We continue to honor our community’s commitment to fiscal responsibility. Our park district receives only 2.5% of local tax dollars to fund operations, compared to our neighboring districts who receive around 4% of local tax dollars, which means we are adept at doing more with less.
We budget and spend conservatively, operating under full transparency with strong checks and balances. We’ve professionalized the district’s financial operations, built up responsible fund balances, and projected for the future with a capital account and 5-year capital replacement program. As a result, we won the IGFOA (Illinois Government Finance Officers Association) Budgetary Excellence Award for the 3rd year in a row.
If the referendum is successful, the average $1.5 million district home would see an increase of $600 per year in property taxes.