11/14/18 – Budget Public Hearing Minutes

TOWN OF SPIDER LAKE, SAWYER CO., WI
BUDGET PUBLIC HEARING 11-14-18

The Town of Spider Lake Budget Hearing was called to order by Town Chair Hucker at 6:00 PM. Present were Hucker, Brandt, McGuiness, Cerman, Huot, Clerk Ferda and Treasurer Overman. There were a total of nineteen electors present including the town board, clerk and treasurer.

Hucker reported that the board is not proposing any significant changes in the 2019 budget. Hucker noted that the 2019 budget revenues and expenditures will be less than the 2018 budget. Expenditures will be less largely due to the cost of the Town Hall Rd. project that was completed this year. Costs for the project were approximately 30% more than the engineer’s estimate. The maximum allowable 2018 (payable 2019) levy limit allowed by the State is $266,929.00. This is an increase of $1,392.00 over last year due to net new construction resulting in an increase of 0.52% increase in the levy. Costs for fuel and equipment maintenance will be increased for 2019. Applied surplus in the amount of $55,000.00 will be used to meet the 2019 budget.

Jim Nickel asked if funds will be available for any communication improvements. Hucker replied funds are available under the Fire Protection line item and the Operations & Equipment Repair line item of the Roads budget. If needed, funds could be used from the Capital Improvement or Capital Equipment funds. Any funds available at the end of the year in the Fire Dept. budget will roll over to 2019 for communication improvements.

Hucker reported that there will be no proposed increase in compensation for the elected officials, which include Town Chair, two Supervisors, Clerk and Treasurer, whose term will begin on April 16, 2019.

There were no further questions or comments from the electors present at the hearing.

The Public Hearing was closed at 6:07 PM.

Christine Ferda
Town Clerk

Click the link below to download the minutes as a PDF
11-14-18_bdgt_pub_hr.pdf