11/16/17 – Budget Public Hearing Minutes

TOWN OF SPIDER LAKE, SAWYER CO., WI
BUDGET PUBLIC HEARING 11-16-17

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, Treasurer Overman, Clerk Ferda and Fire Chief Nelson. Supervisor Huot was absent. There were a total of nine electors present.

Hucker reported that the board is not proposing much change in the 2018 budget. The most significant change is that there is currently no outstanding debt. The maximum allowable 2017 (payable 2018) levy limit allowed by the State is $265,537.00. This is an increase of $1,061.00 over last year due to net new construction resulting in a 0.40% increase in the levy.

Hucker reviewed portions of the 2018 budget. The Road Construction & Maintenance line item has been increased to meet the anticipated costs for the Town Hall Rd. project. Engineering studies are currently being done to determine what needs to be done to correct the problems. Applied surplus in the amount of $129,000.00 will be used to meet the 2018 budget. Part of this surplus is due to the fire department’s expenditures being less than expected. On the revenue side of the 2018 budget, the State Transportation Aids will increase by $18,255.00. The anticipated revenue line item received for Federal PILT was increased to $60,000.00.

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

The Public Hearing was closed at 6:10 PM.

Christine Ferda
Clerk

Click the link below to download the minutes as a PDF
11-16-17_Budget_Pub_Hrg