10/30/17 – Beaver Dam’s mayor weighed in on the 2018 city budget when she was our guest Friday on WBEV’s Community Comment. Becky Glewen was seated in April and is in the midst of her first budget helming the city. For the 2018 budget, she tells us that she has been working closely with council leadership and the city finance director. The 2019 budget will allow her the opportunity to oversee the budget process yearlong. She says a strategic process will begin in January and February by establishing a mission and a vision on how to brand the community and then she will look at how the budget can guide the city toward that goal over the year.
The initial $16.2-million-dollar budget included a tax levy of $10.5-million dollars, an increase of $636-thousand dollars, or 6.4-percent, from the current budget. City officials in Beaver Dam still have to trim over $70-thousand dollars from the proposed 2018 budget to meet state levy limits. A 13-percent increase in health insurance was anticipated but the city’s insurance carrier recently told officials that number may decrease. Glewen says there should be more solid numbers available by tonight and she is optimistic they will be favorable.
Part two of city budget deliberations resume this evening. The mill rate before reductions were made last Monday was estimated at $10.39-cents per thousand dollars of assessed value. Last year’s mill rate was $9.92. Equalized property values in the city are up around three-percent to just over $1.1-billion dollars.