Little Suamico Sanitary District DRAFT OF 2027 Budget_9-26-26

LITTLE SUAMICO SANITARY DISTRICT 2027 DRAFT BUDGET BUDGET HEARING MONDAY, 10-19-26 REVENUE PROJECTED BUDGET 2026 YTD 9-30-26 PROJECTED BUDGET 2027 NOTES for 2027 budget RUE counted on 9-20-26 480.75 (inlcludes 76 for MH Park) plus metered avg 3 rue, plus 3 lilac/lilly yet to connect) total 486.75 352,800.00 265,000.00 350,460.00 METER RENTAL FEE @ $30 QUARTER 120.00 90.00 120.00 TAX LEVY 15,000.00 15,000.00 15,000.00 REVENUE FROM OTHER SOURCES BELOW: FINANCE CHARGES on past due A/R 0.00 1,347.00 0.00 Permit fees - start @ $250 for 100" lateral w/ increase of $100 for every 100' (3 properties Lilly/Lilac still to connect) 0.00 500.00 750.00 Connection Fees- $2800 per residential unit (3 LILLY/LILAC) 0.00 5,600.00 8,400.00 Interest earned on Cash Deposits 14,500.00 16,841.00 25,260.00 Interest collected by Oconto County on Past Due Due from Municipality 0.00 222.00 0.00 Special Assessment Inquiries - $25.00 per request 0.00 600.00 0.00 Miscellaneous income (maps, OEC cap credits, NSF check fee charges, Aid from WI, etc) 600.00 79.00 0.00 Special Assessment Revenue to collect via December tax roll (principal & interest) - dedicated to debt retirement Associated Bank - NOTE:Recorded as received in full - some properties may still be outstanding with Oconto County as a due from municipality (just a reclassify of the receivable) 65,614.00 65,614.00 65,614.00 TOTAL REVENUE 448,634.00 370,893.00 465,604.00 EXPENSES: REPAIRS AND MAINTENANCE 75,000.00 41,233.00 55,000.00 VALVE REPLACEMENT AT TREATMENT PLANT 170,000.00 6,859.00 0.00 COMPLETED CHEMICALS FOR PHOSPHORUS REDUCTION 25,000.00 14,557.00 25,000.00 DIGGERS HOTLINE LOCATE FEE 200.00 375.00 500.00 SNOWPLOWING, TREE REMOVAL, GROUNDS MAINTENANCE 1,300.00 1,400.00 1,900.00 WI DNR YEARLY EFFLUENT FEE 1,000.00 575.00 1,000.00 YEARLY SOFTWARE LICENSE FOR TREATMENT PLANT (TEAMVIEWER) 625.00 605.00 650.00 ELECTRICAL SERVICES FOR TREATMENT PLANT AND LIFTSTATIONS 27,000.00 17,782.00 27,000.00 LAB FEES 9,000.00 9,035.00 12,000.00 COST ESTIMATE AS OF July 2025 meeting = $505K as of 2026 budgeting 235K to anticipate use of funds in 2027 235,000.00 117,500.00 235,000.00 ENGINEERING ADVISORY FEE and OTHER ENGINEERING (SOP, stub lateral greaves, etc- other than valve project) 15,000.00 25,433.00 36,000.00 ACCOUNTING ANNUAL AUDIT AND PREPARATION OF FINANCIAL STATEMENTS 9,000.00 8,000.00 9,000.00 LEGAL 1,500.00 0.00 1,500.00 INSURANCE 11,000.00 1,000.00 11,000.00 EMPLOYER PAYROLL TAXES 4,825.00 3,068.00 4,208.00 SALARIES and WAGES 63,000.00 40,103.00 55,000.00 TRAVEL EXPENSE 4,300.00 2,900.00 4,350.00 OFFICE SUPPLIES includes Intuit quickbook subscription, postage, paper, envelopes, et 3,000.00 3,570.00 4,800.00 TELEPHONE/COMMUNICATIONS 2,550.00 1,035.00 1,500.00 BANK SERVICE FEES 200.00 72.00 145.00 CREDIT CARD PROCESS FEES and ONLINE WEBSITE STORE (ECWID) 1,100.00 408.00 0.00 REPLACEMENT FUND - FOR DEPRECIATION/REPLACE FUND REQUIRED BY CWF LOAN 20,100.00 20,100.00 20,100.00 TOTAL EXPENSES: 679,700.00 315,610.00 505,653.00 1,426.00 -40,049.00 DEBT REQUIREMENTS P&I: LITTLE SUAMICO SANITARY DISTRICT 2027 DRAFT BUDGET BUDGET HEARING MONDAY, 10-19-26 INTERST EXPENSE ASSOCIATED BANK LOAN 26,918.00 26,918.00 23,201.00 INTEREST EXPENSE CLEAN WATER FUND LOAN 1.485% 20,109.00 10,343.00 18,945.00 PRINCIPAL Payment Associated Bank - balance as of 8-18-2025 = $474,095.22 65,461.00 65,460.00 69,177.00 PRINCIPAL Payment Clean Water Fund LOAN 4486-07 - balance as of 8-18-2025 = $1,393,018.77 77,772.00 77,772.00 78,926.00 TOTAL DEBT EXPENSE: 190,260.00 180,493.00 190,249.00 TOTAL PROJECTED NET LOSS/NET INCOME -421,326.00 -125,210.00 -230,298.00 total net loss w/ debt & expenses, but see cash below debt requirement is being funded O&M Checking 45,326.00 For Daily operations and GENERAL SAVINGS - $210K is dedicated to sludge removal 423,124.00 ONLY 95,874.00 IS UNRESTRICTED USE the rest is allocated for sludge removal 95,874 AVAILABLE TO MEET SHORTFALL IN REV VS expenses 386,250.00 is allocated DEPRECIATION 188,220.00 can be used for repairs which relieves some of the burden of O&M checking above w/ 49,301.00 AVAILABLE FOR REPAIRS DEBT RETIREMENT FUND: 164,968.00 RESTRICTED USE availabe to help w/ debt expense of 190K above cwf and assoc bank CONNECTION CHARGES: -RESTRICTED FOR CAP IMPROVEMENTS 155,840.00 RESTRICTED USE restricted for plant improvements TOTAL CASH ON HAND AS OF 9-26-2026 656,670.00