ToV 2025 & 2026 Budget Summary

Town of Vermont Two Year Budget Summary 2025 & 2026 2025Budgeted 2025through9/30/25 2025Projected 2026ProposedBudget % Change2025 - 2026 Revenue Total Revenue Expenses Total Expenses Net Surplus (Deficit) Debts as of January 1, 2025 Debts as of January 1, 2026 (estimated) Total Taxes 540,882.00 568,221.33 568,221.33 557,017.00 2.9831% Special Assessments 3,790.00 49.68 49.68 -   -100.0000% Intergovernmental Revenues 282,565.99 194,720.83 282,565.99 170,193.99 -39.7684% Licenses & Permits 6,150.00 3,233.11 6,150.00 4,750.00 -22.7642% Fines, Forfeitures & Penalties -   -   -   -   Public Charges for Services 518.00 685.00 685.00 518.00 0.0000% Intergovernmental Charges -   -   -   -   Miscellaneous Revenues 25,800.00 38,787.88 51,717.17 20,800.00 -19.3798% Other Financing Sources 128,803.72 -   48,685.02 -   -100.0000% 988,509.71 805,697.83 958,074.19 753,278.99 -23.7965% General Government 125,204.46 71,879.06 95,838.75 107,918.17 -13.8064% Public Safety 165,924.19 132,206.13 165,924.19 175,773.00 5.9357% Public Works 674,734.43 617,711.63 674,734.43 288,141.67 -57.2955% Health & Human Services 6,467.00 5,852.00 6,467.00 6,558.00 1.4071% Culture, Recreation, & Education 2,000.00 352.61 930.20 1,000.00 -50.0000% Conservation & Development 14,179.63 10,756.00 14,179.63 14,448.69 1.8975% Capital Outlay -   -   -   -   Debt Service -   -   -   -   Other Financing Uses -   -   -   -   Reserve Fund Contingency Fund -   -   -   159,439.46 Minimum Operating Balance -   -   -   -   988,509.71 838,757.43 958,074.20 753,278.99 -23.7965% (0.00) (33,059.60) (0.00) 0.00 24,918.59 12,456.54