Downtown Development Authority (DDA)

AGENDA Village of Dundee Downtown Development Authority (DDA) Thursday, January 15, 2026 A meeting of the Downtown Development Authority (DDA) will be held Thursday, January 15, 2026 in the Village Hall Council Room at 8:30 AM. 1. CALL TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. APPROVAL OF AGENDA 5. APPROVAL OF MINUTES 5.a Regular Meeting/Bi-Annual Update: December 15, 2025 Downtown Development Authority (DDA) - Dec 15 2025 - Minutes - Pdf 6. PUBLIC COMMENT (PLEASE LIMIT YOUR COMMENTS TO 5 MINUTES PER PERSON) 7. FINANCIALS 7.a Financial Reports for October-November-December 2025. October Packet 10.31.2025 Financials November Packet 11.30.2025 Financials December Packet 12.31.2025 Financials 7.b Budget for FY 2026/2027 Budget FY26-27 DDA 8. COMMITTEE REPORTS 9. UNFINISHED BUSINESS 9.a TIPF Renewal 9.b Mural Update 9.c Farmer's Market 10. NEW BUSINESS 10.a Business Summit 10.b Social Media Page 1 of 21 11. ANNOUNCEMENTS AND DISCUSSIONS Any business (village, county, government, personal, or other news to report) 11.a Next Meeting : February 19, 2026 12. ADJOURNMENT Please Note – The Village of Dundee is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations, in order to allow them to observe and/or participate in this meeting, or who have questions regarding the accessibility of this meeting or the facilities, are requested to contact the Village Manager, at 734-529-3430 or rrudzis@villageofdundee.net to allow the Village to make reasonable accommodations for those persons. Public comment can be made through the Public Comment Form located at https://dundeevillage.civicweb.net/Portal/CitizenEngagement.aspx Page 2 of 21 Agenda Item #5.a Draft MINUTES DOWNTOWN DEVELOPMENT AUTHORITY (DDA) VILLAGE OF DUNDEE, MI MONDAY, DECEMBER 15, 2025 6:00 PM VIA ZOOM 1. CALL TO ORDER A Regular Meeting/Bi-Annual Update of the Dundee Downtown Development Authority was held on December 15, 2025 in the Village Hall Council Chambers. The meeting was called to order at 6:00 pm by Chairperson Laura Perry. 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL Present were Chairperson Laura Perry, Vice-Chair Laura Lawrence, Members Charles Booth, Erica Dussia, Tim Kreger, Irma Kubiske, Brian Merkle, Denny Nisch, Marcella Osenbaugh-Valle, Rebecca Tuttle and Council President Tim Bordine. Members Mary Schultz and Durim Ameti were excused. Also present were Village Manager Ryan Rudzis, Village Deputy Clerk Julie Smith, and 5 interested citizens. 4. APPROVAL OF AGENDA Member Irma Kubiske moved, seconded by Charles Booth, to approve the Agenda of the December 15, 2025 Downtown Development Authority Meeting as printed. RESULT: Carried MOVER: Member Irma Kubiske SECONDER: Charles Booth AYES: Charles Booth, Denny Nisch, Laura Perry, Marcella Osenbaugh-Valle, Laura Lawrence, Member Erica Dussia, Member Tim Kreger, Member Irma Kubiske, Member Brian Merkle, Member Rebecca Tuttle, and Village President Tim Bordine ABSENT: DDA Secretary Mary Schultz and Member Durim Ameti 5. APPROVAL OF MINUTES 5.a Regular Meeting / Bi-Annual Update: November 17, 2025 Charles Booth moved, seconded by Member Irma Kubiske, to approve the Minutes of the Regular Meeting/Bi-annual Update as printed. RESULT: Carried MOVER: Charles Booth SECONDER: Member Irma Kubiske AYES: Charles Booth, Denny Nisch, Laura Perry, Marcella Osenbaugh-Valle, Laura Lawrence, Member Erica Dussia, Member Tim Kreger, Member Irma Kubiske, Member Brian Merkle, Member Rebecca Tuttle, and Village President Tim Page Page31ofof21 3 Agenda Item #5.a Draft Bordine ABSENT: DDA Secretary Mary Schultz and Member Durim Ameti 6. PUBLIC COMMENT  No Citizen's comment 7. COMMITTEE REPORTS  No Committee Reports 8. UNFINISHED BUSINESS 8.a Mural Update  Chairperson Perry reported on the Mural Project, with discussion followed: o Balance of $2,000 to pay. o The final project/mural has not been completed due to the withdrawal of the Township to utilize the Library as a mural site. Laura Lawrence moved, seconded by Charles Booth, to send a conditional waiver to the artist, stating she will come back in the spring to finish the mural on an alternate site. Once signed, the remaining balance will be paid. RESULT: DEFEATED. MOVER: Laura Lawrence SECONDER: Charles Booth AYES: Charles Booth and Member Erica Dussia NAYS: Denny Nisch, Laura Perry, Marcella Osenbaugh-Valle, Laura Lawrence, Member Tim Kreger, Member Irma Kubiske, Member Brian Merkle, Member Rebecca Tuttle, and Village President Tim Bordine ABSENT: DDA Secretary Mary Schultz and Member Durim Ameti 9. NEW BUSINESS 9.a Downtown Development Authority Bi-Annual Update  Each member presented an update of events throughout the past year.  Chairperson Perry thanked everyone for all they do to make these events successful. The full report is on file at the Village Office. 10. ANNOUNCEMENTS AND DISCUSSIONS  Member Kubiske commented on the expansion of the colors on the Dam. Encouraged all to go view the lights.  Member Nisch reported on the Farmer's Market surveys. 