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Financials

The mission of the Carol Stream Park District is to enrich our community by fulfilling our resident’s needs for healthy, accessible, quality recreation activities, parks, and facilities, and to be responsible stewards of our community resources. We operate with a lean budget that we administer creatively in all our programs to stretch the dollar but still offer hundreds of fun and unique opportunities year-round for the community that enjoys parks and recreation.

The Carol Stream Park District is a tax-exempt 5 ILCS 140/4(a) organization.

The Carol Stream Park District is an IMRF Employer, per Public Act 101-0504, IMRF Employer Cost and Participation Information is available here:

IMRF Employer Cost & Participation Information
40 ILCS 5/7-135.5

Operating Budget

Total approximate Overall Budget for 2024: $19,775,778
Total approximate Operating Budget for 2024: $10,847,335

BudgetsFinancial AuditsCompensation Disclosure
202520242025
20242023
20232022
2021
2024 Budget Presenation
Prevailing Wage Ordinance 523

Awards in Financial Reporting

20 Consecutive Years!
Certificate of Achievement for Excellence in Financial Reporting Program
From the Government Finance Officers Association (GFOA)

The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (CAFR Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.

Reports submitted to the CAFR program are reviewed by selected members of the GFOA professional staff and the GFOA Special Review Committee (SRC), which comprises individuals with expertise in public sector financial reporting and includes financial statement preparers, independent auditors, academics, and other finance professionals.

The Carol Stream Park District has achieved this award for 20 consecutive years!

Intergovernmental Agreements

Established and sound working relationships with Carol Stream community partners, such as the Village, Public Library, Chamber of Commerce, Rotary Club, and school districts enable the Carol Stream Park District to combine resources that save taxpayer dollars on many Carol Stream Park District and local projects. These partnerships are key to our success. We have many intergovernmental agreements with many community partners.

Meet Our Community Partners