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2011.11.09 Parks Packet
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2011.11.09 Parks Packet
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6/23/2016 8:51:18 AM
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Commissions
Meeting Date
11/9/2011
Document Type
Agenda/Packets
Commission Name
Parks
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Levies for Parks <br />SPECIAL PARKS FUND <br />2011 <br />2012 1 <br />2013 1 <br />2014 <br />2015 <br />Beginning Fund Balance <br />$ <br />386,765 $ <br />243,446 $ <br />244,714 I $ <br />242,251 I $ <br />310,527 <br />REVENUES: <br />Property Tax Lev <br />$ <br />39,337 $ <br />41,266 $ <br />37,537 $ <br />108,276 $ <br />106,578 <br />Less: Market Value Homestead Credit <br />$ <br />(2,575) <br />Less: Sinking Fund MVHC <br />$ <br />12,921) <br />Hanifl Foundation Grant <br />$ <br />100,000 <br />EXPENDITURES: <br />Heritage Ponds Playground Equipment <br />$ <br />(57,210) <br />Rice Lake Playground Equipment <br />$ <br />(69,950 <br />Unallocated Improvements <br />$ <br />(40,000) $ <br />(40,000 $ <br />40,000) $ <br />40,000) $ <br />(40,000 <br />Ending Fund Balance <br />I $ <br />243,446 $ <br />244,714 $ <br />242,251 $ <br />310,527 $ <br />477,105 <br />If the Parks, Recreation and Open Space Commission budgets for a maximum of $40,000 <br />in park, trail and open space development projects each year, the Special Park Fund will <br />grow for future projects. <br />The Property Tax Levy value that is shown has been adjusted for bond payments (used <br />for the purchase of Irish Avenue Park and construction of the Hanifl Shelter) and the <br />Parks Planner position. <br />There may be revenues from park dedication funds as well, but because they are <br />dependent on residential development and therefore are not included in the 2012 budget. <br />
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