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Mansfield park corporation previews FY25–26 budget, proposes fee increases and a 10‑year capital plan
Summary
Staff presented FY25–26 revenue and expenditure projections and a 10‑year capital plan, proposing a $14.3M revenue forecast for next year, $8.3M in proposed operating expenditures, fee schedule changes (athletic hourly rate, deposits, boot-camp fees) and a recommended modest increase to parkland dedication assumptions.
Staff presented a detailed FY25–26 budget preview and a 10‑year capital plan at the July 8 Mansfield Park Facilities Development Corporation meeting, outlining revenue assumptions, proposed expenditures, fee schedule adjustments and multi‑year project priorities.
Revenue and expenditures: Staff said the current projection for expected revenue next year is about $14.3 million, with proposed operating expenditures around $8.3 million. Debt service for the corporation next year was shown at roughly $2.815 million. Staff noted revenue sensitivity to sales tax and said a small change (they used a $100,000 sales-tax example) could materially affect the 10‑year cash flow.
Fee schedule changes: Staff described a package of fee changes — notably moving associations from a participant model to a $7-per-hour association rate for field use, increasing refundable damage deposits (for residents and nonresidents), aligning outdoor pickleball rates with tennis at $10 per hour when courts are available, and increasing a per‑day boot‑camp/fitness fee from $75 to $100. Staff also proposed reducing the replacement card fee from $5 to $3.
Parkland dedication: Staff presented a market-value study that suggested increasing the average land-value assumption from $120,000 to $130,000 per acre (an ~8% rise) for calculating parkland dedication fees. Board members debated higher alternatives (several suggested 15% or a $140,000 average) and staff said the matter will be taken to a council work session for final consideration.
10‑year projects and capital: Staff reviewed proposed capital projects including trails, Skinner Sports Complex improvements, Rose Park and Hardy Almond phases, and a multi‑year plan that assumes two $10 million certificate‑of‑obligation issuances in upcoming years to support large park developments. Staff noted certain projects might be funded with ARPA or partner funds and stressed the corporation’s requirement to spend park‑fee revenues within quadrant constraints.
Board members asked questions about shared‑services chargebacks (~$430,000), potential debt refinancing and the timing of projects. No budget adoption occurred: staff said numbers will be refined and returned at the August 21 public hearing for formal adoption.
