3/26/2026 - Leelanau Township Board | Special Meeting on FY 2026-27 Budget
Summary
The meeting focused on budget justifications and discussions related to the 2026-2027 fiscal year. Key points included anticipated increases in health insurance costs and proposed budget allocations across various departments. The trustees discussed projected revenues, appropriations, and a projected deficit in the overall budget.
Public comments
No public comments were recorded in the provided document.
Financial Summary
The 2026-2027 budget includes the following key figures:
- Total estimated revenue for department 101: $1,097,193
- Total appropriations for department 101: $1,153,703
- Net of revenue and appropriations: ($55,750)
- Fund balance at the start of the period: $792,399.47
- Remaining fund balance after considerations: $736,649.47
- Estimated revenues for fire/emergency services: $2,289,878
- Total appropriations for fire/emergency services: $2,324,173
- Projected net deficit for fire/emergency services: ($55,705)
- Police services projected revenue dependent on upcoming millage: Max $155,751 if passed.
Action Items
1. Continue monitoring health insurance costs and evaluate employee contribution levels.
2. Review and analyze appropriations for various departments, ensuring alignment with projected revenues.
3. Prepare for proposed millages in police services to secure additional funding.
4. Implement capital outlay plans for road improvements and other facility enhancements as discussed.
5. Assess the impact of the projected deficits on operational capabilities and future funding strategies.
Source Document
This summary was AI-generated from the official meeting record. The full source document is the authoritative version.