VILLAGE OF HOFFMAN ESTATES TREASURER'S REPORT FOR THE FISCAL YEAR ENDED DECEMBER 31,2015 SUMMARY STATEMENT OF CONDITION Special Debt Capital Internal Pension General Revenue Service Projects Enterprise Service T rust Fund Funds Funds Funds Funds Funds Funds Beginning Fund Balance/ Retained Earnin gs $ 16,418,655 $ 3,414,55 1 $ 439,080 $ 6,697,555 $ 53,148,158 $ 2,332,535 $ 139,298,429 Revenues 60,66 1,588 1,869,809 2,405,810 6,478,742 29,586,516 2,714,165 6,127,233 Expenditures/Expenses (52,248,076) (3 ,699,281) (3,714,382) (33,272, 172) (32,034,496) (2,463,896) (8,41 I ,225) Other Financing Sources 303,920 - 1,133 ,188 30,333,085 985,005 50,404 Other Financing Uses (2,476, 194) (34,451) (35,429) ( I ,968,009) ( Ill ,789) (300,000) Ending Fund Balance/ Net Position $ 22,659,893 $ 1,550,628 $ 228,267 $ 8,269,20 1 $ 51,573,394 $ 2,333,208 $ 137,0 14,437 VILLAGE OF HOFFMAN ESTATES SECTION 1: SCHEDULE OF CASH AND INVESTMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 GENERAL FUND 18,152,685 MUNICIPAL WASTE 223,318 SPECIAL REVENUE FUNDS MOTOR FUEL TAX FUND 416,603 COMMUNITY DEVELOPMENT BLOCK GRANT FUND 1 ASSET SEIZURE FUND 341,183 EDA ADMINISTRATION FUND 530,624 EMERGENCY 911 FUND 64,149 ROSELLE ROAD TIF FUND 673,026 TOTAL SPECIAL REVENUE FUNDS 2,025,586 DEBT SERVICE FUNDS 2008A G.O. DEBT SERVICE FUND 67,726 2009A G.O. DEBT SERVICE FUND 148,604 TOTAL DEBT SERVICE FUNDS 216,330 CAPITAL PROJECTS FUNDS CENTRAL ROAD CORRIDOR IMPROVEMENT FUND 247,686 HOFFMAN BLVD BRIDGE MAINTENANCE FUND 333,855 WESTERN CORRIDOR FUND 2,583,304 TRAFFIC IMPROVEMENT FUND 298,689 EDA SERIES 1991 PROJECT FUND 2,909,863 ROAD IMPROVEMENT FUND 278,964 WESTERN AREA TRAFFIC IMPROVEMENT FUND 158,148 WESTERN AREA ROAD IMPROVEMENT IMPACT FEE FUND 168,097 CAPITAL IMPROVEMENTS FUND 290,417 CAPITAL VEHICLE AND EQUIPMENT FUND 54,927 CAPITAL REPLACEMENT FUND 1,173,446 STORMWATER MANAGEMENT 797,700 2015 CAPITAL PROJECTS FUND 54,775 TOTAL CAPITAL PROJECTS FUNDS 9,349,871 Page I VILLAGE OF HOFFMAN ESTATES SECTION 1: SCHEDULE OF CASH AND INVESTMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 ENTERPRISE FUNDS WATERWORKS & SEWERAGE FUND 4,503,642 SEARS CENTRE OPERATING FUND 2,989,202 TOTAL ENTERPRISE FUNDS 7,492,844 INTERNAL SERVICE FUNDS INSURANCE FUND 2,615,565 INFORMATION SYSTEMS FUND 906,601 TOTAL INTERNAL SERVICE FUNDS 3,522,166 PENSION TRUST FUNDS POLICE PENSION FUND 662,203 FIREFIGHTERS' PENSION FUND 1,423,554 TOTAL PEN SION TRUST FUNDS 2,085,757 AGENCY FUNDS BARRINGTON/HIGGINS TIF FUND 450,326 EDA SPECIAL TAX ALLOCATION FUND 8,213 TOTAL AGENCY FUNDS 458,539 Page 2 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 GENERAL FUND: TAXES PROPERTY TAXES 11,249,027 PROPERTY TAXES - EDA INCREMENTAL 5,000,000 PROPERTY TAXES, PRIOR YEAR 144,029 HOTEL TAX 1,426,413 REAL ESTATE TRANSFER TAX 925,104 HOME RULE SALES TAX 3,883,502 TELECOMMUN ICATIONS TAX 2,052,086 EDA PROPERTY TAX SURPLUS 104,636 PROPERTY TAXES- BARRINGTON/HIGGINS 50,642 PROPERTY TAXES- FIRE PENS ION 2,528,769 PROPERTY TAXES- FIRE PENSION, PRIOR YEAR 44,974 PROPERTY TAXES- POLICE PENSION 2,600,533 PROPERTY TAXES- PO LI