Parks Foundation reports reserves and planned AS Trail project; several funds running ahead
A Parks Foundation representative reported operating fund revenues ahead by $96,085, a food-and-beverage reserve of about $1,000,000, other funds up $345,000, and parking-back fees totaling $844,000 year-to-date; some reserves are planned for the AS Trail project next year.
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A representative of the Parks Foundation (S4) told the Greenwood Park Board on Oct. 6 that the foundation’s operating fund is in a strong position, with revenues ahead of expenses by 96,085 and plans to spend down part of the reserve on the AS Trail project next year.
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