Public Hearing on 2025 Budget — Agenda

2024 2024 2025 % Change Current & Estimated Current Budget Proposed Budget from 2024 REVENUES Taxes $3,213.82 $3,214.00 $3,214.00 0.00% Intergovernmental $370,274.62 $244,197.00 $250,000.00 2.38% Licenses & Permits $973.84 $930.00 $980.00 5.38% Public Charges $255,610.66 $255,550.00 $256,100.00 0.22% Intergovernmental Chgs $2,880.50 $2,880.00 $2,800.00 -2.78% Misc. $4,314.24 $3,000.00 $4,350.00 45.00% TOTAL REVENUE $637,267.68 $509,771.00 $517,444.00 1.51% Jan 1 cash balance $145,890.05 TOTAL REVENUE + Cash $783,157.73 EXPENDITURES General Govt $60,203.00 $52,000.00 $79,900.00 Public Safety $37,275.00 $37,000.00 $41,300.00 Public Works $462,652.00 $450,000.00 $340,144.00 Health & Human Svcs $2,420.00 $2,550.00 $2,500.00 Culture, Rec & Edu $20,502.00 $21,100.00 $21,100.00 Consrv & Developmnt $5,000.00 $2,500.00 $2,500.00 Capital Outlay $74,937.00 $75,000.00 $0.00 Debt Service $0.00 $0.00 $0.00 Other $0.00 $0.00 $0.00 TOTAL EXPENDITURES $662,989.00 $640,150.00 $487,444.00 -23.85% Projected Bal on 12/31 $120,168.73 Reserve for Highway Equp $30,000.00 $30,000.00 Surplus Current Debt $0.00 All monies are held in the General Fund All reserves are held in the checking/savings accts. If you would like more details, you may contact the Town Clerk at 715-864-0560 TOWN OF STUBBS NOTICE OF PUBLIC HEARING Proposed Budget for 2025 December 9, 2024 5:45pm at the Town Hall