tures Finance 15% 0% 32% 7% 5% 0% 3% 1% 14% 11% 12% Professional Services Communication Contractual Services

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1 Monthly Financial Report February 29, 2012 Fiscal Year 2011/2012 Expendit tures 15% 0% 32% 7% 5% 0% 3% 1% 11% Personnel Services Contractual Services Operating Supplies Miscellaneous 12% Insurance and Benefits Communication Capital Outlay Debt Service 14% Professional Services Professional Development Transfers Prepared by the Finance Department

2 Village of Oswego Financial Report For the Period Ending February 29, 2012 Ten months of the current fiscal year have been completed with the positive trends continuing! News about the general economy is positive and the unemployment rate has decreased further. Only two months to go in this fiscal year and current fund surpluses are likely to still be there at year end. Total revenues for all funds as of February 29, 2012 are $24,513,280 compared with total expenditures for all funds of $19,784,092. Revenues for Operating Funds, (General, Water & Sewer and Garbage Collection) of $19,843,837 exceed expenditures for Operating Funds of $16,487,355 by $3,356,482. The General Fund and Water/Sewer Fund revenues are both greater than expenditures by $1.2 and $1.9 million respectively. General Fund General Fund revenues total $12,368,297 for the period ending February 29, 2012 compared with total expenditures of $11,161,351; a difference of $1,206,946. Revenues received to date total 89% of budget compared to the benchmark of 83%. General Fund revenues are $718,167 greater than last fiscal year through ten months while expenditures are $1,496,760 less than last fiscal year for the same time period. However, on the expenditure side, recall last fiscal year the General Fund transferred $1,883,000 to the Water Fund and transferred zero so far this fiscal year. If you deduct the transfer from last year s expenditures, the comparison reveals current fiscal year expenditures are actually $386,240 greater than last fiscal year. Sales tax - Monthly sales tax revenue receipts fluctuate throughout the fiscal year as illustrated in the accompanying graph. The graph details the sales tax revenues based on the liability month (month the sales occur in). The Village receives these revenues in the third month following the point of sale. For example, the February sales tax liability or February sales will be received by the Village in May. The chart which follows shows the actual (May-July) / estimated monthly amounts for fiscal year 2012 compared with the actual monthly revenue for fiscal year Actual sales tax receipts for the month of May increased 5% year over year, June decreased slightly, July increased 4%, August increased 7%, September increased 5% and October increased 2%. November 2011increased 2%, December through April, 2012 is conservatively estimated to increase less than 1%. Sales tax revenue is estimated to be 4% greater than the previous year and $198,118 greater than current fiscal year budget. $600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 May '10 - April '11 Actual May '11 - April '12 Actual / Estimated 1

3 Local Home Rule Sales Tax - Fiscal Year 2012 will be the first full year of collections for the Local Home Rule Sales Tax. The tax is estimatedd based on the t general sales s tax receipts. Estimates for the remaining months of fiscal year 2012 show over $1.7 million will be received which will be $189, 161 greater than budget. $250,000 $200,000 $150,000 $100,000 $50,000 $0 FY 2012 FY F 2011 Income Tax - The following chart compares fiscal year 2011 actual income tax receipts to the actual/estimated fiscal year 2012 monthly receipts and the budget forr fiscal year As of February 29th, the State of Illinois is four months in arrears in remitting the monthly allocation to the Village. $877,657 is waiting to be received by the Village. Fiscal year 2012 has a total budget of $2.3 million Income tax revenue declined slightly year over year for November after three months of increases greater than 10% with December income tax revenuee decreasing over 15%. February income tax revenue increased 3% compared with the prior year. $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Fiscal Year 2011 Actuall Fiscal Year 2012 Budget Fiscal Year 2012 Actual/ Estimated Income tax revenue is currently projected to be $63, 468 greater than budget by fiscal yearend. Income tax revenue is currently 5% or $100,544 greater than fiscal year 2011 totals. 2

