Budget and Financial Reports
Through sound financial operations and strong leadership from the management staff and the Park Board of Commissioners, the Dundee Township Park District remains financially stable.
The District maintains its financial strength by following conservative fiscal policies that allow the District to provide our residents with high-quality facilities and programs.
The Park District has been able to sustain its long-term financial health and retain adequate contingent resources. The District will continue its fiscal responsibility, using its financial resources wisely to ensure the delivery of the highest quality parks, recreation facilities, and various programs to the community.
Financial questions can be directed to Greg Gannon, Director of Finance, (847) 844-7085, ext 1000, or ggannon@dtpd.org.
Please click the links below for more information about the Park District's budget and financial reports.
I. Annual Comprehensive Financial Reports
II. Budget & Appropriations Ordinances
III. IMRF Employer Cost and Participation Information
Per Public Act 101-504, amending the Illinois Pension Code (40 ILCS 5/7-135.5), as a participating member in the Illinois Municipal Retirement Fund (IMRF), the Dundee Township Park District is required to provide the link below to IMRF's website pertaining to information regarding IMRF's employer cost and participation.
View this information on the IMRF website.
IV. Open Meetings Act, Section 7.3
The Dundee Township Park District maintains a competitive compensation and benefits program in order to attract and retain capable, career-oriented employees. The Park District staff, under the direction of the Park Board of Commissioners, conducts periodic compensation studies to ensure that our wages and benefits are both competitive and fiscally responsible.
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 for each employee that exceeds $75,000 per year. This information for employees of the Dundee Township Park District will be posted at the Administration Building, 21 N. Washington Street, Carpentersville, Illinois. Hours of operation are Monday through Friday, 9:00 am until 3:00 pm.
V. Illinois Prevailing Wage Act
In accordance with the Illinois Prevailing Wage Act, the Dundee Township Park District (Park District) has made a determination of the prevailing rates of wages to be paid laborers, mechanics and other workers employed in public works projects for the Park District. The Park District has determined that the prevailing rates of wages are the wage rates for Kane and Cook Counties, as determined by the Illinois Department of Labor.
A copy of the determination is available for public inspection in the Park District's business office located at 21 North Washington Street, Carpentersville, IL 60110-2695. Copies are also available upon request by calling the Park District at (847) 428-7131 x4003.
Dundee Township Park District Financial Review
January 17, 2024
The financial review was part of the board meeting held on Wednesday, January 17, at 7:00 pm. The information shared gave a top-level view of park district finances to help the community better understand the financial laws and statutes affecting Illinois park districts.
Topics to Included:
- Resident Tax Bill
- History of EAV (Equalized Assessed Valuation)
- Tax Cap Law
- Fund Balance Policy
- Aquatic Subsidies History
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DTPD Capital Projects
Frequently Asked Questions
Q: How many households vs. commercial/industrial buildings are within the Dundee Township? What is the total equal assessed valuation (EAV) of each?
A: There are approximately 25,000 households and a population of 64,000 residents within Dundee Township. Of the approximate $2.2 billion in EAV, $1.4 billion is attributed to residential structures. The remainder EAV is attributed to commercial, industrial and farm structures.
Q: Does the Village of Sleepy Hollow provide any impact fees to the Dundee Township Park District?
A: The Village of Sleepy Hollow has no land/cash ordinance in place for new residential development. The villages of Carpentersville, West Dundee and East Dundee have land/cash ordinances in place and base their unique impact fees or land given to the Park District by number of bedrooms and units constructed.
Q: Can the Dundee Township Park District receive cash in lieu of land from new developments? Can these impact fees be used to replace playground equipment?
A: There are times when new residential developments do not have adequate or quality land to construct park space, and therefore by the terms of the land/cash ordinance, cash may be given to the Park District in the form of impact fees. These impact fees may be used for new playground equipment.
Q: Can impact fees from other villages be used in the Village of Sleepy Hollow?
A: Developer impact fees are earmarked for the village in which the proceeds were given. Village officials want to see that new residential developments receive recreational amenities that serve their residents/constituents.
Q: Does the Park District still own the land that Sleepy Hollow Pool sits on?
