Finance/Personnel Committee Special Meeting — Agenda Packet

Administrative Offices Municipal Building - 138 East Main Street Mount Horeb, Wisconsin 53572 608.437.6884 | mounthorebwi.info Finance and Personnel Committee Agenda Wednesday, October 14, 2026 at 5:00 PM Municipal Building Board Room 138 E. Main Street Mount Horeb, WI 1) Call to order 2) Roll Call 3) Public Participation Participants may speak for up to three minutes. To participate, please complete a public comment form at the Board Room entrance and submit it to staff before the meeting begins. See below for more details. 4) Chair's Report 5) Staff Reports 6) Agenda Items a. Consider approval of the 2027 General Fund and Special Revenue Fund Budgets b. Consider approval of the 2027 TID and Enterprise Budgets 7) Adjournment *Public Comment Policy Members of the public are invited to speak at meetings of all Mount Horeb Public Bodies. To comment, please complete a Public Comment Form at the Meeting Room entrance and submit it to staff before the meeting begins. Comments are limited to three minutes, must be made from the podium, and the speaker must return to the audience after speaking. • Non-agenda item comments are heard at the start of the meeting. Public Body members and staff will not engage in discussion during public comment but may consider topics for future agendas. • Agenda item comments are heard during the relevant item, after the proposers or staff present the item and before Public Body discussion. All public comments on the item will be heard before any discussion by the Public Body. Members of the public will only be allowed to speak outside these public comment times if they are invited by the meeting chair to share additional information requested by the Public Body. If so invited to speak, the member of the public must do so from the podium. Written comments are also welcome. Written comments shall include the name and address of the submitter and should be submitted to the Deputy Treasurer/Governance Coordinator by email at niki.erickson@mounthorebwi.info (subject line: Public Comment Request-Name of Public Body) or delivered by to the Village at: 138 E Main Street, Mount Horeb WI, 53572, ATTN Public Comment Request-Name of Public Body. UPON REASONABLE NOTICE, EFFORTS WILL BE MADE TO ACCOMMODATE THE NEEDS OF DISABLED Page 1 of 74 INDIVIDUALS THROUGH APPROPRIATE AIDS AND SERVICES. FOR INFORMATION OR TO REQUEST THIS SERVICE, CONTACT ALYSSA GAFFNEY, CLERK, AT 138 E MAIN STREET, MOUNT HOREB, WI (608) 437-9404. Page 2 of 74 Agenda Item Report Finance/Personnel Committee: Wednesday, October 14, 2026 Agenda Items: Consider approval of the 2027 General Fund and Special Revenue Fund Budgets Recommendation Background Financial Impact Attachments Prepared By 1. FY 2027 Budget Workshop #2 2. Budget Document Page 3 of 74 2027 Operating Budget & Capital Budget Budget Workshop #2: Initial Governmental Operating October 14 , 2026 | Finance and Personnel Committee Meetingth Page 4 of 74 Tonight’s Agenda Introduction to Municipal Budgeting 2026 Budget Highlights 2027 Budget Overview Initial Operating Revenues Initial Operating Expenditures Special Revenue Funds 2 Page 5 of 74 Financial Managment Planning The operating budget is based on strategic management principles, which allows the Village and Baird to utilize data-driven decision making to help us accomplish our goal of providing efficient and effective community based services. Benefits of Financial Planning Conduct five-year financial planning models through the FMP process. Preserve capacity to respond to future needs and meet quality of life needs. Invest in and plan for the future. Ability to prioritize public safety, parks and recreation, infrastructure, and employee retention. Major Financial Indicators Debt Average Annual Growth Undesignated Fund Balances 3 Page 6 of 74 Budget Schedule Close out PY financials Review current-year budget performance Identify major financial pressures and emerging needs Begin CIP Development Est. preliminary budget priorities and assumptions Plan Quarter 1 Build Quarter 2 Refine Quarter 3 Approve Quarter4 Review revenue trends and projected revenues Departments identify operational needs and priorities Develop initial CIP recommendations Update multi-year financial projections F&P and Board approve CIP Departments submit budget requests Administration reviews requests and provides recommendations Develop preliminary budget Present proposed budget to F&P and Board Public Hearing Adopt final budget and property tax levy 4 Page 7 of 74 Budget Challenges Resident’s Financial Capacity Inflationary Pressures 5 Levy Limits Health Insurance Costs Infrastructure Costs Fleet / Equipment Costs Page 8 of 74 2026 Budget Overview Page 9 of 74 FY 2026 GF Budget Highlights - YTD Revenues Revenues Budget Year-to-Date % to Budget Projected Taxes 7,541,245 7,150,106 95% 7,541,245 Intergovernmental Aid 1,100,400 598,765 54% 1,100,400 License & Permits 149,857 291,959 194% 317,435 Fines & Forfeitures 30,500 32,198 105% 33,255 Public Charges for Service 893,972 704,496 78% 945,420 Miscellaneous Revenue 190,041 209,853 110% 253,291 Other Financing Sources 28,800 - - 28,000 Total $9,934,815 $8,987,377 90% $10,219,846 7 Page 10 of 74 FY 2026 GF Budget Highlights - YTD Expenditures Revenues Budget Year-to-Date % to Budget Projected General Government 1,082,234 857,089 79% 1,081,464 Public Safety 3,487,711 3,025,142 87% 3,718,711 Public Works 1,433,628 1,000,202 70% 1,433,628 Culture, Rec. & Education 598,309 516,439 86% 534,401 Conservation & Development 124,565 90,536 73% 124,565 Other Expenditures 3,978,316 3,609,391 91% 3,978,316 Total 10,704,763 9,135,569 85% 10,871,085 8 Projected Net Income / (Use of Fund Balance) = (651,239) Projected Remaining Undesignated Fund Balance = 142,101 Page 11 of 74 General Fund - Fund Balance Results 9 2024 2025 Pr ojected 2026 0 0.5M 1.0M 1.5M 2.0M Unassigned Assigned Committed Restricted Nonspendable 1 4 2 , 1 0 1 1 2 9 , 0 1 2 8 5 , 9 3 7 8 5 , 9 3 7 1 , 4 0 1 , 0 9 9 9 6 8 , 3 5 0 9 6 8 , 3 5 0 Page 12 of 74 General Fund - Fund Balance Trends 10 Gener al F und Actual P olicy Minimum P olicy Maximum Ref er ence - Median 2021 2022 2023 2024 2025 2026 0 5 10 15 20 25 30 35 21.5% 0.0% 0.0% 0.0% 7.5% 30.85% 30.39% 29.41% 30.90% 30.59% 30.28% 4.0% Page 13 of 74 2027 Budget Overview Page 14 of 74 Tax Bill Impact (Home Value: Static) 12 2026 Assessed Values 2026 Village Taxes 2027 Village Taxes $ Change $200,000 1,170 1,158 (12) $250,000 1,463 1,448 (14) $300,000 1,755 1,734 (17) $350,000 2,048 2,027 (20) $400,000 2,340 2,317 (23) $450,000 2,633 2,607 (26) Village Mill Rate $5.85 $5.79 ($0.06) Mill rates are a type of levy set by local goverments every year to calculate property taxes. A single mill is equal to one dollar of tax for every 1,000 dollars of a property’s assessed value. If a home has an assessed value of $200,000 dollars, we would divide that number by 1,000 (to get 200) and multiply that number by the mill rate to get the annual property tax bill. Page 15 of 74 Tax Bill Impact (Home Value: 4% Increase) 13 2026 Assessed Values 2026 Village Taxes 2027 Assessed Value 2027 Village Taxes $ Change $200,000 1,170 $208,000 1,204 34 $250,000 1,462 $260,000 1,505 43 $300,000 1,755 $312,000 1,806 51 $350,000 2,048 $364,000 2,107 59 $400,000 2,340 $416,000 2,408 68 $450,000 2,633 $468,000 2,709 76 $5.85 $5.79 ($0.06) Page 16 of 74 Tax Rate Trends 14 Y ears (R epr esen ts Collection Y ear) 22 (' 23) 23 (' 2 4) 2 4 (' 25) 25 (' 26) 26 (' 27) 0 1 2 3 4 5 6 5.95 5.22 4.96 5.85 5.79 Page 17 of 74 2027 Initial Operating Revenues Page 18 of 74 Tax Levy Summary Revenues 2025 Actual 2026 Budget 2027 Budget % Change General Fund 3,121,843 3,050,896 3,417,126 12% Swimming Pool Fund 42,000 42,000 110,927 152% Outreach/Nutrition Fund 50,568 52,237 53,961 3% Library Fund 530,057 535,057 552,279 3% Employee Retirement Ins. Fund 40,000 30,000 - -100% Revolving Loan Fund - - - - Capital Projects Fund 213,999 300,000 - -100% General Debt Service Fund 1,701,771 2,957,485 3,174,439 7% TID Debt Service Fund 55,620 54,540 - -100% Total 5,755,858 7,022,489 7,308,371 4% 16 Page 19 of 74 General Fund Snapshot - Revenues 17 Revenues 2026 Budget 2027 Budget $ Change % Change Taxes 7,541,245 7,831,743 290,498 4% Intergovernmental Aid 1,100,400 1,216,184 115,784 11% License & Permits 149,857 197,492 47,635 32% Fines & Forfeitures 30,500 37,500 7,000 23% Public Charges for Service 893,972 1,390,145 496,173 56% Miscellaneous Revenue 190,041 221,691 31,650 17% Other Financing Sources 28,800 28,800 - - Total $9,934,815 $10,923,555 $988,740 10% Page 20 of 74 General Fund Snapshot - Revenues 18 T a x e s C h a r g e s f o r S e r v i c e I n t e r g o v e r n m e n t a l A i d M i s c . R e v e n u e L i c e n s e s P e r m i t s F i n e s & F o r f e i t u r e s O t h e r 0 2 0 4 0 6 0 8 0 72% 13% 11% 2% 2% 0.3% 0.3% Page 21 of 74 Expenditure Restraint Incentive Program (ERIP) To recieve unrestricted aid payments, municipalities must limit the growth in their budgets to a percentage determined through a statutory formula. To qualify, municipalities must: 1.Have a municipal property tax rate of at least five mills. 2.The municipal general fund budget has not increased over the prior year’s budget by more than an inflation factor plus a valuation factor based on growth in municipal property values. FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 69,839 69,839 - 90,583 ? 19 Page 22 of 74 Special Charge: Fire Protection 20 2026 2027 $ Change % Change 2,500 sq. ft. - - - - 3,000 sq. ft - - - - 3,500 sq. ft - - - - 4,000 sq. ft - - - - Total Cost: 542,706 Levy Portion: 100% (542,706) Special Charge Portion: 0% Page 23 of 74 Special Charge: Urban Forestry 21 2026 2027 $ Change % Change Per Lot - 46.71 46.71 - Total Cost: 162,745 Levy Portion: 15% (24,411) Special Charge Portion: 85% (138,334) Page 24 of 74 Special Charge: Snow and Ice Removal 22 2026 2027 $ Change % Change Per Lot - 39.45 39.45 - Total Cost: 146,018 Levy Portion: 20% (29,204) Special Charge Portion: 80% (116,814) Page 25 of 74 Vehicle Registration Fee 23 Plate Type # Registered $10 Fee $20 Fee $30 Fee $40 Fee $50 Fee ACY 1 10.00 20.00 30.00 40.00 50.00 AUT 5,528 52,280 110,560 165,840 221,120 276,400 LTK 1,241 12,410 24,820 37,230 49,640 62,050 Gross Revenue 6,770 67,700 135,400 203,100 270,800 338,500 WisDOT (203) (203) (203) (203) (203) Net Potential $67,497 $135,197 $202,897 $270,597 $338,297 Wisconsin Law allows a town, village, city or county to collect an annual municipal registration (wheel tax) in addition to the regular annual registration fee paid for a vehicle. WisDOT keeps 3 cents per vehicle. Madison ($40) | Oregon ($40) | Sun Prairie ($30) | Fitchburg ($40) | Dane County ($40) Numbers below are based on 01/01/2026 registrations in Mount Horeb. Page 26 of 74 Other Revenue Sources Annual review of all licenses, permits, application fees Raising Vehicle Registration Fee to $40 Development of a stormwater utility 24 Page 27 of 74 2027 Initial Operating Expenditures Page 28 of 74 General Fund Snapshot - Expenditures 26 Revenues 2026 Budget 2027 Budget $ Change % Change General Government 1,082,234 1,029,659 (52,575) -5% Public Safety 3,487,711 3,729,645 241,934 7% Public Works 1,433,628 1,316,738 (116,890) -8% Culture, Rec. & Education 598,309 680,237 81,928 52% Conservation & Development 124,565 275,670 151,105 154% Other Financing Sources 3,978,316 3,891,605 (86,711) -2% Total $10,704,763 $10,923,555 $218,792 2% Page 29 of 74 Tax Levy Snapshot - Expenditures T r a n s f e r P u b l i c S a f e t y P u b l i c W o r k s G e n e r a l G o v e r n m e n t C u l t u r e , R e c . & E d u c a t i o n C o n s e r v a t i o n & D e v e l o p m e n t 0 1 0 2 0 3 0 4 0 27 36% 34% 12% 9% 6% 3% Page 30 of 74 General Fund Snapshot - Expenditures P e r s o n n e l C o n t r a c t e d S e r v i c e s O p e r a t i o n s P r o f e s s i o n a l D e v e l o p m e n t 0 1 0 2 0 3 0 4 0 5 0 6 0 28 57% 34% 8% 16% 1% *Does not include transfer to other funds Page 31 of 74 General Fund Snapshot - Expenditures 29 16% 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 55% 54% 58% 57% -1% Operations 9% 9% 8% 8% - Contractual Services 36% 36% 33% 34% 1% Professional Development 0% 1% 1% 1% - 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 3,549,489 3,596,456 3,903,236 3,981,176 77,940 Operations 560,546 576,635 548,935 574,332 25,398 Contractual Services 2,310,028 2,392,130 2,222,831 2,420,190 197,359 Professional Development 21,751 48,832 51,445 54,251 2,806 Page 32 of 74 Major 2027 Projects D e v e l o p m e n t o f a l o n g - t e r m S t r a t e g i c P l a n C o n d u c t a C o m p e n s a t i o n S t u d y a n d u p d a t e c o m p e n s a t i o n R e w r i t e P e r s o n n e l H a n d b o o k U p d a t e t h e C o m p r e h e n s i v e O u t d o o r R e c r e a t i o n P l a n L u k k e n F a r m s D e v e l o p m e n t R e c r e a t i o n C o m p l e x D e v e l o p m e n t S t r e e t R e c o n s t r u c t i o n P r o j e c t s 30 Page 33 of 74 Personnel C o s t - o f - l i v i n g a d j u s t m e n t : 3 . 7 5 % F e d e r a l C O L A : 3 . 5 % - 3 . 6 % H e a l t h I n s u r a n c e C o s t s : I n c r e a s e d 1 1 % 31 2024 Budget 2025 Budget 2026 Budget 2027 Budget Difference Salaries 4,374,903 4,650,511 4,723,423 5,350,206 626,782 Benefits 1,953,093 2,016,116 2,021,583 1,921,918 (99,666) Total 6,327,996 6,666,627 6,745,007 7,272,123 527,117 Page 34 of 74 FTE Changes C o m m u n i t y D e v e l o p m e n t D i r e c t o r ( N e w P o s i t i o n ) F T E : 0 . 5 0 | S t a r t : 0 7 / 0 1 / 2 0 2 6 | B u d g e t I m p a c t : $ 8 0 , 3 0 0 | G F 4 0 % , T I D 3 5 % , U t i l i t i e s 2 5 % P o l i c e S e r g e a n t ( N e w P o s i t i o n ) F T E : 0 . 0 0 | S t a r t : 0 7 / 0 1 / 2 0 2 6 | B u d g e t I m p a c t : $ 6 - 8 k | G F 1 0 0 % M e c h a n i c ( P o s i t i o n C h a n g e ) F T E : 0 . 0 0 | G F 2 5 , U t i l i t i e s 2 5 % e a c h P u b l i c S e r v i c e s C r e w p e r s o n ( N e w P o s i t i o n ) F T E : 0 . 7 5 | S t a r t : 0 4 / 0 1 / 2 0 2 6 | B u d g e t I m p a c t : $ 7 5 , 0 0 0 | G F 8 9 % , S F 1 1 % M a n a g e m e n t I n t e r n ( N e w P o s i t i o n ) F T E : 0 . 3 5 | T i m e f r a m e : M a y - A u g u s t | B u d g e t I m p a c t : $ 1 5 , 5 0 0 | G F 1 0 0 % Y o u t h A p p r e n t i c e ( N e w P o s i t i o n ) F T E : 0 . 2 0 | P o s i t i o n : T B D | B u d g e t I m p a c t : $ 7 , 3 0 0 | G F 1 0 0 % E l i m i n a t e d m o r n i n g c r o s s i n g g u a r d a n d m e r g e d w i t h C o m m u n i t y S e r v i c e s O f f i c e r 32 Page 35 of 74 General Fund Snapshot - Expenditures 33 General Government 2026 Budget 2027 Budget $ Change % Change Village Board 35,928 32,502 (3,426) -10% Administration 104,435 101,120 (3,315) -3% Attorney 63,500 63,500 - - Assessing 20,150 30,150 10,000 50% Village Clerk 162,390 130,267 (32,123) -20% Human Resources 5,458 72,480 67,022 1228% Finance 448,272 339,333 (108,939) -24% Information Technology 50,230 97,718 47,488 95% Municipal Court 46,522 36,125 (10,397) -22% Building Maintenance 145,350 126,465 (18,885) -13% Page 36 of 74 General Fund Snapshot - Expenditures 34 Public Safety 2026 Budget 2027 Budget $ Change % Change Police 2,612,986 2,745,960 132,973 5% Fire 807,447 877,435 69,988 9% Emergency Management 20,878 19,000 (1,878) -9% Inspections 46,400 87,250 40,850 88% Page 37 of 74 General Fund Snapshot - Expenditures 35 Public Works 2026 Budget 2027 Budget $ Change % Change Public Services Admin. 131,069 86,414 (44,655) -34% Engineering 2,000 12,340 10,340 517% Streets 333,173 232,560 (100,613) -30% Snow and Ice Removal 171,858 146,018 (25,840) -15% Traffic Control 19,423 13,642 (5,781) -30% Street Lighting 127,345 137,050 9,705 8% Stormwater Management 19,035 32,709 13,674 72% Refuse and Recycling 629,726 656,006 26,280 4% Page 38 of 74 General Fund Snapshot - Expenditures 36 Culture, Rec. & Education 2026 Budget 2027 Budget $ Change % Change Parks 235,393 345,228 109,836 47% Recreation Administration 217,288 107,630 (109,658) -50% Recreation Programming 145,629 227,378 81,750 56% Page 39 of 74 General Fund Snapshot - Expenditures 37 Conservation & Development 2026 Budget 2027 Budget $ Change % Change Community Development - 85,374 85,374 - Forestry 107,65 162,745 55,851 52% Planning 10,000 20,000 10,000 100% Economic Development 7,400 7,550 150 2% Page 40 of 74 2027 Initial Operating Special Revenue Funds Page 41 of 74 Special Revenue Funds 39 Revenues Expenditures Fund Balance % Change Park Development 255,000 255,000 813,333 126% Terrace Trees 21,502 21,502 62,145 4% Swimming Pool 218,413 218,413 (87,550) 22% Future Streets 108,660 108,660 - 100% Cable Programming 53,353 53,353 22,089 6% Senior Center 307,243 273,448 388,081 17% Page 42 of 74 Special Revenue Funds 40 Revenues Expenditures Fund Balance % Change Library 877,646 877,646 122,156 3% Library Special Projects 10,793 9,207 39,093 56% Employee Retirement Ins. 41,250 41,250 342,609 10% Tourism Promotion 144,000 144,000 30,672 0% Revolving Loan 61,777 37,677 253,704 (34%) Page 43 of 74 Wednesday, Oct. 29 - Budget Public Hearing Postedth Wednesday, Nov. 4 - Board Budget Presentationth Next Steps Wednesday, Oct. 21 - Meeting if Neededst Wednesday, Nov. 18 - Public Hearing & Adoptionth 41 Page 44 of 74 Thank you Denise Schwenn, Finance Director Gabe Altenbernd, Village Administrator Page 45 of 74 FY 2027 Operating & Capital Budget 1 12/31/2023 12/31/2024 12/31/2025 2026 12/31/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Revenues Taxes 100-411100-000 PROPERTY TAXES-GENERAL FUND 2,995,706 3,022,228 3,121,843 3,050,896 3,507,753 3,050,896 3,387,922 337,026 11% 100-411110-000 PROPERTY TAXES-OTHER FUNDS 2,524,627 2,636,211 2,634,015 3,978,316 3,609,391 3,978,316 3,891,605 (86,711) -2% 100-412200-000 SALES TAX DISCOUNT 40 90 (4) 50 339 50 50 - 0% 100-413100-000 PAYMENTS IN LIEU OF TAXES-UTIL 430,301 474,933 538,391 474,933 - 474,933 484,432 9,499 2% 100-413200-000 TAXES FROM TAX EXEMPT ENTITIES 39,613 30,512 22,649 37,000 32,624 37,000 38,480 1,480 4% 100-418000-000 INTEREST ON TAXES 478 50 18 50 - 50 50 - 0% Total Taxes 5,990,766 6,164,025 6,316,913 7,541,245 7,150,106 7,541,245 7,802,540 261,295 3% Intergovernmental Aid 100-434100-000 STATE SHARED REVENUES 273,988 379,796 387,293 398,550 53,323 398,550 405,338 6,788 - 100-434150-000 STATE SHARED REV-EXPEND RESTRAINT - 69,839 69,839 - - - 90,583 90,583 #DIV/0! 100-434200-000 STATE FIRE INSURANCE 37,631 43,796 48,851 55,860 50,553 55,860 63,680 7,820 14% 100-434300-000 STATE EXEMPT COMPUTER AID 2,870 2,870 2,870 2,870 2,870 2,870 2,870 - 0% 100-434400-000 STATE PPT AID 5,666 5,666 17,607 17,607 17,607 17,607 17,607 - 0% 100-435210-000 STATE GRANT - LAW ENFORCEMENT 29,315 9,352 7,866 2,000 - 2,000 2,000 - 0% 100-435300-000 STATE GRANT - TRANSPORTATION 506,778 601,118 618,309 598,644 598,290 598,644 608,437 9,793 2% 100-435400-000 STATE GRANT - RECYCLING 17,814 17,839 17,827 17,000 17,827 17,000 17,800 800 5% 100-435500-000 STATE GRANT - PANDEMIC RELIEF - - - - - - - - - 100-436200-000 STATE PAYMENT IN LIEU OF TAXES 269 269 269 269 269 269 269 - 0% 100-437900-000 SHARED REV MEDICAL ASSIST PROG 5,513 7,600 7,600 7,600 7,600 7,600 7,600 - 0% Total Intergovernmental Aid 879,841$ 1,138,144 1,178,331 1,100,400 748,338 1,100,400 1,216,184 115,784 11% Licenses & Permits 100-441100-000 LIQUOR & MALT BEVERAGE LICENSE 9,515 18,450 8,648 10,000 8,910 10,000 10,000 - 0% 100-441210-000 OPERATOR LICENSES 1,780 1,410 2,145 3,000 1,095 3,000 3,000 - 0% 100-441220-000 CIGARETTE LICENSES 200 225 225 175 200 175 350 175 100% 100-441250-000 CATV FRANCHISE FEE (35%) 23,308 21,782 19,466 30,682 14,061 30,682 31,142 460 1% 100-442110-000 BICYCLE LICENSES - - 4 - - - - - #DIV/0! 100-442120-000 DOG & CAT LICENSES-VILL SHARE 3,010 2,426 4,670 4,000 4,048 4,000 4,000 - 0% 100-443100-000 BUILDING PERMITS 72,880 66,308 109,568 82,000 254,030 254,030 125,000 43,000 52% 100-444000-000 ZONING PERMITS & FEES 1,530 4,150 4,700 4,000 4,550 4,550 6,000 2,000 50% 100-445000-000 EROSION CONTROL FEES 5,750 3,300 4,500 7,000 5,100 7,000 7,000 - 0% 100-449000-000 OTHER REGULATORY PERMITS & FEE 9,934 8,089 10,269 9,000 10,082 10,082 11,000 2,000 22% Total Licenses & Permits 127,907$ 126,139$ 164,194$ 149,857$ 302,076$ 323,519$ 197,492$ 47,635 32% Fines & Forfeitures 100-451100-000 COURT PENALTIES & COSTS 22,732 18,544 23,121 23,000 27,560 27,560 29,000 6,000 26% 100-451300-000 PARKING VIOLATIONS 7,966 7,890 6,991 7,500 6,878 7,500 8,500 1,000 13% Total Fines & Forfeitures 30,698$ 26,435 30,112 30,500 34,438 35,060 37,500 7,000 23% Comprehensive Financial Overview: Revenues Comprehensive Financial Overview: Revenues Comprehensive Financial Overview: Revenues Page 46 of 74 FY 2027 Operating & Capital Budget 2 12/31/2023 12/31/2024 12/31/2025 2026 12/31/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Public Charges for Service 100-461100-000 TITLE FEES/OTHER GEN GOV (NT) 3,755 4,140 3,570 5,000 3,510 5,000 5,000 - 0% 100-461200-000 LICENSE PUBLICATION FEES (NT) - - - 150 - 150 150 - 0% 100-461300-000 SALE OF MAT. & SUPPLIES (TAX) - - - - - - - - #DIV/0! 100-462100-000 LAW ENFORCE. FEES FOR SERVICES 315 2,089 3,422 1,000 13 1,000 1,500 500 50% 100-464200-000 RECYCLING & GARBAGE INCOME 482,895 566,290 554,624 567,472 371,042 567,472 581,659 14,187 3% 100-467200-000 PARK SHELTER FEES (TAX) 5,711 9,272 3,050 6,500 7,424 6,500 7,000 500 8% 100-467210-000 BALL FIELD FEES (TAX) 758 758 711 800 853 800 800 - 0% 100-467215-000 BALL FIELD FEES-YOUTH ORG (NT) - - - - - - - - #DIV/0! 100-467340-000 SWIMMING POOL (TAX) - - - - - - - - #DIV/0! 100-467410-000 RECREATION PROGRAM (TAX) 10,742 10,767 9,597 10,000 8,426 10,000 10,000 - 0% 100-467415-000 RECREATION PROG (NT) 235,503 211,559 211,715 235,000 198,758 235,000 235,000 - 0% 100-467417-000 RECREATION PROG SURCHARGE REV (NT) - - - - 2,740 - - - #DIV/0! 100-467418-000 WPRA TICKET PROGRAM REV (NT) 8,430 9,576 10,553 9,000 14,075 14,075 14,000 5,000 56% 100-467430-000 COMMUNITY CENTER (NT) - - - - - - - - #DIV/0! 100-467435-000 COMMUNITY CENTER-PRIVATE(TAX) - - - 350 892 350 350 - 0% 100-467844-000 VENDING MACHINE COMMISSION(NT) 888 623 - 700 - 700 700 - 0% 100-467847-000 RECREATION SPONSORSHIP REVENUE 2,890 2,000 1,525 3,000 1,075 3,000 3,000 - 0% 100-468100-000 URBAN FORESTRY SPECIAL CHARGE REVENUE - - - - - - 138,334 138,334 0% 100-468200-000 FIRE PROTECTION SPECIAL CHARGE REVENUE - - - - - - - - 0% 100-468300-000 SNOW & ICE REMOVAL SPECIAL CHARGE REVEN - - - - - - 116,814 116,814 0% 100-468400-000 TRANSPORTATION/WHEEL TAX REVENUE - - - - - - 202,897 202,897 0% 100-469000-000 MISCELLANEOUS REVENUE 51,236 65,095 41,949 55,000 104,484 104,484 72,941 17,941 33% Total Public Charges for Service 803,124$ 882,169$ 840,716$ 893,972$ 713,292$ 948,531$ 1,390,145$ 496,173$ 56% Miscellaneous Revenues 100-470000-000 INTERGOVERN. CHARGES-SERVICES 55,710 61,686 31,167 63,537 32,267 63,537 65,443 1,906 3% 100-481100-000 INVESTMENT INTEREST 154,183 33,282 95,463 70,000 67,501 67,501 75,000 5,000 7% 100-481101-000 CAPITAL LEASE REV-INTEREST 548 415 280 500 280 500 500 - 0% 100-481200-000 MARKET ADJUSTMENT-INVESTMENT - - - - - - - - #DIV/0! 100-481500-000 LANDMARKS FOUNDATION INTEREST - - - - - - - - #DIV/0! 100-482500-000 NORSK GOLF PROPERTY LEASE 7,285 9,009 7,866 8,400 6,496 8,400 8,400 - 0% 100-482900-000 RENT-MUNICIPAL BUILDINGS 33,804 33,804 73,732 33,804 51,501 51,501 53,012 19,208 57% 100-483000-000 PROPERTY & EQUIPMENT SALES - - - - 500 - - - #DIV/0! 100-484000-000 COMPENSATION-FIXED ASSET LOSS - - - 1,500 - 1,500 1,500 - 0% 100-485000-000 CONTRIBUTIONS-ORG & INDIVIDUAL - 7,500 1,050 10,000 2,000 10,000 3,517 (6,483) -65% 100-485100-000 REC DEPT CONTRIBUTIONS 145 1,541 723 - 255 - 840 840 #DIV/0! 100-485500-000 CONTRIBUTIONS-K9 PROGRAM 2,803 1,401 48,265 1,000 36,508 36,508 5,679 4,679 468% 100-485610-000 CONTRIBUTIONS-ORG & INDIV-POLICE DEPT - - 9,216 - 7,376 7,376 6,500 6,500 #DIV/0! 100-489000-000 REFUND OF PRIOR YEARS EXPENSE 3,483 478 - 1,300 - 1,300 1,300 - 0% Total Miscellaneous Revenues 257,961$ 149,115$ 267,762$ 190,041$ 204,685$ 248,123$ 221,691$ 31,650$ 17% Other Financing Sources 100-491300-000 LANDMARKS CONTRACT PAYMENT - - - - - - - - #DIV/0! 100-492200-000 TRANSFER FROM OTHER FUNDS 7,507 3,879 2,113 28,800 - 28,800 28,800 - 0% Total Other Financing Sources 7,507$ 3,879$ 2,113$ 28,800$ -$ 28,800$ 28,800$ -$ 0% Total Revenues 8,097,804$ 8,489,906$ 8,800,140$ 9,934,815$ 9,152,934$ 10,225,678$ 10,923,555$ 988,740$ 10% Comprehensive Financial Overview: Revenues Page 47 of 74 FY 2027 Operating & Capital Budget 3 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change General Government Village Board Salaries 22,000 22,076 22,000 22,000 11,000 22,000 22,000 - 0% Taxes and Benefits 1,683 1,689 1,683 1,683 842 1,683 1,683 - 0% Pubs, Subs & Dues 275 7,108 10,123 10,445 13,834 10,445 8,219 (2,226) -21% Training & Travel 103 160 - 800 120 800 350 (450) -110% General Operations 1,434 752 13,214 1,000 36 1,000 250 (750) -75% Total Expenditures 25,495$ 31,786$ 47,020$ 35,928$ 25,832$ 35,928$ 32,502$ (3,426)$ -10% Village Administrator Salaries 19 59,357 61,718 62,517 38,708 62,517 73,053 10,536 17% Taxes and Benefits 23,639 31,249 33,824 34,668 12,104 34,668 21,384 (13,283) #DIV/0! Pubs, Subs & Dues 1,104 339 395 1,000 352 1,000 1,725 725 73% Training & Travel 1,381 1,483 3,917 3,250 - 3,250 4,357 1,107 39% General Operations 7,942 27,480 30,826 3,000 7,522 3,000 600 (2,400) -80% Total Expenditures 95,403$ 120,440$ 130,862$ 104,435$ 58,685$ 104,435$ 101,120$ (3,315)$ -3% Village Attorney General Municipal 33,643 28,507 22,362 30,000 11,531 30,000 30,000 - 0% Prosecutting Attorney 41,362 23,354 11,607 33,500 29,637 33,500 33,500 - 0% Total Expenditures 75,005$ 51,861$ 33,968$ 63,500$ 41,168$ 63,500$ 63,500$ -$ 0% Assessing Contractual Services 20,030 19,985 20,002 20,000 16,500 20,000 30,000 10,000 50% Publications 148 113 122 150 - 150 150 - 0% Total Expenditures 20,178$ 20,098$ 20,123$ 20,150$ 16,500$ 20,150$ 30,150$ 10,000$ 50% Village Clerk Salaries 68,661 75,158 80,158 82,294 40,391 82,294 51,203 (31,091) -136% Taxes and Benefits 28,009 28,804 30,446 33,549 16,295 33,549 29,771 (3,778) #DIV/0! Pubs, Subs & Dues 65 215 130 130 130 130 130 - 0% Training & Travel 1,758 848 868 1,900 335 1,900 1,445 (455) -45% Elections - Salaries & Benefits 10,479 16,440 10,677 21,746 8,049 21,746 33,643 11,897 #DIV/0! Elections - Operations 9,296 10,432 6,765 11,446 7,521 11,446 6,000 (5,446) #DIV/0! Other Office Expenditures 7,962 5,690 6,521 9,825 2,900 9,075 6,575 (3,250) -33% General Operations 1,195 1,515 1,086 1,500 1,655 1,500 1,500 - #DIV/0! Total Expenditures 127,425$ 139,102$ 136,650$ 162,390$ 77,276$ 161,640$ 130,267$ (32,123)$ -20% Human Resources Salaries 177 225 1,194 2,250 691 2,250 49,353 47,103 0% Taxes and Benefits - - - - 56,096 52,287 7,433 (47,103) 0% Pubs, Subs & Dues - - - - - - 150 840 #DIV/0! Training & Travel - - - - 1,725 1,725 1,725 - 0% General Operations 2,044 4,323 799 3,208 21,975 3,208 13,818 10,760 #REF! Total Expenditures 2,221$ 4,549$ 1,993$ 5,458$ 22,666$ 5,458$ 72,480$ 67,022$ 1228% Comprehensive Financial Overview: Expenditures Comprehensive Financial Overview: Expenditures Page 48 of 74 FY 2027 Operating & Capital Budget 4 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Finance Salaries 133,731 137,682 141,054 145,757 72,506 145,757 77,757 (68,000) -145% Taxes and Benefits 39,888 43,111 45,373 49,288 24,855 49,288 35,292 (13,997) #DIV/0! Pubs, Subs, & Dues 29 127 378 425 10 425 229 (196) -46% Training and Travel 2,093 2,156 2,304 4,800 1,291 4,800 810 (3,990) -135% Contractual Services 49,000 51,155 57,189 59,850 49,937 59,850 70,000 10,150 17% Property & Liability Insurance 132,866 133,317 3 181,320 71,091 181,320 148,345 (32,975) -18% Unemployment 4,132 4,614 - 4,000 150 4,000 4,000 - 0% General Operations 2,266 4,630 3,148 2,832 183 2,832 2,900 68 # DIV/0! Total Expenditures 364,005$ 376,792$ 418,973$ 448,272$ 220,022$ 448,272$ 339,333$ (108,939)$ -24% Information Technology Contracted Services 24,402 18,835 22,605 18,540 17,422 18,540 34,249 15,709 85% Equipment 22,231 9,037 15,338 13,150 - 13,150 - (13,150) -100% Total Expenditures 79,561$ 62,679$ 74,891$ 50,230$ 25,432$ 50,230$ 97,718$ 47,488$ 95% Municipal Court Salaries 30,290 34,825 35,133 33,123 16,886 33,123 24,699 (8,424) -124% Taxes and Benefits 8,208 9,086 9,460 9,798 4,852 9,798 7,189 (2,609) #DIV/0! Training and Travel 1,120 1,160 1,369 1,200 1,350 1, 200 1,705 505 42% General Operations 3,510 1,330 2,107 2,401 1,719 2,381 2,532 131 #DIV/0! Insurance/Bond Expense - 200 - 220 200 200 - (220) -100% Total Expenditures 43,127$ 46,402$ 48,069$ 46,522$ 24,807$ 46,502$ 36,125$ (10,397)$ -22% Building Maintenance Salaries 33,634 21,327 25,334 30,734 26,420 30,734 18,172 (12,562) #DIV/0! Taxes and Benefits 10,199 8,972 11,646 14,775 16,056 14,775 8,856 (5,919) #DIV/0! Municipal Building 71,401 50,133 46,517 47,941 44,616 47,941 49,112 1,171 #DIV/0! Village Garage 30,934 19,907 19,596 28,700 16,700 28,700 28,864 164 2% Community Center 30,649 19,929 18,870 23,200 15,662 23,200 21,461 (1,739) -35% Total Expenditures 176,817$ 120,269$ 121,964$ 145,350$ 119,453$ 145,350$ 126,465$ (18,885)$ -13% General Government 1,009,237$ 973,978$ 1,034,514$ 1,082,234$ 631,841$ 1,081,464$ 1,029,659$ (52,575)$ -5% Comprehensive Financial Overview: Expenditures Comprehensive Financial Overview: Expenditures Page 49 of 74 FY 2027 Operating & Capital Budget 5 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Public Safety Police Department Salaries 1,366,325 1,547,803 1,578,864 1,684,998 859,721 1,684,998 1,802,871 117,873 7% Taxes and Benefits 537,432 619,905 667,212 686,897 356,083 686,897 719,824 32,927 5% Training and Travel 28,166 4,660 21,409 21,800 6,643 21,800 24,945 3,145 14% Building Maintenance 20,679 25,871 20,719 25,000 9,674 25,000 20,400 (4,600) -18% Contractual Services 8,000 13,761 14,388 13,000 8,842 13,000 15,340 2,340 18% Clothing Allowance 17,089 17,071 12,351 15,000 7,124 15,000 15,000 - 0% Crossing Guards 5,878 8,698 9,326 6,997 5,316 6,997 - (6,997) -100% Crime Investigation 1,254 657 976 1,050 690 1,050 650 (400) -38% Equipment 19,170 15,352 14,166 12,500 12,597 12,500 - (12,500) -100% Fleet 34,465 52,093 37,582 41,000 24,080 41,000 41,000 - 0% Technology 55,239 34,141 34,524 25,444 39,487 25,444 26,500 1,056 4% Public Relations 849 721 1,518 1,250 - 1,250 1,250 - 0% General Operations 73,743 71,182 83,244 78,050 57,049 78,050 78,180 130 0% Total Expenditures 2,168,291$ 2,411,914$ 2,496,278$ 2,612,986$ 1,387,304$ 2,612,986$ 2,745,960$ 132,973$ 5% Fire Protection MHAFD District Charges 568,586 769,594 791,637 807,447 455,158 807, 447 877,435 69,988 8.67% Total Expenditures 568,586$ 769,594$ 791,637$ 807,447$ 455,158$ 807,447$ 877,435$ 69,988$ 9% Emergency Management Contractual Services 16,865 21,728 16,819 20,878 2,957 20,878 19,000 (1,878) -9% Total Expenditures 16,865$ 21,728$ 16,819$ 20,878$ 2,957$ 20,878$ 19,000$ (1,878)$ -9% Inspection General Operations - 160 - - - - - - 0% Contractual Services 72,418 70,499 110,931 46,400 208,690 277,400 87,250 40,850 88% Total Expenditures 72,418$ 70,659$ 110,931$ 46,400$ 208,690$ 277,400$ 87,250$ 40,850$ 88% Total Public Safety 2,826,159$ 3,273,894$ 3,415,665$ 3,487,711$ 2,054,109$ 3,718,711$ 3,729,645$ 241,934$ 7% Comprehensive Financial Overview: Expenditures Page 50 of 74 FY 2027 Operating & Capital Budget 6 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Public Works Highway & Street Administration Salaries 77,959 75,895 88,111 87,917 42,431 87,917 49,587 (38,330) -143% Taxes and Benefits 27,496 28,514 32,674 31,402 16,735 31,402 25,712 (5,690) -96% General Operations 1,789 1,260 4,664 1,500 1,277 1,500 1,500 - 0% Training & Travel 3,648 3,283 6,175 5,000 1,940 5,000 4,365 (635) -13% Contractual Services 6,468 5,168 4,362 5,250 1,654 5,250 5,250 - 0% Total Expenditures 117,360$ 114,120$ 135,986$ 131,069$ 64,038$ 131,069$ 86,414$ (44,655)$ -34% Engineering Contractual Services 13,955 19,513 4,468 2,000 5,821 2,000 12,340 10,340 517% Total Expenditures 13,955$ 19,513$ 4,468$ 2,000$ 5,821$ 2,000$ 12,340$ 10, 340$ 517% Streets Salaries 127,928 120,653 117,032 144,829 64,406 144,829 78,087 (66,742) -46% Taxes and Benefits 59,854 60,083 57,553 64,273 25,929 64,273 42,772 (21,501) -33% General Operations 76,507 90,048 105,857 100,071 40,666 100,071 102,700 2,629 3% Contractual Services 14,514 23,494 26,570 24,000 4,419 24,000 9,000 (15,000) -63% Total Expenditures 278,803$ 294,278$ 307,012$ 333,173$ 135,420$ 333,173$ 232,560$ (100,613)$ -30% Snow & Ice Removal Salaries 45,714 52,895 41,693 50,119 20,275 50,119 34,733 (15,387) -31% Taxes and Benefits 14,396 19,929 12,430 31,738 5,912 31,738 17,285 (14,453) -46% General Operations 50,244 46,604 75,850 60,000 33,099 60,000 64,000 4,000 7% Contractual Services 40,416 29,798 22,931 30,000 18,739 30,000 30,000 - 0% Total Expenditures 150,771$ 149,226$ 152,903$ 171,858$ 78,024$ 171,858$ 146,018$ (25,840)$ -15% Comprehensive Financial Overview: Expenditures Page 51 of 74 FY 2027 Operating & Capital Budget 7 12/31/2023 12/31/2024 12/31/2025 2026 8/1/2010 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Traffic Control Salaries 3,451 10,125 7,048 7,272 1,945 7,272 2,980 (4,291) -59% Taxes and Benefits 1,749 4,071 3,385 2,551 711 2,551 1,662 (890) -35% General Operations 8,139 14,758 8,627 8,000 7,544 8,000 8,000 - 0% Contractual Services - - - 1,600 - 1,600 1,000 (600) -38% Total Expenditures 13,339$ 28,954$ 19,061$ 19,423$ 10,200$ 19,423$ 13,642$ (5,781)$ -30% Street Lighting Contractual Services 118,123 121,154 131,318 127,345 65,944 127,345 137,050 9,705 8% Total Expenditures 118,123$ 121,154$ 131,318$ 127,345$ 65,944$ 127,345$ 137,050$ 9,705$ 8% Stormwater Management Salaries 9,178 6,550 4, 714 9,117 2,757 9,117 14,901 5,784 63% Taxes and Benefits 4,955 3,140 2,441 4,217 1,061 4,217 8,308 4,090 97% General Operations 801 2,893 225 3,000 418 3,000 3,000 - 0% Contractual Services 2,420 4,335 2,610 2,700 - 2,700 6,500 3,800 141% Total Expenditures 17,353$ 16,917$ 9,990$ 19,035$ 4,236$ 19,035$ 32,709$ 13,674$ 72% Refuse & Recycling Salaries 46,125 65,184 55,757 57,330 28,092 57,330 36,344 (20,986) -37% Taxes and Benefits 21,945 31,073 27,429 30,125 10,619 30,125 17,713 (12,412) -41% General Operations 604 279 61 1,150 - 1, 150 1,000 (150) -13% Contractual Garbage Collection 331,998 413,310 378,338 338,476 191,929 338,476 396,900 58,424 17% Contractual Recycling, Brush & Yard Waste 158,375 220,928 192,515 202,645 96,377 202,645 204,050 1,405 1% Total Expenditures 559,047$ 730,774$ 654,099$ 629,726$ 327,017$ 629,726$ 656,006$ 26,280$ 4% Total Public Works 1,268,751$ 1,474,935$ 1,414,837$ 1,433,628$ 690,700$ 1,433,628$ 1,316,738$ (116,890)$ -8% Comprehensive Financial Overview: Expenditures Page 52 of 74 FY 2027 Operating & Capital Budget 8 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Culture, Recreation and Education Parks Maintenance Salaries 88,240 95,003 110,614 105,917 38,274 105,917 198,012 92,094 87% Taxes and Benefits 28,732 30,683 33,019 37,283 51,690 37,283 54,615 17,332 46% Training and Travel - - - - - - - - #DIV/0! General Operations 74,216 69,980 66,626 83,233 35,955 83,233 84,642 1,409 2% Contractual Services 7,274 10,573 4,736 8,960 3,562 8,960 7,960 (1,000) -11% Total Expenditures 198,462$ 206,240$ 214,995$ 235,393$ 129,482$ 235,393$ 345,228$ 109,836$ 47% Recreation Administration Salaries 119,258 125,585 127,072 140,337 67,337 140,337 71,675 (68,662) -49% Taxes and Benefits 41,969 41,534 31,897 51,151 16,173 51,151 10,775 (40,375) -79% Training and Travel 1,662 907 1,344 1,800 1,215 1,800 1,700 (100) -6% Pubs, Subs, & Dues 867 1,117 1,394 1,400 924 1,400 1,484 84 6% General Operations 10,804 10,026 10,392 11,100 5,609 11,100 10,646 (454) -4% Contractual Services 10,374 13,013 11,388 11,500 5,491 11,500 11,350 (150) -1% Total Expenditures 184,935$ 192,181$ 183,487$ 217,288$ 96,748$ 217,288$ 107,630$ (109,658)$ -50% Recreation Programs Salaries 41,137 32,076 31,881 31,219 109,888 78,670 109,888 78,670 252% Program Expenditures 23,424 21,779 23,413 22,680 21,880 (800) 21,880 (800) -4% Contractual Services 102,328 88,113 70,100 91,730 95,610 3,880 95,610 3,880 4% Total Expenditures 166,889$ 141,968$ 125,394$ 145,629$ 227,378$ 81,750$ 227,378$ 81,750$ 56% Total Culture, Recreation and Education 550,286$ 540,389$ 523,876$ 598,309$ 453,608$ 534,430$ 680,237$ 81,928$ 52% Comprehensive Financial Overview: Expenditures Page 53 of 74 FY 2027 Operating & Capital Budget 9 12/31/2023 12/31/2024 12/31/2025 2026 6/30/2026 2026 2027 FY 26 vs. FY 27 FY 26 vs. FY 27 Actual Actual Actual Budget YTD Projected Budget $ Change % Change Conservation and Development Community Development Salaries - - - - - - 57,878 57,878 #DIV/0! Taxes and Benefits - - - - - - 21,471 21,471 #DIV/0! Training and Travel - - - - - - 1,250 1,250 #DIV/0! General Operations - - - - - - 4,775 4,775 #DIV/0! Total Expenditures -$ -$ -$ -$ -$ -$ 85,374$ 85,374$ 0% Forestry Salaries 58,648 57,027 34,947 65,063 27,655 65,063 103,657 38,595 59% Taxes and Benefits 23,155 23,114 11,658 28,302 6,468 28,302 38,938 10,636 38% Training and Travel - - 40 - - - 2,075 2,075 #DIV/0! General Operations 4,024 8,099 4,360 7,800 9,095 7,800 12,075 4,275 55% Contractual Services 4,185 3,558 4,781 6,000 1,500 6,000 6,000 - 0% Total Expenditures 90,012$ 91,798$ 55,786$ 107,165$ 44,718$ 107,165$ 162,745$ 55,581$ 52% Planning Contractual Services 5,544 34,332 49,328 10,000 17,948 10,000 20,000 10,000 100% Total Expenditures 5,544$ 34,332$ 49,328$ 10,000$ 17,948$ 10,000$ 20,000$ 10,000$ 100% Economic Development Pubs, Subs, & Dues 5,400 32,723 6,601 5,400 - 5,400 4,300 (1,100) -20% Misc. Initiatives 58,532 19,091 113,903 2,000 8,226 2,000 3,250 1,250 63% Contractual Services 16,899 2,850 - - 2,340 - - - #DIV/0! Total Expenditures 80,831$ 54,664$ 120,504$ 7,400$ 10,566$ 7,400$ 7,550$ 150$ 2% Total Conservation and Development 176,387$ 180,795$ 225,618$ 124,565$ 73,232$ 124,565$ 275,670$ 151,105$ 154% Miscellaneous Expenditures Transfer to Other Funds-(Taxes) 2,524,627$ 2,636,211$ 2,634,015$ 3,978,316$ 3,609,391$ 3,978,316$ 3,891,605$ (86,711)$ -2% Total Expenditures 2,524,627$ 2,636,211$ 2,634,015$ 3,978,316$ 3,609,391$ 3,978,316$ 3,891,605$ (86,711)$ -2% Total General Fund Revenues 8,097,804$ 8,489,906$ 8,800,140$ 9,934,815$ 9,152,934$ 10,225,678$ 10,923,555$ 988,740$ 10% Total General Fund Expenditures 8,355,448$ 9,080,201$ 9,248,525$ 10,704,763$ 7,512,882$ 10,871,114$ 10,923,555$ 218,792$ 2% Net Income / (Use of Fund Balance) (257,644)$ (590,296)$ (448,385)$ (769,948)$ 1,640,052$ (645,437)$ -$ 769,948$ -200% Fund Balance after 2025 Audit 1,054,287$ Projected Fund Balance Year End 2026 408,850$ Reserve Funds Needed to Balance Budget -$ Projected Fund Balance Year End 2027 408,850$ 4% Comprehensive Financial Overview: Expenditures Page 54 of 74 Agenda Item Report Finance/Personnel Committee: Wednesday, October 14, 2026 Agenda Items: Consider approval of the 2027 TID and Enterprise Budgets Recommendation Background Financial Impact Attachments Prepared By 1. 12) Enterprise Fund Page 55 of 74 FY 2027 Operating & Capital Budget 1 Departmental Summary Tax Incremental District No.3 (“District”) was created on January 1, 2004. TIF District No.3 was used to make was used to make almost $6 million in road improvements for part of Springdale Street (formerly known as County ID). The expansion of the roadway, new light poles, stonework, and over 400 new trees are expected to be paid for and supported by new commercial developments occurring along the roadway and through the development of North Cape Commons. 