Finances

Financial Policies of the Medinah Park District

The Board of Park Commissioners recognizes its responsibility to assure insofar as possible, the financial stability of the district, the maintenance of accurate and accessible financial records, and proper safeguards that protect the financial assets of the district.  This is coupled with a need to operate the services and programs of the district in an efficient and effective fashion, and to not unduly encumber itself so as to impede progress. 

Please revisit this section of our website in the future for information and updates related to the financial picture of the Medinah Park District.

Budget and Appropriations Ordinances 

• 2020 Fiscal Year Budget and Appropriations - 2020 Budget and Appropriations

• 2019 Fiscal Year Budget and Appropriations - 2019 Budget & Appropriations

• 2018 Fiscal Year Budget and Appropriations - 2018 Budget and Appropriations

• 2017 Fiscal Year Budget and Appropriations - 2017 Budget & Approprations
   
• 2016 Fiscal Year Budget and Appropriations - 2016 Budget & Appropriations

• 2015 Fiscal Year Budget and Appropriations - 2015 Budget & Appropriations

• 2014 Fiscal Year Budget and Appropriations - 2014 Budget & Appropriations

Annual Park District Financial Audit 

• 2019 Fiscal Year Audit - 2019 Fiscal Year Audit

• 2018 Fiscal Year Audit - 2018 Fiscal Year Audit

• 2017 Fiscal Year Audit - 2017 Fiscal Year Audit - Corrected

• 2016 Fiscal Year Audit - 2016 Fiscal Year Audit

• 2015 Fiscal Year Audit - 2015 Fiscal Year Audit
  
  
• 2014 Fiscal Year Audit - 2014 Fiscal Year Audit
  

Annual Park District Tax Levy

• 2019 Fiscal Year Tax Levy - 2019 Fiscal Yr. Tax Levy

• 2018 Fiscal Year Tax Levy - 2018 Fiscal Yr. Tax Levy
• 2017 Fiscal Year Tax Levy - 2017 Fiscal Year Tax Levy
• 2016 Fiscal Year Tax Levy - 2016 Fiscal Year Tax Levy
  

Annual Park District Fiscal Budgets

• 2020 Fiscal Year Budget - 2020 Fiscal Year Budget

IMRF (Illinois Municipal Retirement Fund) LINK:

In compliance with Illinois Public Act 101-0504, the Medinah Park District provides the following link to the Illinois Municipal Retirement Fund web page which shows certain employer costs and participant information.  You can visit this web page by clicking on this link: IMRF Employer Cost and Participation Information.  Please scroll down the link page to the Employer Cost and Participation Information.

Certificate of Achievement

The Medinah Park District was awarded The Certificate of Achievement for Excellence in Financial Reporting for its fiscal year ending December 31, 2018 by the Government Finance Officers Association (GFOA) for its Comprehensive Annual Financial Report (CAFR).  The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting and its attainment represents a significant accomplishment by a government and its management.