CE PENSION, PRIOR YEAR 46,508 TOTAL TAXES 30,056,223 LICENSES AND PERM ITS BUSINESS LICENSES 308,486 LIQUOR LICENSES 251,062 ANIMAL LICENSES 12,349 BUILDING PERMITS 1,199,691 TAXI/LIVERY LICENSES 6,080 AT&T FRANCHISE FEE 219,295 CABLE TV PEG FEES 39,385 AT&T PEG FEES 43,859 TOTAL LICENSES AND PERM ITS 2,080,207 INTERGOVERNMENTAL SALES TAX 8,220,338 LOCAL USE TAX 1,145,993 INCOME TAX 5,611,360 REPLACEMENT TAX 277,636 REPLACEMENT TAX- POLICE PENSION 16,113 REPLACEMENT TAX- FIRE PENSION 16,113 GRANTS 24,568 FOREIGN FIRE INSURANCE TAX 58,139 FIRE PROTECTION DISTRICT 59,890 PROPERTY TAX- R & B 297,056 COOK COUNTY GAS TAX REBATE 12,542 TOBACCO GRANT REVENUE 1,191 EMERGENCY OPERATIONS GRANT REVENUE 15,765 BATILE GRANT REVENUE 33,659 SAFER GRANT REVENUE 6,136 Page I VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 TOTAL INTERGOVERNMENTAL 15,796,499 CHARGES FOR SERVICES PLAN REVIEW FEES 4,545 HEARING FEES 30,650 ENGINEERING FEES 576,705 AMBULANCE FEES 1,251,693 COUNSELING FEES 37,970 HEALTH CLINIC FEES 21,679 SNOW REMOVAL FEES (1,000) POLICE HIREBACK 456,777 REPORI FEES- POLICE 7,381 FALSE ALARM FEES 36,800 COUNTER SA LES 99 SMOKE DETECT/LOCK & FEBS BOX 1,410 LEASE PAYMENTS 848,020 VILLAGE GREEN LEASE 14,562 CABLE IV FEES 538,901 4TH OF JULY PROCEEDS 123,050 RECAPTURE ADM IN FEES 27,484 EQUIPMENT USAGE 110,223 EMPLOYEE PAYMENTS 1,057,747 PASSPORT REVENUES 19,925 HIREBACK- ARENA 185,587 WIRELESS ALARM SUBSCRIBER 645,490 BACKFLOW PREVENT AUDIT FEES 49,000 RENTAL INSPECTIONS 282,625 TOLLWAY FIRE/AMBULANCE PAYMENT 30,157 S BARR INGTO N FUE L REIMBURSEMENT 24,805 TIPPING FEES 2,378,866 TIPPING FESS UB 88,252 MUNICIPAL WASTE FRANCHISE 160,766 TOTAL CHARGES FOR SERVICES 9,010,169 FINES AND FORFEITS COURT FINES -COUNTY 248,752 TICKET FINES -VILLAGE 632,465 OVERWEIGHT TRUCK FINES 5,580 RED LIGHT CAMERA REVENUE 967,812 LOCAL DEBT RECOVERY 151,343 COURT SUPERVISION 30,000 TOTAL FINES AND FORFEITS 2,035,952 Page 2 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 INVESTMENT EARNINGS INTEREST 27,074 GAIN ON SALE OF INVESTMENTS 2,922 TOTAL INVESTMENT EARNINGS 29,996 MISCELLANEOUS REIMBURSEMENTS/RECOVERIES 147,219 SA LE OF EQUIPMENT 17,384 MISCELLANEOUS 52,900 BOARDS & COMM CONTRIBUTIONS 6,950 SISTER CITY CONTRIBUTION 18,220 A/ R PROCESSING REVENUE (526) HE PARK DISTRICT CONTRIBUTIONS 4,500 ANNEXATION FEES UNV PLACE 1,424 CELEBRATIONS COMM. CONTR. 138 VETERAN'S MEMORIAL CONTRIBUTION 890 ARTS COMMISSION CONTRIBUTION 1,435 TERMINAL RESERVE 704,868 MISCELLANEOUS BENEFIT FUND RESERVE 499,992 ENERNOC ELECTR ICITY CREDIT 13,823 DUI REIMBURSEMENT 27,408 MISCELLANEOUS REVENUE-MUNICIPAL WASTE 98,197 MUNICIPAL WASTE REIMBURSEMENTS/ RECOVERIES 3,092 PLATZKONZERT 13,425 CONSTRUCTION ROLL OFFS 41,204 TOTAL MISCELLANEOUS 1,652,542 TRANSFERS TRANSFER FROM 2009 CAP PROJ 3,920 TRANSFER FROM INSURANCE 300,000 TOTAL TRANSFERS 303,920 TOTALGENERALFUND 60,965,508 SEARS EDA GENERAL ACCOUNT FUND PROPERTY TAXES 12,220,894 TOTAL SEARS EDA GENERAL ACCOUNT FUND 12,220,894 Page 3 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 SPECIAL REVENUE FUNDS: MOTOR FUEL TAX FUND