Town Board - Budget Workshop — Agenda

MEETING NOTICE Town of Spider Lake Budget Planning Workshop MeeƟng Town Hall, 10896W Town Hall Road Thursday October 8th 6-8 pm 6:00 - 8:00pm AGENDA 1. See aƩached workplan Town of Spider Lake is inviting you to a scheduled Zoom meeting. Topic: Budget Workshop Time: Oct 8, 2026 06:00 PM Central Time (US and Canada) Join Zoom Meeting https://us02web.zoom.us/j/86029002844? pwd=rtuxQKPLkHZkPrlLtuz7Qsfn9CYJG8.1 Join and take notes https://us02web.zoom.us/j/86029002844? pwd=rtuxQKPLkHZkPrlLtuz7Qsfn9CYJG8.1&mynotes=on Meeting chat link https://us02web.zoom.us/launch/jc/86029002844 Meeting ID: 860 2900 2844 Passcode: 563838 One tap mobile +13092053325,,86029002844#,,,,*563838# US +13126266799,,86029002844#,,,,*563838# US (Chicago) Join by SIP • 86029002844@zoomcrc.com Join instructions https://us02web.zoom.us/meetings/86029002844/invitations? signature=qYAe05IGGT2VdrioIJlA1VIS1uXJgx5yvLShxD2jOGI Town of Spider Lake 2027 Budget Planning Workshop Schedule All MeeƟngs are 6:00 - 8:00pm at Town Hall Meeting Date Area/Task September 24  Budget planning goals and timelines  Expense budget, first draft a) Legal b) Compensation c) Facilities d) Roads operations e) SLVFD f) PRC g) Lake Monitors h) IT  Revenue budget, first draft  Review tax levy worksheet from WI Dept of Revenue, if available  Projected year-end results  January 1 estimate of cash available for operations; discuss inclusion of SLVFD fund October 8  Finalize operating expenses  Finalize revenue budget including levy worksheet—projected request for November 19th  Capital outlay budget a) Plan and cost estimate for Roads construction projects b) Estimate of cost for new pickup truck and whether to include it for 2027 c) Estimate sale proceeds for old plow truck d) Other capital expense decisions, e.g. Town Hall roof, other) e) Create working list of capital expenditures for the next five years  Discussion of funding options to pay for capital outlays, including BCPL loan option October 15  Complete year end projection of revenue and expense, including estimated cash balance and cash carryover into next year  Decision as to amount and form of financing needed to fund capital outlay; including use of current funds, increase in tax levy, loan from BCPL or combination thereof.  Final draft of TOSL budget is completed with proposed levy November 4  Notice of November 19 public hearing on proposed budget and approval of proposed tax levy is posted and published in Sawyer County Record. A 15- day notice is required. November 19 Public hearing to present 2026 budget TOSL Board approval of 2026 budget