OAK PARK TOWNSHIP, ILLINOIS COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Year Ended March 31, 2011

Prepared by: Gavin Morgan Andy Williams

OAK PARK TOWNSHIP, ILLINOIS TABLE OF CONTENTS

Page(s) INTRODUCTORY SECTION Principal Officials .............................................................................................................

i

Organizational Chart .........................................................................................................

ii

Functional Organization Chart ..........................................................................................

iii

Certificate of Achievement for Excellence in Financial Reporting ..................................

iv

Transmittal Letter..............................................................................................................

v-x

FINANCIAL SECTION INDEPENDENT AUDITOR’S REPORT ........................................................................

1-2

GENERAL PURPOSE EXTERNAL FINANCIAL STATEMENTS Management’s Discussion and Analysis .................................................................. MD&A 1-11 Basic Financial Statements Government-Wide Financial Statements Statement of Net Assets......................................................................................

3

Statement of Activities .......................................................................................

4

Fund Financial Statements Balance Sheet .....................................................................................................

5

Reconciliation of Fund Balances of Governmental Funds to the Governmental Activities in the Statement of Net Assets .................................

6

Statement of Revenues, Expenditures and Changes in Fund Balances ..............

7

Reconciliation of the Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balances to the Governmental Activities in the Statement of Activities ...........................................................

8

Notes to Financial Statements .................................................................................

9-24

OAK PARK TOWNSHIP, ILLINOIS TABLE OF CONTENTS (Continued)

Page(s) FINANCIAL SECTION (Continued) GENERAL PURPOSE EXTERNAL FINANCIAL STATEMENTS (Continued) Required Supplementary Information Schedule of Revenues, Expenditures and Changes in Fund Balance Budget and Actual General (Town) Fund ......................................................................................... General Assistance Fund .................................................................................... Community Mental Health Fund ........................................................................ Illinois Municipal Retirement Fund Schedule of Funding Progress ............................................................................ Schedule of Employer Contributions ................................................................. Other Postemployment Benefit Plan Schedule of Funding Progress ............................................................................ Schedule of Employer Contributions ................................................................. Notes to Required Supplementary Information .......................................................

25 26 27 28 29 30 31 32

COMBINING AND INDIVIDUAL FUND FINANCIAL STATEMENTS AND SCHEDULES MAJOR GOVERNMENTAL FUNDS General (Town) Fund Schedule of Revenues - Budget and Actual ............................................................ Schedule of Expenditures - Budget and Actual ....................................................... General Assistance Fund Schedule of Revenues - Budget and Actual ............................................................ Schedule of Expenditures - Budget and Actual ....................................................... Community Mental Health Fund Schedule of Revenues - Budget and Actual ............................................................ Schedule of Expenditures - Budget and Actual .......................................................

33 34-49 50 51-52 53 54-57

STATISTICAL SECTION Financial Trends Net Assets by Component ............................................................................................ Changes in Net Assets .................................................................................................. Fund Balances of Governmental Funds ....................................................................... Changes in Fund Balances of Governmental Funds ....................................................

58 59-60 61 62

OAK PARK TOWNSHIP, ILLINOIS TABLE OF CONTENTS (Continued)

Page(s) STATISTICAL SECTION (Continued) Revenue Capacity Assessed Value and Actual Value of Taxable Property ............................................... Property Tax Rates - Direct and Overlapping Governments ....................................... Property Tax Levies and Collections ........................................................................... Principal Property Taxpayers .......................................................................................

63 64 65 66

Debt Capacity Direct and Overlapping Governmental Activities Debt ............................................... Legal Debt Margin .......................................................................................................

67 68

Demographic Economic Information Demographic and Economic Information .................................................................... Principal Employers .....................................................................................................

69 70

Operating Income Full-Time Equivalent Employees................................................................................. Operating Indicators ..................................................................................................... Capital Assets Statistics ...............................................................................................

71 72-73 74

INTRODUCTORY SECTION

OAK PARK TOWNSHIP Incorporated 1903 Township Form of Government

Officers and Officials Elected: Supervisor F. David Boulanger Clerk Gregory P. White Assessor Ali ElSaffar Collector James J. Taglia Trustees Lee Callaway Eric Davis Clarmarie I. Keenan Dorothy M. Reid Appointed: Gavin Morgan - Township Manager Andy Williams - Business Manager John FS Williams - Director, Youth Services Desiree M. Scully - Director, Senior Services Lisa DeNunzio-DeVivo - Executive Director, Community Mental Health Board

-i-

ORGANIZATIONAL CHART ELECTED OFFICIALS AND APPOINTED BOARD AND COMMITTEES

Oak Park Township Electorate

Township Board Collector

Clerk

Elected by the voters to operate as authorized by State Statutes

Supervisor

Four Trustees

CEO Supervisor of GA Chair of Board Treasurer

Audit Township Bills Annual Budget & Levy Approval

Assessor

Community Mental Health Board

Youth Services Committee

Senior Services Committee

Appointed by the Supervisor with advice and consent of the Trustees

Appointed by the Trustees

Appointed by the Trustees

Serves as Citizen Advisory Committee for the prevention of juvenile delinquency

Serves as Citizens Advisory Committee for programs and services for senior citizens

Administers CMH services and grants as authorized by the Community Mental Health Act

- ii -

FUNCTIONAL ORGANIZATION CHART

*

Advisory Committees to the Township Board

- iii -

The Township Board is comprised of four Trustees and the Supervisor. The entire board is elected every four years on a non-partisan basis. The Township Board is the policymaking body of Oak Park Township. In 1998 The Township Board hired a professional public administrator to oversee implementation of Board directives and operations. Since the initial hiring in 1998, the role of Township Administrator has taken on increasing managerial responsibilities. In 2001 the title was changed to Township Manager to reflect the shift in responsibilities. The Township Assessor, Clerk and Collector are also elected to four year terms, but are not voting members of the Township Board. Oak Park Township has grown over the years and currently serves a population of over 52,000. The Township began providing financial relief to needy area residents in 1936 through locally administered welfare (General Assistance). In addition to General Assistance, the Township funds and administers many programs for area youth and seniors. Oak Park Township Youth Services and Senior Services were established in the late 1960's. The Township also provides funding to various mental health agencies through its Community Mental Health Board, which was formed in 1973. The Township Board is required to adopt a final budget by no later than the end of the first quarter of the fiscal year. The annual budget serves as the foundation for Oak Park Township financial planning and control. Community Profile and Local Economy Oak Park is located in Cook County, in the Chicago metro area. The landmass of the community is 4.5 square miles. The eastern border of Oak Park is contiguous with a portion of the western border of the City of Chicago. Oak Park is approximately 9 miles from downtown Chicago. There are two public rail systems and one major expressway system that connect Oak Park to downtown Chicago and the greater Cook County area. There are two major airports within 10 miles of Oak Park. The accessible transportation systems make Oak Park an attractive residential community. Although primarily a residential community, there are a number of small manufacturing, retail, finance, insurance and scientific and technical businesses in the community. The median age of the population is 38 years old with 25% under 18 years old and 10% over 65 years old. The racial profile of the community is 71% white, 21% black and 8% other races (Source: 2005-2009 American Community Survey 5-year Estimates, U.S. Census Bureau). Home sales average $446,493 with a median sale value of $385,950 with 626 units sold. Condominium sales average $188,112 with a median sale value of $172,000 with 450 units sold. Townhome sales average $328,477 with a median sale value of $339,900 with 70 units sold. Rental property ranges from $575 for a studio to $2200 for home rentals (Source: 2004 data from the Village of Oak Park website). Based on a 2005-2009 5-year Census Bureau estimate, Oak Park’s median household income of $72,435 is above the national average of $51,425.

- vi -

Long Term Financial Planning With a focus on the future, the Township Board routinely updates and monitors its strategic plan. The strategic plan outlines the board’s mission and goals. A crucial component of the board’s plan ensures that resources are available to meet desired service levels for operating programs in future years. The Township has been fortunate to receive property tax and intergovernmental revenues that have been stable from year to year. Aside from ongoing programs, long-term initiatives which benefit from setting aside additional dollars each year as committed or assigned fund balance are contained within the strategic plan. These long-term initiatives consist primarily of capital projects. Long-term projections of revenues, expenditures, and fund balances are periodically monitored to ensure that resources will be available for the implementation of future, non-recurring projects. Fund balance is the primary means by which major projects are completed. Fund balance also allows the Township to set aside resources to plan for contingencies. Fund balances are classified based on the extent to which the Township is bound to honor constraints on the specific purposes for which the amounts in each fund can be spent. There are five classifications of fund balance: 1) Nonspendable – portion of net resources that cannot be spent either because of their form or because they must be maintained intact. 2) Restricted – Externally enforceable limitations on use imposed by creditors, grantors, contributors, or laws and regulations of other governments 3) Committed – Limitation imposed at the highest level of decision making that requires formal action at the same level to remove. 4) Assigned – Intended use established either at the highest level of decision making or by a body or official designated for that purpose. 5) Unassigned – Total fund balance in the Town (General) Fund in excess of nonspendable, restricted, committed, and assigned fund balances (i.e., surplus) A committed or assigned fund balance is generally earmarked for a particular purpose and, therefore, is used as a future financial resource to meet needs such as capital improvements. An unassigned fund balance in the Town (General) Fund represents expendable available financial resources that have not been earmarked and may be used during the fiscal year for expenditures such as working capital, major emergency expenditures or revenue shortfalls. Good public policy requires that the Township have a plan for any reserve funds in excess of the fund balance policy The Township Board’s goal, as outlined in its Fund Balance Policy, is to set levels of unassigned fund balances for the Town and total fund balance for the General Assistance Funds at four to six months of operating expenditures. Unassigned fund balance in the Town Fund as of March 31, 2011 was $1,956,915, which is slightly higher than six months of budgeted operating expenditures for FY 11. Total fund balance in the General Assistance Fund as of March 31, 2011 was $465,152, which is slightly over 11 months of FY 11 budgeted operating expenditures.

- vii -

General Assistance, a locally administered welfare program, experienced a significant fluctuation in the number of active cases over the past five years. From FY 07 to FY 08, there was a 34% decrease in expenditures for welfare payments. Payments then declined in FY 09 by another 15%. From FY09 to FY11, welfare payments experienced a two-year 110% increase. The significant increase in demand from FY 09 to FY 11 is attributed to a number of factors that were readily identifiable such as new literature mailed to residential households educating residents about the General Assistance Program and implementation of less restrictive residency requirements for General Assistance clients. Increases and decreases in demand will be closely monitored and will be a factor in long term planning for the program. Community Mental Health Board policy determines the level of fund balance in the Community Mental Health Fund. Fund balance in the Community Mental Health Fund as of March 31, 2011 was $1,162,133, which is slightly more than 7 months of budgeted operating expenditures for FY 11. The policy goal is to maintain fund balance equal to at least 6 to 8 months of budgeted operating expenditures. Staff prepares three and five-year revenue and expenditure projections that guide the Board in developing short and long-range financial plans. The short and long range plans will be used during the FY 12 planning phase so that the Township Board can continue to consider future needs of the Township and develop a plan for managing fund balances. Major Initiatives In FY11, Oak Park and River Forest taxing units raised questions about the funding distribution and mission for the Youth Interventionist Program. In response, Oak Park Township conducted a review of the program, which is financially supported by these taxing units. This review resulted in an amendment to the current two-year agreement including revisions to the shared funding formula and the communications plan for program operations and outcomes. The amendment is effective for July 1, 2011 through June 30, 2012. A comprehensive space analysis conducted in FY 03 concluded that the current location of the Senior Services Department, within a privately owned senior living facility, was too small and provided poor access for the public. The Transportation Program occupies a small office on the ground floor that does not provide a waiting area for clients or adequate space for staff. The meal program is located on the 5th floor, which is accessed by a small, slow hydraulic-lift elevator. The elevator is inadequate for staff and patron access and is not compliant with Americans with Disabilities Act (ADA) standards. Finally, the remainder of the Senior Services programs and office space is located on the 6th floor. The space is too small and not configured appropriately to accommodate staff and clients. The Township Board determined that improvements to the current space or an alternate space would be needed to provide more effective services to seniors in the community.

- viii -

To have the financial resources needed for acquisition and/or renovation of a Senior Services facility, the Township Board added to fund balance assigned for capital improvement each year over ten years. The purchase, lease, and/or renovation of a new Senior Services facility was planned for and budgeted in FY 11. The funds were to be used to either find an alternative location for Senior Services or for remodeling at the current site. After a broad search for suitable properties, the Township Board approved a contract to purchase a building at 126-130 S. Oak Park Avenue. The Township, per state statute, was required to hold a public meeting to seek approval from registered voters in Oak Park Township. The meeting was held on March 2, 2011. At this meeting, presentations were made, comments from residents were taken, and registered voters of the Township approved the building purchase. In FY12, Oak Park Township plans to renovate the building and move the Senior Services department to this new location in early FY13. The Township Board established an assigned fund balance of $750,000 for this capital project. The Township Board has also assigned $80,000 of the fund balance in the Town fund for vehicle replacement. The Township operates a transportation program for seniors and disabled citizens. Of the four buses used by the program, three are owned by PACE and one is owned by the Township. The Township-owned bus is scheduled for replacement in FY12. Awards and Acknowledgements The Township’s FY 11 budget received the Distinguished Budget Presentation Award from the Government Finance Officers Association “GFOA”. GFOA is the professional association of government finance officers in the United States and Canada that sets standards for local government practices. Submissions for the award are evaluated on whether the budget is an effective policy document, financial plan, operations manual, and communications guide. It is the highest form of recognition in governmental budgeting and represents a significant achievement by the Township. In addition, the Township received its fourth Certificate of Achievement for Excellence in Financial Reporting for its comprehensive annual financial report for the year ending March 31, 2010. It is anticipated that future CAFRs will receive the award. The preparation of this report would not have been possible without the efficient and dedicated service of Township staff. Credit is also given to the Township Supervisor and Township Board of Trustees for their support for maintaining the highest standards of professionalism in the management of the Township’s finances.

- ix -

FINANCIAL SECTION

GENERAL PURPOSE EXTERNAL FINANCIAL STATEMENTS

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS March 31, 2011 Oak Park Township (the “Township”) discussion and analysis is designed to (1) assist the reader in focusing on significant financial issues, (2) provide an overview of the Township’s financial activity, (3) identify changes in the Township’s financial position (its ability to address subsequent year challenges), (4) identify any material deviations from the financial plan (the approved budget), and (5) identify individual fund issues or concerns. Since the Management’s Discussion and Analysis (MD&A) is designed to focus on the current year’s activities, resulting changes and currently known facts, please read it in conjunction with the Transmittal Letter (beginning on page v) and the Township’s financial statements (beginning on page 3). USING THE FINANCIAL SECTION OF THIS COMPREHENSIVE ANNUAL REPORT The Comprehensive Annual Financial Report (CAFR) presents two types of financial statements, each representing a different view of the Township’s finances. The focus of the financial statements is on both the Township as a whole (government-wide) and on the major individual funds. Together these financial statements allow the user to address relevant questions, provide a broader basis for comparison (year to year or government to government) and enhance the level of the Township’s accountability. Government-Wide Financial Statements The government-wide financial statements (see pages 3-4) are designed to be corporate-like in that governmental activities are consolidated into columns that add to a total for the Primary Government. The focus of the Statement of Net Assets (the “Unrestricted Net Assets”) is designed to be similar to bottom line results for the Township. This statement combines and consolidates governmental funds’ current financial resources (short-term spendable resources) with capital assets and long term obligations using the accrual basis of accounting and economic resources measurement focus. The Statement of Activities (see page 4) is focused on both the gross and net cost of various activities that are supported by the Township’s general tax revenue and other resources. This statement is intended to summarize and simplify the user’s analysis of the cost of various government services. The Governmental Activities reflect the Township’s basic services; general government, youth services, senior services, general assistance (locally administered welfare) and community mental health. Property taxes finance the majority of these activities. The Township does not have any business-type operations.

MD&A 1

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS Fund Financial Statements Traditional users of governmental financial statements will find the Fund Financial Statements presentation more familiar. The focus is on Major Funds, rather than fund types. The Governmental Major Fund (see pages 5-8) presentation is presented on a sources and uses of liquid resources basis. This is the manner in which the financial plan (the budget) is typically developed. The flow and availability of liquid resources is a clear and appropriate focus of any analysis of a government. Funds are established for various purposes and the Fund Financial Statement allows the demonstration of sources and uses or budgeting compliance associated therewith. Notes to the Financial Statements The notes provide additional information that is essential to a full understanding of the data provided in the Government-Wide and Fund Financial Statements. The notes to the Financial Statements can be found on pages 9-24. Other Information In addition to the basic financial statements and accompanying notes, this report presents certain required supplementary information including the major governmental fund budgetary schedules and data concerning the Township’s progress in funding its obligation to provide pension and other post-employment benefits to its employees. Required supplementary information can be found on pages 25-32 of this report. The combined and individual fund statements for non-major governmental funds are presented on pages 33-57 of this report. Capital Assets The Township is primarily a social service agency providing social services to youth, seniors, those in financial need, and residents with mental and developmental disabilities. As such, the Township also offers a variety of local government services such as voter registration, mass transit reduced fare cards, and handicapped parking placards. In addition, although the Cook County Assessor determines the assessed value of real estate, the Oak Park Township Assessor provides a number of services to assist property owners. Given the nature of services the Township provides on behalf of Oak Park residents, it does not own infrastructure assets such as roads, bridges or storm sewers. Nonetheless, the Township does own a variety of capital assets. Generally Accepted Accounting Principles require that capital assets be valued and reported within the Governmental column of the Government-Wide Statements. Additionally, the government must elect to either (1) depreciate these assets over their estimated useful lives or (2) develop a system of asset management designed to maintain the service delivery potential to near perpetuity (the modified approach). The Township has chosen to depreciate assets over their useful lives.

