2020 Proposed Budget

NOTICE IS HEREBY GIVEN that a Public Hearing regarding the proposed 2020 Village of Wyocena budget will be held at 7:00 pm on November 11, 2019 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 General Fund proposed Budget for 2020. 2018 2019 2019 2019 2020 Actual 9/30/2019 Estimate Budget Proposed Percent Actual Year end Budget Change Revenues Property Taxes $189,330 $0 $190,130 $190,130 $190,734 .32% Other taxes $1,600 $0 $1,600 $1,600 $1,600 0.00% Intergovernmental Revenues $139,802 $36,221 $160,487 $145,940 $140,857 -3.48% Licenses & Permits $3,499 $2,465 $3,435 $2,310 $2,300 -.43% Fines & Fees $5,266 $5,148 $9,000 $4,700 $4,700 0.00% Public Charges for Service $13,442 $9,064 $11,662 $9,220 $9,220 0.00% Rent $5,000 $0 $5,000 $5,000 $5,000 0.00% Miscellaneous Revenues $16,564 $10,648 $11,009 $3,150 $2,150 -31.75% Other Financing Sources $110,000 $0 $0 $1,200 $0 -100.0% Total Revenues $484,503 $63,546 $392,323 $363,250 $356,561 -1.84% Expenditures General Government $115,752 $94,499 $118,245 $127,276 $126,336 -.74% Public Safety $105,983 $49,188 $82,128 $75,700 $73,125 -3.4% Public Works $254,878 $99,630 $134,873 $130,094 $129,440 -.5% Health & Human Services $907 $903 $1,080 $1,080 $1,160 7.41% Culture, Recreation & Education $24,457 $1,498 $24,350 $27,500 $24,900 -9.45% Conservation & Development $19,178 $210 $1,500 $1,600 $1,600 0.00% Total Expenditures $521,155 $245,928 $362,176 $363,250 $356,561 -1.84% Excess of Revenues/Expenditures -$36,652 -$182,381 $30,147 $0 $0 Net surplus (deficit) -$36,652 -$182,381 $30,147 $0 $0 Fund beginning of Year $478,518 $441,866 $441,866 FUND BALANCE -YEAR END $441,866 $259,485 $472,013 General Debt Capital Water Sewer 2020 Fund Service Fund Utility Utility Totals Total Revenues $356,561 $115,500 $0 $110,500 $146,450 $729,011 Total Expenditures $356,561 $115,500 $0 $102,242 $140,792 $715,095 Excess (Deficit) $0 $0 $0 $8,258 $5,658 $13,916 2019 2020 General Fund $190,130 $190,734 $604 Debt Service Fund $115,607 $115,500 $107 Capital Fund $0 $0 $0 Total Tax Levy $305,737 $306,234 $711 The Village's General Obligation debt as of December 31, 2019 is $222,774.74