Village Board — Agenda Packet

October 13, 2026 Village of Jackson - Village Board Meeting Agenda VILLAGE OF JACKSON VILLAGE BOARD MEETING AGENDA Tuesday, October 13, 2026 at 7:30 PM (Or immediately following Budget and Finance Committee meeting) Jackson Municipal Complex Village Board Room N168W19851 Main Street Jackson, WI 53037 1. Call to Order and Roll Call 2. Pledge of Allegiance 3. Presentations a. Presentation and Discussion - Review of 2027 Draft Budget, with Possible Discussion and Action b. 2026 Financial Management Plan Workshop #2 - TID and Utilities Forecasting — Ehlers Financial Advisors, with Possible Discussion and Action 4. Village Citizen Comment on an Agenda Item (Please sign in with the Clerk prior to speaking. Please note this is a business meeting, not a public hearing. People wishing to speak on an item on the agenda should present their comments under this agenda item. Each commenter will be limited to a total of 2 minutes.) 5. Consent Agenda a. Approval of Minutes for the Village Board Meeting of September 8, 2026 b. Approval of Lucida, Audit Engagement Letter, for the Fiscal Year Ending December 31, 2026 c. Approval of First Amendment to the Indefeasible Right of Use Agreement between Midwest Fiber Networks, LLC and the Village of Jackson d. Resolution #26-31 - Resolution Updating Financial Policies of an Existing Investment Policy, Purchasing Authority Policy, Fund Balance Policy, Debt Limit Policy, and Adding a Capital Asset Policy e. Resolution #26-32 - Resolution Requesting Participation in and County Assistance Through the Washington County Shared Services Grant Program for Countywide Fire/Emergency Medical Services (EMS) 6. Budget and Finance Committee a. Pay Request #4 – 2026 Street Improvement Projects - Eagle Drive, Hawthorn Drive, Aspen Drive, and Linden Drive - Vinton Construction in the amount of $1,120,124.61 7. Personnel Committee a. Proposed Amendments to the Employee Handbook Chapter 3 - Classification and Compensation b. Proposed Summer Hours May through September 2027 - One year Trial c. Proposed Public Works Service Coordinator Job Description Page 1 of 139 October 13, 2026 Village of Jackson - Village Board Meeting Agenda 8. West Bend School District Report 9. Washington County Board Report 10. Greater Jackson Business Alliance Report 11. Mid-Moraine Municipal Association Report 12. Closed Session Pursuant to Wis. Stats. §19.85(1)(e) “deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session.” and (c) "considering employment, promotion, compensation or performance evaluation data of any public employee over which the governmental body has jurisdiction or exercises responsibility." The closed session is for the following purposes: a. TID 6 Development Agreement b. West Bend School District Development Agreement c. Oaks of Jackson First Amendment to Development Agreement d. Review of the Proposed 2027 Compensation Plan 13. Reconvene in Open Session with Possible Action Related to the Subject of the Preceding Closed Session 14. Adjourn Persons with disabilities requiring special accommodations for attendance at the meeting should contact the Administration Department at the Jackson Municipal Complex at least one (1) business day prior to the meeting. It is possible that members of the Village Board may attend the above meeting. No action will be taken by any governmental body at this meeting other than the governmental body specifically referred to in this meeting notice. This notice is given so that members of the Village Board may attend the meeting without violating the open meeting law. Page 2 of 139 Taking the lead in Washington County. MEMO TO: Brian Heckendorf, Village President; Village Board of Trustees FROM: Jen Heidtke, Village Administrator RE: Review #2 of Draft 2027 Budget MEETING DATE: October 13, 2026 At the August Village Board meeting, a first review of the 2027 Draft Budget occurred in concert with the Financial Management Plan Workshop #1. The result of the presentations was Village Board direction to Staff to prepare a revised budget demonstrating a 0% tax bill impact and a 3% tax bill impact, with the difference being the level of funding the Board approves to be allocated to the Capital Projects reliant upon cash funding in 2027. As detailed in the presentation materials for the Financial Management Plan, a 0% tax bill impact would include a Capital Projects levy of $199,947. A 3% tax bill impact would include a Capital Project levy of $404,941. The budget book attached will have a Capital Projects levy amount added after the Board chooses an allowable tax bill impact. A 2027 tax levy decrease in the amount of $83,003 is a larger decrease than the prior draft budget. The primary reason for this decrease in levy is increased non-levy revenues such as General Transportation Aid and the Washington County EMS System funding. There were also reductions in other revenues paired with increases to operational expenses such as the additional firefighter/paramedic position as well as market rate adjustments. Those market rate adjustments are pending a second review by the Personnel Committee on Monday, October 12, and approval of the 2027 Compensation Study by the Board on October 13. Tax Levy Summary – 2027 Proposed Budget as of 10/9/2026 Budget ‘26 Budget ‘27 Change GENERAL 4,640,296 4,760,882 120,586 DEBT SERVICE 1,754,776 1,872,291 117,515 CAPITAL PROJECTS 321,119 0 (321,119) 6,716,191 6,633,173 (83,018) The General Fund levy supports Administration, Police, Public Works, Building Inspection, Emergency Govt. and Village Board functions. Debt Service Fund is supported partially by the property tax levy, as well as transfers of revenues from TIDs, JFD, and Police and Fire Impact Fees. The Recreation Fund and Fire and Rescue Fund are Special Revenue Funds making them partially reliant upon the property tax levy, but majority of operations are funded via department generated revenue. The Hotel/Motel Fund receives Room Tax. Utilities are funded through user fees. The Park Fund receives Park Impact Fees paid for by permits for new homes. N168 W19851 Main Street Jackson, WI 53037 Phone: 262-677-9001 Fax: 262-677-1710 www.villageofjacksonwi.gov Page 3 of 139 Taking the lead in Washington County. Potential Motion: To authorize Staff to prepare a budget summary and notice a public hearing for the November 10, 2026, Village Board meeting. Attachments: 1. General Fund a. 100 Accounts - Administration, Police, Public Works (Streets, Parks, Garbage and Recycling), Building Inspection, Emergency Govt. and Village Board 2. Hotel/Motel a. 150 Accounts – Hotel/Motel 3. Utility Funds – Enterprise Fund a. 200 Accounts – Water Utility b. 300 Accounts – Sewer Utility 4. ARPA Fund a. 450 Accounts - ARPA Projects 5. Recreation Fund – Special Revenue Fund a. 500 Accounts – Recreation 6. Capital Projects and TID Funds a. 600 Accounts – Capital Projects b. 640 Accounts – TID 4 c. 650 Accounts – TID 5 d. 660 Accounts – TID 6 e. 670 Accounts – TID 7 7. Debt Service Fund a. 700 Accounts – Debt Service 8. Park Fund a. 800 Accounts – Park Impact Fee Projects 9. Fire and Rescue Fund – Special Revenue Fund a. 900 Accounts – Fire and Rescue Page 4 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) GENERAL PROPERTY TAXES 100-00-41110-000-000 4,267,404.00$ 4,267,404.02$ 4,640,295.54$ -$ 4,640,295.54$ 4,760,882.02$ 120,586.48$ 3% CHARGEBACK TAXES 100-00-41113-000-000 -$ 497.67$ -$ 54.29$ 54.29$ -$ -$ OMITTED TAXES 100-00-41115-000-000 -$ 2,750.00$ -$ (428.96)$ -$ -$ -$ AG VALUE PENALTY REVENUES 100-00-41120-000-000 -$ 10,425.50$ -$ -$ -$ -$ -$ MOBILE HOME PARKING FEES 100-00-41140-000-000 120,000.00$ 91,080.16$ 90,000.00$ 57,067.73$ 98,400.00$ 90,000.00$ -$ 0% LOTTERY & GAMING CREDIT 100-00-41140-000-001 -$ 30,021.58$ 30,000.00$ 28,801.90$ 28,801.90$ 28,000.00$ (2,000.00)$ -7% TAXES FROM UTILITIES 100-00-41310-000-000 169,000.00$ 231,181.00$ 160,000.00$ -$ 281,000.00$ 195,070.00$ 35,070.00$ 22% INTEREST ON TAXES 100-00-41490-000-000 -$ 177.10$ -$ 892.92$ -$ -$ -$ SHARED TAXES FROM STATE 100-00-42210-000-000 269,223.25$ 477,995.81$ 230,507.89$ -$ 230,507.89$ 235,663.22$ 5,155.33$ 2% STATE PERSONAL PROPERTY AID 100-00-42211-000-000 72,223.68$ 72,223.68$ 92,563.60$ 92,563.60$ 92,563.60$ 64,557.74$ (28,005.86)$ -30% STATE VIDEO SERVICE AID 100-00-42212-000-000 19,431.04$ 19,431.04$ 19,431.01$ -$ 19,431.01$ 19,431.01$ -$ 0% STATE AIDS-EXEMPT COMPUTER 100-00-42215-000-000 20,689.13$ 20,689.13$ 20,689.13$ -$ 20,689.13$ 22,711.25$ 2,022.12$ 10% STATE RECYCLING GRANTS 100-00-42220-000-000 10,583.80$ 10,576.74$ 10,576.74$ 10,576.41$ 10,576.41$ 10,576.41$ (0.33)$ 0% POLICE - STATE AID 100-00-42540-000-000 10,000.00$ 5,698.75$ 10,000.00$ 540.00$ 10,000.00$ 10,000.00$ -$ 0% POLICE - GRANT REVENUE 100-00-42545-000-000 -$ 1,064.48$ -$ 1,049.49$ -$ -$ -$ STATE AID - IN LIEU OF TAXES 100-00-42620-000-000 457.95$ 447.29$ 440.00$ 470.20$ 470.20$ 470.20$ 30.20$ 7% STATE TRANSPORTATION AIDS 100-00-42650-000-000 356,146.94$ 356,146.94$ 409,568.97$ 204,784.48$ 409,568.96$ 471,004.33$ 61,435.36$ 15% SUPPLEMENTAL MUNICIPAL AID 100-00-42655-000-000 208,182.82$ -$ 215,261.92$ -$ 215,261.92$ 219,782.42$ 4,520.50$ 2% LIQUOR LICENSE 100-00-43110-000-000 4,200.00$ 4,332.00$ 4,200.00$ 4,237.00$ 4,237.00$ 4,200.00$ -$ 0% GENERAL - GRANT REVENUES 100-00-43113-000-000 -$ 75,906.20$ -$ 74,000.00$ 74,000.00$ 159,016.00$ 159,016.00$ HOTEL / MOTEL LICENSE 100-00-43115-000-000 286.00$ 286.00$ 300.00$ 293.00$ 300.00$ 300.00$ -$ 0% OPERATORS LICENSE 100-00-43120-000-000 3,000.00$ 2,607.00$ 2,800.00$ 1,964.00$ 2,200.00$ 2,200.00$ (600.00)$ -21% CIGARETTE LICENSE 100-00-43160-000-000 434.00$ 441.00$ 455.00$ 376.00$ 441.00$ 440.00$ (15.00)$ -3% VIDEO FRANCHISE FEES 100-00-43210-000-000 68,000.00$ 60,402.78$ 68,000.00$ 13,847.02$ 53,948.00$ 50,000.00$ (18,000.00)$ -26% DOG LICENSE 100-00-43320-000-000 4,250.00$ 5,945.00$ 4,250.00$ 4,320.00$ 5,000.00$ 4,250.00$ -$ 0% CAT LICENSE 100-00-43330-000-000 500.00$ 710.00$ 500.00$ 612.00$ 650.00$ 500.00$ -$ 0% GENERAL - OTHER LICENSES 100-00-43500-000-000 1,500.00$ 3,830.00$ 1,500.00$ 1,636.00$ 2,100.00$ 1,500.00$ -$ 0% BLDG INSP - PERMITS 100-00-43510-000-000 275,000.00$ 295,474.46 $ 200,000.00 $ 156,593.75$ 230,000.00$ 200,000.00$ -$ 0% BLDG INSP - WI INSPECT SEALS 100-00-43512-000-000 1,750.00$ 3,510.00$ 1,800.00$ 1,030.00$ 1,800.00$ 1,500.00$ (300.00)$ -17% BLDG INSP - ADDRESS/FIRE # 100-00-43520-000-000 2,000.00$ 3,449.00$ 2,000.00$ 1,235.00$ 1,200.00$ 2,000.00$ -$ 0% BLDG INSP - EROSION PERMITS 100-00-43540-000-000 5,000.00$ 13,260.00$ 5,000.00$ 6,200.00$ 8,000.00$ 5,000.00$ -$ 0% BLDG INSP - CONTRACT SERVICES 100-00-43545-000-000 29,302.07$ - $ 35,456.32$ -$ 1,376.00$ -$ (35,456.32)$ -100% PUBLICATION FEES 100-00-43550-000-000 170.00$ 6.68$ 200.00$ 88.00$ 88.00$ 77.00$ (123.00)$ -62% 1 Page 5 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) POLICE - STATE RECYCLING GRANT 100-00-43690-000-000 -$ -$ -$ -$ -$ -$ POLICE - COURT PENALTIES 100-00-44100-000-000 55,000.00$ 28,386.87$ 42,558.00$ 9,291.36$ 42,558.00$ 42,558.00$ -$ 0% POLICE - SALE OF PROPERTY 100-00-44151-000-000 4,000.00$ 338.99$ 2,000.00$ -$ 2,000.00$ 2,000.00$ -$ 0% POLICE - ACCIDENT REPORTS 100-00-44152-000-000 250.00$ 323.77$ 300.00$ 290.15$ 500.00$ 500.00$ 200.00$ 67% POLICE - OWI TESTS/FINGERPRINT 100-00-44153-000-000 2,500.00$ 1,811.52$ 2,500.00$ 972.50$ 2,500.00$ 2,500.00$ -$ 0% POLICE - PARKING FINES 100-00-44200-000-000 4,500.00$ 2,487.00$ 4,500.00$ 4,613.00$ 5,000.00$ 10,000.00$ 5,500.00$ 122% POLICE - DONATIONS 100-00-44600-000-000 -$ 11,086.68$ -$ 8,534.25$ -$ -$ -$ POLICE - K-9 DONATIONS 100-00-44600-100-000 -$ 9,446.88$ -$ 1,550.00$ -$ -$ -$ POLICE - WARRANT FEES 100-00-44700-000-000 200.00$ (941.00)$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% POLICE - DVDS 100-00-44800-000-000 100.00$ 204.32$ 100.00$ -$ 100.00$ 100.00$ -$ 0% FD & PD FUNDRAISER 100-00-44940-000-000 -$ -$ -$ 500.00$ -$ -$ -$ POLICE - MISCELLANEOUS REVENUE 100-00-44950-000-000 -$ 30.00$ -$ -$ -$ -$ -$ GENERAL - ADMIN FEES 100-00-45110-000-000 5,000.00$ 13,650.33$ 10,608.00$ 8,948.00$ 10,000.00$ 10,000.00$ (608.00)$ -6% PUBLIC WORKS REVENUE 100-00-45410-000-000 100.00$ 23.00$ -$ -$ -$ -$ -$ RECYCLING REVENUE 100-00-45430-000-000 -$ 2,849.26$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% PARKS - DOG PARK DONATIONS 100-00-45640-000-000 -$ 40,000.00$ -$ -$ -$ STREET OPENING PERMITS 100-00-45720-000-000 1,000.00$ 5,700.00$ 2,000.00$ 26,500.00$ 27,000.00$ 7,500.00$ 5,500.00$ 275% PLANNING / ZONING FEES 100-00-45730-000-000 3,500.00$ 3,975.00$ 2,000.00$ 2,900.00$ 3,200.00$ 2,000.00$ -$ 0% NSF CHARGES 100-00-45790-000-000 400.00$ 40.00$ -$ 80.00$ 80.00$ -$ -$ SPECIAL ASSESSMENTS 100-00-46100-000-000 -$ 11,816.13$ -$ 4,279.78$ 4,279.78$ -$ -$ AURORA HEALTH CARE PAYMENT 100-00-46850-000-000 30,000.00$ 25,179.84 $ 22,500.00 $ 25,918.13$ 25,918.13$ 25,000.00$ 2,500.00$ 11% INTEREST ON TEMP INVESTMENTS 100-00-48110-000-000 38,316.60$ 281,490.61$ 50,000.00$ 106,253.47$ 196,253.47$ 50,000.00$ -$ 0% INSURANCE DIVIDENDS 100-00-48400-000-000 7,000.00$ 33,901.00$ 25,500.00$ 28,161.00$ 28,161.00$ 25,500.00$ -$ 0% VERIZON LEASE 100-00-48601-000-000 29,284.99$ 29,284.99$ 29,284.99$ 29,284.99$ 29,284.99$ 32,213.49$ 2,928.50$ 10% U.S. CELLULAR LEASE 100-00-48602-000-000 39,952.46$ 40,493.72$ 40,493.72$ 40,493.72$ 40,493.72$ 40,493.72$ -$ 0% MISCELLANEOUS REVENUES 100-00-48900-000-000 -$ (1,356.59)$ -$ 249.99$ 249.99$ -$ -$ FUND BALANCE APPLIED 100-00-49000-000-000 140,000.00$ -$ -$ -$ -$ -$ LEASE PROCEEDS 100-00-49998-000-000 -$ 49,977.20$ -$ -$ -$ -$ -$ GENERAL FUND - REVENUES 6,279,838.73$ 6,618,170.53$ 6,492,140.83$ 1,001,624.17$ 6,862,539.93$ 6,811,496.81$ 319,355.98$ 5% 2 Page 6 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) VILLAGE BOARD - WAGES 100-00-51100-110-000 31,450.00$ 31,450.00 $ 37,000.00 $ -$ 37,000.00$ 37,000.00$ -$ 0% APPOINTED COMMITTEE - WAGES 100-00-51100-110-111 4,000.00$ 2,790.00$ 3,500.00$ -$ 2,800.00$ 3,500.00$ -$ 0% VILLAGE BOARD - WRS 100-00-51100-130-000 650.00$ 637.93$ 740.00$ -$ 246.67$ -$ (740.00)$ -100% APPOINTED COMMITTEE - WRS 100-00-51100-130-111 100.00$ 450.00$ -$ -$ -$ -$ -$ VILLAGE BOARD - SOC SEC 100-00-51100-135-000 1,949.90$ 1,949.90$ 2,294.00$ -$ 2,294.00$ 2,294.00$ -$ 0% APPOINTED COMMITTEE - SOC SEC 100-00-51100-135-111 248.00$ 200.88$ 198.40$ -$ 173.60$ 217.00$ 18.60$ 9% VILLAGE BOARD - MEDICARE 100-00-51100-140-000 456.03$ 456.06$ 536.50$ -$ 536.50$ 536.50$ -$ 0% APPOINTED COMMITTEE - MEDICARE 100-00-51100-140-111 58.00$ 47.10$ 46.40$ -$ 40.60$ 50.75$ 4.35$ 9% VILLAGE BOARD-OFFICE EXPENSES 100-00-51100-310-000 500.00$ 109.99$ 500.00$ 86.99$ 500.00$ 500.00$ -$ 0% VILLAGE BOARD-EDUC/TRAVEL/DUES 100-00-51100-340-000 6,000.00$ 5,623.45$ 6,200.00$ 5,516.17$ 6,500.00$ 6,500.00$ 300.00$ 5% ADMIN - PROFESSIONAL SERVICES 100-00-51300-310-000 65,000.00$ 27,111.01 $ 65,000.00 $ 28,844.63$ 56,000.00$ 65,000.00$ -$ 0% ADMIN - DOG LICENSE 100-00-51320-000-000 2,200.00 $ 1,844.00$ 2,200.00$ -$ 2,200.00$ 2,200.00$ -$ 0% ADMIN - CAT LICENSE 100-00-51330-000-000 100.00$ 114.65$ 100.00$ -$ 150.00$ 150.00$ 50.00$ 50% ADMINISTRATIVE WAGES 100-00-51410-110-001 105,400.00$ 105,786.92$ 102,175.98$ 51,133.78$ 102,175.98$ 98,000.00$ (4,175.98)$ -4% TREASURER DEPARTMENT WAGES 100-00-51410-110-002 108,122.44$ 105,042.43$ 123,441.34$ 63,450.72$ 123,441.34$ 123,442.56$ 1.22$ 0% CLERK DEPARTMENT WAGES 100-00-51410-110-003 105,230.77$ 112,380.36$ 90,344.74$ 42,809.71$ 90,344.74$ 131,440.40$ 41,095.66$ 45% ADMISTRATIVE - HEALTH & LIFE 100-00-51410-125-001 10,319.16$ 9,248.32$ 10,171.82$ 5,259.50$ 10,171.82$ 9,708.05$ (463.77)$ -5% TREASURER DEPT - HEALTH & LIFE 100-00-51410-125-002 30,252.66$ 27,565.44$ 47,759.56$ 18,160.02$ 47,759.56$ 28,221.74$ (19,537.82)$ -41% CLERK DEPT - HEALTH & LIFE 100-00-51410-125-003 49,103.16$ 54,432.84$ 40,105.32$ 15,336.30$ 40,105.32$ 34,927.92$ (5,177.40)$ -13% ADMINISTRATIVE - WRS 100-00-51410-130-001 8,618.00$ 8,768.06$ 8,736.05$ 4,360.49$ 8,736.05$ 8,120.00$ (616.05)$ -7% TREASURER DEPT - WRS 100-00-51410-130-002 5,689.73$ 5,779.85$ 8,887.78$ 4,390.22$ 8,887.78$ 8,949.59$ 61.81$ 1% CLERK DEPT - WRS 100-00-51410-130-003 7,479.82$ 8,394.87$ 6,504.82$ 3,290.06$ 6,504.82$ 9,529.43$ 3,024.61$ 46% ADMINISTRATIVE -SOC SECURITY 100-00-51410-135-001 7,688.00$ 8,080.54$ 7,522.71$ 3,703.42$ 7,522.71$ 6,944.00$ (578.71)$ -8% TREASURER DEPT-SOCIAL SECURITY 100-00-51410-135-002 6,426.30$ 6,196.27$ 7,653.36$ 3,763.75$ 7,653.36$ 7,653.44$ 0.08$ 0% CLERK DEPT - SOCIAL SECURITY 100-00-51410-135-003 6,672.65$ 5,676.55$ 5,601.37$ 2,573.07$ 5,601.37$ 8,149.30$ 2,547.93$ 45% ADMINISTRATIVE - MEDICARE 100-00-51410-140-001 1,798.00$ 1,889.80$ 1,759.34$ 866.13$ 1,759.34$ 1,624.00$ (135.34)$ -8% TREASURER DEPT - MEDICARE 100-00-51410-140-002 1,502.93$ 1,449.11$ 1,789.90$ 880.23$ 1,789.90$ 1,789.92$ 0.02$ 0% CLERK DEPT - MEDICARE 100-00-51410-140-003 1,560.54$ 1,327.58$ 1,310.00$ 601.78$ 1,310.00$ 1,905.89$ 595.89$ 45% ADMINISTRATIVE- MEDICAL REIMB 100-00-51410-145-001 -$ -$ -$ -$ -$ -$ TREASURER DEPT - MEDICAL REIMB 100-00-51410-145-002 550.00$ 500.61$ 850.00$ 426.16$ 850.00$ 400.00$ (450.00)$ -53% CLERK DEPT - MEDICAL REIMB 100-00-51410-145-003 900.00$ 992.94$ 720.00$ 249.99$ 720.00$ 500.00$ (220.00)$ -31% ADMIN - OFFICE SUPPLIES 100-00-51410-315-000 2,000.00$ 1,371.44$ 2,000.00$ 824.21$ 2,000.00$ 2,000.00$ -$ 0% ADMIN - PRINTING / PUBLISHING 100-00-51410-325-000 8,250.00$ 6,187.58$ 9,250.00$ 6,984.26$ 10,000.00$ 9,250.00$ -$ 0% ADMIN - TELEPHONE / INTERNET 100-00-51410-330-000 3,000.00$ 2,916.63$ 3,000.00$ 2,217.02$ 3,400.00$ 3,000.00$ -$ 0% ADMIN - POSTAGE 100-00-51410-335-000 2,700.00$ 4,323.32$ 2,900.00$ 2,358.76$ 2,900.00$ 3,200.00$ 300.00$ 10% ADMINISTRATOR-EDUC/TRAVEL/DUES 100-00-51410-340-001 5,000.00$ 3,150.18$ 5,100.00$ 1,690.69$ 3,000.00$ 5,100.00$ -$ 0% TREASURER - EDUC/TRAVEL/DUES 100-00-51410-340-002 3,500.00$ 1,911.22$ 3,000.00$ 1,000.58$ 2,000.00$ 3,200.00$ 200.00$ 7% CLERK - EDUC/TRAVEL/DUES 100-00-51410-340-003 3,000.00$ 2,193.69$ 3,200.00$ 653.50$ 2,000.00$ 3,200.00$ -$ 0% ADMIN - TASC 100-00-51410-350-000 2,000.00$ 2,615.75$ 2,500.00$ 1,989.68$ 2,500.00$ 2,500.00$ -$ 0% ADMIN - COPIER/SHREDDER 100-00-51410-400-000 2,800.00$ 3,047.08$ 3,000.00$ 1,723.10$ 3,000.00$ 3,000.00$ -$ 0% ADMIN - COMPUTER SOFTWARE 100-00-51410-402-000 25,000.00$ 27,834.77 $ 28,000.00 $ 27,807.99$ 30,000.00$ 30,000.00$ 2,000.00$ 7% MOBILE HOME PARKING FEES 100-00-51410-530-000 40,000.00$ 37,756.60$ -$ 17,396.55$ 17,396.55$ 18,000.00$ 18,000.00$ 3% 3 Page 7 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) ADMIN - ELECTION - WAGES 100-00-51440-110-000 26,337.38$ 14,020.49 $ 58,254.06 $ 8,216.80$ 40,000.00$ 23,216.50$ (35,037.56)$ -60% ADMIN - ELECTION - HEALTH/LIFE 100-00-51440-125-000 -$ -$ 15,596.52$ -$ -$ (15,596.52)$ -100% ADMIN - ELECTION - WRS 100-00-51440-130-000 -$ -$ 2,616.05$ -$ -$ 1,149.60$ (1,466.45)$ -56% ADMIN - ELECTION- SOC SECURITY 100-00-51440-135-000 930.00$ 782.38$ 3,611.75$ 480.73$ 2,480.00$ 1,439.42$ (2,172.33)$ -60% ADMIN - ELECTION - MEDICARE 100-00-51440-140-000 217.50$ 183.01$ 844.68$ 112.47$ 580.00$ 336.64$ (508.04)$ -60% ADMIN - ELECTION - MED REIMBUR 100-00-51440-145-000 -$ -$ 280.00$ -$ -$ (280.00)$ -100% ADMIN - ELECTION POSTAGE 100-00-51440-301-000 4,000.00$ 1,050.04$ 5,000.00$ 1,114.83$ 3,500.00$ 4,000.00$ (1,000.00)$ -20% ADMIN - ELECTION SUPPLIES 100-00-51440-305-000 5,000.00$ 2,834.20$ 5,000.00$ 585.64$ 4,000.00$ 4,000.00$ (1,000.00)$ -20% ADMIN - ELECTION MEALS 100-00-51440-310-000 1,000.00$ 466.34$ 1,800.00$ 250.00$ 1,500.00$ 1,800.00$ -$ 0% ADMIN - ELECTION LEGAL ADS 100-00-51440-315-000 1,000.00$ 194.93$ 1,000.00$ 52.00$ 500.00$ 1,000.00$ -$ 0% ADMIN - AUDIT / ACCOUNTING 100-00-51510-310-000 30,000.00$ 31,966.00$ 30,000.00$ 15,925.00$ 30,000.00$ 44,100.00$ 14,100.00$ 47% ADMIN - ASSESSMENT SERVICES 100-00-51530-310-000 40,000.00$ 36,600.00 $ 40,000.00 $ 23,295.03$ 40,000.00$ 42,950.00$ 2,950.00$ 7% ADMIN - COMPUTER EQUIPMENT 100-00-51540-311-000 7,000.00$ 1,960.98$ 7,000.00$ 4,352.96$ 7,000.00$ 7,000.00$ -$ 0% ADMIN - WEB SITE 100-00-51540-315-000 4,500.00$ 42.16$ 4,500.00$ 7,666.76$ 7,666.76$ 6,941.75$ 2,441.75$ 54% ADMIN - EMPLOYEE APPRECIATION 100-00-51610-310-000 2,000.00$ 321.59$ 2,000.00$ -$ 750.00$ 2,000.00$ -$ 0% ADMIN - BUILIDING MAINTENANCE 100-00-51610-320-000 7,300.00$ 5,082.94$ 7,300.00$ 1,715.87$ 7,300.00$ 7,500.00$ 200.00$ 3% ADMIN - VEHICLE LEASE/MAINT 100-00-51610-321-000 4,000.00$ 6,570.12$ 4,000.00$ 1,642.50$ 4,000.00$ 4,000.00$ -$ 0% ADMIN - JANITORIAL 100-00-51610-325-000 12,000.00$ 6,878.40 $ 12,000.00 $ 6,038.50$ 10,000.00$ 12,000.00$ -$ 0% ADMIN - PHONE SYS MAINT 100-00-51610-330-000 1,000.00$ -$ 1,000.00$ -$ 778.00$ 1,000.00$ -$ 0% ADMIN - WATER/SEWER 100-00-51610-331-000 1,300.00$ 586.13$ 1,300.00$ 167.93$ 1,100.00$ 1,339.00$ 39.00$ 3% ADMIN - ELECTRIC/GAS 100-00-51610-333-000 17,000.00$ 11,804.20$ 17,000.00$ 5,956.83$ 15,000.00$ 17,500.00$ 500.00$ 3% ADMIN - COMPUTER SRVS 100-00-51610-334-000 24,500.00$ 21,657.53 $ 24,500.00 $ 15,469.00$ 22,000.00$ 25,000.00$ 500.00$ 2% ADMIN - NW BUSINESS PARK SIGN 100-00-51807-000-000 1,700.00$ 1,143.26$ 1,700.00$ 510.85$ 1,700.00$ 1,750.00$ 50.00$ 3% ADMIN - PROP & LIABILITY INSUR 100-00-51940-350-000 58,000.00$ 58,867.78 $ 58,000.00 $ 62,008.98$ 62,008.98$ 65,000.00$ 7,000.00$ 12% ADMIN - SALES TAX PAID 100-00-51998-000-000 200.00$ 112.70$ 200.00$ 53.54$ 225.00$ 200.00$ -$ 0% CONTINGENCY 100-00-51999-900-000 140,000.00$ -$ -$ -$ -$ -$ ADMIN - BANK SERVICE FEES 100-00-51999-905-000 300.00$ 225.10$ -$ 80.00$ 80.00$ -$ -$ 4 Page 8 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) POLICE - PATROL WAGES 100-00-52100-110-000 1,368,070.19$ 1,316,754.99 $ 1,480,975.28 $ 736,262.46 $ 1,485,171.89$ 1,539,017.50 $ 58,042.22 $ 4% POLICE - HEALTH & LIFE INSURAN 100-00-52100-125-000 377,957.42 $ 327,191.83 $ 407,709.87 $ 187,889.17$ 420,278.05$ 387,540.85$ (20,169.02)$ -5% POLICE - WRS 100-00-52100-130-000 197,842.34$ 196,474.16$ 219,805.44$ 109,217.81$ 237,776.02$ 219,779.94$ (25.50)$ 0% POLICE - SOCIAL SECURITY 100-00-52100-135-000 81,720.35$ 76,363.97 $ 92,080.66 $ 43,069.73$ 92,080.66$ 95,419.09$ 3,338.43$ 4% POLICE - MEDICARE 100-00-52100-140-000 19,112.02$ 17,859.22$ 21,534.99$ 10,072.82$ 21,534.99$ 22,315.75$ 780.76$ 4% POLICE - MEDICAL REIMBURSE 100-00-52100-145-000 7,000.00$ 6,319.12$ 7,500.00$ 3,743.12$ 7,500.00$ 7,500.00$ -$ 0% FD & PD FUNDRAISER EXPENSE 100-00-52100-521-000 -$ 29.99$ -$ 12.39$ -$ -$ -$ POLICE ADMIN - ASST WAGES 100-00-52102-110-000 76,219.88$ 67,935.31 $ 78,508.25 $ 35,034.45$ 78,508.25$ 83,726.66$ 5,218.41$ 7% POLICE ADMIN - HEALTH/LIFE 100-00-52102-125-000 27,200.88$ 27,260.57$ 27,909.34$ 13,954.68$ 27,909.34$ 29,161.63$ 1,252.29$ 4% POLICE ADMIN - WRS 100-00-52102-130-000 3,881.13$ 3,888.53$ 4,141.69$ 2,071.16$ 4,141.69$ 4,337.97$ 196.28$ 5% POLICE ADMIN - SOCIAL SECURITY 100-00-52102-135-000 4,725.63$ 3,587.08$ 4,867.51$ 1,760.77$ 4,867.51$ 5,191.05$ 323.54$ 7% POLICE ADMIN - MEDICARE 100-00-52102-140-000 1,105.19$ 838.90$ 1,138.37$ 411.76$ 1,138.37$ 1,214.04$ 75.67$ 7% POLICE ADMIN - MED REIMBURSE 100-00-52102-145-000 500.00$ 509.18$ 500.00$ 249.04$ 500.00$ 500.00$ -$ 0% POLICE CROSSING GUARD - WAGES 100-00-52104-110-000 7,245.00$ 6,351.74$ 7,000.00$ 3,496.85$ 7,000.00$ 7,210.00$ 210.00$ 3% POLICE CROSSING GUARD -SOC SEC 100-00-52104-135-000 449.19$ 397.54$ 434.00$ 216.81$ 434.00$ 447.02$ 13.02$ 3% POLICE CROSSING GUARD-MEDICARE 100-00-52104-140-000 105.05$ 92.99$ 101.50$ 50.72$ 101.50$ 104.55$ 3.05$ 3% POLICE - ATTORNEY FEES 100-00-52110-310-000 7,500.00$ 8,302.50$ 8,500.00$ 2,704.50$ 8,000.00$ 8,000.00$ (500.00)$ -6% POLICE - CRIME PREVENTION 100-00-52110-312-000 1,800.00$ 1,679.12$ 1,800.00$ 1,514.40$ 1,800.00$ 1,800.00$ -$ 0% POLICE - UNIFORMS 100-00-52110-314-000 10,000.00$ 12,620.84$ 10,000.00$ 6,422.24$ 10,000.00$ 8,500.00$ (1,500.00)$ -15% POLICE - EQUIPMENT 100-00-52110-315-000 9,000.00$ 11,074.15$ 9,180.00$ 1,706.00$ 9,180.00$ 9,250.00$ 70.00$ 1% POLICE - COPYING / PRINTING 100-00-52110-317-000 2,500.00$ 2,817.35$ 2,900.00$ 1,704.71$ 2,900.00$ 2,900.00$ -$ 0% POLICE - OFFICE SUPPLIES/POSTG 100-00-52110-318-000 2,250.00$ 1,763.71$ 2,500.00$ 726.12$ 2,500.00$ 2,500.00$ -$ 0% POLICE - ELECTRONICS MAINTENCE 100-00-52110-320-000 3,000.00$ 4,585.00$ 3,500.00$ 2,006.45$ 5,000.00$ 5,000.00$ 1,500.00$ 43% POLICE - FIREARMS / SUPPLIES 100-00-52110-321-000 7,000.00$ 11,002.47$ 7,000.00$ -$ 7,000.00$ 7,000.00$ -$ 0% POLICE - INVESTIGATION/OWI TST 100-00-52110-322-000 3,000.00$ 5,623.71$ 3,500.00$ 909.55$ 3,500.00$ 3,500.00$ -$ 0% POLICE - FLEET LEASE/SETUP 100-00-52110-323-000 59,602.00$ 58,289.53$ 61,390.06$ 29,984.86$ 61,390.00$ 72,663.00$ 11,272.94$ 18% POLICE - OUTLAY 100-00-52110-323-001 -$ 63,319.62$ -$ -$ -$ -$ -$ POLICE - EQUIPMENT MAINTENANCE 100-00-52110-324-000 6,000.00$ 5,929.78$ 6,180.00$ 4,870.57$ 6,180.00$ 6,180.00$ -$ 0% POLICE - VEHICLE MAINTENANCE 100-00-52110-325-000 5,000.00$ 2,372.10$ 5,150.00$ 503.04$ 5,150.00$ 5,150.00$ -$ 0% POLICE - TIRES 100-00-52110-326-000 1,500.00$ 1,860.29$ 1,500.00$ 712.34$ 1,500.00$ 1,500.00$ -$ 0% POLICE - FUEL / LUBRICANTS 100-00-52110-327-000 22,500.00$ 19,058.54$ 25,000.00$ 8,784.36$ 25,000.00$ 25,000.00$ -$ 0% POLICE - COMPUTR EQUIP/SOFTWRE 100-00-52110-328-000 31,000.00$ 37,894.92$ 31,000.00$ 22,192.66$ 31,000.00$ 31,000.00$ -$ 0% POLICE - ANIMAL SERVICES 100-00-52110-329-000 1,462.00$ 1,462.34$ 1,505.00$ 1,395.87$ 1,505.00$ 1,505.00$ -$ 0% POLICE - SYSTEM / SIM CARDS 100-00-52110-330-000 3,000.00$ 3,180.73$ 3,000.00$ 2,358.06$ 3,000.00$ 4,980.00$ 1,980.00$ 66% POLICE - CELL / TELEPHONES 100-00-52110-331-000 3,500.00$ 3,907.61$ 4,000.00$ 2,611.38$ 4,000.00$ 4,000.00$ -$ 0% POLICE - PROPHOENIX SUPPORT 100-00-52110-332-000 4,861.00$ 4,861.53$ 5,006.00$ 5,007.38$ 5,007.00$ 5,250.00$ 244.00$ 5% POLICE - BROADBAND SERVICE 100-00-52110-333-000 900.00$ 875.89$ 950.00$ 507.62$ 950.00$ 950.00$ -$ 0% POLICE - BUILDING MAINTENANCE 100-00-52110-335-000 5,500.00$ 8,535.27$ 7,500.00$ 2,244.59$ 7,500.00$ 7,500.00$ -$ 0% 5 Page 9 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) POLICE - UTILITIES 100-00-52110-336-000 30,000.00$ 28,084.70$ 28,000.00$ 13,882.83$ 28,000.00$ 28,000.00$ -$ 0% POLICE - CLEANING 100-00-52110-338-000 14,000.00$ 13,440.00$ 14,000.00$ 5,954.12$ 14,000.00$ 14,000.00$ -$ 0% POLICE - EDUC / TRAVEL / DUES 100-00-52110-340-000 12,000.00$ 11,022.41 $ 12,500.00 $ 6,910.06$ 12,500.00$ 12,750.00$ 250.00$ 2% POLICE-LEXIPOL ANNUAL MAINTENA 100-00-52110-411-000 10,268.00$ 10,267.24 $ 11,089.00 $ 10,934.61$ 11,089.00$ 11,500.00$ 411.00$ 4% POLICE - DONATIONS 100-00-52110-500-000 -$ 10,712.83$ -$ 734.12$ 857.86$ -$ -$ POLICE - GRANT EXPENSES 100-00-52110-790-000 -$ 18,056.57$ -$ 1,940.15$ 1,940.15$ -$ -$ POLICE - K-9 EXPENSE 100-00-52115-370-000 -$ 9,511.99$ -$ 1,715.34$ 1,715.34$ -$ -$ FIRE DEPT TRANSFER 100-00-52210-300-000 653,340.93$ 653,340.93$ 710,657.22$ 355,328.64$ 710,657.22$ 865,575.00$ 154,917.78$ 22% EMERG GOV - SALARIES/FRINGES 100-00-52375-110-000 1,000.00$ 1,000.00$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% EMERG GOV - EQUIPMENT 100-00-52375-111-000 2,000.00$ 75.00$ 1,500.00$ -$ -$ 1,545.00$ 45.00$ 3% EMERG GOV - GENERATOR MAINT 100-00-52375-116-000 2,000.00$ 1,957.00$ 2,500.00$ -$ -$ 2,575.00$ 75.00$ 3% EMERG GOV - WRS 100-00-52375-130-000 150.10$ -$ 148.00$ -$ 160.10$ 145.40$ (2.60)$ -2% EMER GOV - SOCIAL SECURITY 100-00-52375-135-000 62.00$ -$ 62.00$ -$ 62.00$ 62.00$ -$ 0% EMER GOV - MEDICARE 100-00-52375-140-000 14.50$ -$ 14.50$ -$ 14.50$ 14.50$ -$ 0% BLDG INSP - WAGES 100-00-52410-110-000 184,764.64$ 128,324.51 $ 187,292.89 $ 59,476.83$ 143,091.26$ 184,270.08$ (3,022.81)$ -2% BLDG INSP - HEALTH/LIFE INSUR 100-00-52410-125-000 22,538.84$ 17,927.07$ 22,860.19$ 5,801.55$ 24,361.87$ 12,018.82$ (10,841.37)$ -47% BLDG INSP - WRS 100-00-52410-130-000 11,250.98$ 6,038.50 $ 11,843.37 $ 3,221.66$ 6,264.39$ 7,004.66$ (4,838.71)$ -41% BLDG INSP - SOCIAL SECURITY 100-00-52410-135-000 11,455.41$ 7,781.95 $ 11,612.34 $ 3,604.15$ 8,872.46$ 11,424.74$ (187.60)$ -2% BLDG INSP - MEDICARE 100-00-52410-140-000 2,679.09$ 1,819.93$ 2,715.79$ 842.89$ 1,953.62$ 2,671.92$ (43.87)$ -2% BUILD INSP - MEDICAL REIMBURSE 100-00-52410-145-000 1,000.00$ 498.48$ 1,000.00$ 249.99$ 1,000.00$ $500.00 (500.00)$ -50% BLDG INSP - EQUIPMENT MAINT 100-00-52410-315-000 1,000.00$ 584.60$ 1,000.00$ -$ 300.00$ 1,000.00$ -$ 0% BLDG INSP - FUEL / MILEAGE 100-00-52410-320-000 750.00$ 522.35$ 750.00$ 247.41$ 1,000.00$ 1,000.00$ 250.00$ 33% BLDG INSP - OFFICE SUPP/POST 100-00-52410-325-000 900.00$ 892.01$ 900.00$ 376.98$ 900.00$ 1,000.00$ 100.00$ 11% BLDG INSP - CLOTHING 100-00-52410-330-000 300.00$ -$ 300.00$ 195.25$ 300.00$ 300.00$ -$ 0% BLDG INSP - CONTRACT INSPECT 100-00-52410-335-000 10,000.00$ 1,500.00 $ 10,000.00 $ 2,050.25$ 3,600.00$ 1,500.00$ (8,500.00)$ -85% BLDG INSP - EDUC/TRAVL/DUES 100-00-52410-340-000 2,500.00$ 2,609.28$ 2,500.00$ 1,467.58$ 2,300.00$ 2,500.00$ -$ 0% BLDG INSP - PRINTING 100-00-52410-345-000 1,000.00$ 601.48$ 1,000.00$ 205.81$ 500.00$ 1,250.00$ 250.00$ 25% BLDG INSP - WI PERMIT SEALS 100-00-52410-350-000 1,000.00$ 3,047.75$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% BLDG INSP - ADDRESS/FIRE # 100-00-52410-355-000 1,200.00$ 2,212.41$ 1,200.00$ 1,293.04$ 3,000.00$ 1,200.00$ -$ 0% BLDG INSP - CELL PHONE 100-00-52410-360-000 750.00$ 403.84$ 750.00$ 206.11$ 950.00$ 1,200.00$ 450.00$ 60% BLDG INSP - COMP EQUIP/SOFTWRE 100-00-52410-400-000 4,000.00$ 5,287.02$ 4,000.00$ 1,033.68$ 5,000.00$ 4,000.00$ -$ 0% 6 Page 10 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) ENGINEERING - WAGES 100-00-53200-110-000 39,645.00$ 46,607.56$ 44,621.00$ 15,487.44$ 44,621.00$ 46,852.40$ 2,231.40$ 5% ENGINEERING - HEALTH/LIFE 100-00-53200-125-000 7,744.00$ 9,398.83$ 10,083.25$ 5,897.58$ 10,083.25$ 16,084.26$ 6,001.01$ 60% ENGINEERING - WRS 100-00-53200-130-000 2,755.00$ 3,046.09$ 3,212.71$ 1,102.03$ 3,212.71$ 3,396.80$ 184.09$ 6% ENGINEERING - SOCIAL SECURITY 100-00-53200-135-000 2,458.00$ 2,935.30$ 2,766.50$ 912.78$ 2,766.50$ 2,904.85$ 138.35$ 5% ENGINEERING - MEDICARE 100-00-53200-140-000 575.00$ 686.53$ 647.00$ 213.45$ 647.00$ 679.36$ 32.36$ 5% ENGINEERING - MED REIMBURSE 100-00-53200-145-000 200.00$ 171.27$ 125.00$ 62.48$ 125.00$ 125.00$ -$ 0% ENG-ACTION IN JACKSON EXPENSES 100-00-53200-200-000 1,500.00$ 315.02$ 1,500.00$ 1,590.86$ 2,500.00$ 2,500.00$ 1,000.00$ 67% ENG - COMPUTER SUPT/TELEPHONE 100-00-53200-300-000 900.00$ 332.02$ 900.00$ 360.99$ 900.00$ 1,000.00$ 100.00$ 11% ENG - MATERIALS/SUPPLIES 100-00-53200-310-000 1,000.00$ 790.79$ 1,000.00$ 17.91$ 500.00$ 1,030.00$ 30.00$ 3% ENGINEERING - FUEL/LUBRICANTS 100-00-53200-320-000 300.00$ 254.84$ 300.00$ -$ 300.00$ 300.00$ -$ 0% ENGINEERING - EDUC/TRAVEL/DUES 100-00-53200-340-000 3,000.00$ 2,178.93$ 3,050.00$ 551.00$ 1,000.00$ 3,100.00$ 50.00$ 2% ENGINEERING - COMPUTER UPGRADE 100-00-53200-410-000 -$ 1,065.33$ -$ -$ -$ -$ -$ ENGINEERING - COPIER 100-00-53200-411-000 -$ -$ -$ -$ 500.00$ 500.00$ ENGINEERING -CONTRACT SERVICES 100-00-53200-500-000 -$ 5,431.25$ 12,000.00$ 440.00$ 7,500.00$ 12,350.00$ 350.00$ 3% STREETS OPERATION - WAGES 100-00-53302-110-000 214,759.00$ 181,115.90$ 181,368.07$ 89,450.87$ 181,368.07$ 201,959.20$ 20,591.13$ 11% STREETS OPERATION - HEALTH 100-00-53302-125-000 62,589.00$ 58,558.84$ 68,115.52$ 31,048.53$ 68,115.52$ 63,975.84$ (4,139.68)$ -6% STREETS OPERATION - WRS 100-00-53302-130-000 13,536.00$ 12,350.17$ 13,058.50$ 6,440.49$ 13,058.50$ 14,555.04$ 1,496.54$ 11% STREETS OPERATION - SOC SECURI 100-00-53302-135-000 12,075.00$ 10,501.47$ 11,244.82$ 5,144.42$ 11,244.82$ 12,447.07$ 1,202.25$ 11% STREETS OPERATION - MEDICARE 100-00-53302-140-000 2,824.00$ 2,456.04$ 2,629.84$ 1,203.17$ 