Township Board: Tuesday, March 18, 2025, at 6:15pm Special Meeting to take action on the FY 25-26 Budget and Salary Resolutions (Budget Daft)

Here is a 3-4 paragraph executive summary of the budget report document:

Executive Summary

The budget report for Leelanau Township provides a detailed breakdown of the township’s estimated revenues and appropriations for the fiscal year 2025-2026. The report includes information on various revenue sources, such as property taxes, permit fees, and state revenue sharing, as well as expenditures for salaries, benefits, operations, and capital projects.

The report highlights several key budget items for the upcoming fiscal year. The township is requesting a total of $3,037,766 in estimated revenues, while the total appropriations amount to $2,714,410. This results in a net deficit of $1,245,990.78. Notable budget items include increased salaries and benefits for township employees, as well as significant investments in capital projects, such as road improvements, fire hall maintenance, and cemetery upgrades.

The report also provides a detailed breakdown of the township’s various funds, including the General Fund, Fire and Rescue Fund, and Capital Improvement Fund. This detailed information allows the township to effectively manage its financial resources and plan for future needs. The report’s transparency and comprehensive nature demonstrate the township’s commitment to fiscal responsibility and effective budget management.

Leelanau Township