Public Meeting — Agenda

Notice of Public Budget Hearing Notice is hereby given that the Town of Cooperstown, Manitowoc County , Wisconsin will hold a PUBLIC HEARING on the town’s PROPOSED 2025 BUDGET on Tuesday, December 3, 2024 at 7:00 p.m., at the Cooperstown Town Hall, 11626 Hwy Z, Maribel, WI. Immediately following the PUBLIC HEARING, a SPECIAL TOWN MEETING OF THE ELECTORS will be held to approve the 2024 total town tax levy to be collected in 2025. The proposed budget in detail is available for inspection on the town’s website at www.townofcooperstown.wi.gov and at the clerk’s office by appointment. The following is a summary of the proposed 2025 Budget. PROPOSED TOWN OF COOPERSTOWN BUDGET FOR 2025 General Fund 2024 2025 % Change REVENUES: General Property Taxes $355,052 $401,744 13.2% Intergovernmental Revenues 316236 288847 -8.7% Licenses & Permits 6500 8050 23.8% Fines, Forfeitures & Penalties 0 0 0.0% Public Charges for Services 1800 1800 0.0% Intergovernmental Charges for Services 25000 1500 -94.0% Miscellaneous Revenues 400 6000 1400.0% Other Financing Sources 1000 1600 60.0% Long Term Debt Total Revenues $705,988 $709,541 0.5% Cash Balance Applied 0 60000 Total Revenues & Cash Balance Applied 705988 769541 9.0% EXPENDITURES: General Government 108,600 107,500 -1.0% Public Safety 156,998 173,216 10.3% Public Works 388,510 443,521 14.2% Health & Human Services 0 0 0.0% Culture, Recreation and Education 0 0 0.0% Conservation & Development 1000 1000 0.0% Capital Outlay 0 0 0.0% Debt Service 50,880 44,304 -12.9% Other Financing Uses 0 0 0.0% Total Expenditures 705988 769541 9.0% GOVERNMENTAL FUNDS Fund Bal. Revenues Expenditures Projected Fund Bal. Property Tax Jan. 1, 2025 Dec.31, 2025 Contribution General Fund $191,305 $769,541 $769,541 $191,305 $401,744 Capital Reserve Outlay General Public Building $500 $0 $0 $500 General Government Outlay $565 $0 $0 $565 Hwy & Street Outlay $0 $0 $0 $0 Highway Equipment Outlay $32,300 $0 $0 $32,300 Highway Building Outlay- Const $870 $0 $0 $870 ARPA $9,623 $0 $9,623 $0 $235,163 $769,541 $779,164 $225,540 Posted this 15th day of November, 2024. By: ______Susan Kornely__________________ Susan Kornely, Town Clerk Town of Cooperstown, Manitowoc County