Greenwood parks finance report: property-tax draw pushes operations into surplus

City parks finance staff reported on July 1 that the parks operating fund moved into a positive position after a June property-tax draw, leaving roughly $600,000 in available cash on hand.

The finance update, delivered by Greg (finance staff), said the board’s operating accounts are “now to the positive by 600,000 ish,” and noted that staff expect to spend a sizable portion of that on upcoming trail construction and the AS Trail project. The food-and-beverage tax fund was described as roughly balanced month to month; the parks’ S&R fund (repairs and replacement) stood at about $250,000 and impact fees totalled approximately $120,000.

Greg told the board program revenues contributed a significant share of year-to-date S&R fund income. He said the impact-fee balance will likely be used this year for trail projects once building permits and related development activity generate additional fee revenue.

Parks operations staff also reported event and program metrics. Staff said recent bad weather had constrained early summer activity but attendance picked up with hot weather. Aquatics staff reported two completed swim-lesson sessions with positive feedback and a third session underway; adult swim lessons and summer camp programs were also active. Parks staff said the sports park hosted a large tournament with heavy weekend use and that midweek practice bookings keep diamonds occupied Monday through Thursday.

Board members asked operational questions about attendance and capacity. Staff supplied attendance estimates for large events — including an organizer-provided estimate of 15,000–17,000 for Greenwood Pride — and summarized that summer programming and tournaments were generating steady revenue.

The finance and operations reports did not propose new appropriations at the meeting; staff said they will return if project spending or contracts require board approval.