Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Local Budget topic
No spam. Unsubscribe anytime.
North Fond du Lac trustees debate 2025 budget, tax levy and capital plan
Summary
Village Board reviewed the 2025 operating and TID budgets, with Administrator Nick Leonard presenting the published proposal and Trustee Mike Will questioning a proposed 3% tax-rate increase amid rising revenues; the board set a public hearing for Nov. 18 and reviewed a two-year CIP that exceeds borrowing targets.
The Village of North Fond du Lac Board of Trustees reviewed the proposed 2025 General Operating, Debt Service, Capital Projects, Spillman Library, Outdoor Recreation, EMS Fund and Tax Increment District #2 budgets at its Nov. 4 meeting.
Administrator Nick Leonard presented the published proposal and told trustees that the majority of the State and Local Fiscal Recovery Funds (SLFRF) have been allocated and the Village expects to contract remaining funds by year end. Leonard also noted a TID #2 line item of about $7,500 for 718 Wisconsin in the presented materials.
Trustee Mike Will, citing higher revenues from the recent closure of TIF #1 and increased assessed values, questioned whether a proposed 3% tax-rate increase was necessary given the revenue gains. President Mike Streetar asked Leonard to continue presenting the proposed budget with the 3% increase and to also prepare a 0% alternative for future comparison. Leonard emphasized that expenses have also increased in recent years and framed the current discussion as the final review before the Nov. 18 public hearing.
The board additionally reviewed the five-year Capital Improvement Plan. Leonard said the two-year portion for 2025–2026 is roughly $400,000 over the board’s two-year borrowing target of $1.6 million, and he noted potential grant opportunities to reduce borrowing; he also gave a timeline for Minnesota Avenue work, saying the contract would be bid in December 2025 with construction planned April–July 2026.
No formal vote on the budget or tax levy was recorded at the meeting; the board scheduled the public hearing on the proposed 2025 budget for Nov. 18, 2024. The discussion closed with trustees asking staff for further refinement and alternatives ahead of that hearing.
