space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* 2 Crivitz Youth Compete in PPK at Green Bay Dec. 4
* Area Girls' Basketball
* Area Boys' Basketball
* MHSAA State Championship
* Coach Motkowski Ready to Unleash "Dogs in '16-൙

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
11-30-2016Obituaries
Brielle R. Beres

11-30-2016Obituaries
Melvin J. Blohowiak

11-30-2016Obituaries
Sharon A. Bogner 

11-30-2016Obituaries
Robert Chaltry

11-30-2016Obituaries
Shirley G. Collins

11-30-2016Obituaries
Carol Jean Downing

11-30-2016Obituaries
Katherine L. Duaime

11-30-2016Obituaries
Orven L. Fabry

11-30-2016Obituaries
James Haban

11-30-2016Obituaries
Leonard Jarosz

11-30-2016Obituaries
Robert Magnin

11-30-2016Obituaries
Lela M. McTrusty

11-30-2016Obituaries
Richard E. Neely

11-30-2016Community - Coleman
Village Board Meets Dec. 5

11-30-2016Obituaries
Myra I. Orlando

11-30-2016Community - Coleman
Youth Wrestling Sign Up Dec. 1st

11-30-2016Obituaries
Bernadine M. Pietrek

11-30-2016Obituaries
Elaine H. Rathjen

11-30-2016Community - Coleman
Free Health Event at Coleman PK Fit

11-30-2016Obituaries
James L. Stillman

11-30-2016Community - Coleman
Coleman SHINE Bazaar, Craft Sale on Dec. 3rd

11-30-2016Obituaries
Sonia L. Stephanie

11-30-2016Obituaries
Linda Wolff

11-30-2016Community - Crivitz
Violin Lessons, Bowl New Area Classes

11-30-2016Community - Crivitz
Honored for 70 Years in Catholic Financial

11-30-2016Front Page
21 Volunteers Become Advocates for Children

11-30-2016Community - Wausaukee
Wagner Fire Department Sportsman Raffle Winners

11-30-2016Community - Wausaukee
Wausaukee School Earns 3 Stars on Report Cards

11-30-2016Community - Wausaukee
Wausaukee Students Grades 4-6 in Chess Club

11-30-2016Front Page
Judge Halts Dec. 1 Start Of Overtime/Salary Rule

11-30-2016Front Page
Wisconsin Presidential Recount Is Underway

11-30-2016Community - Wausaukee
Wausaukee Blood Drive is Dec. 5th

11-30-2016Front Page
Lectures, Tours Offered On Proposed Back Forty Mine

11-30-2016Front Page
Gala Parade, Many Events for Christmas in Marinette Dec. 3

11-30-2016Obituaries
Virginia E. Wilson

11-30-2016Obituaries
Stephen J. Wallace

11-30-2016Obituaries
Gail G. Van Caster

11-30-2016Perspectives
Country Cousin

11-30-2016Perspectives
From My Window

11-30-2016Sports
2 Crivitz Youth Compete in PPK at Green Bay Dec. 4

11-30-2016Sports
Area Girls' Basketball

11-30-2016Sports
Area Boys' Basketball

11-30-2016Sports
MHSAA State Championship

11-22-2016Front Page
Sentinel Structures Trucks Oversized Load of Arches

11-22-2016Front Page
Peshtigo School Board Views Tentative New Building Plans

11-22-2016Front Page
Grover Voters Okay Levy Hike For New Fire Truck

11-22-2016Front Page
Coleman Earns Highest DPI Report Card Rating

11-22-2016Front Page
Wausaukee Residents Urged To Attend Nov. 30 Hearing

11-22-2016Community - Coleman
Coleman SHINE Bazaar, Craft Sale on Dec. 3rd

11-22-2016Community - Coleman
Santa Claus at Village Pound Lights Parade

11-22-2016Community - Coleman
Coleman Trinity Church Advent Meal, Services

11-22-2016Community - Coleman
Coleman Youth Wrestling Sign Up

11-22-2016Community - Crivitz
Church Sponsors Christmas in the Village of Bethlehem

11-22-2016Community - Crivitz
Crivitz 2nd Graders Thank Veterans

11-22-2016Community - Crivitz
Howard Members Join Crivitz VFW Memorial

11-22-2016Community - Crivitz
Loomis Historical Christmas Pot Luck

11-22-2016Community - Wausaukee
Wausaukee Students Win Legion Auxiliary National Award

11-22-2016Community - Wausaukee
Wausaukee Booster Club Wine, Beer Testing Feb. 11