4 Utility Tax - The Village collects utility taxes on the use of three utilities, natural gas, electricity and telecommunications. The rates for eachh tax are: 3% of gross receipts for natural gas, 6.0% of grosss charges for telecommunications, and a tiered kilowatt-hour use rate for electricity equivalent to 3.0% of gross charges. Included in the Miscellaneous Schedules section in this report are spreadsheets for the Telecommunications Tax, Tax on Electricity and the Tax on Natural Gass detailing historical monthly receipts and the latest amounts received. Telecommun nications taxx receipts are 4% greater to date compared to last year through ten months. Monthly receipts are projected to be 5% less than the previous year for the remaining months of the fiscal year. Telecommunication revenue r is projected to be $22,000 greater than budget. Tax receipts on electricityty are averaging 2% lesss per month than last year. This revenue may be $ 13,000 less than last fiscal year if the trend continues. Utility tax receipts on natural gas are 1% greater than last year for the first nine months of this year. Projections for the fiscal yearr show this revenue stream may be $2,545 greater than last year. Use tax receipts on natural gas are 18% greater than last year for the first nine months. Permit Fees February, 2011 total Permit Fee revenues are 27% or $ 85,107 greater than last fiscal year. Building permits revenue is up $69,560 or 45%, contractor registrations are up $6,096 or 15%, sign permits are up 46% or $3,658 and repairr permits aree down 6% or $5,897. Permit Fee Collections for FY 10/11 & FY 11/12 $250, ,6966 $200,000 $150,000 $100,000 $50,000 $0 156,136 Building Permits 95, ,206 41,95448,050 7,908 11, ,166 7,9111 Contractor Registration Sign Permits Repair Permits Demolition Permits Miscellaneous Permits FY 10/11 FY 11/ /12 3

5 General Fund Expenditures General Fund expenditures to date are 80% of budget compared to the expected 83% as of February 29. All of the individual department total expenditures are less than the expected 83% benchmark. Reviewing the categories reveals where expenditures have been made this far and the variation to the benchmark. General Fund Expenditures by Department Percentage of Budget Spent As of February 29, 2012 Community Road & Community Economic Corporate B&Z Development Bridge Relations Development Finance Police Salaries/Personnel Services Insurance & Benefits Professional Services Contractual Services Communication Professional Development Operating Supplies Capital Outlay Total Dept % spent vs. Budget Spending Benchmark = 83% Corporate Total corporate expenditures are at 74% of budget at February 29, 2012 compared to the expected 83%. Salaries/personnel services and Insurance & benefits are below the benchmark due to the vacant village administrator position. Professional services is 2% greater than expected because of the completion of the Strategic Plan. The consultant costs were not budgeted creating the variance. Contractual services is greater than the benchmark because of payments for unemployment costs to date, General Insurance costs and building maintenance costs for Village Hall. Unemployment expenditures are at $89,000 compared to the budget of $45,000 while building maintenance costs are $1,566 greater than budget. Operating supplies are at 90% of budget due to charges for non-budgeted items and the purchase of antivirus software under computer supplies. Capital outlay is at 105% of budget due to the cost of the MSI financial software upgrade which was not budgeted. B & Z All of the expenditure categories are below the benchmark with the exception of Professional Services and Contractual Services. Professional Services is over budget due to expenditures associated with the White Oak Development. Contractual Services is greater than the benchmark because of general insurance costs expensed in January for the entire year. Community Development Similar to B&Z, all the categories have no unusual expenditures to date except Contractual Services which also had general insurance annual costs expensed in January. Road & Bridge Total department expenditures are only 70% of budget at this time. A few accounts have expenditures to date greater than the benchmark of 83%. Under Contractual services, the General insurance, Tree removal, Uniform service and Maintenance traffic signals line items are greater than the benchmark. Miscellaneous operating supplies are at 131% of budget because of downtown beautification 4

