Township Board: Monday, March 18, 2024 at 10:00am Special Meeting (ADOPTED BUDGET)

Executive Summary:

Budget Report for Leelanau Township

The budget report provides a detailed overview of the estimated revenues and appropriations for the Leelanau Township for the fiscal year 2024-2025. The report is divided into several funds, including the General Fund, Cemetery Trust Fund, Emergency Services Fund, Police Services, Facilities Fund, and Sewer SAD 2005-1 Fund.

General Fund
– Estimated Revenues: $851,940
– Appropriations: $871,711
– Net of Revenues and Appropriations: -$19,771

Emergency Services Fund
– Estimated Revenues: $1,843,212
– Appropriations: $1,840,880
– Net of Revenues and Appropriations: $2,332

Police Services Fund
– Estimated Revenues: $144,040
– Appropriations: $115,000
– Net of Revenues and Appropriations: $29,040

Facilities Fund
– Estimated Revenues: $173,478
– Appropriations: $453,000
– Net of Revenues and Appropriations: -$279,522

Sewer SAD 2005-1 Fund
– Estimated Revenues: $36,400
– Appropriations: $0
– Net of Revenues and Appropriations: $36,400

The report also includes the end and beginning fund balances for each fund, as well as the totals for all funds combined.