DeKALB – DeKalb Park District tentatively approved a $7.3 million budget for fiscal 2015, which starts March 1.
Park district leaders project they will collect $7,081,451 in revenue next fiscal year and spend $7,315,324. The $230,000 difference will come from funds the district saved to be carried over from the current fiscal year in order to complete Americans with Disabilities Act improvements, Assistant Director Lisa Small said.
At the end of fiscal 2015, the district is projected to have $3.4 million in its fund balance.
The tentative budget includes funding for bigger maintenance projects. The district expects to spend $240,000 on ADA projects across its facilities; $235,000 on trucks, lawn mowers and lawn grooming tools; $125,000 on building maintenance; $136,000 in paving projects; and $75,000 on playgrounds.
Revenues are budgeted about $200,000 less than this year and expenditures are projected to decrease about $300,000, which Small tied to a grant from the Illinois Department of Natural Resources the district had last fiscal year.
Park Board President Phil Young said the budget is based on the assumption the district won’t see any increase in tax dollars.
“We’re looking at where the economy is at and where it’s going and what people want from the park district,” Young said.
The budget is silent on any funding for Hopkins Pool, which the Pool Consideration Committee and Park Board members are still discussing. If the district wanted to make changes to the 39-year-old facility, it would need to issue bonds for the project, Small said.
“Just because it’s not in the budget doesn’t mean we’re not capable,” Young said. “I think we’re in a good spot and by the end of the year, we will have an idea of where we’re going with the pool.”
Bonds for the Sports and Recreation Center will be paid off in 2019.
The park district is also waiting to hear about several grants, one of which would allow for the bandshell in Hopkins Park to be rebuilt, increase parking and redirect the drive into the park.
Park commissioners will take final action on the budget March 13. The budget will be available for the public to view on the DeKalb Park District’s website, www.dekalbparkdistrict.com.