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2018 budget review

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2018 budget review

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2018 budget review

  1. 1. 2018 Budget Proposal
  2. 2. 2018 2017 Change Total budget $1,183,881 $1,147,620 +3.16% Levy $732,397 $703,139 +4.16% Mill rate .005570465 .005499663 +1.3% Assessed value $131,478,600 $127,851,300 +2.8% Equalized value $137,209,000 $125,887,900 +9% Assessment ratio 96% 102% Net new construction $5,238,000 $1,192,100
  3. 3. Local tax levy 62% Intergovernmental 7% Shared Revenue 7% Revenue for Services 8% State highway aid 5% Fines, forfeitures, fees 2% Licenses & permits 2% Other taxes 6% Special assessments <1% Misc. 1%
  4. 4. 2,044 11,000 20,825 22,850 62,619 66,066 80,374 86,235 95,300 732,397 1,179,710 6,629 16,350 21,050 22,250 64,623 65,725 83,496 81,364 82,994 703,139 1,147,620 Special assessments Interest, misc. Licenses & permits Fines, forfeitures, fees State trans. aid Other taxes Intergovernmental Shared revenue Revenue for services Tax levy Total revenue 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2017 2018
  5. 5. Public safety 30% DPW/Streets 23%Capital improvement fund 7% General government 11% Taxes/rents paid 6% Contracted services 7% Debt service-sewer 3% Professional services 3% Parks & dam 3% Village Hall 6% Misc. 1%
  6. 6. 8,675 15,977 18,500 36,800 36,896 74,876 76,550 79,173 127,103 130,300 214,979 359,881 1,179,710 8,675 18,497 17,400 32,800 36,896 75,075 69,200 180,746 123,311 39,000 195,564 350,456 1,147,620 Misc. Village Hall Parks & dam Professional services Debt service-sewer Taxes/rents paid Contracted services Capital improvement fund General government Special projects DPW/Streets Public safety Total expenses 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2017 2018
  7. 7. North Main Street extension 2018 Budget Reserve Funds Total cost Streets $53,800 + $119,000 Col. Cty. $239,200 $412,000 Water $15,000 $95,000 $110,000 Total $522,000 Village Hall roof/lighting $50,000 Dam repairs $20,000 Main St. tree trimming $3500 Ordinance update project $3000 Brayton Park shelter paint $1800
  8. 8. $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 School Village County MATC State
  9. 9. 0 5 10 15 20 25 2009 2010 2011 2012 2013 2014 2015 2016 2017 Total School Village County MATC State
  10. 10. School 46% Village 25% County 24% MATC 5% State 0%
  11. 11. $3,331 $3,666 $3,529 $3,647 $3,465 $3,309 $3,250 $3,415 $3,502 $3,000 $3,100 $3,200 $3,300 $3,400 $3,500 $3,600 $3,700 2009 2010 2011 2012 2013 2014 2015 2016 2017
  12. 12. School $1,461 Village $945 County $927 Vo-Tech $167 $3500 total tax Includes School Tax Credit Does not include First Dollar or Lottery Credits

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