MD&A 2

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS

GOVERNMENT-WIDE STATEMENT Statement of Net Assets The Township’s total net assets were $5,504,758 on March 31, 2011. This amount represents an increase of $260,347, which factors in capital assets and long-term liabilities. The Township’s unrestricted net assets for governmental activities, the part of net assets that can be used to finance day-to-day operations that meet all aspects of the Township’s mission, were $2,780,523. Table 1 reflects the Statement of Net Assets. Table 1 Statement of Net Assets March 31, 2010 and 2011 2010 ASSETS Cash Investments Accounts and Grants Receivable Accrued Interest Receivable Property Tax Receivable Prepaid Expenses Capital Assets Not Being Depreciated Depreciated, Net of Accumulated Depreciation Total Assets LIABILITIES Accounts Payable Due to Others Deferred Revenue Non-current Liabilities Due within one year Due in More Than One Year Total Liabilities

2011

6,633,248 319,769 23,225 2,065,458 2,120

5,196,945 414,535 4,307 3,094,651 10,754

63,500 341,845

170,000 927,200

9,449,165

9,818,392

156,071 7,995 3,941,417

180,789 6,706 4,033,993

19,043 80,228

16,780 75,366

4,204,754

4,313,634

NET ASSETS Invested in Capital Assets Restricted for Retirement General Assistance Community Mental Health Unrestricted

405,345

1,097,200

3,378 520,161 1,070,719 3,244,808

465,152 1,161,883 2,780,523

TOTAL NET ASSETS

5,244,411

5,504,758

MD&A 3

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS Normal Impacts There are three basic (normal) transactions that will affect the comparability of the Township’s Statement of Net Assets summary presentation. Net Results of Activities - which will impact (increase/decrease) current assets and unrestricted net assets. Spending of Non-borrowed Current Assets on New Capital - which will (a) reduce current assets and increase capital assets and (b) will reduce unrestricted net assets and increase invested in capital assets, net of debt. Reduction of Capital Assets through Depreciation - which will reduce capital assets and invested in capital assets, net of debt. Table 2 focuses on the changes in net assets of the governmental activities. Table 2 Changes in Net Assets For the Fiscal Year Ended March 31, 2010 and 2011 2010 REVENUES Program Revenues Charges for Services Operating Grants General Revenues Property Taxes Personal Property Replacement Tax Tax Increment Financing Investment Income Miscellaneous

2011

458,737 995,100

439,240 987,244

3,784,099 102,081 50,406 34,542 573

3,847,104 107,506 178,638 16,889 859

Total Revenues

5,425,538

5,577,480

EXPENSES General Government Senior Services Youth Services General Assistance Community Mental Health

771,746 1,905,111 610,953 386,534 1,692,070

791,863 1,900,809 638,602 517,102 1,468,757

Total Expenses

5,366,414

5,317,133

59,124

260,347

CHANGES IN NET ASSETS For more detailed information see the Statement of Activities (page 4).

MD&A 4

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS

2011 Total Government Revenue Invest Inc 0.30%

PPR Tax 1.93% Tax Incr Financing 3.20%

Misc 0.02%

Charges for Services 7.88% Operating Grants 17.70%

Property Taxes 68.98%

2011 Total Government Expenses Community Mental Health 27.62% General Assistance 9.73%

General Government 14.89%

Youth Services 12.01%

Senior Services 35.75%

Normal Impacts There are six basic impacts on revenues and expenses as reflected below. Revenues: Increase in Township property tax levy – Chapter 60 of the Illinois Statutes (60 ILCS 1/80-40) gives the Township authority to levy taxes on taxable property within the Township in order to raise funds to defray expenses. Property taxes are a significant source of revenue for the Township. In 1995, however, the Illinois Legislature limited the Township’s ability to levy property taxes by passing the Property Tax Extension Limitation Law (35 ILCS 200/18-185 et seq.) (PTELL). PTELL limits the increase in property tax that the Township may levy. The increase is limited to 5% or the percentage increase in the Consumer Price Index during the 12month calendar year preceding the levy year whichever is less. A higher property tax may be levied if the community experiences new construction, mergers, or consolidations or voters approve a higher tax rate by referendum. MD&A 5

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS Changing Patterns in Intergovernmental and Grant Revenue (both recurring and nonrecurring) – Certain recurring revenues (revenue from intergovernmental agreements or state and federal agencies) may experience significant changes periodically while non-recurring (or one-time) grants are less predictable and often distort the impact on year-to-year comparisons. Market Impacts on Investment Income – the Township’s investments are managed using a shorter maturity than many governments, which may result in lower interest income due to the market stability of shorter-term options. Expenses: Increase in Authorized Personnel – Changes in service demand may cause the Township Board to increase or decrease the budget for personnel. Staffing costs (salary and related benefits) represent 51% of the Township’s FY 11 operating costs. Salary Increases (annual adjustments and merit) – The Township strives to achieve a competitive salary range position in the marketplace in order to attract and retain the highest quality human and intellectual resources. Inflation – While overall inflation appears to be reasonably modest, the Township is a major consumer of certain commodities such as supplies, fuels and parts. Some functions may experience unusual commodity-specific increases. Current Year Impacts Governmental Activities Revenue: For the fiscal year ended March 31, 2011, revenues from government activities totaled $5,577,480. The revenue category Taxes is divided into three subcategories: property taxes, personal property replacement tax (PPR Tax) and Tax Increment Financing (TIF) District distributions. Property taxes continue to be the Township’s largest revenue source, coming in at $3,847,104. This represents 69% of total governmental activity revenue. Personal property replacement tax is a tax payment in accordance with 30 ILCS 115/12, which provides replacement revenues to all local taxing units that originally levied a tax on personal property. Tax Increment Financing (TIF) Districts permit municipalities to finance the redevelopment of blighted areas and the economic development of rapidly developing areas. The tax increment is the property tax revenues collected on the increased assessed valuation of property in the area to be redeveloped or developed. The Village of Oak Park can declare a surplus in the TIF District, and distribute the surplus to all local taxing bodies. The Township currently receives distributions from the Village of Oak Park Madison Street and Downtown TIF districts. In FY 11, $178,638 in TIF revenues were distributed to the Township. Personal property replacement taxes represent the remaining $107,506 of tax revenue collected during FY 2011. The other major revenue source for the Township is intergovernmental revenue. Intergovernmental revenue is comprised of two subcategories: local and state/federal. Local funding comes from the Township contracting with other units of local government such as the villages, schools, libraries and park districts of Oak Park and River Forest to provide programs MD&A 6

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS and services to the residents of Oak Park and River Forest. Local revenues were $421,786. State and Federal funds are received from a variety of agencies such as Age Options, Illinois Department on Aging, Illinois Department of Human Services and the Social Security Administration. State and federal revenues were $880,754. Expenses: For the fiscal year ending March 31, 2011, the overall governmental activity expenses decreased from $5,366,414 to $5,317,133. The cost of providing employee benefits continues to increase. Health insurance premiums increased approximately 5% when health insurance policies renewed in January 2011. Prior to January 1, 2010, the Township paid from 94% to 100% of the cost of the insurance premiums for employees and their dependents. The amount that the Township paid depended on the salary of the employee. A higher portion of the premium was paid for lower paid employees. Beginning in calendar year 2010, the Township Board approved a four-year transition plan to decrease the employer portion of health insurance premium benchmarked to an average amount in the employer marketplace. The employer portion of premium paid will decrease from 94%-100% to 85% and will no longer be linked to salaries by the year 2013. The plan was designed to be reasonable from a taxpayer’s perspective and fair from an employee’s perspective. In addition to rising health insurance costs, the Township’s pension expenses experienced a 26% increase in the last quarter of FY 10. The full impact of this increase was realized in FY 11. Investment losses in 2008 resulted in higher employer rates for the Illinois Municipal Retirement Fund (IMRF), the Township’s sole pension plan. A stock market recovery in 2009 has prevented pension costs from increasing further such that employer rates are expected to remain level through 2012. The Township understands the importance of providing competitive compensation levels for all employees and is committed to providing a competitive benefits package. FY 2011 expenses included general salary adjustments at an average of 2%.

FINANCIAL ANALYSIS OF THE TOWNSHIP’S FUNDS Governmental Funds For the fiscal year ended March 31, 2011, the governmental funds reflect a combined fund balance of $4,499,704. Of the total fund balance, $10,504 in prepaid expenditures is nonspendable in the Town Fund. Assignments in the Town Fund include $750,000 for Capital Improvement – Senior Facilities, $80,000 for Vehicle Replacement – Senior Services, and $75,000 for Capital Improvement – Sustainability. Restricted fund balances for the General Assistance and Community Mental Health Funds are $465,152 and $1,161,883 respectively. The amount of $1,956,915 for the Town Fund is unassigned indicating that portion which is expendable and not subject to tentative management plans. Current fund balances place the Township in a healthy financial position. Combined fund balance decreased by $438,633 from the prior year. The combined change in fund balance consists of increases and decreases in the Town Fund, General Assistance Fund, and Community Mental Health fund as described in the following paragraphs.

MD&A 7

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS The Town Fund experienced a $471,660 decrease in fund balance primarily due to the planned purchase of a building at a cost of $664,466 to serve as the new Senior Services facility. FY11 general revenues and fund balance accumulated from prior years were used to finance these capital outlay costs. Within the General Assistance Fund, fund balance decreased $58,387. An increase in demand for welfare assistance accounts for the decrease in General Assistance fund balance. See the next section for more discussion regarding the General Assistance program. The Community Mental Health Fund experienced a $91,414 increase in fund balance due to staff restructuring and the conclusion of two nonrecurring projects. An Administrative Manager retired at the end of FY10. This position was not replaced, resulting in salary and fringe benefits cost savings. An assessment of mental health needs in the community and the implementation of a web-based network of care were completed successfully in FY10, reducing expenditures for FY11. Major Governmental Funds The Township reports the three major governmental funds: General (Town) fund, General Assistance Fund and Community Mental Health fund. The General (Town) Fund accounts for the resources traditionally associated with the Township’s operations that are not required legally or by sound financial management to be accounted for in another fund. Expenses for General Government, Youth Services, Senior Services, and Capital Outlay are accounted for through the General (Town) Fund. General Government includes expenses for the Township Board, administration, clerk, assessor, collector, building services, risk management, and other charges (charges not associated with a designated department but benefit all departments within General (Town) fund). The General Assistance Fund provides resources for a locally funded and administered welfare program. Adults actively seeking employment or applying for disability may be eligible for General Assistance. Applicants must meet income and asset guidelines and not be eligible for other government-sponsored assistance. Adults with children typically are not eligible and are referred to the Illinois Department of Human Services. Property taxes are the major revenue source for the General Assistance Fund. The General Assistance Fund has experienced an increase in demand over the past two years. The Township Board has the authority to adjust the amount of property tax levy collected for the General Assistance Fund based on demand changes. The Board will continue to monitor revenue and expenditures to ensure financial stability of the fund. The final major governmental fund is the Community Mental Health Fund, which accounts for the revenues and expenditures needed to finance the Community Mental Health Board expenditures. Unless otherwise restricted, revenue collected through the General (Town) fund may be used to support all Township functions. However, revenue collected through the Community Mental Health fund and the General Assistance Fund are legally restricted to expenditures for the fund for which it was collected. Table 3 highlights the General (Town) Fund Budget for the year FY 2011. MD&A 8

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS

Table 3 General (Town) Fund Budgetary Highlights Original and Final Budget General (Town) Fund REVENUES Taxes Intergovernmental Charges for Services Investment Income Miscellaneous

$

Total Revenues

2,216,496 1,161,219 125,578 24,000 500

Actual

$

3,527,793

EXPENDITURES Current General Government Senior Services Youth Services Capital Outlay

$

Total Expenditures

$

NET CHANGE IN FUND BALANCE

2,240,097 1,221,814 93,185 9,119 859 3,565,074

936,883 1,979,027 769,008 1,281,500

778,935 1,893,253 633,564 730,982

4,966,418

4,036,734 $

(471,660)

Total revenues collected were 1% more than budgeted. Tax receipts were 1% higher than budgeted due to unexpected Tax Increment Financing (TIF) payments related to prior years made from the Village of Oak Park. Intergovernmental grant revenues were 5% greater than budgeted because of additional federal stimulus funds received in the middle of the fiscal year. These funds were used to purchase a home delivered meals truck and kitchen equipment for the Senior Services lunch program. Charges for Services, which includes program income, were under budget primarily due to reduced donations to the Dine Out and Senior Lunch programs. Expenditures for General Government, Senior Services, and Youth Services are lower than budget primarily due to reduced non-personnel costs including travel/training, external contracts, consultation fees, fuel, and utilities. In addition, Capital Outlay was lower than expected because the Township budgeted for renovation of the new Senior Services facility in FY11 but these renovations are now delayed until FY12. Capital Assets Capital assets, which include property, plant and equipment, are reported in the governmental activities column in the government-wide Statement of Net Assets. The Township defines capital MD&A 9

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS assets as either: 1) individual equipment with an initial, individual cost of more than $5,000 and an estimated useful life in excess of one year, or 2) buildings and improvements with an initial, individual cost of more than $10,000 and an estimated useful life in excess of one year. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation. At the end of fiscal year 2011, the Township has a combined total of capital assets of $1,097,200 invested in land, building, improvements, machinery and equipment. Table 4 Capital Assets at Year End

Beginning Balance GOVERNMENTAL ACTIVITIES Capital assets not being depreciated Land Construction in Progress Total capital assets not being depreciated

$

Capital assets being depreciated Buildings and improvements Machinery and equipment Total capital assets being depreciated Less accumulated depreciation for Buildings and Improvements Machinery and equipment Total accumulated depreciation Total capital assets being depreciated, net GOVERNMENTAL ACTIVITIES CAPITAL ASSETS, NET

$

60,000 3,500

Decreases

Increases

110,000 $ -

- $ 3,500

170,000 -

63,500

110,000

3,500

170,000

912,353 203,683

594,176 36,855

31,500

1,506,529 209,038

1,116,036

631,031

31,500

1,715,567

631,608 142,583 774,191

18,500 27,176 45,676

31,500 31,500

650,108 138,259 788,367

341,845

585,355

-

927,200

3,500

$ 1,097,200

405,345

$

Ending Balance

$

695,355

$

Depreciation expense was charged to functions/programs of the primary government as follows: GOVERNMENTAL ACTIVITIES General Government Senior Services Community Mental Health Board TOTAL For more detailed information see Note #4 (page 17). MD&A 10

$

25,936 18,957 783

$

45,676

OAK PARK TOWNSHIP, ILLINOIS MANAGEMENT’S DISCUSSION AND ANALYSIS

Economic Factors The Township’s composition is primarily residential with a smaller commercial component. The property tax revenue derived from the current housing stock is fairly stable. The commercial component includes vehicle sales, and miscellaneous food and other retail. Because the majority of revenue collected by the Township is based on property taxes, short-term fluctuations in the economy do not severely impact the Township’s revenue flow. The 2011 final budget total was $7,334,090 and the operating budget total was $6,046,590. The Township’s ability to increase revenue is limited by the property tax cap and, therefore, the Township’s budget is not likely to increase significantly in the future. The focus of the 2012 budget remains the same as the last couple of years, which is to maintain current service levels.

CONTACTING THE TOWNSHIP’S FINANCIAL MANAGEMENT This financial report is designed to provide citizens, customers and creditors with a general overview of the Township’s finances and to demonstrate the Township’s accountability for the money it receives. Questions concerning this report or requests for additional financial information should be directed to Gavin Morgan, Township Manager, Oak Park Township, 105 South Oak Park Avenue, Oak Park, Illinois 60302.

MD&A 11

OAK PARK TOWNSHIP, ILLINOIS STATEMENT OF NET ASSETS March 31, 2011

Governmental Activities ASSETS Cash and Investments Accounts Receivable Grants Receivable Accrued Interest Receivable Property Tax Receivable Prepaid Expenses Capital Assets Not Being Depreciated Depreciated, Net of Accumulated Depreciation

$

5,196,945 47,711 366,824 4,307 3,094,651 10,754 170,000 927,200

Total Assets

9,818,392

LIABILITIES Accounts Payable Due to Others Unearned Revenue Noncurrent Liabilities Due Within One Year Due in More Than One Year

180,789 6,706 4,033,993 16,780 75,366

Total Liabilities

4,313,634

NET ASSETS Invested in Capital Assets Restricted for General Assistance Community Mental Health Unrestricted TOTAL NET ASSETS

See accompanying notes to financial statements. -3-

1,097,200 465,152 1,161,883 2,780,523 $

5,504,758

OAK PARK TOWNSHIP, ILLINOIS STATEMENT OF ACTIVITIES For the Year Ended March 31, 2011

FUNCTIONS/PROGRAMS PRIMARY GOVERNMENT Governmental Activities General Government Senior Services Youth Services General Assistance Community Mental Health Total Governmental Activities TOTAL PRIMARY GOVERNMENT

Expenses

$

791,863 1,900,809 638,602 517,102 1,468,757

Program Revenues Charges Operating for Services Grants

$

5,317,133 $ 5,317,133

16,734 215,423 207,083 -

$

439,240 $

439,240

875,759 574 110,911

Capital Grants

$

987,244 $

987,244

$

-

Net (Expense) Revenue and Change in Net Assets Governmental Activities

$

-

(3,890,649)

-

(3,890,649)

General Revenues Taxes Property Taxes Personal Property Replacement Tax Tax Increment Financing Investment Income Miscellaneous

3,847,104 107,506 178,638 16,889 859

Total

4,150,996

CHANGE IN NET ASSETS

260,347

NET ASSETS, APRIL 1 NET ASSETS, MARCH 31

See accompanying notes to financial statements. -4-

(775,129) (809,627) (431,519) (516,528) (1,357,846)

5,244,411 $

5,504,758

OAK PARK TOWNSHIP, ILLINOIS BALANCE SHEET GOVERNMENTAL FUNDS March 31, 2011

General (Town)

General Assistance

Community Mental Health

Total

ASSETS Cash and Investments Accounts Receivable Grants Receivable Accrued Interest Receivable Property Tax Receivable Prepaid Expenditures TOTAL ASSETS

$

3,057,484 366,824 2,584 1,676,686 10,504

$

572,665 336,900 -

$

1,566,796 47,711 1,723 1,081,065 250

$

5,196,945 47,711 366,824 4,307 3,094,651 10,754

$

5,114,082

$

909,565

$

2,697,545

$

8,721,192

$

51,075 6,636 2,183,952

$

1,758 70 442,585

$

127,956 1,407,456

$

180,789 6,706 4,033,993

LIABILITIES AND FUND BALANCES LIABILITIES Accounts Payable Due to Others Deferred Revenue Total Liabilities

2,241,663

FUND BALANCES Nonspendable Prepaid Expenditures Restricted for General Assistance Community Mental Health Assigned for Capital Improvement - Senior Facilities Vehicle Replacement - Senior Services Capital Improvement - Sustainability Unassigned

444,413

10,504

-

-

465,152 -

750,000 80,000 75,000 1,956,915

Total Fund Balances

-

2,872,419

TOTAL LIABILITIES AND FUND BALANCES

$

5,114,082

909,565

4,221,488

250

10,754

1,161,883

465,152 1,161,883

-

465,152

$

1,535,412

750,000 80,000 75,000 1,956,915

1,162,133

$

See accompanying notes to financial statements. -5-

2,697,545

4,499,704

$

8,721,192

OAK PARK TOWNSHIP, ILLINOIS RECONCILIATION OF FUND BALANCES OF GOVERNMENTAL FUNDS TO THE GOVERNMENTAL ACTIVITIES IN THE STATEMENT OF NET ASSETS March 31, 2011

FUND BALANCES OF GOVERNMENTAL FUNDS

$

4,499,704

Amounts reported for governmental activities in the statement of net assets are different because: Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the governmental funds

1,097,200

Long-term liabilities, including bonds payable, are not due and payable in the current period and, therefore, are not reported in the governmental funds Compensated absences payable Other postemployment benefit payable NET ASSETS OF GOVERNMENTAL ACTIVITIES

See accompanying notes to financial statements. -6-

(83,901) (8,245) $

5,504,758

OAK PARK TOWNSHIP, ILLINOIS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS For the Year Ended March 31, 2011

General (Town) REVENUES Taxes Intergovernmental Charges for Services Investment Income Miscellaneous

$ 2,240,097 1,221,814 93,185 9,119 859

General Assistance

$

Community Mental Health

Total

452,203 574 1,987 -

$ 1,440,948 110,911 5,783 -

$ 4,133,248 1,333,299 93,185 16,889 859

Total Revenues

3,565,074

454,764

1,557,642

5,577,480

EXPENDITURES Current General Government Senior Services Youth Services General Assistance Community Mental Health Capital Outlay

778,935 1,893,253 633,564 730,982

513,151 -

1,466,228 -

778,935 1,893,253 633,564 513,151 1,466,228 730,982

4,036,734

513,151

1,466,228

6,016,113

Total Expenditures NET CHANGE IN FUND BALANCES FUND BALANCES, APRIL 1 FUND BALANCES, MARCH 31

(471,660)

(58,387)

3,344,079 $ 2,872,419

$

91,414

(438,633)

523,539

1,070,719

4,938,337

465,152

$ 1,162,133

$ 4,499,704

See accompanying notes to financial statements. -7-

OAK PARK TOWNSHIP, ILLINOIS RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES TO THE GOVERNMENTAL ACTIVITIES IN THE STATEMENT OF ACTIVITIES For the Year Ended March 31, 2011

NET CHANGE IN FUND BALANCES TOTAL GOVERNMENTAL FUNDS

$

(438,633)

Amounts reported for governmental activities in the statement of activities are different because: Governmental funds report capital outlays as expenditures; however, they are capitalized and depreciated in the in the statement of activities Capital outlay capitalized

737,532

The change in compensated absences liability is reported as an expense on the statement of activities

11,313

The change in other postemployment benefit payable is reported as an expense on the statement of activities

(4,189)

Some expenses in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds Depreciation of capital assets CHANGE IN NET ASSETS OF GOVERNMENTAL ACTIVITIES

See accompanying notes to financial statements. -8-

(45,676) $

260,347

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS March 31, 2011

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Oak Park Township, Illinois (the Township) operates under the Township Act (60 ILCS) and the Revenue Code (35 ILCS) of the Illinois Compiled Statutes (ILCS). The Township provides the following services as authorized by its charter: youth services, senior and disabled services, mental health services including individual and family counseling, general assistance, property tax related matters and general administrative services. The financial statements of the Township have been prepared in conformity with accounting principles generally accepted in the United States of America, as applied to governmental units (hereinafter referred to as generally accepted accounting principles (GAAP)). The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The more significant of the Township’s accounting policies are described below. a.

Reporting Entity The financial reporting entity consists of the primary government, as well as its component units, which are legally separate organizations for which the elected officials of the primary government are financially accountable. Financial accountability is defined as: 1)

Appointment of a voting majority of the component unit’s board and either a) the ability to impose will by the primary government or b) the possibility that the component unit will provide a financial benefit to, or impose a financial burden on the primary government; or

2)

Fiscal dependency on the primary government.

The Township has a separately elected Board, the power to levy taxes, the authorization to expend funds, the responsibility to designate management, the ability to prepare and modify the annual budget and the authority to issue debt. Therefore, the Township is not included as a component unit of any other entity.

-- 99 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) b.

Basis of Presentation - Fund Accounting The accounts of the Township are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses as appropriate. Government resources are allocated to and accounted for in individual funds based on the purposes for which they are to be spent and the means by which spending activities are controlled. Funds are classified into the following categories: governmental, proprietary and fiduciary. Governmental funds are used to account for all or most of the Township’s general activities, including the collection and disbursement of earmarked monies (special revenue funds), the acquisition or construction of capital assets (capital projects funds) and the servicing of general long-term debt (debt service funds). The general fund is used to account for all activities of the Township not accounted for in some other fund. The Township has no capital projects or debt service funds. The Township has no proprietary or fiduciary funds.

c.

Government-Wide and Fund Financial Statements The government-wide financial statements (i.e., the statement of net assets and the statement of activities) report information on all of the activities of the Township. The effect of material interfund activity has been eliminated from these statements. Interfund services provided and used are not eliminated on these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The statement of activities demonstrates the degree to which the direct expenses of a given function, segment or program are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include (1) charges to customers or applicants who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment and (2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues. Separate financial statements are provided for governmental funds. Major individual governmental funds are reported as separate columns in the fund financial statements.

-- 10 10 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) c.

Government-Wide and Fund Financial Statements (Continued) The Township reports the following major governmental funds: The General (Town) Fund accounts for the resources traditionally associated with the Township’s operations that are not required legally or by sound financial management to be accounted for in another fund. The General Assistance Fund accounts for the resources needed to provide financial assistance to unemployed Oak Park residents or residents applying for Supplemental Security Income (SSI). The Community Mental Health Fund accounts for the revenues and expenditures needed to finance the Community Mental Health Board’s support of services and programs in the areas of mental health, developmental disabilities and alcohol and substance abuse.

d.

Basis of Accounting The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues and additions are recorded when earned and expenses and deductions are recorded when a liability is incurred. Property taxes are recognized as revenues in the year for which they are levied (i.e., intended to finance). Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual (i.e., both measurable and available). “Measurable” means the amount of the transaction can be determined and “available” means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. The Township considers revenues to be available if they are collected within 60 days of the end of the current fiscal year. Expenditures are recorded when the related fund liability is incurred. Charges for services and miscellaneous revenues (except investment earnings) are recorded as revenues when received in cash because they are generally not measurable until actually received. Investment income is susceptible to accrual and is recognized as revenues of the current period since recognition criteria indicated above are met.

-- 11 11 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) d.

Basis of Accounting (Continued) In applying the susceptible to accrual concept to intergovernmental revenues (i.e., federal and state grants), the legal and contractual requirements of the numerous individual programs are used as guidance. There are, however, essentially two types of these revenues. In one, monies must be expended on the specific purpose or project before any amounts will be paid to the Township; therefore, revenues are recognized based upon the expenditures recorded. In the other, monies are virtually unrestricted as to purpose of expenditure and are generally revocable only for failure to comply with prescribed eligibility requirements, such as equal employment opportunity. These resources are reflected as revenues at the time of receipt or earlier if they meet the availability criterion. The Township reports deferred/unearned revenue on its financial statements. Deferred/unearned revenues arise when potential revenue does not meet both the measurable and available or earned criteria for recognition in the current period. Deferred/unearned revenues also arise when resources are received by the Township before it has a legal claim to them or prior to the provision of services, as when grant monies are received prior to the incurrence of qualifying expenditures. In subsequent periods, when both revenue recognition criteria are met, or when the Township has a legal claim to the resources, the liability for deferred/unearned revenue is removed from the financial statements and revenue is recognized.

e.

Cash and Investments The Township’s cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments with maturities of three months or less from the date of acquisition. Investments with a maturity of one year or less when purchased and all nonnegotiable certificates of deposit are stated at cost or amortized cost. Investments with a maturity greater than one year when purchased, if any, are reported at fair value.

f.

Receivables Receivables consist primarily of property taxes, intergovernmental and other miscellaneous amounts due to the Township.

-- 12 12 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) g.

Compensated Absences Vacation time is earned by employees of the Township based on length of employment and employee status. Employees are generally required to use their vacation time with the exception that 80 hours can be carried to the following year. Any unused vacation time is paid to employees upon termination. The Township also allows employees to accumulate compensatory time for later use (subject to a 240-hour maximum). Accumulated unused compensatory time is not paid to employees on termination. The Township allows for carryover of unused sick time, subject to maximum limits. Upon termination employees with more than five years of service receive payment for one-third of all accumulated sick days to a maximum of 30 days pay. Vested or accumulated vacation time and sick leave that is owed to retirees or terminated employees (after it has matured) is reported as an expenditure and a fund liability of the governmental fund that will pay it in the fund financial statements. Vested or accumulated vacation time and sick leave of governmental activities at the government-wide level is recorded as an expense and liability as the benefits accrue to employees.

h.

Capital Assets Capital assets, which include property, plant and equipment are reported in the applicable governmental activities columns in the government-wide financial statements. Capital assets are defined by the Township as assets with an initial, individual cost of more than $5,000 (except for buildings and improvements which is $10,000) and an estimated useful life in excess of one year. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed. Property, plant and equipment is depreciated using the straight-line method over the following estimated useful lives: Assets

Years

Buildings and Improvements Machinery and Equipment

20-40 5-7 -- 13 13 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) i.

Long-Term Obligations In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the governmental activities. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as expenditures.

j.

Fund Balance/Net Assets In the fund financial statements, governmental funds report nonspendable fund balance for amounts that are either not in spendable form or legally or contractually required to be maintained intact. Restrictions of fund balance are reported for amounts constrained by legal restrictions from outside parties for use for a specific purpose, or externally imposed by outside entities. None of the restricted fund balance result from enabling legislation adopted by the Township. Committed fund balance, if any, is constrained by formal actions of the Township’s Board, which is considered the Township’s highest level of decision making authority. Formal actions include resolutions and ordinances approved by the Board. Assigned fund balance represents amounts constrained by the Township’s intent to use them for a specific purpose. The authority to assign fund balance has been delegated to the Township’s manager. Any residual fund balance of the General Fund is reported as unassigned. The Township’s flow of funds assumption prescribes that the funds with the highest level of constraint are expended first. If restricted or unrestricted funds are available for spending, the restricted funds are spent first. The Township has established fund balance policies for their governmental funds. The fund balance of the General Assistance Fund and Community Mental Health Fund is restricted due to the specific tax levy adopted by the Township. In the government-wide financial statements, restricted net assets are legally restricted by outside parties for a specific purpose. Invested in capital assets, net of related debt, represents the book value of capital assets, less any long term debt principal outstanding issued to construct or acquire the capital assets.

-- 14 14 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) k.

Prepaid Items/Expenses Payments made to vendors for services that will benefit periods beyond the date of this report are recorded as prepaid items/espenses.

2.

CASH AND INVESTMENTS a.

Permitted Deposits and Investments Illinois Compiled Statutes (ILCS) and the Township’s investment policy authorizes the Township to make deposits/invest in interest bearing savings accounts, certificates of deposit, and time deposits of any bank as defined by the Illinois Banking Act, obligations of the U.S. Treasury and U.S. agencies, certain short-term corporate obligations, and certain money market mutual funds, including Illinois Funds. Illinois Funds is an investment pool managed by the State of Illinois, Office of the Treasurer, which allows governments within the state to pool their funds for investment purposes. Illinois Funds is not registered with the SEC as an investment company, but does operate in a manner consistent with Rule 2a7 of the Investment Company Act of 1940. Investments in Illinois Funds are valued at Illinois Fund’s share price, the price for which the investment could be sold. It is the policy of the Township to invest its funds in a manner which will provide the highest investment return with the maximum security while meeting the daily cash flow demands of the Township and conforming to all state and local statutes governing the investment of public funds, using the “prudent person” standard for managing the overall portfolio. The primary objectives of the policy are safety (preservation of capital and protection of investment principal), liquidity and yield.

b.

Deposits with Financial Institutions Custodial credit risk for deposits with financial institutions is the risk that in the event of bank failure, the Township’s deposits may not be returned to it. The Township’s investment policy requires pledging of collateral for all nonnegotiable certificates of deposit.

c.

Investments The Township’s investments are invested in the Illinois Funds, which is rated AAA by both Standard & Poor’s and Moody’s, and is in accordance with the Township’s investment policy. The Township has invested greater than 5% of its overall portfolio in the Illinois Funds which is in accordance with the investment policy because no specific limits are set on how much the Township can invest in the Illinois Funds. -- 15 15 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

2.

CASH AND INVESTMENTS (Continued) c.

Investments (Continued) As of March 31, 2011, the Township had the following investment maturities in debt securities: Investment Maturities (in Years) Fair Value

Investment Type

3.

Less Than 1

1-5

More Than 10

6-10

Illinois Funds

$

4,089,758

$

4,089,758

$

-

$

-

$

-

TOTAL

$

4,089,758

$

4,089,758

$

-

$

-

$

-

PROPERTY TAXES The Township’s property tax is levied each calendar year on all taxable real property located in the Township. For governmental funds, property taxes received in the period intended to finance and collected within 60 days subsequent to year end are recorded as revenue. The County Assessor is responsible for assessment of all taxable real property within Cook County (the County), except for certain railroad property which is assessed directly by the state. The County Assessor is responsible for assessment of all taxable real property. Reassessments occur based on market conditions. The County Clerk computes the annual tax for each parcel of real property and prepares tax books used by the County Collector as the basis for issuing tax bills to all taxpayers in the County. Property taxes are collected by the County Collector and are submitted to the County Treasurer, who remits to the units their respective shares of the collections. Taxes levied in one year become due and payable in two installments on or about March 1 and August 1 during the following year. Taxes must be levied by the last Tuesday in December of the levy year and the levy becomes an enforceable lien against the property as of January 1 of the levy year. The 2010 property tax levy is recorded as a receivable at March 31, 2011, net of estimated uncollectibles and amounts collected as of March 31, 2011. Deferred/unearned revenue for the entire 2010 levy has been recorded as of March 31, 2011 as it is intended to finance the subsequent fiscal year. The 2011 tax levy has not been recorded as a receivable at March 31, 2011; the tax has attached as a lien on property as of January 1, 2011; however, the tax will not be levied until December 2011 and, accordingly, is not measurable at March 31, 2011.

-- 16 16 --

-

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

4.

CAPITAL ASSETS Capital asset activity for the year ended March 31, 2011 was as follows: Beginning Balance GOVERNMENTAL ACTIVITIES Capital Assets Not Being Depreciated Land Construction In Progress Total Capital Assets Not Being Depreciated Capital Assets Being Depreciated Buildings and Improvements Machinery and Equipment Total Capital Assets Being Depreciated Less Accumulated Depreciation for Buildings and Improvements Machinery and Equipment Total Accumulated Depreciation Total Capital Assets Being Depreciated, Net GOVERNMENTAL ACTIVITIES CAPITAL ASSETS, NET

$

Increases

Ending Balance

Decreases

60,000 $ 110,000 $ 3,500 -

- $ 170,000 3,500 -

63,500

110,000

3,500

170,000

912,353 203,683 1,116,036

594,176 36,855 631,031

31,500 31,500

1,506,529 209,038 1,715,567

631,608 142,583 774,191

18,500 27,176 45,676

31,500 31,500

650,108 138,259 788,367

341,845

585,355

-

927,200

$ 405,345 $ 695,355 $

3,500 $ 1,097,200

Depreciation expense was charged to functions/programs of the primary government as follows: GOVERNMENTAL ACTIVITIES General Government Senior Services Community Mental Health Board TOTAL

-- 17 17 --

$

25,936 18,957 783

$

45,676

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

5.

