THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
Peshtigo Town Board Approves 2018 Budget
Issue Date: October 25, 2017
The Peshtigo Town Board held a special meeting on Thursday, Oct. 19 for a workshop and to approve the town's budget for 2018.
Town treasurer Vilas Schroeder presented the board with a preliminary budget, which the board then reviewed and made tweaks to before approving it. The original presented budget showed both total projected revenues for 2018 at $925,412.06 and total projected expenses at $925,395.
Those numbers reflect a 4.78 increase from the $883,158.53 in total revenues and total expenses in the 2017 budget.
However, there were some changes made in the presented budget by the board's supervisors.
The elections account was increased from $10,000 to $22,000 to better reflect the amount spent in previous midterm election years. The treasurer account was increased from $28,000 to $28,500. The town garage gas account was decreased from $1,200 to $1,000. Wages for the town hall administrative assistant were raised from $12,500 to $13,500. The town hall electric account was reduced from $4,500 to $4,000 due to expected savings from LED light bulb savings. The land use planning account was increased from $500 to $2,000. Finally, the contingency fund was reduced from $20,000 to $5,717.06 to accommodate the aforementioned changes while also keeping the budget balanced.
The revised budget, which was then approved by the board, now showed total revenues and total expenses both projected at $925,412.06.