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

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
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