NOTICE OF PUBLIC HEARING
FOR THE TOWN OF STOCKTON
Notice is hereby given that on Tuesday, November 19th, 2024 at 6:00 PM at the Town of Stockton Town Hall, a PUBLIC HEARING on the PROPOSED 2025 BUDGET for the Town of Stockton will be held, immediately followed by a meeting of the Town Electors to vote on the proposed budget. The proposed 2025 budget in detail is available for inspection at the Town Clerk's office, Stockton Municipal Building, 7252 6th Street, Custer, WI from 8:30am to 2:30pm, Monday and Tuesday and 8:30am to 12:30 pm, Thursday. The following is a summary of the proposed 2025 budget:
CURRENT BUDGET PROPOSED BUDGET % CHANGE
Taxes: General Levy |
556,302 |
572,380 |
2.9% |
Other Taxes |
12,650 |
14,450 |
14.2% |
Intergovernmental |
410,575 |
420,239 |
2.4% |
Licenses & Permits |
6,150 |
6,150 |
0.0% |
Public Charges |
286,490 |
299,430 |
4.5% |
Miscellaneous Revenue |
11,000 |
29,500 |
168.2% |
Other Financing Sources |
0 |
0 |
0.0% |
Fund Balance Applied |
0 |
0 |
0.0% |
TOTAL REVENUES EXPENDITURES |
1,283,167 |
1,342,149 |
4.6% |
General Government |
156,881 |
159,195 |
1.5% |
Public Safety |
123,900 |
127,930 |
3.3% |
Public Works |
871,347 |
876,947 |
0.6% |
Health & Human Services |
6,900 |
9,000 |
30.4% |
Cultural, Recreation & Ed. |
7,250 |
7,250 |
0.0% |
Conservation and Development |
2,979 |
2,975 |
-0.1% |
Capital Outlay |
113,910 |
111,840 |
-1.8% |
Debt Service |
0 |
47,012 |
0.0% |
TOTAL EXPENDITURES RESERVES |
1,283,167 |
1,342,149 |
4.6% |
Restricted Fund Balance-Other |
54,617.31 |
54,617.31 |
0.0% |
Restricted Fund Balance-Parklands |
11,700.43 |
12,700.43 |
8.5% |
Restricted Fund Balance-ARPA Local Recovery |
51,975.16 |
0.00 |
-100.0% |
Restricted Fund Balance - Public Safety |
0.00 |
0.00 |
100.0% |
Total Restricted Funds Balance |
118,292.90 |
67,317.74 |
-43.1% |
Assessed Valuation |
318,255,700 |
320,850,400 |
0.815% |
Proposed Mill Rate |
1.7479718 |
1.78394666 |
2.058% |
Tax Levy |
556,302 |
572,380 |
2.8902% |
NOTICE OF SPECIAL TOWN MEETING
NOTICE IS HEREBY GIVEN that on November 19th, 2024 immediately following the completion of the Public Hearing on the proposed 2025 budget, which begins at 6:00 PM at the Town Hall, a SPECIAL TOWN MEETING OF THE ELECTORS called pursuant to Section 60.12 (1)(a) of the Wis. Statues by the Town Board for the following purposes will be held:
- To adopt the 2024 town tax levy to be collected in 2025 pursuant to Section 60(1)(a) of Wis. Statues.
- To approve year 2025 highway expenditures pursuant to Section 81.01 (3) of Wis. Statues.
Immediately following the completion of the Special Town Meeting of the Electors, a Town Board Meeting will be held to discuss and adopt the year 2025 Budget for the Town of Stockton.
Dated the 4th day of November, 2024. By: Jennifer Zurawski
Town of Stockton Municipal Clerk