NOTICE OF PUBLIC BUDGET HEARING FOR THE TOWN OF LINCOLN

NOTICE IS HEREBY GIVEN that on Wednesday, December 5, 2012 at 6:30
P.M. at the Lincoln Town Hall a PUBLIC HEARING on the PROPOSED BUDGET
of the Town of Lincoln will be held. The proposed budget in detail is
available for inspection at the Town Hall (1205 Sundstein Road, Eagle
River, WI) from 9:00 A.M. to 3:00 P.M. Monday through Friday. The
following is a summary of the proposed Budget:
2011                      2012                 2013
Actual                    Actual *        Anticipated

REVENUES
Taxes                                   75,920.00          71,570.00         64,500.00
Licenses                              10,475.00          10,069.00            9,275.00
Gifts & Grants                 206,412.00        190,732.00        184,776.00
Misc. Revenues                  11,360.00            8,936.00            3,737.00
General Funds Applied 100,000.00       166,500.00       140,000.00
TOTAL REVENUES        404,167.00      447,807.00       402,288.00

EXPENDITURES
General Government 190,933.00 198,866.00 206,530.00
Protection of Person & Property 123,163.00 127,547.00
125,946.00
Health, Welfare & Sanitation 24,130.00 24,130.00 22,250.00
Education & Recreation 43,469.00 41,942.00 42,278.00
Transportation 172,235.00 247,083.00 349,184.00
Economic Development 73,315.00 64,600.00
59,500.00
Unclassified 27,000.00 27,000.00 27,000.00
Outlay 2,000.00 500.00 4,000.00
TOTAL EXPENDITURES 656,245.00 731,668.00
836,688.00

NOTE: Column headed 2012 Actual is total of 9 months actual and 3
months estimated.

PROPERTY TAXES LEVIED 427,400.00 431,000.00 434,400.00

LEVY IS $3,400.00 OVER last year – a .8% INCREASE.

NOTICE OF SPECIAL TOWN MEETING OF THE
ELECTORS OF THE TOWN OF LINCOLN

NOTICE IS HEREBY GIVEN THAT on Wednesday, December 5, 2012 immediately
following completion of the public hearing on the proposed budget
which begins at 6:30 P.M. at the Town Hall, a Special Town Meeting of
the Electors called pursuant to Section 60.12(1)(c) of the Wisconsin
Statutes by the Town Board for the following purposes will be held:

1. To approve the elected officials’ salaries for the April 2013-2015
term pursuant to Section 60.32 of the Wisconsin
Statutes.
2. To adopt the 2012 town tax levy to be paid in 2013 pursuant to
Section 60.10(1)(a) of the Wisconsin Statutes.
3. To authorize the Town Board to obtain short term loan not to
exceed $150,000 in case of emergency.

A Special Meeting of the Town Board will be held at the Town Hall
immediately following the Special Town Meeting of the Electors to
adopt the 2013 Budget.
DATED this 16th day of November, 2012.

Shelly D. Sauvola, Town Clerk/Treasurer