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ADOPTED | BUDGET

Overview of the Parks Facilities and

Development Fund

The Park Development Fund is funded through the
4B Sales Tax for parks and recreation facility Park Sales Tax Revenues
development. Following the voter approved
referendum in 1992, the fund began collecting $6.5
$6.0
sales tax in 1993. Over the past 29 years, the fund $5.5
has enabled the department to provide quality of $5.0
life amenities including parks, trails, open spaces MILLIONS $4.5
$4.0
and facilities for our community. The park $3.5
development fund also receives Park Impact Fees $3.0
from local development to assist in providing park $2.5
$2.0
and recreation services where development is
occurring. Additionally, the department has
received more than $14 million in grants to help
build the award-winning park system.

Revenues for the NRH Centre are estimated at $3,303,213 for FY 2022/2023. Expenditures for the
new recreation center for that same period are projected to be $3,278,961. The Park Development
Fund’s sales tax revenue projection for 2022/2023 is $6,175,215. Tennis Center revenues, which
are also included in this fund, are projected to be $471,250. Tennis Center expenditures are
projected to be 604,587.

Listed below are some of the projects currently under design or construction.

Over the past few years, the department has constructed more than 30 miles of paved trails, 10
neighborhood parks, event plaza’s, a dog park and community garden and focused on renovation
and infrastructure projects including replacement of playground equipment in parks, made
significant renovations to Northfield Park and Richfield Park, added shade structures over
playgrounds and is currently renovating Linda Spurlock Park.

The following projects are funded for FY 2022/23:

Annual Tree Planting 2023- This project provides for the introduction of trees into the urban forest
and replacement of trees that have died at various locations throughout the City. The project
involves the installation of 3" caliper, drought tolerant, native or adaptive trees. Areas to receive
trees are located in the Blvd 26 median just south of IH 820, the Glenview east median and the
Bedford Euless Greenway.

Cross Timbers Bleacher Shade Replacement- This project provides for the removal and replacement
of shade canopies on 9 shade structures over selected bleachers at Cross Timbers Park.

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