As the end of 2014 approaches, the Naperville Park District Board met to discuss the financial year ahead.
The total proposed budget for 2015 is $56.2 million, an increase of about $9 million from last year.
“For our year-end, we’re projecting a very strong finish overall, there’s nothing unusual or out of the ordinary that had happened to us overall as a district,” said Sue Stanish, Director of Finance for Naperville Park District. “For 15, another strong year, and we are projecting modest increases in the budget to support things such as all of our park maintenance initiatives, and really a lot of our funds for 2015 will be used for our new activity center of which we have a lot of funds in the bank on hand that will be used to fund that project.”
More dollars will be set aside to maintain the newly opened Knoch Knolls Nature Center, as the recreation and general fund expenses are also expected to go up 4.2%.
The increase in the budget includes $20.7 million in capital projects, which includes renovations to the Hunters Woods playground and bridge, as well as work on the tennis courts at Ashbury Park.
The plan must be adopted before the end of the first quarter in 2015.
The next park board meeting will be held on December 11.
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