Item Description:
title
Review and approval of Three Rivers Park District 2025 Budget
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Resolution:
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BE IT RESOLVED, Under M.S. 383B.73 subdivision 1, the Hennepin County Board of Commissioners has fifteen days to comment after the Park Board submits its budget to the county. The county received the Three Rivers Park District budget on November 12, 2024. The County Board has no recommended changes to the budget.
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Background:
As proposed by the superintendent the 2025 General Fund Operating Budget is $53,256,649, an increase of $2,414,987 or 4.34% from the 2024 amended budget. The operating levy is going up by $2M or 4.85%. The debt service levy is decreasing $42,095 or 0.5%. The total budgeted property tax levy including debt service is $51,281,543, $1,957,905 or 3.97% more than the 2024 levy. A summary of the budget is attached. Staff recommends no changes to the budget.
recommendation
Recommendation from County Administrator: Recommend Approval