Annual Meeting Fin Rpt-YE-2023

ASSETS 2023 2022 2021 Cash and temporary cash investments 739,283 648,393 706,698 Advance tax collection 1,818,573 2,285,699 1,504,885 TOTAL ASSETS 2,557,856 2,934,092 2,211,583 LIABILITIES AND FUND BALANCES 2023 2022 2021 Liabilities 1,818,573 2,285,699 1,504,885 DESIGNATED FUND BALANCES 2023 2022 2021 Truck purchase 60,209 60,209 53,209 Ambulance services 0 0 0 Railroad crossings 23,325 23,718 33,437 Storm water drainage 0 0 0 Legal contingency 15,000 15,000 15,000 Reassessment 32,630 32,630 25,130 Fire Department Vehicle 337,471 237,471 174,971 Capital Improvements 110,488 122,050 147,202 Highway 356 0 996 Bridge replacement 150,158 150,158 141,158 Recreational development 0 0 0 Undesignated 9,646 7,157 115,595 TOTAL FUND BALANCE 739,283 648,393 706,698 TOTAL LIABILITIES AND FUND BALANCES 2,557,856 2,934,092 2,211,583 TOWN OF BLACK WOLF Annual Meeting April 16, 2024 4:00 p.m. Town Hall FFiinnaanncciiaall RReeppoorrtt Years ended December 31st - 2023, 2022, 2021 Reconciliation Receipts & Disbursements 2023 2022 2021 Cash on hand – Jan. 1 648,393 706,698 626,816 Revenue/other finance sources 911,038 868,776 851,713 Grand Total 1,559,431 1,575,474 1,478,529 Cash on hand – Dec. 31 739,283 648,393 706,698 Expenditures during year 820,148 927,081 771,831 Grand Total 1,559,431 1,575,474 1,478,529 Property Tax Levy 2023 2022 2021 State of Wisconsin 0 0 0 Winnebago County 1,689,606 1,639,811 Town of Black Wolf 303,575 303,574 Oshkosh Area School Dist. 3,580,090 3,166,239 Fox Valley Tech. College 306,274 303,937 Total Tax Distribution 5,879,545 5,413,561 Revenue Over Expenses 2023 2021 2020 Revenue Collected over Expenses Paid 90,890 (58,305) 79,882 Fund Balance JAN. 1 648,393 706,698 626,816 Fund Balance DEC. 31 739,283 648,393 706,698 EXPENSES PAID 2023 2022 2021 Town Board 33,905 29,375 Clerk 42,542 38,557 Elections 12,132 4,905 Treasurer 14,890 16,469 Outside accountant 4,830 4,515 Attorney 24,752 25,840 Assessor 16,889 16,700 Town office, payroll, supplies 14,146 29,592 Insurance 6,027 6,197 Fire protection 68,066 114,809 Ambulance service 17,618 6,604 Constable 5,985 5,309 Building Inspector 10,353 5,198 Town hall–bldg & grounds 19,399 29,892 Highway department 408,556 171,583 Bridge replacement - - Town garage - 472 Refuse collection 107,223 150,269 Recycling 73,570 79,374 Zoning 31,818 14,786 Stormwater 4,661 21,385 Railroad Crossing 9,719 - Social Security Tax - - Miscellaneous - - TOTAL EXPENSES PAID 771,831 735,280 REVENUE COLLECTED 2023 2022 2021 Property taxes 304,324 304,019 303,428 State shared revenues 34,313 34,313 34,581 State fire insurance 13,953 12,331 11,840 State highway aides 76,962 75,470 73,978 State recycling grant 1,357 4,778 4,794 State-local road improvement grant - - - Other state aid 145,000 129,523 133,761 Liquor/operators licenses 2,837 2,719 2,477 Cable TV franchise fee 14,864 13,340 13,130 Dog licenses 433 1,100 980 Building permits 15,000 9,000 9,075 Zoning permits 475 1,425 1,050 Culvert and grade permits 1,875 625 1,500 Refuse collection fees 201,989 235,068 231,788 Title search fees 920 1,280 1,280 Interest on investments 32,975 6,765 835 Land rent 19,442 37,020 18,435 Sale of assets - - - Other miscellaneous 3,185 - 8,781 TOTAL REVENUE COLLECTED 911,038 868,776 851,713