Notice-of-Public-Hearing-Proposed-Budget-2023

NOTICE IS HEREBY GIVEN that a Public Hearing regarding the proposed 2023 Village of Wyocena budget wil l be held at 5:00 pm on November 14, 2022 at the Wyocena Community Center, 165 East Dodge Street, Wyocena. A detailed budget is available for public inspection at the Clerk ’s office Monday – Thursday, 8:00 am - 3:00 pm. The budget could be adjusted after the Public Hearing. The following is a summary of the 2023 General Fu nd proposed Budget. 2021 2022 2022 2022 2023 Actual 9/30/2022 Estimate Budget Proposed Percent Actual Year end Budget Change Revenues Property Taxes $191,314 -$94 $195,724 $195,724 $196,737 0.52% Other Taxes $3,200 $0 $1,600 $1,600 $1,600 0.00% Intergovernmental Revenues $180,287 $79,456 $192,672 $139,456 $138,122 -0.96% Licenses & Permits $2,520 $2,489 $2,533 $2,230 $2,050 -8.07% Fines & Fees $5,579 $1,016 $1,600 $4,900 $3,500 -28.57% Public Charges for Service $9,470 $4,912 $5,880 $3,220 $3,220 0.00% Rent $5,000 $0 $5,000 $5,000 $5,000 0.00% Miscellaneous Revenues $8,269 $60,949 $62,774 $40,786 $74,071 81.61% Total Revenues $405,638 $148,727 $467,784 $392,916 $424,300 7.99% Expenditures General Government $120,758 $109,542 $139,859 $134,724 $152,561 13.24% Public Safety $69,622 $107,517 $74,785 $103,651 $129,918 25.34% Public Works $116,565 $68,560 $105,788 $125,461 $107,441 -14.36% Health & Human Services $1,973 $1,324 $1,380 $1,180 $1,080 -8.47% Culture, Recreation & Education $24,000 $3,435 $26,200 $24,900 $30,300 21.69% Conservation & Development $4,982 $0 $2,800 $3,000 $3,000 0.00% Total Expenditures $337,899 $290,377 $350,812 $392,916 $424,300 7.99% Excess of Revenues/Expenditures $67,739 -$141,650 $116,972 $0 $0 Net surplus (deficit) $67,739 -$141,650 $116,972 $0 $0 Fund beginning of Year $522,855 $590,594 $590,594 FUND BALANCE -YEAR END $590,594 $448,944 $707,565 General Debt Capital Water Sewer 2023 Fund Service Fund Utility Utility Totals Total Revenues $424,300 $118,135 $0 $113,700 $162,950 $819,085 Total Expenditures $424,300 $118,135 $0 $112,522 $150,345 $805,302 Excess (Deficit) $0 $0 $0 $1,178 $12,605 $13,783 2022 2023 General Fund $195,724 $196,737 $1,013 Debt Service Fund $118,388 $118,135 -$253 Capital Fund $0 $0 $0 Total Tax Levy $314,112 $314,872 $760 The Village's General Obligation debt as of December 31, 2022 is projected to be $118,135.00.