At their final meeting of 2013, the Naperville Park District Board approved the proposed 2014 budget.
The $46.4 million budget runs at a $10 million deficit, but that’s due, in part, to the main 2014 capital project: construction of the Knoch Knolls Nature Center.
“District wide we are at a $10 million deficit, and that’s a planned deficit, it’s not a bad thing,” said Sue Stanish, Director of Finance at the Park District. “It’s because of a large capital program that we have. We have funds on-hand from last year that we’re going to be spending down this year to cause that deficit.”
Commissioner Bill Egan was the only member to vote ‘no’ because the budget included funds for golf repairs and he believes the golf enterprise fund and the general fund should be separate.
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