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Consultant presents 2025 draft General Fund; library moved to separate fund

Common Council of the City of Weyauwega · October 28, 2024

Summary

McMahon Associates consultant Lori Gosz presented a draft 2025 General Fund of $1,781,429 and explained that the library will be moved to a separate Library Fund and a Special Revenue Fund was created for the cemetery.

At the Oct. 28 special meeting, Lori Gosz of McMahon Associates reviewed the proposed 2025 General Fund and recommended separating certain activities into distinct funds.

Gosz said the proposed General Fund totals $1,781,429, a 2.9% decrease from the 2024 budget, and noted that the Library should be moved out of the General Fund into a separate Library Fund. The meeting record also shows the establishment of a Special Revenue Fund dedicated to the Cemetery. Council members discussed the splitting of funds and the bookkeeping implications.

The presentation was used to explain levy calculations and to inform the council’s decision on a proposed levy amount. The council approved the levy for publication and set a public hearing for Nov. 18.

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