Preliminary Beaver Dam Budget Numbers

10/18/11 – The Beaver Dam Administrative Committee got its first look at the proposed numbers in the 2012 budget last night. The total proposed budget is $13.7 million dollars, of which the city plans to levy for $8.4 million, that’s an increase of four-and-a-quarter-percent (4.25%) or roughly $342,000 higher than the current budget. In order for the city to be in compliance with the state’s budget restraint program, officials will have to find $175,000 to balance the numbers, either through revenue increases or expense decreases. No word yet on the proposed mill rate. The Administrative Committee will begin budget deliberations next Tuesday.