Chicago Park District for Sale?

The Chicago Park District is looking for ways to generate money for their 2011 budget.

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    NEWSLETTERS

    NBC Chicago

    The Chicago Park District is looking for creative ways to close the gap of a $22 million budget deficit for next year.

    Officials are suggesting to get sponsorships for some of their property such as lifeguard stands, garbage cans, and tennis courts to generate some revenue, according to the Chicago Tribune. The district's budget proposal has a $400 million spending plan, and officials hope the sponsorships can generate about $850,000.

    The park district is also proposing to increase program fees by about 1 percent, and harbor fees by 3 percent.

    But that isn't enough to take care of the budget hole, that's why officials say they plan to eliminate nine vacant positions. They also plan to ask the union to accept eight furlough days, according to the Chicago Tribune.

    A public hearing on the budget will take place on December 1st.