LONG-TERM DEBT Changes in Long-Term Liabilities The following is a summary of changes in long-term liabilities for the year ended March 31, 2011: Beginning Balance Compensated Absences Payable Other Postemployment Benefit Payable TOTAL

Additions

Ending Balance

Retirements

Current Portion

$

95,215

$

7,729

$

19,043

$

83,901

$

16,780

$

4,056 99,271

$

4,189 11,918

$

19,043

$

8,245 92,146

$

16,780

The General Fund and the Community Mental Health Fund have typically been used in prior years to liquidate the liability for compensated absences and other post employment benefit. 6.

LEASE COMMITMENTS The Township has a long-term lease commitment for the use of the senior services center. The terms of the lease require monthly rentals of $8,746 through June 30, 2009, with 2.2% increases each year through June 30, 2011. The Township also has a long-term lease commitment for the use of the Community Mental Health Board Office. The terms of the lease require monthly rentals of $3,055 through July 31, 2009, with 3.0% increases each year through July 31, 2011 plus a pro-rata share of property taxes. The Community Mental Health Board will move to new office space in July 2011 and has entered into a long-term lease commitment for this new office space. The terms of the new lease require monthly rentals of $2,011 beginning August 1, 2011 through January 31, 2014, $2,160 through July 31, 2016 plus a pro-rata share of property taxes and operating expenses. For the fiscal year ended March 31, 2011, $153,112 of lease expenditures were incurred. The total minimum lease commitment under the leases are as follows: Minimum Lease Payment Due

Fiscal Year March 31 2012 2013 2014 2015 2016 TOTAL

$

$

-- 18 18 --

142,341 52,929 25,925 25,925 8,642 255,762

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

7.

RETIREMENT FUND COMMITMENTS Illinois Municipal Retirement Fund The Township’s defined benefit pension plan, Illinois Municipal Retirement Fund (IMRF), provides retirement, disability, annual cost of living adjustments and death benefits to plan members and beneficiaries. IMRF is an agent multiple-employer pension plan that acts as a common investment and administrative agent for local governments and school districts in Illinois. The Illinois Pension Code establishes the benefit provisions of the plan that can only be amended by the Illinois General Assembly. IMRF issues a publicly available financial report that includes financial statements and required supplementary information for the plan as a whole but not by individual employer. That report may be obtained by writing to the Illinois Municipal Retirement Fund, 2211 York Road, Suite 500, Oak Brook, Illinois 60523. All employees hired in positions that meet or exceed the prescribed annual hourly standard must be enrolled in IMRF as participating members. Pension benefits vest after eight years of service. Participating members who retire at or after age 60 with eight years of credited service are entitled to an annual retirement benefit, payable monthly for life, in an amount equal to 1 2/3% of their final rate of earnings, for each year of credited service up to 15 years, and 2% for each year thereafter. IMRF also provides death and disability benefits. These benefit provisions and all other requirements are established by state statute. Employees participating in the IMRF are required to contribute 4.50% of their annual covered salary. The member rate is established by state statute. The Township is required to contribute at an actuarially determined rate. The employer rate for calendar year 2010 was 9.52% of payroll. The employer contribution requirements are established and may be amended by the IMRF Board of Trustees. For the fiscal year ended March 31, 2011, the Township’s annual pension cost of $186,161 was equal to the Township’s required and actual contributions. The required contribution was determined as part of the December 31, 2008 actuarial valuation using the entry age normal actuarial cost method. The actuarial assumptions included (a) 7.50% investment rate of return (net of administrative expenses), (b) projected salary increases of 4.00% a year, attributable to inflation, (c) additional project salary increases ranging from 0.40% to 10% per year depending on age and service and (d) postretirement benefit increases of 3.00% per year. The actuarial value of IMRF assets was determined using techniques that smooth the effects of short-term volatility in the market value of investments over a five year period with a 20.00% corridor. IMRF’s unfunded actuarial accrued liability is being amortized as a level percentage of projected payroll on a closed basis (overfunded liability amortized on open basis). The remaining amortization period at December 31, 2008 was 30 years.

-- 19 19 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

7.

RETIREMENT FUND COMMITMENTS (Continued) Illinois Municipal Retirement Fund (Continued) Employer annual required contribution (ARC), actual contributions and the net pension obligation (NPO) are as follows. The NPO is the cumulative difference between the Annual Pension Cost (APC) and the contributions actually made. Annual Pension Cost (APC)

For Fiscal Year 2009 2010 2011

$

Percentage of APC Contributed

129,877 149,968 186,161

100.00% 100.00% 100.00%

Net Pension Obligation $

-

The funded status of the plans as of December 31, 2010, based on actuarial valuations performed as of the same date, is as follows. The actuarial assumptions used to determine the funded status of the plan are the same actuarial assumptions used to determine the employer annual pension costs of the plan:

Actuarial Accrued Liability (AAL) Actuarial Value of Plan Assets Unfunded Actuarial Accrued Liability (UAAL) Funded Ratio (Actuarial Value of Plan Assets/AAL) Covered Payroll (Active Plan Members) UAAL as a Percentage of Covered Payroll

$

$

3,422,526 2,999,704 422,822 87.65% 1,946,997 21.72%

See the schedule of funding progress in the required supplementary information immediately following the notes to financial statements for additional information related to the funded status of the plan. 8.

RISK MANAGEMENT The Township is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; injuries to employees; illnesses of employees and natural disasters. The Township purchases third party indemnity insurance for general liability, property casualty, workmen’s compensation and health. The policies are in effect December 1, 2010 through December 1, 2011. The policies limit the Township’s exposure to deductibles of $1,000 per occurrence. Settled claims have not exceeded this commercial coverage in the current fiscal year or in the prior two fiscal years.

-- 20 20 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

9.

OTHER POSTEMPLOYMENT BENEFITS Plan Description In addition to providing the pension benefits described, the Township provides postemployment health care benefits (OPEB) for retired employees through a single employer defined benefit plan. The benefits, benefit levels, employee contributions and any employer contributions are governed by ILCS and by the Township. The plan is not accounted for as a trust fund, as an irrevocable trust has not been established to account for the plan. The plan does not issue a separate report. The activity of the plan is reported in the Township’s General Fund and Governmental Activities. Benefits Provided The Township provides postemployment health care benefits to its retirees. To be eligible for benefits, an employee must qualify for retirement under the Township’s retirement plan or meet COBRA requirements. All health care benefits are provided through the Township’s third party indemnity health plan. The benefit levels are the same as those afforded to active employees. Benefits include general inpatient and outpatient medical services; mental, nervous, and substance abuse care; vision care; dental care and prescriptions. Eligibility in Township sponsored health care plans may be continued at a separate premium upon eligibility for federally sponsored health care benefits. Membership At March 31, 2010, membership consisted of: Retirees and Beneficiaries Currently Receiving Benefits Terminated Employees Entitled to Benefits but not Yet Receiving Them Active Employees - Vested Active employees - Nonvested

15 15

TOTAL

30

Participating employers

-

1

-- 21 21 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

9.

OTHER POSTEMPLOYMENT BENEFITS (Continued) Funding Policy The Township provides the contribution percentages between the Township and employees through the personnel policy. All retirees contribute 100% of the premium to the plan to cover the cost of providing the benefits to the retirees via the plan (pay as you go) which results in an implicit subsidy to the Township as defined by GASB Statement No. 45. For the fiscal year ended March 31, 2011, the Township contributed $0. The Township is not required to and currently does not advance fund the cost of benefits that will become due and payable in the future. Active employees do not contribute to the plan until retirement. Annual OPEB costs and Net OPEB Obligation The Township first had an actuarial valuation performed for the plan as of March 31, 2011 to determine the funded status of the plan as of that date as well as the employer’s annual required contribution (ARC) for the next fiscal year. The Township’s annual OPEB cost, the percentage of annual OPEB cost contributed to the plan, and the net OPEB obligation for March 31, 2011 was as follows (information for the preceding year is not available as an actuarial valuation was performed for the first time as of March 31, 2010): Fiscal Year Ended March 31, 2010 March 31, 2011

Annual OPEB Cost $

4,056 4,189

Percentage of Annual OPEB Cost Contributed

Employer Contributions $

-

N/A N/A

Net OPEB Obligation $

4,056 8,245

The net OPEB obligation (NOPEBO) as of March 31, 2011 was calculated as follows: Annual Required Contribution Interest on Net OPEB Obligation Adjustment to Annual Required Contribution

$

4,121 203 (135)

Annual OPEB Cost Contributions Made

4,189 -

Increase in Net OPEB Obligation Net OPEB Obligation, Beginning of Year

4,189 4,056

NET OPEB OBLIGATION, END OF YEAR

-- 22 22 --

$

8,245

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

9.

OTHER POSTEMPLOYMENT BENEFITS (Continued) Funded Status and Funding Progress The funded status of the plan as of March 31, 2010, was as follows: Actuarial Accrued Liability (AAL) Actuarial Value of Plan Assets Unfunded Actuarial Accrued Liability (UAAL) Funded Ratio (Actuarial Value of Plan Assets/AAL) Covered Payroll (Active Plan Members) UAAL as a Percentage of Covered Payroll

$

$

27,621 27,621 0% 1,986,509 1.39%

Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into the future. Examples include assumptions about future employment, mortality and the healthcare cost trend. Amounts determined regarding the funded status of the plan and the annual required contributions of the employer are subject to continual revision as actual results are compared with past expectations and new estimates are made about the future. The schedule of funding progress, presented as required supplementary information following the notes to the financial statements, presents multi-year trend information that shows whether the actuarial value of plan assets is increasing or decreasing over time relative to the actuarial accrued liabilities for benefits. Actuarial Methods and Assumptions. Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. In the March 31, 2010 actuarial valuation, the entry-age actuarial cost method was used. The actuarial assumptions included a 5.0% investment rate of return (net of administrative expenses), 5.0% salary increase and an initial annual healthcare cost trend rate of 8.00%, with an ultimate annual healthcare cost trend rate of 6.00%, both of which include a 3.00% inflation assumption. The actuarial value of assets was not determined as the Township has not advance funded its obligation. The plan’s unfunded actuarial accrued liability is being amortized as a level percentage of projected payroll on an open basis. The remaining amortization period at March 31, 2010 was 30 years.

-- 23 23 --

OAK PARK TOWNSHIP, ILLINOIS NOTES TO FINANCIAL STATEMENTS (Continued)

10.

CONTINGENT LIABILITIES Amounts received and receivable from grantor agencies are subject to audit and adjustment by grantor agencies, principally the federal government. Any disallowed claims, including amounts already collected, may constitute a liability of the applicable funds. The amount, if any, of expenditures which may be disallowed by the grantor cannot be determined at this time although the Township expects such amounts, if any, to be immaterial.

-- 24 24 --

REQUIRED SUPPLEMENTARY INFORMATION

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget REVENUES Taxes Intergovernmental Charges for Services Investment Income Miscellaneous

$

Total Revenues EXPENDITURES Current General Government Senior Services Youth Services Capital Outlay Total Expenditures NET CHANGE IN FUND BALANCE

2,216,496 1,161,219 125,578 24,000 500

Final Budget

$

2,216,496 1,161,219 125,578 24,000 500

Variance Over (Under)

Actual

$

2,240,097 1,221,814 93,185 9,119 859

$

23,601 60,595 (32,393) (14,881) 359

3,527,793

3,527,793

3,565,074

37,281

936,883 1,979,027 769,008 1,281,500

936,883 1,979,027 769,008 1,281,500

778,935 1,893,253 633,564 730,982

(157,948) (85,774) (135,444) (550,518)

4,966,418

4,966,418

4,036,734

(929,684)

$ (1,438,625) $ (1,438,625)

(471,660) $

FUND BALANCES, APRIL 1

3,344,079

FUND BALANCES, MARCH 31

$

(See independent auditor's report.) - 25 -

2,872,419

966,965

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL GENERAL ASSISTANCE FUND For the Year Ended March 31, 2011

Original and Final Budget REVENUES Taxes Intergovernmental Investment Income

$

Total Revenues EXPENDITURES General Assistance Administration Personnel Services Fringe Benefits Operating Costs and Services General Assistance Other Charges Contingencies

Actual

$

$

452,203 574 1,987

1,850 (9,426) (1,613)

454,764

(9,189)

137,147 41,233 22,708 290,000

120,325 40,745 24,461 327,620

(16,822) (488) 1,753 37,620

-

531,088

513,151

(67,135)

(58,387) $

FUND BALANCE, APRIL 1

523,539

FUND BALANCE, MARCH 31

$

463,953

40,000

Total Expenditures NET CHANGE IN FUND BALANCE

450,353 10,000 3,600

Variance Over (Under)

$

(See independent auditor's report.) - 26 -

465,152

(40,000) (17,937) 8,748

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Original and Final Budget REVENUES Taxes Intergovernmental Investment Income Miscellaneous

$

Total Revenues EXPENDITURES Current Community Mental Health Administration External Contracts and Programs Other Charges Capital Outlay Total Expenditures NET CHANGE IN FUND BALANCE

$

1,431,600 100,000 10,000 2,000

Actual

$

1,440,948 110,911 5,783 -

$

9,348 10,911 (4,217) (2,000)

1,543,600

1,557,642

14,042

367,950 1,411,550 86,500 6,000

321,417 1,090,037 49,294 5,480

(46,533) (321,513) (37,206) (520)

1,872,000

1,466,228

(405,772)

(328,400)

91,414

FUND BALANCE, APRIL 1

1,070,719

FUND BALANCE, MARCH 31

Variance Over (Under)

$

(See independent auditor's report.) - 27 -

1,162,133

$

419,814

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF FUNDING PROGRESS ILLINOIS MUNICIPAL RETIREMENT FUND March 31, 2011

Actuarial Valuation Date December 31,

(1) Actuarial Value of Assets

(2) Actuarial Accrued Liability (AAL) Entry-Age

2005

$ 2,461,705

$ 2,309,603

2006

2,526,752

2007

(3) Funded Ratio (1) / (2)

(4) Unfunded (Overfunded) AAL (UAAL) (OAAL) (2) - (1)

(5) Covered Payroll

UAAL (OAAL) As a Percentage of Covered Payroll (4) / (5)

106.59% $

(152,102) $ 1,567,219

2,342,908

107.85%

(183,844)

1,565,527

(11.74%)

2,979,370

2,634,210

113.10%

(345,160)

1,635,802

(21.10%)

2008

2,554,049

2,839,425

89.95%

285,376

1,669,373

17.09%

2009

2,870,245

3,176,345

90.36%

306,100

1,907,400

16.05%

2010

2,999,704

3,422,526

87.65%

422,822

1,946,997

21.72%

(See independent auditor's report.) - 28 -

(9.71%)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EMPLOYER CONTRIBUTIONS ILLINOIS MUNICIPAL RETIREMENT FUND March 31, 2011

Fiscal Year

Employer Contributions

2006

$

110,332

Annual Required Contribution (ARC)

$

Percentage Contributed

110,332

100.00%

2007

129,626

129,626

100.00%

2008

128,247

128,247

100.00%

2009

129,877

129,877

100.00%

2010

149,968

149,968

100.00%

2011

186,161

186,161

100.00%

(See independent auditor's report.) - 29 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF FUNDING PROGRESS OTHER POSTEMPLOYMENT BENEFIT PLAN March 31, 2011

Actuarial Valuation Date March 31, 2010 2011

(2) Actuarial Accrued Liability (AAL) Entry-Age

(1) Actuarial Value of Assets $

N/A

$

27,621 N/A

(3) Funded Ratio (1) / (2)

(4) Unfunded (Overfunded) AAL (UAAL) (OAAL) (2) - (1)

0.00% $ N/A

27,621 N/A

(5) Covered Payroll $ 1,986,509 N/A

The Township implemented GASB Statement No. 45 for the fiscal year ended March 31, 2010. Information for prior years is not available.

(See independent auditor's report.) - 30 -

UAAL (OAAL) As a Percentage of Covered Payroll (4) / (5) 1.39% N/A

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EMPLOYER CONTRIBUTIONS OTHER POSTEMPLOYMENT BENEFIT PLAN March 31, 2011

Fiscal Year

Employer Contributions

2010

$

2011

-

Annual Required Contribution (ARC)

$

Percentage Contributed

4,056

0.00%

4,121

0.00%

The Township implemented GASB Statement No. 45 for the fiscal year ended March 31, 2010. Information for prior years is not available.

(See independent auditor's report.) - 31 -

OAK PARK TOWNSHIP, ILLINOIS NOTES TO REQUIRED SUPPLEMENTARY INFORMATION March 31, 2011

BUDGETS AND BUDGETARY ACCOUNTING The Township follows these procedures in establishing the budgetary data reflected in the financial statements: 1)

The Township Supervisor submits to the Board of Trustees a proposed operating budget for the fiscal year. The operating budget includes proposed expenditures and the means of financing them for all general and special revenue funds.

2)

Public hearings are conducted to obtain taxpayer comments.

3)

The budget is legally enacted through passage of an ordinance.

4)

The budget may be amended by the Board of Trustees through the same process used to adopt the original budget.

5)

Expenditures may not legally exceed budgeted appropriations at the fund level. All annual appropriations lapse at fiscal year end.

Township budgets are prepared on a basis of accounting consistent with generally accepted accounting principles (GAAP). There was one supplemental budgetary appropriation adopted during the year ended March 31, 2011.

32 --- 28

COMBINING AND INDIVIDUAL FUND FINANCIAL STATEMENTS AND SCHEDULES

MAJOR GOVERNMENTAL FUNDS General The General (Town) Fund is used to account for resources which are not required to be accounted for in another fund. Special Revenue The General Assistance Fund is used to account for all revenues and expenditures to finance General Assistance, a program that aids needy residents. The Community Mental Health Fund is used to account for the revenues and expenditures to finance the Community Mental Health Board’s support of services and programs in the areas of mental health, developmental disabilities and alcohol and substance abuse.

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES - BUDGET AND ACTUAL GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget REVENUES Taxes Property Taxes Personal Property Replacement Tax Tax Increment Financing

$

Total Taxes Intergovernmental Local - Senior Services Local - Youth Services State and Federal - General Government State and Federal - Senior Services Total Intergovernmental Charges for Services Rent Program Income - General Government Program Income - Senior Services Total Charges for Services Investment Income Miscellaneous TOTAL REVENUES

$

2,130,496 60,000 26,000

Final Budget

$

2,130,496 60,000 26,000

Variance Over (Under)

Actual

$

2,078,612 64,826 96,659

$

(51,884) 4,826 70,659

2,216,496

2,216,496

2,240,097

131,790 239,701 789,728

131,790 239,701 789,728

127,551 214,083 2,723 877,457

1,161,219

1,161,219

1,221,814

3,425 5,500 116,653

3,425 5,500 116,653

3,425 10,586 79,174

5,086 (37,479)

125,578

125,578

93,185

(32,393)

24,000 500

24,000 500

9,119 859

(14,881) 359

3,527,793

$

3,527,793

(See independent auditor's report.) - 33 -

$

3,565,074

23,601

(4,239) (25,618) 2,723 87,729 60,595

$

37,281

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES General Government Township Board Personnel Services Elected Officials Salaries

$

Total Personnel Services

18,936

Final Budget

$

18,936

Variance Over (Under)

Actual

$

18,936

$

-

18,936

18,936

18,936

-

1,449

1,449

1,449

-

Total Fringe Benefits

1,449

1,449

1,449

-

Operating Costs and Services Dues and Subscriptions Duplication and Printing Insurance - Liability Travel and Training Workers' Compensation

1,050 250 170 500 1,050

1,050 250 170 500 1,050

2,382 120 1,273

1,332 (250) (50) (500) 223

3,020

3,020

3,775

755

10,000

10,000

12,500

2,500

Total External Contracts and Programs

10,000

10,000

12,500

2,500

Total Township Board

33,405

33,405

36,660

3,255

298,342 13,260

298,342 13,260

300,551 13,256

2,209 (4)

311,602

311,602

313,807

2,205

23,827 29,506 100 44,978 1,000 15,000

23,827 29,506 100 44,978 1,000 15,000

23,289 29,757 147 43,766 945 735

(538) 251 47 (1,212) (55) (14,265)

114,411

114,411

98,639

(15,772)

7,000 500 1,500 500 10,000

7,000 500 1,500 500 10,000

2,277 6,396 1,080 20 13,651

2,277 (604) (500) (420) (480) 3,651

Fringe Benefits FICA

Total Operating Costs and Services External Contracts and Programs Program Development

Administration Personnel Services Employee Salaries Elected Officials Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Employee Assistance Program Tutition Reimbursement Total Fringe Benefits Operating Costs and Services Banking Services Audit Staff Recruitment Bookkeeping Staff Health Exams and Background Checks Noncapital Furniture, Equipment and Maintenance

(This statement is continued on the following pages.) - 34 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) General Government (Continued) Administration (Continued) Operating Costs and Services (Continued) Office Supplies Public Relations Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Legal Postage, Delivery and Messenger Service Professional Consultant/Legal Telephone Travel and Training Worker's Compensation Taxi Coupons Deferred Compensation Transition Total Operating Costs and Services External Contracts and Programs Program Development Total External Contracts and Programs Total Administration Clerk Personnel Services Employee Salaries Elected Officials Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits Operating Costs and Services Noncapital Furniture, Equipment and Maintenance Office Supplies Dues and Subscriptions Duplication and Printing Records Preservation Insurance - Liability Postage, Delivery and Messenger Service Travel and Training Workers' Compensation Total Operating Costs and Services Total Clerk

$

8,000 5,000 6,500 26,000 8,000 4,500 6,000 16,000 3,500 8,500 6,000 1,650 5,000 3,000

Final Budget

$

Variance Over (Under)

Actual

8,000 5,000 6,500 26,000 8,000 4,500 6,000 16,000 3,500 8,500 6,000 1,650 5,000 3,000

$

5,236 3,872 6,357 13,461 8,274 3,136 10,604 6,779 4,842 9,055 4,031 2,052 14,342 1,734

(2,764) (1,128) (143) (12,539) 274 (1,364) 4,604 (9,221) 1,342 555 (1,969) 402 9,342 (1,266)

127,150

127,150

30,000

30,000

-

(30,000)

30,000

30,000

-

(30,000)

583,163

583,163

529,645

(53,518)

3,200 17,234

3,200 17,234

527 17,233

(2,673) (1)

20,434

20,434

17,760

(2,674)

1,576 1,769 80

1,576 1,769 80

1,343 1,665 49

(233) (104) (31)

3,425

3,425

3,057

(368)

700 600 500 150 500 200 100 500 260

700 600 500 150 500 200 100 500 260

36 160 105 140 61 318

(700) (564) (340) (45) (500) (60) (39) (500) 58

3,510

3,510

820

(2,690)

27,369

27,369

21,637

(5,732)

(This statement is continued on the following pages.) - 35 -

117,199

$

(9,951)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) General Government (Continued) Assessor Personnel Services Employee Salaries Elected Officials Salaries Total Personnel Services Fringe Benefits FICA Expense Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Non Capital Furniture, Equipment and Maintenance Office Supplies Dues and Subscriptions Duplication and Printing Insurance - Liability Postage, Delivery and Messenger Service Triennial Assessment Travel and Training Workers' Compensation Total Operating Costs and Services Total Assessor Building Services Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Building and Facilities Noncapital Furniture, Equipment and Maintenance Insurance - Liability Travel and Training Utilities Workers' Compensation Total Operating Costs and Services Total Building Services

$

47,605 30,931

Final Budget

$

47,605 30,931

Variance Over (Under)

Actual

$

43,819 30,932

$

(3,786) 1

78,536

78,536

74,751

(3,785)

6,031 7,798 70 1,500

6,031 7,798 70 1,500

5,510 6,909 66 18

(521) (889) (4) (1,482)

15,399

15,399

12,503

(2,896)

2,500 1,100 2,200 3,500 890 2,000 5,000 1,000 500

2,500 1,100 2,200 3,500 890 2,000 5,000 1,000 500

1,535 506 1,983 1,454 576 891 79 636

(965) (594) (217) (2,046) (314) (1,109) (5,000) (921) 136

18,690

18,690

7,660

(11,030)

112,625

112,625

94,914

(17,711)

49,469

49,469

48,574

(895)

49,469

49,469

48,574

(895)

3,784 4,399 70 9,308

3,784 4,399 70 9,308

3,361 4,478 66 9,312

(423) 79 (4) 4

17,561

17,561

17,217

(344)

32,500 5,000 4,600 300 17,000 375

32,500 5,000 4,600 300 17,000 375

22,485 3,355 5,043 14,115 477

(10,015) (1,645) 443 (300) (2,885) 102

59,775

59,775

45,475

(14,300)

126,805

126,805

111,266

(15,539)

(This statement is continued on the following pages.) - 36 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) General Government (Continued) Risk Management Operating Costs and Services Activities and Program Support Staff Expenses and Personnel Relations Travel and Training Total Risk Management Town Other Charges Contingencies Research and Development Total Town Other Charges Total General Government Before Allocations Less Allocations from Other Funds Total General Government Senior Services Transportation Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Vehicles Staff Health Expenses and Background Exams Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Vehicles Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone

$

2,000 100 1,000

Final Budget

$

2,000 100 1,000

Variance Over (Under)

Actual

$

160 21 200

(1,840) (79) (800)

3,100

3,100

50,000 10,000

50,000 10,000

-

(50,000) (10,000)

60,000

60,000

-

(60,000)

946,467

946,467

(9,584)

(9,584)

381

$

794,503 (15,568)

(2,719)

(151,964) (5,984)

936,883

936,883

778,935

222,588

222,588

229,487

6,899

222,588

222,588

229,487

6,899

17,028 22,014 120 26,344

17,028 22,014 120 26,344

16,432 21,020 121 29,639

(596) (994) 1 3,295

65,506

65,506

67,212

1,706

350 1,403 400 57,500 2,290 120 2,790 250 440 425 1,575 2,800 1,200 1,325 950 100 25,867 4,950

350 1,403 400 57,500 2,290 120 2,790 250 440 425 1,575 2,800 1,200 1,325 950 100 25,867 4,950

400 1,263 1,159 42,652 1,860 143 1,642 163 741 603 1,183 2,036 2,009 961 30,774 4,548

50 (140) 759 (14,848) (430) 23 (1,148) (87) 301 178 (392) (764) (1,200) 684 11 (100) 4,907 (402)

(This statement is continued on the following pages.) - 37 -

(157,948)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Transportation (Continued) Operating Costs and Services (Continued) Travel and Training Utilities Workers' Compensation

$

1,285 1,500 2,410

Final Budget

$

1,285 1,500 2,410

Variance Over (Under)

Actual

$

393 868 3,016

$

(892) (632) 606

Total Operating Costs and Services

109,930

109,930

96,414

(13,516)

Total Transportation

398,024

398,024

393,113

(4,911)

18,947

18,947

18,713

(234)

18,947

18,947

18,713

(234)

1,449 1,874 65 5,515

1,449 1,874 65 5,515

1,350 1,774 55 5,365

(99) (100) (10) (150)

8,903

8,903

8,544

(359)

70 261 30 70 800 60 150 250 32,000 496 200 245 205 50 1,234 465 235 400 110

70 261 30 70 800 60 150 250 32,000 496 200 245 205 50 1,234 465 235 400 110

41 213 78 504 120 46 256 35,408 333 157 183 1,399 491 29 145 42

(29) (48) (30) 8 (296) 60 (104) 6 3,408 (163) (200) (88) (22) (50) 165 26 (206) (255) (68)

Total Operating Costs and Services

37,331

37,331

39,445

2,114

Total Chore Services

65,181

65,181

66,702

1,521

Information and Assistance Personnel Services Employee Salaries

38,673

38,673

38,353

(320)

38,673

38,673

38,353

(320)

Chore Services Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Homemaker Contract Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation

Total Personnel Services

(This statement is continued on the following pages.) - 38 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Information and Assistance (Continued) Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits

$

2,958 3,825 65 8,365

Final Budget

$

2,958 3,825 65 8,365

Variance Over (Under)

Actual

$

2,807 3,636 55 7,626

$

(151) (189) (10) (739)

15,213

15,213

14,124

(1,089)

230 225 100 70 4,310 650 105 201 459 150 375 340 45 7,070 475 1,195 400 273

230 225 100 70 4,310 650 105 201 459 150 375 340 45 7,070 475 1,195 400 273

31 218 30 154 681 185 34 229 361 331 142 5,595 443 254 145 340

(199) (7) (100) 30 84 (3,629) (465) (71) 28 (98) (150) (44) (198) (45) (1,475) (32) (941) (255) 67

Total Operating Costs and Services

16,673

16,673

9,173

(7,500)

Total Information and Assistance

70,559

70,559

61,650

(8,909)

53,909

53,909

55,333

1,424

53,909

53,909

55,333

1,424

4,124 4,732 65 2,287

4,124 4,732 65 2,287

4,016 4,612 55 1,965

(108) (120) (10) (322)

11,208

11,208

10,648

(560)

2,925 521 105 40 80

2,925 521 105 40 80

2,525 471 10 52

(400) (50) (105) (30) (28)

Operating Costs and Services Activities and Program Support Audit Staff Recruitment Staff Health/Background Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation

Senior Lunch Program Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Staff Health Expenses and Background Exams Board and Committee Expenses

(This statement is continued on the following pages.) - 39 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Senior Lunch Program (Continued) Operating Costs and Services (Continued) Non-capital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Senior Lunch Program Meals Insurance - Liability Legal Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Rent Public Relations Telephone Travel and Training Utilities Workers' Compensation Total Operating Costs and Services Total Senior Lunch Program Home Delivered Meals Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Funds Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Vehicles Staff Health Expenses and Background Exams Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Food Delivery Home Delivered Meals Insurance - Vehicles Insurance - Liability Legal

$

3,270 175 400 300 59,500 985 65 550 600 400 7,238 85 975 575 4,500 628

Final Budget

$

3,270 175 400 300 59,500 985 65 550 600 400 7,238 85 975 575 4,500 628

Variance Over (Under)

Actual

$

7,950 163 478 280 48,545 762 748 320 6,434 1,053 201 4,400 786

$

4,680 (12) 78 (20) (10,955) (223) (65) (550) 148 (80) (804) (85) 78 (374) (100) 158

83,917

83,917

75,178

(8,739)

149,034

149,034

141,159

(7,875)

85,795

85,795

84,631

(1,164)

85,795

85,795

84,631

(1,164)

6,563 7,992 65 3,901

6,563 7,992 65 3,901

6,338 7,549 55 3,352

(225) (443) (10) (549)

18,521

18,521

17,294

(1,227)

2,475 990 105 5,100 60 105 2,670 250 550 260 10,000 152,000 1,015 1,971 65

2,475 990 105 5,100 60 105 2,670 250 550 260 10,000 152,000 1,015 1,971 65

2,628 950 115 4,055 70 95 5,666 82 158 230 9,667 141,536 769 1,559 -

153 (40) 10 (1,045) 10 (10) 2,996 (168) (392) (30) (333) (10,464) (246) (412) (65)

(This statement is continued on the following pages.) - 40 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Home Delivered Meals (Continued) Operating Costs and Services (Continued) Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation

$

750 750 820 60 12,681 1,625 770 4,200 1,167

Final Budget

$

750 750 820 60 12,681 1,625 770 4,200 1,167

Variance Over (Under)

Actual

$

4,384 664 15,107 1,588 276 4,545 1,460

$

(750) 3,634 (156) (60) 2,426 (37) (494) 345 293

Total Operating Costs and Services

200,439

200,439

195,604

(4,835)

Total Home Delivered Meals

304,755

304,755

297,529

(7,226)

17,353

17,353

16,941

(412)

17,353

17,353

16,941

(412)

1,328 1,470 65 1,412

1,328 1,470 65 1,412

1,264 1,369 55 1,214

(64) (101) (10) (198)

4,275

4,275

3,902

(373)

675 419 80 60 1,320 75 160 70 62,000 773 65 400 300 25 1,178 500 280 200 129

675 419 80 60 1,320 75 160 70 62,000 773 65 400 300 25 1,178 500 280 200 129

394 306 78 940 58 453 137 26,887 462 233 298 1,399 599 44 145 161

(281) (113) (80) 18 (380) (17) 293 67 (35,113) (311) (65) (167) (2) (25) 221 99 (236) (55) 32

Total Operating Costs and Services

68,709

68,709

32,594

(36,115)

Total Dine Out

90,337

90,337

53,437

(36,900)

Dine Out Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Dine Out Meals Insurance - Liability Legal Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation

(This statement is continued on the following pages.) - 41 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Special Services Personnel Services Employee Salaries

$

Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation Total Operating Costs and Services Total Special Services Community Outreach Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits

29,343

Final Budget

$

29,343

Variance Over (Under)

Actual

$

29,619

$

276

29,343

29,343

29,619

276

2,245 1,562 65 474

2,245 1,562 65 474

2,218 1,481 55 3,054

(27) (81) (10) 2,580

4,346

4,346

6,808

2,462

175 138 50 60 1,870 50 75 530 280 250 275 180 200 1,684 975 255 180 353

175 138 50 60 1,870 50 75 530 280 250 275 180 200 1,684 975 255 180 353

21 129 87 40 2,028 158 23 555 211 225 92 1,958 1,214 25 72 338

(154) (9) 37 (20) 158 108 (52) 25 (69) (250) (50) (88) (200) 274 239 (230) (108) (15)

7,580

7,580

7,176

(404)

41,269

41,269

43,603

45,166

45,166

44,776

(390)

45,166

45,166

44,776

(390)

3,455 4,467 65 9,874

3,455 4,467 65 9,874

3,200 4,246 55 11,614

(255) (221) (10) 1,740

17,861

17,861

19,115

1,254

(This statement is continued on the following pages.) - 42 -

2,334

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Community Outreach (Continued) Operating Costs and Services Activities and Program Support Audit Staff Recruitment Title IIIE Caregiver Support Program Administration Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation

$

420 312 30 1,000 75 1,320 220 4,350 200 587 200 320 4,625 75 4,545 550 370 330 84

Final Budget

$

420 312 30 1,000 75 1,320 220 4,350 200 587 200 320 4,625 75 4,545 550 370 330 84

Variance Over (Under)

Actual

$

418 266 822 58 596 129 4,750 172 423 430 3,526 75 4,196 492 389 145 417

$

(2) (46) (30) (178) (17) (724) (91) 400 (28) (164) (200) 110 (1,099) (349) (58) 19 (185) 333

Total Operating Costs and Services

19,613

19,613

17,304

(2,309)

Total Community Outreach

82,640

82,640

81,195

(1,445)

441,277

441,277

430,654

(10,623)

441,277

441,277

430,654

(10,623)

