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Notice of Budget Hearing & Special Electors Meeting

November 19, 2015 @ 7:30 pm

 
 
      Notice is hereby given that on Thursday, November 19, 2015 at 7:30 p.m. at the Town of Lowell Office
Building @W8906 O’Sixteen Road, Reeseville, a PUBLIC HEARING on the PROPOSED 2016 BUDGET will be held.
The proposed budget in detail is available for inspection by appointment by calling the clerk @ 920/927-5787.
The following is a summary of the proposed 2016 Budget:
2014 2015 2015 2015 2016 %
Actual Proposed Jan. – Sept. Projected Proposed Change
Budget Year end Budget
REVENUES:
GENERAL PROPERTY TAXES (Tax Levy)  $        256,882  $        257,943  $     257,943  $    257,943  $   259,439 0.58
DEBT SERVICE LEVY  $          25,781  $          31,714  $       31,714  $      31,714  $     41,714
INTERGOVERNMENTAL REVENUES  $        142,542  $        186,266  $     137,412  $    187,135  $   144,033
LICENSES & PERMITS  $            5,453  $            4,950  $         6,151  $         6,151  $       5,800
FINES, FORFEITURES & PENALTIES  $                340  $                300  $             975  $            975  $           500
PUBLIC CHARGES FOR SERVICES  $          32,645  $          27,350  $       20,653  $      29,113  $     28,220
LOANS  $        120,000  $                   –  $                –  $                –  $              –
MISCELLANEOUS REVENUES  $            3,181  $            2,730  $         1,080  $         1,569  $       1,500
TOTAL REVENUES  $        586,824  $        511,253  $     455,928  $    514,600  $   481,206 -5.88
EXPENDITURES:
GENERAL GOVERNMENT  $          82,011  $          79,925  $       64,924  $      78,600  $     93,125
PUBLIC SAFETY  $          52,663  $          56,834  $       36,737  $      55,938  $     47,440
PUBLIC WORKS  $        377,144  $        257,080  $     234,793  $    269,476  $   271,876
HEALTH & HUMAN SERVICES  $                875  $            1,000  $                –  $            875  $       1,000
RECREATION  $            1,551  $            1,500  $                –  $         1,500  $       1,500
CONSERVATION & DEVELOPMENT  $          12,469  $          11,700  $         6,228  $      10,700  $     11,000
CAPITAL OUTLAY  $        128,183  $          60,000  $                –  $      54,246  $     12,000
DEBT SERVICES  $          42,372  $          41,714  $       41,715  $      41,715  $     41,715
MISCELLANEOUS EXPENSES  $            1,259  $            1,500  $             428  $         1,550  $       1,550
TOTAL EXPENDITURES  $        698,527  $        511,253  $     384,825  $    514,600  $   481,206 -5.88
Current Indebtedness:       $240,036.
Beginning Year (2015) fund balance: $810,945
Advanced tax collections for 2015: $712,462 (included in total fund balance)
 
 
      Notice is hereby given that on Thursday, November 19, 2015, immediately following completion
of the Public Hearing on the Proposed 2016 budget, which begins at 7:30 p.m. at the Town of Lowell
Office Building, a SPECIAL TOWN MEETING OF THE ELECTORS, called by the Town Board pursuant to
Section 60.12(1)© of Wisconsin State Statutes, will be held for the following purposes:
To approve the 2015 town tax levy to be collected in 2016 pursuant to section
                60.10(1)(a) of Wisconsin Statutes.
Published on November 3, 2015 By Town of Lowell Clerk Theresa Firari
Posted at: The Town Office Building
Sam’s Amoco, State Bank of Reeseville,
& Posting Board @ Cty Rd. I & Lock Rd.
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Details

Date:
November 19, 2015
Time:
7:30 pm
Event Categories:
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