The Park District has approximately $9 million in the bank depending on the time of the year. $1 million of those dollars are restricted funds for Social Security, Risk Management (Insurance), Audit, and IMRF (Pension) obligations. IMRF is funded by the Park District and is not associated with the State of Illinois pension system. $8 Millon is fund balance reserve for the General Fund, Recreation Fund, Capital Projects Fund and the Tennis Center Fund. These reserves are established by board policy and evaluated by Moody’s and creditors. The Park District must maintain 3-9 months of reserves in each fund per board policy. The current unrestricted fund balance constitutes approximately 5-6 months of reserves, within the board-established parameters.
Thanksgiving Hours
The Family Recreation Center and Tennis Center will be closed on Thursday, November 27 for Thanksgiving.
Regular hours will be in effect on Wednesday, November 26 and Friday, November 28.
At Swim Central, the hot tub is out of service until further notice. Learn more about the hot tub closure at Swim Central.
The Family Recreation Center elevator will be out of service Monday, November 10–Friday, December 12 for a modernization upgrade to improve safety, reliability, and efficiency. Learn more about the Family Recreation Center elevator modernization project.