Park District Budget - 2013
The 2013 Budget, adopted by the Wheeling Park District Board of Commissioners, serves as the Park District’s financial guide. The document reflects the Park District’s goal to be effective and efficient with resources and fiscally responsible with tax dollars. The budget complies with the provisions of the Park District Code, as well as the Budget Philosophy and Guidelines of the Board-approved, Fiscal Operations and Business Policies.
The total 2013 budget is $20.9 million, an increase of 23.6% from 2012. However, from an operating standpoint, the budget has increased 1.9% or $242,000. The aforementioned 23.6% increase is primarily due to an increase in capital expenditures attributable to the development of Heritage Park. Additional capital dollars committed in 2013 include Neighborhood Park improvements, Community Recreation Center improvements and Americans with Disabilities Act (ADA) improvements.
For all funds, total budgeted revenues (exclusive of transfers) are $15.1 million. This is an increase of 2.8% or $419,000 from 2012. Of the existing revenues, 45% come from tax sources and 55% from non-tax sources such as program fees, membership fees, daily admissions and rentals. The 2013 budget reflects as a percent of revenue a 2% decrease in tax sources and a 2% increase in non-tax sources from 2012. The tax revenues the Park District receives are independent of any other entity (i.e. Village, County or State) and are generated by residential and business property taxes.
The 2013 budget reflects the objective of efficiently executing Strategic Plan Initiatives, which assists in maximizing the Park District’s return on investment. The tax-per-capita spending on park and recreation services equates to $490 for each of the 38,555 residents the Wheeling Park District serves. “The 2013 budget continues to reflect the District’s conservative philosophy for growth. This strategy allows the District to continue to provide high quality experiences in parks and recreation to its residents even in difficult economic times,” said Jan Buchs Executive Director.
To view the Wheeling Park District 2013 Budget: Executive Summary, click here.
To view the Wheeling Park District's most recent Audit Report, click here.