2027 Budget Highlights The 2027 TIF District No.3 budget reflects a 2% increase from 2026. The TIF District No. 3 budget includes salaries and benefits, legal fees, WDOR fees, Child Care Grant Incentives, and Transfers to the Debt Service Fund. Reductions There are no notable reductions in the budget. Additions Additions include increased salaries and expenses. Staffing by Position The Village Administrator and the Community Development Director’s salary is included in TIF No. 3. CAPITAL PROJECTS FUND Fund #450 Tax Incremental District No.3 Page 56 of 74 FY 2027 Operating & Capital Budget 2 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference TID Increment 801,826 981,287 825,120 841,622 16,502 Exempt Computer Aid 3,463 3,463 3,463 3,463 - State PPT Aid 11,163 39,792 39,792 39,792 - Development Guarantees - - 18,962 (601) (19,563) Investment Income 3,774 6,004 1,000 2,830 1,380 Total Expenditures 820,226 1,030,586 888,337 886,655 (1,681) Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 2,500 2,500 2,500 31,742 29,242 Operations 838,913 867,600 842,600 829,800 (12,800) Contractual Services 1,243 1,450 3,200 2,500 (700) Professional Development 150 150 150 150 - Total Expenditures 842,805 871,700 848,450 864,192 15,742 TID No.3 Fund Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Salaries and Benefits 2,500 2,500 2,500 34,299 31,799 Legal Fees - - 2,000 1,000 (1,000) Auditor Fees 1,243 1,450 1,200 1,500 300 Child Care Grant - - - 500 500 Fees & Dues 150 150 150 150 - Transfer to Debt Service 838,913 687,600 842,600 829,300 (13,300) Total Expenditures 842,805 871,700 848,450 864,192 15,754 Net Revenues Over/Under Expenditures. (22,579) 158,885 39,887 22,463 (17,423) Restricted Fund Balance after 2025 Audit 113,847 Projected Fund Balance Year End 2026 153,734 Reserve Funds Needed to Balance Budget - Projected Fund Balance Year End 2027 173,640 Reserve Fund Percentage 20% CAPITAL PROJECTS FUND Fund #450 Tax Incremental District No.3 Page 57 of 74 FY 2027 Operating & Capital Budget 3 Departmental Summary Tax Incremental District No.3 (“District”) was created on January 1, 2004. TIF District No.3 was used to make was used to make almost $6 million in road improvements for part of Springdale Street (formerly known as County ID). The expansion of the roadway, new light poles, stonework, and over 400 new trees are expected to be paid for and supported by new commercial developments occurring along the roadway and through the development of North Cape Commons. 2027 Budget Highlights The 2027 TIF District No.3 budget reflects a 100% decrease from 2026. Reductions Removed transfer to debt service. Additions There are no notable additions in the budget. Staffing by Position There are no staff allocated to TID No.3 Amendment CAPITAL PROJECTS FUND Fund #452 Tax Incremental District No.3 Amendment Page 58 of 74 FY 2027 Operating & Capital Budget 4 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference TID Increment - - - - - Investment Income - - - - - Total Expenditures - - - - - Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel - - - - - Operations 54,428 55,620 54,540 - (54, 540) Contractual Services - - - - - Professional Development - - - - - Total Expenditures 54,428 55,620 54,540 - (54,540) Park Development Fund Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Transfer to Debt Service 54,428 55,620 54,540 - (54, 540) Total Expenditures 54,428 55,620 54,540 - (54,540) Net Revenues Over/Under Expenditures. (54,428) (55,620) (54,540) - 54,540 Restricted Fund Balance after 2025 Audit 958,110 Projected Fund Balance Year End 2026 903,570 Reserve Funds Needed to Balance Budget - Projected Fund Balance Year End 2027 903,570 Reserve Fund Percentage N/A CAPITAL PROJECTS FUND Fund #452 Tax Incremental District No.3 Page 59 of 74 FY 2027 Operating & Capital Budget 5 Departmental Summary Tax Incremental District No. 5 (“District”) was created on August 10, 2016. T he purpose of TID #5 is to promote redevelopment within the TID #5 boundary by implementing a number of needed projects ranging from infrastructure improvements to promotion and development programs, as well as providing for potential cash grants to proper ty owners, lessees, and land developers within the District, and encourage investment and revitalization in the Downtown Business District. 2027 Budget Highlights The 2027 TIF District No.5 budget reflects a 13% increase from 2026. The TIF District No. 5 budget includes salaries and benefits, legal fees, WDOR fees, TID Planning, Economic Development Incentives for Residential Improvements, Façade Grants, Downtown Building Rehabilitation Grant/Loans, and transfers to debt service. Reductions Reduced planning expenses and Personal Property Taxes. Additions Additions include increased salaries and expenses and increased Economic Development Incentives. Staffing by Position The Village Administrator and the Community Development Director’s salary is included in TIF No. 3. CAPITAL PROJECTS FUND Fund #460 Tax Incremental District No.5 Page 60 of 74 FY 2027 Operating & Capital Budget 6 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference TID Increment 767,665 775,669 761,012 761,012 - Exempt Computer Aid - - - - - State PPT Aid 5,471 40,199 34,728 5,471 (29,527) Grants 180,738 - - - - Investment Income 34,492 51,147 1,000 14,959 13,959 Total Expenditures 987,366 867,016 796,740 781,442 (15,298) Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 2,500 2,500 2,500 31,742 29,242 Operations 626,791 440,498 429,498 475,144 45,914 Contractual Services 27,419 9,9463 41,700 27,842 (13,858) Professional Development 150 150 200 150 (50) Total Expenditures 656,860 453,094 473,630 534,878 61,248 Park Development Fund Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Salaries and Benefits 2,500 2,500 2,500 34,299 31,799 Legal Fees 6,72 816 1,000 1,000 - Auditor Fees 1,243 1,450 1,200 1,500 300 General Planning 19,455 7,680 39,500 25,342 (14,158) Residential Improvement 24,463 25,673 25,000 25,000 - Façade Grant 217,279 25,000 10,000 35,500 25,500 Rehabilitation Grant/Loan 77,631 79,008 80,612 93,945 13,333 Fees & Dues 150 150 200 150 (50) Transfer to Debt Service 307,418 310,818 313,618 320,699 7,081 Total Expenditures 656,860 453,094 473,630 534,878 61,248 Net Revenues Over/Under Expenditures. 330,506 413,921 323,110 246,564 45,950 Restricted Fund Balance after 2025 Audit 936,661 Projected Fund Balance Year End 2026 1,259,771 Reserve Funds Needed to Balance Budget - Projected Fund Balance Year End 2027 1,506,336 Reserve Fund Percentage 282% CAPITAL PROJECTS FUND Fund #460 Tax Incremental District No.5 Page 61 of 74 FY 2027 Operating & Capital Budget 7 Departmental Summary Tax Increment District (TID) No. 6 is being created by the Village of Mount Horeb under the authority provided by Wisconsin Statute Section 66.11 -5 “Tax Increment Law” to eliminate blight and stimulate redevelopment of underutilized property on the Village’s east side. One site currently houses the now empty and defunct Karakahl Inn building, has not adapted to changing conditions and now lags in growth and economic dynamics. The purpose and intent of the TIF District is to stimulate investment to redevelop and revitalize this property along the commercial corridor of Springdale St. A map of the proposed TID No. 6 boundary follows in Section 3. The TID area includes the former Karakahl Inn site as well as the vacant parcel directly west across Perimeter St. The district is being created as a Redevelopment District based on the finding that at least 50% of area by real property within the district is blighted within the meaning of Wisconsin Statute Section 66.1105(2)1a as described below: A blighted area means any of the following: “An area, including a slum area in which the structures, buildings or improvements, which by reason of dilapidation, deterioration, age or obsolescence, inadequate provision for ventilation, light, air, sanitati on, or open spaces, high density of population and overcrowding, or the existence of conditions which endanger life or property by fire or other causes, or any combination of these factors is conducive to ill health, transmission of disease, infant mortali ty, juvenile delinquency, or crime and is detrimental to the public health, safety, morals or welfare” . The Village recognizes that the creation of TID No. 6 is necessary to facilitate the orderly redevelopment of the subject parcels. 2027 Budget Highlights The 2027 TIF District No.6 budget reflects a 100% decrease from 2026 as there are no documented expenditures. There is a TIF agreement in review now for the former Karakahl Inn. Reductions Eliminated Debt Issuance Costs and TID Planning Costs. Additions There are no notable additions in the budget. Staffing by Position There are no personnel costs associated with this TIF District. CAPITAL PROJECTS FUND Fund #465 Tax Incremental District No.6 Page 62 of 74 FY 2027 Operating & Capital Budget 8 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference TID Increment - - - - - Investment Income - - - - - Total Expenditures 987,366 867,016 796,740 781,442 (15,298) Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel - - - - - Operations - - 54,450 - (54,450) Contractual Services - - - - - Professional Development - - - - - Total Expenditures - - 54,450 - (54,450) Park Development Fund Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Debt Issuance Costs - - 54,450 - (54,450) Total Expenditures - - 54,450 - (54,450) Net Revenues Over/Under Expenditures. - - (54,450) - 54,450 Restricted Fund Balance after 2025 Audit - Projected Fund Balance Year End 2026 (54,450) Reserve Funds Needed to Balance Budget - Projected Fund Balance Year End 2027 (54,450) Reserve Fund Percentage N/A CAPITAL PROJECTS FUND Fund #465 Tax Incremental District No.6 Page 63 of 74 FY 2027 Operating & Capital Budget 1 Departmental Summary The Electric Utility Fund accounts for the operation and financial management of the Village's electric utility system. The utility provides reliable electric service to residential, commercial, industrial, and other customers while maintaining the system' s infrastructure and financial sustainability. Responsibilities • Provide reliable electric service to Village customers. • Operate and maintain the electric distribution system. • Maintain substations, transformers, lines, meters, and related equipment. • Respond to outages, service interruptions, and system emergencies. • Perform preventative maintenance on electric infrastructure. • Coordinate electricity purchases and wholesale power requirements. • Manage customer billing, service connections, and account administration. • Maintain adequate system capacity to serve current and future customers. • Plan and fund electric system improvements and capital projects. • Manage utility debt and long-term financial obligations. • Monitor operating costs, revenues, and utility rates. • Maintain compliance with applicable Public Service Commission requirements. • Plan for long-term electric system reliability and infrastructure needs. 2027 Budget Highlights The 2027 Electric Utility budget reflects a 1% increase from 2026. The Electric Utility budget includes salaries and wages of utility staff, operational expenses required to operate the Electric Department. Reductions Reductions include interest expense, maintenance of lines and miscellaneous expenses. Additions Additions include a 2% increase in power sales, as well as a contracted services, and transportation expenses. ENTERPRISE FUND Fund #910 Electric Utility Page 64 of 74 FY 2027 Operating & Capital Budget 2 Staffing by Position Positions Pay Grade 2023 2024 2025 2026 2027 Superintendent 13 1.00 1.00 1.00 1.00 1.00 Forman 13 1.00 1.00 1.00 1.00 1.00 Utility Coordinator 7 0.34 0.34 0.34 0.34 0.34 Lineperson 12 2.00 2.00 2.00 2.00 2.00 Apprentice 11 2.00 2.00 2.00 2.00 2.00 Total Authorized Positions 6.34 6.34 6.34 6.34 6.34 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Investment Income 274,333 207,287 7,212 135,000 127,788 Miscellaneous Income 116,412 86,110 100,000 100,000 - Residential Sales 3,632,835 3,626,730 4,026,294 4,290,989 264,695 Commercial Sales 1,001,620 962,867 1,156,050 1,189,129 33,079 Small Power 1,224,044 1,202,566 1,547,960 1,551,865 3,905 Large Power 656,696 729,298 727,791 904,459 176,668 Industrial Power 66,114 68,267 71,427 82,600 11,173 Street Lighting 118,383 128,187 118,034 118,252 218 Athletic Field Lighting - (17,194) - - - Yard Lighting 7,591 (11,442) 7,500 7,500 - Sales for Resale 56,153 57,228 55,141 55,141 - Commercial GS Sewer 33,837 35,063 31,340 31,340 - Small Power – Utilities 219,225 209,032 224,094 224,094 - Forfeited Discounts 19,889 4,642 10,823 10,823 - Misc. Service Revenue 4,255 (11,876) 4,500 4,500 - Rent 4,800 3,360 4,000 4,000 - Other Electric Revenue 20,948 78,807 35,000 67,562 32,562 Total Revenues 7,457,133 7,358,977 8,127,166 8,777,254 650,088 Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 727,747 478,725 908,251 1,250,268 342,017 Operations 1,352,957 1,492,231 1,766,605 1,409,802 (356,803) Contractual Services 4,802,473 5,273,258 5,795,411 5,844,331 48,920 Professional Development 28,111 31,542 13,240 24,140 10,900 Total Expenditures 6,911,288 7,275,756 8,483,507 8,528,541 45,034 ENTERPRISE FUND Fund #910 Electric Utility Page 65 of 74 FY 2027 Operating & Capital Budget 3 Electric Utility Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Salaries 622,890 363,116 673,317 805,710 132,393 Taxes and Benefits 54,944 55,674 51,509 261,133 209,624 Depreciation 619,137 644,017 501,848 506,867 5,019 Tax – WI License Fee 41,050 37,492 38,900 38,900 - Payment in lieu of Taxes 225,497 261,450 225,497 230,007 4,510 Tax – PSC Remainder 7,770 7,242 6,900 7,200 300 Influencing Expense - 1,676 - 1,823 1,823 Interest – Long Term Debt 183,134 176,344 170,457 163,128 (7,329) Purchased Power 4,707,167 5,142,754 5,671,821 5,708,401 36,580 Operations 71,789 77,155 89,800 78,570 (11,230) Maintenance 13,217 71,758 17,727 77,075 59,348 Uncollectable Accounts - - 2,000 2,000 - Office Supplies/Expense 31,213 33,502 24,000 24,480 480 Outside Services 95,306 128,895 120,090 132,210 12,120 Property Insurance 10,400 10,962 11,000 11,552 552 Injuries and Damages 25,847 26,908 24,290 28,125 3,855 Employee Incentives 14,401 14,071 240 240 - Benefits Expired 164,894 162,653 183,425 183,425 - Pension Benefits (114,980) (102,718) - - - Professional Dev. 13,709 17,471 13,000 23,900 10,900 Miscellaneous Expense 35,474 34,028 38,000 22,050 (15,950) Transportation Expense 88,429 111,305 100,000 36,300 (63,700) Capital Projects - - 519,686 184,000 (335,686) Total Expenditures 6,911,288 7,275,756 8,483,507 8,528,541 45,043 Net Revenues Over/Under Expenditures. 545,846 83,221 (356,341) 248,713 605,054 Restricted Fund Balance after 2025 Audit 10,740,817 Projected Fund Balance Year End 2026 14,263,503 Reserve Funds Needed to Balance Budget - Projected Fund Balance Year End 2027 14,512,216 Reserve Fund Percentage 170% ENTERPRISE FUND Fund #910 Electric Utility Page 66 of 74 FY 2027 Operating & Capital Budget 4 [Intentionally Left Blank] Page 67 of 74 FY 2027 Operating & Capital Budget 5 Departmental Summary The Water Utility Fund provides safe, reliable, and sustainable drinking water service to Village customers. The utility operates and maintains the municipal water supply, treatment, storage, distribution, and customer service systems while planning for lo ng-term infrastructure needs and regulatory requirements. Responsibilities • Provide reliable drinking water service to customers. • Operate and maintain wells, treatment facilities, storage facilities, and distribution infrastructure. • Monitor water quality and comply with applicable drinking water regulations. • Maintain water mains, valves, hydrants, meters, and related infrastructure. • Respond to water main breaks, leaks, service interruptions, and other emergencies. • Perform preventative maintenance on water system infrastructure. • Manage water billing, customer accounts, and service connections. • Monitor water consumption and system losses. • Plan and fund water system improvements and capital projects. • Manage utility debt and long-term financial obligations. • Monitor operating costs and water utility revenues. • Evaluate water rates and other revenues to support long-term financial sustainability. • Plan for future system capacity and infrastructure needs. 