Small property tax increase included in Naperville Park District’s proposed budget for 2023

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Small property tax increase included in Naperville Park District’s proposed budget for 2023
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The Naperville Park Board will review a $47.1 million spending plan for next year Thursday that calls for a $17 property tax increase for the average homeowner.

The cost of operating parks and offering park programs will be going up in 2023 under a proposed Naperville Park District budget to be reviewed this week by the park board.

For the last eight years, there has been positive growth in the equalized assessed valuation, or EAV, of residential and commercial properties in the district, which determine real estate tax rates. That trend is expected to continue for the 2022 levy year, during which the EAV is projected to rise 4%, officials said.

District officials project that participation in recreational programming and fitness memberships will exceed pre-pandemic levels, which should cause revenues to rise $2 million or 21%.Miscellaneous revenues from reimbursement accounts owed to the district from athletic affiliates or the city, cell tower revenue, parking permits, ticket revenue and employee insurance contributions of $2.

Among the capital projects planned in 2023 are playground renovations at Gartner Park, Hobson Grove, Timber Creek Park and Wil-O-Way Commons; renovation of basketball court at Cress Creek Park; new park and playground projects at Heritage Place Park and Naper Commons Park; renovation of Centennial Park skate facility; installation of the Rothermel Family Pickleball Courts at Frontier Sports Complex; and installation of the Frank J. Rus Pavilion at Knoch Knolls Park.Another $4.

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