2027 Budget 2026 Levy

2025 2026 2026 2027 Actual Jan-Jul Jan-Dec Proposed Actual Estimated Revenues Tax Levy $62,000.00 $40,000.00 $40,000.00 $130,000.00 Tax Levy for Dredging Reserve $0.00 $0.00 $0.00 $0.00 Exempt Computer Aid $1,475.87 $331.39 $331.39 $350.00 Personal Property Aid/Other Tax Exempt $534.95 $1,679.42 $1,679.42 $1,600.00 Interest Income $11,093.09 $5,631.27 $9,653.64 $10,000.00 Grants/Donations Income $0.00 $0.00 $0.00 $0.00 TOTAL REVENUES $75,103.91 $47,642.08 $51,664.45 $141,950.00 Expenditures/Appropriations Spring Clean Up Expense $0.00 $0.00 $0.00 $750.00 Advertising $1,433.20 $0.00 $1,400.00 $2,000.00 Lake Treatment (Water Quality) $0.00 $0.00 $0.00 $0.00 Lake Planning/Maintenance $0.00 $0.00 $0.00 $0.00 Hydraulic Study $0.00 $0.00 $0.00 $0.00 Subscription and Dues $0.00 $0.00 $0.00 $50.00 Misc. Office Copies/Postage $0.00 $0.00 $40.00 $50.00 Uncollectible Pers Prop Tax/Refunds $50.09 $0.00 $0.00 $0.00 Restoration of Native Species $9,919.84 $0.00 $0.00 $15,000.00 Dredging Analysis/Survey $0.00 $0.00 $0.00 $0.00 Upper Antigo Dam Sedimentation Trap $0.00 $0.00 $0.00 $0.00 Restore Springbrook Flowage Reserve $0.00 $0.00 $0.00 $0.00 Trail Maintenance/Improvement/Expansion $27,107.80 $0.00 $0.00 $15,000.00 Lakeside Park Development $10,000.00 $0.00 $0.00 $0.00 TOTAL EXPENDITURES/APPROPRIATIONS $48,510.93 $0.00 $1,440.00 $32,850.00 2025 2026 2027 Cash/Carryover Balance Beginning of Year $427,402.82 $453,995.80 $504,220.25 Revenue Over/(Under) Expenditures $26,592.98 $50,224.45 $109,100.00 Reserve Funds Applied 0 0 0 Cash/Carry Over Balance (not incl Reserve) $193,537.80 $243,762.25 $352,862.25 Reserve Funds $260,458.00 $260,458.00 $260,458.00 2027 BUDGET SUMMARY Project Cost Levy Mill Rate** Spring Clean Up $750.00 $0.00 0.0000000 Advertising $2,000.00 $0.00 0.0000000 Lake Treatment (Water Quality) $0.00 $0.00 0.0000000 Lake Planning $0.00 $0.00 0.0000000 Subscription & Dues $50.00 $0.00 0.0000000 Misc. Office Copies/Postage $50.00 $0.00 0.0000000 Restoration of Native Species $15,000.00 $15,000.00 0.0255149 Dredging Analysis/Study/Grant App (Basin) $0.00 $0.00 0.0000000 Upper Antigo Dam Sedimentation Trap $100,000.00 $100,000.00 0.1700993 Restoration Springbrook Flowage $0.00 $0.00 0.0000000 Trail Maintenance/Impr/Expansion $30,000.00 $15,000.00 0.0255149 Lake Park Development $0.00 $0.00 0.0000000 TOTAL $147,850.00 $130,000.00 0.2211291 **Based on 2025 Equalized Value $587,891,800.00 Designated Funds - 12/31/26 Amount 1/1/26 Changes to Designated Designated Funds - 12-31-26 Upper Antigo Dam Sedimentation Trap $130,678.00 $0.00 $130,678.00 Restore Springbrook Flowage $110,000.00 $0.00 $110,000.00 Lake Treatment-Water Quality $19,780.00 $0.00 $19,780.00 TOTAL $260,458.00 $0.00 $260,458.00 Designated Funds - 12/31/27 Amount 1/1/27 Changes to Designated Designated Funds - 12-31-27 Upper Antigo Dam Sedimentation Trap $130,678.00 $0.00 $130,678.00 Restore Springbrook Flowage $110,000.00 $0.00 $110,000.00 Lake Treatment-Water Quality $19,780.00 $0.00 $19,780.00 TOTAL $260,458.00 $0.00 $260,458.00 PROPOSED LEVY/MILL RATE