Appendix I
Non-Tax Revenue Plan
CASH-IN-LIEU
$1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000
$- $500,000
2014
2015
2016
2017
2018
2019 Budget
Cash-in-Lieu Summary The Naperville Municipal Ordinance 7-3-5, the Dedication of Park Lands and School Sites or for Payments or Fees in Lieu of, requires developers to provide “land for park and recreational purposes and land for school sites, to serve the immediate and future needs of the residents of the development, or cash contribution in lieu of actual land dedication, or a combination of both, based on the recommendation of the public body which will be the recipient of the contribution, but subject to final determination of the City Council.” The ordinance is based on a standard of 8.6 acres of park land per 1,000 population and includes a provision that requires spending monetary donations within a timeframe of ten years from the date of receipt. In 2007, the City of Naperville increased the Fair Market Value referenced in their Ordinance to $323,600 per acre. Cash-in-Lieu funds have supported community wide capital improvement such as the revitalization of the Centennial Beach Bathhouse and site improvements, the 20.4 acre park expansion at Nike Sports Complex as well as a portion of the development costs for the Fort Hill Activity Center. In 2019, Cash-in-Lieu funds will be used to develop the 95 th Street Community Plaza.
Cash-in-Lieu Objectives •
Continue to effectively collaborate with the City of Naperville in administering the Land Dedication Ordinance. Actively monitor and track current state of economy and residential development in Naperville.
15 Naperville Park District Non-Tax Revenue Plan Adopted: 4-12-12, Last Revised 9-12-2019
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Naperville Park District | 2023 MASTER PLAN
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