11 Feb

February 11, 2020, Budget Meeting, after Board of Audit Meeting

Meeting was called to Order at 8:51 p.m.

Attendance: Chair Charles Kuettel, Supervisor Donald Swanstrom, Supervisor Douglas Dressen, Clerk Lita Wallace, Treasurer Raymond G. Barnes

Guest: Ted Wallace

Discuss and set-up budget for 2020
Discuss and set-up budget for 2021
Discuss levy recommendation for 2021

BUDGET FOR 2020 AND 2021
GENERAL FUND 2019 ACTUAL DISBURSMENTS 2020 BUDGET 2021 BUDGET
General Property Taxes (31001 through 31299) 11,830.56
Total Acct 310 11,830.56    
Forfeited Tax Sale Apportionments 2,861.69
Total Acct 319 2,861.69    
Taconite Production Tax 3,270.40
State – Payments in Lieu of Taxes 3,886.94
Town Aid 1,671.00
Total Acct 334 8,828.34    
Interest Earning 522.91
Total Acct 362 522.91    
Total Revenues 24,043.50    
Disbursements:
Council/Town Board 2,180.27 2,200.00 2200.00
Total Acct 411 2,180.27 2,200.00 2200.00
Clerk 5,404.07 5,000.00 5000.00
Total Acct 414 5,404.07 5,000.00 5000.00
Treasurer 3,973.32 4,100.00 4100.00
Total Acct 415 3,973.32 4,100.00 4100.00
Other General Government 5,999.00 6,200.00 8100.00
Election Judges 225.7 1,500.00 600.00
Total Acct 419 6,224.70 7,700.00 8700.00
Worker’s Compensation – Unallocated 0 0 0.00
Insurance – Unallocated 0 0 0.00
Total Acct 492 0 0 0.00
Total Disbursements 17,782.36 19,000.00 20000.00
ROAD AND BRIDGE (ON-GOING MAINTENANCE) 2019 ACTUAL DISBURSMENTS 2020 BUDGET 2021 BUDGET
General Property Taxes (31001 through 31299) 1,662.49
Total Acct 310 1,662.49    
Town Aid 1,506.31
Total Acct 334 1,506.31    
Total Revenues 3,168.80    
Other Financing Sources:
Total Other Financing Sources    
Disbursements:
Paved Streets 2,545.62 2,500.00 3,000.00
Total Acct 431 2,545.62 2,500.00 3,000.00
Total Disbursements 2,545.62 2,500.00 3,000.00
FIRE AND EMS 2019 ACTUAL DISBURSMENTS 2020 BUDGET 2021 BUDGET
General Property Taxes (31001 through 31299) 13,460.85
Total Acct 310 13,460.85    
Total Revenues 13,460.85    
Disbursements:      
Fire Fighting 13,500.00 15,000.00 16,500.00
Total Acct 422 13,500.00 15,000.00 16,500.00
Total Disbursements 13,500.00 15,000.00 16,500.00
ROADS AND BRIDGES (CAPITAL RESERVE) 2019 ACTUAL DISBURSMENTS 2020 BUDGET 2021 BUDGET
General Property Taxes (31001 through 31299) 3,082.47
Total Acct 310 3,082.47    
Taconite Production Tax 3,157.60
Total Acct 334 3,157.60    
Interest Earning 2,091.66
Total Acct 362 2,091.66    
Total Revenues 8,331.73    
Disbursements:  
Paved Streets 14,389.88 5,000.00 10,000.00
Total Acct 431 14,389.88 5,000.00 10,000.00
Total Disbursements 14,389.88 5,000.00 10,000.00
GRAND TOTAL
48,217.86 41,500.00 49,500.00

 

LEVY RECOMMENDATION FOR 2021
SUMMARY 2021 LEVY 2021 BUDGET
General Fund 12,000.00 20,000.00
Road and Bridges (On-going Maintenance 3,000.00 3,000.00
Fire and EMS 16,500.00 16,500.00
Road and Bridges (Capital Reserve) 12,000.00 10,000.00
Total 43,500.00 49,500.00

Meeting was adjourned at 9:45 p.m.

Respectfully submitted by,
Lita Wallace, Town Clerk