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.

Leave a Comment





Latest News Stories

Illinois prisons to publish annual data on contraband, safety and overdoses

Illinois prisons to publish annual data on contraband, safety and overdoses

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law requires the Illinois Department of Corrections to publish annual data on contraband, substance...

WATCH: Trump says ‘dangerous’ Chicago next after addressing crime in D.C.

By Greg BishopThe Center Square President Donald Trump says Chicago is next on his list of cities to focus on cleaning up crime. In December, after Trump was elected to...
Gallego, others question Meta on policies for kids using AI

Gallego, others question Meta on policies for kids using AI

By Zachery SchmidtThe Center Square U.S. Sen. Ruben Gallego, D-Arizona, along with nine other senators, wrote a letter to Meta CEO Mark Zuckerberg this week inquiring about the company’s policies...
manhattan 114 pto

Manhattan PTO Presents $20,000 Donation to District Schools

Article Summary: The Manhattan Parent Teacher Organization (PTO) presented a $20,000 donation to the Manhattan School District 114 Board of Education, continuing its tradition of providing substantial financial support to...
Commission enacted to aid young IL farmers facing challenges

Commission enacted to aid young IL farmers facing challenges

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Gov. J.B. Pritzker enacted a law launching the Farmland Transition Commission, a lifeline for young farmers...
Meeting Briefs

Meeting Summary and Briefs: Will County Board for August 21, 2025

The Will County Board received County Executive Jennifer Bertino-Tarrant’s proposed $791 million budget for fiscal year 2026, which holds the line on the property tax levy while funding key services....
Appeals court: Serious Chicago police disciplinary hearings must be public

Appeals court: Serious Chicago police disciplinary hearings must be public

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – A panel of appellate court judges has ruled Chicago police officers facing serious misconduct allegations must...
WATCH: IL child welfare interns debate heats up; state financial audit released

WATCH: IL child welfare interns debate heats up; state financial audit released

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 talks live with...
Georgia ICE arrests up 367 percent from 2021, making for 'safer streets, open jobs

Georgia ICE arrests up 367 percent from 2021, making for ‘safer streets, open jobs

By Tate MillerThe Center Square U.S. Immigration and Customs Enforcement arrests surged by 367% in Georgia this year, with 4,500 illegal aliens arrested in the state between January 20 and...
Illinois quick hits: CUB challenges Ameren rate hike plan

Illinois quick hits: CUB challenges Ameren rate hike plan

By The Center SquareThe Center Square Disaster proclaimed in three counties A disaster proclamation has been issued for Cook, Jersey and Calhoun counties after severe weather last month. Gov. J.B....
Experts call for probe after Microsoft left out China ties in Pentagon security plan

Experts call for probe after Microsoft left out China ties in Pentagon security plan

By Tom JoyceThe Center Square Microsoft is facing renewed calls for a congressional investigation after ProPublica revealed the company omitted key details about its use of China-based engineers in a...
FBI raids the home of John Bolton

FBI raids the home of John Bolton

By Sarah Roderick-FitchThe Center Square The Maryland home of former UN Ambassador John Bolton has been raided by the FBI, according to multiple reports. FBI Director Kash Patel posted a...
WCO Board Aug 21.1

Will County Executive Proposes $791 Million Budget Focused on Stability Amidst Economic Uncertainty

Article Summary: Will County Executive Jennifer Bertino-Tarrant presented a balanced $791 million budget proposal for Fiscal Year 2026 that aims to maintain services and prepare for potential economic challenges without...
WATCH: Detransitioner gets a second chance at medical malpractice lawsuit

WATCH: Detransitioner gets a second chance at medical malpractice lawsuit

By Carleen JohnsonThe Center Square A young woman whose detransition story has been one of the most widely covered in the nation will soon learn if a judge in North...
WATCH: CA Democrats pass congressional redistricting plan

WATCH: CA Democrats pass congressional redistricting plan

By Dave MasonThe Center Square After a day of vigorous debates punctuated by occasional applause, both houses of the California Legislature Thursday passed the three bills making up the congressional...