Nov.14, 2017 Budget Hearing & Special Town Board Meeting

TOWN OF LAKE RESIDENTS

NOTICE OF

PUBLIC BUDGET HEARING

AND SPECIAL TOWN MEETING

Of Electors of the Town of Lake, Marinette County

          Notice is hereby given that the PUBLIC HEARING on the PROPOSED 2018 BUDGET for the Town of Lake will be held on Tuesday, November 14th, 2017 at 6:00 p.m. at the town hall. The proposed budget in detail is available for inspection at the clerk’s office by appointment only.

Notice is also hereby given that on Tuesday, November 14, 2017 immediately following completion of the Public Hearing on the proposed year 2018 budget, a Special Meeting of the Electors called pursuant to Section 60.12 (1)(c) of the Wisconsin Statues by the town board for the following purposes will be held:

  1. To approve total highway expenditures for 2018 pursuant to Section 82.03 of Wisconsin Statutes.
  2. To approve the 2017 town tax levy to be collected in 2018 pursuant to section 60.10(1)(a) of Wisconsin Statutes

Notice is also hereby given that the Town Board will hold a Special Town Board meeting after the Special Meeting of the Electors on November 14th, 2017 to adopt the 2018 Budget.

Dated this 31st day of October, 2017                                                                                                                                      

                                                            Linda Tarmann                                                                                                   Town Clerk/Treasurer

 

 

2018 Budget Summary for Town of Lake

           
    10 months actual      
  Actual & 2 month Est Budget Budget %
  2016 for 2017 2017 2018 Change
           
           
REVENUES:          
TAXES: General Levy 384,892 491,066 489,997 496,146 1.3%
Mobile Home Park fee    10,784 8,638 8,500 8,500  
Lottery Credit      5,659 7,534 4,000 4,000  
INTERGOVERNMENTAL REVENUES 197,005 363,826 342,649 190,321  
LICENSES & PERMITS      4,941 2,058 2,000 2,000  
PUBLIC CHARGES FOR SERVICES      1,472 925 900 900  
Savings            -     0      
MISCELLANEOUS      1,148 355,717 351,300 1,300  
TOTAL REVENUES 605,901      1,229,764 1,199,346 703,167 -41%
           
    10 months actual      
  Actual & 2 month Est Budget Budget %
  2016 for 2017 2017 2018 Change
EXPENSES:          
GENERAL GOVERNMENT    92,526 91,120 107,080 108,580  
PUBLIC SAFETY    32,907 33,812 40,365 40,365  
PUBLIC WORKS 233,449 243,536 271,410 261,410  
HEALTH & HUMAN SERVICES          847 847 1,000 1,000  
CONSERVATION &   DEVELOPMENT           -            
CAPITAL OUTLAY - 120,663 715,470 747,471 218,030  
DEBT SERVICE    32,017 32,017 32,020 73,782  
OTHER FINANCING USES            -            
TOTAL EXPENSES 512,409 1,116,801 1,199,346 703,167 -41%
           
           
RESERVE FOR CONTINGENCIES            -     0 0 0  
TOTAL EXPENSES &   RESERVE 512,409      1,116,801 1,199,346 703,167 -41%