AGENDA FINANCE COMMITTEE Village ofHoffman Estates
January 23, 2012
Immediately following Public Works and Utilities
Members: Gary Pilafas, Chairperson Anna Newell, Vice Chairperson Jacqueline Green, Trustee Karen Mills, Trustee Ray Kincaid, Trustee Gary Stanton, Trustee William McLeod, Mayor
I. Roll Call
II. Approval ofMinutes - December 12,2011
NEW BUSINESS
1. Request approval of a Business Solicitation Plan from the Fourth July Commission for the 2012 Fourth ofJuly Festival.
2. Request authorization by the Fourth of July Commission to waive all inspection fees and select license fees for the 2012 Fourth ofJuly Festival.
3. Request authorization by the Fourth of July Commission to award a contract for stage, sound, lights and backline equipment for the 2012 Fourth ofJuly Festival to SCS Productions, Inc., in an amount not to exceed $23,996.00.
4. Request authorization to waive formal bidding and award contract for an ongoing replacement program for the purchase of 10 ruggedized laptop computers and accessories to CDS Office Technologies, Inc. per Illinois State Master Contract CMS8291640/CMS829164A for use in Police Department vehicles in an amount not to exceed $39,559.00.
5. Request authorization to amend the five year water and sewer rate schedule to include the City ofChicago water rate increases in 2012-2014.
6. Request acceptance of Finance Department Monthly Reports for November and December 2011.
7. Request acceptance of Information Systems Department Monthly Reports for November and December 2011.
The Village ofHoffman Estates complies with the Americans with Disabilities Act. For handicapped assistance, call the ADA Coordinator at 847-882-9100. Page Two
8. Request acceptance of Sears Centre Monthly Reports for November and December 2011.
II. President's Report
III. Other
IV. Items in Review
VI. Adjournment Village of Hoffman Estates DRAFT
FINANCE COMMITTEE MEETING MINUTES December 12, 2011
I. Roll Call
Members in Attendance: Gary Pilafas, Chairperson Anna Newell, Vice Chairperson Trustee Karen Mills
Other Corporate Authorities Trustee Ray Kincaid in Attendance: Trustee Jacquelyn Green Trustee Gary Stanton Village President William McLeod
Via Electronic Attendance: Village President William McLeod
Management Team Members Dan O'Malley, Deputy Village Manager in Attendance: Art Janura, Corporation Counsel Peter Gugliotta, Director of Planning Don Plass, Director of Code Enforcement Patrick Seger, Dir, of Human Resource Mgmt. Bob Gorvett, Fire Chief Michael Hish, Police Chief Algean Garner, Director of H&HS Joe Nebel, Director of Public Works Michael DuCharme, Finance Director Mike Hankey, Director of Transportation Gary Salavitch, Director of Engineering Nichole Collins, Emergency Mgt. Coord. Sarah Kuechler, Admin. Intern Doug Schultz, Community Relations Coord. Ken Koop, Risk Manager Gary Skoog, Director of Econ. Dev. Bruce Anderson, Cable TV Coordinator Bev Romanoff, Village Clerk
Others in Attendance: Daily Herald
The Finance Committee meeting was called to order at 7:39 p.m.
II. Approval ofMinutes
Motion by Trustee Mills, seconded by Trustee Green, to approve the Finance Committee meeting minutes ofDecember 5, 2011. Roll call vote: Aye: Pilafas, Newell, Mills, Kincaid, Green, Stanton Mayor McLeod voted Aye. Motion carried. Finance Committee -2- December 12, 2011
NEW BUSINESS
1. Request authorization for renewal of the Village's 2012 excess workers' compensation and property and casualty insurance coverage.
An item summary sheet from Ken Koop was presented to the Committee.
Ken Koop indicated to Committee that the premiums amount to a 22% decrease in the 2012 budget.
Motion by Trustee Green, seconded by Trustee Newell, to authorize renewal of the Village's 2012 excess workers' compensation and property and casualty insurance coverage. Roll call vote: Aye: Pilafas, Newell, Mills, Kincaid, Green, Stanton Mayor McLeod voted Aye. Motion carried.
III. President's Report
IV. Other
V. Items in Review
VI. Adjournment
Motion by Trustee Mills, seconded by Trustee Stanton, to adjourn the meeting at 7:43 p.m. Roll call vote: Aye: Pilafas, Newell, Mills, Kincaid, Green, Stanton Mayor McLeod voted Aye. Motion carried.
Minutes submitted by:
Debbie Schoop, Executive Assistant Date NBI COMMITTEE AGENDA ITEM VILLAGE OF HOFFMAN ESTATES
SUBJECT: 4th of July Business Solicitation Plan
MEETING DATE: January 23, 2012
COMMITTEE: Finance
FROM: Dan Callender, Chairman, 4th of July Commission
PURPOSE: To request approval of the 4th of July Commission's business solicitation plan for 2012.
BACKGROUND: The Village's 4th of July event receives funding from several different sources: The Village's General Fund, food vendor fees, beverage sales, carnival revenue sharing, craft fair fees and donations.
DISCUSSION: Historically, the Commission has employed a variety of solicitation methods to request funding from outside sources. These methods are as follows:
1. A general appeals letter - outlines varying degrees of recognition/advertising based on donation range (see attached).
2. Activity sponsorship - the business name associated with an activity; for example, Schaumburg Township Library and children's pony rides, or a generous. benefactor for the fireworks display or beer tent.
3. In-kind service - donated services and products such as hotel rooms and meals for national entertainers (contract rider requirement). This is not revenue; however, it does minimize overall expenses for entertainment.
FINANCIAL IMPACT: The Commission received $9,800 in donations for FY 2011 which is 14.5% of the budgeted revenues. The Commission received $11,900 in FY 2010, $5,745 in FY 2009, $3,292 in FY 2008, $6,838 in FY 2007, $5,550 in FY 2006, $7,025 in FY 2005, $8,065 in FY 2004, and $5,501 in FY 2003. Over the past 9 years, the annual average donations have equaled approximately $7,079, not including the significant amount of in-kind services.
RECOMMENDATION: Request approval of the business solicitation plan per the attachment and authorization to continue the solicitation of businesses as follows: A. General appeals letter (cash donations) B. Activity sponsorship C. In-kind services Date
«Title» «FirstName» «LastName» «JobTitle» «Company» «Address1» «City», «State» «PostatCode»
Dear «Title» «LastName»:
Plans are already underway for our 2012 4th of July Celebration. The Hoffman Estates Celebration has grown over the past 29 years has been a major event in the Chicagoland area, with many attendees. This year's festival celebration will be five days long and is scheduled to start on Wednesday, July 4 through Sunday, July 8, 2012. This year's festival will be relocated to the Sears Centre Arena at I 90 and Route 59. The new venue opens a great opportunity that the Village is very excited about.
As the economy continues to move toward recovery, many communities are still faced with the difficult decision of funding community events. The Hoffman Estates 4th of July Commission is working very hard to keep the annual 4th of July Festival active in the Village of Hoffman Estates. With this year's new venue at the Sears Centre Arena, the Village is hoping to create a new experience while still offering the quality 4th of July Celebration as in years past. This year's event will include quality entertainment, arts and crafts fair, food court tent, family activities, carnival, fireworks and our patriotic parade.
We understand that times are still difficult in this unsteady economy not only for the Village, but also for local business as well. However, we still need the support from our local business community to help defray the costs of the 2012 4th of July event. In addition to helping fund a wonderful family festival for area residents, contributions will also bring your business additional advertising and recognition benefits.
Attached is a listing of donation amounts and related benefits. We thank you in advance for your consideration and support to ensure the success ofour 2012 4th ofJuly Celebration.
Sincerely, Sincerely,
William D. McLeod Dan Callender, Chairman Village President 4th of July Commission HOFFMAN ESTATES 2012 4TH OF JULY CELEBRATION
DONATION LEVEL EXPLANATION
All donors will be recognized on our DONOR APPRECIATIONBOARD at the festival site.
• DONATION OF $5,000 - $20,000 Complimentary information booth on festival grounds Mention of your company on HETV (Cable TV's Access Channel 6 during the time festivities are aired) Recognition plaque engraved with Company name Company banner placed on entertainment stage Company logo on the 4th of July Program (circulation over 45,000) Recognition in Village newsletter Certificate of Appreciation
• DONATION OF $1,000 - $5,000 Company logo on 4th of July Program (circulation over 45,000) Company banner placed on entertainment stage Recognition in Village newsletter Certificate of Appreciation
• DONATION OF $500 - $1,000 Recognition in Village newsletter Certificate of Appreciation
• DONATION OF $100 - $500 Certificate of Appreciation
Donations must be received by April 27,2012, to insure time to properly recognize your business. Please make all checks payable to the Village of Hoffman Estates and include your name and logo as you wish to have it displayed in our festival advertising. If there is a particular event you wish to sponsor, please specify. Call 847/781-2606 for additional information. Please complete and return this form with your check payable to:
Village ofHoffman Estates 1900 Hassell Road Hoffman Estates, IL 60169
Attn: 4th ofJuly Commission
NAME OF BUSINESS _
CONTACT PERSON _
TELEPHONE _
ADDRESS _
AMOUNT OF DONATION ENCLOSED _
THANK YOU!! NB2 COMMITTEE AGENDA ITEM VILLAGE OF HOFFMAN ESTATES
SUBJECT: 2012 Fourth of July Festival Inspections and License Fees
MEETING DATE: January 23, 2012
COMMITTEE: Finance
FROM: Dan Callender, Chairman, 4th of July Commission
PURPOSE: To discuss the waiver of inspection and license fees associated with the Village's 4th of July festival for 2012.
BACKGROUND: The following costs are outlined in the Village Code: 1) Inspection Fees (Code/Fire) $ SO/hour min. 2) Concert per performance $ 100.00 3) Parade $ 10.00 4) Local Liquor License Fee $ 2S.00
DISCUSSION: The Village sponsored events at the 4th of July festival include the parade, entertainment, carnival, activities and beverage tent. Carnival licensing and inspection fees are waived as part of the contract approval. The other fees have historically been waived for past festivals since the Village would be paying itself.
FINANCIAL IMPACT: None. These fees would be the responsibility of the Village to pay.
RECOMMENDATION: The Commission requests the waiving of all inspection fees and the following selected license fees: concert, parade, and local liquor license for the 2012 4th of July festival. NB3 COMMITTEE AGENDA ITEM VILLAGE OF HOFFMAN ESTATES
SUBJECT: 2012 4th of July Stage, Sound, Lights & Backline Equipment Contract
MEETING DATE: January 23, 2012
COMMITTEE: Finance
FROM: Roger Stell, Fourth of July Commission
PURPOSE: To provide a recommendation from the 4th of July Commission to award a contract for the stage and related equipment for the 2012 4th of July festival.
BACKGROUND: As part of the annual festival activities, national, regional and local musical groups are contracted to perform. A production company is contracted to provide the stage, lighting, sound, band gear equipment and technical assistance. Technicians are on-site to conduct sound checks through stage lock-down at the end of each evening's performance.
DISCUSSION: On January 4, 2012, a bid notice was published for the stage and related equipment for the 2012 festival. The results of that bid are as follows:
Vendor Bid Amount
SCS Productions, Inc., Roselle, IL $23,996
As you can see, one (1) bid was received for this service. The 4th of July Commission has reviewed this proposal and recommends that the stage services be awarded to SCS Productions, Inc.
SCS has provided the stage and related equipment for the Village's festival for many years and the Commission has been very pleased with the quality of this service. The bid provides for a multi-year option that allows for two (2) additional years of service at a fixed price. The increase for the se.cond and third year equals 4.8%.
FINANCIAL IMPACT: The 4th of July budget contains funds within the Entertainment line item, Account No. 016053244561 for this purpose. This expense is within the budgeted funds.
RECOMMENDATION: The 4th of July Commission recommends that the 2012 contract for stage, sound, lights and backline equipment be awarded to SCS Productions, Ine., as a cost not to exceed $23,996. NOTICE TO BID
Village ofHoffman Estates, Hoffman Estates, illinois 60169
The Village ofHoffman Estates is soliciting bids for Stage, Sound, Lights and Band Gear Equipment for the 2012 4th ofJuly event.
Sealed bids will be received by the Office of the Village Clerk, 1900 Hassell Road, Hoffman Estates, illinois 60169 (Municipal Building), until 10:30 a.m. local time, January 19, 2012, at which time they will be publicly opened and read aloud. It is the responsibility of the bidder to meet the specified opening time; and any bid not so received will be returned unopened. Bids must be identified as such on the outside ofthe sealed envelope. This can be done by label as may be provided by the agency or by marking the envelope "SEALED BID - 2012 STAGE, SOUND, LIGHTS AND BAND GEAR EQUIPMENT" and with the following information: Company's name, address, date and time ofopening.
Specifications and complete bid documents may be obtained from the Office of the Village Clerk. Further information regarding this bid may be obtained by contacting Dan O'Malley at 847/781-2602.
The Village ofHoffman Estates reserves the right to waive any/all formalities, or to reject any/all bids and/or parts thereof; and to accept that bid which it deems most favorable to Hoffman Estates after all bids have- been examined and canvassed.
By the Order ofthe Mayor and Board ofTrustees ofthe Village ofHoffman Estates.
Date: _ Bev Romanoff Village Clerk
Published on in the Hoffman/Schaumburg Daily Herald. NOTICE TO BIDDERS
The Village ofHoffman Estates is accepting sealed bids for the Stage, Sound, Lights and Band Gear Equipment for the 2012 4th of July event. The July 4th event is scheduled beginning the evening of July 4, 2012 and concluding July 8, 2012 at the Hoffman Estates Village Green, 5510 Prairie Stone Parkway, Hoffman Estates, Illinois. Sealed bids must be marked "Sealed Bid - 2012 Stage, Sound, Lights and Band Gear Equipment" and be received by the Office of the Village Clerk on or before Thursday, January 19, 2012 at 10:30 a.m. All sealed bids will be opened and read at the Village Hall at that time.
No bid will be considered unless it conforms to the requirements of the Village of Hoffman Estates Specifications For Stage, Sound, Lights and Band Gear Equipment. These requirements are attached. All sealed bids must be addressed to the following:
Village ofHoffman Estates 1900 Hassell Road Hoffman Estates, IL 60169 Attn: Bev Romanoff, Village Clerk VILLAGE OF HOFFMAN ESTATES SPECIFICATIONS FOR STAGE, SOUND, LIGHTS AND BAND GEAR EQUIPMENT
Sealed bids are requested for Stage, Sound, Lights and Band Gear Equipment for the Village of Hoffman Estates' 4th of July Festival. The July 4th festival will be held on July 4, 2012 and conclude on July 8, 2012 at 5510 Prairie Stone Parkway, Hoffman Estates, Illinois. Stage and related equipment must be set up and operational by July 3 and completely removed no later than end ofday on July 9, 2012. All bids shall meet the following minimum requirements:
1. A. Staging Requirements:
Stage Size 56' x 20' x 36' Minimum Performance Area: 30' x 24' 2P.A. Wings 10'xTx5' 1 Onstage Monitor Mix Platform 8' x 8' x 5' 1 Main Mix Platform 16' x 10' x 3' 1 Main Stage Cover 30' x 24' 1 Onstage Cover 8' x 8' 1 Main Mix Cover 16' x 10' 1 Drum Risers 8' x 8' x 16" 1 Keyboard Risers 8' x 8' x 8" 1 Black Backdrop 30' x 12' 1 Cable Cover Runner 2 Step Units Complete Frontal Skirt Delivered, setup, technician on duty during scheduled hours, taken down.
Part A Subtotal $__--'-L.Q,800,oQ...... >:<...L..>~ _
B. Sound System Requirements:
(8) 3-way speakers (8) Dual 0 18 LF speakers (2) Crest amp racks (14,600 watts) (4) Yamaha/Roland digital reverb/effects/delay (4) Behringer dual compressors (8 channel for insert) (6) DBX 904 noise gates (1) Klark-Teknik DN-360 stereo third-octave EQ (1) DBX 166A stereo compressor (1) Marantz PMD-350 cassette deck/CD player
Part B Subtotal $__1,2.00,00---+-"-=....>0"'--'-"'<...>0<-__ -2-
C. Lighting System Requirements:
48 Par 64 Lighting Instruments 4 6x2.4K Per Channel Dimmers 1 II Scene 24 Channel Control Board 2 Satellite 1 Follow Spots 1 100' x 4 #2 Feeder Cable 2 Technicians on Duty During Scheduled Hours
Part C Subtotal $_~q...=~_-=--__
D. Band Gear Equipment:
To be determined
Part D Subtotal $------E. Risers:
Thirteen (13) Secoa 4' x 8' stage decks with fiberglass tops (24") Two (2) fiberglass 24" 2-step units .
Part E Subtotal $__---"''---'-'''''--'--':::..=..- _
2. Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of work hereunder by the Contractor, his agents, representatives, employees or subcontractors.
All bidders shall meet the following minimum insurance requirements:
A. Minimum Scope ofInsurance: Coverage shall be as least as broad as:
1. Insurance Service Office Commercial General Liability occurrence form CG 0001 (ED.· 11/85) and, if requested, Owners and Contractors Protective Liability policy with the Village named as additional insured; and
2. Insurance Service Office Business Auto Liability coverage form number CA 0001 (ED. 10/90), Symbol 01 "Any Auto" or Business Auto Liability coverage form number CA 0001 (Ed. 1/87) and endorsement CA0029 (Ed. 2/88) changes in Business Auto and Truckers coverage forms: Insured Contract. -.)-"
3. Workers' Compensation as required by the Labor Code of the State ofillinois and Employers' Liability insurance.
B. Minimum Limits ofInsurance: Contractor shall maintain limits no less than:
1. Commercial General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. The aggregate shall be twice the required occurrence limit. Minimum General Aggregate shall be no less than $2,000,000.
2. Business Automobile Liability: $1,000,000 combined single limit per accident for bodily injury and property damage.
3. Workers' Compensation and Employers' Liability: Workers' compensation coverage with statutory limits and Employers' Liability limits of $1,000,000 per accident.
C. Deductibles and Self-Insured Retentions: Any deductibles or self-insured retention's must be declared to and approved by the Village. At the option ofthe Village, either: the insurer shall reduce or eliminate such deductibles or self-insured retention's as respects the Village, its officials, agents, employees and volunteers: or the Contractor shall procure a bond guaranteeing payment of losses and related investigation, claim administration and defense expenses.
D. Other Insurance Provisions: The policies ofinsurance are to contain, or be endorsed to contain, the following provisions:
1. General Liability and Automobile Coverages:
a. The Village, its officials, agents, employees and volunteers are to be covered as insureds as respects: liability arising out ofthe activities performed by or on behalf of the Contractor; products and completed operations of the Contractor; premises owned, leased or used by the Contractor; or automobiles owned, leased, hired or borrowed by the Contractor. The coverage shall contain no special limitations on the scope of protection afforded to the Village, its officials, agents, employees and volunteers.
b. The Contractor's insurance coverage shall be primary as respects the Village, its officials, agents, employees and volunteers. Any ~ur~ems~~urancemaintained~ilieVill~~~ officials, agents, employees and volunteers shall be excess of Contractor's insurance and shall not contribute withit -4-
c. Any failure to comply with reporting provrsions of the policies shall not affect coverage provided to the Village, its officials, agents, employees and volunteers.
d. The Contractor's insurance shall contain a Severability of Interests/Cross Liability clause or language stating that Contractor's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits ofthe insurer's liability.
2. Workers' Compensation and Employers' Liability Coverage: The insurer shall agree to waive all rights of subrogation against the member, its officials, agents, employees and volunteers for loses arising from work performed by the Contractor for the Village.
E. Verification of Coverage: Contractor shall furnish the Village with certificates ofinsurance naming the Village, its officials, agents, employees and volunteers as additional insureds, and with original endorsements affecting coverage required by this clause. The certificates and endorsements for each insurance policy are to be signed by a person authorized by the insurer to bind coverage on its behalf. The certificates and endorsements are to be received and approved by the Village before work commences. The Village reserves the right to request full certified copies of the insurance policies and endorsements.
3. All bids shall include a list of at least three (3) references (including name and telephone number) for providing similar equipment/service to another festival!event.
4. MlNIMUMWAGES
All laborers and mechanics employed by Contractors and Subcontractors on construction work for this project shall be paid wages at rates no less than those prevailing on similar construction in the locality as determined by the Secretary of Labor in accordance with the Davis-Bacon Act, as amended (40 U.S.C. 276a-276a 5), and shall receive overtime compensation in accordance with and subject to the provisions of the Contract Work Hours and Safety Standards Act (40 U.S.c. 327 333), and the Contractors and Subcontractors shall comply with all regulations issued pursuant to these Acts and with other applicable Federal laws and regulations pertaining to labor standards. The Secretary of Labor has, with respect to the labor standards specified in this Section, the 1950 (5 U.S.C. 133z-15) and Section 2 ofthe Act ofJune 13, 1934, as amended (40 U.S.C. 276c).
Not less than the prevailing wage shall be paid for labor on the work to be done as reauired bv law. -5-
5. If any portion of this bid proposal is sub-contracted, bidders must list all sub contractors:
-Part A Subcontractor: Name: band CDY1CRL}- (Sb~ Address: jCf44 Le.hi9h Prve., ,Swk ~, GlenVlecu\IL liooJ-lp Telephone: Part B Subcontractor: Name: CaS·\-ooJ J:;r.i1'jO i Iv\( .. Address: ,Cf5 W\Jl... VOJ.e... 1)('. ~I.e-, \LCoc~l~ Telephone: (p30' 30( , D8t>" Reference: fu-furyD XD-€)l .Lff;L Part C Subcontractor: Name:------Address: _ Telephone: _ Reference:------Part D Subcontractor: Name: Address:------_ Telephone: _ Reference: _ Part E Subcontractor: Name:------Address: _ Telephone: ~ _ Reference: _ 6. Multi-year contract. At the Village's option, the Village reserves the right to extend any contract an additional year pursuant to bid pricing for the multi-year proposal with approval ofthe President and Board ofTrustees. BID PROPOSAL Formal bid proposal to the Village of Hoffman Estates, illinois for providing Stage, Sound, Lights and Band Gear Equipment for the Village's 4th of July Festival for July 4-8, 2012. Company Name: SCS j) D>d,"",,-\!e;b~D=()-'-'<;""-.II--'-I.L-O~c=--. _ Company Address: 2- S- Cuv19r-L'i'€...... s...... S'---'&~-"'--'cJ...:!:.~~W'-=-Je""""'s'-'-t- _ '"Q.oselle \ J L fQ017'2- Company Telephone Number: @]qg5·-09-=D'-=8 _ Company Representative:--L-H""""'-,,,Chc.:....L.lo Title: \)f'€<;~derJ: _ The undersigned, as submitter, declares that the only persons or parties interested in this bid proposal are the names herein; that this bid proposal is made without collusion with any other person, :firm, company, and/or corporation; that he/she has carefully examined the bid proposal and its associated specifications for the above stated project, all ofwhich are on :file at the Village of Hoffman Estates, 1900 Hassell Road; Hoffman Estates, illinois, and all other documents referred to or mentioned in the specifications; and that he/she bids and agrees to provide said equipment and service as specified or referred to in the proposal and specifications in the manner and time therein prescribed. The undersigned certifies that his/her :firm is not barred from bidding on this project as a result of a conviction for violation of State of illinois laws prohibiting bid rigging or bid rotating as set forth in the provisions of720 ILCS 5/33 E-3 and E-4. Bids shall be evaluated on the basis oftotal cost, compliance with the bid specifications, and a reference review ofthe bidder. The Village of Hoffman Estates reserves the right to reject any and all bids, to waive any and all technical defects, and to accept any bid which is deemed in the best interest ofthe Village ofHoffman Estates, illinois. TOTAL PRICE OF EQUIPMENT/SERVICES (Total Parts A, B, C and E):$ :23ff'1(,I(J:> I MULTI-YEAR PROPOSAL: Option to Renew Contract for 2013 $ 261 1ltl. 00< Option to Renew Contract for 2014 $ 2~,3Rlo.oo SIGNATURE:_-'-f"'--==+-"""""';~<-- ---'-- _ , NAME (PRINT): ~\chad Zlf£r...... ,,~=--- _ TITLE (PRINT):----!.7'-'-'re""-'~::::.:..;d""'-'ULt""'_='__ _ TELEPHONE NUMBER:&n...>.,t)_q....:...:'<6::...... :5"'--->.(Q"'-9.L::a::..::~'--- _ SUBSCRIBED AND SWORN BEFORE ME THIS \\~ DAY OF ~~'-j,,0d\.-1 ,2012. \ ~m,~ , NOTARYPLIC (NOTARY SEAL) OFFICIAL SEAL - ~ AMBER M. RANDOLPH NOTARY PUBLIC- STATEOF ILLINOIS MY COMMISSiON EXPIRESDEC.28. 