frankfort-square-park-district.2

Frankfort Square Park District Approves Budget Amid County Tax Adjustment, Funds Major Projects

Spread the love

The Frankfort Square Park District Board of Commissioners unanimously approved its operating budget for the 2025-2026 fiscal year during its April 17 meeting, earmarking funds for major ongoing projects and a new slate of capital improvements valued at $122,000.

The balanced corporate budget, totaling $4,975,448, was adopted following a presentation by Executive Director Audrey Marcquenski, who noted the district is navigating a complex financial landscape this year. In a report to the board, Marcquenski described it as a “highly unusual year due to the Will County adjustment.” She explained that with the 2023 tax levy, Will County had underestimated the Equalized Assessed Valuation (EAV) in Cook County, which led to Will County overestimating its own share for distribution. The county will now “take back” that amount through a decrease in upcoming tax distributions.

Despite the adjustment, Marcquenski assured the board that “the FSPD is in a strong position and can still accomplish the exciting capital improvement projects currently underway and planned for this coming season for the FSPD residents.”

The budget passed with a 6-0 vote from commissioners Phil Cherry, Frank Florentine, Ryan Holley, Joseph King, Denis Moore, and President Craig Maksymiak.

A significant portion of the budget supports three previously approved, large-scale projects that will continue this fiscal year. These include the major redevelopment of Hunter Prairie Park, funded in part by an Open Space Lands Acquisition and Development (OSLAD) grant; the buildout of new dance studios at The Square; and the creation of a new practice area at Square Links Golf Course.

In addition to the ongoing work, the board approved a new project list for the upcoming year. The largest items include $60,000 for paving and sealcoating district paths and lots, and $40,000 for new flooring in two multi-purpose rooms at The Square. Other approved projects are:

  • $6,000 for the second phase of a three-year tree inventory project.

  • $6,000 for fob readers on the storage doors at the Union Creek baseball concession stand.

  • $5,000 for new trees.

  • $5,000 for shade structures for the dugouts at Kiwanis Park.

During the discussion, Commissioner Ryan Holley asked if additional projects could be considered. Marcquenski replied that further requests could be evaluated after the three main contracted projects are completed.

Commissioner Phil Cherry inquired about the condition of the district’s bike paths. Marcquenski noted that the park district follows a regular repair schedule to keep the paths in good condition. President Maksymiak emphasized their importance, stating, “the paths are important to the community and need to be maintained on a regular basis.”

The board also authorized Marcquenski to transfer funds from the corporate account to balance other district funds at the end of the fiscal year, a standard procedure to close out the books.

Events

No events

Leave a Comment





Latest News Stories

Indiana state police working with ICE at Illinois border to secure interstates

Indiana state police working with ICE at Illinois border to secure interstates

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – U.S. Immigration and Customs Enforcement officers continue to arrest hundreds of drivers on interstates who are...
Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

Trump’s former National Security Adviser criticizes Ireland for ‘cozying up to China’

By Tom JoyceThe Center Square Former U.S. National Security Adviser Robert O’Brien sharply criticized Ireland’s growing political split from the United States and its deepening ties to China in a...
WATCH: IL lawmakers pass consequential bills early Halloween

WATCH: IL lawmakers pass consequential bills early Halloween

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop powers through on...
Trump calls on Senate Republicans to nuke filibuster

Trump calls on Senate Republicans to nuke filibuster

By Thérèse BoudreauxThe Center Square With the ongoing government shutdown now entering its second month, President Donald Trump has had enough: he wants Senate Republicans to end the filibuster. “Majority...
FBI: 'Potential' Halloween terror plot foiled; multiple subjects arrested in Michigan

FBI: ‘Potential’ Halloween terror plot foiled; multiple subjects arrested in Michigan

By Sarah Roderick-FitchThe Center Square The FBI says it thwarted a possible terror attack, arresting several individuals in Michigan, according to Director Kash Patel. “This morning the FBI thwarted a...

WATCH: Trick or treat: IL legislators pass tax increase, decoupling bill early Friday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are waking up Halloween morning to tax increases after the conclusion of fall veto session...

Noem refuses Pritzker enforcement pause request, IL passes sanctuary enhancement

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Both the executive and legislative branches of Illinois government have made attempts to address federal immigration enforcement...

WATCH: Energy bill opponents say increases IL electric bills by $8 billion passes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers have passed wide-ranging energy legislation, but opponents say it will lead to higher electricity bills....
WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

WA Dems blame GOP for government shutdown; 1 million in state could lose SNAP benefits

By Carleen JohnsonThe Center Square U.S. Sen. Patty Murray, D-Wash., and Washington State Insurance Commissioner Patty Kuderer say it’s not Democrats, but Republicans, who are responsible for keeping the federal...
Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

Illinois quick hits: IL taxpayers have highest pension debt obligations in U.S.

By Jim Talamonti | The Center SquareThe Center Square Report: Illinois taxpayers have highest pension debt obligations in U.S. According to a new Reason Foundation report reviewing over 300 public...
IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

IL taxpayers to pay $20M for food banks as SNAP funding lapses start Saturday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers are going to cover $20 million in food subsidies to food banks across the state....
Illinois quick hits: Corrections director appointment approved; Clean Slate Act passes

Illinois quick hits: Corrections director appointment approved; Clean Slate Act passes

By Jim Talamonti | The Center SquareThe Center Square Corrections director appointment approved After more than two years of being appointed, Latoya Hughes was approved by the Illinois Senate to...

WATCH: Clean Slate Act passes Illinois legislature despite opposition

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Illinois House has approved a Senate bill that modifies the Clean Slate Act to seal certain...
IL tax on billionaires’ ‘unrealized gains’ would face stiff constitutional test

IL tax on billionaires’ ‘unrealized gains’ would face stiff constitutional test

By Jonathan BilykThe Center Square While the provision may not ultimately be included in final legislation that Illinois Democrats ultimately enact to send hundreds of millions of dollars or more...
Illinois trucker: Deadly California crash exposes lawbreaking in trucking industry

Illinois trucker: Deadly California crash exposes lawbreaking in trucking industry

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois trucking company owner says the deadly California semi-truck crash involving an illegal immigrant driver...