Menomonee Falls posts roughly $1 million general‑fund surplus for 2024; SAFER reimbursements shift to 2025

Valerie Emert, the Village of Menomonee Falls director of finance and treasurer, told the village board at its Aug. 18 meeting that the village closed fiscal year 2024 with about $1,000,000 in surplus and a year‑end general‑fund balance of about $11,700,000.

The surplus followed a revenue shortfall of roughly $800,000 (about 2 percent under budget) and a mixture of timing differences, Emert said. Reimbursements tied to the federal SAFER firefighter grant were deferred into 2025, a factor that reduced 2024 intergovernmental receipts by about $1.5 million; Emert said the village expects to record those receipts in 2025.

Why this matters: the village uses months of working capital as a core fiscal metric. Emert said Menomonee Falls’ unassigned fund balance stood at about $9,200,000, leaving the village with…