10.a Next Meeting : January 15, 2026 @ 8:30am 11. ADJOURNMENT There being no further business before the Downtown Development Authority, the meeting adjourned at time 6:32 pm. Downtown Development Authority (DDA) December 15, 2025 Page Page42ofof21 3 Agenda Item #5.a Draft Village Deputy Clerk, Julie Smith Julie Smith, Deputy Clerk/Recording Secretary Downtown Development Authority (DDA) December 15, 2025 Page Page53ofof21 3 Page 6 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 TO: Board of Directors DATE: January 14th, 2026 FROM: Elizabeth Johnson, Finance Director SUBJECT: Interim Financial Statements as of October 31, 2025 FINANCIAL SUMMARY HIGHLIGHTS For the reporting period ending October 31st, 2025 (unaudited), total expenses incurred to date are $89,931.23 which is approximately 34% of the annual budget. October expenses incurred totaled $24,495.52. These expenses are unaudited and exclude year-end adjustments and accruals currently. The total will change as these adjustments are made during the audit preparation process for the fiscal year end February 28, 2026. August activity comprised of the following: Revenues: - LCSA-$15,808 - Interest - $123 - Misc Revenue—Farmer’s Market $545 - Misc Revenue—Pumpkin Palooza $2,985 - Misc Revenue—Witches Night $375 - Misc Revenue—Halloween Bash $4,605 Expenditures: - Misc: Community Foundation Halloween Bash $6,843 - Contractual: $2,412 (TIF Plan Update) - Pumpkin Palooza: $7,550 - Grounds: $1452 - Equipment Rental: $6,953 - Community Art: $448 Page 7 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 Full Year Budget Comments: - Equipment rental is the highest expenditure totaling $32,001.58 for the fiscal year o Equipment rental is based on the State’s Schedule C Reporting Rates and updated on January 1 of each calendar year o The budget amendment to include Equipment Rental has been postponed as the overall fund is staying well within budget, this will done in Q4 - Revenue and Expense (Farmer’s Market) have been corrected in September as previously outlined. - The Village Tax Capture has been posted as of September Page 8 of 21  REVENUE AND EXPENDITURE REPORT FOR DUNDEE VILLAGE Agenda Item #7.a Balance As Of 10/31/2025 *NOTE: Available Balance / Pct Budget does not reflect amounts encumbered. 25-26 YTD Balance Activity For Available Amended 10/31/2025 10/31/2025 Balance 10/31/2025 % Bdgt GL Number Description Budget Normal (Abnormal) Increase (Decrease) Normal (Abnormal) Used Fund: 248 DOWNTOWN DEVELOPMENT Account Category: Revenues Department: 000 248-000-402.000 CURRENT TAXES 217,000.00 119,517.29 0.00 97,482.71 55.08 248-000-404.000 PPT REIMBURSEMENT 0.00 0.00 0.00 0.00 0.00 248-000-549.000 GRANT REVENUE 0.00 0.00 0.00 0.00 0.00 248-000-573.000 LOCAL COMMUNITY STABILIZATION SHARE 15,000.00 15,808.78 15,808.78 (808.78) 105.39 248-000-665.000 INTEREST ON INVESTMENT 100.00 599.42 123.93 (499.42) 599.42 248-000-670.002 FARMER'S MARKET INCOME 5,000.00 4,603.00 545.00 397.00 92.06 248-000-670.003 ACS/MIDHS/TSYS PMTS 0.00 0.00 0.00 0.00 0.00 248-000-674.000 DONATIONS 0.00 0.00 0.00 0.00 0.00 248-000-677.009 MISC REVENUE - DDA-BIKER EVENT 0.00 0.00 0.00 0.00 0.00 248-000-677.010 MISC REVENUE -CELEBRATE DUNDEE 2,200.00 0.00 0.00 2,200.00 0.00 248-000-677.011 MISC REVENUE-PUMPKIN PALOOZA 11,900.00 15,790.00 2,985.00 (3,890.00) 132.69 248-000-677.014 MISC REVENUE - SHOP SMALL 0.00 0.00 0.00 0.00 0.00 248-000-677.016 MISC REVENUE - WITCHES NIGHT 0.00 375.00 375.00 (375.00) 100.00 248-000-677.017 MISC REVENUE-HALLOWEEN BASH 4,700.00 6,933.82 4,605.45 (2,233.82) 147.53 248-000-680.000 MISCELLANEOUS INCOME - OTHER 300.00 477.15 0.00 (177.15) 159.05 248-000-684.000 PRIOR YR REFUNDS 0.00 0.00 0.00 0.00 0.00 248-000-699.001 APPROPR. FROM FUND BALANCE 0.00 0.00 0.00 0.00 0.00 248-000-699.101 TRANSFER IN FROM GENERAL FUND 0.00 0.00 0.00 0.00 0.00 Total Dept 000 256,200.00 164,104.46 24,443.16 92,095.54 64.05 Revenues 256,200.00 164,104.46 24,443.16 92,095.54 64.05 Account Category: Expenditures Department: 000 248-000-965.101 ADMINISTRATIVE FEES TO GENERAL FUND 0.00 0.00 0.00 0.00 0.00 248-000-997.000 ENCUMBRENCE BUDGET 0.00 0.00 0.00 0.00 0.00 Total Dept 000 0.00 0.00 0.00 0.00 0.00 Department: 703 DDA 248-703-702.000 WAGES - GENERAL 70,000.00 537.54 248.10 69,462.46 0.77 248-703-702.002 WAGES - OPERATING 0.00 0.00 0.00 0.00 0.00 248-703-704.000 WAGES PART-TIME EMPLOYEES 0.00 0.00 0.00 0.00 0.00 248-703-705.000 VACATION/SICK EXPENSE 0.00 0.00 0.00 0.00 0.00 248-703-706.000 HOLIDAY 0.00 0.00 0.00 0.00 0.00 248-703-710.000 FICA 5,400.00 41.14 18.99 5,358.86 0.76 248-703-711.000 MEDICARE 0.00 0.00 0.00 0.00 0.00 248-703-712.000 CASH IN LIEU OF BENEFITS 0.00 0.00 0.00 0.00 0.00 248-703-714.000 BENEFITS 15,000.00 0.00 0.00 15,000.00 0.00 248-703-715.000 PENSION EXPENSES 0.00 0.00 0.00 0.00 0.00 248-703-717.000 LIFE INSURANCE 0.00 0.00 0.00 0.00 0.00 248-703-718.000 RETIREMENT 1,500.00 18.60 9.92 1,481.40 1.24 248-703-725.000 WORKERS' COMPENSATION 0.00 0.00 0.00 0.00 0.00 248-703-727.000 SUPPLIES 1,500.00 236.40 0.00 1,263.60 15.76 248-703-728.000 COMPUTER/SOFTWARE COSTS 300.00 0.00 0.00 300.00 0.00 248-703-803.000 AUDIT FEES 0.00 0.00 0.00 0.00 0.00 Page 9 of 21 248-703-804.000 LEGAL EXPENSES 0.00 0.00 0.00 0.00 0.00 248-703-818.000 CONTRACTUAL 40,000.00 12,993.38 2,412.50 27,006.62 32.48 248-703-818.001 FARMERS MARKET EXPENSE 9,500.00 6,637.40 0.00 2,862.60 69.87 248-703-818.004 CELEBRATE DUNDEE 5,000.00 0.00 0.00 5,000.00 0.00 12/11/2025 11:13 AM Page: 1/2  REVENUE AND EXPENDITURE REPORT FOR DUNDEE VILLAGE Agenda Item #7.a Balance As Of 10/31/2025 *NOTE: Available Balance / Pct Budget does not reflect amounts encumbered. 25-26 YTD Balance Activity For Available Amended 10/31/2025 10/31/2025 Balance 10/31/2025 % Bdgt GL Number Description Budget Normal (Abnormal) Increase (Decrease) Normal (Abnormal) Used Fund: 248 DOWNTOWN DEVELOPMENT Account Category: Expenditures Department: 703 DDA 248-703-818.006 PUMPKIN PALOOZA 20,000.00 14,537.80 7,550.00 5,462.20 72.69 248-703-818.016 WITCHES NIGHT 0.00 0.00 0.00 0.00 0.00 248-703-818.017 HALLOWEEN BASH 2,500.00 0.00 0.00 2,500.00 0.00 248-703-822.000 BONDS AND INSURANCE 0.00 0.00 0.00 0.00 0.00 248-703-880.000 COMMUNITY PROMOTION/MARKETING/GRANT 17,500.00 3,611.90 0.00 13,888.10 20.64 248-703-880.001 COMMUNITY ART & EDUCATION 8,000.00 2,072.05 448.19 5,927.95 25.90 248-703-900.000 PUBLISHING 0.00 0.00 0.00 0.00 0.00 248-703-920.000 UTILITIES 0.00 85.69 10.54 (85.69) 100.00 248-703-936.000 GROUNDS 20,000.00 4,314.13 0.00 15,685.87 21.57 248-703-940.000 EQUIPMENT RENTAL 0.00 32,001.58 6,953.66 (32,001.58) 100.00 248-703-955.000 MISCELLANEOUS EXPENSE - OTHER 10,000.00 6,843.62 6,843.62 3,156.38 68.44 248-703-956.000 BANK CHARGES 0.00 0.00 0.00 0.00 0.00 248-703-958.000 DUES 0.00 0.00 0.00 0.00 0.00 248-703-965.101 TRANSFER OUT TO GENERAL FUND ADMIN C 0.00 0.00 0.00 0.00 0.00 248-703-968.000 DEPRECIATION EXPENSE 18,800.00 0.00 0.00 18,800.00 0.00 248-703-988.000 EQUIPMENT 0.00 0.00 0.00 0.00 0.00 Total Dept 703 - DDA 245,000.00 83,931.23 24,495.52 161,068.77 34.26 Department: 941 CONTRIBUTIONS TO OTHER FUNDS 248-941-965.211 TRANSFER TO DDA DEBT FUND 0.00 0.00 0.00 0.00 0.00 248-941-995.248 TRANSFER OUT TO DDA 0.00 0.00 0.00 0.00 0.00 Total Dept 941 - CONTRIBUTIONS TO OTHER FUNDS 0.00 0.00 0.00 0.00 0.00 Expenditures 245,000.00 83,931.23 24,495.52 161,068.77 34.26 Fund 248 - DOWNTOWN DEVELOPMENT: TOTAL REVENUES 256,200.00 164,104.46 24,443.16 92,095.54 64.05 TOTAL EXPENDITURES 245,000.00 83,931.23 24,495.52 161,068.77 34.26 NET OF REVENUES & EXPENDITURES: 11,200.00 80,173.23 (52.36) (68,973.23) Page 10 of 21 12/11/2025 11:13 AM Page: 2/2 11/07/2025 03:46 PM GL ACTIVITY REPORT FOR VILLAGE OF DUNDEE Page: 1/4 Agenda Item #7.a User: EJOHNSON DB: Dundee TRANSACTIONS FROM 10/01/2025 TO 10/31/2025 Date JNL Type Description Reference # Debits Credits Balance Fund 248 DOWNTOWN DEVELOPMENT 10/01/2025 248-000-001.100 CASH - GEN BEG. BALANCE 426,332.13 10/01/2025 CD CHK SUMMARY CD 10/01/2025 7,437.21 418,894.92 10/02/2025 CD CHK SUMMARY CD 10/02/2025 3,469.47 415,425.45 10/03/2025 PR CHK SUMMARY PR 10/03/2025 91.51 415,333.94 10/03/2025 PREQP EQP SUMMARY PREQP 10/03/2025 1,960.16 413,373.78 10/03/2025 CR RCPT 2025 HALLOWEEN BASH HOWARD CILLEY 69158 100.00 413,473.78 10/03/2025 CR RCPT 2025 HALLOWEEN BASH DUNDEE TRUCK & TRIM 69159 100.00 413,573.78 10/03/2025 CR RCPT 2025 HALLOWEEN BASH SPOTTS PORTABLE REST 69160 100.00 413,673.78 10/03/2025 CR RCPT 2025 HALLOWEEN BASH DUNDEE TAVERN 69163 100.00 413,773.78 10/03/2025 CR RCPT 2025 HALLOWEEN BASH CLEAN TECH 69164 500.00 414,273.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69186 200.00 414,473.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69187 25.00 414,498.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69189 25.00 414,523.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69190 25.00 414,548.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69191 25.00 414,573.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69192 25.00 414,598.78 10/07/2025 CR RCPT 2025 WITCHES NIGHT 69193 25.00 414,623.78 10/07/2025 CR RCPT 2025 HALLOWEEN BASH ROCKING HORSE 69195 100.00 414,723.78 10/08/2025 CR RCPT 2025 HALLOWEEN BASH 69220 250.00 414,973.78 10/09/2025 CR RCPT 2025 FARMERS MARKET REVENUE 10.5.2025 69240 545.00 415,518.78 10/09/2025 CR RCPT 2025 HALLOWEEN BASH 69253 100.00 415,618.78 10/09/2025 CR RCPT 2025 HALLOWEEN BASH 69254 100.00 415,718.78 10/09/2025 CR RCPT 2025 PUMPKIN PALLOZA KELLIE KING - L&K U 69255 55.00 415,773.78 10/09/2025 CR RCPT 2025 PUMPKIN PALLOZA SPONSOR - CULVERS 69256 1,000.00 416,773.78 10/09/2025 CR RCPT 2025 PUMPKIN PALLOZA MAJOR MUNCHIES FOOD 69257 55.00 416,828.78 10/09/2025 CR RCPT 2025 PUMPKIN PALOOZA VENDOR - GREG STATE 69258 35.00 416,863.78 10/09/2025 CR RCPT 2025 PUMPKIN PALOOZA REVENUE - TEE SHIRT 69260 225.00 417,088.78 10/09/2025 CR RCPT 2025 PUMPKIN PALOOZA VENDOR - ERIN EVELA 69261 45.00 417,133.78 10/10/2025 CR RCPT 2025 PUMPKIN PALOOZA VENDOR - JAMIE GIBB 69265 70.00 417,203.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69270 100.00 417,303.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69271 100.00 417,403.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69272 250.00 417,653.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69273 100.00 417,753.