space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* Wausaukee Business Assoc. to Meet Aug. 2
* Cavalettes Alumni Softball Game Aug. 5
* Annual "Friends of Mike" Golf Outing at Little River Aug. 11th
* Post 39 Opens Tourney With Win
* Suring's Stegeman Named TIMESLand Top Athlete

space
Peshtigo Fire
space
e-Edition
Now Available
For more information
click here
dot
THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
space
dot
space

Co. Forwards $10.8 Million Capital Improvement Plan

After close to an hour of discussion and debate on the county’s future direction concerning finances and capital improvements at their Monday, June 17 meeting, the Marinette County Finance and Insurance Committee forwarded two substantial recommendations to the County Board meeting.

The first recommendation was to approve a $10.8 million Capital Improvement Plan for calendar year 2014. The second recommendation was for the County Board to fund the massive Capital Improvement Plan (CIP), the funding for which could come from bonding, borrowing or divesting of county investments.

As a matter of administrative policy, for the second year in a row County Administrator Ellen Sorensen requested every division of county government to submit their Capital Improvement needs so that the County Board can have a vision of the county’s five-year outlook in this area.

County Board Chairman Vilas Schroeder explained that for too long the County Board has been reactive when it comes to capital projects, preferring to wait for a crisis and then figuring out to finance it. By developing a 5-Year CIP plan, the county can become plan for things by being more proactive.

Sorensen added that this a major shift in how the county has traditionally transacted business. Each County division contemplated their needs for the next years and submitted their proposals to the Finance Committee. This meeting is the first glimpse of the entire CIP requests for 2014.

Here are the requests included for next year:

Emergency Manage-ment—$140,200 for a countywide (building) security and surveillance camera system.

Facilities/Maintenance—$275,000 for work on the Niagara Sr. Center ($75,000) and two projects at the UW-Marinette Campus ($100,000 each for the Library Roof and Replacement of the Lift Station).

Finance - $500,000 for new Financial Software.

Forestry—$103,000 to replace the 1990 35 ton lowboy equipment trailer.

Highways—$8,973,000, broken down as $3.5 million for the CTH B project, $1.065 for CTH C from CTH %F to the county line, $1.68 million for CTH C from Perch Lake Road to Wausaukee, $149,000 for CTH DD reconditioning, $80,000 for engineering work on CTRH G from CTH E to Spur Road, $175,000 for CTH R for the mine road, $1.469 million for CTH V from CTH C to Amberg, $100,000 for upgrading the fuel islands at all three highway shops, and $755,000 for equipment purchases.

Information Services—$265,000, including $85,000 for network infrastructure and $180,000 for new Register of Deeds software.

Law Enforcement —$503,000, including $277,000 for a new storage building for LEC Equipment, $140,000 for patrol cars, $56,000 for an investigator vehicle, and $30,000 for the changeover packages for the above vehicles.

Parks—$75,000, including $25,000 to replace the 2006 GMC Pickup and $50,000 to replace two lawnmowers.

County Finance Director Pat Kass broke down the funding sources for the entire $10,834,200 price tag. Some of the items can be paid for through the sales tax, restricted funds, grants/aids, fund balances and other sources. Kass computed that $9,435,200 of the above amount would need to be added to the county’s debt in some way, shape or form.

The Committee spent a great deal of time examining the requests from the Highway Department, especially the $3.5 million price tag on CTH BB. While acknowledging that the price tag is justified, some supervisors seemed to want to debate whether or not the County should design the roadway to state and federal minimum standards for rural county highway construction or should the County acquiesce to the demands of some CTH BB residents who want the design to be well below those minimum standards.

At first, the Committee toyed with the idea of merely passing on the CIP and the funding question to the County Board without recommendation, but Schroder nixed that idea because he envisioned the full County Board debating the issue for at least three full days.

Eventually, the Committee decided to approve the CIP Plan and forward it to the County Board as presented citing that that the CIP is just a planning document that identifies need.

The debate then turned to options for financing the plan.

Bonding or borrowing would have a direct impact on taxes paid by county landowners. Kass explained that if county were to bond $9 million for 2014, current rates indicate that property taxes would rise about 17 cents per thousand dollars of value. For a $100,000 home, that would mean an additional $17 in taxes.

The Committee asked about bonding/borrowing for the entire 5-year plan, which totaled $52.7 million. Kass explained that any bond issue would have arbitrage issues connected to it, which basically mean that the money could not be held for that long. He suggested that if the County were to borrow, that it do so a year at a time.

Sorensen explained that there is also the option of divesting some of the county’s investments, which would result in a lower tax impact. It also would mean the county wouldn’t have that money invested anymore. Sorensen also explained that bonding is for capital projects only, and not for things like computer hardware that would wear out or be obsolete well before the bond gets paid off.

