Budget and Financial Information

Elmhurst Park District Budget

The Elmhurst Park District Board of Park Commissioners approved the 2020 Budget Document and 2020 Budget and Appropriation Ordinance at its December 9, 2019 meeting.  At the October 28, 2019 Park Board meeting, staff presented an overview of the proposed 2020 Proposed Capital and Debt Budget. A Public Hearing was held November 25, 2019 to hear public comment on the tentative FY 2020 Budget and Approporation Ordinance. Click to view the 2020 Budget Document and the Presentation of the 2020 Budget.
 

Comprehensive Annual Financial Report (CAFR)

The Board accepted and approved the Elmhurst Park District Comprehensive Annual Financial Report (CAFR) for the year ending December 31, 2019 at its June 22, 2020 Board meeting. The report was presented to the Board by the District's independent auditing firm, Lauterbach & Amen. The District was awarded the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for the 2018 CAFR. It is the twelfth consecutive year that the District has received this recognition from GFOA.

Illinois Open Meetings Act Compensation Disclosure Package

The District must disclose certain total employee compensation package as required by the Illinois Open Meetings Act (5 ILCS 120).  The Act requires that (a) within six business days after a budget has been approved, Illinois Municipal Retirement Fund employers must post the total compensation package for each employee exceeding $75,000 per year and (b) at least six days before approving a total compensation package in excess of $150,000 per year.  Total compensation package is considered to be salary, employer portion of health insurance (medical, dental, and vision), vehicle allowance, gasoline usage (prior year actual usage will be used as an estimate), housing allowance, loans, bonus, clothing allowance.  The number of vacation or sick days to be granted or accrued during the next twelve months will be stated as well.  Click on the link below to view the District's Open Meetings Act Compensation Disclosure Package.