November 9, 2021 Public Budget hearing and Special Town 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 2022 BUDGET for the Town of Lake will be held on Tuesday, November 9th at 7:00 p.m. at the Lake Town Hall, W6202 Loomis Road, Porterfield, WI 54159. 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 9, 2021 immediately following completion of the Public Hearing on the proposed year 2022 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 2022 pursuant to Section 82.03(2) (a) of Wisconsin Statutes.
  2. To approve the 2022 total town levy to be collected in 2022 pursuant to Section 60.10(1)(a) of Wisconsin Statutes.

Notice is also hereby given that the town board will hold a special board meeting after the special town meeting to adopt the 2022 Budget.

Dated this 27th day of October, 2021   Linda Tarmann

                                                                   Town Clerk/Treasurer

 

2022 BUDGET SUMMARY FOR TOWN OF LAKE      
  2019 2020 2021 2022 Change
  Actual Actual Budget Budget  
           
Beginning Fund Balance: 314,815 307,705 344,357 344,357 0.0%
Ending Fund Balance: 307,705 344,357 344,357 344,357 0.0%
REVENUES:          
TAXES: GENERAL LEVY 525,308 531,041 535,582 536,148 0.1%
MOBLIE HOME PARKING FEES 6,507 5,564 7,000 7,000 0.0%
INTERGOVERNMENTAL REVENUES 189,973 240,841 199,253 262,641 31.8%
LICENSES & PERMITS 3,533 3,783 4,050 3,775 -6.8%
PUBLIC CHARGES FOR SERVICES 1,135 1,775 1,120 1,120 0.0%
MISCELLANEOUS 24,179 14,367 5,000 3,850 -23.0%
TOTAL REVENUES   750,636   797,371   752,005   814,534 8.3%
           
  2019 2020 2021 2022  
EXPENSES: Actual Actual Budget Budget  
GENERAL GOVERNMENT 98,491 125,303 119,973 112,120 -6.5%
PUBLIC SAFETY 45,600 35,024 42,719 47,315 10.8%
PUBLIC WORKS 442,528 299,179 281,460 282,957 0.5%
HEALTH & HUMAN SERVICES 837 738 1,000 1,000 0.0%
CONSERVATION & DEVELOPMENT 0 0 0 0  
CONSERVATION & DEVELOPMENT          
CAPITAL OUTLAY -  88,791 218,975 224,378 302,782  
DEBT SERVICE 81,500 81,500 82,475 68,360 -17.1%
OTHER FINANCING USES          
TOTAL EXPENSES 757,746 760,719 752,005 814,534 8.3%
           
RESERVE FOR CONTINGENCIES 0 0 0 0  
TOTAL EXPENSES & RESERVE   757,746   760,719   752,005   814,534 8.3%