Year 2020 Budget Information

VILLAGE OF CLEVELAND, WISCONSIN
YEAR 2020 BUDGET
A public hearing on the proposed Year 2020 Budget will be held at 6:00pm on Tuesday, November 19, 2019, at the Cleveland Village Hall, 1150 W. Washington Ave., Cleveland.  The budget in detail will be available for inspection at the Village Hall during business hours: Monday-Thursday, 10am-12noon, 12:30pm-4pm.
CATEGORY 2019 2020 Percent
Budget Budget Change
GENERAL FUND REVENUES
General Property Taxes (a/k/a Operating Levy) 475,703 494,694 3.99%
Other Taxes 24,475 63,624
Intergovernmental Revenues 338,315 367,306
Licenses and Permits 29,610 38,745
Fines, Forfeitures, and Penalties 30,650 66,050
Public Charges for Services 4,690 4,660
Intergovernmental Charges 0 0
Miscellaneous Revenues 28,705 28,575
Other Financing Sources 41,677 36,277
TOTAL REVENUES 973,825 1,099,931 12.90%
Cash Balance Applied 56,417 -61
TOTAL REVENUE AND CASH BALANCE APPLIED 1,030,242 1,099,870 6.80%
GENERAL FUND EXPENDITURES
General Government 259,574 257,249
Public Safety 320,436 329,244
Public Works 302,205 348,669
Health and Human Services 200 200
Culture, Recreation,and Education 58,697 66,503
Conservation and Development 46,025 51,030
Capital Outlay 15,000 20,000
Other Financing Uses 28,105 26,975
TOTAL GENERAL FUND EXPENDITURES 1,030,242 1,099,870 6.80%
SUMMARY OF TAXING GOVERNMENTAL FUNDS
Estimated 2020 Proposed Estimated
Fund Balance Total Total Fund Balance Property Tax
Jan. 1, 2020 Revenue Expenditures Dec. 31, 2020 Contribution
General Fund  $  905,505  $ 1,099,931  $ 1,099,870  $  905,566  $  494,694
Tax Increment Dist. 1                        –                        –                        –                        –                        –
Capital Projects Fund                 5,847          1,140,000          1,140,000                 5,847                        –
Debt Service Fund             295,714          3,160,983          1,555,364          1,901,333             133,313
TOTAL  $ 1,207,066  $ 5,400,914  $ 3,795,234  $ 2,812,746  $ 628,007
In 2019, the Village Board will disperse funds from Tax Increment District No. 1, which was closed in 2018.  The percent change in proposed 2020 property tax revenue reflects the shift of property tax contributions from TID No. 1 to the General Fund.  In 2019, the Sewer Utility will advance funds to the Capital Projects Fund and the Water Utility for preliminary work on street projects until final debt financing is in place.  In 2019 and 2020, the Sewer Utility will advance funds to the Water Utility for the SCADA project.  The 2019 cash balance applied is sourced with prior-year unspent general fund allocations; a negative number in 2020 indicates an increase in savings.  The budget reflects the possible issue of up to $2.7 million of GO debt for capital projects scheduled for the years 2020-2022, and revenue or GO debt of up to $300,000 to inspect, maintain, and paint the water tower in 2020. The Village Board may add, remove, or delay projects prior to issuance and will pursue grant funding when available.  The Village Board authorized a 3% increase in 2020 Water Utility rates, which will be offset by an equivalent decrease in Sewer Utility rates for the same period.
Dated 10/30/19
S Grunwald

 

Proposed Budget in Detail

Contact the Clerk’s Office at (920) 693-8181 if have any questions regarding the budget or budget process.

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