2026 proposed budget summary

1 2 3 4 5 6 7 8 9 Town of Clinton 2024 2024 9/30/2025 12/31/2025 2025 2026 Budget Public 2026 2025 Proposed Budget Summary Adoped Actual Actual Full Year Adopted Adopted Percent Hearing Adopted Budget Budget Estimated Budget Budget Change Adjustments Budget Revenues 1 Town Levy 166,890 166,890 253,696 253,696 253696 172409 -32.04% 2 Other Taxes, Licenses & Permits 500 500 1,628 1,900 500 500 0.00% - - 3 Shared Revenue 209,029 209,029 32,019 213,825 213825 221095 3.40% - - 4 2% Fire Insurance Dues 2,500 2,500 3,755 3,755 0 0 #DIV/0! - - 5 State Highway Aids 152,913 152,913 114,684 152,913 152913 163875 7.17% - - 6 TRIP Project Grant - - - - 7 Local Fiscal Recovery Funds (ARPA) - - - 8 Disaster Recovery Aids - - - 9 Bridge Aids & Other Payments from County 1,300 1,300 1,300 1,300 - - 10 Snow Plowing & Sale of Culverts & Bands - - 8,738 8,738 - - 11 Dividends (Interest Income) - - 135 138 - - 12 Miscellaneous Revenues 500 - 22,219 22,219 21500 500 -97.67% - - 13 Total Revenues 532,331 532,331 438,174 658,484 642434 558379 -13.08% 14 Budgetary Line of Credit 160,603 160,603 69,917 146096 66865 15 Loan for Irish Ridge - - - 16 Loan for Arm Mower - 82,500 82,500 82500 0 - - 17 Loan for New Plow Truck 118,710 118,710 118710 0 - 18 General Fund Reserves Applied - - - 19 Building Fund Reserves Applied - - - - 20 Machinery Fund Reserves Applied - - - - 21 Machinery Fund Reserves Applied to Loader Purchase - - - - 22 Total Revenues & Reserves Applied 692,934 692,934 639,384 929,611 989,740 625,244 -36.83% Expenditures 23 Highway & Bridges Maintenance & Overhead 342,179 342,179 412,660 571,261 352100 289150 -17.88% - - 24 Road Projects: Chip Seal, Cold Mix & Hot Mix 180,000 180,000 - 185,000 180000 120000 -33.33% - - 25 Irish Ridge Project (Loan Payment in 2024) 20,000 20,000 37,371 37,371 37371 37371 0.00% - - 26 Bank of Cashton Line of Credit payment - - 2,597 7,091 86097 0 - - 27 Machinery Purchases/Payments 15,690 15,690 15,690 15,690 216484 28453 -86.86% - - 28 Sub-Total Highway Related Expenses 557,869 557,869 468,318 816,413 872052 474974 -45.53% - - 29 Fire Protection 39,006 39,006 15,751 33,288 34178 56969 66.68% - - 30 Sanitation 25,250 25,250 17,896 25,430 25430 24680 -2.95% - - 31 General Government 70,809 70,809 47,872 54,480 58080 68621 18.15% - - 32 Contingency Fund - - - 33 Total Expenditures 692,934 692,934 549,837 929,611 989,740 625,244 -36.83% 34 Machinery Fund 35 Building Fund 36 Total Expenditures 692,934 692,934 549,837 929,611 989,740 625,244 -36.83% Cash Financial Statement Summary 36 General Fund-January 1st - 21,470 15001 5000 - - 37 Machinery Fund-January 1st - - - - 38 Building Fund-January 1st - - - - 39 Local Fiscal Recovery Funds (ARPA) - - - - 41 Payroll taxes Payable - 1,751 1962 1700 - - 42 Total Beginning Cash - 23,220 16,963 6,700 - - 43 Net Income (Loss) - (135,038) 44 General Fund-December 31st - 15,001 5000 - - 45 Machinery Fund-December 31st - - - - 46 Building Fund-December 31st - - - - 47 Local Fiscal Recovery Funds (ARPA) - - - - 49 Payroll taxes Payable - 1,962 1700 - - 50 Total Ending Cash - 16,963 6,700 Ending Loan Balances 52 Budetary Line of Credit - - - - 51 John Deere Credit - 15,690 0 0 - - 52 Irish Ridge Funding - 268,236 265488 265488 - - 53 Bank of Cashton Line of Credit - 83,500 4400 0 - - 54 Arm Mower Funding 82500 82500 55 New Plow Truck 118000 118000 56 Total Debt - 367,426 470,388 465988 0 0 - -