Town Board (Special) — Agenda

Town of Algoma General Fund 2025 Adopted 2026 Proposed $ Change % Change % of 2026 Budget REVENUES: Property Taxes: General Fund Levy 1,118,816 1,135,836 17,020 1.5% 18.5% Debt Service Levy 406,415 455,590 49,175 12.1% 7.4% Other (MFL, Lottery Credit) 69,400 2 (69,398) -100.0% 0.0% Special Assessments 0 0 0 0.0% 0.0% Intergovernmental Revenues 540,827 590,899 50,072 9.3% 9.6% Licenses & Permits 213,315 203,510 (9,805) -4.6% 3.3% Fines, Forfeitures, & Penalties 0 0 0 0.0% 0.0% Public Charges for Services 635,368 843,033 207,665 32.7% 13.7% Intergovernmental Charges for Services 0 0 0 0.0% 0.0% Miscellaneous Revenues 43,961 60,000 16,039 36.5% 1.0% Other Financing Sources 40,000 2,854,500 2,814,500 7036.3% 46.5% TOTAL REVENUES 3,068,102 6,143,370 3,075,268 100.2% 100.0% EXPENSES: General Government 538,855 607,448 68,593 12.7% 9.9% Public Safety 562,741 699,285 136,544 24.3% 11.4% Public Works 1,181,579 1,240,141 58,562 5.0% 20.2% Health & Human Services 2,700 2,700 0 0.0% 0.0% Culture, Recreation, & Education 33,112 31,306 (1,806) -5.5% 0.5% Conservation & Development 104,700 98,400 (6,300) -6.0% 1.6% Capital Outlay 238,000 3,008,500 2,770,500 1164.1% 49.0% Debt Service 406,415 455,590 49,175 12.1% 7.4% TOTAL EXPENSES 3,068,102 6,143,370 3,075,268 100.2% 100.0% FUND BALANCES: General Fund Committed Unassigned Total as of 9/30/25 740,656 622,563 1,363,219 Projected Year End 2025 689,546 652,771 1,342,318 Projected Year End 2026 115,438 652,771 768,209 Special Revenue Funds Parks Fire/First Res Total as of 9/30/25 111,944 43,913 155,857 Projected Year End 2025 123,869 45,893 169,762 Projected Year End 2026 15,869 51,393 67,262 Respectfully submitted by Katie Reinbold, Town of Algoma Clerk/Treasurer NOTICE OF PUBLIC BUDGET HEARING FOR THE TOWN OF ALGOMA, WINNEBAGO COUNTY Notice is hereby given that on Wednesday, November 19, 2025 at 5:45 p.m., at the Algoma Town Hall, 15 N Oakwood Rd, Oshkosh, WI 54904, A PUBLIC HEARING on the PROPOSED 2026 BUDGET of the Town of Algoma will be held. The proposed budget in detail is available for inspection in the Town Office from 9:00 a.m. to 5:00 p.m Monday - Thursday, and 9:00 a.m. to 1:00 p.m. on Friday. The following is a summary of the proposed 2026 budget.