Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Bloomington board sets budget timeline as sewer utility faces 30% projected loss; approves employee wages
Summary
The village finance discussion showed the water utility is projected to net $66,650 while the sewer utility faces a projected 30% loss despite recent rate increases; the board set an approval timeline and, after closed-session deliberations, approved wage increases for village and library employees.
Clerk Michelle Atterbury told the Village of Bloomington board on Oct. 6 that most of the village budget is prepared but wages remain to be finalized. She said the water utility is projected to show a $66,650 net income under the proposed budget, while the sewer utility is projected to have a 30% loss even after the 45% of rate increases adopted across late 2024 and 2025.
Atterbury said the budget must be approved at the Nov. 3 meeting so the village can meet county property-tax calculation schedules and newspaper-publication deadlines; she advised the board to submit the budget to the paper by Oct. 14 for an Oct. 16 publication to meet the 15-day public-notice requirement.
Later in the meeting the board entered closed session under Wisconsin Statute 19.85 to consider employee performance and compensation. After returning to open session, the board voted to increase wages for village and library employees as recommended during the closed session. The motion carried unanimously.
What happens next: the board will finalize wage and wage-related budget entries in advance of the Nov. 3 budget approval meeting and will submit required public notices and county filings on the timeline specified by the clerk.
