2020 Town of Ledgeview Annual Report April 20, 2021

2020 Town of Ledgeview

Annual Report

April 20, 2021

Dear Ledgeview Residents:

We are pleased to present to you the 2020 Ledgeview Annual

Report. Ledgeview continues to be a strong, financially sound

municipal government.

Ledgeview is committed to providing the highest quality and cost-

efficient services to the citizens of our community. Your Town Board

and Staff utilize professional and cost effective management to meet

the highest standards of local government performance and

accountability. While proud of our accomplishments, we are

continually working to sustain and improve the quality of life for both

our current and future residents. The coming year will be focused on

economic development in the Town’s TIF districts and in the Town as a

whole. Great communities do not grow by accident or without public

debate and agreed-upon guidelines. We will continue to work towards

the prioritization of our physical, human and financial resources to

provide the necessary public infrastructure and amenities needed to

maintain a high quality of life.

Throughout this document you will find highlights from the past year as

well as a glimpse of what the view will be for 2021. We hope you will

join us as we continue to “Set Our Sights High”.

Sincerely,

The Ledgeview Town Board

-2-

Town of Ledgeview Vision Statement:

The Town of Ledgeview, a growing community located along the Niagara Escarpment, Fox River and I-43 Corridor, will provide comfortable living for established residents, families and professionals. Attracted by the natural beauty and city services in a country atmosphere, Ledgeview will have housing growth that compliments the natural amenities of the Town. Linked to the residential areas, its business corridors will have a clear identity, provide unique shopping and dining experiences and enhance the workforce opportunities for the area. The Town of Ledgeview will be a place where residents and businesses - set their sights high.

The Town of Ledgeview’s Role (Mission Statement):

The Town of Ledgeview is a policy making, governmental organization that plans and invests for orderly and appropriate community development while promoting opportunities and protecting its citizens, businesses and natural and cultural amenities. The Town participates and encourages an open and engaging discussion on community issues with its citizens, businesses and other governmental entities and stakeholders.

-3-

About LedgeviewGeneral

Form of Government: Chairperson + 4 Supervisors

Area in Square Miles: 17.23 Population: 8,444 (2020 Final) Full-Time Employees: 12 Part-Time Employees: 2 (+ election/committee members)

Assessed Valuation (TID in): $1,002,936,500

Equalized Valuation (TID in): $1,113,577,200

Tax Ratio Assessed/Equalized: 90.06%

Public Safety Fire Protection: Volunteer/ Paid Per Call

Number of Fire Stations: 2 Firefighter Members: 41 ISO Rating: Class 4/8B Rescue Service: City of De Pere & County Rescue

Police Protection: Brown County Sherriff’s Dept.

Community Recreation Town Parks: Ledgeview (47.3 acres), Scray Hill (27.7), Zelten (14.3), Two Dollar (2.5)

County Parks: Fonferek Glen (75.3) Ledgeivew Golf Course (123.5) 18-Hole

Infrastructure Miles of County Highway System: 18.47

Miles of Local Roads and Streets: 62.03 (124.06 lane miles)

Miles of Water Main: 64.06 Miles of Sewer Main: 58.02

Debt Rating General obligation debt of both Town and Sanitary District are currently rated “AA” by Standard & Poors (2020)

2020 Town Equalized Value by Classification

Equalized Value % of Total Residential $ 908,280,200 81.56% Commercial 154,619,300 13.88% Manufacturing 28,830,600 2.59% Agricultural 734,900 0.07% Undeveloped 1,822,100 0.16% Agricultural Forest 1,740,000 0.15% Forest 1,272,000 0.11% Other 5,783,000 0.52% Personal Property 10,495,100 0.96% TOTAL $ 1,113,577,200 100.00%

Housing Statistics

Ledgeview Brown Co. 2019 per capita income

$53,333 $32,874 2019 median household income

$95,938 $62,340 2019 median gross rent

$ 881 $ 795 2019 median value- owner occupied

$293,600 $196,100 2019 median age

36 38

Wisconsin United States 2019 per capita income

$35,672 $66,080 2019 median household income

$64,168 $65,712 Source: US Census, American Community Survey

-4-

2020 Ledgeview By the Numbers

Values

2019 2020

Equalized Value $1,037,503,900 $1,113,577,200

Assessed Value $955,915,300 $1,002,936,500

2020

Population

8444

67 New Single Family

Homes

Permitted Multi-family Buildings

3 6-unit

1 9-unit

1 12-unit

1 14-unit

Town Tax Rate: $3.25/ $1,000 of Value

Sanitary District Tax Rate:

.373/ $1,000 of Value

310 New Residents Moved to

Ledgeview in 2020

-3-5---5-

Community Development

2020 Accomplishments • Considered multiple TID funding requests;• Reviewed 5 subdivision plats, 11 CSMs, 11 rezones,

2 conditional use permits;• Analyzed Building Inspection and Zoning

Administration needs of the Town;

2021 Goals • Update Ledgeview Golf Course and Fire Station

#2 signs to promote community unity and a senseof place;

• Continue to entertain and promote economicdevelopment opportunities related to TID #1;

• Continue placement of demarcation stones andsignage to identify public lands;

• Welcome new staff person to the ZoningAdministrator position;

• Consider the creation of a TID #3 in theLedgeview Business Park at I-43 and CTH MM;

• Continue to improve and streamline developerproject approval process;

• Enhance public information relating to zoningand land use via the Interactive ZoningApplication;

Commission/ Committee Zoning & Planning Commission

Jane Tenor, Chairperson Mark Handeland, Vice Chair Mark Chambers, Citizen Chet Lamers, Citizen Taurino Garcia, Citizen Kris Baran, Citizen Renee Van Rossum, Town Board Member Chris Culotta, Alternate Jenell Holstead, Alternate

Zoning Board of Appeals Andy Schlag, Chairperson Steve Rohr, Citizen Mark Danen, Town Board Member

Redevelopment Authority Ron Van Straten, Chairperson Tim Beno, Citizen Greg Runnoe, Citizen Carl Thiem, Citizen Lora Matzke, Citizen Tim Kuehn, Citizen Phil Danen, Town Board Member

-6-

General Government

2020 Accomplishments • Conducted 4 successful elections;• Was awarded the GFOA Distinguished Budget

Presentation Award for the 2020 Annual Budget;• Acquired IT assets with State R2R funds to

facilitate virtual work options;• Continue with implementation of 2018 Strategic

Plan;

2021 Goals • Update Town and District financial policies;• Expand budget and capital improvement

forecasting;• Create Standard Operating Procedures for all

Town operations;• Facilitate continued staff development and

employee engagement• Full redesign and update of the Town’s website

and e-newsletter;• Continue to develop the Town’s social media

presence;• Digitalization of Town records;

Pollworkers Patty Albers, Charlotte Bero, Marge Brick, Kathy Castelaz, Vince Cisler, Tim Doemel, Tom Eifler, Shirley Fox, Elaine Green, Mark Handeland, Mary Handrick, Nancy Harvey, Colleen Hock, Patricia Jansen, Meredith King, Elaine LeDuc, Jim Lemke, Mary Lemke, Amy Morrow, Judy Naze, Melinda Owens, Mary Perry, Neil Pipkorn, Patricia Pipkorn, Connie Schuler, Judy Tegen, Judy Voss, Bob Voss, Dan Wellens and John Williams.

Town Board Philip J. Danen, Chairperson

Al Cheslock, Supervisor Mark Danen, Supervisor Cullen Peltier, Supervisor Renee Van Rossum, Supervisor

Personnel & Finance Committee Tina Peltier, Chairperson Tim Beno, Citizen Member Joe Schlag, Citizen Member Al Cheslock, Town Board Member

Staff Sarah Burdette, Administrator Char Nagel, Clerk Renae Peters, Treasurer Tim Reckelberg, Deputy Treasurer Lisa Bartz, Administrative Assistant

-7-

Parks & Recreation

2020 Accomplishments • Added 7.8 acres of conservancy;• Park entrance signage is installed at Zelten Family

Park;• Four square and pickleball court lines are painted

at Two Dollar Park;• Fox Wolf Watershed Alliance holds East River

clean up event at Ledgeview Park;• Town completes Ledgeview Loops signage

installation with Dairy Aire and Money Makerloops;

• The Town signs Recreational Agreement with theEagle Bluff Condo Association regarding futurepark space;

• Town receives and plants 19 trees through thePackers’ First Downs for Trees Program;

• Town receives a $5,000 grant from the ATCPollinator Grant program to plant a pollinatorhabitat at Ledgeview Park;

• Town receives $5,000 grant through the WI DNRUrban Forestry Start-Up Grant program for acomprehensive street and public tree inventory.

2021 Goals • Complete and present a Tree Ordinance to the

Town Board;• Obtain Tree City USA status;• Develop partnership with a conservation group

to identify and create a plan to acquire additionallands to close the gap between current andrecommended passive recreation acreage;

• Continue development of new Town parks,specifically in the Eagle Bluff and Grande Ridgeneighborhoods;

• Progress toward a Public Arts and Entertainmentprogram.

Committees Stephanie Schlag, Park & Rec Director

Park & Recreation Committee

Jason Shanda, Chairperson Nicole Van Helden, Secretary Dave Purnell, Citizen Member Rod Kowalczyk, Citizen Member Cullen Peltier, Town Board Member

Beautification Sub-committee

Nicole Van Helden, Chairperson Anna Burtschi, Citizen Member Jill Gerwig, Citizen Member

-8-

Public Safety

2020 Accomplishments • Used Emergency Reporting software to track fire

department data;• Recruited three new members;• Outfitted Engine 1811 with new laptop;• Completed semi-annual fire inspections of all

commercial locations within the Town;• Reduced per call response time by 1:36 minutes;

2021 Goals • Continue to train personnel on Emergency

Reporting software;• Continue to recruit new members to grow

staffing levels;• Work with outside consultant on Fire Department

Study to examine future public safety needs;• Train personnel to be proficient with water

rescue equipment;• Explore creation of honor guard for non-active

members who still wish to volunteer;

Building Inspection Building Inspection services are another way the Town keeps its residents safe. By issuing permits, the Town ensures contractors abide by the Universal Dwelling Code to deliver strong and secure buildings and homes, decks and pools. The Town contracts with Dave Enigl of eServices,LLC for building permit and inspection services. Over $39,000,000 in permits were issued in 2020 including 67 new single-family homes, 2 duplexes, 6 multi-family buildings and 11 commercial permits.

Volunteer Members Todd Hendricks, Chief

Jon Baroun Jeremy Belter Jason Benzschawel Damien Bott Tim Danen Randy Edinger, Asst. Chief Tony Engebos Tom Gajeski Jake Guns Mason Guns Tom Guns Aaaron Healy Heather Healy Dennis Kaster Dan Kerkhoff Brian Kiehnau Ryan Lemke Blake Lepel Joey Lotto Dave Maternoski Justin Matzke Mark Nemetz Jay Nowak Glen Pansier Jason Pansier Roy Pansier Brady Piontek Joey Rukamp Andy Schlag Zack Sheikh Bill Smits Ken Thompson Nick Thompson Mike Van Deurzen Pat Van Rite

LOSAP Committee Dan Kerkhoff, Chairperson Andy Schlag Mark Nemetz Dennis Pansier Mark Danen, Town Board Member

-9-

Public Works

2020 Accomplishments • Completed 5.25 miles of gravel shouldering on

select roadways throughout the Town;• Complete winter snow removal of 6 miles of

sidewalk and trails throughout the Town;• Inspected all sidewalks for needed repairs;• Placed 16 tons of cold patch repairing potholes

on Town roads;• Patched Town roadways using 10 tons of hot mix;• Outfitted and placed new fleet pick-up truck into

service;

2021 Goals • Purchase and modify trailer to hold signs and

barricades for road closures;• Complete hot mix asphalt patches on Town

roads;• Complete sidewalk inspection and repair

throughout Town;• Develop a comprehensive road maintenance plan

after completing 2021 PASER ratings;• Switch to in-house rather than contracted

Christmas decoration and banner installs;• Maintain high quality work caliber in all task

accomplishments;

Staff Greg Potts, Public Works Director

Andy Tenor, Operations Superintendent

JR Lacy, Crew Member II Keven Tadeyeske, Crew Member II Cole Hendricks, Crew Member I Clayton Cohen, Crew Member I

-10-

Utilities 2020 Accomplishments

• Installed 61 new meters;• Flushed 100% (597) of hydrants, repaired 7 leaking

hydrants, replaced 2 hydrants;• Exercised 928 valves, repaired 18 valves, replaced

1 valve;• Repaired water main break on Trumpeter Trail;• Contracted with L.C. United to sandblast and

paint the elevated tower; the tower also receivedthe Town logo;• Rebuilt 6 PRV stations and installed 3 extensions

per WI-DNR requirements;• Inspected 767 sanitary sewer manholes, adjustedor sealed 6 manholes;• Televised and jetted 54,000 feet of sewer main;• Repaired 3 leaking sewer laterals;• Inspected 186 culverts, replacing 1, repairing 15;• Completed ditching projects on Limestone Trl,Scray Hill Rd, Dollar Rd, Meadow Sound Dr,Swanstone Cr & Pine Grove Rd;• Inspected 54 stormwater ponds, removed brushfrom 27 ponds, dredged Winding Water pond;

2021 Goals • Complete leak detection in 50% of the District’swater system;• Complete PRV station hatch extensions asrequired by the WI-DNR;• Repair 10 sanitary sewer manhole adjustments in-house;• Clean and televise 1/5th of the District’s sewermain and complete any repairs;• Repair 10 stormwater catch basins in-house;• Clean and sweep the Town’s portion of the EastRiver Trail to reduce sediment/ trash runoff;

Sanitary District Commission Ken Geurts, President

Dennis Watermolen, Commissioner Luann Pansier, Commissioner

Staff Renae Peters, Clerk/Treasurer Greg Potts, Public Works Director Andy Tenor, Water Operator

Scott Brosteau, Engineer- Mead & Hunt, Inc.

The Ledgeview Sanitary District #2 provides water and sanitary sewer service utilities while the Town of Ledgeview provides stormwater service.

-11-

Project Spotlight

Scray Hill Rd. Urbanization & SH/BC/G Roundabout

Scray Hill Rd. looking north from Trinity Ridge Cr.

The Scray Hill Road urbanization project occurred in 2020. The project included widening the road and shaving down the steepness of the hill and curve on the southern end. The Town also installed sidewalks on west side of the road from the north terminus to Trinity Ridge Agrihood and on the east side of the road from the north terminus to Scray Hill Park. The sidewalk is an important piece of connectivity between Scray Hill Park and subdivisions such as Spring Hills, Augusta Hills, Red Hawk Landing and the future Mystery Ridge. Scray Hill Rd. has a view like no other and a challenging hill climb for adventurous residents.

-12-

In addition to the urbanization project, the Town constructed a roundabout at the intersection of Scray Hill Rd., Bower Creek Rd. and CTH G. The roundabout serves to slow traffic in the area making the intersection more pedestrian friendly.

Roundabout at Scray Hill Rd/ CTH G/ Bower Creek Rd

Bower Creek Rd.

The Town of Ledgeview also reconstructed and urbanized a portion of Bower Creek Rd. from CTH G to the Red Hawk Landing subdivision (see photo on next page). The project widened the road, replaced aging and broken culverts and added sidewalks, continuing the connectivity from Scray Hill Park. Bower Creek Rd. is now home to a lovely sweeping curve and picturesque outdoor activity opportunity.

The Town is excited to present these projects for use by its residents for safer traveling and outdoor recreation!

-13-

Bower Creek Rd looking north near Ledgeview Golf Course

Capital Improvement Additions The Town also invested in other capital items and projects including:

• Lenovo ThinkPad laptops (purchased with R2R funds)• Quadient folder/ inserter office equipment (purchased with R2R funds)• Barracuda back-up (purchased with R2R funds)• Kleenmark backpack sprayer (purchased with R2R funds)• 2020 Chevrolet Silverado crew pick up• Sweeper and grapple bucket for the Toolkat• Stihl weedeater and pole pruner• Brite line striper for athletic fields• Fiber optic line locator• Construction of Mulva Fields at Scray Hill Park

-14-

Financial Highlights

The Town of Ledgeview Town Board offers our readers this basic summary of the financial activities of the Town for the fiscal year ended December 31, 2020. A full report, drafted by the certified public accounting firm of CliftonLarsenAllen, LLP, is available upon request.

The assets and deferred outflows of resources of the Town of Ledgeview exceeded its liabilities and deferred inflows of resources as of December 31, 2020 by $5,749,335 (net position).

The government’s total net position decreased by $2,834,109. This was caused by a higher payables balance due to end of year developer project pay requests.

As of December 31, 2020, the Town’s governmental funds reported combined ending fund balances of $11,763,376. Approximately 3% of this total amount, $399,185, is available for spending at the Town’s discretion in the general fund (unassigned fund balance).

At the end of the current fiscal year, unassigned fund balance for the General Fund was $399,185, or 12% of total general fund expenditures and transfers out for the fiscal year. The Town’s fund balance has fallen below the 25% of expenditures the Town’s policy requires.

The Town of Ledgeview’s general obligation debt increased by $2,147,059. The increase was due to a combination planned annual payments and the addition of the 2020 $4,000,000 Note.

PARK IMPACT FEE COLLECTION SUMMARY

Beginning Balance 01/01/2020 $ 164,038

2020 Collections 115,126 2020 Interest on Investments 31 2020 Expenditures 0

Balance on 12/31/2020 $ 279,195

TRANSPORTATION IMPACT FEE COLLECTION SUMMARY

Beginning Balance 01/01/2020 $ 92,054

2020 Collections 31,141 2020 Expenditures 0

Balance on 12/31/2020 $ 123,195

-15-

ASSETS

Cash and Investments Receivables

Taxes and Special Charges Delinquent Taxes Accounts Special Assessments Other

Due from Other Governments Prepaid Items Interceptor Capacity Restricted Assets

Cash and Investments Net Pension Asset Capital Assets, Nondepreciable Capital Assets, Depreciable

Total Assets

TOWN OF LEDGEVIEW

BROWN COUNTY, WISCONSIN

ST A TEMENT OF NET POSITION

DECEMBER 31, 2020

DEFERRED OUTFLOWS OF RESOURCES

Pension Related Amounts

LIABILITIES

Accounts Payable Due to Other Governments Accrued Interest Payable Special Deposits Long-Term Obligations

Due Within One Year Due in More Than One Year

Total Liabilities

DEFERRED INFLOWS OF RESOURCES

Property Taxes Levied for Subsequent Year Pension Related Amounts

Total Deferred Inflows of Resources

NET POSITION

Net Investment in Capital Assets Restricted Unrestricted

Total Net Position

Component Unit Governmental Sanitary

Activities District No. 2

$ 5,966,931 $ 3,031,803

4,521,463 310

259,376 458,232 660,240 3,407,460

4,426 2,563 1,254,806

13,304 501,747

1,115,435 78,236 40,366

7,320,128 96,473 31,867,098 34,349,006 50,689,649 44,259,754

190,960 95,106

1,188,073 343,418 198,474

191,685 7,887 99,700

14,169,562 360,583 24,727,978 3,315,524 40,376,998 4,225,886

4,519,089 235,187 121,347

4,754,276 121,347

8,069,420 30,743,477 376,092 1,147,914

{2,696,177) 8,116,236

$ 5,749,335 $ 40,007,627

-16-

Governmental Funds

The Town of Ledgeview, like all other governmental entities in Wisconsin, uses fund accounting to ensure and reflect compliance (or non-compliance) with finance-related legal requirements, such as the State of Wisconsin Statutes or the Town’s budget ordinance. Each fund is considered to be a separate accounting entity, providing a separate set of self-balancing accounts, which constitute its assets, liabilities, net asset/fund equity, revenues, and expenditure/expenses. Ledgeview reports the following funds:

Major Funds – Funds that account for regular government activities: General Fund – the general fund also oversees several related “minor” funds including Fire Department, Parks & Recreation, Park Impact Fees and Beautification. Debt Service Fund Developer Fund Capital Projects Facilities TID #1 & TID #2

Special Revenue Funds – Used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes:

Golf Course

Proprietary or Enterprise Fund – Used to account for municipal services for which a fee is charged Stormwater Fund Water Fund Sewer Fund Garbage & Recycling

The Town defines “fund balance” as the difference between assets and liabilities in the governmental funds. The fund balance of governmental funds is reported in various categories based on the nature of any limitations requiring the use of resources for specific purposes. The categories are listed below with the 2020 balances:

Non-Spendable – Funds not available for spending, such as: Prepaid funds for following year $ 13,304

Restricted – Funds that are mandated for a specific purpose by external parties or legislation: Debt Retirement, Impact Fees, County Bridge Fund 2,346,679

Committed – Funds set aside by Town Board action, ordinance or resolution: 2,365,888

Assigned – Funds set aside by more informal plan with the intent for a specific purpose: Balances in most funds, other than the general fund unless specified 324,454

Unassigned – General Fund only: Excess funds that have not been classified in the previous four categories (93,240)

TOTAL FUND BALANCE end of 2020 -------------------------------------------------------------------------------------------------$4,957,085

