Resolution Approving the use of Carry-over Tax Levy Capacity

TOWN OF WESTON, MARATHON COUNTY, WISCONSIN

RESOLUTION NO. TW 2018-04
A RESOLUTION APPROVING THE USE OF CARRY-OVER TAX LEVY CAPACITY UNDER WIS. STAT. § 66.0602(3)(f) FOR THE 2018 TAX LEVY FUNDING THE 2019 TOWN OPERATING BUDGET
WHEREAS, the Legislature has encouraged fiscal restraint by establishing tax levy limits on municipal budgets providing needed tax relief to property owners; and,
WHEREAS, the Town of Weston proposed an operating budget for 2019 that heeded that direction and significantly restrained expenditures without reducing services; and,
WHEREAS, substantial cut backs in other revenues have significantly restricted the Town’s ability to pay for essential local services; and,
WHEREAS, Wis. Stat. §66.0602(3)(f) permits carryover of a portion of the prior year’s unused tax levy limit up to a maximum of 1.5% of the actual tax levy; and,
WHEREAS, in order to provide for essential town services, it is necessary for the Town to utilize this authorized carry-over levy; not to exceed the statutory maximum,
NOW THEREFORE, BE IT RESOLVED BY THE TOWN BOARD OF THE TOWN OF WESTON, as follows:
1. The town board approves the use of carry-over levy in an amount not to exceed the statutory limit to help fund the 2019 operating budget.
2. The town board directs that the question of authorizing the town board to use unused carry-over levy limit capacity as determined by the department of revenue in the amount of $618 shall be placed on the agenda for the special town elector meeting to be held on the 27th day of November, 2018.

Adopted this 9th day of October 2019.
Milt Olson Chair
Robin Huempfner Clerk

(NOTE: passage requires a simple majority vote of the Town Board if the carry over levy is less than 0.5% of last year’s tax levy and a 2/3 vote of the Town Board if the increase is more than .5 percent, up to a maximum of 1.5 percent) *Post or publish this resolution as required under s. 60.80, Wis. Stat. within 30 days of adoption.