2022 Budget hearing Notice for Posting

Budget Budget Budget Budget Budget Budget Budget Budget + / (-) From 2015 2016 2017 2018 2019 2020 2021 2022 Prev Year Capital Improvements $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $395,400.00 $2,091,000.00 427.83% Airport $38,155.00 $38,155.00 $46,155.00 $34,155.00 $34,155.00 $37,205.00 $38,095.40 $39,850.00 3.61% Buildings 90,320.00 101,270.00 101,270.00 108,740.00 112,840.00 $113,679.00 $120,336.00 $128,565.00 5.84% Building/Zoning Admin 43,985.00 43,298.00 43,293.00 43,293.00 44,361.00 $50,043.00 $50,710.00 $53,300.00 4.11% Community Development 7,121.00 7,452.00 7,587.00 7,745.00 8,022.00 $9,289.00 $10,335.13 $10,160.00 -2.69% Debt Service 0.00 233,252.00 233,253.00 233,252.00 233,252.00 $233,252.00 $306,239.00 $462,167.75 49.92% Depot 3,310.00 3,400.00 3,150.00 3,150.00 3,615.00 $3,900.00 $3,900.00 $3,900.00 -1.00% Engineering & Admin 62,053.00 64,581.00 66,675.00 68,140.00 69,657.00 $71,717.00 $73,670.00 $76,580.00 2.95% Finance 332,843.00 330,600.00 320,141.00 321,572.00 328,936.00 $318,026.00 $320,591.00 $338,031.00 4.44% Fire Protection 84,500.00 84,500.00 84,500.00 84,500.00 89,500.00 $95,500.00 $100,500.00 $111,700.00 10.14% Legal 25,356.00 25,356.00 22,245.00 22,245.00 22,940.00 $24,500.00 $24,750.00 $24,750.00 -1.00% Library 139,737.00 146,129.00 147,065.00 150,712.00 154,327.00 $151,466.00 $153,200.00 $153,150.00 -1.03% Parks 68,200.00 68,200.00 71,200.00 71,300.00 77,400.00 $86,268.00 $98,005.00 $100,475.00 1.52% Police 552,992.00 578,105.00 589,537.00 607,655.00 605,520.00 $618,912.00 $637,410.00 $720,445.00 12.03% Pool 99,000.00 104,000.00 109,000.00 84,000.00 84,000.00 $90,272.00 $92,290.00 $97,100.00 4.21% Public Works 563,740.00 588,740.00 563,740.00 563,740.00 606,190.00 $593,053.00 $607,617.20 $609,525.00 -0.69% Recreation Program 22,350.00 22,350.00 32,350.00 22,350.00 22,350.00 $26,162.00 $26,162.00 $26,215.00 -0.80% Recycling & Disposal 160,200.00 160,200.00 160,200.00 160,200.00 160,200.00 $160,200.00 $165,000.00 $171,800.00 3.12% Safety 7,525.00 7,925.00 7,900.00 7,900.00 8,450.00 $8,530.00 $9,250.00 $10,650.00 14.14% Tuffley 28,980.00 30,237.00 31,637.00 30,950.00 32,901.00 $36,932.00 $37,460.00 $38,730.00 2.39% Total City Expenditures 2,330,367.00 2,637,750.00 2,640,898.00 2,625,599.00 2,698,616.00 2,728,906.00 3,270,920.73 5,268,093.75 60.06% REVENUES Total State & Fed Aid (1,171,350.00) (1,141,284.00) (1,143,035.00) (1,172,537.00) (1,183,129.00) (1,190,296.00) (1,189,293.00) (1,209,376.00) 0.69% Total Other City Revenues (169,373.00) (190,935.00) (207,433.00) (198,898.00) (205,643.00) (199,750.00) (622,400.00) (2,435,800.00) 290.36% Non-Levy Tax Revenues (171,350.00) (172,550.00) (172,925.00) (171,920.00) (172,235.00) (193,750.00) (202,850.00) (202,300.00) -1.27% Local Tax Levy (965,898.00) (985,215.00) (1,004,907.00) (1,019,393.00) (1,041,341.00) (1,145,110.00) (1,254,252.00) (1,418,180.00) 12.07% 2016 Actual 2017 Actual 2018 Actual 2019 Actual 2020 Actual 2021 Projected 2022 Proposed Fund Balance - Beginning of Year 1,027,382 917,374 738,278 674,711 532,677 385,504 383,378 Fund Balance - End of Year 917,374 738,278 674,711 532,677 385,504 383,378 380,941 Difference in Fund Balance (110,008) (179,096) (63,567) (142,034) (147,173) (2,126) (2,438) Outstanding General Obligation Debt as of December 31st 1,539,898 1,289,954 1,034,874 1,204,630 906,590 /s/ Misty D. Molzof 11/13/2021 Misty D. Molzof, City Administrator Publish 11/18/2021 Posted at City Hall, Boscobel Library, and Boscobel Post Office 11/18/2021 NOTICE OF A PUBLIC HEARING - CITY OF BOSCOBEL COMMON COUNCIL, GRANT COUNTY, WI To be held on MONDAY, DECEMBER 6, 2021 AT 6:30 PM at the TUFFLEY COMMUNITY CENTER Regarding the CITY OF BOSCOBEL PROPOSED 2022 BUDGET The City of Boscobel's detail budget is available for public inspection at City Hall, 1006 Wisconsin Avenue, Monday through Friday from 7 am to 4 pm Following is the City of Boscobel General Fund PROPOSED budget for 2022: