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

Forgiveness and revival: Charlie Kirk celebrated at memorial service

Forgiveness and revival: Charlie Kirk celebrated at memorial service

By Chris WoodwardThe Center Square Thousands showed up in person, and millions tuned in Sunday for the memorial of Charlie Kirk. The Christian and conservative activist was shot and killed...
Everyday Economics: Can the newly appointed Fed governor make a compelling case?

Everyday Economics: Can the newly appointed Fed governor make a compelling case?

By Orphe DivounguyThe Center Square We’ll hear from several Fed officials, including Chair Jerome Powell, following last week’s decision to cut the policy rate to 4.00–4.25%. The notable subplot: newly...
Trump, Vance among 100,000 expected at Kirk memorial service

Trump, Vance among 100,000 expected at Kirk memorial service

By Dan McCalebThe Center Square President Donald Trump and Vice President JD Vance are among tens of thousands of people expected at Sunday's memorial service for Charlie Kirk, the conservative...
Report: Visa programs are over crowded, lower wages

Report: Visa programs are over crowded, lower wages

By Andrew RiceThe Center Square Foreign worker visa programs in the United States are not doing enough to spur economic growth and recruit native workers, according to a new report....
Poll: Majority say protecting speech more important than curbing divisive language

Poll: Majority say protecting speech more important than curbing divisive language

By Dan McCalebThe Center Square A large majority of Americans say protecting free speech rights is more important than restricting divisive speech, according to a new survey. The poll from...
Illinois’ gun ban set for oral arguments in appeals court Monday

Illinois’ gun ban set for oral arguments in appeals court Monday

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The state of Illinois will be defending its gun and magazine ban Monday in front of the...
Law professor explains why Trump could win tariff case

Law professor explains why Trump could win tariff case

By Brett RowlandThe Center Square The U.S. Supreme Court could side with the Trump administration on a multi-billion dollar case over tariffs despite two lower courts saying the power of...
Joliet-Junior-college.-Graphic-Logo.3

JJC Board Approves Student Trustee Quorum Policy Amid Heated Debate

Joliet Junior College Board of Trustees Meeting | September 2025 Article SummaryThe Joliet Junior College Board of Trustees passed a controversial policy change allowing the student trustee to be counted...
WATCH: Los Angeles schools superintendent renews contract

WATCH: Los Angeles schools superintendent renews contract

By Esther WickhamThe Center Square The Los Angeles Board of Education unanimously voted this week to renew its four-year contract with Los Angeles Unified School District Superintendent Alberto Carvalho, amid...
Last prosecution witness testifies in Routh trial

Last prosecution witness testifies in Routh trial

By David BeasleyThe Center Square The prosecution’s final witness testified all day Friday about the digital blueprint that detailed 59-year-old Ryan Routh’s plot to assassinate Donald Trump. The witness, named...
Southern California Edison works on paying Eaton Fire victims

Southern California Edison works on paying Eaton Fire victims

By Dave MasonThe Center Square Southern California Edison, which many blamed for starting the destructive Eaton Fire in the Pasadena/Altadena area, is developing a program to reimburse victims. The utility...
U.S. Sen. Mark Kelly presents 'AI for America' roadmap

U.S. Sen. Mark Kelly presents ‘AI for America’ roadmap

By Chris WoodwardThe Center Square Nearly two dozen public figures have come out in support of U.S. Sen. Mark Kelly’s artificial intelligence plan. Known as "AI for America," the plan...
Education groups propose alternative standards for math and science

Education groups propose alternative standards for math and science

By Morgan SweeneyThe Center Square The latest national test scores in reading, math and science reflect more of the same pattern in American education: Far too many students are underperforming....
WATCH: Education department launches America 250 effort

WATCH: Education department launches America 250 effort

By Esther WickhamThe Center Square The U.S. Department of Education, along with private organizations, launched this week the America 250 Civics Education Coalition, in an effort to revive civic education...
Trump: Chicago needs 'big, strong soldiers'

Trump: Chicago needs ‘big, strong soldiers’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – President Donald Trump says Chicago needs big, strong soldiers to get the city into shape. The president...