Page 240 - CityofMansfieldFY25Budget
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MANSFIELD PARK FACILITIES DEVELOPMENT CORPORATION (MPFDC)
Budget Summary
The MPFDC is funded by a ½ cent sales tax approved by the citizens. The tax became effective on July 1,
1992. The MPFDC works in conjunction with the Community Services Division in the General Fund to
provide maintenance and operations services to the Parks System.
The MPFDC budget increased 6.13% in FY 2024-2025. Personnel costs were affected by the addition of
one full-time equivalent position, a landscape technician. Capital equipment in the amount of $267,000 was
approved in the FY 2024-2025 budget for items such as trucks, a Bobcat skid steer, and field maintenance
equipment.
The reserve account represents the difference between revenue and planned expenditures in FY 2024-2025.
Reserve funds are added to the cash balance and are used to help fund park projects. The debt payment in
FY 2024-2025, while not shown below, is approximately $300,000 last than FY 2023-2024, which
increased the reserve.
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