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69274 250.00 418,003.78 10/10/2025 CR RCPT 2025 HALLOWEEN BASH 69275 250.00 418,253.78 10/10/2025 CR RCPT 2025 WITCHES NIGHT 69294 25.00 418,278.78 10/15/2025 CD CHK SUMMARY CD 10/15/2025 10.54 418,268.24 10/16/2025 CD CHK SUMMARY CD 10/16/2025 13,330.13 404,938.11 10/17/2025 PR CHK SUMMARY PR 10/17/2025 93.99 404,844.12 10/17/2025 PREQP EQP SUMMARY PREQP 10/17/2025 2,939.36 401,904.76 10/22/2025 CD VOID Check: GEN 30504 30504 225.00 402,129.76 10/22/2025 CR RCPT 2025 HALLOWEEN BASH 69499 100.00 402,229.76 10/24/2025 CD CHK SUMMARY CD 10/24/2025 225.00 402,004.76 10/30/2025 CD CHK SUMMARY CD 10/30/2025 454.71 401,550.05 10/31/2025 PR CHK SUMMARY PR 10/31/2025 91.51 401,458.54 10/31/2025 PREQP EQP SUMMARY PREQP 10/31/2025 2,054.14 399,404.40 10/31/2025 248-000-001.100 END BALANCE 5,230.00 32,157.73 399,404.40 10/01/2025 248-000-017.000 INVESTMENTS IN MI CLASS BEG. BALANCE 15,687.70 10/31/2025 248-000-017.000 END BALANCE 0.00 0.00 15,687.70 10/01/2025 248-000-076.000 DUE FROM DUNDEE TOWNSHIP BEG. BALANCE (16,868.43) 10/31/2025 248-000-076.000 END BALANCE 0.00 0.00 (16,868.43) 10/01/2025 248-000-130.000 LAND BEG. BALANCE 282,394.00 10/31/2025 248-000-130.000 END BALANCE 0.00 0.00 282,394.00 10/01/2025 248-000-132.000 LAND IMPROVEMENTS DEPRECIABLE BEG. BALANCE 770,111.00 10/31/2025 248-000-132.000 END BALANCE 0.00 0.00 770,111.00 10/01/2025 248-000-133.000 ACCUM. DEPR. - LAND IMPROVEMENTS BEG. BALANCE (410,729.30) 10/31/2025 248-000-133.000 END BALANCE 0.00 0.00 (410,729.30) 10/01/2025 248-000-202.000 ACCOUNTS PAYABLE BEG. BALANCE (8,237.21) 10/01/2025 CD CHK SUMMARY CD 10/01/2025 7,437.21 (800.00) 10/02/2025 AP INV 10/2/25 DDA - PHILANTHROPY PLAYOFFS 1 - PHILANTHR PLAYOFFS 1 3,469.47 (4,269.47) 10/02/2025 CD CHK SUMMARY CD 10/02/2025 3,469.47 (800.00) 10/06/2025 AP INV 131 RILEY ST 8/30/25 - 9/30/25 92000146 131RILE8/30-9/30-25 10.54 (810.54) 10/07/2025 AP INV DDA - P PALOOZA - HEAVIEST PUMPKIN H5TH P PUMPKIN 5TH PLACE 200.00 (1,010.54) 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 7THH PPUMPKIN 7TH PL 75.00 (1,085.54) 10/07/2025 AP INV PUMPKIN PALOOZA 2025 HEAVIEST PUMPKINH 9T PUMPKIN 9TH PL 75.00 (1,160.54) 10/07/2025 AP INV PPAL 2025 HEAVIEST PUMPKIN 6TH PLACE H PUMPKIN 6TH PLACE 100.00 (1,260.54) 10/07/2025 AP INV DDA - P. PAL. - 2025 HEAVIEST PUMPKIN H10PUMPKIN 10TH PL 150.00 (1,410.54) 10/07/2025 AP INV P PAL 2025 LARGEST SUNFLOWER HEAD L 2ND PL SNFLWR HEAD 2ND PL 75.00 (1,485.54) 10/07/2025 AP INV DDA - P PALOOZA 2025 - HEAVIEST PUMPKIN H PUMPKIN 3RDPL 2025 750.00 (2,235.54) 10/07/2025 AP INV 10/6/25 DDA PUMP PAL 2025 - HEAVIEST H PUM PUMPKIN 1ST PLACE 3,150.00 (5,385.54) 10/07/2025 AP INV PPAL 2025 H SQUASH 2ND H WATERMELON 1ST H SQUASH 2ND PL 300.00 (5,685.54) 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 4THH PPUMPKIN 4TH PL 575.00 (6,260.54) 10/07/2025 AP INV P. PAL 2025 - HEAVIEST FIELD PUMPKIN H 1ST FIELD PUMPK 1ST PL 225.00 (6,485.54) 10/07/2025 AP INV PPAL 2025 - TALLEST CORN 1ST PLACETALLEST 10/4 CORN 1ST PLA 75.00 Page 11 of 21 (6,560.54) 11/07/2025 03:46 PM GL ACTIVITY REPORT FOR VILLAGE OF DUNDEE Page: 2/4 Agenda Item #7.a User: EJOHNSON DB: Dundee TRANSACTIONS FROM 10/01/2025 TO 10/31/2025 Date JNL Type Description Reference # Debits Credits Balance 248-000-202.000 ACCOUNTS PAYABLE (Continued) 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 8TH HP PUMPKIN 8TH PL 75.00 (6,635.54) 10/07/2025 AP INV PPAL 2025 - HEAVIEST TOMATO 1ST PL H TOMATO 1ST PL 75.00 (6,710.54) 10/07/2025 AP INV DDA - P PAL. 2025 - HEAVIEST FIELD PUMPK HEAVIEST PUMP 2ND P 1,650.00 (8,360.54) 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 2,162.50 (10,523.04) 10/14/2025 AP INV 10/14/25 DDA - PHILANTHROPY PLAYOFFS 2 PHILANTHR - PLAYOFF 2 3,274.15 (13,797.19) 10/15/2025 CD CHK SUMMARY CD 10/15/2025 10.54 (13,786.65) 10/16/2025 AP INV 10/10/25 DDA - DUNDEE WITCHES NITE ON 10 WITCHES NIGHT 2025 250.00 (14,036.65) 10/16/2025 AP INV 10/6/25 DDA - REIMB CHARLES BOOTH CFORBOOTH VI REIMB COMM A 93.48 (14,130.13) 10/16/2025 CD CHK SUMMARY CD 10/16/2025 13,330.13 (800.00) 10/22/2025 AP VOID Void Invoice H FIELD PUMPK 1ST PL H96525 FIELD PUMPK 1ST PL 225.00 (575.00) 10/22/2025 CD VOID Check: GEN 30504 30504 225.00 (800.00) 10/22/2025 AP INV 10/22/25 P PAL WINNER 1ST PLACE HEAVIEST P PAL 2025 WINNER 75.00 (875.00) 10/23/2025 AP INV P. PAL 2025 - LARGEST SUNFLOWER HEAD 1ST LARGEST SUNFL HEAD 150.00 (1,025.00) 10/24/2025 CD CHK SUMMARY CD 10/24/2025 225.00 (800.00) 10/27/2025 AP INV 10/24/25 - DDA - REIM TO L CROSS FOR L COM CROSS REIMB 375.43 354.71 (1,154.71) 10/29/2025 AP INV 10/30/25 DDA - PHILANTHROPY PLAYOFFS 3 PHILANTHR - PLAYOFFS 3 100.00 (1,254.71) 10/30/2025 CD CHK SUMMARY CD 10/30/2025 454.71 (800.00) 10/31/2025 248-000-202.000 END BALANCE 25,152.06 17,714.85 (800.00) 10/01/2025 248-000-339.000 DEFERRED REVENUE BEG. BALANCE (570.00) 10/31/2025 248-000-339.000 END BALANCE 0.00 0.00 (570.00) 10/01/2025 248-000-390.000 FUND BALANCE BEG. BALANCE (301,610.83) 10/31/2025 248-000-390.000 END BALANCE 0.00 0.00 (301,610.83) 10/01/2025 248-000-391.000 NET POSITION INVESTED IN CAPITAL ASSETS BEG. BALANCE (676,829.27) 10/31/2025 248-000-391.000 END BALANCE 0.00 0.00 (676,829.27) 10/01/2025 248-000-402.000 CURRENT TAXES BEG. BALANCE (119,517.29) 10/31/2025 248-000-402.000 END BALANCE 0.00 0.00 (119,517.29) 10/01/2025 248-000-665.000 INTEREST ON INVESTMENT BEG. BALANCE (475.49) 10/31/2025 248-000-665.000 END BALANCE 0.00 0.00 (475.49) 10/01/2025 248-000-670.002 FARMER'S MARKET INCOME BEG. BALANCE (4,058.00) 10/09/2025 CR RCPT FARMER'S MARKET INCOME 69240 545.00 (4,603.00) 10/31/2025 248-000-670.002 END BALANCE 0.00 545.00 (4,603.00) 10/01/2025 248-000-677.011 MISC REVENUE-PUMPKIN PALOOZA BEG. BALANCE (12,805.