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Village of Rib Lake adopts 2025 general fund budget, sets levy at $203,949

Village of Rib Lake Board · November 13, 2024
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Summary

After a brief public hearing Nov. 13, 2024, the Village of Rib Lake board adopted the 2025 general fund budget and approved a tax levy of $203,949; the board recorded proposed revenues of $592,708 and proposed expenditures of $796,657.

Village President Schreiner opened a public hearing at 7:00 p.m. on Nov. 13, 2024 and said there were no changes to the proposed 2025 General Fund Budget since the prior meeting. The hearing closed at 7:01 p.m., and the board voted to adopt the budget and levy.

Trustee Jones moved and Trustee Tesch seconded adoption of the 2025 General Fund Budget and a tax levy of $203,949; the motion carried. The budget documents in the record list proposed revenues of $592,708 and proposed expenditures of $796,657, producing the levy requirement of $203,949.

The budget documents detail revenue lines including intergovernmental revenue ($428,687), public charges for services ($62,000) and other financing sources ($35,486). Expenditure categories in the summary include general government ($166,050), public safety ($209,907), public works ($208,400) and capital outlay ($97,000). The board’s recorded action adopts the summary figures as presented to the public.

No public speakers were recorded as proposing changes during the hearing; the village president stated there were no line-item changes since the last meeting. The board took the formal vote and moved on to other agenda items.