Projects, projects and more projects

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In other business at Monday’s meeting, Russell updated the board on the district’s financial picture. The park district has a total of $1,015,403 due in bond and real estate payment obligations during 2013. Looking at the 2011-12 fiscal year just completed, the district had $2,576,929 of actual expenses and $2,826,571 in actual revenues. The district ended the year with a net increase in cash of $227,856, which was especially good in light of the net decrease of a negative $198,532 in ending cash for the previous year, Russell said.

The board reviewed and adjusted a crisis management plan for consideration.

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