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Gage Park Improvement Authority reports $16.3 million distributed; plans MOU, financial review and additional expenditures
Summary
Jim Martin, chair of the Gage Park Improvement Authority, told commissioners on Jan. 13 that the authority has distributed $16.3 million to four park partners and is planning several near-term expenditures and an independent financial review.
Jim Martin, chair of the Gage Park Improvement Authority, gave an update to the Shawnee County Board of County Commissioners on Jan. 13, 2025, saying the authority has distributed $16,300,000 over the past two years to four Gage Park partners and is preparing several planned expenditures and a financial review.
"We have fulfilled the mission of distributing the tax revenues to the Gage Park partners, the zoo, parks and rec, and the discovery center," Martin told commissioners. He said the authority’s tax-revenue average is about $760,000 per month and that the authority sets aside 5% of receipts for a discretionary fund used to support projects.
Martin…
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