Special Meeting of the Electors — Agenda packet

2025 2025 2026 Budget Estimated/ Amended Budget Proposed Budget % Change REVENUESGeneral Property Tax 341,127 339,640 343,457 Forest Crop/MFL Taxes 147,000 143,361 143,000 Intergovernmental Rev. 345,200 318,604 342,074 Licenses & Permits 22,500 28,360 22,500 Public Charges/Services 28,000 25,800 26,750 Lake Monitors 33,000 37,609 37,000 Misc. 4,000 24,935 12,500 Sub-total Revenues 920,827 918,309 927,281 0.98% Applied Surplus Carryover 14,158 1,381 Unallocated Surplus (23,781) 75,666 Contingency Reserve - Plow/Dump Truck #2 160,000 BCPL Financing 200,000 Chippewa Valley Bank Financing (Truck) Total Revenues & Surplus 911,204 1,078,309 1,204,328 11.69% EXPENDITURESGeneral Government 237,175 216,429 219,200 Public Safety 62,312 49,964 59,375 Public Works 318,744 322,281 341,580 Conservation & Development 39,700 37,667 41,900 Lake Monitors 33,000 33,752 37,000 Total Operating Expenses 690,931 660,093 699,055 5.90% Public Works - Road Construction Projects 155,000 115,000 203,000 Debt Service (Truck #1) - Chippewa Valley Bank 15,848 78,348 15,848 Debt Service (Bldg) BCPL 49,425 49,425 49,425 Capital Purchases Other (5,419) Capital Purchases Plow/Dump Truck #2 171,376 130,000 Capital Purchase Tractor Blower 8,000 Capital Purchase F450 Pickup Replacement (cost less trade in) 100,000 Pavillion rebuild grant match 7,000 Bank Fees 105 Total Expenditures 911,204 1,076,928 1,204,328 11.83% Excess of Revenues over (under) 0 1,381 0 Fund Balances Reserve Fund (EMS Training Grant) 13,874 Reserve Fund (Holding Tanks) 5,000 Reserve Fund (Ghost Lake Dam) 2,000 2,000 2,000 Capital Reserve/Contingency 160,000 160,000 Total Town Indebtedness as of 12-31-2025 597,474 Proposed Town Levy for 2025: 341,127 339,640 343,457 1.12% NOTICE IS HEREBY GIVEN that the Town of Spider Lake will hold a Public Hearing on the Proposed Budget for the year 2026. on Thursday November 20th, 2025 at 6 pm at the Town Hall, 10896W Town Hall Rd. A detailed budget is available for inspection from the Town Clerk 715-462-3977. The following is a summary of the Proposed 2026 Budget: TOWN OF SPIDER LAKE, SAWYER COUNTY WI BUDGET HEARING NOTICE FOR 2026