NOTICE FOR PUBLIC BUDGET HEARING FOR THE TOWN OF BEAR LAKE
Notice is hereby given that on Wednesday November 8th 2024, at 6:00pm the Town Board is holding a Budget Meeting followed by a Public Hearing on the Proposed Budget for the Town of Bear Lake. This will be held at the Town Hall located at 2498 17th St. The proposed budget in detail is available for inspection at the clerk’s office by appointment only. The following is a summary of the proposed 2024 Budget.
2023 Budget 2024 Budget
TAXES GENERAL LEVY $250,155.00 $262,808.00
Shared Revenues $10,165.56 $56,463.69
Transportation Aid $114,636.62 $114,636.62
Licenses & Permits $100.00 $100.00
Other Revenues $5,271.98 $7,718.37
Proposed Revenue: $360,409.54 $436,398.68 +21%
Total revenues: The increase in total revenue for 2023 includes an additional municipal loan for a 2015 CAT Backhoe 4X4. In 2024 there is a significant increase in shared revenue that will be paid out.
General Government $108,698.34 $122,547.11
Public Safety $55,450.00 $56,450.00
Public Works $194,695.32 $197,901.46
Total Expenditures $358,843.66 $376,898.57
Dated this 23rd day of October 2023.