Board approves consent agenda, financial report and CSPAR intergovernmental amendment

Summary

Trustees approved the consent agenda (payables and preliminary financial report), received a financial summary for November 2025, and adopted Resolution 2025-34 amending the intergovernmental agreement with the Southeast Association for Special Parks and Recreation (CSPAR) to change the EAV base year and payment due date without changing service levels or the village's financial commitment.

At its Dec. 11 meeting, the Indian Head Park Board of Trustees approved the consent agenda, which included payables for the period ending Nov. 30, 2025; the preliminary financial report for the month ending Nov. 30, 2025; and Resolution 2025-33 adopting the 2026 board meeting calendar.

Treasurer provided a financial summary for November 2025, reporting payments for the month and an ending bank balance at 11/30/2025 of $2,194,986.54. Trustees questioned bond-payment amounts and frequency; the treasurer said bond payments are semiannual and agreed to follow up with a detailed balance via email.

The board also approved Resolution 2025-34, which ratifies amendments to the village's intergovernmental agreement with the Southeast Association for Special Parks and Recreation (CSPAR). Village staff explained the amendment changes which equalized-assessed-value (EAV) year is used to calculate each participating community's contribution and moves the due date for payments; staff said the amendment does not alter the village's financial commitment or the services available to residents.

All votes on consent, the financial-report acknowledgment and Resolution 2025-34 passed by recorded roll-call votes.