Gilman approves 2025 budget

Posted 11/19/24

Gilman Wisconsin has a new 2025 tax levy—and budget!

Approved at the Wednesday, Nov. 13 board meeting, the new 2025 levy is $185,408, the still to come overall levy rate based on dividing …

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Gilman approves 2025 budget

Posted

Gilman Wisconsin has a new 2025 tax levy—and budget!

Approved at the Wednesday, Nov. 13 board meeting, the new 2025 levy is $185,408, the still to come overall levy rate based on dividing this figure by Gilman property values and then including this with the school and county rates.

As for the 2025 Gilman budget, figures show a total budget next year with $599,299 in revenues, much of this intergovernmental revenues.

As for a revenue breakdown, the local levy of $185,408 (down 0.83 percent from 2024) is joined by $26,044 in other taxes (down 10.75 percent), while $14,790 will come from public charges for services, an increase of 34.58 percent over 2024.

Intergovernmental revenues make up the lion’s share of village revenue overall at $301,010 (down 1.35 percent), with fines, forfeitures, and penalties budgeted at $800 in 2025, representing an increase 1.66 times the previous year’s total.

Also in revenues at Gilman are intergovernmental charges, otherwise known as bills made by government to other governments. A full $5,000 of Gilman’s revenue is to come from this, down 33.3 percent from 2024.

Also on the revenue side of the ledger are licenses and permits for $3,050 (up 8.93 percent), miscellaneous revenues for $34,197 (up 10.89 percent), and other funding sources for $29,000, down 34.09 percent from the year previous.

Listed on the expense side of the ledger for 2025 at Gilman are $133,084 in general government, $120,868 in public safety, $147,581 in public works, $1,400 in health and human services, $167,347 in culture/recreation/education, $3,372 in conservation and economic development, and $25,647 in other expenditures and capital.

Zero was spent on debt service, the village having retired its general obligation debt at present.