-17-

TOWN OF LEDGEVIEW


BALANCE SHEET

GOVERNMENTAL FUNDS

DECEMBER 31, 2020 (WITH SUMMARIZED FINANCIAL INFORMATION AS OF DECEMBER 31, 2019

Tax Capital Incremental

General lmerovements District #1 ASSETS

Cash and Investments $ 298,903 $ 1,405,418 $ 739,056 Receivables

Taxes and Special Charges 2,449,797 380,134 Delinquent Taxes 310 Accounts 5,356 1,399 Special Assessments

Due from Other Funds 339,189 Due from Other Governments Prepaid Items 12,629

Total Assets 1 3,106,184 1 1,406,817 1 1,119,190

LIABILITIES, DEFERRED INFLOWS OF

RESOURCE�AND FUND BALANCES

LIABILITIES

Accounts Payable $ 145,407 $ 237,208 $ 319,615 Due to Other Funds Special Deposits 91,040

Total Liabilities 236,447 237,208 319,615


Property Taxes and Special Charges Levied for Subsequent Year 2,447,423 380,134

Special Assessments Total Deferred Inflows of Resources 2,447,423 380,134

FUND BALANCES

Nonspendable 12,629 Restricted 1,169,609 419,441 Committed Assigned 10,500 Unassigned (Deficit) 399,185

Total Fund Balances 422,314 1,169,609 419,441

Total Liabilities, Deferred Inflows of Resources, and Fund Balances $ 3 106 184 1 1,406,817 $ 1 119 190

Debt Service

$ 2,365,888

1,577

660,240

1 3,027,705

$

1,577 660,240 661,817

2,365,888

2,365,888

$ 3 027 705

-18-

TOWN OF LEDGEVIEW BROWN COUNTY, WISCONSIN

BALANCE SHEET (CONTINUED) GOVERNMENTAL FUNDS

DECEMBER 31, 2020 (WITH SUMMARIZED FINANCIAL INFORMATION AS OF DECEMBER 31, 2019

Other Governmental

Funds Total 2019 ASSETS

Cash and Investments $ 1,157,666 $ 5,966,931 $ 8,925,723 Receivables

Taxes and Special Charges 1,689,955 4,521,463 3,890,762 Delinquent Taxes 310 496 Accounts 252,621 259,376 676,335 Special Assessments 660,240 1,665,345

Due from Other Funds 339,189 Due from Other Governments 2,563 2,563 2,192 Prepaid Items 675 13,304 9,385

Total Assets $ 3,103,480 $ 11.763,376 $ 15,170.238

LIABILITIES, DEFERRED INFLOWS OF

RESOURCES, AND FUND BALANCES

LIABILITIES

Accounts Payable $ 485,843 $ 1,188,073 $ 481,647 Due to Other Funds 339,189 339,189 Special Deposits 8,660 99,700 93,700

Total Liabilities 833,692 1,626,962 575,347


Property Taxes and Special Charges Levied for Subsequent Year 1,689,955 4,519,089 3,885,762

Special Assessments 660,240 1,665,345 Total Deferred Inflows of Resources 1,689,955 5,179,329 5,551,107

FUND BALANCES

Nonspendable 675 13,304 9,385 Restricted 757,629 2,346,679 5,685,391

Committed 2,365,888 1,563,596

Assigned 313,954 324,454 1,310,059

Unassigned (Deficit) (492,425) {93,240) 475,353 Total Fund Balances 579,833 4,957,085 9,043,784

Total Liabilities, Deferred Inflows of Resources, and Fund Balances $ 3,103,480 $ 11 763 376 $ 15,170.238

-19-

Expenditures

Total Expenditures: $16,308,861 Note: Town Wages and Benefits total: $688,828 (4% of total Town Expenditures) and are contained in nearly all of the above expenditure categories. Town Wages and Benefits include wages for Town employees, committee stipends, Fire Department members and Town Board/Elected officials.

$840,708 $598,124

$2,017,958

$1,302

$253,946

$137,881

$3,069,258 $9,389,684

2020 Expenditures

General Government-5%

Public Safety-4%

Public Works-12%

Health & Human Services

Culture, Recreation & Education-2%

Conservation & Development-1%

Debt Service-19%

Capital Outlay-56%

Category Details General Government, $840,708: This function includes the expenditures incurred by the governing body to carry out the statutory duties of running the municipality.

Public Safety, $598,124: This function includes the expenditures related to operating the law enforcement, fire, ambulance, first responders, inspection and emergency government activities.