2013 References Village ofHoffman Estates - 4th ofJuly Festival Dan O'Malley 847.781.2602 Village of Schaumburg - Schaumburg Septemberfest Roxane Benvenuti 847.923.3605 Exchange Club ofNaperville- Naperville Ribfest Patrick Berthold 630.878.8348 City ofElgin - Fox Fire Fest Butch Wilhelmi 847.931.5904 NB4 COMMITTEE AGENDA ITEM VILLAGE OF HOFFMAN ESTATES SUBJECT: Request authorization to waive formal bidding and award contract for an ongoing replacement program for the purchase of 10 ruggedized laptop computers and accessories to CDS Office Technologies, Inc. per Illinois State Master Contract CMS8291640/CMS829164A for use in Police Department vehicles in an amount not to exceed $39,559.00. MEETING DATE: January 23, 2012 COMMITTEE: Finance Committee FROM: Gordon Eaken, Director of Information Systems PURPOSE: An ongoing program has been developed to replace existing Mobile Data Terminals in the Police Department vehicles with Rugged Laptop Computers and to establish and maintain a four year lifecycle for these laptops. BACKGROUND: Since the Mobile Data Terminals were no longer being produced, it was decided to implement laptop computers in the emergency vehicles as replacements. This is an ongoing project in the Capital Improvements Program. DISCUSSION: Over the past several years, the Village has replaced all Mobile Data Terminals with Laptop Computers in our Public Safety emergency vehicles. Last year, due to budget constraints, we restricted the replacement cycle from the usual nine, to five ofthe existing Police laptops. This was a slight modification of our plan to implement a regular four year lifecycle for this equipment. This year we wish to replace ten units, using a transfer from State Asset Seizure Funds. This was approved during the 2012 budget process. SUMMARY: The laptop computers requested this year are essentially the same systems that we have successfully implemented throughout the Public Safety Departments. These ruggedized units by Panasonic are sturdy enough to stand up to the rigorous demands of use in an emergency vehicle environment. The vendor, CDS Office Technologies, Inc. is the holder of the State of Illinois Master Contract for these units (CMS8291640/CMS829l64A). Attached is an email verifying the Contract status. They are configured specifically for Public Safety use and are not available through the general retail channels. Use ofthis pricing structure is in agreement with Village purchasing policy. FISCAL IMPACT: The chart illustrates the funding and expenditure summary for 2012 in this project. This program will come in at 2.3 percent under budget. Funding: Police Replacements 40,500.00 Total Budzet 40,500.00 Expenditures: Police 10 @J $3,725.00 37,250.00 Extended Warranty 10 em $200.00 2,000.00 Removable CDROM 1 @$309.00 309.00 Drive Total Expense $39,559.00 Under Budget Amount $941.00 RECOMMENDATION: Waive formal bidding and award contract for an ongoing replacement program for the purchase of 10 ruggedized laptop computers and accessories per State of Illinois Master Contract CMS8291640/CMS829164A to CDS Office Technologies, Inc. for use in Police Department vehicles in an amount not to exceed $39,559.00. Gordon F. Eaken From: Michael Ketchum Sorry for the delay. I have been out in the field all day and now am trying to catch up. Yes, CDS is still the ILState Contract holder #CMS8291640/CMS829164A for the Panasonic Toughbooks, The CF-31 is the current model. Look for an updated quote in your email shortly. Thank you, ~idiae[ fl. 1(ptclium Systems Specialist CDS Office Technologies 780 W. Belden Ave, Addison, IL 60101 630-417-2572 cell 630-305-9034 x1210 office 630-305-9876 fax [email protected] http://www.cdsot.com CMS Master Contract holder for Toughbooks and Arbitrator#CMS8291640 &#CMS829'164A CMS Master Contract holder for Lenovo Desktops #CMS1560940A CIJ!f!j,-- fiJiilAoPFlce····· TECHNOI..DSIE§ We Deliver Solutions From: Gordon F. Eaken [mailto:[email protected]'l Sent: Wednesday, January 04, 2012 5:08 PM To: Michael Ketchum Cc: Fred Besenhoffer Subject: New Panasonic Replacements Mike, Hoffman Estates is interested in replacing nine of our CF Units in our Police vehicles. We would be interested in a configuration similar to last year, Win 7, 4GB RAM, 4 year warranty. Also one CD/DVD ROM Drive to use across the nine. Give me a call if you have options for us. I would like to take it to Committee in a COl/pie of weeks. Does CDS still hold a State of Illinois Contract for the CF Units? Thanks, Gordon Eaken Director of Information Systems Village of Hoffman Estates, IL 847-781-4871 Gordon F. Eaken From: Michael Ketchum Gordon, Attached is your requested quote. The new part #'s include 4GB RAM and 320GB (7200rpm hard drive) standard so I do not need to add the additional 2GB accessory with install like last time. These units are currently in stock but I will recheck inventory when you are ready to place the order. Thank you, Michael A. Ketchum Systems Specialist CDS Office Technologies 780 W. Belden Ave. Addison, IL 60101 630-417-2572 cell 630-305-9034 x1210 office 630-305-9876 fax [email protected] httrr:Uww..'Y".cdsot.co m CMS Master Contract holder for Toughbooks and Arbitrator ttCMS8291640 & ffCMS829164A CMS Master Contract holder for Lenovo Desktops ffCMS1560940A COS Office Technoloqies 780 Belden Avenue, Suite A Addison, Illinois 60101 C6J*= United states Date http://www.cdsofficetech.com Jan 5, 2012 5:32 PMCST ""'.OFF'CE Doc # IECHNOLO&'E!i 430612 - rev 1 of 1 Description CF-3lJAGAX1~1 SalesRep Ketchum, Michael (P) 630-305-9034 customer Contact EAKEN, GORDON (P) 847-781-4871 Gordon. [email protected] CUstomer Bill To Ship To VILLAGE OF HOFFMAN l:STATES (21104) VILLAGE OF HOFFMAN ESTATES VILLAGl: OF HOFFMAN ESTATES 1900 HASSELLRD PAYABLE, ACCOUNTS XX, GORDON EAKEN HOFFMAN ESTATES, Illinols 60195 1900 HASSELLRD 1900 HASSELLRD (P) 847-781-2844 HOFFMAN ESTATES, Illinois 60195 HOFFMAN ESTATES, lI1inois 60195 (P) 847-781-2844 (P) 847-781-2844 Customer PO: Terms: Ship Via: : None Undefined UPS Gr"ound ,speclal rnstructlonsr Carrier Account #: 'None None PanasonicToLJghb6ok 31 :X:P-i~}{;;g}~of~~~-~,~~~::'o?h;g~~fe ~~~~, (~~'I~~t~~I~);oE~li~S?V~o~:gl~ol~~~~~ar~~~oI~~i~e, CF-31JAGAX1r'l 10 No $3,725.00 $37,250.00 Toughbook Preferred ACCESSORIES Panasonic 2 Extended service agreement - parts and labor - 1 year CF-SVCLTEXT1Y 10 No $200.00 $2,000.00 Pariasonlc DVD Super MULTI Drive CF-VDM31lU 3 Disk drive - DVD±RW / DVD-RAM - plug-in module CF-VDM311U No $309.00 $309.00 Subtotal: $39,559.00 Tax (0.000%): $0.00 Shipping: $0.00 Total: $39,559.00 CDS Office Technologies disclaims any responsibility for product Information and products described on this site. Some product information may be confusing without additional explanation. All product Information, including prices, feature", and availability, is subject to change without notice. Applicable taxes & shipping may be added to the final order. CREDIT CARDORDERS WILL BE CHARGED A 3% CONVENIENCE FEEFOR PROCESSING THE ORDER. All returns must be accompanied by original invoice and authorized RMA number within 30 days of invoice date. Late fees may apply to payments past 30 days from Invoice date. Please contact your sales representative if you have any questions, NBS COMMITTEE AGENDA ITEM VILLAGE OF HOFFMAN ESTATES SUBJECT: Request Board authorization to amend the five year water and sewer rate schedule to include the City of Chicago water rate increases scheduled in 2012-2014 MEETING DATE: January 22, 2012 COMMITTEE: Finance <:-----..,,"- A0 FROM: Michael DuCharme, Director ofFinance PURPOSE: To amend the existing water rate schedule to reflect the increase in water rates recently approved by the City of Chicago in their approved 2012 Budget. BACKGROUND: Back in October 2009, the Village Board concurred with the findings ofthe water rate study prepared by Donohue and Associates and approved the rate structure outlined in their report for the five year period 2010 - 2014. The combined water and sewer rate for each ofthe years in the five year study period was approved as outlined below: December 1, 2009 $5.34 per 1,000 gallons December 1, 2010 $5.65 per 1,000 gallons December 1, 2011 $6.00 per 1,000 gallons December 1, 2012 $6.36 per 1,000 gallons December 1, 2013 $6.75 per 1,000 gallons Late last fall the Village received notification fromJAWA that the City ofChicago, as part oftheir approved budget for 2012, approved a 25% increase in water rates for 2012 and a 15% increase per year for the following three years, 2012-2015. DISCUSSION: Upon notification ofthe increase in water rates from the City of Chicago, I contacted William Nyanue at Donohue and Associates, the preparer ofthe last water rate study. He was requested to update the Village water rates based on the increases being proposed by the City of Chicago. Currently, the Village's water and sewer rates are adjusted annually as part ofthe December billing. At the January JAWA Finance Committee meeting it was learned that the City of Chicago is going to place the previously announced water rate increase into effect on March 1, 2012. Currently, the Village does not have sufficient water fund reserves on hand to offset the unexpected rate increase from the City of Chicago. As part ofthe last water rate study done back in 2009, water fund reserves were being drawn down annually. As a result, the Village will need to increase its current water rate from $4.99 per thousand to $5.79 per thousand, an increase of 16%. Going forward I am recommending that the water rate increase related to the City of Chicago be added to the water rate increase imposed annually in December. The following schedule ofrates is being recommended for 2012-2014. 2012 2013 2014 Original Hoffman Estates Water Rates $4.99 - 12/1/2011 $5.32 - 12/1/2012 $5.68 - 12/1/2013 Revised Hoffman Estates Water Rates $5.79 - 3/1/2012 $6.72 -12/1/2012 $7.46 - 12/1/2013 Total Hoffman Estates Water & Sewer $6.81 $7.76 $8.53 Rates: Based on the data received from Donohue and Associates, water rates are expected to increase an additional 16% in 2013 to $6.72 per thousand and an additional 11% in 2014 to $7.46 per thousand. The combined water and sewer rates are recommended to increase 14% from $6.81 per thousand in 2012 to $7.76 in 2013 and an additional 10% from $7.76 in 2013 to $8.53 per thousand in 2014. The following exhibit will illustrate: Water Rate Sewer Rate Combined Rate Residential/Commercial/Industrial Change Change Change Water usage per 1,000 gallons (from and $5.80 $1.01 $6.81 after bills issued 3/1/2012) Water usage per 1,000 gallons (from and $6.72 $1.04 $7.76 after bills issued 12/1/2012) Water usage per 1,000 gallons (from and $7.46 $1.07 $8.53 after bills issued 12/1/2013) The last year ofthe City ofChicago water rate increases of 15% is scheduled for 2015. During the spring of2015 the Village would normally conduct its next five year water rate study. Therefore, the rate for December 20 15 will not be established until after that water rate study is completed. Although the Village has no choice other than to increase rates at this time, the Village ofHoffman Estates along with other JAWA communities and other municipalities purchasing water from the City ofChicago are exploring alternatives including legislative relief, negotiation, discussions with alternative suppliers, as well as litigation. In the event that our future efforts result in rate decreases we will bring that information back in front ofthe Board for further discussion at that time. RECOMMENDATION: As a result ofwater rate increases imposed by the City of Chicago, it is recommended that the combined water and sewer rate be increased as follows: Water usage per 1,000 gallons (from and after bills issued 3/1/2012 $6.81 Water usage per 1,000 gallons (from and after bills issued 12/112012 $7.76 Water usage per 1,000 gallons (from and after bills issued 12/112013 $8.53 PART I PROJECT DESCRIPTION/SCOPE OF SERVICESITIMING A. PROJECT DESCRIPTION Revision of water rates for 2012 through 2015. B. SCOPE OF SERVICES The City of Chicago will increase its water rates by 25% in 2012 and 15% in 2013, 2014 and 2015. Hoffman Estates would like to know by how much it would need to increase its water rates during the same time period to absorb the City of Chicago's rates and maintain the same level of year-end balances approved as part of the last rate study. Basic Service to be provided by Donohue for this Project under this Agreement is as follows: • Revise Hoffman Estates' water rates for the years 2012, 2013, 2014 and 2015 to reflect the City of Chicago's rate increases for those years. • Provide Hoffman Estates a one page summary of existing and revised rates as well as background information on how its revised rates were determined. C. PROJECT TIMING Donohue shall be authorized to commence the Services set forth herein upon execution of this Agreement. PART II OWNER RESPONSIBILITIES A. In addition to other responsibilities of Owner set forth in this Agreement, Owner shall: 1. Since Hoffman Estates receives its City of Chicago water through JAWA, Hoffman Estates will furnish to Donohue the rates that it will be charged by JAWA for the period of the analysis. Page 2 Summary of Impact of City of Chicago's Rate Increases On Hoffman Estates Water Rates 2009 2010 2011 2012 2013 2014 Original JAWA Rates ($11,000gallons) $ 2.46 $ 2.59 $ 2.79 $ 2.96 $ 3.02 $ 3.22 Revised JAWA Rates ($11,000gallons) $ 2.46 $ 2.59 $ 2.79 $ 3.70 $ 4,26 $ 4.89 Increase/(Decrease) 25% 15% 15% Original Hoffman Estates Water Rates ($/1,000 gallons) 4.10 4.38 4.67 4.99 5,32 5,68 Revised Hoffman Estates Water Rates ($11,000gallons) 4.10 4.38 4.67 5.79 6.72 7.46 Increase/(Decrease) over original rates 0% 0% 0% 16% 26% 31% Total Water and Sewer Rates 5.03 5.33 5.66 6,81 7,76 8,53 Original Cash and Investment End of Year 8,642,454 7,748,614 6,124,950 4,282,666 3,021,279 2,006,006 Revised Cash and Investment End of Year 8,642,454 7,748,614 6,124,950 4,239,964 2,994,443 1,801,959 Variance (0) (0) (0) (42,702) (26,836) (204,047) Note: JAWA rate increase in 2012 based on original rate in 2012 while increases in 2013 and 2014 based on revised rate in previous year ~I :,j i I Page 1 of5 Table 2 Waterworks and Sewerage Fund Revenue Requirements Village of Hoffman Estates, Illinois Actual Actual Actual Actual Estimate Projection Projection Projection Projection Projection ~ 2005 ~ 2007 2008 2009 2010 .wi 2012 2013 2014 Debt Service Division Debt Service 2008 G.O. Bond - Principal 2008 G.O. Bond - Interest - . 232,219 333,083 333,063 333,063 333,063 333,063 333,083 333,063 Water Contractual Service Paying AG ---- - 260,224 - ---- Total Debt Service - - 232,219 593,286 333,063 333,063 333,063 333,063 333,063 333,063 Water Division Water Operating Expenses 40-40-67-2~104 Water Salaries Salaries & Wages FIT[2] 1,109,302 1,172,728 1,287,635 1,321,700 1,374,567 1,429,550 1,486,732 1,546,201 1,608,050 1,672,372 4~7-2~105 Water Salaries Salaries & Wages PIT[2] 41,274 37,213 44,831 36,410 35,462 36,881 38,356 39,890 41,486 43,145 4~0-67-2~106 Water Salaries Salaries & Wages OIT[2] 109,519 n,557 129,680 85,673 89,100 92,664 96,370 100,225 104,234 108,403 Total Water Salaries and Wages 1,260,094 1,287,497 1,462,146 1,443,783 1,499,130 1,559,095 1,621,459 1,686,317 1,753,nO 1,823,920 Full Time Employee 22.72 24.62 24.12 25.92 25.92 25.92 25.92 25.92 25.92 25.92 PartTime Employee 3.37 2.75 2.75 2.52 2.36 2.36 2.36 2.36 2.36 2.36 4~0-67-21-4201 Water Empolyee Benefits Health Insurance 243,431 292,216 268,405 332,503 365,753 402,328 442,561 486,817 535,499 589,049 4~0-67-21-4202 Water Empolyee Benefits L~e Insurance 1,536 1,487 1,n2 1,881 1,938 1,996 2,056 2,117 2,181 2,246 4~0-67-21-4203 Water Empolyee Benefits Social Security 75,110 74,366 84,652 86,428 92,846 96,664 100,530 104,552 108,734 113,063 ~0-67-21-4204 Water Empolyee Benefits Medicare Expense 17,688 17,510 19,846 20,355 21,737 22,607 23,511 24,452 25,430 26,447 ~7-21-4205 Water Empolyee Benefits IMRF Pension 120,336 135,096 148,197 145,024 159,526 175,479 193,027 212,329 233,562 256,918 4~7-21-4212 Water Empolyee Benefits Tuition Reimbursement ------Total Water Employee Benefits 458,101 520,695 522,972 586,191 641,900 699,074 761,685 830,267 905,405 987,744 ~0-67-22-4301 Water Empolyee Expenses TravellTrai 2,878 6,420 5,347 7,255 7,473 7,697 7,928 8,168 8,411 8,663 4~0-67-22-4303 Water Empolyee Expenses Dues & Memb 6,366 7,111 7,123 7,006 7,216 7,433 7,656 7,885 8,122 8,365 4~0-67-22-4304 Water Empolyee Expenses Un~orms 8,045 8,398 9,783 22,087 22,750 23,432 24,135 24,859 25,605 26,373 Total Water Employee Expenses 17,288 21,929 22,253 36,349 37,439 38,562 39,719 40,911 42,138 43,402 ~0-67-23-4401 Water Commodities Postage 4,466 (360) 0 328 338 348 359 369 380 392 ~0-67-23-4402 Water Commodities Office Supplies 2,361 2,927 2,895 4,018 4,138 4,262 4,390 4,522 4,658 4,797 ~0-67-23-4403 Water Commodities Printing and Binding 3,998 2,815 2,580 1,341 1,381 1,422 1,465 1,509 1,554 1,601 ~0-67-23-4404 Water Commodities Periodical & Pub - 475 339 349 360 370 381 393 405 ~7-23-4408 Water Commodities Small ToolslMinor 3,068 4,056 4,664 3,606 3,714 3,826 3,941 4,059 4,181 4,306 4~0-67-23-4414 Water Commodities Other Supplies 5,895 4,249 6,664 5,052 5,203 5,359 5,520 5,686 5,858 6,032 4~0-67-23-4416 Water Commodities Photocopy Expense 688 74 104 180 185 191 196 202 208 215 4~0-67-23-4420 Water Commodities Meters 235,512 186,320 355,343 289,502 298,187 307,133 316,347 325,838 335,613 345,681 Total Water Commodities 255,990 200,080 372,706 304,366 313,497 322,901 332,589 342,566 352,843 363,428 .. -__,~_r"""r" __ Page 2015 Table 2 Waterworks and Sewerage Fund Revenue Requirements Village 01 Hoffman Estates, minois Actual Actual Actual Actual Estimate Projection Projection Projection Projection Projection ~ 2005 2006 ~ 2008 ~ 2010 2011 ~ 2013 2014 40-4~7-24-4501 Water Contract Services Telephone 60,122 64,792 69,065 80,395 82,807 85,291 87,850 90,485 93,200 95,996 4O-4~7-24-4502 Water Contract Services Electricity 40,626 45,047 91,272 93,867 96,683 99,583 102,571 105,648 108,818 112,082 40-4~7-24-4503 Water Contract Services Natural Gas 5,748 13,580 8,190 12,764 13,147 13,541 13,948 14,366 14,797 15,241 40-4~7-24-4507 Water Contract Services Professional 31,145 41,095 61,450 47,915 49,352 50,833 52,357 53,928 55,546 57,212 40-4~7-24-4509 Wmer Contract Services Equipment 3,649 4,332 4,771 5,015 5,166 5,321 5,480 5,645 5,814 5,989 4O-40~7-24-4510 Water Contract Services Maintenance 11,123 17,347 18,642 14,200 14,626 15,065 15,517 15,983 16,482 16,958 40-4~7-24-4524 Water Contract Services Maintenance 3,164 1,736 3,231 2,092 2,154 2,219 2,285 2,354 2,425 2,497 4~7-24-4526 Wmer Contract Services Maintenance 17,761 24,600 15,554 27,964 28,803 29,667 30,557 31,474 32,418 33,391 ~7-24-4527 Water Contract Services Maintenance 5,166 8,524 5,555 384,255 395,783 407,656 419,886 432,483 445,457 458,821 4~7-24-4528 Water Contract Services Maintenance 50,234 19,989 21,664 20,988 21,618 22,266 22,934 23,622 24,331 25,061 40-4~7-24-4529 Water Contract Services Maintenance 67,458 76,614 108,488 57,117 58,831 60,596 62,414 64,286 66,215 66,201 40-4~7-24-4531 Water Contract Services Maintenance 5,010 3,257 12,951 10,951 11,279 11,618 11,966 12,325 12,695 13,076 ~@j():E;t:2"~Wattlr¢Orlir~~rVjce~JA""AF'~eI'llt8i 4,69a,:228 4,48§,5~ ~,5()1;!lt#i:A,4a8;605. 4,551,000 4,8!lEi,7;,0 . 5,~i4!2. 7,067,;229 8,11lO,@ ~;~;~j~ ~7-24-4545 Water Contract Services Employee SA 7,349 7,951 8,031 6,013 6,193 6,379 6,570 6,767 6,970 7,179 4~7-24-4551 Wmer Contract Services Liability Insu 51,010 55,590 78,100 77,670 80,000 82,400 64,872 87,418 90,041 92,742 40-4~7-24-4553 Water Contract Services Wokers Com 60,250 65,160 52,040 56,680 58,380 60,132 61,936 63,794 65,708 67,679 ~7-24-4571 Water Contract Services Equipment U 53,195 73,329 105,854 97,491 100,416 103,428 106,531 109,727 113,019 116,410 40-4~7-24-4585 Water Contract Services Maintenance ~ 23,059 29,666 36,098 37,181 38,297 39,448 40,629 ~ 43,103 Total Water Contractual Services 5,188,943 5,032,538 5,196,400 5,520,081 5,613,420 5,981,023 6,421,594 8,228,164 9,375,845 10,680,948 Total Water Operating Expenses 7,180,416 7,062,741 7,576,477 7,890,768 8,105,386 8,600,655 9,177,045 11,128,225 12,430,002 13,899,442 Water Depreciation 4577 Water Contract Services Depreciation 1,075,237 1,081,817 1,130,283 1,106,443 1,139,636 1,173,825 1,209,040 1,245,311 1,282,671 1,321,151 Total Water Depreciation 1,075,237 1,081,817 1,130,283 1,106,443 1,139,636 1,173,825 1,209,040 1,245,311 1,282,671 1,321,151 Water Capital Outlay 4O-4~7-25-4602 Water Cap~al Outlay Department Equipment 12,973 11,881 17,961 27,672 27,700 27,700 27,700 27,700 27,700 27,700 4O-4~7-25-4603 Water Cap~al Outlay Wmer System Improvement - 107,276 12,610 7,190 7,200 7,200 7,200 7,200 7,200 7,200 40-4~7-25-4609 Wmer Cap~al Outlay Water System Improvement 195,202 80,385 91,624 91,600 91,600 91,600 91,600 91,600 91,600 4O-40~7-25-4628 Water Capital Outlay Other Fum & Equipment 69,090 4,022 2,306 4~7-25-4651 Water Capital Outlay Willow Creek 8,144 -- Water Capital Outlay ------(569,818) (219,863) 502,165 744,569 264,805 141,135 Total Water Capital Outlay 90,208 318,381 113,261 126,485 (443,318) (93,363) 628,665 871,069 391,305 267,635 Water Operating Transfer 40-4~7-27-4836 Water Operming Trans Out TRSFR To- 11,460 ~7-27-4837 Water Operating Trans Out TRSFR To- 12,500 29,050 4847 Water Operating Trans Out Trsfer To - - 4~7-28-4901 Cost Allocation Water Cost Allocation 242,001 259,119 288,787 411,013 423,343 436,044 449,125 462,599 476,477 490,771 Total Water Operating Transfer 242,001 283,079 317,837 411,013 423,343 436,044 449,125 462,599 476,477 490,771 Total Water Division '''~. _"c_:_:~'~·-,:_~~-,:·~ Page30f5 Table 2 Waterworks and Sewerage Fund Revenue Requirements Village of Hoffman Estates, Illinois Actual Actual Actual Actual Estimate Projection Projection Projection Projection Projection Account 2005 2006 2007 2008 2009 2010 2011 Wl 2013 2014 Sewer Division Sewer Operati ng Expenses 40-4D-68-2~104 Sewer Salaries Salaries & Wages FIT 531,493 551,606 601,596 659,212 685,581 713,004 741,524 771,185 802,033 834,114 4~D-68-2~1 06 Sewer Salaries Salaries & Wages OIT 22,509 37,282 43,080 38,591 40,135 41,740 43,410 45,146 ~ 46,830 Total Sewer Salaries & Wages 554,003 588,888 644,676 697,803 725,715 754,744 784,934 816,331 848,984 882,944 Full Time Employee 10.02 9.62 10.12 11.32 11.32 11.32 11.32 11.32 11.32 11.32 PartTime Employee 4~0~8_21-4201 Sewer Benefits Health Insurance 117,721 133,856 124,770 160,489 176,537 194,191 213,610 234,971 258,469 284,315 4~~8_21-4202 Sewer Benefits Life Insurance 718 694 834 895 921 949 977 1,007 1,037 1,068 4~D-68-21-4203 Sewer Benefits Social Security Expe 33,290 33,448 37,597 41,282 44,994 46,794 46,666 50,613 52,637 54,743 4~D-68-21-4204 Sewer Benefits Medicare Expense 7,817 7,851 8,836 9,701 10,523 10,944 11,382 11,837 12,310 12,803 4~~8_21-4205 Sewer Benefits IMFR Pension 54,882 62,274 67,199 70,382 77,420 85,162 93,678 103,046 ~ 124,666 Total Sewer Benefits 214,428 238,123 239,238 282,747 310,396 338,040 368,313 401,474 437,803 477,614 4~~-22-4304 Sewer Employee Expense Uniform . . 234 ------234 ~~8_23_4408 Sewer Commodities Small ToolslMinor ~ 3,067 1,874 2,762 2,845 2,930 3,018 3,109 ~ 3,298 Total Sewer Commodities 1,995 3,067 1,874 2,762 2,845 2,930 3,018 3,109 3,202 3,298 4~24-4501 Sewer Contract Serv. Telephone Exp. 15,041 15,543 16,373 15,050 15,502 15,967 16,448 16,939 17,448 17,971 4~24-4502 Sewer Contract serv, Electricity Exp. 66,429 79,122 98,463 117,578 121,106 124,739 128,461 132,335 136,305 140,395 4~8_24-4507 Sewer Contract ServoProfessional 7,500 4,656 20,922 10,375 10,686 11,006 11,337 11,677 12,027 12,388 4~8_24-4510 Sewer Contract ServoMaintenance 8,046 8,514 9,337 11,701 12,052 12,414 12,786 13,170 13,565 13,972 4~24-4524 Sewer Contract Servo Maintenance 2,845 991 2,277 2,738 2,820 2,905 2,992 3,082 3,174 3,269 4~D-68-24-4525 Sewer Contract Servo Maintenance 46,290 82,049 137,991 52,704 54,285 55,914 57,591 59,319 61,098 62,931 ~D-68-24-4530 Sewer Contract Servo Maintenance 76,673 85,426 56,289 63,961 65,880 67,856 69,892 71,989 74,148 76,373 ~D-68-24-4541 Sewer Contract Servo Sewer Backup 6,211 2,774 18,831 10,816 11,140 11,475 11,819 12,174 12,539 12,915 4~D-68-24-4551 Sewer Contract Servo Liability Insurance 24,670 24,180 36,560 34,270 35,298 36,357 37,448 38,571 39,728 40,920 ~8_24-4553 Sewer Contract Servo Wokers Compo 29,140 28,340 24,360 25,010 25,760 26,533 27,329 28,149 28,993 29,863 Total Sewer Contractual Services 282,845 331,596 421,403 344,203 354,530 365,165 376,120 387,404 399,026 410,997 Total Sewer Operating Expenses 1,053,070 1,161,674 1,307,425 1,327,516 1,393,486 1,460,880 1,532,386 1,608,318 1,689,016 1,774,853 Sewer Capital Outlay 4~8_25-4602 Sewer Capital Outlay Department Equipment 22,127 17,911 19,952 18,330 4~25-4608 Sewer Capital Outlay Sanitary Sewer Improvement 124,822 319,083 109,677 160,511 4~D-68-25-4628 Sewer Capital Outlay Other Furn & Equipment 1,141 2,202 1,757 944 Sewer Capital Outlay .. (569,818) 161,598 34,580 (4,915) 75,304 (215,556) Sewer Cap Outlay Roselle Road Widen Sewer Cap Outlay Other Turn & Equip ------Total Sewer Capital Outlay 148,090 339,196 131,386 179,785 (569,818) 161,598 34,580 (4,915) 75,304 (215,556) _---'--.~.__. ·",··:' ..···L' Page 4 of 5 Table 2 Waterworks and Sewerage Fund Revenue Requirements Village of Hoffman Estates, Illinois Actual Actual Actual Actual Estimate Projection Projection Projection Projection Projection ~ 2005 ~ 2007 ~ 2009 2010 zsu 2012 2013 2014 Sewer Operating Transfer 4~Q.68-28-4901 Cost Allocation Water Cost Allocation 141,256 143,159 161,903 308,797 318,061 327,603 337,431 347,554 357,981 368,720 Total Sewer Operating Transfer 141,256 143,159 161,903 308,797 318,061 327,603 337,431 347,554 357,981 368,720 Total Sewer Division 1,342,416 1,644,029 1,600,714 1,816,098 1,141,729 1,950,081 1,904,397 1,950,956 2,122,301 1,928,018 Water Billing Division Water Billing Operating Expenses 4Q-40-7o-2~104 Water Billing Salaries Salaries & Wages 73,114 94,131 94,915 102,508 105,583 108,750 112,013 115,373 118,835 122,400 4~o-7o-2~105 Water Billing Salaries Salaries & Wages 55,700 39,102 48,304 45,173 48,529 47,924 49,362 50,843 52,368 53,939 4~o-7o-2~106 Water Billing Salaries Salaries & Wages ~ 1,272 1,250 2,177 2,243 2,310 2,379 ~~ 2,600 Total Water Billing Salaries & Wages 129,355 134,505 144,469 149,858 154,354 158,985 163,754 168,667 173,727 178,939 4~o-7o-21-4201 Water Billing Benefits Health Insurance 23,499 35,534 35,179 35,254 38,779 42,657 48,923 51,615 56,777 62,454 4~o-7o-21-4202 Water Billing Benefits Life Insurance 84 83 129 129 133 137 141 145 150 154 4~o-7o-21-4203 Water Billing Benefits Social Security 7,849 8,460 9,022 9,319 9,570 9,857 10,153 10,457 10,771 11,094 4~o-7o-21-4204 Water Billing Benefits Medicare Expense 1,836 1,979 2,110 2,179 2,238 2,305 2,374 2,448 2,519 2,595 ~o-7o-21-4205 Water Billing Benefits IMRF Pension ~ 10,544 10,967 11,112 12,223 13,445 14,789 ~~ 19,685 Total Water Billing Benefits 42,370 56,599 57,407 57,993 62,943 68,401 74,381 80,932 88,112 95,982 4~0-7o-22-4304 Water Billing Commodities Uniforms 549 405 567 532 548 564 581 598 616 635 4Q-40-7o-23-4401 Water Billing Commodities Postage 61,001 70,164 80,899 72,039 74,200 76,426 78,719 81,081 83,513 86,018 4Q-40-7o-23-4403 Water Billing Commodities Printing 1,893 2,599 2,144 1,817 1,871 1,928 1,985 2,045 2,106 2,169 4~o-7o-23-4414 Water Billing Commodities Other Supplies 333 516 602 735 757 779 803 827 852 877 ------Total Water Billing Commodities 63,776 73,685 84,213 75,122 77,376 79,697 82,068 84,551 87,087 89,700 4~o-7o-24-451 0 Water Billing Contract Service Maintenance 13,762 14,133 16,260 12,648 13,026 13,416 13,819 14,233 14,660 15,100 ~o-7o-24-4542 Water Billing Contract Service Other Con 35,200 37,163 40,632 41,917 43,175 44,470 45,804 47,178 48,594 50,052 ~o-7o-24-4543 Water Billing Contract Service Paying Agent ------4~o-7o-24-4553 Water Billing Contract Service Workers Com. ---- 310 310 319 329 339 ~ 359 370 Total Water Billing Contractual Servo 48,962 51,296 57,202 54,874 56,520 58,215 59,962 61,761 63,614 65,522 Total Water Billing Operating Expenses 284,464 316,085 343,291 337,847 351,193 365,298 380,185 395,910 412,539 430,142 Water Billing Capital OuUay ~o-7o-25-4602 Water Billing Capital Outlay Department . - (1,250) 4~o-7o-25-4628 Water Billing Capital Outlay Other Fum ---- 1,412 313 4,554 Total Water Billing Capital Outlay - 1,412 313 3,304 Water Billing Operating Transfer ~o-7o-28-4901 Cost Allocation Water Cost Allocation 369,317 370,884 400,195 405,447 417,611 430,139 443,043 456,334 470,024 464,125 Total Water Billing Operating Transfer 369,317 370,884 400,195 405,447 417,611 430,139 443,043 456,334 470,024 484,125 Total Water Billing Division 653,781 688,381 743,799 746,598 768,803 795,437 823,228 852,244 882,564 914,268 .L._. _~_._~_:"::-~ ...:_;,...:..i~~~:':--:~. Page 5 of5 Table 2 Waterworks and Sewerage Fund Revenue Requirements Village of Hoffman Estates, Illinois Actual Actual Actual Actual Estimate Projection Projection Projection Projection Projection ~ 2005 2006 2007 ~ 2009 2010 ~ 2012 2013 ~ Debt Service and Capital Projects Expenses Division Debt Service Expenses 40-40-72-24-4543 Debt Service Contract Service Paying Agent 250 40-40-72-2~703 Debt Service -Debt Service Interest 259,974 ------Total Debt Service Expenses 260,224 Capital Projects Expenses 40-40-73-254009 Capital Proj Cap. Outlay Water Sys 2,375 40-40-73-2~705 Cap Proj Cost of Issuance Cost of Issuance 4O-4Q-73-2~707 Cap Proj Cost of Issuance Issuance Bond Disc (79,246) 40-40-73-2~709 Cap Proj Cost of Issuance Amortization 4,625 ------Total Capital Projects Expenses (72,247) Total Debt Service and Capital Projects Expenses Division 187,977 Total Waterworks & Sewerage Fund Revenue Requirement 10,584,059 11,078,429 11,714,590 12,878,670 11,468,642 13,195,742 14,524,563 16,843,468 17,918,381 19,154,347 Notes: 1 Expense general rate of increase 3% except as follows: 2 Salaries and wages 4.0% annual increase. 