Beaver Dam City Leaders To Continue To Look At Budget, Borrowing On Monday

(Beaver Dam) The city of Beaver Dam’s proposed borrowing for next year totals $4.6-million dollars. Taxpayers would be responsible for $4.1-million dollars in the 2023 Capital Improvements Plan, with the remaining half-million dollars coming from other revenue sources.   

The CIP would direct $2-million dollars to streets, which includes the reconstruction of Frances Lane and Curie Street.  

Public Works is seeking $426-thousand dollars for new vehicles, namely an aerial truck and a small platform truck.  

The Parks Department is asking for $500-thousand dollars for phase two of Rotary Park in the downtown tower parking lot along with $30-thousand dollars for planting trees and $5,000 for the Cotton Mill Park riverway.  

A half-million dollars would be set aside starting next year for a new fire department aerial ladder truck, which carries an estimated price tag of $2-million dollars. City Administrator Nathan Thiel says that means the city would be locked in for $1.5-million dollars in 2024. 

“If you had done it two years ago it would have been a lot less,” he says, “so if you want to kick this can further, prepare for 2.5.”  

Next year’s borrowing plan also includes $1.2-million dollars for a new roof and new windows at the library. Thiel says the city set aside $125-thousand dollars last year for a new roof before discovering the cost would be considerably higher.

He says the designer of the library was from California and did not anticipate the effects that snow would have on the roof. “Obviously, he’s from California and is not very familiar with snow,” Thiel says. City officials will continue their look at next year’s budget and borrowing plan at their meetings tonight (Monday).