Village Packet 11.12.2025 – Budget Hearing

Kurt Handrick, Jr. Village President Cassie Lang Village Clerk / Deputy Treasurer 311 Walnut Street | P .O. Box 487 Marathon City, WI 54448 Tel: 715-443-2221 www.marathoncitywi.gov VILLAGE BOARD OF TRUSTEES OFFICIAL NOTICE & AGENDA – SPECIAL MEETING Wednesday, November 12, 2025 6:00 pm – Public Hearing Village Board Meeting to Begin after Public Hearing Marathon Municipal Center PUBLIC VIRTUAL ACCESS Join Teams Meeting: https://www.microsoft.com/en-us/microsoft-teams/join-a-meeting Meeting ID: 231 110 898 394 8 Passcode: Z3uz6bP7 1. CALL TO ORDER ROLL CALL: K. HANDRICK, M. AHRENS, K. SORENSON, K. PAUL, B. PARLIER, J. LAWRENCE, A. CABRERA 2. PLEDGE OF ALLEGIANCE 3. RECOGNITION OF VISITORS a. Virtual Meeting Guidelines i. This meeting will be recorded and available upon request b. Public Participation at Government Meetings 4. APPROVAL OF NOVEMBER 5, 2025 MEETING MINUTES 5. UNFINISHED BUSINESS – No Unfinished Business 6. NEW BUSINESS a. Discuss and Approve Village Insurance Proposals b. Discuss and Approve Labor Agreement with General Teamsters Union Local 662 c. Discuss and Approve 2026 General Fund, Utility Fund, Park Fund and TID 1 & 2 Fund Budgets 7. RESOLUTIONS AND ORDINANCES a. Discuss and Approve Resolution 2025-11-12A – Approving 2026 Salaries and Wages b. Discuss and Approve Resolution U-2025-11-12 – Authorizing Wastewater Rate Increases c. Discuss and Approve Resolution 2025-11-12B – Adopting 2026 Village Budget & Property Tax Levy 8. FUTURE SCHEDULED MEETINGS: a. Regular Village Board Meeting – Wednesday, December 3, 2025 – 6:00 pm b. Special Board Meeting – As Needed 9. ADJOURNMENT Cassie Lang Village Clerk / Deputy Treasurer 311 Walnut Street | P .O. Box 487 Marathon City, WI 54448 Tel: 715-443-2221 www.marathoncitywi.gov VILLAGE BOARD OF TRUSTEES MINUTES Wednesday, November 5, 2025 1. CALL TO ORDER at 5:39 pm ROLL CALL: K. HANDRICK-Present, M. AHRENS-Present, K. SORENSON-Present, K. PAUL-Present at 5:45pm, B. PARLIER-Present, J. LAWRENCE-Present at 5:45 pm, A. CABRERA-Absent 2. VILLAGE BOARD WILL GO INTO CLOSED SESSION PER WIS. STAT. 19.85 (1)(c) “CONSIDERING EMPLOYMENT, PROMOTION, COMPENSATION OR PERFORMANCE EVALUATION DATA OF ANY PUBLIC EMPLOYEE OVER WHICH THE GOVERNMENTAL BODY HAS JURISDICTION OR EXERCISES RESPONSIBILITY.” MOTION – Village Board will go into Closed Session per WIS. STAT. 19.85 (1)(c) at 5:40 pm Motion made by Ahrens second by Sorenson. Motion passed by roll call vote 4/0 a. Administrator Cherek Performance Review 3. VILLAGE BOARD WILL RETURN TO OPEN SESSION MOTION – Village Board will return to Open Session at 6:15 pm Motion made by Ahrens second by Parlier. Motion passed by roll call vote 6/0. 4. PLEDGE OF ALLEGIANCE 5. RECOGNITION OF VISITORS a. Virtual Meeting Guidelines i. This meeting will be recorded and available upon request b. Public Participation at Government Meetings Attended in Person: Derek Trainer – Rocket Construction, Derek and Taryn Riesgraf, Shari Stittleburg, Pam & Jay Kangas, Holli Soczka – Stittleburg Restorative Health Care, Kevin O’Brien – Record Review 6. APPROVAL OF MEETING MINUTES a. Regular Village Board Meeting – October 1, 2025 MOTION – Approve October 1, 2025 Village Board Minutes Motion made by Paul second by Lawrence. Motion passed by voice vote. b. Board of Review Meeting – October 21, 2025 MOTION – Approve October 21, 2025 Board of Review Minutes Motion made by Paul second by Sorenson. Motion passed by voice vote. 7. APPROVAL OF LICENSE APPLICATIONS – Home Bar & Grill – Thalia Ippolito Administrator Cherek informed that Board that Thalia Ippolito turned in all required paperwork and passed the background check. He recommends her for approval. MOTION – Approve Operator License for Thalia Ippolito for Home Bar & Grill Motion made by Paul second by Parlier. Motion passed by voice vote. 8. ADMINISTRATORS REPORT Administrator Cherek presented the Board with an update of daily operations of the Village for the Month of October and upcoming operations for November. Details of the report can be found in Agenda Packet. 9. UNFINISHED BUSINESS – No Unfinished Business 10. NEW BUSINESS a. Presentation from Stittleburg Restorative Health Care, LLC & Rocket Construction President Handrick opened the floor to Derek Trainer with Rocket Construction and Taryn Reisgraf with Stittleburg Restorative Health Care (SRHC) to present their proposal for a new development on the 400 Block. The proposed development will be a 2-phase project. Phase 1 will consist of a 7,915 square Cassie Lang Village Clerk / Deputy Treasurer 311 Walnut Street | P .O. Box 487 Marathon City, WI 54448 Tel: 715-443-2221 www.marathoncitywi.gov VILLAGE BOARD OF TRUSTEES MINUTES Wednesday, November 5, 2025 f oot commercial building on the corner of 3rd St and Main St with the building running East to West along 3rd St. The building will consist of a 5,547 sq ft integrated health clinic providing functional and holistic medicine services and a 2,368 sq ft farm to table grocery focused on local healthy foods and grab-n-go prepared options with a rental space for community or private events. Phase 2 would include development of a spec building designed to attract future economic development and businesses to the downtown district, an outdoor community garden/park and dining area. The clinic itself will be a hybrid approach of traditional and alternative medicine. Services to include, but not limited to, private primary care, IV health, chiropractic care, neurology, nutrition services, vision and speech language therapy. The closest clinic in comparison is 3-4 hours away. The farm to table grocery will supply fresh meat and produce from local farmers. SRHC plans to employee around 10-15 employees. Phase 1 is projected to be substantially completed by December 2026 with a conservative timeline of 3-5 years for Phase 2. Schematic Design documents can be found in Agenda Packet. 11. RE VIEW AND APPROVAL OF BILLS – Moved to After Items 12a & 12b. Trustees questioned the following bill payments: Check 49075 – Joseph Leitermann – EMS Training. Ahrens questioned if the Village gets reimbursement for training Check 49109 – After All, Inc. – WWTP sludge hauling MOTION – Approve Payment of Bills Motion made by Ahrens second by Paul. Motion passed by voice vote. 12. RE SOLUTIONS AND ORDINANCES – Moved to Before Item 11 a. Discuss and Approval of Resolution 2025-11-05 - Authorizing Submission of a Community Development Investment Grant Application Administrator Cherek informed the Board approval of this resolution would give the Village per mission to submit a CDI Grant application on behalf of Stittleburg Restorative Health Care. Disbursement of awarded funds is spelled out in the Development Agreement. Ahrens questioned if the Village had any concerns with submitting resolution. Cherek mentioned he has gone over it with Village Attorney Shane VanderWaal and neither see any concerns with it. MOTION – Approve Resolution 2025-11-05 – Authorizing Submission of a Community Development Investment Grant Application Motion made by Sorenson second by Paul. Motion passed by voice vote. b. D iscuss and Approval of Resolution 2025-11-05B – Supporting TAP Grant Application for Marathon Rapid Flash Beacon Project Cherek began discussion stating the Village, along with the School District and North Central Regional Planning Commission have been working on a Safe Routes to School Plan. Their studies identified concerns with sign/crosswalk placement and safety of pedestrians. The Village has been having issues with current flashing pedestrian crossing beacons nearing the end of their life and get ting the timing set up so they flash at peak pedestrian times, including beginning and end of school. The TAP Grant would help to resolve these issues. The Village would plan to do the needed upgr ades in coordination with the DOT Project of State Highway 107 in 2026. A budgeted amount to raise manholes is no longer needed for 107 Project so funds would be reallocated for this TAP Project. If awarded the Village would be responsible for 20% of the project, around $15,000. MOTION – Approve Resolution 2025-11-05B – Supporting TAP Grant Application for Marathon Rapid Flash Beacon Project Motion made by second by. Motion passed by voice vote. Cassie Lang Village Clerk / Deputy Treasurer 311 Walnut Street | P .O. Box 487 Marathon City, WI 54448 Tel: 715-443-2221 www.marathoncitywi.gov VILLAGE BOARD OF TRUSTEES MINUTES Wednesday, November 5, 2025 13. VILLAGE BOARD WILL GO INTO CLOSED SESSION PER WIS. STAT. 19.85(1)(e) “DELIBERATING OR NEGOTIATING THE PURCHASE OF PUBLIC PROPERTIES, THE INVESTING OF PUBLIC FUNDS, OR CONDUCTING OTHER SPECIFIED PUBLIC BUSINESS, WHENEVER COMPETITIVE OR BARGAINING REASONS REQUIRE A CLOSED SESSION.” a. Stittleburg Restorative Health Care Development Agreement With Stittleburg Restorative Health Care not ready to sign Development Agreement there was no need for closed session for the Board to review the DA. DA will be reviewed by Board at a later date. 14. VILLAGE BOARD WILL RETURN TO OPEN SESSION 15. TAKE ACTION ON CLOSED SESSION ITEMS IF NEEDED 16. FUTURE SCHEDULED MEETINGS: a. Special Board Meeting – Wednesday, November 12, 2025 – 6:00 pm b. Regular Village Board Meeting – Wednesday, December 3, 2025 – 6:00 pm 17. ADJOURNMENT at 7:19 pm Motion to adjourn made by Parlier second by Ahrens. Motion passed by voice vote. 1/1/2026 Coverage Premium General Liability $6,476 Law Enforcement Liability $3,539 Public Officials Liability $8,216 No-Fault Sewer Liability $1,300 Property & Boiler $31,410 Inland Marine $2,852 Crime $640 Umbrella $5,553 Total $59,986 Premium 1974 F Chev Pumper CKY2345154197 $734.00 2015 ST Freightliner Dump Trk 1FVAG3CY3GHGU6154 $1,005.00 1990 F IHC 4700 LP 1HTSDZER4CH259806 $821.00 1994 F IHC Tanker 1HTGHAAT5RH570955 $767.00 1995 F IHC 4900 1HTSDAARXSH691741 $821.00 2020 ST Ford F350 1FDRF3H60LED78337 $934.00 1996 ST IHC Dump 1HTGBAAR4TH393702 $522.00 1999 ST Johnson Vac/Swpr 49H67FAA8XHB35045 $636.00 2020 W Ford T250 1FTBR1Y82LKB07784 $848.00 2021 ST Ford F350 1FDRF3H6XMED06787 $973.00 2006 F Kenworth T300 2NKMHD6H46M133059 $821.00 2012 SE Dodge 1500 3C6JD7DP7CG205363 $584.00 2013 F Stealth Trailer 52LBE1827DE015542 $357.00 2021 ST PJ 16 Trailer 3CVUL1627M2610558 $143.00 2005 F Dodge 2500 3D7KS28C95G748509 $647.00 2019 P Dodge Durango 1C4RDJFG5KC652927 $1,416.00 2024 F Freightliner M2 106 3ALACYFE4RDVC3670 $860.00 2023 P Dodge Durango 1C4RDJFG3PC558293 $1,707.00 Other Endorsements $508.00 Other Non Owned Hired Auto $276.00 Total Auto $15,380.00 Payroll Premium 7520 - Waterworks Operation 64,570 $1,672 7709 - Fire Department 4166 Population $2,366 7710 - EMTs 17,595 $480 7720 - Police Officers 193,139 $4,133 8810 - Clerical 199,326 $319 9414 - Municipal Operations 228,967 $7,762 Experience Mod. 0.87 ($2,175) Premium Discount ($415) Terrorism / Catastrophe $211 Expense Constant $220 Total Work Comp Premium $14,573 WC DIVIDEND I IS A FLAT 20% Total Annual Premium $89,939 Village of Marathon City - Premium Breakdown Worksheet 2026 Vehicle Breakdown Work Comp Code - Description 1 LEAGUE OF WISCONSIN MUNICIPALITIES MUTUAL INSURANCE COMPANY INSURANCE PROPOSAL FOR MARATHON CITY, VILLAGE OF 1/1/2026 - 1/1/2027 Proposal Number 988 League Insurance 316 W. Washington Ave., Suite 600 Madison, WI 53703 (608) 833-9595 Matt Becker, CEO matt@lwwmi.org Spectrum Insurance Group LLC 4233 Southtowne Drive Eau Claire, WI 54701 (877) 85 8-9874 J esse Furrer jesse.furrer@spectruminsgroup.com Protection for League Members and the communities they call home. That is our business and we do it well. Created in 1984 and governed by a board of your peers, League Insurance insures more than 500 cities, villages, and special districts. We are 100% member owned and our financial security, broad coverages, and customized services are specifically designed to serve Wisconsin municipalities. 