A look at the 2012 budget for the city of Edgerton
Highlights: The Edgerton City Council will consider a $2.05 million tax levy. Thatís a 3 percent levy increase above this yearís budget, but itís about 2 percent less than the 5.1 percent maximum levy increase the state will allow. All told, the cityís planning for about $3.32 million, a decrease of about .5 percent compared to the budget this year.
Amid an anticipated $530,000 decrease in revenue, the city council this fall proposed cuts of about $20,000 to the Edgerton Public Library budget. The proposed budget also sees a $120,000 decrease in pay and benefits to city employees.
Whatís next?: The city council will hold a public hearing on the proposed budget at 7 p.m. Monday, Nov. 21, at Edgerton City Hall, 12 Albion St., Edgerton. The council could vote to set the new tax levy directly after the hearing.
Next year $3.32 million
This year $3.34 million
Next year $2.05 million
This year $1.9 million
The proposed tax rate is unavailable pending state assessments of manufacturing properties.
Note: Percent changes calculated on whole numbers.
Last updated: 6:53 pm Thursday, December 13, 2012