The Village of Ashwaubenon Finance and Personnel Committee on May 30 accepted the April 2025 year‑to‑date financial reports, and staff outlined timing issues that make year‑to‑date figures appear skewed early in the fiscal year.

Greg, a village finance staff member, told the committee general fund revenues and expenditures are ‘‘pretty much on plan’’ through April and that the village will have a clearer picture after summer activity and final tax settlements. "Early in the year, once summer gets through that's when we really have a better feel," he said.

Why it matters: Committee members noted that most property tax revenue and a large share of state aids arrive in the mid‑year months, so year‑to‑date comparisons in April understate incoming revenue. Staff said the village has sufficient reserves to manage cash flow until tax settlements and state payments are received.

Two near‑term items drew particular attention. First, staff reported they submitted a Wisconsin Economic Development Corporation (WEDC) reimbursement request for expenses related to a downtown draft project; if awarded, those funds would reimburse expenditures that had been temporarily covered from the Village Building Fund. Second, staff noted that state budget work at the capitol could produce additional reimbursement opportunities for draft expenses even if the WEDC application is unsuccessful.

On the expenditure side, staff said payroll and other fixed costs create steady outflows early in the year; parks, recreation and street maintenance costs rise with summer operations and will provide a fuller picture after the season. Committee members asked whether previously allocated draft funds were sufficient; staff said expenses to date were within plan and that there may be approximately $20,000 less expense than anticipated, potentially allowing reallocation if reimbursements arrive.

Action taken: The committee moved, seconded and accepted the April 2025 year‑to‑date financial reports on a voice vote.

Next steps: If the WEDC reimbursement is awarded, staff will return to the committee and board with a resolution to reallocate reimbursed funds back to original accounts; staff will also continue to monitor state budget developments for additional reimbursement opportunities.