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69255 55.00 (12,860.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69256 1,000.00 (13,860.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69257 55.00 (13,915.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69258 35.00 (13,950.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69260 225.00 (14,175.00) 10/09/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69261 45.00 (14,220.00) 10/10/2025 CR RCPT MISC REVENUE-PUMPKIN PALOOZA 69265 70.00 (14,290.00) 10/31/2025 248-000-677.011 END BALANCE 0.00 1,485.00 (14,290.00) 10/01/2025 248-000-677.016 MISC REVENUE - WITCHES NIGHT BEG. BALANCE 0.00 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69186 200.00 (200.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69187 25.00 (225.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69189 25.00 (250.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69190 25.00 (275.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69191 25.00 (300.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69192 25.00 (325.00) 10/07/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69193 25.00 (350.00) 10/10/2025 CR RCPT MISC REVENUE - WITCHES NIGHT 69294 25.00 (375.00) 10/31/2025 248-000-677.016 END BALANCE 0.00 375.00 (375.00) 10/01/2025 248-000-677.017 MISC REVENUE-HALLOWEEN BASH BEG. BALANCE (1,782.57) 10/03/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69158 100.00 (1,882.57) 10/03/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69159 100.00 (1,982.57) 10/03/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69160 100.00 (2,082.57) 10/03/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69163 100.00 (2,182.57) 10/03/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69164 500.00 (2,682.57) 10/07/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69195 100.00 (2,782.57) 10/08/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69220 250.00 (3,032.57) 10/09/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69253 100.00 (3,132.57) 10/09/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69254 100.00 (3,232.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69270 100.00 (3,332.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69271 100.00 (3,432.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69272 250.00 (3,682.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69273 100.00 (3,782.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69274 250.00 (4,032.57) 10/10/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69275 250.00 (4,282.57) 10/22/2025 CR RCPT MISC REVENUE-HALLOWEEN BASH 69499 100.00 (4,382.57) 10/31/2025 248-000-677.017 END BALANCE 0.00 2,600.00 (4,382.57) Page 12 of 21 11/07/2025 03:46 PM GL ACTIVITY REPORT FOR VILLAGE OF DUNDEE Page: 3/4 Agenda Item #7.a User: EJOHNSON DB: Dundee TRANSACTIONS FROM 10/01/2025 TO 10/31/2025 Date JNL Type Description Reference # Debits Credits Balance 10/01/2025 248-000-680.000 MISCELLANEOUS INCOME - OTHER BEG. BALANCE (477.15) 10/31/2025 248-000-680.000 END BALANCE 0.00 0.00 (477.15) 10/01/2025 248-703-702.000 WAGES - GENERAL BEG. BALANCE 289.44 10/03/2025 PR CHK SUMMARY PR 10/03/2025 82.70 372.14 10/17/2025 PR CHK SUMMARY PR 10/17/2025 82.70 454.84 10/31/2025 PR CHK SUMMARY PR 10/31/2025 82.70 537.54 10/31/2025 248-703-702.000 END BALANCE 248.10 0.00 537.54 10/01/2025 248-703-710.000 FICA BEG. BALANCE 22.15 10/03/2025 PR CHK SUMMARY PR 10/03/2025 6.33 28.48 10/17/2025 PR CHK SUMMARY PR 10/17/2025 6.33 34.81 10/31/2025 PR CHK SUMMARY PR 10/31/2025 6.33 41.14 10/31/2025 248-703-710.000 END BALANCE 18.99 0.00 41.14 10/01/2025 248-703-718.000 RETIREMENT BEG. BALANCE 8.68 10/03/2025 PR CHK SUMMARY PR 10/03/2025 2.48 11.16 10/17/2025 PR CHK SUMMARY PR 10/17/2025 4.96 16.12 10/31/2025 PR CHK SUMMARY PR 10/31/2025 2.48 18.60 10/31/2025 248-703-718.000 END BALANCE 9.92 0.00 18.60 10/01/2025 248-703-727.000 SUPPLIES BEG. BALANCE 236.40 10/31/2025 248-703-727.000 END BALANCE 0.00 0.00 236.40 10/01/2025 248-703-818.000 CONTRACTUAL BEG. BALANCE 10,580.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 40.00 10,620.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 420.00 11,040.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 420.00 11,460.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 280.00 11,740.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 140.00 11,880.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 280.00 12,160.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 65.00 12,225.88 10/08/2025 AP INV 10/7/25 - DDA - 2025 - 2026 DDA PLAN INV 2181185 517.50 12,743.38 10/16/2025 AP INV 10/10/25 DDA - DUNDEE WITCHES NITE ON 10 WITCHES NIGHT 2025 250.00 12,993.38 10/31/2025 248-703-818.000 END BALANCE 2,412.50 0.00 12,993.38 10/01/2025 248-703-818.001 FARMERS MARKET EXPENSE BEG. BALANCE 6,637.40 10/31/2025 248-703-818.001 END BALANCE 0.00 0.00 6,637.40 10/01/2025 248-703-818.006 PUMPKIN PALOOZA BEG. BALANCE 6,987.80 10/07/2025 AP INV DDA - P PALOOZA - HEAVIEST PUMPKIN H5TH P PUMPKIN 5TH PLACE 200.00 7,187.80 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 7THH PPUMPKIN 7TH PL 75.00 7,262.80 10/07/2025 AP INV PUMPKIN PALOOZA 2025 HEAVIEST PUMPKINH 9T PUMPKIN 9TH PL 75.00 7,337.80 10/07/2025 AP INV PPAL 2025 HEAVIEST PUMPKIN 6TH PLACE H PUMPKIN 6TH PLACE 100.00 7,437.80 10/07/2025 AP INV DDA - P. PAL. - 2025 HEAVIEST PUMPKIN H10PUMPKIN 10TH PL 75.00 7,512.80 10/07/2025 AP INV DDA - P. PAL. - 2025 HEAVIEST PUMPKIN H10PUMPKIN 10TH PL 75.00 7,587.80 10/07/2025 AP INV P PAL 2025 LARGEST SUNFLOWER HEAD L2ND PL SNFLWR HEAD 2ND PL 75.00 7,662.80 10/07/2025 AP INV DDA - P PALOOZA 2025 - HEAVIEST PUMPKIN H PUMPKIN 3RDPL 2025 750.00 8,412.80 10/07/2025 AP INV 10/6/25 DDA PUMP PAL 2025 - HEAVIEST H PUM PUMPKIN 1ST PLACE 3,000.00 11,412.80 10/07/2025 AP INV 10/6/25 DDA PUMP PAL 2025 - HEAVIEST H PUM PUMPKIN 1ST PLACE 150.00 11,562.80 10/07/2025 AP INV PPAL 2025 H SQUASH 2ND H WATERMELON 1ST H SQUASH 2ND PL 75.00 11,637.80 10/07/2025 AP INV PPAL 2025 H SQUASH 2ND H WATERMELON 1ST H SQUASH 2ND PL 150.00 11,787.80 10/07/2025 AP INV PPAL 2025 H SQUASH 2ND H WATERMELON 1ST H SQUASH 2ND PL 75.00 11,862.80 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 4THH PPUMPKIN 4TH PL 500.00 12,362.80 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 4THH PPUMPKIN 4TH PL 75.00 12,437.80 10/07/2025 AP INV P. PAL 2025 - HEAVIEST FIELD PUMPKIN H 1ST FIELD PUMPK 1ST PL 75.00 12,512.80 10/07/2025 AP INV P. PAL 2025 - HEAVIEST FIELD PUMPKIN H 1ST FIELD PUMPK 1ST PL 75.00 12,587.80 10/07/2025 AP INV P. PAL 2025 - HEAVIEST FIELD PUMPKIN H 1ST FIELD PUMPK 1ST PL 75.00 12,662.80 10/07/2025 AP INV PPAL 2025 - TALLEST CORN 1ST PLACETALLEST 10/4 CORN 1ST PLA 75.00 12,737.80 10/07/2025 AP INV PUMPKIN PALOOZA - HEAVIEST PUMPKIN 8TH HP PUMPKIN 8TH PL 75.00 12,812.80 10/07/2025 AP INV PPAL 2025 - HEAVIEST TOMATO 1ST PL H TOMATO 1ST PL 75.00 12,887.80 10/07/2025 AP INV DDA - P PAL. 2025 - HEAVIEST FIELD PUMPK HEAVIEST PUMP 2ND P 1,500.00 14,387.80 10/07/2025 AP INV DDA - P PAL. 2025 - HEAVIEST FIELD PUMPK HEAVIEST PUMP 2ND P 75.00 14,462.80 10/07/2025 AP INV DDA - P PAL. 2025 - HEAVIEST FIELD PUMPK HEAVIEST PUMP 2ND P 75.00 14,537.80 10/22/2025 AP VOID Void Invoice H FIELD PUMPK 1ST PL H96525 FIELD PUMPK 1ST PL 75.00 14,462.80 10/22/2025 AP VOID Void Invoice H FIELD PUMPK 1ST PL H96525 FIELD PUMPK 1ST PL 75.00 14,387.80 10/22/2025 AP VOID Void Invoice H FIELD PUMPK 1ST PL H96525 FIELD PUMPK 1ST PL 75.00 14,312.80 10/22/2025 AP INV 10/22/25 P PAL WINNER 1ST PLACE HEAVIEST P PAL 2025 WINNER 75.00 14,387.80 10/23/2025 AP INV P. PAL 2025 - LARGEST SUNFLOWER HEAD 1ST LARGEST SUNFL HEAD 75.00 14,462.80 10/23/2025 AP INV P. PAL 2025 - LARGEST SUNFLOWER HEAD 1ST LARGEST SUNFL HEAD 75.00 14,537.80 10/31/2025 248-703-818.006 END BALANCE 7,775.00 225.00 14,537.80 10/01/2025 248-703-880.000 COMMUNITY PROMOTION/MARKETING/GRANT BEG. BALANCE 3,611.90 10/31/2025 248-703-880.000 END BALANCE 0.00 0.00 3,611.90 10/01/2025 248-703-880.001 COMMUNITY ART & EDUCATION BEG. BALANCE 1,623.86 10/16/2025 AP INV 10/6/25 DDA - REIMB CHARLES BOOTH C FORBOOTH VI REIMB COMM A 93.48 1,717.34 10/27/2025 AP INV 10/24/25 - DDA - REIM TO L CROSS FOR L COM CROSS REIMB 375.43 354.71 2,072.05 10/31/2025 248-703-880.001 END BALANCE 448.19 0.00 2,072.05 Page 13 of 21 11/07/2025 03:46 PM GL ACTIVITY REPORT FOR VILLAGE OF DUNDEE Page: 4/4 Agenda Item #7.a User: EJOHNSON DB: Dundee TRANSACTIONS FROM 10/01/2025 TO 10/31/2025 Date JNL Type Description Reference # Debits Credits Balance 10/01/2025 248-703-920.000 UTILITIES BEG. BALANCE 75.15 10/06/2025 AP INV 131 RILEY ST 8/30/25 - 9/30/25 92000146 131RILE8/30-9/30-25 10.54 85.69 10/31/2025 248-703-920.000 END BALANCE 10.54 0.00 85.69 10/01/2025 248-703-936.000 GROUNDS BEG. BALANCE 4,314.13 10/31/2025 248-703-936.000 END BALANCE 0.00 0.00 4,314.13 10/01/2025 248-703-940.000 EQUIPMENT RENTAL BEG. BALANCE 25,047.92 10/03/2025 PREQP EQP SUMMARY PREQP 10/03/2025 1,960.16 27,008.08 10/17/2025 PREQP EQP SUMMARY PREQP 10/17/2025 2,939.36 29,947.44 10/31/2025 PREQP EQP SUMMARY PREQP 10/31/2025 2,054.14 32,001.58 10/31/2025 248-703-940.000 END BALANCE 6,953.66 0.00 32,001.58 10/01/2025 248-703-955.000 MISCELLANEOUS EXPENSE - OTHER BEG. BALANCE 0.00 10/02/2025 AP INV 10/2/25 DDA - PHILANTHROPY PLAYOFFS 1 - PHILANTHR PLAYOFFS 1 3,469.47 3,469.47 10/14/2025 AP INV 10/14/25 DDA - PHILANTHROPY PLAYOFFS 2 PHILANTHR - PLAYOFF 2 3,274.15 6,743.62 10/29/2025 AP INV 10/30/25 DDA - PHILANTHROPY PLAYOFFS 3 PHILANTHR - PLAYOFFS 3 100.00 6,843.62 10/31/2025 248-703-955.000 END BALANCE 6,843.62 0.00 6,843.62 Page 14 of 21 11/07/2025 03:27 PM RECEIPT DISTRIBUTION REPORT FOR VILLAGE OF DUNDEE Page: 1/1 Agenda Item #7.a User: EJOHNSON Post Date from 10/01/2025 - 10/31/2025 Open And Completed Receipts DB: Dundee Receipt # Wkstn Received Of Item Reference Post Date Amount Fund: 248 DOWNTOWN DEVELOPMENT GL #: 248-000-670.002 FARMER'S MARKET INCOME 69240 FARMER'S MARKET FARMER'S MARKET INCOME 10/09/2025 545.00 Total For 248-000-670.002 FARMER'S MARKET INCOME: 545.00 GL #: 248-000-677.011 MISC REVENUE-PUMPKIN PALOOZA 69255 KELLIE KING MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 55.00 69256 JOKKER FIVE INC. MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 1,000.00 69257 MAJOR MUNCHIES MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 55.00 69258 GREG STATEN MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 35.00 69260 PUMPKIN PALOOZA MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 225.00 69261 ERIN EVELAND MISC REVENUE-PUMPKIN PALOOZA 10/09/2025 45.00 69265 JAMIE GIBBS MISC REVENUE-PUMPKIN PALOOZA 10/10/2025 70.00 Total For 248-000-677.011 MISC REVENUE-PUMPKIN PALOOZA: 1,485.00 GL #: 248-000-677.016 MISC REVENUE - WITCHES NIGHT 69186 BILLIE LIVINGSTON MISC REVENUE - WITCHES NIGHT 10/07/2025 200.00 69187 MAUREEN BROOKER MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69189 ANTHONY BOWLER MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69190 JOHNSON'S HOMESTEAD MARKET MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69191 KATHERINE RHODES MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69192 THE BIG JERROWSKI MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69193 LEIGH-ANN GRUPP MISC REVENUE - WITCHES NIGHT 10/07/2025 25.00 69294 MYSTIC MAN MISC REVENUE - WITCHES NIGHT 10/10/2025 25.00 Total For 248-000-677.016 MISC REVENUE - WITCHES NIGHT: 375.00 GL #: 248-000-677.017 MISC REVENUE-HALLOWEEN BASH 69158 HOWARD CILLEY MISC REVENUE-HALLOWEEN BASH 10/03/2025 100.00 69159 DUNDEE TRUCK & TRIM MISC REVENUE-HALLOWEEN BASH 10/03/2025 100.00 69160 SPOTTS PORTABLE RESTROOMS MISC REVENUE-HALLOWEEN BASH 10/03/2025 100.00 69163 DUNDEE TAVERN, LLC MISC REVENUE-HALLOWEEN BASH 10/03/2025 100.00 69164 CLEAN TECH MISC REVENUE-HALLOWEEN BASH 10/03/2025 500.00 69195 ROCKING HORSE MISC REVENUE-HALLOWEEN BASH 10/07/2025 100.00 69220 MERKLE FUNERAL SERVICE, INC. MISC REVENUE-HALLOWEEN BASH 10/08/2025 250.00 69253 HISTORICAL PRESERVATION SOCIETY MISC REVENUE-HALLOWEEN BASH 10/09/2025 100.00 69254 DUNDEE DEVELOPMENT CORP MISC REVENUE-HALLOWEEN BASH 10/09/2025 100.00 69270 THE FUR FACTORY MISC REVENUE-HALLOWEEN BASH 10/10/2025 100.00 69271 CELLA MAR MISC REVENUE-HALLOWEEN BASH 10/10/2025 100.00 69272 DUNDEE STORAGE MISC REVENUE-HALLOWEEN BASH 10/10/2025 250.00 69273 TIFFANY'S PIZZA MISC REVENUE-HALLOWEEN BASH 10/10/2025 100.00 69274 TLC COMMUNITY CREDIT MISC REVENUE-HALLOWEEN BASH 10/10/2025 250.00 69275 ROE INSURANCE AGENCY MISC REVENUE-HALLOWEEN BASH 10/10/2025 250.00 69499 DUNDEE AREA BUSINESS ASSOCIATION MISC REVENUE-HALLOWEEN BASH 10/22/2025 100.00 Total For 248-000-677.017 MISC REVENUE-HALLOWEEN BASH: 2,600.00 Total For Fund 248 DOWNTOWN DEVELOPMENT: 5,005.00 Total Distributed Receipts: 5,005.00 Grand Total: 5,005.00 Page 15 of 21 11/13/2025 08:38 AM BALANCE SHEET FOR VILLAGE OF DUNDEE Page: 1/1 Agenda Item #7.a User: EJOHNSON Period Ending 10/31/2025 DB: Dundee Fund 248 DOWNTOWN DEVELOPMENT GL Number Description Balance *** Assets *** 248-000-001.100 CASH - GEN 401,865.00 248-000-017.000 INVESTMENTS IN MI CLASS 15,687.70 248-000-076.000 DUE FROM DUNDEE TOWNSHIP (16,868.43) 248-000-130.000 LAND 282,394.00 248-000-132.000 LAND IMPROVEMENTS DEPRECIABLE 770,111.00 248-000-133.000 ACCUM. DEPR. - LAND IMPROVEMENTS (410,729.30) Total Assets 1,042,459.97 *** Liabilities *** 248-000-202.000 ACCOUNTS PAYABLE 800.00 248-000-339.000 DEFERRED REVENUE 570.00 Total Liabilities 1,370.00 *** Fund Balance *** 248-000-390.000 FUND BALANCE 301,610.83 248-000-391.000 NET POSITION INVESTED IN CAPITAL ASSETS 676,829.27 Total Fund Balance 978,440.10 Beginning Fund Balance 978,440.10 Net of Revenues VS Expenditures 62,649.87 Ending Fund Balance 1,041,089.97 Total Liabilities And Fund Balance 1,042,459.97 Page 16 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 TO: Board of Directors DATE: January 14th, 2026 FROM: Elizabeth Johnson, Finance Director SUBJECT: Interim Financial Statements as of November 30th, 2025 FINANCIAL SUMMARY HIGHLIGHTS For the reporting period ending November 30th, 2025 (unaudited), total expenses incurred to date are $111,986.66 which is approximately 45% of the annual budget. November expenses incurred totaled $28,055.43. These expenses are unaudited and exclude year-end adjustments and accruals currently. The total will change as these adjustments are made during the audit preparation process for the fiscal year end February 28, 2026. August activity comprised of the following: Revenues: - Tax-$103 - Interest - $114 Expenditures: - Misc: Community Foundation Halloween Bash $6,843 - Contractual: $24,078 o Todd Ott $20,000 - Equipment Rental: $3,682 - Misc Exp: $102 – Reimbursement Farmer's Pumpkin Witches Halloween Year to Date Market Palooza Night Bash Other Total $ $ $ $ $ $ Revenue 4,603.00 15,790.00 375.00 6,933.82 136,620.32 164,322.14 $ $ $ $ $ $ Expenditure 6,637.40 14,537.80 250.00 6,843.62 83,717.84 111,986.66 Net Income $ $ $ $ $ $ (loss) (2,034.40) 1,252.20 125.00 90.20 52,902.48 52,335.48 Page 17 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 Full Year Budget Comments: - Equipment rental is the second highest expenditure totaling $35,683.61 for the fiscal year o Equipment rental is based on the State’s Schedule C Reporting Rates and updated on January 1 of each calendar year o The budget amendment to include Equipment Rental has been postponed as the overall fund is staying well within budget, this will done in Q4 - Revenue and Expense (Farmer’s Market) have been corrected in September as previously outlined. - The Village Tax Capture has been posted as of September Page 18 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 TO: Board of Directors DATE: January 14th, 2026 FROM: Elizabeth Johnson, Finance Director SUBJECT: Interim Financial Statements as of December 31st, 2025 FINANCIAL SUMMARY HIGHLIGHTS For the reporting period ending December 31st, 2025 (unaudited), total expenses incurred to date are $122,860.10 which is approximately 50% of the annual budget. November expenses incurred totaled $10,873.44. These expenses are unaudited and exclude year-end adjustments and accruals currently. The total will change as these adjustments are made during the audit preparation process for the fiscal year end February 28, 2026. August activity comprised of the following: Revenues: - Pumpkin Palooza - $675 Expenditures: - Misc: Community Foundation Halloween Bash $6,843 - Contractual: $2,315 - Community Art: $2,000 - Equipment Rental: $5,057 - Computer Software: $300 o DDA Portion of BS&A Cloud Training Farmer's Pumpkin Witches Halloween Year to Date Market Palooza Night Bash Other Total $ $ $ $ $ Revenue 4,603.00 16,465.00 375.00 6,933.82 136,620.32 164,997.14 $ $ $ $ $ $ Expenditure 6,637.40 14,537.80 250.00 6,843.62 94,591.28 122,860.10 Net Income $ $ $ $ $ $ (loss) (2,034.40) 1,927.20 125.00 90.20 42,029.04 42,137.04 Page 19 of 21 Agenda Item #7.a Board of Directors January 14th, 2026 Full Year Budget Comments: - Equipment rental is the highest expenditure totaling $40,743.83 for the fiscal year o Equipment rental is based on the State’s Schedule C Reporting Rates and updated on January 1 of each calendar year o The budget amendment to include Equipment Rental has been postponed as the overall fund is staying well within budget, this will done in Q4 - Revenue and Expense (Farmer’s Market) have been corrected in September as previously outlined. - The Village Tax Capture has been posted as of September - Primary increase in expenses due to Carlisle Wortman DDA TIF plan progress - Page 20 of 21 Agenda Item #7.b BUDGET REPORT FOR DUNDEE VILLAGE Calculations As Of 03/31/2026 25-26 26-27 26-27 Amended Budget Projected Adopted GL Number Description Fund: 248 DOWNTOWN DEVELOPMENT Account Category: Estimated Revenues 248-000-402.000 CURRENT TAXES 217,000.00 0.00 219,000.00 248-000-573.000 LOCAL COMMUNITY STABILIZATION SH 15,000.00 0.00 15,000.00 248-000-665.000 INTEREST ON INVESTMENT 100.00 0.00 100.00 248-000-670.002 FARMER'S MARKET INCOME 5,000.00 0.00 4,500.00 248-000-677.010 MISC REVENUE -CELEBRATE DUNDEE 2,200.00 0.00 0.00 248-000-677.011 MISC REVENUE-PUMPKIN PALOOZA 11,900.00 0.00 15,000.00 248-000-677.016 MISC REVENUE - WITCHES NIGHT 0.00 0.00 300.00 248-000-677.017 MISC REVENUE-HALLOWEEN BASH 4,700.00 0.00 5,000.00 248-000-680.000 MISCELLANEOUS INCOME - OTHER 300.00 0.00 300.00 Estimated Revenues 256,200.00 0.00 259,200.00 Account Category: Appropriations 248-703-702.000 WAGES - GENERAL 70,000.00 0.00 65,000.00 ECONOMIC DEVELOPMENT DIRECTOR 0.00 30,000.00 FINANCE 0.00 15,000.00 CLERK 0.00 20,000.00 GL # FOOTNOTE TOTAL 0.00 65,000.00 248-703-710.000 FICA 5,400.00 0.00 5,400.00 248-703-714.000 BENEFITS 15,000.00 0.00 15,000.00 SUBJECT TO CHANGE BASED ON ECONOMIC DEVELOPMENT DIRECTOR HIRING 248-703-718.000 RETIREMENT 1,500.00 0.00 2,500.00 248-703-727.000 SUPPLIES 1,500.00 0.00 2,500.00 248-703-728.000 COMPUTER/SOFTWARE COSTS 300.00 0.00 7,000.00 SERVER UPGRADE 0.00 5,000.00 BS&A ANNUAL 0.00 2,000.00 GL # FOOTNOTE TOTAL 0.00 7,000.00 248-703-818.000 CONTRACTUAL 40,000.00 0.00 40,000.00 LIGHTS 0.00 20,000.00 FARMERS MARKET MANAGER INCREASE 1500 CARLISLE WORTMAN DDA TIF 248-703-818.001 FARMERS MARKET EXPENSE 9,500.00 0.00 9,500.00 248-703-818.002 WITCHES NIGHT 0.00 0.00 300.00 248-703-818.004 CELEBRATE DUNDEE 5,000.00 0.00 0.00 248-703-818.006 PUMPKIN PALOOZA 20,000.00 0.00 15,000.00 TO BE IN LINE WITH PREVIOUS EXPENDITURES 248-703-818.017 HALLOWEEN BASH 2,500.00 0.00 1,000.00 TO BE IN LINE WITH PRIOR EXPENDITURES 0.00 1,000.00 248-703-880.000 COMMUNITY PROMOTION/MARKETING/GR 17,500.00 0.00 27,500.00 BUSINESS SUMMIT 0.00 4,000.00 FACADE GRANTS 0.00 10,000.00 GL # FOOTNOTE TOTAL 0.00 14,000.00 248-703-880.001 COMMUNITY ART & EDUCATION 8,000.00 0.00 2,500.00 248-703-936.000 GROUNDS 20,000.00 0.00 25,000.00 RIVERWALK PROJECT 0.00 20,000.00 FLOWERS/ETC 0.00 5,000.00 GL # FOOTNOTE TOTAL 0.00 25,000.00 248-703-940.000 EQUIPMENT RENTAL 0.00 0.00 40,000.00 IN LINE WITH ACTUAL FY 25/26 0.00 50,000.00 248-703-955.000 MISCELLANEOUS EXPENSE - OTHER 10,000.00 0.00 1,000.00 248-703-968.000 DEPRECIATION EXPENSE 18,800.00 0.00 0.00 Appropriations 245,000.00 0.00 259,200.00 Fund 248 - DOWNTOWN DEVELOPMENT: TOTAL ESTIMATED REVENUES 256,200.00 0.00 259,200.00 TOTAL APPROPRIATIONS 245,000.00 0.00 259,200.00 NET OF REVENUES & APPROPRIATIONS: 11,200.00 0.00 0.00 01/13/2026 01:04 PM Page: 1/1 Page 21 of 21