2 LEAGUE INSURANCE – COVERAGE HIGHLIGHTS COVERAGE PROVIDED FOR: • Elected/Appointed Officials • Commissions • Departments • Employees • Mutual Aid Assistance • Volunteers COMPREHENSIVE COVERAGE INCLUDES: • Auto Liability • Auto Physical Damage • Crime • Cyber Liability • Employee Benefits Liability • Employment Practices Liability • General Liability • Law Enforcement • Public Officials • Self-Insured Retention Workers’ Compensation • Workers’ Compensation ADDITIONAL COVERAGE ENHANCEMENTS Liability: • Airports • Back Wages in Employment Claims • Breach of Contract • Care, Custody, & Control • Communicable Disease • Contractual Liability • Cyber • Damages to Rented Premises • Dams • Defense Costs in Addition to Limit • Discrimination • Drones • EEOC actions • Failure to Supply • Land Use, Permits, & Zoning Claims • Medical Payments • No Fault Sewer Backup Optional Coverage • Non-monetary Claims • Occurrence Based • Pollution • Sexual Harassment/Abuse Coverage • Special Events Included • Tax Assessment Claims • Volunteers • Watercraft • Wrongful Termination Auto: • Automatic New Auto Coverage • Autos of Others in Your Care, Custody, or Control • Commandeered Autos • Hired Auto Physical Damage • Hired/Non-owned • Lease Gap • Personal Auto Physical Damage Deductible Reimbursement • Temporary Transportation Expense • Towing Expense • Uninsured/Underinsured 3 PREMIER SERVICES – CUSTOMIZED FOR YOU HUMAN RESOURCES ASSISTANCE League Insurance has partnered with Stafford Rosenbaum LLP to provide the following human resources services: • HR Hotline – phone assistance with HR-related issues. • Talent Management – support with recruitment, hiring, background screening, onboarding, performance management, coaching, feedback, disciplinary counseling, termination management, and organizational and staff development. • Employment Law Compliance – WI and Federal Fair Employment, wage & hour, safety, FMLA, I-9 Employment Verification, and more. • Documents – development/review of job descriptions, handbooks, policies, procedures, and forms customized for the municipality. • Compliance and HR practices assessments and development of remedial plans. • Workplace Training – related to compliance and HR-related topics for supervisors and/or employees. • Workplace investigations. • Sample handbooks, toolkits addressing various HR subjects and best practices, and online harassment and discrimination training webinars. EMPLOYEE SAFETY & RISK MANAGEMENT With loss control resources provided by United Heartland, we can analyze loss trends and municipal operations to customize a safety program for your community. Included are comprehensive safety manuals, job site analysis, newsletters, webinars, and information on many topics including: • Confined Space • Power Platforms/Aerial Lifts • Excavating/Trenching • Respiratory Protection • Hearing Conservation • Rigging/Slings/Hoists • Ladder Safety/Fall Protection • Tools – Hand Tools/Power Tools • Lawn Care/Mowers/Trimming/Landscaping • Tree Trimming/Chainsaw & Chipper Safety • Lockout Tagout/Electrical Arc Flash • Water Hazards – Pools, Ponds, Lakes • Motor Vehicle & Construction Equipment Safety • Welding, Cutting, or Brazing • Outside Contractor Qualification • Work Zone Safety/Traffic Control LEAGUE INSURANCE UNIVERSITY League Insurance has partnered with Lexipol to provide self-paced online courses written specifically for local government and public safety professionals. Courses are available on demand from any computer or mobile device with internet access, 24/7. • League Insurance University offers all employees access to over 200 online training topics including HR & Management, Safety, Public Works, Law Enforcement, and much more. • For Water and Wastewater, League Insurance University courses can be used to fulfill annual training hours requirements. Wastewater professionals will simply need to submit their certificate of course completion directly to the DNR for training approval. • For law enforcement, League Insurance Police University can be used to fulfill 8 of the 24 hours of annual training requirements with Department level approval. 4 CYBER UNIVERSITY League Insurance is partnered with leading cyber insurance provider, Tokio Marine HCC. With cyber liability coverage from League Insurance, you have access to state-of-the-art cyber coverage and resources including: • Training courses on many topics including ransomware, phishing emails, network security, and more. • Sample policies and procedures for best practices and breach response plans. • Cyber security advisors for technical information and scenario planning. LAW ENFORCEMENT POLICIES/PROCEDURES ASSISTANCE League Insurance members are eligible to receive reimbursement for updating law enforcement and fire department manuals through an accredited policy manual service provider, as well as reimbursement for law enforcement accreditation. REBOUND RETURN TO WORK PROGRAM League Insurance has contracted with Rebound, a company which specializes in rehabilitation of injured municipal employees. The program gets your employees seen by top specialists quickly, and with better outcomes. This helps employees recover and saves departments money. Under the Rebound program, members are 100% reimbursed by League Insurance for Rebound expenses incurred. NURSE TRIAGE & TELEHEALTH League Insurance is partnered with CorVel to provide nurse triage and telehealth services. CorVel’s proactive healthcare solution offers injured workers the following medical services: • Nurse Triage – 24-7 access to registered nurse hotline to evaluate injuries to determine immediate medical needs. • Telehealth – Provides immediate referral to medical physicians when needed via computer, tablet, or phone. 5 YOUR LEAGUE INSURANCE TEAM LEAGUE INSURANCE 316 W. Washington Avenue Suite 600 Madison, WI 53703 (608) 833-9595 Matt Becker Chief Executive Officer matt@lwwmi.org Craig Sherven Public Safety Specialist csherven@lwmmi.org SPECTRUM INSURANCE GROUP 4233 Southtowne Drive Eau Claire, WI 54701 715-443-2221 Jesse Furrer jesse.furrer@spectruminsgroup.com (715) 858-9865 715-443-2221 WORKERS COMPENSATION CLAIMS ADMINISTATOR United Heartland Denise Kawczynski PO Box 3026 Senior Claims Representative Milwaukee, WI 53201-3026 denise.kawczynski@unitedheartland.com (800) 258-2667 (262) 787-7646 LIABILITY CLAIMS ADMINISTRATOR Statewide Services, Inc. Dan Lowndes PO Box 5555 Managing Attorney Madison, WI 53705 dlowndes@statewidesvcs.com (800) 858-1536 (608) 828-5687 Page 6 Reason Name League Insurance Quote Summary Policy Effective Date: 1/1/2026 Proposal Number:988 Insured Name: Marathon City, Village of Agency: Spectrum Insurance Group Contact Name: Steve Cherek Agent Name: Furrer, Jesse Contact Phone: 715-443-2221 Agent Email: jesse.furrer@spectruminsgroup.com Contact Email:scherek@marathoncitywi.gov Agent Phone:(715) 858-9865 PREMIUM: Coverage Deductible Limit Premium General Liability 1,000 6,000,000 $2,691 Police Professional Liability 1,000 6,000,000 $3,372 Public Official & Employment Practices Liability 1,000 6,000,000 $3,293 Auto Liability 1,000 6,000,000 $4,390 Auto Physical Damage 1,000 Refer to Schedule $10,876 Airport N/A N/A $0 Dam N/A N/A $0 No Fault Sewer N/A 100,000/300,000 $2,700 Railroad N/A N/A $0 UM & UIM Higher Limit N/A 25,000/50,000 $0 Crime & Bonds 1,000 250,000 $500 Cyber 2,500 1,000,000 $3,091 Building, Personal Property & Property In The Open Replacement Cost 1,000 $33,088,215 $33,353 Contractors Equipment > $25,000 New Replacement Cost 1,000 $536,624 $1,181 Contractors Equipment < $25,000 See Endorsement 1,000 $259,116 $0 Equipment Breakdown with Sewer and Water or Utility 1,000 $30,450,854 $3,474 Workers Compensation - Subject to Annual Audit. Pending 2026 Experience Mod N/A Total Est Payroll $ 652,293 $13,142 Total $82,063 EXPOSURES AND LIMITS: Total Payroll 652,293 Population Base for No Fault Sewer Coverage 1,560 Number for FTE Police 3.00 Cyber Operating Expenditures 7,348,736 Number of Vehicles (Auto Liability) 18 Number of Dams Population 1,560 Number of Railroads N/A Total APD Value 1,555,519 Airport Coverage No Total Number of Vehicles 20 Airport Refueling N/A Number of Employees 11.25 PRIOR ACTS: Prior Acts Coverage Type Retro Dates Employee Benefits Liability Public Officials Errors and Omissions ADDITIONAL INSUREDS: Proposed coverages, no coverage has been bound. League Insurance – Auto Schedule Municipality: Marathon City, Village of Effective Date: 1/1/2026 Expiration Date: 1/1/2027 Auto Liability Deductible: 1,000 Year Make Model Vehicle Type VIN # Dept. (optional) Zip Code (Garaged at Night) Parked Inside (i) or Outside (o) Is Garage Location in a Flood Zone? Original Cost New Is APD Coverage Requested? APD Deductible Coverage Type (Replacement Cost or Actual Cash Value) 1974 Chevrolet Brush Truck Fire Other CKY234J154197 54448 Inside No $150,000 Yes $1,000 Actual Cash Value 1984 Ford F600 Fire Other 1FDNF60H1EVA32524 54448 Inside No $200,000 Yes $1,000 Actual Cash Value 1990 IHC 4700LP Fire Truck Fire Other 1HTSDZ3R4LH259806 54448 Inside No $300,000 Yes $1,000 Actual Cash Value 1994 IHC Tanker Fire Truck Fire Other 1HTGHAAT5RH570955 54448 Inside No $200,000 Yes $1,000 Actual Cash Value 1995 International 4900 Fire Other 1HTSDAARXSH691741 54448 Inside No $310,000 Yes $1,000 Actual Cash Value 1996 International Dump Truck Dump Truck 1HTGBAAR4TH393702 54448 Inside No $65,582 Yes $1,000 Actual Cash Value 1999 Sterling/John son Dump Truck Dump Truck 49H67FAA8XHB35045 54448 Inside No $120,000 Yes $1,000 Actual Cash Value 2005 Dodge 2500 Pickup 3D7KS28C95G748509 54448 Inside No $45,000 Yes $1,000 Actual Cash Value 2006 Kenworth Fire Truck Fire Other 2NKMHD6H46M13305 9 54448 Inside No $300,000 Yes $1,000 Actual Cash Value 2012 Dodge 1/2 Ton Pickup 3C6JD7DP7CG205363 54448 Inside No $26,650 Yes $1,000 Actual Cash Value 2013 Stealth Trailer Trailer 52LBE1827DE015542 54448 Inside No $10,000 Yes $1,000 Actual Cash Value 2016 Freightliner Dump Truck Dump Truck 1FVAG3CY3GHGU6154 54448 Inside No $144,310 Yes $1,000 Replacement Cost 2019 Dodge Durango Police 1C4RDJFG5KC652927 54448 Inside No $37,365 Yes $1,000 Actual Cash Value 2020 Ford PICKUP Pickup 1FDRF3H60LED78337 54448 Inside No $59,840 Yes $1,000 Actual Cash Value 2020 Ford 1 Ton Pickup 1FTBR1Y82LKB07784 54448 Inside No $36,955 Yes $1,000 Actual Cash Value 2021 Pipehunter 3500 Sewer Jetter Dump Truck 1T92T1626MP391807 54448 Inside No $58,829 Yes $1,000 Replacement Cost 2021 PJ16 Trailer Trailer 3CVUL1627M2610558 54448 Inside No $3,500 Yes $1,000 Replacement Cost 2021 Ford PICKUP Pickup 1FDRF3H6XMED06787 54448 Inside No $54,340 Yes $1,000 Replacement Cost 2023 Dodge Durango Police 1C4RDJFG3PC558293 54448 Inside No $50,304 Yes $1,000 Replacement Cost 2024 Freightliner Engine Tender Fire Other 3ALACYFE4RDVC3670 54448 Inside No $402,844 Yes $1,000 Replacement Cost Number of Vehicles with Auto Liability: 18 Original Cost Total: $2,575,519 Number of Vehicles with APD: 20 (1) APD Value is determined by Original Cost New (OCN - retail cost the original purchaser paid for the vehicle) or by Appraisal Value for Fire/Rescue vehicles. (2) APD Coverage Type is determined by underwriting and is based on the vehicle age and value LWMMI – 008 03/24 Page 7 Pre-loss Legal Services Has something happened in your community recently where you need legal advice? Stafford Rosenbaum offers insured members no cost pre-loss legal services: • • • • • Land use, zoning, permits Conflicts of interest Tax assessments Open meetings and public records Contractual issues …and many more. Human Resources Legal Services The League of Wisconsin Municipalities Mutual Insurance (LWMMI) has partnered with our colleagues at the Stafford Rosenbaum law firm to provide the following human resources legal services at no cost to insured members: • HR Hotline: Phone assistance with HR-relatedissues. • Talent Management: Support with recruitment, hiring, background screening, onboarding, performance management, disciplinary counseling, and termination management. • Employment Law Compliance: WI and Federal Fair Employment, Wage & Hour, Safety, FMLA, I9 and more. • Documents: Development/review of job descriptions, handbooks, policies, procedures, and forms customized for the municipality. • Workplace Training: Supervisors and/or employeesrelated to compliance and HR-related topics. • Workplace investigations. Human Resources & Pre-Loss Legal Services Contact: Ted Waskowski—Partner twaskowski@staffordlaw.com (608) 256-2613 + Nurse Triage & Telehealth League of Wisconsin Municipalities Mutual Insurance is proud to partner with CorVel as our nurse triage and telehealth partner. CorVel’s proactive healthcare solution connects injured workers to medical services ensuring they feel cared for in the event of a workplace injury. Nurse Triage At the time of a workplace injury, employees can call and speak with a registered nurse through CorVel’s 24/7 nurse hotline who will evaluate the injury to determine immediate medical needs. By addressing the injury when it first occurs, CorVel can provide quick and timely care for your employees. Telehealth CorVel’s nurses are trained to provide an initial assessment and will provide immediate referral to medical care when needed. Nurses may also refer to telehealth as appropriate at the option of the employee. This feature connects the injured worker to a physician immediately via a computer, tablet, or phone. The CorVel nurse will email a link with instructions directly to the injured worker. The