When taking into consideration items eyed in the CIP specifically for debt service, the actual total is just over $27 million.

When asked how much of the County’s investments could be diverted to capital improvements, Kass answered, after a very detail explanation, that about $21.4 million was available.

Of course with current interest rates so low, borrowing right now would mean a lower interest rate. Correspondingly, rates of return on County investments are also currently quite low. However, the direction these rates will take in the future is not known. Borrowing or bonding in the years ahead could mean a higher rate. Divesting investments right now could also mean giving up the income from possibly higher rates in the future.

Sorensen added that the County could also just go the bonding route for highway projects, which would allow some freeing up of operational fund for areas that have been neglected for a number of years.

In the end the Committee approved recommending to the County Board fund per preliminary funding analysis of the Five Year Capital Improvement Plan (CIP) for 2014 as presented.

In preparation for the County Board meeting, the Committee asked that all of the different numbers that could apply to the various scenarios of bonding, borrowing and using current investments be available for the discussion.

Sorensen reiterated that she needed to know which direction the County would like to take by the end of June so that she can move forward with the appropriate budget process.

In other matters, the Committee approved the yearly Budget Policy letter. The 2014 letter, which contains basically the same information on budget guidelines and policies of the County as previous years, indicates that the County may have seen a 1 percent new construction growth in equalized value, thus meaning the tax levy would be allowed to increase $148,920 for next year.

To fund known deficits in the carryover from the 2012 budget into the 2013 budget for the Highway Department, the Finance Committee approved using $762,000 from the Unassigned General Fund. This is the same fund tapped at the last County Board meeting to fund the video conference equipment purchases.

The agenda item cited $444,000 for construction, $153,700 for 2013 year-to-date snow removal, up to $100,000 for possible CTH BB tree removal and utility adjustments that will be done this year, and $65,000 for drainage improvements for the CTH W/Parkway Road intersection.

Funding was also approved to fund in an amount not to exceed $15,000 for Phillips Borowki, S.C., to pursue legal action related to Marinette County Case 2012CV000374. The funding will come from the regular county 2013 contingency fund.

Information Services Director Larry Schultz was invited to the meeting to discuss the ongoing beta testing of I-Pads by the Finance Committee. Having learned from her experience with the device, Supervisor Connie Seefeldt asked that new I-Pad users be given more enhanced training. Schultz added that the next eight I-Pads, for expansion of the program, have been ordered. He would work in more training when they do arrive and are implemented. An update was also given on the video projects taking place in the County Board room.

After Committee review, no changes were made to the County’s Investment Policy. Seefeldt asked how the Corporate Bonds were performing, since she had opposed that aspect of the policy when it was implemented last year. Kass replied that he had invested in three corporate bonds, and that they are doing fine.

In his monthly director’s report, Kass pointed out that investment interest continues to meander slightly, with no major discernible trend developing. He did speak about the impact of recent usage of money that was located in the Unassigned General Fund. The fund had been slowly built up $3.4 million over several years. Recent spending of money in that account will take years to replace.

No appropriation entries were presented to the Committee this month.

The Committee reviewed the monthly Schedule of Invoices, which totaled $192,966.62. $116,071.50 of that amount was for the General and Automobile Liability Insurance for the County.




Recent stories, opinions and photos

Issue Date Department Headline
07-26-2017Community - Coleman
Trinity Church Worship, Picnic at Village Park

07-26-2017Community - Coleman
CHS 57 Class Reunion Sept. 15

07-26-2017Community - Coleman
CHS 1950 Class Reunion Aug. 13

07-26-2017Community - Crivitz
Twin Bridge Learn to Ski Day

07-26-2017Community - Crivitz
CBA Community Set Rummage Sale

07-26-2017Community - Crivitz
87 Participants in Crivitz Legion Run for Recovery

07-26-2017Front Page
House Fire

07-26-2017Obituaries
Glen M. Scheuerman

07-26-2017Obituaries
Clarence Rusch

07-26-2017Obituaries
Richard R. Ott

07-26-2017Front Page
DHHS Halts Prescription Pay For Anthony House Clients

07-26-2017Community - Wausaukee
Farmers Market Changes Hours

07-26-2017Obituaries
Albert Kienitz

07-26-2017Sports
Wausaukee Business Assoc. to Meet Aug. 2

07-26-2017Front Page
School Citizens Committee Hears Building Issues

07-26-2017Community - Wausaukee
40th Silver Cliff Fire and Rescue, Auxiliary Parade, Picnic Aug. 12th

