Public Budget Hearing December 9, 2020

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 9, 2020, a PUBLIC HEARING on the PROPOSED 2021 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 – 2021

2019 2020 2020 2021
Revenues Actual Estimate Budget/Actual Budget
Taxes:  Local Levy   153,040    153,040               153,040        156,331
    Delinquent Personal Property            519 0                       564 0
    MFL Taxes – Tax Settlement        2,182 3200                   3,212            3,200
Intergovernmental Revenue   236,484    254,821               237,466        435,998
Miscellaneous Revenues      51,642        1,680                   1,815            1,640
Public Charges for Services     20,266      17,200                 21,200          19,220
Other Financing Sources      55,389      48,398                 31,281        107,370
Airport Road Loan 0   503,000               110,000       330,000
Total Revenue    519,522    981,339               558,578     1,053,739
Expenditures
Culture, Recreation & Education        9,678       5,000                  7,088            5,000
General Government     48,242      64,150                 61,905         69,200
Conservation & Development           906        1,500                       215            1,500
Health & Human Services        1,008        2,000                   1,388           2,000
Public Safety      17,646      18,800                 18,612          20,720
Public Works   296,369    751,500               290,163       596,400
Debt Service – Loan Payment      40,597      32,827                 33,530         35,000
Debt Service – Grader Payment      73,795       37,795                 37,795          37,795
Other Financing Uses      31,281       57,767               107,882          70,346
Airport Road Project LRIP Paid to Security State Bank 0 0 0        215,778
Total Expenditures    519,522    981,339               558,578     1,053,739
Loan Principal Balances – December 31, 2020
Airport Road    110,000
Grader      73,120

 

Notice Posted: November 23, 2020                        Notices Posted at: Oulu Pines    Solid Waste Transfer Site

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