6 expenditures which were not budgeted. Two Capital Outlay line item accounts are greater than the benchmark; Street Sign Purchase is at 117% of budget due to the materials purchased to change all the speed limit signs to 25 mph and Other Capital Expense is at 122% of budget because the Brush Chipper purchased exceeded the budget amount for that item. Community Relations Total expenditures are at 70% of budget to date. Two large expenditures have been recorded in this department so far this fiscal year. $15,965 was paid to the OEDC for the printing of the Visitors Guide and $32,933 has been paid out for community events. Economic Development Total expenditures to date equal $70,692 or 45% of the total budget. This department will be well under budget at fiscal yearend as it was created during this fiscal year and will have only 7 months of expenditures. The largest expenditure to date is the village contribution of $21,875 to the OEDC in May and June, Finance Expenditures to date are at 78% of budget. A few line item accounts are greater than the benchmark 83%. Health, Life and Dental insurance budgets were created from the breakout of the Corporate Budget and will need some yearend adjusting to make sure the budget breakout amount is correct. Auditing expense is at 85% of budget which is expected as this account is usually fully expended within the first nine months of the fiscal year. AmAudit is at 107% of budget as the gas use tax receipts have been greater this year making the 50% share expensed to exceed the budget. Maintenance equipment and printing expense line items are both greater than 83% because of the monthly payments for copy machines and maintenance costs for the copy machines which is a new non-budgeted expenditure. Police Expenditures to date are at 80% of total budget. Insurance & benefits is greater than the benchmark because of the increased pension contributions paid to the pension fund in June. 100% of the contributions are remitted to the Fund by December of each year. A few line items have exceeded the benchmark of 83%. Police Commission expense is 80% of budget because of the hiring and promotion of officers due to retirements. General insurance costs are greater than 83% as the annual amounts have been expensed. Maintenance vehicle costs are at 97% of budget because of more than anticipated repairs having to be made. Capital Outlay line item accounts for the purchase and equipping of new vehicles and the PD Facility roof repair have been completed causing these accounts to exceed the benchmark. Motor Fuel Tax (MFT) Fund Total expenditures are exceeding total revenues by $142,299 through the first ten months. The annual road program has been completed and paid out causing the shortfall in this Fund. The variance will now decrease with each subsequent month as only revenues will be received with little if any expenditures. The Village receives a portion of the state motor fuel tax on a per-capita basis. The Village budgets this revenue based on the latest information from the Illinois Municipal League and historical trend data. Our allotment revenue for Fiscal Year 2012 is budgeted at $700,000. This is a reduction of $60,000 from the 2011 budget. Motor Fuel tax revenues received to date are 3% greater than last fiscal year as the High Growth community supplemental distribution was received in January. Estimates are for MFT revenues to be 14% greater than budget at year end. The overlay of Woolley Road was completed at a cost of $124,000 in August. $769,708 has been spent for public improvements. This is $329,708 more than the budget. Reserves will be used this year with the replenishment of the reserve next fiscal year. 5

7 Water and Sewer Fund Fiscal year-to-date totals show revenues exceeding expenses by $1,982,894. Total revenues received are at 100% of budget compared with expenses at only 66% of budget to date. Charges for services is the major revenue generator for this Fund. Within this category, water and sewer charges are at 86% of budget and water tap on fees are $580,210 greater than budget because of the White Oak senior housing development. Total revenues for the fiscal year will exceed the current fiscal year budget. The majority of the line item expense accounts are well below the benchmark to date. A few line item accounts have expenses to date greater than the benchmark of 83%. Misc. Professional Services is at 113% of budget due to greater credit card payment activity and associated vendor fees Paying agent fees on debt issuances are greater than budget because of the correct allocation to this Fund being recorded this year Maintenance-Sewer Main is at 124% of budget due to a number of expenses incurred to date Maintenance-Fire Hydrants is at 117% of budget due to hydrant purchases made in June Utility System Improvements is at 231% of budget because of the payment for engineering services for the RT. 71 main relocation expenses to date Expenses are well below the benchmark at this point in the fiscal year and are $879,182 less than last fiscal year to date at this time. Well #3 expenses will be paid out in March as well as any unexpected main breaks and other maintenance costs which should increase total expenditures in the Fund. Capital Improvement Fund $310,385 in revenues has been received to date compared with $99,120 of expenditures to date in this Fund. Roadway improvement revenues are 58% of budget and ahead of last year s receipts. Expenditures are at 41% of budget as the server infrastructure portion of the technology upgrade project still needs to be completed. Garbage Collection Fund Revenues are exceeding expenses by $166,641. Disposal fee revenue is at 82% of budget compared to Disposal costs at only 77% of budget. Disposal costs lag the fee revenue by a month due to the timing of billing and payment to the vendor for the services. The revenues should be sufficient to pay for the disposal costs as the total cost of the service is passed on directly to the users. The pages following this summary will provide a view of each Fund s compiled revenue and expenditure activity for the reporting month, as well as fiscal year-to-date activity, and the Funds performance as compared to the total budget of each Fund. If revenues were received uniformly over the fiscal year and expenditures occurred consistently month over month, you would expect the year to date percentages of budget to be approximately 83% at the end of the first quarter of the fiscal year. 6

8 Village of Oswego Summary of Fund Balances and Unrestricted Net Assets For the Month Ending February 29, 2012 Percentage of Budget Activity for the FY 2011/2012 FY 2011/2012 Collected FUND Month Year-To-Date Budget Expensed GENERAL Beginning Fund Balance 4,682,098 Revenues 854,939 12,368,297 13,919, % Expenditures 737,012 11,161,351 13,966, % Difference 117,927 1,206,946 (46,615) Ending Fund Balance 5,889,044 MOTOR FUEL TAX Beginning Fund Balance 750,067 Revenues 61, , , % Expenditures 0 1,032, , % Difference 61,803 (142,299) 2,500 Ending Fund Balance 607,768 WATER & SEWER Unrestricted Net Assets 2,848,127 Revenues 34,732 5,612,618 5,598, % Expenses 206,011 3,629,724 5,511, % Difference (171,279) 1,982,894 87,183 Unrestricted Net Assets 4,831,021 CAPITAL IMPROVEMENT Beginning Fund Balance 395,758 Revenues (494) 310, , % Expenses 9,119 99, , % Difference (9,613) 211,265 (119,000) Ending Fund Balance 607,023 GARBAGE Unrestricted Net Assets 542,433 Revenues 7,596 1,862,922 2,277, % Expenses 191,750 1,696,281 2,200, % Difference (184,154) 166,641 77,700 Unrestricted Net Assets 709,075 ECONOMIC DEVELOPMENT Beginning Fund Balance 395,767 Revenues 1,368 7,336 5, % Expenditures % Difference 1,368 7,336 5,000 Ending Fund Balance 403,104

9 Village of Oswego Summary of Fund Balances and Unrestricted Net Assets For the Month Ending February 29, 2012 Percentage of Budget Activity for the FY 2011/2012 FY 2011/2012 Collected FUND Month Year-To-Date Budget Expensed PUBLIC WORKS ESCROW Beginning Fund Balance 801,627 Revenues 1,069 78, % Expenditures % Difference 1,069 78,754 0 Ending Fund Balance 880,382 DEBT SERVICE Beginning Fund Balance 14,501 Revenues (1,068) 1,817,175 1,815, % Expenditures 0 1,818,237 1,815, % Difference (1,068) (1,062) 301 Ending Fund Balance 13,439 POLICE PENSION As of January 31, 2011 Net Assets held in Trust 13,027,639 Additions 339,083 1,565,884 1,630, % Deductions 47, , , % Difference 291,173 1,218,712 1,293,000 Ending Fund Balance 14,246,352 SUB TOTAL OPERATING FUNDS Only includes General, Water/Sewer and Garbage Funds Beginning Balance 8,072,658 Revenues 897,266 19,843,837 21,795, % Expenditures 1,134,772 16,487,355 21,677, % Difference (237,506) 3,356, ,268 Ending Balance 11,429,141 TOTAL ALL FUNDS Revenues 1,299,027 24,513,280 26,072, % Expenditures 1,191,801 19,784,092 24,772, % Difference 107,225 4,729,188 1,300,069

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11 Village of Oswego Sales Tax Account: Note: Highlighted Months are estimated by Finance % Change Dollar Change Received (Liability) FY 02/03 FY 03/04 FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 From Prior Year August (May) 199, , , , , , , , , , % 19, September (June) 199, , , , , , , , , , % -1, October (July) 214, , , , , , , , , , % 15, November (August) 187, , , , , , , , , , % 28, December (September) 181, , , , , , , , , , % 20, January (October) 200, , , , , , , , , , % 9, February (November) 206, , , , , , , , , , % 6, March (December) 220, , , , , , , , , , % 5, April (January) 173, , , , , , , , , , % May (February) 173, , , , , , , , , , % June (March) 186, , , , , , , , , , % 1, July (April) 215, , , , , , , , , , % 5, Total: 2,357, ,723, ,039, ,254, ,514, ,697, ,469, ,829, ,892, ,003, , Percent Change Prior Year 15.51% 11.61% 7.08% 7.97% 33.68% -4.85% 8.04% 1.31% 2.26% Total Actual Receipts- liability month FY 12 compared to FY 11 May - November 1,388, ,533, ,774, ,887, ,995, ,715, ,674, ,844, ,832, ,931, % 98, Amended Budgeted Revenue General Fund 2,565, ,557, ,974, ,357, ,375, ,170, ,918, ,789, ,805, Debt Service Fund 353, , , , Total Budgeted Revenues ,565, ,557, ,974, ,711, ,637, ,589, ,274, ,789, ,805, Actual compared to budget 2,357, , , , , , ,119, , , , F:\Monthly Reports\Monthly Financial Spreadsheets\Sales Tax/Sum - 1% Printed: 3/8/2012