3 Health insurance 10% annual increase. 4 Social security 6.2% of total salaries and wages. 5 Medicare expenses 1.45% of total salaries and wages. 6 IMRF pension expenses 10% of total salaries and wages. 7 JAWA payments projected water purchase and projected water rate from JAWA as follows: Projected water purchase in 1,000 gallons 2,091,592 1,890,763 1,951,391 1,849,948 1,850,000 1,886,768 1,897,660 1,910,062 1,922,463 1,931,091 Projected JAWA water rate $ per 1,000 gallons -$ 2.46$ 2.59 $ 2.79 $ 3.70 $ .. 4.2S $. 4_89 'I $f,0ll?,~ ~,449,312 Projected total JAWA cost ($) $ 4,551,000 $ 4,886,730 $ 5,294,472 m l8,180,082 $ 8 Net revenue requirements for capital improvements is capital improvements less funding from current year depreciation. Page 1 of2 Table 7 Adequacy of Revenues Under the Proposed Rates Village of Hoffman Estates, Illinois Estimate Projection Projection Projection Projection Projection Account 2009 2010 2011 2012 2013 2014 Summary Revenue Requirement Debt Service Division Debt Service 333,063 333,063 333,063 333,063 333,063 333,063 Total Miscellaneous 333,063 333,063 333,063 333,063 333,063 333,063 Water Division Operating Expenses 8,105,386 8,600,655 9,177,045 11,128,225 12,430,002 13,899,442 Depreciation [1] 1,139,636 1,173,825 1,209,040 1,245,311 1,282,671 1,321,151 Capital Outlay (443,318) (93,363) 628,665 871,069 391,305 267,635 Operating Transfer 423,343 436,044 449,125 462,599 476,477 490,771 Total Water Division 9,225,047 10,117,161 11,463,875 13,707,204 14,580,454 15,978,999 Sewer Division Operating Expenses 1,393,486 1,460,880 1,532,386 1,608,318 1,689,016 1,774,853 Capital Outlay (569,818) 161,598 34,580 (4,915) 75,304 (215,556) Operating Transfer 318,061 327,603 337,431 347,554 357,981 368,720 Total Sewer Division 1,141,729 1,950,081 1,904,397 1,950,956 2,122,301 1,928,018 Water Billing Division Operating Expenses 351,193 365,298 380,185 395,910 412,539 430,142 Capital Outlay Operating Transfer 417,611 430,139 443,043 456,334 470,024 484,125 Total Water Billing Division 768,803 795,437 823,228 852,244 882,564 914,268 Debt Service Expenses Total Debt Service Expenses 1] c Capital Projects Expenses Total Capital Projects Expenses Total Revenue Requirements 11,468,642 13,195,742 14,524,563 16,843,468 17,918,381 19,164,347 Base Charge ($ per month) 5/8" 4.75 4.75 4.75 4.75 4.75 4.75 3/4" 5.00 5.00 5.00 5.00 5.00 5.00 1" 6.00 6.00 6.00 6.00 6.00 6.00 1 1/2" 8.50 8.50 8.50 8.50 8.50 8.50 2" 11.50 11.50 11.50 11.50 11.50 11.50 3" 21.00 21.00 21.00 21.00 21.00 21.00 4" 33.50 33.50 33.50 33.50 33.50 33.50 6" 73.50 73.50 73.50 73.50 73.50 73.50 8" 128.50 128.50 128.50 128.50 128.50 128.50 10" 193.50 193.50 193.50 193.50 193.50 193.50 12" 296.00 296.00 296.00 296.00 296.00 296.00 vault (2") 11.50 11.50 11.50 11.50 11.50 11.50 Water Commodity Rate ($/1,000 Gal.) 4.10 4.38 4.67 6.79 6.72 7.46 Sewer Commodity Rate ($/1,000 Gal.) 0.93 0.96 0.98 1.01 1.04 1.07 Total Commodity Rate ($/1,000 Gal.) 6.03 6.33 6.66 6.81 7.76 8.63 Incrementallncr. Combined Commodity Rate ($/1,000 Gal.) 0.28 0.30 0.32 1.16 0.96 0.77 Page 2 of2 Table 7 Adequacy of Revenues Under the Proposed Rates Village of Hoffman Estates, illinois Estimate Projection Projection Projection Projection Projection Account 2009 2010 Wi 2012 .wl 2014 Adequacy of Water Revenues Under the Proposed Rates Water Revenues 9,100,490 9,630,924 10,174,819 12,161,601 13,815,698 15,077,216 Water Revenue Requirements Debt Service Division Debt service 333,063 333,063 333,063 333,063 333,063 333,063 Water Division Operating Expenses 8,105,386 8,600,655 9,177,045 11,128,225 12,430,002 13,899,442 Depreciation Expenses [1] 569,818 586,913 604,520 622,656 641,335 660,575 Capital Ouday (443,318) (93,363) 628,665 871,069 391,305 267,635 Operating Transfer 423,343 436,044 449,125 462,599 476,477 490,771 Water Billing Division Operating Expenses 351,193 365,298 380,185 395,910 412,539 430,142 Capital Outlay Operating Transfer 417,611 430,139 443,043 456,334 470,024 484,125 Total Water Rev. Req'ment 9,757,095 10,658,746 12,015,646 14,269,656 15,154,745 16,565,754 Surplus (Deficit) (656,605) (1,027,824) (1,840,827) (2,108,256) (1,339,047) (1,488,538) Surplus (Deficit) $/1,000 Gal. (0.38) (0.62) (1.10) (1.26) (0.79) (0.88) Adequacy of Sewer Revenues Under the Proposed Rates Sewer Revenues 2,605,785 2,670,976 2,726,060 2,796,661 2,657,162 2,864,647 Sewer Revenue Requirements Sewer Division Operating Expenses 1,393,466 1,460,880 1,532,366 1,608,316 1,669,016 1,774,853 Depreciation Expenses [1] 569,618 566,913 604,520 622,656 641,335 660,575 Capital Outlay (569,616) 161,596 34,560 (4,915) 75,304 (215,556) Operating Transfer 316,061 327,603 337,431 347,554 357,961 366,720 Total Sewer Rev. Req'ment 1,711,547 2,536,994 2,506,917 2,573,612 2,763,637 2,566,593 Surplus (Deficit) 894,238 133,984 217,163 223,269 93,626 296,064 Surplus (Deficit) $/1,000 Gal. 0.52 0.08 0.13 0.13 0.06 0.17 Adequacy of Water and Sewer Revenues Under the Proposed Rates Water and Sewer Revenues 11,706,275 12,301,902 12,900,899 14,958,482 16,672,660 17,961,663 Water and Sewer Rev. Req'ments 11,466,642 13,195,742 14,524,563 16,843,466 17,918,361 19,154,347 Surplus (Deficit) 237,633 (893,840) (1,623,664) (1,884,986) (1,245,521) (1,192,484) Surplus (Deficit) $/1,000 Gal. 0.14 (0.54) (0.97) (1.12) (0.74) (0.70) Revised Cash and Investment Beginning of Year 8,404,821 8,642,454 7,748,614 6,124,950 4,239,964 2,994,443 Current Year Depreciation Not Expended Revised Cash and Investment End of Year 8,642,464 7,748,614 6,124,960 4,239,964 2,994,443 1,801,959 Notes: 1 Depreciation expenses split 50% water and 50% sewer for rate development. 2011 NOV & DEC MONTHLY REPORT Contents SPS Monthly Review 2 Technical Support Hardware & Software Activities 5 Total Work Orders by Priority by Month 7 Toner Usage by Department. 9 System and Data Functions 10 Virus and Spam Report 11 Internet Traffic Analysis for Hoffman Estates 12 WEBQA Hoffman Estates, IL System 2011 Summary 14 SPS Monthly Review ASP Implementation The CommunityPLUS Model was completed and deployed on December 6. After evaluating, we found that our custom fields are missing from the model. SunGard was notified and they are to correct the problem as soon as possible. In the meantime, we continue to learn the reporting applications and rewrite reports. Electronic Ticketing (APS) We continue to have issues with the file format for the interface to SunGard. After SunGard evaluated the test file from APS, we identified several fields that are not being populated with the table data we provided to APS. Another problem identified by the police officers testing the software is that the wrong court dates are being entered on the electronic tickets. We had a conference call with APS at the beginning of December to discuss the solutions for these issues, and they said they would be fixing all the issues with one software update. To date, they have not completed that update. SunGard Training Facilitated five sessions of WebEx training for SunGard applications including the EFT process for FinancePLUS, Year, and four sessions on Fiscal Year-End and Calendar Year End Processing in Fund Accounting and Human Resources. Miscellaneous • Assisted Help Desk personnel by answering calls and resolving problems that occurred after the upgrade to Outlook 2010. • It was necessary to reinstall Cognos for several users that were experiencing problems after the time change to Daylight Savings Time. This is a known issue between the version of Cognos that we are currently running and Windows 7. • Attended two meetings for the newly formed "Into the Future" Committee. Our goal is to brainstorm innovative technological solutions that will provide improved services to our community, using existing technologies or low-cost solutions. To this end, created and demonstrated several on-line SunGard applications that would cost us no additional money. They include the eGov Inspector Portal, which would enable inspectors to pull up their scheduled inspections for a given day and enter results of that inspection from the location of the inspection. They would also be able to enter new Code Enforcement violations when discovered while out in the field doing inspections. Other on-line applications include Permitting and Business License applications. Another demonstration was of the Employee Access Center, which is going to be available once we are live in the ASP environment. This application provides a portal for employees to check their leave taken and balances, option their W2s electronically, and submit changes in withholding and address and dependent information. • Provided citation and entity training classes as well as.ongoing monitoring for a new front counter staff member. • Continue assisting with citation entry on a weekly basis. • Met with Development Services to discuss the best way to accomplish providing on-line Garage Sale Permits to our residents. After this meeting it was determined that WebQA was the best product to use at this time. • While modifying WebQA access for a user that had switched to another department, we discovered that there were many blank FOIA requests where the customer information was the IS Department Monthly Report Page 2 of 14 same as that on existing FOIA requests. The details were sent to WebQA support staff and they were able to determine that the cause was from a bad link on the Clerk's FOIA request page. The information was forwarded to Doug Schulz who was able to correct the link. • Completed the setup necessary for BOOT citations. • Assisted Finance Department staff to correct several issues in the Cash Receipts Interfaces and the correction of cash receipts entered incorrectly. • Installed and deployed the W2 and 1099 software updates for 2011 in preparation for Year-End Processing. • Provided overview of Lien Processing in CommunityPLUS for the Deputy Village Clerk. • Developed the process using WebQA that will allow residents to request garage sale permits online. Front Counter staff will be notified via email when a request is submitted by a resident. After verifying that the request meets the required criteria, they will enter the permit in SunGard and respond to the resident via email with an attached permit. eGovPLUS By the end of the year, we had 2,797 active Utility Billing accounts with eGov user accounts. In fact, 19% of active Utility Billing accounts are activated for eGov. From inception to the end of 2011, 2,978 eGov accounts have been activated. December saw a large increase in the number of payments made using eGov, 146, and the highest total of payments made since inception at 1,292. This number of payments is 70 more than the previous high set in January of 2011. New Users by Month 120 IS Department Monthly Report Page 3 of 14 eGov UB Payments by Month 1300 1250 1200 1150 1100 1050 1000 Jan Feb March April May June July Aug Sept Oct Nov Dec Month Total 1232 1167 1223 1140 1098 1134 1151 1157 1197 1121 1146 1292 0 ...... <, <, ...... <, ...... <, ...... <, ...... <, <, .... 00 Lf'l N "0)- Y:l lYl 0 lYl 0 o::t .... 00 Lf'l N en ...... N N ...... NN <, ...... N ...... <, .... NN en "0)- <, <, ...... 0 ...... <; <," ...... " ...... NN ...... <; en en en .... 0.... 0.... 0...... N.... NN...... IS Department Monthly Report Page 4 of 14 Technical Support Hardware & Software Activities Project - Public Safety Wireless P18, has been testing one of the Verizon wireless cards for almost a month. Results of our testing show the card operating nominally with the officer assigned that car/laptop combination utilizing cards full network capabilities from almost anywhere in the village. At the conclusion of the test period at the end of November, we began to activate the remaining Verizon cards and start to deploy them to the remaining patrol vehicles. We estimate that all of the patrol vehicles will be complete by lateJanuary. Project - Cell phone/Blackberry replacement The IS department coordinated the replacement of approximately 160 Verizon cell phones over the course of three days. The Motorola Barrage was upgraded and replaced by the Contour and the RIM Blackberries were replaced by the Apple IPhone. The iPhone can function as a video camera, a camera phone, a portable media player, and an Internet client with email and web browsing capabilities, can send texts and receive visual voicemail, and has both Wi-Fi and 3G connectivity. The user interface is built around the device's multi-touch screen, including a virtual keyboard rather than a physical one. Users can also access third-party as well as Apple application software available from the App Store. By replacing the Blackberries with IPhones the need to go through a separate server for email and texting was no longer necessary and the Blackberry Enterprise Server shut down and removed from service. Project - Office 2010 upgrade An upgrade of the Village's Microsoft Office productivity suite from Office 2007 to Office 2010 was completed in November. Microsoft Office 2010 is more "role-based" than previous versions. There are features tailored to employees in "roles such as research and development professionals, sales people, and human resources." New features also include a built-in screen capture tool, a background removal tool, new SmartArt templates and author permissions. The 2007 "Office Button" was replaced with a menu button that leads to a full window file menu, known as Backstage View, giving easy access to task-centered functions such as printing and sharing. A modified Ribbon interface is present in all Office applications, including Office Outlook, Visio, OneNote, Project, and Publisher. Office applications also have functional jump lists in Windows 7, which would allow easy access to recent items and tasks relevant to the application. Project - Exchange Server 2010/0utlook 2010 An upgrade of the Village's email server from Exchange 2007 to Exchange 2010 was completed in November. While many of the features and benefits of upgrading to Exchange 2010 take place in the server and administrative realms, the upgrade to Outlook 2010 did bring benefits to the users as well. The new ribbon interface has been implemented to tie in with all of the Microsoft Office products, contact cards to show pop up details of all message participants from Global Address List or user contact records, grouping of conversations improved - includes messages from all folders, and optionally from separate accounts. There is also an improved To-Do bar, showing how many appointments are not shown when space is limited. IS Department Monthly Report Page 5 of 14 Technical Meeting - NWCO (November) IS department staff attended the bi-weekly meeting at Northwest Central Dispatch Center in November and December. In November ID Networks continued to work with 911 personnel to configure the system. They also laid out a tentative schedule for the next two months. 1. There was a mobile Data meeting on 11/22 2. Training of personnel on the system began. 3. December is the ironing out phase. 4. January is train the trainer. 5. March is Go-Live -West Net and US Digital are presenting a demo of their products on the 1st and 2nd of December. -ADT agreement has been approved for the next 10 years. -The radio replacement project continues with the hardware order being placed in December. It will be staged in Schaumburg and they expect of fourth quarter 2012 turn up. In December IDN confirmed the go live date of 3/6/2012 for the system. There would be no dual running of the two systems. Training for Fire would be handled by Dave Schultz, an ex-firefighter hired by IDN. He addressed the group and discussed scheduling for each department. IDN is also asking those officers at each agency who are familiar with the Police Mobile take a hand in training their agencies officers. However, Angie Pape and Pat Foster will be scheduling formal training during January and February. They will also be completing the Mobile desktop installation instructions. Technical Meeting - 10 Networks Beginning around the middle of November IS department staff has been attending WebEXjConference calls with IDN staff. These calls are designed to give all agencies up to date information on the upcoming CAD rollout. Announcement John Peebles celebrated his 10th anniversary with the Village. IS Department Monthly Report Page 6 of 14 1 . i = Total Work Orders by Priority byMonth Month 11/2011 1 - Urgent 45 2 - High 39 3- Medium 28 4- Normal 32 Project 7 Scheduled Event 10 Vendor intervention required 5 Total for Month 166 Month 12/2011 1 - Urgent 38 2 - High 38 3 - Medium 25 4- Normal 22 Project 2 Scheduled Event 5 Vendor intervention required 1 Total for Month 131 240 200 December 2011 (ft... November 2011 C1J October 2011 'E 160 0 i September 2011 ~... • August 2011 120 • July 2011 ~ • June 2011 'a May 2011 C1J ~ 80 • April 2011 C1J 0. • March 2011 E • February 2011 0 40 • January 2011 U 0 Month IS Department Monthly Report Page 7 of 14 Work Order Trends by Type 280 240 • Helpdesk 200 • CommunityPLUS 160 • G.I.S. • Cognos 120 FinancePLUS 80 • GovQA 40 • SPS o Type Completed Work Orders by Location 180 160 140 120 100 80 60 40 20 0 «.,<.'" IS Department Monthly Report Page 8 of 14 Toner Usage byDepartment The following chart shows the toner usage for the month of November and December, 2011. The cost of toner usage totals approximately $1624 for the period. The cost associated with these replaced toner cartridges is displayed below by geographical location: Amount spent on toner by location IS Department Monthly Report Page 9 of 14 System and Data Functions Disk Usage o Firehouse 500 450 • Beast 400 a:l 350 I.!:I .5 300 GJ ~ 250 Public Sector 200 Firehouse, 3.78 150 Beast, 1.78 100 ID Networks, 29.8 50 o User, Department and Application file§QL E-Mail Publicsafety SQL ISDepartment Monthly Report Page 10 of 14 Virus and Spam Report Email: For the months of November and December, our barracuda anti-spam and virus filter has blocked more than 230,000 of unsolicited emails from entering our email system. 200,OO(l····· 150,000 100,000 50,000 o Jan Feb Mar April May June July Aug Sep Oct Nov Dec Internet Security: The Village of Hoffman Estates has 2 Sentinel Security devices that monitor all incoming and outgoing internet traffic looking for possible intruders trying to gain access on our computer network. These devices blocked over 8000 attacks for the month. if. DlStohtl Att.a¢ks (;.:' . ", .. ' .. , .' "' ;.'.. :0:,,,,'.' .: :'~;~f'>': • NIU Total· Attacks o .....~~ «.~ ~q} ~-Q"" ~~~ ...... ;:,~ .....~ ~.;:,~ e.,~-Q o(} ~o~ <::)~v IS Department Monthly Report Page 11 of 14 Internet Traffic Analysis for Hoffman Estates System: Village-of-Hoffman-Estates Description: Village-of-Hoffman-Estates ifType: ethernetCsmacd (6) ifName: Gi1/0/5 Max Speed: 40 Mbits/s The statistics were last updated Tuesday, 10 January 2012 at 13:45, at which time 'HE00126-G-S.eng.niu.edu' had been up for 22 days, 23:30:59. Daily Graph (5 Minute Average) 10.0 M "U ':.•. ': :' :: =,. ::. l: ; ~ ~ 0o 7.5 M III (I) '- 5.0 M IIIa. (I) 2.5 M ....+-' ID Weekly Graph (30 Minute Average) 7.2 M "U l: o0 5.4 M III (I) s, 3.6 M IIIa. (I) 1.8M ....+-' ID 0.0 M ~lJr.tII"~..Ifl8~IIIld!'IoJ~iIIIIIli.rJl4~-.l.!~...~~-:~,--.!t~IlL.:k:d. Tue Mon Sun Sat Fri Thu Wed Tue Mon Max Average Current In 850.6 kb/s (0.9%) 131.6 kb/s (0.1%) 403.0 kb/s (0.4%) Out 7043.9 kb/s (7.0%) 1053.1 kb/s (1.1%) 2902.8 kb/s (2.9%) IS Department Monthly Report Page 12 of 14 Monthly Graph (2 Hour Average) 5.2 M "'tl C 0 0 3.9 M OJ (/? L 2.6 M r •••••··.··.··1· ••.••.•• ·•····•.·····••·••·······.··.·..··1·· a.OJ (h 103M ..~...... +' lD 0.0 M Week 01 Week 52 Week 51 Week 50 Week 49 Max Average Current In 3926.8 kb/s (3.9%) 125.9 kb/s (0.1%) 232.0 kb/s (0.2%) Out 5008.4 kb/s (5.0%) 913.1 kh/s (0.9%) 1743.6 kb/s (1.7%) Yearly Graph (1 Day Average) 4000.0 k T""T"---:--"""'!'"""---:--....,...--~-.,....--;-----;;------,.-----;---r-"""'!'"""--r-----"T "'tl {::::::C ··t.r··Lr·rr·j.r.t·r .....••.••.•.. 21000.0 k -h'~lf\llj'lj .. ...,. . . . , ...... rn Dec Nov Oct Sep Aug Jul Jun Ma~ Apr Mar Feb Jan Dec Max Average Current In 424.8 kb/s (0.4%) 95.5 kb/s (0.1%) 181.3 kb/s (0.2%) Out 3969.8 kb/s (4.0%) 810.6 kb/s (0.8%) 1176.5 kb/s (1.2%) GREEN ### Incoming Traffic in Bits per Second BLUE ### Outgoing Traffic in Bits per Second ISDepartment MonthlyReport Page 13 of 14 WEBQA Hoffman Estates, IL System 2011 Summary Between 1/1/2011 and 12/31/2011, 6405 visitors to your WebQA Action Center viewed 74584 pages. They reviewed 11820 answers and submitted 68 questions and 4682 service requests. According to Gartner, email and phone inquiries cost an estimated $4.50. Each request submitted online only costs $.50. This results in a savings of $4.00 for every question and request submitted online. Based on these statistics, your total savings for this period is $72,190.00. Savings Summary - 1/1/2011 - 12/31/2011 Answers Viewed - No Intervention: $53,190.00 Total AnswersViewedX $4.50 Questions Submitted: $272.00 Questions Submitted X $4.00 Service Requests Submitted: $18.728.00 Service Requests Submitted X $4.00 Total Savings: $72,190.00 System Activity Answers Suggested Answers Viewed FAQ Searches Questions Asked Questions Submitted Requests Submitted Top Pages .. Support Home Page: 13877 ... Answer Detail Page: 11820 • Service Request Login Page: 7897 Customer Login Page: 6620 • FAQ Page - Initial Screen: 6077 • Service Request Select Type Page: 5224 • Find Answers - Answer Print Page: 4197 ... Customer Home Page: 3174 • Create Customer Account Page: 2410 All other pages: 13288 Gordon F. Eaken, Director of Information Systems IS Department Monthly Report Page 14 of 14 VILLAGE OF HOFFMAN ESTATES Memo TO: Finance Committee FROM: Mark Koplin, Assistant Village Manager-Development Services RE: OWNER'S REPRESENTATIVE MONTHLY REPORT FOR JANUARY DATE: January 20,2012 1. Drafted a memo presenting and summarizing the customer feedback from the Zac Brown concert for the benefit ofthe Trustees. 2. Meetings with the promoter ofthe Cheerleading events to determine how the event could be run smoother next time and to underscore the importance ofthis event for our business community. 3. Attended several Chicago Express hockey games to observe concessions during the dollar promotion. Also, several discussions and meetings with Levy regarding improving service during the dollar promotion Fridays. 4. Coordinated with General Government intern regarding sale of surplus items at the Village auction. 5. Attended community skate on December 28, to observe. 6. Coordination with SCA staff regarding installation of a fiber optic internet connection to provide redundant service and ensure that the ticketing system remains active at all times. 7. Scheduled the annual meeting with George Manias from Front Row Marketing to review the calculations of Front Row Marketing's annual commission based on sales throughout the year. 8. Continued discussions with Global Spectrum and Levy regarding the promotion and the Friday night "dollar"lines and availability of product at the concession stands for the Express games. 9. Finalization and presentation of the proposed 2012 budget at the Finance Committee meeting. 10. Conducted weekly meetings with Ben Gibbs to discuss bookings, holds, and operational items. 11. Continued coordination with Public Works and SCA staff to activate additional ADT alarms on perimeter doors. ADT's proposal includes motion detectors to insure surveillance, and adding key pads/swipe pads at several additional doors. - 2 - 12. Final tabulation of hours expended throughout 2011 by Village staff related to work performed as the monetary value ofthese services will be factored into the calculation of the Global Spectrum variable fee for 2011. 13. The Village responded with comments on the draft agreement submitted by American Tower to install a "DAS System" to allow multiple cell phone companies to enter into leases to boost the internal service at the SCA for their customers. This proposal will be scheduled for a future Finance Committee meeting. Mark Koplin Assistant Village Manager Department ofDevelopment Services Attachments MAK/kr cc: 1. Norris M. DuCharme Ben Gibbs (Global Spectrum) Sears Centre Arena General Manager Update t-Erttftlm(1"'Ff,lflr~Y~flii~~~1~~~L!$1~1~~~~~~~§(J_~~i!t?~: Dec 2 - 4: IRCA Dec 6: RobertMITis Bball Dec 7: Hockey Dec 9: Hockey Dec 10:MMAFighting Dec 14:Hockey Dec 16:Hockey Dec 17:Robert MorrisBball Dec 21-22: WWERehearsal Dec 28: OpenHouse Dec 30: Hockey Dec 31: Hockey Jan 1: Hockey Jan 6: Hockey Jan 7: Hockey Jan 13/14:Arenacross Jan 17:Robert MorrisBball HighSchoolHoop Classic (Jan), PCB (Feb),Cirque(Feb),Rock and WorshipConcert(Feb), Monster Nationals(March),Great lakes Cheer(March), Circus (April), Dare2 Share (April), EricChurch Concert(May), Chicago Express Hockey(Variousdates),Chicago OtherConfirmedEvents SlaughterFootball (VariousDates), BigTen Women'sTournament (2013& 2015) ECHL Hockey Support YTD, Express Hockey has sold 75% more tickets then Chicago Hounds. New suite sales have reach nine since the new suite sales campaign was initiated In Premium Suite SalesCampaign October. Big Ten Tournament Planning General Positions to Fill Third Party Providers Village Support General Gtab>p's~j~'s'b~P'atthfl!1~Ijt(~!~~C~~Y;'~;;~~f0@';, .. General Eric Church Concert nearly sold out for inividual suite sales. George Manias was on-site to finalize commission for past fiscal. ..-.....)~ seal'S)Centre Arena Event Announcement What: 15TH AnnualHigh School Hoops Showdown When: Date Event Start Time(s) SATURDAY DOORS: 3:30PM JANUARY 21 EVENT START: 4:30PM 2012 Where: Sears Centre Arena Tickets: Ticketed: ADULTS - $13 STUDENTS (18 AND UNDER) - $11 On Sale: MONDA~ DECEMBER 5 @lO:OOAM Marketing: Website & Marquee Parking: $5 Levy: Concessions SCA Event Mgr: TBD Event Contact: INTEGRITY GROUP Bob Rylko (630)335-9474 Cell [email protected] "-...... )~ Sea..s\Centre I Arena 2012 Event Announcement What: The Rock & Worship Roadshow When: Date Start Event Start Time(s) (incl. Load In) 2/2/12 8:00am Load In DOORS: 5:30pm EVENT START: 7:00PM EVENT END: 10:30PM Load Out Where: Sears Centre Arena Tickets: Non-Ticketed / $10 at door cash donation On Sale: Now Marketing: Website & Marquee www.therockandworshiproadshow.com Parking: $10 Levy: Concessions SCA Event Mgr: Erin Sweeney Event Contact: Ed Lomnicki /Shane Merrill Edan Concerts Phone: 630-833-3733 Email: [email protected]/[email protected] Notes: Comp: Yes ..e)... sears) Centre Arena Event Announcement What: ERIC CHURCH- The Blood, Sweat & Beers Tour Special Guests: Brantley Gilbert & Blackberry Smoke When: Date Event Start Time(s) FRIDAY DOORS: 6:30PM MAY 11 2012 EVENT START: 7:30PM Where: Sears Centre Arena Tickets: Ticketed: PL1 VIP GA FLOOR - $45.50 PL2 RESERVED - $39.75 On Sale: SATURDAY, JANUARY14@10:00AM Presale: FRIDA Y, JANUARY13 @ 10:00AM Marketing: Website & Marquee Parking: $20 Levy: Concessions SCA Event Mgr: TBD Event Contact: FRANK PRODUCTIONS Charlie Gladstone (608)284-5462 [email protected] Steve Toepfer - Ticketing (608)267-3956 stoep([email protected] David Van Puffelen - Production (612)567-8387 [email protected] ..-..)~ Sea..s\Centre JArena 2012 Event Announcement What: WOMEN OF FAITH ONE DAYEVENT When: Date Start Event Start Time(s) (incl. Load In) 6/22/12 8:00AM Load In 6/23/12 7:00AM DOORS: 8:00AM EVENT START: 9:00AM EVENT END: 5:00PM Load Out Where: Sears Centre Arena Tickets: Non-Ticketed On Sale: Now Marketing: Website & Marquee www.womenoffaith.com Parking: $15 Levy: Concessions - NO ALCOHOL SALES SCA Event Mgr: Erin Sweeney/Ryan Curtis Event Contact: Breanna Kadlac/Tasha Rios Women ofFaith Phone: 972-398-4700 Fax: 972-424-1717 Email: [email protected] [email protected] Notes: Comp: NA Could a ramped-up amusement tax kill Chicago music? Page 1 of3 Published on WBEZ (http://www.wbez.org) Home> Printer-friendly Could a ramped-up amusement tax kill Chicago music? Jim DeRogatis September 27,2011 Most of the attention paid to Chicago Inspector General Joe Ferguson's recent report on how Chicago might solve its unprecedented budget crisis has focused on dramatic suggestions such as instituting a city income tax like New York, charging tolls for using Lakeshore Drive, starting a London-style "congestion" fee for cars entering the Loop during business hours, and hiking water, sewage, and garbage collection rates. Needless to say, all of these moves would be politically unpopular. Here's the Trib analysis, here's the Sun-Times, and here's WBEZ. . Buried deep in the report, however, is a suggestion that is much more likely to be adopted by an increasingly desperate mayor and city council, since the only constituency it really hurts-the owners of small independent venues and their music-loving patrons-don't exactly have their political act together to protect their interests, much less secure a seat at the table in any budget showdown. . Ferguson is suggesting hiking the amusement tax levied on all music and other: entertainment events like plays and movies from 5 to 9 percent; eliminating the current exemption for venues under 750 capacity, and dropping the exemption for nonprofit groups. He says that would gain the citymore than $100 million in revenue a year. . The latter provision quite sensibly means that Lollapalooza finally would have to pay its fair share (Walmart on the Lake has been dodging its $1 million-plus tax bill by parthering with the The Inspector General's proposal could nonprofitParkways Foundation); But then hurt smaller venues like the Empty Bottle. other much more laudable efforts such as (FlickrlSenor Codo) benefit concerts or performances also would lose a chunk of the money they raise for good causes to the tax man. More importantly, suddenly sacrificing 9 percent of an evening's take at the door could be fatal, given already razor-thin profit margins, to small clubs such as Schubas, Lincoln Hall, http://www.wbez.org/print/92521 9/28/2011 Could a ramped-up amusement tax kill Chicago music? Page 2 of3 the Empty Bottle, the Bottom Lounge, Reggie's, Pancho's, the Hideout, Double Door, Subterranean, Martyr's, the Green Mill, and many, many others. At the very least, to stay in business, venues such as these might have to pass the added cost on to concertgoers-raising the price of a $12 cover to $13.08, or a $15 ticket to 16.35. It might not sound like a lot on a per-show basis. But it adds up. The report weighs the pros and cons thusly: Proponents might argue that the various exemptions in the present amusement tax favor certain amusements over another for no rational reason. Additionally, some of the largest beneficiaries of these exemptions (the Lyric Opera, the Chicago Symphony Orchestra, etc.) serve, on average, patrons that are wealthier than average City residents. Opponents might argue that there is a good public policy reason for each of these exemptions. Imposing taxes on health and sports clubs would raise the cost of these activities, which would in turn make City residents less likely to visit health and sports clubs, thereby reducing their physical fitness. Others might argue that smaller music clubs and theaters need the tax exemption in order to compete with larger venues and this is why the amusement tax was eliminated for small venues in 1998. ' Further, they might argue that live cultural performances add civic value and therefore should receive a tax preference. Lastly, a general increase in the amusement tax will drive up prices meaning people will be more likely to attend events in the suburbs. Ferguson got the last part right-music lovers will be hit in their wallets-but' he doesn't consider whether or not this might make the difference for some struggling venues to survive at all amid tough competition from other clubs and giant fests such as Lollapalooza, on top of dire economic times that are reducing everyone's entertainment budgets, and the overall hefty price of just doing business as usual in Chicago. I "~,"c __c~.~_,~._"_,,~,~~'.~_.U4,,~.",4'"~'~'~'"~"'_~'~~,..~.,~c_.,~ The report is spot-on, though, in criticizing 1 Lollapalooza's tax exemption. In; fact, it uses I language that could well have been taken I ;from many of this blog's reports on the issue . (this one included). To wit: The City currently imposes a five percent tax on all "live theatrical, live musical or other live cultural performances that take place in any auditorium, theater or other space in the city whose maximum capacity, including all balconies and other sections, is more than 750; ~----~_._.~,.~ ..,_._-_.. ".~ ..-~---=-~--~~,,-_. ,~--~. ' persons." . However, under the Park District's agreement with the company that produces Lollapalooza, a three-day music festival held in Grant Park that attracted http://www.wbez.org/print/92521 9/28/2011 Could a ramped-up amusement tax kill Chicago music? Page 3 of3 270,000 attendees in 2011, ticket sales for the festival are not subject to the City's amusement tax. Instead, the company gives the Parkways Foundation, a foundation that raises private funds for the Park District, 10.25 percent of its profits and pays for any damage the festival causes to Grant Park. Under this option, the City would impose the amusement tax on all Lollapalooza ticket sales. In 2010, Lollapalooza reported gross ticket sales of $20 million with an attendance of 240,000. Assuming that gross sales grow proportionally with attendees, in- 2011, Lollapalooza's 270,000 attendees accounted for $22.5 million in ticket sales. Assuming ticket sales stay at that level in future years; applying the amusement tax to Lollapalooza would generate $1.1 million annually. To be certain, the report makes for dry reading, and the budget crisis may not be nearly as much fun for local music lovers to consider as, say, the merits of the new WHco album. But as the watchman on the Titanic said-entirely too late, as it turned out-"Captain, there's an iceberg looming dead ahead!" And it's one from which the Chicago music scene may very much want to steer clear. Source URL: http://www.wbez.org/blog/iim-derogatis/2011-09-27/could-ramped-amusement-tax-kill-chicago -music-92521 Links: [1] http://chicagoinspectorgeneral.org/publications-and-press/2011-budget-options/ [2] http://www.chicagotribune.com/news/local/ct-met-city-budget-options-20110927,0,4796874.story [3] http://www.suntimes.com/news/metro/7892293-418/a-36pt-hed-in-here-a-36pt-hed-in-here.html [4] http://www.wbez.org/..I..Istory/watchdog-budget-options-tolls-Isd-city-income-tax-privatized-garbage 92482 [5] http://www. wbez. org/blog/jim-derogatis/2011-08-01/does-lollapalooza-hort-chicago-8991;1 http://www.wbez.org/print/9252I 9/28/2011 January 23, 2012 DEPARTMENT OF FINANCE MONTHLY REPORT NOVEMBER 2011 Water Billing A total of 14,571 residential water bills were mailed on December 1 for October's water consumption. Average consumption was 4,449 gallons, resulting in an average residential water bill of $31.43. Total consumption for all customers was 111 million gallons, with 65 million gallons attributable to residential consumption. When compared to the December 2010 billing, residential consumption decreased by 5.8%. Total Water Consumption Total Water Consumption Year-To-Date Comparison Month of October Month of October 1,600 140 1,400 120 1,200 100 1,000 80 800 60 600 40 400 200 20 0-1"-----,------,-----.------.------(' O-!L---==-,--==-,---==---,----==---,----==---( 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 • Residential Commercial • Residential ; i Commercial 1900 Hassell Road, Hoffman Estates, Illinois 60169 • Phone: 847-882-9100 • Fax: 847-843-4822 Web: www.hoffmanestates.org Investments - Village As of November 30, 2011, the Village's investment portfolio totaled $53.9 million. Of this amount, $16.7 million pertained to the various operating funds. As can be seen in the following graphs, the remaining $37.2 million is related to debt service, capital projects and trust funds. Investment Portfolio by Fund Type Investment Portfolio by Type As of November 30, 2011 As of November 30, 2011 3% 7% 37% 49% 41% 29% 3% _ Debt Service _ Operating i'I Capital Projects _ Trust _ IL Funds _ IMET @j Money Market _ Agency Notes _ CD's General Fund Investments 10.0 9.0 8.0 7.0 I!! .!!! "0 6.0 c o 5.0 III C ~ 4.0 ~ 3.0 2.0 1.0 0.0 0 0 .-i .-i .-i .-i .-i I '( I U C ..c 0> Q) Q) z c ~ u.. 2 Operating Funds General Fund For the month of November, General Fund revenues totaled $7,298,470 and expenditures totaled $5,367,306, resulting in a surplus of $1,931,164. Revenues: November year-to-date figures are detailed in the table below. YEAR- TO-DATE YEAR-TO-DATE REVENUES BUDGET ACTUAL VARIANCE Taxes $ 18,048,551 $ 20,925,562 15.9% Licenses & Permits 1,102,083 1,818,071 65.0% Intergovernmental 10,565,243 8,273,113 -21.7% Charges for Services 4,443,467 4,977,035 12.0% Fines & Forfeits 1,179,750 720,951 -38.9% Investments 36,667 9,687 -73.6% Miscellaneous 3,355,233 408,129 -87.8% TOTAL $ 38,730,994 $ 37,132,546 -4.1% VTO Budget and Actual Comparison $25,000,000 $20,000,000 • Budget • Actual $15,000,000 $10,000,000 $5,000,000 Taxes Lie. & Permits Intergov't Servo Chgs, Fines Investments Misc. 3 Hotel Tax $300,000 ..------; $250,000 +------ $200,000 • 2010 Actual $150,000 • 2011 Budget r ~ 2011 Actual $100,000 $50,000 $0 Jan-Mar (4th Qtr) Apr-Jun (1st Qtr) Jul-Sep (2nd Qtr) Oct-Dec (3rd Qtr) Cumulative Variance Quarter Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan-Mar (4th Qtr) $ 202,619 $ 237,500 $ .222,583 $ (14,917) Apr-Jun (1st Qtr) 216,529 237,500 225,361 $ (27,056) Jul-Sep (2nd Qtr) 281,062 237,500 301,000 $ 36,444 Oct-Dec (3rd Qtr) 289,474 237,500 294,213 YTD Totals $ 989,684 $ 950,000 $ 1,043,157 4 Real Estate Transfer Tax $90,000 $80,000 '~i $70,000 $60,000 $50,000 +---__------~}------• 2010 Actual • 2011 Budget $40,000 2011 Actual $30,000 $20,000 $10,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 18,784 $ 39,583 $ 16,278 $ (23,305) Feb 63,825 39,583 11,439 (51,450) Mar 26,289 39,583 30,502 (60,532) Apr 45,896 39,583 24,316 (75,799) May 29,151 39,583 22,682 (92,701) Jun 46,786 39,583 80,624 (51,660) Jul 31,687 39,583 34,004 (57,239) Aug 34,315 39,583 25,007 (71,816) Sep 27,417 39,583 30,607 (80,792) Oct 21,732 39,583 35,432 (84,944) Nov 17,993 39,583 25,466 (99,061) Dec 42,458 39,583 YTD Totals $ 406,331 $ 475,000 $ 336,356 5 Home Rule Sales Tax $400,000 $350,000 $300,000 $250,000 .2010 Actual $200,000 2011 Budget ri 2011 Actual $150,000 $100,000 $50,000 $0 Jan (Nov) Feb(Dec) Mar (Jan) Apr (Feb) May (Mar) Jun (Apr) lui (May) Aug (Jun) Sep(Jul) Oct (Aug) Nov (Sep) Dec (Oct) Cumulative Variance Month Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan (Nov) $ 285,698 $ 287,500 $ 277,562 $ (9,938) Feb (Dec) 297,208 287,500 301,088 3,651 Mar (Jan) 361,813 287,500 344,625 60,775 Apr (Feb) 231,066 287,500 228,719 1,994 May (Mar) 268,550 287,500 262,809 (22,696) Jun (Apr) 273,585 287,500 299,150 (11,046) Jul (May) 274,366 287,500 274,031 (24,515) Aug (Jun) 277,551 287,500 280,136 (31,879) Sep (Jul) 287,434 287,500 304,288 (15,091) Oct (Aug) 291,181 287,500 243,665 (58,926) Nov (Sep) 269,544 287,500 247,418 (99,008) Dec (Oct) 292,375 287,500 YTD Totals $ 3,410,371 $ 3,450,000 $ 3,063,492 6 Telecommunications Tax $400,000 -,------ $350,000 +------ $300,000 +------11------ $250,000 .2010 Actual $200,000 2011 Budget IJ 2011 Actual $150,000 $100,000 $50,000 $0 Jan (Oct) Feb (Nov) Mar (Dec) Apr (Jan) May (Feb) Jun (Mar) Jul (Apr) Aug (May) Sep(Jun) Oct (Jul) Nov (Aug) Dec (Sep) Cumulative Variance Month Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan (Oct) $ 251,911 $ 258,333 $ 219,161 $ (39,172) Feb (Nov) 230,336 258,333 183,690 (113,816) Mar (Dec) 233,040 258,333 161,923 (210,226) Apr (Jan) 286,682 258,333 288,064 (180,495) May (Feb) 327,075 258,333 224,492 (214,337) Jun (Mar) 246,691 258,333 213,462 (259,208) Jul (Apr) 220,581 258,333 242,838 (274,703) Aug (May) 242,165 258,333 230,201 (302,836) Sep (Jun) 242,650 258,333 229,458 (331,711) Oct (Jul) 244,282 258,333 219,614 (370,430) Nov (Aug) 195,890 258,333 250,102 (378,661) Dec (Sep) 277,741 258,333 YTD Totals $ 2,999,043 $ 3,100,000 $ 2,463,005 7 Building Permits $800,000 $700,000 $600,000 $500,000 .2010 Actual $400,000 .2011 Budget II 2011 Actual $300,000 $200,000 $100,000 +------b.:------&11-----1 f-----=------ $0 Jan Feb Mar Apr May Jun Jul Aug 5ep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 15,406 $ 45,833 $ 56,205 $ 10,371 Feb 14,188 45,833 109,506 74,044 Mar 42,179 45,833 23,056 51,267 Apr 22,809 45,833 26,225 31,659 May 44,223 45,833 713,230 699,055 Jun 44,927 45,833 27,590 680,812 Jul 56,305 45,833 255,726 890,705 Aug 92,601 45,833 28,265 873,137 Sep 64,232 45,833 28,042 855,346 Oct 80,353 45,833 41,675 851,187 Nov 38,217 45,833 17,426 822,780 Dec 16,877 45,833 YTD Totals $ 532,318 $ 550,000 $ 1,326,947 8 State Sales Tax $700,000 -.------,------ $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jan (Nov) Feb(Dec) Mar (Jan) Apr (Feb) May (Mar) Jun (Apr) Jul (May) Aug (Jun) Sep (Jul) Oct (Aug) Nov (Sep) Dec (Oct) Cumulative Variance Month Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan (Nov) $ 499,781 $ 512,500 $ 477,448 $ (35,052) Feb (Dec) 493,847 512,500 533,111 (14,441) Mar (Jan) 576,980 512,500 567,696 40,755 Apr (Feb) 417,113 512,500 413,811 (57,934) May (Mar) 475,153 512,500 490,092 (80,342) Jun (Apr) 484,646 512,500 555,394 (37,448) Jul (May) 460,765 512,500 491,400 (58,548) Aug (Jun) 498,893 512,500 469,329 (101,719) Sep (Jul) 570,797 512,500 528,513 (85,706) Oct (Aug) 508,110 512,500 463,544 (134,662) Nov (Sep) 494,384 512,500 475,886 (171,276) Dec (Oct) 529,219 512,500 YTD Totals $ 6,009,685 $ 6,150,000 $ 5,466,224 9 Local Use Tax $100,000 $90,000 $80,000 $70,000 $60,000 .2010 Actual $50,000 +----jR_----1I- I--__.f----lI---I..___-IIHIII---III-__-Iit-_--lfil:-__-&--I.._- • 2011 Budget LI2011 Actual $40,000 $30,000 $20,000 $10,000 $0 Jan (Nov) Feb (Dec) Mar (Jan) Apr (Feb) May (Mar) Jun (Apr) Jul (May) Aug (Jun) Sep (Jul) Oct (Aug) Nov(Sep) Dec (Oct) Cumulative Variance Month Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual V5. Budget Jan (Nov) $ 46,116 $ 46,667 $ 73,288 $ 26,621 Feb (Dec) 41,192 46,667 56,972 36,926 Mar (Jan) 70,808 46,667 89;688 79,947 Apr (Feb) 42,136 46,667 54,852 88,133 May (Mar) 33,512 46,667 58,968 100,434 Jun (Apr) 66,878 46,667 66,993 120,760 Jul (May) 50,896 46,667 62,590 136,684 Aug (Jun) 48,246 46,667 60,981 150,998 Sep (Jul) 62,248 46,667 67,380 171,711 Oct (Aug) 51,747 46,667 53,929 178,973 Nov (Sep) 50,139 46,667 64,228 196,535 Dec (Oct) 58,254 46,667 YTD Totals $ 622,169 $ 560,000 $ 709,868 10 Income Tax $600,000 .,------ $500,000 +------ $400,000 +------=------glli-__------!lm-----,~ • 2010 Actual $300,000 .2011 Budget 1,1 2011 Actual $200,000 $100,000 $0 Jan (Jul) Jan (Aug) Feb(Sep) Feb (Oct) Mar (Nov) Apr (Dec) Jun (Jan) Jul (Feb) Jul (Mar) Aug (Apr) Sep(May) Nov (Jun) Cumulative Variance Month Received 2011 Actual (Liability Period) 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan (Jul) $ 358,614 $ 325,000 $ 245,519 $ (79,481) Jan (Aug) 270,194 325,000 251,788 (152,693) Feb (Sep) 212,389 325,000 365,945 (111,748) Feb (Oct) 373,335 325,000 275,406 (161,342) Mar (Nov) 395,672 325,000 304,584 (181,758) Apr (Dec) 244,829 325,000 347,248 (159,510) Jun (Jan) 381,955 325,000 429,121 (55,389) Jul (Feb) 499,739 325,000 214,029 (166,360) Jul (Mar) 266,468 325,000 368,201 (123,159) Aug (Apr) 374,493 325,000 470,428 22,269 Sep (May) 245,519 325,000 309,782 7,051 Nov (Jun) 251,788 325,000 401,305 83,356 YTD Totals $ 3,874,993 $ 3,900,000 $ 3,983,356 11 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 .2010 Actual $60,000 .2011 Budget Ii 2011 Actual $50,000 $40,000 $30,000 $20,000 $10,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 71,434 $ 107,250 $ 73,863 $ (33,387) Feb 73,024 107,250 65,195 (75,442) Mar 70,786 107,250 76,885 (105,807) Apr 87,580 107,250 61,650 (151,407) May 67,207 107,250 48,405 (210,252) Jun 73,521 107,250 62,026 (255,476) Jul 62,100 107,250 59,745 (302,981) Aug 60,563 107,250 89,904 (320,327) Sep 71,454 107,250 38,617 (388,960) Oct 64,530 107,250 71,061 (425,149) Nov 52,066 107,250 73,599 (458,800) Dec 73,422 107,250 YTD Totals $ 827,687 $ 1,287,000 $ 720,950 12 Interest Income $3,500 $3,000 $2,500 $2,000 .2010 Actual .2011 Budget u 2011 Actual $1,500 $1,000 $500 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual V5. Budget Jan $ 812 $ 3,333 $ 531 $ (2,802) Feb 594 3,333 693 (5,443) Mar 987 3,333 793 (7,983) Apr 956 3,333 1,261 (10,055) May 1,524 3,333 727 (12,662) Jun 1,016 3,333 761 (15,234) Jul 895 3,333 1,211 (17,357) Aug 954 3,333 933 (19,757) Sep 772 3,333 712 (22,378) Oct 647 3,333 1,103 (24,609) Nov 339 3,333 962 (26,980) Dec 555 3,333 YTD Totals $ 10,049 $ 40,000 $ 9,687 13 Expenditures: General Fund expenditures in October were $503,163 below the budgeted figure of $5,870,469. The summary of year-to-date actuals versus budgeted expenditures shown below reflect mostly positive variances for the Village departments for the year. YEAR-TO-DATE YEAR-TO-DATE EXPENDITURES BUDGET ACTUAL VARIANCE Legislative $ 322,933 $ 286,747 11.2% Administration 529,852 488,085 7.9% Legal 435,444 368,190 15.4% Finance 759,208 713,423 6.0% Village Clerk 160,133 150,510 6.0% HRM 405,726 387,400 4.5% Communications 155,898 147,965 5.1% Cable TV 126,014 109,271 13.3% Emergency Operations 146,896 150,946 -2.8% Police 15,099,080 14,194,127 6.0% Fire 11,787,608 10,970,471 6.9% Public Works 5,856,134 5,481,586 6.4% Development Services 3,559,930 2,979,387 16.3% H&HS 585,035 544,929 6.9% Miscellaneous 4,395,707 1,669,454 62.0% TOTAL $ 44,325,597 $ 38,642,489 12.8% YTO Budget and Actual Comparison $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 *-----,-----.-----..,------,-----.-----C(' General Admin. Police Fire Public Works Devel. Services Misc. Services 14 DEPARTMENT NEWS During the month of November, the Assistant Director once again assisted with the teaching of the IGFOA Basic Governmental Accounting day-long seminar, which was attended by the newest departmental staff, the Senior Accountant and PT Accountant I. Also during the month, the Capital Improvements Board held their annual meeting to discuss the Capital Improvements Program for the upcoming 5-year period. In addition, the budget process continued with the budget workshops that were held with the Finance Committee. " ~j :< " Respectfullv Submitted. 4 Michael DuCharme Director of Finance 15 MONTHLY REPORT STATISTICS NOVEMBER 2011 % Inc I Dec Nov-11 YTD Nov-11 Nov-10 YTD Nov-10 Month Year Credit Card Transactions Finance and Code Front Counter Number 289 2,854 322 3,693 -10.2% -22.7% Amount $ 22,068 273,968 $ 32,224 $ 372,135 -31.5% -26.4% Internet Sales Number 1,351 11,935 1,319 13,878 2.4% -14.0% Amount $ 98,993 798,595 $ 88,622 $ 709,977 11.7% 12.5% Total Number 1,640 14,789 1,641 17,571 -0.1% -15.8% Amount $ 121,062 $ 1,072,563 $ 120,845 $ 1,082,112 0.2% -0.9% Credit Card Company Fees General Fund $ 613.83 8,416 $ 977.61 $ 9,410.99 -37.2% -10.6% Municipal Waste Fund 2.33 14 0.52 32 348.1% -57.2% Water Fund 1,965.63 16,028 1,997.72 14,381 -1.6% 11.5% Total Fees $ 2,581.79 $ 24,458.12 $ 2,975.85 $ 23,823.90 -13.2% 2.7% Passport Applications Number 29 376 49 512 -40.8% -26.6% Revenue $ 675 9,320 $ 1,225 $ 13,030 -44.9% -28.5% Accounts Receivable Invoices Mailed Number 150 866 63 704 138.1% 23.0% Amount $ 83,328 820,785 $ 83,385 $ 977,405 -0.1% -16.0% Invoices Paid Number 176 954 110 918 60.0% 3.9% Amount $ 103,414 871,262 $ 107,742 $ 1,073,133 -4.0% -18.8% Reminders Sent Number 49 125 7 173 0.0% -27.7% Amount $ 130,921 197,821 $ 7,578 $ 198,337 0.0% -0.3% Accounts Payable Checks Issued Number 429 3,575 368 3,962 16.6% -9.8% Amount $ 1,506,512 18,532,462 $ 1,561,984 $ 30,208,061 -3.6% -38.7% Manual Checks Issued Number 61 466 48 393 27.1% 18.6% As % of Total Checks 14.22% 14.22% 13.04% 13.04% 9.0% 9.0% Amount $ 352,751 5,791,268 $ 45,233 $ 939,564 679.9% 516.4% As % of Total Checks 23.42% 31.25% 2.90% 3.11% 708.6% 904.7% Utility Billing New Utility Accounts 110 970 96 1,051 14.6% -7.7% Bills Mailed I Active Accounts 15,469 138,314 15,467 154,576 0.0% -10.5% Final Bills Mailed 110 965 94 1,038 17.0% -7.0% Shut-Oft Notices 1,084 11,538 1,111 12,091 -2.4% -4.6% Actual Shut-Ofts 70 723 1,138 N/A -36.5% Total Billings $ 857,179 8,267,237 $ 845,475 8,738,722 1.4% -5.4% Direct Debit (ACH) Program New Accounts 17 157 23 224 -26.1% -29.9% Closed Accounts 22 143 16 138 37.5% 3.6% Total Accounts 2,105 2,085 1.0% As % of Active Accounts 13.61% 13.48% 0.9% Water Payments Received in Current Month Total Bills Mailed 15,469 139,216 15,463 154,568 ACH Payments 2,104 18,872 2,085 20,427 ACH Payments-% of Total Bills 13.60% 13.56% 13.48% 13.22% On-line Payments (Internet Sales) 1,150 10,530 1,090 10,738 On-line Payments-% of Total Bills 7.43% 7.56% 7.05% 6.95% Mail-in Payments 11,903 107,327 12,087 121,250 Mail-in Payments-% of Total Bills 76.95% 77.09% 78.17% 78.44% Residential Billings Average Monthly Consumption/Customer Month Billed 2009 2010 2011 June 5,271 5,348 5,192 July 5,498 5,271 6,845 August 6,797 5,846 6,853 September 6,170 5,767 5,376 October 5,609 5,685 5,723 November 5,260 4,752 4,449 Six Month Average - 5,768 5,445 5,740 % Change- 1.8% -5.6% 5.4% Total Water Customers Average Bill Customer Type Customer Type % Change % Change Residential 14,574 14,571 0.0% Residential $ 31.59 $ 31.43 -0.5% Commercial 893 898 0.6% Total 15,467 15,469 0.0% Total Consumption - All Customers (OOO,OOO's) Month-To-Date Year-To-Date Nov-10 Nov-11 % Change Nov-10 Nov-11 % Change Residential 69 65 -5.8% Residential 870 863 -0.8% Commercial 47 46 -2.1% Commercial 594 565 -4.9% 116 111 -4.3% 1,464 1,428 -2.5% STATEMENT OF INVESTMENTS-VILLAGE As of November 302011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest General Fund Illinois Funds - General 09/30/86 4,048,465.61 0.072 Illinois Funds - Veterans Memorial 05/01/92 293.96 0.072 IMET 05/12/97 500,000.00 1,343,092.36 IMET Convenience Fund 10/20105 1,143,269.24 1,143,269.24 HE Community Bank-MaxSafe 07/13/04 759,281.56 0.250 Cltibank Savings Deposit Account 11/07108 1,802,377.02 0.150 Certificates of Deposit with PMA 09/28/11 03/26/12 88,339.22 88,339.22 88,392.84 0.110 .25%-GE Money Bank COD with PMA 09/28/11 03/26/12 249,060.78 248,875.50 249,000.00 0.201 8,591,087.39 Motor Fuel Tax Illinois Funds 09/30/86 1,207,196.20 0.072 EDA Administration Illinois Funds 01/02/91 1,158,166.84 0.072 Certificates of Deposit with PMA 09/28/11 03/26/12 1,000,000.00 1,000,000.00 1,000,607.02 0.110 2,158,166.84 E-911 Illinois Funds 07101/00 109,345.55 0.072 109,345.55 Asset Seizure - Federal Illinois Funds 06/09/99 137,212.53 0.072 Asset Seizure - State Illinois Funds 11/30/98 177,319.92 0.072 Asset Seizure - KCAT Illinois Funds 07/10108 59,084.31 0.072 Municipal Waste System Illinois Funds 08/31/98 4,285.22 0.072 4,285.22 2001 G.O. Debt Servo Illinois Funds 07/31/01 40,331.03 0.072 40,331.03 1997A&B G.O. Debt Servo Illinois Funds 01/01/98 5,531.42 0.072 2003 G.O. Debt Servo Illinois Funds 09/04/03 23,310.24 0.072 23,310.24 2004 G.O. Debt Servo Illinois Funds 11/30104 26,641.20 0.072 26,641.20 2005A G.O. Debt Servo Illinois Funds 11/30104 80.91 0.072 80.91 STATEMENT OF INVESTMENTS-VILLAGE As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest 2008 G.O. Debt Servo Cilibank Savings Deposit Account 03/20/08 13,244.83 0.080 13,244.83 2009 G.O. Debt Servo Illinois Funds 04/01/09 787,548.50 0.072 Cilibank Savings Deposit Account 04/01/09 3,441.48 0.080 Keybank - C 04/01/09 05/31/12 356,000.00 379,959.29 2.125 1,146,989.98 Central Road Corridor Improv. Illinois Funds 12/15/88 53,616.47 0.072 Certificates of Deposit with PMA 09/28/11 03/26/12 200,000.00 200,000.00 200,121.40 0.110 253,616.47 Hoffman Blvd Bridge Maintenance Illinois Funds 07/01/98 