December 2, 2015 Notice of Public Budget Hearing

NOTICE OF PUBLIC BUDGET HEARING FOR THE TOWN OF LINCOLN

 

NOTICE IS HEREBY GIVEN that on Wednesday, December 2, 2015 at 6:00
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:

2014 2015 2016
Actual Actual * Anticipated

REVENUES
Taxes 94,369.00 108,000.00 80,000.00
Licenses 8,352.00 9,892.00 7,750.00
Gifts & Grants 199,712.00 231,273.00 203,404.00
Misc. Revenues 5,647.00 12,796.00 3,588.00
General Funds Applied 204,000.00 223,000.00 121,000.00
TOTAL REVENUES 512,080.00 584,961.00 415,742.00

EXPENDITURES
General Government 203,555.00 204,650.00 238,830.00
Protection of Person & Property 122,597.00 216,786.00
226,012.00
Health, Welfare & Sanitation 17,701.00 16,354.00 16,730.00
Education & Recreation 42,278.00 51,399.00 53,141.00
Transportation 399,820.00 459,993.00 403,029.00
Economic Development 84,248.00 91,300.00
70,000.00
Unclassified 27,000.00 30,000.00 30,000.00
Outlay 00.00 1,000.00 4,000.00
TOTAL EXPENDITURES 897,199.00 1,071,482.00 1,041,742.00

NOTE: Column headed 2015 Actual is total of 9 months actual and 3
months estimated.

PROPERTY TAXES LEVIED 586,000.00 607,000.00 626,000.00

LEVY IS $19,000 OVER last year – a 3.13% INCREASE.

 

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

 

NOTICE IS HEREBY GIVEN THAT on Wednesday, December 2, 2015 immediately
following completion of the public hearing on the proposed budget
which begins at 6:00 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 2016-2018
term pursuant to Section 60.32 of Wisconsin
Statutes.
2. To approve the 2015 town tax levy to be paid in 2016 pursuant to
Section 60.10(1)(a) of the Wisconsin Statutes.
4. To authorize the Town Board to obtain a 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 2016 Budget.

DATED this 13th day of November, 2015.

Shelly D. Sauvola, Town Clerk/Treasurer