12 Village of Oswego Sales Tax - Home Rule - Effective July 1, 2010 at 0.50% Account: Note: Highlighted Months are estimated by Finance % Change Dollar Change Received (Liability) FY 10/11 FY 11/12 Prior Year From Prior Year 8/8/2011 August (May) , % 144, /9/2011 September (June) , % 153, /18/2011 October (July) 125, , % 10, /8/2011 November (August) 131, , % 6, /12/2011 December (September) 132, , % 10, /13/2012 January (October) 132, , % 2, /9/2012 February (November) 149, , % 2, March (December) 191, , % 3, April (January) 112, , % 10, May (February) 115, , % 11, June (March) 144, , % 5, July (April) 134, , % 6, Total: 1,370, ,739, % 368, Total -Per Liability Month May - November 672, ,003, FY Budget: 1,550,000 FY Projected 1,739,161 Over/(Under) Budget 189,161

13 Village of Oswego Income Tax Account: Note: Months are estimated by Finance Amounts not yet received % Change Dollar Change Voucher Month Date Received FY 03/04 FY 04/05 FY 05/06 FY 06/07 FY07/08 FY08/09 FY09/10 FY10/11 FY11/12 Prior Year Prior Year May 8/26/ , , , , , , , , % -16, June 9/23/ , , , , , , , , , % 28, July 11/2/ , , , , , , , , , % 19, August 12/29/ , , , , , , , , , % 20, September 1/19/ , , , , , , , , , % 10, October 68, , , , , , , , , % 36, November 46, , , , , , , , , % December 1/19/ , , , , , , , , , % -26, January 74, , , , , , , , , % 20, February 81, , , , , , , , , % 7, March 53, , , , , , , , , % April 70, , , , , , , , , % Total: 694, ,266, ,524, ,681, ,837, ,175, ,304, ,261, ,363, Percent Change Prior Year 82.37% 20.37% 10.30% 9.24% 18.40% 5.92% -1.83% 4.49% Dollar Change Prior Year 572, , , , , , , , % Change Dollar Change Total Vouchers Prior Year Prior Year May - February 570, ,031, ,282, ,415, ,549, ,804, ,944, ,927, ,028, % 100, FY Budget: 2,561, ,500, ,300, FY Projected 2,304, ,261, ,363, Over/(Under) Budget (257,516.95) (238,031.06) 63, Budget Variance: % -9.52% 2.76%

14 Village of Oswego Utility Tax - Telecommunications Tax Simplified Municipal Telecommunications Tax Account: Note: Highlighted Months are estimated by Finance Amounts not yet received % Change Dollar Change Received Liability (Collections) FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 Prior Year Prior Year 8/19/2011 May (June) 62, , , , , , , , % -4, /20/2011 June (July) 72, , , , , , , , % -7, /19/2011 July (August) 54, , , , , , , , % -4, /21/2011 August (Sept) 79, , , , , , , , % 48, /16/2011 September (Oct) 68, , , , , , , , % -5, /18/2012 October (Nov) 70, , , , , , , , % -6, /15/2012 November (Dec) 59, , , , , , , , % 1, December (Jan) 94, , , , , , , , % -3, January (Feb) 74, , , , , , , , % -5, February (March) 76, , , , , , , , % -4, March (April) 73, , , , , , , , % -4, April (May) 82, , , , , , , , % -4, Total: 867, , , ,020, ,067, ,073, ,022, ,022, Percent Change Prior Year 11.05% 8.07% -4.01% 13.37% 4.59% 0.57% -4.74% 0.04% Total Actual Receipts (May - November) 467, , , , , , , , % 21, Budget Amount: 1,110, ,100, ,000, Difference: (37,751.52) (77,727.64) 22,644.81

15 Village of Oswego Utility Tax - ComEd Account: Note: Highlighted Months are estimated by Finance % Change Dollar Change Rec. Liability 9 FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 Prior Year Prior Year 6/28/2011 May 31, , , , , , , , % 1, /25/2011 June 39, , , , , , , , % /30/2011 July 45, , , , , , , , % -2, /30/2011 August 41, , , , , , , , % /24/2011 September 42, , , , , , , , % -2, /21/2011 October 35, , , , , , , , % -4, /19/2011 November 33, , , , , , , , % 5, /23/2012 December 43, , , , , , , , % -6, /21/2012 January 46, , , , , , , , % February 38, , , , , , , , % -1, March 35, , , , , , , , % April 36, , , , , , , , % Total: 468, , , , , , , , % -13, Prior Year % Change 15.73% 7.55% 14.47% -1.65% -4.60% 9.44% -1.90% Total Receipts May-January 358, , , , , , , , % -10,090.26