143,342.48 0.072 Citibank Savings Deposit Account 02/10/11 200,253.80 0.150 343,596.28 Western Corridor Illinois Funds 06/30/01 159,450.70 0.072 Cilibank Savings Deposit Account 01/07/09 300,439.51 0.150 459,890.21 Traffic Improvement Illinois Funds 03/24/89 92,159.27 0.072 Certificates of Deposit with PMA 09/28/11 03/26/12 500,000.00 500,000.00 500,303.51 0.110 592,159.27 EDA Series 1991 Project Illinois Funds 08/22/91 2,474,480.30 0.072 Bank of New York Money Market 12/11/06 1,753,098.98 4,227,579.28 Central Area Road Improvement Illinois Funds 03/29/91 205,168.02 0.072 Cilibank Savings Deposit Account 02/10/11 OS/25/05 300,380.69 0.150 505,548.71 2008 Capital Project Cilibank Savings Deposit Account 03/20/08 28,609.87 0.080 28,609.87 2009 Capital Project Citibank Savings Deposit Account 04/01/09 1,656,279.12 0.080 1,656,279.12 Western Area Traffic Improvement Illinois Funds 11/01/92 27,751.64 0.072 Cilibank SaVings Deposit Account 01/07/09 302,564.21 0.150 330,315.85 STATEMENT OF INVESTMENTS-VILLAGE As of November 30 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest Western Area Rd Impr Impact Fees Illinois Funds 08/01/98 323,077.32 0.072 Cilibank Savings Deposit Account 01/07/09 1,915,569.63 0.150 2,238,646.95 Capital Improvements Illinois Funds 12/31/96 164,153.10 0.072 164,153.10 Capital Vehicle & Equipment Illinois Funds 12/31/96 100,447.30 0.072 HE Community Bank-MaxSafe 07/13/04 5.21 0.250 100,452.51 Capital Replacement Illinois Funds 02/01/98 552,568.04 0.072 HE Community Bank-MaxSafe 07/13/04 380,680.27 0.250 Cilibank Savings Deposit Account 11/07/08 1,417,502.94 0.150 Certificates of Deposit with PMA 09/28/11 03/26/12 708,260.78 708,260.78 708,690.71 0.110 .35%-Bank of China COD with PMA 10/05/11 04/05/12 248,999.92 248,875.50 249,000.00 0.350 3,308,011.95 Water and Sewer Illinois Funds 09/30/86 1,252,951.70 0.072 Water and Sewer-Capital Projects Cilibank Savings Deposit Account 03/20/08 303,924.12 0.080 303,924.12 Sears Centre Illinois Funds 86,457.03 0.072 Insurance Illinois Funds 11/10/87 1,079,114.39 0.072 Cilibank Savings Deposit Account 11/07/08 709,162.32 0.150 1,788,276.71 Information Systems Illinois Funds 02/01/98 511,882.18 0.072 511,882.18 EDA Special Tax Alloc. Illinois Funds 05/15/92 10,316,502.87 0.072 Bank of New York Money Market 9,381,983.75 19,698,486.62 Roselle Road TIF Illinois Funds 09/30/03 378,447.96 0.072 Certificates of Deposit with PMA 09/28/11 03/26/12 500,000.00 500,000.00 500,303.51 0.110 Cilibank Savings Deposit Account 11/07/08 1,005,261.58 0.150 1,883,709.54 STATEMENT OF INVESTMENTS-VILLAGE As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest Barr./Higglns TIF Illinois Funds 08/26/91 454,721.57 0.072 454,721.57 2005 EDA TIF Bond & Int. Illinois Funds 11/07/02 38,306.44 0.072 38,306.44 Total Investments $ 53,927,403.05 Percent Total Invested Per lnstltutlon Invested Illinois Funds 26,199,412.22 48.58 IMET 500,000.00 0.93 IMET Convenience Fund 1,143,269.24 2.12 Keybank- C 356,000.00 0.66 CD with PMA-BANK OF EAST ASIA 249,600.00 0.46 CD with PMA-TRIAD BANK, NA 249,800.00 0.46 CD with PMA-ONEWEST BANK FSB 249,800.00 0.46 CD with PMA-STERLING NATINAL BANK 249,800.00 0.46 CD with PMA-BANK LEUMI USA 249,800.00 0.46 CD with PMA-SAFRA NATIONAL BANK OF NEW YORK 249,800.00 0.46 CD with PMA-ASSOCIATED BANK, NA 249,800.00 0.46 CD with PMA-BANK OF THE WEST 249,800.00 0.46 CD with PMA-PRIVATE BANK-MI 249,800.00 0.46 CD with PMA-COLE TAYLOR BANK 249,800.00 0.46 CD with PMA-IDB BANK-NY 249,800.00 0.46 CD with PMA-SOUTHSIDE BANK 249,000.00 0.46 CD with PMA-.25%-GE MONEY BANK COD 249,060.78 0.46 CD with PMA-.35%-BANK OF CHINA COD 248,999.92 0.46 HE Community Bank-MaxSafe 1,139,967.04 2.11 Bank of New York Trust Company, N.A. 11,135,082.73 20.65 Cilibank 9,959,011.12 18.47 $53,927,403.05 100.00 Total Invested Per Institution Excluding Percent all Trust Funds, EDA Series 91 Funds & 05 Funds Invested Illinois Funds 12,915,401.04 43.77 IMET 1,643,269.24 5.57 Keybank - C 356,000.00 1.21 CD with PMA-BANK OF EAST ASIA 249,600.00 0.85 CD with PMA-TRIAD BANK, NA 249,800.00 0.85 CD with PMA-ONEWEST BANK FSB 249,800.00 0.85 CD with PMA-STERLING NATINAL BANK 249,800.00 0.85 CD with PMA-BANK LEUMI USA 249,800.00 0.85 CD with PMA-SAFRA NATIONAL BANK OF NEW YORK 249,800.00 0.85 CD with PMA-ASSOCIATED BANK, NA 249,800.00 0.85 CD with PMA-BANK OF THE WEST 249,800.00 0.85 CD with PMA-PRIVATE BANK-MI 249,800.00 0.85 CD with PMA-COLE TAYLOR BANK 249,800.00 0.85 CD with PMA-IDB BANK-NY 249,800.00 0.85 CD with PMA-SOUTHSIDE BANK 249,000.00 0.84 CD with PMA-.25%-GE MONEY BANK COD 249,060.78 0.84 CD with PMA-.35%-BANK OF CHINA COD 248,999.92 0.84 HE Community Bank-MaxSafe 1,139,967.04 3.86 Citibank 9,959,011.12 33.75 $29,508,309.13 100.00 STATEMENT OF INVESTMENTS-VILLAGE As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest Total Invested Per Fund Total Investments - Operating Funds $16,714,023.42 Total Investments - Debt Service Funds $1,294,436.05 Total Investments - Trust Funds $20,153,208.19 Total Investments - Capital Projects Funds $15,765,735.39 Total Investments - All Funds $53,927,403.05 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Illinois Funds 09/30/86 1,106,473.17 1,106,473.17 0.072 Vanguard International Value Fund Mutual Funds 06/15/05 5,491,894.06 4,654,152.81 American Funds The Growth Fund of America 12/30/09 4,955,230.87 5,079,393.39 BlackRock U.S. Opportunities-Institutional Class 12/30/09 2,617,615.47 2,705,431.60 US Bank - US Real Estate Cohen & Steers Real Estate 12/31/07 2,468,429.83 2,332,509.00 Mesirow Financial Equities 01/18/07 9,185,755.32 9,832,218.00 Money Market 01/18/07 560,496.48 560,496.48 Total Mesirow Financial 9,746,251.80 Mitchell Vaught & Taylor Money Market 05/01/07 161,883.39 161,883.39 Treasury Note, 4.75% 03/29/07 01/31/12 606,562.50 604,686.00 600,000.00 4.71 Treasury Note, 0.875% 03/16/10 02/29/12 440,251.48 440,911.00 440,000.00 0.87 Treasury Note, 1.00% 04/30/10 04/30/12 299,860.38 301,173.00 300,000.00 1.00 FNMA MTN, 4.75% 08/29/08 02/21/13 154,719.30 158,106.00 150,000.00 4.51 Treasury Note, 2.5% 03/31/08 03/31/13 405,837.62 412,252.00 400,000.00 2.43 FNMA MTN, 1.75% 03/25/10 05/07/13 414,308.61 423,196.00 415,000.00 1.72 FNMA MTN, 4.375% 05/15/07 07/17/13 503,434.74 516,283.00 485,000.00 4.11 FNMA MTN, 2.875% 02/19/10 12/11/13 360,570.70 367,416.00 350,000.00 2.74 Treasury Stripped 06/25/09 02/15/14 438,937.40 486,599.00 490,000.00 FNMA MTN, 4.125% 05/10/07 04/15/14 286,225.19 313,560.00 290,000.00 3.82 Treasury Note, 2.375% 09/14/09 08/31/14 301,829.13 316,335.00 300,000.00 2.25 FNMA MTN, 2.625% 03/18/10 11/20/14 452,006.55 476,321.00 450,000.00 2.48 Treasury Note, 1.875% 07/16/10 06/30/15 473,122.67 491,883.00 470,000.00 1.79 FHLMC MTN, 4.75% 05/14/07 11/17/15 440,150.82 480,199.00 420,000.00 4.15 FNMA MTN, 5.00% 03/16/10 03/15/16 442,048.40 463,684.00 400,000.00 4.31 FHLB DEB, 4.75% 05/15/07 12/16/16 176,194.44 210,784.00 180,000.00 4.06 Treasury Note, 3.25% 01/29/10 12/31/16 403,251.60 444,780.00 400,000.00 2.92 FNMA MTN, 5.375% 02/19/10 06112117 390,247.55 421,117.00 350,000.00 4.47 Treasury Note, 1.875% 11/08/10 10/31/17 262,672.13 269,589.00 260,000.00 1.81 Treasury Bond, 9.125% 05/08/07 05/15/18 286,024.54 304,618.00 205,000.00 6.14 Treasury Note, 4.0% 10/16/08 08/15/18 409,845.35 466,376.00 400,000.00 3.43 Treasury Note, 3.375% 12/18/09 11/15/19 442,055.32 506,286.00 450,000.00 3.00 Treasury Note, 2.625% 09/15/10 08/15/20 447,470.55 477,387.00 450,000.00 2.47 FNMA MTN, 3.05% 09/28/10 09/28/20 245,490.00 255,677.00 245,000.00 2.92 Treasury Note, 2.125% 10/20/11 08/15/21 299,028.54 302,040.00 300,000.00 2.11 FNMA MTN, 6.25% 05/14/07 05/15/29 174,979.81 214,470.00 155,000.00 4.52 JPMORGAN CHASE, 4.65% 08/26111 06/01/14 266,325.00 264,455.00 250,000.00 4.40 9,985,333.71 US Bank - Fixed Income Money Market 07/31/99 137,484.03 137,484.03 FHLB DEB, 2.00% 06/17/10 09/14/12 204,268.00 202,746.00 200,000.00 1.97 FNMA #53571 0 01/18/02 11/01/12 14,262.32 349.00 340.38 7.74 FNMA #251338 03/18/04 12/01/12 4,653.08 1,188.00 1,160.68 6.31 FNMA #254584 11/19/02 12/01112 25,732.02 8,987.00 8,388.27 4.66 FNMA #254646 01/21/03 01/01/13 10,092.64 5,704.00 5,512.27 4.35 FNMA Deb 07/30/03 03/15/13 191,554.40 210,482.00 200,000.00 4.16 FNMA #424335 06/22/01 05/01/13 4,137.45 1,077.00 1,041.27 6.31 FHLMC GO E00567, 7.0% 05/23/06 08/01/13 19,221.31 16,930.00 16,180.85 6.69 FNMA #254863 09/19/05 08/01/13 6,490.52 8,442.00 8,009.34 3.79 FHLMC Pool 90036, 6% 06/18/01 10/01/13 1,246.68 1,527.00 1,404.97 5.50 FNMA #254958 04/18/06 10/01/13 14,541.50 22,532.00 21,197.35 4.23 FHLMC Pool 90037, 6% 03/15/04 11/01/13 22,153.49 14,367.00 13,221.27 5.52 FNMA #255013 12/31/03 11/01/13 40,254.16 29,554.00 27,849.04 4.71 FNMA #445355 04/23/04 12/01/13 8,412.80 4,426.00 4,239.94 6.24 Zero Coupon Bond 01/05/06 02/15/14 839,856.00 1,191,672.00 1,200,000.00 FNMA #491365 04/23/04 06/01/14 7,713.60 3,533.00 3,370.11 6.20 FNMA #534998 06/21/01 06/01/14 2,943.27 2,439.00 2,255.00 5.54 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Treasury Note, 2.625% 06/23111 07/31/14 529,335.94 530,000.00 500,000.00 2.48 FNMA #598032 08/16/01 08/01/14 1,958.69 872.00 834.87 5.73 FNMA #633688 04/16/02 09/01/14 27,016.29 31,266.00 28,873.19 5.08 Treasury Security 12/23/05 11/15/14 502,185.00 740,355.00 750,000.00 FHLMC GO P60089, 7% 07/20/04 12/01/14 4,952.00 2,714.00 2,609.61 6.74 FNMA #535219 08/20/04 03/01/15 27,710.92 15,308.00 14,091.22 6.90 FNMA MTN, 4.375% 12/15/10 10/15/15 384,037.50 394,440.00 350,000.00 3.88 Zero Coupon Bond Stripped OS/29/03 11/15/15 350,086.75 568,895.00 585,000.00 GNMA #142495 07/22/87 12/15/15 3,562.41 4,376.00 3,947.29 7.22 FHLMC Pool GO C90124, 7% 04/15/04 01/01/16 27,354.66 19,881.00 17,969.28 6.33 FNMA #725382 07/20/04 01/01/16 17,030.71 3,316.00 3,284.41 7.93 Treasury Note, 2.0% 09/11/08 01/15/16 284,028.83 320,734.00 285,327.50 1.78 FHLMC Pool GO P60090, 7% 07/20/04 03/01/16 3,716.17 1,885.00 1,792.75 6.63 Treasury Note, 2.625% 06/16/09 04/30/16 285,448.50 324,024.00 300,000.00 2.43 FNMA #253846 04/23/04 06/01/16 8,451.36 6,149.00 5,612.87 5.94 Zero Coupon Bond 10/04/02 07/15/16 246,197.14 484,448.00 520,000.00 Treasury Bond, 7.5% Coupon 04/23/93 11/15/16 785,627.89 989,123.00 750,000.00 5.69 Treasury Note, 3.25% 06/23/11 12/31/16 538,906.25 555,975.00 500,000.00 2.92 GNMA #197505 06/23/87 03/15/17 3,005.20 3,534.00 3,114.32 7.05 FNMA #254308 04/17/07 05/01/17 129,652.81 130.G53.00 118,889.31 5.91 FNMA #645917 07/19/10 06/01/17 254,610.21 241,017.00 219,315.41 5.91 FHLMC Pool GO G11426, 7% 04/28/04 07/01/17 12,110.70 5,902.00 5,621.46 6.68 FNMA #251342 04/15/04 11/01/17 30,056.22 19,561.00 17,503.89 6.26 FHLMC Pool GO E93732, 5% 11/17/05 01/01/18 42,008.86 48,674.00 45,242.56 4.65 FNMA #681270 11/20/07 01/01/18 14,001.02 15,399.00 14,261.36 4.63 FNMA #695812 03/18/03 03/01/18 40,081.10 34,336.00 31,799.85 4.63 FHLMC Pool GO E96427, 5% 02/19/08 04/01/18 54,993.13 56,695.00 52,698.38 4.65 FNMA #251692 03/15/04 04/01/18 19,727.92 14,860.00 13,430.49 5.87 FNMA #625609 11/18/04 04/01/18 13,987.09 13,715.00 12,702.16 4.63 FNMA #695910 11/18/04 05/01/18 15,471.60 15,412.00 14,171.34 4.60 FNMA #251787 01/20/04 06/01/18 17,913.12 14,253.00 12,881.90 5.87 FNMA #682424 03/17/05 07/01/18 14,224.95 16,961.00 16,009.70 3.77 FNMA #713804 03/27/06 07/01/18 23,539.00 30,840.00 29,110.75 3.77 FNMA #720393 10/19/04 07/01/18 36,913.82 38,853.00 36,346.87 4.21 FNMA #721545 04118/05 07/01/18 23,029.36 28,650.00 27,042.97 3.78 FNMA #721608 03/17/05 07/01/18 24,899.45 31,552.00 29,782.20 3.77 FNMA #722477 04/18/05 07/01/18 20,984.68 26,823.00 25,318.56 3.78 FNMA #726128 03/17/05 07/01/18 23,124.29 29,828.00 28,155.71 3.77 FNMA #729347 03/17/05 07/01/18 28,976.07 37,629.00 35,518.84 3.78 FNMA #682450 03/17/05 09/01/18 3,152.85 3,753.00 3,542.93 3.78 FNMA #252104 08/20/04 11/01/18 14,790.50 12,607.00 11,394.49 5.88 FNMA #735522 05/17/05 12/01/18 51,843.89 60,717.00 57,312.55 3.78 FHLMC GO C90250, 6.5% 05/16/06 02/01/19 48,666.22 50,923.00 45,881.96 5.86 FNMA #545970 07/29/05 02/01/19 36,720.44 34,186.00 30,898.00 5.87 FNMA #323603 08/20/04 03/01/19 31,150.31 26,259.00 23,733.42 5.88 FHLMC GO E01647, 4.0% 08/17/04 05/01/19 14,073.72 17,352.00 16,476.35 3.80 Zero Coupon Bond 03/11/94 05/15/19 465,426.93 879,220.00 1,000,000.00 FHLMC Pool C90265, 6.5 % 03/11/04 06/01/19 69,947.54 52,266.00 47,091.65 5.86 FNMA #252499 03/18/04 06/01/19 22,274.88 17,165.00 15,513.80 5.87 FNMA #252573 08/22/03 06/01/19 31,438.64 28,904.00 26,350.71 5.47 FHLB Oeb, 4.125% 04/20/11 03/13/20 364,292.25 394,394.00 350,000.00 3.66 Zero Coupon Bond 06/27/03 05/15/20 223,540.00 423,130.00 500,000.00 Zero Coupon Bond 01/29/03 05/15/20 426,995.00 853,160.00 1,000,000.00 Treasury Bond, 7.875% OS/22/07 02/15/21 2,029,907.50 2,263,590.00 1,500,000.00 5.22 FNMA #253708 08/20/04 03/01/21 22,055.36 19,104.00 17,266.34 5.87 FNMA #745406 OS/20/08 03/01/21 50,016.76 50,167.00 46,247.82 5.53 FHLMC GO 095476, 6.0% 09/20/04 02/01/22 8,.156.20 5,529.00 5,060.92 5.50 FNMA #254193 06/13/05 02/01/22 75,835.74 76,955.00 70,156.85 5.47 FNMA #254231 09/13/06 03/01/22 42,472.79 45,096.00 41,112.06 5.47 FNMA #254305 09/14/05 05/01/22 15,721.12 15,022.00 13,576.60 5.87 FNMA #889634 07/19/10 02/01/23 69,656.79 66,667.00 61,413.88 5.53 FNMA #254764 02/11/10 06/01/23 33,105.10 32,572.00 29,737.90 5.02 FHLMC GO 096094, 4.5% 11/14/05 07/01/23 52,238.27 61,090.00 56,974.72 4.20 FHLMC GO J12371, 4.50% 09/20/10 06/01125 148,984.64 145,941.00 137,878.23 4.25 FHLMC GO G30290, 6.5% 08/14/07 03/01/26 29,825.26 31,412.00 28,302.11 5.86 FNMA #256556, 6.00% 03/10/11 01/01/27 77,880.45 76,563.00 69,740.00 5.46 GNMA #2629, 6.00% 12/20/10 08/20/28 103,680.46 103,619.00 91,595.65 5.30 FNMA #481427 05/18/01 01/01/29 (0.00) 12,465.00 11,226.39 5.41 FNMA #483802 12/12/02 02/01/29 44,001.06 46,721.00 42,606.48 5.01 GNMA#2783 07/22/99 07/20/29 24,293.70 28,833.00 24,918.72 6.05 Treasury Bond, 5.375% 05/19/09 02/15/31 804,650.44 902,889.00 650,000.00 3.87 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of November 30,2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FHLMC Pool C01292F, 6.0% 02/13/02 02/01/32 8,447.25 25,111.00 22,666.00 5.42 FNMA #685962 09/15/03 02/01/32 39,777.39 49,364.00 45,511.17 4.61 FHLMC C66034, 6.5% 05/13/02 04/01/32 34,014.45 30,019.00 26,510.14 5.74 FNMA #254310 03/14/05 05/01/32 58,984.78 58,417.00 52,611.77 5.40 FNMA #545782 12/31/04 07/01/32 17,624.20 16,654.00 14,591.77 6.13 FNMA#813818 05/12/05 07/01/32 12,352.23 7,702.00 6,749.07 6.13 FNMA #685952, 6.50 % 05/12/05 09/01/32 140,522.76 144,098.00 126,798.84 5.72 FNMA #725350 10/30/06 01/01/33 31,666.10 35,318.00 31,808.59 5.41 FNMA #702435 05/14/03 05/01/33 124,565.11 120,535.00 110,424.48 5.04 FNMA #702901 09/14/05 05/01133 36,229.15 38,120.00 33,936.39 5.34 FNMA #711215 08/14/07 06/01/33 76,638.22 91,214.00 82,759.01 4.99 FHLMC GO A11312, 6.0% 12/12/06 07/01/33 48,444.63 52,696.00 47,565.37 5.42 FNMA #726912 05/13/04 08/01/33 31,518.44 43,034.00 40,990.78 3.81 FNMA #729379 09/14/05 08/01/33 4,838.83 4,930.00 4,443.75 5.42 FNMA #738348 03/15/04 09/01/33 8,937.32 8,754.00 7,890.38 5.40 FNMA #725017 02/12/04 12/01/33 32,865.87 34,311.00 30,858.42 4.95 FHLMC GO G01864, 5.0% 08/14/07 01/01/34 28,936.33 35,657.00 33,282.92 4.67 FNMA #755617 04/13/10 01/01/34 52,834.15 53,564.00 48,419.27 4.97 FNMA #759893 03/15/04 01/01/34 3,284.28 2,908.00 2,595.29 5.36 FNMA #751182 03/15/04 03/01/34 32,230.65 33,725.00 30,382.85 4.95 FNMA #767378 04/15/04 03/01/34 77,423.56 79,039.00 71,206.21 4.95 FNMA #801357 07/14/05 08/01/34 18,254.36 18,743.00 17,170.79 5.04 FNMA #796295 11/14/05 12/01/34 41,554.26 55,287.00 52,102.73 4.24 FNMA #888568 08/14/07 12/01/34 38,351.45 47,283.00 43,932.71 4.65 FNMA #809159 02/10/05 01/01/35 111,854.67 123,876.00 112,772.08 4.55 FNMA #815426 11/14/05 02/01/35 33,958.00 47,215.00 44,495.01 4.24 FHLMC GO A46987, 5.5% 12/13/05 07/01/35 55,249.48 62,493.00 57,611.62 5.07 GNMA #003851 04/20/11 OS/20/36 53,802.69 55,201.00 49,225.74 4.90 FNMA #872912 02/11/10 06/01/36 79,182.07 74,668.00 66,880.67 5.82 GNMA #737975 02/17/11 123,826.52 127,016.00 112,576.52 5.32 FNMA #831806,6.5% 06/14/10 10/01/36 105,829.49 104,209.00 93,341.68 5.82 FHLMC GO C02660, 6.5% 12/12/06 11/01/36 29,561.12 30,752.00 27,460.16 5.80 FHLMC GO P50531, 6.5% 08112/10 01/01/37 101,611.68 101,843.00 92,165.23 5.88 FNMA #906350. 6.0% 01/18111 01/01/37 141,213.68 143,422.00 130,751.74 5.47 FNMA #923790 09/14/10 05/01/37 116,741.98 110,916.00 106,482.63 6.24 FHLMC GO H02432, 6.0% 08/11/11 03/01/38 201,295.34 201,355.00 185,305.87 5.52 FNMA #995504 08/13/09 11/01/38 42,037.57 39,034.00 33,700.98 6.48 Treasury Bond, 4.5% 11129/11 08/15/39 322,050.78 320,470.00 250,000.00 3.51 FHLMC GO G05832, 5.0% 06/13/11 03/01/40 373,836.99 374,251.00 349,695.42 4.67 FHLMC GO A 91904, 5.50% 06/12/10 04/01/40 189,145.10 191,234.00 175,436.15 5.05 FHLMC GO C03475, 6.00% 08/12/10 04/01/40 88,784.18 85,829.00 78,491.88 5.49 FNMA #AH6543A, 6.0% 11/14/11 02/01/41 101,266.43 102,060.00 97,665.03 3.83 Total US Bank 15,134,273.23 Total Investments $ 51,505,502.15 Book Market Percent Total Invested Per Institution Value Value Invested Illinois Funds 1,106,473.17 1,106,473.17 2.15 Equities 9,185,755.32 9,832,218.00 17.83 Money Market 859,863.90 859,863.90 1.67 Mutual Funds 13,064,740.41 12,438,977.80 25.37 GNMA 312,170.98 322,579.00 0.61 Treasury Bonds 4,228,261.15 4,780,690.00 8.21 Treasury Notes 6,429,506.79 6,764,431.00 12.48 FNMA 7,188,117.15 7,415,086.00 13.96 FHLMC Bonds 2,157,879.54 2,203,000.00 4.19 FHLB Agency Bonds 744,754.69 807,924.00 1.45 Zero Coupon Bonds 3,493,224.22 5,627,479.00 6.78 Real Estate 2,468,429.83 2,332,509.00 4.79 Corporate Bonds 266,325.00 264,455.00 0.52 $51,505,502.15 $54,755,685.87 100.00 STATEMENT OF INVESTMENTS·POLICE PENSION FUND As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Illinois Funds 09/30/66 699,497.43 699,497.43 0.072 Fidelitv Investments Spartan Inti Index FID Advantage Class (FSIVX) 06/05/09 2,942,576.62 3,140,262.31 Dimensional US Vector Equity Port (DFVEX) 06/06/11 1,920,553.50 1,964,920.10 DFA International Srnall Company Port (DFISX) 06/06/11 1,924,957.51 1,796,314.95 DFA Emerging Markets Portfolio 06/05/09 3,719,122.22 3,524,451.19 Dimensional Adv US Small Cap Value Port (DFSVX) 06/06/11 3,636,460.64 3,673,260.14 Dimensional Advisor US Large Cap Val (DFLVX) 06/06/11 2,664,553.52 2,941,636.90 Dimensional Advisor US Small Cap Value Port (DFSTX) 06/06/11 2,676,064.56 2,963,666.17 Dimensionallnv't Grp Inc Int'l (DFIVX) 06/06/11 1,926,469.15 1,764,026.40 Vanguard Reit Index Signal Shares (VGRSX) 06/06/11 965,669.13 1,011,666.00 Vanguard Institutional Index Fund (Fund 0094) 03/09/10 1,602,727.32 1,999,412.05 Fidelity Cash Reserve 0.64 0.64 24,601,377.00 Fifth Third Bank Money Market 12/02/03 140,477.60 140,477.60 Treasury Note, 4.675% 12/23/05 02/15/12 409,612.50 404,000.00 400,000.00 4.6 Treasury InfllX N/B, 2.0% 09/16/06 01/15/14 243,554.65 261,336.04 200,000.00 1.5 Treasury Infl IX N/B, 2.0% 12/24/07 07/15/14 264,960.73 325,769.40 250,000.00 1.5 Treasury Note, 4.0% 03/04/05 02/15/15 496,314.62 561,615.55 505,000.00 3.6 Treasury Note, 4.75% 06/29/07 06/15/17 906,356.25 1,066,071.20 690,000.00 4.0 Treasury Note, 4.25% 06/26/06 11/15/17 224,012.36 252,760.45 215,000.00 3.6 Treasury Note, 4.0% 11/24/09 06/15/16 105,562.43 116,594.00 100,000.00 3.4 Treasury Note, 1.75% 02/26/09 01/31/14 69,507.62 72,203.60 70,000.00 1.7 Treasury Note, 2.125% 12/30/09 11/30/14 195,667.66 210,166.00 200,000.00 2.0 Treasury Note, 2.250% 02/24/10 01/31/15 396,001.34 422,720.00 400,000.00 2.1 Treasury Note, 1.375% 02/24/10 02/15/13 605,041.74 611,504.00 600,000.00 1.4 Treasury Note, 3.625% 03/31/10 02/15/20 204,176.39 226,660.00 200,000.00 3.2 Treasury Note, 3.5% 06/30/10 05/15/20 104,363.21 113,406.00 100,000.00 3.1 Treasury Note, 2.625% 06/30/10 06/15/20 350,052.17 371,301.00 350,000.00 2.5 Treasury Note, 0.375% 06/31/10 06/31/12 496,671.26 500,975.00 500,000.00 0.4 Treasury Note, 1.375% 02/14111 11/30/15 143,759.77 154,207.50 150,000.00 1.3 Treasury Note, 1.25% 03/15/11 03/15/14 110,567.19 112,371.60 110,000.00 1.2 Treasury Note, 0.625% 03/06/11 02/26/13 605,212.66 609,435.55 605,000.00 0.6 Treasury Note, 3.125% 07/05/11 05/15/21 327,647.27 362,201.40 330,000.00 2.6 Treasury Note, 2.125% 06/17111 06/15/21 470,210.94 476,230.00 475,000.00 2.1 Treasury Note, 1.0% 09/01/11 06/31/16 220,704.69 221,166.20 220,000.00 1.0 Treasury Note, .25% 10/05/11 09/15/14 149,373.05 149,532.00 150,000.00 0.3 Treasury Note, 1.0% 10/05/11 09/30/16 301,554.69 301,335.00 300,000.00 1.0 FHLB,4.75% 09/19/05 02/13/15 251,617.75 261,662.50 250,000.00 4.2 FHLB,5.25% 06/01/05 06/16/14 345,556.90 362,875.50 325,000.00 4.7 Freddie Mac, 4.75% 11/21/05 11/17/15 460,412.36 543,061.75 475,000.00 4.2 Freddie Mac, 2.5% 06/06/11 OS/27/16 631,092.77 646,711.50 605,000.00 2.4 Fannie Mae, 5.5% 06/17/11 12/25/16 106,456.66 107,669.23 103,060.12 5.3 FHR 2630KS, 4.0% 04/19/05 01/15/17 67,991.63 60,961.66 60,179.33 4.0 Freddie Mac, 4.5% 06/22/11 03/15/19 170,663.09 167,516.12 163,160.41 4.4 GNR 2003-43 B 06/05/09 04/16/33 31,810.23 30,506.45 29,962.04 4.3 GNR 2005-90A 05/03/07 09/16/28 1,656.05 2,062.67 2,017.26 3.7 GNR 2007-27 CL A 04/30/09 02/16/35 70,733.64 73,399.59 70,733.64 3.2 GNR 2003-72D OS/25/07 12/16/36 462,996.09 554,845.00 500,000.00 4.6 GNR 2006-67 A 05/06/11 10/06/11 73,630.37 71,739.70 70,320.63 3.9 FG J13917, 3.5% 01/20/11 12/01/20 62,594.65 62,550.56 79,277.97 3.4 FG B13606, 4.50% 02/15/11 04/01/19 139,624.32 140,120.94 131,466.23 4.2 FG C90441, 6.0% 04/14/11 05/01/21 129,370.22 128,079.99 117,230.33 5.5 FN 257264, 5.5% 04/19/11 06/01/16 137,557.52 135,149.37 124,594.93 5.1 FN 257329, 5.0% 02/15/11 06/01/16 63,442.65 61,767.14 56,010.09 4.7 FN 2574924.5% 02/15/11 11101/16 71,476.42 70,056.92 66,331.72 4.3 FN A12659, 4.0% 06116/11 06/01/21 120,731.56 119,605.17 113,659.43 3.6 FN 725517, 5.0% 03/17/11 05/01/19 157,710.55 156,554.36 146,644.94 4.6 FN AB1461, 3.5% 06/16/11 09/01/20 93,566.02 92,510.73 66,603.32 3.4 FN AB1627, 3.5% 11/17/11 11/01/20 125,244.07 125,266.07 119,994.32 3.4 FN AB2576, 3.5% 07/19/11 05/01/21 116,096.30 116,066.59 113,100.64 3.4 FN MA0403, 3.5% 03/17/11 04/01/20 176,931.15 160,290.01 172,675.04 3.4 FN MA0548, 3.5% 01/20/11 09/01/20 73,390.69 73,465.31 70,362.33 3.4 GNMA #142495 07/22/67 12/15/15 3,562.38 4,376.03 3,947.31 7.2 GNMA #197505 06/23/67 03/15/17 3,005.21 3,534.17 3,114.30 7.0 GNMA #223913 10/29/67 09/15/17 150.92 154.90 153.62 10.4 12,362,102.04 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of November 30 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Bank One Money Market 12106/03 205,925.00 205,925.00 Treasury Note, 9.675% 05/01/09 11/15/15 144,234.36 136,166.00 100,000.00 7.3 Treasury Note, 6.675% 11/15/07 06/15/17 973,177.93 1,000,944.00 700,000.00 6.2 Treasury Note, 7.675% 12/04/06 02/15/21 429,603.93 452,716.00 300,000.00 5.2 Treasury Note, 6.125% 07/31/09 06/15/21 345,667.12 366,635.00 250,000.00 5.3 Treasury Note, 4.25% 06/16/09 11/15/14 363,402.94 369,511.50 350,000.00 3.6 Treasury Note, 3.675% 12/15/10 05/15/16 655,402.34 693,702.00 600,000.00 3.4 Treasury Note, 2.0% 02/27/09 11/30/13 300,231.44 310,290.00 300,000.00 1.9 Treasury Note, 1.675% OS/21/09 02/26/14 746,015.63 776,422.50 750,000.00 1.6 Treasury Note, 2.625% 06/16/09 04/30/16 604,013.26 912,667.60 645,000.00 2.4 Treasury Note, 2.25% 06/11/09 05/31/14 195,253.76 209,500.00 200,000.00 2.1 Treasury Note, 1.675% 09/24/09 06/15/12 432,536.09 429,064.25 425,000.00 1.9 Treasury Note, 2.625% 06/23/11 07/31/14 317,601.56 316,000.00 300,000.00 2.5 Treasury Note, 3.375% 03/16/10 11/15/19 244,990.24 261,270.00 250,000.00 3.0 Treasury Note, 2.125% 09/26/11 06/15/21 410,271.46 402,720.00 400,000.00 2.1 Zero Coupon Strips 01/12/09 05/15/14 446,714.50 495,635.00 500,000.00 Freddie Mac Note, 4.0% 07/06/03 06/12/13 69,633.00 79,142.25 75,000.00 3.6 FHLB,5.125% 11/15/06 06/14/13 126,916.66 135,107.50 125,000.00 4.7 FHLB,5.00% 09/20/10 11/17/17 164,025.66 167,290.20 140,000.00 4.2 Federal Farm Cr, 3.66% 11/15/06 07/06/13 47,033.50 52,796.00 50,000.00 3.7 Federal Farm Cr, 4.450% 02/22/06 06/01/15 95,736.00 112,423.00 100,000.00 4.0 Federal Farm Cr, 4.625% 10/20/05 11/03/14 49,177.50 55,559.50 50,000.00 4.2 Federal Farm Cr, 5.06% 01/09/06 10/05/15 79,292.25 66,596.00 75,000.00 4.4 FNMA 01/24/03 11/15/13 301,515.00 491,765.00 500,000.00 Fannie Mae, 4.375% 12/16/10 10/15/15 164,567.50 169,045.50 150,000.00 3.9 Fed Home Ln Mtg Corp., 3.75% 05/12/10 03/27/19 116,151.76 129,423.30 115,000.00 3.3 Fannie Mae, 2.0% 02/16/10 01/09/12 203,644.00 200,402.00 200,000.00 2.0 FG G30290, 6.5% 05/14/07 03/01/26 26,052.76 26,270.54 25,471.94 5.9 FG E62733, 5.5% 07/17/07 03/01/16 12,711.60 14,504.31 13,411.79 5.1 FG E69657, 5.5% 07/24/06 05/01/17 30,662.50 33,376.11 30,626.45 5.1 FG E95562, 4.5% 06/16/06 04/01/13 12,147.96 12,326.72 12,147.96 4.4 FG E96436, 4.5% 04/30/07 05/01/13 4,299.32 5,625.66 5,543.27 4.4 FG E96456, 5% 09/26/09 05/01/16 19,076.17 16,493.53 17,169.65 4.6 FG E96992, 4.5% 06/16/07 09/01/16 25,007.67 29,375.46 27,597.64 4.2 FG E99429, 4.0% 10/26/07 09/01/13 11,092.46 13,640.60 13,435.77 3.9 FG H02432, 6.0% 06/11/11 03/13/36 201,295.37 201,355.24 165,305.90 5.5 FG G12111, 5% 09/17/09 10/01/19 13,036.76 12,535.62 11,652.12 4.6 FG J-12371, 4.50% 09/20/10 06/01/25 93,115.37 91,213.31 66,173.66 4.3 FG C91093, 6% 09/14/09 09/01/27 22,022.33 20,746.67 16,991.23 5.5 FG C91149, 6% 09/14/09 01/01/26 27,226.06 26,522.60 24,290.06 5.5 FG HO-9079, 5.5% 10/13/11 06/01/37 66,276.60 66,216.11 62,179.56 5.1 FG Gl0639, 5.5% 10/16/07 10/01/13 13,069.64 14,016.66 12,966.51 5.1 FG Gll167, 5.5% 02/19/06 09/01/16 35,052.59 34,694.43 32,266.04 5.1 FG Gl1470, 4.5% 12/16/06 11/01/13 7,456.71 9,294.61 6,690.05 4.3 FG G11606, 4.5% 03/16/06 05/01/16 11,091.57 14,046.25 13,164.52 4.2 FG Gl1707, 6.0% 06/16/07 03/01/20 15,031.40 15,732.34 14,426.31 5.5 FHLMC Pool C01371, 7.0% 02/12/04 06/01/32 16,506.36 12,464.14 10,673.74 6.1 FHLMC Pool E00617, 5.5% 03/16/04 01/01/14 5,054.32 2,663.04 2,676.17 5.1 FG E00676, 6.5% 11/19/07 06/01/14 16,121.26 15,137.24 14,357.62 6.2 Fed Home Ln MIgCorp Pool E01141, 7% 04/17/07 03/01/17 24,416.15 23,349.75 21,434.18 6.4 Fed Home Ln MtgCorp Pool EOl156, 6.5% 11/19/07 05/01/17 27,119.61 27,266.25 24,936.76 5.9 FG E01250, 5% 09/29/09 11/01/17 13,924.29 13,333.16 12,501.46 4.7 FG E01307, 5% 03/19/07 02/01/16 19,940.72 21,976.17 20,596.22 4.7 FG E01345, 5.5% 02/15/07 04/01/16 14,591.61 15,761.42 14,614.46 5.1 FG E01365, 4.5% 09/22/09 06/01/16 22,991.54 22,519.43 21,260.06 4.3 FG E01424, 4.0% 10/20/06 06/01/16 39,730.05 45,311.76 43,007.42 3.6 FG E01426, 5.0% 03/16/06 06/01/16 19,666.51 22,232.96 20,617.96 4.7 FG E01466, 5% 05/19/06 10/01/16 23,692.55 25,123.63 23,522.02 4.7 FG E01490, 5% 02/16/04 11/01/16 15,244.74 14,400.29 13,461.02 4.7 FG E01544, 4.5% 03/16/04 01/01/19 12,131.74 11,975.11 11,313.28 4.3 FG E01590, 5.0% 07/17/06 02/01/19 24,440.39 26,396.46 24,705.16 4.7 FG E01642, 5% 09/17/09 05/01/19 14,116.27 13,665.64 12,797.60 4.7 FG E01647 4% 06/17/04 05/01/19 3,516.39 4,337.90 4,119.05 3.6 FG A9-1904, 5.50% 06/14/10 04/01/40 47,266.26 47,606.52 43,659.02 5.0 FG Al1312, 6.0% 12/12/06 07/01/33 46,444.66 52,695.63 47,565.42 5.4 FG Bl1231, 4.5% 04/20/04 12/01/16 13,914.50 13,646.54 13,006.53 4.2 FG Bl1429, 4.5% 03/16/06 12/01/16 21,762.56 26,306.06 24,715.66 4.2 FG B14039, 4.0% 10/19/07 05/01/14 3,336.60 4,156.15 4,071.16 3.9 FG B17493, 4.0% 05/31/06 12/01/14 5,504.76 6,229.36 6,030.66 3.9 FG B16639, 4.0% 10/19/07 01/01/15 5,705.53 6,921.19 6,750.06 3.9 FH KO-0034, 5.50% 12/13/10 05/01/37 74,364.63 74,066.32 66,654.74 5.1 FG C60396, 6.5% 01/13/05 05/01/26 25,495.30 22,642.55 19,677.23 5.7 FHLMC Pool C90230, 6.5% 06/14/04 09/01/16 10,529.27 9,121.79 6,216.60 5.9 FG C90247, 6.5% 06/25/04 01/01/19 15,345.02 13,661.45 12,309.06 5.9 FG C90436, 6.5% 06/14/04 04/01/21 10,546.51 6,634.40 7,959.65 5.9 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of November 30. 