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By Joe Block 

Village of Prairie du Sac begins budget review process for 2019

 

September 6, 2018



The Village of Prairie du Sac Board reviewed began the process of planning for its 2019 budget at its Committee of the Whole on August 28, 2018. The planned audit review had to be postponed to the next meeting due to travel issues with flooding.

The Village’s equalized value is expected to grow by about 2% over the next 10 years, with two 5% bumps in the near future due to the closing of TIF districts. The 2018 equalized value is $390 million.

Debt service will steadily decrease from $1.4 million in 2019, to $112,00 in 2034. The total of all obligations during this period is roughly $13 m...



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