Village Board Budget Meeting — Agenda packet

NOTICE OF PUBLIC BUDGET HEARING FOR THE VILLAGE OF LAKE HALLIE Notice is hereby given that on Monday, November 24, 2025 at 5:00 p.m. at the Village of Lake Hallie Municipal Building, 13136 30th Avenue, Lake Hallie, WI a PUBLIC HEARING on the 2026 PROPOSED BUDGET of the Village of Lake Hallie will be held. The proposed budget is available for inspection at the village clerk's office 8:00 a.m. to 4:30 p.m. Monday thru Thursday and 8:00 a.m. to 12:00 p.m. Friday located at 13136 30th Avenue, Lake Hallie, WI. 2024 2025 2026 REVENUES: ACTUAL BUDGET PROPOSED BUDGET Taxes General Property Taxes $2,939,432 $2,987,763 $3,887,236 Other Taxes $432,963 $402,866 $343,913 Intergovernmental Revenues $1,574,612 $877,646 $988,876 Licenses and Permits $92,358 $94,670 $100,990 Fines, Forfeitures & Penalties $35,522 $37,500 $37,500 Public Charges for Services $41,836 $36,000 $42,800 Intergovernmental Charges for Services $0 $0 $500,000 Miscellaneous Revenues $770,556 $653,080 $11,822 Other Financing Sources $0 $0 $0 TOTAL REVENUES $5,887,279 $5,089,525 $5,913,137 16.18% EXPENDITURES: General Government $493,366.83 $511,907.00 $612,595.30 Public Safety $2,571,812.05 $2,710,308.00 $2,909,916.29 Public Works $1,609,886.96 $1,302,710.00 $1,284,237.26 Health and Human Services $5,866.76 $7,000.00 $9,902.00 Conservation and Development $169,966.65 $176,300.00 $119,000.00 Culture, Recreation and Education $240,546.73 $116,000.00 $151,100.42 Capital Outlay $199,822.29 $265,300.00 $391,385.58 Debt Retirement $2,806.03 $0.00 $435,000.00 TOTAL EXPENDITURES $5,294,074.30 $5,089,525.00 $5,913,136.85 16.18% General Property Taxes $ 2,987,763.00 $ 3,887,236.00 Fund Balance Total Total Fund Balance January 1 Additions Deletions December 31-2024 General Fund $ 7,240,361.00 $ 5,884,474.00 $ 5,292,456.00 $ 7,832,379.00 TIF Districts (#1 & #2) $ 547,173.00 $ 2,218,719.00 $ 1,461,579.00 $ 1,304,313.00 Enterprise Fund/Assets (Water/Sewer) $ 20,397,721.00 $ 1,170,142.00 $ 579,041.00 $ 20,988,822.00 Indebtedness Total GO Debt Outstanding 2025A $ 1,013,000.00 Water Debt $ 1,260,000.00 Tid #1 - Water $ 0.00 Tid #1 - Sewer $ 0.00 Tid #2 - Series 2014B $ 0.00 Safe Drinking Water $ 1,288,113.33