2,629.84$ 2,911.01$ 281.17$ 11% STREETS OPERATION - MED REIMBU 100-00-53302-145-000 1,500.00$ 1,164.88$ 1,575.00$ 636.28$ 1,575.00$ 1,250.00$ (325.00)$ -21% STREETS - MACHINERY / EQUIPMNT 100-00-53310-310-000 46,000.00$ 38,997.55 $ 46,900.00 $ 22,491.40$ 46,000.00$ 48,300.00$ 1,400.00$ 3% STREETS - FUEL / LUBRICANTS 100-00-53310-311-000 19,000.00$ 18,096.65$ 19,350.00$ 13,080.52$ 19,000.00$ 19,900.00$ 550.00$ 3% STREETS - WEED CONTROL / GRASS 100-00-53310-312-000 500.00$ 90.00$ 500.00$ 32.77$ 400.00$ 500.00$ -$ 0% STREETS - STREET SWEEPING 100-00-53310-313-000 -$ 6,285.04$ 8,000.00$ 2,434.75$ 8,000.00$ 8,240.00$ 240.00$ 3% STREETS - SIGNS 100-00-53310-314-000 5,000.00$ 5,833.73$ 5,000.00$ 117.10$ 4,500.00$ 5,150.00$ 150.00$ 3% STREETS - TOOLS 100-00-53310-315-000 2,500.00$ 1,199.97$ 2,500.00$ 1,216.69$ 2,250.00$ 2,575.00$ 75.00$ 3% STREETS - SALT / SAND 100-00-53310-316-000 63,392.00$ 60,518.44$ 64,650.00$ 65,142.44$ 65,150.00$ 66,575.00$ 1,925.00$ 3% STREETS - ASPHALT PATCHING 100-00-53310-317-000 4,000.00$ 4,656.34$ 4,100.00$ 730.80$ 4,000.00$ 4,220.00$ 120.00$ 3% STREETS - CURB/GUTTER/SIDEWALK 100-00-53310-318-000 5,000.00$ 10,920.61$ 5,150.00$ -$ 5,150.00$ 5,300.00$ 150.00$ 3% STREETS - PAINTING / STRIPING 100-00-53310-319-000 10,000.00$ 8,433.06$ 10,300.00$ -$ 10,000.00$ 10,600.00$ 300.00$ 3% STREETS - SNOW / ICE REMOVAL 100-00-53310-320-000 1,500.00$ 460.00$ 1,500.00$ 1,121.53$ 1,125.00$ 1,545.00$ 45.00$ 3% STREETS - OPERATING SUPPLIES 100-00-53310-322-000 2,000.00$ 2,575.72$ 2,000.00$ 665.68$ 1,750.00$ 2,050.00$ 50.00$ 3% STREETS - STREET REPAIR 100-00-53310-323-000 18,000.00$ 15,481.59$ 23,500.00$ 1,085.87$ 20,000.00$ 24,200.00$ 700.00$ 3% STREETS - BLDGS / GROUNDS 100-00-53310-324-000 30,000.00$ 11,171.87$ 30,500.00$ 4,977.04$ 15,000.00$ 31,400.00$ 900.00$ 3% STREETS - COMP SUPT / PHONES 100-00-53310-325-000 1,000.00$ 391.16$ 1,000.00$ 333.74$ 1,000.00$ 2,000.00$ 1,000.00$ 100% STREETS - UNIFORMS/SUPPLIES 100-00-53310-326-000 5,000.00$ 5,194.93$ 5,100.00$ 2,920.58$ 5,100.00$ 5,250.00$ 150.00$ 3% STREETS - EDUC / TRAVEL / DUES 100-00-53310-340-000 3,000.00$ 1,221.92$ 3,050.00$ 1,077.00$ 2,100.00$ 3,140.00$ 90.00$ 3% STREETS - CRACK FILLING 100-00-53310-412-000 25,000.00$ 25,000.00$ 25,700.00$ -$ 25,000.00$ 26,470.00$ 770.00$ 3% STREETS - PORTABLE RADIOS 100-00-53310-416-000 3,000.00$ -$ 3,050.00$ 29.98$ 500.00$ 3,100.00$ 50.00$ 2% STREETS - UTILITIES 100-00-53310-422-000 19,000.00$ 15,977.05$ 19,350.00$ 10,473.12$ 19,300.00$ 19,930.00$ 580.00$ 3% STREET LIGHTING - ELECTRICITY 100-00-53420-330-000 135,000.00$ 137,955.39$ 137,500.00$ 59,408.66$ 137,500.00$ 141,625.00$ 4,125.00$ 3% STREET LIGHTING - POLES 100-00-53420-331-000 12,000.00$ -$ 12,200.00$ 916.50$ 7,500.00$ 12,550.00$ 350.00$ 3% STORM SEWER - CLEANING/REPAIR 100-00-53441-310-000 3,000.00$ 3,000.00$ 3,050.00$ 186.71$ 3,050.00$ 3,140.00$ 90.00$ 3% 7 Page 11 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) TRASH CHIPPING/BRUSH - WAGES 100-00-53624-110-000 44,601.00$ 30,146.12 $ 41,777.76 $ 19,141.11$ 41,777.76$ 44,296.64$ 2,518.88$ 6% TRASH CHIPPING/BRUSH - HEALTH 100-00-53624-125-000 14,295.00$ 7,037.92$ 7,858.80$ 7,424.72$ 7,858.80$ 14,823.35$ 6,964.55$ 89% TRASH CHIPPING/BRUSH - WRS 100-00-53624-130-000 3,100.00$ 2,077.15$ 3,008.00$ 1,378.18$ 3,008.00$ 3,197.01$ 189.01$ 6% TRASH CHIPPING/BRUSH - SOC SEC 100-00-53624-135-000 2,765.00$ 1,745.90$ 2,590.22$ 1,099.49$ 2,590.22$ 2,733.99$ 143.77$ 6% TRASH CHIPPING/BRUSH - MEDICAR 100-00-53624-140-000 647.00$ 408.31$ 605.78$ 257.14$ 605.78$ 639.40$ 33.62$ 6% TRASH CHIPPING/BRUSH - MED REI 100-00-53624-145-000 350.00$ 183.58$ 200.00$ 145.42$ 200.00$ 300.00$ 100.00$ 50% TRASH - CURBSIDE PICKUP 100-00-53625-315-000 261,394.00$ 260,263.45$ 269,000.00$ 131,738.07$ 269,000.00$ 277,000.00$ 8,000.00$ 3% TRASH - CHIPPING / BRUSH 100-00-53625-325-000 20,000.00$ 10,180.00$ 20,000.00$ (40.00)$ 20,000.00$ 20,600.00$ 600.00$ 3% TRASH - SPRING CLEANUP DAY 100-00-53625-326-000 20,000.00$ 707.40 $ 5,000.00$ 5,278.50$ 5,300.00$ 7,500.00$ 2,500.00$ 50% RECYCLING - CURBSIDE PICKUP 100-00-53635-325-000 206,534.00$ 207,091.48 $ 212,700.00 $ 97,532.15$ 212,700.00$ 219,000.00$ 6,300.00$ 3% PARKS OPERATIONS - WAGES 100-00-55202-110-000 107,238.00$ 121,044.46 $ 139,590.31 $ 66,305.35$ 139,590.31$ 151,782.56$ 12,192.25$ 9% PARKS OPERATION - HEALTH & LIF 100-00-55202-125-000 27,465.00$ 33,160.40$ 30,563.96$ 23,111.40$ 30,563.96$ 49,122.50$ 18,558.54$ 61% PARKS OPERATIONS - WRS 100-00-55202-130-000 5,924.00$ 8,316.34$ 10,050.50$ 4,773.99$ 10,050.50$ 10,960.74$ 910.24$ 9% PARKS OPERATIONS - SOCIAL SECU 100-00-55202-135-000 5,285.00$ 6,964.19$ 8,654.60$ 3,809.41$ 8,654.60$ 9,373.32$ 718.72$ 8% PARKS OEPRATIONS - MEDICARE 100-00-55202-140-000 1,236.00$ 1,628.73$ 2,024.06$ 890.95$ 2,024.06$ 2,192.15$ 168.09$ 8% PARKS OPERATION - MED REIMBURS 100-00-55202-145-000 650.00$ 697.10$ 725.00$ 468.47$ 725.00$ 950.00$ 225.00$ 31% PARKS - MACHINERY / EQUIPMENT 100-00-55210-310-000 5,000.00$ 4,243.35$ 5,050.00$ 2,440.65$ 4,800.00$ 5,200.00$ 150.00$ 3% PARKS - BUILDING MAINTENANCE 100-00-55210-311-000 6,000.00$ (2,779.86)$ 6,150.00$ 6,686.02$ 7,000.00$ 7,000.00$ 850.00$ 14% PARKS - TREES / SHRUBS 100-00-55210-312-000 12,000.00$ 11,814.21$ 12,200.00$ 1,234.75$ 8,000.00$ 12,550.00$ 350.00$ 3% PARKS - TOOLS 100-00-55210-313-000 500.00$ 92.45$ 500.00$ 368.75$ 500.00$ 515.00$ 15.00$ 3% PARKS - OPERATING SUPPLIES 100-00-55210-314-000 1,500.00$ 268.89$ 1,500.00$ 96.46$ 1,000.00$ 1,545.00$ 45.00$ 3% PARKS - TABLES / BENCHES 100-00-55210-315-000 1,000.00$ 87.43$ 1,000.00$ 462.39$ 750.00$ 1,030.00$ 30.00$ 3% PARKS - PAPER/CLEAN PRODUCTS 100-00-55210-316-000 2,500.00$ 3,022.44$ 2,550.00$ 558.82$ 2,000.00$ 2,625.00$ 75.00$ 3% PARKS - BALLFIELD MAINTENANCE 100-00-55210-317-000 3,000.00$ 1,923.52$ 3,050.00$ -$ 3,050.00$ 3,140.00$ 90.00$ 3% PARKS - PLAY APPARATUS MAINT 100-00-55210-319-000 500.00$ 73.27$ 500.00$ 8.58$ 500.00$ 515.00$ 15.00$ 3% PARKS - TELEPHONE 100-00-55210-330-000 1,000.00$ 488.79$ 1,000.00$ 369.43$ 1,000.00$ 1,025.00$ 25.00$ 3% PARKS - FUELS / LUBRICANTS 100-00-55210-331-000 4,000.00$ 4,738.90$ 4,050.00$ 1,702.19$ 3,750.00$ 4,150.00$ 100.00$ 2% PARKS - ELECTRICITY / GAS 100-00-55210-332-000 13,000.00$ 15,771.03$ 13,250.00$ 7,522.93$ 13,250.00$ 13,645.00$ 395.00$ 3% PARKS - WATER / SEWER 100-00-55210-333-000 9,000.00$ 8,618.79$ 9,150.00$ 1,396.38$ 9,000.00$ 9,400.00$ 250.00$ 3% PARKS - GROUNDS MAINTENANCE 100-00-55210-334-000 1,500.00$ 1,854.55$ 1,500.00$ 2,995.80$ 3,000.00$ 3,000.00$ 1,500.00$ 100% PARKS - EDUC / TRAVEL / DUES 100-00-55210-340-000 2,000.00$ 1,726.15$ 2,050.00$ 250.00$ 1,000.00$ 2,110.00$ 60.00$ 3% PARKS - SPLASH PAD CHEMICALS 100-00-55210-422-000 4,000.00$ 4,840.68$ 4,050.00$ 642.69$ 3,000.00$ 4,150.00$ 100.00$ 2% PARKS - BANNERS / FLAGS 100-00-55210-425-000 1,000.00$ 580.07$ 1,000.00$ 550.00$ 1,000.00$ 1,025.00$ 25.00$ 3% PARKS - PARK PROJECTS 100-00-55210-433-000 -$ 900.00$ -$ -$ -$ -$ -$ PARKS - FERTILIZER/WEED CNTRL 100-00-55210-436-000 5,000.00$ 4,875.77$ 5,100.00$ 5,000.00$ 5,000.00$ 5,250.00$ 150.00$ 3% PARKS - CAPITAL PROJECTS 100-00-55210-439-000 20,000.00$ 18,528.39 $ 20,400.00 $ -$ 20,000.00$ 21,000.00$ 600.00$ 3% REC DEPT TRANSFER 100-00-55310-300-000 264,508.00$ 264,508.00$ 284,871.00$ 142,435.50$ 284,871.00$ 302,940.75$ 18,069.75$ 6% ECONOMIC DEVELOPMENT - WAGES 100-00-56340-110-000 18,600.00$ 18,700.57 $ 19,158.00 $ 9,427.54$ 19,158.00$ 14,000.00$ (5,158.00)$ -27% GENERAL FUND - EXPENSES 6,279,838.73$ 5,862,699.97$ 6,492,140.91$ 3,096,565.56$ 6,393,334.99$ 6,811,496.81$ 319,355.90$ 5% 8 FY26 YTD Page 12 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) HOTEL/MOTEL - ROOM TAX 150-00-41210-000-000 74,000.00$ 64,743.01$ 61,385.58$ 9,219.21$ 60,000.00$ 60,000.00$ (1,385.58)$ -2% HOTEL/MOTEL - REVENUES 74,000.00$ 64,743.01$ 61,385.58$ 9,219.21$ 60,000.00$ 60,000.00$ (1,385.58)$ -2% COMMUNITY EVENTS & ADVERTISING 150-00-51100-395-001 43,500.00$ 44,451.69$ 30,885.58$ 22,140.17$ 31,000.00$ 29,500.00$ (1,385.58)$ -4% WASHINGTON COUNTY SUPPORT 150-00-51100-395-002 6,000.00$ 6,000.00$ 6,000.00$ 6,000.00$ 6,000.00$ 6,000.00$ -$ 0% VILLAGE TOURISM/PROMOTION 150-00-51100-395-003 24,500.00$ 21,111.48$ 24,500.00$ 11,770.92$ 24,500.00$ 24,500.00$ -$ 0% HOTEL/MOTEL - EXPENSES 74,000.00$ 71,563.17$ 61,385.58$ 39,911.09$ 61,500.00$ 60,000.00$ (1,385.58)$ -2% Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) WATER - IMPACT FEE 200-00-45612-000-632 47,300.00$ 103,114.00$ 20,000.00$ 19,866.00$ 20,000.00$ 20,000.00$ -$ 0% WATER - NSF CHARGES 200-00-45790-000-000 -$ 15.00$ -$ 135.00$ 150.00$ 150.00$ 150.00$ WATER - RESIDENT METERED SALES 200-00-46100-451-000 812,443.00 $ 801,587.88$ 908,350.00$ 196,821.64$ 908,350.00$ 948,370.00$ 40,020.00$ 4% WATER - COMMERC METERED SALES 200-00-46100-452-000 96,000.00$ 103,570.61 $ 119,230.00 $ 22,531.09$ 119,230.00$ 161,600.00$ 42,370.00$ 36% WATER - INDUSTR METERED SALES 200-00-46100-453-000 91,800.00$ 58,239.39$ 66,220.00$ 13,966.37$ 66,220.00$ 92,809.00$ 26,589.00$ 40% WATER - PUBL AUTH METERED SLS 200-00-46100-454-000 20,000.00$ 17,642.25$ 18,000.00$ 3,714.34$ 18,000.00$ 21,490.00$ 3,490.00$ 19% WATER - MULTI FAMILY RESIDENT 200-00-46100-455-000 100,000.00$ 92,205.39 $ 67,530.00 $ 22,922.35$ 67,530.00$ 79,144.00$ 11,614.00$ 17% WATER - PUBL AUTH / PRIV FIRE 200-00-46100-461-000 -$ 2,283.00$ -$ 601.50$ 600.00$ -$ -$ WATER - PRIVATE FIRE PROTECTN 200-00-46100-462-000 100,000.00$ 52,080.46$ 64,330.00$ 13,436.15$ 64,330.00$ 64,330.00$ -$ 0% WATER - PUBLIC FIRE PROTECTION 200-00-46100-463-000 476,320.00$ 472,628.63$ 617,950.00$ 123,579.72$ 617,950.00$ 593,704.00$ (24,246.00)$ -4% WATER - PENALTIES 200-00-46100-470-000 4,000.00$ 4,610.55$ 4,000.00$ 2,365.45$ 4,000.00$ 4,000.00$ -$ 0% WATER - OTHER WATER REVENUES 200-00-46100-474-000 -$ 5,146.00$ -$ -$ -$ -$ -$ WATER - RADIO READ CONTROL 200-00-46100-500-000 -$ 165.00$ -$ -$ -$ -$ -$ WATER - INTEREST ON INVESTMNTS 200-00-46200-419-000 23,000.00$ 34,302.03$ 23,000.00$ 11,708.19$ 23,000.00$ 23,000.00$ -$ 0% WATER - BULK WATER USAGE 200-00-46200-500-000 61,682.00$ 36,518.80$ 61,682.00$ 9,434.40$ 61,682.00$ 61,682.00$ -$ 0% WATER - PRIVATE WELL PERMIT 200-00-46200-550-000 -$ -$ -$ 40.00$ -$ -$ -$ WATER - MISC REVENUE 200-00-46500-000-419 -$ 33,867.99$ -$ 48,056.16$ 48,500.00$ -$ -$ WATER - REVENUES 1,832,545.00$ 1,817,976.98$ 1,970,292.00$ 489,178.36$ 2,019,542.00$ 2,070,279.00$ 99,987.00$ 5% 9 FY26 YTD Page 13 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) WATER - TWIN CREEKS 200-00-51104-000-000 -$ -$ -$ 466.42$ 1,000.00$ 1,000.00$ 1,000.00$ WATER PUMPING PLANT - WAGES 200-00-52000-110-000 47,939.00$ 9,736.47 $ - $ -$ -$ $ - WATER PUMPING PLANT - HEALTH 200-00-52000-125-000 10,378.00$ 2,803.12$ -$ 272.88$ -$ $ - WATER PUMPING PLANT - WRS 200-00-52000-130-000 3,332.00$ 690.16$ -$ -$ -$ $ - WATER PUMPING PLANT - SOC SEC 200-00-52000-135-000 2,972.00$ 586.06$ -$ -$ -$ $ - WATER PUMPING PLANT - MEDICARE 200-00-52000-140-000 755.00$ 137.08$ -$ -$ -$ $ - WATER PUMPING PLANT - MED REIM 200-00-52000-145-000 275.00$ 56.18$ -$ -$ -$ $ - WATER -UTILITIES 200-00-52000-622-000 86,000.00$ 93,330.10$ 88,550.00$ 44,345.36$ 88,550.00$ 90,550.00$ 2,000.00$ 2% WATER - PUMP PLANT OPERATIONS 200-00-52000-623-000 22,000.00$ 21,522.23 $ 22,650.00 $ 11,442.89$ 18,500.00$ 22,650.00$ -$ 0% WATER - PUMP PLANT EQUIPMENT 200-00-52000-623-300 16,000.00$ 15,657.88 $ 16,450.00 $ 9,870.77$ 13,000.00$ 16,450.00$ -$ 0% WATER - TELEPHONE 200-00-52000-624-000 4,000.00$ 2,542.43$ 4,100.00$ 4,185.03$ 7,750.00$ 7,250.00$ 3,150.00$ 77% WATER - BUILDING / GROUNDS 200-00-52000-625-301 150,000.00$ 52,358.43 $ 154,500.00 $ 29,729.77$ 125,000.00$ 130,000.00$ (24,500.00)$ -16% WATER - WELL MAINTENANCE 200-00-52000-625-403 15,000.00$ 2,535.14$ 15,450.00$ 9,756.34$ 15,450.00$ 15,450.00$ -$ 0% WATER - WATER TOWER MAINT 200-00-52000-625-405 20,000.00$ 93,245.00 $ 20,600.00 $ 176,882.00$ 180,000.00$ 180,000.00$ 159,400.00$ 774% WATER DIGGERS HOTLINE - WAGES 200-00-53000-110-000 6,044.00$ 9,149.71$ 6,891.60$ 2,841.15$ 6,891.60$ 8,849.44$ 1,957.84$ 28% WATER DIGGERS HOTLINE - HEALTH 200-00-53000-125-000 1,923.00$ 2,687.56$ 1,956.45$ 1,318.72$ 1,956.45$ 2,889.00$ 932.55$ 48% WATER DIGGERS HOTLINE - WRS 200-00-53000-130-000 421.00$ 635.63$ 496.20$ 204.55$ 496.20$ 641.58$ 145.38$ 29% WATER DIGGERS - SOCIAL SECURIT 200-00-53000-135-000 375.00$ 529.74$ 427.28$ 162.64$ 427.28$ 548.67$ 121.39$ 28% WATER DIGGERS HOT - MEDICARE 200-00-53000-140-000 88.00$ 123.90$ 99.93$ 38.03$ 99.93$ 128.32$ 28.39$ 28% WATER DIGGERS HOTLINE - MED RE 200-00-53000-145-000 50.00$ 79.07$ 62.50$ 22.78$ 62.50$ 50.00$ (12.50)$ -20% WATER - TREATMENT CHEMICALS 200-00-53000-631-000 30,000.00$ 31,373.04$ 30,900.00$ 12,329.94$ 30,900.00$ 31,500.00$ 600.00$ 2% WATER DIGGERS HOTLINE EXPENSES 200-00-53000-632-000 4,000.00$ 4,752.16$ 4,100.00$ 795.20$ 4,000.00$ 4,100.00$ -$ 0% WATER DISTRIBUTION - WAGES 200-00-54000-110-000 239,640.00$ 251,996.46$ 291,539.72$ 104,702.35$ 291,539.72$ 300,784.00$ 9,244.28$ 3% WATER DISTRIBUTION - HEALTH 200-00-54000-125-000 63,177.00$ 61,569.95$ 74,249.25$ 42,228.48$ 74,249.25$ 113,107.00$ 38,857.75$ 52% WATER DISTRIBUTION - WRS 200-00-54000-130-000 15,613.00$ 16,712.18$ 20,990.86$ 7,538.51$ 18,999.70$ 21,806.84$ 815.98$ 4% WATER DISTRIBUTION - SOC SECUR 200-00-54000-135-000 13,928.00$ 14,490.48$ 18,075.46$ 5,739.59$ 16,828.31$ 18,648.61$ 573.15$ 3% WATER DISTRIBUTION - MEDICARE 200-00-54000-140-000 3,257.00$ 3,388.95$ 4,227.33$ 1,342.33$ 3,935.65$ 4,361.37$ 134.04$ 3% WATER DISTRIBUTION - MED REIMB 200-00-54000-145-000 1,575.00$ 1,649.17$ 1,937.50$ 725.46$ 1,812.50$ 2,000.00$ 62.50$ 3% WATER - TOOLS 200-00-54000-641-300 6,000.00$ 3,860.06$ 6,150.00$ 217.83$ 2,000.00$ 6,000.00$ (150.00)$ -2% WATER - ENERGENICS MONITORING 200-00-54000-650-300 5,000.00$ -$ 5,150.00$ -$ 4,000.00$ 5,000.00$ (150.00)$ -3% WATER - CATHODIC PROTECTION 200-00-54000-650-301 3,000.00$ -$ 3,050.00$ 1,660.00$ 2,500.00$ 1,050.00$ (2,000.00)$ -66% WATER - THERMAL BONDING 200-00-54000-650-404 3,000.00$ 837.00$ 3,050.00$ -$ 3,050.00$ 3,050.00$ -$ 0% WATER - REPAIR/REPLACE MAINS 200-00-54000-651-300 80,000.00$ 104,655.73 $ 170,000.00 $ 3,264.83$ 75,000.00$ 95,000.00$ (75,000.00)$ -44% WATER - SYSTEM STUDY 200-00-54000-651-402 20,000.00$ 627.00 $ 20,600.00$ 3,869.42$ 20,600.00$ 20,600.00$ -$ 0% WATER - SYSTEM MAPPING 200-00-54000-651-403 25,000.00$ 14,086.36$ 25,750.00$ 25,856.69$ 25,900.00$ 26,000.00$ 250.00$ 1% WATER - METERS/REGISTERS/WIRE 200-00-54000-653-000 50,000.00$ 19,740.68$ 51,500.00$ 22,794.82$ 51,500.00$ 53,045.00$ 1,545.00$ 3% WATER - LARGE METER TESTING 200-00-54000-653-301 3,500.00$ 1,581.80$ 3,600.00$ -$ 3,600.00$ 3,600.00$ -$ 0% WATER - HYDRANT MAINTENANCE 200-00-54000-654-000 4,000.00$ 1,900.30$ 4,100.00$ -$ 2,500.00$ 4,100.00$ -$ 0% WATER - HYDRANT PAINTING 200-00-54000-654-300 10,000.00$ -$ 10,300.00$ -$ 10,300.00$ 10,300.00$ -$ 0% 10 Page 14 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) WATER ACCT/BILLING - WAGES 200-00-55000-110-000 28,654.00$ 33,212.24 $ 50,748.36 $ 20,606.56$ 50,748.36$ 59,325.76$ 8,577.40$ 17% WATER ACCT/BILLING - HEALTH 200-00-55000-125-000 13,754.00$ 13,684.35$ 18,191.00$ 7,823.34$ 18,191.00$ 18,046.82$ (144.18)$ -1% WATER ACCT/BILLING -WRS 200-00-55000-130-000 1,991.00$ 1,990.99$ 2,708.90$ 1,330.96$ 2,633.65$ 3,311.51$ 602.61$ 22% WATER ACCT/BILLING - SOC SEC 200-00-55000-135-000 1,777.00$ 1,860.78$ 3,146.40$ 1,193.56$ 3,146.40$ 3,678.20$ 531.80$ 17% WATER ACCT/BILLING - MEDICARE 200-00-55000-140-000 415.00$ 435.26$ 735.85$ 279.15$ 735.85$ 860.22$ 124.37$ 17% WATER ACCT/BILLING - MED REIMB 200-00-55000-145-000 250.00$ 247.63$ 325.00$ 162.25$ 325.00$ 350.00$ 25.00$ 8% WATER - CELL PHONES 200-00-55000-923-300 1,600.00$ 674.48$ 1,600.00$ 503.64$ 1,600.00$ 1,600.00$ -$ 0% WATER - AUDIT / ACCOUNTNG 200-00-55000-923-301 15,000.00$ 15,904.50$ 15,450.00$ 11,337.50$ 15,450.00$ 15,500.00$ 50.00$ 0% WATER ADMIN - WAGES 200-00-57000-110-000 44,096.00$ 37,804.57 $ 42,005.50 $ 20,579.44$ 42,005.50$ 54,420.08$ 12,414.58$ 30% WATER ADMIN - HEALTH & LIFE 200-00-57000-125-000 4,694.00$ 13,205.01$ 14,390.10$ 7,656.15$ 14,390.10$ 13,875.00$ (515.10)$ -4% WATER ADMIN - WRS 200-00-57000-130-000 3,065.00$ 2,617.38$ 3,024.40$ 1,481.71$ 2,716.88$ 3,945.46$ 921.06$ 30% WATER ADMIN - SOCIAL SECURITY 200-00-57000-135-000 2,734.00$ 2,221.47$ 2,604.34$ 1,213.29$ 2,406.38$ 3,374.04$ 769.70$ 30% WATER ADMIN - MEDICARE 200-00-57000-140-000 639.00$ 519.52$ 609.08$ 283.76$ 562.78$ 789.09$ 180.01$ 30% WATER ADMIN - MED REIMBURSE 200-00-57000-145-000 200.00$ 236.26$ 187.50$ 93.75$ 187.50$ 187.50$ -$ 0% WATER - OFFICE SUPPLIES 200-00-57000-921-000 2,000.00$ 978.19$ 2,050.00$ 164.48$ 1,500.00$ 2,050.00$ -$ 0% WATER - POSTAGE/COPIES 200-00-57000-921-300 12,000.00$ 6,915.90$ 12,350.00$ 2,843.80$ 12,350.00$ 12,350.00$ -$ 0% WATER - UNIFORMS/SAFETY EQUIP 200-00-57000-922-000 6,000.00$ 4,915.24$ 6,150.00$ 1,477.18$ 3,000.00$ 6,000.00$ (150.00)$ -2% WATER - PROP/LIABLTY INSURANCE 200-00-57000-924-000 81,191.00$ 73,146.80$ 86,800.00$ 82,678.64$ 82,700.00$ 93,114.00$ 6,314.00$ 7% WATER - REGULATORY COMM 200-00-57000-928-000 3,500.00$ 252.00$ 3,600.00$ 699.42$ 3,600.00$ 3,600.00$ -$ 0% WATER - GENERAL EXPENSES 200-00-57000-930-000 10,000.00$ 9,492.04$ 10,300.00$ 3,211.29$ 6,500.00$ 10,300.00$ -$ 0% WATER - EDUC / TRAVEL / DUES 200-00-57000-930-300 9,000.00$ 8,738.10$ 9,250.00$ 4,411.01$ 8,000.00$ 9,250.00$ -$ 0% WATER - EMERGNCY RESPNSE REPTS 200-00-57000-930-301 2,000.00$ 1,375.00$ 2,050.00$ 2,845.13$ 2,850.00$ 2,900.00$ 850.00$ 41% WATER - FORMS/PRINTING 200-00-57000-931-000 3,000.00$ 2,165.50$ 3,050.00$ 914.50$ 3,050.00$ 3,050.00$ -$ 0% WATER - FUEL / LUBRICANTS 200-00-57000-933-000 10,000.00$ 8,546.93$ 10,300.00$ 3,118.61$ 7,500.00$ 10,300.00$ -$ 0% WATER - VEHICLE MAINT / EQUIP 200-00-57000-933-300 9,000.00$ 4,006.83$ 9,250.00$ 100.33$ 5,000.00$ 9,250.00$ -$ 0% WATER - NEW EQUIPMENT 200-00-57000-933-400 35,000.00$ 36.98 $ 36,000.00$ -$ -$ 37,000.00$ 1,000.00$ 3% WATER - SCADA SYSTEM 200-00-57000-933-452 20,000.00$ 11,273.45$ 20,600.00$ 8,411.90$ 30,000.00$ 20,600.00$ -$ 0% WATER - PYMNT IN LIEU OF TAXES 200-00-58000-408-301 200,000.00$ 236,320.00$ 200,000.00$ -$ 200,000.00$ 257,772.00$ 57,772.00$ 29% WATER - BANK SERVICE FEES 200-00-59000-000-000 -$ 65.00$ -$ 25.00$ -$ -$ -$ WATER - EXPENSES 1,489,802.00$ 1,334,469.61$ 1,648,980.51$ 710,051.13$ 1,623,548.49$ 1,857,309.51$ 208,329.00$ 13% 11 Page 15 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) SEWER - RESIDENTIAL METERED 300-00-45611-610-622 1,372,202.00$ 1,671,950.16$ 1,619,195.00$ 489,815.26$ 1,619,195.00$ 1,975,417.00$ 356,222.00$ 22% SEWER - COMMERCIAL METERED 300-00-45611-611-622 212,995.00$ 244,058.68 $ 251,330.00 $ 64,933.62$ 251,330.00$ 306,622.00$ 55,292.00$ 22% SEWER - INDUSTRIAL METERED 300-00-45611-612-622 70,000.00$ 89,150.94$ 82,600.00$ 25,148.94$ 82,600.00$ 100,772.00$ 18,172.00$ 22% SEWER - INDUSTRIAL SURCHARGES 300-00-45611-613-622 80,000.00$ 67,129.05$ 94,400.00$ 14,340.88$ 94,400.00$ 115,000.00$ 20,600.00$ 22% SEWER - PUBLIC AUTHORITIES 300-00-45611-615-622 28,000.00$ 28,657.60$ 33,000.00$ 6,946.71$ 33,000.00$ 40,260.00$ 7,260.00$ 22% SEWER - HOLDING / SEPTIC TANK 300-00-45611-616-622 200,000.00$ 211,606.75 $ 236,000.00 $ 81,769.50$ 236,000.00$ 100,000.00$ (136,000.00)$ -58% SEWER - MULTI FAMILY METERED 300-00-45611-617-622 114,510.00$ 132,450.01$ 135,120.00$ 55,042.07$ 135,120.00$ 164,846.00$ 29,726.00$ 22% SEWER - FORFEITED DISCOUNTS 300-00-45612-000-631 -$ 6,159.80$ -$ 3,782.16$ -$ -$ -$ SEWER - CONNECTION FEES 300-00-45612-000-632 204,550.00$ 446,865.00$ 200,000.00$ 85,911.00$ 200,000.00$ 200,000.00$ -$ 0% SEWER - S.INTERCPTR IMPACT FEE 300-00-45612-000-633 -$ 516.00$ -$ -$ -$ -$ -$ SEWER - PRIVATE WELL TESTING 300-00-45614-000-420 -$ 1,180.00$ -$ 1,240.00$ 1,500.00$ 1,000.00$ 1,000.00$ SEWER - INTERST ON TEMP INVEST 300-00-48110-000-419 138,000.00$ 165,755.80 $ 138,000.00 $ 75,776.34$ 138,000.00$ 75,000.00$ (63,000.00)$ -46% SEWER - AMORTIZATION PREMIUM 300-00-49100-001-000 -$ 7,764.29$ -$ -$ -$ -$ -$ SEWER - REVENUE 2,420,257.00$ 3,073,244.08$ 2,789,645.00$ 904,706.48$ 2,791,145.00$ 3,078,917.00$ 289,272.00$ 10% 12 Page 16 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) SEWER SUPERVISION/LABOR -WAGES 300-00-57310-110-000 378,141.00$ 339,826.74 $ 377,624.55 $ 134,554.34 $ 377,624.55 $ 334,360.32 $ (43,264.23) $ -11% SEWER DIGGERS HOTLINE -WAGES 300-00-57310-110-001 6,044.00 $ 8,690.52 $ 11,891.60 $ 2,958.59 $ 11,891.60 $ 14,049.44 $ 2,157.84 $ 18% SEWER SUPERVISION/LABOR-HEALTH 300-00-57310-125-000 74,752.00 $ 86,195.04 $ 83,071.07 $ 39,067.29 $ 83,071.07 $ 73,678.00 $ (9,393.07) $ -11% SEWER DIGGERS HOTLINE - HEALTH 300-00-57310-125-001 1,923.00 $ 2,628.87 $ 1,956.45 $ 1,318.72 $ 1,956.45 $ 2,889.00 $ 932.55 $ 48% SEWER SUPERVISION/LABOR - WRS 300-00-57310-130-000 20,165.00$ 22,458.54 $ 25,685.00 $ 9,333.58 $ 25,685.00 $ 24,241.12 $ (1,443.88) $ -6% SEWER DIGGERS HOTLINE - WRS 300-00-57310-130-001 421.00 $ 602.34 $ 856.20 $ 213.01 $ 856.20 $ 1,018.58$ 162.38 $ 19% SEWER SUPERVISION/LABOR - SS 300-00-57310-135-000 17,989.00$ 20,435.86 $ 23,412.72 $ 7,910.93 $ 23,412.72 $ 24,241.12 $ 828.40 $ 4% SEWER DIGGERS HOTLINE- SOC SEC 300-00-57310-135-001 375.00$ 502.35$ 737.28$ 169.47$ 737.28$ 871.07$ 133.79$ 18% SEWER SUPERVISION/LABOR-MEDICA 300-00-57310-140-000 4,207.00$ 4,779.28 $ 5,475.56 $ 1,850.15 $ 5,475.56 $ 4,848.22 $ (627.34) $ -11% SEWER DIGGERS HOTLINE-MEDICARE 300-00-57310-140-001 88.00 $ 117.50 $ 172.43 $ 39.63 $ 172.43 $ 203.72 $ 31.29 $ 18% SEWER DIGGERS HOTLINE - MED RE 300-00-57310-145-001 50.00 $ 74.76 $ 12.50 $ 23.72 $ 12.50 $ 50.00 $ 37.50 $ 300% SEWER SUPERVISION - MED REIMBU 300-00-57310-145-002 1,950.00 $ 2,197.82 $ 1,987.50 $ 862.37 $ 1,987.50$ 1,900.00 $ (87.50) $ -4% SEWER DIGGERS HOTLINE EXPENSES 300-00-57310-822-000 10,000.00 $ 2,768.07 $ 10,300.00 $ 651.99 $ 10,000.00$ 10,300.00 $ - $ 0% SEWER - CHLORINE 300-00-57310-823-300 3,500.00 $ 2,129.71 $ 3,600.00 $ 1,038.74 $ 3,200.00 $ 3,600.00 $ - $ 0% SEWER - ALUMINUM SULFATE 300-00-57310-823-301 54,000.00 $ 56,847.03 $ 57,400.00 $ 22,510.29 $ 92,000.00 $ 125,000.00 $ 67,600.00 $ 118% SEWER - POLYMER 300-00-57310-823-302 10,000.00 $ 9,243.00 $ 12,100.00 $ 10,740.50 $ 24,000.00 $ 25,000.00 $ 12,900.00 $ 107% SEWER - SODIUM BISULFATE 300-00-57310-823-303 3,500.00 $ - $ - $ - $ - $ SEWER - CHEMICALS 300-00-57310-823-304 1,500.00 $ 1,455.45 $ 1,540.00 $ 333.90 $ 1,000.00$ 1,585.00 $ 45.00 $ 3% SEWER - LAB TIME / SUPPLIES 300-00-57310-825-000 14,000.00$ 12,311.02 $ 14,400.00 $ 7,010.60 $ 14,400.00 $ 15,000.00 $ 600.00 $ 4% SEWER - OPERATION SUPPLIES 300-00-57310-827-000 8,000.00 $ 8,756.27 $ 8,200.00 $ 1,752.28 $ 5,000.00 $ 8,200.00 $ - $ 0% SEWER - TRANSPORTATION 300-00-57310-828-000 16,000.00 $ 9,851.13 $ 16,450.00 $ 3,085.20 $ 11,000.00 $ 16,450.00 $ - $ 0% SEWER - UTILITIES 300-00-57310-829-000 165,000.00 $ 192,474.12 $ 169,950.00 $ 94,297.24 $ 169,950.00 $ 175,040.00 $ 5,090.00 $ 3% SEWER - UNIFORMS/SAFETY EQUIP 300-00-57310-830-000 8,000.00 $ 4,343.08 $ 8,225.00 $ 1,451.99 $ 8,000.00 $ 8,000.00 $ (225.00) $ -3% SEWER - SLUDGE TESTING 300-00-57310-831-000 2,000.00 $ 1.99 $ 2,050.00$ - $ 2,050.00$ 2,100.00 $ 50.00 $ 2% SEWER - COLLECT SYSTEM MAINT 300-00-57320-831-000 80,000.00$ 10,822.24 $ 82,400.00 $ 16,608.97 $ 25,000.00 $ 84,400.00 $ 2,000.00 $ 2% SEWER - EQUIPMENT MAINTENANCE 300-00-57320-833-000 60,000.00 $ 45,378.57 $ 61,800.00 $ 38,553.14 $ 61,800.00 $ 63,650.00 $ 1,850.00 $ 3% SEWER - BLDGS / GROUNDS MAINT 300-00-57320-834-000 125,000.00$ 43,974.44 $ 128,750.00 $ 31,159.81 $ 132,600.00 $ 125,000.00 $ (3,750.00) $ -3% 13 Page 17 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) SEWER - JOINT METERING COSTS 300-00-57330-000-842 -$ 42,854.00$ -$ -$ -$ -$ -$ SEWER ADMIN - WAGES 300-00-57340-110-000 44,096.00$ 37,819.37 $ 42,005.50 $ 20,579.49$ 42,005.50$ 54,420.08$ 12,414.58$ 30% SEWER ACCT/BILLING - WAGES 300-00-57340-110-001 28,654.00$ 33,189.25 $ 50,748.36 $ 20,621.25$ 50,748.36$ 59,325.76$ 8,577.40$ 17% SEWER ADMIN - HEALTH & LIFE 300-00-57340-125-000 4,694.00$ 11,370.02$ 14,390.10$ 7,656.85$ 14,390.10$ 13,875.00$ (515.10)$ -4% SEWER ACCT/BILLING - HEALTH 300-00-57340-125-001 13,754.00$ 13,695.03$ 18,191.00$ 7,835.28$ 18,191.00$ 18,046.82$ (144.18)$ -1% SEWER ADMIN - WRS 300-00-57340-130-000 3,065.00$ 2,618.20$ 3,024.40$ 1,481.77$ 3,024.40$ 3,945.46$ 921.06$ 30% SEWER ACCT/BILLING - WRS 300-00-57340-130-002 1,991.00$ 1,991.69$ 2,708.90$ 1,332.56$ 2,708.90$ 3,311.51$ 602.61$ 22% SEWER ADMIN - SOCIAL SECURITY 300-00-57340-135-000 2,734.00$ 2,222.46$ 2,604.34$ 1,213.29$ 2,604.34$ 3,374.04$ 769.70$ 30% SEWER ACCT/BILLING - SOC SECUR 300-00-57340-135-003 1,777.00$ 1,859.05$ 3,146.40$ 1,194.25$ 3,146.40$ 3,678.20$ 531.80$ 17% SEWER ADMIN - MEDICARE 300-00-57340-140-000 639.00$ 519.81$ 609.08$ 283.81$ 609.08$ 789.09$ 180.01$ 30% SEWER ACCT/BILLING - MEDICARE 300-00-57340-140-004 415.00$ 434.60$ 735.85$ 279.36$ 735.85$ 860.22$ 124.37$ 17% SEWER ADMIN - MEDICAL REIMBURS 300-00-57340-145-000 200.00$ 237.29$ 187.50$ 93.76$ 187.50$ 187.50$ -$ 0% SEWER ACCT/BILLING - MED REIMB 300-00-57340-145-001 250.00$ 249.09$ 325.00$ 161.56$ 325.00$ 350.00$ 25.00$ 8% SEWER - OFFICE SUPPLIES 300-00-57340-851-000 1,000.00$ 765.19$ 1,000.00$ 376.41$ 1,000.00$ 1,030.00$ 30.00$ 3% SEWER - PROP / LIAB INSURANCE 300-00-57340-853-000 82,720.00$ 80,786.37 $ 88,500.00 $ 83,970.49$ 84,000.00$ 95,550.00$ 7,050.00$ 8% SEWER - AUDIT / ACCOUNTNG FEES 300-00-57340-860-000 15,000.00$ 8,912.50 $ 15,450.00 $ 7,462.50$ 15,450.00$ 15,500.00$ 50.00$ 0% SEWER - METER CALIBRATION 300-00-57340-861-000 5,000.00$ -$ 5,150.00$ -$ 5,150.00$ 5,150.00$ -$ 0% SEWER - SLUDGE HAULING 300-00-57340-862-000 110,000.00$ 168,660.00$ 150,000.00$ 63,291.74$ 150,000.00$ 154,500.00$ 4,500.00$ 3% SEWER - INDUSTRIAL MONITORING 300-00-57340-863-000 12,000.00$ 15,816.00$ 16,000.00$ 8,481.85$ 16,500.00$ 17,500.00$ 1,500.00$ 9% SEWER - CELL/TELEPHONES 300-00-57340-867-000 4,000.00$ 2,598.11$ 4,100.00$ 2,164.30$ 4,100.00$ 4,100.00$ -$ 0% SEWER - SCADA SYSTEMS 300-00-57340-870-000 6,000.00$ 3,561.09$ 6,150.00$ 6,261.00$ 6,300.00$ 6,500.00$ 350.00$ 6% SEWER - POSTAGE 300-00-57340-872-000 12,000.00$ 6,855.42$ 12,300.00$ 2,843.80$ 12,300.00$ 12,300.00$ -$ 0% SEWER - METAL / BIOASSAY TESTS 300-00-57340-877-000 14,000.00$ 17,056.43$ 14,400.00$ 11,825.43$ 25,000.00$ 25,000.00$ 10,600.00$ 74% SEWER - EDUCATION/TRAVEL/DUES 300-00-57350-864-000 8,000.00$ 4,488.05$ 8,225.00$ 2,533.36$ 5,225.00$ 8,225.00$ -$ 0% SEWER - DNR ENVIRONMENTAL FEE 300-00-57350-865-000 12,000.00$ 11,957.70$ 12,350.00$ 11,974.23$ 12,000.00$ 12,500.00$ 150.00$ 1% SEWER - EMERGENCY RESPONSE BRD 300-00-57350-866-000 500.00$ 550.00$ 550.00$ 563.75$ 565.00$ 575.00$ 25.00$ 5% SEWER - REPLACEMENT FUND 300-00-58300-701-000 315,368.00$ 7,755.90$ 315,368.00$ 34,956.00$ 80,000.00$ 316,000.00$ 632.00$ 0% SEWER - COMPUTER SOFTWRE UPGRD 300-00-58300-715-000 12,000.00$ 10,374.89 $ 12,350.00 $ 4,127.00$ 12,000.00$ 12,720.00$ 370.00$ 3% SEWER - TOOLS 300-00-58300-716-000 4,000.00$ 888.22$ 4,100.00$ 458.09$ 2,500.00$ 4,100.00$ -$ 0% SEWER - THERMAL BONDING 300-00-58300-722-000 3,000.00$ 837.00$ 3,050.00$ -$ 3,050.00$ 3,050.00$ -$ 0% SEWER - DIGESTER FILTER STUDY 300-00-58300-729-000 120,000.00$ 255.00$ 123,600.00$ -$ -$ 105,000.00$ (18,600.00)$ -15% SEWER - EXPENSES 1,905,462.00$ 1,380,043.47$ 2,041,367.29$ 731,519.63$ 1,666,699.29$ 2,107,139.27$ 65,771.98$ 3% ARPA - INTEREST ON INVES 450-00-48100-000-000 -$ 4,137.12$ -$ 411.33$ 500.00$ -$ -$ ARPA - FUND BALANCE APPLIED 450-00-49000-000-000 145,375.62$ - $ 35,000.00$ -$ -$ -$ (35,000.00)$ -100% ARPA - REVENUES 145,375.62$ 4,137.12$ 35,000.00$ 411.33$ 500.00$ -$ (35,000.00)$ -100% ARPA - EXPENDITURES 450-00-57001-000-000 145,375.62$ 129,618.51$ 35,000.00$ 21,303.00$ 35,000.00$ -$ (35,000.00)$ -100% ARPA - EXPENSES 145,375.62$ 129,618.51$ 35,000.00$ 21,303.00$ 35,000.00$ -$ (35,000.00)$ -100% 14 Page 18 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) REC - VILLAGE TRANSFER 500-00-45620-201-000 264,508.00$ -$ -$ -$ REC - GRANTS/DONATIONS/SPONSRS 500-00-45620-204-000 8,500.00$ 9,895.13$ 10,000.00$ 16,585.62$ 10,000.00$ 10,000.00$ -$ 0% REC - ADULT PROGRAM FEES 500-00-45620-206-000 24,000.00$ 24,902.14 $ 24,000.00 $ 10,316.06$ 15,000.00$ 21,983.79$ (2,016.21)$ -8% REC - YOUTH PROGRAM FEES 500-00-45620-208-000 40,000.00$ 54,934.80 $ 45,000.00 $ 34,144.73$ 45,000.00$ 50,000.00$ 5,000.00$ 11% REC - SENIOR PROGRAMS 500-00-45620-209-000 3,000.00$ 5,820.73$ 3,000.00$ 2,131.75$ 4,000.00$ 4,500.00$ 1,500.00$ 50% REC - ADULT LEAGUES FEES 500-00-45620-210-000 5,000.00$ 6,800.00$ 5,000.00$ 1,100.00$ 5,000.00$ 7,000.00$ 2,000.00$ 40% REC - YOUTH LEAGUE FEES 500-00-45620-211-000 2,500.00$ 2,600.00$ 2,500.00$ 625.00$ 2,500.00$ 2,500.00$ -$ 0% REC - CONCESSIONS 500-00-45620-214-000 9,000.00$ 6,715.00$ 9,000.00$ 2,073.00$ 7,500.00$ 10,000.00$ 1,000.00$ 11% REC - SPECIAL EVENTS 500-00-45620-224-000 55,000.00$ 49,008.00$ 70,000.00$ 23,657.35$ 60,000.00$ 70,000.00$ -$ 0% REC - TICKET SALES 500-00-45620-228-000 -$ 1,930.75$ -$ -$ -$ -$ -$ REC - BOYS & GIRLS CLUB RENT 500-00-45620-232-000 30,000.00$ 15,000.00 $ 30,000.00 $ 30,000.00$ 34,000.00$ 34,000.00$ 4,000.00$ 13% REC - WASH CTY AGING RENT 500-00-45620-234-000 6,000.00$ 6,574.12$ 6,000.00$ 3,222.19$ 5,000.00$ 5,000.00$ (1,000.00)$ -17% REC - BLDG / SHELTER RENTALS 500-00-45620-236-000 50,000.00$ 68,550.00$ 55,000.00$ 18,789.60$ 55,000.00$ 58,000.00$ 3,000.00$ 5% REC - OPEN GYM FEES 500-00-45620-237-000 1,000.00$ 426.00$ 1,000.00$ 1,092.00$ 1,500.00$ 1,200.00$ 200.00$ 20% REC - FITNESS MEMBERSHIPS 500-00-45620-238-000 15,000.00$ 15,493.50 $ 15,000.00 $ 9,051.33$ 15,000.00$ 20,000.00$ 5,000.00$ 33% REC - KETTLEBROK CHURCH RENT 500-00-45620-240-000 29,000.00$ 30,070.00$ 30,000.00$ 15,180.00$ 30,000.00$ 30,000.00$ -$ 0% REC - POSTAGE / COPY MACHINES 500-00-45620-243-000 600.00$ 9.15$ 600.00$ 475.42$ 250.00$ 250.00$ (350.00)$ -58% REC - WBSC 4K PROGRAM 500-00-45620-250-000 101,000.00$ 95,793.22$ 115,000.00$ 108,955.50$ 130,000.00$ 135,000.00$ 20,000.00$ 17% REC - VILLAGE WELLNESS PROGRAM 500-00-45620-252-000 1,500.00$ 12.66$ 1,500.00$ -$ 1,500.00$ 1,500.00$ -$ 0% REC - FUND BALANCE APPLIED 500-00-45620-260-000 34,368.00$ - $ 15,000.00$ -$ 11,000.00$ -$ (15,000.00)$ -100% REC- GENERAL FUND TRANSFER 500-00-47210-000-000 -$ 264,508.00$ 284,871.00$ 142,435.50$ 284,871.00$ 302,940.75$ 18,069.75$ 6% REC-TRANSFER FROM OTHER FUNDS 500-00-49500-000-000 11,000.00$ -$ 11,000.00$ -$ -$ 11,000.00$ -$ 0% REC - REVENUES 690,976.00$ 659,043.20$ 733,471.00$ 419,835.05$ 717,121.00$ 774,874.54$ 41,403.54$ 6% 15 Page 19 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) REC ADMIN - WAGES 500-00-55310-110-000 257,429.00$ 250,085.83 $ 231,913.28 $ 102,136.09$ 231,913.28$ 278,613.10$ 46,699.82$ 20% REC EVEN/WEEKEND - WAGES 500-00-55310-110-001 30,000.00$ 45,642.16$ 43,750.00$ 18,936.45$ 43,750.00$ 50,959.50$ 7,209.50$ 16% REC PART-TIME SEASONAL - WAGES 500-00-55310-110-002 21,000.00$ 22,054.55 $ 21,000.00 $ 14,352.65$ 21,000.00$ 21,630.00$ 630.00$ 3% REC WBSD 4K - WAGES 500-00-55310-110-004 50,000.00$ 57,412.09 $ 95,040.00 $ 48,768.93$ 95,040.00$ 94,655.00$ (385.00)$ 0% REC ADMIN - HEALTH/LIFE INSUR 500-00-55310-125-000 95,918.00$ 76,417.77$ 77,805.71$ 43,326.72$ 77,805.71$ 63,587.46$ (14,218.25)$ -18% REC PART-TIME/SEAS-HEALTH/LIFE 500-00-55310-125-002 -$ 43.96$ -$ 31.92$ -$ -$ REC ADMIN - WRS 500-00-55310-130-000 22,564.00$ 16,754.35 $ 16,697.76 $ 7,060.81$ 16,697.76$ 18,487.62$ 1,789.86$ 11% REC EVEN/WEEKEND - WRS 500-00-55310-130-001 2,000.00$ 137.48$ 164.70$ 98.82$ 164.70$ 168.56$ 3.86$ 2% REC PART-TIME/SEASONAL - WRS 500-00-55310-130-002 100.00$ 137.61$ -$ 36.24$ -$ -$ REC WBSD 4K - WRS 500-00-55310-130-004 3,500.00$ 2,592.21$ 3,888.00$ 2,177.28$ 3,888.00$ 3,942.19$ 54.19$ 1% REC ADMIN - SOCIAL SECURITY 500-00-55310-135-000 14,884.00$ 15,334.69 $ 14,378.62 $ 6,741.92$ 14,378.62$ 17,247.01$ 2,868.39$ 20% REC EVEN/WEEKEND - SOC SEC 500-00-55310-135-001 3,200.00$ 2,817.19$ 3,208.78$ 1,174.10$ 3,208.78$ 3,159.49$ (49.29)$ -2% REC PART-TIME/SEASON - SOC SEC 500-00-55310-135-002 1,500.00$ 1,324.33$ 1,302.00$ 889.88$ 1,302.00$ 1,341.06$ 39.06$ 3% REC WBSD 4K - SOCIAL SECURITY 500-00-55310-135-004 4,000.00$ 3,507.58$ 5,892.48$ 2,991.77$ 5,892.48$ 5,868.61$ (23.87)$ 0% REC ADMIN - MEDICARE 500-00-55310-140-000 3,481.00$ 3,586.50$ 3,362.74$ 1,576.82$ 3,362.74$ 4,039.89$ 677.15$ 20% REC EVEN/WEEKEND - MEDICARE 500-00-55310-140-001 650.00$ 658.97$ 634.38$ 274.59$ 1,254.54$ 738.91$ 104.53$ 16% REC PART-TIME/SEASON -MEDICARE 500-00-55310-140-002 350.00$ 309.75$ 304.50$ 208.16$ 304.50$ 313.64$ 9.14$ 3% REC WBSD 4K - MEDICARE 500-00-55310-140-004 700.00$ 820.35$ 1,378.08$ 699.66$ 1,378.08$ 1,372.50$ (5.58)$ 0% REC ADMIN - MEDICAL REIMBURSE 500-00-55310-145-000 2,000.00$ 1,092.73$ 1,000.00$ 326.91$ 1,000.00$ 1,000.00$ -$ 0% REC - EDUCATION/TRAVEL/DUES 500-00-55310-202-000 5,000.00$ 4,025.96$ 5,500.00$ 1,423.58$ 4,000.00$ 5,500.00$ -$ 0% REC - PROGRAM / ACCT REFUNDS 500-00-55310-204-000 3,000.00$ 9,182.00$ 5,000.00$ 2,655.25$ 5,000.00$ 5,000.00$ -$ 0% REC - PROP/LIABLTY INSURANCE 500-00-55310-205-000 6,000.00$ 3,428.76$ 6,500.00$ 3,875.56$ 6,500.00$ 7,000.00$ 500.00$ 8% REC - COMPUTER EQUIPMENT 500-00-55310-206-000 4,000.00$ 2,838.53$ 5,000.00$ 2,629.23$ 5,000.00$ 5,000.00$ -$ 0% REC - GAS / ELECTRIC 500-00-55310-207-000 45,000.00$ 33,428.07 $ 48,000.00 $ 16,572.35$ 44,000.00$ 44,000.00$ (4,000.00)$ -8% REC - OFFICE SUPPLIES 500-00-55310-208-000 3,000.00$ 2,416.52$ 3,500.00$ 438.77$ 3,500.00$ 3,500.00$ -$ 0% REC - WATER / SEWER 500-00-55310-209-000 3,000.00$ 3,196.69$ 3,500.00$ 838.00$ 3,500.00$ 3,500.00$ -$ 0% REC - CELL PHONES 500-00-55310-210-000 1,800.00$ 1,567.22$ 1,800.00$ 552.39$ 1,800.00$ 1,800.00$ -$ 0% REC - PHONE / INTERNET 500-00-55310-211-000 3,000.00$ 5,397.94$ 3,500.00$ 1,481.07$ 3,500.00$ 3,500.00$ -$ 0% REC - IT SUPPORT 500-00-55310-212-000 7,500.00$ 8,184.59$ 8,000.00$ 8,144.25$ 9,000.00$ 9,000.00$ 1,000.00$ 13% REC - BLDG EQUIPMENT / REPAIRS 500-00-55310-213-000 12,000.00$ 15,001.66 $ 15,000.00 $ 3,920.90$ 15,000.00$ 15,000.00$ -$ 0% REC - YOUTH PROGRAM SUPPLIES 500-00-55310-214-000 2,500.00$ 2,885.11$ 3,000.00$ 1,852.70$ 3,000.00$ 3,000.00$ -$ 0% REC - JANITORIAL/BLDG SUPPLIES 500-00-55310-215-000 3,000.00$ 3,567.56$ 3,500.00$ 1,922.83$ 3,500.00$ 3,500.00$ -$ 0% REC - ADULT PROGRAM SUPPLIES 500-00-55310-216-000 1,500.00$ 2,180.04$ 1,500.00$ 851.84$ 1,500.00$ 1,500.00$ -$ 0% REC - SENIOR PROGRAMS 500-00-55310-217-000 1,000.00$ 3,260.17$ 1,200.00$ 547.19$ 1,200.00$ 1,200.00$ -$ 0% REC - SPECIAL EVENTS 500-00-55310-220-000 12,000.00$ 13,065.03$ 25,000.00$ 10,773.34$ 20,000.00$ 25,000.00$ -$ 0% REC - PRINTING 500-00-55310-222-000 3,300.00$ 2,824.76$ 3,500.00$ 3,421.15$ 3,500.00$ 3,500.00$ -$ 0% REC - POSTAGE / COPIER 500-00-55310-224-000 4,200.00$ 3,680.52$ 4,500.00$ 336.56$ 4,000.00$ 4,000.00$ (500.00)$ -11% REC - STAFF UNIFORMS 500-00-55310-228-000 1,000.00$ 923.80$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% REC - CONCESSIONS-RESALEABLE 500-00-55310-230-000 5,000.00$ 5,718.46$ 5,000.00$ 2,829.02$ 5,000.00$ 5,000.00$ -$ 0% REC - ADULT LEAGUES 500-00-55310-254-000 2,000.00$ 1,162.18$ 2,000.00$ 224.94$ 2,000.00$ 2,000.00$ -$ 0% REC - CONTRACTUAL SERVICES 500-00-55310-258-000 35,000.00$ 42,795.27 $ 38,000.00 $ 19,065.67$ 38,000.00$ 38,000.00$ -$ 0% REC - CONTINGENCY 500-00-55310-262-000 500.00$ 625.46$ 750.00$ 313.35$ 750.00$ 750.00$ -$ 0% REC - CONCESSION STAND MAINT 500-00-55310-268-000 800.00$ 807.22$ 1,000.00$ 295.00$ 1,000.00$ 1,000.00$ -$ 0% REC - FIRE/SECURITY MONITORING 500-00-55310-269-000 5,000.00$ 2,795.45$ 6,000.00$ 2,222.92$ 6,000.00$ 5,500.00$ (500.00)$ -8% REC - SALES & USE TAX 500-00-55310-270-000 4,000.00$ 2,784.05$ 4,500.00$ 2,460.77$ 4,500.00$ 4,000.00$ (500.00)$ -11% REC - WBSD 4K PROGRAM SUPPLIES 500-00-55310-280-000 2,600.00$ 1,705.15$ 5,000.00$ 2,608.52$ 5,000.00$ 5,000.00$ -$ 0% REC - VILLAGE WELLNESS PROGRAM 500-00-55310-282-000 1,000.00$ 346.63$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% REC - EXPENSES 690,976.00$ 680,524.90$ 733,471.03$ 344,066.87$ 724,091.19$ 774,874.54$ 41,403.51$ 6% 16 FY26 YTD Page 20 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) CAP PRJT - TAX LEVY 600-00-41110-000-000 141,862.17$ 141,862.00 $ 321,119.00 $ -$ 321,119.00$ (321,119.00)$ -100% CAP PRJT - STATE ROAD GRANT 600-00-42290-000-000 -$ 41,530.94$ -$ -$ -$ -$ CAP PRJT - POLICE IMPACT FEE 600-00-44155-100-000 -$ 83,538.43$ -$ 17,540.72$ 30,000.00$ -$ -$ CAP PRJT - FIRE IMPACT FEE 600-00-44155-900-000 -$ 126,811.59$ -$ 26,314.26$ 41,000.00$ -$ -$ CAP PRJT - SPEC ASSESS PRINCIP 600-00-46000-000-000 -$ 162,670.29$ -$ 4,414.00$ 5,400.00$ -$ -$ CAP PRJT - SPECIAL ASSESS INT 600-00-46100-000-000 -$ 9,640.74$ -$ 30.42$ 45.00$ -$ -$ CAP PRJT - LT DEBT PROCEEDS 600-00-49500-000-000 -$ 3,815,000.00$ -$ 2,500,000.00$ 2,500,000.00$ -$ -$ CAP PRJT - INTEREST 600-00-49500-300-000 7,743.00$ 169,209.82$ 10,000.00$ 28,090.28$ 56,000.00$ 10,000.00$ -$ 0% CAP PRJT - TRANS FROM FUND BAL 600-00-49600-200-000 300,000.00$ - $ -$ -$ CAP PRJT - MISC REVENUE 600-00-49700-000-000 -$ 5,119.09$ -$ -$ -$ -$ -$ CAP PRJT - PREMIUM LT DEBT 600-00-49800-000-000 -$ 57,941.15$ -$ 74,111.70$ 74,111.70$ -$ -$ CAP PRJT - REVENUE 449,605.17$ 4,613,324.05$ 331,119.00$ 2,650,501.38$ 3,027,675.70$ 10,000.00$ (321,119.00)$ -97% CAP PRJT - HICKORY LANE PARK 600-00-53310-416-000 75,000.00$ 75,423.00 $ 20,000.00 $ 1,651.33$ 20,000.00$ 20,000.00$ -$ 0% CAP PRJT - STREETS MACHINERY 600-00-53310-450-000 115,605.17$ 180,121.49 $ 172,000.00 $ 120,273.00$ 150,273.00$ -$ (172,000.00)$ -100% CAP PRJT - MISC PROJECT COSTS 600-00-56700-000-000 99,000.00$ 35,474.68 $ 35,000.00 $ 4,845.83$ -$ 262,500.00$ 227,500.00$ 650% CAP PRJT - REPAIRS/CONSTRUCT 600-00-56700-400-000 125,000.00$ 2,288,293.29$ - $ 154,588.49$ 2,500,000.00$ -$ -$ CAP PRJT - MISC TID EXPENSES 600-00-56700-460-000 -$ (507,256.00)$ -$ -$ -$ -$ -$ CAP PRJT - ELECTION EQUIPMENT 600-00-56700-810-003 -$ -$ 12,000.00$ -$ 12,000.00$ 6,000.00$ (6,000.00)$ -50% CAP PRJT - CHESTNUT COURT 600-00-56700-820-001 -$ (23,623.53)$ -$ -$ -$ -$ -$ CAP PRJT - COMM CENTER EXPANSE 600-00-56700-820-002 -$ 1,831,045.33$ -$ 2,584.68$ 2,584.68$ -$ -$ CAP PRJT - MIDWEST FIBER RELOC 600-00-56700-820-005 -$ -$ 120,000.00$ -$ 120,000.00$ -$ (120,000.00)$ -100% CAP PRJT - COMM CENTER HVAC 600-00-56700-820-006 18,000.00$ - $ 18,000.00$ -$ -$ 15,000.00$ (3,000.00)$ -17% CAP PRJT - JACKSON PARK TABLES 600-00-56700-820-007 17,000.00$ 16,998.49 $ 17,000.00 $ 14,160.08$ 17,000.00$ -$ (17,000.00)$ -100% CAP PRJT - DOG PARK FEASABILTY 600-00-56700-820-008 -$ 33,470.00$ 10,000.00$ -$ 25,000.00$ -$ (10,000.00)$ -100% CAP PRJT - HICKORY LN PRK PATH 600-00-56700-820-009 -$ 5,658.00$ -$ -$ -$ -$ CAP PRJT - MUNICIPAL BLDG EXP 600-00-56710-000-000 -$ 12,980.91$ -$ -$ -$ 24,000.00$ 24,000.00$ CAP PRJT - ISSUANCE EXPENSES 600-00-58300-000-000 -$ 157,676.75$ -$ 111,539.20$ 111,539.20$ -$ -$ CAP PRJT - TRANSFER TO TID #4 600-00-59300-000-000 114,018.59$ - $ -$ -$ -$ CAP PRJT - TRANSFER TO DEBT SERVICE 478,897.40$ - $ CAP PRJT - EXPENSES 449,605.17 $ 4,220,281.00$ 404,000.00 $ 409,642.61 $ 3,437,294.28$ 327,500.00 $ (76,500.00)$ -19% 17 Page 21 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) TID #4 - TAX REVENUE 640-00-41110-000-000 -$ 796,591.59$ -$ -$ -$ -$ -$ TID #4 - TAX INCREMENT 640-00-41140-000-000 762,116.00$ - $ 766,339.00$ -$ -$ -$ (766,339.00)$ -100% TID #4 - EXEMPT COMPUTER AID 640-00-42500-000-000 5,087.62$ 5,087.62$ -$ -$ -$ -$ -$ TID #4 - STATE PERS PROP AID 640-00-42510-000-000 49,556.40$ 49,556.40 $ - $ -$ -$ -$ -$ TID #4 - TRANSFER FROM CAP PRJ 640-00-46300-000-000 114,018.59$ -$ -$ -$ -$ TID #4 - REVENUES 816,760.02$ 965,254.20$ 766,339.00$ -$ -$ -$ (766,339.00)$ -100% TID #4 - MISC TID EXPENSES 640-00-56700-000-000 15,000.00$ 509,756.00 $ - $ -$ -$ -$ -$ TID #4 - TRANS TO GF FOR REPAY 640-00-59200-000-000 311,208.00$ - $ -$ -$ -$ -$ TID #4 - TRANSFER TO TID #7 640-00-59700-000-000 796,591.59 $ - $ -$ -$ -$ TID #4 - EXPENSES 326,208.00$ 1,306,347.59$ -$ -$ -$ -$ -$ TID #5 - TAX INCREMENT 650-00-41120-000-000 88,282.00$ 94,831.37 $ 91,230.00 $ -$ 94,831.00$ 96,690.00$ 5,460.00$ 6% TID #5 - STATE PERS PROP AID 650-00-42220-000-000 1,964.74$ 1,964.74$ 1,964.74$ 1,964.74$ 1,964.74$ 1,964.74$ -$ 0% TID #5 - REVENUES 90,246.74$ 96,796.11$ 93,194.74$ 1,964.74$ 96,795.74$ 98,654.74$ 5,460.00$ 6% TID #5 - DEVELOPER AGREEMNTS 650-00-56700-000-000 82,985.00$ 89,141.49 $ 85,756.00 $ 44,639.55$ 90,889.00$ 90,889.00$ 5,133.00$ 6% TID #5 - MISC TID EXPENSES 650-00-56700-460-000 1,850.00$ 1,650.00$ 1,850.00$ 150.00$ 1,850.00$ 1,850.00$ -$ 0% TID #5 - EXPENSES 84,835.00$ 90,791.49$ 87,606.00$ 44,789.55$ 92,739.00$ 92,739.00$ 5,133.00$ 6% TID #6 - SPECIAL ASSESS-PRINCI 660-00-41100-000-000 -$ 1,434.26$ -$ -$ -$ -$ -$ TID #6 - SPECIAL ASSESS-INT 660-00-41110-000-000 -$ 286.85$ -$ -$ -$ -$ -$ TID #6 - TAX INCREMENT 660-00-41120-000-000 307,332.00$ 319,464.30 $ 469,817.00 $ -$ 453,668.00$ 500,367.00$ 30,550.00$ 7% TID #6 - STATE PERS PROP AID 660-00-42220-000-000 17,111.40$ 17,111.40 $ 17,111.40 $ 17,111.40$ 17,111.40$ 17,111.40$ -$ 0% TID #6 - REVENUES 324,443.40 $ 338,296.81 $ 486,928.40 $ 17,111.40 $ 470,779.40 $ 517,478.40 $ 30,550.00$ 6% TID #6 - MISC TID EXPENSES 660-00-56700-000-000 2,000.00$ 2,499.50$ 2,000.00$ 150.00$ 2,000.00$ 2,000.00$ -$ 0% TID #6 - DEVELOPER AGREEMNTS 660-00-56700-460-000 -$ 423,560.00$ 686,660.00$ 345,580.00$ 506,472.00$ 703,893.00$ 17,233.00$ 3% TID #6 - TRANS TO DEBT SRV 660-00-59200-000-000 309,910.00$ 309,910.00 $ 323,610.00 $ -$ 323,610.00$ 341,968.00$ 18,358.00$ 6% TID #6 - EXPENSES 311,910.00$ 735,969.50$ 1,012,270.00$ 345,730.00$ 832,082.00$ 1,047,861.00$ 35,591.00$ 4% 18 Page 22 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) TID #7 - TAX INCREMENT 670-00-41120-000-000 32,783.00$ 34,077.54 $ 154,008.00 $ -$ 256,684.00$ 432,545.00$ 278,537.00$ 181% TID #7 - STATE PERS PROP AID 670-00-42220-000-000 9,274.21$ 9,274.21$ 9,274.21$ 9,274.21$ 9,274.21$ 9,274.21$ -$ 0% TID #7 - INFASTRUCTURE OAKS 670-00-46750-100-000 -$ 45,253.22$ 5,253.22$ -$ -$ -$ (5,253.22)$ -100% TID #7 - LAND SALES 670-00-48300-100-000 100,000.00$ -$ -$ -$ -$ -$ -$ TID #7 - TRANSFER FROM TID #4 670-00-49400-000-000 -$ 796,591.59$ -$ -$ -$ -$ -$ TID #7 - INTEREST 670-00-49500-100-000 -$ 6,111.97$ -$ 1,438.48$ 2,338.48$ 500.00$ 500.00$ TID #7 - MISC REVENUE 670-00-49700-000-000 -$ 375.00$ -$ 6,910.00$ 6,910.00$ 21,582.00$ 21,582.00$ TID #7 - REVENUES 142,057.21$ 891,683.53$ 168,535.43$ 17,622.69$ 275,206.69$ 463,901.21$ 295,365.78$ 175% TID #7 - MISC TID EXPENSES 670-00-56700-000-000 10,000.00$ (395.97) $ 20,000.00$ 214,738.60$ 220,000.00$ 1,000.00$ (19,000.00)$ -95% TID #7 - DEVELOPER AGREEMNTS 670-00-56700-460-000 108,546.79$ 117,295.14 $ 117,295.14 $ -$ 117,295.00$ 117,295.14$ -$ 0% TID #7 - LT DEBT PRINCIPAL 670-00-56700-480-000 86,400.00$ - $ 91,200.00$ -$ 91,200.00$ -$ (91,200.00)$ -100% TID #7 - LT DEBT INTEREST 670-00-56700-490-000 42,165.00$ - $ 59,432.00$ -$ 59,432.00$ -$ (59,432.00)$ -100% TID #7 - OAKS OF JACKSON 670-00-56750-000-000 30,000.00$ 18,990.85$ 5,000.00$ 6,099.25$ 7,000.00$ 10,000.00$ 5,000.00$ 100% TID #7 - RIDGEWAY COMMERCIAL 670-00-56760-000-000 40,000.00$ 10,707.01 $ 40,000.00 $ 8,058.75$ 10,000.00$ 10,000.00$ (30,000.00)$ -75% TID #7 - EAGLE DR ROUNDABOUT 670-00-56770-000-000 -$ 532.09$ -$ -$ -$ -$ -$ TID #7 - TRANS TO DEBT SERVICE 670-00-59200-000-000 -$ 128,564.80$ 150,632.00$ -$ 130,701.00$ 132,693.00$ (17,939.00)$ -12% TID #7 - EXPENSES 317,111.79$ 275,693.92$ 483,559.14$ 228,896.60$ 635,628.00$ 270,988.14$ (212,571.00)$ -44% DEBT SRV - TAX LEVY 700-00-41115-000-000 1,654,695.00$ 1,654,695.00 $ 1,754,766.00 $ - $ 1,754,766.00$ 1,875,291.00$ 120,525.00$ 7% DEBT SRV - TRANSFER FROM TID 6 700-00-49203-000-000 309,910.00$ 309,910.00 $ 323,610.00 $ -$ 323,610.00$ 432,545.00$ 108,935.00$ 34% DEBT SRV - TRANSFR FROM TID 7 700-00-49204-000-000 128,565.00$ 128,564.80 $ 150,632.00 $ -$ 130,701.00$ 132,693.00$ (17,939.00)$ -12% DEBT SRV - TRANSFER FROM FIRE 700-00-49205-000-000 71,454.29$ 71,454.29$ 71,454.29$ 71,454.29$ 71,454.29$ 71,454.29$ -$ 0% DEBT SRV - TRANSFER FROM WATER 700-00-49206-000-000 -$ -$ 54,619.00$ -$ -$ -$ (54,619.00)$ -100% DEBT SRV - TRANSFER FROM SEWER 700-00-49207-000-000 -$ -$ 54,619.00$ -$ -$ -$ (54,619.00)$ -100% DEBT SRV - TRANSFER FROM CAP PROJ -$ -$ -$ -$ 478,897.40$ DEBT SRV - FUND BALANCE APPLIED DEBT SRV - REVENUES 2,164,624.29$ 2,164,624.09$ 2,409,700.29$ 71,454.29$ 2,759,428.69$ 2,511,983.29$ 102,283.00$ 4% DEBT SRV - LT DEBT PRINCIPAL 700-00-59100-000-000 1,458,690.00$ 1,458,693.72 $ 1,511,180.00 $ 1,781,179.73 $ 1,511,180.00 $ 1,725,543.00 $ 214,363.00 $ 14% DEBT SRV - LT DEBT INTEREST 700-00-59200-000-000 704,334.00$ 787,872.66 $ 896,820.00 $ 609,662.93$ 896,820.00$ 913,199.00$ 16,379.00$ 2% DEBT SRV - PAYING AGENT FEE 700-00-59450-000-000 1,600.00$ 2,100.00$ 1,700.00$ 2,100.00$ 2,100.00$ 2,100.00$ 400.00$ 24% DEBT SRV - EXPENSES 2,164,624.00$ 2,248,666.38$ 2,409,700.00$ 2,392,942.66$ 2,410,100.00$ 2,640,842.00$ 231,142.00$ 10% PARK FUND - FEES COLLECTED 800-00-45830-000-000 10,000.00$ 127,474.00$ 10,000.00$ 26,187.00$ 45,000.00$ 10,000.00$ -$ 0% PARK FUND - INT ON INVESTMENTS 800-00-48110-000-000 500.00$ 8,365.14$ 1,000.00$ 5,142.14$ 7,800.00$ 500.00$ (500.00)$ -50% PARK FUND - REVENUES 10,500.00$ 135,839.14$ 11,000.00$ 31,329.14$ 52,800.00$ 10,500.00$ (500.00)$ -5% PARK FUND - IMPACT PROJECTS 800-00-55210-420-000 -$ -$ 100,000.00$ 525.00$ -$ -$ (100,000.00)$ -100% PARK FUND - EXPENSES -$ -$ 100,000.00$ 525.00$ -$ -$ (100,000.00)$ -100% 19 Page 23 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) FIRE - STATE 2% DUES 900-00-42230-000-000 81,377.17$ 94,305.09$ 81,377.17$ 91,428.52$ 91,428.52$ 81,377.17$ -$ 0% FIRE - EMS FAP FUNDS 900-00-42240-000-000 7,800.00$ 110,178.70$ 60,747.16$ -$ 60,747.16$ 60,747.16$ -$ 0% FIRE - GRANT REVENUE 900-00-42250-000-000 -$ -$ -$ 1,037.84$ 1,037.84$ -$ -$ FIRE - OTHER STATE AID 900-00-42260-000-000 12,000.00$ -$ 12,000.00$ -$ -$ -$ (12,000.00)$ -100% FIRE - CPR TRAINING 900-00-43510-000-000 2,500.00$ 2,630.00$ 2,500.00$ 1,050.00$ 2,500.00$ 2,500.00$ -$ 0% FIRE - EMS BILLING 900-00-43530-000-000 375,000.00$ 487,294.95$ 375,000.00$ 222,759.91$ 390,000.00$ 390,000.00$ 15,000.00$ 4% FIRE - HAZ MAT INCIDENTS 900-00-43550-000-000 500.00$ 400.00$ 500.00$ -$ 500.00$ 500.00$ -$ 0% FIRE - INTEREST 900-00-43560-000-000 50.00$ 144.13$ 50.00$ 63.24$ 52.70$ 50.00$ -$ 0% FIRE - MISCELLANEOUS 900-00-43570-000-000 1,000.00$ 16,285.30$ 1,000.00$ -$ 1,000.00$ 1,000.00$ -$ 0% FIRE - OCCUPANCY PERMITS 900-00-43580-000-000 1,000.00$ 1,407.00$ 1,000.00$ 200.00$ 500.00$ 1,000.00$ -$ 0% FIRE - OFFICE FEES 900-00-43590-000-000 -$ 10.00$ -$ -$ -$ -$ -$ FIRE - PERMIT FEES 900-00-43600-000-000 1,000.00$ 2,084.00$ 1,000.00$ 699.00$ 1,000.00$ 1,000.00$ -$ 0% FIRE - GENERAL FUND TRANSFER 900-00-47210-000-000 653,340.93$ 653,340.93$ 710,657.22$ 355,328.64$ 710,657.22$ 865,575.00$ 154,917.78$ 22% FIRE - TOWN/JACKSON TRANSFER 900-00-47220-000-000 340,910.05$ 351,444.10$ 374,763.37$ 187,381.68$ 374,763.37$ 457,791.89$ 83,028.52$ 22% FIRE - TOWN/POLK TRANSFER 900-00-47220-001-000 108,959.96$ 108,959.96$ 113,714.51$ 56,857.26$ 113,714.51$ 140,916.14$ 27,201.63$ 24% FIRE - TOWN/GERMANTOWN TRANSFR 900-00-47220-002-000 21,068.10$ 10,534.06 $ 21,101.91 $ 10,550.96$ 21,101.91$ 26,115.53$ 5,013.62$ 24% FIRE - DONATIONS 900-00-48100-000-000 1,000.00$ 5,481.30$ 1,000.00$ 4,241.06$ 1,000.00$ 1,000.00$ -$ 0% FIRE - INTEREST ON INVESTMENTS 900-00-48110-000-000 200.00$ 608.95$ 200.00$ 267.20$ 200.00$ 200.00$ -$ 0% FIRE - FIRE PREVENT DONATIONS 900-00-48200-000-000 5,000.00$ 6,500.00$ 5,000.00$ 5,550.00$ 5,000.00$ 5,000.00$ -$ 0% FIRE - SALE OF EQUIPMENT 900-00-48610-000-000 -$ 6,702.24$ -$ -$ -$ -$ -$ FIRE - RESERVE FUND BALANCE 900-00-49997-000-000 30,880.00$ -$ 77,991.22$ -$ 77,991.22$ -$ (77,991.22)$ -100% FIRE - REVENUES 1,643,586.21$ 1,858,310.71$ 1,839,602.56$ 937,415.31$ 1,853,194.45$ 2,034,772.89$ 195,170.33$ 11% 20 Page 24 of 139 Description Account ID FY25 Adopted FY25 Actual FY26 Budgeted FY26 YTD 6/30/2026 FY26 Projected FY27 Proposed Difference (#) Difference (%) FIRE - SALARIES / WAGES 900-00-52210-110-000 808,654.48$ 804,862.72$ 902,946.65$ 441,923.09$ 902,946.65$ 1,075,178.00$ 172,231.35$ 19% FIRE - HEALTH & LIFE INSURANCE 900-00-52210-125-000 167,598.00$ 125,408.87$ 157,294.25$ 67,447.26$ 157,294.25$ 169,475.12$ 12,180.87$ 8% FIRE - WRS 900-00-52210-130-000 86,844.85$ 94,022.34$ 100,402.87$ 51,039.71$ 100,402.87$ 121,725.72$ 21,322.85$ 21% FIRE - SOCIAL SECURITY 900-00-52210-135-000 50,136.58$ 48,700.14 $ 55,982.69 $ 26,855.74$ 55,982.69$ 66,661.05$ 10,678.36$ 19% FIRE - MEDICARE 900-00-52210-140-000 11,460.43$ 11,389.41$ 13,092.73$ 6,280.80$ 13,092.73$ 15,590.08$ 2,497.35$ 19% FIRE - MEDICAL REIMBURSEMENT 900-00-52210-145-000 3,000.00$ 2,493.43$ 3,000.00$ 1,249.95$ 3,000.00$ 3,000.00$ -$ 0% FIRE - ELECTRONIC EQUIPMENT 900-00-52210-310-000 10,200.00$ 5,717.49 $ 10,404.00 $ 4,257.70$ 10,400.00$ 10,716.12$ 312.12$ 3% FIRE - FUEL / LUBRICANTS 900-00-52210-311-000 18,169.20$ 18,883.05$ 18,532.70$ 10,125.00$ 20,250.00$ 19,088.68$ 555.98$ 3% FIRE - BLDG & GROUNDS MAINT 900-00-52210-312-000 10,300.00$ 11,378.11 $ 10,609.00 $ 3,530.18$ 10,500.00$ 10,927.27$ 318.27$ 3% FIRE - COMPUTER SUPRT/SOFTWARE 900-00-52210-313-000 20,910.00$ 22,330.92$ 21,328.20$ 15,335.42$ 21,968.05$ 21,968.05$ 639.85$ 3% FIRE - NEW & REPLACEMENT EQUIP 900-00-52210-314-000 14,103.60$ 17,231.90$ 14,385.67$ 6,180.65$ 14,000.00$ 14,817.24$ 431.57$ 3% FIRE - TRUCK & EQUIPMENT MAINT 900-00-52210-315-000 23,690.00$ 24,483.48 $ 25,111.40 $ 32,360.13$ 50,000.00$ 30,000.00$ 4,888.60$ 19% FIRE - OFFICE SUPPLIES/POSTAGE 900-00-52210-317-000 3,800.00$ 2,167.01$ 3,876.00$ 3,370.05$ 5,000.00$ 4,000.00$ 124.00$ 3% FIRE - PRE-EMPLOYMENT PHYSICAL 900-00-52210-319-000 4,120.00$ 6,338.00$ 4,408.40$ 2,865.00$ 4,500.00$ 4,500.00$ 91.60$ 2% FIRE - LENGTH OF SRVCE PROGRAM 900-00-52210-320-000 13,390.00$ 13,390.00$ 13,657.80$ 13,657.80$ 13,657.80$ 14,067.53$ 409.73$ 3% FIRE - INTERCPT/HEALTHCR BLNG 900-00-52210-321-000 30,900.00$ 19,589.16$ 31,827.00$ 11,014.84$ 28,000.00$ 32,781.81$ 954.81$ 3% FIRE - FIRE PREVENTION 900-00-52210-322-000 6,901.00$ 7,686.44$ 7,108.03$ 2,146.87$ 7,000.00$ 7,500.00$ 391.97$ 6% FIRE - SCENE ASSISTANCE 900-00-52210-324-000 3,311.00$ -$ 3,600.00$ -$ 3,600.00$ 4,000.00$ 400.00$ 11% FIRE - TURN OUT GEAR/UNIFORMS 900-00-52210-325-000 25,500.00$ 20,969.86$ 27,030.00$ 11,736.55$ 27,846.00$ 28,000.00$ 970.00$ 4% FIRE - SCBA TESTING / REPAIR 900-00-52210-327-000 3,090.00$ 2,741.50$ 3,182.70$ 1,863.54$ 3,000.00$ 3,000.00$ (182.70)$ -6% FIRE - LADDER TESTING 900-00-52210-328-000 2,328.82$ 1,773.00$ 2,398.68$ -$ 2,398.68$ 3,000.00$ 601.32$ 25% FIRE - AUDIT / ACCOUNTING 900-00-52210-329-000 1,000.00$ -$ 1,030.00$ -$ 1,030.00$ 1,000.00$ (30.00)$ -3% FIRE - UTILITIES 900-00-52210-330-000 50,184.00$ 43,002.97$ 51,187.68$ 21,331.86$ 51,187.68$ 52,723.31$ 1,535.63$ 3% FIRE - TELEPHONE 900-00-52210-331-000 5,610.00$ 4,944.97$ 5,800.00$ 2,496.48$ 5,000.00$ 5,974.00$ 174.00$ 3% FIRE - ATTORNEY FEES 900-00-52210-332-000 1,000.00$ 25,211.00$ 1,030.00$ -$ 1,000.00$ 1,000.00$ (30.00)$ -3% FIRE - MEDICAL SUPPLIES 900-00-52210-333-000 27,300.00$ 26,809.55 $ 27,846.00 $ 9,624.62$ 27,846.00$ 28,681.38$ 835.38$ 3% FIRE - FAP FUNDING 900-00-52210-334-000 12,000.00$ 13,613.99$ 60,747.16$ 61,524.08$ 61,524.08$ 60,747.16$ -$ 0% FIRE - DONATIONS 900-00-52210-336-000 1,500.00$ -$ 1,545.00$ -$ -$ 1,500.00$ (45.00)$ -3% FIRE - DUES 900-00-52210-339-000 2,000.00$ 1,311.62$ 2,060.00$ 470.00$ 2,060.00$ 2,500.00$ 440.00$ 21% FIRE - EDUC / TRAVEL /TRAINING 900-00-52210-340-000 13,000.00$ 11,784.29$ 13,390.00$ 3,827.95$ 12,000.00$ 13,791.70$ 401.70$ 3% FIRE - ANTIQUE FIRE TRUCK 900-00-52210-341-000 -$ -$ -$ -$ -$ -$ FIRE - PROP/LIABILTY INSURANCE 900-00-52210-350-000 25,750.00$ 22,858.38$ 26,522.50$ 25,837.08$ 25,837.08$ 28,644.30$ 2,121.80$ 8% FIRE - BAD DEBT EXPENSE 900-00-52210-400-000 -$ -$ -$ -$ -$ -$ FIRE - EQUIP REPLCEMENT FUND 900-00-52210-500-000 30,880.00$ 38,726.89$ 12,000.00$ -$ 12,000.00$ 12,360.00$ 360.00$ 3% FIRE - TRUCK REPLACEMENT FUND 900-00-52210-510-000 80,000.00$ -$ 80,000.00$ -$ 80,000.00$ 82,400.00$ 2,400.00$ 3% FIRE - EMS EQUIP REPLACEMENT 900-00-52210-540-000 3,500.00$ 4,087.43$ 54,811.16$ 55,689.42$ 55,689.42$ 12,000.00$ (42,811.16)$ -78% FIRE - 1280 COMMAND PAYMENT 900-00-52210-554-000 -$ -$ -$ -$ -$ -$ FIRE - TRANSFR TO DEBT SRV FND 900-00-59200-000-000 71,454.29$ 71,454.29 $ 71,454.29 $ 71,454.29$ 71,454.00$ 71,454.00$ (0.29)$ 0% FIRE - EXPENSES 1,643,586.25$ 1,525,362.21$ 1,839,602.56$ 965,496.06$ 1,861,467.98$ 2,034,772.52$ 195,169.96$ 11% 21 Page 25 of 139 Village of Jackson, WI 2026 Financial Management Plan Workshop #2 – Capital & Operating Update, TIDs Summary, and Utilities October 13, 2026 – Village Board Page 26 of 139 CAPITAL UPDATE Village of Jackson, WI 2026 FMP 10/9/2026 2 Page 27 of 139 3 • Reallocation of Street Projects applied to all projects in CIP 2027 and beyond: ✓ Capital portion: 47% of total cost ✓ Water portion: 20% of total cost ✓ Sewer portion: 33% of total cost • Application of debt service abatement to achieve level increasing debt service levy impact 2027 - 2033 • *Full CIP table is attached as an Appendix Capital Improvement Plan Page 28 of 139 4 Financing Plan Tax Impact Page 29 of 139 5 Financing Plan G.O. Debt Capacity Projected Existing Year Equalized Principal Year Ending Value (TID IN) 1 Debt Limit Outstanding % of Limit % of Limit Ending 2026 1,545,007,800 77,250,390 27,473,713 36% $27,473,713 36% $49,776,677 59% $18,876,521 2026 2027 1,581,135,075 79,056,754 25,748,171 33% $30,843,171 39% $48,213,583 65% $16,590,882 2027 2028 1,618,107,122 80,905,356 24,030,000 30% $33,805,000 42% $47,100,356 70% $14,738,214 2028 2029 1,655,943,696 82,797,185 22,445,000 27% $36,285,000 44% $46,512,185 73% $13,393,311 2029 2030 1,734,078,110 86,703,906 20,975,000 24% $34,365,000 40% $52,338,906 66% $17,657,343 2030 2031 1,774,626,460 88,731,323 19,465,000 22% $32,265,000 36% $56,466,323 61% $20,973,794 2031 2032 1,816,122,961 90,806,148 17,910,000 20% $30,120,000 33% $60,686,148 55% $24,363,689 2032 2033 1,858,589,785 92,929,489 16,325,000 18% $27,970,000 30% $64,959,489 50% $27,787,694 2033 2034 1,902,049,620 95,102,481 14,735,000 15% $25,840,000 27% $69,262,481 45% $31,221,489 2034 2035 1,946,525,686 97,326,284 13,115,000 13% $23,675,000 24% $73,651,284 41% $34,720,771 2035 2036 1,992,041,747 99,602,087 11,470,000 12% $21,470,000 22% $78,132,087 36% $38,291,252 2036 2037 2,038,622,120 101,931,106 9,795,000 10% $19,210,000 19% $82,721,106 31% $41,948,664 2037 2038 2,086,291,693 104,314,585 8,065,000 8% $16,860,000 16% $87,454,585 27% $45,728,751 2038 2039 2,135,075,934 106,753,797 6,340,000 6% $14,550,000 14% $92,203,797 23% $49,502,278 2039 2040 2,185,000,909 109,250,045 5,125,000 5% $12,655,000 12% $96,595,045 19% $52,895,027 2040 2041 2,236,093,290 111,804,665 4,075,000 4% $10,990,000 10% $100,814,665 16% $56,092,799 2041 2042 2,288,380,377 114,419,019 3,015,000 3% $9,280,000 8% $105,139,019 14% $59,371,411 2042 2043 2,341,890,105 117,094,505 1,950,000 2% $7,535,000 6% $109,559,505 11% $62,721,703 2043 2044 2,396,651,064 119,832,553 915,000 1% $5,810,000 5% $114,022,553 8% $66,089,532 2044 2045 2,452,692,510 122,634,625 265,000 0% $4,135,000 3% $118,499,625 6% $69,445,775 2045 2046 2,510,044,387 125,502,219 0 0% $2,590,000 2% $122,912,219 3% $72,711,332 2046 2047 2,568,737,335 128,436,867 0 0% $1,125,000 1% $127,311,867 1% $75,937,120 2047 2048 2,628,802,715 131,440,136 0% $300,000 0% $131,140,136 0% $78,564,081 2048 2049 2,690,272,617 134,513,631 0% $0 0% $134,513,631 0% $80,708,179 2049 Proposed DebtExisting Debt Village Limit (3% EV)Combined Principal Existing & Proposed Statutory Limit (5% EV) % of Limit Residual Capacity Residual Capacity Page 30 of 139 OPERATING UPDATE – 2027 BUDGET Village of Jackson, WI 2026 FMP 10/9/2026 6 Page 31 of 139 7 Levy, Valuation and Tax Rate History Page 32 of 139 8 Summary of Levy Need Budget Levy Year 2025 2026 Budget Year 2026 2027 Levy Need Levy for General Fund 3,644,767 3,592,366 (52,401) Levy for Recreation Fund 284,871 302,941 18,070 Levy for Fire/EMS 710,657 865,575 154,918 Levy for Capital 321,119 - (321,119) Levy for Debt Service 1,754,766 1,872,291 117,525 Total Levy Need 6,716,181 6,633,173 (83,008) Total Levy Need Net of Debt & Capital 4,640,296 4,760,882 120,586 Increase/Decrease from 26 to 27 Budget Actual Direction needed on Levy for Capital & desired Tax Bill I mpact – see next 4 slides for options presented. Page 33 of 139 9 Projected Tax Levy & Tax Rate 2027 – 2032 Levy for Capital: $0 Page 34 of 139 10 Projected Tax Bill Impact: Levy for Capital to achieve 3% Tax Bill Change Page 35 of 139 11 Projected Tax Bill Impact: Levy for Capital to achieve 0% Tax Bill Change Page 36 of 139 12 Projected Tax Bill Impact: Levy for Capital: 2027 CIP Cash Funded Cap. Projects Page 37 of 139 TAX INCREMENT DISTRICTS Village of Jackson, WI 2026 FMP 10/9/2026 13 Page 38 of 139 14 • TID 5 ✓ Annual payments until max life – PAYGO with Kerry & EDWC (previously, WCEDC) • TID 6 ✓ Outstanding debt until near max life ✓ May require advances from Sewer Utility, to be repaid by TID once increment is available • TID 7 ✓ Affordable housing money ($796K) received from TID 4 in 2025 ✓ Village is engaged in development agreement with Glacier Hills Credit Union 2025 TID Cashflow Recap Page 39 of 139 SEWER UTILITY Village of Jackson, WI 2026 FMP 10/9/2026 15 Page 40 of 139 16 Sewer: Historical Rate Performance & Financial Indicators • Reserves to fund O&M expenses, incl. depreciation, plus next year’s debt (6 mo. Target) • Concerns of aging system • Opportunity to apply cash to CIP Page 41 of 139 Budget 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 Revenues Total Revenues from User Rates1 $2,921,358 $3,447,202 $4,067,698 $4,474,468 $4,608,702 $4,746,963 $4,889,372 $5,036,053 $5,036,053 $5,036,053 Percent Increase to User Rates 18.00% 18.00% 18.00% 10.00% 3.00% 3.00% 3.00% 3.00% 0.00% 0.00% Cumulative Percent Rate Increase 18.00% 39.24% 64.30% 80.73% 86.16% 91.74% 97.49% 103.42% 103.42% 103.42% Dollar Amount Increase to Revenues $525,844 $620,496 $406,770 $134,234 $138,261 $142,409 $146,681 $0 $0 Total Other Revenues $76,000 $14,791 $14,130 $13,368 $15,594 $16,916 $18,355 $19,723 $21,325 $23,061 Total Revenues $2,997,358 $3,461,993 $4,081,828 $4,487,836 $4,624,296 $4,763,879 $4,907,727 $5,055,777 $5,057,378 $5,059,114 Less: Expenses Operating and Maintenance $1,788,706 $1,842,367 $1,897,638 $1,954,567 $2,013,204 $2,073,600 $2,135,808 $2,199,882 $2,265,879 $2,333,855 PILOT Payment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Net Before Debt Service and Capital Expenditures $1,208,652 $1,619,627 $2,184,191 $2,533,269 $2,611,092 $2,690,279 $2,771,920 $2,855,894 $2,791,500 $2,725,259 Debt Service Existing Debt P&I $792,268 $782,627 $771,659 $760,790 $759,319 $756,996 $750,147 $748,771 $737,343 $731,289 New (2027-2036) Debt Service P&I $41,046 $353,449 $770,592 $847,295 $1,326,951 $1,361,751 $1,361,856 $1,365,716 $1,364,060 $1,372,174 Total Debt Service $833,314 $1,136,076 $1,542,251 $1,608,085 $2,086,270 $2,118,748 $2,112,003 $2,114,487 $2,101,403 $2,103,463 Transfer In (Out) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Less: Capital Improvements $6,680,300 $13,752,000 $950,990 $8,494,700 $534,270 $177,870 $279,030 $297,060 $649,980 $805,530 Debt Issued/Grants/Aid $6,000,000 $13,000,000 $0 $8,455,700 $534,270 $177,870 $162,030 $192,060 $649,980 $805,530 Net Annual Cash Flow ($304,962) ($268,450) ($309,050) $886,184 $524,822 $571,532 $542,917 $636,407 $690,096 $621,796 Restricted and Unrestricted Cash Balance: Balance at first of year $5,817,481 $5,512,519 $5,244,069 $4,935,019 $5,821,203 $6,346,025 $6,917,557 $7,460,474 $8,096,881 $8,786,977 Net Annual Cash Flow Addition/(subtraction) ($304,962) ($268,450) ($309,050) $886,184 $524,822 $571,532 $542,917 $636,407 $690,096 $621,796 Balance at end of year $5,512,519 $5,244,069 $4,935,019 $5,821,203 $6,346,025 $6,917,557 $7,460,474 $8,096,881 $8,786,977 $9,408,773 Over (under) Ehlers Target $2,683,951 $1,805,626 $1,337,947 $1,608,200 $2,062,635 $2,605,880 $3,108,984 $3,717,779 $4,358,799 $4,933,905 Sewer "All-in"Debt Coverage 1.45 1.43 1.42 1.58 1.25 1.27 1.31 1.35 1.33 1.30 Water & Sewer "All-in" Debt Coverage 1.31 1.29 1.33 1.79 1.40 1.39 1.41 1.40 1.37 1.33 Water & Sewer Revenue Debt Coverage 1.68 1.63 1.63 2.17 1.77 1.80 1.83 1.85 1.81 1.77 Notes: Legend: 1) Assumes no changes in customer count or usage beyond Test Year. Increase depicted to maintain with assumed O&M inflation 2) Assumes 3.00% annual inflation beyond budget year. Increase needed above inflationary adjustment Projected 17 Sewer: Future Cashflow Projection Page 42 of 139 WATER UTILITY Village of Jackson, WI 2026 FMP 10/9/2026 18 Page 43 of 139 19 Water: Historical Rate Performance Est Budget Component Description 2022 2023 2024 2025 2026 2027 Cash Basis 1 O&M and PILOT $965,471 $1,060,535 $1,158,837 $1,336,392 $1,623,548 $1,831,060 2 Debt $0 $22,420 $191,404 $169,185 $197,400 $266,025 3 Cash Funded Capital $72,293 $942,631 $1,386,509 $1,240,712 $118,440 $159,615 Less: Other Revenue $49,129 $73,136 $52,017 $88,087 $114,332 $65,832 Interest Income $2,831 $31,550 $24,914 $34,302 $23,000 $23,000 Revenue Requirement $985,804 $1,920,900 $2,659,819 $2,623,900 $1,802,056 $2,167,868 (Costs less Other Income) User Rates Revenue $1,344,130 $1,413,393 $1,496,169 $1,596,741 $1,862,210 $1,978,836 Rate Adequacy $358,326 ($507,507) ($1,163,650) ($1,027,159) $60,154 ($189,032) Rate Adjustment Needed 0.00% 35.91% 77.78% 64.33% 0.00% 9.55% Utility Basis (PSC) 1 O&M and PILOT $965,471 $1,060,535 $1,158,837 $1,336,392 $1,623,548 $1,831,060 2 Depreciation $227,420 $233,798 $253,765 $286,467 $280,062 $290,968 NIRB $6,090,124 $6,016,807 $7,019,475 $8,201,966 $8,019,270 $8,381,159 PSC Benchmark ROI % 4.90% 6.50% 6.50% 6.20% 6.50% 6.50% 3 PSC Calculated ROI $298,416 $391,092 $456,266 $508,522 $521,253 $544,775 Less: Other Revenue $49,129 $73,136 $52,017 $88,087 $114,332 $65,832 Revenue Requirement $1,442,178 $1,612,289 $1,816,851 $2,043,294 $2,310,531 $2,600,972 (Costs less Other Income) User Rates Revenue $1,344,130 $1,413,393 $1,496,169 $1,596,741 $1,862,210 $1,978,836 Rate Adequacy ($98,048) ($198,896) ($320,682) ($446,553) ($448,321) ($622,135) Rate Adjustment Needed 7.29% 14.07% 21.43% 27.97% 24.07% 31.44% Shown with no increase Revenue Requirement Page 44 of 139 20 Water: Historical Financial Indicators • Reserves to fund O&M expenses, incl. depreciation, plus next year’s debt (6 mo. Target) • Concerns of aging system Estimated Budget 2023 2024 2025 2026 2027 Target minimum cash balance Target minimum working capital - Ehlers1 1,046,928 1,128,267 1,296,857 1,474,691 1,523,369 Actual Days Cash Available - PSC2 382 389 254 239 208 Actual Days Cash Available - Moody's3 392 429 272 256 221 Actual working capital-cash balance 1,137,479 1,297,855 911,130 1,095,066 1,065,650 Over (Under) Ehlers target 90,552 169,589 (385,727) (379,624) (457,720) Over (Under) PSC target (90 days) 292 299 164 149 118 Over (Under) Moody's target (150 days) 242 279 122 106 71 Actual Page 45 of 139 Budget 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 Revenues Total Revenues from User Rates1 $1,978,836 $2,038,201 $2,099,347 $2,774,078 $2,774,078 $2,774,078 $2,774,078 $2,774,078 $2,774,078 $2,774,078 $2,774,078 Percent Increase to User Rates 0.00% 3.00% 3.00% 32.