8 December Public Hearing on 2026 Budget — Agenda

2025 2025 2026 % Change Current & Estimated Current Budget Proposed Budget from 2025 REVENUES Taxes $3,254.27 $3,214.00 $3,000.00 Intergovernmental $208,421.24 $249,006.00 $220,339.00 Licenses & Permits $1,249.77 $980.00 $1,150.00 Public Charges $207,997.18 $256,100.00 $270,950.00 Intergovernmental Chgs $1,032.10 $2,800.00 $1,000.00 Misc. $6,545.87 $4,350.00 $2,500.00 TOTAL REVENUE $428,500.43 $516,450.00 $498,939.00 -3.39% Jan 1 cash balance $231,246.31 $141,068.79 TOTAL REVENUE + Cash $659,746.74 $640,007.79 EXPENDITURES General Govt $83,319.51 $79,900.00 $83,111.00 Public Safety $41,239.57 $41,300.00 $42,800.00 Public Works $259,805.41 $340,144.00 $237,628.00 Health & Human Svcs $3,988.75 $2,500.00 $2,500.00 Culture, Rec & Edu $24,506.16 $21,100.00 $26,000.00 Consrv & Developmnt $2,500.00 $2,500.00 $2,500.00 Capital Outlay $103,318.55 $103,000.00 $105,000.00 Debt Service $0.00 $0.00 $0.00 Other $0.00 $0.00 $0.00 TOTAL EXPENDITURES $518,677.95 $590,444.00 $499,539.00 -15.40% Projected cash bal on 12/31 $141,068.79 $140,468.79 Reserved for Hwy Equipment $60,000.00 Surplus $50,000.00 Current Debt 0 0 Lynn DeWall, Clerk Posted November 19, 2025 All reserves are held in the checking/savings accounts TOWN OF STUBBS NOTICE OF PUBLIC HEARING Proposed Budget for 2026 December 8, 2025 5:45 p.m. at the Town Hall All monies are held in the General Fund If you would like more details, you may contact the Town Clerk at 715-595-3682