Park Budget Hikes

Shie1d, Yvette
December 2004
Bond Buyer;12/22/2004, Vol. 350 Issue 32035, p31
Trade Publication
The article reports that the Chicago Park District has approved a $366.5 million budget for 2005. It includes a $12 million property tax increase and a $3 million increase in various fees. The budget also trims about $5 million in costs through the elimination of about 60 positions, cuts in part-time employee hours, and other management initiatives. A portion of the property tax increase will be levied in a new recreation property tax state lawmakers gave the district authority to impose last year.


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