Public Budget Hearing – December 8, 2021

DUE TO THE COVID-19 HEALTH PANDEMIC
MASKS AND PHYSICAL DISTANCING
ARE REQUIRED AT ALL TOWN OF OULU MEETINGS

PUBLIC BUDGET HEARING

Notice is hereby given that on Wednesday, December 8, 2021, a PUBLIC HEARING on the PROPOSED 2022 BUDGET of the Town of Oulu will be held at 6:00 p.m. at the town hall. A copy of the proposed budget is available for inspection by contacting the clerk at 715-372-4507.

1. Call to order
2. Presentation of budget
3. Adjournment

TOWN OF OULU BUDGET – 2022

2020 2021 2021 2022
Revenues Actual Estimate Budget/Actual Budget
Taxes:  Local Levy   153,040    156,331             156,331        158,536
    Delinquent Personal Property            564 0                     0 0
    MFL Taxes – Tax Settlement       3,212 3,200                   3,212           3,200
Intergovernmental Revenue 237,466    435,998              249,093       467,492
Miscellaneous Revenues      1,974        1,640                   757            1,640
Public Charges for Services     21,209      19,200                 20,000         20,220
Other Financing Sources      29,823      107,370               110,109        86,006
Airport Road Loan 110,000   330,000                         0      330,000
Oulu Rock Road Project 0 0

0

140,000
ARPA Local Fiscal Recovery Fund 0 0 0 27,790
Total Revenue 557,288 1,053,739 539,502 1,234,864 17.2%
Expenditures
Culture, Recreation & Education         6,981       5,000                      2,233 15,000
General Government      60,993       69,200 60,515 70,200
Conservation & Development     215     1,500               565       1,500
Health & Human Services  1,388  2,000             857     1,500
Public Safety 18,612 20,720 20,787 18,135
Public Works 287,665 596,400   267,886   707,198
Debt Service – Loan Payment   71,325  72,795 72,863         75,000
Other Financing Uses 110,109 70,346                  113,796  74,973
ARPA Local Fiscal Recovery Funds   0 0 0 55,580
Airport Road Project LRIP Paid to Security State Bank  0 215,778   0 215,778
Total Expenditures                                                    557,288 1,053,739 539,502 1,234,864
Loan Principal Balance – December 31, 2021
                                  Airport Road  330,000

 

Notice Posted: November 22, 2021                        Notices Posted at: Oulu Pines    Solid Waste Transfer Site

Diana Reijo, Clerk                                                    Town Hall                  Town Web Site – ouluwisconsin.com