Annual Meeting Fin Rpt-YE-2020 – corrected date

ASSETS 2020 2019 2018 Cash and temporary cash investments 626,816 599,943 623,654 Advance tax collection 2,251,628 2,393,903 2,245,779 TOTAL ASSETS 2,878,444 2,993,846 2,869,433 LIABILITIES AND FUND BALANCES 2020 2019 2018 Liabilities 2,251,628 2,393,903 2,245,779 DESIGNATED FUND BALANCES 2020 2019 2018 Truck purchase 53,209 48,709 118,709 Ambulance services 0 0 0 Railroad crossings 33,437 33,437 33,437 Storm water drainage 0 0 0 Legal contingency 15,000 15,000 10,000 Reassessment 25,130 25,130 10,000 Fire Department Vehicle 169,971 165,442 50,442 Capital Improvements 123,202 167,533 144,793 Highway 539 312 8,946 Bridge replacement 141,158 141,158 141,158 Recreational development 0 0 0 Undesignated 65,170 3,222 106,169 TOTAL FUND BALANCE 626,816 599,943 623,654 TOTAL LIABILITIES AND FUND BALANCES 2,878,444 2,993,846 2,869,433 TOWN OF BLACK WOLF Annual Meeting April 20, 2021 7:00 p.m. Town Hall FFiinnaanncciiaall RReeppoorrtt Years ended December 31st - 2020, 2019, 2018 Reconciliation Receipts & Disbursements 2020 2019 2018 Cash on hand – Jan. 1 599,943 623,654 648,821 Revenue/other finance sources 762,153 660,620 716,334 Grand Total 1,362,096 1,284,274 1,365,155 Cash on hand – Dec. 31 626,816 599,943 623,654 Expenditures during year 735,280 684,331 741,501 Grand Total 1,362,096 1,284,274 1,365,155 Property Tax Levy 2020 2019 2018 State of Wisconsin 0 0 0 Winnebago County 1,632,160 1,654,073 1,670,302 Town of Black Wolf 300,580 291,066 291,066 Oshkosh Area School Dist. 2,806,220 2,873,329 2,708,241 Fox Valley Tech. College 312,495 318,785 320,059 Total Tax Distribution 5,051,455 5,137,253 4,989,668 Revenue Over Expenses 2020 2019 2018 Revenue Collected over Expenses Paid 26,873 (23,711) (25,167) Fund Balance JAN. 1 599,943 623,654 648,821 Fund Balance DEC. 31 626,816 599,943 623,654 EXPENSES PAID 2020 2019 2018 Town Board 27,998 26,709 23,926 Clerk 38,334 34,099 36,397 Elections 24,724 2,550 5,124 Treasurer 14,637 13,013 11,863 Outside accountant 4,370 4,200 4,100 Attorney 7,610 14,738 3,805 Assessor 16,600 16,795 16,632 Town office, payroll, supplies 27,344 26,369 26,979 Insurance 5,055 8,354 11,024 Fire protection 25,274 65,625 116,596 Ambulance service - 3,543 3,471 Constable 5,685 5,246 4,184 Building Inspector 2,059 9,614 15,193 Town hall–bldg & grounds 46,179 18,965 20,857 Highway department 198,596 168,532 164,642 Bridge replacement - - - Town garage - 730 15,371 Refuse collection 160,720 158,171 156,797 Recycling 74,903 75,085 73,464 Zoning 15,839 15,651 14,151 Stormwater 30,431 6,242 6,936 Railroad Crossing - - - Social Security Tax 8,922 10,056 9,224 Miscellaneous - 44 765 TOTAL EXPENSES PAID 735,280 684,331 741,501 REVENUE COLLECTED 2020 2019 2018 Property taxes 302,208 257,675 307,570 State shared revenues 31,097 28,190 27,701 State fire insurance 11,746 11,843 10,519 State highway aides 74,004 67,274 67,274 State recycling grant 4,769 4,924 10,654 State-local road improvement grant - - - Other state aid 41,995 700 1,124 Liquor/operators licenses 2,772 2,539 2,530 Cable TV franchise fee 16,359 18,470 17,371 Dog licenses 827 1,647 1,369 Building permits 3,951 10,930 17,756 Zoning permits 650 1,375 1,146 Culvert and grade permits 625 1,095 760 Refuse collection fees 232,461 226,765 221,722 Title search fees 1,800 1,648 1,440 Interest on investments 5,350 8,150 8,642 Land rent 19,265 15,803 16,772 Sale of assets 9,000 - - Other miscellaneous 3,274 1,692 1,839 TOTAL REVENUE COLLECTED 762,153 660,620 716,334