The Common Council met 08/07/2024. The two items separated out for individual discussion and votes were the items related to the issuance of bonds. The first was a request to approve the sale and issuance of $13,500,000 of general obligation promissory notes. The second was […]
Tag: City Finances
Mayor Woodford Presents 2024 Executive Budget To Common Council – Highlights Increased Shared Revenue, 2% Net New Construction, Talks About Plans To Mitigate 18% Increase In Health Insurance Costs
The Common Council met 10/04/2023. During that meeting, Mayor Woodford gave a 25 minute presentation on the 2024 Executive Budget and Service Plan. I’ve prepared a PDF download of the Power Point slides, as well as a transcript of the presentation. In some respects, the […]
Finance Committee Votes 3-2 To Deny Shared Revenue Allocation Resolution – Majority Of Committee Views Resolution As Unnecessary
The Finance Committee met 09/11/2023. The item which took up the majority of the meeting was Resolution 10-R-23 regarding the allocation of state shared revenue funds. As written, the resolution called for the entire amount of the $1,926,000 that the city received in additional shared […]
Mayor Woodford Gives Budget Development Process Update, Discusses Inflationary Pressure On City
The Common Council met 09/06/2023. During that meeting, Mayor Woodford gave a brief budget development process update. He outlined some of the inflationary pressures the city is facing and indicated that of the $1.9 million the city had received in additional revenue sharing dollars the […]
Finance Committee Holding Special Meeting 08/16/2023 – Will Receive Final Numbers For $20.2 Million General Obligation Promissory Note Sale
The Finance Committee is holding a special meeting 08/16/2023 at 6:30PM ahead of the Common Council meeting at 7PM. Brad Viegut, the city’s Baird representative, will be presenting the results of the 2023 General Obligation Notes sale. This was discussed at the 08/07/2023 Finance Committee […]
Finance Committee Approves Sale Of $20.2 Million Of General Obligation Promissory Notes – Will Cover Capital Improvement Plan Projects, Phase 2 Of Library, TID 11 Infrastructure Improvements
The Finance Committee met 08/07/2023. They received a presentation from Appleton’s Baird representative Brad Viegut on the sale of $20.2 million of general obligation promissory notes. They then unanimously voted to recommend that the sale of those promissory notes be approved. I’ve prepared a transcript […]
Finance Committee Receives 2022 Audit Summary Presentation – Discusses 2 Compliance Findings Noted In Report
The Finance Committee met 07/24/2023. Around 20 minutes of the meeting was taken up with a presentation on the 2022 Audit and Executive Summary. The presentation was given by Leah Lasecki a CPA with CliftonLarsenAllen (CLA), LLP, the company that conducted the audit. CLA gave […]
Finance Committee Receives Presentation On Performance Of City’s Bond Portfolio
The Finance Committee met 06/12/2023. During that meeting they received a presentation on the performance of the city’s bond portfolio. This presentation was given by Michael Maloney, a portfolio manager as US Bank who manages Appleton’s bonds. The presentation and discussion were fairly high level […]
Alderperson Chris Croatt Posts Overview Of 7 1/2 Hour Budget Saturday Meeting
Alderperson Chris Croatt (District 14) gave a brief rundown of the 7 1/2 hour Budget Saturday meeting yesterday.
2023 Budget Would Raise Taxes By 6.6%, Sewer Utility Rate By 4% – Mayor Woodford Makes High Level Presentation To Common Council On 2023 Executive Budget
A couple days ago the Post Crescent published a good high-level overview of the 2023 executive budget proposed by Mayor Woodford which you can read here: https://www.postcrescent.com/story/news/local/2022/10/12/appletons-2023-budget-would-increase-city-property-taxes-6-6/8234248001/. The proposed budget includes a 6.6% property tax increase, which is an extra $116 on a home valued […]