space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* Thunder on a Roll; Claim Four More Wins
* Coleman Wins D3 Regional; Advance 12 to Sectional
* Crivitz Takes Half Game Lead Into Final Week
* Bulldog Defense Upsets Clippers
* Bay Area Youth Rugby Expanding

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
02-14-2018Sports
Thunder on a Roll; Claim Four More Wins

02-14-2018Sports
Coleman Wins D3 Regional; Advance 12 to Sectional

02-14-2018Sports
Crivitz Takes Half Game Lead Into Final Week

02-14-2018Obituaries
Helen M. Yunke

02-14-2018Obituaries
Steven C. Wirtz

02-14-2018Obituaries
Robert Stevens

02-14-2018Obituaries
Kent W. Smith

02-14-2018Obituaries
Leo Schmidt

02-14-2018Obituaries
Lorraine T. Saltz

02-14-2018Obituaries
Edward Saltz

02-14-2018Obituaries
Sonja R. Ruechel

02-14-2018Obituaries
Elsward L. Guseck

02-14-2018Obituaries
Magdalen A. Giese

02-14-2018Obituaries
Jon Comeaux

02-14-2018Obituaries
Frances L. Bieber

02-14-2018Obituaries
Arlene J. Borchardt

02-14-2018Obituaries
Jean F. Angus

02-14-2018Obituaries
Henry J.Welsch

02-14-2018Obituaries
Helen M. Lynch

02-14-2018Sports
Bulldog Defense Upsets Clippers

02-14-2018Obituaries
Wayne R. Bender

02-14-2018Obituaries
Dorothy A. Sopkowicz-Tackes

02-14-2018Obituaries
June M. Prefontaine

02-14-2018Obituaries
Joanne Makowiecki

02-14-2018Obituaries
Elizabeth J. Kinsella

02-14-2018Obituaries
Michael J. Homa, Jr.

02-14-2018Obituaries
Douglas G. Elsner

02-14-2018Front Page
Arbor Village, Community Based Facility Now Open In Peshtigo

02-14-2018Perspectives
Country Cousin

02-14-2018Perspectives
From our readers

02-14-2018Perspectives
From My Window

02-14-2018Front Page
County Looks At Abolishing Position of Elected Coroner

02-14-2018Front Page
Neumann Retiring After 32 Years As Track Coach

02-14-2018Front Page
Dept. Of Public Works Lists Equipment Needs

02-14-2018Community - Wausaukee
Lions Club Flower Sale Coming Soon

02-14-2018Community - Wausaukee
St. Augustine Lenten Fish Fries

02-14-2018Front Page
Voters To Choose Candidates For Supreme Court On Feb. 20

02-14-2018Community - Wausaukee
Wausaukee Lion's Club to Host 9-Pin Bowling Tourney

02-14-2018Community - Wausaukee
Wausaukee Blood Drive Set For February 19th

02-14-2018Community - Crivitz
Lake Noquebay Fish O Rama Feb. 24

02-14-2018Community - Crivitz
Crivitz To Host 3 on 3 Tournament

02-14-2018Community - Crivitz
Crivitz Area Woman's Club Offers Scholarships

02-14-2018Community - Crivitz
Crivitz Lions Host Wausaukee Lions

02-14-2018Community - Coleman
Coleman Student Elected Region 3 FBLA Vice President

02-14-2018Community - Coleman
Foreigner Tribute Band at Equity Hall Feb. 16-17

02-14-2018Community - Coleman
Coleman K.C. Fish Fry Feb. 16

02-14-2018Community - Coleman
Coleman School District Child Development Days

02-07-2018Sports
Bay Area Youth Rugby Expanding

02-07-2018Sports
Frederickson's 3 Pointer Pushes Peshtigo Past Algoma

02-07-2018Sports
Crivitz Keeps One Game Lead; Marinette Upset by Lux-Casco

02-07-2018Perspectives
Country Cousin

02-07-2018Perspectives
From our readers

02-07-2018Perspectives
From My Window

02-07-2018Obituaries
James H. Albrecht

02-07-2018Obituaries
Spencer Bichel

02-07-2018Obituaries
Merle D. Bishop

02-07-2018Obituaries
Helen M. Borths

02-07-2018Obituaries
Richard B. Burns

02-07-2018Obituaries
Thomas R. Dasko

02-07-2018Obituaries
Janet E. Dubey

02-07-2018Obituaries
Jody L. Enderby

02-07-2018Obituaries
Betty J. Engler

02-07-2018Obituaries
Dr. Gregory L. Evensen

02-07-2018Obituaries
Alvina B. Foley

02-07-2018Obituaries
Helen M. Lynch

02-07-2018Obituaries
Marie J. Motiff,

02-07-2018Obituaries
Judith A. Ondik

02-07-2018Obituaries
Sue A. Paro

02-07-2018Obituaries
Elmer H. Polzin

02-07-2018Obituaries
Ransom Rhode

02-07-2018Obituaries
Sarah A. Rust

02-07-2018Obituaries
Jeanette M. Snyder

02-07-2018Obituaries
Emmi L. Stratton

02-07-2018Obituaries
Donald Van Pay

02-07-2018Obituaries
Karen E. Bechtold

02-07-2018Obituaries
Floyd B. DeBauch

02-07-2018Obituaries
Dorothy L. Ferguson

02-07-2018Obituaries
Roger G. Gretzon

02-07-2018Obituaries
Sheila K. LaFortune

02-07-2018Obituaries
John E. Lemire

02-07-2018Obituaries
Michael J. Nelson

02-07-2018Community - Wausaukee
Wausaukee Library Holds Fruit Sale

02-07-2018Community - Wausaukee
Wausaukee Lions To Sell Flowers

02-07-2018Community - Wausaukee
St. Jude Bowl-A-Thon at Wausaukee Feb. 11

02-07-2018Community - Wausaukee
Wausaukee Jr/Sr High List 2nd Quarter Honor Roll

02-07-2018Community - Crivitz
Craft-O-Rama at Crivitz Feb. 10

02-07-2018Community - Crivitz
Crivitz Legion To Meet Feb. 21

02-07-2018Community - Crivitz
Crivitz Ares Woman's Club Offers Scholarships

02-07-2018Community - Coleman
Coleman Utility Board Feb. 12

02-07-2018
Cougar Business Assoc. Annual Dinner Feb. 26th

02-07-2018Community - Coleman
Craft Show at Pound Feb. 10

02-07-2018Community - Coleman
Kickers Have Valentine Dance at Equity Hall

02-07-2018Front Page
Best of Cities

02-07-2018Front Page
Gov. Walker Joins Marinette Officials for WMCOE Opening

02-07-2018Front Page
Pound Village Board Hears School Referendum Report

02-07-2018Front Page
Village of Coleman President Praises Public Work Employees

02-07-2018Front Page
Peshtigo School Board Meets Monday, Feb. 12

01-31-2018Sports
UW-Marinette Finishes Busy Week With 2-1 Readout

01-31-2018Sports
Cougars Lead Area Teams at Pulaski Invite

01-31-2018Sports
Crivitz Falls to Oneida; M&O Lead Reduced to one half Game

01-31-2018Perspectives
Country Cousin

01-31-2018Sports
Wolverines Cage Cougars; Take Sole Possession of First

01-31-2018Perspectives
From our readers

01-31-2018Perspectives
From My Window

01-31-2018Obituaries
Daniel Osmon, Sr.

01-31-2018Obituaries
Barbara J. Miller

01-31-2018Obituaries
Muriel R. Lippens

01-31-2018Obituaries
Ervin L. Limberg

01-31-2018Community - Wausaukee
Winners Listed at Silver Cliff Cards

01-31-2018Obituaries
Richard G. Kubichek Sr.

01-31-2018Obituaries
Ken Kowalkowski

01-31-2018Obituaries
Joseph A. Hatfield

01-31-2018Obituaries
Gerald L. Gehling

01-31-2018Obituaries
Virginia M. Diamond

01-31-2018Community - Wausaukee
Wausaukee Blood Drive Set For February 19th

01-31-2018Obituaries
Roseann Darga

01-31-2018Obituaries
Timothy W. Cox

01-31-2018Obituaries
Terrie L. Cornish

01-31-2018Community - Wausaukee
Message Community Church Has Bake Sale, Chili Dump

01-31-2018Obituaries
Connie L. Betzinger

01-31-2018Obituaries
Michael R. Alfredson

01-31-2018Obituaries
Liam M. Zahn

01-31-2018Community - Wausaukee
Marquette University Lists Area Graduates

01-31-2018Obituaries
Arlene J. Wagner

01-31-2018Obituaries
Mattie E. Strauss

01-31-2018Obituaries
Gary Smith

01-31-2018Obituaries
Jody A. Savage

01-31-2018Community - Crivitz
Crivitz School Board Hears State Spend Increase

01-31-2018Obituaries
Roger Lee Rupp

01-31-2018Obituaries
Susan C. Putnam

01-31-2018Obituaries
Daniel M. Payne

01-31-2018Obituaries
Glenn J. Magnin

01-31-2018
Craft-O-Rama at Crivitz Feb. 10

01-31-2018Obituaries
Carroll A. Dumke

01-31-2018Obituaries
Kaleb J. Case

01-31-2018Obituaries
Joyce C. Miller-Cardinal

01-31-2018Obituaries
Nancy A. Benson

01-31-2018Obituaries
Margaret R. Bellow

01-31-2018Community - Crivitz
Crivitz High School Lists 2nd Quarter Honor Roll

01-31-2018Community - Crivitz
Candlelight Ski, Hike at Thompson Park

01-31-2018Community - Coleman
Coleman Village Board Meets Feb. 5

01-31-2018Community - Coleman
Faith Christian School Lists Honor Roll, Perfect Attendance

01-31-2018Community - Coleman
Faith King is Student of Month

01-31-2018Front Page
Early Morning Fire Destroys Dun-Rite Asphalt Buildings

01-31-2018Front Page
Marinette Marine Seeks County Assist For Contract Opportunity

01-31-2018Front Page
Fire Destroys Old Knitting Mill Building In Marinette

01-31-2018Front Page
County Tourism Promotion Services Remain Unsettled

01-31-2018Front Page
Peshtigo City Council To Meet February 6

01-24-2018Obituaries
Donald J. Bahrke

01-24-2018Obituaries
Floyd C. Beyer


space
Peshtigo Times
WEB Poll!
Should President Trump cut back on the amount of tweets he makes?
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
© 2000-2018
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites