Minutes: December 5, 2012 Budget Hearing
Village of Plain
Public Hearing
2013 Annual Budget
December 5, 2012
A Public Hearingwas held in the Village of Plain at the Municipal Building on December 5, 2012 at 7:00 p.m. The purpose of the meeting was to review the
proposed 2013 budget.
Roll Call: Stephanie Box; John Dischler; Raymond Ellenbolt, Walter Gerber; and, Kevin Kraemer, Trustees. President Raymond Ring and Trustee James Liegel were absent.
Notice of this meeting was posted on November 14, 2012 in the following locations in the Village of Plain: MunicipalBuilding; Plain Post Office; and, The Peoples Community Bank. The preliminary budget summary was published in the November 14, 2012 issue ofthe Home News.
The hearing was called to order at 7:00 p.m. by Clerk/Treasurer Tafs.
Ellenbolt motioned to appoint Trustee Kraemer as Chair for the December 5, 2012 Budget Public Hearing. Gerber seconded. Motion carried.
The mill rate for 2011 taxes was $21.91662. For 2012, the rate is estimated to be $22.81931.
The Village’s tax levy, without TIF, increased from $532,798.00 in 2012 to $575,199.60 in 2013.
The budget as presented would result in the following 2013 General Fund Budget:
|
REVENUES |
|
|
|
Taxes (Other than Property Taxes) |
|
$33,469.00 |
|
Special Assessments |
|
$0.00 |
|
Intergovernmental Revenues |
|
$114,363.96 |
|
Licenses and Permits |
|
$4,670.00 |
|
Fines, Forfeitures & Penalties |
|
$4,500.00 |
|
Public Charges for Services |
|
$15,625.00 |
|
Intergovernmental Charges |
|
$4,000.00 |
|
Miscellaneous Revenue |
|
$12,257.00 |
|
Other Financing Sources |
|
$0.00 |
|
|
|
$188,884.96 |
|
|
|
|
|
EXPENDITURES |
|
|
|
General Government |
|
$89,648.70 |
|
Public Safety |
|
$152,343.74 |
|
Public Works |
|
$246,984.29 |
|
Culture & Recreation |
|
$76,156.00 |
|
Conservation & Development |
|
$5,284.00 |
|
Transfer to Capital Improvements Fund |
|
$0.00 |
|
Total General Fund Expenditures |
|
$570,416.73 |
|
|
|
|
|
General Fund Expenditures |
|
$570,416.73 |
|
Special Revenue Fund |
|
$117,991.00 |
|
Green TTEC Fund |
|
$51,591.00 |
|
TIF District Fund |
|
$164,780.77 |
|
Debt Service Fund |
|
$42,579.63 |
|
Capital Improvements Fund |
|
$11,621.00 |
|
Total Anticipated Expenditures |
|
$958,980.13 |
|
Total Anticipated TIF Increment Revenues |
|
($100,118.57) |
|
Total Anticipated Non-Property Tax Revenues |
|
($283,560.96) |
|
Initial Tax Levy |
|
$575,300.60 |
|
Surplus Funds Applied - Capital Improvements |
|
($101.00) |
|
Amount Required for Tax Levy |
|
$575,199.60 |
The tax rates with TIF would be as follows:
|
Jurisdiction |
2012 Levy |
2012 Mill Rate |
2011 Levy |
2011 Mill Rate |
|
State |
$11,950.64 |
$0.16009 |
$12,317.22 |
$0.16383 |
|
SaukCounty |
$317,804.99 |
$4.25724 |
$318,625.90 |
$4.23796 |
|
RiverValley |
$752,810.03 |
$10.08446 |
$742,758.73 |
$9.87924 |
|
M.A.T.C. |
$127,856.08 |
$1.71273 |
$124,070.64 |
$1.65023 |
|
Village |
$608,930.46 |
$8.15708 |
$564,418.14 |
$7.50718 |
|
Total |
$1,819,352.20 |
$24.37160 |
$1,762,190.63 |
$23.43844 |
|
School Credit |
($115,879.32) |
($1.55229) |
($114,415.62) |
($1.52181) |
|
Net Taxes |
$1,703,472.88 |
$22.81931 |
$1,647,775.01 |
$21.91662 |
2012 Assessed Valuation = $74,650,500
2012 Equalized Valuation = $70,419,600
Assessment Ratio = 1.060081
Gerber motioned to accept the 2013 General Fund budget of $570,416.73 as presented. Ellenbolt seconded. Motion carried.
Box motioned to adjourn the Public Hearing at 7:04 p.m. Ellenbolt seconded. Motion carried.
Sheila Tafs
Village Clerk/Treasurer