Budget Process
Although the city uses its budget as a
management tool throughout the year; the formal budget process
typically begins mid-summer with the different city departments
discussing their portion of the budget and their needs for the
next fiscal year. The departments pass their proposed budget
on to the Finance Committee and by fall the draft budget is
recommended to the Common Council. In November, the Common
Council holds a public hearing on the draft budget, considers any
revisions, approves the budget and adopts the property tax levy.
2010
Budget Calendar (July 2, 2009)
Wisconsin
Taxpayers Alliance Presentation (July 21, 2009) This
non-partisan organization presented background information on
Evansville compared to similar-sized municipalities.
Shortfall Presentation (July 21, 2009) City officials
discussed the basics behind a budget gap in the general fund to
overcome in 2010.
Discussion Questions Presentation (July 21, 2009) City
officials discussed ideas for bridging the budget shortfall.
Taxes Presentation
(July 21, 2009) City officials discussed local tax rates and the property tax levy.
Note the distribution of property taxes between city services was
re-calculated from what was presented during the meeting; the
distribution changed but the total remains the same.
Preliminary Budget
Proposal (Sept 16, 2009) Department heads and committees
presented their budget requests to the City Council.
Proposed Budget (Oct
12, 2009) Finance Committee revised the preliminary "department
head" budget to present to the City Council.
Approved
Budget (Nov 10, 2009) City Council
approved the final budget with further revisions.
Finance and Budget
Info. The mayor and administrator write a weekly column
in the Evansville Review; city finances and budgets are
common topics.
Operating Budget
State law requires all
municipalities to adopt an annual budget. A budget is a
projected financial plan or "fiscal blueprint" that outlines how
municipal funds will be raised and spent.
2010 Operating Budget
(Nov 10, 2009)
2010 Budget Ordinance
(Nov 10, 2009)
2010 Summary Budget and
Hearing Notice
(Oct 16, 2009)
2009 Operating Budget
(Nov 11, 2008)
2009 Budget Ordinance
(Nov 11, 2008)
2009
Summary Budget and Hearing Notice
(Oct 22, 2008)
Capital Budget
In planning for capital expenditures - typically
expensive and long lived assets such as vehicles, buildings and
infrastructure - the city adopts a five year capital budget.
2010-2014 Capital Budget
(Nov
10, 2009)
2009-2013 Capital Budget
(Nov 11, 2008)
Property Tax Levy and Tax
Rate
Property taxes are the single largest source of
revenues for most Wisconsin municipalities. The tax rate is
calculated by dividing the amount of property taxes to be
collected by the equalized value of the city. The greater
the equalized value, the lower the tax rate needed to raise a
given amount in property taxes. The city's 2008 tax rate
collectable in 2009 is $6.95903 per $1000
assessed value. The 2009 tax rate
collectable in 2010 is $6.87706 per $1000 assessed value.
Tax Rate
Comparison
(Dec 2008)
Historic
Tax Rate Information
(Feb 18, 2008)
Historic Tax Rate Graph
(July 23, 2009)
2009 Guide for Property Owners
(Wisconsin Dept. of Revenue).
The
Department of Revenue also has an
informative website.
Other Financial Statements
2008 Audit
2007 Audit
