Finance

District meets 2017 budget expectations

The Board accepted and approved the Elmhurst Park District Comprehensive Annual Financial Report (CAFR) for the year ending December 31, 2017 at its June 11, 2018 board meeting. The report was presented to the Board by the District's independent auditing firm, Lauterbach & Amen.

The financial statements report that the District continues to maintain a sound financial condition, reporting total net assets of $45.1 million. This is an increase of $1,655,520 from the prior year.

For Tenth Consecutive Year, Elmhurst Park District Earns Certificate of Achievement for Excellence in Financial Reporting

The Elmhurst Park District has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report (CAFR).  The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and this is the tenth consecutive year the Park District has been recognized. 

District Meets 2016 Budget Expectations

At the June 12 Park Board meeting, the financial audit for the fiscal year ending December 31, 2016 was approved. The financial activity is presented in conformance with generally accepted accounting principles and has been audited in accordance by Lauterbach & Amen, LLP. The Elmhurst Park District continues to maintain sound financial position with $43.4 million in total assets at the end of 2016. Further details of the District’s net position and statements of activity can be found in the 2016 Comprehensive Financial Report.

Flooring Matters

In the third phase of flooring replacement at Courts Plus, the Park Board approved a total project cost of $52,779 to replace flooring in the upper and lower level hallways and offices and to install vinyl VLVT flooring in the upper level tennis viewing area, racquetball, offices, hallway and conference rooms. 

Final Elmhurst Park District 2015 Budget

The Elmhurst Park District Board of Park Commissioners approved the 2015 Budget document and 2015 Budget & Appropriation Ordinance at its December 10, 2014 meeting.  At the November 5, 2014 Park Board meeting, staff presented an overview of the 2015 Proposed Budget.  At the November 19, 2014 Board meeting, the Board continued to discuss and held a public hearing on the 2015 Proposed Budget.  Click here to view the final 2015 Budget and 2