07-26-2017Community - Wausaukee
Wagner Fire Department Annual Picnic July 29th

07-26-2017Front Page
8th Annual Ride for Rescue at Crivitz Saturday, July 29th

07-26-2017Obituaries
Donald J. Hirt

07-26-2017Front Page
Sheriff: Sex Offenders Pose Difficult Problems

07-26-2017Sports
Cavalettes Alumni Softball Game Aug. 5

07-26-2017Sports
Annual "Friends of Mike" Golf Outing at Little River Aug. 11th

07-26-2017Sports
Post 39 Opens Tourney With Win

07-26-2017
James H. Gruel

07-26-2017Sports
Suring's Stegeman Named TIMESLand Top Athlete

07-26-2017Perspectives
Country Cousin

07-26-2017Perspectives
From our readers

07-26-2017Perspectives
From My Window

07-26-2017Obituaries
Lawrence E. Buhrandt

07-26-2017Obituaries
Robert E. Bryja

07-26-2017Obituaries
Amy Sue Blair

07-26-2017Obituaries
Carole J. Bangert

07-19-2017Front Page
Honor

07-19-2017Front Page
County Board To Consider Funding Half Time DA Post

07-19-2017Front Page
Paul Klose Named for MarOco Landfill Director

07-19-2017Front Page
District Attorney Fills Full-Time Assistant Job

07-19-2017Front Page
Florence, Marinette County May Partner On Waterfall

07-19-2017Front Page
Town of Peshtigo Okays Recycling Center Ramp

07-19-2017Community - Coleman
Lena's 3rd Annual Kickball Tourney

07-19-2017Community - Coleman
Maker Fun Factory VBS at St. Matthew

07-19-2017Community - Coleman
Lena Board Okays Track Lane Timer

07-19-2017Community - Coleman
Brazeau Services Picnic is July 29

07-19-2017Community - Crivitz
Country Gospel Jam at Stephenson Hall July 21

07-19-2017Community - Crivitz
Elderly Services Offers Reducing Falls Class

07-19-2017Community - Crivitz
Crivitz Rescue Squad Benefit Ride July 29

07-19-2017Community - Crivitz
Boats Near Capacity On High Falls Flowage

07-19-2017Community - Wausaukee
Athelstane Older Ordinances Corrected, Easier to Read

07-19-2017Obituaries
Wausaukee Audit Report Found Accurate

07-19-2017Community - Wausaukee
Wagner Fire Department Annual Picnic July 29th

07-19-2017Community - Wausaukee
Town Wagner Clerk Resigns Effective Aug. 8

07-19-2017Obituaries
Richard Angus

07-19-2017Obituaries
Carole J. Bangert

07-19-2017Obituaries
Michael J. Bedwell

07-19-2017Obituaries
Grace E. Benson

07-19-2017Obituaries
Christine Casarotto

07-19-2017Obituaries
Maxine M. Chapman

07-19-2017Obituaries
Ruth Comeaux

07-19-2017Obituaries
Gerald J. Durocher

07-19-2017Obituaries
Ronald L. Dudkiewicz

07-19-2017Obituaries
Michael W. Exferd

07-19-2017Obituaries
Richard A. Goltz

07-19-2017Obituaries
Aleta M. Imhoff

07-19-2017Obituaries
Marie K. Jung

07-19-2017Obituaries
Joseph M. Kamin

07-19-2017Obituaries
Caroline A. Kopatz

07-19-2017Obituaries
Mollie Kostreva

07-19-2017Obituaries
Dick Kramer

07-19-2017Obituaries
Mark A. Larson

07-19-2017Obituaries
Louise A. LeRoy

07-19-2017Obituaries
Susan M. MacDonald

07-19-2017Obituaries
James M. Overman

07-19-2017Obituaries
Elaine A. Pfaff

07-19-2017Obituaries
Thomas Richardson

07-19-2017
Frances P. Senecal

07-19-2017Obituaries
John M. Schaumberg

07-19-2017Obituaries
Rev. Msgr. Mark Schommer

07-19-2017Obituaries
James A. Vanderheiden

07-19-2017Obituaries
Emily Ziesmer

07-19-2017Perspectives
Country Cousin

07-19-2017Perspectives
From our readers

07-19-2017Perspectives
From My Window

07-19-2017Sports
Cabela's Bass Anglers At Bay de Noc July 29

07-19-2017Sports
WIAA State Summer Baseball Held in Mequon July 21

07-19-2017Sports
Legion Earns Win; Redbirds Fall to Macs

07-19-2017Sports
Pillath Adds to Storied Career, Family History

07-12-2017Community - Wausaukee
SC Fire Discusses Aug. 12 Picnic Plans

07-12-2017Community - Crivitz
Middle Inlet Board To Act on Judge Pay

07-12-2017Obituaries
Wausaukee To Start Farmers Market July 19

07-12-2017Community - Crivitz
Wolverine Fans Bean Bag Toss

07-12-2017Community - Crivitz
Crivitz Forms Area Foundation Partnership

07-12-2017
Library Picnic Set for July 26

07-12-2017Community - Crivitz
Colson Waives Preliminary Hearing In Crivitz Attack

