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Corte Madera parks staff outline budget, urge sinking fund for childcare buildings
Summary
At the March 24 Parks and Recreation Commission meeting, staff reviewed the department budget, reported a sharp rise in childcare enrollment, said a new registration system improved accounting and transparency, and recommended creating a sinking fund to pay for eventual replacement of aging childcare buildings.
Rochelle, a parks and recreation staff member, presented an overview of the Corte Madera Parks and Recreation Department budget at the commission’s March 24 meeting and recommended creating a sinking fund to cover replacement or major repairs of aging childcare buildings.
Rochelle told commissioners the department’s childcare program has grown rapidly: “They have 70 kids a day right now,” she said, and added that childcare “has already made the amount of money I thought they'd make for the whole year last month.” She said that growth and the age of the existing childcare buildings prompted the sinking-fund recommendation so the department would have money “in our back pocket” if it needs to buy or replace facilities.
The presentation said staff have moved facility rental revenue into…
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