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05-19-2015_Meeting AgendaJl e ➢ ➢ 2. 3m 4, FY 2015 Mid -Year Budget review Country Club: Net Revenue /Expense = $63 9,943 (Last Year= $498,430; increase of $141,513) General Fund: Net Revenue/Expense = $4,780,098 (Last Year = $4,587,777; increase of $192,321) Tax distribution schedule Actual Receipt as % of Total Ad- Valorem = 93.91 % ➢ Actual Receipts as % of Budgeted Ad- Valorem = 98.85% Village Investment Policy Update ➢ Total Amount Transferred for investments as core funds = $8,409,872 Amount transferred is 42% of the FY 2015 General Fund Budget ➢ Market Value at mid year is $8,946,712.63 (Market Value increase = $536,840.63) Strategic planning for the Village S.W.O.T. (Strengths, Weaknesses, Opportunities & Threats) Village Mission Statement, Vision Statement & Core Values Council's FY 2016 Goals & Objectives Review of Goals & Objectives and revise where appropriate... FY 2016 -2020 CIP Review Provide CIP Recap Provide 5 -year CIP Plan Summary Provide FY 2015 Capital Outlay Projects List in priority order Provide Developer Contribution Recap I Tonight's Meeting Ag FY 2015 Mid -Year Budget review Country Club: Net Revenue /Expense = $63 9,943 (Last Year= $498,430; increase of $141,513) General Fund: Net Revenue/Expense = $4,780,098 (Last Year = $4,587,777; increase of $192,321) Tax distribution schedule Actual Receipt as % of Total Ad- Valorem = 93.91 % ➢ Actual Receipts as % of Budgeted Ad- Valorem = 98.85% Village Investment Policy Update ➢ Total Amount Transferred for investments as core funds = $8,409,872 Amount transferred is 42% of the FY 2015 General Fund Budget ➢ Market Value at mid year is $8,946,712.63 (Market Value increase = $536,840.63) Strategic planning for the Village S.W.O.T. (Strengths, Weaknesses, Opportunities & Threats) Village Mission Statement, Vision Statement & Core Values Council's FY 2016 Goals & Objectives Review of Goals & Objectives and revise where appropriate... FY 2016 -2020 CIP Review Provide CIP Recap Provide 5 -year CIP Plan Summary Provide FY 2015 Capital Outlay Projects List in priority order Provide Developer Contribution Recap I