Traditionally, KSA parks have been funded through assessments levied by member community associations. There are currently 22,000 households and businesses in those associations. At present, each household contributes $36 per year. $25 of that goes toward parks.
A $25 assessment increase per household per year could generate about a half million dollars. A $50 increase could generate more than a million dollars.
However, assessment increases are limited by the by-laws of many associations to increases in the Consumer Price Index. Therefore, KSA looked at a variety of other funding alternatives. The table below shows the amount of funds that we might be able to generate from all sources in good times.
| Source |
Possible Contribution/Year |
| Assessment Increases |
$500,000 |
| Reserve Fund |
$100,000 |
| Conservation Capital |
$500,000 |
| Foundation |
$100,000 |
| User Fees |
$500,000 |
| Fund Raisers/Events/Concessions |
$300,000 |
| Grants |
Up to $500,000 |
| Bank(s) |
Use to Fill Gaps? |
| Total Private |
$2,000,000 to $2,500,000 |
| City/LGC or… |
$1,000,000 |
| County/LGC or… |
$1,000,000 |
| TIRZ/LGC or School District |
$3,000,000 |
| Federal Appropriations |
$500,000 |
| Total Public |
$0 to $3,500,000 |
For a full discussion of the assumptions, risks and tradeoffs associated with each category, download our PowerPoint presentation on Funding. |
