Projected increase in building improvements expenditures for 2023.

Builing improvements $ 95,000

2023 transfer for 2021A equipment bonds.

The expenditures in the equipment fund for 2023 include the final payment on the fire tanker - $40,500, fire radios - $15,000, fire turnout gear - $22,500 and $93,850 transfer for the 2021A equipment bonds.

2023 principal and interest payments for equipment replacement fund debt.

This requires principal and interest payments in 2023 of $93,850.

Budgeted interest expense for Equipment Replacement in 2023.

Interest Expense - - 11,964 6,920 93,850 86,930 100.00%

general_fund_total_revenue_change

Total proposed change in general fund revenues. Bucket: General fund total revenue change

Total projected increase in general fund revenues for 2023.

$ 93,415

FIN-14

Staff said the Xenon Street culvert replacement costs ranged from $50,000 to $93,000 depending on culvert style. Bucket: Xenon Street culvert replacement high estimate

Estimated upper-end cost for Xenon Street culvert replacement.

h) Update regarding the culvert on Xenon Street - Multiple bids have been received. The existing culvert has been there over 30 years and has deteriorated dramatically. The bids include replacing it with another steel culvert or with a concrete culvert. There is money in the budget for this repair and the costs range from $50,000 to $93,000 depending on the style of culvert. Staff is working on the pros and cons along with finding out if two culverts would be considered a "bridge" therefore, possibly eligible for county grants. More to come.

Estimated maximum cost for Xenon Street culvert replacement.

The existing culvert has been there over 30 years and has deteriorated dramatically. The bids include replacing it with another steel culvert or with a concrete culvert. There is money in the budget for this repair and the costs range from $50,000 to $93,000 depending on the style of culvert.

Sun Land Acres, 2nd addition road work

Proposed 2023 road improvement project line item. Bucket: Sun Land Acres, 2nd addition

Estimated 2023 cost for Sun Land Acres 2nd Addition (Tiger Street) bituminous overlay.

<td>Estimated Cost</td> <td></td> <td>$ 92,750</td> <td></td> <td></td> <td></td> <td>$ 92,750</td>

November 2023 gross profit from lawful gambling at Northwoods Bar & Grill.

A. Gross Profit (Line 11C) $ 83,013.05 91,074.00 $ 83,882.60 $ 257,969.65

2023 actual gross pay for Natalie Johnson (Box 3 of W-2).

Natalie Johnson Deputy Clerk $ 30.00 $36 to stay longer. Made FT Employee- (added vacation) dropped to $34 $ 35.00 $ 87,089.31 $ 72,800.00 $ 1.23 $ 36.23 $ 1.27 $ 37.50

Estimated dollar change in interest expense from 2022 budget to 2023 budget.

Interest Expense - - 11,964 6,920 93,850 86,930 100.00%

Unspent bond proceeds from 2019A General Obligation Special Assessments Bond.

Discussion - the city has collected prepaid special assessments and has $85,900 in unspent bond proceeds; therefore, the city does not require a debt service levy for 2019A bond issue in 2023.

Unspent bond proceeds from 2019A General Obligation Special Assessments Bond.

Discussion - the city has collected prepaid special assessments and has $85,900 in unspent bond proceeds; therefore, the city does not require a debt service levy for 2019A bond issue in 2023.

2023 year-to-date planning & zoning fee revenue.

Planning & Zoning Fees 105,000 84,007 80.01%

December 2023 gross profit from lawful gambling at Northwoods Bar & Grill.

A. Gross Profit (Line 11C) $ 83,013.05 91,074.00 $ 83,882.60 $ 257,969.65

Total Q4 2023 gambling taxes paid from lawful gambling at Northwoods Bar & Grill.

B. Less Gambling Taxes Paid $ 26,630.27 $ 30,577.23 $ 26,373.62 $ 83,581.12

October 2023 gross profit from lawful gambling at Northwoods Bar & Grill.

