Chief Fiscal Officer’s Certificate Of Revenues by Source
Fountaindale Public Library District
Will and Du Page Counties, Illinois
For Fiscal Year July 1, 2026 to June 30, 2027
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, 2026 and ending June 30, 2027 to be as follows:
Estimated Available Revenue
Estimated Cash on Hand July 1, 2026
Cash in the Working Cash Fund: $2,093,773
Cash in the Special Reserve Fund: $22,857,876
Cash in the General Corporate Fund: $10,081,554
Cash in the Audit Fund: $12,128
Cash in the Liability Insurance Fund: $70,590
Cash in the FICA Fund: $80,894
Cash in the Illinois Municipal Retirement Fund: $218,575
Cash in the Building Maintenance Fund: $135,015
Total Estimated Cash on Hand: $35,550,405
Cash to be received from 2025 general corporate, municipal retirement, liability insurance, audit, and building maintenance tax levies:
Cash to be received from 2025 levy
Balance, Corporate Tax Levy: $5,159,330
Balance, Audit Tax Levy: $10,885
Balance, Liability Insurance Tax Levy: $62,198
Balance, FICA Tax Levy: $174,155
Balance, Illinois Municipal Retirement Tax Levy: $129,061
Balance, Building Maintenance Tax Levy: $236,353
Total Cash to be received from 2025 Levy: $5,771,982
Cash to be received from the 2026 general corporate, municipal retirement, liability
insurance, audit, and building maintenance tax levies:
Cash to be received from 2026 levy
General Corporate Tax Levy: $10,407,957
Audit Tax Levy: $21,958
Liability Insurance Tax Levy: $125,473
FICA Tax Levy: $351,323
Illinois Municipal Retirement Tax Levy: $260,356
Building Maintenance Tax Levy: $476,796
Total 2026 Levy: $11,643,863
To be Collected after close of Fiscal Year: $6,054,809
To be Received during Fiscal Year: $5,589,054
Other Income:
Personal Property Replacement Tax: $125,000
State Per Capita Grant: $113,983
Interest: $225,100
Fees: $10,000
Copy Machines/Printing/Fax: $15,000
Miscellaneous Income: $7,000
Donations / Gifts / Grants: $10,000
Back Taxes and Adjustments: $5,400
Fund Transfer In: $5,260,000
Total Other Income: $5,771,483
Total Estimated Cash Available During the Year including Special Reserve Fund, Working Cash Fund and Bond Proceeds: $52,682,924
Note: In addition to the foregoing, there is presently $2,131,297 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, 2026: $2,131,296
Cash to be received from 2025 Tax Levy: $1,559,099
Cash to be received from 2026 Tax Levy: $1,658,208
Total: $5,348,603
/s/ Paul Mills
Executive Director
Dated: September 17, 2026