16 Village of Oswego Utility Tax - Natural Gas - NICOR Effective May 13, Gas Utility Tax Account: Note: Highlighted Months are estimated by Finance % Change Dollar Change Liability Month FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 Prior Year Prior Year May 12, , , , , , , , % 3, June 6, , , , , , , , % 3, July 12, , , , , , , , % August 6, , , , , , , , % September 6, , , , , , , , % October 8, , , , , , , , % November 10, , , , , , , , % 1, December 17, , , , , , , , % January 33, , , , , , , , % -5, February 40, , , , , , , , % March 35, , , , , , , , % 0.00 April 28, , , , , , , , % 0.00 Total: 219, , , , , , , , % 2, Percent Change Prior Year 41.81% % 25.85% 0.12% % -7.09% 1.05% Total Receipts- Liability Month May - January 114, , , , , , , , % 2,584.62

17 Village of Oswego Utility Tax - Natural Gas - NICOR Effective July 7, Gas Use Tax Account: Note: Highlighted Months are estimated by Finance % Change Dollar Change Liability FY 09/10 FY 10/11 FY 11/12 Prior Year Prior Year May , , % 1, June , , % July , , % August , , % September 4, , , % October 3, , , % November 4, , , % 1, December 10, , , % -1, January 15, , , % -1, February 13, , , % March 11, , , % April 6, , , % Total: 69, , , % 1, Percent Change Prior Year 17.88% Total Receipts- Liability Month May - January 39, , , % 1,004.19

18 Village of Oswego Motor Fuel Tax Allotments Note: Highlighted Months are estimated by Finance % Change Dollar Change Received (Liability) FY 01/02 FY 02/03 FY 03/04 FY 04/05 FY 05/06 FY 06/07 FY 07/08 FY08/09 FY 09/10 FY 10/11 FY 11/12 Prior Year Prior Year June (May) 22, , , , , , , , , , , % -2, July (June) 21, , , , , , , , , , , % -2, August (July) 33, , , , , , , , , , , % 3, September (August) 32, , , , , , , , , , , % 4, October (September) 60, , , , , , , , , , , % -58, November (October) 31, , , , , , , , , , , % 13, December (November) 30, , , , , , , , , , , % 3, January (December) 31, , , , , , , , , , , % 64, February (January) 30, , , , , , , , , , , % -6, March (February) 30, , , , , , , , , , , % April (March) 27, , , , , , , , , , , % May (April) 30, , , , , , , , , , , % Total: 381, , , , , , , , , , , Percent Change Prior Year 7.00% -0.25% 48.53% 1.43% 1.47% 2.23% 9.13% 12.28% 0.22% 2.33% Total Receipts (Liability) May-February 292, , , , , , , , , , , % 20, Budgeted: 365, , , , , , , , , , Over/(Under) Budget: 381, , , , , , , , , , , % 5.94% 43.11% 6.06% 9.32% 8.64% -2.24% 2.07% 2.37% 14.11%

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20 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 1 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: GENERAL ADMINISTRATION TAXES PROPERTY TAX , , , % PROPERTY TAXES-POLICE PENSION ,015, , ,015, % ROAD AND BRIDGE TAXES , , , % SALES TAX 439, , ,118, ,960, ,805, % SALES TAX REBATE (140,324.79) 0.00 (283,083.41) (266,763.96) (775,000.00) 36.5% SALES TAX-HOME RULE 152, , ,396, , ,550, % SALES TAX-PHOTOS % COMMUNICATION INFRASTRUCTURE % TELECOMMUNICATIONS SURCHARGE 84, , , , ,000, % UTILITY TAX 102, , , , , % USE TAX 36, , , , , % GAMES TAX 2, , , , % HOTEL/MOTEL TAX , , , , % INCOME TAX , ,731, ,108, ,300, % REPLACEMENT TAX , , , % TOTAL REVENUES: TAXES 676, ,176, ,504, ,927, ,750, % CHARGES FOR SERVICES COIN OPERATED DEVICE FEE , , , % VEHICLE PARKING STICKERS % INSPECTION/OBSERVATION FEE , , , , % FILING FEES , , , % LAG FEES/PROPERTY TAX % PLAN REVIEW FEES 1, , , , % ANNEXATION FEES % ELEVATOR INSPECTIONS , , , % COMMUNITY ROOM RENTAL % ACCIDENT REPORT FEES , , , % FINGERPRINT FEES , , , % SEX OFFENDER REGISTRATION FEE % SUBPOENA FEE % SERVICE CHARGES % BOOKS, MAPS, & PLANS % EMPLOYEE PROFESSIONAL SERVICES % REIMBURSEMENTS , , , % NEWSLETTER ADVERTISING FEES , , , % CALENDAR SALES/ADVERTISING , % BFI REBATE % POLICE SECURITY 11, , , , , % SALARY REIMBURSEMENT , , , % TOTAL REVENUES: CHARGES FOR SERVICES 15, , , , , %

