space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* Marinette’s Miller Plays Key Role In Championship
* Conference Wide Open This Year
* Big Scores For 4th, 5th Graders
* Maroons Fall To Falcons 42-24
* Marinette Hoops Club Nov. 1 4th, 5th Grade Boys Scores

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
11-26-2014Obituaries
Anna M. Witt

11-26-2014Obituaries
Charles E. Van Sr.

11-26-2014Obituaries
Genevieve M. Lane

11-26-2014Obituaries
Donald K. Grabowski

11-26-2014Obituaries
Ruth M. Freis

11-26-2014Obituaries
Victoria M. Harter

11-26-2014Obituaries
Donna E. Edlebeck

11-26-2014Obituaries
Carol L. Bushek

11-26-2014Obituaries
Marilyn Beaudoin

11-26-2014Obituaries
Shirley M. Aderman

11-26-2014Obituaries
Arthur J. Dorow

11-26-2014Obituaries
Louis R. Sotka Jr.

11-26-2014Obituaries
Zetta A. Bangert

11-26-2014Obituaries
Thomas R. Wozniak

11-26-2014Obituaries
Lambert J. Wagner

11-26-2014Obituaries
Lenora J. Stoppa

11-26-2014Obituaries
Gerald W. Steinhoff

11-26-2014Obituaries
Mabel I. Spade

11-26-2014Obituaries
James P. Schnoor

11-26-2014Obituaries
Jeff Pierquet

11-26-2014Obituaries
Eunice M. Hollingsworth

11-26-2014Obituaries
Richard G. Hofer

11-26-2014Obituaries
Evelyn B. Egerer

11-26-2014Obituaries
Elizabeth Douglas

11-26-2014Perspectives
Country Cousin

11-26-2014Perspectives
Tales from the old-timer

11-26-2014Perspectives
From our readers

11-25-2014Sports
Marinette’s Miller Plays Key Role In Championship

11-25-2014Sports
Conference Wide Open This Year

11-25-2014Sports
Big Scores For 4th, 5th Graders

11-25-2014Sports
Maroons Fall To Falcons 42-24

11-25-2014News
Area Students in Phi Kappa Phi

11-25-2014News
Seek Items for Adopt-A-Family

11-25-2014News
Free Holiday Meal for Vets

11-25-2014Community - Wausaukee
German Christmas Market Dec. 6th

11-25-2014Community - Wausaukee
Niagara Lions Raffle Calendars Now on Sale

11-25-2014Community - Wausaukee
Family Topic of Church Speaker

11-25-2014Community - Wausaukee
Wausaukee Blood Drive Dec. 8th

11-25-2014Community - Crivitz
Stephenson Board Votes For Contract Snowplowing

11-25-2014Community - Crivitz
Crivitz Library Annual Bake Sale

11-25-2014Community - Crivitz
FAB Takes Santa’s Letters

11-25-2014Community - Coleman
Lena Cookie Walk Dec. 15

11-25-2014Community - Coleman
District Governor at OF Lions

11-25-2014Community - Coleman
Land Title Moves To New London

11-25-2014Community - Coleman
Ask Village Residents To Decorate Boxes

11-25-2014Front Page
Rev. Johnson Queen Anne Style Home in Holiday Tour

11-25-2014Front Page
Grants, Gifts Help Coleman With Activities

11-25-2014Front Page
Donors Give New Uniforms To Crivitz Boys Basketball

11-25-2014Front Page
Marinette Christmas Celebration, Open House, Parade, on Dec. 6

11-25-2014Front Page
3 Children Die In Menominee Crash

11-20-2014Sports
Marinette Hoops Club Nov. 1 4th, 5th Grade Boys Scores

11-20-2014Sports
Hunters Hats Must Be 50% Orange

11-20-2014Sports
Safe Deer Hunting Tips, ATVs, UTVs Great Tools

11-20-2014Sports
Over 550,000 Orange Coats To Take To The Woods Saturday

11-20-2014Perspectives
From Our Readers

11-20-2014Perspectives
From our readers

11-20-2014Perspectives
COUNTRY COUSIN

11-20-2014Perspectives
Tales from the old-timer

11-20-2014Obituaries
Antone A. Schmidt

11-20-2014Obituaries
Thomas A. Petri

11-20-2014Obituaries
Warren C. Peterson

11-20-2014Obituaries
Clarice M. LaCount

11-20-2014Obituaries
Rob Jahnke

11-20-2014Obituaries
Patricia J. Groth

11-20-2014Obituaries
Francis P. Dupuis

11-20-2014Obituaries
Irene M. Demmith

11-20-2014Obituaries
Thomas R. Wozniak

11-20-2014Obituaries
Leonard A. Wahlstrom

11-20-2014Obituaries
Janet D. Sleeter

11-20-2014Obituaries
William A. Rose, Jr.