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Cumulative Percent Rate Increase 0.00% 3.00% 6.09% 40.19% 40.19% 40.19% 40.19% 40.19% 40.19% 40.19% 40.19% Dollar Amount Increase to Revenues $59,365 $61,146 $674,730 $0 $0 $0 $0 $0 $0 $0 Total Other Revenues $88,832 $69,154 $71,849 $72,156 $75,902 $78,953 $81,784 $84,355 $101,563 $104,892 $107,818 Total Revenues $2,067,668 $2,107,356 $2,171,197 $2,846,233 $2,849,979 $2,853,031 $2,855,861 $2,858,433 $2,875,641 $2,878,969 $2,881,895 Less: Expenses Operating and Maintenance2 $1,599,538 $1,647,261 $1,611,286 $1,605,148 $1,653,023 $1,702,330 $1,753,110 $1,805,408 $1,859,268 $1,914,739 $1,971,867 PILOT Payment $231,522 $275,969 $283,831 $283,831 $290,866 $293,152 $298,193 $304,493 $306,772 $312,907 $319,165 Net Before Debt Service and Capital Expenditures $236,608 $184,125 $276,079 $957,254 $906,090 $857,549 $804,558 $748,532 $709,601 $651,323 $590,862 Debt Service Existing Debt P&I $266,025 $238,650 $231,650 $224,650 $217,400 $209,900 $207,725 $200,875 $194,225 $178,100 $157,600 New (2027-2036) Debt Service P&I $0 $22,333 $67,449 $119,003 $215,473 $219,852 $222,371 $259,838 $253,818 $252,623 $256,103 Total Debt Service $266,025 $260,983 $299,099 $343,653 $432,873 $429,752 $430,096 $460,713 $448,043 $430,723 $413,703 Transfer In (Out) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Less: Capital Improvements $382,000 $470,000 $550,600 $683,000 $673,800 $107,800 $98,200 $131,400 $121,200 $488,200 $0 Debt Proceeds $382,000 $420,000 $500,600 $683,000 $673,800 $107,800 $98,200 $116,400 $121,200 $488,200 $0 Net Annual Cash Flow ($29,417) ($126,858) ($73,020) $613,601 $473,217 $427,797 $374,462 $272,819 $261,558 $220,601 $177,160 Restricted and Unrestricted Cash Balance: Balance at first of year $1,095,066 $1,065,650 $938,792 $865,772 $1,479,374 $1,952,590 $2,380,387 $2,754,849 $3,027,668 $3,289,226 $3,509,827 Net Annual Cash Flow Addition/(subtraction) -$29,417 -$126,858 -$73,020 $613,601 $473,217 $427,797 $374,462 $272,819 $261,558 $220,601 $177,160 Balance at end of year $1,065,650 $938,792 $865,772 $1,479,374 $1,952,590 $2,380,387 $2,754,849 $3,027,668 $3,289,226 $3,509,827 $3,686,987 Over (under) Ehlers target ($457,720) ($617,860) ($743,404) ($259,100) $182,437 $580,037 $892,556 $1,147,599 $1,391,154 $1,591,040 $1,925,160 Water "All-in" Debt Coverage 0.89 0.71 0.92 2.79 2.09 2.00 1.87 1.62 1.58 1.51 1.43 Water & Sewer "All-in" Debt Coverage 1.31 1.29 1.33 1.79 1.40 1.39 1.41 1.40 1.37 1.33 1.41 Water & Sewer Revenue Debt Coverage 1.68 1.63 1.64 2.17 1.77 1.80 1.83 1.85 1.81 1.76 1.88 Notes: Legend: 1) Assumes no changes in customer count or usage beyond Test Year. Simplified Rate Case (projected eligibility) 2) Assumes 3.00% annual inflation beyond budget year. Conventional (Full) Rate Case Projected 21 Water: Future Cashflow Projection – Scenario 1 – SRCs & CRC in 2030 Page 46 of 139 Budget 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 Revenues Total Revenues from User Rates1 $1,978,836 $2,038,201 $2,099,347 $2,162,328 $2,227,198 $2,294,014 $2,362,834 $3,048,528 $3,048,528 $3,048,528 $3,048,528 Percent Increase to User Rates 0.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 29.02% 0.00% 0.00% 0.00% Cumulative Percent Rate Increase 0.00% 3.00% 6.09% 9.27% 12.55% 15.93% 19.41% 54.06% 54.06% 54.06% 54.06% Dollar Amount Increase to Revenues $59,365 $61,146 $62,980 $64,870 $66,816 $68,820 $685,694 $0 $0 $0 Total Other Revenues $88,832 $69,154 $71,849 $72,156 $72,843 $73,145 $73,546 $74,020 $83,534 $89,427 $94,943 Total Revenues $2,067,668 $2,107,356 $2,171,197 $2,234,483 $2,300,041 $2,367,158 $2,436,380 $3,122,548 $3,132,062 $3,137,955 $3,143,471 Less: Expenses Operating and Maintenance2 $1,599,538 $1,647,261 $1,611,286 $1,605,148 $1,653,023 $1,702,330 $1,753,110 $1,805,408 $1,859,268 $1,914,739 $1,971,867 PILOT Payment $231,522 $275,969 $283,831 $283,831 $290,866 $293,152 $298,193 $304,493 $306,772 $312,907 $319,165 Net Before Debt Service and Capital Expenditures $236,608 $184,125 $276,079 $345,505 $356,151 $371,676 $385,077 $1,012,647 $966,022 $910,309 $852,438 Debt Service Existing Debt P&I $266,025 $238,650 $231,650 $224,650 $217,400 $209,900 $207,725 $200,875 $194,225 $178,100 $157,600 New (2027-2036) Debt Service P&I $0 $22,333 $67,449 $119,003 $215,473 $219,852 $222,371 $259,838 $253,818 $252,623 $256,103 Total Debt Service $266,025 $260,983 $299,099 $343,653 $432,873 $429,752 $430,096 $460,713 $448,043 $430,723 $413,703 Transfer In (Out) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Less: Capital Improvements $382,000 $470,000 $550,600 $683,000 $673,800 $107,800 $98,200 $131,400 $121,200 $488,200 $0 Debt Proceeds $382,000 $420,000 $500,600 $683,000 $673,800 $107,800 $98,200 $116,400 $121,200 $488,200 $0 Net Annual Cash Flow ($29,417) ($126,858) ($73,020) $1,852 ($76,722) ($58,076) ($45,019) $536,935 $517,980 $479,586 $438,736 Restricted and Unrestricted Cash Balance: Balance at first of year $1,095,066 $1,065,650 $938,792 $865,772 $867,624 $790,902 $732,826 $687,807 $1,224,741 $1,742,721 $2,222,307 Net Annual Cash Flow Addition/(subtraction) -$29,417 -$126,858 -$73,020 $1,852 -$76,722 -$58,076 -$45,019 $536,935 $517,980 $479,586 $438,736 Balance at end of year $1,065,650 $938,792 $865,772 $867,624 $790,902 $732,826 $687,807 $1,224,741 $1,742,721 $2,222,307 $2,661,043 Over (under) Ehlers target ($457,720) ($617,860) ($743,404) ($870,849) ($979,252) ($1,067,524) ($1,174,487) ($655,327) ($155,351) $303,520 $899,216 Water "All-in" Debt Coverage 0.89 0.71 0.92 1.01 0.82 0.86 0.90 2.20 2.16 2.11 2.06 Water & Sewer "All-in" Debt Coverage 1.31 1.29 1.33 1.47 1.18 1.20 1.24 1.50 1.47 1.43 1.52 Water & Sewer Revenue Debt Coverage 1.68 1.63 1.64 1.82 1.51 1.57 1.63 1.97 1.94 1.89 2.00 Notes: Legend: 1) Assumes no changes in customer count or usage beyond Test Year. Simplified Rate Case (projected eligibility) 2) Assumes 3.00% annual inflation beyond budget year. Conventional (Full) Rate Case Projected 22 Water: Future Cashflow Projection – Scenario 2 – SRCs & Delay CRC to 2034 Page 47 of 139 23 Water & Sewer Impact on Avg. Res. Bill – Water Scenario 1 Year Increase Water Vol. Charge1 Water User Charge2 Utility Bill (Quarterly) Change Over Prior Year Increase Sewer Vol. Charge3 Sewer User Charge3 Utility Bill (Quarterly) Change Over Prior Year Utility Bill (Annual) Change Over Prior Year % of MHI (93,170) Year Tiered Serv. + PFP 1,000 Gal Gen Service 2026 4.25 62.85 101.10 $ 7.58 71.79 140.01$ 964.44$ 1.04% 2026 2027 0.00% 4.25 62.85 101.10 $ - $ 18.00% 8.94 84.71 165.21$ 25.20$ 1,065.25$ 100.81$ 1.14% 2027 2028 3.00% 4.38 64.74 104.13 $ 3.03$ 18.00% 10.55 99.96 194.95$ 29.74$ 1,196.33$ 131.08$ 1.28% 2028 2029 3.00% 4.51 66.68 107.26 $ 3.12$ 18.00% 12.45 117.95 230.04$ 35.09$ 1,349.19$ 152.86$ 1.45% 2029 2030 32.14% 5.96 88.11 141.73 $ 34.47$ 10.00% 13.70 129.75 253.05$ 23.00$ 1,579.10$ 229.91$ 1.69% 2030 2031 0.00% 5.96 88.11 141.73 $ - $ 3.00% 14.11 133.64 260.64$ 7.59$ 1,609.46$ 30.37$ 1.73% 2031 2032 0.00% 5.96 88.11 141.73 $ - $ 3.00% 14.53 137.65 268.46$ 7.82$ 1,640.74$ 31.28$ 1.76% 2032 2033 0.00% 5.96 88.11 141.73 $ - $ 3.00% 14.97 141.78 276.51$ 8.05$ 1,672.95$ 32.21$ 1.80% 2033 2034 0.00% 5.96 88.11 141.73 $ - $ 3.00% 15.42 146.03 284.80$ 8.30$ 1,706.14$ 33.18$ 1.83% 2034 2035 0.00% 5.96 88.11 141.73 $ - $ 0.00% 15.42 146.03 284.80$ - $ 1,706.14$ - $ 1.83% 2035 2036 0.00% 5.96 88.11 141.73 $ - $ 0.00% 15.42 146.03 284.80$ - $ 1,706.14$ - $ 1.83% 2036 Total Change over planning period 40.63 $ 144.79 $ 741.70 $ Notes: 1. Current water volumetric rate is $4.25 per 1,000 gal for the first 30K gal, $3.99 per 1,000 gal for the next 1.50M gal, and $2.84 per 1,000 gal over $1.53M gal 2. The water user charges include a quarterly service charge of $27.00 plus a public fire protection charge of $35.85 for a 5/8 inch meter. 3. The current Sewer volumetric rate is $7.58 per 1,000 gallons and a service charge of $71.79 for 5/8 inch meter. 4. The usage is assumed to be 9,000 Gallons per quarter. Water Sewer Page 48 of 139 24 Water & Sewer Impact on Avg. Res. Bill – Water Scenario 2 Year Increase Water Vol. Charge1 Water User Charge2 Utility Bill (Quarterly) Change Over Prior Year Increase Sewer Vol. Charge3 Sewer User Charge3 Utility Bill (Quarterly) Change Over Prior Year Utility Bill (Annual) Change Over Prior Year % of MHI (93,170) Year Tiered Serv. + PFP 1,000 Gal Gen Service 2026 4.25 62.85 101.10 $ 7.58 71.79 140.01$ 964.44$ 1.04% 2026 2027 0.00% 4.25 62.85 101.10 $ - $ 18.00% 8.94 84.71 165.21$ 25.20$ 1,065.25$ 100.81$ 1.14% 2027 2028 3.00% 4.38 64.74 104.13 $ 3.03$ 18.00% 10.55 99.96 194.95$ 29.74$ 1,196.33$ 131.08$ 1.28% 2028 2029 3.00% 4.51 66.68 107.26 $ 3.12$ 18.00% 12.45 117.95 230.04$ 35.09$ 1,349.19$ 152.86$ 1.45% 2029 2030 3.00% 4.64 68.68 110.47 $ 3.22$ 10.00% 13.70 129.75 253.05$ 23.00$ 1,454.08$ 104.89$ 1.56% 2030 2031 3.00% 4.78 70.74 113.79 $ 3.31$ 3.00% 14.11 133.64 260.64$ 7.59$ 1,497.70$ 43.62$ 1.61% 2031 2032 3.00% 4.93 72.86 117.20 $ 3.41$ 3.00% 14.53 137.65 268.46$ 7.82$ 1,542.63$ 44.93$ 1.66% 2032 2033 3.00% 5.07 75.05 120.72 $ 3.52$ 3.00% 14.97 141.78 276.51$ 8.05$ 1,588.91$ 46.28$ 1.71% 2033 2034 29.02% 6.55 96.82 155.75 $ 35.03$ 3.00% 15.42 146.03 284.80$ 8.30$ 1,762.22$ 173.31$ 1.89% 2034 2035 0.00% 6.55 96.82 155.75 $ - $ 0.00% 15.42 146.03 284.80$ - $ 1,762.22$ - $ 1.89% 2035 2036 0.00% 6.55 96.82 155.75 $ - $ 0.00% 15.42 146.03 284.80$ - $ 1,762.22$ - $ 1.89% 2036 Total Change over planning period 54.65 $ 144.79 $ 797.78 $ Notes: 1. Current water volumetric rate is $4.25 per 1,000 gal for the first 30K gal, $3.99 per 1,000 gal for the next 1.50M gal, and $2.84 per 1,000 gal over $1.53M gal 2. The water user charges include a quarterly service charge of $27.00 plus a public fire protection charge of $35.85 for a 5/8 inch meter. 3. The current Sewer volumetric rate is $7.58 per 1,000 gallons and a service charge of $71.79 for 5/8 inch meter. 4. The usage is assumed to be 9,000 Gallons per quarter. Water Sewer Page 49 of 139 FMP SUMMARY 10/9/2026 25 Page 50 of 139 26 • One - year budget has multi - year impact • Importance of capital planning & allocating levy for capital ✓ Direction needed on desired Tax Bill Impact (note levy for capital $ amount may change slightly once final assessed value w/ manufacturing is known – typically, by 11/1, but may be sooner) • Early 2027 Preliminary Financing Planning ✓ 2027 G.O. Notes – Capital Projects & Water only (Sewer cash funded) • Implement 18% Sewer rate increase for 1/1/2027 ✓ Adopt resolution at November 2026 meeting • Consider next SRC for water utility and timing for next CRC ✓ Not eligible for next SRC until current rates are in effect 12 mos (April 2027) and 2026 PSC Annual Report has been filed (due May 2027 ) FMP Outcomes & Looking Ahead Page 51 of 139 27 A Q & Page 52 of 139 Appendix Capital Improvement Plan & Funding Uses Village of Jackson, WI Projects Department Purpose Plan Issue Funding 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 Totals STH 60 (Northside) Industrial Dr to Hasmer Lake parking lot Cap. Projects Pathway None Cash 170,000 170,000 STH 60 (Northside) Ridgeway Dr to Eagle Dr Cap. Projects Pathway None Cash 39,000 Jackson Drive (North) (2036) Crestview Dr to Cedar Creek Cap. Projects Pathway None Cash 0 100,000 STH 60 (Southside) (2047) Ridgeway to Eagle Dr Cap. Projects Pathway None Cash 0 STH 60 (Northside) (2043) CTH P to Tillie Lake Court Cap. Projects Pathway None Cash 40,000 Glen Brooke Drive - Glen Hill Dr to Sherman Rd (2025 reconstruct) Cap. Projects Pathway None Cash 0 Hickory Lane Park Path - (2024 reconstruct) Cap. Projects Pathway None Cash 0 Jackson Drive (Southside) - White Oak Cir to Sherman Rd Cap. Projects Pathway None Cash 150,000 0 150,000 Industrial Drive - STH 60 to north 2000 ft Cap. Projects Streets - Improvements 2028 G.O. Notes G.O. Debt 987,000 987,000 Industrial Drive - STH 60 to north 2000 ft Water Water - Improvements 2028 G.O. Notes G.O. Debt 420,000 420,000 Industrial Drive - STH 60 to north 2000 ft Sewer Sewer - Improvements None Cash 693,000 693,000 Meadow Lane - Industrial Drive to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 0 1,218,240 Meadow Lane - Industrial Drive to Dead End Water Water - Improvements Future Issuance Revenue Debt 0 518,400 Meadow Lane - Industrial Drive to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 0 855,360 Colonial Lane - Hazelwood Lane to Westfield Drive Cap. Projects Streets - Improvements 2029 G.O. Notes G.O. Debt 330,410 330,410 Colonial Lane - Hazelwood Lane to Westfield Drive Water Water - Improvements 2029 G.O. Notes G.O. Debt 140,600 140,600 Colonial Lane - Hazelwood Lane to Westfield Drive Sewer Sewer - Improvements None Cash 231,990 231,990 Westfield Drive - Parkview Drive to Francis Drive Cap. Projects Streets - Improvements 2029 G.O. Notes G.O. Debt 846,000 846,000 Westfield Drive - Parkview Drive to Francis Drive Water Water - Improvements 2029 G.O. Notes G.O. Debt 360,000 360,000 Westfield Drive - Parkview Drive to Francis Drive Sewer Sewer - Improvements None Cash 594,000 594,000 Ridgeway Drive - Willow Ridge to Highland Road Cap. Projects Streets - Improvements 2030 G.O. Notes G.O. Debt 665,050 665,050 Ridgeway Drive - Willow Ridge to Highland Road Water Water - Improvements 2030 G.O. Notes G.O. Debt 283,000 283,000 Ridgeway Drive - Willow Ridge to Highland Road Sewer Sewer - Improvements 2030 G.O. Notes G.O. Debt 466,950 466,950 Jackson Drive (South) - 260 ft south of STH 60 to 1,000 ft south of 60 Water Water - Improvements 2030 G.O. Notes G.O. Debt 175,000 175,000 Jackson Drive (South) - 260 ft south of STH 60 to 1,000 ft south of 60 Sewer Sewer - Improvements 2030 G.O. Notes G.O. Debt 288,750 288,750 Jackson Drive South (Hwy 60 to 1000' South) Cap. Projects Streets - Improvements 2030 G.O. Notes G.O. Debt 411,250 411,250 Jackson Drive (North) - STH 60 to Georgetown Drive Cap. Projects Streets - Improvements 2027 G.O. Notes G.O. Debt 238,800 238,800 Jackson Drive (North) - STH 60 to Georgetown Drive Cap. Projects Streets - Improvements None Grants/Aids 47,900 47,900 Jackson Drive (North) - STH 60 to Georgetown Drive Water Water - Improvements 2027 G.O. Notes G.O. Debt 122,000 122,000 Jackson Drive (North) - STH 60 to Georgetown Drive Sewer Sewer - Improvements None Cash 201,300 201,300 Georgetown Drive - Jackson Drive to Wilshire Drive Cap. Projects Streets - Improvements 2027 G.O. Notes G.O. Debt 611,000 611,000 Georgetown Drive - Jackson Drive to Wilshire Drive Water Water - Improvements 2027 G.O. Notes G.O. Debt 260,000 260,000 Georgetown Drive - Jackson Drive to Wilshire Drive Sewer Sewer - Improvements None Cash 429,000 429,000 Jackson Drive South (Town) Cap. Projects Streets - Improvements 2027 G.O. Notes G.O. Debt 125,000 125,000 Glennbrook Drive (South) Cap. Projects Streets - Improvements 2028 G.O. Notes G.O. Debt 750,000 750,000 N. Center Street - STH 60 to Tower Drive Cap. Projects Streets - Improvements 2031 G.O. Notes G.O. Debt 760,930 760,930 N. Center Street - STH 60 to Tower Drive Water Water - Improvements 2031 G.O. Notes G.O. Debt 323,800 323,800 N. Center Street - STH 60 to Tower Drive Sewer Sewer - Improvements 2031 G.O. Notes G.O. Debt 534,270 534,270 Old Orchard Court - Ridgeway Drive to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 235,470 Old Orchard Court - Ridgeway Drive to Dead End Water Water - Improvements Future Issuance Revenue Debt 100,200 Old Orchard Court - Ridgeway Drive to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 165,330 Cherry Hill Court - Ridgeway Drive to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 236,880 Cherry Hill Court - Ridgeway Drive to Dead End Water Water - Improvements Future Issuance Revenue Debt 100,800 Cherry Hill Court - Ridgeway Drive to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 166,320 Cherry Hill Circle - Ridgeway Drive to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 246,280 Cherry Hill Circle - Ridgeway Drive to Dead End Water Water - Improvements Future Issuance Revenue Debt 104,800 Cherry Hill Circle - Ridgeway Drive to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 172,920 Forest View Drive - Hickory Lane to Dead End Cap. Projects Streets - Improvements 2032 G.O. Notes G.O. Debt 253,330 253,330 Forest View Drive - Hickory Lane to Dead End Water Water - Improvements 2032 G.O. Notes G.O. Debt 107,800 107,800 Forest View Drive - Hickory Lane to Dead End Sewer Sewer - Improvements 2032 G.O. Notes G.O. Debt 177,870 177,870 Eastwood Circle - Forest View to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 230,770 230,770 Eastwood Circle - Forest View to Dead End Water Water - Improvements Future Issuance Revenue Debt 98,200 98,200 Eastwood Circle - Forest View to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 162,030 162,030 Clover Lane - Hickory Lane to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 273,540 273,540 Clover Lane - Hickory Lane to Dead End Water Water - Improvements Future Issuance Revenue Debt 116,400 116,400 Clover Lane - Hickory Lane to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 192,060 192,060 Heather Lane - Hickory Lane to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 284,820 284,820 Heather Lane - Hickory Lane to Dead End Water Water - Improvements Future Issuance Revenue Debt 121,200 121,200 Heather Lane - Hickory Lane to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 199,980 199,980 Stonehedge Drive - Forest View to Hickory Lane Cap. Projects Streets - Improvements Future Issuance G.O. Debt 1,147,270 1,147,270 Stonehedge Drive - Forest View to Hickory Lane Water Water - Improvements Future Issuance Revenue Debt 488,200 488,200 Stonehedge Drive - Forest View to Hickory Lane Sewer Sewer - Improvements Future Issuance Revenue Debt 805,530 805,530 Hickory Lane - Heather Drive to Sherman Road Cap. Projects Streets - Improvements Future Issuance G.O. Debt 693,250 Hickory Lane - Heather Drive to Sherman Road Water Water - Improvements Future Issuance Revenue Debt 295,000 Hickory Lane - Heather Drive to Sherman Road Sewer Sewer - Improvements Future Issuance Revenue Debt 486,750 Cedar Run Drive - Hickory Lane to Dead End Cap. Projects Streets - Improvements Future Issuance G.O. Debt 945,170 Cedar Run Drive - Hickory Lane to Dead End Water Water - Improvements Future Issuance Revenue Debt 402,200 Cedar Run Drive - Hickory Lane to Dead End Sewer Sewer - Improvements Future Issuance Revenue Debt 663,630 Hemlock Street - Spruce Street to Hickory Lane Cap. Projects Streets - Improvements Future Issuance G.O. Debt 937,180 Hemlock Street - Spruce Street to Hickory Lane Water Water - Improvements Future Issuance Revenue Debt 398,800 Page 53 of 139 Hemlock Street - Spruce Street to Hickory Lane Sewer Sewer - Improvements Future Issuance Revenue Debt 658,020 CPR Training Equipment - Manikins/AED Trainers Fire/EMS Fire - Building None Cash 4,000 4,900 8,900 CPR Training Equipment - Manikins/AED Trainers Fire/EMS Fire - Building None Cash 0 CPR Training Equipment - Manikins/AED Trainers Fire/EMS Fire - Building None Cash 0 Paging System Updates/Upgrades Fire/EMS Fire - Building 2028 G.O. Notes G.O. Debt 120,500 120,500 Replace Gear Washers Fire/EMS Fire - Building None Cash 10,000 10,000 Replace Gear Washers Fire/EMS Fire - Building None Cash 13,000 13,000 Gear Dryers Fire/EMS Fire - Building None Cash 20,200 20,200 IT Updates/Upgrades - Classroom Fire/EMS Fire - Building None Cash 13,500 13,500 Replace TV monitors - Bay, Offices, Bunkrooms, Kitchen, Dayroom Fire/EMS Fire - Building None Cash 21,800 21,800 Landscaping refresh/pond maintenace Fire/EMS Fire - Building None Cash 72,600 72,600 Furniture replacement - recliners, kitchen chairs, office chairs Fire/EMS Fire - Building None Cash 14,500 14,500 Water Heater Replacement Fire/EMS Fire - Building None Cash 31,300 31,300 Replace Carpet - Offices, Training Rooms, Dayroom, Bunkrooms Fire/EMS Fire - Building None Cash 17,500 Replace Flooring - Admin, Reception, Kitchen Fire/EMS Fire - Building None Cash 17,500 Appliance Replacment Fire/EMS Fire - Building None Cash 14,000 HVAC Maintenance/Upgrades Fire/EMS Fire - Building Future Issuance G.O. Debt 524,900 Buildng Fire Alarm System Updates/Upgrades Fire/EMS Fire - Building None Cash 17,500 Parking Lot Repairs/Seal coating Fire/EMS Fire - Building Future Issuance G.O. Debt 175,000 Vehicle Exhaust Sytem Repairs/Updates Fire/EMS Fire - Building Future Issuance G.O. Debt 87,500 Replace mobile radios in station Fire/EMS Fire - Building None Cash 35,000 Rescue Structs Fire/EMS Fire - Equip. None Cash 0 Heart Monitors - 1250, 1251, Paramedic First Responder (2026) Fire/EMS Fire - Equip. None G.O. Debt 0 0 Fire Hose Fire/EMS Fire - Equip. None Cash 0 Loose Equipment Engine 1261 Fire/EMS Fire - Equip. None Cash 100,000 100,000 Loose Equipment Engine 1262 Fire/EMS Fire - Equip. None Cash 67,400 67,400 Loose Equipment Engine 1263 Fire/EMS Fire - Equip. None Cash 81,200 81,200 Replace Ventilation Saws Fire/EMS Fire - Equip. None Cash 0 Power Cot and Loading Systems Fire/EMS Fire - Equip. 2028 G.O. Notes G.O. Debt 157,000 157,000 AED's - first responders, 1285 Fire/EMS Fire - Equip. None Cash 0 Replace Ventilation Vents Fire/EMS Fire - Equip. None Cash 0 0 Stair Chairs Fire/EMS Fire - Equip. None Cash 24,100 24,100 Air Bags Fire/EMS Fire - Equip. None Cash 0 0 Replace SCBA's Fire/EMS Fire - Equip. Future Issuance G.O. Debt 452,000 452,000 Brush Rig Skid Unit Fire/EMS Fire - Equip. None Cash 32,500 32,500 Replace Generators - 1270 Fire/EMS Fire - Equip. None Cash 4,900 Mobile/Portable Radios Fire/EMS Fire - Equip. Future Issuance G.O. Debt 487,000 1290 (1992 IHC 4900) Tender Fire/EMS Fire - Apparatus None Cash 0 1261 (2005 Pierce Lance) Engine Fire/EMS Fire - Apparatus 2029 G.O. Notes G.O. Debt 1,209,907 1,209,907 1250 (2015 Braun) Ambulance Fire/EMS Fire - Apparatus 2028 G.O. Notes G.O. Debt 340,342 340,342 1281 (2012 Chevy Tahoe) Utility Fire/EMS Fire - Apparatus None Cash 85,988 85,988 1291 (2011 IHC 4000) Tender Fire/EMS Fire - Apparatus 2029 G.O. Notes G.O. Debt 525,000 525,000 1282 (2010 Chevy 3500) Truck Fire/EMS Fire - Apparatus None Cash 93,362 93,362 1283 (2015 Chevy 2500) Truck Fire/EMS Fire - Apparatus None Cash 97,284 97,284 1260 (2008 Pierce Enforcer) Engine Fire/EMS Fire - Apparatus 2032 G.O. Notes G.O. Debt 1,547,450 1,547,450 1285 (2008 GMC 5500) Utility Fire/EMS Fire - Apparatus Future Issuance G.O. Debt 386,048 386,048 1251 (2023 Lifeline) Ambulance Fire/EMS Fire - Apparatus Future Issuance G.O. Debt 367,384 367,384 1280 (2023 Chevy Tahoe) Utility Fire/EMS Fire - Apparatus None Cash 0 1270 (2019 Pierce Velocity) Quint Fire/EMS Fire - Apparatus Future Issuance G.O. Debt 129,752 Third Ambulance Fire/EMS Fire - Apparatus None Cash 0 Plow #1 - International Snow Plow (2009) Cap. Projects Streets - Equip./Vehicle 2028 G.O. Notes G.O. Debt 300,000 300,000 Plow #2 - International Snow Plow (2013) Cap. Projects Streets - Equip./Vehicle Future Issuance G.O. Debt 330,000 330,000 Plow #5 - International Snow Plow (2025) Replace 2044 Cap. Projects Streets - Equip./Vehicle None Cash 0 EQS #5 - Backhoe/Loader Caterpillar (2012) Cap. Projects Streets - Equip./Vehicle 2032 G.O. Notes G.O. Debt 250,000 250,000 Dump #1 - 1 ton Dump Truck (2005) Cap. Projects Streets - Equip./Vehicle None Cash 0 Dump #2 - 1 ton Dump Truck (2009) Cap. Projects Streets - Equip./Vehicle 2027 G.O. Notes G.O. Debt 85,000 0 85,000 Dump #3 - 1 ton Dump Truck (2013) Cap. Projects Streets - Equip./Vehicle 2032 G.O. Notes G.O. Debt 90,000 90,000 Dump #4 - 1 ton Dump Truck (2022) Cap. Projects Streets - Equip./Vehicle None Cash 95,000 Bucket #1 - bucket truck (2002) Cap. Projects Streets - Equip./Vehicle None Cash 0 0 EQS #1 - John Deer Loader (1992) Cap. Projects Streets - Equip./Vehicle Future Issuance G.O. Debt 325,000 325,000 Truck S #1 - Street Pick-up Cap. Projects Streets - Equip./Vehicle 2029 G.O. Notes G.O. Debt 0 65,000 65,000 Trailer S #1 - Equipment Trailer (1992) Cap. Projects Streets - Equip./Vehicle None Cash 12,000 0 12,000 Inspection Vehicle Chevy Colorado (2024) Cap. Projects Building Inspection - Equip./VehicleNone Cash 0 EQS #7 - Sand-Pro Ball Field Groomer (2015) Cap. Projects Streets - Equip./Vehicle None Cash 50,000 50,000 EQS #8 - Skid Steer Loader (2015) Cap. Projects Streets - Equip./Vehicle 2029 G.O. Notes G.O. Debt 75,000 75,000 EQS #9 - Turf Mower (2018) Cap. Projects Streets - Equip./Vehicle None Cash 0 EQS #10 - Turf Mower (2019) Cap. Projects Streets - Equip./Vehicle None Cash 0 ENG #1 - Director Public Works Vehicle Cap. Projects Streets - Equip./Vehicle None Cash 0 ENG #3 - Chevy Colorado (2026) Cap. Projects Streets - Equip./Vehicle None Cash 0 EQS #12 - Case Front End Loader (2023) Replace 2045 Cap. Projects Streets - Equip./Vehicle Future Issuance G.O. Debt 375,000 Plow #3 - International Snow Plow (2019) Cap. Projects Streets - Equip./Vehicle Future Issuance G.O. Debt 345,000 EQS #13 - Vermeer Chipper (2026) Cap. Projects Streets - Equip./Vehicle None Cash 0 Plow #4 - International Snow Plow (2022) Cap. Projects Streets - Equip./Vehicle Future Issuance G.O. Debt 360,000 EQS #4 - SnoGo Snowblower (2000) Cap. Projects Streets - Equip./Vehicle 2030 G.O. Notes G.O. Debt 150,000 150,000 EQS #3 - JLG Electric Boom Lift (2000) Cap. Projects Streets - Equip./Vehicle None Cash 65,000 65,000 EQS #2 - Water Reel (1999) Cap. Projects Streets - Equip./Vehicle None Cash 10,000 10,000 Sweep #1 - Isuzu (2009) Cap. Projects Streets - Equip./Vehicle 2031 G.O. Notes G.O. Debt 315,000 315,000 Sweep #1 - Isuzu (2009) Cap. Projects Streets - Equip./Vehicle None Cash 0 Sweep #1 - Isuzu (2009) Cap. Projects Streets - Equip./Vehicle None Cash 0 EQS #11 - Bobcat Tool Cat (2023) Replace in 2045 Cap. Projects Streets - Equip./Vehicle None Cash 90,000 Page 54 of 139 CJIS Server replacement Cap. Projects Police None Cash 10,844 10,844 CJIS Server replacement Cap. Projects Police None Cash 10,844 10,844 CJIS Server replacement Cap. Projects Police None Cash 10,844 Motorola Server replacement Cap. Projects Police None Cash 10,000 Lexipol Policies Management Software Cap. Projects Police None Cash 0 Taser Replacements (every 5 years) Cap. Projects Police None Cash 20,000 20,000 60,000 Squad/Body Cameras (Cradlepoint devices & Installation) Cap. Projects Police None Cash 137,500 137,500 Squad/Body Cameras (Cradlepoint devices & Installation) Cap. Projects Police 2032 G.O. Notes G.O. Debt 145,000 145,000 Squad/Body Cameras (Cradlepoint devices & Installation) Cap. Projects Police Future Issuance G.O. Debt 153,000 Squad/Body Cameras (Cradlepoint devices & Installation) Cap. Projects Police Future Issuance G.O. Debt 161,000 In-squad Motorola Watchguard cameras Cap. Projects Police None Cash 0 0 0 Midwest Fiber relocation Cap. Projects Municipal Complex None Cash 0 Server Replacement Cap. Projects Municipal Complex None Cash 24,000 25,500 27,000 105,000 Ice Machine Cap. Projects Clerk None Cash 6,000 6,000 4 Badger Books Cap. Projects Treasurer None Cash 0 ERP Install Cap. Projects Treasurer None Cash 100,000 100,000 ERP Annual Maintenance Cap. Projects Treasurer None Cash 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 400,000 VB Streaming System Cap. Projects Administration 2029 G.O. Notes G.O. Debt 150,000 150,000 VB Streaming System Cap. Projects Administration Future Issuance G.O. Debt 150,000 Admin Conference Teams room Cap. Projects Administration None Cash 15,000 30,000 Card Readers Cap. Projects Municipal Complex None Cash 34,200 68,400 Strikes Cap. Projects Municipal Complex None Cash 30,000 60,000 Door Controllers Cap. Projects Municipal Complex None Cash 20,000 40,000 Network Switches Cap. Projects Municipal Complex None Cash 15,000 30,000 Access Points Cap. Projects Municipal Complex None Cash 13,000 26,000 JCC Replace Roof on existing building Cap. Projects Community Center 2029 G.O. Notes G.O. Debt 100,000 100,000 JCC HVAC Unit Replacement Cap. Projects Community Center None Cash 15,000 15,000 15,000 15,000 60,000 JCC Weight Room Cap. Projects Community Center None Grants/Aids 50,000 50,000 Fiber Internet and Security Cameras - Hickory Lane Park and Splash Pad Cap. Projects Parks & Rec None Cash 0 Fiber Internet and Security Cameras - Jackson Park Cap. Projects Parks & Rec None Cash 0 Hickory Lane Park - path lighting and replacement of benches Cap. Projects Parks & Rec None Grants/Aids 0 Jackson Park - Picnic Table Replacement Cap. Projects Parks & Rec None Cash 0 Hasmer Lake Park - Acquisition of 2 adjacent properties Cap. Projects Parks & Rec None Grants/Aids 0 Hasmer Lake Park - Park Development per Master Plan (shelter, trails, nature scaping)Cap. Projects Parks & Rec None Grants/Aids 0 Hasmer Lake Park - Park Development Engineering Cap. Projects Parks & Rec None Special Assessment/Impact Fees 0 Hasmer Lake Park - Park Development per Master Plan (shelter, trails, nature scaping)Cap. Projects Parks & Rec 2027 G.O. Notes G.O. Debt 3,500,000 3,500,000 Jackson Park Master Plan, Long Range Planning Cap. Projects Parks & Rec None Cash 0 0 Jackson Park Skate Park, Equipment Replacement Cap. Projects Parks & Rec None Cash 50,000 50,000 100,000 Jackson Park South Playground (Equip replacement) Cap. Projects Parks & Rec 2030 G.O. Notes G.O. Debt 200,000 200,000 Jackson Park North Playground Cap. Projects Parks & Rec 2030 G.O. Notes G.O. Debt 50,000 50,000 Jackson Park Kitchen/Shelter #3 TBD Cap. Projects Parks & Rec None Cash 0 Jackson Park Concession Building TBD Cap. Projects Parks & Rec None Cash 0 Jackson Park Pickleball/Tennis/Basketball Court Surface Replacement Cap. Projects Parks & Rec 2031 G.O. Notes G.O. Debt 150,000 150,000 Jackson Park Ball Field Cap. Projects Parks & Rec 2029 G.O. Notes G.O. Debt 300,000 300,000 Hickory Lane Inclusive Playground Cap. Projects Parks & Rec Future Issuance G.O. Debt 400,000 400,000 Hickory Lane Splash Park Equipment Replacement Cap. Projects Parks & Rec None Cash 20,000 20,000 20,000 60,000 Meadowview Park Playground Cap. Projects Parks & Rec Future Issuance G.O. Debt 100,000 100,000 Reis Park Playground Cap. Projects Parks & Rec None Cash 50,000 50,000 Tornado Siren Replacement JMC Cap. Projects Emergency Government None Cash 27,000 27,000 Tornado Siren Replacement DQ Cap. Projects Emergency Government None Cash 27,000 27,000 Trailer W #1 - Equipment Trailer (2044) Water Water - Equip./Vehicle None Cash 0 Truck W #1 - 5 Yard Dump Truck Water Water - Equip./Vehicle 2030 G.O. Notes G.O. Debt 225,000 225,000 Truck W #2 -Sierra 2500 Pick Up Truck Water Water - Equip./Vehicle None Cash 0 50,000 50,000 Truck W #3 - Sierra 2500 Pick Up Truck Water Water - Equip./Vehicle None Cash 0 50,000 50,000 Truck W #4 - Silverado Service 3500 Truck Water Water - Equip./Vehicle None Cash 90,000 Truck W #5 - Silverado Service 3500 Truck with Plow Water Water - Equip./Vehicle None Cash 105,000 EQW2 - Takeuchi TB 250 (2045) Water Water - Equip./Vehicle None Cash 0 Trailer W2 - Hydraulic Trailer (hydraulics, breaker, generator) Water Water - Equip./Vehicle None Cash 0 15,000 15,000 Fiber and Cameras to Well 1, 4 and 5 Water Water - Improvements None Cash 0 Addition to DPW and Water Utility Vehicle Garage Water Water - Equip./Vehicle 2031 G.O. Notes G.O. Debt 0 350,000 350,000 Addition to DPW and Water Utility Vehicle Garage Cap. Projects Public Works Facility 2031 G.O. Notes G.O. Debt 0 350,000 350,000 EQWW1-Portable 6" Pump Sewer Sewer - Equip./Vehicle None Cash 35,000 35,000 EQWW2 - Bobcat