Public Budget Hearing — Agenda

November 13, 2024 Public Budget Hearing PUBLIC BUDGET HEARING TOWN OF DODGEVILLE IOWA COUNTY Notice is hereby given that on Wednesday, November 13th, 2024 at 6:00 p.m. at the Town Hall of the Town of Dodgeville, 108 E. Leffler Street, a PUBLIC HEARING on the Proposed 2025 budget will be held. The proposed budget in detail is available for inspection at the clerk’s office from 8:00 a.m. to 4:30 p.m., Monday through Thursdays and 9:00 a.m. to 1:00 p.m. on Fridays. REVENUES: 2024 Budget 2025 Budget % Change Personal & Property Tax $494,480.00 $495,259.00 0.15754 % Other Tax/Special Assessments $1,600.00 $ 1,600.00 Intergovernmental Revenues $ 412,163.34 $383,462.08 Licenses and Permits $ 15,850.00 $ 16,050.00 Public Charges for Services$ 9,750.00 $ 9,750.00 Miscellaneous Revenues $ 27,544.00 $ 27,544.00 Intergovernmental Reimbursement $ 0.00 $ 0.00 Short Term Loan Proceeds $ 0.00 $ 0.00 Fund Balance Applied $ 0.00 $257,147.57 Total Revenues & Fund Balance Applied $ 961,387.34 $1,190,812.65 + 23.864 % EXPENDITURES: General Government $ 152,421.81 $ 174,538.60 Public Safety $ 110,737.61 $ 129,000.00 Public Works $ 652,227.92 $ 686,274.05 Health & Human Services $ 6,000.00 $ 6,000.00 Conservation and Development $ 0.00 $ 0.00 Capital Outlay $ 0.00 $ 155,000.00 Debt Service $ 40,000.00 $ 40,000.00 Total Expenditures $ 961,387.34 $1,190,812.65 + 23.864 % Projected Debt Balance as of 12/31/2024: General Obligation Debt $75,222.00 Estimated ARPA Balance as of 12/31/2024: $ 0.00 Estimated Fund Balances as of 12/31/2024: General Fund $476,297.85 Environmental Impact Fee Fund $137,147.57 Equipment Purchase Fund $ 0.00 Debt Service Fund $ 11,852.00 Dated & posted this 23rd day of October, 2024 By: Sara J. Olson, Clerk/Treasurer Town of Dodgeville