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Financial Information

Financial Introduction

It is a priority of Mundelein Park & Recreation District (MPRD) to sustain long-term financial strength. For the past 9 years, MPRD has received a Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

MPRD has managed a balanced budget for many years and continues that financial policy through all economic conditions. The Park District’s main revenue sources are fees and charges for services and property taxes. MPRD has a policy that determines a goal of no more than 45% of revenue will be realized from property taxes in funds that are restricted by the tax cap.  This revenue diversity is very important to the continued financial strength of the Park District. MPRD also relies on grants/intergovernmental agreements and developer impact fees to fund its capital growth. In 2020, MPRD Park District collected a total of $8.7M in revenue.

Additionally, the Park District spent $7.6M on operating expenditures with an additional $817K spent on capital projects and $501K on debt service during this past year. MPRD is committed to using our financial resources while “Connecting our Community”.

The following files showcase Mundelein Park & Recreation District’s annual budget as well as budget and appropriation ordinance. Please note: These files are large and may take a few minutes to download and open.

MPRD is required to adopt and publicly post the prevailing wage ordinances every June. To view the rates, visit the Illinois Department of Labor website.

In compliance with Section 7.3 of the Open Meetings Act, effective January 1, 2012, employers participating in the Illinois Municipal Retirement Fund must post a physical copy of the compensation package that exceeds $75,000 per year. On May 10, 2021, the Board will approve the Executive Director’s Compensation.  Please contact Tracie Ouimet, touimet@mundeleinparks.org, or Ron Salski, rsalski@mundeleinparks.org with any questions related to the total compensation information.

In 2019, the Illinois General Assembly passed Public Act 101-0504. The law requires Illinois Municipal Retirement Fund (IMRF) to post certain employer cost and participation information on its website. IMRF will update these reports annually.

Mundelein Park & Recreation District is empowered by the State of Illinois to levy and collect taxes on all taxable properties within the district. The following files show MPRD’s tax levy ordinance for the given year.

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Mundelein Park & Recreation District

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