33,758 43,642 120 98,061

33,758 43,642 120 98,061

31,558 40,779 121 101,716

(2,200) (2,863) 1 3,655

175,581

175,581

174,174

(1,407)

650 2,316 100 300 230 7,500 500 900 425 4,844 360

650 2,316 100 300 230 7,500 500 900 425 4,844 360

389 2,246 1,750 20 70 11,053 663 563 410 3,696 343

(261) (70) 1,650 (280) (160) 3,553 163 (337) (15) (1,148) (17)

Case Management Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Staff Health Expenses and Background Exams Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Multi-Disciplinary Team Expenses

(This statement is continued on the following pages.) - 43 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Case Management (Continued) Operating Costs and Services (Continued) Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation Respite Workers ANE Emergency Funds Flexible Senior Services Spending Key Box Program

$

1,600 3,800 2,300 200 46,964 5,500 10,000 2,520 2,776 5,000 2,000 5,000

Final Budget

$

1,600 3,800 2,300 200 46,964 5,500 10,000 2,520 2,776 5,000 2,000 5,000

Variance Over (Under)

Actual

$

3,883 1,801 75 40,566 5,354 6,835 1,157 3,401 146 5,594 351

$

(1,600) 83 (499) (125) (6,398) (146) (3,165) (1,363) 625 146 (5,000) 3,594 (4,649)

Total Operating Costs and Services

105,785

105,785

90,366

(15,419)

Total Case Management

722,643

722,643

695,194

(27,449)

14,136

14,136

14,135

(1)

14,136

14,136

14,135

(1)

1,081 1,398 4,139

1,081 1,398 4,139

999 1,340 4,139

(82) (58) -

6,618

6,618

6,478

(140)

100 180 2,515 250 65 209 1,050 150 1,571 420 725 120 110

100 180 2,515 250 65 209 1,050 150 1,571 420 725 120 110

70 140 713 27 195 144 536 92 2,238 305 497 72 199

(30) (40) (1,802) (223) 130 (65) (514) (58) 667 (115) (228) (48) 89

7,465

7,465

5,228

(2,237)

28,219

28,219

25,841

(2,378)

Money Management Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits Operating Costs and Services Staff Health Expenses and Background Exams Staff Health Expenses and Background Exams Noncapital Furniture, Equipment and Maintenance Duplication and Printing Staff Expenses and Personnel Relations Insurance-Liability Office Supplies Postage, Delivery and Messenger Service Rent Telephone Travel and Training Utilities Workers' Compensation Total Operating Costs and Services Total Money Management

(This statement is continued on the following pages.) - 44 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Senior Services (Continued) Red Tape Cutter Personnel Services Employee Salaries

$

Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Health/Life Insurance Total Fringe Benefits Operating Costs and Services Activities and Program Support Audit Staff Recruitment Staff Health Expenses and Background Exams Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Public Relations Rent Telephone Travel and Training Utilities Workers' Compensation Red Tape Cutter Spending Total Operating Costs and Services Total Red Tape Cutter Total Senior Services Youth Services Contracts and Program Development Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits

17,348

Final Budget

$

17,348

Variance Over (Under)

Actual

$

17,207

$

(141)

17,348

17,348

17,207

(141)

1,327 1,716 65 407

1,327 1,716 65 407

1,264 1,632 55 3,375

(63) (84) (10) 2,968

3,515

3,515

6,326

2,811

60 92 30 20 60 870 25 125 85 178 100 170 105 35 2,188 860 230 160 110 -

60 92 30 20 60 870 25 125 85 178 100 170 105 35 2,188 860 230 160 110 -

15 83 40 1,901 4 19 109 135 84 74 2,238 745 70 72 20 4,688

(45) (9) (30) (20) (20) 1,031 (21) (106) 24 (43) (100) (86) (31) (35) 50 (115) (160) (88) (90) 4,688

5,503

5,503

10,297

4,794

26,366

26,366

33,830

7,464

1,979,027

1,979,027

1,893,253

39,901

39,901

40,892

991

39,901

39,901

40,892

991

3,052 3,946 66 7,425

3,052 3,946 66 7,425

3,030 3,877 33 7,425

(22) (69) (33) -

14,489

14,489

14,365

(124)

(This statement is continued on the following pages.) - 45 -

(85,774)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Youth Services (Continued) Contracts and Program Development (Continued) Operating Costs and Services Board and Committee Expenses Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Office Supplies Postage, Delivery and Messenger Service Travel and Training Workers' Compensation Total Operating Costs and Services

$

1,000 825 350 450 500 150 1,000 160

Final Budget

$

1,000 825 350 450 500 150 1,000 160

Variance Over (Under)

Actual

$

929 963 301 378 100 1,000 191

$

(71) 138 (350) (149) (122) (50) 31

4,435

4,435

3,862

(573)

226,000 10,000

226,000 10,000

159,715 10,000

(66,285) -

Total External Contracts and Programs

236,000

236,000

169,715

(66,285)

Total Contracts and Program Development

294,825

294,825

228,834

(65,991)

39,901

39,901

40,892

991

39,901

39,901

40,892

991

3,052 3,946 7,425

3,052 3,946 7,425

3,030 3,877 7,425

(22) (69) -

14,423

14,423

14,332

(91)

Operating Costs and Services Duplication and Printing Insurance - Liability Office Supplies Postage, Delivery and Messenger Service Travel and Training Workers' Compensation

300 450 500 100 1,500 160

300 450 500 100 1,500 160

293 1,492 191

(300) (157) (500) (100) (8) 31

Total Operating Costs and Services

3,010

3,010

1,976

(1,034)

57,334

57,334

57,200

(134)

6,650

6,650

6,815

165

6,650

6,650

6,815

165

External Contracts and Programs Program Development Holiday Food and Gift Basket

Violence Prevention Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits

Total Violence Prevention Information and Referral Personnel Services Employee Salaries Total Personnel Services

(This statement is continued on the following pages.) - 46 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Youth Services (Continued) Information and Referral (Continued) Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits

$

509 658 1,929

Final Budget

$

509 658 1,929

Variance Over (Under)

Actual

$

505 646 1,238

$

(4) (12) (691)

3,096

3,096

2,389

(707)

5,500 300 110 230 100 300 30

5,500 300 110 230 100 300 30

2,309 83 32

(3,191) (300) (27) (230) (100) (300) 2

6,570

6,570

2,424

(4,146)

16,316

16,316

11,628

(4,688)

26,601

26,601

27,261

660

26,601

26,601

27,261

660

2,035 2,631 4,950

2,035 2,631 4,950

2,020 2,585 4,950

(15) (46) -

9,616

9,616

9,555

(61)

Operating Costs and Services Activities and Program Support Dues and Subscriptions Duplication and Printing Insurance - Liability Office Supplies Postage, Delivery and Messenger Service Travel and Training Workers' Compensation

150 2,000 100 295 250 100 500 110

150 2,000 100 295 250 100 500 110

1,184 203 127

(150) (816) (100) (92) (250) (100) (500) 17

Total Operating Costs and Services

3,505

3,505

1,514

(1,991)

External Contracts and Programs Program Development (FAS)

14,000

14,000

11,044

(2,956)

Total Policies and Issues

53,722

53,722

49,374

(4,348)

Youth Development and Advocacy Personnel Services Employee Salaries

19,951

19,951

21,598

1,647

Total Personnel Services

19,951

19,951

21,598

1,647

Operating Costs and Services Noncapital Furniture, Equipment and Maintenance Duplication and Printing Insurance - Liability Office Supplies Postage, Delivery and Messenger Service Telephone Workers' Compensation Total Operating Costs and Services

Total Information and Referral Policies and Issues Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits

(This statement is continued on the following pages.) - 47 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Youth Services (Continued) Youth Development and Advocacy (Continued) Fringe Benefits FICA Illinois Municipal Retirement Fund Health/Life Insurance Total Fringe Benefits

$

1,526 1,973 3,712

Final Budget

$

1,526 1,973 3,712

Variance Over (Under)

Actual

$

1,603 1,938 3,712

$

77 (35) -

7,211

7,211

7,253

Operating Costs and Services Dues and Subscriptions Duplication and Printing Staff Expenses and Personnel Relations Insurance - Liability Internal Program Initiative Office Supplies Postage, Delivery and Messenger Service Workers' Compensation

100 500 1,900 220 60,000 150 100 85

100 500 1,900 220 60,000 150 100 85

461 22,484 95

(100) (500) (1,900) 241 (37,516) (150) (100) 10

Total Operating Costs and Services

63,055

63,055

23,040

(40,015)

5,000 5,000

5,000 5,000

9,440 180

4,440 (4,820)

10,000

10,000

9,620

(380)

100,217

100,217

61,511

(38,706)

151,159

151,159

147,367

(3,792)

151,159

151,159

147,367

(3,792)

11,564 14,950 66 55,472

11,564 14,950 66 55,472

10,840 13,975 33 42,982

(724) (975) (33) (12,490)

82,052

82,052

67,830

(14,222)

Operating Costs and Services Activities and Program Support Staff Recruitment Dues and Subscriptions Duplication and Printing Insurance - Liability Office Supplies Postage, Delivery and Messenger Service Professional Consultation Travel and Training Workers' Compensation

2,500 100 100 120 1,550 250 2,000 6,000 763

2,500 100 100 120 1,550 250 2,000 6,000 763

2,246 650 1,261 170 800 3,739 954

(254) (100) (100) 530 (289) (80) (1,200) (2,261) 191

Total Operating Costs and Services

13,383

13,383

9,820

(3,563)

External Contracts and Programs Program Development Program Development (YCF) Total External Contracts and Programs Total Youth Development and Advocacy Youth Interventionist Personnel Services Employee Salaries Total Personnel Services Fringe Benefits FICA Illinois Municipal Retirement Fund Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits

(This statement is continued on the following page.) - 48 -

42

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL (TOWN) FUND For the Year Ended March 31, 2011

Original Budget EXPENDITURES (Continued) Youth Services (Continued) Youth Interventionist (Continued) External Contracts and Programs Program Development

$

Total External Contracts and Programs

Final Budget

-

$

Actual

-

-

Variance Over (Under)

$

-

-

$

-

-

Total Youth Interventionist

246,594

246,594

225,017

(21,577)

Total Youth Services

769,008

769,008

633,564

(135,444)

Capital Outlay Town - Other Charges Capital Improvements and Renovations Vehicles

1,236,500 45,000

1,236,500 45,000

703,407 27,575

(533,093) (17,425)

Total Town - Other Charges

1,281,500

1,281,500

730,982

(550,518)

Total Capital Outlay

1,281,500

1,281,500

730,982

(550,518)

TOTAL EXPENDITURES

$

4,966,418

$

4,966,418

(See independent auditor's report.) - 49 -

$

4,036,734

$

(929,684)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES - BUDGET AND ACTUAL GENERAL ASSISTANCE FUND For the Year Ended March 31, 2011

Original and Final Budget REVENUES Taxes Property Taxes Tax Increment Financing

$

Total Taxes Intergovernmental State and Federal Total Intergovernmental Investment Income TOTAL REVENUES

$

443,853 6,500

Variance Over (Under)

Actual

$

432,121 20,082

$

(11,732) 13,582

450,353

452,203

10,000

574

(9,426)

10,000

574

(9,426)

3,600

1,987

(1,613)

463,953

$

(See independent auditor's report.) - 50 -

454,764

1,850

$

(9,189)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL GENERAL ASSISTANCE FUND For the Year Ended March 31, 2011

Original and Final Budget EXPENDITURES General Assistance Administration Personnel Services Employee Salaries Elected Officials Total Personnel Services Fringe Benefits FICA Expense Illinois Municipal Retirement Fund Health/Life Insurance Flexible Benefit Plan Total Fringe Benefits Operating Costs and Services Audit Staff Recruitment Non Capital Furniture, Equipment and Maintenance Office Supplies Dues and Subscriptions Duplication and Printing Insurance Liability Legal Overhead Expenses Postage, Delivery and Messenger Service Rent Telephone Travel and Training Workers' Compensation Total Operating Costs and Services Total Administration

$

130,519 6,628

Variance Over (Under)

Actual

$

113,698 6,627

$

(16,821) (1)

137,147

120,325

(16,822)

9,980 11,009 20,080 164

8,665 10,818 21,156 106

(1,315) (191) 1,076 (58)

41,233

40,745

(488)

1,250 2,000 350 200 500 5,800 1,000 6,564 500 3,494 250 200 600

1,197 87 1,982 637 60 1,671 4,916 1,857 6,564 814 3,425 250 57 944

(53) 87 (18) 287 (140) 1,171 (884) 857 314 (69) (143) 344

22,708

24,461

1,753

201,088

185,531

(15,557)

(This schedule is continued on the following page.) - 51 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) GENERAL ASSISTANCE FUND For the Year Ended March 31, 2011

Original and Final Budget EXPENDITURES (Continued) General Assistance (Continued) Operating Costs and Services General Assistance

$

290,000

Variance Over (Under)

Actual

$

327,620

$

37,620

Total Operating Costs and Services

290,000

327,620

37,620

Total General Assistance

290,000

327,620

37,620

Other Charges Operating Costs and Charges Contingencies

40,000

-

(40,000)

Total Operating Costs and Charges

40,000

-

(40,000)

Total Other Charges

40,000

-

(40,000)

TOTAL EXPENDITURES

$

531,088

(See independent auditor's report.) - 52 -

$

513,151

$

(17,937)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF REVENUES - BUDGET AND ACTUAL COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Original and Final Budget REVENUES Taxes Property Taxes Personal Property Replacement Tax Tax Increment Financing

$

Total Taxes Intergovernmental Local Funds Initiative Total Intergovernmental Investment Income Miscellaneous TOTAL REVENUES

$

1,367,068 50,000 14,532

Variance Over (Under)

Actual

$

1,336,371 42,680 61,897

$

(30,697) (7,320) 47,365

1,431,600

1,440,948

9,348

100,000

110,911

10,911

100,000

110,911

10,911

10,000 2,000

5,783 -

1,543,600

$

(See independent auditor's report.) - 53 -

1,557,642

(4,217) (2,000) $

14,042

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Original and Final Budget EXPENDITURES Community Mental Health Administration Personnel Services Employee Salaries

$

Total Personnel Services

183,900

Variance Over (Under)

Actual

$

171,349

$

(12,551)

183,900

171,349

(12,551)

14,100 17,600 300 37,400

12,645 15,980 55 24,766

(1,455) (1,620) (245) (12,634)

69,400

53,446

(15,954)

6,000 1,000 1,000 1,000 3,500 7,500 7,000 4,000 5,000 500 3,000 1,500 10,000 1,000 46,000 400 6,500 5,500 350 2,900 1,000

4,612 10 562 729 3,477 7,485 3,773 2,324 5,704 80 2,213 327 8,488 100 41,208 283 6,366 4,496 3,404 981

(1,388) (990) (438) (271) (23) (15) (3,227) (1,676) 704 (420) (787) (1,173) (1,512) (900) (4,792) (117) (134) (1,004) (350) 504 (19)

Total Operating Costs and Services

114,650

96,622

(18,028)

Total Administration

367,950

321,417

(46,533)

40,000

39,989

(11)

40,000

39,989

(11)

Fringe Benefits FICA Illinois Municipal Retirement Funds Flexible Benefit Plan Health/Life Insurance Total Fringe Benefits Operating Costs and Services Audit Staff Recruitment Business Meetings Board and Committee Expenses Noncapital Furniture, Equipment and Maintenance Dues and Subscriptions Duplication and Printing Insurance Liability Legal Leasehold Improvements Office Supplies Postage, Delivery and Messenger Service Professional Consultation Public Relations Rent Staff Expenses and Personnel Relations Telephone Travel and Training Unemployment Compensation Utilities Workers' Compensation

External Contracts and Programs Aspire Administrative Service - Early Intervention Total Aspire

(This statement is continued on the following pages.) - 54 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Final Budget EXPENDITURES (Continued) Community Mental Health (Continued) External Contracts and Programs (Continued) Pillars Child and Adolescent Mental Health Substance Abuse Group Homes Diagnostic Services Total Pillars Community Support Service Respite Case Management Total Community Support Service Family Service and Mental Health Adult and Family Behavorial Health Care Services Outpatient Mental Health, Psych Serv. and Emerg. Psych. Comprehensive Community Based Youth Services Empirical Treatment Training Wellness Initiative Network Total Family Service and Mental Health Hephzibah Children's Association Family Support Program Total Hephzibah Children's Association National Alliance for Mentally Ill Drop in Center Staff Position Total National Alliance for Mentally Ill Oak Leyden Developmental Services Early Intervention Program Administrative Services Total Oak Leyden Developmental Services Oak Park Township Senior Services Case Management Total Oak Park Township Senior Services P.A.D.S. Homeless MI Case Management Total P.A.D.S.

$

Variance Over (Under)

Actual

80,000 22,800 30,000

$

16,559 3,131 19,040

$

(63,441) (19,669) (10,960)

132,800

38,730

(94,070)

100,580 24,580

100,278 19,401

(302) (5,179)

125,160

119,679

(5,481)

54,730 202,775 10,000 13,500 15,000

54,678 202,717 10,000 12,350 15,000

(52) (58) (1,150) -

296,005

294,745

(1,260)

48,800

17,483

(31,317)

48,800

17,483

(31,317)

31,000 46,400

31,000 46,400

-

77,400

77,400

-

44,515 44,515

44,509 44,515

-

89,030

89,024

(6)

35,000

30,759

(4,241)

35,000

30,759

(4,241)

(6)

-

13

13

-

13

13

(This statement is continued on the following pages.) - 55 -

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Final Budget EXPENDITURES (Continued) Community Mental Health (Continued) External Contracts and Programs (Continued) Parenthesis Parenteen Parenting On Our Own Preemie and Newborn Parent Service Total Parenthesis

$

40,000 36,310 12,000

Variance Over (Under)

Actual

$

39,854 28,848 11,190

$

(146) (7,462) (810)

88,310

79,892

(8,418)

232,560

2,295 174 216 74,024

2,295 174 216 (158,536)

232,560

76,709

(155,851)

10,000 11,100 9,000

10,000 11,100 9,000

-

Total Sarah's Inn

30,100

30,100

-

Seguin Services Inc. Transitions from School Weekend Respite

17,200 15,000

7,630 5,331

(9,570) (9,669)

Total Seguin Services Inc.

32,200

12,961

(19,239)

Thresholds Community Support Services Medicaid Psychiatric Non-Medicaid

155,000 -

77,500 77,500

(155,000) 77,500 77,500

155,000

155,000

-

15,175

13,543

(1,632)

15,175

13,543

(1,632)

14,010

14,010

-

14,010

14,010

-

1,411,550

1,090,037

Program Development Employee Salaries FICA Illinois Municipal Retirement Funds Program Expansion Total Program Expansion Sarah's Inn Women's Services Women's Services Crisis Line Women's Services - Teen Dating Services

Total Thresholds Vital Bridges Supportive Case Management Total Vital Bridges Way Back Inn Grateful House Total Way Back Inn Total External Contracts and Programs

(This statement is continued on the following page.) - 56 -

(321,513)

OAK PARK TOWNSHIP, ILLINOIS SCHEDULE OF EXPENDITURES - BUDGET AND ACTUAL (Continued) COMMUNITY MENTAL HEALTH FUND For the Year Ended March 31, 2011

Final Budget EXPENDITURES (Continued) Community Mental Health (Continued) Other Charges Contingencies Research and Development Community Needs Assessment Local Funds Initiative Website/Network of Care

$

20,000 21,500 25,000 10,000 10,000

Variance Over (Under)

Actual

$

21,369 4,229 13,751 9,945

$

(20,000) (131) (20,771) 3,751 (55)

Total Other Charges

86,500

49,294

(37,206)

Capital Outlay Equipment and Furniture

6,000

5,480

(520)

Total Capital Outlay

6,000

5,480

(520)

TOTAL EXPENDITURES

$

1,872,000

(See independent auditor's report.) - 57 -

$

1,466,228

$

(405,772)

STATISTICAL SECTION This part of the Oak Park Township’s comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the Township’s overall financial health. Contents

Page

Financial Trends These schedules contain trend information to help the reader understand how the Township’s financial performance and well-being have changed over time.

58-62

Revenue Capacity These schedules contain information to help the reader assess the Township’s most significant local revenue source, the property tax.

63-66

Debt Capacity These schedules present information to help the reader assess the affordability of the Township’s current levels of outstanding debt and the Township’s ability to issue additional debt in the future.

67-68

Demographic and Economic Information These schedules offer demographic and economic indicators to help the reader understand the environment within which the Township’s financial activities take place.

69-70

Operating Information These schedules contain service and infrastructure data to help the reader understand how the information in the Township’s financial report relates to the services the Township provides and the activities it performs.

71-74

Sources: Unless otherwise noted, the information in these schedules is derived from the comprehensive annual financial reports for the relevant year. The Township implemented GASB Statement 34 in 2005; schedules presenting government-wide information include information beginning in that year.

OAK PARK TOWNSHIP, ILLINOIS NET ASSETS BY COMPONENT Last Seven Fiscal Years

Fiscal Year

2005

2006

2007

2008

2009

2010

2011

GOVERNMENTAL ACTIVITIES Invested in Capital Assets, Net of Related Debt Restricted Unrestricted

$

152,423 11,462 3,474,687

$

170,895 3,831,787

$

326,077 4,015,432

$

474,634 4,216,432

$

442,410 4,328 4,738,549

$

405,345 1,594,258 3,244,808

$

1,097,200 1,627,035 2,780,523

TOTAL GOVERNMENTAL ACTIVITIES

$

3,638,572

$

4,002,682

$

4,341,509

$

4,691,066

$

5,185,287

$

5,244,411

$

5,504,758

Note: The Township implemented GASB Statement No. 34 as of March 31, 2005. Information for prior year's is not available. Data Source Audited Financial Statements

- 58 -

OAK PARK TOWNSHIP, ILLINOIS CHANGE IN NET ASSETS Last Seven Fiscal Years

Fiscal Year EXPENSES Governmental Activities General Government Senior Services Youth Services General Assistance Community Mental Health

2005

$

Total Governmental Activities Expenses TOTAL PRIMARY GOVERNMENT EXPENSES PROGRAM REVENUES Governmental Activities Charges for Services General Government Senior Services Youth Services Community Mental Health Operating Grants Senior Services General Assistance Community Mental Health

661,686 1,345,766 589,431 285,153 1,448,568

2006

$

4,330,604

682,372 1,460,457 562,265 293,126 1,205,509

2007

$

4,203,729

654,574 1,550,780 566,914 411,372 1,362,516

2008

$

4,546,156

686,454 1,652,301 561,826 330,890 1,453,576

2009

$

4,685,047

753,927 1,737,341 596,940 300,600 1,542,455

2010

$

4,931,263

771,746 1,905,111 610,953 386,534 1,692,070

$

791,863 1,900,809 638,602 517,102 1,468,757

5,366,414

5,317,133 $ 5,317,133

$ 4,330,604

$

4,203,729

$

4,546,156

$

4,685,047

$

4,931,263

$

5,366,414

$

$

33,544 217,263 196,084 36,545

$

8,838 207,731 208,857 32,970

$

5,887 244,282 196,699 34,250

$

8,600 230,983 200,604 33,515

$

5,414 219,555 196,553 37,215

40,751 189,729 243,393 58,315

2011

$

16,734 215,423 207,083 -

609,383 15,651 294,204

613,180 13,059 49,742

685,992 39,996 -

734,091 4,675 26,402

1,001,452 19,345 72,428

930,197 17,597 47,306

875,759 574 110,911

Total Governmental Activities Program Revenues

1,451,426

1,159,417

1,184,384

1,246,286

1,566,927

1,453,837

1,426,484

TOTAL PRIMARY GOVERNMENT PROGRAM REVENUES

$ 1,451,426

1,453,837

$ 1,426,484

NET (EXPENSE) REVENUE Governmental Activities

$ (2,879,178) $ (3,044,312) $ (3,361,772) $ (3,438,761) $ (3,364,336) $ (3,912,577) $ (3,890,649)

TOTAL PRIMARY GOVERNMENT NET (EXPENSE) REVENUE

$ (2,879,178) $ (3,044,312) $ (3,361,772) $ (3,438,761) $ (3,364,336) $ (3,912,577) $ (3,890,649)

$

1,159,417

- 59 -

$

1,184,384

$

1,246,286

$

1,566,927

$

OAK PARK TOWNSHIP, ILLINOIS CHANGE IN NET ASSETS (Continued) Last Seven Fiscal Years

Fiscal Year GENERAL REVENUES AND OTHER CHANGES IN NET ASSETS Governmental Activities Taxes Property Personal Property Replacement Tax Increment Financing Investment Income Miscellaneous

2005

$ 2,987,975 72,090 29,322 64,734 38,038

2006

$

3,147,957 95,905 150,987 13,573

2007

$

3,408,422

3,298,242 104,600 33,234 261,365 3,158

2008

$

3,700,599

3,419,768 125,003 34,140 207,327 2,080

2009

$

3,788,318

3,608,810 112,091 39,933 91,419 1,256

2010

$

3,853,509

2011

3,784,099 102,081 50,406 34,542 573

$ 3,847,104 107,506 178,638 16,889 859

3,971,701

4,150,996 $ 4,150,996

Total Governmental Activities

3,192,159

TOTAL PRIMARY GOVERNMENT

$ 3,192,159

$

3,408,422

$

3,700,599

$

3,788,318

$

3,853,509

$

3,971,701

CHANGE IN NET ASSETS Governmental Activities

$

312,981

$

364,110

$

338,827

$

349,557

$

489,173

$

59,124

$

260,347

TOTAL PRIMARY GOVERNMENT CHANGE IN NET ASSETS

$

312,981

$

364,110

$

338,827

$

349,557

$

489,173

$

59,124

$

260,347

Note: The Township implemented GASB Statement No. 34 for the year ended March 31, 2005. Information for prior year's is not available. Data Source Audited Financial Statements

- 60 -

OAK PARK TOWNSHIP, ILLINOIS FUND BALANCES OF GOVERNMENTAL FUNDS Last Ten Fiscal Years

Fiscal Year GENERAL FUND Nonspendable Prepaid Expenditures Restricted for Retirement Assigned for Capital Improvements Capital Improvements - Senior Facilities Capital Improvements - Sustainability Vehicle Replacement Unassigned TOTAL GENERAL FUND OTHER GOVERNMENTAL FUNDS General Assistance Fund Restricted for Retirement General Assistance Total General Assistance Fund

2002

$

2003

251

$

2004

-

$

2005

-

$

2006

-

$

2007

203

$

15,030

$

170

$

6,529

$

2,120

$

1,450,138

1,540,924

500,000 1,195,385

500,000 1,633,196

500,000 1,895,279

700,000 50,000 1,763,763

900,000 80,000 1,674,524

1,125,000 75,000 105,000 1,757,610

1,320,000 75,000 105,000 1,841,959

750,000 75,000 80,000 1,956,915

$ 1,493,630

$ 1,613,966

$ 1,741,807

$ 2,140,763

$ 2,395,482

$ 2,528,793

$ 2,654,694

$ 3,069,139

$ 3,344,079

$ 2,872,419

$

$

$

$

$

$

$

$

$

$

428,301

424,257

372,806

201,986

127,705 127,705

159,170 159,170

3,645 261,921 265,566

4,328 452,517 456,845

-

10,504

7,567

201,986

-

2011

46,422

6,724 366,082

-

2010

73,042

7,134 417,123

-

2009

43,241

4,913 423,388

-

2008

3,378 520,161 523,539

-

465,152 465,152

Community Mental Health Fund Nonspendable Prepaid Expenditures Restricted for Retirement Community Mental Health

2,028 1,052,793

4,282 1,066,152

7,971 1,076,872

3,895 1,201,274

1,377,942

6,000 1,396,795

1,371,505

1,305,909

1,070,719

1,161,883

Total Community Mental Health Fund

1,054,821

1,070,434

1,084,843

1,205,169

1,377,942

1,402,795

1,371,505

1,305,909

1,070,719

1,162,133

TOTAL OTHER GOVERNMENTAL FUNDS

$ 1,483,122

$ 1,494,691

$ 1,457,649

$ 1,407,155

$ 1,505,647

$ 1,561,965

$ 1,637,071

$ 1,762,754

$ 1,594,258

$ 1,627,285

TOTAL TOWNSHIP

$ 2,976,752

$ 3,108,657

$ 3,199,456

$ 3,547,918

$ 3,901,129

$ 4,090,758

$ 4,291,765

$ 4,831,893

$ 4,938,337

$ 4,499,704

-

-

-

-

Data Source Audited Financial Statements

- 61 -

-

-

-

-

-

250

OAK PARK TOWNSHIP, ILLINOIS CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS Last Ten Fiscal Years

Fiscal Year REVENUES Taxes Investment Income Intergovernmental Charges for Services Miscellaneous

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

$ 2,697,206 110,604 1,106,021 155,260 3,470

$ 2,834,224 62,497 1,183,253 154,118 13,322

$ 2,857,263 46,186 1,216,920 170,125 5,605

$ 3,089,387 64,734 1,304,554 147,638 37,272

$ 3,243,862 150,987 1,023,168 136,259 13,563

$ 3,436,075 261,365 1,085,165 99,600 2,778

$ 3,578,911 207,327 1,154,616 91,638 2,112

$ 3,760,834 91,419 1,463,869 103,058 1,256

$ 3,936,586 34,542 1,359,164 94,673 573

$ 4,133,248 16,889 1,333,299 93,185 859

4,072,561

4,247,414

4,296,099

4,643,585

4,567,839

4,884,983

5,034,604

5,420,436

5,425,538

5,577,480

603,618 1,062,835 468,646 185,466 1,402,112 40,983

658,629 1,161,375 527,543 213,726 1,499,076 55,110

607,260 1,275,074 580,927 247,958 1,482,227 11,854

637,852 1,355,445 596,667 285,189 1,457,510 5,474

642,386 1,451,440 560,090 293,445 1,198,688 68,579

822,344 1,527,604 567,364 408,502 1,333,081 36,459

655,303 1,651,581 561,787 331,015 1,443,688 156,562

696,405 1,723,168 590,618 300,916 1,535,427 33,774

738,238 1,875,220 609,786 386,621 1,702,889 6,340

778,935 1,893,253 633,564 513,151 1,466,228 730,982

3,763,660

4,115,459

4,205,300

4,338,137

4,214,628

4,695,354

4,799,936

4,880,308

5,319,094

6,016,113

Total Revenues EXPENDITURES General Government Senior Services Youth Services General Assistance Community Mental Health Capital Outlay Total Expenditures NET CHANGE IN FUND BALANCES

$

308,901

$

131,955

$

90,799

$

305,448

$

Data Source Audited Financial Statements

- 62 -

353,211

$

189,629

$

234,668

$

540,128

$

106,444

$

(438,633)

OAK PARK TOWNSHIP, ILLINOIS ASSESSED VALUE AND ACTUAL VALUE OF TAXABLE PROPERTY Last Ten Levy Years

Residential Property

Levy Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

$

N/A N/A N/A N/A 990,112,717 1,278,320,173 1,261,527,766 1,318,955,662 1,481,774,036 1,614,981,734

Commercial Property

$

N/A N/A N/A N/A 155,496,995 192,881,315 190,327,210 206,980,812 242,639,846 214,161,689

Industrial Property

$

Total Taxable Assessed Value

N/A N/A N/A N/A 6,219,880 10,221,821 10,134,337 12,002,786 16,187,593 14,958,893

$

741,840,129 785,153,934 1,127,763,110 1,123,938,752 1,151,829,592 1,481,423,309 1,461,989,313 1,537,939,260 1,740,601,475 1,844,102,316

Total Direct Tax Rate $

0.350 0.354 0.253 0.267 0.276 0.226 0.241 0.238 0.222 0.213

Estimated Actual Taxable Value $

2,225,520,387 2,355,461,802 3,383,289,330 3,371,816,256 3,455,488,776 4,444,269,927 4,385,967,939 4,613,817,780 5,221,804,425 5,532,306,948

Notes: Property in Oak Park is reassessed each year. Property is assessed at 33% of actual value. Assessed values are established by Cook County. Information prior to 2004 for type of property and 2010 information was not available from Cook County at the time of printing. First the assessor determines the market value and then property is grouped according to use. Each group is then taxed at the following percentages of market value. Single family and apartments (6 units or less) 10% Unimproved 10% Not-for-profit 25% Apartment buildings (over 6 units) 16% Industrial 25% Commercial 25% Data Source Cook County Clerk

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Estimated Actual Taxable Value 33.333% 33.333% 33.333% 33.333% 33.333% 33.333% 33.333% 33.333% 33.333% 33.333%

OAK PARK TOWNSHIP, ILLINOIS PROPERTY TAX RATES - DIRECT AND OVERLAPPING GOVERNMENTS Last Ten Levy Years

Tax Levy Year Tax Rates*

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

TOWNSHIP DIRECT RATES Town General Assistance Mental Health

0.192 0.024 0.134

0.194 0.025 0.135

0.139 0.017 0.097

0.157 0.008 0.102

0.154 0.017 0.105

0.118 0.025 0.083

0.126 0.028 0.087

0.124 0.030 0.084

0.120 0.025 0.077

0.115 0.024 0.074

Total Direct Rates

0.350

0.354

0.253

0.267

0.276

0.226

0.241

0.238

0.222

0.213

1.675 0.687 0.824 0.069 0.000 0.008 0.415 0.013 7.962 0.256

1.651 0.835 0.746 0.067 0.032 0.007 0.401 0.013 8.584 0.250

1.186 0.583 0.690 0.061 0.000 0.006 0.371 0.011 6.355 0.178

1.221 0.607 0.630 0.059 0.029 0.004 0.361 0.012 6.725 0.197

1.288 0.615 0.593 0.060 0.000 0.001 0.347 0.012 7.014 0.201

1.066 0.503 0.533 0.060 0.014 0.005 0.315 0.011 6.004 0.397

1.119 0.521 0.500 0.057 0.000 0.005 0.284 0.012 6.281 0.435

1.130 0.510 0.446 0.053 0.012 0.000 0.263 0.012 6.131 0.447

1.107 0.456 0.415 0.051 0.000 0.000 0.252 0.012 5.638 0.412

1.123 0.444 0.394 0.049 0.021 0.000 0.261 0.011 5.338 0.424

11.909

12.586

9.441

9.845

10.131

8.908

9.214

9.004

8.343

8.065

OVERLAPPING RATES Village of Oak Park Oak Park Public Library Cook County Forest Preserve Districts Consolidated Elections Suburban TB Sanitarium Metro Water Reclamation District Des Plaines Valley Mosquito District School Districts Park District Total Overlapping Rates TOTAL DIRECT AND OVERLAPPING RATES

12.259

12.940

9.694

10.112

*Property tax rates are per $100 of assessed valuation. 2010 information was not available from Cook County at the time of printing. Data Source Cook County Clerk

