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

Bill filed to repeal 'punitive' digital asset tax

Bill filed to repeal ‘punitive’ digital asset tax

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – An Illinois legislator is moving to repeal the state’s recently-passed digital asset tax. State Rep. John Cabello,...
Chicago court keeps block on Florida suit over kids transgender medicine

Chicago court keeps block on Florida suit over kids transgender medicine

By Jonathan Bilyk | Legal NewslineThe Center Square Despite warnings from their colleague that they are ripping a hole in the U.S. Constitution and the concept of federalism, two Democrat-appointed...
Damage costs still being assessed from record tornado numbers

Damage costs still being assessed from record tornado numbers

By Sean Reed | The Center SquareThe Center Square (The Center Square) – The National Weather Service has confirmed a record 149 tornadoes have touched down in Illinois this year,...
DEXIT to Texas: Companies continue to leave Delaware for Texas

DEXIT to Texas: Companies continue to leave Delaware for Texas

By Bethany BlankleyThe Center Square Companies are continuing to leave Delaware, redomiciling in other states, referred to as DEXIT. More recently, Fortune 500 companies have been making high profile announcements...
Pritzker open to ‘fair’ data center development, local moratoriums

Pritzker open to ‘fair’ data center development, local moratoriums

By Sean Reed | The Center SquareThe Center Square (The Center Square) – After legislation to heavily restrict the development of new data centers across Illinois failed to progress in...
DOJ announces 455 indictments in connection to billions in alleged fraud

DOJ announces 455 indictments in connection to billions in alleged fraud

By Sarah Roderick-FitchThe Center Square The U.S. Department of Justice announced Tuesday that 455 people have been indicted for alleged health care fraud, believed to cost taxpayers over $6.5 billion....
U.S. citizenship to be focus of congressional hearing Wednesday

U.S. citizenship to be focus of congressional hearing Wednesday

By Christine JohnsonThe Center Square Protecting U.S. citizenship will be the subject of a Congressional hearing Wednesday, less than two weeks before Americans celebrate the 250th anniversary of the nation's...
Supreme Court backs immigration officials in green-card holder reentry case

Supreme Court backs immigration officials in green-card holder reentry case

By Morgan SweeneyThe Center Square The U.S. Supreme Court threw out a federal appeals court ruling in an immigration case Tuesday and returned the case to the court for an...
Illinois Quick Hits: ICE arrests woman accused of helping never-charged shooting suspects

Illinois Quick Hits: ICE arrests woman accused of helping never-charged shooting suspects

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – U.S. Immigration and Enforcement officials have arrested a Venezuelan national who was accused of helping two alleged...
Baseball commissioner admits mistake; no discipline for players

Baseball commissioner admits mistake; no discipline for players

By Alan WootenThe Center Square Major League Baseball, its commissioner again guilty in the court of public opinion, has backed down and admitted its mistake. Rocky Mount native Landen Roupp...
U.S. Senate passes landmark bipartisan housing bill, sends to House

U.S. Senate passes landmark bipartisan housing bill, sends to House

By Thérèse BoudreauxThe Center Square Bipartisan legislation to boost housing supply and home ownership nationally cleared the U.S. Senate in an 85-5 vote Monday evening, the largest housing bill Congress...
POLL: Majority of voters believe U.S. should stay in NATO

POLL: Majority of voters believe U.S. should stay in NATO

By Sarah Roderick-FitchThe Center Square A majority of American voters say the U.S. should remain in NATO, according to The Center Square Voters’ Voice poll. President Donald Trump has toyed...
Nonprofits: Los Angeles schools need to do better following Carvalho's resignation

Nonprofits: Los Angeles schools need to do better following Carvalho’s resignation

By Chris WoodwardThe Center Square Superintendent Alberto Carvalho has resigned from the Los Angeles Unified School District, and education watchdogs are not sad to see him go. Carvalho announced his...
Chicago anti-violence department proposed; activist dismisses Trump post

Chicago anti-violence department proposed; activist dismisses Trump post

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker agrees with an Illinois anti-violence activist who says President Donald Trump is not the...
Pritzker plans to sign social media law despite criticisms

Pritzker plans to sign social media law despite criticisms

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois may now face one less potential hurdle enacting a law requiring social media and other online...