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Rib Lake trustees approve library reimbursement, designate banks and reallocate $119,601 in carry‑over funds
Summary
On Jan. 8, 2025, the Village of Rib Lake Board adopted three resolutions: a $21,451.54 2024 budget amendment to reimburse the public library, designation of Nicolet National Bank and Forward Bank as official depositories, and a $119,601 reallocation of 2025 carry‑over funds; all motions carried.
The Village of Rib Lake Board of Trustees adopted three resolutions at its Jan. 8, 2025 meeting that together adjust last year’s library budget, name the village’s public depositories and reallocate $119,601 in carry‑over funds for 2025.
President Schreiner called the meeting to order at 6:30 p.m. and the board first approved the minutes of the Dec. 11, 2024 meeting. After reviewing the Treasurer’s Report — which listed a combined fund total of $1,778,450.07 and individual balances such as a Tax Account of $241,660.86 and General Fund of $592,599.50 — trustees voted to accept the report.
The board then took up Resolution No. 01/2025, a 2024 budget amendment that adds $21,451.54 in reimbursements from the Rib Lake Public Library and increases Culture & Recreation (Library) expenditures by the same amount. Trustee Budimlija moved adoption and Trustee Jones seconded; the motion carried.
Next, the trustees approved Resolution No. 02/2025 to designate Nicolet National Bank and Forward Bank, both in Medford, as public depositories for village funds under Chapter 34 of the Wisconsin Statutes. The resolution cites Section 66.042 for withdrawal and disbursement procedures and names Kristin Lueck, Clerk, or Deputy Clerk Tammy Mann as authorized signers, with countersignature by Village President William Schreiner. Trustee Buksa moved adoption and Trustee Marschke seconded; the motion carried.
The board then adopted Resolution No. 03/2025, reallocating $119,601.00 in carry‑over funds across multiple budget lines. The resolution directs $65,000 to street projects capital outlay, $19,551 to contingency capital outlay, $10,000 to a street machinery replacement certificate of deposit, $8,550 to the senior center, and smaller amounts to administrative and public works categories. Trustee Jones moved adoption and Trustee Mann seconded; the motion carried.
The board briefly met in closed session under Section 19.85(1)(c) to consider employment matters; a roll call vote moved the board into closed session with all in favor. The board returned to open session and took no motions out of closed session.
Trustee and employee reports noted that the Rib Lake Fish & Game ice fishing contest drew a strong turnout and that the Senior Center discussed re‑upholstering chairs. The meeting was adjourned at 7:53 p.m. by motion of Trustee Tesch, seconded by Trustee Budimlija.
The board did not record roll call vote tallies in the minutes beyond the notation "motion carried" for each adopted resolution. The minutes show the next procedural step is the normal recordkeeping and implementation of the adopted budget adjustments and bank depository designations.