21 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 2 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: GENERAL ADMINISTRATION LICENSES & PERMITS LIQUOR LICENSES , , , % TOBACCO LICENSE FEE , % CONTRACTOR REGISTRATION 3, , , , , % BUILDING PERMITS 2, , , , , % SIGN PERMITS 2, , , , % ACCESSORY PERMITS 11, , , , , % DEMOLITION PERMITS % BUSINESS REGISTRATION (335.00) (825.00) 18, , , % ZONING & VARIANCE FEES % TRUCK PERMITS , , , % MISC. PERMITS , , % SOLICITORS PERMITS , , , % SPECIAL EVENTS PERMITS , , , % MISC. LICENSES % TOTAL REVENUES: LICENSES & PERMITS 20, , , , , % GRANTS TOBACCO GRANT % STATE GRANTS , , , , % FEDERAL GRANTS , , , % COPS GRANT % COUNTY GRANTS % TOTAL REVENUES: GRANTS , , , , % FINES LIQUOR VIOLATIONS , , % ORDINANCE VIOLATION FINES 8, , , , , % CODE VIOLATION FINES % COURT FINES 11, , , , % DUI COURT FINES % BOOKING/BONDING OF ARRESTEES 1, , , , , % HANDICAP PARK-TEMP. HANG TAGS % ADMINISTRATIVE TOW FEE 11, , , , , % MISC. FINES % BEITEL RESTITUTION % TOTAL REVENUES: FINES 32, , , , , %

22 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 3 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: GENERAL ADMINISTRATION FRANCHISE FEES TRANSITION FEES 6, , , , , % ROADWAY CAPITAL IMPROVEMENTS % PUBLIC NOTICE SIGNS % BUILDING RENT , % TOWER RENT 2, , , , , % TELEPHONE FRANCHISE FEES % CABLE TV FRANCHISE FEES 86, , , , , % PUBLIC WORKS IMPROVEMENTS % TOTAL REVENUES: FRANCHISE FEES 95, , , , , % DONATIONS/CONTRIBUTIONS WARNING SIREN CONTRIBUTIONS % MEMBER CONTRIBUTIONS 5, , , , , % COBRA/RETIREE CONTRIBUTIONS 6, , , , , % RECYCLING (ECO) DONATIONS , % EARTHDAY DONATIONS % COMMUNITY RELATIONS CONTRIB , , % ASSET SALES , % INSURANCE PROCEEDS , , , % DWNTWN BENCH/RECEPTACLE DONTN % DEVELOPER CONTRIBUTION % TOTAL REVENUES: DONATIONS/CONTRIBUTIONS 12, , , , , % TRANSFERS TRANSFERS IN % TOTAL REVENUES: TRANSFERS % INTEREST REALIZED GAIN/LOSS % UNREALIZED GAIN/LOSS % INTEREST 1, , , , % TOTAL REVENUES: INTEREST 1, , , , % MISCELLANEOUS

23 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 4 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: GENERAL ADMINISTRATION MISCELLANEOUS GREENSIDE BLOCK PAYMENT % COMMUNITY EVENTS , , , % SETTLEMENTS % CASH SHORTAGE/OVER (194.59) % MISCELLANEOUS (22.03) (184.97) 2, , % BOND PROCEEDS % TOTAL REVENUES: MISCELLANEOUS , , , % SALARIES/PERSONNEL SERVICES OVER-TIME % TOTAL EXPENSES: SALARIES/PERSONNEL SERVICES % TRANSFERS OUT TRANSFER TO POLICE PENSION % TRANSFER TO WATER AND SEWER ,883, % TRANSFER TO CAPITAL RESERVE-VH % TRANSFER TO DEBT SERVICE FUND , ,554, ,559, ,551, % RESERVE FOR CONTINGENCIES % TOTAL EXPENSES: TRANSFERS OUT , ,554, ,442, ,551, % TOTAL EXPENSES: GENERAL ADMINISTRATION , ,554, ,442, ,551, %

