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

Under pressure, RFK Jr. brings back childhood vaccine safety committee

Under pressure, RFK Jr. brings back childhood vaccine safety committee

By Brett RowlandThe Center Square U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. announced Thursday the reinstatement of the Task Force on Safer Childhood Vaccines, the day...
Illinois quick hits: Search continues for Gibson City suspect; manufacturing declines since 2000

Illinois quick hits: Search continues for Gibson City suspect; manufacturing declines since 2000

By Jim Talamonti | The Center SquareThe Center Square Search continues for Gibson City suspect Illinois State Police continue their search for a suspect wanted in connection with a Gibson...
Vance praises troops as backbone of Trump's peace campaign

Vance praises troops as backbone of Trump’s peace campaign

By Brett RowlandThe Center Square Vice President J.D. Vance told American and United Kingdom troops their contributions allow President Donald Trump to pursue peace worldwide. The vice president's comments come...
Foreign leaders wait for ruling in U.S. case on Trump's tariff power

Foreign leaders wait for ruling in U.S. case on Trump’s tariff power

By Brett RowlandThe Center Square Foreign leaders are watching a U.S. appeals court that could upend President Donald Trump's overhaul of global trade, held up by the tariff authority challenged...
WATCH: Map debate, case against Texas Democrats continues in Illinois

WATCH: Map debate, case against Texas Democrats continues in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Illinois Republican lawmaker says a judge’s ruling this week did not end the case against Texas...
WATCH: Illinois GOP State Fair rally takes aim at Pritzker, ‘woke agenda’

WATCH: Illinois GOP State Fair rally takes aim at Pritzker, ‘woke agenda’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) − Republicans took their turn at the Illinois State Fair to call out Illinois Democrats for what the...
WATCH: Small business group: Pritzker-signed bills are wrong move

WATCH: Small business group: Pritzker-signed bills are wrong move

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) − Gov. J.B. Pritzker has signed legislation that he says will protect workers, but a small business advocate...
WATCH: Illinois In Focus Daily | Thursday Aug. 14th, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 14th, 2025

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 shares highlights from...
Chicago’s commercial property taxes spike to twice national city average

Chicago’s commercial property taxes spike to twice national city average

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Chicago business owners are now being forced to pay some of the highest commercial property taxes...
Illinois quick hits: Court rejects lawsuit against Texas Democrats; no charges for police

Illinois quick hits: Court rejects lawsuit against Texas Democrats; no charges for police

By Jim Talamonti | The Center SquareThe Center Square Court rejects lawsuit against Texas Democrats An Adams County judge has rejected a lawsuit against 33 Texas House Democrats who absconded...
Illinois judge rejects Texas legislature lawsuit over absconding Dems

Illinois judge rejects Texas legislature lawsuit over absconding Dems

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – An Illinois judge has rejected a lawsuit filed by the state of Texas against 33 House...
Illinois quick hits: Human trafficking law signed; Mercyhealth to pay for COVID vaccine discrimination

Illinois quick hits: Human trafficking law signed; Mercyhealth to pay for COVID vaccine discrimination

By Jim Talamonti | The Center SquareThe Center Square Human trafficking law signed Gov. J.B. Pritzker has signed legislation requiring state agencies to develop a strategic unified plan to build...
WATCH: Nearly 400 people become U.S. citizens at Illinois State Fair

WATCH: Nearly 400 people become U.S. citizens at Illinois State Fair

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Nearly 400 people from more than 70 different countries became naturalized U.S. citizens Wednesday at the Illinois...
WATCH: Governor suggests ending nuclear ban as lawmaker files pro-nuclear bill

WATCH: Governor suggests ending nuclear ban as lawmaker files pro-nuclear bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – After an Illinois state senator filed legislation to streamline permits for nuclear energy projects, Gov J.B. Pritzker...
WATCH: Illinois Democrats blast Trump, Republicans at state fair

WATCH: Illinois Democrats blast Trump, Republicans at state fair

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) − Illinois Democrats say their party will win across the United States in 2026, with the Land of...