Town of Mukwonago Notice of 2025 Budget Hearing

TOWN OF MUKWONAGO 2025 PROPOSED BUDGET SUMMARY 2025 2024 Proposed Budget Budget % Chang e General Fund Summary Revenues & Other Sources Taxes 3,281,288 $ 3,285,663 Intergovernmental Revenues 734,920 726,859 Licenses and Permits 168,125 134,650 Public Charges for Services 992,813 1,044,660 Interest Revenue 50,000 150,000 Miscellaneous Revenues 65,700 42,200 Proceeds of Long-term Debt 363,000 953,214 Total revenues & other sources 5,655,846 6,337,246 12.1% Expenditures General Government 792,035 744,495 Public Safety 2,792,817 2,757,107 Public Works 844,402 894,723 Health and Sanitation 621,802 628,053 Parks and Recreation 339,270 351,654 Capital Outlays 395,988 953,214 Conservation 6,000 8,000 Total expenditures 5,792,314 $ 6,337,246 9.4% Est. Fund Total Est. Fund Property Balance Total Expendi - Proceeds Balance Tax Summary Activity By Fund Jan. 1, 2025 Revenues tures LTD Dec. 31, 202 5 Contribution General Fund 2,403,668 $ 6,337,246 6,337,246 - 2,403,668 3,209,763 Debt Service Fund - 1,140,463 1,140,463 - - 1,140,463 Special Revenue Funds: Park Impact Fee Fund 69,797 - - - 69,797 - Fire Impact Fee Fund 69,797 - - - 69,797 - Capital Project Funds: Road Construction - 648,878 1,555,596 906,718 - - Total all funds 2,543,262 $ 7,477,709 $ 9,033,30 5$ - $ 2,543,262$ 4,350,226 $ Long-term Debt Jan. 1, 2025 Added Repaid Dec. 31, 2025 2019 Bank Note 187,735 - 34,444 153,291 2020 Bank Note A 200,731 - 31,031 169,700 2020 Bank Note B 36,774 - 36,774 - 2021 Bank Note 316,445 - 41,248 275,197 2022 Bank Note 320,767 - 32,602 288,165 2023 Bank Note 161100755 1,416,529 - 121,589 1,294,940 2023 Bank Note 161100756 182,032 - 40,515 141,517 2024 Bank Note - projected 989,000 - 75,653 913,347 2025 Bank Note - projected - 1,859,932 - 1,859,932 Series 2016A GO Notes 1,015,000 - 500,000 515,000 Total outstanding 4,665,013 $ 1,859,932 913,856 5,611,089 TOWN OF MUKWONAGO NOTICE OF 2025 BUDGET HEARING AND SPECIAL TOWN MEETING The Town Board of the Town of Mukwonago will hold a public hearing on the proposed 2025 budget at the Mukwonago Town Hall on Wednesday, November 20, 2024 at 6:30 p.m. A detailed copy of the proposed budget is available at the Town Hall during regular office hours. Immediately following the public hearing, the Town will hold a Special Town Meeting for the purpose of approving the 2024 tax levy. The following is a summary of the proposed 2025 budget 1 10/31/2024