Summary
This document is a draft line-item budget report for Leelanau Township, dated February 26, 2025, comparing the 2024-25 original and amended budgets (with percentage used as of 03/31/2025) against requested and recommended figures for fiscal year 2025-26. It is a financial worksheet rather than a narrative record of board discussion, so no votes, public comments, or topic-specific deliberations are recorded in the text.
Financial Summary
Total estimated revenues for all funds in 2024-25 were budgeted at $3,052,570.00 (117.85% used), while the 2025-26 recommended revenue figure is $2,802,316.00. Total appropriations for all funds in 2024-25 were $3,280,591.00 (91.56% used); for 2025-26, appropriations were requested at $2,714,410.00 with a recommended figure of $1,532,734.38.
The net of revenues and appropriations was a deficit of $228,021.00 in 2024-25, with a requested 2025-26 deficit of $2,714,410.00 but a recommended surplus of $1,269,581.62. The beginning fund balance was listed at $5,011,043.17, with an ending balance of $4,783,022.17 (budgeted) or $4,989,797.31 (actual) for 2024-25.
Notable General Fund (101) items include Current Property Taxes recommended to rise to $570,000.00 for 2025-26 (from $537,472.00), and a new Tax Administration Fees line recommended at $135,000.00. Fire/EMS Fund (206) shows Current Property Taxes rising from $1,632,212.00 to a recommended $1,733,216.00 for 2025-26, but nearly all other Fire/EMS operating line items (salaries, insurance, supplies, equipment, etc.) are recommended at $0.00 for 2025-26, a significant change from prior funding levels (e.g., EMT Salary was budgeted at $820,000.00 in 2024-25 with $900,000.00 requested for 2025-26).
Capital outlay items show substantial changes: Capital Outlay-Roads was requested at $400,000.00 but recommended at $200,000.00 (down from $245,000.00 in 2024-25); Capital Outlay-Christmas Cove was requested at $100,000.00 and recommended at $30,000.00; Capital Improvement for Cemetery was requested at $225,000.00 but recommended at $0.00; and the Reserve Account, budgeted at $100,000.00 in 2024-25 and requested at $125,000.00 for 2025-26, is recommended at $0.00.
Action Items
The document does not specify assigned tasks, deadlines, or follow-up responsibilities. No matters concerning public housing or churches appear in this budget report.