CorVel nurse will stay on the telephone with the injured worker until they are connected to the online visit. Advantages of Telehealth For many workplace injuries, immediate treatment can be received through a virtual visit with a doctor eliminating the need for scheduling and attending an in-person appointment. No driving to a doctor’s office, missed appointments, or delays in waiting rooms. With the advent of new technologies, many welcome the convenience of a virtual visit with a doctor and the added expediency of prescriptions and physical therapy scheduling. By connecting our employees with appropriate, quality care, it can help prevent a minor injury from becoming a complicated injury and focus on your employee’s wellness. About Telehealth Physicians CorVel has contracted with dedicated physicians who average 15 years in primary and urgent care experience, and are US Board Certified, licensed, and credentialed. Rebound For our members that currently utilize our Rebound injury management program, you can continue to contact Rebound directly as you have been doing for any musculoskeletal injuries (knee, shoulder, back, hip, etc.). Also, the nurses at CorVel can provide a referral to Rebound for those injuries as appropriate. The services are designed to work together to achieve the best outcome. Reporting a Claim For any work related injury that goes through the 24/7 nurse hotline, CorVel will automatically send the first notice of injury to United Heartland for claim handling. If you chose not to use CorVel, you will need to submit your claim to United Heartland as previously done. Better injury management helps your employees and your bottom line. 24/7 Work Injury Nurse Line Immediately following a workplace injury, call to speak with a registered nurse who will evaluate your incident and determine care. Our nurses specialize in occupational injuries and will connect you with the quality care you need. (855) 438-4577 Call 911 for Medical Emergencies f1 CV-1284_8_5x11_Hotline_English_Pstr.indd 1 4/17/19 8:36 AM Labor Agreement Between The Village of Marathon City and General Teamsters Union Local 662 Mosinee, Wisconsin January 1, 2026 through December 31, 2026 AGREEMENT THIS AGREEMENT made and entered into by the Village of Marathon City, hereinafter referred to as the “Municipal Employer” or “Village”, and General Teamsters Union Local 662, affiliated with the International Brotherhood of Teamsters, hereinafter referred to as the “Union”. ARTICLE 1 – RECOGNITION The Village of Marathon City, through its Village Board, the Employer, hereby recognizes the Union as the exclusive collective bargaining representative for all full-time and regular part-time clerical and public works employees of the Village. Appointed officials, elected officials, temporary and seasonal employees, fire fighters, emergency medical responders, police officers, managerial, confidential and executive employees are expressly excluded from this collective bargaining unit. ARTICLE 2 – DURATION A. Term: This Agreement shall become effective as of January 1, 2026, and shall remain in full force and effect up to and including December 31, 2026 , unless amended, changed or terminated pursuant to Article 2, Section B, below. B. In the event either party desires to amend, change or terminate the Agreement, it shall give notice thereof at least sixty (60) days, but not more than one hundred twenty (120) days prior to the expiration date or anniversary thereof. Upon giving such notice, the parties shall meet in order to negotiate said amendments or changes. ARTICLE 3 – WAGES AND PAY PERIOD Current employees shall be paid the wages set forth in APPENDIX “A”. It shall be the responsibility of the employee to assure proper recording of hours worked. Records of time worked shall be submitted to the Village Administrator, or designee. The standard payroll period and payday shall be determined by the Village. The Union and the Village hereby agree that all new hires will be paid a base hourly rate as identified in Appendix “B” for the represented job duty. ARTICLE 4 – SEPARABILITY & SAVINGS If any Article or Section of this Agreement, or any addendums hereto, should be held invalid by any tribunal of competent jurisdiction, or by any federal, state or county legislation, or if compliance with or enforcement of any Article or Section should be restrained by such tribunal pending a final determination as to its validity, the remainder of this Agreement, or any addenda hereto, or the application of such Article or Section to persons or circumstances other than those as to which it has been held i nvalid or as to which compliance with or enforcement of has been restrained, shall not be affected thereby. IN WITNESS WHEREOF, the parties hereto have set their respective signatures this 12 th day of November, 2025. VILLAGE OF MARATHON CITY INTERNATIONAL BROTHERHOOD OF TEAMSTERS, GENERAL TEAMSTERS UNION LOCAL 662 ______________________________ ____________________________ Kurt Handrick, Jr., President Dan Kutcher, Business Representative ______________________________ ____________________________ Steve Cherek, Administrator Cassandra Lang ____________________________ Chris Trice ____________________________ Aaron Martin ____________________________ Ryan Kage ____________________________ Anita Krautkramer APPENDIX “A” 2026 Hourly Rates Clerk / Deputy Treasurer* $28.02 Deputy Clerk / Office Assistant $23.03 Water Plant Operator $32.18 Street Foreman $31.42 Public Works Employee $28.80 APPENDIX “B” New hired are paid eighty percent (80%) of the above rates. After six months, they receive ninety percent (90%) of the rate and after twelve months they receive one hundred percent (100%) of the rate. However, the Village Board may, in its sole discretion, hire employees at or exceeding the twelve-month rate based on prior experience and/or market conditions and may advance new employees more rapidly. *New hired Clerk / Deputy Treasurer will be based upon experience and the completion of the University of Wisconsin-Green Bay Wisconsin Municipal Clerks Institute education. This is a 3-year program combined with education and on the job experience. If the new hire has this training completed, they will be paid the full rate as shown in Appendix A. If the new hire does not have this experience and education, the rate of increase changes to the following: New Hired will be required to take the University of Wisconsin-Green Bay Wisconsin Municipal Clerks Institute education along with all WI DOR webinars related to the Clerk position. The Village will pay the cost for the required new hire training/education. Because of the experience needed to be gained, the rates of increase changes to the following provided they complete the required training each calendar year of employment. Starting pay at 88.567% the Full Hourly Rates for the Clerk. Upon successful completion of UW-Green Bay WI Municipal Clerks 1 st year classes and experience gained in the position, the following calendar year the position will see a 92.378% Full Hourly Rate for that budget year. Upon successful completion of UW-Green Bay WI Municipal Clerks 2 st year classes and experience gained in the position, the following calendar year the position will see a 96.189% Full Hourly Rate for that budget year. APPENDIX B -CONTINUED- Upon successful completion of UW-Green Bay WI Municipal Clerks 3st year classes and experience gained in the position, the following calendar year the position will see a 100% Full base pay Hourly Rate for that budget year. However, the Village Board may, in its sole discretion, may hire the Clerk / Deputy Treasurer at or exceeding the three-year rate based on prior experience and/or market conditions and may advance new employees more rapidly. 2026 Village Budget Acknowledgements ELECTED OFFICIALS Kurt Handrick Jr., President Mark Ahrens, Trustee Alex Cabrera, Trustee Kevin Sorenson, Trustee Jeff Lawrence, Trustee Keith Paul, Trustee Barb Parlier, Trustee Village Administration Steven Cherek, Administrator/Treasurer Cassie Lang, Clerk/Deputy Treasurer Ken Bloom, Director of Public Works Tyler Geske, Police Chief Darrin Hall, Fire Chief 2026 Village Budget Special thanks to all Department Staff for their hard work and input in the 2026 Budget! 2 From the Administrator 2026 Village Budget 3 TO: Marathon City Board of Supervisors and Residents of Marathon City FROM: Steven Cherek, Village Administrator DATE: November 12, 2025 SUBJECT: 2026 Marathon City Budget Message I respectfully submit the 2026 Annual Budget and Financial Plan for your review and consideration, as required by Section 65.90 of the Wisconsin Statutes. This document outlines my recommendations for the Village of Marathon City's operating budget for the upcoming year. New in this year’s report is the inclusion of the Village’s Capital Improvement and Debt Service Funds, along with their respective budgets. These additions follow the approval of the 2025–2029 Capital Improvement Plan (CIP) and the adoption of Resolution 2025-07-02A on July 2, 2025. This five-year, $7.2 million plan—supported by a $6.5 million funding cycle for 2025– 2027—demonstrates our continued commitment to enhancing Village services and infrastructure. It also reflects our careful consideration of the Village’s financial capacity, aiming to maintain debt levels with minimal impact on future debt levies or the general fund budget, ensuring affordability for residents. The full CIP is available on the Village website under the Budget section. Having a CIP in place allows the General Budget to remain focused on operational needs, separate from capital improvements. The 2026 Village Budget reflects our ongoing commitment to delivering high-quality municipal services in line with established priorities and the optimal use of community resources. Importantly, the budget is balanced and adheres to the financial policies and guidelines set forth by the Village Board. 2026 Village Budget – The Budget Process 4 Overview of the Budget Process: The budget process is truly a team effort, and the 2026 Budget stands as a prime example of collaboration across the organization. It represents the culmination of a three-month process involving strategic direction from the Village Board and Village Administrator, along with dedicated teamwork among staff members and department heads. The 2026 Budget is designed to maintain service levels and address capital needs as outlined in the 2025–2029 Capital Improvement Plan (CIP), while adhering to the Village’s financial benchmarks and planning for the future. The Board of Trustees for the Village of Marathon City has identified the following primary drivers for the 2026 budget cycle: • Core Services: The Village remains committed to providing essential services in Public Works (e.g., Streets and Sanitation) and Public Safety (e.g., Police and Fire). • Growth and Development: Continued industrial, commercial, and residential growth is a priority, with a focus on infrastructure expansion within the Village. • Downtown Revitalization: The Village is dedicated to the ongoing revitalization of the downtown area, parks and business corridor. • Workforce Excellence: The Village is committed to retaining a high-quality workforce by offering competitive compensation and benefits, investing in modern equipment and technology, and fostering a workplace culture that values strong work ethics, professionalism, and a positive attitude. • Strategic Expansion: The Village seeks opportunities to strategically grow in both value and size. • Long-Term Planning: The Village is dedicated to fulfilling its long-term commitments outlined in the 2025–2029 CIP and addressing the community’s needs as identified in the plan. • Community Engagement: The Village is committed to fostering strong community involvement and maintaining open lines of communication with residents to ensure that budget decisions reflect the values and priorities of the community. Based on the current economic environment and the budget priorities and assumptions adopted by the Board, the Administrator worked closely with department heads to construct a budget that strategically aligns revenue and expense accounts with the primary budget drivers and past and current Village activities. Departments were directed to constrain their 2026 non-payroll operating levy budgets, aiming to keep increases over 2025 levels to a minimum, where practicable and reduce if possible. While external fiscal pressures, such as inflation affecting contractual services and material costs presented challenges, I am proud of the proposed budgets that our Village team has developed and presented today. 