Park Board Discusses Increasing Annual Bonding


Published on December 7 2017 4:28 pm
Last Updated on December 7 2017 4:28 pm
Written by Greg Sapp

The Effingham Park Board has followed a practice in recent years of issuing general obligation bonds, using the revenue for capital improvements, and then paying off the bonds when property tax revenue is received.

The Board Wednesday discussed whether to increase the amount of bonds sold by $50,000 to get more projects accomplished. Any decision will come later.

Board members also reviewed its list of projects...known as the Top 10...that could be pursued in 2018. Projects on the list include replacing fencing, upgrading parking lots, and rebuilding pavilions.

The Board passed the tax levy ordinance for the new fiscal year, and annexed a property on West Fayette recently annexed into the city limits. The Park District property typically mirrors the city limits.

Commissioners also discussed taking a different approach to the Park District booklet. Rather than a spring/summer and a fall/winter publication, the Board is considering a year-round booklet. There was also discussion about utilizing a media firm to better promote Park District activities.

The Board also got a report on the $80,000 received toward the cost of the Harmony Playground project. Another $20,000 is being sought to completely finance the project, with plans to break ground in the spring.