Minutes: December 2, 2009 Budget Hearing

Village of Plain

Public Hearing

2010 Annual Budget

December 2, 2009

 

 


A Public Hearing was held in the Village of Plain at the Municipal Building on December 2, 2009 at 7:00 p.m.  The purposes of the meeting were to review the 2009 General Fund budget and the proposed 2010 budget. 

 

The following Village Board members were present: Raymond Ellenbolt, President; Robert Jewell; James Liegel; Duane Meise; Robert Neuheisel; and, Merry Lynn Riek, Trustees. Trustee David Buchanan was absent.

 

Others Present: Kevin Kraemer

 

Notice of this meeting was posted on November 18, 2009 in the following locations in the Village of Plain:  Municipal Building; Plain Post Office; and, The Peoples Community Bank.  The preliminary budget summary was published in the November 18, 2009 issue of the Home News.

 

The hearing was called to order at 7:00 p.m. by President Ellenbolt.

 

The 2010 General Fund budget is within the 3.2% increase limit to qualify for an Expenditure Restraint payment.

 

School funding was decreased by the state. The schools mill rates have gone up significantly. All other mill rates stayed the same or decreased because of the increase in the Village’s overall assessment.

 

The mill rate for 2008 taxes was $19.46234.  For 2009, the rate is estimated to be $20.50211.  The mill rate is before the Lottery credit of $81.35 and the First Dollar credit of $71.31 are applied.

 

The Village’s tax levy increased from $458,733.00 in 2009 to $472,494.00 in 2010.  This is an increase of 3%.

 

 

The budget as presented would result in the following 2010 General Fund Budget:

 

 

   REVENUES

 

 

General Property Taxes

 

$371,416.08

Taxes (Other than Property Taxes)

 

$17,618.00

Special Assessments

 

$1,756.47

Intergovernmental Revenues

 

$98,292.48

Licenses and Permits

 

$5,992.00

Fines, Forfeitures & Penalties

 

$550.00

Public Charges for Services

 

$14,700.00

Intergovernmental Charges for Services

 

$1,500.00

Miscellaneous Revenue

 

$15,319.43

Other Financing Sources

 

$0.00

Total Revenues

 

$527,144.46

 

 

 

   EXPENDITURES

 

 

General Government

 

$74,405.03

Public Safety

 

$161,473.20

Public Works

 

$199,342.23

Culture & Recreation

 

$74,339.00

Conservation & Development

 

$17,585.00

Other Financing Uses

 

$0.00

Total General Fund Expenditures

 

$527,144.46

 

 

 

 

 

 

 

 

 

General Fund Expenditures

 

$527,144.46

Library Fund

 

$118,436.00

Debt Service Fund

 

$50,257.92

Capital Improvements Fund

 

$8,761.00

Total Anticipated Expenditures

 

$704,599.38

Total Anticipated Non-Property Tax Revenues

 

($226,410.10)

Capital Improvements Surplus Applied

 

($5,695.28)

Amount Required for Tax Levy

 

$472,494.00

 

 

 

 The tax rates would be as follows:

 

Jurisdiction

2008 Levy

2008 Mill Rate

2009 Levy

2009 Mill Rate

State

$12,604.97

$0.17216

$12,769.09

$0.16612

Sauk County

$301,558.16

$4.11883

$316,645.53

$4.11930

River Valley

$649,430.71

$8.87024

$755,656.11

$9.83048

M.A.T.C.

$89,977.95

$1.22896

$98,795.75

$1.28525

Village

$482,258.56

$6.58692

$503,450.81

$6.54949

Total

$1,535,830.35

$20.977105

$1,687,317.29

$21.95064

School Credit

($110,903.05)

($1.51477)

($111,346.73)

($1.44853)

Net Taxes

$1,424,927.30

$19.46234

$1,575,970.56

$20.50211

 

 

2009 Assessed Valuation  =  $76,868,700

2009 Equalized Valuation =  $75,242,400

Assessment Ratio              =  1.021614

 

Liegel motioned to accept the 2010 General Fund budget of $527,144.46 as presented. 

Meise seconded the motion.  The motion carried unanimously.

 

Liegel motioned to adjourn the Public Hearing. Meise seconded, and the motion carried.

 

The Public Hearing adjourned to a Village Board meeting at 7:07 p.m.                                                                                           

 

 

 

 

 

                                                                                                Sheila Tafs

Village Clerk/Treasurer