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Notice of Public Hearing for Town of Sherry Notice is hereby given that on Thursday, November 10, 2022, at 6:30 p.m. at the Sherry Town Hall a PUBLIC HEARING on the Proposed 2023 Budget of the Town of Sherry will be held. Immediately following the Public Hearing, a Special Town Meeting will be held to approve the town tax levy for 2022 taxes payable in 2023. The proposed budget detail is available for inspection at www.townofsherry.com or by appointment only at the clerk’s office. Following is a summary of the proposed 2023 Budget. REVENUES 2022 Budget 2023 Proposed Budget % Change Tax Levy $224,845 $228,888 1.80% MFL Taxes $14,400 $15,649 8.67% Intergovernmental $219,013 $220,698 0.77% American Rescue Plan Act Grant Funds $41,606 0 -100.00% Licenses and Interest $300 $320 6.67% Public Charges-Town Hall Rentals, Solid Waste Bags, Cemetery $15,100 $11,100 -26.49 Reserves Operating and ARPA $51,606 $83,211 61.24% Reserves other than Operating & ARPA $145,573 $105,546 -27.50% General Fund/Emergency $52,091 $0 -100.00% Total Revenues $764,534 $665,412 -12.97% EXPENDITURES General Governmental $61,730 $ 59,515 -3.59% Public Safety $90,702 $ 102,294 12.78% Public Health $5,200 $ 5,700 9.62% Public works- Highway $373,190 $ 441,903 18.41% Public Works - Recycling/Garbage $34,000 $ 34,000 0.00% Town Hall Refunds & Misc. $2,000 $ 2,000 0.00% Equipment Reserve $54,500 $ 10,000 -81.65% American Rescue Plan Reserve $83,212 $ - -100.00% Operating Reserve $10,000 $ 10,000 0.00% General Fund - Emergency $50,000 $ - -100.00% Total Expenditures $764,534 $ 665,412 -12.97% MILL RATE (TAX PER $1,000) $3.99 $3.99 0% All Governmental & Proprietary Funds Fund Balance Jan 1 Total Revenues Total Expenditures Fund Balance Dec 31** Property Tax Contribution General Fund** $105,546 $665,412 $665,412 $105,546 $228,888 Emergency/Equipment Reserve $54,500 $ 10,000 $64,500 American Rescue Plan Reserve $83,211 $0 $83,211 $0 Operating Reserve $10,000 $10,000 Posted this 25th day of October, 2022 By: Sandra Lobner, Clerk