11-20-2014Obituaries
Genevieve R. Raboin

11-20-2014Obituaries
Dean P. Powers

11-20-2014Obituaries
Jerrod Lemke 

11-20-2014Obituaries
Edna Lang

11-20-2014Obituaries
Esther J. Klukas

11-20-2014Obituaries
Carl Hansen

11-20-2014Obituaries
Hayden D. Gagnon

11-20-2014Obituaries
Eugene F. Fristad

11-20-2014Obituaries
John Fiedorowicz

11-20-2014Obituaries
Marie L. Ebbole

11-20-2014Obituaries
Shirley L. Beyer

11-20-2014Obituaries
Karen J. Becker

11-20-2014Obituaries
Bernard R. Becker

11-20-2014Obituaries
Cleon G. Allard

11-20-2014Obituaries
Palma G. Adams

11-20-2014Obituaries
Loraine E. Stepien

11-20-2014News
Unit 66 Bake Sale is Nov. 20

11-20-2014News
Free Thanksgiving Dinner at St. Mary’s

11-20-2014News
Church Hunter’s Supper Nov. 22

11-20-2014Community - Wausaukee
Wausaukee Travel Club Ireland Trip

11-20-2014Community - Wausaukee
Athelstane Craft Fair Nov. 22

11-20-2014Community - Wausaukee
Wausaukee Elementary School Holds Family Literacy Night

11-20-2014Community - Wausaukee
Legion Auxiliary Unit 66 Bake Sale at Nimrod Nov. 20

11-20-2014Community - Crivitz
NEWCAP Vendor Craft Sale Nov. 22

11-20-2014Community - Crivitz
Loomis Historical Christmas Potluck

11-20-2014Community - Crivitz
Crivitz Blood Drive Dec. 1

11-20-2014Community - Crivitz
LCMC Thanksgiving Service, Dinner

11-20-2014Community - Coleman
Coleman Elementary Students Earn Perfect Attendance

11-20-2014Community - Coleman
Sadie Duckert is Kohl Award Nominee

11-20-2014Community - Coleman
Coleman 5th Grade Honor Roll Listed

11-20-2014Community - Coleman
Village of Pound Approves Budget

11-20-2014Front Page
Town of Peshtigo Tax Is Again 78 Cents Per $1,000

11-20-2014Front Page
Voters To Decide Offices For State, Local, Schools

11-20-2014Front Page
Suit Filed Against District, Damas, Over Cell Phone Use

11-20-2014Front Page
Marinette School Board Approves Salary System

11-20-2014Front Page
EMTs, Staff Trained for Ebola

11-13-2014Sports
Nine Maroons Bring Home All-U.P. Honors

11-13-2014Sports
Bucs Bounce Back From Sluggish Start To Take Care Of Cougars By 19 At Home

11-13-2014Sports
Plenty Of Local Hoops Talent For 2014 Buccaneers

11-13-2014Sports
Maroons Cruise Past Calumet

11-13-2014Obituaries
Harold Zimmerman Jr.

11-13-2014Obituaries
Jeanne M. Vandenbush

11-13-2014Obituaries
William L. “Tap” Tappen

11-13-2014Obituaries
Elenore T. Sladky

11-13-2014Obituaries
Leo L. Skowronek, Sr.

11-13-2014Obituaries
Anna N. Rotter

11-13-2014Obituaries
William F. Nerat

11-13-2014Obituaries
Catherine “Kate” Morois

11-13-2014Obituaries
Lilith J. Lubinski

11-13-2014Obituaries
Sylvia M. Lesperance

11-13-2014Obituaries
Helen Kostrewa

11-13-2014Obituaries
Matthew J. DeLaet

11-13-2014Obituaries
Gary W. Bardin

11-13-2014Obituaries
Bernice M. Anderson

11-13-2014Obituaries
James P. Zimmerman

11-13-2014Obituaries
Davis G. Whittier, Sr.

11-13-2014Obituaries
Roger A. Wendt

11-13-2014Obituaries
Richard M. Schultz

11-13-2014Obituaries
Margaret M. Powalka

11-13-2014Obituaries
Rebecca Ruth List

11-13-2014Obituaries
Sophie Kudelka

11-13-2014Obituaries
Ronald J. Klatt

11-13-2014Obituaries
Emma Jashinsky

11-13-2014Obituaries
Myron D. Janik

11-13-2014
Helen S. Gomske

11-13-2014Obituaries
Stephen Elson

11-13-2014Obituaries
Giles Donlevy

11-13-2014Obituaries
Larry Dausey

11-13-2014Obituaries
Ronald Brazeau

11-13-2014Obituaries
Francis M. Bernardy

11-13-2014Obituaries
Constance M. Adamek

11-13-2014Perspectives
Country Cousin

11-13-2014Perspectives
From our readers

11-13-2014Perspectives
Tales from the old-timer

11-12-2014Community - Wausaukee
Athelstane Craft Fair Is Nov. 22

11-12-2014Community - Wausaukee
First Quarter Honor Roll for Wausaukee Junior/Senior High

11-12-2014Community - Wausaukee
Wausaukee Performing Arts Class Play is Nov. 17, 18

11-12-2014Community - Wausaukee
Benefit Fundraiser For Lori Clow Nov. 15

11-12-2014Community - Crivitz
CAWC Auction at St. Mary Hall

11-12-2014Community - Crivitz
BAMC Welcomes Gauthier to Crivitz Rehab Clinic


space
Peshtigo Times
WEB Poll!
Do you agree with the Darren Wilson grand jury decision in Ferguson, MO?
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
© 2000-2014
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites