Village Board - Budget Workshop — Agenda

PLEASE NOTE: Upon reasonable notice, efforts will be made to accommodate the needs of disabled individuals through sign language interpreters or other auxiliary aids. For additional information or to request these services, contact the Village Clerk at (414) 351 -8900. "Persons requiring an interpreter or other assistance should contact the Village Clerk’s office 72 hours prior to the m eeting. Notice is hereby given that a majority any other board, commission or committee may be present at the meeting to gather information about a subject in which they are interested. This constitutes a meeting of any other board, commission or committee pursuant to State ex rel. Badke v. Greendale Village Bd., 173 Wis. 2d 553, 494 2d 408 (1993), and must be noticed as such, although said boards, commissions or committees will not take any formal action at this meeting." NOTICE OF MEETING VILLAGE OF FOX POINT VILLAGE BOARD SCHWEMER HALL – MUNICIPAL BUILDING MONDAY 7200 N SANTA MONICA BLVD OCTOBER 27, 2025 FOX POINT WI 53217 5:00 P.M. NOTE: THE VILLAGE BOARD WILL BE MEETING IN PERSON AT VILLAGE HALL, WITH A REMOTE ATTENDANCE OPTION, PER THE HYBRID MEETING PROCEDURES FURTHER DESCRIBED IN SECTION 19-32 D. OF THE VILLAGE CODE. THIS MEETING IS OPEN TO ALL CITIZENS IN PERSON AT VILLAGE HALL, OR THROUGH THE ZOOM PARTICIPANT INFORMATION SHOWN BELOW, SUBJECT TO THE FOLLOWING: NO ASSURANCE IS PROVIDED TO THOSE GOVERNING BODY MEMBERS AND CITIZENS INTENDING TO ATTEND REMOTELY THAT THE TECHNOLOGY WILL PERFORM SUFFICIENTLY TO ALLOW FOR THEIR PARTICIPATION AND THE MEETING WILL PROCEDE REGARDLESS. PUBLIC OFFICIALS AND CITIZENS WISHING TO ENSURE THEY CAN PARTICIPATE ARE ENCOURAGED TO ATTEND IN PERSON. CITIZENS ARE ENCOURAGED TO SUBMIT ANY COMMENTS IN WRITING IN ADVANCE OF THE MEETING TO THE ACTING VILLAGE MANAGER AT cfreedy@villageoffoxpoint.com, HOWEVER THERE IS NO LARGER RIGHT TO COMMENT REMOTELY OR IN WRITING THAN IN PERSON. Zoom Participant Information https://us02web.zoom.us/j/85354797421 Dial: (312) 626-6799 Meeting ID: 853 5479 7421 AGENDA Trustees of the Village of Fox Point Village Board will meet on Monday, October 27, 2025 at 5:00 p.m. per the Hybrid meeting procedures. The meeting is in-person at Village of Fox Point Village Hall 7200 N Santa Monica Boulevard, Fox Point, Wisconsin 53217 or through Zoom, as above, to consider the agenda set forth below. 1. R oll Call 2. A ppointment of Sara Bruckman to Village Clerk to serve as a casual part- time employee. 3. Budget Workshop 4. A djourn P osted and published October 23, 2025 2026 EXECUTIVE BUDGET VILLAGE OF FOX POINT VILLAGE OF FOX POINT 2026 Executive Budget Letter of Transmittal/Village Profile ............................... 1 Budget Narrative ........................................................... 2 General Fund ................................................................. 3 Sewer Utility Fund ......................................................... 4 Recycling Fund ............................................................... 5 Municipal Pool ............................................................... 6 Inspections Fund ............................................................ 7 Stormwater Utility Fund................................................. 8 Debt Service Fund .......................................................... 9 Capital Projects Fund ................................................... 10 Water Utility Fund ....................................................... 11 October 27, 2025 To the Honorable Christine Symchych, Village President, and Members of the Board of Trustees: Transmitted herein is the Village of Fox Point’s Proposed Annual Budget for the fiscal year beginning January 1, 2026. PHILOSOPHY The Annual Budget represents a comprehensive plan to continue our commitment to providing exceptional services, maintaining our infrastructure, and fostering a strong and vibrant community, and is one of the most important documents presented to and approved by the Village Board. The budget establishes an operational and financial plan for the delivery of Village services and implementation of the annual Village capital improvement program. I believe a conservative expenditure profile, prioritizing a high level of customer service in the core municipal functions of Administration, Public Safety, and Public Works will serve our citizens well. The ability to balance the many competing demands and maintain our standards stems entirely from the continued effort to maximize efficiencies, work collaboratively, and strive for excellence in each facet of the organization. ADDRESSING THE CHALLENGE The 2026 Annual Budget continues to be restrained by restricted revenues, primarily due to the State of Wisconsin artificially restricting our ability to responsibly levy to meet our needs. AS we have seen in prior years, for Fiscal Year 2026 the Village did not see enough growth as established under the levy limit to meet the percentage growth of increasing costs ; our ability to meet the growth in our expenses is based solely on our conservative budgeting, reflected in positive annual cash flows which largely are made part of the General Fund balance. The value of net new construction during the previous 12 months restricted the Village (under State law) to increase the property tax levy to fund all 202 6 operations .64 %. This number is slightly greater than last year and reflects the net value of new construction under the current law. Property taxes remain the Village's primary revenue source. BOND RATING The Village's bond rating is further evidence of its financial strength. Fox Point’s general obligation bonds are currently rated Aaa by Moody's. Having solid financial policies and prudent financial management practices are principal reasons for this excellent bond rating. This high rating translates directly into lower interest rates on the Village's debt. In the rating performed this summer, Moody’s indicated clearly that, in addition to other external factors, continued conservative financial management and expansion of the tax base and increase of operating fund reserve levels relative to operating revenues would be viewed as strengths going forward. Conversely, contraction of the tax base and or narrowing of the operating fund reserve levels would be negative potentialities on the rating. Given the restrictions on revenue generation placed on the Village by the State, increasing costs, significant capital investments, and fully developed character of the Village, it may be challenge to maintain our Aaa rating . That being said, given our conservative debt levels and strong financials, we should not avoid appropriate capital investments for fear of downgrade. BUDGETARY OUTLOOK Due to the constraints of the State-imposed tax levy freeze on existing properties, the Village can only receive additional tax levy from ne t new construction . As a nearly fully developed community, the Village’s opportunity to realize much growth under current Statute is minimal. As such, when redevelopment opportunities arise, it would behoove us to consider the diversification of our tax base and utilization to the highest and best economic use along with all the other considerations we give development proposals. CONCLUSION The 2026 Annual Budget is committed to the Village's policy of preserving Fox Point's quality of life and solid financial position by focusing its public services within the Village’s core competencies, monitoring its fund balances, achieving a balanced budget and making appropriate decisions within the context of a strategic debt management plan. In preparing the 2026 budget, we are confident that we have developed an operating budget that will provide for the services our residents expect; however, the Village Board will be asked to consider the sustainability of our service delivery model under with the current revenue sources. I want to thank all of the Village staff for their assistance in developing the 202 6 Annual Budget, especially our dedicated financial staff for compiling the financial data. Respectfully submitted, Christopher Freedy Acting Village Manager Chief of Police Source - Village of Fox Point Village of Fox Point - 2026 Proposed Tax Levy and Tax Rate Budget Summary 2025 Expenditures 2026 Proposed Expenditures % Change 2025 Budget Year Tax Levy 2026 Budget Year Proposed Tax Levy Difference % Change General Fund $ 7,693,421 $ 8,040,422 4.51% $ 5,728,831 $ 5,790,423 $ 61,592 1.07% Debt Service $ 2,177,719 $ 2,446,931 12.36% $ 2,148,135 $ 2,406,681 $ 258,546 12.03% Total $ 9,871,140 $ 10,487,353 6.24% $ 7,876,966 $ 8,197,104 $ 320,138 4.06% Max General Fund Increase 0.64% (Net New Construction) Assessed Value 2025 $ 1,611,445,500 Ratio 96.09% 2025 Budget Year Tax Rate Per $1,000 4.930 2026 Budget Year Tax Rate Per $1,000 5.086 % Change in Rate 3.1% Village Board Trustees Christine Symchych, President Greg Ollman Jennie Stoltz Max Barry Elizabeth Aelion Mark Freedman David Miller Plan Commission Building Board Board of Police Commissioners Christine Symchych, Chair Justin Racinowski, Chair Stephen Kravit, Chair David Miller Jeff Weber Robert Fetherston, Jr. Robert Smith Scott Davis Nadelle Grossman Jake Wilson Lucille Sells Ben Glicksman William Langhoff William Feldman Nicholas P. Wahl Ted Durant Jay Craig Board of Appeals Board of Review Water/Sewer Utility Committee Mark Grady, Chair Christine Symchych Elizabeth Aelion, Chair Thomas Dunst Elizabeth Aelion Joel Been Adam Bazelon Katherine Corcoran Glenn Kleiman Scott Ratke Christopher Mehring Michael Hostad Juliana Javor Aaron Prater Lucille Sells Michelle Medeiros Nancy Filsinger Eric Weiner Alan Polan Peggy Dickson Averi Niemuth Village Clerk, Vacant Village Manager, Vacant Fair Housing Ethics Board Administration Committee Joel Been Jonathon Margolies David Miller, Chair Marilyn Franklin Lars Gulbrandsen Jennie Stoltz Katherine Corcoron Adam Bazelon Max Barry Finance Committee Tree Commission Audit Committee Christine Symchych, Chair Greg Ollman, Chair Christine Symchych, Chair Mark Freedman Catie Anderson Mark Freedman Elizabeth Aelion Kim Caviggiola Elizabeth Aelion Ramsey Radakovich Terry Rindt Jonathan Knopp Pedro Pierri Historic Preservation Commission North Shore Library Board North Shore Water Commission Christine Symchych Mark Freedman Village Manager, Vacant Ted Durant Sandra Grady Scott Brandmeier Del Wilson Elizabeth Elser Justin Racinowski North Shore Cable Commission Shared Services Committee Weed Commissioner Village Manager, Vacant Vacant Douglas H. Frazer North Shore Health Department Rep. North Shore Fire Commission Rep. North Shore Fire Dept. Board of Directors Rep. Chelsea Holtz, D.O. Robert F. Fetherston, Jr. Christine Symchych Sex Offender Residency Board Greg Ollman, Chair Thomas Harrigan Mike McDounagh Village Staff Vacant, Village Manager Kevin Ausman, Assistant Village Manager Administrative Office Public Works Police Department Vacant, Clerk/Treasurer Scott Brandmeier, Director Chris Freedy, Chief, Acting Village Manager Teri Repins, Deputy Clerk Mike Krueger, Superintendent Doug Dubnicka, Captain Mary Carthell, Accounting Finance Manager Chad Livingston, Foreman Leah Gabrielse, Investigator Kestra Neuenschwander, Dep. Fin. Manager Sue Reynolds, Administrative Assistant Chad Huber, Sergeant Craig Boerner, Foreman-in-Training Benjamin Brouwer, Sergeant Glenn Hofmeister, Fleet Manager Megan Morelli, Sergeant Troy Janzer, Water Utility Operator Vacant, Sergeant Torrey Wiedmeyer, Equipment Operator William Bonebrake, Officer Nicholas Ness, Water Utility Operator/Laborer Steve Grossmueller, Officer Cody Sadler, Laborer John Adamaitis, Officer Chris Miller, Equipment Operator Jennifer Wiesmueller, Officer Jason McRae, Laborer Jordan Paul, Officer Miles Wegner, Laborer Devon Johnson, Officer Evan Baldwin, Laborer Codie Bastress, Officer Charlie Parker, Laborer Taylor Field, Officer Scott Keller, Laborer Vincent Walker, Officer Ryan Boukouras, Officer Justin Bryant, Officer Candace Maxim, Administrative Assistant Building Inspection North Shore Fire Department Water Utility Michael Rakow, Building Inspector Robert Whitaker, Chief Jim Voigt City Water LLC North Shore Library Health Department Municipal Court Rhonda K. Gould, Director Becky Rowland, Director Scott A. Wales, Judge Ellen McKenzie, Court Clerk Village Assessor Village Forester Village Attorney Nick Laird John Gall Eric Larson Associated Appraisal Consultants, Inc. Wachtel Tree Science & Service Municipal Law & Litigation Group, S.C. 1 VILLAGE OF FOX POINT Milwaukee County, Wisconsin VILLAGE BOARD Christine Symchych, President Elizabeth Aelion, Trustee Max Barry, Trustee Mark Freedman, Trustee David Miller, Trustee Greg Ollman, Trustee Jennie Stoltz, Trustee ADMINISTRATION Vacant, Village Manager Kevin Ausman, Assistant Village Manager Vacant, Village Clerk/Treasurer Mary Carthell, Financial Manager Christopher Freedy, Police Chief Michael Rakow, Inspector Scott Brandmeier, Village Engineer/Director of Public Works PROFESSIONAL SERVICES Village Attorney: Eric Larson, Waukesha, Wisconsin Financial Advisor: Robert W. Baird & Co. Incorporated, Milwaukee, Wisconsin Bond Counsel: Husch Blackwell LLP, Milwaukee, Wisconsin Paying Agent: Associated Trust Company, National Association, Green Bay, Wisconsin 2 THE VILLAGE Village Board The Village has a seven-member board with a President and six trustees elected for three-year terms. The present members of the Village Board and the expiration of their respective terms of office are as follows: Expiration of Name Term Christine Symchych, President April, 2026 Elizabeth Aelion, Trustee April, 2028 Max Barry, Trustee April, 2028 Mark Freedman, Trustee April, 2027 David Miller, Trustee April, 2027 Greg Ollman, Trustee April, 2026 Jennie Stoltz, Trustee April, 2026 Source: The Village. Administration The daily administration, under the supervision of the Village Manager, is handled through the various department heads who are responsible for the day-to-day functions. The present members of the administration and their years of service are listed below. Name Title Years of Service Vacant Village Manager Kevin Ausman Assistant Village Manager 3.5 Vacant Village Clerk/Treasurer Mary Carthell Financial Manager 25.0 Christopher Freedy Police Chief 27.0 Michael Rakow Inspector 7.5 Scott Brandmeier Village Engineer/Director of Public Works 19 .0 Source: The Village. GENERAL INFORMATION Location The Village is located in Milwaukee County. The Village is located ten minutes north of the City of Milwaukee. It is bounded on the east by steep bluffs and the sandy shores of Lake Michigan, on the west by the City of Glendale and the Village of River Hills, on the south by the Village of Whitefish Bay, and on the north by the Village of Bayside. Services The Village provides a variety of services that include public works, parks and recreation, including the operation of an outdoor swimming pool. Water utility services are provided through the North Shore Water Consortium, library services are provided through the North Shore Library Consortium and public health service, provided through the North Shore Health Department. In order to improve Medical and Fire Services the Village discontinued the operation of an independent Fire Department. The Villages of Bayside, Brown Deer, Fox Point, River Hills, Shorewood, and Whitefish Bay and the City of Glendale (collectively the "municipalities") entered into an agreement on November 1, 1994 to establish and operate a joint fire and emergency services department referred to as the North Shore Fire Department (the "Department"). Upon inception of this agreement, the Department acquired title to a number of assets, including real estate, vehicles and equipment from the participatory municipalities, in order to commence complete and comprehensive operations. The Bayside Communications Center provides dispatch services for Bayside, Brown Deer, Fox Point, Glendale, River Hills, the North Shore Fire Department, Shorewood and Whitefish Bay. The Bayside Communications Center consolidated the two North Shore dispatch centers into one, is located in Bayside, and services the seven North Shore communities for police and fire dispatch services. The seventeen- member Police Department offers home security surveys, engraving services, a neighborhood watch program and a project reassurance program, specifically designed for the elderly. Education The Village is served by the Joint School District Number 2, Villages of Fox Point and Bayside and Maple Dale- Indian Hill School District which provides an excellent educational program for students in four -year-old- kindergarten through the eighth grades. Joint School District Number 2, Villages of Fox Point and Bayside and Maple Dale-Indian Hill School District both operate two elementary schools. The Districts are two of three "feeder" districts for the Nicolet Unified High School District (UHS) which provides an educational program for the ninth through twelfth grades. Higher education can be obtained at Marquette University and the University of Wisconsin- Milwaukee, just a few minutes south of the Village, in addition to the other nearby schools as follows: Alverno College Carroll College Concordia University Medical College of Wisconsin Milwaukee Area Technical College Milwaukee School of Engineering Mount Mary University Wisconsin Lutheran College St. Augustine Preparatory Academy has purchased the former Cardinal Stritch University campus to convert the campus into a K-12 Preparatory school. The new north campus is expected to be open in 2026. DEMOGRAPHIC AND ECONOMIC INFORMATION Population Milwaukee Village of County Fox Point Estimate, 2024 941,139 6,557 Estimate, 2023 937,259 6,717 Estimate, 2022 939,487 6,770 Estimate, 2021 947,241 6,733 Census, 2020 939,489 6,934 Source: Wisconsin Department of Administration, Demographics Services Center and U.S. Census Bureau. Per Return Adjusted Gross Income State of Milwaukee Village of Wisconsin County Fox Point* 2023 $73,001 $65,614 $230,506 2022 70,548 63,901 270,240 2021 66,369 57,444 201,104 2020 61,518 52,751 243,594 2019 61,003 54,920 203,869 *The Wisconsin DOR reports very high-income returns show significant year to year fluctuations. Source: Wisconsin Department of Revenue, Division of Research and Policy. Unemployment Rate State of Milwaukee Wisconsin County April, 2025(1) 3.3% 4.0% April, 2024 2.9 3.6 Average, 2024(1) 3.0% 3.7% Average, 2023 2.8 3.5 Average, 2022 2.8 3.5 Average, 2021 3.8 5.3 Average, 2020 6.4 8.3 (1)Preliminary. Source: Wisconsin Department of Workforce Development WisConomy. Building Permits Year Valuation 2025* $5,237,776 2024 20,843,061 2023 20,975,664 2022 15,488,765 2021 12,427,647 *As of May 21, 2025. Source: The Village. Largest Taxpayers 2024 Assessed 2024 Equalized Taxpayer Type of Business/Property Valuation Valuation North Shore Centers Partners Commercial-retail center $35,798,000 $37,363,532 Porticos LLC Apartments 33,884,200 35,366,037 Chiswick Apartments, LLC Apartments 22,992,500 23,998,017 Fox Croft Apartments 22,490,500 23,474,063 Azura Fox Point, LLC Memory care facility 10,059,500 10,499,426 Private Individual(s) Private individual(s) 5,720,500 5,970,671 Private Individual(s) Private individual(s) 5,587,500 5,831,855 Private Individual(s) Private individual(s) 5,218,500 5,446,717 Private Individual(s) Private individual(s) 5,048,500 5,269,283 General Capital Management Real estate 4,875,000 5,088,195 $151,674,700 $158,307,796 The above taxpayers represent 9.45% of the Village’s 2024 Equalized Value (TID IN) ($1,675,976,100). Source: The Village. Largest Employers Because of the Village’s proximity to the City of Milwaukee and its surrounding suburbs, many residents commute for employment. Listed below are the largest employers in the Milwaukee metropolitan area. Number of Name Type of Business Employees Advocate Aurora Health(1) Health care 32,000 Froedtert Health Health care 14,871 Milwaukee Public Schools Education 11,833 U.S. Federal Government(2) Government 10,513 Ascension Wisconsin Health care 10,300 Northwestern Mutual Life Insurance 7,550 Roundy's Supermarket Supermarkets and distribution center 7,500 Medical College of Wisconsin Medical school/academic/health care 7,343 City of Milwaukee Government 6,095 Children’s Hospital of Wisconsin Health care 5,860 (1)Aurora's employee number includes four hospitals, rehabilitation, homecare and hospice facilities and their corporate office within a seven-county area including the Milwaukee County area. Does not include northern Illinois facilities. (2)Milwaukee-Waukesha-West Allis, WI MSA preliminary data as of September 2024. Source: U.S. Bureau of Labor Statistics November 2024, Milwaukee County official statement dated October 23, 2024, City of Milwaukee official statement dated October 23, 2024 and direct employer contacts. TAX LEVIES, RATES AND COLLECTIONS Special assessments, special charges and special taxes must be paid to the town, city or village treasurer in full by January 31. Real property taxes may be paid in full by January 31 or in two equal installments payable by January 31 and July 31. Municipalities also have the option of adopting payment plans which allow taxpayers to pay their real property taxes and special assessments in three or more installments, provided that the first installment is paid by January 31, one-half of the taxes are paid by April 30 and the remainder is paid by July 31. Amounts paid on or before January 31 are paid to the town, city or village treasurer. Amounts paid after January 31 are paid to the county treasurer unless the municipality has authorized payment in three or more installments in which case payment is made to the town, city or village treasurer. Any amounts paid after July 31 are paid to the county treasurer. For municipalities which have not adopted an installment payment plan, the town, city or village treasurer settles with other taxing jurisdictions for collections through the preceding month on January 15 and February 20. For municipalities which have adopted an installment payment plan, the town, city or village treasurer settles with other taxing jurisdictions for collections through the preceding month on January 15, February 20 and the 15th day of each month following a month in which an installment payment is due. On or before August 20, the county treasurer must settle in full with the underlying taxing districts for all real property taxes and special taxes. The County Board may authorize its County Treasurer to also settle in full with the underlying taxing districts for all special assessments and special charges. The county may then recover any tax delinquencies by enforcing the lien on the property and retain any penalties or interest on the delinquencies for which it has settled. Previously, personal property taxes were required to be paid to the town, city or village treasurer in full by January 31. Uncollected personal property taxes owed by an entity that has ceased operations or filed a petition for bankruptcy, or are due on personal property that has been removed from the next assessment roll were formerly collected from each taxing entity in the year following the levy year. The personal property tax has been repealed, starting with the property tax assessments as of January 1, 2024. Beginning in 2025, the personal property tax has been replaced with a payment from the State intended to replace the amount of property taxes imposed on personal property for the property tax assessments as of January 1, 2023. Since, in practice, all delinquent real property taxes are withheld from the county's share of taxes, the Village receives 100 percent of the real property taxes it levies for real property taxes. See "Levy Limits" herein for information on additional limitations on Village tax levies. Set forth below are tax levies for Village purposes and the tax rate per $1,000 assessed valuation on all taxable property in the Village for collection years 2021 through 2025: Uncollected Personal Collection Village Village Property Taxes as of Percent of Levy Year Tax Rate Levy December 31st Collected 2025 $4.93 $7,598,469 -In Process of Collection - 2024 4.86 7,499,242 $5,708 95.62% 2023 6.01 7,473,914 2,158 98.40 2022 5.95 7,371,050 2,553 98.22 2021 5.89 7,226,116 593 100.00 Source: The Village. Rating Action: Moody's Ratings assigns Aaa to Village of Fox Point, WI's GO notes 30 Jun 2025 New York, June 30, 2025 -- Moody's Ratings (Moody's) has assigned a Aaa rating to the Village of Fox Point, WI's General Obligation Promissory Notes, Series 2025A with a proposed par amount of $9.9 million. We maintain the village's Aaa issuer rating and outstanding ratings. Following the sale, the village will have about $25 million of debt outstanding. RATINGS RATIONALE The Aaa issuer rating reflects the village's strong financial position and solid economic base near Milwaukee, balanced against its small scale of operations. The village's available fund balance will likely remain strong at around 50% of revenue because of growing property tax revenue and continued economic development activities. While audited financial information is not yet available for fiscal 2024 (ended December 31), preliminary results show the village recorded another year of surplus operations and the fiscal 2025 budget shows similar performance with no use of fund balance. The village benefits from strong resident income of around 190% of the US and full value per capita at $236,000. Leverage will grow to around 200% of revenue following the issuance of the notes and will remain moderate. The Aaa GOULT rating is at the same level as the Aaa issuer rating because of the village's full faith and credit pledge and authority to levy an unlimited property tax dedicated for the repayment of debt service. RATING OUTLOOK We do not assign outlooks to local government issuers with this amount of debt. FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATING - Not applicable FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATING - Material economic or tax base contraction, including diminished per capita wealth or resident income metrics - Material deterioration of available fund balance approaching 35% of revenue - Growth in long-term liabilities nearing 300% of revenue PROFILE The Village of Fox Point is located just north of Milwaukee along Lake Michigan. The village spans an area of approximately three square miles and serves about 6,800 residents. METHODOLOGY The principal methodology used in this rating was US Cities and Counties published in July 2024 and available at https://ratings.moodys.com/rmc-documents/425429 . Alternatively, please see the Rating Methodologies page on https://ratings.moodys.com for a copy of this methodology. REGULATORY DISCLOSURES For further specification of Moody's key rating assumptions and sensitivity analysis, see the sections Methodology Assumptions and Sensitivity to Assumptions in the disclosure form. Moody's Rating Symbols and Definitions can be found on https://ratings.moodys.com/rating- definitions. For any affected securities or rated entities receiving direct credit support/credit substitution from another entity or entities subject to a credit rating action (the supporting entity), and whose ratings may change as a result of a credit rating action as to the supporting entity, the associated regulatory disclosures will relate to the supporting entity. 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For the purposes of this disclaimer, "PRC" refers to the mainland of the People's Republic of China, excluding Hong Kong, Macau and Taiwan. 1 Table of Contents General Information .............................................................................................................. 3 General Fund – Fund #10 ....................................................................................................... 3 General Fund Revenues ............................................................................................................. 3 Taxes ..................................................................................................................................................... 3 Intergovernmental Revenue ................................................................................................................ 4 Fines and Forfeitures ............................................................................................................................ 4 Charges for Service ............................................................................................................................... 4 Other Revenue...................................................................................................................................... 5 General Fund Expenditures........................................................................................................ 5 Village Board/Village Manager/Village Clerk ...................................................................................... 5 Police Protection .................................................................................................................................. 6 Fire Protection ...................................................................................................................................... 7 Department of Public Works ............................................................................................................... 7 North Shore Public Library ................................................................................................................... 8 Parks, Recreation, and Forestry ........................................................................................................... 8 Sewer Utility – Fund #21 ........................................................................................................ 9 Sewer Fund Revenues ................................................................................................................ 9 Public Charges for Service .................................................................................................................... 9 Sewer Fund Expenditures .......................................................................................................... 9 Administration and General ................................................................................................................ 9 Sewer Fund Revenue and Expenditure Overview ..................................................................... 9 Recycling Fund – Fund #22 ..................................................................................................... 9 Recycling Fund Revenues ........................................................................................................... 9 Taxes ..................................................................................................................................................... 9 Intergovernmental Aids ....................................................................................................................... 9 Other Financing Sources .................................................................................................................... 10 Recycling Fund Expenditures ................................................................................................... 10 Recycling ............................................................................................................................................. 10 Recycling Fund Revenue and Expenditure Overview ............................................................. 10 Pool Fund – Fund #23 .......................................................................................................... 10 P ool Fund Expenditures ........................................................................................................... 10 Transfer to General Fund ................................................................................................................... 10 Inspections Fund – Fund #24................................................................................................ 11 Inspections Fund Revenue ....................................................................................................... 11 2 Licenses and Permits .......................................................................................................................... 11 Other Financing Sources .................................................................................................................... 11 Inspections Fund Expenditures ................................................................................................ 11 Inspections .......................................................................................................................................... 11 Inspections Fund Revenue and Expenditure Overview .......................................................... 11 The Inspections Fund had a slight increase in expenditures projected for FY2026; however, the projected revenue is expected to be down 19.97%, or approximately $40,450 ............... 11 Stormwater Utility – Fund #25 ............................................................................................. 11 Stormwater Utility Fund Revenue ........................................................................................... 11 Public Charges for Service .................................................................................................................. 11 Stormwater Utility Fund Expenditures .................................................................................... 12 Principal and Interest Expense .......................................................................................................... 12 Stormwater Utility Fund Revenue and Expenditure Overview .............................................. 12 Debt Service Fund – Fund #30 .............................................................................................. 12 Capital Projects Fund – Fund #40 ......................................................................................... 12 Water Fund – Fund #50 ....................................................................................................... 14 Conclusion .......................................................................................................................... 14 3 General Information The Village maintains the following fund types: General Fund-the primary operating fund of the Village which is used to account for all financial resources except those required in another fund. Special Revenue Fund -used to account for specific revenues that may be used only for certain specified purposes. Debt Service Fund-established to account for activity related to general long-term debt principal and interest. Enterprise Funds -established to account for the activities of the government which provides goods or services primarily to the public at large on a consumer charge basis. Most business type activities of government are accounted for and reported in this type of fund. ( Generally, water sewer and storm water) Trust/Agency Fund-used to account for assets held by the Village in a trust capacity or as an agent. (We serve as the Fiscal Agent for the North Shore Water Commission on rotation.) General Fund – Fund #10 The overview below describes changes to the General Fund for revenues and expenditures. This overview is not an itemized listing; however, these changes in revenues, expenditures , and overall categorical changes are mentioned for the purposes of providing an overview to the 2026 Budget proposal. General Fund Revenues Taxes Tax Levy: The Village of Fox Point general fund t ax levy is restricted by the State of Wisconsin. Under current State law , a municipality is allowed to increase its general fund levy over the amount it levied in the prior year by the percentage increase in equalized value from net new construction. This year that amount is . 64%. The net new construction levy allowed in 202 6 allows the Village a slight increase in its General Fund levy from an amount of $5,753,265 in 2025 to $5,790,423 in 2026. Tax Equivalent (Water): The Tax Equivalent for Water is a payment made by the Water Utility to the General Fund. The number is calculated per State S tatute and is based on the assets of the water utility. The number combines the local school taxes to factor in the two different mill rates. 