2027 Budget Highlights The 2027 Water Utility budget reflects a 33% increase from 2026. The Water Utility budget includes salaries and wages of utility staff, operational expenses required to operate the Water Department. Reductions Reductions include interest revenues and expense and property insurance. Additions Additions include major 2027 street projects and the use of cash to support those projects. ENTERPRISE FUND Fund #920 Water Utility Page 68 of 74 FY 2027 Operating & Capital Budget 6 Staffing by Position Positions Pay Grade 2023 2024 2025 2026 2027 Superintendent 13 1.00 1.00 1.00 1.00 1.00 Operator 9 1.00 1.00 1.00 1.00 1.00 Utility Coordinator 7 0.33 0.33 0.33 0.33 0.33 Total Authorized Positions 2.33 2.33 2.33 2.33 2.33 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Investment Income 200,688 136,825 103,734 92,424 (11,300) Contribution Aid – Const. - 163,626 - - - Amortization of Debt 1,217 740 - - - Bulk Water Sales 2,710 2,981 3,500 3,500 - Residential Sales 624,827 573,435 707,384 742,753 35,369 Commercial Sales 79,834 76,010 94,243 98,955 4,702 Public Authority Sales 21,715 18,311 25,917 27,213 1,296 Multi-Family Sales 38,537 35,438 42,224 44,335 2,111 Irrigation Sales 94,068 85,111 110,000 110,000 - Private Fire Protection 16,872 16,169 18,000 18,000 - Public Fire Protection 344,985 318,857 384,350 403,568 19,218 Forfeited Discounts 2,925 2,681 3,500 3,500 - Water Tower Rental Fee 5,085 7,266 5,266 5,266 - Rent 1,200 840 960 960 - Miscellaneous Service 1,170 1,940 2,000 2,000 - Water Impact Fee 34,336 38,976 45,000 45,000 - Other Water 21,484 20,668 20,000 20,000 - Use of Reserve Funds - - - 2,073,901 2,073,901 Total Revenues 1,491,642 1,499,873 1,566,078 3,691,385 2,125,307 Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 272,908 205,703 325,421 470,040 144,619 Operations 1,198,453 1,300,044 2,344,914 3,159,386 814,472 Contractual Services 90,599 47,891 90,000 55,780 (34,220) Professional Development 780 20,529 6,180 6,180 - Total Expenditures 1,562,740 1,574,168 2,766,515 3,691,385 924,870 ENTERPRISE FUND Fund #920 Water Utility Page 69 of 74 FY 2027 Operating & Capital Budget 7 Water Utility Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Salaries 205,800 112,615 233,957 290,266 56,309 Taxes and Benefits 9,995 8,469 17,898 106,208 88,310 Depreciation 465,766 487,989 384,576 396,113 11,537 Payment in lieu of Taxes 249,436 276,941 249,436 254,425 4,989 Tax – PSC Remainder 1,646 1,259 2,000 2,000 - Interest – Long Term Debt 174,694 175,368 161,900 83,200 (78,700) Pumping 129,184 130,829 123,492 128,500 5,008 Treatment 31,118 27,894 28,000 31,194 3,194 Distribution 4,250 7,472 10,000 12,460 2,460 Maintenance 74,942 105,543 91,000 86,100 (4,900) Uncollectable Accounts 67 - 250 250 - Office Supplies 23,529 27,200 14,312 27,956 13,644 Outside Services 90,599 47,970 90,000 55,780 (34,220) Property Insurance 11,292 11,903 11,000 6,838 (4,162) Injuries and Damages 8,821 8,755 7,000 15,328 8,328 Employee Incentives (9,845) 3,835 180 180 - Benefits Expired 59,730 68,903 73,566 73,566 - Pension Benefits (2,616) 15,716 - - - Professional Dev. 10,625 16,694 6,000 6,000 - Miscellaneous Expense 19,978 33,795 16,648 15,000 (1,648) Transportation Expense 3,730 5,097 7,500 5,400 (2,100) Capital Projects - - 1,242,800 2,099,621 856,821 Total Expenditures 1,562,740 1,574,168 2,766,515 3,691,385 924,870 Net Revenues Over/Under Expenditures. (71,098) (74,294) (1,200,437) - 1,200,437 Restricted Fund Balance after 2025 Audit 10,731,606 Projected Fund Balance Year End 2026 9,369,034 Reserve Funds Needed to Balance Budget 2,073,901 Projected Fund Balance Year End 2027 7,322,133 Reserve Fund Percentage 198% ENTERPRISE FUND Fund #920 Water Utility Page 70 of 74 FY 2027 Operating & Capital Budget 8 [Intentionally Left Blank] Page 71 of 74 FY 2027 Operating & Capital Budget 9 Departmental Summary The Wastewater Utility Fund provides wastewater collection and treatment services to Village customers. The utility operates and maintains the sanitary sewer collection system and wastewater treatment facilities while protecting public health, local waterways, and the long-term sustainability of the wastewater system. Responsibilities • Collect and treat wastewater generated by Village customers. • Operate and maintain the wastewater treatment system. • Maintain sanitary sewer mains, manholes, lift stations, and related infrastructure. • Monitor wastewater treatment processes and system performance. • Maintain compliance with applicable wastewater discharge permits and regulations. • Respond to sewer backups, blockages, lift station issues, and other emergencies. • Perform preventative maintenance on wastewater infrastructure and equipment. • Manage wastewater billing, customer accounts, and service connections. • Monitor inflow and infiltration and identify opportunities for system improvements. • Plan and fund wastewater system improvements and capital projects. • Manage utility debt and long-term financial obligations. • Monitor operating costs, revenues, and wastewater rates. • Plan for future treatment capacity and collection system needs. consumption and system losses. 2027 Budget Highlights The 2027 Wastewater Utility budget reflects a 46% increase from 2026. The Electric Utility budget includes salaries and wages of utility staff, operational expenses required to operate the Electric Department/ Reductions Reductions include interest expense, operating supplies, regulatory commission, and adaptive management program. Additions Additions include 2027 major street projects, outside services, and property insurance. ENTERPRISE FUND Fund #930 Wastewater Utility Page 72 of 74 FY 2027 Operating & Capital Budget 10 Staffing by Position Positions Pay Grade 2023 2024 2025 2026 2027 Superintendent 13 1.00 1.00 1.00 1.00 1.00 Assist. Superintendent 11 1.00 1.00 1.00 1.00 1.00 Lead Operator 11 1.00 1.00 1.00 1.00 1.00 Operator 9 1.00 1.00 1.00 1.00 1.00 Utility Coordinator 7 0.33 0.33 0.33 0.33 0.33 Total Authorized Positions 4.33 4.33 4.33 4.33 4.33 Revenues by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Investment Income 162,911 172,207 10,000 75,000 65,000 Construction Aid - 108,624 - - - Residential Revenue 2,113,722 1,954,561 2,265,539 2,310,850 45,311 Commercial Revenue 387,063 253,997 433,529 442,200 8,671 Public Authority Revenue 53,231 45,513 59,098 60,280 1,182 Forfeited Discounts 6,499 5,83 5,152 5,204 52 Miscellaneous Revenue 900 395 5,000 3,739 (1,261) Connection Fees Revenue 24,00 56,014 25,000 40,000 15,000 Use of Reserve Funds - - - 1,476,300 1,476,300 Total Revenues 2,748,326 2,697,143 2,803,318 4,413,572 1,610,254 Expenditures by Category 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Personnel 572,939 442,560 618,015 878,666 260,651 Operations 1,945,921 1,904,006 2,198,492 3,342,644 1,144,152 Contractual Services 110,281 470,048 194,600 188,582 (6,018) Professional Development 17,426 9,441 5,680 3,680 (2,000) Total Expenditures 2,646,567 2,826,055 3,016,787 4,413,572 1,396,785 ENTERPRISE FUND Fund #930 Wastewater Utility Page 73 of 74 FY 2027 Operating & Capital Budget 11 Wastewater Utility Expenditures 2024 Actual 2025 Actual 2026 Budget 2027 Budget Difference Salaries 415,903 250,042 445,293 528,590 83,297 Taxes and Benefits 34,134 33,204 34,0365 211,419 177,354 Depreciation 1,211,311 1,219,564 1,273,080 1,311,272 38,192 Interest – Long Term Debt 231,852 212,980 201,750 184,894 (16,856) Power/Fuel for Pumping 143,195 149,579 133,900 151,500 17,600 Phosphorus Removal 6,506 5,620 6,500 6,500 - Sludge Conditioning 5,481 3,654 6,578 7,050 472 BIO Solids 42,443 53,089 48,775 60,000 11,225 Operating Supplies 14,783 7,674 16,650 12,925 (3,725) Lab Operations 17,276 22,192 18,000 25,105 7,105 Rent Expense 9,060 9,060 9,060 9,060 - Meter Expense 78,035 76,775 73,793 74,614 821 Regulatory Commission 8,036 12,127 50,000 3,000 (47,000) Adaptive Management - 25,4045 54,600 18,150 (36,450) Maintenance 167,769 437,567 170,218 170,802 584 Uncollectable Accounts - - 500 500 - Office Supplies/Expense 28,245 32,169 23,000 27,780 4,780 Outside Services 43,853 56,230 40,000 69,380 29,380 Property Insurance 36,815 38,963 31,668 42,603 10,935 Employee Incentives 14,922 6,665 180 180 - Benefits Expired 138,346 138,718 138,657 138,657 Pension Benefits (15,444) 20,597 - - - Professional Dev. 2,504 2,776 5,500 3,500 (2,000) Transportation Expense 11,543 11,407 12,020 12,200 180 Capital Projects - - 223,000 1,343,891 1,120,891 Total Expenditures 2,646,567 2,826,055 3,016,787 4,413,572 1,396,785 Net Revenues Over/Under Expenditures. 101,759 (128,912) (213,469) - 213,469 Restricted Fund Balance after 2025 Audit 16,208,450 Projected Fund Balance Year End 2026 16,051,506 Reserve Funds Needed to Balance Budget 1,476,300 Projected Fund Balance Year End 2027 14,575,206 Reserve Fund Percentage 330% ENTERPRISE FUND Fund #930 Wastewater Utility Page 74 of 74