Fiscal Note
The Parks Division’s 2024 Adopted Capital Budget included a privately funded water play feature at Rennebohm Park and authorized the acceptance of $250,000 of private donations from the Madison Parks Foundation. The project has been designed and is estimated to cost $550,000. The proposed resolution amends the Parks Division’s 2024 Adopted Capital Budget to increase the Park Land Improvements Program (Munis #17421) and accept additional private donations of $150,000 from the Madison Parks Foundation, increasing the total to $400,000 of private donations authorized within the project. In addition, existing budgetary authority of $150,000 from approved projects that have been completed or are no longer planned within the Parks Land Improvements Program will be used to supplement the private donations. No additional City appropriation is required.
Title
Amending the Parks Divisions 2024 Adopted Capital Budget to accept an additional $150,000 in Private Donations from the Madison Parks Foundation for purposes of constructing a water play feature at Rennebohm Park. (District 11)
Body
WHEREAS, the City of Madison Parks Division currently offers three splash parks across the parks system, which is not sufficient to meet the long-term recreational needs of the growing community as the region continues to experience more extreme summer weather conditions; and,
WHEREAS, splash parks and water play features provide free recreational activities to youth, which promotes equity and well-being during heat of the summer months; and,
WHEREAS, the Parks Division is encouraged to pursue alternative funding sources to the extent possible in seeking to improve the parks system; and,
WHEREAS, in 2024 the Madison Parks Foundation raised philanthropic funds to support the planning, construction and an ongoing maintenance endowment of a water play feature at Rennebohm Park; and,
WHEREAS, the 2024 Adopted Capital Budget authorized the planning and construction of t...
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