Public Works, $2,017,958: This group of activities includes expenditures related to transportation and sanitation.

Health & Human Services, $1,302: This function includes the protection of public health; and furnishing public assistance, institutional care, or economic assistance to needy residents.

Culture, Recreation & Education, $253,946: This group of activities includes expenditures for cultural, recreational and educational purposes. It also includes contributions to others for providing these services.

Conservation & Development, $137,881: This group of activities includes expenditures for resource conservation, environmental protection, administration of planning policies and zoning, public housing projects, urban development, and economic development.

Debt Service, $3,069,258: Includes principal and interest on general obligation bonds, long-term notes, land contracts, installment purchases, etc. except those maturities financed by proprietary fund types.

Capital Outlay, $9,389,684: Includes the acquisition of, or addition to, fixed assets such as trucks and other equipment; land and buildings; capital improvements.

-20-

TOWN OF LEDGEVIEW


STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES

GOVERNMENTAL FUNDS

YEAR ENDED DECEMBER 31, 2020 (WITH SUMMARIZED FINANCIAL INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2019

Tax Capital Incremental Debt

General lmerovements District #1 Service

REVENUES

Taxes $ 2,375,372 $ $ 366,236 $

Special Assessments 1,577 996,405 1,228,414 Intergovernmental 540,487 15,268 4,616 Licenses and Permits 281,591 Fines and Forfeits 875 Public Charges for Services 6,223 31,141 Intergovernmental Charges for Services Miscellaneous 66,227 359,092 282 7,610

Total Revenues 3,270,775 407,078 1,367,539 1,236,024

EXPENDITURES

Current General Government 759,745 45,735 Public Safety 276,374 Public Works 491,259 601,933 Health and Human Services 1,302 Culture and Recreation Conservation and Development 129,701 5,636

Debt Service Principal 1,852,941 Interest and Fiscal Charges 1,216,317

Capital Outlay 5,281,276 3,287,267 Total Expenditures 1,658,381 5,281,276 3,940,571 3,069,258

EXCESS OF REVENUES OVER (UNDER)

EXPENDITURES 1,612,394 (4,874,198) (2,573,032) (1,833,234)

OTHER FINANCING SOURCES (USES)

Long-Term Debt Issued 3,260,000 740,000 Premium on Debt Issued 282,198 Transfers In 124,760 327,052 2,390,386 Transfers Out

Total Other Financing Sources (1,812,078) (14,340) (296,025) (37,058)

(Uses) (1,687,318) 3,572,712 443,975 2,635,526

NET CHANGE IN FUND BALANCE (74,924) (1,301,486) (2,129,057) 802,292

Fund Balances - January 1 497,238 2,471,095 2,548,498 1,563,596

FUND BALANCES-DECEMBER31 1 422,314 1 1,169,609 1 419,441 1 2,365,888

-21-

TOWN OF LEDGEVIEW


STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN

FUND BALANCES (CONTINUED)

GOVERNMENTAL FUNDS

YEAR ENDED DECEMBER 31, 2020 (WITH SUMMARIZED FINANCIAL INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2019

REVENUES

Taxes Special Assessments Intergovernmental Licenses and Permits Fines and Forfeits Public Charges for Services Intergovernmental Charges for Services Miscellaneous

Total Revenues

EXPENDITURES

Current General Government Public Safety Public Works Health and Human Services Culture and Recreation Conservation and Development

Debt Service Principal Interest and Fiscal Charges

Capital Outlay Total Expenditures

EXCESS OF REVENUES OVER (UNDER)

EXPENDITURES

OTHER FINANCING SOURCES (USES)

Long-Term Debt Issued Premium on Debt Issued Transfers In Transfers Out

Total Other Financing Sources (Uses)

NET CHANGE IN FUND BALANCE

Fund Balances - January 1

FUND BALANCES - DECEMBER 31

Other Governmental

Funds

$ 485,650 $ 50,000

126,196 8,650

781,945

206,107 1,658,548

35,228 321,750 924,766

253,946 2,544

821,141 2,359,375

(700,827)

51,398 (734,095)

(682,697)

(1,383,524)

1,963,357

Total 2020 2019

3,227,258 $ 2,276,396

686,567 290,241

875 819,309

639,318 7,939,964

840,708 598,124

2,017,958 1,302

253,946 137,881

1,852,941 1,216,317 9,389,684

16,308,861

(8,368,897)

