2017 BUDGET SUMMARY

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%)

REVENUES

2016 2017Local tax levy $696,322 $703,139Intergovernmental revenues

86,489 83,496

Revenues for services 79,450 82,994Shared revenues 85,536 81,364Other taxes 66,176 65,725State highway aid 71,804 64,623Fines, forfeitures, penalties 27,250 22,250Licenses and permits 20,550 21,050Misc. income 8,370 16,350Special assessments 7,082 6,629Total revenue $1,149,029 $1,147,620

EXPENSES

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

2017 EXPENSES

Public safety31%

DPW/Streets17%

Capital improvement fund16%

General government11%

Special projects3%

Taxes/rents paid7%

Contracted services6%

Debt service-sewer3%

Professional services3%

Parks & dam2%

Village Hall2%

Misc.1%

2017 PROJECTS

Project 2017 Budget Reserve Funds Total CostSouth Street

Village $31,000 + $14,000 LRIP

$532,000 $577,000

Water $10,000 $162,000 $172,000Sewer $8250 $123,500 $131,750

Total $880,750

Water tower painting

Water $140,000 $140,000

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

$1,037,427

$1,059,601

$1,077,164

$1,103,255

$1,155,225

$1,156,681

$1,267,127

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

2009–2016 LEVY HISTORY

2009 2010 2011 2012 2013 2014 2015 2016$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

County Village School MATC State

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

2009–2016 MILL RATE HISTORY

2009 2010 2011 2012 2013 2014 2015 20160

5

10

15

20

25

County Village School MATC State Total

PROPERTY TAX DISTRIBUTION

County24%

Village25%

School46%

VoTech4%

State1%

County Village School VoTech State

PROPERTY TAX $170,000 HOME

2009 2010 2011 2012 2013 2014 2015 2016$3,000

$3,100

$3,200

$3,300

$3,400

$3,500

$3,600

$3,700

$3,331

$3,666

$3,529

$3,647

$3,465

$3,309$3,250

$3,415

MILL RATE COMPARISONS

0

5

10

15

20

25

30

35

Municipal Mill Rate Total Mill Rate

2015-16 – Wisconsin Taxpayers Alliance