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By Joe Block 

Prairie du Sac passes 2019 budget, mill rate drops 70 cents

 

December 6, 2018



The Village of Prairie du Sac finalized the budget for next year at Tuesday’s meeting.

The 2018 mill rate (payable 2019) for the village is $6.274 per $1,000 of assessed value. This does not include School Tax Credit, Lottery Credit or First Dollar Credit. The 2018 mill rate is down from $6.972 in 2017.

General revenues are expected to come in at $3.2 million. $1.9 million will come from taxes, with $161,000 coming from fees, and $350,000 from refuse collection. Dent service will total $1.4 million, which comes out to $54 per month on a house worth $225,000. TID revenue is expected to be $670,000, with expenses totaling $496,000.

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 million.

For 2019, the general government expenses are expected to increase by 0.37%. Increases to retirement costs will be offset by health insurance savings, which will also help employees realize saving of up to $200 per month. The Village is also looking at how much to pay election workers, talking to neighboring communities about their salaries.

The public works budget will be $1.06 million, an increase of 0.31%. Village administrator Alan Wildman said public works director Troy Murphy did his best to cut unnecessary expenses. Those savings will be passed along to compensate for increases due to the Sauk Prairie Police Department. Shop supplies will see a 25% reduction because much of the equipment has been replaced recently and maintained well. Although included in the capital project fund, public works expects to purchase a new street sweeper for roughly $250,000, replaced the current 24-year-old model.

The water fund will see increases in depreciations, taxes, and shared interest, but otherwise remain stable with non-operating expenses of $673,000. Operating revenue is expected to be $861,000 with operating expenses at $413,000.

The storm water fund is projected to be 22% lower than last year, with the savings coming from street sweeper costs.

Sanitary sewer net operating income will be about 4% lower than last year, at $103,000.

The electric net operating income will see a 6% increase to $388,000.

The capital projects fund is expected to reach $2.8 million, a 30% increase over last year. The increase is due in part to a $350,000 expense going towards the installation of a screen for the sewer plant. Sauk City is likewise contributing $350,000. $34,000 is slated for the purchase of a new police car. $2.1 million is expected for general projects, including road construction, Included in that amount is the reconstruction of Riverfront Park.

Accordin toe Village administrator Alan Wildman, “The 2019 budget allocates $1,000,000 for the downtown riverfront park and the downtown parking lot. The village has been tentatively awarded $359,805 in grant funding from the DNR and the new TID #6 lists $268,700 for the parking lot portion of the project. Ferry Bluff Eagle Council has pledged $10,000 towards the project. This leaves $361,495 to be funded by the village and other donations.”

The Village plans to spend $1 million on street projects in 2019-20, then roughly $500,000 for the period 2021-23. Storm sewer expenditures will remain around the $200,000 level each year. Sanitary sewer will cost around $20,000 a year, and water service expenditures will range from a high of $280,000 to a low of $90,000. The total need for projects will be $7 million.These expenditures will require bond issues totaling $7 million over the course of 5 years. The Village is currently roughly $10 million below its debt limit, with that growing to $30 million by 2034.Income from property taxes is expected to increase from $1.5 million in 2018 to $2.3 million in 2028. This is a 2.5% increase each year. The property tax rate is projected to remain steady through 2028 at $7.TID #3 is projected to close in 2019, which would be early. Village administrator Alan Wildman explained, “TID #3 is comprised of Water Street in the downtown. TID #3 has been a successful TID that will have sufficient funds on hand in 2019 to meet its financial obligations. Therefore, the discussion was on the possible early termination of TID #3. There are a couple of options that were discussed in regard to the closing. There is one option that allows the balance, after paying obligations, to be retained by the Village for use towards affordable housing. The other option is to disperse the balance, after obligations are met, among the taxing entities.” The TID, created in 1996, is expected to produce $1.8 million in value added improvements.

The 5-year capital improvement plan includes the following projects:

2019: 8th Street and Oak Street reconstruction; Water Street parking lot and park improvements.

2020: 6th, 7th, and 8th Street reconstruction, as well as the Woodland trail project.

2021: 8th Street reconstruction, West Grand Avenue resurfacing, and industrial park resurfacing.

2022: Winnie Avenue and Holly Court reconstruction, and Lueders Road sidewalk.

2023: Galena Street reconstruction.

These projects are expected to cost a total of $11 million.

The ambulance commission is expecting income of $674,000, with expenses within a $100 of the same amount. The commission receives $122,000 in municipal assessments for its services. It serves roughly 15,000 people.

The Prairie du Sac fire department estimates $142,000 in expenses for 2019. The budget has increased by about $12,000 since 2011.

The Sauk Prairie Police Department’s primary budgetary increase next year will come with the hiring of one officer and the addition of a part-time community service officer. The total budget for full-time officer pay will increase 25% to $362,000. Part-time officer pay will increase by 29% due to the hiring of a community service officer.

The department will purchase a new vehicle for a cost of $30,000. The other large capital purchase item is $10,000 to contract with MSA Services for a site evaluation of future building sites.

For the library, a total of $161,000 is expected from Sauk and surrounding counties. The library is expecting $171,000 in revenue and is requesting $333,000 from the Village.

The Village’s plan to reconstruct Oak Street will involve splitting costs with the Village of Sauk City. District administrator Wildman explained, “Actual Design, bidding and construction engineering costs for the project will be shared in proportion to each village’s share of actual construction costs. Each village will be responsible for their share of all actual construction costs associated with the project within their respective municipal limits.”

 
 

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