisManufacturer's Directory and 2009 Illinois Services Directory.

Employees Employees

2019 2009

121 Packet Pg. 177


Full-Time Equivalent Government Employees by Function - Ten Fiscal Years

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

General GovernmentAdministration 2 2 2 2 3 3 3 2 2 2 Finance 6 6 6 6 6 6 6 6 6 6 Human Resources 3 3 3 3 3 3 3 3 3 3

Public SafetyPolice Officers 6 6 6 6 6 6 6 6 6 6

OperationsAdministration 1 1 1 1 1 1 1 2 2 2 North Division 16 16 16 16 16 16 16 16 16 16 South Division 17 17 17 18 18 18 18 18 18 18 Trades 5 5 5 5 5 5 5 5 5 5

Planning and Acquisition 2 2 2 2 2 2 2 2 2 2

Natural Resources 6 6 7 7 7 7 7 7 9 9

Community Affairs and EducationCommunity Affairs 2 2 2 2 2 2 2 2 2 2 Education 4 4 4 4 4 4 4 4 4 4

Totals 70.0 70.0 71.0 72.0 73.0 73.0 73.0 73.0 75.0 75.0

Data Source: District Human Resources


Function

122 Packet Pg. 178


Operating Indicators by Function/Program - Last Ten Fiscal Years

2010 2011 2012

General GovernmentNumber of Volunteer Hours 9,352 7,773 7,655

Education CenterStaff Led Nature Programs

Conducted 269 247 225 Program Attendees 9,821 9,480 9,756 Nature Center Attendees 6,933 4,593 5,659 Total Attendees

(Programs + Nature Center) 16,754 14,073 15,415

Maintenance and DevelopmentPrescribed Burn Acres 1,034 1,559 1,000 Trees Planted 12,700 11,500 1,500 Trades - Work Orders Completed 92 207 86

Public SafetyOrdinance Violations 338 383 185

Data Source: District Departments


Function/Program

123 Packet Pg. 179

2013 2014 2015 2016 2017 2018 2019

9,792 8,723 11,594 11,660 13,248 12,981 13,382

192 209 222 223 267 299 267 7,262 6,914 8,136 7,940 8,937 11,965 9,867 5,887 9,162 9,120 8,447 8,477 10,693 8,116

13,149 16,076 17,256 16,387 17,414 22,658 17,983

1,490 1,079 1,231 1,300 1,463 2,243 1,550 5,732 8,075 1,690 920 2,081 1,170 841

135 182 129 21 161 190 229

232 325 251 248 263 244 161

124 Packet Pg. 180


Capital Asset Statistics by Function/Program - Last Ten Fiscal Years

2010 2011 2012

Education and Recreation/Planning and Development

Miles of Trails 196 196 218 Acres of Preserves 18,628 19,140 19,140 Number of Preserves 92 92 92 Number of Picnic Shelters 44 50 52 Number of Parking Lots 147 159 160 Number of Restrooms 69 72 77

OperationsFacilities

Golf Courses 3 3 3 Baseball Stadium 1 1 1 Indoor Soccer Stadium 1 1 1 Indoor Ice Rink 1 1 1 Campgrounds 1 1 1 Other Facilities 6 6 6

Maintenance Vehicles 44 44 44 Mowers 30 30 30

Public SafetyPolice

Area Patrols 2 2 2

Data Source: District Departments


Function/Program

125 Packet Pg. 181

2013 2014 2015 2016 2017 2018 2019

219 223 230 238 239 242 244 19,940 20,541 20,687 20,709 20,846 21,948 22,410

92 96 98 98 99 103 103 56 56 56 57 58 59 60

162 163 166 166 166 166 167 77 77 77 77 77 77 77

3 3 3 3 3 3 3 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 7 6 6 6 6 6 6

44 44 44 44 44 44 44 30 30 30 30 30 30 30

2 2 2 2 2 2 2

126 Packet Pg. 182

STATE OF ILLINOIS ) SS.

COUNTY OF KANE ) RESOLUTION NO.

RESOLUTION AUTHORIZING LAND ACQUISITION OF THE BELOM FARM PROPERTY ADJACENT

TO THE BINNIE FOREST PRESERVE IN RUTLAND TOWNSHIP

WHEREAS, the Forest Preserve District of Kane County, Kane County, Illinois, is

organized and existing under “An Act of the General Assembly of the State of Illinois entitled

“An Act to Provide for the Creation and Management of Forest Preserve Districts” approved

June 27, 1913, as amended; and

WHEREAS, it has been deemed advisable, necessary and in the best interests of said

Forest Preserve District that the Board of Commissioners of Forest Preserve District acquire

additional lands for forest preserve purposes, which said lands, together with all lands

heretofore acquired, will not exceed 55,000 acres; and

NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:

1. That it has been determined that a forest preserve should be laid out,

established, constructed and maintained on certain real property hereinafter

described, said real property being located within the corporate boundaries of

the Forest Preserve District of Kane County, Kane County, Illinois, and that said

forest preserve be used, occupied, improved and developed for forest preserve

purposes in a manner necessary and convenient for public use.

2. It is hereby determined that it is necessary and desirable that the Forest

Preserve District of Kane County, Kane County, Illinois, shall acquire title to or

any interest in and possession of the real property which is described on Exhibit

A attached hereto, and which real property meets the criteria established by the

Forest Preserve District for property to be acquired by it.

3. That the Forest Preserve District of Kane County, Illinois, upon completion of the

conveyance by the grantor does hereby accept the real property described on

Exhibit “A” attached hereto as a gift by the grantor and for no consideration to

be paid by it for same.

4. That the Forest Preserve District of Kane County, Kane County, Illinois does

hereby express its gratitude to the grantor of the real property being conveyed

to it and does hereby acknowledge receipt and acceptance of the gift being

made by the grantor.

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The Board of Commissioners of the Forest Preserve District of Kane County hereby

authorizes the President of the District and the District's attorney, with the consent of

the Forest Preserve Commission of the District, to institute proceedings in any Court of

competent jurisdiction to acquire title to or any interest in and possession of property

for said Forest Preserve District of Kane County, Kane County, Illinois in accordance with

the eminent domain laws of the State of Illinois.

NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Forest

Preserve District of Kane County, Kane County, Illinois that the District be, and hereby is,

authorized to purchase the real estate described in Exhibit A, for not less than the fair market

value of said real estate, under such terms and conditions as may be set forth by the Executive

Committee regarding such sale.

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0201300003

0201300005

02013000070201300009

020130001202013000140201300015

0201300016

0201300016

0201400004

0201400005

0201400006

0201400008

0202400005

0202400006

0202400007

0211200001

0211200003

0211200005

02114000050211425001

0211475001

0212100001

0212100002

0212100003

0212100004

0212200001

0212200003

0212200004

0212200005

0212300002

02123000040212300009

0212300011

0212300014

0212400003

0212400008 0212400009

0212401001

02124010020212401003

02124010040212401005

0212430001

02124300190212430023

0212431009

0212432026

021245100402124520020212452004

02124520050212452006

CrestwoodLn

North

wind

Ln

Edge

wood

Ln

Huntley RdGa

lligan

Rd

Binnie F.P.

Kane County Illinois, GIS-Technologies

LEGENDKane County ParcelsBelom_Acquisition - 100 AcresCreeksWaterForest Preserve 0 390 780 1,170 1,560 1,950

Scale (Feet)

Belom Resolution Map

Date: 11/15/2019

´Packet Pg. 185

STATE OF ILLINOIS ) SS.

COUNTY OF KANE ) RESOLUTION NO.

RESOLUTION AUTHORIZING LAND ACQUISITION OF THE SHAW FARM PROPERTY ADJACENT

TO THE PRAIRIE KAME SAUER FOREST PRESERVE IN BLACKBERRY TOWNSHIP

WHEREAS, the Forest Preserve District of Kane County, Kane County, Illinois, is

organized and existing under “An Act of the General Assembly of the State of Illinois entitled

“An Act to Provide for the Creation and Management of Forest Preserve Districts” approved

June 27, 1913, as amended; and

WHEREAS, it has been deemed advisable, necessary and in the best interests of said

Forest Preserve District that the Board of Commissioners of Forest Preserve District acquire

additional lands for forest preserve purposes, which said lands, together with all lands

heretofore acquired, will not exceed 55,000 acres; and

NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:

1. That it has been determined that a forest preserve should be laid out,

established, constructed and maintained on certain real property hereinafter

described, said real property being located within the corporate boundaries of

the Forest Preserve District of Kane County, Kane County, Illinois, and that said

forest preserve be used, occupied, improved and developed for forest preserve

purposes in a manner necessary and convenient for public use.

2. It is hereby determined that it is necessary and desirable that the Forest

Preserve District of Kane County, Kane County, Illinois, shall acquire title to or

any interest in and possession of the real property which is described on Exhibit

A attached hereto, and which real property meets the criteria established by the

Forest Preserve District for property to be acquired by it.

3. That the Forest Preserve District of Kane County, Illinois, upon completion of the

conveyance by the grantor does hereby accept the real property described on

Exhibit “A” attached hereto as a gift by the grantor and for no consideration to

be paid by it for same.

4. That the Forest Preserve District of Kane County, Kane County, Illinois does

hereby express its gratitude to the grantor of the real property being conveyed

to it and does hereby acknowledge receipt and acceptance of the gift being

made by the grantor.

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The Board of Commissioners of the Forest Preserve District of Kane County hereby

authorizes the President of the District and the District's attorney, with the consent of

the Forest Preserve Commission of the District, to institute proceedings in any Court of

competent jurisdiction to acquire title to or any interest in and possession of property

for said Forest Preserve District of Kane County, Kane County, Illinois in accordance with

the eminent domain laws of the State of Illinois.

NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Forest Preserve District

of Kane County, Kane County, Illinois that the District be, and hereby is, authorized to purchase the

real estate described in Exhibit A, for not less than the fair market value of said real estate, under

such terms and conditions as may be set forth by the Executive Committee regarding such sale.

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HazelCrest Dr

FinleyRd

Loran

g RdHarter Rd

Scott Rd

Lasher Rd

PrairieKame/SauerFamily F.P.

Duffin Drain

130110000275.31 Acres

130120000158.22Acres

130110000310.27Acres

Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/AirbusDS, USDA, USGS, AeroGRID, IGN, and the GIS User Community

LEGENDCreeksKane County ParcelsShaw Trust Parcels - 143.8 AcresForest Preserve

0 500 1,000Scale (Feet)

Shaw Trust PropertyExpansion Resolution Map

Date: 9/24/2019

´Packet Pg. 188

AGENDA MEMORANDUM

Page 1

DATE: December 6, 2019

TO: Forest Preserve District Executive Committee

FROM: Monica Meyers, Executive Director

VIA: Ken Stanish, Chief Financial Officer

SUBJECT: Presentation and Approval of the Second Amendment to the License Agreement with the Fox

Valley Park District for the Use of the Barnes Forest Preserve

PURPOSE:

The purpose of this memorandum is to provide the Committee with information to consider the approval of

the Second Amendment to the License Agreement with the Fox Valley Park District, for the use of the Barnes

Forest Preserve.

BACKGROUND:

In 1999, the District and the Fox Valley Park District entered into a License and Use Agreement for the

development and Use of the Barnes Property. The Park District presented a conceptual development plan to

include an internal trail system to connect to the regional Virgil Gilman Trail, the creation of a maintenance

building, various natural areas enhancements, and an area to be used for pasturing the horses from Blackberry

Farm. Permission was granted to the Park District to demolish the existing structures, restore and use the site,

as well as prepare the site for larger infrastructure improvements.

In 2005, the Park District presented final design plans for the trail system, southern trailhead parking lot, and

maintenance building with parking areas. The agreements were modified and approved.

The Park District has requested an amendment to the agreement to change the use of the “pasture area” to a

community garden location. The Park District no longer has the need to graze horses at this location but

rather to expand their community gardening facilities in this area. The garden will be similar to the operation

the Park District coordinates at Oakhurst Forest Preserve. Participants will utilize the existing access off of

Barnes Road and the parking lots next to the maintenance facility.

All other terms of the 2005 agreement will remain in place. The term of the agreement is for 50 years,

through March 2049.

The District’s legal counsel and insurance provider (PDRMA) have reviewed the agreement.

FINANCIAL IMPACT:

There is no financial impact to the District for this agreement. The Fox Valley Park District is solely responsible

for the coordination and cost of the development, programming, management and policing of the property.

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Forest Preserve District Executive Committee December 6, 2019

Page 2

RECOMMENDATION:

Staff recommends the Committee approve the Second Amendment to the License Agreement with the Fox

Valley Park District for the use of the Barnes Forest Preserve, as presented.

ATTACHMENTS: Second Amendment to the License Agreement with Exhibits A-C 2005 License and Use Agreements

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1

SECOND AMENDMENT TO THE LICENSE AGREEMENT

THIS SECOND AMENDMENT TO THE LICENSE AGREEMENT made this day of December, 2019, by

and between the FOREST PRESERVE DISTRICT OF KANE COUNTY, (FPDKC), an Illinois forest preserve district

(“Licensor”) and the FOX VALLEY PARK DISTRICT, (FVPD), an Illinois park district (“Licensee”).

WITNESSETH:

WHEREAS, Licensor hereby licenses to Licensee certain land described in Exhibits “A” and “B” to that

certain Intergovernmental Agreement of which this License is a part (the “Premises”). The purpose of this

License is to amend that certain prior license agreement between Licensor and Licensee dated April 1999 and

Amended Intergovernmental Agreement Dated June 14, 2005 and License Agreement dated June 14, 2005

(the “Prior License Agreements”) to modify the term thereof and to set forth certain additional obligations of

Licensee undertaken in consideration this amended license and other consideration, intending hereby to

continue to permit Kane County residents under the supervision and control of Licensee to use the Premises

for certain activities; and

WHEREAS, all other terms from the 1999 License Agreement, the 2005 Amended Intergovernmental

Agreement and the 2005 License Agreement shall remain in full force and effect; and

WHEREAS, the parties have agreed that for and in consideration of the performance of certain

conditions, the Premises is currently used by Licensor for the activities described in this License.

WHEREAS, Licensee at this time wishes to modify the use of the “pasture” area to a public community

garden as noted on “Exhibit C”.

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NOW, THEREFORE, for and in consideration of the mutual covenants and obligations contained herein, the parties agree as follows:

1. FPDKC covenants with FVPD that it is the lawful fee simple owner of the aforesaid lands and that it has the right and authority to make this license and permit grant.

2. Licensor shall have and retain all ownership rights and the rights to use and occupation of the Premises except as herein expressly granted.

3. Licensor grants to Licensee the right, license and privilege (“License”) to use and occupy the Premises described in Exhibit “C" attached hereto and made a part hereof for use of the existing maintenance facility and pasture located thereon, for maintaining and harvesting an apple or fruit orchard and tree nursery in the area depicted in Exhibit “C” and for removal of tree stock and plant materials presently located thereon for the period of the original term of the original license agreement. The parties’ intent is that the term of the original license agreement shall provide Licensee with sufficient time to use or relocate existing nursery stock located on the site.

4. Licensee agrees to the following:

a. The Premises covered by this License shall be used solely for the purpose of operating the existing maintenance facility operations, a community garden, a tree nursery, an orchard, and operating a trail (the "Activities"); and

b. The Premises which are being used by Licensee for the Activities shall at all times during the License period be maintained for such purposes by Licensee at its expense; and

c. Licensee will keep such Premises open, with the exception of the maintenance facility operation, for use to the general public and not the exclusive use of a private organization or organizations; and

d. To be responsible for the development, maintenance, operations, public safety and repairs of the Premises; and

e. To be responsible for the maintenance of safe and sanitary conditions of the Premises; and

f. Outside storage of any maintenance equipment and other supplies at the Premises is strictly prohibited; and

g. Licensee, in the maintenance of the Premises, shall comply with any federal, state or local laws regarding the condition of the Premises.

5. Licensee agrees to obtain written approval from the Licensor prior to undertaking specific capital maintenance or renovation of the Premises.

6. Licensee is prohibited from any solicitation on the Premises.

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3

7. The privileges herein granted are subject to the paramount rights of the Licensor, with respect to the balance of the land at the forest preserve in which the Premises is located, and Licensor shall not be liable to Licensee for damage to the property of Licensee due to the installation, operation, maintenance or removal of any present or future facilities of Licensor on its property subject to the rights of this License.

8. This license shall not in any manner or to any extent limit or restrict the right of the Licensor to grant additional licenses or rights over, along, under and across the Premises herein for other purposes, subject to the rights of this license including the Licensee’s exclusive use and possession of the Premises during its scheduled activities.

9. Licensor shall have the right to perform inspections of facilities and grounds with a 30-day notice. Notice of required maintenance or improvements to facilities and/or grounds with reasonable deadlines for compliance will be provided to the Licensee in writing.

10. Licensee covenants and agrees that it will not permit or suffer any lien to be put upon or arise or accrue against said Premises in favor of any person or persons, individual or corporate, furnishing either labor or material in any work herein proposed, and Licensee further covenants and agrees to hold Licensor and said Premises free from any and all liens or rights or claims of lien which may or might arise or accrue under or be based upon any mechanic’s lien law, so called, of the State of Illinois, now in force or hereafter to be enacted. All contracts and agreements that may be made by Licensee relating to any work herein proposed, shall expressly state that the interest of Licensor in and to said Premises shall be wholly free from and not subject to any lien or claim of any contractor, subcontractor, mechanic, material man or laborer, whether based upon any law or regulation of the State of Illinois, or any other authority, now in force or hereafter to be enacted, and Licensee also hereby covenants and agrees that it will not enter into any contract for such work which shall not in express terms contain the aforesaid provision.

11. Licensee agrees to purchase and maintain during the term of this License or any extension thereof, at Licensee’s cost, a policy or policies of insurance issued by good and responsible insurance companies and in a form satisfactory to Licensor as follows:

A. Worker’s Compensation Insurance Policy:

1) Coverage A: To pay promptly when due all compensation and other benefits required of the insured by the worker’s compensation law.

2) Coverage B: Employers Liability - To pay on behalf of the insured with limits not less than $75,000 each accident/occurrence all sums which the insured shall become legally obligated to pay as damages because of bodily injury by accident or disease, including death at any time resulting therefrom.

3) Coverage A and Coverage B will cover all contractors, subcontractors and their subcontractors;

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B. Comprehensive General Liability Policy or Policies covering all contractors, subcontractors, and all their subcontractors with limits not less than the combined single limit of $1,000,000 for bodily injuries to or death of one or more persons and/or property damage sustained by one or more organizations as a result of any one occurrence, which policy or policies shall not exclude property of Licensor. Licensor shall be added as a Named Additional Insured under such policy or policies. Bodily injury means bodily injury, death, sickness, or disease sustained by any person which occurs during the polity period, including death, at any time resulting therefrom. Property damage means (1) physical injury to or destruction of tangible property which occurs during the policy period, including loss of the use thereof at any time resulting therefrom, or (2) loss of use of tangible property which has not been physically injured or destroyed provided such loss of use is caused by an occurrence during the policy period.

There shall be furnished to Licensor each year a Certificate of Insurance issued pursuant to the requirements contained in subparagraphs (1) and (2) of this paragraph ELEVENTH. Insurance coverage as required herein in subparagraphs (1) and (2) shall be kept in force during the term of this license. On all policies of insurance, Licensor shall be listed as a named additional insured.

12. No waiver by Licensor or any breach or a series of breaches of this License shall constitute a waive of any subsequent breach or waiver of the terms of this License.

13. If either party institutes any action at law or in equity against the other party to secure or protect its rights under or to enforce the terms of this License, in addition to any judgment entered in its favor, the prevailing party shall be entitled to recover such reasonable attorneys’ fees as may be allowed by the court, together with court costs and reasonable expenses of litigation.

14. Licensee (its volunteers, agents, representatives, employees and contractors agree to pay for the cost of and hold FPDKC harmless from any and all losses of or damages to property, including environmental and economic losses, or injuries to or death of any person resulting from Licensee’s activity or use on the Premises, or any property affected by such activity or use by Licensee, its employees, volunteers, contractors, affiliates, subsidiaries or successors. Licensee shall indemnify and save harmless Licensor, its officers and employees, from all claims, litigation and liability asserted against them or any of them, and any costs and attorney’s fees incidental thereto, arising from Licensee’s action or inaction which results in injury to or death of any person or persons whomsoever, or damage to any property, caused by, connected with, or in any way attributable to, the rights herein granted or Licensee’s failure to comply with any of the terms or conditions hereof. Licensee shall pay for the defense of Licensor, its officers and employees in any such litigation, with Licensor having the right to designate its own local counsel.

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5

15. NOTICE. Any notice required or permitted herein shall be in writing and delivered personally or by U.S. mail to the address or addresses or persons set forth below:

If to Licensor (FPDKC): Ms. Monica Meyers, Executive Director Forest Preserve District of Kane County 1996 South Kirk Road Suite 320 Geneva, Illinois 60134

If to Licensee (FVPD): Mr. James Pilmer, Executive Director Fox Valley Park District 101 West Illinois Avenue Aurora, Il 60506

16. All references in this License to the singular shall include the plural where applicable, and all reference to the masculine shall include the feminine and vice versa. If either reference shall be declared invalid, such decision shall not affect the validity of any remaining portion which shall remain in full force and effect.

17. Licensee shall have no authority, express or implied, to act as agent of Licensor for any purpose. Licensee shall remain an independent contractor responsible for all obligations and liabilities of, and for all losses or damage to, the Premises, including any person equipment or fixtures connected therewith and for all claims or demands based on damage or destruction of property or based on injury, illness or death of any person or persons, directly or indirectly, resulting from the use of the Premises.

18. This Agreement is not assignable or transferable. Both parties reserve the right to void this agreement with a 90-day written notice.

19. Licensee shall pay all costs of this transaction, including recording fees, any tax, fee levy or cost associated with this transaction or any use contemplated by such transaction now or in the future.

20. This License Agreement is subject to the terms and conditions of the original deed of conveyance of the property and all other conditions, covenants and restrictions of record, each as disclosed by each party to the other party.

21. The parties acknowledge and agree that the ordinances, regulations and rules adopted by each party shall apply with equal force and effect to the Premises and may be mutually enforced by each party on the Premises during the term hereof with respect to third party users or visitors at the Premises or adjoining property of either party. In the event of a conflict between the ordinances, regulations or rules as adopted by each party, the ordinances, regulations, or rules adopted by FVPD shall apply with primary effect while this Use Permit and License Agreement remains in effect. Notwithstanding the foregoing, to the extent the parties hereto have an

Packet Pg. 195

intergovernmental agreement in effect between them relating to policing of licensed properties, that agreement shall control.

22. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

IN WITNESS WHEREOF, each of the parties hereto has caused this License Agreement to be executed

by its duly authorized representative as of the day and year first above written.

FOREST PRESERVE DISTRICT OF KANE COUNTY FOX VALLEY PARK DISTRICT

By:_____________________________ By:_______________________________ Michael J. Kenyon, President Its President

ATTEST: ATTEST:

________________________________ __________________________________ Secretary Secretary

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Fox Valley Park District West

Maintenance Facility

•

Exhibit C NORTH

imate limits ity Garden A

erserve

•

•

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Budget Amended Current Month YTD YTD Budget - YTD % Used/

Amendments Budget Transactions Encumbrances Transactions Transactions Rec'd Prior Year Total

.00 6,775,136.00 1,177,292.91 .00 6,692,953.67 82,182.33 99 6,548,337.10

.00 241,000.00 77,052.86 .00 126,636.52 114,363.48 53 274,737.94

.00 235,000.00 20,952.56 .00 78,886.52 156,113.48 34 233,077.65

.00 .00 126.55 .00 3,548.03 (3,548.03) +++ 1,403.85

.00 .00 2,318.06 .00 19,233.74 (19,233.74) +++ 45,532.23

.00 .00 .00 .00 .00 .00 +++ 4,897.60

.00 130,000.00 17,785.00 .00 91,979.00 38,021.00 71 123,338.00

.00 42,000.00 2,674.64 .00 22,571.32 19,428.68 54 67,531.41

.00 18,000.00 1,017.00 .00 2,837.00 15,163.00 16 12,059.00

.00 68,000.00 5,000.00 .00 23,180.00 44,820.00 34 66,880.00

.00 7,500.00 450.00 .00 3,350.00 4,150.00 45 4,700.00

.00 75,000.00 37,500.00 .00 37,500.00 37,500.00 50 70,000.00

.00 220,000.00 27,026.00 .00 152,507.00 67,493.00 69 224,693.48

.00 1,026,000.00 .00 .00 123,370.87 902,629.13 12 982,163.18

.00 40,000.00 1,690.00 .00 12,460.00 27,540.00 31 40,415.00

.00 330,000.00 82,684.78 .00 82,684.78 247,315.22 25 333,743.53

.00 18,000.00 575.00 .00 7,680.06 10,319.94 43 14,000.94

.00 17,000.00 1,830.00 .00 5,723.75 11,276.25 34 16,766.75

.00 34,000.00 3,200.00 .00 21,057.50 12,942.50 62 32,390.00

.00 375,629.00 30,613.58 .00 122,454.32 253,174.68 33 364,687.98

.00 40,000.00 46.80 .00 349.80 39,650.20 1 78,025.47

.00 15,000.00 610.00 .00 6,669.12 8,330.88 44 11,231.18

.00 .00 .00 .00 .00 .00 +++ 20,035.00

$0.00 $9,707,265.00 $1,490,445.74 $0.00 $7,637,633.00 $2,069,632.00 79% $9,570,647.29

.00 4,594,970.00 347,714.34 .00 1,213,870.95 3,381,099.05 26 4,288,714.96

.00 516,935.00 32,083.81 .00 176,338.19 340,596.81 34 485,369.70

.00 28,294.00 1,741.23 .00 6,691.42 21,602.58 24 36,832.89

.00 .00 .00 .00 .00 .00 +++ 462.50

.00 9,100.00 630.00 .00 2,460.00 6,640.00 27 8,100.00

.00 9,000.00 750.00 .00 3,000.00 6,000.00 33 9,000.004051 Vehicle Allowance 9,000.00

4020 Special Detail .00

4050 Per Diem 9,100.00

4002 Part-Time Salaries 516,935.00

4010 Overtime 28,294.00

REVENUE TOTALS $9,707,265.00

EXPENSE

4001 Full Time Salaries 4,594,970.00

3080 Police Fines 15,000.00

3092 Change in Terminal Reserve .00

3065 FVIA - License Fee 375,629.00

3070 Sale of Material 40,000.00

3061 Reservations - Brewster Creek 17,000.00

3062 Reservations - Creekbend 34,000.00

3053 Golf Courses 330,000.00

3060 Nature Center Programs 18,000.00

3051 Rentals- Agriculture 1,026,000.00

3052 Shelter Reservations 40,000.00

3048 Rental- Strikers Club 75,000.00

3050 Camping - North 220,000.00

3044 Rentals- Properties 68,000.00

3045 Rentals - Japanese Gardens 7,500.00

3041 Miscellaneous Income 42,000.00

3042 Special Events 18,000.00

3031 Local Grants .00

3039 Camping - South 130,000.00

3021 Adjustment to Accrued Income .00

3022 Schwab Gain/ (Loss) on Investment .00

3010 State Replacement Tax 241,000.00

3020 Investment Income/(Loss) 235,000.00

Fund 01 - General Fund

REVENUE

3001 General Property Tax 6,775,136.00

Budget Performance ReportFiscal Year to Date 10/31/19

Include Rollup Account and Rollup to Account

Adopted

Account Account Description Budget

Run by David Petschke on 11/26/2019 03:14:21 PM Page 1 of 8Packet Pg. 208



.00 34,550.00 830.92 .00 5,854.70 28,695.30 17 37,078.70

.00 29,000.00 23,600.00 .00 23,600.00 5,400.00 81 28,300.00

.00 95,750.00 .00 .00 21,000.00 74,750.00 22 93,750.00

.00 80,000.00 4,809.26 6,391.25 19,096.88 54,511.87 32 86,635.07

.00 3,000.00 .00 .00 .00 3,000.00 0 2,265.75

.00 1,500.00 144.90 .00 402.50 1,097.50 27 916.55

.00 15,000.00 960.00 .00 3,989.60 11,010.40 27 500.00

.00 120,000.00 9,283.00 .00 46,479.03 73,520.97 39 123,421.65

.00 758,570.00 59,799.11 .00 236,585.26 521,984.74 31 692,522.66

.00 750.00 (278.95) .00 470.93 279.07 63 609.81

.00 90,438.00 8,844.58 .00 25,350.16 65,087.84 28 66,339.97

.00 102,500.00 2,327.02 .00 32,634.28 69,865.72 32 111,961.03

.00 14,200.00 659.67 .00 1,537.86 12,662.14 11 14,200.35

.00 6,500.00 .00 .00 1,000.00 5,500.00 15 4,637.50

.00 4,700.00 938.82 .00 2,186.85 2,513.15 47 4,377.88

.00 35,740.00 .00 .00 35,740.00 .00 100 34,038.00

.00 14,330.00 1,884.00 .00 6,552.40 7,777.60 46 14,118.28

.00 35,839.00 3,778.60 .00 6,453.95 29,385.05 18 33,155.61

.00 2,000.00 .00 .00 .00 2,000.00 0 990.02

.00 14,100.00 287.75 .00 1,690.91 12,409.09 12 19,731.61

.00 700.00 .00 .00 .00 700.00 0 700.00

.00 11,500.00 76.98 .00 3,038.12 8,461.88 26 10,910.33

.00 6,768.00 .00 .00 .00 6,768.00 0 6,874.82

.00 3,800.00 .00 .00 (31.39) 3,831.39 -1 5,759.72

.00 13,400.00 609.16 .00 1,564.08 11,835.92 12 11,025.80

.00 16,496.00 1,049.42 .00 3,437.99 13,058.01 21 15,980.36

.00 11,000.00 1,354.44 .00 4,414.78 6,585.22 40 11,667.44

.00 133,200.00 7,650.30 .00 30,147.05 103,052.95 23 120,534.57

.00 18,500.00 .00 .00 .00 18,500.00 0 4,188.71

.00 38,000.00 769.98 .00 12,881.65 25,118.35 34 30,447.64

.00 140,000.00 .00 .00 .00 140,000.00 0 83,769.47

.00 8,000.00 1,381.94 .00 5,301.44 2,698.56 66 8,311.98

.00 14,000.00 65.00 .00 792.16 13,207.84 6 14,778.14

.00 11,000.00 50.00 .00 150.00 10,850.00 1 5,076.60

.00 21,350.00 3,078.42 .00 3,403.37 17,946.63 16 26,521.63

6060 Police Supplies 11,000.00

6070 Uniforms 21,350.00

6038 Herbicide 8,000.00

6045 Horticultural Supplies 14,000.00

6033 Natural Resources Studies/Projects 38,000.00

6035 Native Seed & Plants 140,000.00

6030 Field Supplies 133,200.00

6031 De-Icing Salt 18,500.00

6015 Supplies 16,496.00

6020 Nature Center Supplies 11,000.00

5245 Wellness & Coaching 3,800.00

6010 Office Supplies 13,400.00

5240 Employee Recognition 11,500.00

5241 Recognition 6,768.00

5230 Employee Recruitment 14,100.00

5231 Recruitment 700.00

5210 Safety & Training 35,839.00

5220 Tuition Reimbursement 2,000.00

5195 Dispatch Services 35,740.00

5200 Association Dues 14,330.00

5180 Consulting Services 6,500.00

5181 Banking Services 4,700.00

5140 Electricity & Water 102,500.00

5150 Gas 14,200.00

5101 Insurance- Retirees 750.00

5130 Telephone 90,438.00

5080 Legal Fees 120,000.00

5090 Insurance-Employees 758,570.00

5050 Publication-Legal Notices 1,500.00

5070 Professional Fees 15,000.00

5030 Public Relations 80,000.00

5031 Bench & Tree Program 3,000.00

5010 Audit Management Services 29,000.00

5020 Organization Support 95,750.00

5001 Conferences & Meetings 34,550.00




.00 4,900.00 556.43 .00 1,546.02 3,353.98 32 5,520.73

.00 320,050.00 18,080.51 51,123.85 70,027.40 198,898.75 38 275,663.94

.00 105,500.00 7,842.90 .00 20,595.17 84,904.83 20 89,440.97

.00 25,000.00 490.99 .00 1,968.10 23,031.90 8 26,151.94

.00 15,000.00 18,565.94 .00 20,983.74 (5,983.74) 140 3,561.09

.00 75,000.00 1,714.55 .00 18,795.67 56,204.33 25 73,859.50

.00 5,500.00 371.81 .00 1,556.48 3,943.52 28 4,769.91

.00 10,000.00 99.84 .00 1,446.02 8,553.98 14 26,880.91

.00 6,000.00 .00 .00 1,041.20 4,958.80 17 7,038.53

.00 82,784.00 .00 .00 27,583.33 55,200.67 33 82,713.90

.00 3,000.00 153.98 .00 1,203.73 1,796.27 40 1,943.27

.00 5,100.00 440.37 .00 990.41 4,109.59 19 8,314.38

.00 147,700.00 9,826.74 .00 52,296.28 95,403.72 35 158,335.01

.00 500.00 .00 .00 .00 500.00 0 4,946.93

.00 213,468.00 .00 43,217.00 .00 170,251.00 20 543,158.97

.00 158,087.00 14,176.72 64,702.89 35,112.83 58,271.28 63 168,546.66

.00 .00 .00 6,287.20 .00 (6,287.20) +++ 51,845.92

.00 100,000.00 .00 .00 .00 100,000.00 0 80,315.00

.00 140,000.00 1,440.00 523.84 5,932.60 133,543.56 5 155,871.90

.00 25,000.00 1,225.00 .00 4,900.00 20,100.00 20 .00

.00 50,000.00 .00 .00 .00 50,000.00 0 50,000.00

.00 116,444.00 .00 .00 20,492.25 95,951.75 18 17,000.00

.00 .00 .00 .00 .00 .00 +++ 25,967.64

.00 1,033,752.00 .00 .00 .00 1,033,752.00 0 742,394.50

$0.00 $9,707,265.00 $591,859.48 $172,246.03 $2,224,556.35 $7,310,462.62 25% $9,158,819.30

.00 9,707,265.00 1,490,445.74 .00 7,637,633.00 2,069,632.00 79% 9,570,647.29

.00 9,707,265.00 591,859.48 172,246.03 2,224,556.35 7,310,462.62 25% 9,158,819.30

$0.00 $0.00 $898,586.26 ($172,246.03) $5,413,076.65 ($5,240,830.62) $411,827.99

.00 10,000.00 1,742.67 .00 9,903.07 96.93 99 10,073.32

.00 2,300.00 732.34 .00 1,203.60 1,096.40 52 2,657.30

.00 3,500.00 143.91 .00 929.54 2,570.46 27 2,168.72



Fund 02 - IL Municipal Retirement Fund

REVENUE

3001 General Property Tax 10,000.00

REVENUE TOTALS 9,707,265.00

EXPENSE TOTALS 9,707,265.00

Fund 01 - General Fund Totals $0.00

EXPENSE TOTALS $9,707,265.00

Fund 01 - General Fund Totals

8030 Miscellaneous Fees .00

8070 Interfund Transfers 1,033,752.00

8001 County of Kane Service 50,000.00

8010 Contingencies 116,444.00

7064 Weed Management 140,000.00

7066 Donated Lands Management 25,000.00

7062 Reforestation Program .00

7063 Tree & Brush Thinning 100,000.00

7010 Automotive Equipment 213,468.00

7020 Machinery & Equipment 158,087.00

6130 Fuel-Vehicles 147,700.00

7001 Office Equipment 500.00

6119 Tools- Mechanic 3,000.00

6120 Fuel-Heating 5,100.00

6117 Tools - Tradesmen 6,000.00

6118 Information Technology 82,784.00

6115 Rental Equipment 5,500.00

6116 Sign Shop Materials 10,000.00

6106 Historic Structures Maintenance 15,000.00

6110 Repair & Maint Equipment 75,000.00

6100 Repair & Maint Vehicles 105,500.00

6105 Rental Properties Maintenance 25,000.00

6080 Mileage 4,900.00

6090 Repair & Maint Bldg & Grd 320,050.00




.00 398,700.00 .00 .00 .00 398,700.00 0 288,878.52

$0.00 $414,500.00 $2,618.92 $0.00 $12,036.21 $402,463.79 3% $303,777.86

.00 414,500.00 28,275.94 .00 115,347.24 299,152.76 28 392,834.90

.00 .00 .00 .00 .00 .00 +++ 847.74

$0.00 $414,500.00 $28,275.94 $0.00 $115,347.24 $299,152.76 28% $393,682.64

.00 414,500.00 2,618.92 .00 12,036.21 402,463.79 3% 303,777.86

.00 414,500.00 28,275.94 .00 115,347.24 299,152.76 28% 393,682.64

$0.00 $0.00 ($25,657.02) $0.00 ($103,311.03) $103,311.03 ($89,904.78)

.00 112,000.00 19,524.95 .00 110,998.14 1,001.86 99 112,031.63

.00 315,000.00 31,944.80 .00 137,115.88 177,884.12 44 397,011.83

.00 2,234,368.00 .00 .00 200,000.00 2,034,368.00 9 97,462.58

.00 .00 .00 .00 .00 .00 +++ 3,296.72

.00 .00 500,000.00 .00 500,000.00 (500,000.00) +++ .00

.00 .00 500.00 .00 500.00 (500.00) +++ 50,000.00

.00 500,000.00 .00 .00 109,795.85 390,204.15 22 562,348.63

$0.00 $3,161,368.00 $551,969.75 $0.00 $1,058,409.87 $2,102,958.13 33% $1,222,151.39

.00 65,000.00 3,500.00 598,004.41 3,920.00 (536,924.41) 926 277,954.67

.00 425,792.00 .00 .00 .00 425,792.00 0 102,624.90

.00 52,064.00 .00 .00 .00 52,064.00 0 .00

.00 1,659,659.00 .00 1,185,573.43 4,758.31 469,327.26 72 80,841.39

.00 13,445,108.00 24,907.42 535,237.64 230,362.25 12,679,508.11 6 722,382.36

.00 1,500,000.00 .00 .00 .00 1,500,000.00 0 .00

.00 602,052.00 21,628.75 37,210.00 46,703.75 518,138.25 14 268,958.39

.00 .00 .00 .00 .00 .00 +++ 18,196.85

.00 50,000.00 .00 .00 .00 50,000.00 0 100,000.00

$0.00 $17,799,675.00 $50,036.17 $2,356,025.48 $285,744.31 $15,157,905.21 15% $1,570,958.56

.00 3,161,368.00 551,969.75 .00 1,058,409.87 2,102,958.13 33% 1,222,151.39REVENUE TOTALS 3,161,368.00


Fund 03 - Construction & Development Fund Totals


8070 Interfund Transfers 50,000.00

7052 Aurora Bridge Project 1,500,000.00

7060 Restoration 602,052.00

7040 Fox River Trust 1,659,659.00

7050 Land Area Development 13,445,108.00

5072 Trail Resurfacing 425,792.00

6095 ADA Projects 52,064.00


EXPENSE


3041 Miscellaneous Income .00

3051 Rentals- Agriculture 500,000.00

3031 Local Grants .00

3040 General Refunds .00


3030 Federal & State Grants 2,234,368.00

REVENUE


EXPENSE TOTALS 414,500.00

Fund 02 - IL Municipal Retirement Fund Totals $0.00

Fund 03 - Construction & Development Fund

Fund 02 - IL Municipal Retirement Fund Totals

REVENUE TOTALS 414,500.00


EXPENSE TOTALS $414,500.00

EXPENSE

8020 I.M.R.F. 414,500.00


REVENUE TOTALS $414,500.00




.00 17,799,675.00 50,036.17 2,356,025.48 285,744.31 15,157,905.21 15% 1,570,958.56

$0.00 ($14,638,307.00) $501,933.58 ($2,356,025.48) $772,665.56 ($13,054,947.08) ($348,807.17)

.00 16,099,366.00 2,794,874.67 .00 15,888,933.10 210,432.90 99 15,884,669.03

.00 1,500.00 480.35 .00 789.46 710.54 53 1,726.16

.00 245,000.00 28,284.87 .00 89,820.80 155,179.20 37 195,096.19

.00 .00 .00 .00 .00 .00 +++ 4,100.31

.00 .00 .00 .00 .00 .00 +++ 6,083.96

$0.00 $16,345,866.00 $2,823,639.89 $0.00 $15,979,543.36 $366,322.64 98% $16,091,675.65

.00 35,000.00 700.00 .00 2,252.50 32,747.50 6 38,224.70

.00 10,715,000.00 .00 .00 .00 10,715,000.00 0 9,685,000.00

.00 5,018,292.00 .00 .00 .00 5,018,292.00 0 5,421,516.28

$0.00 $15,768,292.00 $700.00 $0.00 $2,252.50 $15,766,039.50 0% $15,144,740.98

.00 16,345,866.00 2,823,639.89 .00 15,979,543.36 366,322.64 98% 16,091,675.65

.00 15,768,292.00 700.00 .00 2,252.50 15,766,039.50 0% 15,144,740.98

$0.00 $577,574.00 $2,822,939.89 $0.00 $15,977,290.86 ($15,399,716.86) $946,934.67

.00 240,000.00 37,626.34 .00 166,192.45 73,807.55 69 528,952.97

.00 .00 .00 .00 178,752.68 (178,752.68) +++ 224,658.06

$0.00 $240,000.00 $37,626.34 $0.00 $344,945.13 ($104,945.13) 144% $753,611.03

.00 15,000.00 .00 .00 .00 15,000.00 0 14,945.00

.00 30,000.00 .00 .00 1,200.00 28,800.00 4 29,149.85

.00 20,000,000.00 .00 .00 24,184.43 19,975,815.57 0 7,396,300.89

.00 .00 .00 .00 .00 .00 +++ 5,714.33

$0.00 $20,045,000.00 $0.00 $0.00 $25,384.43 $20,019,615.57 0% $7,446,110.07

.00 240,000.00 37,626.34 .00 344,945.13 (104,945.13) 144% 753,611.03

.00 20,045,000.00 .00 .00 25,384.43 20,019,615.57 0% 7,446,110.07EXPENSE TOTALS 20,045,000.00

Fund 05 - Land Acquistion Fund Totals




5190 Surveys & Appraisals 30,000.00

7080 Land Acquistion 20,000,000.00

EXPENSE

5180 Consulting Services 15,000.00



Fund 05 - Land Acquistion Fund

REVENUE




Fund 04 - Debt Service Fund Totals $577,574.00


Fund 04 - Debt Service Fund Totals

8040 Bond Expense 10,715,000.00

8050 Interest Expense 5,018,292.00


EXPENSE

8030 Miscellaneous Fees 35,000.00

3023 County Managed Funds Gain/(Loss) on Investment .00

3024 County Managed Funds Adjustment to Accrued Income .00



Fund 04 - Debt Service Fund

REVENUE

3001 General Property Tax 16,099,366.00


Fund 03 - Construction & Development Fund Totals ($14,638,307.00)




$0.00 ($19,805,000.00) $37,626.34 $0.00 $319,560.70 ($20,124,560.70) ($6,692,499.04)

.00 10,000.00 1,742.67 .00 9,903.07 96.93 99 10,073.32

.00 4,200.00 206.14 .00 894.64 3,305.36 21 3,210.77

.00 .00 .00 .00 .00 .00 +++ 1,500.00

.00 254,942.00 .00 .00 .00 254,942.00 0 152,304.50

$0.00 $269,142.00 $1,948.81 $0.00 $10,797.71 $258,344.29 4% $167,088.59

.00 117,162.00 .00 .00 .00 117,162.00 0 117,855.06

.00 132,480.00 .00 .00 .00 132,480.00 0 127,852.80

.00 19,500.00 306.44 .00 2,423.92 17,076.08 12 15,378.12

.00 .00 .00 .00 .00 .00 +++ 2,101.17

$0.00 $269,142.00 $306.44 $0.00 $2,423.92 $266,718.08 1% $263,187.15

.00 269,142.00 1,948.81 .00 10,797.71 258,344.29 4% 167,088.59

.00 269,142.00 306.44 .00 2,423.92 266,718.08 1% 263,187.15

$0.00 $0.00 $1,642.37 $0.00 $8,373.79 ($8,373.79) ($96,098.56)

.00 65,000.00 6,855.81 .00 24,302.39 40,697.61 37 73,528.61

.00 .00 126.56 .00 3,548.03 (3,548.03) +++ 1,403.86

.00 .00 2,318.06 .00 19,233.76 (19,233.76) +++ 45,532.23

.00 25,000.00 .00 .00 .00 25,000.00 0 40,000.00

.00 700,000.00 175,000.00 .00 175,000.00 525,000.00 25 125,000.00

.00 .00 .00 .00 .00 .00 +++ 82,570.00

$0.00 $790,000.00 $184,300.43 $0.00 $222,084.18 $567,915.82 28% $368,034.70

.00 3,200.00 798.00 .00 1,586.00 1,614.00 50 3,055.50

.00 719,000.00 .00 .00 .00 719,000.00 0 721,378.77

.00 .00 .00 .00 .00 .00 +++ 7,911.03

.00 485,000.00 .00 .00 .00 485,000.00 0 .00

.00 119,183.00 .00 .00 .00 119,183.00 0 128,386.50

.00 24,412.00 .00 .00 .00 24,412.00 0 24,411.838075 Amortization Expense 24,412.00

8040 Bond Expense 485,000.00

8050 Interest Expense 119,183.00

7090 Depreciation 719,000.00


EXPENSE

5181 Banking Services 3,200.00

3300 Developer Contribution .00


3041 Miscellaneous Income 25,000.00

3054 Baseball Income 700,000.00

3021 Adjustment to Accrued Income .00

3022 Schwab Gain/ (Loss) on Investment .00

REVENUE



Fund 06 - Insurance Liability Fund Totals $0.00

Fund 07 - Events & Cultural Fund

Fund 06 - Insurance Liability Fund Totals




5110 Worker's Compensation 132,480.00

5120 Unemployment Compensation 19,500.00

EXPENSE

5100 Insurance-General 117,162.00





REVENUE


Fund 05 - Land Acquistion Fund Totals ($19,805,000.00)

Fund 06 - Insurance Liability Fund




$0.00 $1,350,795.00 $798.00 $0.00 $1,586.00 $1,349,209.00 0% $885,143.63

.00 790,000.00 184,300.43 .00 222,084.18 567,915.82 28% 368,034.70

.00 1,350,795.00 798.00 .00 1,586.00 1,349,209.00 0% 885,143.63

$0.00 ($560,795.00) $183,502.43 $0.00 $220,498.18 ($781,293.18) ($517,108.93)

.00 10,000.00 1,742.67 .00 9,903.07 96.93 99 10,073.32

.00 1,500.00 480.35 .00 789.46 710.54 53 1,726.16

.00 2,300.00 98.23 .00 730.31 1,569.69 32 1,525.66

.00 380,110.00 .00 .00 .00 380,110.00 0 301,211.48

$0.00 $393,910.00 $2,321.25 $0.00 $11,422.84 $382,487.16 3% $314,536.62

.00 .00 .00 .00 .00 .00 +++ 913.24

.00 393,910.00 27,140.09 .00 120,010.45 273,899.55 30 348,767.73

$0.00 $393,910.00 $27,140.09 $0.00 $120,010.45 $273,899.55 30% $349,680.97

.00 393,910.00 2,321.25 .00 11,422.84 382,487.16 3% 314,536.62

.00 393,910.00 27,140.09 .00 120,010.45 273,899.55 30% 349,680.97

$0.00 $0.00 ($24,818.84) $0.00 ($108,587.61) $108,587.61 ($35,144.35)

.00 .00 114.94 .00 543.97 (543.97) +++ 530.74

.00 50,000.00 .00 .00 .00 50,000.00 0 100,000.00

$0.00 $50,000.00 $114.94 $0.00 $543.97 $49,456.03 1% $100,530.74

.00 150,000.00 4,016.34 81,034.17 4,765.34 64,200.49 57 26,443.45

$0.00 $150,000.00 $4,016.34 $81,034.17 $4,765.34 $64,200.49 57% $26,443.45

.00 50,000.00 114.94 .00 543.97 49,456.03 1% 100,530.74

.00 150,000.00 4,016.34 81,034.17 4,765.34 64,200.49 57% 26,443.45

$0.00 ($100,000.00) ($3,901.40) ($81,034.17) ($4,221.37) ($14,744.46) $74,087.29



Fund 11 - Mitigation Totals ($100,000.00)


Fund 11 - Mitigation Totals

EXPENSE




REVENUE

3020 Investment Income/(Loss) .00


Fund 08 - Social Security Fund Totals $0.00

Fund 11 - Mitigation

Fund 08 - Social Security Fund Totals


8060 Social Security Tax 393,910.00


EXPENSE






REVENUE



Fund 07 - Events & Cultural Fund Totals ($560,795.00)

Fund 08 - Social Security Fund

Fund 07 - Events & Cultural Fund Totals






.00 .00 .00 .00 .00 .00 +++ 1,963.54

.00 .00 .00 .00 101.00 (101.00) +++ 3,305.22

.00 .00 .00 .00 140.00 (140.00) +++ 3,135.00

.00 .00 .00 .00 .00 .00 +++ 7,900.00

.00 .00 .00 .00 .00 .00 +++ 110.00

$0.00 $0.00 $0.00 $0.00 $241.00 ($241.00) +++ $14,450.22

$0.00 $0.00 $0.00 $0.00 $241.00 ($241.00) +++ $16,413.76

.00 .00 .00 .00 .00 .00 +++ 8,221.46

.00 .00 .00 .00 .00 .00 +++ 6,000.00

.00 .00 .00 .00 .00 .00 +++ 300.00

.00 .00 .00 .00 .85 (.85) +++ 238.28

.00 .00 .00 .00 .00 .00 +++ 13.00

$0.00 $0.00 $0.00 $0.00 $0.85 ($0.85) +++ $14,772.74

.00 .00 .00 .00 241.00 (241.00) +++ 16,413.76

.00 .00 .00 .00 .85 (.85) +++ 14,772.74

$0.00 $0.00 $0.00 $0.00 $240.15 ($240.15) $1,641.02

Grand Totals

.00 31,372,051.00 5,094,986.07 .00 25,277,657.27 6,094,393.73 81% 28,908,467.63

.00 65,898,579.00 703,132.46 2,609,305.68 2,782,071.39 60,507,201.93 8% 35,253,539.49

Grand Totals $0.00 ($34,526,528.00) $4,391,853.61 ($2,609,305.68) $22,495,585.88 ($54,412,808.20) ($6,345,071.86)($34,526,528.00)



REVENUE TOTALS .00

EXPENSE TOTALS .00

Fund 98 - Kane Forest Preserve Foundation Totals $0.00

EXPENSE TOTALS $0.00

Fund 98 - Kane Forest Preserve Foundation Totals

5181 Banking Services .00


5020 Organization Support .00

5030 Public Relations .00

REVENUE TOTALS $0.00

EXPENSE

5001 Conferences & Meetings .00

3042 004 Natural Areas Improvements .00

3042 - Totals $0.00

3042 001 Blanding's Turtle Donations .00

3042 002 GRN Conference .00

3042

3042 Special Events .00

Fund 98 - Kane Forest Preserve Foundation

REVENUE



Cash & Investment Balance by Fund:

01- General

Fund

02- IMRF

Fund

03- Construction &

Development Fund

04- Debt Service

Fund

05- Land

Acquisition Fund

06- Insurance

Liability Fund

07- Events &

Cultural Fund

08- Social Security

Fund

11- Mitigation

Fund

Total Cash

& Investments

Cash 11,211,138.04 87,473.72 11,311,107.12 18,640,142.98 2,370,420.53 125,296.52 1,622,864.93 59,710.76 69,865.92 45,498,020.52

Sawyer Falduto Investments 2,133,802.04 - - - - - 2,133,802.05 - - 4,267,604.09

County Managed Investments - - - 387,263.18 - - - - - 387,263.18

2017A Referendum Non-Taxable - - 7,303,493.66 - 12,807,030.59 - - - - 20,110,524.25

2017B Referendum Taxable - - - - 6,511,822.74 - - - - 6,511,822.74

Total Cash & Investments 13,344,940.08 87,473.72 18,614,600.78 19,027,406.16 21,689,273.86 125,296.52 3,756,666.98 59,710.76 69,865.92 76,775,234.78

Less Restrictions on Cash:

Golf Vision's Escrow Payable (100,000.00) - - - - - - - - (100,000.00)

Sawyer Falduto Investments (2,133,802.04) - - - - - (2,133,802.05) - - (4,267,604.09)

Restricted Aurora Pedestrian Bridge - - (1,650,000.00) - - - - - - (1,650,000.00)

Fabyan Causeway Grant Revenue - - (425,018.52) - - - - - - (425,018.52)

Carpentersville Dam Grant Revenue - - (500,000.00) - - - - - - (500,000.00)

Available Funds 11,111,138.04 87,473.72 16,039,582.26 19,027,406.16 21,689,273.86 125,296.52 1,622,864.93 59,710.76 69,865.92 69,832,612.17

Cash & Investment Report

Period Ending 10/31/2019


Packet Pg. 216

BREAKDOWN BY BANK:Per Bank Recs

IMET Pooled Cash XX-101 10,121,284.93

First American Pooled Cash 1,089,853.11

Sawyer Falduto Investments 2,133,802.04

County Managed Funds -

01- General Fund Total: 13,344,940.08$

IMET Pooled Cash XX-101 87,473.72

First American Pooled Cash -

02- IMRF Fund Total: 87,473.72$

IMET BondsXX-202 -

IMET 2017A Non-Taxable Referendum -



Saint Charles Bank Money Market 7,303,493.66

03- Construction & Development Fund Total: 18,614,600.78$


IMET BondsXX-202 -

IMET Bonds XX-201 18,595,185.92


County Managed Funds 387,263.18

04- Debt Service Fund Total: 19,027,406.16$

IMET BondsXX-202 -

IMET 2017A Non-Taxable Referendum 454,543.23

IMET 2017B Taxable Referendum 6,511,822.74



Saint Charles Bank Money Market 12,352,487.36

05- Land Acquisition Fund Total: 21,689,273.86$



06- Insurance Liability Fund Total: 125,296.52$



Sawyer Falduto Investments 2,133,802.05

County Managed Funds -

07- Events & Cultural Fund Total 3,756,666.98$



08- Social Security Fund Total: 59,710.76$



11- Mitigation Fund Total: 69,865.92$

Grand Total All Cash & Investments: 76,775,234.78$


Cash & Investment Report

Period Ending 10/31/2019

Packet Pg. 217

PRIOR PURCHASES:

Township Description Preserve Name Bonds Date Acres Price Per Acre Donated Value Purchase Price

Sugar Grove Cutsinger Sauer Family Prairie Kame 2017A 10/6/2017 71.48 12,088.52$ 864,087.66$

Burlington Faber Cardinal Creek 2017A 11/15/2017 12.25 $14,363.35 175,951.06$

Big Rock Baldridge- Huiner Holdings LLC Needham Woods 2017A 11/28/2017 28.40 $12,491.75 354,765.76$

Big Rock Baldridge- Ernest & Martha Baldridge Needham Woods 2017A 11/28/2017 28.44 $12,524.41 356,194.08$

Big Rock Baldridge- Anderson/Dearvil etc. Needham Woods 2017A 11/28/2017 28.40 $10,252.69 291,176.32$

Rutland Lueth Property Binnie Woods 2017A 12/7/2017 82.66 $12,494.41 1,032,788.06$

Plato Chicago Title Land Trust Co. Muirhead Springs 2017A 12/15/2017 53.18 $11,947.62 635,374.65$

Aurora Strzelecki Property Oakhurst 2017A 12/21/2017 4.69 $67,770.10 317,841.79$

Blackberry Cloonara-Hughes Property Johnson's Mound 2017A 12/29/2017 219.48 $23,155.28 5,082,119.78$

Blackberry Cloonara-Hughes Property Johnson's Mound N/A 12/29/2017 42.00 $50,000.00 2,100,000.00$

Elgin Edwards Property Donation N/A 12/4/2017 25.74 $20,000.00 514,800.00$

Plato Winkleman Bowes Creek Woods 2017A 1/12/2017 114.00 $6,110.11 696,552.97$

Burlington Lenkaitis Property Cardinal Creek 2017B 1/26/2017 120.92 $12,816.43 1,549,762.44$

St Charles Imhoff/ Kelley Property LeRoy Oakes 2017A 2/8/2017 22.24 $7,030.70 156,362.77$

Plato Butts Family Farm Muirhead Springs 2017B 3/15/2017 110.84 $11,770.52 1,304,644.14$

Aurora Chicago Premium Outlets N/A 2/16/2018 75.00 $5,000.00 375,000.00$

Big Rock Baumez Big Rock 2017A 3/28/2018 86.27 $11,643.06 1,004,446.82$

St Charles THG Properties LLC Ferson Creek 2017A 5/24/2018 17.00 $14,394.13 244,700.19$

Dundee Meadowdale Raceway Woods 2017A 6/27/2018 7.00 $71,551.10 500,857.71$

Dundee Urban Property Fox River Shores 2017A 7/26/2018 0.24 $72,583.88 17,420.13$

Dundee Bischof Property Fox River Shores 2017A 7/26/2018 0.26 $143,655.54 37,350.44$

Rutland Plote Property Binnie Woods 2017A 7/26/2018 1.35 $12,993.36 17,541.03$

Saint Charles Riemer Property near mission hills Ferson Creek 2017A 8/13/2018 60.00 $12,947.43 776,846.00$

Dundee Unimproved Besinger Properties Raceway Woods 2017A 8/15/2018 86.00 $20,805.17 1,789,244.56$

Batavia Basler Property Montesorri School Glenwood 2017A 8/8/2018 6.00 $6,564.00 39,384.00$

Plato Roberts-Huerth Trust & Vogel Trust Muirhead Springs 2017A 10/25/2018 81.18 $11,224.06 911,169.38$

Plato Roberts-Huerth Trust & Vogel Trust Muirhead Springs 2017B 10/25/2018 79.86 $11,223.99 896,347.74$

St Charles Conserv. Found. Pheasant Meadows Fox River Bluff 2017A 11/29/2018 12.50 $1,425.34 17,816.78$

Dundee Conserv. Found. Holzer Property Helm Woods 2017A 3/6/2019 14.40 $2,946.50 42,429.58$

Elgin Siljestrom Property Bowes Creek Woods 2017A 4/4/2019 23.00 $17,344.01 398,912.12$

Campton Hawkins 2017A 5/29/2019 53.23 $22,589.17 1,202,421.47$

Big Rock Gwinn Oaks Big Rock 2017A 6/28/2019 113.00 $10,611.19 1,199,065.01$

Total 1,681.01 2,989,800.00$ 21,913,574.44$

AVAILABLE FUNDS:

Non-Referendum Monies 2,370,420.53$

2017A Bond Proceeds MM- Non-Taxable 454,543.23$

2017A Saint Charles Bank MM- Non-Taxable 12,352,487.36$

2017B Bond Proceeds MM- Taxable 6,511,822.74$

Total Funds Available 21,689,273.86$

Professional Services/Taxes 250,000.00$

BALANCE 21,439,273.86$

Description Amount

Total Construction & Development Non-Referendum Funds 11,311,107.12$

2017A- Saint Charles Bank Non-Taxable Funds MM 7,303,493.66$

Fabyan Causeway Grant Revenue (425,018.52)$

Carpentersville Dam Grant Revenue (500,000.00)$

(1,650,000.00)$

Total Development Funds Available 16,039,582.26$

FOREST PRESERVE DISTRICT OF KANE COUNTY

October, 2019

LAND ACQUISITION FUND

Construction & Development Funds Available

* Funds Committed to Aurora Pedestrian Bridge

Packet Pg. 218

Agenda - Friday, December 6, 2019 - Kane County Forest ...

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