2026 Budget Overview

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