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FG C90481, 6% 02/24/04 09/01/21 7,594.89 6,154.40 5,633.06 5.5 FHLMC POOL C90584, 5.5% 09/29/09 10/01/22 15,783.56 15,153.73 14,034.74 5.1 FHLMC POOL C90588, 5.5% 09/29/09 11/01/22 16,931.84 16,141.09 14,949.19 5.1 FHLMCPOOL C90589, 6.0% 06/11/09 11/01/22 6,770.51 6,590.36 6,032.09 5.5 FG C90686, 4.5% 04/13/05 06/01/23 14,217.98 17,574.62 16,390.72 4.2 FG C90698, 4.5% 08/20/07 08/01/23 19,229.58 24,186.07 22,556.79 4.2 FG C90808, 6.5% 11/15/04 01/01/24 7,264.46 6,659.57 6,000.31 5.9 FNMA 251818,6% 09/30/04 06/01/18 31,112.98 26,951.20 24,570.33 5.5 Fed Nail MtgAssn Pool 253946, 7% 07/15/04 08/01/21 14,641.77 11,774.66 10,300.28 6.1 FNMA 254186,5.5% 01/20/04 01/01/12 2,833.41 49.97 47.18 5.2 FN 254342, 6.0% 01/29/08 06/01/17 43,231.32 42,337.44 39,030.03 5.5 Fed Natl MtgAssn Pool 254455, 5.5% 01/20/04 08/01/12 4,386.65 1,112.71 1,035.35 5.1 FNMA 254470, 5.5% 01/20/04 09/01/12 3,023.77 751.14 744.17 5.4 FN 254471, 6.0% 06/11/09 09/01/22 6,525.26 6,478.11 5,882.40 5.4 FNMA254488, 6% 02/18/04 09/01/12 7,142.93 1,713.50 1,695.21 5.9 FN 254513, 6.0% 06/11/09 10/01/22 6,175.45 6,103.04 5,541.82 5.4 FN 254544, 6.0% 06/11/09 11/01/22 11,832.69 11,655.79 10,583.95 5.4 FN 254631, 5.0% 11/19/07 02/01/18 9,455.53 10,453.58 9,681.57 4.6 FN 254634, 5.5% 09/29/09 02/01/23 19,625.27 19,250.45 17,595.42 5.0 FNMA 254640, 5.5% 03/16/06 01/01/13 2,552.73 2,730.97 2,578.65 5.2 FNMA 254659, 4.5% 10/30/07 02/01/13 2,573.88 3,115.34 2,943.69 4.3 FN 254719, 4.5% 09/22/09 04/01/18 19,229.94 19,006.42 17,780.46 4.2 FNMA 254757, 5% 01/20/04 05/01/13 12,582.36 7,019.09 6,616.66 4.7 FNMA 254802, 4.5% 10/31/05 07/01/18 16,734.27 20,162.40 18,861.87 4.2 FNMA254882, 5.0% 10/18/05 08/01/13 12,264.51 11,834.10 11,263.28 4.8 FNMA254908, 5% 04/15/04 09/01/23 17,338.11 17,110.61 15,907.23 4.6 FNMA 254958, 4.5% 11/30/06 09/01/13 3,954.50 5,150.21 4,845.11 4.2 FNMA 254959, 5.0% 03/18/08 10/01/13 13,986.52 13,196.38 12,547.90 4.8 FNMA254971, 5.5% 01/20/04 10/01/13 6,707.70 3,481.65 3,290.72 5.2 FN 254987, 5.0% 02/18/09 12/01/18 14,748.87 15,046.70 13,935.48 4.6 FNMA 255040, 4.5% 10/30/07 12/01/13 7,723.12 8,888.58 8,429.11 4.3 FNMA 255041,5% 02/23/04 12/01/13 6,523.08 4,496.27 4,267.04 4.7 FNMA 255117, 5% 02/18/04 02/01/14 7,944.71 5,696.16 5,395.57 4.7 FNMA 255148,5.5% 02/18/04 02/01/14 9,219.94 6,068.92 5,678.95 5.1 FN 255271, 5% 04/12/06 06/01/24 13,372.77 16,334.62 15,011.37 4.6 FN 255290, 4.0% 11/18/08 06/01/14 13,280.40 14,229.16 13,831.91 3.9 FN 779774, 5% 03/16/06 07/01/24 22,058.96 26,704.68 24,541.36 4.6 FN 255431, 4.5% 03/14/07 09/01/14 .7,361.30 8,918.82 8,383.06 4.2 FN 255574, 4.50% 03/09/06 12/01/14 9,979.17 11,945.41 11,500.24 4.3 FN 255810, 5.0% 11/14/11 08/01/25 104,342.16 105,040.81 96,865.37 4.6 FNMA 255938, 4.50% 11/17105 11/01/15 7,793.39 9,404.26 9,061.46 4.3 FN 256323, 5.5% 01/13/11 07/01/26 164,785.00 162,587.95 149,506.15 5.1 FN 256556, 6.0% 03/10/11 01/01/27 76,322.84 75,032.09 68,345.20 5.5 FNMA 303771, 6.5% 10/29/04 03/01/16 13,290.12 11,013.48 9,954.07 5.9 FNMA 340901, 6% 01/15/04 03/01/14 15,110.64 10,170.05 9,402.61 5.5 FN 535170, 5.50% 03/16/06 09/01/14 8,066.55 8,735.02 8,066.55 5.1 Fed Nail MtgAssn Pool 545639, 6.5% 03/13/06 04/01/32 21,503.03 23,009.22 20,256.92 5.7 FN 545696, 6.0% 05/19/09 06/01/22 28,820.50 28,507.81 25,989.43 5.5 FNMA555545, 5% 08/18/09 06/01/18 33,736.76 33,451.03 30,980.63 4.6 FNMA 555591, 5.5% 02/12/04 07/01/33 17,176.33 17,451.73 15,987.88 5.0 FN 555969, 4.0% 04/18/06 12/01/18 7,786.50 9,964.38 9,405.59 3.8 FN 615017, 5.0% 06/19/06 12/01/16 15,999.63 19,829.98 18,386.80 4.6 FN 658867, 6.0% 07/17/07 08/01117 11,963.64 12,773.35 11,775.49 5.5 Fed Nail MIgAssn Pool 676674, 5% 11/19/07 12/01/17 13,343.37 14,774.53 13,683.41 4.6 Fed Nail MtgAssn Pool 681347, 5% 11/19/07 02/01/18 16,819.80 18,647.07 17,269.96 4.6 FNMA695871, 4.5% 10/31/07 04/01/18 14,843.73 17,282.82 16,168.03 4.2 FNCI Pool 704460, 6% 01/20/04 05/01/18 8,685.94 5,555.07 5,116.67 5.5 FNMA 708760, 4.5% 03/16/04 06/01/18 14,423.99 14,521.14 13,584.49 4.2 FNMA 709028, 5.0% 03/16/06 06/01/18 18,434.53 21,525.60 19,935.91 4.6 FNMA 709122,4.5% 08/20/07 07m1l18 18,556.67 22,084.12 20,659.64 4.2 FNMA721608, 4.0% 05/29/07 07/01118 14,036.32 17,879.23 16,876.59 3.8 FN 725045, 4.5% 11/30/06 11/01/18 19,452.64 22,768.74 21,300.10 4.2 FN 725352, 4.5% 09/18/07 04/01/19 15,081.54 17,986.20 16,816.13 4.2 FN 725510, 6.5% 11/19/07 07/01117 18,989.44 17,148.42 16,309.31 6.2 FN 725704, 6% 09/14/09 08/01/34 30,239.81 30,504.14 27,496.07 5.4 FN 725876, 5% 05/26/06 10/01/19 19,363.17 23,290.88 21,570.82 4.6 FNMA 729347,4.0% 03/13/06 07/01/18 12,719.79 17,142.15 16,180.85 3.8 FNMA730675, 4.5% 12/13/05 08/01/33 16,552.28 20,667.36 19,468.31 4.2 FNMA 731190, 4.5% 08/20/07 08/01/18 15,247.82 18,583.62 17,384.93 4.2 FNMA 734741, 4% 08/17/04 10/01/18 2,217.74 2,727.29 2,574.35 3.8 FN 735522, 4.0% 05/17/05 12/01118 19,441.47 22,769.07 21,492.22 3.8 FN 735727, 6% 04/17/08 01/01/20 35,841.58 34,675.21 32,058.59 5.5 FNMA736541, 4% 02/16/05 08/01/18 6,288.45 7,194.06 6,719.28 3.7 FNMA 744316, 5% 02/18/09 09/01118 36,469.91 36,971.20 34,240.84 4.6 FN 745017, 4.5% 05/19/09 07/01/20 25,747.54 25,641.14 23,973.09 4.2 FN 745444, 5.5% 10/28/08 04/01/16 17,556.25 17,843.10 16,634.75 5.1 FN 745575, 6.5% 10/13/10 02/01/36 81,883.20 81,824.12 72,964.09 5.8 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of November 30, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FN 748682, 4.5% 03/19/07 10/01/18 14,011.04 16,410.97 15,352.42 4.2 FNMA 759424, 5.5% 01/14/04 01/01/34 17,175.29 18,041.29 16,253.41 5.0 FN 763860, 4.0% 03/13/06 03/01/34 17,090.36 21,476.56 20,475.12 3.8 FNMA 888250, 5.5% 09/16/08 01/01/21 25,569.36 26,789.69 24,711.00 5.1 FN 888889, 4.5% 12/17107 12/01/18 32,438.40 36,910.43 34,529.61 4.2 FN 889634, 6.0% 07/19/10 02/01/23 69,656.79 66,666.61 61,413.88 5.5 FN 923790, 6.50% 09/14/10 05/01/37 97,284.96 92,429.56 88,735.50 6.2 FN 976871, 6.5% 05/12/09 08/01/36 39,237.12 40,032.96 35,226.95 5.7 FN 995656, 7.0% 04/13/09 11/15/16 49,655.96 50,388.73 44,171.58 6.1 FN AB1940, 3.50% 10/18/11 12/01/25 191,283.56 189,361.08 182,067.46 3.4 FN AD7139, 5.50% 11/10/10 07/01/40 94,254.34 94,164.15 85,847.26 5.0 Ginnie Mae, 6.0% 02/17/11 09/20/36 82,551.01 84,677.05 75,051.01 5.3 Ginnie Mae G2 2563, 6.5% 05/18/11 03/20/28 178,462.14 177,234.06 156,480.10 5.7 Ginnie Mae G2 3851, 5.5% 04/20/11 OS/20/36 65,312.18 67,009.33 59,756.13 4.9 GN 004211M, 6.5% 07/21/10 08/20/38 63,730.67 63,905.52 56,256.34 5.7 GNMA 780769,7.5% 01/20/04 04/15/13 5,292.48 181.12 178.97 7.4 GNMA 781403,6% 03/18/04 02/15/17 10,576.04 7,776.16 7,206.09 5.6 GNMA 781407,7% 01/21/04 11/15/16 7,316.60 1,658.51 1,642.38 6.9 GNMA 781567,5% 02/18/04 02/15/18 8,265.53 7,463.98 6,957.99 4.7 12,277,232.38 x Total Investments $ 50,140,208.85 Book Market Percent Total Invested Per Institution Value Value Invested Illinois Funds 899,497.43 899,497.43 1.79 Money Market 346,403.64 346,403.64 0.69 Mutual Funds 24,601,376.16 25,001,843.05 49.07 GNMA 1,025,522.87 1,086,618.72 2.05 Treasury Notes 14,210,549.95 15,009,640.34 28.34 FNMA 7,071,697.59 7,417,630.02 14.10 FHLMC Bonds 310,898.62 321,555.70 0.62 FHLB Agency Bonds 956,308.84 1,027,897.58 1.91 Federal Farm Cr Bonds 271,239.25 307,376.50 0.54 Zero Coupon Bonds 446,714.50 495,835.00 0.89 $50,140,208.85 $51,914,297.98 100.00 OPERATING REPORT SUMMARY REVENUES November 30, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Water & Sewer Fund Water Sales 908,333 809,862 9,991,667 9,682,079 10,900,000 88.8% Connection Fees 4,167 45,833 3,794 50,000 7.6% Cross Connection Fees 3,083 3,147 33,917 34,699 37,000 93.8% Penalties 4,167 6,200 45,833 50,996 50,000 102.0% Investment Earnings 1,250 95 13,750 4,609 15,000 30.7% Other Revenue Sources 38,393 948,416 422,327 1,247,507 460,720 270.8% Total Water Fund 959,393 1,767,719 10,553,327 11,023,684 11,512,720 95.8%1 91.7% Motor Fuel Tax Fund 113,233 110,911 1,245,567 1,277,795 1,358,800 94.0% Community Dev. Block Grant Fund 27,917 21,309 307,083 166,838 335,000 49.8% EDA Administration Fund 337,223 213 3,709,457 4,052,510 4,046,680 100.1% E-911 Surcharge 2,229 2,179 24,521 22,303 26,750 83.4% Asset Seizure Fund 108,211 511,979 1,190,319 1,142,184 1,298,530 88.0% Municipal Waste System Fund 95,912 80,820 1,055,028 862,413 1,150,940 74.9% Sears Centre Operating Fund 389,263 288,538 4,281,888 3,955,032 4,671,150 84.7% Insurance Fund 159,483 159,905 1,754,317 1,753,280 1,913,800 91.6% Information Systems 92,228 89,113 1,014,512 1,009,850 1,106,740 91.2% Roselle Road TIF 62,200 62,207 538,320 538,545 1,171,580 46.0% Total Spec Rev. & Int. Svc. Fund 1,387,899 1,327,173 15,121,011 14,780,750 17,079,970 86.5% TOTAL OPERATING FUNDS 7,540,347 10,393,362 64,721,998 63,287,812 74,420,358 85.0%1 91.7% Sears EDA Gen Account 15,988,968 N/A 2001 G.O. Debt Service 583,400 583,422 641,120 641,288 643,600 99.6% 1997 A & B G.O. Debt Service 529,200 529,244 529,200 553,447 553,480 100.0% 2003 G.O. Debt Service 230,100 230,101 692,530 693,433 711,280 97.5% 2004 G.O. Debt Service 383,300 383,368 822,900 956,549 974,040 98.2% 200SA G.O. Debt Service 1,964,800 1,964,850 3,605,040 3,286,656 3,905,500 84.2% 2005 EDA TIF Bond Fund 7 2,000 2,051 21,000 9.8% 2008 G.O.D.S. Fund 666,100 666,126 1,986,100 1,332,262 1,352,260 98.5% 2009 G.O.D.S. Fund 22,300 22,339 246,200 255,811 550,000 46.5% TOTAL DEBT SERVo FUNDS 4,379,200 4,379,457 8,525,090 23,710,467 8,711,160 272.2%1 91.7% Central Rd. Corridor Fund 25 23 275 145 300 48.4% Hoffman Blvd Bridge Maintenance 39 32 431 354 470 75.3% Western Corridor Fund 925 45 10,175 511 11,100 4.6% Traffic Improvement Fund 113 56 1,238 406 1,350 30.1% EDA Series 1991 Project 39,167 465 430,833 5,633 470,000 1.2% Central Area Rd. Impr. Imp. Fee 42 48 458 518 500 103.6% 2008 Capital Project Fund 2 2,729 N/A Western Area Traffic Impr. 60 37 660 426 720 59.2% 2009 Capital Project Fund 83,333 109 916,667 504,458 1,000,000 50.4% Western Area Traffic Impr. Impact Fee 425 33,233. 4,675 158,519 5,100 3108.2% Capital Improvements Fund 777,886 37,379 8,556,744 2,290,448 9,334,630 24.5% Capital Vehicle & Equipment Fund 46,213 36,420 508,338 512,325 554,550 92.4% Capital Replacement Fund 500 421 5,500 3,478 6,000 58.0% TOTAL CAP. PROJECT FUNDS 948,727 108,271 10,435,993 3,479,950 11,384,720 30.6%1 91.7% Police Pension Fund 906,100 906,149 4,129,490 4,132,424 4,405,184 93.8% Fire Pension Fund 850,900 850,980 4,875,220 4,876,397 4,186,294 116.5% TOTAL TRUST FUNDS 1,757,000 1,757,129 9,004,710 9,008,820 8,591,478 104.9%1 91.7% TOTAL ALL FUNDS 14,625,273 16,638,218 92,687,792 99,487,050 103,107,716 96.5%1 91.7% OPERATING REPORT SUMMARY EXPENDITURES November 30,2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK General Fund General Admin. Legislative 29,358 30,315 322,933 286,747 352,290 81.4% Administration 48,168 41,590 529,852 488,085 578,020 84.4% Legal 39,586 47,638 435,444 368,190 475,030 77.5% Finance 68,321 59,813 759,208 713,423 819,850 87.0% Village Clerk 14,558 13,604 160,133 150,510 174,690 86.2% Human Resource Mgmt. 36,884 34,250 405,726 387,400 442,610 87.5% Communications 14,173 9,884 155,898 147,965 170,070 87.0% Cable TV 11,456 9,422 126,014 109,271 137,470 79.5% Emergency Operations 13,354 10,801 146,896 150,946 160,250 94.2% Total General Admin. 275,857 257,316 3,042,103 2,802,536 3,310,280 84.7%1 91.70/01 Police Department Administration 106,132 126,103 1,192,448 1,121,587 1,273,580 88.1% Juvenile Investigations 57,586 72,394 653,444 525,331 691,030 76.0% Problem Orient. Police 108 47 1,192 497 1,300 38.2% Tactical 61,737 89,810 704,103 673,178 740,840 90.9% Patrol and Response 781,504 1,121,973 8,936,540 8,350,083 9,378,044 89.0% Traffic 75,623 124,745 851,848 839,325 907,470 92.5% Investigations 90,186 127,478 1,022,044 950,420 1,082,230 87.8% Community Relations 843 11,777 7,135 10,120 70.5% Communications 47,258 46,273 519,842 555,070 567,100 97.9% Canine 12,672 18,304 144,388 134,168 152,060 88.2% Special Services 9,976 7,965 109,734 154,468 119,710 129.0% Records 27,541 22,211 302,949 276,369 330,490 83.6% Administrative Services 58,979 57,566 648,771 606,496 707,750 85.7% Total Police 1,330,144 1,814,869 15,099,080 14,194,127 15,961,724 88.9%1 91.7%1 Fire Department Administration 49,008 55,872 546,092 538,106 588,100 91.5% Public Education 2,365 (4,053) 26,015 21,405 28,380 75.4% Suppression 498,615 725,519 5,659,760 5,350,174 5,983,374 89.4% Emer. Med. Servo 452,031 645,001 5,142,339 4,767,392 5,424,370 87.9% Prevention 31,879 7,404 390,671 278,106 382,550 72.7% Fire Stations 1,998 3,659 22,732 15,288 23,980 63.8% Total Fire 1,035,896 1,433,403 11,787,608 10,970,471 12,430,754 88.3%1 91.7%1 Public Works Department Administration 19,913 16,508 219,047 201,447 238,960 84.3% Snowllce Control 149,615 64,186 1,645,765 1,566,419 1,795,380 87.2% Pavement Maintenance 27,531 25,116 302,839 300,429 330,370 90.9% Forestry 68,266 51,809 750,924 603,255 819,190 73.6% Facilities 81,157 67,538 892,723 781,544 973,880 80.3% Fleet Services 100,654 122,678 1,107,196 1,169,590 1,207,850 96.8% FAS.T. 17,808 46,587 195,892 167,777 213,700 78.5% Storm Sewers 17,495 15,320 192,445 186,395 209,940 88.8% Traffic Control 49,937 45,257 549,303 504,729 599,240 84.2% Total Public Works 532,376 454,999 5,856,134 5,481,586 6,388,510 85.8%1 91.7%1 OPERATING REPORT SUMMARY EXPENDITURES November 30, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Development Services Administration 16,596 18,182 182,554 178,532 199,150 89.6% Planning 36,831 38,879 405,139 420,121 441,970 95.1% Code Enforcement 86,805 81,918 954,855 929,126 1,041,660 89.2% Transportation & Engineering 85,062 80,766 935,678 896,520 1,020,740 87.8% Economic Development 98,337 22,005 1,081,703 555,088 1,180,040 47.0% Total Development Services 323,630 241,750 3,559,930 2,979,387 3,883,560 76.7%1 91.7%1 Health & Human Services 53,185 51,833 585,035 544,929 638,220 85.4%1 91.7%1 Miscellaneous 4th of July 88,250 89,282 93,800 95.2% Police & Fire Comm. 7,191 3,958 79,099 42,993 86,290 49.8% Misc. Boards & Comm. 12,191 10,806 134,099 111,628 146,290 76.3% Misc. Public Improvements 2,300,000 1,098,371 4,094,258 1,425,550 3,763,110 37.9% Total Miscellaneous 2,319,382 1,113,135 4,395,707 1,669,454 4,089,490 40.8%1 91.7%1 Total General Fund 5,870,469 5,367,306 44,325,597 38,642,489 46,702,538 82.7%1 91.7%1 Water & Sewer Fund Water Department 836,700 1,198,890 9,690,808 9,415,063 11,209,460 84.0% Sewer Department 264,106 297,880 2,905,164 2,671,302 3,169,270 84.3% Billing Division 49,692 46,310 546,608 536,408 596,300 90.0% Debt Service Division 4,630 0.0% Capital Projects Division 255,600 256,145 100,000 256.1% Total Water & Sewer 1,150,498 1,543,080 13,398,181 12,878,919 15,079,660 85.4%1 91.7%1 Motor Fuel Tax 25,553 153,815 234,273 288,698 306,630 94.2% Community Dev. Block Grant Fund 21,300 21,309 166,600 166,838 335,000 49.8% EDA Administration Fund 394,650 508,214 4,341,150 4,249,922 4,735,800 89.7% E-911 Fund 25,000 57,717 275,000 284,880 300,000 95.0% Asset Seizure Fund 109,523 511,552 1,204,757 1,146,693 1,314,280 87.2% Municipal Waste System 101,127 101,700 1,112,393 1,085,395 1,213,520 89.4% Sears Centre Operating Fund 349,225 2,218,139 3,841,475 4,186,363 4,190,700 99.9% Insurance 158,817 133,405 1,746,983 1,498,969 1,905,800 78.7% Information Systems 92,228 75,385 1,014,512 874,269 1,106,740 79.0% Roselle Road TIF 23,420 8,911 257,620 69,808 281,040 24.8% TOTAL OPERATING FUNDS 8,321,809 10,700,532 71,918,540 65,373,243 77,471,708 84.4%1 91.7%1 Sears EDA General Account 15,988,968 N/A 2001 G.O. Debt Service 531,700 531,700 . 543,600 544,000 544,000 100.0% 1997 A & B G.O. Debt Service 529,100 529,196 553,100 553,393 553,400 100.0% 2003 G.O. Debt Service 691,300 691,390 703,200 703,380 703,380 100.0% 2004 G.O. Debt Service 938,300 938,369 971,800 972,238 972,240 100.0% 2005A G.O. Debt Service 2,564,800 2,564,850 5,232,810 3,899,716 3,904,700 99.9% 2005 EDA TIF Bond Fund 3,500 3,500 21,000 16.7% 2008 G.O.D.S. Fund 666,100 666,125 1,332,600 1,332,750 1,332,750 100.0% 2009 G.O.D.S. Fund 756,900 756,928 1,513,400 2,260,357 1,514,360 149.3% TOTAL DEBT SERVo FUNDS 6,678,200 6,678,558 10,854,010 26,258,301 9,545,830 275.1%1 91.7%1 OPERATING REPORT SUMMARY EXPENDITURES November 30, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Central Road Corridor Improvement 20,833 229,167 250,000 0.0% Hoffman Blvd Bridge Maintenance 250 2,750 2,500 3,000 83.3% Traffic Improvement Fund 51,333 71,939 564,667 160,044 616,000 26.0% EDA Series 1991 Project 132,585 1,458,435 52,592 1,591,020 3.3% Central Area Rd. Impr. Imp. Fee 8,333 91,667 100,000 0.0% 2008 Capital Project 3,726 N/A 2009 Capital Project 6,300 6,360 1,775,800 2,290,652 1,805,000 126.9% Western Area Rd Improve Imp. Fee 25,000 275,000 17,484 300,000 5.8% Capital Improvements Fund 45,500 45,533 2,362,730 2,364,560 9,334,120 25.3% Capital Vehicle & Equipment Fund 62,600 (33,590) 606,642 406,721 554,500 73.3% Capital Replacement Fund 24,800 24,918 291,520 8.5% TOTAL CAP. PROJECT FUNDS 352,735 90,241 7,391,657 5,323,196 14,845,160 35.9%1 91.7%1 Police Pension Fund 236,575 256,530 2,602,326 2,861,035 2,838,901 100.8% Fire Pension Fund 263,755 277,272 2,901,308 2,851,591 3,165,063 90.1% TOTAL TRUST FUNDS 500,330 533,802 5,503,634 5,712,626 6,003,964 95.1%1 91.7%1 TOTAL ALL FUNDS 15,853,074 18,003,134 95,667,840 102,667,366 107,866,662 95.2%1 91.7%1 HOFFMAN ESTATES GROWING TO GREATNESS January 23, 2012 DEPARTMENT OF FINANCE MONTHLY REPORT DECEMBER 2011 Water Billing A total of 14,579 residential water bills were mailed on January 3 for November's water consumption. Average consumption was 4,757 gallons, resulting in an average residential water bill of $33.29. Total consumption for all customers was 112 million gallons, with 69 million gallons attributable to residential consumption. When compared to the January 2011 billing, residential consumption decreased by 2.8%. Total Water Consumption Total Water Consumption Vear-To-Date Comparison Month of November Month of November 1,800 140 1,600 120 1,400 100 1,200 1,000 80 800 60 600 40 400 20 200 0-1"----,----..,.----,----...,------,' O-¥---=-..,.---:::..~-,----...,---...,---=~----,' 2007 2008 2009 2010 2011 2007 2008 2009 2010 2011 • Residential OCI Commercial • Residential [1 Commercial 1900 Hassell Road, Hoffman Estates, Illinois 60169 • Phone: 847-882-9100 • Fax: 847-843-4822 Web: www.hoffmanestates.org Investments - Village As of December 31, 2011, the Village's investment portfolio totaled $48.2 million. Of this amount, $15.7 million pertained to the various operating funds. As can be seen in the following graphs, the remaining $32.5 million is related to debt service, capital projects and trust funds. Investment Portfolio by Fund Type Investment Portfolio by Type As of December 31, 2011 As of December 31, 2011 5% 8% 33% 30% • Debt Service • Operating II Capital Projects • Trust .IL Funds • IMET Ii:~ Money Market. Agency Notes • CD's General Fund Investments 10.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 0 .-l .-l .-l .-l '( .-l .-l uI c: .0 ~ QJ QJ 0 ~'" u.. ~'" 2 Operating Funds General Fund For the month of December, General Fund revenues totaled $5,370,915 and expenditures totaled $6,684,546, resulting in a deficit of $1,313,631. Revenues: December year-to-date figures are detailed in the table below. YEAR-TO-DATE YEAR-TO-DATE REVENUES BUDGET ACTUAL VARIANCE Taxes $ 24,120,528 $ 22,361,680 -7.3% Licenses & Permits 1,045,000 1,842,781 76.3% Intergovernmental 11,525,720 9,122,147 -20.9% Charges for Services 4,814,620 5,334,983 10.8% Fines & Forfeits 1,287,000 830,489 -35.5% Investments 40,000 10,328 -74.2% Miscellaneous 2,614,800 2,971,887 13.7% TOTAL $ 45,447,668 $ 42,474,294 -6.5% VTO Budget and Actual Comparison $25,000,000 $20,000,000 • Budget • Actual $15,000,000 $10,000,000 $5,000,000 Taxes Lie. & Permits Intergov't Servo Chgs. Fines Investments Misc. 3 Hotel Tax $300,000 $250,000 $200,000 .2010 Actual $150,000 • 2011 Budget Li 2011 Actual $100,000 $50,000 $0 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Cumulative Variance 2011 Actual Quarter Earned 2010 Actual 2011 Budget 2011 Actual V5. Budget 1st Qtr $ 216,529 $ 237,500 $ . 225,361 $ (12,139) 2nd Qtr 281,062 237,500 301,000 $ 51,361 3rd Qtr 289,474 237,500 312,787 $ 126,648 4th Qtr 218,497 237,500 225,000 ** $ 114,148 YTD Totals $ 1,005,562 $ 950,000 $ 1,064,148 "Note: These amounts are estimates. 4 Real Estate Transfer Tax $90,000 -,------ $80,000 +------__------ $70,000 +------__------ $60,000 +---__------__------ $50,000 +----__------_.------.2010 Actual .2011 Budget $40,000 o 2011 Actual $30,000 $20,000 $10,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 18,784 $ 39,583 $ 16,278 $ (23,305) Feb 63,825 39,583 11,439 (51,450) Mar 26,289 39,583 30,502 (60,532) Apr 45,896 39,583 24,316 (75,799) May 29,151 39,583 22,682 (92,701) Jun 46,786 39,583 80,624 (51,660) Jul 31,687 39,583 34,004 (57,239) Aug 34,315 39,583 25,007 (71,816) Sep 27,417 39,583 30,607 (80,792) Oct 21,732 39,583 35,432 (84,944) Nov 17,993 39,583 25,466 (99,061) Dec 42,458 39,583 29,898 (108,747) YTD Totals $ 406,331 $ 475,000 $ 366,253 5 Home Rule Sales Tax $400,000 $350,000 $300,000 ij;j $250,000 _2010 Actual $200,000 r- 2011 Budget • " 2011 Actua I~L $150,000 r...•·.·•.,1 tv f>.1 $100,000 ~r ~;I t1'-': $50,000 1<>fib'.'I- ~I $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Earned 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan 361,813 $ 287,500 344,625 $ 57,125 Feb 231,066 287,500 228,719 (1,656) Mar 268,550 287,500 262,809 (26,347) Apr 273,585 287,500 299,150 (14,697) May 274,366 287,500 274,031 (28,166) Jun 277,551 287,500 280,136 (35,530) Jul 287,434 287,500 304,288 (18,741) Aug 291,181 287,500 243,665 (62,577) Sep 269,544 287,500 247,418 (102,659) Oct 292,375 287,500 275,143 (115,016) Nov 277,562 287,500 268,583 * (133,933) Dec 301,088 287,500 275,324 ** (146,108) YTD Totals $ 3,406,115 $ 3,450,000 $ 3,303,892 *Note: These amounts are known, but not yet received. **Note: These amounts are estimates. 6 Telecommunications Tax $400,000 $350,000 $300,000 $250,000 .2010 Actual $200,000 __ 2011 Budget S"",,,ct.,' $150,000 IIj $100,00q ~: ~j $50,000 ~- ~j ! $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Earned 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 286,682 $ 258,333 $ 288,064 $ 29,731 Feb 327,075 258,333 224,492 (4,111) Mar 246,691 258,333 213,462 (48,982) Apr 220,581 258,333 242,838 (64,477) May 242,165 258,333 230,201 (92,610) Jun 242,650 258,333 229,458 (121,485) Jul 244,282 258,333 219,614 (160,204) Aug 195,890 258,333 250,102 (168,435) Sep 277,741 258,333 233,952 (192,817) Oct 219,161 258,333 224,159 * (226,991) Nov 183,690 258,333 235,634 ** (249,690) Dec 249,920 258,333 235,634 ** (272,390) YTD Totals $ 2,936,528 $ 3,100,000 $ 2,827,610 'Note: These amounts are known, but not yet received. "Note: These amounts are estimates. 7 Building Permits $800,000 $700,000 +------11------ $600,000 +------111------ $500,000 +------1111------ .2010 Actual $400,000 +------11------.2011 Budget 0.1 2011 Actual $300,000 +------1111------ $200,000 +------IIII------i__------ $100,000 +---- I------IIII------lIIII----=,------ $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 15,406 $ 45,833 $ 56,205 $ 10,371 Feb 14,188 45,833 109,506 74,044 Mar 42,179 45,833 23,056 51,267 Apr 22,809 45,833 26,225 31,659 May 44,223 45,833 713,230 699,055 Jun 44,927 45,833 27,590 680,812 Jul 56,305 45,833 255,726 890,705 Aug 92,601 45,833 28,265 873,137 Sep 64,232 45,833 28,042 855,346 Oct 80,353 45,833 41,675 851,187 Nov 38,217 45,833 17,426 822,780 Dec 16,877 45,833 20,531 797,477 YTD Totals $ 532,318 $ 550,000 $ 1,347,477 8 State Sales Tax $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Earned 2010 Actual 2011 Budget 2011 Actual V5. Budget Jan $ 576,980 $ 512,500 $ 567,696 $ 55,196 Feb 417,113 512,500 413,811 (43,493) Mar 475,153 512,500 490,092 (65,901) Apr 484,646 512,500 555,394 (23,007) May 460,765 512,500 491,400 (44,107) Jun 498,893 512,500 469,329 (87,278) Jul 570,797 512,500 528,513 (71,265) Aug 508,110 512,500 463,544 (120,221) Sep 494,384 512,500 475,886 (156,835) Oct 529,219 512,500 493,201 (176,133) Nov 477,448 512,500 488,836 * (199,797) Dec 533,111 512,500 494,337 ** (217,961) YTD Totals $ 6,026,619 $ 6,150,000 $ 5,932,039 'Note: These amounts are known, but not yet received. "Note: These amounts are estimates. 9 Local Use Tax $100,000 $90,000 ~.~'~~ $80,000 $70,000 I $60,000 IkL .~ • 2010 Actual $50,000 f--__---0iJ-----1__------1__-m--l ~~,--- .2011 Budget I~I i i 2011 Actual $40,000 ~r $30,000 ~t '.j $20,000 $10,000 ~ ~if $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Earned 2010 Actual 2011 Budget 2011 Actual V5. Budget Jan $ 70,808 $ 46,667 $ 89,688 $ 43,022 Feb 42,136 46,667 54,852 51,207 Mar 33,512 46,667 58,968 63,508 Apr 66,878 46,667 66,993 83,834 May 50,896 46,667 62,590 99,758 Jun 48,246 46,667 60,981 114,072 Jul 62,248 46,667 67,380 134,785 Aug 51,747 46,667 53,929 142,047 Sep 50,139 46,667 64,228 159,609 Oct 58,254 46,667 48,712 161,654 Nov 73,288 46,667 61,257 * 176,244 Dec 56,972 46,667 62,689 ** 192,266 YTD Totals $ 665,122 $ 560,000 $ 752,266 'Note: These amounts are known, but not yet received. "Note: These amounts are estimates. 10 Income Tax $600,000 -,------ $500,000 +------__------ $400,000 h;;--1~------____IIll------f'------ • 2010 Actual $300,000 .2011 Budget I j 2011 Actual $200,000 $100,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Earned 2010 Actual 2011 Budget 2011 Actual V5. Budget Jan $ 395,672 $ 325,000 $ 429,121 $ 104,121 Feb 244,829 325,000 214,029 (6,850) Mar 381,955 325,000 368,201 36,351 Apr 499,739 325,000 470,428 181,779 May 266,468 325,000 309,782 166,561 Jun 374,493 325,000 401,305 242,866 Jul 245,519 325,000 276,085 193,951 Aug 251,788 325,000 265,743 * 134,694 Sep 365,945 325,000 253,091 * 62,785 Oct 275,406 325,000 376,026 * 113,811 Nov 304,584 325,000 336,381 ** 125,192 Dec 247,248 325,000 336,381 ** 136,573 YTD Totals $ 3,853,644 $ 3,900,000 $ 4,036,573 'Note: These amounts are known, but not yet received. "Note: These amounts are estimates. 