4 The theory of the Tax Equivalent for Water is to put municipal utilities on the same financial basis as an investor -owned utility, which, in theory, makes municipal utilities competitive. The estimated Tax Equivalent for 2026 increased from $230,000 to $265,000. Delinquent Taxes: Delinquent Taxes are the fines and penalties paid for late tax payments. It is difficult to predict this number. The best prediction we can provide is a year-over-year average, and this budget amount has been increased slightly from last year’s estimate. Intergovernmental Revenue State Fire Insurance 2% Dues: Each year, the Industry Services Division (IS) of the Wisconsin Department of Safety and Professional Services (DSPS) makes a payment to the Village of Fox Point under the Wisconsin 2% Fire Dues Payments Program. This payment is passed through the Village Budget to the North Shore Fire Department. In 2026, the 2% Fire Dues are anticipated to increase by 8.4% and be $54,267. State of Wisconsin Street Aids: The State of Wisconsin Division of Transportation Street Aids for the Village of Fox Point is projected to be approximately $728,697. State of Wisconsin State Shared Revenue: The Village of Fox Point is anticipated to participate in the State Shared Revenue Program in 202 6. Our Shared Revenue amount is to be $ 289,679, a decrease over last year. State of Wisconsin Expenditure Restraint Program (ERP): The State generally funds the program with the same amount of money ever y fiscal year, and the amount of money per participant depends on the number of participants. We were last eligible for funds in 2023 and expect to receive no funds again in 2026. Fines and Forfeitures Fines and Forfeitures: The estimated revenue is slightly lower than the previous year, $85,000. While the court has been responsive to their budgetary needs and has utilized the administrative fees permitted by state law, the overall revenues are down through the court. This is partially attributed to less citations being issued, but also less compliance with the payment of forfeitures and the need for the municipal court to seek other remedies for payment. Charges for Service Charges for Service: When equipment owned by the General Fund is used by the Water Utility, Sewer Utility or Stormwater Utility, the General Fund is reimbursed for a portion of the cost of the equipment. This is done using a pre -determined hourly rate for the equipment. These charges are tracked through employee timecards. These amounts are hard to predict depending 5 on the repair work that occurs year to year, but we have reflected these amounts to remain largely static in 2026. Other Revenue Investment Income: The Village continues to have a strong financial position, as noted by the audit and investment advisors. In 2025, the investment income was bifurcated between the funds to show the earnings that each fund has generated, which may result in each fund appearing to have less income; however, the overall earnings are expected to be higher. General Fund Expenditures Before delving into the expenditures, given that a vast majority of our expenses are labor related, Village Board members should note that compensation increases for staff will be 3.5%. As a point of explanation, the general compensation increases are generally tied to the rate in the collective bargaining agreement with the FP PPA. Currently, there is no settlement with the FPPPA and the officers are operating on the expired contract, but it appears many COLA increases have settled at or above this percentage and our overall staff wages need to remain competitive if we want to recruit qualified talent. Further, municipal Wisconsin Retirement contributions in 202 6 will be 7.02% (an increase of 0.7%), health insurance costs increased an average of 7.52 % and Workers Compensation expenses have decreased slightly after a prior injury has been removed from the report. Village Board/Village Manager/Village Clerk Village Manager: The Village Manager’s budget is projected to remain relatively flat, with minor increases reflected in salaries and benefit costs. We continue to explore recruitment / retention options as the employee marketplace continues to shrink, including the possibility of offering a recruitment bonus to staff who secure new talent. This remains a point of discussion and is being presented as information for a future budget, not an included cost for 2026. Village Clerk /Treasurer: The Clerk /Treasurer budget is projected to remain relatively flat with minor increases reflected in salary and benefit costs. However, the Clerk is going to oversee four elections in 2026 and the associated costs to manage the elections has increased. This change is reflected in the elections section, as well as the Poll Workers section. Legal: The overall costs for legal services will see an increase in 2026 based on recent activity including the police contract negotiations, various personnel matters, and an increase in Village Board matters that require additional or substantial legal review. 6 Financial: This budget will show fluctuation related to position corrections. Additionally, we will see a significant increase in the Assessor costs with 2026 being a full reassessment year. Overall, the General Government budget is estimated to increase by $199,111, or 16.8%. One of the largest single expenses in the General Government is the retiree health benefits costs as we have one employee confirmed to retire in 2026 and a second employee likely to retire. Police Protection Salaries: Direct cash compensation for Officers will be adjusted consistent with the collective bargaining agreement once a settlement is reached and the budget has taken into account the costs for providing back-pay on the collective bargaining agreement. Overtime: Overtime usage has been well monitored by the Chief and was reduced by $5,000 in 2025. While we experienced some fluctuation during the 202 5 fiscal year with decreased staff numbers, the police department expects to hold the overtime within these parameters as new personnel are brought up to speed and moved into the regular staff assignments. Training: The Police Department prioritizes training of officers in a variety of topics that are relevant to the community, as well as national issues, in order to maintain the highest possible professional standards. It is expected that the Department may participate in several training topics during the upcoming year as a refresher (given that the officers have previously trained on these issues) related to the matters of de-escalation, professional communications, defense and arrest tactics, crisis intervention and implicit bias. A training priority identified as a priority is focused on training for incident management given the frequency of multiple public safety disciplines being utilized at a critical incident. Municipal Court: The Municipal Court is a separate entity from the police department; however, historically many of the daily operating costs were incorporated into the police budget due to the physical operating location of the court services. Beginning in 2026, the Municipal Court budget will begin to increase and the relevant costs will be removed from the police operations in an attempt to better assess the overall direct costs for operating the court. The Contract Services for police operations were reduced and a new line-item account was created in the court budget for ongoing software costs. In 2017, the Police Department received recognition from the Wisconsin Law Enforcement Accreditation Group for meeting the CORE standards of accreditation. This outside organization reviewed the agencies policies and practices to verify that we are meeting the core standards for a professional law enforcement organization. WILEAG reviews our practices and policies every three years to maintain this accreditation . T he Department has been reaccredited and will continue to submit for reaccreditation (accreditation is good for 3 years). 7 Dispatching Contract: The dispatch services provided by the Bayside Communications Center are provided under contract and increased by 4.14% in 2026. The budgeted amount for 202 6 has increased $13,536 bringing the 2026 cost to $340,510. Fire Protection North Shore Fire Department Operations: In September, 2025, the North Shore Fire Department (NSFD) Board of Directors approved the 2026 NSFD Budget. Under the formula, the NSFD action resulted in an expenditure increase for the Village of $53,575. North Shore Fire Department Capital Service: The above mentioned NSFD Budget also included capital projects in the amount of $77,902.93 for various Fire Department capital projects. North Shore Fire Department 2% Fire Dues: Each year, the Industry Services Division (IS) of the Wisconsin Department of Safety and Professional Services (DSPS) makes a payment to the Village of Fox Point under the Wisconsin 2% Fire Dues Payments Program. This payment is passed through the Village b udget to NSFD. In 202 6, the 2% Fire Du es payment is anticipated to be $54,267. Overall, the Public Safety budget is estimated to increase by $145,454 or 3.25%. Department of Public Works Snow and Ice Removal Materials: The Village makes annual purchases of salt for the Snow and Ice Removal Program. While we are constantly looking for locations to reduce or eliminate our usage, it appears that salt is one commodity which has not experienced a spike in cost as part of our consortium purchase. However; we have been able to purchase salt last year at a lower rate and experienced a lower usage in 2025 which resulted in a large supply on hand. I am recommending an expense of $75,000, slightly lower than last year. Fuel: Our cost of fuel has flattened off the peaks experienced in the second half of 2022, and has remained high but stable through 2023 , 2024, and 2025. Our consumption has not changed markedly, and we continue to pay on a Net10 basis so as to save .05 cents per gallon. In 2024 we budgeted conservatively (higher) to account for a potential spike in our cost, and while one is always possible due to a multitude of possible market disruptions, we are comfortable with the reduced amount presented in 2026. Based on these considerations and recent usage, the fuel budget was reduced to $65,000. Landfill Fees: These fees are estimated to remain $98,000. Overall, the Public Works budget is recommended to de crease by approximately $ 47,972, or 3.11%. 8 North Shore Public Library The Village of Fox Point participates in the North Shore Library with the Villages of Bayside and River Hills and the City of Glendale to provide library services to the community. Through a shared funding formula, the village paid $260, 617 to the library in 2025. The cost for 2026 is $269, 348, which is an increase of 3.34%. One of the most significant costs influencing this increase is the addition of property and liability insurance which was previous not funded. Parks, Recreation, and Forestry As noted in previous budget documents, the pool has operating costs, even when not in operation. In 2025, the physical structure was razed and the landscape restored. While this would infer that there is no longer a need for a pool budget, the expectation that the pool will be reconstructed and the Village will need (and has) an operational, capital and debt service budget for the pool remains. Currently there are administrative costs associated with the pool that are handled by Village Hall staff. Parks & Recreation: The maintenance costs for the repair of asphalt surfaces by crack filling are causing a significant spike in this budget section. This repair is necessary after the new asphalt surface was damaged by the winter freeze / thaw that occurred last winter due to the absence of a snow blanket. The estimated cost is $14,000. Forestry: The Director of Public Works presented a forestry canopy study to the Village Board at the recommendation of the Village Forester. The canopy study will be completed subsequent to receipt of a DNR grant which will provide funding for 50% of the estimated costs. NOTE: Before presenting the remaining funds, it may be clearer for the reader to understand that most of the impacts are driven primarily by a significant proposed street reconstruction, water, sewer, and storm water projects. In previous fiscal years, a budget not entirely in concert with the Director/Village Engineer request was presented; however, this year we identified a need to smooth our costs after several years of borrowing and have scaled the projects to meet that goal. With that said, the board will be required to review the projects, prioritize them for implementation, and decide on borrowing. For purposes of increased understanding, as in years past, I requested a brief synopsis from the Director/Village Engineer to give brief capital project(s) overview. This may provide additional clarification in a more concise format as you review the capital, sewer, storm water, and water utility funds. 9 Sewer Utility – Fund #21 Sewer Fund Revenues Public Charges for Service Sewer Revenue: The 2026 Budget anticipates a 1.13% increase in revenue. The Sewer Fund is estimating capital costs of $345,000 and will need to borrow for capital improvements. Sewer Fund Expenditures Administration and General MMSD Charges: MMSD increased their charges to the Village from $575,581 in 2025 to $599,731, an increase of 4.02%, following substantial increases in 2023, 2024, and 2025. (MMSD charges to the Village in 2022 were $457,147 or approximately 31% lower.) Sewer Fund Revenue and Expenditure Overview Overall expenditures are estimated to increase by $272,811. The Fund is estimated to finish 2025 with a fund balance of $986,704. Recycling Fund – Fund #22 Recycling Fund Revenues Taxes Village Tax Levy: No Village General Fund levy will be applied in 2026. Intergovernmental Aids Grants – State of Wisconsin: Each year the Village participates in the Recycling Grant program through the State of Wisconsin. In 2026, an estimated $58,585 is anticipated in grant funding, identical to previous years. 10 Other Financing Sources The Village Board will need to consider supplemental funding options for the recycling services including fund transfers / application of fund balances, increasing recycling fees, or reduction in services (bi-weekly or monthly collection). The current dumping cost is 69% of the State recycling grant and the staff costs to properly provide up-the-drive services exceeds $160,000 annually. AS a note, the recycling fees have not been adjusted since 2013. Recycling Fund Expenditures Recycling Salaries: The 2026 budget projects salary expenditures of $168,398 an increase of approximately $38,663 from 2025, or 29.8%. This increase is primarily attributed to reallocation of staff to the collection program after the program ran short during its inaugural year. Recycling Fund Revenue and Expenditure Overview Overall expenditures in the Recycling Fund are estimated to increase by $59,185 or 24.8% from FY 2025 to FY 2026. Please note that staff continues to look at options for garbage and recycling services as the drive-up service (scooters) is becoming cost prohibitive and equipment replacements will begin in the near future (roughly in 2027 or 2028 when the oldest scooters will be about 7 years old). Pool Fund – Fund #23 Pool Fund Expenditures Transfer to General Fund Transfer to General Fund : The Pool Fund has been modified to account for the removal of the physical structure. Historically, DPW personnel were allocated to the pool fund for the maintenance of the facility. Given the possibility of a municipal pool in the future, the administrative positions remain funded in the pool fund. 11 Inspections Fund – Fund #24 Inspections Fund Revenue Licenses and Permits Licenses and Permits: It is estimated that permit revenue will decrease in 2026. While the values of the permits appear to be rising, our permit activity has begun to decline. Other Financing Sources Other Financing Sources: The Inspections Fund requires no subsidy in 2026. Inspections Fund Expenditures Inspections Inspections: Overall, expenditures in the Ins pections Fund a re budgeted to increase by $5,432.00. In 2025 there was shifting of some Staff salaries to I nspections to reflect the time spent on Board of Appeals and related activities. Inspections Fund Revenue and Expenditure Overview The Inspections Fund had a slight increase in expenditures projected for FY2026; however, the projected revenue is expected to be down 19.97%, or approximately $40,450 Stormwater Utility – Fund #25 Stormwater Utility Fund Revenue Public Charges for Service Stormwater User Revenue: Stormwater revenue is expected to increase slightly in 2026, with an estimated increase in $1 9,000. As in previous years, this fund will face pressures on its financial condition due to the cost of the projects as well as the relatively low rates paid by rate payers. 12 Stormwater Utility Fund Expenditures Principal and Interest Expense Principal and Interest: In 2020, the Village Manager recommended that the Village make Storm Water capital project a larger general Village obligation insofar as proposed expenditures are reflected in the Capital Fund. This does a few things; given that the projects would need to be borrowed for regardless, this makes the obligation a general one and not just of a fund which should frankly add to its cash position and whose revenues would be monitored so as not to over commit in the future with future debt service. As the storm water fund has grown its fund balance from the low $200,000 range to $2,619,588 by December 31, 202 5, the storm water fund will begin to reclaim some of its financial programmatic obligations. Stormwater Utility Fund Revenue and Expenditure Overview There are a number of stormwater projects anticipated for 2026 which include the following: • Green infrastructure maintenance ($40,000 – 25-53800-234) • NR216 compliance testing, preparation of a Letter of Map Revision (LOMR) related to the 100-year floodplain and bacteria testing along Indian Creek ($50,000 – 25-91500-800). • Additional funding is proposed for miscellaneous storm sewer projects that need to be addressed throughout the year ($100,000 – 25-91500-835). Debt Service Fund – Fund #30 Debt Service Fund levy for 2026 is proposed to be $2,406,681, an increase of $258,546 or 12.0% from 20 25. The debt principal has increased significantly with recent borrowing which has resulted in an overall increase. Capital Projects Fund – Fund #40 The detail for this fund is incorporated by reference under its appropriate tab. Revenues and Expenditures for the Capital Projects Fund have been proposed to increase from a budge ted amount of $ 3,359,305 in 2025 to $3,912,255 in 2026. Mr. Brandmeier’s capital improvement memo delineates with more specificity his recommended capital improvement projects across 13 the storm water, sanitary, water, and general street and utility functions. Other departments capital impacts are deminimus. The major projects this year are the Beach Drive (hill) project and the Thorne Lane projects. Additionally, we will see the need to modify the Bradley Road pathway if the DOT installs the railroad gates on Bradley Road. Other Capital Projects. DPW is also proposing additional capital projects, including the initial design activities for the 2027 design activities for Daisy, Bridge, Allen and Dean Roads. The General Government (Village Hall) function is anticipated to have two significant items in the Capital Budget: • Repair the Village Hall chiller, the cooling portion of the HVAC system, to provide climate control in the Village Hall – estimated $125,000. • Replace the garage door operators, cables, springs, and rollers I recommend the replacement of the following pieces of equipment within the department of public works: • Two (2) 5-yard dump truck with plow, wing blade, and salter • Pressure Washer • Replacement of the Inspectors truck, originally purchased in 2007 • Purchasing a new SCAG zero turn mower Also included are dollars for one police car; you have authorized this commitment previously. I am proposing a budget with operational free cash flow, similar to prior years budgets . This allows us to absorb unexpected expenses, necessary expenses which are above budgetary expectations, or to allow us to grow fund balance and save cash for a rainy day. We also generally budget conservatively. I have included a Fund Balance worksheet for the General Fund Fund Balance within this budget. Resolution 2009-32 Requirement (10% of General Fund Operating Budget) is easily met as the General Fund Fund Balance is estimated to be well above that threshold. 14 Our Fund Balance estimates are below: Fund Balance Estimates As of 12/31 2024 (audit) 2025 (est) 2026 (est) General $4,436,580 $4,662,162 $4,239,559 Water $689,545 $1,038,586 $1,706,158 Sewer $587,741 $815,815 $986,704 Storm $612,864 $612,956 $2,619,588 Water Fund – Fund #50 While the actual “operation” of the water fund is largely unchanged in 202 6, we continue to invest in our infrastructure. The full PSC rate case decision of a few years ago has been a positive and needed revenue enhancer for the water fund. In 2025 we had a new rate case from the PSC which resulted in an increase in the rate; however, with the loss of the Cardinal Stritch property we have seen a decease in volume. We are expecting a mild return in volume for 2026 but not to extent when Cardinal Stritch was operating. To fund capital and operational projects in 2026, I am recommending that the water utility receive a transfer from fund balance in the amount of $747,371. Conclusion We have an immense amount of deferred maintenance ( in our streets and water lines particularly, less so in our sewer) , and storm water is a utility that will struggle providing more complex work than sometimes it can fund solely on its own. We should use our strong financial position and relatively small amount of debt outstanding to invest in our community for the long- term. The potential costs are not small; they are never going to be small. Notwithstanding, by investing in this infrastructure, we can continue to provide quality service and reduce the amount of emergency repairs and costs incurred with deferred maintenance as the community continues to age. We also create a framework for what Fox Point will be many years in the future. We leave a legacy of foresight and intelligent use of financial resources which and never unlimited. 15 This is not a young communit y and, for many years, we have been able to defer infrastructure investment because those who came before us invested in the infrastructure for us. Now it is our time to invest in this same infrastructure. The Public Works infrastructure projects are the most significant Village matter in recent budgets and a new municipal facility is the only project that would overshadow our infrastructure projects. The remaining part of the budg et itself, almost exclusively operational, isn't greatly changed and our financial operation is healthy; however, these operational costs continue to increase and we need to prioritize the discussion of service delivery and the associated fees. As our opportunities for revenue continue to decline , we must have the extremely challenging conversation about our service delivery model and options to implement more efficient services; a difficult decision based on our history. This budget is a product of our dedicated and highly competent team working together to prioritize projects and utilize cost saving measures to continue providing exceptional service to the community. Please take the time to review this document completely before the budget meeting and contact me prior to the meeting with any questions you might have. Thank you for your time and consideration. I look forward to discussing this budget with you at our workshop. 1 To: Village of Fox Point Village Board From: Scott Brandmeier, Director of Public Works Through: Chris Freedy, Interim Village Manager Date: August 5, 2025 Re: 2026 Proposed Capital Improvement Program and Operating Recommendations The proposed 2026 Proposed Capital Improvement Program (CIP) and Operating Recommendations includes proposed fee increases, implementation of additional fees, and presentation of capital projects which includes changes from the August 2025 CIP presentation. Operating Recommendations and Fee Increases 1. The Permit and fee schedule was last updated in approximately 2012. Other North Shore Communities permit and fee structures were reviewed and the below recommendations are in line with these communities: a. Fill permit (account 10-44480) – currently charge $400 plus a $250 deposit related to reviews of the permit application. Recommend increasing the fee to $1,000 and maintaining the additional $250 deposit. Estimated additional revenue (based on six permits each year) is $3,600. b. Grading and drainage permit (account 10-46315) – current charge is $400 for review of grading and drainage plans (though consulting costs are passed directly through to the applicant). Recommend increasing the fee to $800; estimated additional revenue based on three permits per year is $1,200. c. Erosion control permits (accounts 10-44495 ($1,200 budgeted revenue) and 10- 46310 ($2,500 budgeted revenue) – current charge is $400 for residential properties and $500 plus for non-residential and multi-family properties. Recommend increasing the fee for residential permit applications to $800 (additional revenue based on five permit applications is $2,000) and $1,500 for non-residential and multi-family parcels (one permit per year resulting in increased revenue of $1,000). Total additional estimated revenue is approximately $2,500.  Page 2 d. Culvert permit (10-44510) – currently charge is $75 per permit. Recommend increasing the permit fee to $100. Estimated additional revenue $250 based on ten permits each year. e. Right of way permits. Permit fees are $200 per permit. Larger projects (gas mains, telecommunications, etc.) incur additional fees including $200 per excavation and $0.30/foot of line to be installed. The rationale is that staff has to inspect all the excavations and installations to ensure the areas are properly restored. i. Gas (10-44520) – budgeted revenue $10,000. ii. Other permit (10-44540) – budgeted revenue $7,500. Includes fees for mailbox post installation(currently $150), floodplain development permit (new permit fee created this year), grading and drainage applications, etc. iii. ROW electrical (10-44545) – budgeted revenue $500. iv. ROW telephone (10-44550) – budgeted revenue $0. v. ROW cable (10-44555) – budgeted revenue $7,500 vi. ROW excavation (10-44560) – budgeted revenue $400. vii. Recommend increasing the ROW permit fee to $300, $250 per excavation and $0.50/foot of service/line to be installed .The ROW permit fees vary significantly depending on Village planned projects and the utility companies planning work in the Village. viii. Also recommend increasing mailbox post installations to $250. f. Recycling fee. The recycling fee is currently $19.50 per quarter ($78/year) and past increases have not kept pace with increased cost of providing this service. The fee generates approximately $188,000 in revenue but there is a projected deficit of $115,000 in 2026. The following option for a fee increase is provided for the Board to consider: i. Increase the fee $13.00 per quarter (an approximate 4% increase since 2013). This would result in approximately $125,000 in additional revenue. ii. Considerations: 1. The cost for yard waste and leaf collection activities is approximately $210,000 and is figured into the DNR recycling report. 2. Shift these costs to the recycling fund and implement an $80 annual fee ($20/quarter) which would result in revenue of about $192,000. 3. If the Village Board increases the recycling fee to $32.50 per quarter and implements a yard waste and leaf collection fee of $20 per quarter (a total of $210/year), the weekly cost to each resident for these services is approximately $4.  Page 3 g. Please note that pursuant to State Law (Wis. Stats. Sec. 66.0602 (2m), the Village could adopt a garbage fee but would have to reduce the levy by the corresponding amount of the fee. As a result, I recommend that the Village not adopt a garbage fee. 2. Operational challenges: a. The largest operational challenge is the labor-intensive nature of our collection activities combined with the fact that DPW has been short-staffed anywhere from one to three laborers for approximately the last fifteen (15) months. Over a roughly two-year period, we’ve lost six staff members. Challenges to fill these positions include a lack of qualified candidates, the labor-intensive nature of our collections, and present pay structure. b. Collecting garbage inside the garage. DPW has performed this service for approximately 141 properties (about 6% of all the homes) whereby we enter the access codes to open and close the garage door and remove and replace the garbage bins from the garage. Staff estimates this access adds an extra 5 minutes per household, adding about 12 hours more each week collecting garbage from these homes. i. The additional cost to provide this service is approximately $42,000 annually (loaded wage and scooter cost). The additional time during which the garbage packer idles adds another $31,000 per year. ii. The approximate annual cost per household to provide in-the-garage garbage collection is $298 (labor and scooter only) or $520 (labor, scooter and packer) or about $6 to $10 per household per week. These costs do not include any administrative costs associated with missed collections, etc. because the garage code didn’t work, etc. iii. Recommendation: Create a special collection fee of $600 annually to cover labor, equipment and administrative costs. 2026 Capital Recommendations 3. Since presentation of the 5-year capital plan in August, DPW staff has met with our consultant and obtained updated cost estimates for the road and utility projects on Beach Drive and Thorne Lane. a. The estimated cost to reconstruct Beach Drive rose about $400,000 to $1,900,000 (includes construction management costs) while the estimate to reconstruct Thorne Lane increased about $200,000. b. Given the additional estimated cost combined with the equipment needs, I am recommending that Thorne Lane be postponed to 2027, Bell and Yates be postponed to 2028, and Dean, Allen, Bridge and Daisy be postponed to 2029. c. The other contributing factor in this decision is that the Capital Projects Fund does not have a fund balance and eliminating the Thorne Lane project (approximately $1.1 million) results in a Net Capital Projects Fund balance of a negative $3.8 million. 4. The two Beach Drive jetties are included in the 2026 capital and, based on the bids received this year, the budget has been increased to $800,000.  Page 4 5. Replacement of the following pieces of equipment: a. Truck Nos. 5 and 11 (or 20). b. The inspector’s vehicle. c. A zero-turn lawn mower. d. Pressure washer for the DPW garage. 6. Facility related improvements: a. Replacing the chillers (these failed about a month ago and need to be repaired/replaced to provide AC to parts of Village Hall). b. Replacing springs and rollers on the overhead garage doors. c. Repairing ($75,000) or replacing ($350,000) the Village Hall/DPW roof. Some cost may be FEMA reimbursable. 7. Stormwater related activities: a. Replace the storm sewer pipe along Fox Lane from Goodrich to the east. b. Replace the storm sewer pipe in the 7900 block of North Lake Drive. c. Repair damaged infrastructure from August 2025 storm event. Please note that, if FEMA approves our costs, we estimate that 90% of the estimated $340,000 cost (or about $306,000) will be covered by FEMA and WEM. d. Perform regular maintenance of the green infrastructure locations including, but not limited to, Beach Drive and Indian Creek. 8. Sanitary sewer related activities: a. DPW staff received a letter of noncompliance for Sanitary Sewer Basin Nos. 1 and 2 from MMSD in January 2025 noting that our peak flows into the MIS exceeded the allowable flows. b. Nonetheless, as we normally recommend, we are proposing lining approximately 4,000 feet of sewer mains (about $300,000 for design, construction and inspection). c. We are also proposing continuing our televising program, but focusing on Basin Nos. 1 and 2 ($45,000). 9. Water main related activities: a. If Thorne Lane is moved to 2026, the Village can build up the fund balance in the water utility fund due to few capital projects in 2026. b. Continue with meter installs ($100,000). c. Continue design for Thorne Lane (about $10,000) and lead lateral replacements ($20,000). d. The Board could consider undertaking lead lateral replacements in 2026 ($250,000). 10. Proposed Additional Operating Costs: I am also proposing changes in a number of operating costs due to a variety of factors (in some cases, increased material and fuel costs):  Page 5 a. 10-51600-231 – elevator maintenance is proposed to be decreased from $13,000 to $4,000. b. 10-51600-234 – increasing the Village Hall maintenance budget $5,000 to $30,000 to account for the age of the facility. c. 10-51600-396 – Village open house is proposed to increase from $10,000 to $25,000 to afford the Centennial Committee flexibility in securing resources for the proposed Centennial celebration in 2026. d. 10-53630-370 – maintaining the solid waste disposal fee at $98,000. We currently pay about $55 per ton in 2025 which will increase to about $57 per ton in 2026. e. 10-53642-400 – reducing the yard waste disposal fee from $22,000 to $17,000. f. 10-53700-341 – increasing the repair parts budget to $70,000 from $65,000 to account for the age of the equipment, the inability to get new vehicles and equipment delivered timely, and supply chain issues. g. 10-53700-343 – decreasing the fuel budget from $75,000 to $62,500. Fuel costs have remained relatively unchanged throughout 2025 and we hope will remain relatively stable throughout 2026. 11. Continuing with Emerald Ash Borer (EAB) activities including treatment and removal of ash trees and replanting diverse species in areas throughout the Village. VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 1 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget GENERAL FUND T AXES 10-41100 VILLAGE TAX LEVY 5,714,653 5,735,364 5,753,265 5,728,831 5,790,423 10-41200 TAX EQUIVALENT (WATER) 269,558 267,844 230,000 172,494 265,000 10-41300 DELINQUENT TAXES 37,443 28,644 30,000 36,561 35,000 10-41500 TAXES FROM EXEMPT ENTITIES 24,489 26,232 26,500 23,459 23,600 10-41600 EXEMPT - COMPUTER REVENUE 36,905 7,042 7,025 25,488 18,446 10-41611 STATE VIDEO SERV PROVIDER AID .00 29,863 22,837 29,863 7,025 T otal TAXES: 6,083,048 6,094,989 6,069,627 6,016,695 6,139,494 INTERGOVERNMENT AL REVENUE 10-43510 GRANTS - TRAFFIC ENFORCEMENT 46,670 40,908 38,500 9,782 38,500 10-43520 STATE FIRE INSURANCE 2% DUES 42,636 50,024 50,025 54,267 54,267 10-43530 WISCONSIN STATE STREET AIDS 566,212 627,886 640,513 479,998 728,697 10-43540 STATE SHARED REVENUE 95,574 324,028 329,999 91,513 289,679 10-43600 SPENDING RESTRAINT 71,440 .00 49,428 .00 .00 10-43700 COMMUNITY DEVELOPMENT BLOCK GR 6,600 6,200 7,200 .00 6,500 T otal INTERGOVERNMENTAL REVENUE: 829,132 1,049,045 1,115,665 635,561 1,117,643 LICENSES & PERMITS 10-44120 LIQUOR/TOBACCO LICENSES 7,481 5,354 4,000 6,546 6,500 10-44210 BICYCLE LICENSE 50 10 50 10 50 10-44220 DOG & CAT LICENSE 1,943 1,256 1,000 790 1,000 10-44300 CABLE FRANCHISE FEES 56,311 54,120 63,000 24,516 55,000 10-44305 VIDEO SERVICE FRANCHISE FEE 17,229 15,120 21,600 6,299 15,000 10-44480 FILL PERMIT 1,990 650 2,400 2,640 2,400 10-44490 HAUL PERMIT .00 .00 150 .00 100 10-44495 EROSION CONTROL PERMIT .00 .00 1,200 .00 1,200 10-44500 ESTATE SALES PERMIT 200- 250 350 300 200 10-44505 SIGN PERMIT - ESTATE SALES 50 100 100 .00 100 10-44510 CULVERT PERMIT 675 675 750 450 750 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 2 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-44520 GAS MAIN P ERMIT 15,200 10,278 10,000 7,000 10,000 10-44530 PEDDLER'S PERMIT 964 1,179 1,200 1,408 1,200 10-44535 SIGN PERMIT 710 790 700 140 350 10-44540 OTHER PERMIT 10,095 5,806 7,500 3,520 6,500 10-44545 RIGHT-OF-WAY/ELECTRICAL SRVCS 800 7,596 500 400 1,000 10-44550 RIGHT-OF-WAY/TELEPHONE SRVCS .00 4,012 .00 364 1,000 10-44555 RIGHT-OF-WAY/CABLE SRVCS 10,000 .00 7,500 .00 3,500 10-44560 RIGHT-OF-WAY/EXCAVATION 4,725 1,363 400 1,000- 400 10-44570 ATHLETIC EVENTS PERMIT 1,250 450- 2,000 2,050 2,000 10-44580 HOME OCCUPATION PERMIT 140 140 150 70 150 10-44585 SPECIAL EVENT PERMIT 1,109 691 1,100 566 1,100 T otal LICENSES & PERMITS: 130,522 108,938 125,650 56,069 109,500 FINES/FORFEITURES 10-45100 FINES/FORFEITURES 68,469 1 11,861 92,000 65,587 85,000 T otal FINES/FORFEITURES: 68,469 111,861 92,000 65,587 85,000 CHARGES FOR SER VICE 10-46110 SPECIAL ASSESSMENT LETTERS .00 .00 .00 .00 .00 10-46120 SNOWPLOWING - PRIVATE ROAD 6,400 6,200 6,400 .00 6,400 10-46130 SALE OF DATA 1 .00 .00 .00 .00 10-46135 TELECOMMUNICATIONS 2,929 4,122 29,500 27,400 28,222 10-46213 FINGERPRINT FEE 180 60 200 150 150 10-46214 ADMINISTRATIVE WARRANT FEE 25 50 50 .00 50 10-46310 CONSTRUC. EROSION CONTROL FEE 400 2,400 2,500 3,150 2,500 10-46315 PLAN REVIEW - GRADING/DRAINAGE .00 .00 1,200 .00 .00 10-46320 SPECIAL PICKUP 11,387 10,500 12,000 8,550 8,500 10-46350 MAIL POST SALES 3,200 3,000 2,000 2,000 2,000 10-46421 EQUIPMENT RENTAL SEWER 16,448 10,945 15,000 .00 13,500 10-46425 EQUIPMENT RENTAL - STORMWATER 70,437 51,366 70,500 .00 70,000 10-46500 EQUIPMENT RENTAL W/U 24,341 72,581 25,000 3,033 55,000 10-46710 PAVILION RENTALS 4,370 4,360 4,000 6,010 5,000 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 3 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal CHARGES FOR SERVICE: 140,118 165,584 168,350 50,293 191,322 OTHER REVENUE 10-48100 INVESTME NT INCOME 200,319 333,919 300,000 424,451 325,000 10-48200 SUNDRY - OTHER INCOME 169,949 34,986 35,000 16,696 30,000 10-48201 INTERES INCOME - LEASES 28,898 28,480 6,000 5,731 6,000 10-48205 MISC. REVENUE/TAXABLE .00 35 .00 .00 .00 10-48210 COPIES 17 5 50 10 25 10-48220 ALARMS 600 500 400 250 400 10-48230 TENNIS COURTS 2,200 1,600 3,000 1,750 2,000 10-48260 INSURANCE REIMBURSEMENT 7,329 48,461 20,000 41,952 22,500 10-48320 PROCEEDS - SALE OF EQUIPMENT 2,000 2,947 1,500 1,041 1,500 10-48325 CHARGE BACK 46,130 13,503 7,500 14,201 10,000 T otal OTHER REVENUE: 457,443 464,436 373,450 506,082 397,425 OTHER FINANCING SOURCES 10-49230 TRANSFERS FROM INS PECTION FUND 175,000 .00 50,000 .00 .00 T otal OTHER FINANCING SOURCES: 175,000 .00 50,000 .00 .00 GENERAL GOVERN MENT 10-51100-191 BOARD RECOGNITION .00 375 400 .00 375 10-51100-210 CONTRACT SERVICES .00 1,021 1,200 .00 1,200 10-51100-310 SUPPLIES/EXPENSES 5,991 531 750 446 2,800 10-51100-321 PROFESSIONAL DUES/MEETINGS 4,659 241 5,600 .00 5,600 10-51100-322 TRAINING 226 .00 250 2,676 1,000 10-51100-396 VILLAGE OPEN HOUSE .00 .00 .00 5,444 .00 T otal VILLAGE BOARD: 10,877 2,168 8,200 8,566 10,975 10-51200-1 10 JUDGE 4,800 12,626 4,800 4,000 4,800 10-51200-120 COURT CLERK 33,267 26,554 35,105 27,148 36,331 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 4 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-51200-14 0 DEFERRED COMPENSATION .00 124 124 124 124 10-51200-150 WISCONSIN RETIREMENT 2,262 2,360 2,450 2,005 2,559 10-51200-151 SOCIAL SECURITY 2,585 2,615 2,695 2,226 2,789 10-51200-152 LIFE INSURANCE 30 31 31 26 31 10-51200-153 HEALTH INSURANCE 16,738 18,641 20,365 18,694 20,848 10-51200-210 CONTRACT SERVICES .00 .00 .00 .00 5,625 10-51200-310 SUPPLIES/EXPENSES 900 1,102 1,200 1,368 1,300 10-51200-322 TRAINING 320 .00 .00 .00 .00 10-51200-395 COUNTY COURT FEES 23,224 33,556 25,000 19,476 25,000 T otal JUDICIAL: 84,127 97,609 91,770 75,067 99,407 10-51300-21 0 CONTRACT SERVICES .00 .00 .00 400 .00 10-51300-211 LABOR ATTORNEY .00 5,304 2,000 13,288 5,000 10-51300-218 VILLAGE ATTORNEY 110,204 104,721 70,000 55,478 100,000 10-51300-219 VILLAGE PROSECUTOR 7,335 9,328 10,000 10,005 10,000 T otal LEGAL: 117,539 119,352 82,000 79,170 115,000 10-51410-1 10 VILLAGE MANAGER 113,130 126,429 113,506 85,480 58,900 10-51410-120 ASSISTANT VM SALARY 40,052 33,359 42,105 32,712 43,578 10-51410-140 DEFERRED COMPENSATION .00 260 400 400 400 10-51410-150 WISCONSIN RETIREMENT 10,389 10,696 10,835 8,933 7,211 10-51410-151 SOCIAL SECURITY 11,402 11,508 11,925 8,976 7,859 10-51410-152 LIFE INSURANCE 49 49 49 39 37 10-51410-153 HEALTH INSURANCE 12,069 13,347 14,506 14,222 25,704 10-51410-191 EMPLOYEE RECOGNITION .00 .00 2,000 2,066 2,000 10-51410-210 CONTRACT SERVICES .00 .00 .00 .00 50,000 10-51410-310 SUPPLIES/ MISC EXPENSES 111 446 250 83 500 10-51410-321 PROFESSIONAL DUES/MEETINGS 92 860 1,000 779 1,000 10-51410-322 TRAINING 764 998 1,000 .00 1,000 T otal VILLAGE MANAGER: 188,058 197,951 197,576 153,690 198,189 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 5 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-51420-1 10 CLERK/TREASURER 64,372 78,565 67,671 52,575 70,040 10-51420-130 DEPUTY CLERK 49,240 46,536 54,400 42,264 56,304 10-51420-140 DEFERRED COMPENSATION .00 320 400 400 400 10-51420-150 WISCONSIN RETIREMENT 7,722 8,337 8,507 6,865 8,891 10-51420-151 SOCIAL SECURITY 7,852 9,614 9,362 7,234 9,689 10-51420-152 LIFE INSURANCE 67 39 34 31 34 10-51420-153 HEALTH INSURANCE 42,251 32,431 48,295 18,703 20,848 10-51420-310 SUPPLIES/EXPENSES 3,412 4,918 2,700 103 2,500 10-51420-321 PROFESSIONAL DUES/MEETINGS 202 190 450 235 535 10-51420-322 TRAINING 3,325 1,983 3,250 2,546 3,250 10-51420-323 OFFICIAL PUBLICATIONS/NOTICES 181 783 200 91 200 T otal VILLAGE CLERK/TREASURER: 178,625 183,715 195,269 131,047 172,691 10-51440-23 3 EQUIPMENT MAINTENANCE 1,515 790 1,500 616 1,500 10-51440-310 SUPPLIES/EXPENSES 5,222 8,395 4,000 3,542 6,000 10-51440-321 DUES/TRAINING 652 648 200 65 600 T otal ELECTIONS: 7,388 9,833 5,700 4,224 8,100 10-51450-12 3 POLL WORKERS 5,678 20,629 21,000 14,498 32,000 10-51450-151 SOCIAL SECURITY 434 1,560 1,610 1,127 2,450 T otal POLL WORKERS: 6,112 22,190 22,610 15,625 34,450 10-51520-1 10 FINANCIAL MANAGER .00 29,272 27,200 20,173 59,699 10-51520-120 DEPUTY FINANCIAL MANAGER 57,047 54,302 57,680 45,772 28,152 10-51520-130 ADMINISTRATIVE ASSISTANT - A/P 12,274 11,747 12,985 9,979 13,438 10-51520-140 DEFERRED COMPENSATION .00 196 314 446 314 10-51520-150 WISCONSIN RETIREMENT 4,646 6,500 6,821 5,521 7,129 10-51520-151 SOCIAL SECURITY 4,856 6,707 7,509 5,659 7,769 10-51520-152 LIFE INSURANCE 43 50 50 41 49 10-51520-153 HEALTH INSURANCE 13,258 17,666 24,957 23,012 25,546 10-51520-321 PROFESSIONAL DUES/MEETINGS 85 110 200 145 200 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 6 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-51520-32 2 TRAINING 762 1,084 1,500 1,022 1,500 T otal FINANCIAL ADMINISTRATION: 92,972 127,634 139,216 111,771 143,796 10-51530-21 0 CONTRACT SERVICES 46,239 34,802 34,100 28,918 45,800 10-51530-310 SUPPLIES/EXPENSES .00 213 .00 535 600 T otal ASSESSOR: 46,239 35,015 34,100 29,453 46,400 10-51600-21 0 CONTRACT SERVICES 95,796 131,248 110,000 116,365 130,000 10-51600-220 GAS-HEAT 6,359 4,753 7,000 4,057 6,000 10-51600-221 ELECTRIC UTILITIES 16,543 16,844 17,000 12,253 17,000 10-51600-222 TELEPHONE UTILITIES 766 804 1,000 596 1,000 10-51600-223 WATER/SEWER UTILITIES 3,319 3,442 3,500 2,586 3,500 10-51600-231 ELEVATOR MAINTENANCE 2,924 4,690 13,000 3,802 4,000 10-51600-234 VILLAGE HALL MAINTENANCE 53,912 75,870 25,000 41,601 30,000 10-51600-310 SUPPLIES/MISC EXPENSES 4,712 7,942 7,000 6,743 7,000 10-51600-311 POSTAGE 9,429 10,800 10,000 5,400 12,000 10-51600-396 VILLAGE OPEN HOUSE .00 357 10,000 349 25,000 T otal GENERAL BUILDINGS: 193,760 256,750 203,500 193,752 235,500 10-51700-15 6 UNEMPLOYMENT COMPENSATION .00 .00 .00 4,440 .00 10-51700-510 INSURANCE 110,003 109,730 115,650 112,798 115,000 10-51700-511 GROUP HEALTH - RETIREES 103,501 120,416 44,000 100,261 140,015 10-51700-513 WORKER'S COMPENSATION 67,988 58,199 66,562 50,731 50,025 T otal INSURANCE: 281,492 288,344 226,212 268,230 305,040 10-51900-15 5 SECTION 125 - FLEX BEN 3,813 3,581 3,250 2,950 3,500 10-51900-399 BANK SERVICE FEE .00 93 200 .00 .00 10-51900-501 SALES TAX EXPENSE 188 .00 250 229 250 10-51900-518 BAD DEBT EXPENSE 1,187 1,000 1,000 127 1,000 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 7 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal OTHER GENERAL GOVERNMENT: 5,187 4,674 4,700 3,306 4,750 T otal GENERAL GOVERNMENT: 1,212,376 1,345,236 1,210,853 1,073,901 1,374,298 PUBLIC SAFETY 10-52100-1 10 SALARIES 1,457,402 1,487,652 1,584,245 1,126,355 1,682,380 10-52100-111 OVERTIME 49,718 39,515 43,000 48,649 43,000 10-52100-112 SUPERVISORY PAY 3,903 3,591 4,500 4,362 4,500 10-52100-113 COMPENSATION - COURT 1,532 410 1,000 1,191 1,000 10-52100-114 COMPENSATION - SCHOOL 5,235 3,392 4,000 2,207 4,000 10-52100-115 COMPENSATION - PISTOL 1,344 1,373 5,000 2,286 5,000 10-52100-116 TRAFFIC TASK FORCE 24,812 29,468 38,500 11,973 38,500 10-52100-117 SHIFT TRANSFER PREMIUM 2,450 2,050 3,000 1,375 3,000 10-52100-121 AUXILIARY PAY .00 .00 .00 29 .00 10-52100-140 DEFERRED COMPENSATION 2,650 3,250 3,500 3,300 3,500 10-52100-141 HOLIDAY 57,979 60,046 59,831 14,584 63,327 10-52100-150 WISCONSIN RETIREMENT 212,781 231,081 263,210 189,552 272,826 10-52100-151 SOCIAL SECURITY 119,721 118,230 133,613 91,662 140,075 10-52100-152 LIFE INSURANCE 593 579 577 469 589 10-52100-153 HEALTH INSURANCE 329,021 357,664 412,820 340,488 402,845 10-52100-180 RECRUITMENT 2,361 1,232 3,000 3,340 3,000 10-52100-210 POLICE MAINTENANCE CONTRACTS 24,471 25,851 32,000 17,552 29,000 10-52100-217 DISPATCHING CONTRACT SERVICES 313,023 316,779 326,974 326,974 340,510 10-52100-220 GAS UTILITIES 6,490 5,188 8,500 4,476 8,500 10-52100-221 ELECTRIC UTILITIES 23,247 23,052 25,300 17,001 25,300 10-52100-222 TELEPHONE UTILITIES 15,189 16,881 17,000 12,304 17,000 10-52100-223 WATER/SEWER UTILITIES 5,784 6,090 6,500 4,567 6,500 10-52100-232 VEHICLE MAINTENANCE 4,916 7,034 6,000 3,640 6,000 10-52100-233 EQUIPMENT MAINTENANCE 10,961 12,181 15,000 6,884 15,000 10-52100-234 BUILDING MAINTENANCE 7,763 8,274 10,000 6,104 10,000 10-52100-238 RADIO MAINTENANCE 275 353 1,000 .00 1,000 10-52100-310 SUPPLIES/EXPENSES 1,765 2,753 3,000 1,445 3,000 10-52100-322 TRAINING 348 692 1,500 470 1,500 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 8 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-52100-33 0 CLOTHING ALLOWANCE 13,352 12,776 17,980 12,544 17,980 10-52100-334 JANITORIAL SUPPLIES 3,562 2,949 3,500 2,242 3,500 10-52100-335 SCHOOL EXPENSES 12,590 8,450 14,450 9,835 14,450 10-52100-336 TELETYPE 1,536 1,587 1,600 1,485 1,600 10-52100-343 FUEL 19,569 21,575 25,000 14,141 22,500 10-52100-350 BIKE/PERSONAL SAFETY EXPENSE 55 43 100 .00 100 10-52100-351 DARE FUND PURCHASES 452 504 900 532 900 T otal POLICE: 2,736,850 2,812,544 3,076,100 2,284,018 3,191,882 10-52200-22 4 NORTH SHORE FIRE DEPARTMENT 1,202,281 1,216,969 1,236,008 1,236,008 1,289,583 10-52200-377 2% FIRE DUES(NSFD) 42,636 50,024 50,025 54,267 54,267 T otal FIRE PROTECTION: 1,244,917 1,266,993 1,286,033 1,290,275 1,343,850 10-52300-1 10 SALARIES 47,360 53,972 55,167 42,012 57,098 10-52300-111 OVERTIME 41 .00 100 .00 100 10-52300-119 PART-TIME EMPLOYEE WAGES 698 398 1,000 29 1,000 10-52300-140 DEFERRED COMPENSATION .00 200 200 200 200 10-52300-150 WISCONSIN RETIREMENT 3,009 3,736 3,925 3,108 4,098 10-52300-151 SOCIAL SECURITY 3,425 3,780 4,320 3,060 4,467 10-52300-152 LIFE INSURANCE 8 .00 .00 .00 .00 10-52300-153 HEALTH INSURANCE 13,818 25,797 27,898 25,572 28,560 T otal POLICE CLERICAL EXPENSES: 68,360 87,884 92,610 73,980 95,523 10-52400-25 0 WEIGHTS & MEASURES INSPECTION 400 750 800 750 800 T otal PROTECTIVE INSPECTION: 400 750 800 750 800 10-52520-40 0 MATERIALS 14,388 14,552 16,000 5,290 10,000 T otal TRAFFIC SIGNS/LANE MARKINGS: 14,388 14,552 16,000 5,290 10,000 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 9 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal PUBLIC SAFETY: 4,064,914 4,182,723 4,471,543 3,654,313 4,642,055 PUBLIC WORKS 10-53100-1 10 DIRECTOR OF PUBLIC WORKS 70,605 59,048 57,600 44,755 59,615 10-53100-140 DEFERRED COMPENSATION .00 154 360 350 360 10-53100-150 WISCONSIN RETIREMENT 5,158 4,580 4,532 3,670 44,737 10-53100-151 SOCIAL SECURITY 5,441 4,733 4,988 3,766 5,162 10-53100-152 LIFE INSURANCE 24 21 19 16 19 10-53100-153 HEALTH INSURANCE 19,245 18,906 18,365 16,993 19,361 10-53100-212 ADMINISTRATIVE ASSISTANT 7,197 7,776 7,488 5,716 7,750 10-53100-233 GIS MAINTENANCE 22,745 18,225 20,000 7,636 7,500 10-53100-310 SUPPLIES/EXPENSES 586 469 400 889 600 10-53100-321 PROFESSIONAL DUES/MEETINGS 400 119 500 500 500 10-53100-322 TRAINING 987 2,252 3,000 391 3,000 T otal VILLAGE ENGINEER: 132,389 116,281 117,252 84,682 148,604 10-53200-40 0 MATERIALS 860 898 1,600 914 1,600 T otal JOB ORDERS: 860 898 1,600 914 1,600 10-53300-22 1 STREET LIGHTS - ELECTRIC 2,392 2,564 3,000 2,037 3,000 10-53300-405 STREET MATERIALS 33,392 35,048 30,000 31,680 35,000 10-53300-480 GUARD RAIL MATERIALS 954 1,200 1,200 26 1,200 10-53300-485 BRIDGE MATERIALS 518 3,123 3,000 1,411 4,000 10-53300-495 MISCELLANEOUS SUPPLIES & TOOLS 1,197 1,722 1,500 871 2,000 T otal HIGHWAYS AND STREETS: 38,454 43,656 38,700 36,023 45,200 10-53310-40 0 MATERIALS 74,421 63,262 83,000 56,057 65,000 T otal SNOW/ICE REMOVAL: 74,421 63,262 83,000 56,057 65,000 10-53400-22 1 BUS STOP-ELECTRIC 578 583 700 432 650 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 10 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal BUS STOP: 578 583 700 432 650 10-53620-40 0 MATERIALS 500 26 500 403 500 T otal RUBBISH COLLECTION: 500 26 500 403 500 10-53630-37 0 LANDFILL FEES 89,649 91,769 98,000 73,525 98,000 T otal LANDFILL: 89,649 91,769 98,000 73,525 98,000 10-53641-40 0 MATERIALS 1,499 1,851 1,600 1,408 2,000 T otal GRASS/WEED - CUT & SPRAY: 1,499 1,851 1,600 1,408 2,000 10-53642-40 0 MATERIALS 19,205 16,942 22,000 12,920 17,000 T otal YARD WASTE COLLECTION: 19,205 16,942 22,000 12,920 17,000 10-53700-30 0 MISCELLANEOUS EXPENSE 4,108 2,928 4,000 2,003 4,000 10-53700-341 REPAIR PARTS 79,406 79,699 65,000 112,940 70,000 10-53700-342 TIRES 7,439 14,032 8,000 6,461 8,000 10-53700-343 FUEL 64,147 54,768 75,000 37,626 62,500 10-53700-344 OIL 4,711 3,628 5,000 1,514 5,000 10-53700-346 MISC DPW SHOP TOOLS 691- 4,455 10,000 5,587 6,000 T otal MACHINERY/EQUIPMENT: 159,120 159,510 167,000 166,131 155,500 10-53800-1 10 DPW LABOR 644,114 580,557 592,200 418,486 572,282 10-53800-111 OVERTIME 25,764 29,650 35,000 29,431 31,000 10-53800-140 DEFERRED COMPENSATION 1,160 2,300 3,000 3,000 3,000 10-53800-150 WISCONSIN RETIREMENT 46,186 41,008 44,140 33,764 42,893 10-53800-151 SOCIAL SECURITY 49,046 42,478 48,740 34,806 46,742 10-53800-152 LIFE INSURANCE 311 286 325 233 290 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 11 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 10-53800-15 3 HEALTH INSURANCE 231,116 204,634 237,070 195,141 224,159 10-53800-220 GAS UTILITIES 6,359 4,753 7,500 4,057 5,500 10-53800-221 ELECTRIC UTILITIES 16,300 16,599 16,500 12,069 16,500 10-53800-222 TELEPHONE UTILITIES 667 687 750 348 700 10-53800-223 WATER/SEWER UTILITIES 3,319 3,442 3,500 2,586 3,500 10-53800-224 CELL PHONES 3,248 2,218 5,000 1,711 3,000 10-53800-234 BUILDING MAINTENANCE 142 .00 .00 6,481 .00 10-53800-300 MISCELLANEOUS EXPENSE 8,399 8,587 5,000 6,187 5,000 10-53800-333 SAFETY PROGRAM 8,448 11,446 7,500 8,381 6,500 10-53800-645 PAGER PAY 9,880 8,498 8,000 7,065 8,000 T otal DPW GENERAL: 1,054,459 957,143 1,014,225 763,746 969,066 10-53900-12 2 DPW SEASONAL EMPLOYEE 24,757 49,278 30,000 40,176 25,000 10-53900-151 SOCIAL SECURITY 1,915 3,768 2,680 3,099 1,915 10-53900-310 SUPPLIES/EXPENSES .00 824 .00 4,152 .00 10-53900-322 TRAINING 167 40 1,500 141 250 10-53900-324 DRUG TESTING 1,335 1,737 1,000 490 1,500 10-53900-330 CLOTHING ALLOWANCE 5,438 5,804 6,500 3,902 6,500 T otal FRINGE BENEFITS: 33,612 61,452 41,680 51,960 35,165 T otal PUBLIC WORKS: 1,604,748 1,513,373 1,586,257 1,248,201 1,538,285 HEAL TH AND HUMAN SERVICES 10-54100-214 HUMANE SOCIETY/MADACC 7,407 6,673 6,399 6,399 5,230 10-54100-215 CONTRACT - HEALTH 50,093 52,015 53,570 53,580 55,834 T otal HEALTH & WELFARE: 57,500 58,688 59,969 59,979 61,064 T otal HEALTH AND HUMAN SERVICES: 57,500 58,688 59,969 59,979 61,064 CUL TURE, RECREATION AND EDU 10-55100-210 CONTRACT SERVICES 253,671 256,740 260,617 260,617 269,348 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 12 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal LIBRARY: 253,671 256,740 260,617 260,617 269,348 10-55200-43 5 PLAYGROUND MATERIALS 5,000 4,926 5,000 5,451 5,000 10-55200-440 FOOT/BIKE PATH MAINTENANCE 250 250 250 250 250 10-55200-445 TENNIS COURT MAINTENANCE 841 466 500 895 14,000 T otal PARKS & RECREATION: 6,091 5,642 5,750 6,597 19,250 10-55400-43 0 LX CLUB MATERIALS 6,919 6,508 7,200 3,375 6,500 T otal JOINT RECREATION: 6,919 6,508 7,200 3,375 6,500 10-55440-12 6 LABOR SKATE RINK 350 400 600 1,183 600 10-55440-127 SKATE RINK ATTENDANTS 150 .00 2,000 1,267 1,500 10-55440-151 SOCIAL SECURITY 38 31 200 187 200 10-55440-220 GAS UTILITIES 3,396 2,948 4,000 2,560 3,500 10-55440-221 ELECTRIC UTILITIES 1,698 1,815 2,000 1,594 2,000 10-55440-223 WATER/SEWER UTILITIES .00 .00 5,000 .00 5,000 10-55440-450 SKATE RINK MATERIALS 6,671 8,266 6,000 12,243 8,500 T otal SKATE RINK: 12,304 13,460 19,800 19,035 21,300 T otal CULTURE, RECREATION AND EDU: 278,985 282,351 293,367 289,624 316,398 CONSERV ATION AND DEVELOPMENT 10-56100-125 FORESTRY CONSULTANT 54,568 49,431 55,000 44,900 55,000 10-56100-310 SUPPLIES/EXPENSES 264 .00 250 .00 250 10-56100-465 TREE MAINTENANCE 4,708 6,162 6,000 5,766 6,000 T otal FORESTRY: 59,540 55,593 61,250 50,666 61,250 T otal CONSERVATION AND DEVELOPMENT: 59,540 55,593 61,250 50,666 61,250 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 13 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget UNCLASSIFIED 10-59000-50 0 CONTINGENCY FUND .00 .00 .00 121,657 .00 T otal UNCLASSIFIED: .00 .00 .00 121,657 .00 10-59222-90 0 OPERATING TRANSFER OUT .00 26,427 10,182 .00 .00 T otal TRANSFER TO RECYCLING FUND: .00 26,427 10,182 .00 .00 10-59240-90 0 OPERATING TRANSFER OUT .00 386,854 .00 .00 .00 T otal TRANSFER TO CAPITAL PROJECTS: .00 386,854 .00 .00 .00 10-59260-90 0 OPERATING TRANSFER OUT 157,476 130,946 .00 .00 47,072 T otal TRANSFER TO MUNICIPAL POOL: 157,476 130,946 .00 .00 47,072 T otal UNCLASSIFIED: 157,476 544,227 10,182 121,657 47,072 GENERAL FUND Revenue Total: 7,883,732 7,994,853 7,994,742 7,330,287 8,040,384 GENERAL FUND Expenditure Total: 7,435,538 7,982,190 7,693,421 6,498,341 8,040,422 Net Total GENERAL FUND: 448,194 12,663 301,321 831,947 37- Village of Fox Point Existing General Obligation Debt Service Payments Issue: 1 Issue: 2 Issue: 3 Amount: $2,500,000 Amount: $3,245,000 Amount: $2,585,000 Type: G.O. Corporate Purpose Bonds Type: G.O. Promissory Notes (New/AR) Type: G.O. Promissory Notes, Series 2016A (New/AR) Dated: May 2, 2012 Dated: Dated: Callable: '23-'27 Callable 4/1/22 @ Par Callable: '23-'25 Callable 4/1/22 @ Par Callable: '25-'26 Callable 4/1/24 @ Par STORM WATER Calendar PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL ALLOCATION Year (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) 2025 $200,000 2.25% $12,238 $212,238 $105,000 2.10% $1,103 $106,103 $120,000 1.550% $2,910 $122,910 $20,485 2026 $205,000 2.25% $7,681 $212,681 $120,000 1.650% $990 $120,990 $20,165 2027 $215,000 2.50% $2,688 $217,688 2028 2029 2030 2031 2032 2033 2034 2035 $620,000 $22,606 $642,606 $105,000 $1,103 $106,103 $240,000 $3,900 $243,900 $40,650 Bid Premium: $6,205.67 Purpose: Purpose: Purpose: Public Improvements Public Improvements Advance Refunding of 2006 Bonds Advance Refunding of 2008 Bonds $1,045,000 New Money Paying Agent: Associated Trust Paying Agent: Associated Trust Paying Agent: Associated Trust November 3, 2015 August 1, 2016 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 4 Issue: 5 Issue: 6 Amount: $2,040,000 Amount: $1,200,000 Amount: $1,405,000 Type: Taxable G.O. Refunding Bonds, Series 2016B (CR) Type: G.O. Promissory Notes, Series 2017 Type: G.O. Promissory Notes, Series 2018 Dated: Dated: Dated: Callable: '26-'32 Callable 4/1/25 @ Par Callable: '26-'27 Callable 4/1/25 @ Par Callable: '26-'28 Callable 4/1/25 @ Par SEWER WATER STORM WATER STORM WATER WATER PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $125,000 2.125% $29,816 $154,816 #REF! $3,075 $130,000 3.000% $10,050 $140,050 $43,150 $165,000 3.000% $16,281 $181,281 $22,144 $22,013 $135,000 2.375% $26,884 $161,884 #REF! $7,773 $130,000 3.000% $6,150 $136,150 $41,950 $165,000 2.500% $11,744 $176,744 $21,594 $21,463 $140,000 2.375% $23,619 $163,619 #REF! $6,920 $140,000 3.000% $2,100 $142,100 $45,675 $175,000 2.625% $7,384 $182,384 $26,016 $20,950 $145,000 2.500% $20,144 $165,144 #REF! $5,784 $185,000 2.750% $2,544 $187,544 $25,344 $25,344 $150,000 2.625% $16,363 $166,363 #REF! $4,370 $160,000 2.750% $12,194 $172,194 #REF! $7,325 $165,000 2.875% $7,622 $172,622 #REF! $4,864 $175,000 3.000% $2,625 $177,625 #REF! $6,699 $1,195,000 $139,266 $1,334,266 #REF! $46,809 $400,000 $18,300 $418,300 $130,775 $690,000 $37,953 $727,953 $95,097 $89,769 Bid Premium: $35,295.05 Bid Premium: $42,043.75 Purpose: Purpose: Purpose: Public Improvements Capital Projects Capital Projects Current Refunding of 2012 STFL Storm Water Projects Storm Water Projects Water Projects Term Bond '21-'22 Paying Agent: Associated Trust Paying Agent: Associated Trust Paying Agent: Associated Trust August 1, 2016 August 2, 2017 July 30, 2018 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 7 Issue: 8 Issue: 9 Amount: $1,830,000 Amount: $2,505,000 Amount: $1,006,000 Type: G.O. Promissory Notes, Series 2019 Type: G.O. Promissory Notes, Series 2020 Type: General Obligation Refunding Bonds (CR) Dated: Dated: Dated: Callable: '27-'29 Callable 4/1/26 @ Par Callable: '28-'30 Callable 4/1/27 @ Par Callable: Callable Anytime With 30 Days Notice STORM WATER WATER STORM WATER SEWER PRINCIPAL RATE INTEREST TOTAL ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $220,000 4.000% $28,300 $248,300 $22,900 $270,000 2.000% $20,375 $290,375 $21,550 $205,000 0.98% $3,014 $208,014 $47,691 #REF! $230,000 4.000% $19,300 $249,300 $27,000 $280,000 1.500% $15,575 $295,575 $21,200 $205,000 0.98% $1,005 $206,005 $47,230 #REF! $240,000 2.000% $12,300 $252,300 $26,250 $285,000 1.500% $11,338 $296,338 $20,900 $245,000 2.000% $7,450 $252,450 $25,750 $300,000 1.000% $7,700 $307,700 $25,625 $250,000 2.000% $2,500 $252,500 $25,250 $305,000 1.000% $4,675 $309,675 $25,375 $315,000 1.000% $1,575 $316,575 $25,125 $1,185,000 $69,850 $1,254,850 $127,150 $1,755,000 $61,238 $1,816,238 $139,775 $410,000 $4,018 $414,018 $94,921 #REF! Bid Premium: $76,467.50 Bid Premium: $75,030.71 Purpose: Purpose: Purpose: Capital Projects Capital Projects Refinanced 2011 G.O. Corporate Purpose Bonds Storm Water Projects Water Projects Rating: NR Purchaser: Zions Bancorporation, N.A. Paying Agent: Associated Trust Paying Agent: Associated Trust Paying Agent: Associated Trust Notes: Term Bond 2021-26 July 30, 2019 August 4, 2020 January 5, 2021 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 10 Issue: 11 Issue: 12 Amount: $3,175,000 Amount: $2,410,000 Amount: $4,350,000 Type: G.O. Promissory Notes, Series 2021 Type: G.O. Promissory Notes, Series 2022A Type: G.O. Promissory Notes, Series 2023A Dated: Dated: Dated: Callable: '29-'31 Callable 4/1/28 @ Par Callable: '30-'32 Callable 4/1/29 @ Par Callable: '26 Callable 4/1/24 @ Par WATER STORM WATER WATER PRINCIPAL RATE INTEREST TOTAL ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $270,000 2.000% $40,803 $310,803 $77,990 $220,000 4.000% $69,200 $289,200 $39,100 $65,900 $174,000 $174,000 $365,000 2.000% $34,453 $399,453 $76,590 $230,000 4.000% $60,200 $290,200 $37,900 $68,800 *** 4.000% $370,000 2.000% $27,103 $397,103 $75,190 $240,000 4.000% $50,800 $290,800 $36,700 $66,600 $375,000 2.000% $19,653 $394,653 $73,790 $255,000 4.000% $40,900 $295,900 $40,400 $69,300 $385,000 2.000% $12,053 $397,053 $77,340 $265,000 4.000% $30,500 $295,500 $39,000 $66,900 $395,000 1.000% $6,228 $401,228 $76,215 $270,000 3.000% $21,150 $291,150 $37,775 $64,800 $405,000 1.050% $2,126 $407,126 $80,420 $280,000 3.000% $12,900 $292,900 $36,725 $67,925 $290,000 3.000% $4,350 $294,350 $40,600 $65,975 $2,565,000 $142,416 $2,707,416 $537,535 $2,050,000 $290,000 $2,340,000 $308,200 $536,200 $0 $174,000 $174,000 Bid Premium: $119,257.45 Bid Premium: $90,615.65 Purpose: Purpose: Purpose: Capital Projects Capital Projects Lakeshore Project Water Projects Water Projects *** Refinanced by 2025 GOPNs. Storm Water Projects Paying Agent: Associated Trust Paying Agent: Associated Trust Paying Agent: Associated Trust August 2, 2021 August 2, 2022 April 4, 2023 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 13 Issue: 14 Amount: $1,840,000 Amount: $5,140,000 Type: G.O. Promissory Notes, Series 2023B Type: G.O. Promissory Notes, Series 