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

500-plus fugitives arrested across two states

500-plus fugitives arrested across two states

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – More than 400 fugitives have been arrested in Illinois, and another 117 in Missouri, over the last...
WalletHub study examines the financial independence of US states

WalletHub study examines the financial independence of US states

By Christine JohnsonThe Center Square Idaho is the nation's most financially independent state, while Kentucky ranks as the least financially independent, according to a new WalletHub study. Ahead of the...
Michigan's Democrat primary in U.S. Senate race narrows

Michigan’s Democrat primary in U.S. Senate race narrows

By Elyse ApelThe Center Square Michigan state Sen. Mallory McMorrow announced Sunday she is suspending her campaign for the Democratic nomination for the U.S. Senate. Her departure narrows the party’s...
DOJ, states could secure 53 million eggs in price manipulation settlement

DOJ, states could secure 53 million eggs in price manipulation settlement

By Elyse ApelThe Center Square Minnesota Attorney General Keith Ellison announced a multi-state settlement that could deliver more than 50 million eggs and $3.3 million. This comes after a joint...

WATCH: State fails to investigate daycares with no children despite media reports

By Carleen JohnsonThe Center Square Many Washington state daycare providers receive large taxpayer subsidies, but an investigation by The Center Square found several that had few, if any, children and...
Illinois Quick Hits: Woman sentenced for voting twice

Illinois Quick Hits: Woman sentenced for voting twice

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Hoopeston woman has been sentenced to three years of probation and ordered to pay a $2,500...

Embattled state lawmaker resigns after investigation into ‘unethical’ behavior

By Sean Reed | The Center SquareThe Center Square (The Center Square) – After two days of calls for his resignation by Democrat leaders, embattled Illinois state Rep. Harry Benton,...

Everyday Economics: What jobs data actually show and why Fed is changing how it talks

By Orphe DivounguyThe Center Square Last week's jobs report release was June's, and it came in soft. Payrolls rose just 57,000, against a roughly 115,000 consensus, and April and May...
Watchdog; Bill mandating more reporting from tax-exempt hospitals 'common sense'

Watchdog; Bill mandating more reporting from tax-exempt hospitals ‘common sense’

By Thérèse BoudreauxThe Center Square Thousands of hospitals subsidized by American taxpayers could face heightened fiscal scrutiny under new legislation heading to the U.S. House floor. Currently, nonprofit hospitals must...
New statewide tenant law signed; Chicago seeks to push further

New statewide tenant law signed; Chicago seeks to push further

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker signed a law into effect that lawmakers say intends to increase renter protections...
Illinois Quick Hits: 179 charged in 'badgeless' federal enforcement

Illinois Quick Hits: 179 charged in ‘badgeless’ federal enforcement

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – U.S. Attorney for the Northern District of Illinois Andrew Boutros says 179 people have been charged in...
Trump defies severe storms to deliver late-night ‘America 250’ speech

Trump defies severe storms to deliver late-night ‘America 250’ speech

By Carleen JohnsonThe Center Square President Donald Trump delivered a weather-delayed speech Saturday highlighting American exceptionalism while warning of the growing threat of rising democratic socialism and communism movements as...
Funeral ceremonies begin for Iran's Khamenei amid fragile ceasefire

Funeral ceremonies begin for Iran’s Khamenei amid fragile ceasefire

By Elyse ApelThe Center Square Hundreds of thousands of Iranians gathered Saturday to begin a days-long funeral for Supreme Leader Ayatollah Ali Khamenei. Large crowds converged on Tehran to pay...
Two cities cancel Fourth of July parades amid record-breaking temperatures

Two cities cancel Fourth of July parades amid record-breaking temperatures

By Elyse ApelThe Center Square As a record-breaking heat wave sweeps across the central and eastern United States, two cities central to American independence have canceled July 4 celebrations. Philadelphia...
Critics skeptical of YMCA’s diversity statement removal

Critics skeptical of YMCA’s diversity statement removal

By Tate RosentreterThe Center Square Following criticism, the YMCA removed its online diversity, equity and inclusion statement that made reference to gender identity, with a parents advocacy group warning the...