2018 budget review

1. 2018 Budget Proposal

2. 2018 2017 Change
Total budget $1,183,881 $1,147,620 +3.16%
Levy $732,397 $703,139 +4.16%
Mill rate .005570465 .005499663 +1.3%
Assessed value $131,478,600 $127,851,300 +2.8%
Equalized value $137,209,000 $125,887,900 +9%
Assessment ratio 96% 102%
Net new construction $5,238,000 $1,192,100

3. Local tax levy
62%
Intergovernmental
7%
Shared Revenue
7%
Revenue for
Services
8%
State highway aid
5%
Fines, forfeitures,
fees
2%
Licenses & permits
2%
Other taxes
6%
Special
assessments
<1%
Misc.
1%

4. 2,044
11,000
20,825
22,850
62,619
66,066
80,374
86,235
95,300
732,397
1,179,710
6,629
16,350
21,050
22,250
64,623
65,725
83,496
81,364
82,994
703,139
1,147,620
Special assessments
Interest, misc.
Licenses & permits
Fines, forfeitures, fees
State trans. aid
Other taxes
Intergovernmental
Shared revenue
Revenue for services
Tax levy
Total revenue
0 200,000 400,000 600,000 800,000 1,000,000 1,200,000
2017
2018

5. Public safety
30%
DPW/Streets
23%Capital
improvement fund
7%
General
government
11%
Taxes/rents paid
6%
Contracted services
7%
Debt service-sewer
3%
Professional
services
3%
Parks & dam
3%
Village Hall
6%
Misc.
1%

6. 8,675
15,977
18,500
36,800
36,896
74,876
76,550
79,173
127,103
130,300
214,979
359,881
1,179,710
8,675
18,497
17,400
32,800
36,896
75,075
69,200
180,746
123,311
39,000
195,564
350,456
1,147,620
Misc.
Village Hall
Parks & dam
Professional services
Debt service-sewer
Taxes/rents paid
Contracted services
Capital improvement fund
General government
Special projects
DPW/Streets
Public safety
Total expenses
0 200,000 400,000 600,000 800,000 1,000,000 1,200,000
2017
2018

7. North Main Street extension
2018 Budget Reserve Funds Total cost
Streets $53,800 + $119,000 Col. Cty. $239,200 $412,000
Water $15,000 $95,000 $110,000
Total $522,000
Village Hall roof/lighting $50,000
Dam repairs $20,000
Main St. tree trimming $3500
Ordinance update project $3000
Brayton Park shelter paint $1800

8. $0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2009 2010 2011 2012 2013 2014 2015 2016 2017
School Village County MATC State

9. 0
5
10
15
20
25
2009 2010 2011 2012 2013 2014 2015 2016 2017
Total School Village County MATC State

10. School
46%
Village
25%
County
24%
MATC
5%
State
0%

11. $3,331
$3,666
$3,529
$3,647
$3,465
$3,309
$3,250
$3,415
$3,502
$3,000
$3,100
$3,200
$3,300
$3,400
$3,500
$3,600
$3,700
2009 2010 2011 2012 2013 2014 2015 2016 2017

12. School
$1,461
Village
$945
County
$927
Vo-Tech
$167
$3500 total tax
Includes School Tax Credit
Does not include
First Dollar or Lottery Credits