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10.407

9.134

9.455

9.242

8.565

8.278

OAK PARK TOWNSHIP, ILLINOIS PROPERTY TAX LEVIES AND COLLECTIONS Last Ten Levy Years and Corresponding Fiscal Year

Levy Year

Fiscal Year*

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Collected prior to the Fiscal Year of the Levy Percentage of Amount Levy

Tax Levied $

2,779,469 2,853,261 3,000,938 3,179,049 3,385,687 3,348,017 3,527,350 3,699,579 3,941,417 4,033,993

$

N/A N/A N/A N/A N/A N/A N/A N/A 1,875,959 939,342

N/A N/A N/A N/A N/A N/A N/A N/A 47.60% 23.29%

*Township fiscal year is April 1 to March 31. Note: Property in Oak Park is reassessed every three years. Property is assessed at 33% of actual value. N/A - Information is not available. Data Source Cook County Clerk

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Collected within the Fiscal Year of the Levy Percentage of Amount Levy N/A N/A N/A N/A N/A N/A N/A N/A 1,971,145 N/A

N/A N/A N/A N/A N/A N/A N/A N/A

$

50.01% N/A

Total Net Collections to Date Percentage of Amount Levy 2,739,533 2,753,657 2,987,975 3,147,957 3,298,242 3,419,767 3,608,810 3,784,099 3,847,104 N/A

98.56% 96.51% 99.57% 99.02% 97.42% 102.14% 102.31% 102.28% 97.61% N/A

OAK PARK TOWNSHIP, ILLINOIS PRINCIPAL PROPERTY TAXPAYERS Current and Nine Years Ago

Name of Company Oak Park Hospital Medical Office Building Greenplan Property Management, Inc. HCP AM Illinois LLC 100 Forest Place Oak Park Residence Corp 1120 Club, LLC Whiteco Project R.P. Fox & Associates Inc. Oak Park Healthcare Center Shaker and Associates Harlem and Lake Taxman Project - DTOP

2009 Percentage of Total Assessed Type of Business Rank Assessed Value Valuation

Medical Facility Residential Management Residential Management Residential Management Real Property Residential Management Residential Management Medical Facility Real Property

1

Real Property

$

2000 Percentage of Total Assessed Assessed Value Valuation

3,837,571

0.21%

N/A

N/A

2

3,471,159

0.19%

N/A

N/A

3

2,435,609

0.13%

N/A

N/A

4 5

2,339,047 2,212,418

0.13% 0.12%

N/A N/A

N/A N/A

6

1,969,175

0.11%

N/A

N/A

7 8 9

1,849,870 1,768,840 1,732,848

0.10% 0.10% 0.09%

N/A N/A N/A

N/A N/A N/A

10

1,556,146

0.08%

N/A

N/A

$ 23,172,683

1.26%

Note: Every effort has been made to seek out and report the largest taxpayers. However, many of the taxpayers listed contain multiple parcels and it is possible that some parcels and their valuations have been overlooked. 2010 information was not available from Cook County at the time of printing. Data Source Office of the Cook County Clerk

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OAK PARK TOWNSHIP, ILLINOIS DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT March 31, 2011

Net Outstanding Debt

Governmental Unit Oak Park Township

$

-

Village of Oak Park School District #97 Park District of Oak Park School District #200 Community College District #504 Des Plaines Valley Mosquito Abatement District Consolidated Elections Suburban Tuberculosis Sanitarium Metropolitan Water Reclamation District Cook County Cook County Forest Preserve

68,430,299 30,750,000 20,054,816 1,979,203,000 3,184,830,000 108,665,000

Total Overlapping Debt

5,391,933,115

Total Direct and Overlapping Debt

$

(1) Percentage of Estimated Share of Debt Applicable to Overlapping Debt Township 0.00% $ 100.00% 100.00% 100.00% 74.18% 17.01% 15.02% 1.97% 0.00% 1.09% 1.04% 1.04%

5,391,933,115

68,430,299 30,750,000 14,876,663 21,573,313 33,122,232 1,130,116 169,882,623

$

169,882,623

(1) The percentage of overlapping debt applicable is estimated using 2009 taxable assessed property values. Applicable percentages were estimated by determining the portion of the Township's taxable value that is within the government's boundaries and dividing it by the overlapping government's total taxable assessed value.

Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the Township. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of Oak Park. This process recognizes that, when considering the government's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident and, therefore, responsible for repaying the debt, of each overlapping government. Data Source Cook County Clerk Village of Oak Park School District #97 School District #200

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OAK PARK TOWNSHIP, ILLINOIS LEGAL DEBT MARGIN Last Ten Levy Years and Corresponding Fiscal Year

Levy Year Fiscal Year

2000 2001

2001 2002

2002 2003

2003 2004

2004 2005

2005 2006

2006 2007

2007 2008

2008 2009

2009 2010

Equalized Assessed Valuation

$ 741,840,129

$ 785,153,934

$ 1,127,763,110

$ 1,123,938,572

$ 1,151,829,592

$ 1,481,423,309

$ 1,461,989,313

$ 1,537,939,260

$ 1,740,601,475

$ 1,844,102,316

Statutory Debt Limitation: 2.875% of Assessed Valuation

$

$

$

$

$

$

$

$

$

$

21,327,904

22,573,176

32,423,189

32,313,234

33,115,101

42,590,920

42,032,193

44,215,754

50,042,292

53,017,942

The Township has no debt. The Local Government Debt Limitation Act 50 ILCS 405/1 governs the debt limit of the Township. The Act sets the limit of debt for the Township, including existing indebtedness at 2.875% on the value of the taxable property within the Township. The value of taxable property is ascertained by the last assessment for State and county taxes. 2010 equalized assessed valuation was not available from Cook County at the time of printing. Data Source Cook County Clerk

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OAK PARK TOWNSHIP, ILLINOIS DEMOGRAPHIC AND ECONOMIC INFORMATION Last Ten Years and Corresponding Fiscal Years

Year

Fiscal Year

(1) Median Age

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00

(1,2) Population

(1) Personal Income

52,524 $ 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160 52,524 1,908,722,160

Data Sources (1) 2000 U.S. Census Bureau (2) 2006 U.S. Census Bureau Estimate (2) School Districts 97 and 200 (3) U.S. Bureau of Labor Statistics

- 69 -

(1) Per Capita Income $

36,340 36,340 36,340 36,340 36,340 36,340 36,340 36,340 36,340 36,340

(3) School Enrollment 8,100 8,100 8,100 8,100 8,900 8,311 8,311 8,211 8,731 9,276

(4) Unemployment Rate 3.60% 4.60% 5.00% 4.60% 4.30% 3.10% 3.10% 6.50% 7.80% 8.00%

OAK PARK TOWNSHIP, ILLINOIS PRINCIPAL EMPLOYERS Current Year and Seven Years Ago

2011

Employer

Employees

Rank

2004 Percentage of Oak Park Population

Employees

Rank

Percentage of Oak Park Population 3.81% 1.54% 1.14% 0.80% 0.38% 0.91% 0.63% N/A 0.27% 0.36% 0.20% 0.34% 0.29% N/A 0.57% N/A N/A

West Suburban Hospital Medical Center Rush Oak Park Hospital School District # 97 (Grades K - 8) High School District # 200 Park District of Oak Park Village of Oak Park Jewel/Osco* West Cook YMCA Hepzibah Children's Association AT&T Fenwick High School United States Postal Service* Dominick's Finer Foods Belmont Village US Bank Holley Court Terrace Oak Park Arms Shaker Recruitment Advertising & Communications

1,416 928 802 570 409 370 198 150 138 136 135 122 107 100 99 80 71

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

2.70% 1.77% 1.53% 1.09% 0.78% 0.70% 0.38% 0.29% 0.26% 0.26% 0.26% 0.23% 0.20% 0.19% 0.19% 0.15% 0.14%

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

1 2 3 5 8 4 6 N/A 13 10** 14 11 12 N/A 7*** N/A N/A

66

18

0.13%

N/A

9

TOTAL

5,897

11.25%

N/A - Information not available * Number of employees was not reported in 2004. ** In 2004 the telephone provider in Oak Park was OBC. *** In 2004 Park National Bank was ranked #7. Park National Bank was bought out by US Bank at a later date. Data Source Oak Park Development Corporation

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0.34% 11.58%

OAK PARK TOWNSHIP, ILLINOIS FULL-TIME EQUIVALENT EMPLOYEES Last Ten Fiscal Years

Function/Program

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

GENERAL GOVERNMENT Administration Clerk Assessor Building Services Meals at Home

4.600 0.000 1.250 1.230 0.330

4.600 0.000 1.250 1.150 0.330

4.600 0.000 1.250 1.150 0.330

4.600 0.030 1.250 1.150 0.400

4.490 0.030 1.250 1.150 0.230

4.600 0.080 1.500 1.150 0.000

4.788 0.100 1.200 0.867 0.000

5.750 0.150 1.200 0.650 0.000

5.250 0.150 1.100 1.000 0.000

5.010 0.150 1.100 1.000 0.000

TOTAL GENERAL GOVERNMENT

7.410

7.330

7.330

7.430

7.150

7.330

6.955

7.750

7.500

7.260

SENIOR SERVICES Administration Program Managers Food Service Workers Bus Drivers Case Managers

4.000 3.000 2.760 3.800 7.380

4.000 3.000 2.760 3.800 7.450

4.000 3.000 3.125 3.800 7.950

4.000 3.000 3.125 3.800 7.950

4.000 3.000 3.125 3.800 8.000

3.500 3.000 3.125 3.800 9.000

3.950 2.750 3.125 3.800 9.625

3.950 2.750 3.575 3.800 9.625

3.950 2.750 3.575 3.800 10.625

3.950 2.750 3.575 3.800 10.625

20.940

21.010

21.875

21.875

21.925

22.425

23.250

23.700

24.700

24.700

YOUTH SERVICES Administration Interventionist

3.000 3.000

3.000 3.000

3.000 3.000

3.000 3.000

3.000 3.000

3.000 2.625

2.000 3.000

2.000 3.000

2.000 3.000

2.000 3.000

TOTAL YOUTH SERVICES

6.000

6.000

6.000

6.000

6.000

5.625

5.000

5.000

5.000

5.000

GENERAL ASSISTANCE

1.350

1.350

1.350

1.350

1.550

1.550

1.550

1.550

1.550

2.440

COMMUNITY MENTAL HEALTH Administration Case Managers

3.700 5.000

3.700 4.600

3.700 4.600

3.700 4.600

2.200 4.500

3.500 0.000

2.600 0.000

3.600 0.000

3.600 0.000

2.600 0.000

TOTAL COMMUNITY MENTAL HEALTH

8.700

8.300

8.300

8.300

6.700

3.500

2.600

3.600

3.600

2.600

44.400

43.990

44.855

44.955

43.325

40.430

39.355

41.600

42.350

42.000

TOTAL SENIOR SERVICES

TOTAL TOWNSHIP

Data Source Township Personnel Information

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OAK PARK TOWNSHIP, ILLINOIS OPERATING INDICATORS Last Ten Fiscal Years

Fiscal Year GENERAL GOVERNMENT Administration Financial Reports Produced Voters Registered to Vote Employee Orientations Clerk - Board Meeting Minutes Assessor - Tax Appeals Filed Building Services - Building Repairs REVISED GENERAL GOVERNMENT Produce Error Free Financial Reports Revision of Personnel Policies Clerk - Maintain Efficient Records System Building Services - Safe and Clean Facility Risk Management - Emergency Planning

SENIOR SERVICES Information and Assistance Referrals Dining Programs Congregate Lunches Served Home Delivered Meals Dine Out Coupons Used Case Management Hours Transportation - Bus Trips REVISED SENIOR SERVICES Educating Seniors and Linking them to Services Meeting Social and Nutrition Needs with on Site Dining Meet Nutrition Needs of Homebound Residents Meet Social needs of Younger Seniors

Provide Services that Promote Independent Living Provide Access to Transportation for Seniors

2002

98 350 13 30 163 21

2003

98 87 5 26 700 25

2004

2005

100 105 12 29 300 71

110 283 6 21 700 52

FY 07 FY 08 Turn Over in Staff Interferred Significant Improvement Made During with Accomplishing this FY 08. Not Accomplished. Not Accomplished. Established System of Record Keeping. 100% of Scheduled and Preventative Maintenance Procedures for Fire and Severe Weather Established.

Continued to Maintain New System of Record Keeping. 100% of Scheduled and Preventative Maintenance Completed. Fire and Severe Weather Procedures Followed.

2006

2007

240 44 11 20 1,335 60

N/A N/A N/A N/A 325 N/A

2008

N/A N/A N/A N/A 275 N/A

2009

N/A N/A N/A N/A 1,765 N/A

2010

N/A N/A N/A N/A 1,765 N/A

2011

N/A N/A N/A N/A 338 N/A

FY 09 FY 10 94% of Reports were Error Free on the First 94% of Reports were Error Free on the First Run. Run. Not Accomplished. New Personnel Policies Adopted and Effective January 1, 2010. Continue to Maintain New System of Continue to Maintain New System of Record Keeping. Record Keeping. 100% of Scheduled and Preventative 100% of Scheduled and Preventative Maintenance Maintenance Completed. Completed. Fire and Severe Weather Drills were Fire and Severe Weather Procedures Followed. Delayed Due to Staff Vacancies.

N/A

4,240

4,100

4,100

4,300

4,798

N/A

N/A

N/A

N/A

N/A N/A N/A N/A N/A

17,600 25,800 4,680 1,700 29,500

14,300 19,100 5,300 2,025 26,000

13,620 21,687 8,000 2,723 29,670

14,250 23,250 7,300 2,900 31,000

12,250 28,872 10,647 2,885 34,776

N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A

N/A N/A N/A N/A N/A

FY 07 100% of Seniors Received Some 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals. 100% of Clients Participating in Meal Programs Met 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals. 95% of Clients Receiving Services 86% of Rides Provided Enhanced Quality

FY 11 94% of Reports were Error Free on the First Run. Revisions Implemented for Personnel Policies in FY11. New System of Record Keeping Maintained. 100% of Scheduled and Preventative Maintenance Completed. Fire and Severe Weather Procedures Followed.

FY 08 100% of Seniors Received Some Information. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

FY 09 99% of Seniors are Given Accurate and Appropriate Referrals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

FY 10 99% of Seniors were Given Accurate and Appropriate Referrals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

FY 11 99% of Seniors were Given Accurate and Appropriate Referrals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

100% of Clients Participating in Meal Programs Met Nutritional Goals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals. 95% of Clients Receiving Services Maintain Independent Living. 86% of Rides Provided Enhanced Quality of Life.

100% of Clients Participating in Meal Programs Met Nutritional Goals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals. 97% of Clients Receiving Services Maintain Independent Living. 87% of Rides Provided Enhanced Quality of Life.

100% of Clients Participating in Meal Programs Met Nutritional Goals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

100% of Clients Participating in Meal Programs Met Nutritional Goals. 100% of Clients Participating in Meal Programs Met Socialization and Nutritional Goals.

98% of Clients Receiving Services Maintain Independent Living. 88% of Rides Provided Enhanced Quality of Life.

98% of Clients Receiving Services Maintain Independent Living. 88% of Rides Provided Enhanced Quality of Life.

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OAK PARK TOWNSHIP, ILLINOIS OPERATING INDICATORS (Continued) Last Ten Fiscal Years

Fiscal Year

2002

YOUTH SERVICES Administration - Programs Funded Interventionist - Gang Incidents REVISED YOUTH SERVICES Educate Community with PSAs

Increase Collaboration with School Districts

GENERAL ASSISTANCE Active Unduplicated Cases

N/A N/A

2003

2004 38 2

2005 41 3

2006 41 2

2007 44 2

36 4

FY 07 Successfully Completed a PSA to Show on Local Television.

FY 08 Fivs PSA's Written via Subcommittee. None Taped to Date.

Success in Increasing Communication Among Local Agencies.

Maintained and Renewed Existing Maintained and Renewed Existing Collaborations. Attempted to Engage Local Collaborations. Universities with Split Results.

N/A

N/A

N/A

67

70

69 FY 07

N/A

N/A

N/A

2009

N/A N/A

FY 09 None Taped to Date. Collaboratin to Complete PSA's has been Delayed.

REVISED GENERAL ASSISTANCE Clients Benefitting from a Network of Supportive Community Services Residents Connected to Assistance Programs through General Assistance COMMUNITY MENTAL HEALTH Program or Service Evaluation

2008

N/A

42

2010

N/A N/A

Township Records

- 73 -

N/A N/A

N/A N/A

FY 10 None Taped to Date. Current Plan is to Create PSAs Focused on Mentoring for FY11. Maintained and Renewed Existing Collaborations.

N/A FY 08

N/A FY 09

N/A FY 10

N/A FY 11

58

90

110

140

214

800

1,000

1,200

1,808

2,690

41

41

42

42

29

Note: In FY 07 an effort was made to revise the performance measurements to reflect quality of services rather than quantity. The qualitative performance measurements are shown above. Data Source

2011

FY 11 None Taped in FY11.

Revised Agreement to Strengnthen Collaborations. Maintained and Renewed 90% of Existing Collaborations.

OAK PARK TOWNSHIP, ILLINOIS CAPITAL ASSETS STATISTICS Last Ten Fiscal Years

Fiscal Year

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

Facilities Owned Leased

1 1

1 1

1 1

1 1

1 1

1 1

1 2

1 2

1 2

2 2

Para-Transit Buses Vehicles

1 1

1 1

1 1

1 1

1 1

1 1

1 1

1 1

1 1

1 1

Data Source Township Records

- 74 -