Committee of the Whole — Agenda packet

Budgetary Year 2027 City of Nekoosa, Wisconsin 2027 Budget Meeting 2 August 18, 2026 Net New Construction 2026 Net New Construction value is .033% for 2027 Levy Limit Calculation or $4,241 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026Net new construction %0.14% 0.12% 0.19% 0.94% 0.23% 0.54% 0.40% 0.33% 0.75% 0.57% 1.21% 0.33%0.00%0.20%0.40%0.60%0.80%1.00%1.20%1.40% 2 Net New Construction How does NNC relate to the annual budget? Allows for increases of levy (under levy limits): 2021 - $6,231 2022 - $4,611 2023 - $3,565 2024 - $8,747 2025 - $6,769 2026 - $14,411 2027 -$4,241 2 2027 Levy Calculation – Estimate 2 2027 Levy Calculation – Estimate (no changes) 2 2027 Levy Calculation – Estimate (current w/changes) 2 2027 Levy Calculation – Factors that will require monitoring  State generated revenues as they come this fall  Levy Limits – verification to estimated  Property Insurance  Any new 2027 borrowing and the strategy around that  Accumulated sick leave retirement benefit payout cash flow 2 Reference Slides: Historical Data – Where the City has been 89%81%75%59%48%43%29%35%44%46%62%63%62%66%64%53%51%46%39%36%43%24%32%76%55% 55%33%23%16%7%9%17%23%40%37%38%42%37%34%29%21%12%14%20%17%23%0%10%20%30%40%50%60%70%80%90%100% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026Total FB % of ExpUnassigned FB % of Exp 2 Historical Data – Where the City has been 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2025 2026Rate per $1000 - City$11. $11. $10. $11. $11. $11. $12. $12. $12. $12. $13. $13. $13. $13. $13. $14. $14. $14. $14. $10. $9.1 $10. $- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00 $14.00 $16.00 2 Historical Data – Where the City has been 7.09%11.95%11.20%12.66%10.10%2.90%0.40%-1.70%-2.93%2.84%-0.79%1.86%1.85%1.78%2.39%2.11%2.71%3.04%-1.20%2.59%1.62%1.81%0.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00% 20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 Water Rate of ReturnWater Rate of Return 2 PY 2026 Budget 2 2027 Budget – Next Steps  Schedule Budget Meeting #3 – minor adjustments for YTD 2026 actual analysis and up-to-date information. o Late September?  Schedule Budget Meeting #4 – consolidation budget meeting (as many as needed) o October  Schedule Budget Adoption meeting o Late November 2 Questions?