Township Board: Township Board Special Meeting Tuesday March 11 2025 at 5:00 pm (Draft budget as of 3/5/25)

Leelanau Township Board

Event Date: 2025-03-11

Summarized with ai model: grok-2-1212

Disclaimer: AI-generated summaries may contain errors. Please review the source document for accuracy.



The budget report for Leelanau Township outlines the financial planning and projections for various funds for the fiscal years 24-25 and 25-26. The General Fund (Fund 101) shows a total estimated revenue of $851,940.00 for 24-25, with actual activity reaching $1,092,609.70, and a recommended revenue of $996,550.00 for 25-26. Appropriations for the same periods are $871,711.00, $903,705.40, and $1,168,075.78 respectively, resulting in a net deficit of $19,771.00 for 24-25 and a projected deficit of $171,525.78 for 25-26. The beginning fund balance for 24-25 is $1,213,657.10, with an ending balance of $1,402,561.40, indicating a positive financial position despite the projected deficits.

Other funds detailed in the report include the Cemetery Trust Fund (Fund 151), Emergency Services Fund (Fund 206), Police Services Fund (Fund 207), Facilities Fund (Fund 213), Library Fund (Fund 271), Fire Building Fund (Fund 406), Trust and Agency Fund (Fund 701), Tax Collection Fund (Fund 703), Firemen’s Discretionary Fund (Fund 792), and Sewer SAD 2005-1 Fund (Fund 852). Each fund has its own revenue and appropriation figures, with varying levels of activity and projected balances. For instance, the Emergency Services Fund shows a significant increase in actual revenue to $2,157,111.44 for 24-25, with a net positive of $265,016.12, while the Facilities Fund anticipates a large capital outlay of $813,000.00 for 25-26.

Overall, the report totals across all funds indicate a total estimated revenue of $3,052,570.00 for 24-25, with actual activity at $3,604,949.59, and a recommended revenue of $3,037,766.00 for 25-26. Total appropriations are $3,280,591.00, $3,123,521.05, and $3,885,850.78 respectively, leading to a net deficit of $228,021.00 for 24-25 and a projected deficit of $848,084.78 for 25-26. The beginning fund balance across all funds is $5,011,043.17, with an ending balance of $5,492,471.71 for 24-25, suggesting a robust financial position despite the projected deficits for the upcoming fiscal year.

Internal document reference #:1860

Similar Posts

Regular Meeting (Supervisor’s Report March 2025)

Byadmin

Firefighter CBA Negotiations: With the fire chief back from vacation, the township is set to return to the negotiating table for the firefighter collective bargaining agreement (CBA). A tentative agreement is expected to be available to the board later this month. Township Budgets: Budget meetings are progressing well, with the harbor, sewer, and fire department budgets expected to be completed this week.

Work Session (Packet)

Byadmin

The Empire Village Council Work Session agenda includes presentations by the new Village Attorney and a TextMyGov demonstration. It also addresses public comments, old business like meeting minutes approval, and new discussions on software and drainage assessments. Additionally, the agenda covers snowplowing clarification, sidewalk clearing, employee health insurance, and bids for road projects.

Executive Board (Minutes)

Byadmin

The meeting saw Interim Administrator Richard I. Lewis introduce key personnel, including Human Resources Manager Jennifer Kain. Notable updates were presented by Networks Northwest CEO Janie McNabb and Housing North Executive Director Yarrow Brown. Several action items were approved, including a $1,000 grant for the Sheriff’s Office and the Emergency Management Performance Grant work agreement.