A. Gross Profit (Line 11C) $ 83,013.05

Legal budget

Proposed 2023 legal budget line item. Bucket: Legal

2023 budgeted Legal expenditures.

Legal 83,000 79,108 95.31%

2023 budgeted legal expenditures.

Legal 83,000 53,833 64.86%

Cost for 50 LF of 96" class 2 reinforced concrete pipe & pipe restraints (One-Call Contracting, Inc. RCP option).

Provide, Import & Install 50 LF of 96" class 2 reinforced concrete pipe & pipe restraints. Note - No flared end aprons are currently anticipated or included. $81,361.00

2023 benefits budget total

Total 2023 budget for benefits shown in the packet. Bucket: Employee benefits budget comparison

2023 total budget for employee benefits (all departments).

<tr> <td></td> <td>$ 80,300.00</td> </tr>

Principal payment on bond in 2023.

Principal on Bond 80,000

Fire contract

Proposed 2023 fire contract line item. Bucket: Fire contract

2023 year-to-date Legal expenditures.

Legal 83,000 79,108 95.31%

2023 year-to-date Accounting/Assessing expenditures.

Accounting/Assessing 59,550 78,659 132.09%

Recycling intergovernmental support

Proposed 2023 Recycling intergovernmental revenue. Bucket: Recycling intergovernmental revenue

Total budgeted capital expenditures for 2023 (sum of portable radios, turnout gear, balance of tanker).

Portable Radios ... Turnout Gear ... Balance of Tanker ... <td>78,000</td>

2023 projected recycling center revenues.

Total revenues for recycling are $77,360 which are derived from fees for recycling from the county. This is an increase in revenues of $27,385.

Increase in sheriff contract cost compared to 2022.

Sheriff Contract is up $76,000

Increase in sheriff contract cost over 2022.

Professional services are down ($122,000) and the Sheriff contract increased $76,000.

Increase in sheriff contract cost over 2022.

Sheriff contract increased $76,000 while Fire expenditures are down ($35,000) as of September.

Checking account balance

Pine River State Bank checking account balance as of October 31, 2023. Bucket: Treasurer's Report

Balance in Pine River State Bank checking account as of October 31, 2023.

10/31/2023 Pine River State Bank Checking Acct. $75,821.46

council_chamber_improvement

Proposed 2023 building improvement item for council chamber improvement. Bucket: Council chamber improvement

F3_historic_town_hall_2023_amount

Portion of the 2023 Building Improvement Fund transfer designated for the Historic Town Hall. Bucket: Historic Town Hall

Council Chamber improvement

Proposed 2023 building improvement project. Bucket: Council Chamber Improvement

Council chamber improvements dedicated amount

Amount dedicated in 2023 for council chamber improvements. Bucket: Building Capital Improvements

Funds allocated for Historic Town Hall improvements.

$135,000 was transferred to this fund in 2023. $75,000 was for the Historic Town Hall. Some improvements were made, including cleaning the basement of mold, sealing and painting.

2023 budgeted transfers out from the general fund.

Transfers Out (75,000) (37,500) 50.00%

2023 budgeted capital outlay for council chamber building improvements.

Building Fund - A new well is budgeted in 2023 at $175,000. There is also $75,000 budgeted for improvements to the council chamber building.

2023 budgeted improvements for Council meeting area.

Building Fund - Improvements for the Council meeting area are budgeted in 2023 at $75,000.

2023 budgeted capital outlay for Council Chamber Improvement.

Council Chamber Improvement $ 75,000

Transfer to Capital Fund for 2023.

CAPITAL FUND 35,000 75,000

2023 actual gross pay for Joe Glaze (Box 3 of W-2).

Joe Glaze PW Supervisor $ 31.66 $ 32.61 $ 34.66 $ 74,673.48 $ 72,092.80 $ 1.21 $ 35.87 $ 0.13 $ 36.00

2023 proposed debt service interest and fees.

<td>Debt Service - Interest &amp; Fees</td> <td>74,338</td>