2024A Dated: Dated: Callable: '31-'33 Callable 4/1/30 @ Par Callable: '32-'34 Callable 4/1/31 @ Par WATER WATER SEWER STORM PRINCIPAL RATE INTEREST TOTAL ALLOCATION PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION ALLOCATION (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $150,000 4.000% $63,200 $213,200 #REF! $340,000 4.000% $252,142 $592,142 $200,025 $76,533 $132,650 $160,000 4.000% $57,000 $217,000 #REF! $355,000 4.000% $201,250 $556,250 $198,150 $79,900 $133,400 $170,000 4.000% $50,400 $220,400 #REF! $430,000 4.000% $185,550 $615,550 $202,550 $77,700 $194,500 $175,000 4.000% $43,500 $218,500 #REF! $495,000 4.000% $167,050 $662,050 $201,650 $80,400 $233,400 $185,000 4.000% $36,300 $221,300 #REF! $520,000 5.000% $144,150 $664,150 $204,650 $82,575 $230,400 $190,000 4.000% $28,800 $218,800 #REF! $545,000 5.000% $117,525 $662,525 $206,400 $79,325 $231,150 $200,000 4.000% $21,000 $221,000 #REF! $570,000 5.000% $89,650 $659,650 $202,775 $80,950 $231,400 $205,000 4.000% $12,900 $217,900 #REF! $600,000 4.000% $63,400 $663,400 $204,700 $82,700 $232,200 $220,000 4.000% $4,400 $224,400 #REF! $625,000 4.000% $38,900 $663,900 $207,100 $79,700 $233,600 $660,000 4.000% $13,200 $673,200 $209,100 $81,600 $234,600 $1,655,000 $317,500 $1,972,500 #REF! $5,140,000 $1,272,817 $6,412,817 $2,037,100 $801,383 $2,087,300 Bid Premium: $61,358.65 Bid Premium: $249,419.65 Purpose: Purpose: Capital Projects Capital Projects Water Projects Water Projects Sewer Projects Stormwater Projects Paying Agent: Associated Trust Paying Agent: Associated Trust August 1, 2024August 1, 2023 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 15 Amount: $9,850,000 Type: G.O. Promissory Notes, Series 2025A Dated: TOTAL DEBT SERVICE REQUIREMENTS Callable: '33-'35 Callable 4/1/32 @ Par WATER SEWER PRINCIPAL RATE INTEREST TOTAL ALLOCATION ALLOCATION (4/1) (4/1 & 10/1) $500,000 3.000% $404,997 $904,997 $414,581 $29,502 $895,000 3.000% $327,688 $1,222,688 $416,238 $27,563 $920,000 3.000% $300,463 $1,220,463 $416,938 $26,963 $950,000 4.000% $267,663 $1,217,663 $415,713 $26,263 $995,000 4.000% $228,763 $1,223,763 $412,513 $30,363 $1,035,000 4.000% $188,163 $1,223,163 $413,813 $29,363 $1,075,000 4.000% $145,963 $1,220,963 $414,513 $28,363 $1,115,000 4.000% $102,163 $1,217,163 $414,613 $27,363 $1,165,000 3.250% $60,931 $1,225,931 $415,594 $26,456 $1,200,000 3.500% $21,000 $1,221,000 $412,088 $30,525 $9,850,000 $2,047,791 $11,897,791 $4,146,599 $282,721 Bid Premium: $140,674.48 Purpose: Capital Projects & Refinancing of 2023 Note Water Projects Sewer Projects Paying Agent: Associated Trust August 4, 2025 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 TOTAL DEBT SERVICE REQUIREMENTS 2024 STORM WATER SEWER WATER BID NET DEBT PRINCIPAL INTEREST TOTAL ALLOCATION ALLOCATION ALLOCATION PREMIUM** SERVICE $2,520,000 $723,430 $3,243,430 ($328,120) ($149,138) ($553,452) ($35,000) $2,177,719 $3,080,000 $847,228 $3,927,228 ($329,239) ($179,302) ($971,756) $2,446,931 $3,300,000 $700,968 $4,000,968 ($329,141) ($106,897) ($977,547) $2,587,383 $3,095,000 $609,403 $3,704,403 ($324,894) ($109,062) ($986,330) $2,284,118 $3,010,000 $514,203 $3,524,203 ($294,650) ($110,498) ($961,747) $2,157,307 $2,870,000 $416,234 $3,286,234 ($268,925) ($111,406) ($959,078) $1,946,825 $2,655,000 $321,461 $2,976,461 ($268,125) ($112,085) ($935,597) $1,660,654 $2,345,000 $229,238 $2,574,238 ($272,800) ($112,687) ($856,587) $1,332,165 $1,960,000 $145,463 $2,105,463 ($233,600) ($107,063) ($790,013) $974,788 $1,825,000 $74,131 $1,899,131 ($234,600) ($108,056) ($624,694) $931,781 $1,200,000 $21,000 $1,221,000 ($30,525) ($412,088) $778,388 $27,860,000 $4,602,757 $32,462,757 ($2,884,093) ($1,236,718) ($9,028,887) ($35,000) $19,278,058 LESS: REVENUE OFFSETS **Bid premium offset of $35,000 applied to offset interest payments due in 2025 for the Levy Supported portion of the 2024 GOPNs. Total bid premium of $249,419.65 is available. ***Assumes no bid premium is applied in 2026 (levy). Total bid premium of $140,674.48 is available to offset future levies if desired. Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 14 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget SEWE R UTILITY SR FUND INTERGOVERNMENTAL AID 21-43510 GRANTS - STATE OF WISCONSIN .00 25,565 .00 .00 .00 21-43575 MMSD-PRIVATE LATERALS PROGRAM .00 20,445 .00 .00 .00 21-43580 MMSD REIMBURSEMENT .00 .00 .00 .00 .00 T otal INTERGOVERNMENTAL AID: .00 46,010 .00 .00 .00 PUBLIC CHARGES FOR SER VICE 21-46410 SEWER REVENUE 1,076,917 1,176,938 1,150,000 666,947 1,184,000 21-46420 LATE FEES & PENALITIES 8,728 9,600 10,000 4,835 10,000 T otal PUBLIC CHARGES FOR SERVICE: 1,085,645 1,186,538 1,160,000 671,782 1,194,000 MISCELLANEOUS RE VENUE 21-48100 INTEREST ON INVESTMENTS .00 15,364 5,500 .00 20,000 21-48200 SUNDRY-OTHER INCOME .00 1,018 .00 .00 .00 T otal MISCELLANEOUS REVENUE: .00 16,382 5,500 .00 20,000 OTHER FINANCING SOURCES 21-49100 PROCEEDS FROM B ORROWING .00 .00 228,074 235,000 .00 21-49220 INTEREST ON SPECIAL ASSESSMENT 344 .00 .00 .00 .00 T otal OTHER FINANCING SOURCES: 344 .00 228,074 235,000 .00 TREASURER/FINANCE 21-51520-12 0 SALARY FINANCIAL MANAGER 3,739 4,031 4,120 3,201 4,264 21-51520-140 DEFERRED COMPENSATION .00 10 .00 .00 .00 21-51520-150 WISCONSIN RETIREMENT 254 276 288 231 300 21-51520-151 SOCIAL SECURITY 269 285 316 240 327 21-51520-152 LIFE INSURANCE 2 2 2 2 2 21-51520-153 HEALTH INSURANCE 471 521 567 517 580 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 15 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 21-51520-51 3 WORKER'S COMPENSATION 6 7 7 5 7 T otal TREASURER/FINANCE: 4,742 5,133 5,300 4,196 5,480 T otal TREASURER/FINANCE: 4,742 5,133 5,300 4,196 5,480 ENGINEER 21-53100-1 10 SALARY DIRECTOR OF PUBLIC WORK 12,162 3,977 12,800 9,946 13,248 21-53100-140 DEFERRED COMPENSATION .00 58 .00 .00 .00 21-53100-150 WISCONSIN RETIREMENT 1,346 1,297 1,416 1,136 1,477 21-53100-151 SOCIAL SECURITY 1,446 1,337 1,556 1,165 1,610 21-53100-152 LIFE INSURANCE 4 4 5 3 4 21-53100-153 HEALTH INSURANCE 5,955 5,709 6,147 5,597 6,600 21-53100-212 ADMINISTRATIVE ASSISTANT 7,986 7,776 7,488 5,716 7,750 21-53100-233 GIS MAINTENANCE 13,924 12,465 4,500 6,434 7,500 21-53100-322 TRAINING 64 170 500 186 500 21-53100-513 WORKER'S COMPENSATION 628 596 470 378 463 T otal ENGINEER: 43,515 33,389 34,882 30,560 39,152 21-53800-1 10 DPW LABOR 82,704 76,933 89,855 69,648 89,650 21-53800-111 OVERTIME 5,379 6,584 4,500 7,472 4,500 21-53800-140 DEFERRED COMPENSATION 140 240 .00 .00 .00 21-53800-150 WISCONSIN RETIREMENT 6,187 6,911 6,315 5,786 6,662 21-53800-151 SOCIAL SECURITY 6,571 7,163 6,945 6,061 7,260 21-53800-152 LIFE INSURANCE 24 30 18 15 17 21-53800-153 HEALTH INSURANCE 32,249 40,997 32,815 31,029 39,802 21-53800-210 CONTRACT SERVICES 650 .00 .00 .00 .00 21-53800-343 FUEL 103 100 125 83 150 21-53800-513 WORKER'S COMPENSATION 4,581 4,677 3,220 2,985 3,047 21-53800-645 PAGER PAY 1,065 1,275 750 1,103 750 T otal DPW - BUILDINGS & GROUNDS: 139,651 144,910 144,543 124,181 151,838 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 16 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal ENGINEER: 183,166 178,299 179,425 154,742 190,990 SANIT ARY SEWER MAINTENANCE 21-71000-400 MATERIALS 23,110 27,606 20,000 10,951 20,000 T otal SANITARY SEWER MAINTENANCE: 23,110 27,606 20,000 10,951 20,000 T otal SANITARY SEWER MAINTENANCE: 23,110 27,606 20,000 10,951 20,000 LIFT ST ATION MAINTENANCE 21-72000-220 GAS UTILITIES 193 138 200 93 200 21-72000-221 ELECTRIC UTILITIES 2,008 2,151 2,100 1,618 2,200 21-72000-229 ALARM 600 625 625 .00 625 21-72000-400 MATERIALS 9,359 6,348 5,000 4,382 6,500 T otal LIFT STATION MAINTENANCE: 12,160 9,262 7,925 6,092 9,525 T otal LIFT STATION MAINTENANCE: 12,160 9,262 7,925 6,092 9,525 METER EX PENSE 21-73000-226 MMSD CHARGES 492,944 524,456 573,581 329,417 599,731 21-73000-228 HOUSEHOLD HAZARD WASTE 9,586 10,369 12,000 .00 12,000 21-73000-310 SUPPLIES/EXPENSES 2,443 3,636 2,500 2,528 2,500 21-73000-400 MATERIALS 29,918 27,242 3,000 6,119 3,000 T otal METER EXPENSE: 534,890 565,703 591,081 338,065 617,231 T otal METER EXPENSE: 534,890 565,703 591,081 338,065 617,231 CUSTOMER ACCOUNTING 21-74000-130 UTILITY CLERK 23,388 24,127 26,400 20,511 27,324 21-74000-140 DEFERRED COMPENSATION .00 100 66 .00 66 21-74000-150 WISCONSIN RETIREMENT 1,476 1,634 1,840 1,477 1,923 21-74000-151 SOCIAL SECURITY 1,724 1,818 2,025 1,516 2,095 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 17 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 21-74000-15 2 LIFE INSURANCE 7 9 9 7 9 21-74000-153 HEALTH INSURANCE 1,963 2,867 9,206 8,389 9,425 21-74000-310 SUPPLIES/EXPENSES .00 166 200 .00 100 21-74000-513 WORKER'S COMPENSATION 44 45 42 34 44 T otal CUSTOMER ACCOUNTING: 28,602 30,764 39,788 31,934 40,986 T otal CUSTOMER ACCOUNTING: 28,602 30,764 39,788 31,934 40,986 ADMINISTRA TION & GENERAL 21-75000-110 SALARY 7,407 8,108 5,974 4,265 3,100 21-75000-120 ASSISTANT SALARY 3,061 2,566 3,240 2,516 3,352 21-75000-130 CLERK TREASURER/DEPUTY 4,691 6,276 7,108 5,522 7,357 21-75000-140 DEFERRED COMPENSATION .00 34 .00 .00 .00 21-75000-150 WISCONSIN RETIREMENT 1,030 1,114 1,137 889 972 21-75000-151 SOCIAL SECURITY 1,094 1,229 1,253 929 1,059 21-75000-152 LIFE INSURANCE 7 5 5 4 5 21-75000-153 HEALTH INSURANCE 3,273 2,878 3,978 2,035 2,855 21-75000-210 CONTRACT SERVICES 5,027 8,320 5,600 4,700 6,500 21-75000-312 BORROWING EXPENSE .00 8,575 .00 2,135 .00 21-75000-403 DEPRECIATION EXPENSE 101,744 108,068 .00 .00 .00 21-75000-428 AMORTIZATION OF DEBT COSTS 838- 838- .00 .00 .00 21-75000-510 INSURANCE 4,300 4,945 5,095 5,095 5,350 21-75000-513 WORKER'S COMPENSATION 27 29 27 21 22 21-75000-610 PRINCIPAL .00 .00 116,300 .00 144,300 21-75000-620 INTEREST 2,749 11,913 32,838 22,658 35,002 T otal ADMINISTRATION & GENERAL: 133,572 163,223 182,555 50,768 209,874 T otal ADMINISTRATION & GENERAL: 133,572 163,223 182,555 50,768 209,874 ADMINISTRA TION & GENERAL 21-81000-926 GASB 68 PENSION EXPENSE 618 209- .00 .00 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 18 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal ADMINISTRATION & GENERAL: 618 209- .00 .00 .00 T otal ADMINISTRATION & GENERAL: 618 209- .00 .00 .00 CAPIT AL PROJECTS EXPENSES 21-91000-575 PRIVATE LATERAL PROGRAM (MMSD) 1,050 23,595 .00 .00 .00 21-91000-802 VEHICLES .00 .00 32,500 31,059 .00 21-91000-866 STREET RECONSTRUCTION .00 .00 20,000 385 .00 21-91000-871 TELEVISING 12,665 11,000 25,000 28,076 45,000 21-91000-888 SEWER SYSTEM IMPROVEMENTS 19,772 42,974 290,000 68,465 300,000 T otal CAPITAL PROJECTS EXPENSES: 33,487 77,569 367,500 127,985 345,000 T otal CAPITAL PROJECTS EXPENSES: 33,487 77,569 367,500 127,985 345,000 SEW ER UTILITY SR FUND Revenue Total: 1,085,988 1,248,929 1,393,574 906,782 1,214,000 SEW ER UTILITY SR FUND Expenditure Total: 954,347 1,057,350 1,393,574 724,733 1,439,086 Net Total SEWER UTILITY SR FUND: 131,641 191,579 .00 182,049 225,086- Village of Fox Point Existing Sewer Supported Debt Service Payments Issue: 1 Issue: 2 Issue: 3 Amount: $2,040,000 Amount: $1,006,000 ($349,000 Sewer Portion) Amount: $5,140,000 ($645,000 Sewer Portion) Type: Taxable G.O. Refunding Bonds, Series 2016B (CR) Type: General Obligation Refunding Bonds (CR) Type: G.O. Promissory Notes, Series 2024A Dated: Dated: Dated: Callable: Callable 4/1/25 @ Par Callable: Callable Anytime With 30 Days Notice Callable: Callable 4/1/31 @ Par Calendar PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL Year (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) 2025 $1,300 2.125% $296 $1,596 $70,000 0.98% $1,009 $71,009 $45,000 4.000% $31,533 $76,533 2026 $1,300 2.375% $266 $1,566 $68,000 0.98% $333 $68,333 $55,000 4.000% $24,900 $79,900 2027 $1,400 2.375% $234 $1,634 $55,000 4.000% $22,700 $77,700 2028 $1,500 2.500% $199 $1,699 $60,000 4.000% $20,400 $80,400 2029 $1,500 2.625% $161 $1,661 $65,000 5.000% $17,575 $82,575 2030 $1,600 2.750% $119 $1,719 $65,000 5.000% $14,325 $79,325 2031 $1,700 2.875% $72 $1,772 $70,000 5.000% $10,950 $80,950 2032 $1,600 3.000% $24 $1,624 $75,000 4.000% $7,700 $82,700 2033 $75,000 4.000% $4,700 $79,700 2034 $80,000 4.000% $1,600 $81,600 2035 $11,900 $1,371 $13,271 $138,000 $1,343 $139,343 $645,000 $156,383 $801,383 Refinanced 2011 G.O. CPB's August 1, 2016 January 5, 2021 August 1, 2024 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Sewer Supported Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 4 Amount: $9,850,000 ($235,000 Sewer Portion) Type: G.O. Promissory Notes, Series 2025A Dated: TOTAL DEBT SERVICE REQUIREMENTS Callable: Callable 4/1/32 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL INTEREST TOTAL (4/1) (4/1 & 10/1) $116,300 $32,838 $149,138 $20,000 3.000% $9,502 $29,502 $144,300 $35,002 $179,302 $20,000 3.000% $7,563 $27,563 $76,400 $30,497 $106,897 $20,000 3.000% $6,963 $26,963 $81,500 $27,562 $109,062 $20,000 4.000% $6,263 $26,263 $86,500 $23,998 $110,498 $25,000 4.000% $5,363 $30,363 $91,600 $19,806 $111,406 $25,000 4.000% $4,363 $29,363 $96,700 $15,385 $112,085 $25,000 4.000% $3,363 $28,363 $101,600 $11,087 $112,687 $25,000 4.000% $2,363 $27,363 $100,000 $7,063 $107,063 $25,000 3.250% $1,456 $26,456 $105,000 $3,056 $108,056 $30,000 3.500% $525 $30,525 $30,000 $525 $30,525 $235,000 $47,721 $282,721 $1,029,900 $206,818 $1,236,718 August 4, 2025 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 19 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget RECYCLING INTERGOVERNMENT AL AID 22-43510 GRANTS - STATE OF WISCONSIN 58,540 58,625 58,625 58,585 58,585 T otal INTERGOVERNMENTAL AID: 58,540 58,625 58,625 58,585 58,585 MISCELLANEOUS RE VENUE 22-48270 RECYLE BIN 156 440 260 360 500 22-48280 RECYCLING FEE 187,885 189,133 215,000 109,757 188,000 22-48300 LATE FEES & PENALITIES 1,723 1,899 2,500 948 2,200 T otal MISCELLANEOUS REVENUE: 189,764 191,473 217,760 111,066 190,700 OTHER FINANCING SOURCES 22-49210 TRANSFERS FROM GENE RAL FUND .00 26,427 10,182 .00 .00 22-49300 FUND BALANCE APPLIED .00 .00 20,000 .00 .00 T otal OTHER FINANCING SOURCES: .00 26,427 30,182 .00 .00 EXPEN DITURES 22-53650-110 VILLAGE MANAGER 4,084 6,032 5,974 4,142 3,100 22-53650-120 VILLAGE STAFF 2,718 7,277 14,700 11,544 15,214 22-53650-140 DEFERRED COMPENSATION .00 12 .00 .00 .00 22-53650-150 WISCONSIN RETIREMENT 462 811 1,441 1,133 1,288 22-53650-151 SOCIAL SECURITY 499 853 1,586 1,178 1,404 22-53650-152 LIFE INSURANCE 2 4 8 6 7 22-53650-153 HEALTH INSURANCE 1,056 2,080 3,569 3,210 4,274 22-53650-210 CONTRACT SERVICES 160,334 34,102 40,000 25,072 40,000 22-53650-310 SUPPLIES/EXPENSES 81 2,977 .00 81 .00 22-53650-513 WORKER'S COMPENSATION 131 308 337 272 330 T otal RECYCLING: 169,367 54,455 67,615 46,639 65,617 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 20 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 22-53800-1 10 SALARY .00 98,863 129,735 91,730 168,398 22-53800-111 OVERTIME .00 5,460 1,000 5,640 5,000 22-53800-150 WISCONSIN RETIREMENT .00 8,204 9,568 7,695 12,824 22-53800-151 SOCIAL SECURITY .00 8,529 10,535 7,938 13,975 22-53800-152 LIFE INSURANCE .00 46 68 47 83 22-53800-153 HEALTH INSURANCE .00 36,959 57,300 45,932 68,606 22-53800-210 CONTRACT SERVICES 922 140 100 .00 .00 22-53800-212 ADMINISTRATIVE ASSISTANT .00 1,821 7,488 5,716 7,750 22-53800-232 VECHICLE MAINTENANCE .00 2,043 5,000 2,839 3,500 22-53800-233 EQUIPMENT MAINTENANCE .00 .00 500 .00 1,000 22-53800-310 SUPPLIES/EXPENSES 403 771 3,000 880 1,500 22-53800-343 FUEL .00 7,563 10,000 5,906 8,500 22-53800-513 WORKER 'S COMPENSATION .00 5,337 4,658 3,793 5,739 22-53800-645 PAGER PAY .00 1,457 .00 1,431 1,500 T otal PUBLIC WORKS: 1,325 177,192 238,952 179,545 298,375 T otal EXPENDITURES: 170,692 231,647 306,567 226,185 363,992 DUE FROM TAX ROLL FUND Revenue Total: 248,304 276,525 306,567 169,651 249,285 DUE FROM TAX ROLL FUND Expenditure Total: 170,692 231,647 306,567 226,185 363,992 Net Total RECYCLING: 77,612 44,878 .00 56,534- 114,707- VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 21 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget MUNICIP AL POOL MUNICIPAL POOL RECEIPTS 23-46719 ADULT MEMBERSHIP .00 .00 .00 .00 .00 23-46720 RESIDENT MEMBERSHIPS .00 .00 .00 .00 .00 23-46721 NON-RESIDENT MEMBERSHIPS .00 .00 .00 .00 .00 23-46723 SWIM LESSON FEES .00 .00 .00 .00 .00 23-46725 RENTAL CHARGES .00 .00 .00 .00 .00 23-46731 SPECIAL EVENTS 34 .00 .00 .00 .00 T otal MUNICIPAL POOL RECEIPTS: 34 .00 .00 .00 .00 MISCELLANEOUS RE VENUE 23-48200 SUNDRY - OTHER INCOME .00 .00 .00 1,639 .00 T otal MISCELLANEOUS REVENUE: .00 .00 .00 1,639 .00 OTHER FINANCING SOURCES 23-49210 TRANSFER FROM GENERA L FUND 157,476 130,946 .00 .00 47,072 23-49600 CAPITAL CONTRIBUTION FROM VILL .00 .00 106,527 .00 .00 T otal OTHER FINANCING SOURCES: 157,476 130,946 106,527 .00 47,072 EXPEN DITURES 23-51410-110 VILLAGE MANAGER 5,802 10,739 5,974 4,265 3,100 23-51410-120 ASSISTANT VILLAGE MANAGER 22,997 19,246 24,295 18,872 25,141 23-51410-140 DEFERRED COMPENSATION .00 68 .00 .00 .00 23-51410-150 WISCONSIN RETIREMENT 1,954 2,043 2,109 1,671 1,988 23-51410-151 SOCIAL SECURITY 2,074 2,116 2,321 1,624 2,166 23-51410-152 LIFE INSURANCE 11 12 12 10 13 23-51410-153 HEALTH INSURANCE 6,963 7,700 8,370 7,629 9,139 23-51410-513 WORKER'S COMPENSATION 54 54 50 38 45 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 22 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal VILLAGE MANAGER: 39,854 41,976 43,131 34,109 41,592 23-51420-1 10 CLERK/TREASURER 378 .00 .00 .00 .00 23-51420-150 WISCONSIN RETIREMENT 26 .00 .00 .00 .00 23-51420-151 SOCIAL SECURITY 25 .00 .00 .00 .00 23-51420-152 LIFE INSURANCE .00 .00 .00 .00 .00 23-51420-153 HEALTH INSURANCE 296 .00 .00 .00 .00 23-51420-513 WORKER'S COMPENSATION 1 .00 .00 .00 .00 T otal VILLAGE CLERK: 726 .00 .00 .00 .00 23-51520-12 0 FINANCIAL MANAGER 3,813 3,966 4,120 3,201 4,264 23-51520-140 DEFERRED COMPENSATION .00 10 .00 .00 .00 23-51520-150 WISCONSIN RETIREMENT 254 276 288 231 300 23-51520-151 SOCIAL SECURITY 269 285 316 240 327 23-51520-152 LIFE INSURANCE 2 2 2 2 2 23-51520-153 HEALTH INSURANCE 471 521 570 517 580 23-51520-513 WORKER'S COMPENSATION 6 7 7 5 7 T otal TREASURER/FINANCE: 4,815 5,068 5,303 4,196 5,480 T otal EXPENDITURES: 45,396 47,043 48,434 38,305 47,072 EXPEN DITURES 23-55410-110 DPW LABOR 31,336 36,331 32,315 25,750 .00 23-55410-111 OVERTIME 1,674 3,026 .00 2,118 .00 23-55410-140 DEFERRED COMPENSATION 60 90 .00 .00 .00 23-55410-150 WISCONSIN RETIREMENT 2,304 2,641 2,252 2,099 .00 23-55410-151 SOCIAL SECURITY 2,423 2,713 2,480 2,167 .00 23-55410-152 LIFE INSURANCE 14 17 15 12 .00 23-55410-153 HEALTH INSURANCE 12,016 15,601 14,310 13,573 .00 23-55410-513 WORKER'S COMPENSATION 1,738 1,803 1,156 1,078 .00 23-55410-645 PAGER PAY 541 653 .00 471 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 23 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal DPW MUNICIPAL POOL: 52,106 62,875 52,528 47,267 .00 23-55420-1 10 SALARY-POOL MANAGER 3,032 .00 .00 .00 .00 23-55420-124 POOL SALARIES 580 .00 .00 .00 .00 23-55420-151 SOCIAL SECURITY 276 .00 .00 .00 .00 23-55420-210 CONTRACT SERVICES .00 783 .00 .00 .00 23-55420-220 GAS UTILITIES 248 163 .00 26 .00 23-55420-221 ELECTRIC UTILITIES 1,321 569 .00 62 .00 23-55420-223 WATER/SEWER UTILITIES 7,269 6,307 .00 3,179 .00 23-55420-310 SUPPLIES/EXPENSES 743 .00 .00 263 .00 23-55420-400 MATERIALS 10,871 7,800 .00 1,387- .00 23-55420-425 RECREATIONAL MATERIALS 975 .00 .00 .00 .00 23-55420-501 SALES TAX EXPENSE .00 .00 .00 .00 .00 23-55420-510 INSURANCE 4,700 5,405 5,565 5,565 .00 23-55420-513 WORKER'S COMPENSATION 187 .00 .00 .00 .00 T otal MUNICIPAL POOL: 30,202 21,027 5,565 7,708 .00 T otal EXPENDITURES: 82,308 83,903 58,093 54,976 .00 EXPEN DITURES 23-59230-900 TRANSFER TO DEBT SERVICE 20,150 .00 .00 .00 .00 T otal TRANSFER TO DEBT SERVICE: 20,150 .00 .00 .00 .00 T otal EXPENDITURES: 20,150 .00 .00 .00 .00 EXPEN DITURES 23-91300-849 MAIN POOL CIRCULATING PUMP 4,000 .00 .00 .00 .00 23-91300-850 MISC POOL REPAIRS 5,656 .00 .00 .00 .00 T otal MUNICIPAL POOL CAPITAL PROJECT: 9,656 .00 .00 .00 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 24 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal EXPENDITURES: 9,656 .00 .00 .00 .00 MUNICIP AL POOL Revenue Total: 157,509 130,946 106,527 1,639 47,072 MUNICIP AL POOL Expenditure Total: 157,509 130,946 106,527 93,281 47,072 Net Total MUNICIPAL POOL: .00 .00 .00 91,642- .