A: Yes, the Park District owns 8.6 acres in which the pool and small building are located, including the parking lot, sand volleyball court, tennis courts, playground, and basketball court.
Q: Does the Park District have a plan for the Sleepy Hollow Pool land?
A: There are no immediate plans for the property. The Board of Commissioners have requested to engage the community through a citizen advisory committee and third party consultant to determine if a new aquatic facility is feasible and where the location would be.
Q: What is the total dollar amount of impact fees that the Village of West Dundee has for park improvements?
A: There is approximately $700,000 in impact fees held by the Village of West Dundee for park improvements. There are two District capital projects that the Village of West Dundee has agreed to release impact fees. These projects will decrease the amount of total impact fees if they come to fruition.
Q: Does the Dundee Township Park District prioritize which facilities receive capital dollars for improvements by need and/or use?
A: The District's five-year capital plan does prioritize projects based on several factors including: meeting the District's mission, safety, need, use, condition, age, and more.
Q: Is the Dundee Township Park District able to sell Bonnie Dundee Golf Club or other land that is owned by the District?
A: Yes, park districts can sell eligible land owned by the agency. The District would have to go through a lengthy process that includes a public input process, a 4/5 vote of board officials, and more.
Q: When will the Aquatics Citizen Advisory Committee be formed?
A: The Aquatics Citizen Advisory Committee will be selected after a third party consultant is hired by the District to assist with the aquatic feasibility process. Within the Request for Proposal (RFP) for professional services, it states that the third party consultant will assist with the selection process of the committee. The District anticipates hiring the third party consultant in March with the selection of the Aquatics Citizen Advisory Committee soon thereafter.
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December 30, 2024
Discover the Perfect Start: Preschool Open Houses This January
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August 22, 2024
Board of Commissioners Approves Phase 2 for Aquatics Facilities Consideration
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August 15, 2024
Randall Oaks Zoo Celebrates 60 Years of Animals and Wonder!
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July 18, 2024
Aquatics Needs Assessment and Community Engagement Survey
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May 13, 2024
Dundee Township Park District was awarded for excellence in financial reporting for the 6th consecutive year.
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March 5, 2024
100 Years of Golf Excellence: Celebrating a Historic Season at Bonnie Dundee
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March 4, 2024
March 6 Board Meeting - Aquatics Needs Assessment and Community Engagement Services RFP Proposals
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January 5, 2024
Join Us - DTPD Financial Review Set for January 17
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November 20, 2023
Aquatics Citizen Advisory Committee
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October 20, 2023
Sleepy Hollow Pool Decision
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October 19, 2023
Rakow Center Locker Room Renovation Complete
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September 20, 2023
Upcoming Board Meeting Reminder - September 27
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August 25, 2023
September 27 Board Meeting - Updates Regarding Sleepy Hollow Pool
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August 17, 2023
World of Wonders (small animal building) at-a-glance
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August 7, 2023
Fall Programs
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April 1, 2023
Your Summer Camp Adventure Awaits
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March 1, 2023
Rakow Center Locker Room Renovation Project
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December 22, 2022
Zoo Membership Special
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December 17, 2022
Come and explore our classrooms on January 10-12
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December 2, 2022
Get ready to run! Frozen Oaks 5K | February 4
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September 22, 2022
Sat Live! Every 1st & 3rd Saturday from October-March
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August 26, 2021
Give a unique gift of animal sponsorship for any occasion.
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December 4, 2020
Bond refinance saves Dundee Township Park District more than $1.8 million
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April 15, 2019
Dundee Township Park District awarded for excellence in financial reporting
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February 8, 2025
Frozen Oaks 5K
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February 8, 2025
Love is a Cabaret
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February 14, 2025
Free Fitness Friday (February 14)
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February 15, 2025
Rakow Regatta
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February 18, 2025
The Art of Restoration and Surrender Workshop
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February 21, 2025
Free Fitness Fridays (February 21)
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February 28, 2025
Free Fitness Fridays (February 28)
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March 12, 2025
Weight Loss + Nutrition Workshop (March 12)
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March 18, 2025
Art of Breath Workshop
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June 15, 2025
Father's Day at the Zoo