Chief Fiscal Officer’s Certificate of Revenues by Source
Chief Fiscal Officer’s Certificate Of Revenues by Source
Fountaindale Public Library District
Will and Du Page Counties, Illinois
For Fiscal Year July 1, 2025 to June 30, 2026
I, Paul Mills, do hereby certify as follows:
I am the Chief Fiscal Officer of the FOUNTAINDALE PUBLIC LIBRARY DISTRICT, Will and DuPage Counties, Illinois.
I estimate the revenues by source of said District for the fiscal year beginning July 1, 2025 and ending June 30, 2026 to be as follows:
Estimated Available Revenue
Estimated Cash on Hand July 1, 2025
Cash in the Working Cash Fund: $1,236,377
Cash in the Special Reserve Fund: $23,521,844
Cash in the General Corporate Fund: $7,499,941
Cash in the Illinois Municipal Retirement Fund: $341,581
Total Estimated Cash on Hand: $32,599,743
Cash to be received from 2024 general corporate, municipal retirement, liability insurance, audit, and building maintenance tax levies:
Cash to be received from 2024 levy
Balance, Corporate Tax Levy: $4,691,351
Balance, Audit Tax Levy: $5,420
Balance, Liability Insurance Tax Levy: $43,363
Balance, FICA Tax Levy: $166,676
Balance, Illinois Municipal Retirement Tax Levy: $24,392
Balance, Building Maintenance Tax Levy: $218,170
Total Cash to be received from 2024 Levy: $5,149,372
Cash to be received from the 2025 general corporate, municipal retirement, liability insurance, audit, and building maintenance tax levies:
Cash to be received from 2025 levy
General Corporate Tax Levy: $10,252,557
Audit Tax Levy: $11,846
Liability Insurance Tax Levy: $94,766
FICA Tax Levy: $364,257
Illinois Municipal Retirement Tax Levy: $53,306
Building Maintenance Tax Levy: $476,792
Total 2025 Levy: $11,253,524
To be Collected after close of Fiscal Year: $5,851,832
To be Received during Fiscal Year: $5,401,691
Other Income:
Personal Property Replacement Tax: $140,000
State Per Capita Grant: $98,897
Interest: $225,110
Fees: $10,500
Copy Machines/Printing/Fax: $15,000
Miscellaneous Income: $7,000
Donations/ Gifts/ Grants: $260,400
Back Taxes and Adjustments: $5,400
Total Other Income: $762,307
Total Estimated Cash Available During the Year including Special Reserve Fund, Working Cash Fund and Bond Proceeds: $43,913,113
Note: In addition to the foregoing, there is presently $2,031,207 on hand in the Library Building Bond and Interest Fund. It is estimated that the following amounts will be received during the fiscal year to pay principal and interest on the September 14, 2016 issue of $9,775,000, December 11, 2018 issue of $10,545,000 and the November 25, 2019 issue of $7,290,000.
Bond Notation
Balance on hand July 1, 2025: $2,031,207
Cash to be received from 2024 Tax Levy: $1,691,470
Cash to be received from 2025 Tax Levy: $1,558,464
Total: $5,281,141
/s/ Paul Mills
Executive Director
Dated: September 18, 2025