Financial Information

Truth in Taxation notice 2024

In accordance with the Truth in Taxation Law (35 ILCS 200/18-55 et seq), taxing districts must estimate their property tax revenue needs at least 20 days before finalizing their annual levy.
 

If this estimate exceeds 105% of the previous year's tax extensions, the district is required to provide public notice and hold a public hearing regarding the levy. As of August 9, 2024, Public Act 103-1018 has updated the requirements for website postings. In addition to publishing in a newspaper, districts must now post the notice on their website for a minimum of 30 consecutive days. Below is Crystal Lake Park District's Public Notice for the Proposed 2024 Tax Increase.

Public Notice - 2024 Proposed Tax Levy

Annual report

2023-2024 Popular Annual Financial Report

2022-2023 Popular Annual Financial Report

2021-2022 Popular Annual Financial Report

2020-2021 Popular Annual Financial Report

Press Release: Government Finance Officers Association of the United States and Canada (GFOA) Certificate of Excellence Announcement

2019-2020 Popular Annual Financial Report

2017-2018 Annual Report

2015-2016 Annual Report

Budget documents

FISCAL YEAR 2025-2026

FISCAL YEAR 2024-2025

Adopted Budget FY 2024-2025

FISCAL YEAR 2023-2024

Fiscal Year 2022-2023

Fiscal Year 2021-2022

Fiscal year 2020-2021

Fiscal year 2019-2020

FISCAL YEAR 2018-2019

Adopted Budget 2018-2019

FISCAL YEAR 2017-2018

Adopted Budget 2017-2018

Amendment to the 2017-2018 Budget & Appropriation Ordinance

FISCAL YEAR 2016-2017

Adopted Budget 2016-2017

Amendment to the 2016-2017 Budget & Appropriation Ordinance

Fiscal Year 2015-2016

Adopted Budget 2015-2016

2015-2016 Budget Amendment

other Financial Documents

Audits

2023-2024 Comprehensive Annual Financial Report

2022-2023 Comprehensive Annual Financial Report

2021-2022 Comprehensive Annual Financial Report

2020-2021 Comprehensive Annual Financial Report

2019-2020 Comprehensive Annual Financial Report

2019 Audit

2018 Audit

2017 Audit

2016 Audit

2015 Audit

2014 Audit

2013 Audit

2012 Audit

Management Letter

2020 Management Letter

2019 Management Letter

2018 Management Letter

2017 Management Letter

2016 Management Letter

Transparency Postings

Vendor Report – Illinois Public Act 102-0265

PA-97-0609

On August 26, 2011, Public Act 97-0609 was signed into law. This law made changes to the Illinois Municipal Retirement Fund (IMRF) statute and amends the Open Meetings Act.

Effective January 1, 2012, within six days of approving its budget, an IMRF employer must post the total compensation package for each employee receiving a total compensation package that exceeds $75,000 a year.

At least six days before an IMRF employer approves an employee's total compensation package that will equal or exceed $150,000 a year, the employer must post the total compensation package for that employee.

For this statute, "total compensation package" means payment by the employer to the employee for salary, health insurance, a housing allowance, a vehicle allowance, a clothing allowance, bonuses, loans, vacation days granted and sick days granted.

2024-2025 Open Meetings Act Posting exceeding $75,000

2024-2025 Open Meetings Act Posting exceeding $150,000

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 Crystal Lake Park District is required to provide the link below to IMRF's website pertaining to information regarding IMRF's employer cost and participation.

https://www.imrf.org/en/about-imrf/transparency/employer-cost-and-participation-information