Summary
This document is the Leelanau Township Revenue and Expenditure Report for the period ending 08/31/2025, presented at the September 9, 2025 Board meeting. It is a financial report rather than a discussion record, showing budget-to-actual figures across the General Fund (101), Fire Fund (206), Capital Projects Fund (213), and several smaller funds. No public comments, housing, parks/recreation discussions, or infrastructure decisions are recorded in this document; it consists solely of line-item budget data.
Financial Summary
Total Revenues - All Funds: Amended Budget $3,037,766.00; Year-to-Date $303,852.57; August activity $85,115.01; Available balance $2,733,913.43 (10.00% of budget used).
Total Expenditures - All Funds: Amended Budget $4,283,756.78; Year-to-Date $1,625,019.19; August activity $366,201.99; Available balance $2,658,737.59 (37.93% of budget used).
Net of Revenues and Expenditures: Budgeted net deficit of $1,245,990.78; actual YTD net deficit of $1,321,166.62; August activity net deficit of $281,086.98.
Notable items: Current Property Taxes for the General Fund (101-000-403) show a $570,000.00 budget with $0.00 collected YTD, and the Fire Fund (206-000-403) shows a $1,733,216.00 budget with $0.00 collected YTD, consistent with taxes not yet due. Insurance and Bonds (101-265-910.000) is over budget at 193.54% used ($70,111.19 spent against a $36,225.00 budget). Several capital outlay accounts in Fund 213 remain fully unspent YTD, including Capital Outlay - Roads ($400,000.00 budget, $0.00 spent), Capital Outlay - Airport ($100,000.00 budget, $0.00 spent), Capital Outlay - Braman Hill ($225,000.00 budget, $0.00 spent), Capital Outlay - Christmas Cove ($30,000.00 budget, $0.00 spent), and Capital Outlay - Hall ($110,000.00 budget, $0.00 spent).
Infrastructure Projects
The report lists budgeted capital outlay for several public infrastructure-related projects, though no activity is recorded for the period. These include Capital Outlay - Roads ($400,000.00 budgeted, $0.00 spent YTD), Capital Outlay - Airport ($100,000.00 budgeted, $0.00 spent YTD), Capital Outlay - Braman Hill ($225,000.00 budgeted, $0.00 spent YTD), and Capital Outlay - Christmas Cove ($30,000.00 budgeted, $0.00 spent YTD). Routine utility expenditures (village water, sewer, electricity) appear as recurring line items across departments (Fire, Cemetery, Parks) but represent standard operating costs rather than new projects.
Other Business
The report also includes routine administrative and operational budget lines (salaries, insurance, legal services, contract services) across departments such as the Assessor, Clerk, Treasurer, Zoning, Fire, and Cemetery, with no decisions or votes indicated in this financial document.