frankfort-square-park-district.2

New Frankfort Square Park Board Takes Helm Amid Strong Financials, Maksymiak and Moore Elected Leaders

Spread the love

The Frankfort Square Park District Board of Commissioners seated four new members and re-elected its leadership during a productive annual organizational meeting on May 15, all while celebrating a robust financial position that saw the district’s funds grow by $850,000 over the past fiscal year.

Craig Maksymiak and Denis Moore were unanimously re-elected to serve as the board’s President and Vice President, respectively. Their election followed the swearing-in of newly elected commissioners Lauren Breedlove, Frank Florentine, Joseph King, and Moore, who will each serve four-year terms. They join Maksymiak and commissioners Ryan Holley and Phil Cherry (who was absent) on the seven-member board.

The new board inherits a district in a strong financial state. During the treasurer’s report, Executive Director Audrey Marcquenski detailed the fund balances, which stood at approximately $3.19 million as of April 30, the end of the fiscal year.

“The Park District ended its fiscal year in a strong financial position,” Marcquenski stated, reviewing the report.

President Maksymiak, participating remotely, noted the district is up by $850,000 from the end of the previous fiscal year. He said while he anticipates the $3.1 million balance will decrease due to planned expenses for major projects, the healthy reserves are crucial.

“It is equally important to have a cushion not only for projects but also for normal maintenance,” Maksymiak said, thanking Marcquenski for her efforts. He emphasized that the district does not allow its facilities to fall into disrepair, which prevents more significant repair costs down the line.

Marcquenski added that the district expects to begin the next fiscal year with $1 million in the bank, meeting its fund balance policy goals. A planned transfer of funds for debt service and the golf course was also deemed unnecessary this year, thanks to a “record-breaking year” at Square Links Golf Course and timely tax distributions from Cook County.

Following the election of officers, the board made its annual appointments. Vice President Moore appointed Frank Florentine to continue as Treasurer and Audrey Marcquenski as Secretary of the Board. Marcquenski will also serve as the district’s Freedom of Information Act (FOIA) and Open Meetings Act (OMA) Officer, with Moore agreeing to serve as a secondary officer for both roles. The law firm of Ancel, Glink, Diamond, Bush, DiCianni & Krafthefer, P.C. was retained as legal representation.

In other business, the board approved travel and expense reimbursements for dance staff to accompany performers to the national Applause competition in North Charleston, South Carolina, from June 15-21. Commissioner Joseph King confirmed with Marcquenski that the trip is a standard part of the dance program, and Marcquenski commended bookkeeper Sue Baker for developing a system to manage program expenses consistently.

Leave a Comment





Latest News Stories

Pritzker touts state spending to cover federal cuts in passed budget

Pritzker touts state spending to cover federal cuts in passed budget

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Just hours after the state’s General Assembly wrapped its spring session, Illinois Gov. J.B. Pritzker appeared along...
I-95 quintuple fatal: Federal agency subpoenas state of New York

I-95 quintuple fatal: Federal agency subpoenas state of New York

By Alan WootenThe Center Square Failure to willingly cooperate by the state of New York has led to a subpoena for documents related to Jing Dong. The U.S Department of...
Illinois lawmakers give raises to diversity commissioners they criticized

Illinois lawmakers give raises to diversity commissioners they criticized

By Jared Strong | The Center SquareThe Center Square (The Center Square) -- State lawmakers failed to reform the Illinois Commission on Equity and Inclusion this legislative session despite bipartisan...
Report: Credit card debt projected to decrease $61B

Report: Credit card debt projected to decrease $61B

By Christine JohnsonThe Center Square It is predicted that there will be a $61 billion decrease in credit card debt based on new data set to be released on Friday...
Taxpayer risk cited after Bears stadium bill stalls

Taxpayer risk cited after Bears stadium bill stalls

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Bears stadium legislation is stalled after questions arose about a potentially unpopular tax structure and financial...
Illinois Quick Hits: General Assembly approves CTE bill

Illinois Quick Hits: General Assembly approves CTE bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill offering career technical education classes as an alternative to Illinois’ foreign language mandate is headed...
Amended scooter, e-bike bill heads to governor

Amended scooter, e-bike bill heads to governor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has passed a bill to regulate e-bikes, scooters and other micromobility devices, but...
Washington insiders: Social media more influential than traditional media, but few trust it

Washington insiders: Social media more influential than traditional media, but few trust it

By ByTom JoyceThe Center Square Social media has passed traditional media in influence among Washington policy and political insiders, according to a new survey. However, few of those insiders trust...
Ceasefire being tested as U.S., Iran continue to exchange fire

Ceasefire being tested as U.S., Iran continue to exchange fire

By Sarah Roderick-FitchThe Center Square For the third time in a little over a week, the U.S. and Iran exchanged fire, adding more strain to the nearly two-month-long ceasefire. U.S....
Supreme Court declines to hear COVID-19 vaccine case

Supreme Court declines to hear COVID-19 vaccine case

By Andrew RiceThe Center Square The U.S. Supreme Court on Monday declined to hear a case challenging Washington state's COVID-19 vaccine mandate for healthcare workers. The case, Curtis v. Inslee,...
Supreme Court agrees to hear prisoner release case

Supreme Court agrees to hear prisoner release case

By Andrew RiceThe Center Square The U.S. Supreme Court agreed on Monday to hear a case over whether a federal prisoner can petition to expedite a prison sentence under federal...
New Jersey city faces curfew after violent anti-ICE demonstrations

New Jersey city faces curfew after violent anti-ICE demonstrations

By Chris WadeThe Center Square A nighttime curfew remains in effect outside of a New Jersey ICE detention center Monday after days of violent confrontations with demonstrators that prompted Gov....
Property tax-free Bears deal fails to pass

Property tax-free Bears deal fails to pass

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois legislative session has ended with no stadium deal for the Chicago Bears. House Bill 958...
Illinois Quick Hits: Loyola student's alleged killer charged with new felony

Illinois Quick Hits: Loyola student’s alleged killer charged with new felony

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Late Loyola University student Sheridan Gorman’s alleged killer has been charged with possessing a 6-inch shank in...
$55.9 billion budget includes new taxes, 'no property tax relief'

$55.9 billion budget includes new taxes, ‘no property tax relief’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has voted to approve a record-high budget for fiscal year 2027, with new...