2,973,732 2,390,961

557,863 281,112

691 2,128,329

3,172 1,183,155 9,519,015

720,698 618,898

3,768,963 1,018

220,657 138,726

7,421,431 1,325,114 5,274,561

19,490,066

(9,971,051)

4,000,000 3,075,000 282,198 83,514

2,893,596 2,221,364 (2,893,596) _ __,_(2

....,_,2_2 _1,_,3_64 ...... )

4,282,198

(4,086,699)

9,043,784

3,158,514

(6,812,537)

15,856,321

$ 579,833 $ 4,957,085 $ 9,043,784

-22-

NOTE3

TOWN OF LEDGEVIEW BROWN COUNTY, WISCONSIN

NOTES TO BASIC FINANCIAL STATEMENTS DECEMBER 31, 2020

DETAILED NOTES ON ALL FUNDS (CONTINUED)

E. Long-Term Obligations

The following is a summary of changes in long-term obligations of the Town and Sanitary District for the year ended December 31, 2020:

Beginning Ending Due Within Balance Issued Retired Balance One Year

Governmental Activities:

General Obligation Debt Notes $ 35,390,000 $ 4,000,000 $ 1,800,000 $ 37,590,000 $ 14,115,000 Notes from Direct Borrowings 405,857 52,941 352,916 54,562

Total General Obligation Debt 35,795,857 4,000,000 1,852,941 37,942,916 14,169,562 Debt Premium 943,543 282,198 271,117 954,624

Governmental Activities Long-Term Obligations $ 36,739 400 $ 4 282 198 $ 2 124 058 $ 38 897 540 I 14,169,562

Sanitary District:

General Obligation Debt Notes $ 2,400,000 $ 3,725,000 $ 2,725,000 $ 3,400,000 $ 360,000

Debt Premium 6,048 298,700 29,224 275,524 Notes from Direct Borrowings 88,419 87,836 583 583

Sanitary District Long-Term Obligations $ 2 494 467 $ 4 023 700 $ 2 842 060 $ 3 676 107 $ 360.583

Total interest paid during the year on long-term debt totaled $1,118,315 for the Town and $100,980 for the Sanitary District.

For governmental activities, the other long-term liabilities are generally funded by the general fund.

General obligation debt currently outstanding is detailed as follows:

Date of Final Interest Original Balance Issue Maturi!>:: Rates Indebtedness 12/31/20

Governmental Activities:

General Obligation Note 12/18/12 10/01 /22 1.88 - 2.00% $ 4,300,000 $ 2,275,000

General Obligation Note 02/04/15 12/01/23 2.00% 2,700,000 2,200,000

State Trust Loan 09/15/16 03/15/26 3.00% 500,000 352,916

General Obligation Note 07/06/17 12/01/26 2.00- 3.00% 9,500,000 9,500,000


General Obligation Note 12/18/18 12/01/28 3.00 - 4.00% 4,910,000 4,910,000



General Obligation Note 09/30/19 03/01/27 2.00 - 3.375% 3,075,000 2,725,000


Total Outstanding General Obligation Debt - Town 37,942,916

Sanitary District:

General Obligation Notes 03/19/20 10/01/29 2.50- 3.50% 4,000,000 3,400,000

Total Outstanding General Obligation Debt $ 41 342 916

The Town's outstanding notes from direct borrowings of $352,916 are subject to a statutory provision that in an event of late or nonpayment, a 1 % per month penalty will

be charged and the payment will be collected through a reduction in payments from the state of Wisconsin.

-23-

Certification

We the Town Board of

the Town of

Ledgeview, ce rtify that

the foregoing financial

statement, required by

section 60,41 of the

Wisconsin Statutes, is a

true and accurate

statement of the

receipts,

disbursements, and

financial condition of

the Town of

Ledgeview.

�� .1�1 airperson � .e:.,

fl�C �- if/�CJI Alan Cheslock, Supervisor 'rife

Attest:

0,,,,LI� ,S�a�te, Administrator

o/ ..-s: oloo-\ Date

�f ✓ JD l, \ Date

3-L�btDate

��_Z_)J_� '-/-·5->lCharlotte Nagel, Clerk Date

Renae Peters, Treasurer Date

Ledgevie\N Set your sights high

-24-

Documents

2020 Town of Ledgeview Annual Report April 20, 2021