December 02, 2009
The Civic Federation offers qualified support for the FY2010 Chicago Park District’s proposed operating budget of $391.9 million. The District is proposing a responsible budget that reduces expenditures and holds the property tax levy flat by using operating efficiencies, personnel cuts and a modest increase in certain fees to balance the budget.
This support is qualified because the District’s budget proposes closing $7.7 million of its budget gap with proceeds from the parking garage lease that were initially set aside for capital projects.