INTERGOVERNMENTAL MFT ALLOTMENT 1,268,698 MFT SUPPLEMENTAL ALLOTMENT 37,818 TOTAL INTERGOVERNMENTAL 1,306,516 INTEREST 1,526 TOTAL MOTOR FUEL TAX FUND 1,308,042 COMMUNITY DEVELOPMENT BLOCK GRANT FUND GRANTS 301,266 TOTAL COMMUNITY DEVELOPMENT BLOCK GRANT FUND 301,266 ASSET SEIZURE FUND FINES AND FORFEITS FEDERAL SEIZURE 235,145 TOTAL FINES AN D FORFEITS 235,145 INTEREST- STATE 207 SALE OF EQUIPMENT 2,051 TOTAL ASSET SEIZURE FUND 237,403 EDA ADMINISTRATION FUND INTEREST 2,389 TRANSFER FROM OS EDA TIF 35,429 TOTAL EDA ADMINISTRATION FUND 37,818 EMERGENCY 911 FUND E-911 SURCHARGE 21,233 INTEREST 177 TOTAL EMERGENCY 911 FUND 21,410 ROSELLE ROAD TIF FUND REIMBURSEMENTS/RECOVER IES 3,234 Page4 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 PROPERTY TAXES (7J50) INTE REST 1,840 TOTAL ROSELLE ROAD TIF FUND (2,676) HIGGINS/HASSELL TIF FUND PROPERTY TAXES 1,975 TOTAL HIGGINS/HASSELL TIF FUND 1,975 TOTAL SPECIAL REVENUE FUNDS 1,905,238 DEBT SERVICE FUNDS: 2005 EDA TIF REFUNDING BOND FUND INTEREST 85 TOTAL 2005 EDA TIF REFUNDING BOND FUND 85 2008 G.O. DEBT SERVICE BOND FUND OPERATING TRANSFER FROM GENERAL 999,188 TOTAL OPERATING TRANSFERS IN 999,188 TOTAL 2008 G.O. DEBT SERVICE BOND FUND 999,188 2009 G.O. DEBT SERVICE BOND FUND PROPERTY TAX 1,547,868 PROPERTY TAXES, PRIOR 19,997 FOOD & BEVERAGE TAX 530,200 TOWING FEE REVENUES 305,930 INTEREST 1,729 OPERATING TRANSFER FROM GENERAL 134,000 TOTAL 2009A G.O. DEBT SERVICE BOND FUND 2,539,724 TOTAL DEBT SERVICE FUNDS 3,538,997 Page 5 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 CAPITAL PROJECTS FUNDS: CENTRAL ROAD CORRIDOR IMPROVEMENT FUND INTEREST 740 TOTAL CENTRAL ROAD CORRIDOR IMPROVEMENT FUND 740 TRAFFIC IMPROVEMENT FUND REIMBURSE/RECOVERIES 10,810 INTEREST 750 TOTAL TRAFFIC IMPROVEMENT FUND 11,560 EDA SERIES 1991 PROJECT FUND NOTE PROCEEDS 26,042,563 SANITARY SEWER RECAPTURE 174,242 NW TOLLWAY INTERCHGE RECAP 333,041 INTEREST 5,651 TOTAL EDA SERIES 1991 PROJECT FUND 26,555,497 WESTERN AREA TRAFFIC IMPROVEMENT FUND RE IM BURSE/RECOVER IES 16,989 INTEREST 193 TOTAL WESTERN AREA TRAFFIC IMPROVEMENT FUND 17,182 CAPITAL IMPROVEMENTS FUND MUNICPAL GAS USE TAX 1,179,418 PACKAGED LIQUOR TAX 317,575 INTEREST 1,058 REIMBURSEMENT/RECOVERIES 262,169 OPERATING TRANSFERS IN TRANSFER FROM 91 EDA PROJE CT 182 TRANSFER FROM GEN ERAL FUND 52,453 TRANSFER FROM MFT FUND 60,000 TRANSFER FROM WATERWORKS & SEWERAGE FU ND 66,305 TOTAL OPERATING TRANSFERS IN 178,940 TOTAL CAPITAL IMPROVEMENTS FUND 1,939,160 Page 6 VILLAGE OF HOFFMAN ESTATES SECTION 2: SCHEDULE OF CASH RECEIPTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015 WESTERN AREA ROAD IMPROVEMENT IMPACT FEE FUND INTEREST 200 TOTAL WESTERN AREA ROAD IMPROVEMENT IMPACT FEE FUND 200 CAPITAL VEHICLE & EQUIPMENT FUND REIMBURSEMENTS/RECOVERIES 5,187 INTEREST 73 OPERATING TRANSFERS IN TRANSFER FROM GENERAL FUND 416,115 TRANSFER FROM ASSET SE IZURE FUND 69,880 TRANSFER FROM CAPITAL IMPROV FUND 57,000 TRANSFER FROM CAPITAL REPLACEMENT FUND 39,740 TRANSFER FROM WATERWORKS & SEWERAGE FUND 16,800 TOTAL OPERATING TRANSFERS IN 599,535 TOTAL CAPITAL VEHICLE & EQUIPMENT FUND