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Rusk County finance committee reviews 2025 budget, levy and debt plans

2979566 · March 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance staff presented an unaudited 2025 budget summary showing a proposed tax rate of $5.46, a levy of $10,208,265, $6 million in general-obligation borrowing for highway projects and a $500,000 short-term borrowing for out-of-home placements; the committee discussed debt, fund balances and the blacktop plant.

Rusk County finance staff presented an unaudited summary of the county's 2025 budget, outlining a proposed tax rate of $5.46 and a proposed tax levy of $10,208,265. The presentation traced the levy increase primarily to a $6,000,000 general-obligation borrowing the county authorized in 2024 for highway projects and to higher projected expenditures in Health and Human Services (HHS) and the sheriff's office.

The report explained how Wisconsin's equalized value and net new construction figures feed into levy limits, and why certain items can be levied above the county's levy limit (debt service, bridge aid, libraries and ambulance service). Finance staff said allowable levy for 2025 (before items that go…

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