Measure on the ballot in the 2022 Illinois General Election in Oak Brook.
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Get StartedThe Village of Oak Brook owns and manages the Oak Brook Sports Core, inclusive of golf, soccer, pool, tennis, banquets and food service operations. Each of the aforementioned functions financially operates at an average of break-even or cash flow positive, with the exception of the banquet operation which functions at an average annual operating loss of approximately $202,000. Shortfalls in the operational costs are subsidized by income from other Sports Core operations and transfers out of the Village's general fund. A recent study has demonstrated a need for significant building capital investment at the facility over the next ten years. Given these facts, should the Village of Oak Brook invest $2,872,980 for capital improvements over the next ten years to continue operating the Sports Core banquet facility even though records reflect that the banquet facility is used predominantly by non-residents, which requires continuing to use the general fund to cover the facility's operating losses?
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