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 25 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget INSPECTION SE RVICES LICENSES & PERMITS 24-44420 OCCUPANCY PERMIT 1,600 2,000 1,600 1,000 1,600 24-44430 ELECTRICAL PERMIT 23,595 29,127 25,000 20,597 26,500 24-44440 BUILDING BOARD - FEE 1,925 3,975 2,750 2,776 3,000 24-44450 HEATING & HVAC PERMIT 15,008 24,068 20,000 21,033 22,000 24-44460 BUILDING PERMIT 230,753 209,317 175,000 96,814 130,000 24-44470 PLUMBING PERMIT 16,374 19,235 17,500 13,035 17,500 24-44550 CONDITIONAL USE PERMIT 2,100 1,500 1,200 2,400 2,000 T otal LICENSES & PERMITS: 291,354 289,221 243,050 157,655 202,600 SOURCE: 45 24-45600 REINSPE CTION FEE .00 .00 .00 300 .00 T otal SOURCE: 45: .00 .00 .00 300 .00 EXPEN DITURES 24-51410-110 VILLAGE MANAGER 5,802 6,623 5,974 4,265 3,100 24-51410-120 ASSISTANT VILLAGE MANAGER 3,061 2,566 3,239 2,516 3,352 24-51410-140 DEFERRED COMPENSATION .00 16 30 .00 .00 24-51410-150 WISCONSIN RETIREMENT 602 630 642 491 2,464 24-51410-151 SOCIAL SECURITY 657 674 706 508 506 24-51410-152 LIFE INSURANCE 3 3 3 2 3 24-51410-153 HEALTH INSURANCE 928 1,027 1,116 1,017 1,713 24-51410-513 WORKER'S COMPENSATION 16 16 15 11 10 T otal VILLAGE MANAGER: 11,070 11,554 11,725 8,811 11,148 24-51420-1 10 CLERK/TREASURER 6,070 13,952 13,905 10,705 14,392 24-51420-130 DEPUTY CLERK/TREASURER 3,078 2,954 3,400 2,740 3,519 24-51420-140 DEFERRED COMPENSATION .00 26 .00 .00 .00 24-51420-150 WISCONSIN RETIREMENT 621 1,105 1,206 969 1,260 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 26 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 24-51420-15 1 SOCIAL SECURITY 627 1,234 1,327 1,006 1,374 24-51420-152 LIFE INSURANCE 5 3 2 2 2 24-51420-153 HEALTH INSURANCE 3,233 4,611 5,931 3,816 4,284 24-51420-513 WORKER'S COMPENSATION 16 30 28 22 29 T otal VILLAGE CLERK: 13,650 23,915 25,799 19,261 24,860 24-51520-12 0 FINANCIAL MANAGER 3,813 4,031 4,120 3,201 4,264 24-51520-140 DEFERRED COMPENSATION .00 10 .00 .00 .00 24-51520-150 WISCONSIN RETIREMENT 254 276 288 231 300 24-51520-151 SOCIAL SECURITY 269 285 316 240 327 24-51520-152 LIFE INSURANCE 2 2 2 2 2 24-51520-153 HEALTH INSURANCE 471 521 570 517 580 24-51520-513 WORKER'S COMPENSATION 6 7 7 5 7 T otal TREASURER/FINANCE: 4,815 5,133 5,303 4,196 5,480 T otal EXPENDITURES: 29,535 40,601 42,827 32,268 41,488 EXPEN DITURES 24-52400-110 BUILDING INSPECTOR 72,118 74,852 76,510 59,442 79,187 24-52400-140 DEFERRED COMPENSATION 200 200 200 200 200 24-52400-150 WISCONSIN RETIREMENT 4,915 5,136 5,335 4,304 5,573 24-52400-151 SOCIAL SECURITY 5,054 5,175 5,870 4,300 6,073 24-52400-152 LIFE INSURANCE 42 42 42 35 42 24-52400-153 HEALTH INSURANCE 29,606 32,845 34,915 32,008 37,265 24-52400-210 CONTRACT SERVICES 2,829 4,968 5,000 4,183 5,000 24-52400-218 VILLAGE ATTORNEY 922 817 1,500 131 1,000 24-52400-224 CELL PHONES 463 357 500 239 500 24-52400-232 VEHICLE MAINTENANCE 498 487 500 445 500 24-52400-310 SUPPLIES/EXPENSES 273 372 500 .00 1,500 24-52400-321 PROFESSIONAL DUES/MEETINGS 306 291 500 362 500 24-52400-322 TRAINING 1,093 1,236 1,750 1,516 2,000 24-52400-510 INSURANCE 1,500 1,725 1,777 1,777 1,850 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 27 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 24-52400-51 3 WORKER'S COMPENSATION 3,737 3,574 2,740 2,211 2,691 T otal INSPECTION: 123,555 132,077 137,639 111,154 143,881 T otal EXPENDITURES: 123,555 132,077 137,639 111,154 143,881 EXPEN DITURES 24-53100-110 DIRECTOR PUBLIC WORKS 12,143 11,147 10,240 7,957 10,598 24-53100-140 DEFERRED COMPENSATION .00 20 .00 .00 .00 24-53100-150 WISCONSIN RETIREMENT 806 784 715 574 745 24-53100-151 SOCIAL SECURITY 849 811 785 589 812 24-53100-152 LIFE INSURANCE 4 4 4 3 3 24-53100-153 HEALTH INSURANCE 2,961 3,126 2,795 2,551 2,917 24-53100-513 WORKER'S COMPENSATION 613 552 367 295 360 T otal ENGINEER: 17,375 16,444 14,906 11,968 15,435 T otal EXPENDITURES: 17,375 16,444 14,906 11,968 15,435 EXPEN DITURES 24-59210-900 OPERATING TRANSFER OUT 175,000 .00 .00 .00 .00 T otal TRANSFER TO GENERAL FUND: 175,000 .00 .00 .00 .00 T otal EXPENDITURES: 175,000 .00 .00 .00 .00 INSPE CTION SERVICES Revenue Total: 291,354 289,221 243,050 157,955 202,600 INSPE CTION SERVICES Expenditure Total: 345,465 189,122 195,372 155,390 200,804 Net Total INSPECTION SERVICES: 54,112- 100,099 47,678 2,565 1,796 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 28 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget STORMW ATER UTILITY FUND INTERGOVERNMENTAL REVENUE 25-43510 GRANTS - STATE OF WISCONSIN 55,975 .00 .00 .00 306,000 T otal INTERGOVERNMENTAL REVENUE: 55,975 .00 .00 .00 306,000 PUBLIC CHARGES FOR SER VICE 25-46410 STORMWATER USER REVENUE 773,536 823,681 805,000 480,413 824,000 25-46420 LATE FEES & PENALITIES 5,439 6,635 5,600 3,263 5,600 T otal PUBLIC CHARGES FOR SERVICE: 778,975 830,315 810,600 483,676 829,600 MISCELLANEOUS RE VENUE 25-48100 INTEREST INCOME 17,829 39,303 12,500 .00 25,000 T otal MISCELLANEOUS REVENUE: 17,829 39,303 12,500 .00 25,000 OTHER FINANCING SOURCES 25-49100 PROCEEDS FROM B ORROWING .00 .00 .00 .00 .00 25-49600 CAPT CONTRIB FROM THE VILLAGE 37,683 2,561,437 .00 .00 .00 T otal OTHER FINANCING SOURCES: 37,683 2,561,437 .00 .00 .00 EXPEN DITURES 25-52400-397 PUBLIC EDUCATION PROGRAM 15,875 11,025 25,000 14,138 25,000 25-52400-401 DRY WEATHER MONITORING .00 .00 150 .00 150 25-52400-410 PERMIT EXPENSES 1,000 1,000 1,200 1,000 1,200 T otal COMPLIANCE: 16,875 12,025 26,350 15,138 26,350 T otal EXPENDITURES: 16,875 12,025 26,350 15,138 26,350 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 29 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget EXPEN DITURES 25-53410-233 EQUIPMENT 9,198 18,058 10,000 .00 10,000 25-53410-400 MATERIALS 1,072 1,696 2,000 1,174 2,000 T otal STORM SEWER: 10,270 19,754 12,000 1,174 12,000 25-53420-23 3 EQUIPMENT 18,616 32,086 10,000 .00 15,000 25-53420-400 MATERIALS 14,970 12,101 8,000 6,464 8,000 25-53420-415 MAINTENANCE 1,773 2,500 2,000 1,181 2,000 25-53420-483 LANDSCAPING 2,499 3,235 4,000 4,065 4,000 T otal CULV/DITCH/ENDWALL/CATCH BASIN: 37,859 49,922 24,000 11,711 29,000 25-53640-23 3 EQUIPMENT 40,891 1,223 50,000 .00 45,000 25-53640-400 MATERIALS 659 363 1,000 1,677 1,000 T otal LEAF COLLECTION AND DISPOSAL: 41,550 1,586 51,000 1,677 46,000 25-53660-23 3 EQUIPMENT 1,733 .00 500 .00 250 25-53660-400 MATERIALS 1,265 1,094 1,000 1,132 1,000 T otal STORM & FLOOD EMERGENCY: 2,997 1,094 1,500 1,132 1,250 25-53800-1 10 DPW LABOR 60,482 59,044 69,150 53,219 124,978 25-53800-111 OVERTIME 4,571 5,757 5,000 5,371 5,000 25-53800-140 DEFERRED COMPENSATION 130 218 .00 .00 .00 25-53800-150 WISCONSIN RETIREMENT 5,214 6,014 5,345 4,821 9,716 25-53800-151 SOCIAL SECURITY 5,540 6,197 5,880 5,009 10,588 25-53800-152 LIFE INSURANCE 16 24 15 12 47 25-53800-153 HEALTH INSURANCE 27,976 36,321 30,930 29,302 55,043 25-53800-210 CONTRACT SERVICES 1,038 7,216 3,000 1,857 3,000 25-53800-212 ADMINISTRATIVE ASSISTANT 7,986 7,776 7,488 5,716 7,750 25-53800-232 VEHICLE MAINTENANCE 30 1,343 .00 54 2,000 25-53800-233 GIS MAINTENANCE 11,785 9,559 12,000 13,929 7,500 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 30 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 25-53800-23 4 GREEN INSFRASTRUCT MAINTENANCE 12,435 14,787 20,000 16,333 40,000 25-53800-322 TRAINING 50 270 500 186 500 25-53800-513 WORKER'S COMPENSATION 3,569 3,800 2,490 2,271 4,262 25-53800-645 PAGER PAY 872 1,009 300 813 650 T otal PUBLIC WORKS: 141,692 159,335 162,098 138,893 271,034 T otal EXPENDITURES: 234,368 231,690 250,598 154,587 359,284 EXPEN DITURES 25-55410-110 VILLAGE MANAGER 15,195 11,438 5,974 3,702 3,100 25-55410-120 VILLAGE STAFF 12,481 965 30,267 23,981 31,326 25-55410-140 DEFERRED OMPENSATION .00 64 .00 .00 .00 25-55410-150 WISCONSIN RETIREMENT 2,090 2,504 2,763 2,196 2,421 25-55410-151 SOCIAL SECURITY 2,213 2,666 3,339 2,273 3,158 25-55410-152 LIFE INSURANCE 13 13 13 11 14 25-55410-153 HEALTH INSURANCE 6,705 7,593 9,783 7,335 8,904 25-55410-210 CONTRACT SERVICES 4,733 5,445 5,600 3,931 5,600 25-55410-212 DEPUTY CLERK TREASURER 3,078 2,962 3,400 2,740 3,519 25-55410-310 SUPPLIES/EXPENSES 3,298 3,636 .00 2,528 1,500 25-55410-510 INSURANCE 2,600 2,990 3,080 3,080 3,175 25-55410-513 WORKER'S COMPENSATION 646 804 721 578 704 T otal ADMINISTRATIVE : 53,051 41,080 64,940 52,356 63,421 T otal EXPENDITURES: 53,051 41,080 64,940 52,356 63,421 EXPEN DITURES 25-58200-610 PRINCIPAL .00 .00 227,000 .00 247,000 25-58200-620 INTEREST ON LONG-TERM DEBT 23,908 48,577 101,120 70,675 82,239 25-58200-680 DEBT ISSUANCE COSTS .00 21,932 .00 .00 .00 T otal PRINCIPLE & INTEREST EXPENSE: 23,908 70,509 328,120 70,675 329,239 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 31 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal EXPENDITURES: 23,908 70,509 328,120 70,675 329,239 EXPEN DITURES 25-81000-926 GASB 68 PENSION EXPENSE 5,780 243- .00 .00 .00 T otal EXPENDITURES: 5,780 243- .00 .00 .00 T otal EXPENDITURES: 5,780 243- .00 .00 .00 EXPEN DITURES 25-91500-800 WPDES COMPLIANCE PROGRAM 13,488 33,539 50,000 49,073 50,000 25-91500-803 STORM SEWER - FEMA/AUG 2025 .00 .00 .00 .00 340,000 25-91500-833 STORM SEWER SYSTEM IMPROVE. 34,363 10,051 .00 125 415,000 25-91500-834 STORM SEWER. MANOR/INDIAN CRK 180 2,157 8,000 1,219 .00 25-91500-835 STORM SEWER SYSTEM (MISC) 6,841 31,641 75,000 85,783 100,000 25-91500-846 STORM SEWER ASSESSMENTS .00 3,565 20,000 2,637 .00 25-91500-847 STORMWATER PIPE TELEVISING 1,500 .00 .00 .00 .00 T otal STORMWATER CAPITAL: 56,372 80,953 153,000 138,838 905,000 T otal EXPENDITURES: 56,372 80,953 153,000 138,838 905,000 STORMW ATER UTILITY FUND Revenue Total: 890,461 3,431,055 823,100 483,676 1,160,600 STORMW ATER UTILITY FUND Expenditure Total: 390,354 436,015 823,008 431,594 1,683,294 Net Total STORMWATER UTILITY FUND: 500,108 2,995,040 92 52,082 522,694- Village of Fox Point Existing Storm Water Supported General Obligation Debt Service Payments Issue: 1 Issue: 2 Issue: 3 Amount: $2,585,000 Amount: $1,200,000 ($375,000 Storm Water Portion) Amount: $1,405,000 ($205,000 Storm Water Portion) Type: G.O. Promissory Notes, Series 2016A (New/AR) Type: G.O. Promissory Notes, Series 2017 Type: G.O. Promissory Notes, Series 2018 Dated: Dated: Dated: Callable: Callable 4/1/24 @ Par Callable: Callable 4/1/25 @ Par Callable: Callable 4/1/25 @ Par Calendar PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL Year (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) 2025 $20,000 1.550% $485 $20,485 $40,000 3.000% $3,150 $43,150 $20,000 3.000% $2,144 $22,144 2026 $20,000 1.650% $165 $20,165 $40,000 3.000% $1,950 $41,950 $20,000 2.500% $1,594 $21,594 2027 $45,000 3.000% $675 $45,675 $25,000 2.625% $1,016 $26,016 2028 $25,000 2.750% $344 $25,344 2029 2030 2031 2032 2033 2034 $40,000 $650 $40,650 $125,000 $5,775 $130,775 $90,000 $5,097 $95,097 Term Bond '21-'22 August 1, 2016 August 2, 2017 July 30, 2018 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Storm Water Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Issue: 4 Issue: 5 Issue: 6 Amount: $1,830,000 ($215,000 Storm Water Portion) Amount: $1,006,000 ($230,000 Storm Water Portion) Amount: $2,410,000 ($325,000 Storm Water Portion) Type: G.O. Promissory Notes, Series 2019 Type: General Obligation Refunding Bonds (CR) Type: G.O. Promissory Notes, Series 2022A Dated: Dated: Dated: Callable: Callable 4/1/26 @ Par Callable: Callable Anytime With 30 Days Notice Callable: Callable 4/1/29 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $20,000 4.000% $2,900 $22,900 $47,000 0.98% $691 $47,691 $30,000 4.000% $9,100 $39,100 $25,000 4.000% $2,000 $27,000 $47,000 0.98% $230 $47,230 $30,000 4.000% $7,900 $37,900 $25,000 2.000% $1,250 $26,250 $30,000 4.000% $6,700 $36,700 $25,000 2.000% $750 $25,750 $35,000 4.000% $5,400 $40,400 $25,000 2.000% $250 $25,250 $35,000 4.000% $4,000 $39,000 $35,000 3.000% $2,775 $37,775 $35,000 3.000% $1,725 $36,725 $40,000 3.000% $600 $40,600 $120,000 $7,150 $127,150 $94,000 $921 $94,921 $270,000 $38,200 $308,200 Term Bond 2021-26 July 30, 2019 January 5, 2021 August 2, 2022 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Storm Water Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Issue: 7 Amount: $5,140,000 ($1,650,000 Storm Water Portion) Type: G.O. Promissory Notes, Series 2024 Dated: TOTAL DEBT SERVICE REQUIREMENTS Callable: Callable 4/1/31 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL INTEREST TOTAL (4/1) (4/1 & 10/1) $50,000 4.000% $82,650 $132,650 $227,000 $101,120 $328,120 $65,000 4.000% $68,400 $133,400 $247,000 $82,239 $329,239 $130,000 4.000% $64,500 $194,500 $255,000 $74,141 $329,141 $175,000 4.000% $58,400 $233,400 $260,000 $64,894 $324,894 $180,000 5.000% $50,400 $230,400 $240,000 $54,650 $294,650 $190,000 5.000% $41,150 $231,150 $225,000 $43,925 $268,925 $200,000 5.000% $31,400 $231,400 $235,000 $33,125 $268,125 $210,000 4.000% $22,200 $232,200 $250,000 $22,800 $272,800 $220,000 4.000% $13,600 $233,600 $220,000 $13,600 $233,600 $230,000 4.000% $4,600 $234,600 $230,000 $4,600 $234,600 $1,650,000 $437,300 $2,087,300 $2,389,000 $495,093 $2,884,093 August 1, 2024 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 32 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget DEBT SER VICE FUND TAXES 30-41100 VILLAGE TAX LEVY 1,759,261 2,146,750 2,148,135 2,148,135 2,406,681 T otal TAXES: 1,759,261 2,146,750 2,148,135 2,148,135 2,406,681 MISCELLANEOUS RE VENUE 30-48100 INTEREST ON INVESTMENTS 45,146 26,065 15,000 .00 25,000 T otal MISCELLANEOUS REVENUE: 45,146 26,065 15,000 .00 25,000 OTHER FINANCING SOURCES 30-49100 PROCEEDS OF LONG-TERM DEB T .00 .00 .00 2,257,522 .00 30-49120 TRANSFER FROM LIBRARY FUND 14,101 14,351 14,584 14,584 15,250 30-49220 TRANSFER FROM MUNICIPAL POOL 20,150 .00 .00 .00 .00 30-49245 MISC INCOME .00 .00 .00 400 .00 30-49600 PREMIUM ON LONG-TERM DEBT 61,359 249,420 .00 140,674 .00 T otal OTHER FINANCING SOURCES: 95,610 263,770 14,584 2,413,180 15,250 EXPEN DITURES 30-58100-312 BORROWING EXPENSE 475 .00 .00 .00 .00 30-58100-610 PRINCIPAL 1,542,300 1,658,900 1,779,700 6,129,700 1,986,900 30-58100-615 PAYMENT TO ESCROW AGENT 4,750 5,700 .00 6,690 .00 30-58100-620 INTEREST 271,360 506,500 398,019 423,652 460,031 T otal PRINCIPLE & INTEREST EXPENSE: 1,818,885 2,171,100 2,177,719 6,560,041 2,446,931 T otal EXPENDITURES: 1,818,885 2,171,100 2,177,719 6,560,041 2,446,931 DEBT SERVICE FUND Revenue Total: 1,900,017 2,436,585 2,177,719 4,561,315 2,446,931 DEBT SERVICE FUND Expenditure Total: 1,818,885 2,171,100 2,177,719 6,560,041 2,446,931 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 33 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget Net Total DEBT SERVICE FUND: 81,132 265,485 .00 1,998,727- .00 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Issue: 1 Issue: 2 Issue: 3 Amount: $2,500,000 Amount: $3,245,000 Amount: $2,585,000 Type: G.O. Corporate Purpose Bonds Type: G.O. Promissory Notes (New/AR) Type: G.O. Refunding Bonds, Series 2016A (AR) Dated: May 2, 2012 Dated: Dated: Callable: '23-'27 Callable April 1, 2022 Callable: '23-'25 Callable April 1, 2022 Callable: Callable 4/1/24 @ Par Calendar PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL Year (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) 2025 $200,000 2.25% $12,238 $212,238 $105,000 2.10% $1,103 $106,103 $100,000 1.55% $2,425 $102,425 2026 $205,000 2.25% $7,681 $212,681 $100,000 1.65% $825 $100,825 2027 $215,000 2.50% $2,688 $217,688 2028 2029 2030 2031 2032 2033 2034 2035 $620,000 $22,606 $642,606 $105,000 $1,103 $106,103 $200,000 $3,250 $203,250 November 3, 2015 August 1, 2016 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 4 Issue: 5 Issue: 6 Amount: $2,040,000 Amount: $1,200,000 ($825,000 Levy Portion) Amount: $1,405,000 ($1,000,000 Levy Portion) Type: Taxable G.O. Refunding Bonds, Series 2016B (CR) Type: G.O. Promissory Notes Type: G.O. Promissory Notes Dated: Dated: Dated: Callable: Callable 4/1/25 @ Par Callable: Callable 4/1/25 @ Par Callable: Callable 4/1/25 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $121,700 2.125% $28,445 $150,145 $90,000 3.000% $6,900 $96,900 $125,000 3.000% $12,125 $137,125 $126,900 2.375% $25,645 $152,545 $90,000 3.000% $4,200 $94,200 $125,000 2.500% $8,688 $133,688 $132,500 2.375% $22,565 $155,065 $95,000 3.000% $1,425 $96,425 $130,000 2.625% $5,419 $135,419 $138,400 2.500% $19,261 $157,661 $135,000 2.750% $1,856 $136,856 $144,700 2.625% $15,632 $160,332 $151,500 2.750% $11,650 $163,150 $158,700 2.875% $7,285 $165,985 $166,800 3.000% $2,502 $169,302 $1,141,200 $132,985 $1,274,185 $275,000 $12,525 $287,525 $515,000 $28,088 $543,088 Term Bond '21-'22 August 1, 2016 August 2, 2017 July 30, 2018 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 7 Issue: 8 Issue: 9 Amount: $1,830,000 ($1,615,000 Levy Portion) Amount: $2,505,000 ($2,290,000 Levy Portion) Amount: $1,006,000 ($427,000 Levy Portion) Type: G.O. Promissory Notes, Series 2019 Type: G.O. Promissory Notes, Series 2020 Type: G.O. Refunding Bonds (CR) Dated: Dated: Dated: Callable: Callable 4/1/26 @ Par Callable: Callable 4/1/27 @ Par Callable: Callable Anytime With 30 Days Notice PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $200,000 4.000% $25,400 $225,400 $250,000 2.000% $18,825 $268,825 $88,000 0.980% $1,313 $89,313 $205,000 4.000% $17,300 $222,300 $260,000 1.500% $14,375 $274,375 $90,000 0.980% $441 $90,441 $215,000 2.000% $11,050 $226,050 $265,000 1.500% $10,438 $275,438 $220,000 2.000% $6,700 $226,700 $275,000 1.000% $7,075 $282,075 $225,000 2.000% $2,250 $227,250 $280,000 1.000% $4,300 $284,300 $290,000 1.000% $1,450 $291,450 $1,065,000 $62,700 $1,127,700 $1,620,000 $56,463 $1,676,463 $178,000 $1,754 $179,754 August 4, 2020 January 5, 2021July 30, 2019 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 10 Issue: 11 Issue: 12 Amount: $3,175,000 ($2,475,000 Levy Portion) Amount: $2,410,000 ($1,525,000 Levy Portion) Amount: $4,350,000 Type: G.O. Promissory Notes, Series 2021 Type: G.O. Promissory Notes, Series 2022A Type: G.O. Promissory Notes, Series 2023A Dated: Dated: Dated: Callable: Callable 4/1/28 @ Par Callable: Callable 4/1/29 @ Par Callable: '26 Callable 4/1/24 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $200,000 2.000% $32,813 $232,813 $140,000 4.000% $44,200 $184,200 $174,000 $174,000 $295,000 2.000% $27,863 $322,863 $145,000 4.000% $38,500 $183,500 *** 4.000% $300,000 2.000% $21,913 $321,913 $155,000 4.000% $32,500 $187,500 $305,000 2.000% $15,863 $320,863 $160,000 4.000% $26,200 $186,200 $310,000 2.000% $9,713 $319,713 $170,000 4.000% $19,600 $189,600 $320,000 1.000% $5,013 $325,013 $175,000 3.000% $13,575 $188,575 $325,000 1.050% $1,706 $326,706 $180,000 3.000% $8,250 $188,250 $185,000 3.000% $2,775 $187,775 $2,055,000 $114,881 $2,169,881 $1,310,000 $185,600 $1,495,600 $0 $174,000 $174,000 Purpose: Lakeshore Project *** Refinanced by 2025 GOPNs. August 2, 2021 August 2, 2022 April 4, 2023 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 13 Issue: 14 Amount: $1,840,000 ($485,000 Levy Portion) Amount: $5,140,000 ($1,205,000 Levy Portion) Type: G.O. Promissory Notes, Series 2023B Type: G.O. Promissory Notes, Series 2024A Dated: Dated: Callable: Callable 4/1/30 @ Par Callable: Callable 4/1/31 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $35,000 4.000% $15,300 $50,300 $125,000 4.000% $57,933 $182,933 $40,000 4.000% $13,800 $53,800 $100,000 4.000% $44,800 $144,800 $40,000 4.000% $12,200 $52,200 $100,000 4.000% $40,800 $140,800 $40,000 4.000% $10,600 $50,600 $110,000 4.000% $36,600 $146,600 $45,000 4.000% $8,900 $53,900 $115,000 5.000% $31,525 $146,525 $45,000 4.000% $7,100 $52,100 $120,000 5.000% $25,650 $145,650 $50,000 4.000% $5,200 $55,200 $125,000 5.000% $19,525 $144,525 $50,000 4.000% $3,200 $53,200 $130,000 4.000% $13,800 $143,800 $55,000 4.000% $1,100 $56,100 $135,000 4.000% $8,500 $143,500 $145,000 4.000% $2,900 $147,900 $400,000 $77,400 $477,400 $1,205,000 $282,033 $1,487,033 August 1, 2024August 1, 2023 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Levy Supported General Obligation Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 15 Amount: $9,850,000 ($6,165,000 Levy Portion) Type: G.O. Promissory Notes, Series 2025A Dated: TOTAL DEBT SERVICE REQUIREMENTS Callable: Callable 4/1/32 @ Par 2024 BID PRINCIPAL RATE INTEREST TOTAL PREMIUM** PRINCIPAL INTEREST TOTAL (4/1) (4/1 & 10/1) ($35,000) $1,779,700 $398,019 $2,177,719 $205,000 3.000% $255,914 $460,914 $1,986,900 $460,031 $2,446,931 $570,000 3.000% $208,888 $778,888 $2,217,500 $369,883 $2,587,383 $585,000 3.000% $191,563 $776,563 $1,968,400 $315,718 $2,284,118 $605,000 4.000% $170,688 $775,688 $1,894,700 $262,607 $2,157,307 $635,000 4.000% $145,888 $780,888 $1,736,500 $210,325 $1,946,825 $660,000 4.000% $119,988 $779,988 $1,498,700 $161,954 $1,660,654 $685,000 4.000% $93,088 $778,088 $1,216,800 $115,365 $1,332,165 $710,000 4.000% $65,188 $775,188 $900,000 $74,788 $974,788 $745,000 3.250% $38,881 $783,881 $890,000 $41,781 $931,781 $765,000 3.500% $13,388 $778,388 $765,000 $13,388 $778,388 $6,165,000 $1,303,470 $7,468,470 ($35,000) $16,854,200 $2,423,858 $19,278,058 August 4, 2025 **Bid premium offset of $35,000 applied to offset interest payments due in 2025 for the Levy Supported portion of the 2024 GOPNs. Total bid premium of $249,419.65 is available. ***Assumes no bid premium is applied in 2026 (levy). Total bid premium of $140,674.48 is available to offset future levies if desired. Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 34 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget CAPIT AL PROJECTS FUND SPECIAL ASSESSMENT 40-42000 SPECIAL ASSMNT (PRIVATE ROAD) 1,108 .00 .00 .00 .00 T otal SPECIAL ASSESSMENT: 1,108 .00 .00 .00 .00 INTERGOVERNMENT AL AID 40-43210 GRANTS - STATE/ARP FUNDS .00 684,846 .00 .00 .00 40-43510 GRANTS - STATE OF WISCONSIN 3,987 32,702 43,884 125,612 .00 40-43511 GRANTS - FEMA/WEM 1,450,045 .00 .00 .00 .00 40-43565 URBAN FORESTRY GRANT .00 24,125 .00 .00 .00 40-43580 MMSD REIMBURSEMENT .00 .00 .00 832,486 .00 T otal INTERGOVERNMENTAL AID: 1,454,032 741,673 43,884 958,098 .00 MISCELLANEOUS RE VENUE 40-48100 INTEREST INCOME 153,349 52,214 165,000 .00 50,000 40-48200 SUNDRY - OTHER INCOME 173,532 25,001 .00 280,273 20,000 40-48320 PROCEEDS-SALE OF EQUIPMENT 76,799 12,450 15,000 11,120 10,000 T otal MISCELLANEOUS REVENUE: 403,680 89,665 180,000 291,393 80,000 OTHER FINANCING SOURCES 40-49100 PROCEEDS FROM B ORROWING 485,000 1,205,000 3,146,421 3,955,090 .00 40-49101 PROCEED FROM BOND ANTICIP NOTE 4,350,000 .00 .00 .00 .00 40-49210 TRANSFERS FROM GENERAL FUND .00 386,854 .00 .00 .00 T otal OTHER FINANCING SOURCES: 4,835,000 1,591,854 3,146,421 3,955,090 .00 PRINCIPLE & INTE REST EXPENSE 40-58100-680 DEBT ISSUANCE COST 43,639 16,022 .00 55,909 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 35 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal PRINCIPLE & INTEREST EXPENSE: 43,639 16,022 .00 55,909 .00 T otal PRINCIPLE & INTEREST EXPENSE: 43,639 16,022 .00 55,909 .00 CAPIT AL PROJECTS EXPENSES 40-91000-878 VOTING SYSTEM 17,082 7,660 .00 .00 .00 T otal CAPITAL PROJECTS EXPENSES: 17,082 7,660 .00 .00 .00 40-91 100-803 BOARD ROOM IMPROVEMENTS .00 .00 .00 2,061 14,250 40-91100-805 VILLAGE HALL IMPROVEMENTS .00 .00 135,000 156,242 .00 40-91100-807 COMPUTERS .00 62,737 .00 .00 .00 40-91100-813 DIGITIZE PROPERTY RECORDS .00 .00 46,700 23,375 .00 40-91100-816 SMALL EQUIPMENT PURCHASES 40,033 40,194 .00 6,759 .00 40-91100-818 TELEPHONE SYSTEM .00 11,080 .00 .00 .00 40-91100-825 CHILLER REPAIRS .00 .00 .00 .00 125,000 40-91100-878 VOTING EQUIPMENT .00 .00 .00 .00 8,573 T otal GENERAL GOVT - EQUIP/CAPITAL : 40,033 114,010 181,700 188,437 147,823 40-91200-80 1 SQUAD CARS .00 121,383 67,500 76,039 74,600 40-91200-804 COMPUTER SYSTEM .00 .00 15,000 5,134 .00 40-91200-810 RADAR SPEED SIGNS .00 .00 4,000 .00 .00 40-91200-819 SMALL EQUIPMENT 12,829 .00 9,500 .00 5,200 40-91200-829 FACILITIES MAINTENANCE 13,022 .00 .00 .00 .00 40-91200-830 DISPATCH - CAPITAL 23,067 23,067 23,067 23,067 23,643 40-91200-835 MOBILE VIDEO SYSTEMS 100,335 .00 .00 .00 .00 T otal POLICE DEPT - EQUIP/CAPITAL : 149,254 144,450 119,067 104,240 103,443 40-91400-80 1 DUMP TRUCK .00 .00 .00 .00 520,000 40-91400-802 MOWER .00 .00 .00 .00 30,000 40-91400-803 REPLACE BACKHOE/LOADER 231,434 .00 .00 .00 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 36 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 40-91400-80 5 VENTRAC .00 .00 78,000 77,139 .00 40-91400-806 PICKUP TRUCK - W/PLOW 68,399 49,438 32,500 31,949 .00 40-91400-813 RUBBISH SCOOTER 86,672 .00 .00 .00 .00 40-91400-814 GARBAGE PACKER .00 269,188 .00 .00 .00 40-91400-819 PICKUP TRUCK .00 .00 .00 .00 35,000 40-91400-833 PRESSURE WASHER .00 .00 .00 .00 12,000 40-91400-834 UTILITY VEHICLE .00 .00 200,000 44,689 .00 40-91400-841 SMALL EQUIPMENT PURCHASES 4,193 .00 .00 .00 .00 T otal PUBLIC WORKS - EQUIPMENT: 390,697 318,626 310,500 153,777 597,000 40-91500-80 1 STREET RESURFACING 305,185 1,642,984 1,368,000 85,810 1,920,500 40-91500-825 PROJECT MANAGEMENT 9,733 5,840 25,000 14,068 25,000 T otal PUBLIC WORKS -CAPITAL PROJECTS: 314,918 1,648,824 1,393,000 99,878 1,945,500 40-91600-80 0 STORMWATER ROAD PROJECT 53,682 2,497,680 271,000 67,860 .00 40-91600-809 TILT TRAILER #66 .00 .00 9,500 8,801 .00 40-91600-810 BEACH DRIVE PROJECT - MISC .00 .00 15,000 17,764 .00 40-91600-811 BEACH DRIVE JETTIES .00 .00 550,000 92,691 800,000 40-91600-821 BUILDING REPAIRS-GARAGE DOOR .00 .00 .00 .00 50,000 40-91600-823 REINVENTORY VILLAGE TREES .00 48,250 .00 .00 .00 40-91600-824 TREE PLANTING 14,922 16,526 19,000 16,146 20,000 40-91600-826 LONGACRE - ROOF REPAIR 25,057 .00 .00 .00 .00 40-91600-830 SIGN REPLACEMENT 7,783 9,416 15,000 11,071 .00 40-91600-833 TREE REPLACEMENT 80,878 69,309 75,000 68,862 75,000 40-91600-834 REPAIR TENNIS COURTS 90,743 54,988 .00 .00 .00 40-91600-842 PAINT- GAS TANK & GUARD RAILS .00 .00 16,500 17,525 .00 40-91600-843 POOL DEMOLITION .00 .00 250,000 182,122 .00 40-91600-849 BEACH DRIVE-SHORELINE EROSION 3,519,410 307,799 .00 89,899- .00 40-91600-851 DISEASED TREE REMOVAL 7,250 5,000 11,000 7,944 10,000 T otal RECREATION - EQUIP/CAPITAL: 3,799,724 3,008,968 1,232,000 400,885 955,000 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 37 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 40-91700-80 1 NSFD CAPITAL EXPENSE 64,036 57,616 58,103 58,105 85,488 40-91700-802 NSFD EXPENSE 2010 AND BEYOND 38,862 67,022 75,935 75,936 78,002 T otal NSFD-EQUIP/CAPITAL: 102,898 124,638 134,038 134,041 163,490 40-91800-80 1 NSL - CAPITAL EXPENSE .00 .00 .00 643,185 .00 T otal NORTH SHORE LIBRARY: .00 .00 .00 643,185 .00 T otal CAPITAL PROJECTS EXPENSES: 4,814,606 5,367,177 3,370,305 1,724,442 3,912,256 CAPIT AL PROJECTS FUND Revenue Total: 6,693,820 2,423,192 3,370,305 5,204,581 80,000 CAPIT AL PROJECTS FUND Expenditure Total: 4,858,244 5,383,199 3,370,305 1,780,351 3,912,256 Net Total CAPITAL PROJECTS FUND: 1,835,575 2,960,007- .00 3,424,231 3,832,256- VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 38 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget W ATER UTILITY FUND OTHER FINANCING SOURCES 50-49100 PROCEEDS FROM BORROWING .00 .00 2,869,409 3,450,000 .00 T otal OTHER FINANCING SOURCES: .00 .00 2,869,409 3,450,000 .00 GENERAL GOVERN MENT 50-51410-110 VILLAGE MANAGER 5,802 6,623 5,974 4,265 3,100 50-51410-120 ASSISTANT VM SALARY 3,061 2,566 3,240 2,516 3,352 50-51410-140 DEFERRED COMPENSATION .00 16 .00 .00 .00 50-51410-150 WISCONSIN RETIREMENT 603 631 642 491 454 50-51410-151 SOCIAL SECURITY 657 673 706 508 495 50-51410-152 LIFE INSURANCE 3 3 3 2 3 50-51410-153 HEALTH INSURANCE 928 1,027 1,116 1,017 1,713 50-51410-513 WORKER'S COMPENSATION 16 16 15 11 11 T otal VILLAGE MANAGER: 11,070 11,554 11,696 8,811 9,128 50-51420-1 10 CLERK/TREASURER 3,219 4,711 3,708 2,782 3,838 50-51420-120 DEPUTY CLERK/TREASURER 3,078 2,962 3,400 2,740 3,519 50-51420-140 DEFERRED COMPENSATION .00 18 .00 .00 .00 50-51420-150 WISCONSIN RETIREMENT 428 484 495 398 518 50-51420-151 SOCIAL SECURITY 437 555 545 420 564 50-51420-152 LIFE INSURANCE 4 2 .00 2 2 50-51420-153 HEALTH INSURANCE 2,345 1,852 2,862 1,018 1,142 50-51420-513 WORKER'S COMPENSATION 12 14 14 9 12 T otal VILLAGE CLERK: 9,522 10,597 11,024 7,369 9,595 50-51520-12 0 FINANCIAL MANAGER 3,739 4,031 4,120 3,201 4,264 50-51520-140 DEFERRED COMPENSATION .00 10 .00 .00 .00 50-51520-150 WISCONSIN RETIREMENT 254 276 288 231 300 50-51520-151 SOCIAL SECURITY 269 285 316 240 327 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 39 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 50-51520-15 2 LIFE INSURANCE 2 2 2 2 2 50-51520-153 HEALTH INSURANCE 471 521 567 517 580 50-51520-513 WORKER'S COMPENSATION 7 7 7 5 7 T otal TREASURER/FINANCE: 4,743 5,132 5,300 4,196 5,480 T otal GENERAL GOVERNMENT: 25,335 27,283 28,020 20,376 24,203 PUBLIC WORKS 50-53100-1 10 DIRECTOR PUBLIC WORKS 12,133 3,135- 19,200 14,919 19,872 50-53100-120 ADMINISTRATIVE ASSISTANT 6,852 7,775 7,488 5,716 7,750 50-53100-122 ADMINISTRATIVE ASSISTANT 1,132 .00 .00 .00 .00 50-53100-140 DEFERRED COMPENSATION .00 58 .00 .00 .00 50-53100-150 WISCONSIN RETIREMENT 1,347 1,569 1,862 1,494 1,943 50-53100-151 SOCIAL SECURITY 1,446 1,618 2,047 1,533 2,118 50-53100-152 LIFE INSURANCE 4 6 7 5 6 50-53100-153 HEALTH INSURANCE 5,955 6,618 7,893 7,192 8,424 50-53100-233 GIS MAINTENANCE 2,437 11,184 10,000 1,966 7,500 50-53100-513 WORKER'S COMPENSATION 628 779 699 562 688 T otal ENGINEER: 31,934 26,472 49,196 33,386 48,301 T otal PUBLIC WORKS: 31,934 26,472 49,196 33,386 48,301 W ATER UTILITY EXPENSES 50-81000-110 DPW LABOR .00 16,083- 142,350 110,643 140,103 50-81000-111 OVERTIME 6,139 6,378 6,000 7,930 6,000 50-81000-140 DEFERRED COMPENSATION 320 490 266 200 266 50-81000-150 WISCONSIN RETIREMENT 11,450 11,862 12,005 10,709 12,425 50-81000-151 SOCIAL SECURITY 12,228 12,393 13,215 11,027 13,540 50-81000-152 LIFE INSURANCE 37 36 34 31 30 50-81000-153 HEALTH INSURANCE 55,347 58,777 65,056 61,693 71,742 50-81000-312 BORROWING EXPENSE .00 21,796 .00 31,282 .00 50-81000-330 CLOTHING ALLOWANCE 350 .00 .00 .00 .00 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 40 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget 50-81000-40 3 DEPRECIATION EXPENSE 346,413 377,497 .00 .00 .00 50-81000-408 TAXES 269,558 267,844 230,000 172,494 265,000 50-81000-427 INTEREST EXPENSE 53,484 112,987 156,452 97,538 269,956 50-81000-428 AMORTIZATION OF DEBT DISC EXP 375- .00 .00 .00 .00 50-81000-500 CONTINGENCY FUND .00 220 .00 .00 .00 50-81000-513 WORKER'S COMPENSATION 6,058 5,823 5,137 4,191 4,255 50-81000-601 SOURCE OF WATER SUPPLY 271,198 291,934 294,891 245,742 318,231 50-81000-610 PRINCIPAL .00 .00 397,000 .00 701,800 50-81000-625 MAINTENANCE OF PUMPING EQPT 611 .00 .00 .00 .00 50-81000-640 OPERATIONS LABOR WATER MAINS 228,193 295,035 110,000 66,348 112,000 50-81000-641 OPERATIONS SUPPLY AND EXPENSE 1,330 914 1,000 1,522 1,000 50-81000-642 METER INST TEST OP LABOR 2,672 802 .00 .00 .00 50-81000-643 HYDRANT MAINT OP LABOR 5,408 6,992 5,500 .00 .00 50-81000-645 PAGER PAY 2,540 2,393 3,500 1,772 3,500 50-81000-650 MAINTENANCE OF DIST RESERVOIRS .00 .00 15,000 .00 .00 50-81000-651 MAINTENANCE OF MAINS 73,154 110,831 95,000 51,109 75,000 50-81000-653 MAINTENANCE OF METERS 1,490 2,247 3,500 2,637 3,500 50-81000-654 MAINTENANCE OF HYDRANTS 5,513 1,954 5,000 1,717 5,000 50-81000-655 MAINTENANCE OF OTHER PLANT 1,634 5,015 6,000 4,427 6,000 50-81000-680 DEBT ISSUANCE COSTS 38,721 .00 .00 .00 .00 50-81000-800 CAPITAL OUTLAY 15,129 12,780 2,608,500 1,679,456 130,000 50-81000-844 NSWC CAPITAL PROJECTS 1,633 .00 543,127 12,819 373,150 50-81000-901 METER READING LABOR 204 697 .00 .00 .00 50-81000-902 ACCOUNTING & COLLECTING LABOR 22,508 17,625 26,400 20,511 27,324 50-81000-903 SUPPLIES AND EXPENSE 2,342- 982- 2,500 3,042 3,500 50-81000-921 OFFICE SUPPLIES AND EXPENSE 5,736 6,952 3,500 6,434 7,000 50-81000-923 OUTSIDE SERVICES EMPLOYED 6,138 6,037 5,600 3,570 6,000 50-81000-924 PROPERTY INSURANCE 5,200 5,980 6,160 6,160 6,345 50-81000-926 GASB 68 PENSION EXPENSE 14,052 5,048- .00 .00 .00 50-81000-928 REGULATORY COMMISSION EXPENSE 1,678 2,685 2,500 4,050 2,500 50-81000-930 MISC GENERAL EXPENSE 5,719 15,252 6,000 8,202 7,500 50-81000-933 TRANSPORTATION EXPENSE 9,911 11,180 12,000 6,824 11,500 VILLAGE OF FOX POINT Vi llage of Fox Point - 2026 Budget Worksheet Page: 41 Period: 08/25 Oct 21, 2025 01:52PM 2023 2024 2025 2025 2026-26 Account Actual Actual Adopted Cur Y ear Proposed Number Account Title Budget Actual Budget T otal WATER UTILITY EXPENSES: 1,479,040 1,651,295 4,783,193 2,634,079 2,584,167 T otal WATER UTILITY EXPENSES: 1,479,040 1,651,295 4,783,193 2,634,079 2,584,167 W ATER SALES REVENUE 50-84190 INTEREST AND DIVIDEND INCOME 107,544 46,374 125,000 .00 75,000 50-84191 NSWC INTEREST INCOME ALLOCATED 6,334 7,666 .00 .00 .00 50-84210 MISC NON OPERATING INCOME 203,673 .00 .00 .00 .00 50-84610 METERED SALES - RESIDENTIAL 1,091,746 1,061,663 1,100,000 582,949 1,080,000 50-84611 METERED SALES - COMMERCIAL 116,062 101,473 120,000 51,200 105,000 50-84615 METERED SALES - MULTIFAMILY 136,688 139,907 135,000 83,240 140,000 50-84620 FIRE PROTECTION CONN FEE 5,135 4,853 5,500 2,710 4,800 50-84630 PUBLIC FIRE PROTECTION SERVICE 436,566 432,799 436,000 250,274 435,000 50-84640 OTHER SALES TO PUBLIC AUTHORIT 8,343 7,045 12,000 9,835 7,000 50-84700 FORFEITED DISCOUNTS PENALITIES 14,785 14,514 12,500 7,082 12,500 50-84740 OTHER WATER REVENUES 44,549 54,862 45,000 17,748 50,000 50-84741 NSWC ALLOCATED SALES TO OTHERS 34,614 40,000 .00 .00 .00 T otal WATER SALES REVENUE: 2,206,039 1,911,158 1,991,000 1,005,039 1,909,300 W ATER UTILITY FUND Revenue Total: 2,206,039 1,911,158 4,860,409 4,455,039 1,909,300 W ATER UTILITY FUND Expenditure Total: 1,536,309 1,705,050 4,860,409 2,687,841 2,656,671 Net Total WATER UTILITY FUND: 669,730 206,108 .00 1,767,198 747,371- Net Grand T otals: 3,689,882 855,845 349,091 4,113,170 5,440,355- Village of Fox Point Existing Water Supported Debt Service Payments Issue: 1 Issue: 2 Amount: $2,040,000 Amount: $1,405,000 ($200,000 Water Portion) Type: Taxable G.O. Refunding Bonds, Series 2016B (CR) Type: G.O. Promissory Notes, Series 2018 Dated: Dated: Callable: Callable 4/1/25 @ Par Callable: Callable 4/1/25 @ Par Calendar PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL Year (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) 2025 $2,000 2.125% $1,075 $3,075 $20,000 3.000% $2,013 $22,013 2026 $6,800 2.375% $973 $7,773 $20,000 2.500% $1,463 $21,463 2027 $6,100 2.375% $820 $6,920 $20,000 2.625% $950 $20,950 2028 $5,100 2.500% $684 $5,784 $25,000 2.750% $344 $25,344 2029 $3,800 2.625% $570 $4,370 2030 $6,900 2.750% $425 $7,325 2031 $4,600 2.875% $264 $4,864 2032 $6,600 3.000% $99 $6,699 2033 2034 2035 $41,900 $4,909 $46,809 $85,000 $4,769 $89,769 August 1, 2016 July 30, 2018 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Water Supported Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 3 Issue: 4 Issue: 5 Amount: $2,505,000 ($215,000 Water Portion) Amount: $3,175,000 ($700,000 Water Portion) Amount: $2,410,000 ($560,000 Water Portion) Type: G.O. Promissory Notes, Series 2020 Type: G.O. Promissory Notes, Series 2021 Type: G.O. Promissory Notes, Series 2022A Dated: Dated: Dated: Callable: Callable 4/1/27 @ Par Callable: Callable 4/1/28 @ Par Callable: Callable 4/1/29 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $20,000 2.000% $1,550 $21,550 $70,000 2.000% $7,990 $77,990 $50,000 4.000% $15,900 $65,900 $20,000 1.500% $1,200 $21,200 $70,000 2.000% $6,590 $76,590 $55,000 4.000% $13,800 $68,800 $20,000 1.500% $900 $20,900 $70,000 2.000% $5,190 $75,190 $55,000 4.000% $11,600 $66,600 $25,000 1.000% $625 $25,625 $70,000 2.000% $3,790 $73,790 $60,000 4.000% $9,300 $69,300 $25,000 1.000% $375 $25,375 $75,000 2.000% $2,340 $77,340 $60,000 4.000% $6,900 $66,900 $25,000 1.000% $125 $25,125 $75,000 1.000% $1,215 $76,215 $60,000 3.000% $4,800 $64,800 $80,000 1.050% $420 $80,420 $65,000 3.000% $2,925 $67,925 $65,000 3.000% $975 $65,975 $135,000 $4,775 $139,775 $510,000 $27,535 $537,535 $470,000 $66,200 $536,200 August 4, 2020 August 2, 2021 August 2, 2022 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Water Supported Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 6 Issue: 7 Amount: $1,840,000 ($1,355,000 Water Portion) Amount: $5,140,000 ($1,640,000 Water Portion) Type: G.O. Promissory Notes, Series 2023B Type: G.O. Promissory Notes, Series 2024A Dated: Dated: Callable: Callable 4/1/30 @ Par Callable: Callable 4/1/31 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL RATE INTEREST TOTAL (4/1) (4/1 & 10/1) (4/1) (4/1 & 10/1) $115,000 4.000% $47,900 $162,900 $120,000 4.000% $80,025 $200,025 $120,000 4.000% $43,200 $163,200 $135,000 4.000% $63,150 $198,150 $130,000 4.000% $38,200 $168,200 $145,000 4.000% $57,550 $202,550 $135,000 4.000% $32,900 $167,900 $150,000 4.000% $51,650 $201,650 $140,000 4.000% $27,400 $167,400 $160,000 5.000% $44,650 $204,650 $145,000 4.000% $21,700 $166,700 $170,000 5.000% $36,400 $206,400 $150,000 4.000% $15,800 $165,800 $175,000 5.000% $27,775 $202,775 $155,000 4.000% $9,700 $164,700 $185,000 4.000% $19,700 $204,700 $165,000 4.000% $3,300 $168,300 $195,000 4.000% $12,100 $207,100 $205,000 4.000% $4,100 $209,100 $1,255,000 $240,100 $1,495,100 $1,640,000 $397,100 $2,037,100 August 1, 2024August 1, 2023 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025 Village of Fox Point Existing Water Supported Debt Service Payments Calendar Year 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Issue: 8 Amount: $9,850,000 ($3,450,000 Water Portion) Type: G.O. Promissory Notes, Series 2025A Dated: TOTAL DEBT SERVICE REQUIREMENTS Callable: Callable 4/1/32 @ Par PRINCIPAL RATE INTEREST TOTAL PRINCIPAL INTEREST TOTAL (4/1) (4/1 & 10/1) $397,000 $156,452 $553,452 $275,000 3.000% $139,581 $414,581 $701,800 $269,956 $971,756 $305,000 3.000% $111,238 $416,238 $751,100 $226,447 $977,547 $315,000 3.000% $101,938 $416,938 $785,100 $201,230 $986,330 $325,000 4.000% $90,713 $415,713 $788,800 $172,947 $961,747 $335,000 4.000% $77,513 $412,513 $816,900 $142,178 $959,078 $350,000 4.000% $63,813 $413,813 $824,600 $110,997 $935,597 $365,000 4.000% $49,513 $414,513 $776,600 $79,987 $856,587 $380,000 4.000% $34,613 $414,613 $740,000 $50,013 $790,013 $395,000 3.250% $20,594 $415,594 $600,000 $24,694 $624,694 $405,000 3.500% $7,088 $412,088 $405,000 $7,088 $412,088 $3,450,000 $696,599 $4,146,599 $7,586,900 $1,441,987 $9,028,887 August 4, 2025 Prepared by Robert W. Baird & Co. Incorporated S:\Public Finance\municipalities\fox point vg\existing debt\ex debt fox point vg.xlsx /jmt 9/5/2025