Laserfiche WebLink
<br />~ <br />~HILLS <br /> <br />2007 PROPOSED BUDGET - SUMMARY BY DEPT. <br /> <br />Fund: Park Capital-227 . <br />Department Name: Parks Fund - 45200 <br /> <br />2007 Budl!et: $123,500 <br /> <br />2008 Proposed Budl!et: $253,000 <br /> <br />Departmental Overview/Summarv: <br />This Special Revenue fund was established for park/trail acqui~ition and.deveIQpment. <br />Revenue f()r the Park Fund comes from developer park dedication fees, contributi\:ms, <br />state grants, and investment interest. For the past few years, no new funds have been <br />contributed to this fund. As a result of lack of new revenue,. the balance in this fund. is <br />declining. <br /> <br />Financial Overview - 2008 <br /> <br />2008 <br />Park Fund <br /> <br />Personal <br />Services, $0, <br />0% <br /> <br />Matetials & <br />Supplies, $0. <br />0% <br /> <br />Other Services <br />& Olarges, $0, <br />0% <br /> <br /> <br />Capital Outlay, <br />$253,000, 100% <br /> <br /> <br />Si!!uificant Chanl!;es from Prior Year: <br />The budget includes funding for moving the old Cumming Park Wanning House to <br />Hazlenut Park. Funding is also included for CP Rail Bridge Improvements, Cummings <br />Park Hard Court Reconstruction, Safe Routes to School trail improvement (engineering), <br />Sheehy Park sign, and DNR Local Trail Connection Grant matching funds. <br /> <br />78 <br />