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Spokane Park Board hears 2025 year-end results, fund balance and capital transfer ahead of levy receipts
Summary
Finance director Rich Lentz told the Park Board that 2025 closed with parks earning 99% of budgeted revenues and spending 98% of budgeted expenses, with a roughly $193,000 positive variance; a $300,000 capital transfer was moved from operating to capital to bridge work until levy proceeds arrive.
Rich Lentz, the parks finance lead, presented the Park Board with the department's 2025 year-end financials and February 2026 monthlies, saying parks earned 99% of budgeted revenues and spent 98% of budgeted expenses and that the year closed with about a $193,000 positive variance.
Lentz said the golf enterprise had a record year for rounds — "almost 200,000 rounds" — and that golf revenue was about $120,000 ahead of prior years even though reported expenses exceeded revenues for the year when excluding a facility improvement fee. "For the year,…
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