2023 NRPA Agency Performance Review | 23 increase greatly as the population served increases — to more than $16.8 million at agencies serving jurisdictions of 50,000 to 99,999 residents and nearly $43 million at agencies in areas with more than 250,000 residents. In addition, factors that are positively related to the size of the five-year capital budget include: • The number of parks maintained: Less than 10 parks — $1.7 million; 50 or more parks — $35.1 million • Acreage of parks maintained: 250 or fewer acres — $2.6 million; more than 3,500 acres — $42 million • Operating budgets: Annual operating budgets less than $500,000 to $350,000; annual operating budgets greater than $10 million to $32.9 million • Population density: Less than 500 people per square mile — $3.3 million; more than 2,500 people per square mile — $16.3 million Park and recreation agencies designate their capital expenditures to a variety of areas. On average, agencies designate 55 percent of their capital budget for renovation and 31 percent toward new development. Agencies serving jurisdictions of 50,000 to 99,999 residents focus 36 percent of their capital budget on new development, while agencies serving jurisdictions of less than 20,000 residents designate a quarter of their capital budget on new development. Agencies serving jurisdictions of less than 20,000 people focus 61 percent of their capital budgets on renovation. $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 FIVE-YEAR CAPITAL BUDGET SPENDING All Agencies Less Than 20,000 20,000 to 49,999 50,000 to 99,999 100,000 to 250,000 More Than 250,000 Median $10,000,000 $1,500,000 $5,000,000 $16,815,000 $18,560,000 $42,888,140 Lower Quartile $1,844,875 $500,000 $1,500,000 $6,000,000 $8,000,000 $15,000,000 Upper Quartile $30,509,975 $4,118,785 $15,000,000 $28,012,500 $43,448,361 $125,000,000 FIGURE 22: FIVE-YEAR CAPITAL BUDGET SPENDING (BY JURISDICTION POPULATION) All Agencies Less Than 20,000 20,000 to 49,999 50,000 to 99,999 100,000 to 250,000 More Than 250,000 Renovation New development Acquisition Other FIGURE 23: TARGETS FOR CAPITAL EXPENDITURES (AVERAGE PERCENTAGE DISTRIBUTION OF CAPITAL EXPENDITURES) Renovation 55% New development 31 Acquisition 8 Other 6 55% 31% 8% 6% A young child and two adults follow a nature story walk in Howard County, Maryland. PHOTO COURTESY OF HOWARD COUNTY RECREATION AND PARKS
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