space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin - Is It Spring?...
space
space
Sports Shorts
* Peshtigo's Lepkowski Heads To State; OFalls Sends Six Led By Trepanier/Ash
* Coleman Sends Six Wrestlers To State; Florence/Niagara, Oconto Send 1 Each
* Six M&O Teams to Play in Regional Semis
* Lena Stops Suring in OT; Peshtigo Clinches M&O Title
* Peshtigo and Suring Remain in Contention for M&O Title

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

Finance Committee Recommends $37,335,000 Borrowing Resolution

After some agonized discussion at its meeting on Monday, Aug. 18, Marinette County Board’s Finance Committee agreed to ask the full County Board to approve an initial resolution authorizing borrowing up to $37,335,000 over the next few years to finance projects in the county’s 5-year capital improvements plan. I’m having a hard time supporting the 5-year plan. I just can’t support this, declared County Board Vice Chair Kathy Just as she cast the sole opposing vote.

Voting in favor were County Board Chair Vilas Schroeder and supervisors Don Phillips, Melissa Christiansen and Don Pazynski.

Before the vote, Schroeder explained approving the resolution does not bind them to borrow that much, but it gives us the flexibility to borrow up to that amount. He said the County Board will still need to vote separately on each specific bond issue. He said he and Finance Director Pat Kass had met with Financial consultant Jeff Belongia to discuss the plans, and after that he felt more comfortable. I just felt we need to plan ahead. If we plan on doing these improvements, we need to plan for the funding.

Pazynski viewed the resolution as a cap on the amount they can borrow in the next five years. We can borrow up to that amount, but not more, he explained.

The board has already approved this year’s version of the 5-year Capital Improvement Plan.

Just asked what the impact of that amount of borrowing would be on a $100,000 home. Kass explained according to an estimated preliminary schedule he had worked out with Belongia the property tax levy will go up 19 to 27 cents per $1,000 of equalized value, or $19 to $27 per year on a $100,000 home. Property values in the county dropped about 3 percent this year, so that could mean a higher levy. A good sales tax year would mean less debt service on the tax roll.

Moments earlier the committee had unanimously approved a Scope of Engagement agreement with Hutchinson Shockey Erley & Company of Milwaukee which effectively hired the county’s long-time financial consultant Jeff Belongia to act as underwriters for the $6,270,000 bond issue to finance Capital Improvement funding for 2015.

Finance Director Kass explained it was Belongia who worked with them on the $9 million bond issue early this year, as he has on every bond issue for nearly two decades.

Kass said there is no fear that Belongia will not act in the county’s best interests on this bond issue as he has in the past, but the formal agreement puts more emphasis on what the consultant does and does not do for the county.

The committee agreed to accept a discounted payment option which they will get a 15 percent discount for paying Cost Controls Associates, Inc. the entire amount of their phone audit fee now, rather than over the life of the agreement.

Kass said the audit resulted in $85,579 in savings on telephone costs for the county, and Cost Control fee is 42 percent of the savings. The county will pay the entire $30,000, which is the balance after the 15 percent discount. Kass said he recommends doing it, even though it means taking $22,141 from Contingency. Kass commented he cannot make 15 percent on investments.

He said Holly Viestenz of his office went through the audit results closely, and these are solid savings.

Schroeder asked if they were losing oversight by releasing Cost Controls from their contract early, but Kass said the county, not Cost Control, is responsible for watching to see that the phone bills don’t get bumped up again.

The Cost Control summary report showed $43,761 in fixed phone savings, $28,655 in cellular phone savings and $13,163 in long distance savings.

While reviewing bills, Schroeder questioned payment of $6,000 to the Peshtigo Times and was told it was for publishing three full pages advertising tax delinquent properties.


Recent stories, opinions and photos

Issue Date Department Headline
02-22-2017Front Page
PLACE SECOND

02-22-2017Front Page
County May Donate $1.5 Million For Marinette Community Center

02-22-2017Front Page
Lt. Ducane Is New Traffic Safety Commission Chair

02-22-2017Front Page
Pottratz, Wiedemeier, Staudenmaier, Buechler Win In Town of Peshtigo

02-22-2017Front Page
County Jail Population Nears Excess Capacity

02-22-2017Sports
Peshtigo's Lepkowski Heads To State; OFalls Sends Six Led By Trepanier/Ash

02-22-2017Sports
Coleman Sends Six Wrestlers To State; Florence/Niagara, Oconto Send 1 Each

02-22-2017Sports
Six M&O Teams to Play in Regional Semis

02-22-2017Sports
Lena Stops Suring in OT; Peshtigo Clinches M&O Title

02-22-2017Perspectives
Country Cousin - Is It Spring?...

02-22-2017Perspectives
From My Window - Part II - Going, Going, Gone

02-22-2017Perspectives
From Our Readers

02-22-2017Perspectives
From Our Readers

02-22-2017Obituaries
Florence A. Zielinski

02-22-2017Obituaries
Illma E. Young

02-22-2017Obituaries
Harvey Wellnitz

02-22-2017Obituaries
Jon Wangerin

02-22-2017Obituaries
Rev. Donald F. Wandersee

02-22-2017Obituaries
Dorothy M. Van

02-22-2017Obituaries
Eugene J. Turner

02-22-2017Obituaries
Gary R. Steinwehr

02-22-2017Obituaries
Beatrice V. Olson

02-22-2017Obituaries
Patricia L. Milbach

02-22-2017Obituaries
Roxanne L. Huff

02-22-2017Obituaries
Glendon A. Harvey

02-22-2017Obituaries
James A. Briley

02-22-2017Obituaries
Kenneth G. Becker

02-22-2017Obituaries
Pat Waselchuk

02-22-2017Obituaries
Bruce F. Schulz

02-22-2017Obituaries
William J. Pytleski

02-22-2017Obituaries
Arlene E. Peterson

02-22-2017Obituaries
Michael E. Linley

02-22-2017Obituaries
Roy E. Johnson

02-22-2017Obituaries
Donald B. Geurts

02-22-2017Obituaries
Barry Danford

02-22-2017Obituaries
Coreena L. Chaltry

02-22-2017Community - Wausaukee
Lions Bowling Tourney Mar. 11, 18

02-22-2017Community - Wausaukee
Town Board of Audit Finds Books in Order

02-22-2017Community - Wausaukee
Youth Rally at Wausaukee Feb. 28

02-22-2017Community - Wausaukee
Town Board of Audit Finds Books in Order

02-22-2017Community - Wausaukee
Athelstane Board Okays Ordinance Amendments

02-22-2017Community - Crivitz
Crivitz Area Woman's Club Girls Night Out Apr. 17

02-22-2017Community - Crivitz
11 at Monday Card Group

02-22-2017Community - Coleman
Register for Trinity School 3K, 4K

02-22-2017Community - Coleman
Equity Park Annual Craft Fair, Flea Market

02-22-2017Community - Coleman
Coleman/Pound Has Busy Court Action

02-22-2017Community - Coleman
Coleman Child Development Days, RegisterJr. Kindergarten

02-22-2017Community - Coleman
Coleman School Board Feb. 27

02-15-2017Front Page
Organize Citizens Building Committee for School Options

02-15-2017Front Page
Town of Peshtigo Has Feb. 21 Primaries for Chair, Supervisor

02-15-2017Front Page
Two Week Trial For Menominee Murder Suspect Is Underway

02-15-2017Front Page
Wausaukee Rescue Squad Has Annual Meeting Feb. 12

02-15-2017Front Page
Primaries Feb. 21 For State School Superintendent, Peshtigo Town Offices

02-15-2017Community - Coleman
CCBA To Meet at Barnstormers

02-15-2017Community - Coleman
Coleman Accepts Open Enrollment

02-15-2017Community - Coleman
Coleman K.C. Plans March 3rd Fish Fry

02-15-2017Community - Coleman
Youth Baseball Signup Dates

02-15-2017Community - Crivitz
Country Gospel Jam Feb. 17

02-15-2017Community - Crivitz
Middle Inlet Eligible For T.R.I.D, T.R.I.P In 2018

02-15-2017Community - Crivitz
Stephenson Board Approves Rescue Squad Contracts

02-15-2017Community - Crivitz
Clip-Clop Trail Riders Receive $4100 Donation

02-15-2017Community - Wausaukee
Lions Bowling Tourney Mar. 11, 18

02-15-2017Community - Wausaukee
Winners in Silver Cliff Card Party

02-15-2017Community - Wausaukee
Youth Rally at Wausaukee Feb. 28

02-15-2017Community - Wausaukee
Guest Speakers at Presbyterian Churches

02-15-2017Obituaries
Raymond Younger

02-15-2017Obituaries
William J. Wazniak 

02-15-2017Obituaries
Gordon VanLaanen

02-15-2017Obituaries
Willard S. Paugh, Jr.

02-15-2017Obituaries
Dennis L. Nicklaus

02-15-2017Obituaries
Shelby J. Mcbride

02-15-2017Obituaries
Eleanor LaLiberte 

02-15-2017Obituaries
Lon M. LeFebre

02-15-2017Obituaries
Ella Just

02-15-2017Obituaries
May A. (Bates) Jandt

02-15-2017Obituaries
Richard Gibbs 

02-15-2017Obituaries
Warren J. Faust 

02-15-2017Obituaries
Betty Lou Erdman

02-15-2017Obituaries
Robert J. Dyer

02-15-2017Obituaries
H. Bielinski Sr.

02-15-2017Obituaries
Lodavine I. Thorne

02-15-2017Obituaries
Thomas A. Rost

02-15-2017Obituaries
Marcia J. Ottmar

02-15-2017Obituaries
Robert E. Mays

02-15-2017Obituaries
James Mastejko

02-15-2017Obituaries
Lorraine V. Marrs

02-15-2017Obituaries
Lavina M. Hofer

02-15-2017Obituaries
Gregory F. Gritt

02-15-2017Obituaries
Jeffrey M. Forgette

02-15-2017Obituaries
Guy Jordan Erb, Jr.

02-15-2017Obituaries
Clarence E. Engel

02-15-2017Obituaries
Scott A. Baumler

02-15-2017Perspectives
Country Cousin

02-15-2017Perspectives
From our readers

02-15-2017Perspectives
From My Window

02-15-2017Sports
Peshtigo and Suring Remain in Contention for M&O Title

02-15-2017Sports
Peshtigo Experience Shines Against Wausaukee

02-15-2017Sports
Area Wrestlers Advance to Sectional Competition

02-15-2017Sports
Lady Bucs Finish Undefeated; Win Third Straight WCC Title

02-08-2017Obituaries
Peter R. Zimmer

02-08-2017Obituaries
Clutch Zeske 

02-08-2017Obituaries
David W. Wickstrom

02-08-2017Obituaries
Marilyn S. VanBeek

02-08-2017Obituaries
Virgil C. Thomson

02-08-2017Obituaries
Mary L. Olson

02-08-2017Obituaries
Joseph M. Massie

02-08-2017Obituaries
Terry J. Nelson

02-08-2017Obituaries
Carmelita S. Lloyd

02-08-2017Obituaries
Alfred C. Lindstrom, Jr.

02-08-2017Obituaries
Robert Leafe

02-08-2017Obituaries
Shirley A. Konop

02-08-2017Obituaries
Marie J. Konell

02-08-2017Obituaries
Leslie L. Kehl

02-08-2017Obituaries
Bernard L. Jashinsky

02-08-2017Obituaries
Father Norman A. Clisch

02-08-2017Obituaries
Andre M. Christenson

02-08-2017Obituaries
Sister Jacqueline Capelle, OSF

02-08-2017Obituaries
Beatrice Bushey

02-08-2017Obituaries
Helen Stec

02-08-2017Obituaries
Gustav J. Schenkoske

02-08-2017Obituaries
Ivan W. Lusardi, Sr

02-08-2017Obituaries
Ronald J. Laundree

02-08-2017Obituaries
Rudolph J. Kristoff

02-08-2017Obituaries
Gaylord H. King

02-08-2017Obituaries
Tracy J. Heinz

02-08-2017Obituaries
George W. Felch

02-08-2017Obituaries
Joseph DeGroot

02-08-2017Obituaries
Duane Braham

02-08-2017Obituaries
Blanche B. Bolen

02-08-2017Obituaries
Leona Berg

02-08-2017Perspectives
Country Cousin

02-08-2017Obituaries
Lillian M. Belongia

02-08-2017Community - Wausaukee
Sweet Sale for Wausaukee Church

02-08-2017Perspectives
From our readers

02-08-2017Perspectives
From My Window

02-08-2017Community - Wausaukee
Wausaukee Wine, Beer Tasting Event

02-08-2017Community - Wausaukee
Wausaukee Lions Bowl Tourney

02-08-2017Community - Wausaukee
Collect 56 Units in Blood Drive

02-08-2017Sports
M&O Boys Basketball - Suring/Lena Keep Title Hopes Alive

02-08-2017Community - Crivitz
Crivitz Area Woman's Club Offers Scholarships

02-08-2017Community - Crivitz
Parkinson Meeting at Menominee on Feb. 16

02-08-2017Community - Crivitz
State Park Plans Candlelight Hike

02-08-2017Community - Crivitz
High Falls Fish-O-Rama, Radar Run, and Winterfest

02-08-2017Sports
M&O Girls Basketball - Peshtigo Maintains Lead Going Into Final Stretch

02-08-2017Community - Coleman
Local Winners in Free Throw Contest

02-08-2017Community - Coleman
Coleman KC Free Throw Contest

02-08-2017Sports
Area Grapplers Start Post-Season Tournaments

02-08-2017Community - Coleman
Living Waters Church Holds Annual Meeting

02-08-2017Community - Coleman
CCBA Meet February 16

02-08-2017Front Page
RECEIVE DEFIBRILLATOR


space
Peshtigo Times
WEB Poll!
Do You Support President Trumps Executive Order on Immigration?
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