2026 Village Budget 5 Debt Services Fund Budget • New in 2026: Centralizes debt-related expenditures. • Funded by: Transfers from the General, TID 1, TID 2, Water and Waste Water Utility Funds. • Covers all Village Debt payments including Interest and Principal • Total: $2,043,929.65 in both Revenue and expenditures • 2026 Estimated Ending Fund Balance: $0.00 Capital Improvement Plan (CIP) Fund Budget • Established July 2, 2025 with $1,477,813.05 2025 Bond Proceeds needed to Support 2025 - 2027 infrastructure projects approved in CIP Plan. • Revenue: $144,806.76 From General Fund Transfer & CIP Interest Earnings • Revenue from CIP Fund Balance: $649,406.24 • Expenditures: $794,213.00 • 2026 Estimated Ending Fund Balance: $79,454.81 New Baseball/Softball Park Fund Budget • Funded by donations and project-specific contributions • Revenue: $55,000 • Expenditures: $18,000 • 2026 Estimated Ending Fund Balance: $0.00 TID 1 Fund Budget • 2025 Village did a full proceeds from borrowing draw of $1,054,529.15 to cover North Industrial Park project, with around $434,469.97 balance carry over due to estimated construction end time. This balance was placed in the TID 1 Fund and will be used in 2026 to complete the project. • Revenue: $844,513.61 • Revenue from TID 1 Fund Balance: $484,018.20 • Expenditures: $1,328,531.81 • 2026 Estimated Ending Fund Balance: $24,651.80 TID 2 Fund Budget • Revenue: $123,474.26 • Revenue from Utility Fund Advance: $26,713.48 • Revenue from General Fund Advance: $26,713.49 • Expenditures: $176,901.23 • 2026 Estimated Ending Fund Balance: -$801,130.61 • 2030 TID 2 expected to start paying back General & Utility Funds with Revenue generated from Increment Value generated. Water & Waste Water Utility Fund Budget • Approved by Utility Commission on October 29, 2025 • Revenue generated by Utility Customer Billing based on consumption • 5.5% rate increase starting on Quarter 4, January 1, 2026 Utility bills • Revenue: $1,449,540.80 • Water: $525,020.23 • Waste Water: $920,767.15 • Utility Fund Balance: $3,753.42 • Expenditures: $1,449,540.80 • Water: $483,913.18 • Waste Water: $965,627.62 • 2026 Estimated Ending Fund Balance: $1,136,108.78 General Fund Budget • Public Hearing on this budget published for November 12, 2025. • Village Board to approve and adopt Resolution 2025-11-06A on November 12, 2025 • Mainly funded by Local Taxes and Intergovernmental Revenue (State Funding) • Revenue: $1,934,699.46 • Expenditures: $1,934,699.46 • Includes: 10 major Categories as outlined in the Notice of Public Hearing. Village of Marathon City – 2026 Budgets Public Summary: The Village consist and operates each year on 7 separate budgets and Funds. Appendix A through G attached to this document, shows each budget in detail. Below are the key highlights and financial figures of each Budget Fund for 2026 2026 Village Budget 6 2026 General Fund Overview – Revenues General Fund revenues for 2026 are projected to increase by $107,186.33 (5.87%) compared to 2025. This growth is primarily driven by: • Intergovernmental Revenues: Up $24,454 (4.84%), largely due to increased Transportation Aid. • Public Charges for Services: Up $22,636 (316.58%), reflecting the new village parks user fees to cover service. • Miscellaneous Revenue: Up $31,124 (30.94%), primarily from interest earnings on accounts. The Village’s General Fund is primarily supported by local property taxes and state aids (Intergovernmental Revenues), which together account for 76% of total revenue. Additional sources include licenses and permits, intergovernmental charges (such as fire service contracts), miscellaneous revenue (interest earnings), and fines and forfeitures. (See charts for details.) With the adoption of the 2025-2029 Capital Improvement Plan in July 2025, Proceeds from Borrowing is no longer going to appear in the General Fund. This revenue source is now allocated to the CIP Fund and will show in the CIP Fund Budget. General Tax Levy ($948,381) The General Fund 2026 levy is set at $948,381, an increase of $17,669 (1.90%) from last year’s levy of $930,712. The General Fund levy consists of $898,381 Tax Levy and $50,000 Debt Levy. Local property taxes are subject to Wisconsin’s Levy Limit Law, which allows the Village to increase its tax levy based on the prior year’s net new construction rate. In 2025, net new construction in the Village totaled $4,430,800, representing a 1.937% increase in value. The 2026 budget raises the general levy by the allowable rate while keeping the Debt Levy at $50,000, consistent with past years and below the $323,918 maximum debt levy limit. In 2025, the Village completed a reassessment of property values, resulting in a 66.05% increase change in land assessments, aligning values with the Equalized Value. This adjustment reduces the overall tax rate by $3.17 per $1,000, bringing the total Village Tax Rate down to $4.57 per $1,000. (See the “Budget Impact on Taxes” slide for more details.) 2026 Village Budget 7 49.02% 5.50% 27.37% 1.71% 0.39% 1.54% 7.67% 6.81% 0.00% 2026 Village General Fund Revenue LOCAL TAXES & SPECIAL ASSESSEMENTS SPECIAL Assessments INTERGOVERNMENTAL REVENUES LICENSES AND PERMITS FINES & FORFEITURES PUBLIC CHARGES FOR SERVICES INTERGOVERNMENTAL CHARGES MISCELLANEOUS REVENUE 2026 General Fund Overview - Revenues State Aids – Intergovernmental Revenues ($529,590.40) Shared Revenue and General Transportation Aid are the two largest state aids received by the Village, together representing 19.06% of total revenue of the 2026 General Fund Budget. For 2026, Intergovernmental Revenues are projected to increase by 4.84%, primarily due to a $24,231.11 (14.90%) increase in General Transportation Aid, while most other components remain flat or slightly lower. It should be noted, that the GTA, is calculated using a five-year rolling average of local street investment combined with the allocation set in the state’s biennial budget. The 2026 increase in GTA, directly reflects the Village’s increased investment in street projects over the past five years and additional funding allocated by state legislation for municipal transportation aid payments. 2026 Village Budget The table to the left compares Shared Revenue payments for Marathon City and neighboring communities, highlighting a significant disparity between the Village and its western Marathon County peers. Addressing this gap is a priority for the Village Board and Administrator in 2026, as they work to understand the reasons behind the difference and explore options for correction. 8 Public Charge for Service – User Fees ($29,785.60) This revenue category reflects fees assessed by the Village for services that provide a direct benefit to specific individuals or groups rather than the general public. Typical examples include rental of the Village Hall, Rental of a Village Park, event requesting police services, street sweeping a private parking lot, wood chipping for property owner along with request for snow/salt winter services. Charges are generally structured to recover the full cost of providing the service, with the intent of operating at close to a break-even level. For fiscal year 2026, revenue in this category increased by $22,635.60, representing a 316.58% rise compared to the prior year. This increase is primarily attributable to the implementation of user fees for the Village baseball and softball fields. This new revised fee structure is necessary to maintain the fields in optimal condition and to ensure that users, including those residing outside the Village, contribute proportionately to the costs associated with their use. Cost recovery through user fees is an essential component of fiscal sustainability, as it reduces reliance on Village General Tax revenues and ensures that those who directly benefit from these services bear an equitable share of the associated expenses. 2026 General Fund Overview – Expenditures The proposed General Fund expenditures for 2026 total $1,934,699.46, with $1,850.25 allocated to the General Reserve Fund. This represents a 5.87% increase in total expenditures over last years budget, with the largest increases to Public Safety and Parks, Culture & Recreation as the village expanded its parks services. Spending priorities are guided by the Board of Trustees, the 2025–2029 Capital Improvement Plan, and the Village’s Comprehensive Plan. The budget emphasizes operational cost containment while strategically allocating funds for outside professional services. Employee compensation and benefits account for 35.10% ($679,049.63) of total expenditures across multiple categories within the General Fund Budget. Full-time, part-time, and paid-on-call personnel remain one of the Village’s most valuable assets. Staff members in Administration, Public Works, Utility, and Public Safety are dedicated to providing high-quality services and serving as ambassadors of local government. For 2026, the Village Board has recommended: • A 3.5% wage increase for full-time and part-time employees. • Market rate adjustments as needed in job classifications as compared to Villages similar in population size, job category and experience in the position. • Maintaining health insurance costs at 2025 levels through collaboration with TeamCare (Central State Health Plan), the Village’s health insurance provider. • Slight increase in Wisconsin Retirement System contributions rate • Shift of a portion Administration payroll from TID 1 & 2 funds back to the General Fund Budget & Utility Fund • Emergency Medical Responders and Firefighters paid-on-call stayed at $25.00 but allowed to stay at full staff levels (34 members) to cover the increased call volume and expense matching trends over the past few years. These adjustments, combined with benefits and wage changes, result in a 9.65% increase ($59,789.52) in General Fund payroll related expenditures, up 1.41% from the previous year. 2026 Village Budget 9 14.52% 36.85% 14.46% 5.67% 3.49% 0.16% 0.10% 6.20% 18.46% 0.10% 2026 General Fund Expenditures GENERAL GOVERNMENT PUBLIC SAFETY PUBLIC WORKS HEALTH & HUMAN SERVICES PARKS, CULTURE & RECREATION CONSERVATION & DEVELOPMENT MISCELLANEOUS CAPITAL OUTLAY DEBT SERVICE PROCEEDS TO FUND BALANCE 2026 General Fund Overview – Expenditures 2026 Village Budget 10 Public Safety: $712,894, increase of 5.66% The Public Safety budget encompasses the Village Police Department as well as Fire and Emergency Medical Services (EMS). The Police Department is projected to experience a 4.48% increase in expenditures, primary driven by payroll-related costs and rising expenses associated with Information Technology. Fire and EMS Services are provided through contractual agreements with the local towns and the Village, utilizing a shared cost allocation model. Both MFD and EMS operating budgets increased due to full staffing levels, higher call volumes, and increased information technology expenses. These cost increases were largely offset by the Village refinancing of the fire truck debt, which resulted in lower annual payments. General Government: $280,841.20 The 2026 General Government budget represents the administrative costs associated with operating the Village. This category includes expenditures for the Village Board, Administrative and Clerk personnel, Audit Services, Legal Services, and Land Assessments. For 2026, General Government expenditures are projected to decrease by $12,803.80, or 4.36%, compared to the prior year. The accompanying chart provides a breakdown of these expenditures by category. Notably, Legal & Professional Services along with Village Insurance reflect a reduction of $34,681.15, as the 2025 budget included a one-time allocation for the reassessment of Village properties. As outlined in the previous overview, General Government experienced one of the more significant increases in wages and benefits. This is due to pay adjustments for recently hired employees and the reallocation of administrative costs back to the General Fund from the Tax Increment District (TID) budgets. 2026 General Fund Overview – Expenditures Public Works: $279,802.28, decrease of $49,015.75, 14.91% The Public Works Department experienced significant changes in its 2026 operating budget, primarily due to the adoption of the Village Capital Improvement Plan (CIP) and the establishment of the CIP Fund. As part of this transition, $60,000 previously allocated for Street Maintenance/Reconstruction in last year’s budget was reallocated, along with an additional $60,000 from the General Fund, to the CIP Fund to finance street projects as outlined in the approved plan. Excluding this reallocation, the Public Works operating budget reflects an increase of 3.34%, largely attributed to payroll-related expenditures, while other areas remained relatively stable with minor inflationary adjustments. Additionally, under the approved CIP plan, Public Works will acquire a 2025 demo Bucher V65H Street Sweeper in 2026, replacing the outdated 1999 Johnson Street Sweeper, which had exceeded its useful life cycle. 2026 Village Budget 2026 Village to Receive a New Demo Bucher V65H Street Sweeper, replacing the 27 year old one as approved in the 2025-2029 CIP Parks, Culture & Recreation: $67,490.48, Increase of 14,105.65, 26.42% Over the past two years, the Parks, Culture & Recreation budget has grown by $47,865 representing a 243% increase since 2024. This growth is primarily attributable to the development of the new County Materials Sport Complex, improved employee time-tracking practices, and upgrades to other Village-owned parks, such as Veterans Park. The 2026 Budget continues this trend, as the grand opening of the new park is scheduled for Spring 2026. A notable addition to the 2026 budget is increased park revenue, driven by newly implemented user fees for baseball and softball field services at both Veterans Park and the County Material Sport Complex. To help moderate user fees, the Village Board approved subsidizing employee wages for lawn care and park maintenance. This approach ensures that user fees primarily cover equipment and material costs rather than labor, maintaining affordability while supporting high quality park facilities. 11 2026 Debt Fund vs Village General Borrowing Capacity The municipal debt is a tool available to communities statewide. The Village of Marathon City utilizes debt to pay for projects and capital expenditures. These items are typically higher cost and long-life assets (i.e. fire trucks, plow trucks, streets) and the structure of the debt matches the needs and life cycle of the asset being financed. Municipalities in the State of Wisconsin have a statutory limit on the amount of debt they can issue calculated as 5% of the equalized value of the community. The statutory debit limit for Marathon City in 2026 is $12,758,995. The Village projects $6,584,038 in outstanding debt at the beginning of 2026 which is allocated to TID #1, TID #2 and the general fund. In 2026 the Village is scheduled to make principal payments totaling $447,314 on the outstanding debt, funded by TID revenues and general levy. At the end of 2026, the Village will have just over $6.6M or 56% of general obligation borrowing capacity available. Based on the current debt outstanding and the payment schedule, outstanding Village debt will be paid off by 2045. While the Village has significant debt capacity available, the Village Board of Trustees has established guidelines regarding the use of debt and has set maximum utilization thresholds for debt. All debt issued by the Village mist be approved by the Village Board of Trustees. 2026 Village Budget 12 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 2025 2026 2027 2028 2029 2030 2031 2032 2033 General Obligation Borrowing Capacity General Obligation Debt Outstanding General Obligation Borrowing Capacity 2026 Village Budget ESTIMATED BUDGET IMPACT TO HOMEOWNERS The accompanying tables illustrate the effect of the 2026 General Fund Budget on the Village portion of the property tax bill for a typical home at various assessment levels. The chart below demonstrates how the 2025 property reassessment increased the average residential assessment value by 78.47% For example, a home assessed at $200,000 prior to the 2025 reassessment, with a 2025 tax bill of $1,549, would see its value increase to $356,900 following the average 78.47% reassessment adjustment. Based on this new value, the estimated Village tax levy for 2026 would be approximately $1,631.21, an increase of $82.21 over the prior year. One might ask why this represents a 5.30% increase when the operating budget grew only by the net new construction factor of 1.94% and the mill rate decreased by $3.18 per $1,000 of assessed value. The primary reason is that the 2025 reassessment shifted a greater share of the overall tax levy to residential properties. Residential land assessments increased by approximately 3.91% relative to the 2024 values, resulting in homeowners bearing a larger portion of the Village tax levy in 2026. In conclusion, the 2026 General Budget stands as a responsible and balanced financial plan, ensuring the provisions of high-quality municipal services expected by residents. The successful development of the budget is attributed to the collaborative efforts of the staff and the valuable input and policy direction provided by members of the Village Board throughout the 2026 Budget process. Respectfully submitted, Steven A. Cherek Village Administrator - Treasurer 13 Appendix A 2026 General Fund Budget VILLAGE OF MARATHON CITY November 12, 2025 PROPOSED 2026 GENERAL FUND BUDGET ADOPTED REVENUES AS OFPROJECTED YEAR-ENDADOPTED Proposed YOY Percent REVENUES 2024 BUDGET 9/28/2025 2025 2025 BUDGET 2026 BUDGET Change LOCAL TAXES 931,385.48 $ 591,428.53$ 930,712.00$ 930,712.00$ 948,381.00$ 1.90% SPECIAL ASSESSMENTS 95,504.52 $ 102,670.21$ 104,655.86$ 103,316.88$ 106,375.62$ 2.96% INTERGOVERNMENTAL REVENUES 467,401.33$ 508,784.69$ 904,846.20$ 505,135.94$ 529,590.40$ 4.84% LICENSES AND PERMITS 36,890.00 $ 31,599.93$ 35,624.75$ 33,318.00$ 33,034.00$ -0.85% FINES & FORFEITURES 8,000.00 $ 7,007.06$ 7,856.84$ 7,800.00$ 7,500.00$ -3.85% PUBLIC CHARGES FOR SERVICES 10,500.00$ 6,375.87$ 7,451.83$ 7,150.00$ 29,785.60$ 316.58% INTERGOVERNMENTAL CHARGES 135,737.29$ 142,168.66$ 142,168.66$ 139,484.31$ 148,312.84$ 6.33% MISCELLANEOUS REVENUE 68,117.00$ 127,294.56$ 165,206.17$ 100,596.00$ 131,720.00$ 30.94% PROCEEDS FROM BORROWING 310,000.00$ 12,561.50$ 12,561.50$ - $ -$ SUB-TOTAL REVENUE 2,063,535.62$ 1,529,891.01$ 2,311,083.81$ 1,827,513.13$ 1,934,699.46$ 5.87% PROCEEDS FROM FUND BALANCE -$ -$ -$ -$ -$ TOTAL REVENUE 2,063,535.62$ 1,529,891.01$ 2,311,083.81$ 1,827,513.13$ 1,934,699.46$ 5.87% ADOPTED Expenses as of PROJECTED YEAR-ENDADOPTED Proposed YOY Percent EXPENDITURES 2024 BUDGET 9/28/2025 2025 2025 BUDGET 2026 BUDGET Change GENERAL GOVERNMENT 222,676.94 $ 226,129.01$ 291,781.22$ 293,645.00$ 280,841.20$ -4.36% PUBLIC SAFETY 647,876.44 $ 427,867.87$ 670,983.54$ 674,681.61$ 712,894.27$ 5.66% PUBLIC WORKS 674,906.81 $ 357,676.36$ 501,444.07$ 328,818.03$ 279,802.28$ -14.91% HEALTH & HUMAN SERVICES 97,512.96$ 59,908.04$ 106,884.66$ 107,087.64$ 109,761.94$ 2.50% PARKS, CULTURE & RECREATION 19,625.00$ 44,477.84$ 57,048.69$ 53,384.83$ 67,490.48$ 26.42% CONSERVATION & DEVELOPMENT 6,500.00$ 3,357.00$ 3,357.00$ 1,000.00$ 3,000.00$ 200.00% MISCELLANEOUS 3,000.00 $ 2,918.32$ 3,500.00$ 2,000.00$ 2,000.00$ 0.00% SUB-TOTAL OPERATIONS 1,672,098.15$ 1,122,334.44$ 1,634,999.18$ 1,460,617.11$ 1,455,790.17$ -0.33% Capital Project Fund Transfer - $ 67,995.89$ 70,439.22$ - $ 120,000.00$ Debt Service Fund Transfer 344,222.88 $ 248,374.10$ 574,070.96$ 365,683.43$ 357,059.04$ -2.36% PROCEEDS TO FUND BALANCE 47,214.59$ 91,186.58$ 31,574.45$ 1,212.59$ 1,850.25$ 52.59% TOTAL EXPENDITURES 2,063,535.62$ 1,529,891.01$ 2,311,083.81$ 1,827,513.13$ 1,934,699.46$ 5.87% Transfer to TID 1 Fund Transfer to TID 2 Fund 303,125.00$ 39,176.43 23,173$ 15,450.91$ 26,713.49$ 72.89% Ending Fund Balance 911,346.00$ 963,356.16 919,747$ 897,107.69$ 894,884.22$ -0.25% VILLAGE OF MARATHON CITY November 12, 2025 2026 GENERAL FUND BUDGET Page 2 ADOPTED REVENUES AS OFPROJECTED YEAR-ENDADOPTED PROPOSED YOY Percent REVENUES 2024 BUDGET 9/28/2025 2025 REVENUES 2025 BUDGET 2026 BUDGET Change GENERAL PROPERTY TAXES LOCAL PROPERTY TAXES 931,385.48$ 591,428.53$ 930,712.00$ 930,712.00$ 948,381.00$ 1.90% TOTAL TAXES 931,385.48$ 591,428.53$ 930,712.00$ 930,712.00$ 948,381.00$ 1.90% SPECIAL ASSESSMENTS & CHARGES SPECIAL ASSESSMENTS 1,357.00$ 899.00$ 899.00$ -$ INTEREST ON SPECIAL ASSESSMENTS 237.32$ 125.61$ 125.61$ -$ GARBAGE & RECYCLING CHARGES 93,910.20$ 101,645.60$ 103,631.25$ 103,316.88$ 106,375.62$ 2.96% TOTAL SPECIAL ASSESSMENTS 95,504.52$ 102,670.21$ 104,655.86$ 103,316.88$ 106,375.62$ 2.96% INTERGOVERNMENTAL REVENUES STATE SHARED REVENUE 179,362.19 $ 36,423.30$ 181,315.69$ 181,315.69$ 181,858.33$ 0.30% STATE COMPUTER AID 10,858.29 $ 6,669.94$ 6,669.94$ 6,669.94$ 6,669.94$ 0.00% STATE HIGHWAY AIDS 150,918.52 $ 121,864.38$ 162,627.62$ 162,627.62$ 186,858.73$ 14.90% STATE RECYCLING GRANT 10,989.23 $ 11,043.11$ 11,043.11$ 11,082.40$ 11,043.11$ -0.35% Video Provider AIDS 2,973.10 $ 2,973.10$ 2,973.10$ 2,973.10$ 2,973.10$ 0.00% STATE PERSONAL PROPERTY AID - $ 31,467.19$ 31,467.19$ 31,467.19$ 31,467.19$ 0.00% STEWARDSHIP GRANT-COUNTY 1,800.00$ -$ -$ FEDERAL GRANTS / Fire Truck - $ 298,343.67$ 400,029.55$ - $ UTILITY DEPT. TAX EQUIVALENT 108,000.00$ - $ 108,000.00$ 108,000.00$ 108,000.00$ 0.00% LAW ENFORCEMENT STATE AIDS 2,500.00$ -$ 720.00$ 1,000.00$ 720.00$ -28.00% TOTAL INTERGOVERNMENTAL REVENUES 467,401.33$ 508,784.69$ 904,846.20$ 505,135.94$ 529,590.40$ 4.84% LICENSES AND PERMITS MOBILE HOME TAX 6,800.00$ 6,807.92$ 7,895.28$ 8,200.00$ 8,200.00$ 0.00% CABLE FRANCHISE FEE 8,745.00$ 5,285.01$ 6,972.47$ 7,008.00$ 7,008.00$ 0.00% BUS. & OCCUPATIONAL FEES 7,575.00$ 10,715.00$ 10,715.00$ 5,970.00$ 7,595.00$ 27.22% LIQUOR LICENSES 5,640.00 $ 4,520.00$ 4,520.00$ 5,090.00$ 4,520.00$ -11.20% LICENSES PUBLICATION FEE 180.00 $ 180.00$ 180.00$ 200.00$ 180.00$ -10.00% DOG LICENSES 450.00 $ 342.00$ 442.00$ 450.00$ 731.00$ 62.44% BUILDING PERMITS 7,500.00 $ 1,650.00$ 2,500.00$ 5,000.00$ 3,000.00$ -40.00% UTILITY PERMITS 950.00 $ 1,050.00$ 600.00$ 800.00$ 33.33% SIGN PERMITS 1,150.00 $ 1,350.00$ 800.00$ 1,000.00$ 25.00% TOTAL LICENSES & PERMITS 36,890.00$ 31,599.93$ 35,624.75$ 33,318.00$ 33,034.00$ -0.85% LAW & ORDINANCE VIOLATIONS 7,000.00$ 5,548.26$ 6,356.84$ 7,000.00$ 6,000.00$ -14.29% PARKING VIOLATIONS 1,000.00 $ 1,458.80$ 1,500.00$ 800.00$ 1,500.00$ 87.50% FINES AND FORFEITURES 8,000.00$ 7,007.06$ 7,856.84$ 7,800.00$ 7,500.00$ -3.85% PUBLIC CHARGES FOR SERVICES CLERK'S SERVICE INCOME 1,500.00$ 1,470.00$ 1,970.00$ 1,900.00$ 1,750.00$ -7.89% POLICE SERVICE INCOME 3,500.00$ 834.60$ 1,000.00$ 1,000.00$ 1,000.00$ 0.00% CHARGES - GARBAGE STICKERS 750.00$ 431.83$ 431.83$ 750.00$ 750.00$ 0.00% CHARGES - RECYCLING FEES 1,500.00$ 600.00$ 1,000.00$ 1,500.00$ 1,500.00$ 0.00% STREETS MAT. & SERVICES INCOME 2,750.00$ 979.44$ 990.00$ 1,500.00$ 1,500.00$ 0.00% PARKS REVENUE 500.00 $ 560.00$ 560.00$ 500.00$ 21,785.60$ 4257.12% SAFETY FUND INCOME - DARE 1,500.00 $ 1,500.00$ - $ 1,500.00$ TOTAL PUBLIC CHARGES FOR SERVICES 10,500.00$ 6,375.87$ 7,451.83$ 7,150.00$ 29,785.60$ 316.58% November 12, 2025 Page 3 ADOPTED REVENUES AS OFPROJECTED YEAR-ENDADOPTED PROPOSED YOY Percent REVENUES 2024 BUDGET 9/28/2025 2025 REVENUES 2025 BUDGET 2026 BUDGET Change INTERGOVERNMENTAL CHARGES FIRE CALLS - $ - $ FIRE INS. DUES 14,511.17 $ 19,709.08$ 19,709.08$ 17,327.05$ 19,709.08$ 13.75% FIRE SECTION FEES 109,217.41 $ 113,202.78$ 113,202.78$ 113,202.78$ 112,566.98$ -0.56% FIRST RESPONDER SECTION CHARGES 12,008.71$ 9,256.80$ 9,256.80$ 8,954.48$ 16,036.78$ 79.09% TOTAL INTERGOVERNMENTAL CHARGES 135,737.29$ 142,168.66$ 142,168.66$ 139,484.31$ 148,312.84$ 6.33% MISCELLANEOUS REVENUE OTHER INCOME - F.D. - $ 6,095.02$ 6,095.02$ - $ DIVIDENDS & INTEREST 7,500.00 $ 73,292.34$ 98,000.00$ 39,000.00$ 68,400.00$ 75.38% RENTAL REVENUE 41,117.00 $ 23,812.72$ 35,096.00$ 35,096.00$ 37,320.00$ 6.34% LIBRARY REVENUE 9,500.00 $ 6,650.23$ 9,100.00$ 10,000.00$ 10,000.00$ 0.00% PARK SPONSORSHIP & DONATIONS - $ 7,000.00$ 7,000.00$ 5,500.00$ 1,500.00$ -72.73% DONATIONS - PD - $ 1,614.15$ 1,614.15$ - $ DONATIONS - ADMIN - $ - $ 1,000.00$ 1,000.00$ 0.00% MISC. RECEIPTS & REIMBURSEMENTS 2,500.00$ 1,301.00$ 1,301.00$ 1,500.00$ 3,000.00$ 100.00% SALES OF GOODS & PROPERTY 6,500.00$ 3,500.00$ 3,500.00$ 8,000.00$ 10,000.00$ 25.00% Other MISC Rev 1,000.00 $ 4,029.10$ 3,500.00$ 500.00$ 500.00$ 0.00% TOTAL MISCELLANEOUS REVENUE 68,117.00$ 127,294.56$ 165,206.17$ 100,596.00$ 131,720.00$ 30.94% PROCEEDS FROM DEBT PROCEEDS FROM DEBT 310,000.00 $ 12,561.50$ 12,561.50$ - $ -$ PROCEEDS FROM DEBT - FD - $ - $ TOTAL DEBT REVENUES 310,000.00$ 12,561.50$ 12,561.50$ -$ -$ SUB-TOTAL 2,063,535.62$ 1,529,891.01$ 2,311,083.81$ 1,827,513.13$ 1,934,699.46$ 5.87% PROCEEDS FROM FUND BALANCE -$ -$ -$ -$ -$ TOTAL REVENUES 2,063,535.62 $ 1,529,891.01$ 2,311,083.81$ 1,827,513.13$ 1,934,699.46$ 5.87% November 12, 2025 Page 4 ADOPTED Expenses as of PROJECTED YEAR-ENDADOPTED PROPOSED YOY Percent EXPENDITURES 2024 BUDGET 9/28/2025 2025 2025 BUDGET 2026 BUDGET Change GENERAL GOVERNMENT BOARD SALARIES & EXPENSE 11,900.00$ 8,031.36$ 9,415.00$ 14,360.00$ 12,408.75$ -13.59% ADMIN STAFF WAGES & SALARIES 50,482.68$ 68,969.45$ 79,793.75$ 77,637.59$ 90,871.30$ 17.05% ADMIN STAFF BENEFITS 28,617.26 $ 31,962.28$ 39,521.13$ 32,745.96$ 40,593.46$ 23.96% PUBLICATIONS & DUES 2,400.00 $ 1,736.39$ 2,804.00$ 3,100.00$ 3,100.00$ 0.00% OFFICE SUPPLIES & SERVICES 32,768.00$ 22,776.94$ 29,543.51$ 31,751.30$ 33,650.00$ 5.98% VILLAGE HALL MAINTENANCE 4,000.00$ 2,736.06$ 3,158.21$ 3,400.00$ 3,400.00$ 0.00% ELECTIONS 4,084.00 $ 2,310.64$ 2,555.56$ 2,834.00$ 2,932.69$ 3.48% LEGAL & PROFESSIONAL SERVICES 63,275.00$ 58,359.43$ 89,992.95$ 90,866.15$ 58,700.00$ -35.40% AUDIT - $ VILLAGE HALL UTILITIES 6,900.00 $ 6,184.62$ 8,141.11$ 9,700.00$ 10,700.00$ 10.31% ASSESSMENT OF PROPERTY - $ -$ - $ MOBILE HOME TAX $ 3,250.00 738.06 $ 2,000.00$ $ 3,250.00 $ 3,000.00 -7.69% INSURANCE AND BONDS 15,000.00 $ 22,323.78$ 24,856.00$ 24,000.00$ 21,485.00$ -10.48% TOTAL GENERAL GOVERNMENT 222,676.94$ 226,129.01$ 291,781.22$ 293,645.00$ 280,841.20$ -4.36% PUBLIC SAFETY EMPLOYEE WAGES & SALARIES 204,626.57$ 161,258.30$ 213,150.78$ 213,150.78$ 232,123.97$ 8.90% EMPLOYEE BENEFITS 92,448.51 $ 75,513.76$ 98,150.29$ 102,533.01$ 100,105.75$ -2.37% LEGAL FEES 3,000.00 $ 1,896.54$ 2,100.00$ 2,000.00$ 3,000.00$ 50.00% OPERATIONS 53,874.00 $ 25,961.74$ 44,378.86$ 48,579.00$ 48,623.00$ 0.09% INSURANCE AND BONDS 10,350.00 $ 9,938.93$ 10,595.00$ 12,300.00$ 8,448.00$ -31.32% IT SW, HW, SUPPORT 12,497.92 $ 16,349.55$ 18,877.14$ 16,100.00$ 20,139.00$ 25.09% CROSSING GUARDS 6,297.53 $ 4,910.52$ 7,836.92$ 7,836.92$ 8,111.22$ 3.50% SUBTOTAL - POLICE DEPT. 383,094.53$ 295,829.34$ 395,088.99$ 402,499.71$ 420,550.94$ 4.48% FIRE DEPT. OPERATIONS 124,478.96 $ 82,361.51$ 135,993.05$ 131,878.96$ 148,366.46$ 12.50% FIRST RESPONDER OPERATIONS 42,872.95$ 26,679.45$ 40,413.87$ 42,872.95$ 43,833.87$ 2.24% INSURANCE AND BONDS 16,000.00 $ 12,084.57$ 15,344.63$ 16,000.00$ 16,000.00$ 0.00% AMBULANCE SERVICE 8,200.00 $ 10,913.00$ 10,913.00$ 8,200.00$ 10,913.00$ 33.09% HYDRANT RENTAL 73,230.00 $ - $ 73,230.00$ 73,230.00$ 73,230.00$ 0.00% SUBTOTAL - FIRE DEPT. 264,781.91$ 132,038.53$ 275,894.55$ 272,181.91$ 292,343.33$ 7.41% TOTAL PUBLIC SAFETY 647,876.44$ 427,867.87$ 670,983.54$ 674,681.62$ 712,894.27$ 5.66% November 12, 2025 Page 5 ADOPTED Expenses as of PROJECTED YEAR-ENDADOPTED PROPOSED YOY Percent 2024 BUDGET 9/28/2025 2025 2025 BUDGET 2026 BUDGET Change PUBLIC WORKS EMPLOYEE WAGES & SALARIES 123,373.61$ 78,930.27$ 99,264.91$ 108,675.45$ 116,695.84$ 7.38% EMPLOYEE BENEFITS 51,843.20 $ 36,091.98$ 51,934.22$ 44,520.58$ 53,631.44$ 20.46% GARAGE UTILITIES 6,200.00 $ 6,476.69$ 8,708.35$ 8,432.00$ 9,292.00$ 10.20% VEHICLES OPERATION & MAINTENANCE 20,500.00$ 16,367.38$ 20,000.00$ 20,500.00$ 20,500.00$ 0.00% GARAGE OPERATION & MAINTENANCE 28,490.00$ 25,808.00$ 34,158.11$ 28,490.00$ 28,490.00$ 0.00% CAPITAL EXPENSE - EQUIPMENT INSURANCE AND BONDS 13,500.00 $ 12,810.83$ 15,373.00$ 16,200.00$ 9,193.00$ -43.25% STREET MAINTENANCE 390,000.00 $ 156,527.20$ 240,048.81$ 60,000.00$ - $ -100.00% STREET LIGHTING 40,000.00 $ 22,306.09$ 29,806.09$ 40,000.00$ 40,000.00$ 0.00% TRAFFIC CONTROL 1,000.00 $ 2,357.92$ 2,150.58$ 2,000.00$ 2,000.00$ 0.00% TOTAL PUBLIC WORKS 674,906.81$ 357,676.36$ 501,444.07$ 328,818.03$ 279,802.28$ -14.91% HEALTH & HUMAN SERVICES REFUSE COLLECTION $ 62,247.36 42,984.95 $ 69,732.12$ $ 69,732.12 $ 73,420.02 5.29% RECYCLING $ 34,965.60 16,826.07 $ 37,055.52$ $ 37,055.52 $ 36,241.92 -2.20% RECYCLING SUPPLIES $ 300.00 97.02 $ 97.02$ $ 300.00 $ 100.00 -66.67% SUBTOTAL - SANITATION 97,512.96$ 59,908.04$ 106,884.66$ 107,087.64$ 109,761.94$ 2.50% CEMETERY - $ - $ -$ TOTAL HEALTH & HUMAN SERVICES 97,512.96$ 59,908.04$ 106,884.66$ 107,087.64$ 109,761.94$ 2.50% PARKS, CULTURE & EDUCATION LIBRARY WAGES & OPERATION & MAINTENANCE4,400.00$ 3,719.78$ 4,859.22$ 6,014.20$ 6,119.70$ 1.75% LIBRARY EMPLOYEE BENEFITS - $ LIBRARY UTILITIES 6,100.00 $ 3,853.53$ 5,172.25$ 6,100.00$ 6,000.00$ -1.64% PARKS EMPLOYEE WAGES & BENEFITS -$ 28,042.02$ 31,164.52$ 29,145.63$ 33,797.03$ 15.96% PARKS UTILITIES 2,500.00 $ 5,464.49$ 9,219.75$ 4,500.00$ 10,424.59$ 131.66% PARK OPERATION & MAINTENANCE 5,000.00$ 3,257.66$ 6,232.95$ 6,000.00$ 10,149.16$ 69.15% PARKS INSURANCE & BONDS 625.00 $ - $ -$ 625.00$ - $ -100.00% SPECIAL EVENTS 1,000.00 $ 140.36$ 400.00$ 1,000.00$ 1,000.00$ 0.00% TOTAL PARKS, CULTURE & EDUCATION 19,625.00$ 44,477.84$ 57,048.69$ 53,384.83$ 67,490.48$ 26.42% CONSERVATION & DEVELOPMENT PLANNING & ZONING PROF. SERVICES 6,500.00$ 3,357.00$ 3,357.00$ 1,000.00$ 3,000.00$ 200.00% ECONOMIC DEVELOPMENT - $ $ - - $ -$ TOTAL CONSERVATION & DEVELOPMENT 6,500.00$ 3,357.00$ 3,357.00$ 1,000.00$ 3,000.00$ 200.00% November 12, 2025 Page 6 ADOPTED Expenses as of PROJECTED YEAR-ENDADOPTED PROPOSED YOY Percent 2024 BUDGET 9/28/2025 2025 2025 BUDGET 2026 BUDGET Change MISCELLANEOUS RENTAL PROPERTY MAINTENANCE $ 2,000.00 2,918.32$ 3,500.00$ $ 2,000.00 MICSELLANEOUS 1,000.00 $ - $ - $ -$ TOTAL MISCELLANEOUS 3,000.00$ 2,918.32$ 3,500.00$ -$ 2,000.00$ CAPITAL OUTLAY Fire Departmetn Capital Outlay - $ - $ -$ Streets Department Capital Outlay - $ - $ 120,000.00$ Parks / LIB Capital Outlay 45,960.72 $ 45,960.72$ - $ -$ PD Capital Outlay - $ - $ -$ ADMIN - Capital Outlay 22,035.17 $ 24,478.50$ - $ -$ -$ - $ -$ -$ -$ -$ - $ -$ Land Acquisition - $ - $ -$ TOTAL CAPITAL OUTLAY -$ 67,995.89$ 70,439.22$ -$ 120,000.00$ DEBT SERVICE ADMIN - DEBT SERVICE 272,222.88 $ 219,894.60$ 529,317.46$ 316,861.43$ 316,157.65$ -0.22% FD - DEBT SERVICE 72,000.00 $ 28,479.50$ 44,753.50$ 48,822.00$ 40,901.39$ -16.22% TOTAL DEBT SERVICE $ 344,222.88 $ 248,374.10 $ 574,070.96 $ 365,683.43 $ 357,059.04 -2.36% EXPENDITURE SUMMARY GENERAL GOVERNMENT 222,676.94 $ 226,129.01$ 291,781.22$ 293,645.00$ 280,841.20$ -4.36% PUBLIC SAFETY 647,876.44 $ 427,867.87$ 670,983.54$ 674,681.61$ 712,894.27$ 5.66% PUBLIC WORKS 674,906.81 $ 357,676.36$ 501,444.07$ 328,818.03$ 279,802.28$ -14.91% HEALTH & HUMAN SERVICES 97,512.96$ 59,908.04$ 106,884.66$ 107,087.64$ 109,761.94$ 2.50% PARKS, CULTURE & EDUCATION 19,625.00$ 44,477.84$ 57,048.69$ 53,384.83$ 67,490.48$ 26.42% CONSERVATION & DEVELOPMENT 6,500.00$ 3,357.00$ 3,357.00$ 1,000.00$ 3,000.00$ 200.00% MISCELLANEOUS 3,000.00 $ 2,918.32$ 3,500.00$ 2,000.00$ 2,000.00$ 0.00% SUBTOTAL OPERATIONS 1,672,098.15$ 1,122,334.44$ 1,634,999.18$ 1,460,617.11$ 1,455,790.17$ -0.33% DEBT SERVICE 344,222.88 $ 248,374.10$ 574,070.96$ 365,683.43$ 357,059.04$ -2.36% CAPITAL OUTLAY - $ 67,995.89$ 70,439.22$ - $ 120,000.00$ SUB-TOTAL OPERATIONS2,016,321.03$ 1,438,704.43$ 2,279,509.36$ 1,826,300.54$ 1,932,849.21$ 5.83% PROCEEDS TO FUND BALANCE 47,214.59$ 91,186.58$ 31,574.45$ 1,212.59$ 1,850.25$ 52.59% TOTAL EXPENDITURES $ 2,063,535.62 $ 1,529,891.01 $ 2,311,083.81 $ 1,827,513.13 $ 1,934,699.46 5.87% Appendix B 2026 Water & Waste Water Utility Fund Budget ACTUAL ACTUAL As Of 10/16/2025PROJECTED ADOPTED PROPOSEDYOY Percent REVENUES 2023 REVENUES2024 REVENUES2025 REVENUESYear End 20252025 REVENUES2026 REVENUESChange WASTE WATER Sales - Residential 291,473.49$ 387,104.89$ 402,203.41$ 402,203.41$ 404,947.79$ 430,064.52$ 6.20% Sales - Commercial 153,298.37$ 224,228.89$ 155,217.95$ 155,217.95$ 231,225.23$ 138,473.99$ -40.11% Sales - Industrial 179,432.65$ 178,488.16$ 204,486.51$ 204,486.51$ 198,839.94$ 208,516.80$ 4.87% Sales - Multifamily 18,042.50$ 23,161.24$ 66,872.71$ 66,872.71$ 27,594.09$ 85,708.84$ 210.61% Sales - Public Auth. 39,097.85$ 46,203.78$ 42,753.02$ 42,753.05$ 49,642.68$ 45,046.76$ -9.26% Other Sewer Revs. 664,831.95$ 133,620.69$ 7,844.79$ 10,526.72$ 3,500.00$ 12,956.24$ 270.18% Subtotal - Sewer 1,346,176.81$ 992,807.65$ 879,378.39$ 882,060.35$ 915,749.73$ 920,767.15$ 0.55% WATER - Sales - Residential 151,910.99$ 146,763.63$ 149,937.82$ 149,937.82$ 152,679.34$ 151,826.96$ -0.56% Sales - Commercial 58,464.96$ 71,742.27$ 52,024.22$ 52,024.22$ 62,326.04$ 39,020.22$ -37.39% Sales - Industrial 100,407.14$ 97,833.17$ 90,424.66$ 90,424.66$ 104,533.35$ 103,456.54$ -1.03% Sales - Pump House 6,359.38$ 5,593.64$ 6,764.44$ 6,764.44$ 6,303.31$ 6,823.98$ 8.26% Sales - Public Auth. 21,812.52$ 18,554.24$ 24,287.18$ 24,287.18$ 18,408.02$ 22,651.22$ 23.05% Sales -Multifamily 8,960.96$ 8,705.99$ 22,004.53$ 22,004.53$ 8,759.96$ 29,147.31$ 232.73% Fire Protection 174,308.03$ 176,520.83$ 103,974.51$ 177,204.51$ 170,130.00$ 170,244.00$ 0.07% Other Water Revs. 3,458.82$ 11,935.68$ 48,530.21$ 48,790.07$ 1,850.00$ 1,850.00$ 0.00% Subtotal - Water 525,682.80$ 537,649.45$ 497,947.57$ 571,437.43$ 524,990.02$ 525,020.23$ 0.01% Subtotal Rev 1,871,859.61$ 1,530,457.10$ 1,377,325.96$ 1,453,497.78$ 1,440,739.75$ 1,445,787.38$ 0.35% Proceeds from Borrowing - After 2025 will be in CIP Budget not Utility Budget5,587,247.56$ - $ -$ -$ 150,000.00$ -$ -100.00% Proceeds From Fund Balance -$ -$ -$ 34,548.32$ -$ 3,753.42$ TOTAL REVENUES 7,459,107.17$ 1,530,457.10$ 1,377,325.96$ 1,488,046.10$ 1,590,739.75$ 1,449,540.80$ -8.88% VILLAGE OF MARATHON CITY WATER & WASTE WATER UTILITY 2026 PROPOSED BUDGET - With 5.5% Waste Water Rate Increase Prepared by Steven Cherek 10/17/2025 Page 1 ACTUAL ACTUAL As Of 10/16/2025PROJECTED ADOPTED PROPOSEDYOY Percent EXPENDITURES 2023 EXPENSES2024 EXPENSES2025 EXPENSESYear End 20252025 EXPENSES2026 REVENUESChange WASTE WATER Board Salaries & Expense 1,375.00$ 1,225.00$ 681.67$ 943.15$ 1,746.88$ 1,746.88$ 0.00% Employee Wages & Salaries 134,521.91$ 122,991.66$ 107,004.28$ 150,776.13$ 150,991.28$ 161,556.35$ 7.00% Employee Benefits 49,943.04$ 45,353.04$ 39,229.67$ 49,034.37$ 51,743.33$ 50,548.78$ -2.31% Maintenance & Operations 136,571.11$ 122,441.19$ 96,758.00$ 113,406.38$ 132,950.00$ 126,563.00$ -4.80% Admin. & Insurance Expense 22,223.08$ 38,730.83$ 49,786.76$ 55,272.32$ 37,675.00$ 43,135.00$ 14.49% Debt Service Fund Transfer 99,712.44$ 163,479.05$ 471,198.28$ 551,882.60$ 554,591.48$ 582,077.61$ 4.96% Capital Project Fund Transfer 5,387,691.83$ 13,229.98$ -$ -$ -$ -$ Subtotal - Sewer 5,832,038.41$ 507,450.75$ 764,658.66$ 921,314.95$ 929,697.97$ 965,627.62$ 3.86% WATER - Board Salaries & Expense -$ 503.68$ 726.57$ 988.12$ 1,746.88$ 1,746.88$ 0.00% Employee Wages & Salaries 90,037.22$ 98,670.85$ 79,364.44$ 110,085.38$ 106,175.41$ 135,377.89$ 27.50% Employee Benefits 47,670.21$ 42,995.88$ 34,955.70$ 40,626.97$ 40,249.11$ 48,745.41$ 21.11% Plant Maint. & Ops. 94,482.52$ 86,762.13$ 64,343.24$ 78,393.00$ 78,400.00$ 78,900.00$ 0.64% Distribution Maint. & Ops. 28,099.28$ 16,716.42$ 44,545.45$ 53,031.46$ 41,000.00$ 41,000.00$ 0.00% Admin. & Insurance Expense 22,377.10$ 215,415.00$ 31,239.92$ 33,413.57$ 33,850.00$ 30,113.00$ -11.04% Tax Expense 108,000.00$ 100,375.00$ -$ 108,000.00$ 108,000.00$ 108,000.00$ 0.00% Debt Service Fund Transfer 37,964.53$ 26,745.12$ 41,646.57$ 71,394.11$ 71,394.12$ 40,030.00$ -43.93% Capital Project Fund Transfer 339,318.15$ 2,304.84$ 36,558.54$ 70,798.54$ 170,000.00$ -$ -100.00% Subtotal - Water 767,949.01$ 590,488.92$ 333,380.43$ 566,731.15$ 650,815.52$ 483,913.18$ -25.65% Subtotal Expenditures6,599,987.42$ 1,097,939.67$ 1,098,039.09$ 1,488,046.10$ 1,580,513.49$ 1,449,540.80$ -8.29% PROCEEDS to FUND BAL 859,119.75$ 432,517.44$ 279,286.87$ -$ 10,226.26$ -$ -100.00% TOTAL EXPENDITURES 7,459,107.17$ 1,530,457.10$ 1,377,325.96$ 1,488,046.10$ 1,590,739.75$ 1,449,540.80$ -8.88% Transfer to TID2 Fund 303,125.00$ 39,176.43$ 23,173.00$ 15,450.91$ 26,713.49$ 72.89% Transfer to WW Reserve Fund 38,546.00$ -$ 29,960.00$ 38,546.00$ 27,248.00$ -29.31% ENDING FUND BALANCE 1,749,662.00$ 1,281,505.00$ 1,521,615.45$ 1,193,823.69$ 1,237,734.36$ 1,136,108.78$ -8.21% Prepared by Steven Cherek 10/17/2025 Page 2 Appendix C 2026 TID 1 Fund Budget 2026 MARATHON CITY TID #1 Budget 11/12/2025 Page 2 ACTUAL Actual REVENUES AS OF Projected ADOPTED PROPOSED YOY Percent REVENUES 2023 REVENUES 2024 Revenues 9/23/2025 2025 Year End 2025 2026 BUDGET Change 400-00-41110-000-000 TID Levy 714,322.85 $ 730,724.25$ 523,504.46$ 823,822.08$ 878,551.21$ 782,751.64$ -11% 400-00-42000-000-000 Sale of Land - $ 400-00-42360-000-000 Dev Agreement Payment 40,072.15$ - $ SUBTOTAL TAXES 754,395.00$ 730,724.25$ 523,504.46$ 823,822.08$ 878,551.21$ 782,751.64$ -11% 400-00-42200-000-000 Special Assessments - - $ -$ -$ -$ 400-00-42250-000-000 Interest on Special Assessments - - $ -$ -$ -$ SUBTOTAL SPECIAL ASSESSMENTS -$ - $ -$ -$ -$ -$ 400-00-43000-000-000 CDBG GRANT FUNDS 9,004.28$ 9,458.08$ 9,458.08 $ -100% 400-00-43271-000-000 TEA Grant 400-00-43431-000-000 Personal Property AID 57,573.62 $ 57,573.62$ 57,573.62$ 57,573.62$ 0% 400-00-43430-000-000 Computer Aid 4,188.35$ 4,188.35$ 4,188.35$ 4,188.35$ 4,188.35$ 4,188.35$ 0% SUBTOTAL INTERGOVERNMENTAL REVENUES 13,192.63$ 13,646.43$ 61,761.97$ 61,761.97$ 71,220.05$ 61,761.97$ -13% 400-00-48309-000-000 Sale of Property 900.00$ 400-00-49200-000-000 WPS Rebate SUBTOTAL MISC REVENUE 900.00$ - - - - 400-00-49111-000-000 Proceeds from Borrowing 2,805,742.34$ 2,038,791.01$ 318,412.26$ 1,054,529.15$ 1,273,200.79$ - $ -100% SUBTOTAL Proceeds from Borrowing 2,805,742.34$ 2,038,791.01$ 318,412.26$ 1,054,529.15$ 1,273,200.79$ - $ -100% SUBTOTAL REVENUES 3,574,229.97$ 2,783,161.69$ 903,678.69$ 1,940,113.20$ 2,222,972.05$ 844,513.61$ -62% FROM TID RESERVE 349,749.00$ - $ - - 656.85$ 484,018.20$ 73588% TOTAL GENERAL GOVT REVENUES 3,573,330$ 2,783,162$ 903,678.69$ 1,940,113.20$ 2,223,628.90$ 1,328,531.81$ -40% Page 3 ACTUAL ACTUAL EXPS. AS OF PROJECTED ADOPTED PROPOSED YOY Percent EXPENDITURES 2023 EXPENDITURES2024 EXPENDITURES9/23/2025 2025 Year End2025 EXPENDITURES2026 BUDGET Change 400-00-51510-000-210 Audit 1,500.00 $ 8,603.41$ 8,603.41$ 4,350.00$ 6,738.50$ 55% SUBTOTAL AUDIT 1,500.00$ 8,603.41$ 8,603.41$ 4,350.00$ 6,738.50$ 55% 400-00-56300-000-000 TID Creation / Planning - $ 400-00-56310-000-000 TID Consulting - $ 400-00-56315-000-000 TID Grant Applications - $ 400-00-56320-000-000 Plan Commission Meetings - $ 400-00-56330-000-000 Notices / Publications - $ 400-00-56340-000-000 Financial Consulting 5,400 - $ SUBTOTAL TID PLANNING 5,400 - - - - - 400-00-56400-000-000 Administrative Expense 64,940 48,562 150.00$ 38,827.11$ 38,677.11$ 23,650.93$ -39% SUBTOTAL ADMINISTRATIVE EXP 64,940.00$ 48,562.00$ 150.00$ 38,827.11$ 38,677.11$ 23,650.93$ -39% 400-00-56350-000-000 Prinicpal Payment 404,853 508,942 169,834.18$ 683,969.00$ 683,969.00$ 927,513.00$ 36% 400-00-56350-001-000 Interest Payment 101,888 254,287 49,946.91$ 182,182.00$ 182,182.00$ -100% 400-00-56350-000-000 INTEREST ON LT Debt 60,000 400-00-59500-000-000 Refinanancing Principal - - $ 400-00-56100-000-000 TIF Land Acquisition 70,465 14,821 - $ -$ SUBTOTAL DEBT SERVICE 637,205.53$ 778,050.22$ 219,781.09$ 866,151.00$ 866,151.00$ 927,513.00$ 7% 400-00-57000-000-000 Construction Related Expense 2,593,133 1,444,128 208,129.34$ 620,059.18$ 1,209,926.09$ 334,379.38$ -72% 400-00-57100-000-000 Site Preparation 159,000 400-00-57100-120-000 On-Site Inspection Exp. 400-00-57200-000-000 Construction - Water - $ 400-00-57250-000-000 Construction - Sewer 8,975 - $ 400-00-57280-000-000 Construction - Storm Water 1,990 400-00-57290-000-000 Construction - Streets - $ -$ - $ 400-00-57110-000-000 Planning / Engineering 238,819$ 60,889$ 10,087.50$ 50,087.50$ 63,274.70$ - $ -100% 400-00-58110-000-000 MCC Planning Engineering 25,403$ 32,275$ - $ SUBTOTAL CONSTRUCTION 3,027,319.82$ 1,537,292.12$ 218,216.84$ 670,146.68$ 1,273,200.79$ 334,379.38$ -74% 400-00-56410-000-000 Attorney Fees 6,713 $ 16,216$ 3,158$ 5,000$ 10,000$ 5,000.00$ -50% 400-00-56450-000-000 Direct Air to Business 181,250$ 33,334$ 31,250$ 31,250$ 31,250$ 31,250.00$ 0% 400-00-56450-100-000 Downtown Redevelopment Grant 400-00-57120-000-000 Onsite Inspections - $ End of year Audit Adjustment 1,151 $ 1 $ SUBTOTAL - LEGAL AND PROFESSIONAL FEES 189,114$ 49,551$ 34,408$ 36,250$ 41,250$ 36,250.00$ -12% SUBTOTAL EXPENDITURES 3,923,978.97$ 2,414,955.69$ 481,159.01$ 1,619,978.20$ 2,223,628.90$ 1,328,531.81$ -40% TO TID RESERVE - $ 368,206.00$ 422,519.68$ 320,135.00$ - $ -$ TOTAL GENERAL GOVT EXPENDITURES 3,859,038.97$ 2,366,393.69$ 481,009.01$ 1,581,151.09$ 2,184,951.79$ 1,328,531.81$ -39% 11/12/2025 2026 MARATHON CITY TID #1 Budget ACTUAL ACTUAL REVENUES AS OF PROJECTED ADOPTED PROPOSED YOY Percent REVENUES 2023 REVENUES 2024 Revenues 9/23/2025 2025 Year End 2025 EXPENDITURES 2026 BUDGET Change TAXES 754,395.00 $ 730,724.25$ 523,504.46$ 823,822.08$ 878,551.21$ 782,751.64$ -11% SPECIAL ASSESSMENTS - $ -$ -$ -$ -$ -$ INTERGOVERNMETAL REVENUE 13,192.63 $ 13,646.43$ 61,761.97$ 61,761.97$ 71,220.05$ 61,761.97$ -13% MISC REVENUE 900.00 $ - $ -$ -$ -$ -$ PROCEEDS FROM BORROWING 2,805,742.34$ 2,038,791.01$ 318,412.26$ 1,054,529.15$ 1,273,200.79$ - $ -100% FROM TID RESERVE 349,749.00$ - $ -$ -$ 656.85$ 484,018.20$ 73588% TOTAL REVENUE 3,923,978.97 $ 2,783,161.69$ 903,678.69$ 1,940,113.20$ 2,223,628.90$ 1,328,531.81$ -40% ACTUAL ACTUAL EXPS. AS OF PROJECTED ADOPTED PROPOSED YOY Percent EXPENDITURES 2023 EXPENDITURES 2024 EXPENDITURES 9/23/2025 2025 Year End 2025 EXPENDITURES 2026 BUDGET Change AUDIT - $ 1,500.00$ 8,603.41$ 8,603.41$ 4,350.00$ 6,738.50$ 55% TID PLANNING 5,400.00 $ - $ -$ -$ -$ -$ ADMINISTRATIVE EXPENSE 64,940.00 $ 48,562.00$ 150.00$ 38,827.11$ 38,677.11$ 23,650.93$ -39% DEBT SERVICE 637,205.53 $ 778,050.22$ 219,781.09$ 866,151.00$ 866,151.00$ 927,513.00$ 7% CONSTRUCTION 3,027,319.82 $ 1,537,292.12$ 218,216.84$ 670,146.68$ 1,273,200.79$ 334,379.38$ -74% LEGAL & TIF Grant Payments 189,113.62 $ 49,551.35$ 34,407.67$ 36,250.00$ 41,250.00$ 36,250.00$ -12% TO TID RESERVE - $ 368,206.00$ 422,519.68$ 320,135.00$ -$ -$ TO GENERAL FUND - $ TOTAL EXPENDITURES 3,923,978.97 $ 2,414,955.69$ 903,678.69$ 1,940,113.20$ 2,223,628.90$ 1,328,531.81$ -40% TID Reserve Fund 12/31/2022: $170,078 -$179,671.00 $188,535.00 $611,054.68 $508,670.00 187,878$ $24,651.80 -87% Appendix D 2026 TID 2 Fund Budget 2026 MARATHON CITY TID #2 Budget 10/1/2025 Page 2 ACTUAL ACTUAL REVENUES AS OF PROJECTED ADOPTED PROPOSED YOY Percent REVENUES 2023 REVENUES 2024 REVENUES Sept. 20, 2024 2025 REVENUES 2025 BUDGET 2026 BUDGET Change 401-00-41100-000-000 Property Tax - TID 2 61,044.75$ 402-00-41110-000-000 Property Tax - TID 2 65,289.00$ 122,858.54$ 56,877.42$ 89,506.17$ 95,403.75$ 94,732.14$ -0.70% 402-00-42000-000-000 Sale of Land - $ 402-00-42360-000-000 Dev Agreement Payment - $ SUBTOTAL TAXES 126,333.75$ 122,858.54$ 56,877.42$ 89,506.17$ 95,403.75$ 94,732.14$ -0.70% 402-00-42200-000-000 Special Assessments - - - - - 402-00-42250-000-000 Interest on Special Assessments - - - - - SUBTOTAL SPECIAL ASSESSMENTS - - - - - - 402-00-43000-000-000 INTERGOVERNMENTAL REVENUES 2,043.86$ 1,589.79$ - $ 1,590.00$ 1,590.00$ 1,590.00$ 0.00% 402-00-43271-000-000 TID #2 - $ 402-00-48100-000-000 TEA GRANT INCOME 402-00-43431-000-000 Personal Property Aid 27,152.12 $ 27,152.12$ 27,152.12$ 27,152.12$ 0.00% 402-00-43430-000-000 Computer Aid SUBTOTAL INTERGOVERNMENTAL REVENUES 2,043.86$ 1,589.79$ 27,152.12$ 28,742.12$ 28,742.12$ 28,742.12$ 0.00% 402-00-48309-000-000 Sale of Property - 402-00-48110-000-000 INTEREST INCOME - 32 SUBTOTAL MISC REVENUE - 32 - - - - SUBTOTAL REVENUES 128,377.61$ 124,480.82$ 84,029.54$ 118,248.29$ 124,145.87$ 123,474.26$ -0.54% FROM TID RESERVE 18,196.00$ 29,864.65$ 78,352.85$ 46,345.99$ 30,901.81$ 53,426.97$ 72.89% TOTAL GENERAL GOVT REVENUES 128,377.61$ 124,480.82$ 84,029.54$ 118,248.29$ 124,145.87$ 176,901.23$ 42.49% Page 3 ACTUAL ACTUAL REVENUES AS OF PROJECTED ADOPTED PROPOSED YOY Percent EXPENDITURES 2023 EXPENDITURES 2024 EXPENDITURES2025 EXPENDITURES2025 REVENUES2025 EXPENDITURES2026 BUDGET Change 402-00-51510-000-210 Audit - $ 1,500.00$ 8,603.40$ - $ 8,603.40$ 6,738.50$ -21.68% SUBTOTAL AUDIT 1,500.00 $ 8,603.40$ - $ 8,603.40$ 6,738.50$ -21.68% 402-00-56100-000-000 Econ & Env Development - $ - $ -$ 402-00-56300-000-000 TID Creation / Planning - $ -$ 402-00-56315-000-000 TID Grant Applications - $ -$ 402-00-56320-000-000 Planning Meetings - $ 402-00-56330-000-000 Notices / Publications - $ 402-00-56350-000-000 Financial Consulting - $ SUBTOTAL TID PLANNING -$ -$ -$ -$ -$ -$ 402-00-56400-000-000 Administrative Expense 9,125.00$ 18,205.00$ 150.00$ 9,819.28$ 9,669.28$ 5,912.73$ -38.85% SUBTOTAL ADMINISTRATIVE EXP 9,125.00$ 18,205.00$ 150.00$ 9,819.28$ 9,669.28$ 5,912.73$ -38.85% 402-00-58310-000-000 Prinicpal Payment 110,000.00$ 110,000.00$ 115,000.00$ 115,000.00$ 20,775.00$ 120,000.00$ 477.62% 402-00-58300-000-000 Interest Payment 27,450.00$ 24,150.00$ 20,775.00$ 20,775.00$ 115,000.00$ 17,250.00$ -85.00% SUBTOTAL DEBT SERVICE 137,450.00$ 134,150.00$ 135,775.00$ 135,775.00$ 135,775.00$ 137,250.00$ 1.09% 402-00-57000-000-000 Construction Related Expense -$ - $ -$ -$ -$ 402-00-57100-000-000 Site Preparation - $ - $ -$ -$ -$ 402-00-57110-000-000 Planning / Engineering -$ - $ -$ -$ -$ 402-00-57120-000-000 On-Site Inspection Expense -$ - $ -$ -$ -$ 402-00-57200-000-000 Construction - Water - $ - $ -$ -$ -$ 402-00-57250-000-000 Construction - Sewer - $ - $ -$ -$ -$ 402-00-57280-000-000 Construction - Storm Water -$ - $ -$ -$ -$ 402-00-57290-000-000 Construction - Streets - $ - $ -$ -$ -$ SUBTOTAL CONSTRUCTION -$ - $ -$ -$ -$ 402-00-51510-210-000 Prof Services - Attorney -$ 490.47$ 17,853.99$ 7,000.00$ 1,000.00$ 2,000.00$ 100.00% 402-00-56450-000-000 Direct Aid to Business - $ - $ 12,000.00$ - $ 25,000.00$ End of Year-Adjustment to Match Audit Fund Balance (1.39)$ - $ -$ - $ SUBTOTAL - LEGAL AND PROFESSIONAL FEES (1.39)$ 490.47$ 17,853.99$ 19,000.00$ 1,000.00$ 27,000.00$ 2600.00% SUBTOTAL - EXPENDITURES 146,573.61$ 154,345.47$ 162,382.39$ 164,594.28$ 155,047.68$ 176,901.23$ 14.09% TO TID RESERVE -$ -$ -$ -$ -$ -$ TOTAL GENERAL GOVT EXPENDITURES 137,448.61$ 136,140.47$ 162,232.39$ 154,775.00$ 145,378.40$ 176,901.23$ 21.68% 2026 MARATHON CITY TID #2 Budget 10/1/2025 2025 MARATHON CITY TID #2 ACTUAL ACTUAL REVENUES AS OF PROJECTED ADOPTED PROPOSED YOY Percent REVENUES 2023 REVENUES 2024 REVENUES 2025 EXPENDITURES2025 REVENUES2025 EXPENDITURES2026 BUDGETChange TAXES 126,333.75 $ 122,858.54$ 56,877.42$ 89,506.17$ 95,403.75$ 94,732.14$ -0.70% SPECIAL ASSESSMENTS - $ -$ -$ -$ -$ -$ INTERGOVERNMENTAL REVENUE 2,043.86 $ 1,589.79$ 27,152.12$ 28,742.12$ 28,742.12$ 28,742.12$ 0.00% SUBTOTAL MISC REVENUE - $ 32.49$ -$ -$ -$ -$ FROM TID RESERVE 18,196.00 $ 29,864.65$ 78,352.85$ 46,345.99$ 30,901.81$ 53,426.97$ 72.89% TOTAL REVENUE 146,573.61$ 154,345.47$ 162,382.39$ 164,594.28$ 155,047.68$ 176,901.23$ 14.09% ACTUAL ACTUAL EXPS. AS OF PROJECTED ADOPTED PROPOSED YOY Percent EXPENDITURES 2023 EXPENDITURES 2024 EXPENDITURES2025 EXPENDITURES2025 EXPENDITURES2025 EXPENDITURES2026 BUDGET Change AUDIT - $ 1,500.00$ 8,603.40$ - $ 8,603.40$ 6,738.50$ -21.68% TID PLANNING - $ -$ -$ -$ -$ -$ ADMNISTRATIVE EXPENSE 9,125.00$ 18,205.00$ 150.00$ 9,819.28$ 9,669.28$ 5,912.73$ -38.85% DEBT SERVICE 137,450.00 $ 134,150.00$ 135,775.00$ 135,775.00$ 135,775.00$ 137,250.00$ 1.09% CONSTRUCTION - $ -$ -$ -$ -$ -$ LEGAL AND PROFESSIONAL FEES (1.39) $ 490.47$ 17,853.99$ 19,000.00$ 1,000.00$ 27,000.00$ 2600.00% TO TID RESERVE - $ -$ -$ -$ -$ -$ TOTAL EXPENDITURES 146,573.61$ 154,345.47$ 162,382.39$ 164,594.28$ 155,047.68$ 176,901.23$ 14.09% ''TID Reserve Fund 1/1/2023: -$653,297 -$671,493.00 -$701,357.65 -$779,710.50 -$747,703.64 -$732,259.46 -$801,130.61 9.41% Appendix E 2026 Debt Services Fund Budget 2026 MARATHON CITY Debt Fund Budget PROPOSED REVENUES 2026 BUDGET Transfer From General Fund 357,059.04$ Transfer From Water Utility Fund 40,030.00$ Transfer From Waste Water Utility Fund582,077.61$ Transfer From TID #1 Fund 927,513.00$ Transfer From TID #2 Fund 137,250.00$ TOTAL REVENUE 2,043,929.65$ EXPENDITURES PROPOSED Principal Payment - 1 account 2026 BUDGET General Fund Loans316,157.65$ Fire Truck Loan 40,901.39$ TID 1 loans 927,513.00$ TID 2 loans 137,250.00$ Water Loans 40,030.00$ Waste Water Loans582,077.61$ TOTAL EXPENDITURES 2,043,929.65$ Appendix F 2026 Capital Improvement Fund Budget 2026 MARATHON CITY CIP Fund 10/24/2025 Page 2 REVENUES AS OF Projected ADOPTED PROPOSED REVENUES 9/23/2025 2025 Year End 2025 2026 BUDGET Transfer From General Fund - $ -$ -$ 120,000.00$ Transfer From Water Utility Fund - $ Transfer From Waste Water Utility Fund - $ Transfer From TID #1 Fund Transfer From TID #2 Fund Proceeds from Transfers -$ -$ -$ 120,000.00$ Grants Special Assessments - $ -$ -$ -$ MISC Reve - $ -$ -$ -$ Grant , Donations, MISC Project Rev -$ -$ -$ -$ Interest Earnings 19,591 24,806.76 $ MISC Rev Interest Earnings - 19,591 - 24,807 Proceeds from Borrowing 1,477,813.05 $ 1,477,813.05$ 1,477,813.05$ - $ SUBTOTAL Proceeds from Borrowing1,477,813.05$ 1,477,813.05$ 1,477,813.05$ - $ SUBTOTAL REVENUES 1,477,813.05$ 1,497,404.05$ 1,477,813.05$ 144,806.76$ FROM TID RESERVE - - -$ 649,406.24$ TOTAL GENERAL GOVT REVENUES 1,477,813$ 1,477,813$ 1,477,813$ 120,000$ EXPS. AS OF PROJECTED ADOPTED PROPOSED EXPENDITURES 9/23/2025 2025 Year End 2025 EXPENDITURES 2026 BUDGET Post Office Floor Replacemnt - $ -$ -$ -$ Building & Grounds -$ -$ -$ -$ County Materials Sports - Phase 2 - County Materials Sports - Phase 2 258,952 258,952 258,952 - $ Well #5 - $ Park, Rec & Forestry 258,952 258,952 258,952 - STH 107 Reconstruction 84,500.00 $ 2026 Street Overlays and Serface Treatments 35,500.00 $ Market St -$ -$ -$ -$ Public Works -$ -$ -$ 120,000.00$ -$ -$ Public Safety -$ -$ -$ -$ Water Tower - Maintenance Painting & Repairs -$ 120,000.00$ 120,000.00$ - $ Water Utility -$ 120,000.00$ 120,000.00$ - $ Cured-in-place Pipe lining 674,213.00 $ Sanitary Sewer -$ -$ -$ 674,213.00$ -$ Street Sweeper 370,000 $ 370,000$ Vehicle, Operations & Maintenance (VMO) -$ 370,000$ 370,000$ -$ SUBTOTAL EXPENDITURES 258,952.00$ 748,952.00$ 748,952.00$ 794,213.00$ TO CIP RESERVE 1,218,861.05$ 728,861.05$ 728,861.05$ - $ TOTAL GENERAL GOVT EXPENDITURES 258,952.00$ 748,952.00$ 748,952.00$ 794,213.00$ 2026 MARATHON CITY CIP Fund Summary REVENUES AS OF PROJECTED ADOPTED PROPOSED REVENUES 9/23/2025 2025 Year End 2025 EXPENDITURES 2026 BUDGET Proceeds from Transfers - $ -$ -$ 120,000.00$ Charges for Project - $ -$ -$ -$ Interest Earnings - $ 19,591.00$ - $ 24,806.76$ Proceeds from Borrowing 1,477,813.05 $ 1,477,813.05$ 1,477,813.05$ - $ FROM CIP RESERVE -$ -$ -$ 649,406.24$ TOTAL REVENUE 1,477,813.05 $ 1,497,404.05$ 1,477,813.05$ 794,213.00$ EXPS. AS OF PROJECTED ADOPTED PROPOSED EXPENDITURES 9/23/2025 2025 Year End 2025 EXPENDITURES 2026 BUDGET Building & Grounds - $ -$ -$ -$ Park, Rec & Forestry 258,952.00 $ 258,952.00$ 258,952.00$ - $ Public Works - $ -$ -$ 120,000.00$ Public Safety - $ -$ -$ -$ Water Utility - $ 120,000.00$ 120,000.00$ - $ Sanitary Sewer - $ -$ -$ 674,213.00$ Vehicle, Operations & Maintenance (VMO) -$ 370,000.00$ 370,000.00$ - $ To CIP RESERVE 1,218,861.05 $ 728,861.05$ 728,861.05$ - $ TO GENERAL FUND - $ TOTAL EXPENDITURES 1,477,813.05 $ 1,477,813.05$ 1,477,813.05$ 794,213.00$ CIP Reserve Fund Balance $1,218,861.05 $728,861.05 728,861 $ $79,454.81 Appendix G 2026 Park Fund Budget Description Total Contracted Amounts with CO'sTotal Spent to dateTotal left to pay and Finish Phase 1 A & B Land Sales 1. Sale of East Diamond 249,750 2. Sale of ROW 120,805 3. Sale of West Diamond and Pavillions 4. Sale of Land to St. Matthew's Subtotal 370,555 Donations / Grants 2,974,773 1. Intergovernmental Agreement 45,000 2. 8-27-2024 Donation Pledge 150,000 3. 8-27-2024 donation pledge 150,000 4. Pickelball Donation 24,700 5. Lights, Pickelball, Playground donation 300,000 6. Donation - Lions Club match 11-1 to 1-31 2024 24,375 7. Menzner Playground overage donation to complete 19,329 difference from collected 2,300 Parking Lot Agreement 55,000 Total Funding 4,116,031 A. Predevelopment Activities & Services 1. Design and Engineering Services $ - -$ 2. Parcel A Acquisition - St Matt (21.67 AC) $ - -$ 3. Water Main $ - -$ 4. Sanitary Sewer $ - -$ 5. Storm Water $ - -$ 6. Road & Parking Lot & Sidewalk $ - -$ 2020 to 2022 before Phase 1 A or 1b start 678,663 $678,663.24 -$ -$ -$ Subtotal $ 678,663.24 $678,663.24 -$ -$ B. Phase 1a (August 2 Bid , Contracts & Change Order awarded to date) -$ 2023 Site Prep & Engineering $268,226.60 $268,226.60 1. General Excavation $ - -$ 2. Site Prep $ - -$ 3. Earthwork - PGA , 31 00 00 $ 718,808.23 $718,808.23 -$ 4. Landscaping - G&J Site Solutions , 32 90 00 $ 268,586.27 $268,586.27 -$ 5. Asphalt Paving - American, 32 12 16 $ 166,169.50 $164,507.80 1,661.70$ 6. Athletic Equipment - Peterson, 11 65 00 $ 146,742.96 $146,742.96 -$ Subtotal $ 1,568,533.56 $1,566,871.86 1,661.70$ -$ C. Phase 1b (Rebid Jan 2024, Contracts & Change Order awarded to date) -$ 1. Cast In Place Concrete - Potrykus - 03-30-00 $ 139,147.00 $139,147.00 -$ 2. Masonry (Split Face vs Burnished) - Schelfhout - 04 20 00 $ 134,600.00 $134,600.00 -$ 3. Structural Steel Supply - L&N Metal Works - 05 10 02 $ 1,826.00 $1,826.00 -$ 4. Structural Steel Inlstallation - donation - 37 21 00 $ - -$ 5. Building Works (non-masonry, insulation and roof)-Scherrer con. (06 10 00, 07 21 00, 07 05 00, 09 21 16) $ 285,091.89 $285,091.89 -$ 6. Joint Sealants - Langford Caulking 07 90 00 $ 3,000.00 $3,000.00 -$ 7. Coiling Doors and Grilles - Overhead Door CO of chip, 08 33 00 $ 10,835.00 $10,835.00 -$ 8. Door, Frames, Hardware - Quality Door, 08 10 00 $ 9,750.00 $9,750.00 -$ 9. Vinyl Windows - Celtic Window & Door, 08 53 00 $ 5,400.00 $5,400.00 -$ 10. Flooring - JW Flooring, 09 60 00 $ 5,493.00 $5,493.00 -$ 11. Painting - JW Commercial Painting LLC, 09 90 00 $ 6,750.00 $6,750.00 -$ 12. Building Accessories - Superior, 10 40 00 $ 13,856.00 $13,856.00 -$ 13. Food Service Equipment - Larsons Custom Cab, 11 40 00 $ 3,100.00 $3,100.00 -$ 14. Countertops - KJ Stevens, 12 36 61 $ 4,975.00 $4,975.00 -$ 15. Plumbing - Reigel Plumbing, 22 00 00 $ 79,909.00 $79,909.00 -$ 16. HVAC - Coolsys Commercial , 23 00 00 $ 8,297.00 $8,297.00 -$ 17. Electrical - KNZ - McMillan, 26 00 00 $ 352,800.00 $352,800.00 -$ 18. Fencing & Gates - Patriot Fence, 32 31 00 $ 169,030.00 $169,030.00 -$ Items Sourcewell Direct Purchased, outside of rebid 19. Field Lighting - $475,000 - Muscow Lighting (change in scope) $ 158,000.00 $158,000.00 -$ 20. Scoreboards (3 new) - Xtreme Graphix - Village to Install $ 31,419.00 $31,419.00 -$ 21. WPS - 6/11/2024 agreement $ 9,908.30 $9,908.30 -$ 21. Flag Poles -$ 22. Concrete / Brick - Direct Purchase from County Materials at village contracted bid price 103,942 $103,942.36 -$ 23. Drain Tile by Dugouts - $ 18,000.00 18,000.00$ New Proposed budget # Village Baseball / Softball Park Project - Updated 11/3/2025 and amounts verified with Village Accounting Program numbers -$ Subtotal $ 1,555,129.55 $1,537,129.55 18,000.00$ More MISC Items purchased to complete project, Village Board Approval for additional 24K funding on Feb 2025. Lions Club Donation with Match -$ 1. Bases, Anchors, padded backstop, Ball Field equiptment supplies - Team Sporting Goods, INC, 11 65 00 6,275 $6,275.00 -$ 2. Concession Stand - Sinks, 12 36 61 4,088 $4,088.02 -$ 3. Signs ((900 x 3 ) + (480 * 3) , ?? 0 -$ 4. gras planted - future field 4 & Clean up work, infield fix, 32 90 00 10,217 $10,216.79 -$ 4. portable Mounds - 3 total , 11 65 00 0 -$ 0 -$ 0 -$ Subtotal 20,580 $20,579.81 -$ Phase 1C - Playground Playground - Signed Contract amount 152,169 $152,168.82 -$ -$ E. Misc Project Cost -$ 1. Project Contingency July 24 - was 100K been adjusted as Change orders came in to reflect remaining balance and contracts totals moved with CO $ 4,439.16 $4,439.16 -$ 2. Construstion Management - (Market & Johnson 100K, Vierbicher 40K) $ 158,667.94 $158,667.94 -$ 2a - Porta Poty - Green Valley Septic $ 1,559.08 $1,559.08 -$ 2b - Dumpster $ 2,191.56 $2,191.56 -$ 2c - Attorney fees $ 685.38 $685.38 -$ 3. General Conditions / General Requirements $ - -$ 4. Builders Risk Ins $ 5,169.00 $5,169.00 -$ 5. Testing and Inspections $ 991.25 $991.25 -$ -$ -$ -$ Subtotal $ 173,703.37 $173,703.37 -$ Predevelopment & Phase 1A, B & C Total$4,148,778.35 $4,129,116.65 $19,661.70 $19,661.70 $0.00 $4,116,031.33 $17,029.68 $14,070.11 -$1,647.23 Over Projects Contingency Totals Total Pledged Project Park Funds Park Fund Ending Balance Shortfall amount in 2024 - replaced by approved 2025 GO Bond Outstanding Pledge Concerns replaced with 2025 GO Bond RESOLUTION NO. 2025-11-12A VILLAGE OF MARATHON CITY MARATHON COUNTY, WISCONSIN 2026 SALARIES AND WAGES WHEREAS, it is the duty of the Village Board of Trustees to establish salaries and wages for the employees of the Village of Marathon City; and WHEREAS, the salaries and wages have been incorporated into the 2026 Budget and Tax Levy; and NOW, THEREFORE, BE IT RESOLVED by the President and the Board of Trustees of the Village of Marathon City that the salaries and wages for the employees of the Village of Marathon City as of January 1, 2026 shall be as follows: General Government 2026 Village President $2,500 annually Village Trustee $50 per meeting Commissions and Appointed Boards $50 per meeting Administrator / Treasurer Steven Cherek $102,772.80 annually* Clerk/Deputy Treasurer Cassandra Lang $27.02 per hour** Deputy Clerk/Office Anita Krautkramer $23.03 per hour*** Election Inspector $12.00 per hour Public Safety Chief of Police Tyler Geske $81,536.00 annually Police Sargeant John Lee $30.74 per hour Police Officer Alicia Lang $27.51 per hour Crossing Guard $14.49 per hour Fire Chief Darrin Hall $2,000 Deputy Chief Josh Krautkramer $1,350 Treasurer Luke Jacobson $1,750 Secretary Gabe VanRixel $500 Safety Officer Aaron Martin $600 Captains (6 total) $500 EMS Captain Julie Gertschen $1,350 Public Works Director of Public Works Ken Bloom $42.77 per hour Water Operator Aaron Martin $32.18 per hour Streets Foreman Chris Trice $31.42 per hour DPW Staff Ryan Kage $28.81 per hour Part Time Seasonal - DPW Staff (2) $15.53 per hour Part Time Utility Intern $15.53 per hour * Administrator Salary is allocated to general fund, water utility, waste water utility, TID #1 and TID #2. ** Clerk/ Deputy Treasurer hours split between general fund and utility *** Office Assistant hours split between general fund, utility, and public safety Passed and approved this 12th day of November, 2025. VILLAGE OF MARATHON CITY PRESIDENT AND BOARD OF TRUSTEES By: _______________________________ Kurt Handrick, President ATTEST: ____________________________________ Cassie Lang, Clerk / Deputy Treasurer RESOLUTION NO. U-2025-11-12, VILLAGE OF MARATHON CITY, MARATHON COUNTY, WISCONSIN AUTHORIZING WASTEWATER RATE INCREASES WHEREAS, the Village owns and operates a Wastewater Utility providing wastewater services to the Village of Marathon City; and WHEREAS, the revenues and rate of return for the Wastewater Utility must be sufficient to meet the Clean Water Loan Fund (CWLF) requirements for the term of the loan; and WHEREAS, the revenues and rate of return for the Wastewater Utility must be sufficient to meet the Wastewater Utility portion of the 2025A Series General Obligation Promissory Note requirements for the term of the loan; and WHEREAS, the Wastewater Utility has implemented a stepped rate increase schedule consisting of two increases beginning with the 4th quarter 2025 billing cycle (reflected on the January 1, 2026 bill), and the 4th quarter 2026 billing cycle (reflected on the Januar y 1, 2027 bill); and WHEREAS, an additional rate increase, to be determined during the 2027 budget review, will be required for the 4th quarter 2027 billing cycle (reflected on the January 1, 2028 bill) to meet 2025A Series General Obligation Promissory Note requirements based on the anticipated loan amount. NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: As required by Ordinance 6.2.82, the Village Board of Trustees authorizes: • A 5.5% wastewater rate increase effective for the 4th quarter 2025 billing cycle, to be reflected on the January 1, 2026 bill. • An additional 5.5% wastewater rate increase effective for the 4th quarter 2026 billing cycle, to be reflected on the January 1, 2027 bill. The foregoing Resolution was duly adopted by the Marathon City Village Board of Trustees by a vote of ___ in favor, ___ against and ___ abstained, on this 12 th day of November, 2025. VILLAGE OF MARATHON CITY By: ___________________________________ Kurt Handrick, President ATTEST: ______________________________________ Cassie Lang, Village Clerk RESOLUTION NO. 2025-11-06A VILLAGE OF MARATHON CITY MARTHON COUNTY, WISCONSIN 2026 GENERAL FUND BUDGET & PROPERTY TAX LEVY WHEREAS, pursuant to Section 65.90 of the Wisconsin Statues, “every municipality shall annually, prior to the determination of the sum to be financed in whole or in part by a general property tax…formulate a budget and hold a public hearing thereon”; and WHEREAS, a summary of the proposed 2026 General Fund Budget for the Village of Marathon City and a notice of the place and time of a public hearing on the proposed budget were published as required by law; and WHEREAS, the public hearing on the 2026 General Fund Budget for the Village of Marathon City was held at 6:00 P.M., November 12, 2025; and WHEREAS, the 2026 General Fund Budget for the Village of Marathon City is attached hereto and includes general fund summary, the projected revenues, including the general property tax levy, the projected expenditures and the general obligation debt summary. NOW, THEREFORE, BE IT RESOLVED by the President and the Board of Trustees of the Village of Marathon City that: Section 1: The 2026 General Fund Budget for the Village of Marathon City is hereby adopted and approved with the total projected revenues of $1,934,699.46, total projected expenditures of 1,934,699.46 with $1,850.25 projected contribution to the general fund reserve. There is projected to be an available general fund balance, including reserves for working cash and for future capital purchases, totaling $894,884.22 as of December 31, 2026 year end. Section 2: There is hereby levied local property taxes of $948,381.00 for general purposes as set in the Village budget, equaling $4.58 per thousand dollars of property value as returned by the Village’s assessor in the year 2025. Section 3: The Village Clerk / Administrator is authorized and directed to spread this property tax levy upon the current tax roll of the Village of Marathon City. Passed and approved this 12st day of November, 2025. VILLAGE OF MARATHON CITY PRESIDENT AND BOARD OF TRUSTEES By: __________________________________________ Kurt Handrick, President ATTEST: ____________________________________ Cassie Lang, Clerk / Deputy Treasurer