2018

BUDGET SUMMARY FOR THE TOWN OF ANGELICA 10/25/2017 2017 2018 2016 ACTUAL / 2017 PROPOSED % ACTUAL ESTIMATED BUDGET BUDGET CHANGE Revenues: Town Tax - General Levy $400,083 $404,840 $404,840 $411,876 +1.7% State Aids, Grants, Shared Revenue, PILT, MFL 204,728 206,231 202,819 216,420 American Transmission EIN Payments 0 84,546 0 80,673 Licenses and Permits 2,739 2,685 2,490 2,415 Charges for Services 47,801 47,198 47,340 46,580 Charges for Installing 911 Numbers 325 370 260 260 Charges for Fire Calls 3,330 2,819 0 0 Interest 690 3,116 650 640 Del. Personal Property Taxes/Use Value Penalty 451 208 0 0 N.E.W. Surplus 478 3,769 0 0 Miscellaneous Revenue 17,062 6,500 0 0 TOTAL REVENUES $677,687 $762,282 $658,399 $758,864 +15.3% Expenditures: Administrative, Elections 81,116 82,836 81,538 87,381 Assessor's Contract and State Assessing Fees 5,634 5,747 6,300 5,775 Planning Committee 1,322 1,280 1,800 2,140 Insurance & Legal Fees 5,102 5,675 6,450 6,250 Hall-Electric,Phone,Repairs, Maint. & Supplies 32,230 9,259 6,546 6,780 Krakow Park Maintenance, Utilities, Improvements 2,537 4,417 5,860 7,860 Hillside Cemetery Maintenance 1,540 4,640 1,500 3,750 Fire Protection Services 37,721 132,341 44,352 45,190 Rescue/Ambulance 29,970 32,751 29,750 32,150 Rescue/Ambulance- return of windfall 253 2000 3,000 0 911 Services 194 154 255 255 Animal Control 3,039 1,753 1,656 1,798 Garbage & Recycling Pickup, Tippage 65,171 64,673 65,875 66,500 Miscellaneous 2,257 3,960 250 250 Road Reconstruction & Maintenance 411,798 475,142 465,308 531,852 +14.3% Reserve for Contingencies 0 0 50,000 40,000 TOTAL EXPENDITURES $679,884 $826,628 $770,440 $837,931 +8.8% EXCESS OF REVENUES -$64,346 -$79,067 OVER (UNDER) EXPENDITURES UNRESERVED CASH BALANCE JANUARY 1 (excluding tax roll collections) $143,413 $79,067 UNRESERVED CASH BALANCE DECEMBER 31 (excluding tax roll collections) $79,067 $0 Property Taxes Levied for Municipality * $400,083 $404,840 $404,840 $411,876 +1.7% $131,361,300 x 3.135444001/M * 2017 Aggregate Assessed Valuation Total 2018 Anticipated Expenditures $837,931 Less: Total 2018 Anticipated Non-Property Tax Revenues -$346,988 Less: Estimated Cash Balance ~ December 31, 2017 Applied to Reduce Levy -$79,067 Amount Required for Levy $411,876 NOTICE OF PUBLIC BUDGET HEARING FOR THE TOWN OF ANGELICA Notice is hereby given that on Monday, November 13, 2017 at 6:00 p.m. at the Angelica Town Hall a PUBLIC HEARING on the PROPOSED BUDGET of the Town of Angelica will be held. The proposed budget in detail is available for inspection at the clerk's office by appointment. Please call Town of Angelica Clerk, Janet Powers at (920) 822-5554.