The Western Springs Park District adopts an annual appropriated budget for the fiscal year (January - December) in December of every year. A public meeting is held in November and/or December to review and solicit comments regarding the draft budget so that appropriate changes can be approved by the Board of Commissioners. The District uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The informal fund policy targets a range of three to four months of annual operating expenditures that enables the District to respond to emergencies with fiscal strength. Monthly financial reviews are completed and approved by the Board of Commissioners.