frankfort-square-park-district.2

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

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

Peotone-School-District

Peotone Board Celebrates Student Achievements in Academics and Athletics

The Peotone School Board celebrated a wide range of student accomplishments, from academic honors to major athletic milestones. The "Good News" portion of the meeting highlighted several students for their...
MFPD-Logo-Fire-District-10

Manhattan Fire District March 17 Meeting Briefs

Vehicle Updates Progressing: The new Tahoe ordered last year has arrived but will require several months before entering service. The ambulance damaged in December's crash is currently at the body...
Peotone-Junior-High-School-scaled-3

Peotone School Board Briefs

Two Administrators ResignPeotone High School will be seeking a new assistant principal and Peotone Elementary School a new principal following the board's acceptance of two administrative resignations Monday night. The...
Green-Garden-Logo.WP

Green Garden Board Approves Comprehensive Plan Update Despite Opposition

GREEN GARDEN TOWNSHIP — The Green Garden Township Board voted 3-2 to approve a $24,885 contract for updating the township's comprehensive plan during a contentious January meeting, despite requests from...
Green-Garden-Logo.WP

Township Building Renovation Sparks Debate

GREEN GARDEN TOWNSHIP — The current Green Garden Township Hall's future and a planned renovation project became focal points of debate at January's board meeting, with residents and officials offering...
Green-Garden-Logo.WP

Green Garden Township News Briefs

Assessor Outlines Tax Assessment Timeline: Assessor Bushong reported township-level assessments will open January 21, 2025, and close June 13, 2025. She explained the timing issue with the budget approval in...
MFPD-Logo-Fire-District-5

Manhattan Fire District Advances New Station Construction, Approves $210,000 Ambulance Replacement

The Manhattan Fire Protection District is moving closer to breaking ground on its new fire station, with construction documents expected to be complete next month and a potential groundbreaking scheduled...
MFPD-Logo-Fire-District-6

Former Peotone Firefighter Mike Shivers Recommended for Fire District Board Position

The Manhattan Fire Protection District board unanimously recommended Mike Shivers to fill a vacant trustee position left by the recent death of Trustee Bill Osborne. Shivers, a former Peotone Fire...
MFPD-Logo-Fire-District-7

Fire District February 17 Meeting Briefs

New Commissioner Sworn In: Attorney John Motylinski administered the oath of office to Commissioner Anton "Tony" Brncich, who was appointed by the Board of Trustees in December. Brncich officially began...