07-12-2017Community - Coleman
Hillside North VBS July 17-21

07-12-2017Community - Wausaukee
Wagner Fire Department Annual Picnic July 29th

07-12-2017Community - Coleman
Trinity Church Lists Bible School July 24-28

07-12-2017Community - Coleman
Coleman School Board Agenda for July 17 Meet

07-12-2017Front Page
Outagamie Judge Orders New Sex Offender Placed In Pound

07-12-2017Obituaries
Nancy J. Yeazel

07-12-2017Front Page
Peshtigo OKs Zone Change For Charapata Seed Sales

07-12-2017Front Page
New DA Requests County Funds For Additional Attorney

07-12-2017Obituaries
Marie M. Willison

07-12-2017Front Page
Crivitz Continues Quest For Sex Offender Rules

07-12-2017Front Page
Grover Reduces Speeds On Leslie, Kamm Roads

07-12-2017Obituaries
Barbara White

07-12-2017Obituaries
Edward P. White

07-12-2017Obituaries
Rose H. Watson

07-12-2017Obituaries
Russell H. Steel

07-12-2017Obituaries
Rosemary A. Risen

07-12-2017Obituaries
Russell R. Philipps

07-12-2017Obituaries
Richard Nushart

07-12-2017Obituaries
Athalie A. Mueller

07-12-2017Obituaries
Joseph R. McGauran

07-12-2017Obituaries
Tennis G. Kostrova

07-12-2017Obituaries
Patrick Hendricks

07-12-2017Obituaries
John F. Halada

07-12-2017Obituaries
Jerry Durocher

07-12-2017Obituaries
Jennifer L. Demmith

07-12-2017Obituaries
Sally L. Bentley

07-12-2017Obituaries
Rose H. Watson

07-12-2017Obituaries
Kurt A. Wentz  

07-12-2017Obituaries
Louise M. Schroeder

07-12-2017Obituaries
Catherine Pitt-Romstad

07-12-2017Obituaries
Archie J. Megenuph Jr.

07-12-2017Obituaries
Lorin R. Mayer

07-12-2017Obituaries
Barbara R. Marshall

07-12-2017Obituaries
Theresa Krause 

07-12-2017Obituaries
Rebecca L. Jager

07-12-2017Obituaries
John W. Gudwer

07-12-2017Obituaries
Donald R. Dettman

07-12-2017
Donna M. Burish

07-12-2017Obituaries
Cecelia A. Berth

07-12-2017Perspectives
Country Cousin

07-12-2017Perspectives
From our readers

07-12-2017Perspectives
From My Window

07-12-2017Sports
Rule Changes in Track & Field and Cross Country

07-12-2017Sports
Michigan Natural Resources Commission To Meet Thursday

07-12-2017Sports
Woods and Stream 2nd Half Summer Trap Underway

07-12-2017Sports
Sailer Returns To Marinette Legion; Puts On Hitting Clinic

07-05-2017Obituaries
Norman S. Anderson

07-05-2017Obituaries
Myron L. Baumler

07-05-2017Obituaries
Dorothy A. Bragg

07-05-2017Obituaries
Ray G. Carlson

07-05-2017Obituaries
Douglas H. Charlier

07-05-2017Obituaries
Marcella O. Chevalier

07-05-2017Obituaries
Edsel DeBaker

07-05-2017Obituaries
Albert R. Deneau

07-05-2017Obituaries
George W. Felch

07-05-2017Obituaries
Louise M. Fifield

07-05-2017Obituaries
Tyler D. Gibson

07-05-2017Obituaries
Herbert H. Hessil


space
Peshtigo Times
WEB Poll!
Do you think the Republicans in Congress are doing a good job?
space Yes
No
Undecided
space
TO VOTE CLICK
YES, NO or UNDECIDED

Suggest a Question
space .
space
FRONT
space
.
space
CLASSIFIEDS
space
.
space
COMMUNITY
space
.
space
GUEST BOOK
space
.
space
NEWS
space
.
space
OBITS
space
.
space
PERSPECTIVES
space
.
space
SPORTS
space
.
space
SUBSCRIBE
space
.
space
.
space
PESHTIGO FIRE
space
.
space
CUSTOM PRINTING
space
.
space
TIMES' SAVER
space
.
space
Click for Peshtigo, Wisconsin Forecast
FORECAST
space
Quick...
News or Ad Search
Enter News key words.
Enter Ad key words.



Peshtigo Times
841 Maple St
PO Box 187
Peshtigo, WI 54157
Phone: 715-582-4541
Email:
News@
PeshtigoTimes.com

space
Fax: 715-582-4662
© 2000-2017
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites