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Mansfield park board adopts $27.2 million FY 2025–26 budget
Summary
The Mansfield Park Facilities Development Corporation adopted a $27.22 million FY 2025–26 budget after a public hearing and vote on Aug. 21, approving projects including a $10 million Rose Park redevelopment and leaving a projected ending balance of $8,499,155.
The Mansfield Park Facilities Development Corporation voted 7–0 on Aug. 21 to adopt its proposed FY 2025–26 budget, approving $27,220,432 in revenues and a slate of capital projects including $10,000,000 for Rose Park redevelopment (Hardy Almond) and $3,550,000 for the Walnut Creek linear trail.
The vote came after Chair (Speaker 3) read the budget into the record during a public hearing. The budget text, as read aloud by the chair, lists a projected beginning balance of $13,485,946, revenues including sales tax of $11,275,594 and other fees, operating…
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