24 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 5 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: CORPORATE SALARIES/PERSONNEL SERVICES SALARIES, FULL-TIME 18, , , , , % MERIT BONUS % SALARIES, SPECIAL CENSUS % SALARIES, PART-TIME % OVER-TIME % SALARIES, ELECTED OFFICIALS , , , % MEETING STIPEND 1, , , , % COLLECTOR, MISC % TOTAL EXPENSES: SALARIES/PERSONNEL SERVICES 20, , , , , % INSURANCE & BENEFITS FICA, VILLAGE SHARE 1, , , , , % IMRF, VILLAGE SHARE 2, , , , , % HEALTH INSURANCE , , , , % LIFE INSURANCE % DENTAL INSURANCE , , , % OPTICAL INSURANCE % TOTAL EXPENSES: INSURANCE & BENEFITS 3, , , , , % PROFESSIONAL SERVICES AUDITING EXPENSE , % ECONOMIC DEVELOPMENT , , % ENGINEERING SERVICE 1, , , , % LEGAL SERVICES 10, , , , , % IT SERVICES , , % PAYROLL SERVICES , , % DOWNTOWN FACADE PROGRAM % MISC PROFESSIONAL SERVICES 5, , , , % WEB SITE , , , % DECORATIONS % HUMAN RESOURCES PROF. SERVICES , , , % VETERAN'S MEMORIAL % COMMUNITY RELATIONS , , , % SENIOR COMMITTEE 8, , , , , % RECYCLING EXPENSE (ECO) % EARTHDAY EXPENSE % CITIZEN COMMITTEE FOR WOMEN , % UTILITY TAX REBATE , , % PACE SERVICES 6, , , , , % TOTAL EXPENSES: PROFESSIONAL SERVICES 33, , , , , %

25 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 6 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: CORPORATE CONTRACTUAL SERVICES SETTLEMENTS % UNEMPLOYMENT INSURANCE 8, , , , , % CLEANING SERVICE , % GENERAL INSURANCE , , , % AM AUDIT (1,731.50) % PROPERTY TAX REBATE , , , , % NEWSLETTER DELIVERY , , % UTILITIES % MAINTENANCE, BUILDING 1, , , , % MAINTENANCE, EQUIPMENT 1, , , , , % MAINTENANCE, VEHICLE % COMPUTER SERVICES % TOTAL EXPENSES: CONTRACTUAL SERVICES 11, , , , , % COMMUNICATION CODIFICATION EXPENSE 2, , , , % PRINTING EXPENSE , , % ADVERTISING, BIDS & RECORDS , % HR ADVERTISING , % COMMUNITY RELATIONS ADVERTISNG % POSTAGE & FREIGHT , , , % TELEPHONE EXPENSE , , , % TOTAL EXPENSES: COMMUNICATION 2, , , , % PROFESSIONAL DEVELOPMENT TRAVEL & TRAINING , , , % MEETING EXPENSE % DUES , , , % TOTAL EXPENSES: PROFESSIONAL DEVELOPMENT , , , % OPERATING SUPPLIES BOOKS & PUBLICATIONS % FUEL PURCHASE % OFFICE SUPPLIES (467.70) , , , % COMPUTER SUPPLIES , , % MISCELLANEOUS % UNIFORM ALLOWANCE % OFFICE EQUIPMENT %

26 DATE: 03/07/2012 VILLAGE OF OSWEGO PAGE: 7 TIME: 14:58:10 DETAILED REVENUE & EXPENSE REPORT F-YR: 12 FUND: GENERAL FUND DEPT: CORPORATE OPERATING SUPPLIES FURNITURE % TOTAL EXPENSES: OPERATING SUPPLIES (465.59) , , , % CAPITAL OUTLAY ACCOUNTING SUPPLIES % COMPUTER SOFTWARE , % COMPUTER HARDWARE , , % EQUIPMENT % OTHER CAPITAL OUTLAYS % TOTAL EXPENSES: CAPITAL OUTLAY , , , % TOTAL EXPENSES: CORPORATE 71, , , ,589, ,213, %