11 ~ ------ $120,000 -,------ $110,000 $100,000 $90,000 $80,000 $70,000 .2010 Actual $60,000 • 2011 Budget III 2011 Actual $50,000 $40,000 $30,000 $20,000 $10,000 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 71,434 $ 107,250 $ 73,863 $ (33,387) Feb 73,024 107,250 65,195 (75,442) Mar 70,786 107,250 76,885 (105,807) Apr 87,580 107,250 61,650 (151,407) May 67,207 107,250 48,405 (210,252) Jun 73,521 107,250 62,026 (255,476) Jul 62,100 107,250 59,745 (302,981) Aug 60,563 107,250 89,904 (320,327) Sep 71,454 107,250 38,617 (388,960) Oct 64,530 107,250 71,061 (425,149) Nov 52,066 107,250 73,599 (458,800) Dec 73,422 107,250 109,538 (456,512) YTD Totals $ 827,687 $ 1,287,000 $ 830,488 12 Interest Income $3,500 -.------ $3,000 +-__----1.- 1---__----1.- 1---__----1.- 1---__----1.--111--- $2,500 +- ----1 - __1------1 - __1------1 - __1------1 - 1--- $2,000 +-__----1.- 1---__----1.- 1---__----1.--111--__----1.._--111--- .2010 Actual .2011 Budget u 2011 Actual $1,500 $1,000 $500 $0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Cumulative Variance 2011 Actual Month Received 2010 Actual 2011 Budget 2011 Actual vs. Budget Jan $ 812 $ 3,333 $ 531 $ (2,802) Feb 594 3,333 693 (5,442) Mar 987 3,333 793 (7,982) Apr 956 3,333 1,261 (10,055) May 1,524 3,333 727 (12,661) Jun 1,016 3,333 761 (15,233) Jul 895 3,333 1,211 (17,356) Aug 954 3,333 933 (19,756) Sep 772 3,333 712 (22,378) Oct 647 3,333 1,103 (24,608) Nov 339 3,333 962 (26,980) Dec 555 3,333 642 (29,672) YTD Totals $ 10,049 $ 40,000 $ 10,328 13 Expenditures: General Fund expenditures in December were $814,077 above the budgeted figure of $5,870,469. The summary of year-to-date actuals versus budgeted expenditures shown below reflect mostly positive variances for the Village departments for the year. YEAR-TO-DATE YEAR-TO-DATE EXPENDITURES BUDGET ACTUAL VARIANCE Legislative $ 352,290 $ 309,075 12.3% Administration 578,020 545,291 5.7% Legal 475,030 417,620 12.1% Finance 819,850 799,376 2.5% Village Clerk 174,690 168,586 3.5% HRM 442,610 433,379 2.1% Communications 170,070 161,439 5.1% Cable TV 137,470 127,486 7.3% Emergency Operations 160,250 172,326 -7.5% Police 15,961,724 15,676,254 1.8% Fire 12,430,754 12,210,465 1.8% Public Works 6,388,510 6,174,095 3.4% Development Services 3,883,560 3,416,389 12.0% H&HS 638,220 611,233 4.2% Miscellaneous 4,089,490 4,104,020 -0.4% TOTAL $ 46,702,538 $ 45,327,035 2.9% VTO Budget and Actual Comparison $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 -¥------,------r------.------,------r---==--<" General Admin. Police Fire Public Works Devel. Services Misc. Services 14 DEPARTMENT NEWS In December, the Village Board approved the 2012 Annual Operating Budget and the 2012-2016 Capital Improvements Program. The Village Board also approved a new contract for banking services with JPMorgan Chase Bank, with full implementation expected by the end of January. The 2011 revenue and expenditure figures in this monthly report do not represent the final numbers for the 2011 fiscal year. The 2011 revenues do not reflect the year-end accruals that need to be recorded for items such as: Sales Tax, Home Rule Sales Tax, Hotel Tax, Telecommunications Tax, Income Tax and others. The 2011 expenditures continue to be received in Accounts Payable, and we expect these 2011 bills to continue coming in until mid-February. Respectfullv Submitted. Michael DuCharme Director of Finance 15 MONTHLY REPORT STATISTICS DECEMBER 2011 % Inc I Dec Dec-11 YTD Dec-11 Dec-10 YTD Dec-10 Month Year Credit Card Transactions Finance and Code Front Counter Number 44,638 47,203 237 3,930 18734.7% 1101.1% Amount $ 295 252,195 $ 19,242 $ 391,378 -98.5% -35.6% Internet Sales Number 101,617 112,201 1,391 15,269 7205.3% 634.8% Amount $ 1,458 701,060 $ 75,458 $ 785,434 -98.1% -10.7% Total Number 146,255 159,404 1,628 19,199 8883.7% 730.3% Amount $ 1,753 $ 953,254 $ 94,700 $ 1,176,812 -98.1% -19.0% Credit Card Company Fees General Fund $ 1,134.78 8,937 $ 953.92 $ 10,364.91 19.0% -13.8% Municipal Waste Fund 1.37 13 32 N/A -60.3% Water Fund 1,863.84 15,927 1,557.00 15,938 19.7% -0.1% Total Fees $ 2,999.99 $ 24,876.32 $ 2,510.92 $ 26,334.82 19.5% -5.5% Passport Applications Number 30 377 36 548 -16.7% -31.2% Revenue $ 725 9,370 $ 900 $ 13,930 -19.4% -32.7% Accounts Receivable Invoices Mailed Number 139 855 39 743 256.4% 15.1% Amount $ 92,373 829,830 $ 101,318 $ 1,078,722 -8.8% -23.1% Invoices Paid Number 129 907 73 991 76.7% -8.5% Amount $ 106,285 874,133 $ 108,601 $ 1,181,734 -2.1% -26.0% Reminders Sent Number 84 160 173 0.0% -7.5% Amount $ 8,607 75,507 $ $ 198,337 0.0% -61.9% Accounts Payable Checks Issued Number 589 3,735 340 4,302 73.2% -13.2% Amount $ 6,178,830 23,204,780 $ 2,426,765 $ 32,634,826 154.6% -28.9% Manual Checks Issued Number 62 467 55 448 12.7% 4.2% As % of Total Checks 10.53% 10.53% 16.18% 16.18% -34.9% -34.9% Amount $ 71,806 5,510,323 $ 729,673 $ 1,669,236 -90.2% 230.1% As % of Total Checks 1.16% 23.75% 30.07% 5.11% -96.1% 364.3% Utility Billing New Utility Accounts 75 935 111 1,162 -32.4% -19.5% Bills Mailed I Active Accounts 15,478 138,323 14,574 169,150 6.2% -18.2% Final Bills Mailed 74 929 110 1,148 -32.7% -19.1% Shut-Off Notices 1,222 11,676 1,164 13,255 5.0% -11.9% Actual Shut-Ofts 66 719 125 1,263 -47.2% -43.1% Total Billings $ 894,450 8,304,508 $ 870,434 9,609,156 2.8% -13.6% Direct Debit (ACH) Program New Accounts 16 156 9 233 77.8% -33.0% Closed Accounts 23 144 11 149 109.1% -3.4% Total Accounts 2,103 2,083 1.0% As % of Active Accounts 13.59% 14.29% -4.9% Water Payments Received in Current Month Total Bills Mailed 15,478 139,225 15,466 170,034 ACH Payments 2,102 18,870 2,083 22,510 ACH Payments-% of Total Bills 13.58% 13.55% 13.47% 13.24% On-line Payments (Internet Sales) 1,275 10,655 1,129 11,867 On-line Payments-% of Total Bills 8.24% 7.65% 7.30% 6.98% Mail-in Payments 12,134 107,558 11,871 133,121 Mail-in Payments-% of Total Bills 78.40% 77.25% 76.76% 78.29% Residential Billings Average Monthly Consumption/Customer Month Billed 2009 2010 2011 July 5,498 5,271 6,845 August 6,797 5,846 6,853 September 6,170 5,767 5,376 October 5,609 5,685 5,723 November 5,260 4,752 4,449 December 4,695 4,898 4,757 Six Month Average - 5,672 5,370 5,667 % Change- -8.8% -4.0% 5.5% Total Water Customers Average Bill Customer Type Customer Type Dec-10 Dec-11 % Change % Change Residential 14,574 14,579 0.0% Residential $ 32.41 $ 33.29 2.7% Commercial 893 899 0.7% Total 15,467 15,478 0.1% Total Consumption - All Customers (OOO,OOO's) Month-To-Date Year-To-Date Dec-10 Dec-11 % Change Dec-10 Dec-11 % Change Residential 71 69 -2.8% Residential 941 932 -1.0% Commercial 44 43 -2.3% Commercial 638 608 -4.7% 115 112 -2.6% 1,579 1,540 -2.5% STATEMENT OF INVESTMENTS-VILLAGE As of December 31 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest General Fund Illinois Funds - General 09/30/86 1,909,001.96 0.077 Illinois Funds - Veterans Memorial 05/01/92 293.97 0.077 IMET 05/12/97 500,000.00 1,343,092.36 IMET Convenience Fund 10/20/05 1,143,536.68 1,143,536.68 HE Community Bank-MaxSafe 07/13/04 759,442.78 0.250 Cilibank Savings Deposit Account 11/07/08 1,802,597.47 0.140 Certificates of Deposit with PMA 09/28/11 03/26/12 88,339.22 88,339.22 88,392.84 0.110 .25%-GE Money Bank COD with PMA 09/28/11 03/26/12 249,060.78 248,932.77 249,000.00 0.201 6,452,272.86 Motor Fuel Tax Illinois Funds 09/30/86 1,302,055.94 0.077 EDA Administration Illinois Funds 01/02/91 715,822.73 0.077 Certificates of Deposit with PMA 09/28/11 03/26/12 1,000,000.00 1,000,000.00 1,000,607.02 0.110 1,715,822.73 E-911 Illinois Funds 07/01/00 78,805.36 0.077 78,805.36 Asset Seizure - Federal Illinois Funds 06/09/99 152,697.28 0.077 Asset Seizure - State Illinois Funds 11/30/98 177,331.45 0.077 Asset Seizure - KCAT Illinois Funds 07/10/08 59,088.15 0.077 Municipal Waste System Illinois Funds 08/31/98 42,462.35 0.077 42,462.35 2001 G.O. Debt Servo Illinois Funds 07/31/01 41,048.40 0.077 41,048.40 1997A&B G.O. Debt Servo Illinois Funds 01/01/98 5,531.77 0.077 2003 G.O. Debt Servo Illinois Funds 09/04/03 17,923.26 0.077 17,923.26 STATEMENTOF INVESTMENTS-VILLAGE As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest 2004 G.O. Debt Servo Illinois Funds 11/30104 18,968.68 0.077 18,968.68 2005A G.O. Debt Servo Illinois Funds 11/30104 1,000,100.12 0.077 1,000,100.12 2008 G.O. Debt Servo Cilibank Savings Deposit Account 03/20108 13,245.73 0.080 13,245.73 2009 G.O. Debt Servo Illinois Funds 04/01/09 787,599.72 0.077 Cilibank Savings Deposit Account 04/01/09 3,441.48 0.080 Keybank - C 04/01/09 05/31/12 356,000.00 379,959.29 2.125 1,147,041.20 Central Road Corridor Improv. Illinois Funds 12/15/88 53,619.95 0.077 Certificates of Deposit with PMA 09/28/11 03/26/12 200,000.00 200,000.00 200,121.40 0.110 253,619.95 Hoffman Blvd Bridge Maintenance Illinois Funds 07/01/98 143,351.80 0.077 Cilibank Savings Deposit Account 02/10/11 200,278.29 0.140 343,630.09 Western Corridor Illinois Funds 06/30101 156,483.70 0.077 Cilibank Savings Deposit Account 01/07/09 300,476.26 0.140 456,959.96 Traffic Improvement Illinois Funds 03/24/89 45,915.18 0.077 Certificates of Deposit with PMA 09/28/11 03/26/12 500,000.00 500,000.00 500,303.51 0.110 545,915.18 EDA Series 1991 Project Illinois Funds 08/22/91 2,474,803.12 0.077 Bank of New York Money Market 12/11/06 1,714,305.99 4,189,109.11 Central Area Road Improvement Illinois Funds 03/29/91 ·205,181.36 0.077 Cilibank Savings Deposit Account 02/10/11 05/25/05 300,417.43 0.140 505,598.79 STATEMENT OF INVESTMENTS-VILLAGE As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest 2008 Capital Project Cilibank Savings Deposit Account 03/20/08 28,611.81 0.080 28,611.81 2009 Capital Project Cilibank Savings Deposit Account 04/01/09 1,416,356.97 0.080 1,416,356.97 Western Area Traffic Improvement Illinois Funds 11/01/92 27,753.44 0.077 Cilibank Savings Deposit Account 01/07/09 302,601.22 0.140 330,354.66 Western Area Rd Impr Impact Fees Illinois Funds 08/01/98 323,098.33 0.077 Citibank Savings Deposit Account 01/07/09 1,915,803.92 0.140 2,238,902.25 Capital Improvements Illinois Funds 12/31/96 182,842.10 0.077 182,842.10 Capital Vehicle & Equipment Illinois Funds 12/31/96 73,128.76 0.077 HE Community Bank-MaxSafe 07/13/04 5.21 0.250 73,133.97 Capital Replacement Illinois Funds 02/01/98 552,603.97 0.077 HE Community Bank-MaxSafe 07/13/04 380,761.10 0.250 Citibank Savings Deposit Account 11/07/08 1,417,676.31 0.140 Certificates of Deposit with PMA 09/28/11 03/26/12 708,260.78 708,260.78 708,690.71 0.110 .35%-Bank of China COD with PMA 10/05/11 04/05/12 248,999.92 248,932.77 249,000.00 0.350 3,308,302.08 Water and Sewer Illinois Funds 09/30/86 485,233.07 0.077 Water and Sewer-Capital Projects Citibank Savings Deposit Account 03/20/08 303,944.77 0.080 303,944.77 Sears Centre Illinois Funds 1,450,404.40 0.077 Insurance Illinois Funds 11/10/87 1,165,691.69 0.077 Cilibank SaVings Deposit Account 11/07/08 709,249.06 0.140 1,874,940.75 STATEMENT OF INVESTMENTS-VILLAGE As of December 31 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest Information Systems Illinois Funds 02/01/98 484,889.16 0.077 484,889.16 EDA Special Tax Alloc. Illinois Funds 05/15/92 975,717.05 0.077 Bank of New York Money Market 14,339,281.88 15,314,998.93 Roselle Road TIF Illinois Funds 09/30103 374,115.65 0.077 Certificates of Deposit with PMA 09/28/11 03/26/12 500,000.00 500,000.00 500,303.51 0.110 Citibank Savings Deposit Account 11/07108 1,005,384.53 0.140 1,879,500.18 Barr./Higgins TIF Illinois Funds 08/26/91 244,992.43 0.077 244,992.43 2005 EDA TIF Bond & Int. Illinois Funds 11/07102 38,311.63 0.077 38,311.63 Total Investments $ 48,174,947.52 Percent Total Invested Per Institution Invested Illinois Funds 15,766,867.93 32.73 IMET 500,000.00 1.04 IMET Convenience Fund 1,143,536.68 2.37 Keybank - C 356,000.00 0.74 CD with PMA-BANK OF EAST ASIA 249,600.00 0.52 CD with PMA-TRIAD BANK, NA 249,800.00 0.52 CD with PMA-ONEWEST BANK FSB 249,800.00 0.52 CD with PMA-STERLING NATINAL BANK 249,800.00 0.52 CD with PMA-BANK LEUMI USA 249,800.00 0.52 CD with PMA-SAFRA NATIONAL BANK OF NEW YORK 249,800.00 0.52 CD with PMA-ASSOCIATED BANK, NA 249,800.00 0.52 CD with PMA-BANK OF THE WEST 249,800.00 0.52 CD with PMA-PRIVATE BANK-MI 249,800.00 0.52 CD with PMA-COLE TAYLOR BANK 249,800.00 0.52 CD with PMA-IDB BANK-NY 249,800.00 0.52 CD with PMA-SOUTHSIDE BANK 249,000.00 0.52 CD with PMA-.25%-GE MONEY BANK COD 249,060.78 0.52 CD with PMA-.35%-BANK OF CHINA COD 248,999.92 0.52 HE Community Bank-MaxSafe 1,140,209.09 2.37 Bank of New York Trust Company, N.A. 16,053,587.87 33.32 Citibank 9,720,085.25 20.18 $48,174,947.52 100.00 STATEMENT OF INVESTMENTS-VILLAGE As of December 31 2011 Investment Maturity Book Market Maturity Rate of Fund Date Date Value Value Value Interest Total Invested Per Institution Excluding Percent all Trust Funds, EDA Series 91 Funds & 05 Funds Invested Illinois Funds 12,033,043.70 42.39 IMET 1,643,536.68 5.79 Keybank - C 356,000.00 1.25 CD with PMA-BANK OF EAST ASIA 249,600.00 0.88 CD with PMA-TRIAD BANK, NA 249,800.00 0.88 CD with PMA-ONEWEST BANK FSB 249,800.00 0.88 CD with PMA-STERLING NATINAL BANK 249,800.00 0.88 CD with PMA-BANK LEUMI USA 249,800.00 0.88 CD with PMA-SAFRA NATIONAL BANK OF NEW YORK 249,800.00 0.88 CD with PMA-ASSOCIATED BANK, NA 249,800.00 0.88 CD with PMA-BANK OF THE WEST 249,800.00 0.88 CD with PMA-PRIVATE BANK-MI 249,800.00 0.88 CD with PMA-COLE TAYLOR BANK 249,800.00 0.88 CD with PMA-IDB BANK-NY 249,800.00 0.88 CD with PMA-SOUTHSIDE BANK 249,000.00 0.88 CD with PMA-.25%-GE MONEY BANK COD 249,060.78 0.88 CD with PMA-.35%-BANK OF CHINA COD 248,999.92 0.88 HE Community Bank-MaxSafe 1,140,209.09 4.02 Citibank 9,720,085.25 34.24 $28,387,535.41 100.00 Total Invested Per Fund Total Investments - Operating Funds $15,670,270.61 Total Investments - Debt Service Funds $2,282,170.79 Total Investments - Trust Funds $15,559,991.36 Total Investments - Capital Projects Funds $14,662,514.76 Total Investments - All Funds $48,174,947.52 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Illinois Funds 09/30/86 847,060.66 647,060.66 0.077 Fidelitv Investments Spartan Inti Index FID Advantage Class (FSIVX) 06/05/09 3,044,531.60 3,075,725.02 Dimensional US Vector Equity Port (DFVEX) 06/06/11 1,931,309.66 1,979,666.76 DFA International Small Company Port (DFISX) 08/06/11 1,960,364.19 1,746,022.46 DFA Emerging Markets Portfolio 06/05/09 3,663,643.07 3,420,545.95 Dimensional Adv US Small Cap Value Port (DFSVX) 06/06/11 3,902,640.76 3,912,360.07 Dimensional Advisor US Large Cap Val (DFLVX) 06/06/11 2,905,467.60 2,964,967.64 Dimensional Advisor US Small Cap Value Port (DFSTX) 06/06/11 2,866,339.00 2,960,056.45 Dimensional Inv't Grp Inc Int'l (DFIVX) 06/06/11 1,943,726.41 1,736,332.29 Vanguard Reit Index Signal Shares (VGRSX) 08/08/11 977,536.35 1,056,657.46 Vanguard Institutional Index Fund (Fund 0094) 03/09/10 1,614,561.47 2,019,729.32 Fidelity Cash Reserve 0.84 0.64 25,072,543.34 Fifth Third Bank Money Markel 12/02/03 170,039.52 170,039.52 Treasury Note, 4.875% 12/23/05 02/15/12 409,612.50 402,264.00 400,000.00 4.6 Treasury InfllX NIB, 2.0% 09/18/06 01115114 243,554.65 259,521.06 200,000.00 1.5 Treasury InfllX NIB, 2.0% 12/24/07 07/15/14 264,960.73 323,507.46 250,000.00 1.5 Treasury Nole, 4.0% 03/04/05 02/15/15 496,314.62 560,666.15 505,000.00 3.6 Treasury Note, 4.75% 06/29/07 06/15/17 908,356.25 1,071,613.40 690,000.00 3.9 Treasury Nole, 4.25% 06/26/06 11/15/17 224,012.36 253,951.55 215,000.00 3.6 Treasury Note, 4.0% 11/24/09 06/15/16 105,562.43 117,773.00 100,000.00 3.4 Treasury Note, 1.75% 02/26/09 01/31/14 255,111.73 257,637.50 250,000.00 1.7 Treasury Note, 2.125% 12/30/09 11/30/14 195,667.66 210,062.00 200,000.00 2.0 Treasury Note, 2.250% 02/24/10 01/31115 396,001.34 422,532.00 400,000.00 2.1 Treasury Nole, 1.375% 02/24/10 02/15113 605,041.74 610,656.00 800,000.00 1.4 Treasury Nole, 3.625% 03/31/10 02/15/20 204,176.39 231,954.00 200,000.00 3.1 Treasury Nole, 3.5% 06/30/10 05115120 104,363.21 115,039.00 100,000.00 3.0 Treasury Nole, 2.625% 06/30/10 06/15/20 350,052.17 377,482.00 350,000.00 2.4 Treasury Nole, 0.375% 06/31/10 08/31/12 99,774.25 100,176.00 100,000.00 0.4 Treasury Nole, 1.375% 02/14/11 11/30/15 143,759.77 154,570.50 150,000.00 1.3 Treasury Nole, 1.25% 03/15/11 03/15/14 110,567.19 112,326.70 110,000.00 1.2 Treasury Nole, 0.625% 03/06/11 02/26/13 605,212.66 809,177.95 605,000.00 0.6 Treasury Nole, 3.125% 07/05/11 05/15/21 327,647.27 366,464.60 330,000.00 2.8 Treasury Nole, 2.125% 06/17/11 06/15/21 470,210.94 467,174.25 475,000.00 2.1 Treasury Nole, 1.0% 09/01/11 06/31/16 503,614.07 505,470.00 500,000.00 1.0 Treasury Nole, .25% 10/05/11 09/15/14 149,373.05 149,625.00 150,000.00 0.3 Treasury Note, 1.0% 10/05/11 09/30/16 301,554.69 303,093.00 300,000.00 1.0 FHLB,4.75% 09/19/05 02/13115 251,617.75 261,230.00 250,000.00 4.2 FHLB,5.25% 06/01/05 06/18/14 345,556.90 361,721.75 325,000.00 4.7 Freddie Mac, 4.75% 11/21/05 11117115 460,412.36 543,965.25 475,000.00 4.1 Freddie Mac, 2.5% 06/06/11 05/27/16 831,092.77 652,559.40 805,000.00 2.4 Fannie Mae, 5.5% 06/17/11 12/25/16 106,947.96 105,367.09 101,569.40 5.3 FHR 2630KS, 4.0% 04/19/05 01115117 55,433.14 66,136.59 67,620.64 4.0 Freddie Mac, 4.5% 06/22/11 03/15/19 161,519.47 157,599.15 153,816.79 4.4 GNR 2003-43 B 06/05/09 04/16/33 17,933.69 16,242.33 16,065.50 4.3 GNR 2005·90A 05/03/07 09/16/26 1,647.38 2,050.15 2,006.59 3.7 GNR 2007-27 CL A 04/30/09 02/16/35 66,692.67 71,341.32 66,892.87 3.2 GNR 2003·72D 05/25/07 12/16/36 462,996.09 555,270.00 500,000.00 4.6 GNR 2006-67 A 05/06/11 10/06/11 73,316.55 71,369.06 70,006.81 3.9 FG J13917, 3.5% 01/20111 12/01/20 60,753.90 60,863.18 77,437.22 3.4 FG B13606, 4.50% 02/15/11 04/01/19 135,563.69 135,592.16 127,225.60 4.2 FG C90441, 6.0% 04/14/11 05/01/21 123,774.94 122,645.61 111,635.05 5.5 FN 257264, 5.5% 04/19/11 06/01/18 131,661.50 129,007.09 116,718.91 5.1 FN 257329, 5.0% 02/15/11 06/01/16 61,001.32 59,663.66 55,566.76 4.6 FN 257492 4.5% 02/15/11 11/01/16 66,739.52 67,925.00 63,594.62 4.2 FN A12859, 4.0% 06/16/11 06/01/21 119,022.54 116,420.74 112,150.41 3.6 FN 725517, 5.0% 03/17/11 05/01/19 154,193.90 154,830.39 143,328.29 4.6 FN AB1461, 3.5% 08/16/11 09/01/20 69,965.40 89,009.34 85,000.70 3.3 FN AB1627, 3.5% 11/17/11 11/01/20 122,547.90 122,629.93 117,296.15 3.3 FN AB2576, 3.5% 07/19/11 05/01/21 116,224.32 116,474.41 111,226.86 3.3 FN MA0403, 3.5% 03/17/11 04/01/20 171,499.53 175,130.62 167,243.42 3.3 FN MA0546, 3.5% 01/20/11 09/01/20 71,123.27 71,306.26 66,094.91 3.3 GNMA #142495 07/22/67 12/15/15 3,493.60 3,691.33 3,676.53 6.0 GNMA #197505 06/23/87 03/15/17 2,965.94 3,425.92 3,075.03 7.2 GNMA #223913 10/29/67 09/15/17 149.34 153.03 152.24 10.4 12,377,651.37 STATEMENT OF INVESTMENTS·POLICE PENSION FUND As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Bank One Money Markel 12/08/03 350,013.24 350,013.24 Treasury Note, 9.875% 05/01109 11/15/15 144,234.38 135,594.00 100,000.00 7.3 Treasury Nole, 8.875% 11/15/07 08/15/17 973,177.93 1,001,931.00 700,000.00 6.2 Treasury Nole, 7.875% 12/04/08 02/15/21 429,803.93 457,806.00 300,000.00 5.2 Treasury Note, 8.125% 07/31/09 08/15/21 345,887.12 391,562.50 250,000.00 5.3 Treasury Nole, 4.25% 08/18/09 11/15/14 383,402.94 388,608.50 350,000.00 3.8 Treasury Nole, 3.875% 12/15/10 05/15/18 655,402.34 699,846.00 600,000.00 3.3 Treasury Nole, 2.0% 02/27/09 11/30/13 300,231.44 309,903.00 300,000.00 1.9 Treasury Note, 1.875% OS/21/09 02/28/14 746,015.63 775,545.00 750,000.00 1.8 Treasury Nole, 2.625% 06/16/09 04/30/16 804,013.28 914,247.75 845,000.00 2.4 Treasury Note, 2.25% 08/11109 05/31/14 195,253.76 209,234.00 200,000.00 2.2 Treasury Nole, 1.875% 09/24/09 06/15/12 432,538.09 428,468.00 425,000.00 1.9 Treasury Nole, 2.625% 06/23/11 07/31/14 317,601.56 317,601.00 300,000.00 2.5 Treasury Note, 3.375% 03/18/10 11/15/19 244,990.24 284,980.00 250,000.00 3.0 Treasury Note, 2.125% 09/26/11 08115/21 410,271.48 410,252.00 400,000.00 2.1 Zero Coupon Slrips 01/12/09 05/15/14 446,714.50 496,350.00 500,000.00 Freddie Mac Nole, 4.0% 07/08/03 06/12/13 69,633.00 78,926.25 75,000.00 3.8 FHLB,5.125% 11115/06 08/14/13 126,916.68 134,613.75 125,000.00 4.8 FHLB,5.00% 09/20/10 11/17/17 164,025.68 168,014.00 140,000.00 4.2 Federal Farm Cr, 3.88% 11/15/06 07/08/13 47,033.50 52,652.00 50,000.00 3.7 Federal Farm Cr, 4.450% 02/22/06 06/01115 95,736.00 112,291.00 100,000.00 4.0 Federal Farm Cr, 4.625% 10/20/05 11/03/14 49,177.50 55,457.00 50,000.00 4.2 Federal Farm Cr, 5.08% 01/09/08 10/05/15 79,292.25 86,646.00 75,000.00 4.4 FNMA 01/24/03 11/15/13 301,515.00 492,175.00 500,000.00 Fannie Mae, 4.375% 12/16/10 10/15/15 164,587.50 169,498.50 150,000.00 3.9 Fed Home Ln Mig Corp., 3.75% 05/12/10 03/27/19 118,151.78 131,275.95 115,000.00 3.3 Fannie Mae, 2.0% 02/18/10 01/09/12 203,844.00 200,064.00 200,000.00 2.0 FG G30290, 6.5% 05/14/07 03/01/26 27,531.84 27,840.82 24,951.00 5.8 FG E82733, 5.5% 07/17/07 03/01/16 11,965.03 13,719.22 12,665.22 5.1 FG E89857, 5.5% 07/24/08 05/01/17 28,902.79 31,283.42 28,846.74 5.1 FG E95562, 4.5% 08/18/08 04/01/13 11,031.23 11,187.65 11,031.23 4.4 FG E96436, 4.5% 04/30/07 05/01/13 3,778.24 5,093.45 5,022.19 4.4 FG E96458, 5% 09/28/09 05/01/18 18,559.57 17,954.44 16,671.25 4.6 FG E98992, 4.5% 06/18/07 09/01/18 24,470.98 28,857.53 27,060.95 4.2 FG E99429, 4.0% 10/26/07 09/01/13 10,069.23 13,098.95 12,412.54 3.9 FG H02432, 6.0% 08/11/11 03/13/38 196,742.12 197,506.61 180,752.65 5.5 FG G12111, 5% 09/17/09 10/01/19 12,772.71 12,264.61 11,388.07 4.6 FG J-12371, 4.50% 09/20/10 06/01/25 89,643.46 87,701.28 82,701.95 4.2 FG C91093, 6% 09/14/09 09/01/27 21,439.25 20,223.75 18,408.15 5.5 FG C91149, 6% 09/14/09 01/01/28 26,718.48 26,110.95 23,780.46 5.5 FG HO-9079, 5.5% 10/13/11 06/01/37 86,900.84 87,205.34 80,801.80 5.1 FG G10839, 5.5% 10/16/07 10/01/13 12,304.75 13,189.87 12,183.62 5.1 FG G11187, 5.5% 02/19/08 09/01/16 33,848.62 33,647.05 31,062.07 5.1 FG G11470, 4.5% 12/18/06 11/01/13 6,873.98 8,678.31 8,305.32 4.3 FG G11606, 4.5% 03/16/06 05/01/18 10,567.00 13,512.34 12,659.95 4.2 FG G11707, 6.0% 06/18/07 03/01/20 14,641.48 15,277.14 14,038.39 5.5 FHLMC Pool C01371, 7.0% 02/12/04 06/01/32 16,333.25 12,296.61 10,700.61 6.1 FHLMC Pool E00617, 5.5% 03/18/04 01/01/14 4,897.31 2,680.93 2,521.16 5.2 FG E00678, 6.5% 11/19/07 06/01/14 15,447.56 14,420.23 13,683.90 6.2 Fed Home Ln Mig Corp Pool E01141, 7% 04/17/07 03/01/17 24,109.18 22,993.10 21,125.21 6.4 Fed Home Ln Mig Corp Pool E01156, 6.5% 11/19/07 05/01/17 26,340.71 26,409.41 24,159.66 5.9 FG E01250, 5% 09/29/09 11/01/17 13,532.80 12,941.93 12,109.97 4.7 FG E01307, 5% 03/19/07 02/01/18 19,214.50 21,245.40 19,870.00 4.7 FG E01345, 5.5% 02/15/07 04/01/18 14,368.72 15,533.71 14,391.59 5.1 FG E01385, 4.5% 09/22/09 06/01/18 22,248.51 21,755.92 20,537.05 4.2 FG E01424, 4.0% 10/20/08 08/01/18 38,338.15 43,938.08 41,615.52 3.8 FG E01426, 5.0% 03/16/06 08/01118 19,251.86 21,624.23 20,203.33 4.7 FG E01488, 5% 05/19/08 10(01/18 23,199.39 24,437.38 22,828.86 4.7 FG E01490, 5% 02/18/04 11/01/18 14,823.81 13,981.87 13,060.09 4.7 FG E01544, 4.5% 03/18/04 01/01119 11,811.94 11,649.46 10,993.48 4.2 FG E01590, 5.0% 07/17/08 02/01/19 23,596.39 25,552.92 23,861.16 4.7 FG E01642, 5% 09/17/09 05/01/19 13,903.43 13,487.67 12,582.96 4.7 FG E01647 4% 08/17/04 05/01/19 3,385.93 4,207.05 3,986.59 3.8 FG A9-1904, 5.50% 06/14/10 04/01/40 47,229.26 47,930.36 43,802.02 5.0 FG A11312, 6.0% 12/12/06 07/01/33 48,348.78 52,878.20 47,469.52 5.4 FGB11231,4.5% 04/20/04 12/01/18 13,426.42 13,519.96 12,520.45 4.2 FG B11429, 4.5% 03/16/06 12/01/18 21,461.57 26,250.83 24,394.87 4.2 FG B14039, 4.0% 10/19/07 05/01/14 3,145.40 3,954.45 3,877.98 3.9 FG B17493, 4.0% 05/31/06 12/01/14 5,117.76 7,822.22 7,643.66 3.9 FG B18639, 4.0% 10/19/07 01/01/15 5,303.28 6,499.92 6,347.83 3.9 FH KO-0034, 5.50% 12/13/10 05/01/37 72,782.11 72,771.72 67,272.22 5.1 FG C80398, 6.5% 01/13/05 05/01/26 24,056.95 21,096.48 18,438.88 5.7 FHLMC Pool C90230, 6.5% 06/14/04 09/01/18 10,418.44 9,047.03 8,107.97 5.8 FG C90247, 6.5% 06/25/04 01/01/19 15,203.48 13,576.76 12,167.52 5.8 FG C90438, 6.5% 06/14/04 04/01/21 10,474.46 8,801.36 7,887.80 5.8 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of December 31,2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FG C90481, 6% 02/24/04 09/01/21 7,474.65 6,056.55 5,512.82 5.5 FHLMCPOOL C90584, 5.5% 09/29/09 10/01/22 15,358.73 14,773.56 13,609.91 5.1 FHLMCPOOL C90588, 5.5% 09/29/09 11/01122 16,514.13 15,773.92 14,531.48 5.1 FHLMCPOOL C90589, 6.0% 06/11/09 11/01/22 6,694.99 6,544.07 5,956.57 5.5 FG C90686, 4.5% 04/13/05 06/01123 13,781.24 17,244.18 15,953.98 4.2 FG C90698, 4.5% 08/20/07 08/01/23 18,411.00 23,496.18 21,738.21 4.2 FG C90808, 6.5% 11/15/04 01/01/24 7,112.20 6,525.37 5,848.05 5.8 FNMA 251818,6% 09/30/04 06/01/18 30,767.79 26,686.42 24,225.14 5.4 Fed Nail MigAssn Pool 253946, 7% 07/15/04 08/01/21 14,564.54 11,724.20 10,223.05 6.1 FN 254342, 6.0% 01/29/08 06/01/17 42,220.60 41,166.55 38,019.31 5.1 Fed Nail MigAssn Pool 254455, 5.5% 01/20/04 08/01/12 4,232.04 945.64 880.74 5.1 FNMA254470, 5.5% 01/20/04 09/01/12 2,926.31 652.98 646.71 5.4 FN 254471, 6.0% 06/11/09 09/01/22 6,428.73 6,399.00 5,785.87 5.4 FNMA 254488, 6% 02/18/04 09/01112 6,913.78 1,479.97 1,466.06 5.9 FN 254513, 6.0% 06111/09 10/01/22 5,999.42 5,934.40 5,365.79 5.4 FN 254544, 6.0% 06/11/09 11101122 11,600.12 11,448.32 10,351.38 5.4 FN 254631, 5.0% 11/19/07 02/01/18 9,139.66 10,115.80 9,365.70 4.6 FN 254634, 5.5% 09/29/09 02/01/23 19,094.99 18,718.92 17,065.14 5.0 FNMA254640, 5.5% 03/16/06 01/01/13 2,278.13 2,438.19 2,304.05 5.2 FN 254719, 4.5% 09/22/09 04/01/18 18,610.41 18,375.06 17,160.93 4.2 FNMA 254802, 4.5% 10/31/05 07/01/18 16,188.83 19,612.32 18,316.43 4.2 FNMA 254882, 5.0% 10/18/05 08/01/13 11,424.12 10,943.20 10,422.89 4.8 FNMA 254908, 5% 04/15/04 09/01/23 16,799.42 16,610.62 15,368.54 4.6 FNMA 254959, 5.0% 03/18/08 10/01/13 12,984.54 12,132.91 11,545.92 4.8 FNMA254971, 5.5% 01/20/04 10/01/13 6,459.29 3,219.43 3,042.31 5.2 FN 254987, 5.0% 02/18/09 12/01/18 14,432.06 14,709.39 13,618.67 4.6 FNMA255040, 4.5% 10/30/07 12/01/13 7,149.15 8,276.96 7,855.14 4.3 FNMA 255041, 5% 02/23/04 12/01/13 6,240.72 4,195.03 3,984.68 4.7 FNMA255117,5% 02/18/04 02/01/14 7,648.02 5,492.97 5,098.88 4.6 FN 255271, 5% 04/12/06 06/01/24 13,020.01 16,063.19 14,658.61 4.6 FN 255290, 4.0% 11/18/08 06/01/14 12,588.57 13,862.52 13,140.08 3.8 FN 779774, 5% 03/16/06 07/01/24 21,407.58 26,179.12 23,889.98 4.6 FN 255431, 4.5% 03/14/07 09/01114 6,924.38 8,474.00 7,946.14 4.2 FN 255574, 4.50% 03/09/06 12/01/14 9,409.98 11,658.29 10,931.05 4.2 FN 255810, 5.0% 11/14/11 08/01/25 101,567.30 102,518.20 94,090.51 4.6 FNMA 255938, 4.50% 11/17/05 11/01/15 7,426.46 9,276.80 8,694.53 4.2 FN 256323, 5.5% 01/13/11 07/01/26 162,272.88 160,688.00 146,994.03 5.0 FN 256556, 6.0% 03/10111 01/01/27 74,215.97 73,030.41 66,238.33 5.4 FNMA303771, 6.5% 10/29/04 03/01/16 