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