New Financial Audit Shows Huron-Clinton MetroParks Are Healthy ​​| local news

New Financial Audit Shows Huron-Clinton MetroParks Are Healthy ​​|  local news

— Online Editor Don Gardner Park attendance during 2020 grew to more than eight million visitors. Currently, the Metroparks are continuing to see strong demand from the public. During 2020, the Metroparks employed 449 team members and a Trust for Public Land study determined the Metroparks generate more than $90 million in economic benefits annually throughout Southeast Michigan. The past year marked the highest park operations revenue in Metroparks’ long history while golf, boat rentals and tolls also produced the highest revenues ever recorded.  

Audit results show general fund revenues increased by $2.3 million (4.2 percent), while general fund expenditures increased by approximately $224K (up by less than 1 percent). Additionally, Metroparks’ revenue over expenditures for the year was $5.6 million even after a transfer of $4.7 million to a capital project fund. Metroparks Director Amy McMillan said, “Throughout the COVID-19 pandemic the Metroparks were able to stay open, serving as a haven of respite and safe recreation. Financial diligence is a critical investment that will continue to pay dividends for residents throughout Livingston, Macomb, Oakland, Washtenaw and Wayne counties. Our commitment to being trustworthy stewards has never wavered, and we look forward to growing our park offerings in the future.”

David Helisek, a Partner with Plante Moran, said, “The audited financial statements would indicate the Metroparks remain in a very solid financial position at December 31, 2020.” The company revealed the results of its audit at the June 10 meeting of the Huron-Clinton Metroparks Authority.  Each year, HCMA retains an independent public accounting firm to perform an annual audit on all financial activities of the metropolitan park system that has served the people of Southeast Michigan since 1940.

Source www.macombdaily.com

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