Town Board - Budget Workshop — Agenda

MEETING NOTICE Town of Spider Lake Budget Planning Workshop MeeƟng Town Hall, 10896W Town Hall Road Thursday September 24, 2026 6:00 - 8:00pm AGENDA 1. See aƩached workplan Town of Spider Lake is inviƟng you to a scheduled Zoom meeƟng. Topic: Budget Workshop Time: Sep 24, 2026 06:00 PM Central Time (US and Canada) Join Zoom MeeƟng hƩps://us02web.zoom.us/j/85410640724?pwd=X3Al7a2J9AkJz8kFQU9SnEHHDnwhbQ.1 MeeƟng chat link hƩps://us02web.zoom.us/launch/jc/85410640724 MeeƟng ID: 854 1064 0724 Passcode: 330380 One tap mobile +16469313860,,85410640724#,,,,*330380# US +19292056099,,85410640724#,,,,*330380# US (New York) Join by SIP • 85410640724@zoomcrc.com Join instrucƟons hƩps://us02web.zoom.us/meeƟngs/85410640724/invitaƟons?signature=UhSrF7- 9odQBaU8vT_Ad_QNVPi9ulifZijiivtuOqO4 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