2027XBudgetXPublication

NOTICE OF BUDGET HEARING Village of Holmen 2027 General Fund Budget Village Hall Community Room Thursday, November 12, 2026 6:30 PM 2025 2026 2027 % Actual Budget Proposed Changed Revenues: Property Taxes 6,624,426$ 7,045,373 $ 7,383,473 $ 4.7989% Other Taxes 826,642$ 744,270 $ 803,270 $ 7.9272% Special Assessments 9,996$ 2,437 $ 2,288 $ -6.1141% Intergovernmental 1,813,826$ 1,984,850 $ 1,841,039 $ -7.2454% Licenses and Permits 302,983$ 201,235 $ 202,210 $ 0.4845% Fines, Forfeits and Penalties 114,902 $ 105,200 $ 113,200 $ 7.6046% Public Charges for Services 1,457,464 $ 1,631,145 $ 1,459,295 $ -10.5355% Intergovernmental Charges 42,248$ 41,000 $ 41,000 $ 0.0000% Miscellaneous 490,425$ 174,440 $ 123,140 $ -29.4084% Other Financing Sources 763,500$ 757,000 $ - $ -100.0000% TOTAL REVENUES 12,446,411$ 12,686,950 $ 11,968,915 $ -5.6596% Expenditures: General Government 512,789$ 644,859 $ 663,173 $ 2.8400% Public Safety 4,306,970$ 4,567,546 $ 4,851,990 $ 6.2275% Public Works 1,483,805$ 1,555,584 $ 1,615,954 $ 3.8809% Health and Human Services 3,750$ 3,750 $ 3,750 $ 0.0000% Culture, Park and Recreation 1,533,655 $ 1,610,375 $ 1,673,602 $ 3.9262% Conservation and Development 208,368 $ 99,000 $ 49,000 $ -50.5051% Capital Outlay 1,964,641$ 1,877,000 $ 721,400 $ -61.5663% Debt Service Costs 46,129$ - $ - $ 0.0000% Other Financing Uses 2,272,830$ 2,328,836 $ 2,390,046 $ 2.6284% TOTAL EXPENDITURES 12,332,938$ 12,686,950 $ 11,968,915 $ -5.6596% EXCESS OF REVENUES OVER EXP. 113,473$ - $ - $ Fund Balance, Beg. of Year 9,079,386$ 9,192,859 $ 9,192,859 $ Fund Balance, End of Year 9,192,859$ 9,192,859 $ 9,192,859 $ Property Taxes Levied for Village 6,624,426 $ 7,045,373 $ 7,383,473 $ 4.7989% Village of Holmen Other Funds 2025 2026 2027 % Actual Budget Proposed Changed Debt Service Fund Revenues 2,272,833$ 2,328,836 $ 2,390,046 $ 2.6284% Expenses 2,273,925$ 2,328,836 $ 2,390,046 $ 2.6284% Excess of Revenues over Exp. (1,092) $ - $ 0 $ 0.0000% Capital Projects Fund Revenues -$ - $ 1,565,500$ 100.0000% Expenses -$ - $ 1,565,500$ 100.0000% Excess of Revenues over Exp. -$ - $ - $ 0.0000% TIF #2 Revenues 2,155,752$ 2,728,248 $ 2,757,835 $ 1.0845% Expenses 1,486,470$ 1,461,677 $ 1,527,902 $ 4.5308% Excess of Revenues over Exp. 669,281 $ 1,266,571 $ 1,229,933 $ -2.8927% TIF #3 Revenues 1,991,266$ 1,612,117 $ 1,894,871 $ 17.5393% Expenses 998,253$ 941,019 $ 7,575,359$ 705.0166% Excess of Revenues over Exp. 993,013 $ 671,098 $ (5,680,488)$ -946.4469% Storm Water Management Utility Revenues 448,459$ 428,100 $ 549,000 $ 28.2411% Expenses 373,730$ 500,248 $ 682,552 $ 36.4427% Excess of Revenues over Exp. Including Capital Outlay 74,729$ (72,148)$ (133,552)$ 85.1084% *2027 - ERU change from $15.00 to $17.00 per quarter Water Utility Revenues 5,339,724$ 2,002,848 $ 2,430,418 $ 21.3481% Expenses 2,016,484$ 1,946,182 $ 2,185,573 $ 12.3005% Excess of Revenues over Exp. Excluding Capital Outlay 3,323,241$ 56,666 $ 244,845 $ 332.0845% Sewer Utility Revenues 5,758,342$ 2,686,491 $ 2,816,100 $ 4.8245% Expenses 2,733,914$ 2,515,765 $ 2,723,475 $ 8.2563% Excess of Revenues over Exp. Excluding Capital Outlay 3,024,428$ 170,726 $ 92,625 $ -45.7464% Sewer Rates: Fixed Quarterly Charge $15.50 $15.50 $15.50 0.0000% Volume Charge per 1,000 gallons $8.00 $8.00 $8.00 0.0000% NOTICE: A detailed summary of the Holmen Budget is on file in the Village Clerks office for public inspection during scheduled office hours. Impact Fee revenues and expenditures are identified within the Holmen budget.