2017 budget proposal

1. 2017 BUDGET SUMMARY

2. 2017 BUDGET HIGHLIGHTS
• Levy $703,139
• Mill Rate .0054996625 ($5.4996625 per $1000 assessed value)
• Assessed Value $127,851,300
• Equalized Value $125,887,900
• Assessment Ratio ~102%
• Net New Construction $1,192,100 (+.98%)

3. REVENUES
2016 2017
Local tax levy $696,322 $703,139
Intergovernmental revenues 86,489 83,496
Revenues for services 79,450 82,994
Shared revenues 85,536 81,364
Other taxes 66,176 65,725
State highway aid 71,804 64,623
Fines, forfeitures, penalties 27,250 22,250
Licenses and permits 20,550 21,050
Misc. income 8,370 16,350
Special assessments 7,082 6,629
Total revenue $1,149,029 $1,147,620

4. EXPENSES
2016 2017
Public safety $342,702 $350,456
DPW/Streets 207,318 195,564
Capital improvement fund 137,079 180,746
General government 126,383 123,311
Special projects 79,000 39,000
Taxes/rents paid 74,738 75,075
Contracted services 66,000 69,200
Debt service- sewer 36,896 36,896
Professional services 29,750 32,800
Village Hall 18,090 18,497
Parks & dam 22,398 17,400
Misc. 8,675 8,675
Total expenses $1,149,029 $1,147,620

5. 2017 EXPENSES
Public safety
30%
DPW/Streets
17%
Capital improvement fund
16%
General government
11%
Special projects
3%
Taxes/rents paid
7%
Contracted services
6%
Debt service-sewer
3%
Professional
services
3%
Parks & dam
1%
Village Hall
2%
Misc.
1%

6. 2017 PROJECTS
Project 2017 Budget Reserve Funds Total Cost
South Street
Village $31,000 + $14,000 LRIP $532,000 $577,000
Water $10,000 $162,000 $172,000
Sewer $8250 $123,500 $131,750
Total $880,750
Water tower painting
Water $140,000 $140,000

7. LEVY HISTORY
2009 2010 2011 2012 2013 2014 2015 2016
Village $588,070 $632,978 $632,978 $638,552 $676,283 $676,283 $696,322 $703,139
Columbia
Cty.
$490,852 $508,194 $533,608 $564,425 $631,685 $650,617 $639,159 $658,582
FR School $924,182
$1,037,42
7
$1,059,60
1
$1,077,16
4
$1,103,25
5
$1,155,22
5
$1,156,68
1
$1,267,12
7
VoTech $141,057 $159,953 $181,380 $197,181 $218,492 $115,391 $112,865 $121,575
State WI $20,150 $20,880 $20,398 $20,843 $20,141 $20,972 $20,654 $21,364

8. 2009–2016 LEVY HISTORY
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2009 2010 2011 2012 2013 2014 2015 2016
County Village School MATC State

9. MILL RATE HISTORY
2009 2010 2011 2012 2013 2014 2015 2016
Village 5.729825 6.159314 5.752769 5.824201 5.432359 5.381959 5.490900 5.499663
Columbia
Cty. 4.782583 4.945084 4.849659 5.148093 5.074114 5.177709 5.040138 5.151154
FR School 9.004711 10.094886 9.630102 9.824761 8.862084 9.193450 9.121097 9.910943
VoTech 1.374375 1.556452 1.648456 1.798479 1.755072 0.918300 0.890008 0.950910
State WI 0.177634 0.179124 0.163652 0.168103 0.161786 0.166901 0.162872 0.167100
Total 19.595247 21.565621 20.761466 21.454504 20.381475 19.464649 19.117927 20.090105

10. 2009–2016 MILL RATE
HISTORY
0
5
10
15
20
25
2009 2010 2011 2012 2013 2014 2015 2016
County Village School MATC State Total

11. PROPERTY TAX DISTRIBUTION
County
24%
Village
25%
School
46%
VoTech
4%
State
1%
County Village School VoTech State

12. PROPERTY TAX $170,000 HOME
$3,331
$3,666
$3,529
$3,647
$3,465
$3,309
$3,250
$3,415
$3,000
$3,100
$3,200
$3,300
$3,400
$3,500
$3,600
$3,700
2009 2010 2011 2012 2013 2014 2015 2016

13. MILL RATE COMPARISONS
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
Municipal Mill Rate Total Mill2015-16 – Wisconsin Taxpayers Alliance