Skid Steer Loader Sewer Sewer - Equip./Vehicle None Cash 85,000 85,000 EQWW3 - Case IH Tractor and Mower Sewer Sewer - Equip./Vehicle None Cash 65,000 65,000 Truck WW #1 -Sterling 24' Stake Bed Truck Sewer Sewer - Equip./Vehicle None Cash 115,000 115,000 Truck WW #2 - GMC Pick up Truck Sewer Sewer - Equip./Vehicle None Cash 50,000 50,000 Trailer WW1- Sno-Bird Trailer Sewer Sewer - Equip./Vehicle None Cash 12,000 12,000 EQWW#4 -Aries Sewer Camera Sewer Sewer - Equip./Vehicle None Cash 0 20,000 20,000 Truck WW #3 - Chevy Service Truck Sewer Sewer - Equip./Vehicle None Cash 0 EQWW13 - Electric Scissors Lift Sewer Sewer - Equip./Vehicle None Cash 0 TrailerWW2 - Equipment Trailer Sewer Sewer - Equip./Vehicle None Cash 10,000 10,000 EQWW6 - Walk Behind Concrete Saw Sewer Sewer - Equip./Vehicle None Cash 9,000 9,000 EQWW7 - Lateral Push Camera Sewer Sewer - Equip./Vehicle None Cash 0 0 EQWW8 - Toro Turf Mower Sewer Sewer - Equip./Vehicle None Cash 0 EQWW9 - Kubota UTV Sewer Sewer - Equip./Vehicle None Cash 75,000 Truck WW #4 -Ford Bucket Truck Sewer Sewer - Equip./Vehicle Future Issuance G.O. Debt 250,000 Truck WW #5 - International Vac Truck Sewer Sewer - Equip./Vehicle Future Issuance G.O. Debt 450,000 450,000 EQWW10-Toro Mower Sewer Sewer - Equip./Vehicle None Cash 19,000 19,000 EQWW11 - Hathom Push Camera Sewer Sewer - Equip./Vehicle None Cash 0 15,000 15,000 EQWW12 - Scag Turf Tiger 61" Sewer Sewer - Equip./Vehicle None Cash 20,000 20,000 Page 55 of 139 EQS#14 - Scag Turf Tiger 72" Sewer Sewer - Equip./Vehicle None Cash 20,000 20,000 EQS#15 - Scag Turf Tiger 72" Sewer Sewer - Equip./Vehicle None Cash 20,000 20,000 Truck WW#7 Chevy Colorado (2026) Sewer Sewer - Equip./Vehicle None Cash 0 Fiber and Cameras to Lift Station Sherman Road Sewer Sewer - Improvements None Cash 0 Digitizing Clerk files, Treasurer Files, DPW files Cap. Projects Admininstration None Cash 0 Digitizing Clerk files, Treasurer Files, DPW files Cap. Projects Admininstration None Cash 25,000 25,000 Digitizing Clerk files, Treasurer Files, DPW files Cap. Projects Admininstration None Cash 25,000 25,000 Digitizing Clerk files, Treasurer Files, DPW files Cap. Projects Admininstration None Cash 25,000 25,000 Future Commercial Site Utility Improvements TID 7 TID 7 2028 G.O. Notes G.O. Debt 0 1,500,000 1,500,000 WWTP Improvements Phase 2A - Aeration Basin & Phase 1 Service Building/BlowerSewer Sewer - Improvements 2027 CWF Loan Revenue Debt 6,000,000 6,000,000 WWTP Improvements Phase 2A - Process Upgrades Sewer Sewer - Improvements 2028 CWF Loan Revenue Debt 13,000,000 13,000,000 WWTP Improvements Phase 2B - Solids Handling Sewer Sewer - Improvements 2030 CWF Loan Revenue Debt 7,700,000 7,700,000 Actual CIP Costs 11,997,500 18,733,226 5,373,751 11,107,562 3,053,588 2,766,450 1,957,948 1,682,228 1,132,300 2,949,600 74,665,249 Sources of Funding G.O. Debt 4,941,800 4,574,842 4,101,917 2,915,000 2,784,000 2,571,450 1,446,818 1,092,924 734,820 1,472,270 34,346,463 Water 382,000 420,000 500,600 683,000 673,800 107,800 0 0 0 0 2,767,200 Sewer 0 0 0 755,700 534,270 177,870 0 0 450,000 0 2,167,840 Cap. Projects 4,559,800 2,037,000 1,866,410 1,476,300 1,575,930 738,330 1,060,770 273,540 284,820 1,472,270 21,401,640 Fire/EMS 0 617,842 1,734,907 0 0 1,547,450 386,048 819,384 0 0 6,509,783 TID 7 0 1,500,000 0 0 0 0 0 0 0 0 1,500,000 Revenue Debt 6,000,000 13,000,000 0 7,700,000 0 0 260,230 308,460 321,180 1,293,730 33,972,130 Water 0 0 0 0 0 0 98,200 116,400 121,200 488,200 2,744,200 Sewer 6,000,000 13,000,000 0 7,700,000 0 0 162,030 192,060 199,980 805,530 31,227,930 Cap. Projects 0 0 0 0 0 0 0 0 0 0 0 Fire/EMS 0 0 0 0 0 0 0 0 0 0 0 TID 7 0 0 0 0 0 0 0 0 0 0 0 Grants/Aids 47,900 50,000 0 0 0 0 0 0 0 0 97,900 Water 0 0 0 0 0 0 0 0 0 0 0 Sewer 0 0 0 0 0 0 0 0 0 0 0 Cap. Projects 47,900 50,000 0 0 0 0 0 0 0 0 97,900 Fire/EMS 0 0 0 0 0 0 0 0 0 0 0 TID 7 0 0 0 0 0 0 0 0 0 0 0 Special Assessment/Impact Fees 0 0 0 0 0 0 0 0 0 0 0 Water 0 0 0 0 0 0 0 0 0 0 0 Sewer 0 0 0 0 0 0 0 0 0 0 0 Cap. Projects 0 0 0 0 0 0 0 0 0 0 0 Fire/EMS 0 0 0 0 0 0 0 0 0 0 0 TID 7 0 0 0 0 0 0 0 0 0 0 0 Cash 1,007,800 1,108,384 1,271,834 492,562 269,588 195,000 250,900 280,844 76,300 183,600 6,248,756 Water 0 50,000 50,000 0 0 0 0 15,000 0 0 310,000 Sewer 680,300 752,000 950,990 39,000 0 0 117,000 105,000 0 0 2,719,290 Cap. Projects 327,500 185,000 160,844 360,200 78,500 195,000 25,000 160,844 45,000 52,000 2,325,432 Fire/EMS 0 121,384 110,000 93,362 191,088 0 108,900 0 31,300 131,600 894,034 TID 7 0 0 0 0 0 0 0 0 0 0 0 Total 11,997,500 18,733,226 5,373,751 11,107,562 3,053,588 2,766,450 1,957,948 1,682,228 1,132,300 2,949,600 74,665,249 Water 382,000 470,000 550,600 683,000 673,800 107,800 98,200 131,400 121,200 488,200 5,821,400 Sewer 6,680,300 13,752,000 950,990 8,494,700 534,270 177,870 279,030 297,060 649,980 805,530 36,115,060 Cap Projects 4,935,200 2,272,000 2,027,254 1,836,500 1,654,430 933,330 1,085,770 434,384 329,820 1,524,270 23,824,972 Fire/EMS 0 739,226 1,844,907 93,362 191,088 1,547,450 494,948 819,384 31,300 131,600 7,403,817 TID 7 0 1,500,000 0 0 0 0 0 0 0 0 1,500,000 Debt Obligations 2027 CWF Loan 6,000,000 0 0 0 0 0 0 0 0 0 6,000,000 2027 G.O. Notes 4,941,800 0 0 0 0 0 0 0 0 0 4,941,800 2028 CWF Loan 0 13,000,000 0 0 0 0 0 0 0 0 13,000,000 2028 G.O. Notes 0 4,574,842 0 0 0 0 0 0 0 0 4,574,842 2029 G.O. Notes 0 0 4,101,917 0 0 0 0 0 0 0 4,101,917 2030 G.O. Notes 0 0 0 2,915,000 0 0 0 0 0 0 2,915,000 2031 G.O. Notes 0 0 0 0 2,784,000 0 0 0 0 0 2,784,000 2032 G.O. Notes 0 0 0 0 0 2,571,450 0 0 0 0 2,571,450 2030 CWF Loan 0 0 0 7,700,000 0 0 0 0 0 0 7,700,000 None 1,055,700 1,158,384 1,271,834 492,562 269,588 195,000 250,900 280,844 76,300 183,600 6,346,656 Future Issuance 0 0 0 0 0 0 1,707,048 1,401,384 1,056,000 2,766,000 19,729,584 Total 11,997,500 18,733,226 5,373,751 11,107,562 3,053,588 2,766,450 1,957,948 1,682,228 1,132,300 2,949,600 74,665,249 Notes: Page 56 of 139 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 8, 2026 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 5 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Advisors: Brian Roemer Senior Municipal Advisor Ariana Schmidt Municipal Advisor Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 57 of 139 Annual TID Report for Village of Jackson, WI Tax Increment District No. 5 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment District No. 5 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Increment District No. 5 (“District”) was created on May 20, 2014 as an Industrial District. The TID has an expenditure period that ends on May 20, 2029 and has a mandatory termination date of May 20, 2034. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $933,100 $7,372,200 $22,669 2035 *Outside of administrative charges and PAYGO payments, the Village doesn’t expect to make additional project costs through the end of District #5’s expenditure period. The projected closure year identified is based on current cash flow projections. Notes: The existing development agreement between the Village, Kerry Industries, Washington County and Economic Development Washington County (EDWC) (previously named Washington County Economic Development Corporation – WCEDC), calls for the following annual payments: annually, 70% of the increment generated in TID #5 is paid to Kerry Industries with the total incentive capped at $2 million. Of the remaining 30% of annual increment, 80% is paid to Washington County of which 10% of their payment goes to EDWC. The remaining increment remains with the Village for administrative and TID setup costs. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) Page 58 of 139 Page 59 of 139 Type of District Base Value 933,100 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2014 Base Tax Rate Max Life (Years) Rate Adjustment Factor 0.00% Expenditure Period/Termination 15 5/20/2029 Revenue Periods/Final Year 20 2035 Extension Eligibility/Years Yes 3 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 5 2018 (252,600) 2019 0 6,223,300 2020 $18.24 113,541 6 2019 (38,600) 2020 0 6,184,700 2021 $17.93 110,909 7 2020 170,900 2021 0 6,355,600 2022 $17.51 111,255 8 2021 544,300 2022 0 6,899,900 2023 $14.39 99,322 9 2022 (22,300) 2023 0 6,877,600 2024 $12.84 88,282 10 2023 229,700 2024 0 7,107,300 2025 $13.34 94,831 11 2024 139,300 2025 0 7,246,600 2026 $13.11 94,978 12 2025 125,600 2026 0 7,372,200 2027 $13.11 96,624 13 2026 0 2027 0 7,372,200 2028 $13.11 96,624 14 2027 0 2028 0 7,372,200 2029 $13.11 96,624 15 2028 0 2029 0 7,372,200 2030 $13.11 96,624 16 2029 0 2030 0 7,372,200 2031 $13.11 96,624 17 2030 0 2031 0 7,372,200 2032 $13.11 96,624 18 2031 0 2032 0 7,372,200 2033 $13.11 96,624 19 2032 0 2033 0 7,372,200 2034 $13.11 96,624 20 2033 0 2034 0 7,372,200 2035 $13.11 96,624 Totals 0 Future Value of Increment (2026-2035) 964,593 Notes: 1) Tax rate through 2026 revenue year is actual per DOR Form PC-202 (Tax Increment Collection Worksheet). 2) Actual results will vary depending on development, inflation of overall tax rates. Industrial May 20, 2014 20 No Village of Jackson, Wisconsin Tax Increment District #5 Tax Increment Projection Worksheet Jackson WI - 2025 TID #5 Annual Report Tables.xlsx Prepared 8/28/2026 Page 60 of 139 Village of Jackson, Wisconsin Tax Increment District #5 Cash Flow Projection Year Year 2020 113,541 113,541 79,479 27,250 1,650 10,475 118,854 (5,313) (1,749) 1,948,733 2020 2021 110,909 110,909 77,636 26,619 150 475 104,880 6,029 4,280 1,844,478 2021 2022 111,257 111,257 75,293 25,815 150 5,112 106,370 4,887 9,167 1,743,370 2022 2023 99,322 99,322 69,579 23,855 150 1,638 95,222 4,100 13,267 1,649,936 2023 2024 88,282 88,282 61,797 21,188 150 1,749 84,884 3,398 16,665 1,566,951 2024 2025 94,831 1,965 96,796 66,382 22,760 150 1,500 90,792 6,004 22,669 1,477,809 2025 2026 94,978 1,965 96,943 67,860 23,266 150 1,500 92,776 4,167 26,835 1,386,683 2026 2027 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 31,101 1,294,010 2027 2028 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 35,366 1,201,336 2028 2029 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 39,631 1,108,663 2029 2030 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 43,897 1,015,990 2030 2031 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 48,162 923,316 2031 2032 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 52,427 830,643 2032 2033 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 56,693 737,970 2033 2034 96,624 1,965 98,589 69,012 23,661 150 1,500 94,323 4,265 60,958 645,296 2034 2035 96,624 1,965 98,589 69,012 47,309 150 15,000 131,471 (32,882) 28,075 528,975 2035 Total 1,582,736 0 21,612 1,604,348 1,471,025 528,000 3,900 49,449 1,579,836 Total Notes: 1The max payment to Kerry is $2M. 2The County pays 10% of the annual payments to the WCEDC. The max to be paid to the County is $480K and $48K to WCEDC. End of Expenditure Period Last year of audited actuals Projected Revenues Tax Increments Intergov Rev. Personal Property Aid Total Revenues Balances Annual PAYGO Payment - 70%1 Capital Outlay/Admin Expenditures Total Expenditures Annual Cumulative Max PAYGO Amt. Remaining Payment to County (80% of the 30%)2 Professional Services Projected TID Closure Jackson WI - 2025 TID #5 Annual Report Tables.xlsx Prepared 8/28/2026 Page 61 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 66141 JACKSON WASHINGTON 07/01/2026 ORIGINAL 005 5 N/A 05/20/2014 05/20/2034 N/A $16,665 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $94,831 $1,965 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $96,796 Page of 1 4 Page 62 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $1,500 $150 TID number Developer grants Developer name Kerry Inc. $66,382 Developer name Washington County $22,760 Transfer to other funds Fund Other expenditures Name Total Expenditures $90,792 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $22,669 $970,233 $969,425 $21,861 Page of 2 4 Page 63 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 005 $0 $0 $0 $0 006 $7,736,700 $0 $0 $7,736,700 007 $14,334,400 $0 $13,000 $14,347,400 Total $22,071,100 $0 $13,000 $22,084,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 005 $0 $1,308,958,400 0.00 $4,336,395 $0 006 $7,736,700 $1,308,958,400 0.59 $4,336,395 $25,585 007 $14,347,400 $1,308,958,400 1.10 $4,336,395 $47,700 Total $22,084,100 $1,308,958,400 1.69 $4,336,395 $73,285 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $73,285 $0.73285 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 005 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 006 $-45,100 $1,182,093,600 0.00 $4,163,166 $0 2024 007 $593,100 $1,182,093,600 0.05 $4,163,166 $2,082 2024 Total $548,000 $1,182,093,600 0.05 $4,163,166 $2,082 2023 004 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 005 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 006 $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 2023 007 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 Total $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 Page of 3 4 Page 64 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Darlene Smith Treasurer (262) 677-9001darlene.smith@villageofjacksonwi.gov Page of 4 4 Page 65 of 139 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 8, 2026 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 6 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Advisors: Brian Roemer Senior Municipal Advisor Ariana Schmidt Municipal Advisor Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 66 of 139 Annual TID Report for Village of Jackson, WI Tax Increment District No. 6 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment District No. 6 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Increment District No. 6 (“District”) was created on November 14, 2017 as a Mixed Use District. The TID has an expenditure period that ends on November 14, 2033 and has a mandatory termination date of November 14, 2038, with final increment collection in 2039. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $474,900 $39,059,400 $(412,765) 2038 * The projected closure year identified is based on current cash flow projections. Notes: The Village has an existing development agreement that requires for annual increment generated in TID #6 to be allocated to meet the existing annual payments. Based on the agreement formula the TID will require transfers in to make payments until the agreement is paid off. Then the TID would repay the liability to the applicable funds. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) Page 67 of 139 Page 68 of 139 Actual Industrial Development1 Annual Total 1 2018 1,800,300 1,800,300 2018 1 2 2019 1,245,100 1,245,100 2019 2 3 2020 5,582,100 5,582,100 2020 3 4 2021 5,512,500 5,512,500 2021 4 5 2022 11,472,000 11,472,000 2022 5 6 2023 (1,669,200) (1,669,200) 2023 6 7 2024 10,058,100 10,058,100 2024 7 8 2025 5,058,500 5,058,500 2025 8 9 2026 0 2026 9 10 2027 0 2027 10 11 2028 0 2028 11 12 2029 0 2029 12 13 2030 0 2030 13 14 2031 0 2031 14 15 2032 0 2032 15 16 2033 0 2033 16 17 2034 0 2034 17 18 2035 0 2035 18 19 2036 0 2036 19 20 2037 0 2037 20 Totals 39,059,400 0 39,059,400 Notes: 1 Additional industrial lot in 2025. Construction Year Construction Year Village of Jackson, Wisconsin Tax Increment District # 6 Development Assumptions Jackson WI - 2025 TID #6 Annual Report Tables.xlsx Prepared 8/28/2026 Page 69 of 139 Type of District Base Value 474,900 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2018 Base Tax Rate Max Life (Years) Rate Adjustment Factor (1 Yr) 0.00% Expenditure Period/Termination 15 11/14/2033 Revenue Periods/Final Year 20 2039 Extension Eligibility/Years Yes 3 Recipient District Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 1 2018 1,800,300 2019 0 1,800,300 2020 $18.24 32,846 2 2019 1,245,100 2020 0 3,045,400 2021 $17.93 54,613 3 2020 5,582,100 2021 0 8,627,500 2022 $17.51 151,024 4 2021 5,512,500 2022 0 14,140,000 2023 $14.39 203,541 5 2022 11,472,000 2023 0 25,612,000 2024 $12.84 328,758 6 2023 -1,669,200 2024 0 23,942,800 2025 $13.34 319,464 7 2024 10,058,100 2025 0 34,000,900 2026 $13.11 445,634 8 2025 5,058,500 2026 0 39,059,400 2027 $13.11 511,933 9 2026 0 2027 0 39,059,400 2028 $13.11 511,933 10 2027 0 2028 0 39,059,400 2029 $13.11 511,933 11 2028 0 2029 0 39,059,400 2030 $13.11 511,933 12 2029 0 2030 0 39,059,400 2031 $13.11 511,933 13 2030 0 2031 0 39,059,400 2032 $13.11 511,933 14 2031 0 2032 0 39,059,400 2033 $13.11 511,933 15 2032 0 2033 0 39,059,400 2034 $13.11 511,933 16 2033 0 2034 0 39,059,400 2035 $13.11 511,933 17 2034 0 2035 0 39,059,400 2036 $13.11 511,933 18 2035 0 2036 0 39,059,400 2037 $13.11 511,933 19 2036 0 2037 0 39,059,400 2038 $13.11 511,933 20 2037 0 2038 0 39,059,400 2039 $13.11 511,933 Totals 0 Future Value of Increment (2026-2039) 143,277,235 Notes: 1) Tax rate through 2026 revenue year is actual per DOR Form PC-202 (Tax Increment Collection Worksheet). 2) Actual results will vary depending on development, inflation of overall tax rates. Mixed Use November 14, 2017 20 No Village of Jackson, Wisconsin Tax Increment District # 6 Tax Increment Projection Worksheet Page 70 of 139 Village of Jackson, Wisconsin Tax Increment District # 6 Cash Flow Projection Year Dated Date: Dated Date: Dated Date: Overperformance Transfer In2 Prin 6/1 Rate Interest Prin 6/1 Rate Interest Prin 6/1 Rate Interest Payments1 Admin./DOR Fees Year 2019 2,297,668 74,486 2,372,154 15,849 12,549 1,976,360 63,047 160,418 39,627 2,267,850 104,304 89,804 2,255,000 2019 2020 32,846 12,002 55,820 100,668 0 37,050 0 29,335 38,355 19,627 150 124,517 (23,849) 65,955 2,255,000 2020 2021 54,613 2,499 27,036 84,148 0 37,050 50,000 3.00% 28,585 99,009 5,925 220,569 (136,421) (70,466) 2,205,000 2021 2022 151,028 502 1,434 152,964 0 37,050 50,000 3.00% 27,085 1,962 116,097 36,867 (33,599) 5,304,034 2022 2023 203,541 32,420 1,465,000 1,434 1,702,395 20,000 3.00% 36,750 100,000 3.00% 24,835 0 0.00% 56,979 673,018 57,542 733,549 1,787 1,704,460 (2,065) (35,664) 5,915,485 2023 2024 328,758 359 1,434 330,551 20,000 3.00% 36,150 120,000 3.00% 21,535 25,000 4.20% 67,850 15,096 0 4,349 309,980 20,571 (15,093) 5,750,485 2024 2025 319,464 288 17,111 1,434 338,298 20,000 3.00% 35,550 145,000 3.00% 17,560 25,000 4.20% 66,800 423,560 2,500 735,970 (397,672) (412,765) 5,136,925 2025 2026 445,634 0 17,111 369,886 832,631 20,000 3.00% 34,950 165,000 3.00% 12,910 25,000 4.20% 65,750 506,471 2,550 832,631 0 (412,765) 4,420,454 2026 2027 511,933 0 17,111 445,331 974,375 20,000 3.00% 34,350 190,000 2.65% 7,918 25,000 4.20% 64,700 629,807 2,601 974,375 0 (412,765) 3,555,647 2027 2028 511,933 0 17,111 199,887 728,932 20,000 3.00% 33,750 200,000 2.70% 2,700 25,000 4.20% 63,650 381,179 2,653 728,932 0 (412,765) 2,929,469 2028 2029 511,933 0 17,111 529,045 100,000 3.00% 31,950 100,000 4.20% 61,025 27,116 206,247 2,706 529,045 0 (412,765) 2,523,222 2029 2030 511,933 0 17,111 529,045 100,000 3.00% 28,950 100,000 4.40% 56,725 34,362 206,247 2,760 529,045 0 (412,765) 2,116,975 2030 2031 511,933 0 17,111 529,045 100,000 3.00% 25,950 110,000 4.40% 52,105 176,200 61,974 2,815 529,045 0 (412,765) 1,845,001 2031 2032 511,933 0 17,111 529,045 100,000 3.00% 22,950 120,000 4.40% 47,045 236,178 0 2,872 529,045 0 (412,765) 1,625,001 2032 2033 511,933 0 17,111 529,045 100,000 3.00% 19,950 120,000 4.70% 41,585 244,580 2,929 529,045 0 (412,765) 1,405,001 2033 2034 511,933 0 17,111 529,045 100,000 3.00% 16,950 120,000 4.70% 35,945 253,162 2,988 529,045 0 (412,765) 1,185,001 2034 2035 511,933 0 17,111 529,045 100,000 3.00% 13,950 125,000 4.70% 30,188 43,505 3,047 315,690 213,354 (199,410) 960,001 2035 2036 511,933 0 17,111 529,045 100,000 3.00% 10,950 125,000 5.00% 24,125 0 3,108 263,183 265,861 66,451 735,001 2036 2037 511,933 665 17,111 529,709 100,000 3.00% 7,950 125,000 5.00% 17,875 0 3,171 253,996 275,713 342,164 510,001 2037 2038 511,933 3,422 17,111 532,466 105,000 3.00% 4,875 145,000 5.00% 11,125 0 3,234 269,234 263,232 605,396 260,001 2038 2039 511,933 6,054 17,111 535,098 110,000 3.00% 1,650 150,000 5.00% 3,750 18,299 283,699 251,400 856,796 0 2039 Total 8,191,014 58,210 256,671 0 1,015,104 13,446,745 1,235,000 524,574 1,020,000 185,011 1,465,000 767,222 2,801,838 63,047 83,094 1,015,104 3,149,033 106,109 12,575,450 Total Notes: End of Expenditure Period1) Amount of incentives to be paid will be based upon the development agreement. Future amounts shown are only illustrative. 2) The Village Board authorized a transfer of $423,560 from the sewer utility to TID 6 in 2025, but the transfer has not yet occurred. This is being rectified in 2026, and 2026 will also include an additional transfer. Last year of audited actuals Total Revenues Tax Increments Interest Earnings/ (Cost) Personal Property Aid Special Assessments Proceeds/ Premium from Long Term Debt Projected Revenues Expenditures Balances G.O. Bonds, Series 2019A (NONBQ) Taxable G.O. Notes, Series 2019B Taxable G.O. Bonds, Series 2023A Annual Cumulative Principal Outstanding 06/27/19 06/27/19 1,235,000 1,020,000 Capital Outlay Transfer Out Total Expenditures Fiscal Charges Professional Services 1,465,000 02/01/23 Projected TID Closure Jackson WI - 2025 TID #6 Annual Report Tables.xlsx Prepared 9/2/2026 Page 71 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 66141 JACKSON WASHINGTON 07/01/2026 ORIGINAL 006 6 N/A 11/14/2017 11/14/2038 N/A $-15,093 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $319,464 $289 $1,434 $17,111 TID number Developer guarantees Developer name Transfer from other funds Source Grants Source Other revenue Source Total Revenue (deposits) $338,298 Page of 1 4 Page 72 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $2,350 $119,910 $150 $190,000 TID number Developer grants Developer name Delany Group $0 Developer name Design 2 Construct $423,560 Transfer to other funds Fund Other expenditures Name Total Expenditures $735,970 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $-412,765 $7,798,434 $8,224,396 $13,197 Page of 2 4 Page 73 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 005 $0 $0 $0 $0 006 $7,736,700 $0 $0 $7,736,700 007 $14,334,400 $0 $13,000 $14,347,400 Total $22,071,100 $0 $13,000 $22,084,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 005 $0 $1,308,958,400 0.00 $4,336,395 $0 006 $7,736,700 $1,308,958,400 0.59 $4,336,395 $25,585 007 $14,347,400 $1,308,958,400 1.10 $4,336,395 $47,700 Total $22,084,100 $1,308,958,400 1.69 $4,336,395 $73,285 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $73,285 $0.73285 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 005 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 006 $-45,100 $1,182,093,600 0.00 $4,163,166 $0 2024 007 $593,100 $1,182,093,600 0.05 $4,163,166 $2,082 2024 Total $548,000 $1,182,093,600 0.05 $4,163,166 $2,082 2023 004 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 005 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 006 $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 2023 007 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 Total $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 Page of 3 4 Page 74 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Darlene Smith Treasurer (262) 677-9001darlene.smith@villageofjacksonwi.gov Page of 4 4 Page 75 of 139 BUILDING COMMUNITIES. IT’S WHAT WE DO. September 8, 2026 ANNUAL TAX INCREMENT DISTRICT REPORT FOR: Village of Jackson, WI Tax Increment District No. 7 IVE-YEAR STREET RECONSTRUCTION & OVERLAY PLAN FOR: The City of Minnetonka, Minnesota YEARS 2020 - 2025 Advisors: Brian Roemer Senior Municipal Advisor Ariana Schmidt Municipal Advisor Prepared by: Ehlers N19W24400 Riverwood Drive, Suite 100 Waukesha, WI 53188 Page 76 of 139 Annual TID Report for Village of Jackson, WI Tax Increment District No. 7 1 Annual Tax Increment District Report Village of Jackson, Wisconsin Tax Increment District No. 7 Purpose: State law requires municipalities with an active Tax Incremental District (TID) to electronically file an Annual Report for each TID by July 1 of each calendar year. This is a summary of that filing to be used at the annually required meeting of the standing Joint Review Board. District Summary: Tax Increment District No. 7 (“District”) was created on June 11, 2019 as a Mixed-Use District. TID #7’s Project Plan and Boundary were amended on July 12, 2022, the first allowable boundary amendment. The TID has an expenditure period that ends on June 11, 2034 and has a mandatory termination date of June 11, 2039. Background Data: Base Value Incremental Value (as of January 1, 2026) Year End Fund Balance (2025) Projected Closure (based on current cash flow*) $8,854,300 $28,409,300 $18,395 2034 *The projected closure year identified is based on current cash flow projections. There are many developments ongoing in the district that based on valuations will significantly impact the cash flow of the District. Notes: Tax Increment District No. 7 was created as a catalyst for commercial and residential development on the eastern edge of the Village. In 2025, construction on single-family residential and town homes was completed, reflected in the 2026 values. The Village is currently engaged in a development agreement with Glacier Hills Credit Union. Joint Review Board Action: Resolution acknowledging filing of Annual TID Report and compliance with annual meeting requirements. Attachments: • TID Boundary Map • TID Development Assumptions • TID Increment Projection • TID Cash Flow Projection (Detail) • State Submittal (DOR Form PE -300) Page 77 of 139 TID #7 0 0.09 0.180.045 mi 0 0.1 0.20.05 km 1:3,954 Washington County | Southeast Wisconsin Regional Planning Commission | Calvin Lawrence, Dennis Weise, Nina Rihn | Washington County, US Census B ureau | Washington County GIS Page 78 of 139 Actual Single-family Residential1 Single-family Residential2 TownHomes2 Outlots 63 Outlot 83 Commercial4 Annual Total 1 2019 953,900 953,900 2019 1 2 2020 (1,720,300) (1,720,300) 2020 2 3 2021 1,098,600 1,098,600 2021 3 4 2022 3,915,900 3,915,900 2022 4 5 2023 699,800 699,800 2023 5 6 2024 17,201,500 17,201,500 2024 6 7 2025 8,653,800 8,653,800 2025 7 8 2026 450,000 3,236,000 3,686,000 2026 8 9 2027 2,070,000 1,007,000 1,000,000 4,077,000 2027 9 10 2028 3,550,000 1,606,000 5,156,000 2028 10 11 2029 1,420,000 652,000 2,072,000 2029 11 12 2030 0 2030 12 13 2031 1,500,000 1,500,000 2031 13 14 2032 0 2032 14 15 2033 0 2033 15 Totals 30,803,200 0 0 0 7,490,000 6,501,000 2,500,000 47,294,200 Notes: 1 2 3 Based on projected development from Hillcrest. 4 The remaining commercial is potential development. Ongoing development (Hillcrest) was completed in 2025, reflected in values as of 1/1/2026. Ongoing development (Harbor) was completed in 2025, reflected in values as of 1/1/2026. Construction Year Construction Year Village of Jackson, Wisconsin Tax Increment District #7 Development Assumptions Page 79 of 139 Type of District Base Value 8,854,300 District Creation Date Appreciation Factor 0.00% Valuation Date Jan 1, 2019 Base Tax Rate Max Life (Years) Rate Adjustment Factor 0.00% Expenditure Period/Termination 15 6/11/2034 Revenue Periods/Final Year 20 2040 Extension Eligibility/Years Yes 3 Tax Exempt Discount Rate Eligible Recipient District Taxable Discount Rate Added Base 9/2022 Amendment 3,221,100 Construction Year Value Added Valuation Year Inflation Increment Total Increment Revenue Year Tax Rate Tax Increment 1 2019 953,900 2020 0 953,900 2021 $17.93 17,106 2 2020 -1,720,300 2021 0 -766,400 2022 $17.51 0 3 2021 1,098,600 2022 0 332,200 2023 $14.39 4,782 4 2022 3,915,900 -3,221,100 2023 0 1,027,000 2024 $12.84 13,183 5 2023 699,800 827,200 2024 0 2,554,000 2025 $13.34 34,078 6 2024 17,201,500 2025 0 19,755,500 2026 $13.11 258,926 7 2025 8,653,800 2026 0 28,409,300 2027 $13.11 372,347 8 2026 3,686,000 2027 0 32,095,300 2028 $13.11 420,658 9 2027 4,077,000 2028 0 36,172,300 2029 $13.11 474,093 10 2028 5,156,000 2029 0 41,328,300 2030 $13.11 541,671 11 2029 2,072,000 2030 0 43,400,300 2031 $13.11 568,827 12 2030 0 2031 0 43,400,300 2032 $13.11 568,827 13 2031 1,500,000 2032 0 44,900,300 2033 $13.11 588,487 14 2032 0 2033 0 44,900,300 2034 $13.11 588,487 15 2033 0 2034 0 44,900,300 2035 $13.11 588,487 16 2034 0 2035 0 44,900,300 2036 $13.11 588,487 17 2035 0 2036 0 44,900,300 2037 $13.11 588,487 18 2036 0 2037 0 44,900,300 2038 $13.11 588,487 19 2037 0 2038 0 44,900,300 2039 $13.11 588,487 20 2038 0 2039 0 44,900,300 2040 $13.11 588,487 Totals 47,294,200 0 Future Value of Increment (2026-2040) 126,399,797 Notes: 1) Tax rate through 2026 revenue year is actual per DOR Form PC-202 (Tax Increment Collection Worksheet). 2) Actual results will vary depending on development, inflation of overall tax rates. Mixed Use June 11, 2019 20 No Village of Jackson, Wisconsin Tax Increment District #7 Tax Increment Projection Worksheet Base Value Redermination Page 80 of 139 Village of Jackson, Wisconsin Tax Increment District #7 Cash Flow Projection Year Tax Interest Affordable Debt Total Dated Date: Dated Date: Dated Date: Capital Professional Total Prior Period Principal Increments Earnings Housing - TID 4 Misc. Proceeds Revenues Principal Interest Principal Interest Principal Est. Rate Interest Principal Est. Rate Interest Expenditures Services Admin. + 2% Expenditures Annual Adjustment Cumulative Outstanding Year 2019 2,500 2,085,838 2,088,338 36,329 118,642 154,971 1,933,367 1,933,367 2,032,000 2019 2020 14,123 2,000 16,123 32,000 46,365 1,423,984 87,205 1,589,554 (1,573,431) (12,859) 347,077 2,000,000 2020 2021 17,105 2,500 19,605 32,000 49,509 235,662 37,380 354,551 (334,946) 12,131 1,968,000 2021 2022 0 2,500 2,500 32,000 48,549 162,118 48,025 290,692 (288,192) (276,061) 1,936,000 2022 2023 4,780 0 499,890 1,660,661 2,165,331 72,000 46,989 2,168,450 139,573 51,734 2,478,746 (313,415) (589,476) 1,864,000 2023 2024 13,183 0 606,662 103,411 723,255 81,450 44,835 400,107 108,547 96,435 731,374 (8,118) (597,594) 1,782,400 2024 2025 34,078 6,112 9,274 796,592 45,628 891,684 86,400 42,165 16,530 117,295 13,304 275,694 615,989 18,395 1,696,000 2025 2026 258,926 828 9,274 4,418 121,709 395,156 91,200 39,501 116,415 5,294 117,295 13,570 377,981 17,174 35,569 1,724,800 2026 2027 372,347 1,601 9,274 383,222 96,000 36,693 10,000 3.00% 6,900 117,295 13,841 280,729 102,493 138,062 3,163,800 2027 2028 420,658 6,213 9,274 1,545,000 1,981,145 100,800 33,741 10,000 3.00% 4,250 0 0.00% 0 1,500,000 45,000 117,295 14,118 1,780,204 200,941 339,003 3,053,000 2028 2029 474,093 15,255 9,274 498,623 105,600 30,645 10,000 3.00% 3,950 65,000 3.46% 83,194 14,401 312,790 185,833 524,836 2,872,400 2029 2030 541,671 23,618 9,274 574,562 121,600 27,845 10,000 3.00% 3,650 100,000 3.47% 52,229 14,689 330,012 244,550 769,386 2,640,800 2030 2031 568,827 34,622 9,274 612,724 123,200 25,366 10,000 3.00% 3,350 110,000 3.48% 48,580 14,982 335,478 277,246 1,046,632 2,397,600 2031 2032 568,827 47,098 9,274 625,200 124,800 22,793 10,000 5.00% 2,950 120,000 3.49% 44,572 15,282 340,396 284,803 1,331,435 2,142,800 2032 2033 588,487 59,915 9,274 657,676 126,400 20,124 10,000 5.00% 2,450 125,000 3.45% 40,321 15,588 339,883 317,793 1,649,229 1,881,400 2033 2034 588,487 74,215 9,274 671,977 128,000 17,357 10,000 5.00% 1,950 130,000 3.55% 35,858 15,900 339,064 332,913 1,982,141 1,613,400 2034 2035 588,487 89,196 9,274 686,958 131,200 14,473 10,000 5.00% 1,450 135,000 3.60% 31,120 16,218 339,460 347,497 2,329,639 1,337,200 2035 2036 588,487 104,834 9,274 702,595 134,400 11,451 10,000 4.00% 1,000 140,000 3.65% 26,135 16,542 339,528 363,067 2,692,706 1,052,800 2036 2037 588,487 121,172 9,274 718,933 137,600 8,289 10,000 4.00% 600 145,000 3.65% 20,934 16,873 339,295 379,638 3,072,343 760,200 2037 2038 588,487 138,255 9,274 736,017 140,800 4,982 10,000 4.00% 200 150,000 3.85% 15,400 17,210 338,593 397,424 3,469,767 459,400 2038 2039 588,487 156,140 9,274 753,901 134,400 1,646 0 4.00% 0 160,000 3.85% 9,433 17,554 323,033 430,868 3,900,635 165,000 2039 2040 588,487 175,529 9,274 773,290 0 4.00% 0 165,000 3.85% 3,176 17,905 186,082 587,208 4,487,843 (0) 2040 Total 7,982,391 1,068,725 213,307 796,592 1,106,552 1,819,200 3,752,547 16,678,813 335,850 314,741 1,696,000 294,905 120,000 32,700 1,545,000 410,950 6,141,908 0 577,727 568,756 12,178,110 Total Notes: 1) Proposed 2028 GONs are per 2026 FMP CIP. 2) Commercial Incentive is Glacier Hills Credit Union. End of Expenditure Period Last year of audited actuals Debt Premium Personal Property Aid Projected Revenues Land Sale Revenue SF BalancesExpenditures 2026A GO Notes 120,000 05/01/26 Proposed 2028 G.O. Notes 1,545,000 06/01/28 Actual Debt Service G.O. Bonds, Series 2019D (TID#7) 2,032,000 05/01/26 Street Lights/Final Pavement Commercial Incentive2Financing Costs Projected TID Closure Page 81 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 1 – Municipality and TID Co-muni code Municipality County Due date Report type TID number TID type TID name Creation date Mandatory termination date Anticipated termination date Section 2 – Beginning Balance Amount TID fund balance at beginning of year 66141 JACKSON WASHINGTON 07/01/2026 ORIGINAL 007 6 N/A 06/11/2019 06/11/2039 N/A $-597,594 Section 3 – Revenue Amount Tax increment Investment income Debt proceeds Special assessments Shared revenue Sale of property Allocation from another TID $34,078 $6,112 $9,274 TID number Developer guarantees Developer name Transfer from other funds Source TID number 4 $796,592 Grants Source Other revenue Source Washington County NGH, Land Rent, Proceeds $45,628 Total Revenue (deposits) $891,684 Page of 1 4 Page 82 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 4 – Expenditures Amount Capital expenditures Administration Professional services Interest and fiscal charges DOR fees Discount on long-term debt Debt issuance costs Principal on long-term debt Environmental costs Real property assembly costs Allocation to another TID $16,530 $0 $13,155 $42,165 $150 $86,400 TID number Developer grants Developer name Glacier Hills Credit Union $117,295 Transfer to other funds Fund Other expenditures Name Total Expenditures $275,695 Section 5 – Ending Balance Amount TID fund balance at end of year Future costs Future revenue Surplus or deficit $18,395 $5,530,753 $5,335,207 $-177,151 Page of 2 4 Page 83 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Current Year TID New Construction Values TID TID New Construction Increase TID New Construction Decrease Prior Year Correction TID Net New Construction (NNC) Section 6 – TID New Construction 005 $0 $0 $0 $0 006 $7,736,700 $0 $0 $7,736,700 007 $14,334,400 $0 $13,000 $14,347,400 Total $22,071,100 $0 $13,000 $22,084,100 Current Year Allowable Levy Increase Attributable to TID NNC TID TID Net New Construction Prior Year Municipal Equalized Value TID Net New Construction % Prior Year Adjusted Actual Levy Allowable Levy Increase Attributable to TID Net New Construction 005 $0 $1,308,958,400 0.00 $4,336,395 $0 006 $7,736,700 $1,308,958,400 0.59 $4,336,395 $25,585 007 $14,347,400 $1,308,958,400 1.10 $4,336,395 $47,700 Total $22,084,100 $1,308,958,400 1.69 $4,336,395 $73,285 Current Year Actual TID NNC Impact to Municipal Levy Levy Increase Attributable to TID Net New Construction Increase per $100,000 $73,285 $0.73285 Historical Allowable Levy Increase Attributable to TID NNC Year TID TID Net New Construction TID Net New Construction % Allowable Levy Increase Attributable to TID Net New Construction Prior Year Adjusted Actual Levy Prior Year Municipal Equalized Value 2024 004 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 005 $0 $1,182,093,600 0.00 $4,163,166 $0 2024 006 $-45,100 $1,182,093,600 0.00 $4,163,166 $0 2024 007 $593,100 $1,182,093,600 0.05 $4,163,166 $2,082 2024 Total $548,000 $1,182,093,600 0.05 $4,163,166 $2,082 2023 004 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 005 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 006 $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 2023 007 $0 $1,069,281,100 0.00 $4,066,823 $0 2023 Total $9,453,900 $1,069,281,100 0.88 $4,066,823 $35,788 Page of 3 4 Page 84 of 139 WI Dept of Revenue TID Annual Report Form PE-300 2025 Section 7 – Contact Information Contact name Contact title Contact email Contact phone Darlene Smith Treasurer (262) 677-9001darlene.smith@villageofjacksonwi.gov Page of 4 4 Page 85 of 139 DRAFT Page 86 of 139 DRAFT Page 87 of 139 DRAFT Page 88 of 139 DRAFT Page 89 of 139 DRAFT Page 90 of 139 September 17, 2026 Jen Heidtke, Village Administrator Village of Jackson N168 W19851 Main Street Jackson, WI 53037 We are pleased to confirm our understanding of the services we are to provide the Village of Jackson (the “Village”) for the year ended December 31, 2026. Audit Scope and Objectives We will audit the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information, and the disclosures, which collectively comprise the basic financial statements of Village as of and for the year ended December 31, 2026. Accounting standards generally accepted in the United States of America (“GAAP”) provide for certain required supplementary information (“RSI”), such as management’s discussion and analysis (“MD&A”), to supplement the Village’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the Village’s RSI in accordance with auditing standards generally accepted in the United States of America (“GAAS”). These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. The following RSI is required by GAAP and will be subjected to certain limited procedures, but will not be audited: 1) Budgetary Comparison Schedule – General Fund Revenues 2) Budgetary Comparison Schedule - General Fund Expenditures 3) Budgetary Comparison Schedule – Fire and EMS Revenue 4) Budgetary Comparison Schedule – Fire and EMS Expenditures 5) Schedule of Proportionate Share of Net Pension Liability (Asset) – Wisconsin Retirement System 6) Schedule of Contributions – Wisconsin Retirement System 7) Schedule of Proportionate Share of Net OPEB Liability (Asset) 8) Schedule of Contributions - OPEB Page 91 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 2 We have also been engaged to report on supplementary information other than RSI that accompanies the Village’s financial statements. We will subject the following supplementary information to the auditing procedures applied in our audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statement or to the financial statements themselves, and other additional procedures in accordance with GAAS, and we will provide an opinion on it in relation to the financial statements as a whole: 1) Combining Balance Sheet – Nonmajor Governmental Funds – Special Revenue 2) Combining Statements of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds – Special Revenue 3) Combining Balance Sheets - Nonmajor Governmental Funds – Capital Projects 4) Combining Statements of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds – Capital Projects The objectives of our audit are to obtain reasonable assurance as to whether the financial statements as a whole are free from material misstatement, whether due to fraud or error; issue an auditors’ report that includes our opinion about whether your financial statements are fairly presented, in all material respects, in conformity with GAAP, and report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. Misstatements, including omissions, can arise from fraud or error and are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment of a reasonable user made based on the financial statements. Auditors’ Responsibilities for the Audit of the Financial Statements We will conduct our audit in accordance with GAAS and will include tests of your accounting records and other procedures we consider necessary to enable us to express such opinions. As part of an audit in accordance with GAAS, we exercise professional judgment and maintain professional skepticism throughout the audit. We will evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management. We will also evaluate the overall presentation of the financial statements, including the disclosures, and determine whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We will plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is an unavoidable risk that some material misstatements may not be detected by us, even though the audit is properly planned and performed in accordance with GAAS. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. However, we will inform the appropriate level of management of any material errors, fraudulent financial reporting, or misappropriation of assets that comes to our attention. Page 92 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 3 We will also inform the appropriate level of management of any violations of laws or governmental regulations that come to our attention, unless clearly inconsequential. Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors. We will also conclude, based on the audit evidence obtained, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the government’s ability to continue as a going concern for a reasonable period of time. Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, direct confirmation of receivables and certain assets and liabilities by correspondence with selected customers, creditors, and financial institutions. We will also request written representations from your attorneys as part of the engagement and they may bill you for responding to this inquiry. We may, from time to time and depending on the circumstances, use third-party providers in serving your account. We may share confidential information about you with these service providers but remain committed to maintaining the confidentiality and security of your information. Accordingly, we maintain internal policies, procedures, and safeguards to protect the confidentiality of your personal information. In addition, we will secure confidentiality agreements with all service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent unauthorized release of your confidential information to others. In the event that we are unable to secure an appropriate confidentiality agreement, you will be asked to provide your consent prior to the sharing of your confidential information with the third-party service provider. Furthermore, we will remain responsible for the work provided by any such third-party service providers. Our audit of the financial statements does not relieve you or your responsibilities. Audit Procedures—Internal Control We will obtain an understanding of the government and its environment, including internal control relevant to the audit, sufficient to identify and assess the risks of material misstatement of the financial statements, whether due to error or fraud, and to design and perform audit procedures responsive to those risks and obtain evidence that is sufficient and appropriate to provide a basis for our opinions. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentation, or the override of internal control. An audit is not designed to provide assurance on internal control or to identify deficiencies in internal control. Accordingly, we will express no such opinion. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards. We have identified the following significant risks of material misstatement as part of our audit planning:  Management override of controls due to a lack of segregation of duties  Improper revenue recognition on collections of property taxes  Improper segregation of governmental and business-type capital assets Page 93 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 4 Audit Procedures—Compliance As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the Village’s compliance with the provisions of applicable laws, regulations, contracts, and agreements. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion. Responsibilities of Management for the Financial Statements Our audit will be conducted on the basis that you acknowledge and understand your responsibility for designing, implementing, and maintaining internal controls relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error, including monitoring ongoing activities; for the selection and application of accounting principles; and for the preparation and fair presentation of the financial statements in conformity with accounting principles generally accepted in the United States of America with the oversight of those charged with governance. Management is responsible for making drafts of financial statements, all financial records, and related information available to us and for the accuracy and completeness of that information (including information from outside of the general and subsidiary ledgers); and for the evaluation of whether there are any conditions or events, considered in the aggregate, that raise substantial doubt about the Village’s ability to continue as a going concern for the 12 months after the financial statements date or shortly thereafter (for example, within an additional three months if currently known). You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, such as records, documentation, identification of all related parties and all related-party relationships and transactions, and other matters; (2) additional information that we may request for the purpose of the audit; and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence. At the conclusion of our audit, we will require certain written representations from you about the financial statements and related matters. Your responsibilities include adjusting the financial statements to correct material misstatements and confirming to us in the management representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements of each opinion unit taken as a whole. You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws and regulations. Page 94 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 5 You are responsible for the preparation of the supplementary information in conformity with GAAP. You agree to include our report on the supplementary information in any document that contains, and indicates that we have reported on, the supplementary information. You also agree to include the audited financial statements with any presentation of the supplementary information that includes our report thereon or make the audited financial statements readily available to users of the supplementary information no later than the date the supplementary information is issued with our report thereon. Your responsibilities include acknowledging to us in the representation letter that (1) you are responsible for presentation of the supplementary information in accordance with GAAP; (2) you believe the supplementary information, including its form and content, is fairly presented in accordance with GAAP; (3) the methods of measurement or presentation have not changed from those used in the prior period (or, if they have changed, the reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the supplementary information. Other Services We will also prepare the financial statements of the Village in conformity with GAAP based on information provided by you. We will provide hosting services for the capital assets, including capital asset and depreciation schedules, of the governmental funds and the business-type funds using information provided by you. We will prepare the annual financial report to the Wisconsin Department of Revenue using information provided by you. We will prepare the annual financial report to the Wisconsin Public Service Commission using information provided by you. We will perform these services in accordance with applicable professional standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities. You agree to assume all management responsibilities for the financial statement preparation and any other nonattest services we provide; oversee the service by designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the adequacy and results of the services; and accept responsibility for them. Engagement Administration, Fees, and Other We understand that your employees will prepare all cash, accounts receivable, or other confirmations we request and will locate any documents selected by us for testing. We will schedule the engagement based in part on deadlines, working conditions, and the availability of your key personnel. We will plan the engagement based on the assumption that your personnel will cooperate and provide assistance by performing tasks such as preparing requested schedules, retrieving supporting documents, and preparing confirmations. If, for whatever reason, your personnel are unavailable to provide the necessary assistance in a timely manner, it may substantially increase the work we have to do to complete the engagement within the established deadlines, resulting in an increase in fees over our original fee estimate. We will not undertake any accounting services (including but not limited to reconciliation of accounts and preparation of requested schedules) without obtaining approval through a written change order or additional engagement letter for such additional work. Page 95 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 6 The audit documentation for this engagement is the property of Lucida LLC and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to Wisconsin Department of Revenue or its designee. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Lucida LLC personnel. Furthermore, upon request, we may provide copies of selected audit documentation to Wisconsin Department of Revenue or its designee. The Wisconsin Department of Revenue or its designee may intend or decide to distribute the copies or information contained therein to others, including other governmental agencies. Patricia Reda, CPA is the engagement partner and is responsible for supervising the engagement and signing the report or authorizing another individual to sign it. We expect to begin our audit fieldwork during a mutually agreed upon time between January and April and to issue our reports thereafter. Our fee for these services will be at our standard hourly rates, plus out-of-pocket costs (such as report reproduction, word processing, postage, travel, copies, telephone, etc.). Our fee is estimated to be the following: Financial Audit 2026Governmental Funds 27,000$ Business-type Funds 8,500 Non-Attest ServicesPreparation of Financial Statements 5,450 Preparation of Form C 1,500 Preparation of PSC Report 2,800 Maintenance of capital asset schedules 1,550 Total audit and non-attest services46,800$ Optional ServicesFederal Single Audit (If required) 8,200 TIF Audit (If required) 5,800 Hourly Fee Range for Agreed-upon services$175 - $275/hrPresentation of the report to the board will be at our standard hourly rates, plus any out of pocket costs. Invoices for these fees will be presented as follows: Progress Billing Schedule2026Preliminary stage 6,500$ Completion of fieldwork 28,000 Form C Completion 3,800 Final report delivered to Village 8,500 46,800$ Optional services will be billed at the end of the month in which the services were provided. Page 96 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 7 Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit. Our invoices for these fees will be rendered according to the fee schedule above and are payable on presentation. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will keep you informed of any problems we encounter and our fees will be adjusted accordingly. You may request that we perform additional services not addressed in this engagement letter. If this occurs, we will communicate with you regarding the scope of the additional services and the estimated fees. We may issue a separate engagement letter, or an addendum to the original engagement letter, covering the additional services. In the absence of any other written communication from us documenting such additional services, our services will continue to be governed by the terms of this engagement letter. In connection with this engagement, we may communicate with you or others via email transmission. As emails can be intercepted and read, disclosed, or otherwise used or communicated by an unintended third party, or may not be delivered to each of the parties to whom they are directed and only to such parties, we cannot guarantee or warrant that emails from us will be properly delivered and read only by the addressee. Therefore, we specifically disclaim and waive any liability or responsibility whatsoever for interception or unintentional disclosure of emails transmitted by us in connection with the performance of this engagement. In that regard, you agree that we shall have no liability for any loss or damage to any person or entity resulting from the use of email transmissions, including any consequential, incidental, direct, indirect, or special damages, such as loss of revenues or anticipated profits, or disclosure or communication of confidential or proprietary information. Alternative Dispute Resolution If a dispute arises out of or relates to the Agreement including the scope of services contained herein, or the breach thereof, and if the dispute cannot be settled through negotiation, the parties agree first to try to settle the dispute by mediation administered by the American Arbitration Association (“AAA”) under the AAA Professional Accounting and Related Services Dispute Resolution Rules before resorting to arbitration, litigation, or some other dispute resolution procedure. The mediator will be selected by agreement of the parties. If the parties cannot agree on a mediator, a mediator shall be designated by the AAA. Any mediator so designated must be acceptable to all parties. The mediation will be conducted in the State of Wisconsin. The mediation will be treated as a settlement discussion, and therefore, is confidential. The mediator may not testify for either party in any later proceeding related to the dispute. No recording or transcript shall be made of the mediation proceedings. The costs of any mediation proceedings shall be shared equally by all parties. Any costs for legal representation is the responsibility of the hiring party. Page 97 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 8 Period of Limitations You agree that any claim, lawsuit, arbitration or other similar proceeding you may file or make arising out of this Agreement or any of the work or services that are the subject of this Agreement shall be commenced and filed no later than one (1) year after the earlier of delivery of the work product to you or termination of the Agreement by either party, regardless of any longer period of time for filing or commencing such lawsuit, claim, arbitration or other similar proceeding that may be provided by statute or law. Designation of Venue and Jurisdiction You and we agree that any claim or lawsuit arising out of or related to this Agreement or the work or services that are the subject of this Agreement, whether based on tort, contract, statute or other legal theory or cause of action, shall be filed either in the Circuit Court for Waukesha County, Wisconsin or the federal district court in Milwaukee, Wisconsin and that Wisconsin law shall govern any and all such claims or lawsuit, and that Wisconsin law shall be applied without reference to conflicts of law rules. Limitation of Liability You agree that in connection with any claim or cause of action you may assert or file relating to or arising in whole or in part out of this Agreement (or any of the work or services that are the subject of this Agreement), Lucida LLC shall not be liable to you for any amount in excess of two times the amount of fees paid by you under this Agreement, regardless of the nature of the claim or claims that are or were asserted. In addition, in no event shall Lucida LLC be liable for any punitive or exemplary damages relating to this Agreement or any of the work or services that are the subject of this agreement. If any portion of this agreement is held to be void, invalid or otherwise unenforceable in whole or in part, such portion of the agreement shall be amended to the minimum extent required to make the provision enforceable and the remaining portions of this agreement shall remain in full force and effect. This agreement sets forth the entire agreement between the parties with respect to the subject matter herein, superseding all prior agreements, negotiations or understandings, whether oral or written, with respect to such subject matter. This agreement may not be changed, modified or waived in whole or in part except by an instrument in writing signed by both parties. Other Matters Lucida LLC has a contractual arrangement with Lucida Advisors LLC whereby Lucida Advisors LLC provides Lucida LLC with professional and support personnel and performs all services in connection with our engagements for which licensure as a CPA firm is not required. In order to avoid duplication of efforts arising out of this arrangement, we request that you consent to our sharing with Lucida Advisors LLC the information that we may obtain from you in the course of our engagement. Unless you indicate otherwise, your acceptance of the terms of this engagement shall be understood by us as your consent to make disclosures to Lucida LLC and its employees of confidential information that we may obtain in the course of our engagement. Lucida LLC and Lucida Advisors LLC practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Lucida LLC provides attest services to its clients. Lucida Advisors LLC is not a licensed CPA firm and does not provide audit or attest services. Lucida LLC has a contractual arrangement with Lucida Advisors LLC, whereby Lucida Advisors LLC provides Lucida LLC with professional and support personnel to perform professional services on behalf of Lucida LLC. Page 98 of 139 Jen Heidtke, Village Administrator Village of Jackson, Wisconsin 9 Reporting We will issue a written report upon completion of our audit of Village’s financial statements. Our report will be addressed to the Village Board and Administration. Circumstances may arise in which our report may differ from its expected form and content based on the results of our audit. Depending on the nature of these circumstances, it may be necessary for us to modify our opinions or add an emphasis-of-matter or other-matter paragraph to our auditors’ report, or if necessary, withdraw from this engagement. If our opinions are other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed opinions, we may decline to express opinions or withdraw from this engagement. We appreciate the opportunity to be of service to Village, and believe this letter accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the attached copy and return it to us. Very truly yours, Lucida LLC RESPONSE: This letter correctly sets forth the understanding of the Village of Jackson By Title Date Page 99 of 139 FIRST AMENDMENT TO INDEFEASIBLE RIGHT OF USE AGREEMENT This First Amendment to Indefeasible Right of Use Agreement (“Amendment”) is entered into by and between Midwest Fiber Networks, LLC, a Wisconsin limited liability company (“MWFN”), and the Village of Jackson, Wisconsin, a Wisconsin municipality (“Jackson”). This Amendment shall be effective on the date of the last signature below (“Amendment Effective Date”). MWFN and Jackson may each be referred to as a “Party” and collectively as the “Parties.” RECITALS A. The Parties entered into an Indefeasible Right of Use Agreement effective August 12, 2020 (“Agreement”). B. The Agreement includes Exhibit A, which grants Jackson an IRU for an initial term of twenty (20) years from the Effective Date of the Agreement. C. The Parties subsequently entered into Exhibit A-1 and Exhibit A-2, each of which is coterminous with Exhibit A and relies upon the underlying fiber path granted under Exhibit A. D. The Parties now desire to amend the term of the IRU granted under Exhibit A and confirm the corresponding term applicable to Exhibit A-1, Exhibit A-2, and any other supplemental exhibits that are coterminous with Exhibit A, and clarify the application of MWFN’s obligations under Section 3.1 during the renewal terms. AGREEMENT For good and valuable consideration, the receipt and sufficiency of which are acknowledged, the Parties agree as follows: 1. Incorporation of Recitals. The foregoing Recitals are incorporated into and made part of this Amendment. 2. Amendment to Term of Exhibit A. The “Term of IRU Grant” provision in Exhibit A is deleted in its entirety and replaced with the following: “Term of IRU Grant: The initial term of the IRU Grant commenced on August 12, 2020 and shall continue through August 11, 2040 (“Initial Term”). Upon expiration of the Initial Term, the IRU Grant shall automatically renew, without further action by either Party, for two (2) successive renewal terms of fifteen (15) years each. The first renewal term shall continue through August 11, 2055, and the second renewal term shall continue through August 11, 2070.” Page 100 of 139 3. Amendment to Section 3.1. Section 3.1 of the Agreement is amended by replacing the phrase “during the initial Term” with “during the Initial Term and each renewal term set forth in Exhibit A, as amended by this Amendment.” 4. Application to Coterminous Exhibits. The terms of Exhibit A-1 and Exhibit A-2, and any other supplemental exhibit expressly identified as coterminous with Exhibit A, shall remain coterminous with Exhibit A as amended herein. Accordingly, each such exhibit shall continue through the Initial Term and the two (2) successive fifteen-year renewal terms described in Section 2 of this Amendment, unless a particular exhibit expressly provides otherwise. 5. Continued Application of Agreement. The renewal terms provided under this Amendment remain subject to all terms, conditions, limitations, and termination rights contained in the Agreement, including those relating to the continuation of necessary Rights. 6. No Other Modification. Except as expressly amended herein, all provisions of the Agreement and its exhibits remain unchanged and in full force and effect. 7. Conflict. If a conflict exists between this Amendment and the Agreement or any applicable exhibit, this Amendment shall control with respect to the subject matter addressed herein. 8. Defined Terms. Capitalized terms not defined in this Amendment have the meanings assigned to them in the Agreement. 9. Counterparts and Electronic Signatures. This Amendment may be executed in counterparts, each of which shall be considered original and all of which together shall constitute one instrument. Electronic signatures shall have the same force and effect as original signatures. IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their duly authorized representatives. VILLAGE OF JACKSON MIDWEST FIBER NETWORKS, LLC By: Name: Title: Date: By: Name: Title: Date: Page 101 of 139 Resolution #26-31 1 RESOLUTION #26-31 A RESOLUTION UPDATING FINANCIAL POLICIES FOR EXISTING INVESTMENT POLICY, PURCHASING AUTHORITY POLICY, FUND BALANCE POLICY, DEBIT LIMIT POLICY, AND ADDING A CAPITAL ASSET POLICY WHEREAS, on November 8, 2022 the Village Board approved Resolution #22 -21 Establishing Financial Policies to include an Investment Policy, Purchasing Authority Policy, and Fund Balance Policy; and WHEREAS, Financial Policies are required to be reviewed and revised on a bi -annual basis; and WHEREAS, the Village Auditor has recommended the addition of a Capital Asset Policy; NOW, THEREFORE, BE IT RESOLVED, that the Village Board of the Village of Jackson, Washington County, Wisconsin, does hereby adopt the updates to financial policies including the existing Investment Policy, Purchasing Authority Policy, Fund Balance and General Obligation Debt Limit Policies, and adopts the new Capital Asset Policy as outlined in and attached as Exhibit A. Introduced by: Seconded by: Vote: Ayes Nays Passed and Approved: Brian J. Heckendorf – Village President Attest: Lisa Heiser - Village Clerk Page 102 of 139 Resolution #26-31 2 Proof of Posting: I the undersigned, certify that I posted this Resolution on posting boards at the Jackson Municipal Complex, Post Office, and one other location in the Village. Village Official Date Page 103 of 139 Village of Jackson Investment Policy and Designation of Public Depositories PURPOSE: This policy applies to all funds under the authority of the Village of Jackson , Wisconsin ( the “Village”) not immediately needed to meet operating expenses of the Village . These funds shall, where permissible, be pooled together to achieve the best rate of return. The following fund types are covered by this investment policy: general, debt service, recreation, fire, capital project, sewer utility, water utility. This policy will include any new funds created, unless specifically exempted. GENERAL OBJECTIVES: 1. SAFETY Safety of principal is the foremost objective of the investment program. Investments of the portfolio shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. 2. LIQUIDITY The investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated. Investment portfolios will be structured so that securities mature concurrently with cash needs to meet anticipated demands. Alternatively, a portion of any portfolio may be placed in money market mutual funds or local government investment pools authorized and permissible under Wisconsin statutes which offer same-day liquidity for short term funds. 3. YIELD Investment portfolios shall be designed with the objective of attempting to attain a market rate of return throughout budgetary and economic cycles, factoring investment risk constraints and liquidity needs. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. Securities shall generally be held until maturity with the following exceptions: • A security with declining credit quality may be sold prior to maturity to minimize loss of principal. • Liquidity needs of the Village require that a security or securities are sold prior to maturity. • A security swap would improve the safety and yield of the overall portfolio. STANDARDS OF CARE: 1. Prudence Investments shall be made with judgment and care giving first consideration to the safety of the investment, then liquidity, and finally yield. "Notwithstanding any other provisions of law, a treasurer who deposits public moneys in any public depository, in compliance with s. 34.05, is thereby relieved of liability for any loss of public moneys which results from failure of any public depository to repay to the public depositor the full amount of its deposits thus causing a loss as defined in s. 34.01 (2)." (Section 34.06 of the Wisconsin Statutes) This policy should not be construed as to imply that an investor should engage in speculative or risky investments. Nor does this policy condone aggressive leveraging for investment purposes. 2. Ethics and Conflicts of Interest Officers and employees involved in the investment process shall refrain from personal business activity that could conflict with the proper execution and management of the investment program, or that could impair their ability to make impartial decisions. Officers and employees shall refrain from undertaking personal investment transactions with the same individual with whom business is conducted on behalf of the Village. Page 104 of 139 3. Delegation of Authority Management and administrative responsibility for the investment program of the Village is entrusted to the Village Treasurer and Administrator under the direction of the Village Board. Individuals authorized to engage in investment transactions on behalf of the Village are the listed in Appendix A. 4. Permissible Investments Permissible investments include any investment stipulated in Wisconsin statute 66.0603 (1m). See full list in Appendix B. • Debt service reserve fund investments specifically for use toward General Obligation debt shall be further restricted to those permissible as per Wisconsin statute 67.11. 5. Risks The deposits and investments of state and local governments are exposed to risks that have the potential to result in losses. The Village will seek to mitigate common investment risks: credit risk, concentration risk, interest rate risk, and foreign currency risk. • The investments of the Village shall be held in the name of the Village and held in custodial safekeeping. All custodial agreements shall comply with the laws of the State of Wisconsin. INTERNAL CONTROLS: The Village Treasurer, Administrator, and Auditor shall establish a system of internal controls designed to prevent losses of Village funds arising from fraud, misrepresentation by third parties, unanticipated changes in financial markets, employee error, or imprudent actions by employees. Internal controls shall address: • Separation of transaction authority from accounting and record keeping. • Clear delegation of authority to subordinate staff members. • Confirmation of transactions for investments and wire transfers. • Development of a Wire Transfer Request Form for Department Heads to submit to the Treasurer (see attached). • Investment and interest earnings will be recorded in the Village’s accounting records based on generally accepted government accounting principles. • A periodic summary of all investment transactions will be prepared by the Village Treasurer for review by the Village Board. • Each year, as part of the annual audit by an external auditing firm, there will be an independent review. This review will provide internal control by assuring compliance with this policy. COLLATERALIZATION: Certificates of Deposit that exceed FDIC insurance limits and/or coverage limits specified in Wisconsin statutes 34.08(1)(2) shall require collateral valued at 102% of the principal and accrued interest. Conditions of the collateral arrangement will be detailed in a “Security Agreement” between the depository financial institution and the Village. Collateral pledged to the Village for this purpose will be held by a third-party custodian, in the Village’s name, and evidenced by a “Tri-Party” agreement between the depository financial institution, the Village, and the custodian. Evidence of ownership must be detailed in a safekeeping receipt supplied to the Village Treasurer. Collateral substitution(s) must be authorized by the Village. The Village may also request collateral, under the same conditions as stated above, for any deposits at any financial institution that exceed FDIC insurance limits. Page 105 of 139 INVESTMENT PARAMETERS: Diversification Investments shall be diversified by: • Limiting investments to avoid over concentration in securities from a specific issuer, industry, or business sector, excluding U.S. Treasury obligations. • Investing in securities with varying maturities. • Continuously investing a portion of the investment portfolio in readily available funds such as local government investment pools, money market accounts, or money market mutual funds permissible under state statute. REPORTING: The Village Treasurer shall present a periodic report on the investment program and investment activity to the Village Board. The management summary shall be prepared in a manner that will allow the Village Board to determine if investment activities during the reporting period conform to this Investment Policy. POOLING OF CASH: Except where otherwise provided by the Village Board, the Village Treasurer is authorized to pool the cash of the funds identified in this policy to maximize investment earnings where it is advantageous and prudent to do so. Investment income will be allocated to the various funds based on the pro rata portion of each fund. ADOPTION AND APPROVAL: By resolution, the Investment Policy shall be formally approved and adopted by the Village Board and reviewed as needed but at least every two years. LIST OF ATTACHMENTS: The following documents, as applicable, are attached to this policy: • Relevant Wisconsin statutes and local ordinances • List of authorized personnel • List of authorized public depositories, financial institutions, and broker/dealers • Internal Procedure – Wire Fund Transfers and Wire Transfer Request Form Page 106 of 139 Appendix A - List of authorized personnel Jen Heidtke, Village Administrator Darlene Smith, Jeff Hamers, Village Treasurer Appendix B – State Statute 66.0603 Investments 66.0603 Investments. (1g) DEFINITION. In this section, “governing board" has the meaning given under s. 34.01 (1) but does not include a local exposition district board created under subch. II of ch. 229 or a local cultural arts district board created under subch. V of ch. 229. (1m) INVESTMENTS. (a)A county, village, town, school district, drainage district, technical college district or other governing board, other than a local professional football stadium district board created under subch IV of ch 229, may invest any of its funds not immediately needed in any of the following: 1. Time deposits in any credit union, bank, savings bank, trust company, or savings and loan association which is authorized to transact business in this state. 2. Bonds or securities issued or guaranteed as to principal and interest by the federal government, or by a commission, board or other instrumentality of the federal government. 3. Bonds or securities of any county, Village, drainage district, technical college district, village, town or school district of this state. 3m. Bonds issued by a local exposition district under subch. II of ch. 229. 3p. Bonds issued by a local professional baseball park district created under subch. III of ch. 229. 3q. Bonds issued by a local professional football stadium district created under subch. IV of ch. 229. 3s. Bonds issued by the University of Wisconsin Hospitals and Clinics Authority. 3t. Bonds issued by a local cultural arts district under subch. V of ch. 229. 3u. Bonds issued by the Wisconsin Aerospace Authority. 4. Any security which matures or which may be tendered for purchase at the option of the holder within not more than 7 years of the date on which it is acquired, if that security has a rating which is the highest or 2nd highest rating category assigned by Standard & Poor's corporation, Moody's investors service or other similar nationally recognized rating agency or if that security is senior to, or on a parity with, a security of the same issuer which has such a rating. 5. Securities of an open-end management investment company or investment trust, if the investment company or investment trust does not charge a sales load, if the investment company or investment trust is registered under the investment company act of 1940, 15 USC 80a-1 to 80a-64, and if the portfolio of the investment company or investment trust is limited to the following: a. Bonds and securities issued by the federal government or a commission, board or other instrumentality of the federal government. b. Bonds that are guaranteed as to principal and interest by the federal government or a commission, board or other instrumentality of the federal government. c. Repurchase agreements that are fully collateralized by bonds or securities under subd. 5. a. or b. Appendix C - List of authorized public depositories, financial institutions, and broker/dealers Westbury Bank State of Wisconsin Local Government Investment Pool (LGIP) Ehlers Investment Partners LLC Pershing Advisor Solutions LLC Page 107 of 139 Village of Jackson Purchasing Authority Policy and Procedures PURPOSE: The purpose of this policy is to provide Village of Jackson personnel and elected officials with guidelines and directions for the acquisition of goods and services. When used with good judgement and common sense, the policies and procedures conveyed withi n will allow the Village to obtain required supplies and services efficiently and economically, while assuring adequate internal controls and purchasing authority. Employees as well as non-employees who carry out the functions of the various Village Boards, Committees, and Commissions, are expected to read this policy and provide the Treasurer’s Office with feedback regarding the policies and procedures contained within. This policy is designed to be a fluid document and will be modified from time to time to conform with changes in legislation, technology, and actual practice. The Village Administrator, or his/her designee, shall be the final authority with regards to enforcement of any of the provisions of this policy. Failure to follow the procedures outlined in this policy may lead to disciplinary action in accordance with the provisions of the Village of Jackson Employee Handbook. CODE OF ETHICS: All Village personnel engaged in purchasing and related activities shall conduct business dealings in a manner above reproach in every respect. Transactions relating to expenditure of public funds require the highest degree of public trust to protect the interest of the Village and the residents of Jackson. Village representatives, including elected officials, appointed officials, and employees, shall strive to: 1. Ensure that public money is spent efficiently and effectively and in accordance with statutes, regulations, and Village policies. 2. Always maintain confidentiality. 3. Not accept gifts or favors from current or potential suppliers, which might compromise the integrity of their purchasing function. 4. Specify generic descriptions of goods whenever possible in lieu of brand names when compiling specifications. 5. Never allow purchase orders for identical goods or services to be split or variations to Village Board approvals to be made to circumvent established policy. 6. Purchase without favor or prejudice. 7. Ensure that all potential supplies are provided with adequate and identical information upon which to base their offer or quotation and that any subsequent information is made available to all bidders. 8. Establish and maintain procedures to ensure that fair and equal consideration is given to each offer or quotation received. Selection is based upon merit and ability to complete task. Cost will be considered but not the limiting factor. 9. Offer a prompt and courteous response to all inquiries from potential or existing suppliers excluding solicitors. It will be the responsibility of the Village Administrator to determine if a violation of this Code of Ethics has occurred and if disciplinary action is necessary. CONFLICT OF INTEREST POLICY: Except as may be disclosed to and permitted by the Village Board, it shall be a breach of ethical standards for any Village Representative, including elected officials, appointed officials, and Page 108 of 139 employees, to participate directly or indirectly in the purchasing process when the Village representative knows that: 1. The Village representative, the Village Representative’s partner, or any member of the Village Representative’s immediate family holds a position with a bidder, offeror, or contractor such as an officer, director, trustee, partner, or the like, or is employed in a capacity involving personal and substantial participation in the procurement transaction, or owns or controls an interest in the company; or 2. The Village Representative, the Village Representative’s partner, or any member of the Village Representative’s immediate family has a financial interest arising from the procurement transaction; or 3. The Village Representative, the Village Representative’s partner or any member of the Village Representative’s immediate family is negotiating or has an arrangement concerning prospective employment with a bidder, vendor, or contractor. The Village Representative’s immediate family shall be defined as a spouse, children, partners, brothers, sisters, and any other person living in the same household as the Village Representative. It shall be the responsibility of the Village Administrator to determine if a violation of this Conflict-of-Interest policy has occurred and if disciplinary action is necessary. GIFTS, GRATUITIES AND CONTRIBUTIONS: Village representatives, including elected officials, appointed officials, and employees, should be aware that offers of gratitude from vendors could be designed to compromise objective judgement in product or service selection. Accordingly, it is the Village policy to observe the highest standard of ethics and to shield the Village representatives and the vendor from any suggestion or appearance of conflict of interest. No Village representative shall permit any influence by vendors, which could conflict with the best interest of the Village or prejudice the Village’s reputation. Expenditures of Village funds to vendors shall not by intention personally benefit any Village representative. Village representatives shall strive to adhere to the following guidelines: 1. Tangible gifts or gratuities shall not be accepted where their value suggests something more than merely a social gesture. Such gifts should be immediately returned to the Village Administrator’s office for return with an appropriate statement explaining Village policy. Promotional or advertising items of nominal value such as key chains, pens, calendars, or holiday cookies and candy are acceptable. Promotional gifts that are capable of being shared, such as a box of cookies, shall be shared within the office or department where the recipient works. 2. Association with vendor representatives as business meals or business organization meetings is occasionally necessary and is neither questionable nor unethical, provided the individual keeps himself/herself free of obligation. 3. Personal loans of money or equipment are not to be accepted from a vendor or an individual associated with a vendor doing business with the Village. 4. Corporate discounts granted to Village officials or employees are acceptable only if they are offered to all Village officials, employees, and other corporate clients of the vendor. 5. Any person, firm, corporation or other legal entity, or any owner thereof is prohibited from making donations or contributions that total two hundred dollars or more to a Village representative, a Village’s representative’s political campaign, or officials of any organization supporting said Village representative. Any person, firm, corporation or other legal entity, or any owner thereof that has violated this provision shall be prohibited from supplying or providing the Village, either directly or indirectly, unless the provision of services was pursuant to the competitive bidding process and the contributor was the lowest responsible bidder. Page 109 of 139 If any doubt about the propriety of accepting a gift or contribution, the matter should be referred to the Village Administrator. PURCHASING AUTHORITY: All purchases shall require approval from the appropriate Supervisor, Department Head, Treasurer, Village Administrator, or the Village Board in accordance with the following guidelines: Dollar Limits Required Approval Under $10,000 Supervisor or Department Head $10,001 - $24,999 Supervisor or Department Head, and Treasurer $25,000 - $49,999 Supervisor or Department Head, Treasurer, and Village Administrator $50,000 and above Supervisor or Department Head, Treasurer, Village Administrator, and Village Board Any person responsible for approving purchases at any level may delegate their approval authority to a designee in the event they are unavailable to approve purchases. PROCUREMENT METHODS: 1. Invoice Approval Small purchases of goods or services less than $10,000 and certain required or routine payments do not require a formal purchase order. Examples include utility payments, payments in accordance with Intergovernmental Agreements, and payments in accordance with approved Village contracts. The payment of the invoice is subject to the purchasing authority approval outlined in this policy. Invoice approval is documented in the financial software system. 2. Purchase Order Except for purchases under $25,000, certain required or routine payments, all other purchases shall require the issuance of a regular purchase order to the vendor before an order for goods or services is filled. Approval of the purchase order is subject to the purchasing authority outlined in this policy. 3. Credit Card The Village Credit Card Program is intended to streamline and simplify purchasing and payment procedures by consolidating supplier invoices and eliminating form processing. 4. On-Line Purchasing The internet may be utilized for on-line purchasing as a tool for obtaining favorable pricing, preferred products/services and securing expedited procurement. On-line purchasing is subject to all requirements of this policy and is not to be used for means other than allowed by this policy. On-line purchasing shall be subject to the pricing authority requirements outlined in this policy. On-line purchases are to be made preferably utilizing a Village issued credit card. Situations when an employee utilizes their own credit card to make a purchase on behalf of the Village are subject to pre-approval of the employee’s Department Head. Such pre- approved purchases will be reimbursed directly to the employee through the Village’s Payroll process. The employee must obtain a receipt or other form of documentation substantiating the on-line purchase to be reimbursed. 5. Petty Cash Petty cash is to be used to reimburse employees for Village expenses which the employee incurs up front and for small purchases which are handled most efficiently in this manner. The following restrictions apply: Page 110 of 139 a) Individual petty cash purchases are limited to one hundred dollars ($100.00). Purchases over this limit must be reimbursed through the regular payroll process. b) Employees must prepare a petty cash voucher which is approved by the Department Head. c) Receipts documenting the expense must be attached to the petty cash voucher. d) If an advance is given out of petty cash, a request form is filled out noting the amount of the advance along with the GL code and must be signed by the employee receiving the advance. COMPETITIVE QUOTES AND/OR BIDS: 1. General Purchasing It is the intent of this policy to obtain the most cost-effective price available for purchases through competitive pricing. Employees are responsible for obtaining quotes for purchases in the instances outlined below: Dollar Limits Quote/Bid Requirement Up to $10,000 One verbal quote is sufficient. If the nature of the purchase is repetitive (i.e., monthly), pricing does not need to be obtained every time, but should be reviewed annually. Employees are encouraged to seek additional pricing when possible. $10,001 - $24,999 Two verbal quotes required. $25,000 - $49,999 Two written quotes required. $50,000 and above Must be competitively bid in accordance with State law and Village ordinances. Formal bid or RFP process required. Village Board approval is required. The Village Administrator has discretion to make budget adjustments for non-budgeted items up to $50,000 if the item does not increase the bottom line of the budget. Amendments over this amount, or which will increase the total amount of the budget, must be brought before the Village Board for approval. Documentation of any amendment of $25,000 or more shall be communicated to the Village Board in advance. Any goods or services purchased at a negotiated or Government rate via Sourcewell or VendorNet are not subject to the quote and bid requirements as listed above. 2. Sole Source Purchases Contracts for parts, supplies or equipment that are available only from a single source are referred to as sole source purchase. Sole source procurements may arise from the following circumstances: a) Equipment for which there is no comparable competitive product or is available only from one supplier. b) Public utility services from natural or regulated monopolies. c) A component or replacement part for which there is no commercially available substitute, and which can be obtained only from the manufacturer. d) An item where compatibility is the overriding consideration, such as computer software. e) An item used, for example, a television transmitter tower, that becomes immediately available and is subject to prior sale. These items shall not be subject to requirements for seeking competitive quotes or bids. The purchase requisition should include documentation of the reason quotes were not obtained. Purchases are subject to purchasing approvals as outlined in this policy prior to acquisition. Purchases more than $50,000 shall be presented to the Village Board prior to acquisition with a request to waive bids in addition to approval of the purchase order. Page 111 of 139 3. Professional Service Contracts Professional service contracts are contracts for services of individuals processing possessing a high degree of a specific professional skill and, as such, are also not considered adaptable to competitive bidding. Professional service contracts can be procured through the Request for Proposal (RFP) process, Request for Qualifications (RFQ) process, or through negotiation with a single source when only one know source can perform the services required or when it is deemed to be in the best interest of the Village based on previous service provided, experience with Village equipment, or operations. All professional service contracts, regardless of amount, are required to include, at the time of request for proposal, a request for a certificate of insurance evidencing professional liability (errors and omissions) insurance in addition to normal insurance requirements. All professional service contracts which are ongoing or for a one-time service for an amount greater than $10,000 should be reviewed by the Village Administrator, if needed by the Village Attorney, and are subject to the approval requirements outlined in this policy. 4. Emergency Purchases Emergencies are defined as events that could not have been foreseen where immediate action is necessary to safeguard the public’s health and safety. In the event of an emergency affecting the public health and safety, the Village Administrator or designated Department Head may authorize a vendor to perform work necessary to resolve such emergency without formal bid solicitation. Documentation of the emergency and the need for immediate action shall be communicated to the Village Board in a reasonable period following resolution of the crisis. Emergency purchases of $50,000 or more will be presented retroactively to the Village Board for approval. 5. Use of Sales Tax Exemption Village purchases are not subject to sales tax and exemption forms may be obtained from the Treasurer’s office. Employees shall provide vendors a sales tax exemption form when required. Use of the Village’s sales tax exemption number is restricted to purchase made on behalf of the Village. FORMAL BIDDING PROCESS: All purchases of goods and services of $50,000 or more shall be subject to the competitive bidding process and shall be let, by free and open competitive bidding after advertisement, to the lowest responsible bidder or any other bidder whom the Village Board deems to be in the interest of the Village. The requirement for competitive sealed bids may be waived by a two-thirds vote of the Village Board. 1. Invitation to Bid The Village initiates the formal bid process by describing the project to be bid, cost estimates, amount budgeted and time schedule for both the bidding and completion of the project. Detailed specifications are prepared and, if required, a “Bid Notice” shall be published on the Village Website and at least one newspaper a minimum of two weeks prior to the time designated for the opening of bids. An invitation to bid is mailed sent out to qualified bidders with experience working on Village projects. All invitations to bid shall be reviewed by the Village Administrator prior to being issued. 