13,034.21 10,795.60 9,698.16 5.8 FNMA 340901, 6% 01/15/04 03/01/14 14,436.39 9,423.57 8,728.36 5.6 FN 535170, 5.50% 03/16/06 09/01/14 7,617.06 8,269.99 7,617.06 5.1 Fed Nail MigAssn Pool 545639, 6.5% 03/13/06 04/01/32 21,227.89 22,824.18 19,981.78 5.7 FN 545696, 6.0% 05/19/09 06/01/22 28,263.51 28,016.38 25,432.44 5.4 FNMA 555545, 5% 08/18/09 06/01/18 32,766.02 32,413.38 30,009.89 4.6 FNMA 555591, 5.5% 02/12/04 07/01/33 16,616.82 16,865.68 15,428.37 5.0 FN 555969, 4.0% 04/18/06 12/01/18 7,477.56 9,676.29 9,096.65 3.8 FN 615017, 5.0% 06/19/06 12/01/16 15,653.96 19,508.60 18,041.13 4.6 FN 658867, 6.0% 07/17/07 08/01/17 11,757.85 12,527.44 11,569.70 5.5 Fed Nail MigAssn Pool 676674, 5% 11/19/07 12/01117 12,733.11 14,120.18 13,073.15 4.6 Fed Nail MigAssn Pool 681347, 5% 11/19/07 02/01/18 16,123.99 17,901.57 16,574.15 4.6 FNMA 695871, 4.5% 10/31/07 04/01/18 14,031.51 16,442.23 15,355.81 4.2 FNCI Pool 704460, 6% 01/20/04 05/01/18 8,604.15 5,472.71 5,034.88 5.5 FNMA 708760, 4.5% 03/16/04 06/01/18 14,178.85 14,283.11 13,339.35 4.2 FNMA 709028, 5.0% 03/16/06 06/01118 17,506.16 20,529.85 19,007.54 4.6 FNMA 709122,4.5% 08/20/07 07/01/18 18,303.29 21,850.00 20,406.26 4.2 FNMA721608,4.0% 05/29/07 07/01/18 13,188.32 17,049.93 16,028.59 3.8 FN 725045, 4.5% 11130/06 11/01/18 18,756.00 22,061.15 20,603.46 4.2 FN 725352, 4.5% 09/18/07 04/01119 14,553.86 17,430.76 16,288.45 4.2 FN 725510, 6.5% 11/19/07 07/01/17 18,144.99 16,277.54 15,464.86 6.2 FN 725704, 6% 09/14/09 08(01/34 29,591.00 29,927.17 26,847.26 5.4 FN 725876, 5% 05/26/06 10/01/19 18,873.24 22,772.63 21,080.89 4.6 FNMA 729347, 4.0% 03/13/06 07/01/18 11,881.75 16,320.45 15,342.81 3.8 FNMA 730675, 4.5% 12/13/05 08/01/33 15,715.06 19,882.54 18,631.09 4.2 FNMA731190,4.5% 08/20/07 08/01/18 14,003.72 17,282.79 16,140.83 4.2 FNMA 734741, 4% 08/17/04 10/01/18 2,093.88 2,606.64 2,450.49 3.8 FN 735522, 4.0% 05/17/05 12/01/18 18,869.56 22,253.35 20,920.31 3.8 FN 735727, 6% 04/17/08 01/01/20 34,902.29 33,597.95 31,119.30 5.6 FNMA 736541, 4% 02/16/05 08/01/18 6,181.05 7,107.57 6,611.88 3.7 FNMA744316,5% 02/18/09 09/01/18 35,637.87 36,084.51 33,408.80 4.6 FN 745017, 4.5% 05/19/09 07/01/20 24,977.57 24,830.36 23,203.12 4.2 FN 745444, 5.5% 10/28/08 04/01/16 16,976.80 17,446.65 16,055.30 5.1 FN 745575, 6.5% 10/13/10 02/01/36 81,368.03 81,733.97 72,448.92 5.8 FN 748682, 4.5% 03/19/07 10/01/18 13,804.96 16,217.94 15,146.34 4.2 FNMA759424, 5.5% 01/14/04 01/01/34 16,930.55 17,830.30 16,008.67 4.9 FN 763860, 4.0% 03/13/06 03/01/34 17,018.76 21,551.83 20,403.52 3.8 FNMA 888250, 5.5% 09116/08 01/01/21 24,850.03 26,078.23 23,991.67 5.1 FN 888889, 4.5% 12/17/07 12/01118 31,245.63 35,695.42 33,336.84 4.2 STATEMENT OF INVESTMENTS-POLICE PENSION FUND As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FN 889634, 6.0% 07/19/10 02/01/23 67,854.02 64,620.23 59,611.11 5.5 FN 923790, 6.50% 09/14/10 05/01/37 97,125.57 92,868.51 88,576.11 6.2 FN 976871, 6.5% 05/12/09 08/01/36 38,416.90 39,332.40 34,406.73 5.7 FN 995656, 7.0% 04/13/09 11/15/16 48,903.34 50,634.76 43,418.96 6.0 FN AB1940, 3.50% 10/18/11 12/01/25 189,542.43 190,884.44 180,326.33 3.3 FN AD7139, 5.50% 11/10/10 07/01/40 94,133.57 94,141.41 85,726.49 5.0 Ginnie Mae, 6.0% 02/17/11 09/20/36 75,231.53 76,824.49 67,731.53 5.3 Ginnie Mae G2 2563, 6.5% 05/18/11 03/20/28 177,458.54 177,840.24 155,476.50 5.7 Ginnie Mae G2 3851, 5.5% 04/20/11 05/20/36 63,591.20 65,392.85 58,035.15 4.9 GN 004211M, 6.5% 07/21/10 08/20/38 59,879.34 59,592.88 52,405.01 5.7 GNMA 780769, 7.5% 01/20/04 04/15/13 5,279.68 167.84 166.17 7.4 GNMA 781403,6% 03/18/04 02/15/17 10,403.33 7,605.48 7,033.38 5.5 GNMA 781407,7% 01/21/04 11/15/16 7,264.09 1,604.31 1,589.87 6.9 GNMA 781567,5% 02/18/04 02/15/18 8,025.94 7,222.68 6,718.40 4.7 12,291,287.17 x Total Investments $ 50,588,542.54 Book Market Percent Total Invested Per Institution Value Value Invested Illinois Funds 847,060.66 847,060.66 1.67 Money Market 520,053.60 520,053.60 1.03 Mutual Funds 25,072,542.50 24,894,304.50 49.56 GNMA 998,851.77 1,060,401.05 1.97 Treasury Notes 14,279,966.21 15,130,520.09 28.23 FNMA 6,899,912.38 7,270,763.82 13.64 FHLMC Bonds 308,451.52 320,720.83 0.61 FHLB Agency Bonds 943,750.15 1,013,716.09 1.87 Federal Farm Cr Bonds 271,239.25 307,046.00 0.54 Zero Coupon Bonds 446,714.50 496,350.00 0.88 $50,588,542.54 $51,860,936.64 100.00 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest Illinois Funds 09/30/86 1,021,497.58 1,021,497.58 0.077 Vanguard International Value Fund Mutual Funds 06/15/05 5,630,612.53 4,525,718.30 American Funds The Growth Fund of America 12/30/09 5,009,263.29 5,021,371.78 BlackRock U.S. Opportunities-Institutional Class 12/30/09 2,900,246.18 2,692,315.42 US Bank - US Real Estate Cohen & Steers Real Estate 12/31/07 2,486,541.66 2,434,688.00 Mesirow Financial Equities 01/18/07 9,094,477.93 9,760,266.00 Money Market 01/18/07 555,683.00 555,683.00 Total Mesirow Financial 9,650,160.93 Mitchell Vaught & Taylor Money Market 05/01/07 186,297.00 186,297.00 Treasury Note, 4.75% 03/29/07 01/31112 606,562.50 602,154.00 600,000.00 4.73 Treasury Note, 0.875% 03/16/10 02/29/12 440,251.48 440,585.00 440,000.00 0.87 Treasury Note, 1.00% 04/30/10 04/30/12 299,860.38 300,939.00 300,000.00 1.00 FNMA MTN, 4.75% 08/29/08 02/21/13 154,719.30 157,547.00 150,000.00 4.52 Treasury Note, 2.5% 03/31/08 03/31/13 405,837.62 411,408.00 400,000.00 2.43 FNMA MTN, 1.75% 03/25/10 05/07/13 414,308.61 422,781.00 415,000.00 1.72 FNMA MTN, 4.375% 05/15/07 07/17/13 503,434.74 514,706.00 485,000.00 4.12 FNMA MTN, 2.875% 02/19/10 12/11/13 360,570.70 366,783.00 350,000.00 2.74 Treasury Stripped 06/25/09 02/15/14 438,937.40 487,011.00 490,000.00 FNMA MTN, 4.125% 05/10/07 04/15/14 286,225.19 313,795.00 290,000.00 3.81 Treasury Note, 2.375% 09/14/09 08/31/14 301,829.13 316,032.00 300,000.00 2.25 FNMA MTN, 2.625% 03/18/10 11/20/14 452,006.55 476,109.00 450,000.00 2.48 Treasury Note, 1.875% 07/16/10 06/30/15 473,122.67 492,471.00 470,000.00 1.79 FHLMC MTN, 4.75% 05/14/07 11/17/15 440,150.82 480,980.00 420,000.00 4.15 FNMA MTN, 5.00% 03/16/10 03/15/16 442,048.40 466,128.00 400,000.00 4.29 FHLB DEB, 4.75% 05/15/07 12/16/16 176,194.44 211,491.00 180,000.00 4.04 Treasury Note, 3.25% 01/29/10 12/31/16 403,251.60 446,624.00 400,000.00 2.91 FNMA MTN, 5.375% 02/19/10 06/12/17 390,247.55 422,881.00 350,000.00 4.45 Treasury Note, 1.875% 11/08/10 10/31/17 262,672.13 271,843.00 260,000.00 1.79 Treasury Bond, 9.125% 05/08/07 05/15/18 286,024.54 305,850.00 205,000.00 6.12 Treasury Note, 4.0% 10/16/08 08/15/18 409,845.35 471,092.00 400,000.00 3.40 Treasury Note, 3.375% 12/18/09 11/15/19 442,055.32 512,964.00 450,000.00 2.96 Treasury Note, 2.625% 09/15/10 08/15/20 447,470.55 485,334.00 450,000.00 2.43 FNMA MTN, 3.05% 09/28/10 09/28/20 245,490.00 260,234.00 245,000.00 2.87 Treasury Note, 2.125% 10/20/11 08/15/21 299,028.54 307,689.00 300,000.00 2.07 FNMA MTN, 6.25% 05/14/07 05/15/29 174,979.81 218,220.00 155,000.00 4.44 JPMORGAN CHASE, 4.65% 08/26/11 06/01/14 266,325.00 263,973.00 250,000.00 4.40 10,009,747.32 US Bank - Fixed Income Money Market 07/31/99 322,468.00 322,468.00 FHLB DEB, 2.00% 06/17/10 09/14/12 204,268.00 202,444.00 200,000.00 1.98 FNMA #535710 01/18/02 11101/12 14,199.47 281.00 277.53 7.83 FNMA #251338 03/18/04 12/01/12 4;510.83 1,043.00 1,018.43 6.33 FNMA #254584 11/19/02 12/01/12 24,828.19 8,012.00 7,484.44 4.67 FNMA #254646 01/21/03 01/01/13 9,485.14 5,073.00 4,904.77 4.36 FNMA Deb 07/30/03 03/15/13 191,554.40 209,800.00 200,000.00 4.17 FNMA #424335 06/22/01 05/01/13 4,052.52 989.00 956.34 6.27 FHLMC GO E00567, 7.0% OS/23/06 08/01/13 17,645.32 15,217.00 14,604.86 6.72 FHLMC Pool 90036, 6% 06118/01 10/01/13 1,173.99 1,445.00 1,332.28 5.54 FHLMC Pool 90037, 6% 03/15/04 11/01/13 21,516.05 13,647.00 12,583.83 5.53 FNMA #255013 12/31/03 11/01/13 38,473.98 27,639.00 26,068.86 4.71 FNMA #445355 04/23/04 12/01/13 8,216.52 4,221.00 4,043.66 6.24 Zero Coupon Bond 01/05/06 02/15/14 839,856.00 1,192,680.00 1,200,000.00 FNMA #491365 04/23/04 06/01/14 7,254.88 3,046.00 2,911.39 6.20 FNMA #534998 06/21/01 06/01/14 2,771.65 2,249.00 2,083.38 5.54 Treasury Note, 2.625% 06/23/11 07/31/14 529,335.94 529,335.00 500,000.00 2.48 FNMA #598032 08/16/01 08/01/14 1,913.19 824.00 789.37 5.73 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of December 31, 2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FNMA #633688 04/16/02 09/01/14 26,208.82 30,472.00 28,065.72 5.07 Treasury Security 12/23/05 11/15/14 502,185.00 741,405.00 750,000.00 FHLMC GO P60089, 7% 07/20/04 12/01/14 4,724.39 2,474.00 2,382.00 6.75 FNMA #535219 08/20/04 03/01/15 27,170.06 14,335.00 13,550.36 7.09 FNMA MTN, 4.375% 12/15/10 10/15/15 384,037.50 395,497.00 350,000.00 3.87 Zero Coupon Bond Stripped 05/29/03 11/15/15 350,086.75 570,668.00 585,000.00 GNMA #142495 07/22/87 12/15/15 3,493.63 3,891.00 3,878.51 7.97 FHLMC Pool GO C90124, 7% 04/15/04 01/01/16 27,004.21 19,437.00 17,618.83 6.34 FNMA #725382 07/20/04 01/01/16 16,867.79 3,284.00 3,121.49 7.61 Treasury Note, 2.0% 09/11/08 01/15/16 284,028.83 318,796.00 285,327.50 1.79 FHLMC Pool GO P60090, 7% 07/20/04 03/01/16 3,672.97 1,838.00 1,749.55 6.64 Treasury Note, 2.625% 06/16/09 04/30/16 285,448.50 324,585.00 300,000.00 2.43 FNMA #253846 04/23/04 06/01/16 8,336.26 6,022.00 5,497.77 5.93 Zero Coupon Bond 10/04/02 07/15/16 246,197.14 487,100.00 520,000.00 Treasury Bond, 7.5% Coupon 04/23/93 11/15/16 785,627.89 989,003.00 750,000.00 5.69 Treasury Note, 3.25% 06/23/11 12/31/16 538,906.25 558,280.00 500,000.00 2.91 GNMA #197505 06/23/87 03/15/17 2,965.93 3,426.00 3,075.05 7.18 FNMA #254308 04/17/07 05/01/17 126,845.02 1U,559.00 116,081.52 5.91 FNMA #645917 07/19/10 06/01/17 251,136.84 237,925.00 215,842.04 5.90 FHLMC Pool GO G11426, 7% 04/28/04 07/01/17 11,983.09 5,735.00 5,493.85 6.71 FNMA #251342 04/15/04 11/01/17 29,746.96 19,221.00 17,194.63 6.26 FHLMC Pool GO E93732, 5% 11/17/05 01101118 40,197.30 46,774.00 43,431.00 4.64 FNMA#681270 11/20/07 01/01/18 13,484.09 14,845.00 13,744.43 4.63 FNMA #695812 03/18/03 03/01118 39,057.85 33,242.00 30,776.60 4.63 FHLMC Pool GO E96427, 5% 02/19/08 04/01/18 52,877.78 54,966.00 50,583.03 4.60 FNMA #251692 03/15/04 04/01/18 18,908.16 14,038.00 12,610.73 5.84 FNMA #625609 11/18/04 04/01/18 13,571.12 13,343.00 12,286.19 4.60 FNMA #695910 11/18/04 05/01/18 15,152.92 15,105.00 13,852.66 4.59 FNMA #251787 01/20/04 06/01/18 17,720.82 14,126.00 12,689.60 5.84 FNMA #682424 03/17/05 07/01/18 13,817.21 16,596.00 15,601.96 3.76 FNMA #713804 03/27/06 07/01/18 22,262.16 29,607.00 27,833.91 3.76 FNMA #720393 10/19/04 07/01/18 36,093.38 38,584.00 35,526.43 4.14 FNMA #721545 04/18/05 07/01/18 20,575.58 26,156.00 24,589.19 3.76 FNMA #721608 03117/05 07/01/18 23,402.98 30,088.00 28,285.73 3.76 FNMA #722477 04/18/05 07/01/18 20,594.28 26,517.00 24,928.16 3.76 FNMA #726128 03/17/05 07/01/18 22,424.39 29,205.00 27,455.81 3.76 FNMA #729347 03/17/05 07/01/18 27,136.47 35,825.00 33,679.24 3.76 FNMA #682450 03/17/05 09/01/18 3,106.63 3,720.00 3,496.71 3.76 FNMA #252104 08/20/04 11/01/18 14,276.79 12,112.00 10,880.78 5.84 FNMA #735522 05/17/05 12/01/18 50,318.81 59,342.00 55,787.47 3.76 FHLMC GO C90250, 6.5% 05/16/06 02/01/19 47,602.18 50,009.00 44,817.92 5.82 FNMA #545970 07/29/05 02/01/19 36,252.17 33,873.00 30,429.73 5.84 FNMA #323603 08/20/04 03/01/19 30,724.71 25,945.00 23,307.82 5.84 FHLMC GO E01647, 4.0% 08/17/04 05/01/19 13,543.90 16,828.00 15,946.53 3.79 Zero Coupon Bond 03/11/94 05/15/19 465,426.93 893,460.00 1,000,000.00 FHLMC Pool C90265, 6.5 % 03/11/04 06/01/19 68,987.39 51,474.00 46,131.50 5.83 FNMA #252499 03/18/04 06/01/19 21,716.80 16,648.00 14,955.72 5.84 FNMA #252573 08/22/03 06/01/19 30,309.80 27,784.00 25,221.87 5.45 FHLB Oeb, 4.125% 04/20/11 03/13/20 364,292.25 401,573.00 350,000.00 3.60 Zero Coupon Bond 06/27/03 05/15/20 223,540.00 431,010.00 500,000.00 Zero Coupon Bond 01/29/03 05/15/20 426,995.00 870,390.00 1,000,000.00 Treasury Bond, 7.875% 05/22/07 02/15/21 2,029,907.50 2,289,030.00 1,500,000.00 5.16 FNMA #253708 08/20/04 03/01/21 21,143.75 18,205.00 16,354.73 5.87 FNMA #745406 OS/20/08 03/01/21 48,826.05 48,787.00 45,057.11 5.54 FHLMC GO 095476, 6.0% 09/20/04 02/01/22 8;095.99 5,494.00 5,000.71 5.46 FNMA #254193 06/13/05 02/01/22 74,267.35 75,557.00 68,588.46 5.45 FNMA #254231 09/13/06 03/01/22 40,986.12 43,651.00 39,625.39 5.45 FNMA #254305 09/14/05 05/01/22 15,448.23 14,809.00 13,303.71 5.84 FNMA #889634 07/19/10 02/01/23 67,854.02 64,620.00 59,611.11 5.54 FNMA #254764 02/11/10 06/01/23 32,211.64 31,640.00 28,844.44 5.01 FHLMC GO 096094, 4.5% 11/14/05 07/01/23 51,873.53 61,188.00 56,609.98 4.16 FHLMC GO J12371 , 4.50% 09/20/10 06/01/25 143,429.58 140,322.00 132,323.17 4.24 FHLMC GO G30290, 6.5% 08/14/07 03/01/26 29,246.44 30,934.00 27,723.29 5.83 FNMA #256556, 6.00% 03/10/11 01/01/27 75,730.58 74,521.00 67,590.13 5.44 GNMA #2629, 6.00% 12/20/10 08/20/28 103,384.56 103,831.00 91,299.75 5.28 FNMA #481427 05/18/01 01/01/29 (0.00) 12,463.00 11,180.53 5.38 FNMA #483802 12/12/02 02/01/29 41,947.93 44,585.00 40,553.35 5.00 GNMA#2783 07/22/99 07/20/29 23,735.01 28,407.00 24,360.03 6.00 Treasury Bond, 5.375% 05/19/09 02/15/31 804,650.44 926,452.00 650,000.00 3.77 FHLMC Pool C01292F, 6.0% 02/13/02 02/01/32 7,699.06 24,415.00 21,917.81 5.39 FNMA #685962 09/15/03 02/01/32 39,625.90 49,434.00 45,359.68 4.59 STATEMENT OF INVESTMENTS-FIRE PENSION FUND As of December 31,2011 Investment Maturity Book Market Maturity Rate of Investment Date Date Value Value Value Interest FHLMC C66034, 6.5% 05/13/02 04/01/32 33,920.76 30,269.00 26,416.45 5.67 FNMA#254310 03/14/05 05/01/32 57,781.66 57,306.00 51,408.65 5.38 FNMA #545782 12/31/04 07101/32 17,493.21 16,831.00 14,460.78 6.01 FNMA#813818 05112/05 07101/32 12,330.43 7,843.00 6,727.27 6.01 FNMA #685952, 6.50 % 05/12/05 09/01/32 140,168.13 144,546.00 126,444.21 5.69 FNMA #725350 10/30106 01/01/33 31,199.20 34,937.00 31,341.69 5.38 FNMA #702435 05/14/03 05/01/33 118,924.51 114,677.00 104,783.88 5.03 FNMA #702901 09/14/05 05/01/33 35,520.82 37,217.00 33,228.06 5.36 FNMA #711215 08/14/07 06/01/33 72,963.52 87,515.00 79,084.31 4.97 FHLMC GO A11312, 6.0% 12/12/06 07101/33 48,348.74 52,878.00 47,469.48 5.39 FNMA #726912 05/13/04 08/01/33 29,774.66 41,492.00 39,247.00 3.78 FNMA #729379 09/14/05 08/01/33 4,647.62 4,763.00 4,252.54 5.35 FNMA #738348 03/15/04 09/01/33 8,919.64 8,818.00 7,872.70 5.35 FNMA #725017 02/12/04 12/01/33 32,153.69 33,577.00 30,146.24 4.94 FHLMC GO G01864, 5.0% 08/14/07 01/01/34 27,586.99 34,380.00 31,933.58 4.65 FNMA #755617 04/13/10 01/01/34 52,451.23 53,157.00 48,036.35 4.97 FNMA #759893 03/15/04 01/01/34 3,262.56 2,883.00 2,573.57 5.34 FNMA #751182 03/15/04 03/01/34 31,603.93 33,142.00 29,756.13 4.94 FNMA #767378 04/15/04 03/01/34 77,270.42 79,138.00 71,053.07 4.94 FNMA #801357 07/14/05 08/01/34 18,211.60 18,724.00 17,128.03 5.03 FNMA #796295 11/14/05 12/01/34 36,582.60 50,282.00 47,131.07 4.22 FNMA #888568 08114/07 12/01/34 36,868.19 45,907.00 42,449.45 4.62 FNMA #809159 02/10105 01/01/35 106,254.62 118,479.00 107,172.03 4.52 FNMA #815426 11/14/05 02/01/35 30,691.72 43,985.00 41,228.73 4.22 FHLMC GO A46987, 5.5% 12/13/05 07101/35 53,714.97 61,117.00 56,077.11 5.05 GNMA #003851 04/20/11 05/20/36 52,384.98 53,869.00 47,808.03 4.88 FNMA #872912 02/11/10 06/01/36 78,532.69 74,388.00 66,231.29 5.79 GNMA #737975 02/17/11 112,847.31 115,237.00 101,597.31 5.29 FNMA #831806,6.5% 06/14/10 10101/36 103,493.07 102,213.00 91,005.26 5.79 FHLMC GO C02660, 6.5% 12/12/06 11/01/36 29,203.30 30,512.00 27,102.34 5.77 FHLMC GO P50531, 6.5% 08/12/10 01/01/37 96,060.50 96,544.00 86,614.05 5.83 FNMA #906350. 6.0% 01/18/11 01/01/37 141,046.87 143,852.00 130,584.93 5.45 FNMA #923790 09/14/10 05/01/37 116,550.71 111,442.00 106,291.36 6.20 FHLMC GO H02432, 6.0% 08/11/11 03/01/38 196,742.10 197,507.00 180,752.63 5.49 FNMA #995504 08/13/09 11/01/38 41,662.60 39,897.00 33,326.01 6.26 Treasury Bond, 4.5% 11/29/11 08/15/39 322,050.78 330,665.00 250,000.00 3.40 FHLMC GO G05832, 5.0% 06/13/11 03/01/40 365,095.19 366,696.00 340,953.62 4.65 FHLMC GO A 91904,5.50% 06/12/10 04/01/40 188,917.12 191,722.00 175,208.17 5.03 FHLMC GO C03475, 6.00% 08/12/10 04/01/40 87,580.01 84,983.00 77,287.71 5.46 FNMA #AH6543A, 6.0% 11/14/11 02/01/41 101,116.58 102,820.00 97,515.18 3.79 Total US Bank 15,166,560.66 Total Investments $ 51,874,630.16 Book Market Percent Total Invested Per Institution Value Value Invested Illinois Funds 1,021,497.58 1,021,497.58 1.97 Equities 9,094,477.93 9,760,266.00 17.53 Money Market 1,064,448.00 1,064,448.00 2.05 Mutual Funds 13,540,122.01 12,239,405.50 26.10 GNMA 298,811.42 308,661.00 0.58 Treasury Bonds 4,228,261.15 4,841,000.00 8.15 Treasury Notes 6,429,506.79 6,790,131.00 12.39 FNMA 7,089,240.03 7,322,925.00 13.67 FHLMC Bonds 2,117,419.68 2,168,340.00 4.08 FHLB Agency Bonds 744,754.69 815,508.00 1.44 Zero Coupon Bonds 3,493,224.22 5,673,724.00 6.73 Real Estate 2,486,541.66 2,434,688.00 4.79 Corporate Bonds 266,325.00 263,973.00 0.51 $51,874,630.16 $54,704,567.08 100.00 OPERATING REPORT SUMMARY REVENUES December 31, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Water & Sewer Fund Water Sales 908,333 809,325 10,900,000 10,491,404 10,900,000 96.3% Connection Fees 4,167 5,812 50,000 9,606 50,000 19.2% Cross Connection Fees 3,083 3,189 37,000 37,888 37,000 102.4% Penalties 4,167 6,154 50,000 57,151 50,000 114.3% Investment Earnings 1,250 85 15,000 4,693 15,000 31.3% Other Revenue Sources 38,393 (875,414) 460,720 372,093 460,720 80.8% Total Water Fund 959,393 (50,850) 11,512,720 10,972,834 11,512,720 95.3%1 100.0% Motor Fuel Tax Fund 113,233 226,331 1,358,800 1,504,126 1,358,800 110.7% Community Dev. Block Grant Fund 27,917 13,000 335,000 179,838 335,000 53.7% EDA Administration Fund 337,223 7,843 4,046,680 4,060,353 4,046,680 100.3% E-911 Surcharge 2,229 2,113 26,750 24,416 26,750 91.3% Asset Seizure Fund 108,211 17,660 1,298,530 1,159,844 1,298,530 89.3% Municipal Waste System Fund 95,912 393,096 1,150,940 1,255,509 1,150,940 109.1% Sears Centre Operating Fund 389,263 2,886,124 4,671,150 6,841,156 4,671,150 146.5% Insurance Fund 159,483 159,821 1,913,800 1,913,100 1,913,800 100.0% Information Systems 92,228 96,328 1,106,740 1,106,178 1,106,740 99.9% Roselle Road TIF 200 202 1,171,580 538,747 1,171,580 46.0% Total Spec Rev. & Int. Svc. Fund 1,325,899 3,802,518 17,079,970 18,583,268 17,079,970 108.8% TOTAL OPERATING FUNDS 7,478,347 9,122,583 74,420,358 72,410,396 74,420,358 97.3%1 100.0% I Sears EDA Gen Account 15,988,968 N/A 2001 G.O. Debt Service 700 717 643,600 642,005 643,600 99.8% 1997 A & B G.O. Debt Service 0 553,480 553,447 553,480 100.0% 2003 G.O. Debt Service 6,900 6,995 711,280 700,428 711,280 98.5% 2004 G.O. Debt Service 7,700 7,719 974,040 964,268 974,040 99.0% 2005A G.O. Debt Service 10 19 3,905,500 3,286,675 3,905,500 84.2% 2005 EDA TIF Bond Fund 5 21,000 2,057 21,000 9.8% 2008 G.O.D.S. Fund 1 1,352,260 1,332,263 1,352,260 98.5% 2009 G.O.D.S. Fund 17,100 17,173 550,000 272,984 550,000 49.6% TOTAL DEBT SERVo FUNDS 32,410 32,629 8,711,160 23,743,096 8,711,160 272.6%1 100.0% I Central Rd. Corridor Fund 25 24 300 169 300 56.5% Hoffman Blvd Bridge Maintenance 39 34 470 388 470 82.5% Western Corridor Fund 925 47 11,100 558 11,100 5.0% Traffic Improvement Fund 113 40,623 1,350 41,029 1,350 3039.2% EDA Series 1991 Project 39,167 323 470,000 5,956 470,000 1.3% Central Area Rd. Impr. Imp. Fee 42 50 500 568 500 113.6% 2008 Capital Project Fund 2 2,731 N/A Western Area Traffic Impr. 60 39 720 465 720 64.6% 2009 Capital Project Fund 83,333 98 1,000,000 504,557 1,000,000 50.5% Western Area Traffic Impr. Impact Fee 425 23,152. 5,100 181,671 5,100 3562.2% Capital Improvements Fund 777,886 272,300 9,334,630 2,562,748 9,334,630 27.5% Capital Vehicle & Equipment Fund 46,213 18,215 554,550 530,540 554,550 95.7% Capital Replacement Fund 500 438 6,000 3,916 6,000 65.3% TOTAL CAP. PROJECT FUNDS 948,727 355,345 11,384,720 3,835,296 11,384,720 33.7%1 100.0% 1 Police Pension Fund (1,060,687) 4,405,184 3,071,736 4,405,184 69.7% Fire Pension Fund 531,900 531,989 4,186,294 5,408,386 4,186,294 129.2% TOTAL TRUST FUNDS 531,900 (528,698) 8,591,478 8,480,122 8,591,478 98.7%1 100.0% TOTAL ALL FUNDS 8,991,383 8,981,860 103,107,716 108,468,910 103,107,716 105.2%1 100.0% OPERATING REPORT SUMMARY EXPENDITURES December 31, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK General Fund General Admin. Legislative 29,358 22,328 352,290 309,075 352,290 87.7% Administration 48,168 57,206 578,020 545,291 578,020 94.3% Legal 39,586 49,431 475,030 417,620 475,030 87.9% Finance 68,321 85,954 819,850 799,376 819,850 97.5% Village Clerk 14,558 18,076 174,690 168,586 174,690 96.5% Human Resource Mgmt. 36,884 45,979 442,610 433,379 442,610 97.9% Communications 14,173 13,474 170,070 161,439 170,070 94.9% Cable TV 11,456 18,215 137,470 127,486 137,470 92.7% Emergency Operations 13,354 21,381 160,250 172,326 160,250 107.5% Total General Admin. 275,857 332,043 3,310,280 3,134,579 3,310,280 94.7%1 100.0%1 Police Department Administration 106,132 121,230 1,273,580 1,242,817 1,273,580 97.6% Juvenile Investigations 57,586 51,874 691,030 577,205 691,030 83.5% Problem Orient. Police 108 (1) 1,300 496 1,300 38.1% Tactical 61,737 67,941 740,840 741,120 740,840 100.0% Patrol and Response 781,504 865,196 9,378,044 9,215,279 9,378,044 98.3% Traffic 75,623 123,490 907,470 962,815 907,470 106.1% Investigations 90,186 112,940 1,082,230 1,063,360 1,082,230 98.3% Community Relations 843 346 10,120 7,481 10,120 73.9% Communications 47,258 567,100 555,070 567,100 97.9% Canine 12,672 14,265 152,060 148,433 152,060 97.6% Special Services 9,976 15,340 119,710 169,808 119,710 141.8% Records 27,541 33,005 330,490 309,374 330,490 93.6% Administrative Services 58,979 76,500 707,750 682,996 707,750 96.5% Total Police 1,330,144 1,482,127 15,961,724 15,676,254 15,961,724 98.2%1 100.0%1 Fire Department Administration 49,008 53,239 588,100 591,345 588,100 100.6% Public Education 2,365 3,279 28,380 24,684 28,380 87.0% Suppression 498,615 609,778 5,983,374 5,959,952 5,983,374 99.6% Emer. Med. Servo 452,031 496,240 5,424,370 5,263,632 5,424,370 97.0% Prevention 31,879 76,278 382,550 354,384 382,550 92.6% Fire Stations 1,998 1,179 23,980 16,467 23,980 68.7% Total Fire 1,035,896 1,239,993 12,430,754 12,210,465 12,430,754 98.2%1 100.0%1 Public Works Department Administration 19,913 24,175 238,960 225,622 238,960 94.4% Snow/Ice Control 149,615 103,838 1,795,380 1,670,257 1,795,380 93.0% Pavement Maintenance 27,531 36,132 330,370 336,560 330,370 101.9% Forestry 68,266 137,996 819,190 741,251 819,190 90.5% Facilities 81,157 113,598 973,880 895,142 973,880 91.9% Fleet Services 100,654 167,433 1,207,850 1,337,023 1,207,850 110.7% FAST. 17,808 33,418 213,700 201,195 213,700 94.1% Storm Sewers 17,495 17,909 209,940 204,304 209,940 97.3% Traffic Control 49,937 58,012 599,240 562,742 599,240 93.9% Total Public Works 532,376 692,510 6,388,510 6,174,095 6,388,510 96.6%1 100.0%1 OPERATING REPORT SUMMARY EXPENDITURES December 31, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Development Services Administration 16,596 23,911 199,150 202,443 199,150 101.7% Planning 36,831 62,107 441,970 482,228 441,970 109.1% Code Enforcement 86,805 120,947 1,041,660 1,050,073 1,041,660 100.8% Transportation & Engineering 85,062 117,036 1,020,740 1,013,556 1,020,740 99.3% Economic Development 98,337 113,001 1,180,040 668,089 1,180,040 56.6% Total Development Services 323,630 437,002 3,883,560 3,416,389 3,883,560 88.0%1 100.0%1 Health & Human Services 53,185 66,304 638,220 611,233 638,220 95.8%1 100.0%1 Miscellaneous 4th of July 93,800 89,282 93,800 95.2% Police & Fire Comm. 7,191 18,427 86,290 61,421 86,290 71.2% Misc. Boards & Comm. 12,191 15,726 146,290 127,354 146,290 87.1% Misc. Public Improvements 2,300,000 2,400,413 3,763,110 3,825,963 3,763,110 101.7% Total Miscellaneous 2,319,382 2,434,566 4,089,490 4,104,020 4,089,490 100.4%1 100.0%1 Total General Fund 5,870,469 6,684,546 46,702,538 45,327,035 46,702,538 97.1%1 100.0%1 Water & Sewer Fund Water Department 836,700 881,165 11,209,460 10,296,228 11,209,460 91.9% Sewer Department 264,106 369,971 3,169,270 3,041,273 3,169,270 96.0% Billing Division 49,692 60,652 596,300 597,060 596,300 100.1% Debt Service Division 4,630 4,630 0.0% Capital Projects Division 32,200 100,000 288,345 100,000 288.3% Total Water & Sewer 1,150,498 1,343,988 15,079,660 14,222,906 15,079,660 94.3%1 100.0%1 Motor Fuel Tax 25,553 2,860 306,630 291,558 306,630 95.1% Community Dev. Block Grant Fund 21,300 13,000 335,000 179,838 335,000 53.7% EDA Administration Fund 394,650 519,932 4,735,800 4,769,854 4,735,800 100.7% E-911 Fund 25,000 25,517 300,000 310,397 300,000 103.5% Asset Seizure Fund 109,523 18,149 1,314,280 1,164,843 1,314,280 88.6% Municipal Waste System 101,127 32,589 1,213,520 1,117,983 1,213,520 92.1% Sears Centre Operating Fund 349,225 214,406 4,190,700 4,400,769 4,190,700 105.0% Insurance 158,817 129,700 1,905,800 1,628,670 1,905,800 85.5% Information Systems 92,228 112,871 1,106,740 987,140 1,106,740 89.2% Roselle Road TIF 23,420 5,867 281,040 75,675 281,040 26.9% TOTAL OPERATING FUNDS 8,321,809 9,103,425 77,471,708 74,476,668 77,471,708 96.1%1 100.0%1 Sears EDA General Account 15,988,968 N/A 2001 G.O. Debt Service 531,700 544,000 544,000 544,000 100.0% 1997 A & B G.O. Debt Service 529,100 553,400 553,393 553,400 100.0% 2003 G.O. Debt Service 691,300 703,380 703,380 703,380 100.0% 2004 G.O. Debt Service 938,300 972,240 972,238 972,240 100.0% 200SA G.O. Debt Service 2,564,800 3,904,700 3,899,716 3,904,700 99.9% 2005 EDA TIF Bond Fund 1,500 21,000 5,000 21,000 23.8% 2008 G.O.D.S. Fund 666,100 1,332,750 1,332,750 1,332,750 100.0% 2009 G.O.D.S. Fund 756,900 1,514,360 2,260,357 1,514,360 149.3% TOTAL DEBT SERVo FUNDS 6,678,200 1,500 9,545,830 26,259,801 9,545,830 275.1%1 100.0%1 OPERATING REPORT SUMMARY EXPENDITURES December 31, 2011 CURRENT MONTH YEAR-TO-DATE ANNUAL BENCH- BUDGET ACTUAL BUDGET ACTUAL BUDGET % MARK Central Road Corridor Improvement 20,833 250,000 250,000 0.0% Hoffman Blvd Bridge Maintenance 250 3,000 2,500 3,000 83.3% Traffic Improvement Fund 51,333 16,580 616,000 176,624 616,000 28.7% EDA Series 1991 Project 132,585 39,132 1,591,020 91,724 1,591,020 5.8% Central Area Rd. Impr. Imp. Fee 8,333 100,000 100,000 0.0% 2008 Capital Project 3,726 N/A 2009 Capital Project 6,300 401,809 1,805,000 2,692,461 1,805,000 149.2% Western Area Rd Improve Imp. Fee 25,000 40,225 300,000 57,708 300,000 19.2% Capital Improvements Fund 45,500 62,800 9,334,120 2,427,360 9,334,120 26.0% Capital Vehicle & Equipment Fund 62,600 554,500 406,721 554,500 73.3% Capital Replacement Fund 291,520 24,918 291,520 8.5% TOTAL CAP. PROJECT FUNDS 352,735 560,546 14,845,160 5,883,742 14,845,160 39.6%1 100.0%1 Police Pension Fund 236,575 246,304 2,838,901 3,107,339 2,838,901 109.5% Fire Pension Fund 263,755 271,102 3,165,063 3,122,694 3,165,063 98.7% TOTAL TRUST FUNDS 500,330 517,406 6,003,964 6,230,033 6,003,964 103.8%1 100.0%1 TOTAL ALL FUNDS 15,853,074 10,182,877 107,866,662 112,850,243 107,866,662 104.6%1 100.0%1