Joint Village-School Packet 07.15.2026

Kurt Handrick, Jr. Village President Steven Cherek Village Administrator / Treasurer 311 Walnut Street P .O. Box 487 Marathon City, WI 54448 Tel: 715-443-2221 www.marathoncitywi.gov VILLAGE BOARD OF TRUSTEES JOINT WITH MARATHON SCHOOL DISTRICT OFFICIAL NOTICE & AGENDA Wednesday, July 15, 2026 6:00 pm – Marathon Municipal Center 1) CALL TO ORDER 2) PLEDGE OF ALLEGIANCE 3) Roll Call (Village): K. HANDRICK, M. AHRENS, K. SORENSON, K. PAUL, B. PARLIER, J. LAWRENCE, A. CABRERA 4) Written notice of this meeting has been posted and sent to the news media on Thursday, July 9 th, 2026. 5) Review District enrollment trends – School Administrator 6) Update on Village Tax Increment District – Village Administrator 7) Share information regarding District’s Strategic plan – School Administrator 8) Discussion of current and future projects 8.1 Collaborative projects 8.2 Village projects, planning and timelines 8.3 District projects, planning and possible timelines 9) ADJOURNMENT Tax Increment Districts Village of Marathon City Steven Cherek, Village Administrator 7/14/2026 Marathon City has 2 Tax Increment Districts Tax Increment District 1 • Established in 2002 with a Base Valuation of $7,361,400 • As of 2025, the Equalized Valuation is $43,677,100 increase since the creation of TID1, for a total of value of $50,325,000 today. • How we got here?: • 2002 TID Established • 2003-2004 Initial Infrastructure Bonding & Investments • Roads, Water, Sewer, Storm Water –Business park created • Multiple Developments Occurred 2003-2009 • Business south of STH 29 – Wagner Shell / McDonalds • Development slowed 2008-2012 • Family Dental, Copper Leaf Assisted Living • 2019 – 2023 North Business Park Initial Infrastructure Bonding & Investments • January 3, 2023 End of TID 1 Expenditure Period • 2023 to current – Complete North Business Park approved and signed contracts for the expansion of the business park north of STH 29. North Industrial Park – 2026 Economic Development • Menzner Hardwoods – North Business Park Development to be completed by end of 2026 • 11.5 Million Dollar development • Expected increase in assessment value of $8,050,000 • $153,835.50 minimum revenue increase once complete used to pay for TID 1 Village Investments. • Phillips Enterprise Limited, LLC – Business Park Development to be completed by end of 2026 • $863,000 Dollar development • Expected increase in assessment value of $764,800 • $12,767 revenue increase once complete used to pay for TID 1 Village Investments. 2026 North Business Park Projects contract to be completed in 2026 TID 1 Remaining Project Budget for Loan Request - Updated 7/7/2026 2024 North Business Park Budget vs loan Request Total Expense Budget Village Paid to date Expense Remaining in Projects Kruczek Construction Contracts $3,927,156.84 $3,927,156.84 $0.00 North Ridge Road - Switlick & Sons Inc $771,173.08 $771,173.08 $0.00 2023 North Business Park Expense - Audit amount $288,916.00 $288,916.00 $0.00 Rib Fall Repair - DNR Pond Relocation $8,286.04 $8,286.04 $0.00 New Life Pet Adoption Easement $14,963.98 $14,963.98 $0.00 2024-2025 North Business Park Engineering $130,828.80 $130,828.80 $0.00 John & Candy Easement $5,000.00 $598.80 $4,401.20 WPS - North Industrial Park Lighting, Power & Gas - Menzner's $297,360.45 $212,423.13 $84,937.32 Project Contengency - Storm Drain Repairs $23,416.48 $5,341.72 $18,074.76 TOTALS $5,467,101.67 $5,359,688.39 $107,413.28 Available Balance 3/7/2025 loan amount 4148 $0.00 10/4/2024 loan balance 4150 $0.00 6/18/2026 LGIP Balance $58,708.16 Expence Remaining in Project $107,413.28 Projects Debt Proceeds balance once Project is completed ($48,705.12) Current TID 1 Financial Model - Used for 2025 TID 1 DOR Report TID 1 Growth Potential Model – using existing available Village Lot and Existing Business Expansion TID 1 – What’s Next • 2026 – Infrastructure projects approved prior to January 3, 2023 are expected to be completed (North Industrial Park Project). • With decreasing Tax Rate, Future Revenue is less. This TID expected to end in 2035 -$260,720 if no growth or tax rate change. • Increase Future Revenue Through Strategic Development, such as: • Develop the remaining Village Owned lot in the Industrial Park • Develop the Village Owned lot next to the R-Store • Promote continued growth and expansion • Partner with Menzner Hardwoods on Phase 2 Development • Promote continued Business Growth and Expansion Tax Increment District 2 • Established in 2016 with a Base Valuation of $1,124,200 • TID 2 was created to promote development of the Village by promoting mixed use development. • Starting in 2016 – The Village started the project to clean up blight to promote redevelopment of the downtown – 400 block • From 2016 to 2025 – TID 2 economic development projects increase $5,286,000 in assessment value. • Marathon Cheese expansion • 2026: Stittleburg Restorative Health Care “Integrate Functional Health” and “Whole Roots & CO” • Expenditure Period to end June 16, 2031 • TID 2 termination date – June 16, 2036 TID 2: Downtown – 2026 Development • Stittleburg Restorative Health Care “ Integrate Functional Health” and “Whole Roots & CO” Development to be completed by end of 2026 • 2.6 Million Dollar development • Expected increase in assessment value of $1,820,000 • $32,616 yearly revenue increase once complete used to pay for TID 1 Debt. • Stittleburg Phase 2 – Has to inform the Village on or before December 31, 2029 if it will develop Phase 2 • $800,000 Dollar development • Expected increase in assessment value of $560,000 • $10,035 revenue increase once complete used to pay for TID 1 Village Investments. TID 2 Current Projected Financing. Tax Increment District 2 – What’s Next • The Village is to actively promote Economic Development inside TID 2 • Focus development of the Downtown • Phase 2 – 400 Block by 2030 • Focus and Expand on other parts of Downtown Marathon City • Expenditure Period to end June 16, 2031 • TID 2 termination date – June 16, 2036 • Final Revenue Collection Year 2037 C O LLABO RATIVE PRO J EC TS CO UNTY MATERIALS SP O RTS CO MP LEX. • SCH OOL B U I L T ST OR A GE SH E D PR OJE CT • BALLPARK G RO O MER & RENO VATO R EQ UIPMENT C O LLABO RATIVE PRO J EC TS – SAFE RO UTS T O S CH OOL CTH NN AND CHESTNUT ST IMPRO VEMENT. • 2025/26 V I L L AGE SUBMI TTED A AL TERNATIVE TRANSPO RTATIO N GRANT USING THE SAFE RO UTS TO S CH OOL PL A N. • PR OJECT COST $46,000 T OT AL • L OCAL MA T CH $9,200 • STATUS: AP P LIC ATIO N UN D ER REVIEW. VILLAG E C URRENT AND FUTURE DEVELO PMENTS 7/15/2026 C URRENT VILLAG E PRO J ECTS • W el l #1 R epl acement / New W el l #5 – P r oj ect to be compl eted i n 2028 – 38. 