11-22-2016Community - Wausaukee
Town of Wausaukee Levy is $445,957.40

11-22-2016Community - Wausaukee
Library Cookie Walk Dec. 3rd

11-22-2016Obituaries
Doris M. Zimmerman

11-22-2016Obituaries
Eugene Trepanier

11-22-2016Obituaries
Patricia L. Thomas

11-22-2016Obituaries
Floyd F. Suennen

11-22-2016Obituaries
Irene D. Strzyzykowski

11-22-2016Obituaries
Evelyn C. Quarnstrom

11-22-2016Obituaries
Harry J. Ruff

11-22-2016Obituaries
Jerry L. Popp

11-22-2016Obituaries
Austin Kubiak

11-22-2016Obituaries
Jane M. Janes

11-22-2016Obituaries
James Haban

11-22-2016Obituaries
Ralph E. Bancroft

11-22-2016Obituaries
Dona J. Van Hoff

11-22-2016Obituaries
David A. McClain

11-22-2016Obituaries
Nick Vidas

11-22-2016Obituaries
Agnes Kowalski

11-22-2016Obituaries
Elsabea J. Oldham

11-22-2016Obituaries
Kenneth W. Westcott

11-22-2016Obituaries
Orville J. Renier

11-22-2016Obituaries
Raymond H. Rakers

11-22-2016Obituaries
The Rev. em. Reginald E. Pope

11-22-2016Obituaries
Albert P. Mineau

11-22-2016Obituaries
Elaine A. Marquardt

11-22-2016Obituaries
Elizabeth J. Lownik

11-22-2016Obituaries
Betty A. LaCount

11-22-2016Obituaries
Doris I. Kriegl

11-22-2016Obituaries
Angeline H. Johnston 

11-22-2016Obituaries
Barbara A. Erickson

11-22-2016Obituaries
Carol M. Bushmaker 

11-22-2016Perspectives
Country Cousin

11-22-2016Perspectives
From our readers

11-22-2016Perspectives
From My Window

11-22-2016Sports
Coach Motkowski Ready to Unleash "Dogs in '16-൙

11-22-2016Sports
M&O Basketball - Area Teams Start Season with Wins

11-22-2016Sports
Young Marines Hold On in Season Opener

11-22-2016Sports
MSHAA Semifinal - Maroons To Face Grand Rapids West In State Final

11-16-2016Obituaries
Rosemary A. Stowick

11-16-2016Obituaries
Deanie A. Simerl

11-16-2016Obituaries
Sam Schomer

11-16-2016Obituaries
Patricia J. Roland  

11-16-2016Obituaries
Robert Race

11-16-2016Obituaries
Melvin A. Olson

11-16-2016Obituaries
Norman F. Lueskow

11-16-2016Obituaries
Betty J. Krull

11-16-2016Obituaries
Margaret M. Kirschbaum

11-16-2016Obituaries
William E. Keller Jr.

11-16-2016Obituaries
Hollister Jansen

11-16-2016Obituaries
Ione Herrmann

11-16-2016Obituaries
Pat Cletus Courchaine

11-16-2016Obituaries
Sandra J. Beekman

11-16-2016Obituaries
Lowell White

11-16-2016Obituaries
Genevieve J. Adamczyk

11-16-2016Obituaries
Shirley M. Walters

11-16-2016Obituaries
Charles H. Antholt

11-16-2016Obituaries
Eleanor E. Peterson

11-16-2016Community - Wausaukee
Wausaukee Church Pie, Bake Sale

11-16-2016Obituaries
Autumn L. La Londe

11-16-2016Obituaries
Michael C. Kinard

11-16-2016Community - Wausaukee
Klaver's Lawn Care Hired by Athelstane Town Board

11-16-2016Obituaries
Jan DeGayner

11-16-2016Community - Wausaukee
Christmas for Kids Gift Distribution

11-16-2016Community - Wausaukee
Athelstane Craft Fair on Nov. 19

11-16-2016Front Page
Town of Peshtigo Settles Mercury Asssessment

11-16-2016Obituaries
Robert F. Biemeret, Sr.

11-16-2016Front Page
BELLIN OPEN HOUSE

11-16-2016Perspectives
Country Cousin

11-16-2016Community - Crivitz
Free Thanksgiving Dinner at Crivitz

11-16-2016Community - Crivitz
Loomis Legion Fun Day Was Big Success

11-16-2016Community - Crivitz
Loomis Historical Pot Luck Dec. 1

11-16-2016Community - Crivitz
Crivitz Students Top in Studies, Athletics

11-16-2016Community - Coleman
Woman's Club Meets at PK Fit in Coleman

11-16-2016Community - Coleman
Thanksgiving Recess For Coleman School

11-16-2016Community - Coleman
Coleman Youth Wrestling Sign Up

11-16-2016Perspectives
From our readers

11-16-2016Community - Coleman
Coleman Library Mini Auction

11-16-2016Perspectives
From My Window

11-16-2016Sports
Salewski/Christensen Headline First Team Griders

11-16-2016Front Page
Ask City To Consider Vacating Green Street

11-16-2016Sports
Suring's Stegeman Reigns Supreme as Volleyball MVP

11-16-2016Front Page
Peshtigo Police Chief FitzGerald Is Settling In

11-16-2016Sports
MSHAA Playoffs - Menominee Moves onto State Semis With Dominating Win Over Reed City

11-16-2016Sports
WIAA to Crown State Football Champions

11-16-2016Front Page
Coleman School Board Discusses Building Upgrade Referendum

11-09-2016Community - Coleman
Thanksgiving Dinner at Pound Church

11-09-2016Community - Coleman
Equity Bean Bag League To Meet

11-09-2016Community - Coleman
Coleman Students Score Best in Area on 2016 State Assessment

11-09-2016Community - Coleman
Coleman-Pound Restaurants To Honor Area Veterans

11-09-2016Community - Crivitz
Woman's Club Holiday Auction, Boutique Nov. 10

11-09-2016Community - Crivitz
Free Community Thanksgiving Dinner

11-09-2016Community - Crivitz
Female Self-Defense Crivitz Clinic Nov. 12th


space
Peshtigo Times
WEB Poll!
Do you think that a recount is necessary?
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
© 2000-2016
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites