Valuable Assets in Park Districts: A Case Study

But in the park districts’ scenario, the value of land is relatively insignificant because even on any given appreciating rate, the parks cannot benefit from the land’s appreciating value. In the (Urban Park District, 2014) statement of net position and propriety funds, the record of their total assets does not include the land asset. The author also stated that, “weather can be a factor for park districts’ revenue.” The weather factor is a valid point in the performance of the park districts.