02% R ate i ncr ease needed pri or to We ll Pro je ct – E x i sti ng W ater R ates need to be increased up to 60% by 2034 to cover project cost – 7/20/2026 Joint V illage Board and Utility Commi ssi on Meeti ng to go ov er PSC Water Rate Increase Study C URREN T VILLAG E PR OJECT S • Base b all / So ftb all Park – A dded P ar k i ng – One way overf low parking entrance – 106 new parking stalls added – 6 T otal A D A S tal l s added, ( 2 r emov ed) . – Pickle b all Co urts Re surface fo r g am e p lay 2027 VILLAG E PRO J EC T • Market Street Reconstruction: 4th st to 8 th st. • WI DO T lo cal ro ad i mprov ement program - MSID Awa rd – Up to $245,712.89 match grant f unding – T otal project cost $491,425.79 – Construction timeline 2027 MARATHO N CITY FUTURE DEVELO PMENTS? The Villag e is curre ntly working on finishing current devel opment p roje cts. The Villag e is curre ntly exp loring all op tions for Econom ic De ve lop m e nt in TID 1 & TID 2 Marathon City Housing Challe ng e Villag e lo o king to incre ase R esi denti al Dev el opment Multi-Fam ily d e ve lo p m e nt & Sing le Fam ily Ind ustrial / Com m e rcial Devel opment Maratho n City is still lo o king at Ind ustrial and Co m m e rcial dev el opment Category 2025 Actual 7/15/2026 Actual 7/15/2026 Projected Year-End 2026 Budget 2027 Proposed Budget% Change Water & Sewer $5,942.91 $2,563.49 $6,429.98 $5,308.00 $6,600.00 24% WPS $4,982.29 $1,418.88 $2,837.76 $3,577.60 $3,100.00 -13% Harters Fox Disposal $829.66 $643.97 $1,882.29 $1,900.00 $1,900.00 0% Plumbing Services / Irrigation Repairs $428.41 $2,052.12 $2,552.12 $500.00 $1,000.00100% CINTAS – Bathroom Supplies $1,605.84 $993.91 $1,988.00 $2,500.00 $2,000.00 -20% Park Miscellaneous Items (fertilizer, bags, faucet, etc.)$1,282.51 $5,733.58 $6,200.00 $5,000.00 $5,000.000% Equipment Maintenance (trimmer, drag, lawn mowers)$2,187.40 $2,141.14 $2,400.00 $3,000.00 $2,250.00-25% Future Park Equipment Replacement Fund $0.00 $0.00 $0.00 $0.00 $2,000.002000% Grass Cutting – Employee Wages (excluding benefits)$8,633.68 $11,477.20 $15,875.00 $16,866.75 $16,386.42-3% Subsidized Mowing Cost-Group amount (97/3 % split) $0.00 $0.00 $0.00 $0.00 $491.59 492% Village Total Ball Park Budget $25,892.70 $27,024.29 $40,165.15 $38,652.35 $40,236.424% Ball Group Total Expenditures $17,259.02 $15,547.09 $24,290.15 $21,785.60 $24,341.59 12% Advertisement/Sponsorship Revenue $500.00 $0.00 $500.00500% Park Rental Revenue (Farmers Market & Marathon Fun Days) $800.00 $927.98 $2,392.48 $2,325.00 $2,550.00 10% Total Charge to Groups (Expenses – Revenue) $14,619.11 $21,397.67 $19,460.60 $21,291.599% 7/15/2027 Proposed Budget – Veterans Park & County Materials Sports Complex (Group Charges) Rate Established in 2025 2026 Charge 2027 Proposed Difference American Legion Sponsored Total 65% $12,533.95 $13,839.54 $1,305.59 T-Ball - Friday Evenings 10% $1,979.04 $2,129.16 $150.12 Minor Boys 15% $2,968.57 $3,193.74 $225.17 Major Boys 16% $3,298.41 $3,406.66 $108.25 Minor Girls 8% $1,484.28 $1,703.33 $219.05 Major Girls 8% $1,484.28 $1,703.33 $219.05 Jr/Sr High School Girls Legion Softball 7% $1,319.36 $1,490.42 $171.06 HS WIAA - HS Softball Total 15% $2,968.56 $3,193.74 $225.18 JV Home 8% $1,484.28 $1,596.87 $112.59 Varsity Home 8% $1,484.28 $1,596.87 $112.59 Travel Ball Total 20% $3,958.09 $4,258.32 $300.23 Travel Youth Baseball 10% $1,979.05 $2,129.16 $150.11 Travel Youth Softball 10% $1,979.05 $2,129.16 $150.11 Total Games by 3 groups above 100% $19,460.60 $21,291.60 $1,831.00 2027 Proposed Budget - Charge Per Group