2. Bid Opening Qualified bids shall be evaluated based on the requirements described in the invitation to bid, which may include criteria to determine acceptability such as inspection, testing, quality, workmanship, delivery, and suitability for a specified purpose. No criteria may be used in bid evaluation that is not set out in the invitation to bid. At no time should any Page 112 of 139 information be made available to any prospective bidder which is not available to all prospective bidders. Page 113 of 139 Village of Jackson Fund Balance and General Obligation Debt Limit Policies PURPOSE: To seek to maintain a stable financial environment for the Village of Jackson’s operations that allows the Village to provide quality services to residents in a fiscally responsible manner designed to keep services and taxes as consistent as possible over time. This fund balance policy is meant to serve as the framework upon which consistent operations may be built and sustained. OBJECTIVES: The intent of this policy is to seek to avoid unanticipated, one-time expenditures, or revenue reductions resulting from external changes; to ensure funds are available as necessary to allow the Village to respond to unforeseen emergencies; to establish and maintain a pay as you go capital improvement fund attempting to minimize the need for long-term debt; to provide sufficient working capital to eliminate the need for short-term borrowing due to the timing of the receipt of short-term receivables and the remittance of short-term payables; to comply with GASB 54 while achieving the purpose as described above. POLICIES: • Non-spendable Fund Balance At the end of each fiscal year, the Village will report the portion of the fund balances that is not in spendable form as Non-spendable Fund Balance on the financial statements • Spendable Fund Balance Categories should be supported by actual plans approved by either the governing body, an appropriate officer, grant providers or enabling legislation. o Restricted Fund Balance At the end of each fiscal year, the Village will report “Restricted” fund balance for amounts that have applicable legal restrictions per GASB #54. In addition, encumbrances or funds restricted by enabling legislation will be reposted as “restricted”. o Committed Fund Balance Prior to the end of each fiscal year, the Village will report “Committed” fund balance for long-term loan receivables such as advances to other funds and similar accounts. o Assigned Fund Balance At the end of each fiscal year, the Village will report “Assigned” fund balance for capital improvements according to the Village’s Capital Improvement Plan. o Unassigned Fund Balance A minimum Unassigned Fund Balance equal to 35% and a maximum Unassigned Fund Balance equal to 75% should be maintained of total General Fund Expenditures. Should the actual amount designated for Unassigned Fund Balance fall below the desired minimum, the Village shall create a plan to restore the appropriate levels. Should the actual amount designated for Unassigned Fund Balance rise above the desired maximum, any excess funds will remain undesignated pending the Board’s final decision concerning transfer to another fund. It is the policy of the Village that such excess funds will be, by Board action, reported in the spendable category of this policy. Any budget revision that will result in the Unassigned Fund Balance dropping below the minimum level will require the approval of 2/3 vote of the Village Board. Page 114 of 139 • General Obligation (G.O.) Debt Limit The total principal amount outstanding of debt obligations carrying the G.O. pledge of the Village may not exceed an amount equal to five (5) percent of the Village’s equalized value (including any tax increments) as determined by the Wisconsin Department of Revenue. As identified in the “Affordability Targets” section of this policy, the Village has imposed on itself a more restrictive direct debt burden limitation of sixty (60) percent, which is equivalent to utilization of no more than three (3) percent of its statutorily allowed debt capacity. • Classifying Fund Balance Amounts When both restricted and unrestricted funds are available for expenditure, restricted funds should be spent first unless legal requirements disallow it. When committed, assigned and unassigned funds are available for expenditure, committed funds should be spent first, assigned funds second, and unassigned funds last, unless the Village Board has provided otherwise in its commitment or assignment actions. • Authority to Commit Funds The Village Board has the authority to set aside funds for a specific purpose. Any funds set aside as Committed Fund Balance requires the passage of an ordinance by a simple majority of the Board. The passage of an ordinance must take place prior to December 31st of the applicable fiscal year. If the actual amount of the commitment is not available by December 31st, the ordinance must state the process or formula necessary to calculate the actual amount as soon as information is available. • Authority to Assign Funds Upon passage of the Fund Balance Policy, authority is given to the Village Administrator to assign funds for specific purposes. Any funds set aside as Assigned Fund Balance must be reported to the municipalities’ governing board as soon as possible. The Village Board has the authority to remove or change the assignment of the funds with a simple majority vote. The Village Board has the authority to set aside funds with the intended use of a specific purpose. Any funds set aside as Assigned Fund Balance requires a simple majority vote and must be recorded in the minutes. The same action is required to change or remove the assignment. • Surplus Use At the end of each fiscal year, it is the intent of the Village to use all surpluses generated to meet the objectives of this policy. To this end, any surpluses realized in the general fund at year end shall be used first to meet fund balance policies as set forth above. If such fund balances are healthy, as determined by the Village Administrator, excess surplus will then be used for the following purposes, listed in priority order: o Capital Improvement After the Cash Flow and Contingency fund balance have been satisfactorily met, up to 60 percent of excess surplus may be set aside to provide the cash necessary to administer the Capital Improvement Fund. Prior to any funds being transferred, a simple majority of the Board must approve the allocation by resolution. (Additional surplus, above the afore mentioned 60 percent, may be allocated to Capital Improvement, however consideration for Retirement or Refinancing of Existing Debt should be made prior to exceeding that amount). o Retirement or Refinancing of Existing Debt Any excess surplus remaining after Capital Improvement has been met may be used to pay principal on existing debt obligations as approved by a simple majority of the Board via resolution. Page 115 of 139 o Variation from Surplus Use Policy If this policy does not properly address the current needs of the Village at the time of implementation, the Board may consider alternative uses of surplus funds by modifying this document via resolution, approved by a simple majority of the Board. • Periodic Review This policy will be reviewed annually by staff following each fiscal year audit or sooner at the direction of the Village Board. APPENDIX A DEFINITIONS: Fund Balance – The difference between assets and liabilities in governmental funds. The Fund Balance consists of five categories: 1- ‘Non-spendable’ and 4 - Spendable: ‘Restricted’, ‘Committed’, ‘Assigned’ and ‘Unassigned’. • Non-spendable Fund Balance – Describes the amount of a fund balance that cannot be spent because it is either not in spendable form or there is a legal or contractual requirement for the funds to remain intact. Examples include inventory, prepaid amounts, and land. • Spendable Fund Balance – Describes the amount of fund balance that is available for appropriation based on the constraints that control how specific amounts can be spent. Typically, a significant portion of a government’s spendable resources can be spent only for specified purposes. The following categories define the revenue source and the level of force of the constraint on spending. o Restricted Fund Balance – The restricted fund balance category includes the portion of the spendable fund balance that reflects constraints on spending because of legal restrictions stipulated by outside parties (e.g., encumbrances for goods or services with outside parties-creditors, grantors outstanding at the end of the year). Also, any legal restrictions based on state statutes or grant requirements placed on the use for specific purposes. Examples include debt service funds, grant funds and impact fees. o Committed Fund Balance – The committed fund balance classification includes the portion of the spendable fund balance that reflects constraints that the Village has imposed upon itself by a formal action of the Village Board (for example, an ordinance passed by a Village Board). This constraint must be imposed prior to year-end but the amount can be determined later. Examples include capital expenditures, construction, and improvements under contract. o Assigned Fund Balance – The assigned fund balance is the portion of the spendable fund balance that reflects funds intended to be used by the Village for specific purposes assigned by more informal operational plans (e.g., capital goods replacement - the constraint on use is not imposed by external parties or by formal Board action). In Village funds other than the general fund (capital improvement funds and debt service funds), assigned fund balance represents the amount that is not restricted or limited. Examples are capital projects or equipment purchases. o Unassigned Fund Balance – This is the residual classification for the Villages’ General Fund and includes all spendable amounts not contained in the other classifications and, therefore, not subject to any constraints. Unassigned amounts are available for any purpose. These are the current resources available for which there are no Village self- imposed limitations or set spending plan. Although there is generally no set spending Page 116 of 139 plan for the unassigned portion, there is a need to maintain a certain funding level. Unassigned fund balance is commonly used for emergency expenditures not previously considered. In addition, the resources classified as unassigned can be used to cover expenditures for revenues not yet received. Examples are funds held as working capital and for emergencies. Page 117 of 139 Village of Jackson Capital Asset Policy ($10,000 Threshold) PURPOSE: This Capital Asset Policy establishes uniform procedures for identifying, recording, safeguarding, depreciating, and disposing of capital assets owned by the Village of Jackson. The policy is intended to support accurate financial reporting, accountability, and stewardship of public assets. SCOPE: This policy applies to all Village departments, funds, and activities that acquire, use, maintain, transfer, or dispose of capital assets, including assets purchased, constructed, donated, leased when required to be capitalized, or otherwise acquired by the Village. CAPITALIZATION THRESHOLD: The Village shall capitalize assets that meet both of the following criteria: 1. The asset has an estimated useful life of more than one year; and 2. The asset has an individual cost or estimated value of $10,000 or more. Assets below the capitalization threshold shall generally be expensed in the period acquired, unless tracking is required for insurance, grant compliance, legal, operational, or internal control purposes. CAPITAL ASSET CATEGORIES: Capital assets may include, but are not limited to, the following categories: 1. Land and land improvements 2. Buildings and building improvements 3. Infrastructure, including roads, bridges, sidewalks, water, sewer, stormwater, and similar systems 4. Machinery and equipment 5. Vehicles 6. Technology equipment and software 7. Construction in progress VALUATION OF CAPITAL ASSETS: Capital assets shall be recorded at historical cost when available. Historical cost includes the purchase price and other costs necessary to place the asset into service, such as freight, installation, site preparation, professional fees, and similar directly related costs. If historical cost is not available, the Village shall use a reasonable documented estimate. Donated assets shall be recorded at their estimated acquisition value as of the date accepted by the Village. REPAIRS, MAINTENANCE, AND IMPROVEMENTS: Routine repairs and maintenance that preserve an asset in its normal operating condition shall be expensed. Costs that materially extend an asset’s useful life, increase its capacity, or significantly improve its efficiency or functionality shall be capitalized if the cost meets the Village’s $10,000 capitalization threshold. DEPRECIATION: Capital assets with finite useful lives shall be depreciated using the straight-line method over their estimated useful lives. Depreciation shall begin when the asset is placed in service. Land and construction in progress shall not be depreciated. Construction in progress shall be transferred to the appropriate capital asset category when the project is substantially complete and placed in service. Page 118 of 139 ESTIMATED USEFUL LIVES: The Village shall assign useful lives based on the nature of the asset, expected service life, manufacturer guidance, engineering estimates, accounting guidance, or other reasonable documentation. Asset Category General Useful Life Guidance Buildings and major improvements 20-50 years Infrastructure 20-50 years Machinery and equipment 5-20 years Vehicles 5-15 years Technology equipment and software 3-10 years Land Not depreciated Construction in progress Not depreciated DISPOSAL AND TRANSFERS: Capital asset disposals, retirements, trade-ins, sales, scrapping, or transfers shall be approved in accordance with Village procedures. When an asset is disposed of, the Village shall remove the asset cost and related accumulated depreciation from the capital asset records and recognize any gain or loss in accordance with applicable accounting procedures. Page 119 of 139 Resolution #26-32 1 RESOLUTION #26-32 A RESOLUTION REQUESTING PARTICIPATION IN AND COUNTY ASSISTANCE THROUGH THE WASHINGTON COUNTY SHARED SERVICES GRANT PROGRAM FOR COUNTYWIDE FIRE/EMERGENCY MEDICAL SERVICES (EMS) WHEREAS, the Village Board of the Village of Jackson recognizes the critical importance of local Fire and Emergency Medical Services (EMS) readiness, response, governance, and accountability to protect public health and safety within the community; and WHEREAS, Washington County has established and intends to administer a shared - services grant program to support municipal Fire/EMS operations and Fire/EMS -related administrative and oversight activities through defined performance expectations and reporting, with funding subject to annual appropriation by the Washington County Board of Supervisors; and WHEREAS, the County has identified multiple funding sources for this program —an authorized County levy under Wis. Stat. § 66.0602(3)(e)6., and the already implemented County sales tax—and intends to combine these revenue sources so that the program is net neutral in tax rate impact to the County’s overall tax rate, recognizing that all program funding remains contingent on annual County Board appropriation; and WHEREAS, the grant program is not intended to create, operate, or constitute a countywide EMS system under Wis. Stat. ch. 256, and participating municipal Fire/EMS agencies shall remain locally operated, and managed, with no shift of municipal Fire/EMS operations t o County control; and WHEREAS, Wis. Stat. § 59.03(2)(b) authorizes Washington County to establish programs and assume functions by resolution, and Wis. Stat. § 59.03(2)(a) provides a municipal mechanism to request County exercise or joint exercise of functions upon terms specified by municipal resolution, provided the resolution is passed by a majority of the members -elect, specifies the terms upon which the powers shall be exercised, states whether the authority is to be exercised exclusively by the County or jointly, and finds that County exercise is in the public interest; and WHEREAS, the Village Board finds that requesting County assistance through the shared- services grant program for Fire/EMS support, including specified grant program administrative and oversight functions tied to performance expectations and reporting, is in the public interest; and WHEREAS, the County may respond by resolution to exercise the requested function(s) and enter into a grant agreement and/or an intergovernmental cooperation agreement with this Body consistent with Wis. Stat. § 66.0301. Page 120 of 139 Resolution #26-32 2 NOW, THEREFORE, BE IT RESOLVED, that the Village Board of the Village of Jackson, Washington County, Wisconsin, that pursuant to Wis. Stat. § 59.03(2)(a), the Village of Jackson formally requests that Washington County exercise specified administrative and oversight functions related specifically to the Washington County Shared Services Grant Program for Countywide Fire/EMS, limited to the following categories in support of munic ipal Fire/EMS 2 operations: Program performance measurement, benchmarking, and related reporting coordination tied to readiness, response, governance, and accountability expectations, grant administration, including application intake, eligibility review, compliance monitoring, and disbursement consistent with annual County appropriation, and technical assistance related to shared-services planning, intergovernmental coordination, and best -practices support for Fire/EMS administrative and oversight activities. Be it Further Resolved that the Village Board finds that County exercise of the above - listed administrative and oversight functions, in connection with grant support to the Village of Jackson, is in the public interest because it supports sustainable local Fire/EMS readiness and response while enhancing governance and accountability through defined performance expectations and reporting. Be it Further Resolved that the authority requested above is to be exercised exclusively by Washington County as part of the County’s administration of the shared- services grant program. Be it Further Resolved that the Village Board authorizes the Village Administrator to negotiate, approve as to form, and execute on behalf of the Village of Jackson a grant agreement with Washington County for participation in the Washington County Shared Services Grant Program for Countywide Fire/EMS. Introduced by: Seconded by: Vote: Ayes Nays Passed and Approved: Brian J. Heckendorf – Village President Attest: Lisa Heiser - Village Clerk Page 121 of 139 Resolution #26-32 3 Proof of Posting: I the undersigned, certify that I posted this Resolution on posting boards at the Jackson Municipal Complex, Post Office, and one other location in the Village. Village Official Date Page 122 of 139 Taking the lead in Washington County STAFF MEMO Village of Jackson Public Works To: Brian Heckendorf, Village President Jen Heidtke, Village Administrator CC: Budget and Finance; Village Board From: Jack Straehler, Director of Public Works Subject: Pay Request #4 – 2026 Street Improvement Projects - Eagle Drive, Hawthorn Drive, Aspen Drive, and Linden Drive - Vinton Construction in the amount of $1,120,124.61 Meeting Date: October 13, 2026 – Budget and Finance Background and Analysis: This memo is to inform the Board of Pay Request # 4 from Vinton Construction in the amount of $1,120,124.61 for work completed on the 2026 Street Improvement Projects, which include Eagle Drive, Hawthorn Drive, Aspen Drive, and Linden Drive. The work has been reviewed and verified for accuracy and completion in accordance with the project contract documents and has been found to be acceptable. Funding for this payment will come from the following accounts: 600-00-56700-400-000 (Capital Projects Repairs/Construction - 54%) $604,867.29 300-00-17600-000-380 (Sewer Construction Work - 39%) $436,848.60 200-00-18600-395-000 (Water Construction Work - 7%) $78,408.72 If you have any questions, please let me know. JS Recommendation: Budget and Finance Committee recommends the Village Board approve Pay Request #4 for Vinton Construction in the amount of $ 1,120,124.61. Page 123 of 139 Cedarburg • Green Bay • Madison • Menomonie Community Infrastructure • Architecture • Environmental Services W61N497 Washington Avenue Cedarburg, WI 53012 262-204-2360 www.cedarcorp.com September 10, 2026 Village of Jackson N168 W20733 Main Street PO Box 637 Jackson, WI 53037 Attn: Mr. Jack Straehler II, Director of Public Works Subject: Contractor’s Application for Payment No. 4 Eagle Drive, Hawthorn Drive, Aspen Drive & Linden Drive Reconstruction 2026 Cedar Project No. 05789-0029 Dear Mr. Straehler: Enclosed for your use in payment to Vinton Construction Company in the amount of $1,120,124.61 is Contractor’s Application for Payment No. 4. Following your review and approval, please complete the application for payment forms within the areas reserved for the Owner. Thereafter, retain one copy for your recor ds, provide the second copy to the Contractor with payment and provide the third copy to our office. Should you have any questions, please feel free to contact me at our Cedarburg office. Sincerely, CEDAR CORPORATION Douglas T. Kroes Senior Construction Manager Enclosed: Contractor’s Application for Payment No. 4 Cc: Grant Manion, Vinton Construction Company Page 124 of 139 9/10/26 Page 125 of 139 Unit Price Progress Estimate B C D E F G H I J Quantity Amount Quantity Amount Quantity Amount Quantity Amount 100-01 1 LS $5,750.00 1 $5, 750.00 1 $5,750.00 100.0% 100-02 3790 LF $4.60 3300 $15,180.00 490 $2,254.00 3790 $17,434.00 100.0% 100-03 3805 SY $7.16 3805 $27,243.80 3805 $27,243.80 100.0% 100-04 7685 CY $26.97 3750 $101,137.50 3935 $106,126.95 7685 $207,264.45 100.0% 100-05 755 CY $24.00 755 $18,120.00 755 $18,120.00 100.0% 100-06 1685 SY $7.12 842 $5,995.04 842 $5,995.04 50.0% 100-07 795 TON $16.50 664.53 $10,964.75 664.53 $10,964.75 83.6% 100-08 7800 TON $16.50 3900 $64,350.00 3900 $64,350.00 7800 $128,700.00 100.0% 100-09 1660 TON $21.37 2381.3 $50,888.38 2,381.30 $50,888.38 143.5% 100-10 1755 TON $69.00 1203.05 $83,010.45 1203.05 $83,010.45 68.5% 100-11 1170 TON $65.90 799.9 $52,713.41 799.9 $52,713.41 68.4% 100-12 545 TON $98.20 100-13 10 SY $59.00 100-14 40 LF $50.00 100-15 5405 LF $18.55 3807 $70,619.85 1597 $29,624.35 5404 $100,244.20 100.0% 100-16 60 LF $45.00 100-17 23645 SF $6.80 14073 $95,696.40 14073 $95,696.40 59.5% 100-18 140 SF $8.20 100-19 50 SF $35.00 100-20 2605 SY $75.75 2565.55 $194,340.41 2565.55 $194,340.41 98.5% 100-21 8 CY $1,200.00 8 $9, 600.00 8 $9,600.00 100.0% 100-22 1 EA $200,000.00 0.65 $130,000.00 0.2 $40,000.00 0.85 $170,000.00 85.0% 100-23 885 LF $2.11 885 $1,867.35 885 $1,867.35 100.0% 100-24 40 LF $9.06 40 $362.40 40 $362.40 100.0% 100-25 30 EA $34.07 30 $1,022.10 30 $1,022.10 100.0% 100-26 6 EA $104.50 6 $627.00 6 $627.00 100.0% 100-27 10 EA $71.50 10 $715.00 10 $715.00 100.0% 100-28 27 EA $71.50 27 $1,930.50 27 $1,930.50 100.0% 100-29 11400 SY $7.01 5310 $37,223.10 5310 $37,223.10 46.6% 100-30 2700 SY $8.23 100-31 4 CY $500.00 100-32 2380 SY $2.00 100-33 1 LS $28,000.00 0.65 $18,200.00 0.2 $5,600.00 0.85 $23,800.00 85.0% 100-34 1 LS $3,500.00 100-35 2 EA $7,000.00 100-36 4492 LF $2.40 100-37 17 LF $16.00 100-38 12 LF $8.00 100-39 145 LF $10.75 100-40 675 LF $2.50 675 $1,687.50 675 $1,687.50 100.0% Curb Ramp Detectable Warning Field Natural Patina Concrete Driveway 7-Inch Concrete Surface Drains Mobilization Silt Fence Topsoil, Seed, Fertilizer, and Erosion Mat Temporary Ditch Checks Culvert Pipe Checks Inlet Protection Type A Inlet Protection Type B Inlet Protection Type C Sawing Asphalt HMA Pavement 3 LT 58-28 S HMA Pavement 4 LT 58-28 S Asphaltic Surface Driveways Asphaltic Flumes Concrete Curb & Gutter 18-Inch Type D Concrete Curb Pedestrian Concrete Sidewalk 4-Inch Concrete Sidewalk 6-Inch Clearing & Grubbing Removing Curb & Gutter Removing Concrete Driveways and Sidewalk Excavation Common Excavation Below Subgrade Pulverize and Relay Base Aggregate Dense 3/4-Inch Base Aggregate Dense 1 1/4-Inch Base Aggregate Dense 3-Inch Concrete Curb & Gutter 30-Inch Type D % Comp.Bid No. Description Previous Applications This Application Materials Stored Total Completed & Stored to Date (C+E+G) Contractor's Application 4 8/1/26 to 8/31/26 September 3, 2026 Eagle Drive, Hawthorn Drive, Aspen Drive, Linden Drive A Item Estimated Bid Quantity Unit Price Quantity Completed Project: Application Period: Application Number: Application Date: Topsoil, Seed, Fertilizer, and Mulch Riprap Medium w/ Geotextile Fabric Type HR Geotextile Fabric Type SAS Traffic Control Permanent Signing Rectangular Rapid Flashing Beacon (STA 67+18) Marking Line Epoxy 4-Inch Marking Stop Line Epoxy 18-Inch Marking Diagonal Epoxy 12-Inch Marking Crosswalk Epoxy Transverse Line 6-Inch 00 62 76 - 2 Page 126 of 139 Unit Price Progress Estimate B C D E F G H I J Quantity Amount Quantity Amount Quantity Amount Quantity Amount % Comp.Bid No. Description Previous Applications This Application Materials Stored Total Completed & Stored to Date (C+E+G) Contractor's Application 4 8/1/26 to 8/31/26 September 3, 2026 Eagle Drive, Hawthorn Drive, Aspen Drive, Linden Drive A Item Estimated Bid Quantity Unit Price Quantity Completed Project: Application Period: Application Number: Application Date: 100-41 1085 LF $3.00 1085 $3,255.00 1085 $3,255.00 100.0% 200-01 12 EA $400.00 4 $1,600.00 4 $1,600.00 33.3% 200-02 3 EA $400.00 3 $1,200.00 3 $1,200.00 100.0% 200-03 254 LF $30.00 237 $7,110.00 237 $7,110.00 93.3% 200-04 1 CY $400.00 1 $400.00 1 $400.00 100.0% 200-05 1 EA $300.00 1 $300.00 1 $300.00 100.0% 200-06 8 EA $400.00 8 $3,200.00 8 $3,200.00 100.0% 200-07 6 EA $520.00 5 $2,600.00 5 $2,600.00 83.3% 200-08 1 EA $1,840.00 1 $1, 840.00 1 $1,840.00 100.0% 200-09 196 LF $56.07 198 $11,101.86 198 $11,101.86 101.0% 200-10 907 LF $64.52 893 $57,616.36 893 $57,616.36 98.5% 200-11 681 LF $66.68 601 $40,074.68 601 $40,074.68 88.3% 200-12 291 LF $121.54 290.5 $35,307.37 290.5 $35,307.37 99.8% 200-13 98 LF $142.59 98 $13,973.82 98 $13,973.82 100.0% 200-14 70 LF $51.81 69 $3,574.89 69 $3,574.89 98.6% 200-15 1063 LF $52.10 1063 $55,382.30 1063 $55,382.30 100.0% 200-16 29 LF $57.68 29 $1,672.72 29 $1,672.72 100.0% 200-17 2807 LF $24.70 2917.1 $72,052.37 2917.1 $72,052.37 103.9% 200-18 151 LF $50.00 120 $6,000.00 120 $6,000.00 79.5% 200-19 15 EA $3,784.00 15 $56,760.00 15 $56,760.00 100.0% 200-20 7 EA $4,200.00 7 $29,400.00 7 $29,400.00 100.0% 200-21 3 EA $5,000.00 3 $15,000.00 3 $15,000.00 100.0% 200-22 7 EA $3,075.95 7 $21,531.65 7 $21,531.65 100.0% 200-23 2 EA $950.00 200-24 33 EA $100.00 36 $3,600.00 36 $3,600.00 109.1% 200-25 1 EA $150.00 1 $150.00 1 $150.00 100.0% 200-26 3 EA $250.00 2 $500.00 2 $500.00 66.7% 300-01 4 EA $2,000.00 4 $8, 000.00 4 $8,000.00 100.0% 300-02 3 EA $500.00 3 $1,500.00 3 $1,500.00 100.0% 300-03 40 LF $75.00 300-04 4 EA $815.00 4 $3,260.00 4 $3,260.00 100.0% 300-05 44 EA $528.00 44 $23,232.00 44 $23,232.00 100.0% 300-06 44 LF $115.76 29 $3,357.04 29 $3,357.04 65.9% 300-07 2 EA $3,000.00 4 $12,000.00 4 $12,000.00 200.0% 300-08 1 EA $3,734.00 1 $3, 734.00 1 $3,734.00 100.0% 300-09 4 EA $7,500.00 4 $30,000.00 4 $30,000.00 100.0% 300-10 1 EA $2,000.00 300-11 21 EA $200.00 4 $800.00 4 $800.00 19.0% 300-12 192 SF $5.00 400-01 12 EA $1,000.00 12 $12,000.00 12 $12,000.00 100.0% Hydrant Extension Adjusting Water Valves Polystyrene Insulation Sanitary Sewer Manhole Covers Type J-Special Manholes 5-FT Diameter w/ Casting Inlets Median 1 Grate w/ Casting Adjusting Inlet Covers Connect to Existing Sump Pump Discharge Catch Basins 2.5x3-FT w/ Casting Storm Sewer Pipe PVC 4-Inch - Trenched Storm Sewer Pipe HDPE 4-Inch - Directionally Drille Manholes 4-FT Diameter w/ Casting Storm Sewer Pipe Class III-A 12-Inch Storm Sewer Pipe Class III-A 15-Inch Storm Sewer Pipe HDPE 12-Inch Pipe Arch Corrugated Steel 24X18-Inch Storm Sewer Pipe Reinforced Concrete Class IV 12-I Storm Sewer Pipe Reinforced Concrete Class IV 15-I Storm Sewer Pipe Reinforced Concrete Horizontal E Storm Sewer Pipe Reinforced Concrete Horizontal E Abandoning Storm Sewer Apron Endwalls For Pipe Steel 12-Inch Connect to Existing Storm Sewer Lateral Apron Endwalls For Pipe Arch Steel 24X18-Inch Apron Endwalls For Culvert Pipe Reinforced Concre Apron Endwalls For Culvert Pipe Reinforced Concre Remove and Replace Water Service Curb Box Water Main PVC 6-Inch Water Gate Valve 6-Inch Water Gate Valve 8-Inch Hydrant Connect to Existing Storm Sewer Pipe Remove Hydrant Remove Gate Valve Remove Water Main Sawing Concrete Removing Small Pipe Culverts Removing Storm Sewer Structures Removing Storm Sewer Connect to Existing Water Main Fitting 00 62 76 - 3 Page 127 of 139 Unit Price Progress Estimate B C D E F G H I J Quantity Amount Quantity Amount Quantity Amount Quantity Amount % Comp.Bid No. Description Previous Applications This Application Materials Stored Total Completed & Stored to Date (C+E+G) Contractor's Application 4 8/1/26 to 8/31/26 September 3, 2026 Eagle Drive, Hawthorn Drive, Aspen Drive, Linden Drive A Item Estimated Bid Quantity Unit Price Quantity Completed Project: Application Period: Application Number: Application Date: 400-02 12 VF $436.00 12 $5,232.00 12 $5,232.00 100.0% 500-01 4218 LF $9.00 1660 $14,940.00 1140 $10,260.00 2800 $25,200.00 66.4% 500-02 1012 LF $15.00 500-03 4044 LF $1.10 500-04 3753 LF $2.00 500-05 15429 LF $2.75 500-06 23 EA $3,000.00 500-07 2 EA $3,000.00 500-08 1 EA $3,300.00 500-09 1 EA $2,500.00 500-10 23 EA $900.00 9 $8,100.00 9 $8,100.00 39.1% 500-11 3 EA $1,200.00 A1-01 2665 TON $16.50 A1-02 705 TON $66.80 A1-03 470 TON $71.00 A1-04 2080 LF $18.15 A2-01 1775 TON $16.50 1775 $29,287.50 1775 $29,287.50 100.0% A2-02 4010 SY $75.75 4010 $303,757.50 4010 $303,757.50 100.0% A2-03 2080 LF $18.65 2080 $38,792.00 2080 $38,792.00 100.0% $1,065,892.19 $1,134,763.11 $2,200,655.30 Base Aggregate Dense 1 1/4-Inch Concrete Pavement 8-Inch Concrete Curb & Gutter 30-Inch Type A HMA Pavement 4 LT 58-28 H Concrete Curb & Gutter 30-Inch Type D Furnish and Install Lighting Unit Type A Furnish and Install Lighting Unit Type B - Single Furnish and Install Lighting Unit Type B - Twin Electrical Service Meter Breaker Pedestal Special Quazite Pull Boxes 12X12X24-Inch Electrical Wire Lighting 4 AWG Reconstructing Sanitary Sewer Manhole Concrete Base Type 5 Tall Base Aggregate Dense 1 1/4-Inch HMA Pavement 3 LT 58-28 S TOTAL Conduit Rigid Nonmetallic 2-Inch Conduit Special 2-Inch Electrical Wire Lighting 12 AWG Electrical Wire Lighting 6 AWG 00 62 76 - 4 Page 128 of 139 Taking the lead in Washington County STAFF MEMO Village of Jackson Public Works To: Brian Heckendorf, Village President Jen Heidtke, Village Administrator CC: Personnel Committee; Village Board From: Jack Straehler, Director of Public Works Subject: Amending Employee Handbook Chapter 3 - Classification and Compensation Meeting Date: September 29, 2026 – Personnel Committee Background and Analysis: This memo is to inform the Board of the Village’s current practices regarding employee call-in compensation and weekend duty coverage and to establish clear, consistent expectations for employees assigned after-hours and weekend emergency coverage. The current Employee Handbook requires employees to perform weekend work on a rotating basis and provides overtime compensation for actual hours worked. However, it does not specifically address minimum call-in pay nor availability and response requirements associated with weekend on-call duty. Staff recommend formally incorporating the following existing practices and proposed requirements into the Employee Handbook. 1. Minimum Call-In Compensation The Village currently follows an unwritten practice of providing hourly employees called back to work after their regular shift and before their next scheduled shift a minimum of one hour of compensation. If the employee works more than one hour, the employee is compensated for the actual time worked at the applicable compensation rate. Staff recommends formally recognizing this existing practice in the Employee Handbook to provide clear and consistent expectations for employees and Supervisors. 2. Weekend On-Call Availability In addition to scheduled weekend work on a rotating basis, staff recommend establishing a formal weekend on-call requirement. An employee assigned to weekend on-call duty would be available from the end of the regular work shift on Friday through the beginning of the next regular work shift on Monday. During this period, the employee would be required to: • Remain available by telephone or other designated means of communication; • Remain within a reasonable response area and capable of responding to a Village emergency within 45 minutes • Respond to and address Village emergencies as directed. Page 129 of 139 Taking the lead in Washington County To compensate the employee for this availability requirement, staff recommend two hours of compensation at one and one-half times the employee’s regular rate of pay for each weekend on-call assignment, sometimes called. This compensation would be in addition to pay for any actual work performed. 3. Compensation for Weekend Work The Village’s existing practice for compensating actual weekend work would remain unchanged. Employees would continue to receive one and one-half times their regular rate of pay for actual hours worked during an assigned weekend duty period, consistent with the Employee Handbook. On-call compensation would therefore be separate from and in addition to compensation for actual emergency or other authorized work. 4. Holiday Coverage When a Monday holiday extends the weekend on-call period, coverage would continue through the holiday and end at the beginning of the next regular workday, Tuesday. The assigned employee would receive one hour of compensation at one and one-half times the regular rate for the additional holiday coverage. When a holiday immediately precedes a