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Notice of Public Hearing 2025 Budget

                                                   

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:

  1. To adopt the 2024 town tax levy to be collected in 2025 pursuant to Section 60(1)(a) of Wis. Statues.
  2. 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