UPDATE: The Village of Caledonia will discuss the proposed budget at its meeting at 7 p.m. Monday, Nov. 17 at the Eastside Community Center, 6156 Douglas Ave.
ORIGINAL STORY: The general fund portion of the proposed Caledonia budget, which includes the majority of the funds the village spends money on, is set at about $13 million, less than a 2 percent increase in spending compared with 2014.
Click here to see the full budget: Village of Caledonia Budget – 2015.
But property taxpayers are slated to foot about $9.2 million of the bill, which is about $16,000 more than what was spent in 2014.
The total tax levy for the village has been proposed at $13.3 million, which includes the general fund, debt service, capital projects, the joint health, joint parks, cemetery, park enterprise, and sewer and water services. The total levy for all funds is frozen for 2015.
The proposed Village of Caledonia Budget – 2015 is being considered by the board, but still needs final approval before being implemented. A public hearing will be held in November.
Here are five things you should know about the proposed budget.
- The Village gets funding for the budget from three main sources: property taxes, state shared revenue and state transportation aid, and fees charged by the village.
- The exact mil rate is unknown at this time.
- The proposed village budget includes spending for $4.2 million on fire, about $3.4 million on the police department and about $2 million for the highway department.
- The village intends to spend about $1 million on capital projects, which includes $600,000 in road improvements.
- The sewer and water utility district — while part of the overall tax levy — are enterprise funds and have separte budgets. The sewer expenses for 2015 total about $5 million and the water portion totals about $3.4 million.