space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* Bucs Go 2-1 During Busy Week Before Break
* Bulldogs, Cougars, Marines Claim Dual Victories
* Niagara and Crivitz Share M&O Penthouse
* Marinette Sinks Denmark in NEC Showdown
* Conference Play Begins for Area Squads

space
Peshtigo Fire
space
e-Edition
Now Available
For more information
click here
dot
THE CITY REBORN FROM THE ASHES OF AMERICA'S MOST DISASTROUS FOREST FIRE
space
dot
space

Peshtigo Will Establish A Capital Improvement Fund

The City of Peshtigo's Finance committee decided unanimously on Tuesday, Jan. 24 to recommend establishing a Capital Improvement Fund by transferring $650,000 from the unassigned fund balance to the new account. Department heads will be asked to submit a list of capital improvement needs to their committees and establish priorities, after which the list will go to the Finance Committee and then the full City Council.

Committee Chair Tom Gryzwa stressed that even after the fund and the Capital Improvement list are in place, nothing can be spent from it without separate approval of the parent committee, the Finance Committee and then the full City Council.

Gryzwa explained at the start of the discussion that the city currently has $1,755,000 in unassigned funds. The auditors recommend keeping that balance at $875,000 to $950,000. Gryzwa said he had talked with auditors and they recommended putting part of the unassigned balance into a fund for major expense purchases and capital improvements. His suggestion, which was accepted by the committee, was to start the fund with $650,000.

He said he has been told repeatedly by representatives of grant agencies that if they hope to apply successfully for grants they need to pull that money from unassigned reserves and put it into the special fund. If it turns out to be needed for something else, that can be done, he added.

He repeated that even if the Capital Improvement list is approved, it doesn't mean the item will actually be purchased or the work will be done. That needs to go through the whole process again, individually, from department head to parent committee to Finance Committee and then to the council. He said everyone needs to know that just because the funds are there doesn't mean it can be, "grab and spend."

"Are we going to have a running wish list?" asked Alderman Brigitte Schmidt.

"It's a needs list, not a wish list," countered Public Works Director George Cowell, who has been telling City Council for months, perhaps years, that his equipment keeps getting older and isn't being replaced on any sort of schedule.

Cowell wondered how he would know if his department's needs would be covered in any given year from the Capital Improvement Fund, and if not, would he need to put them in his budget.

Gryzwa said that is the reason for the procedure. Each committee knows the needs of the department they are responsible for, and then the Finance Committee and the full Council would look at overall needs of city departments versus money available and prioritize on that basis. He said every year the audited balances will be reviewed and in some years they may be able to add money to the Capital Improvement account.

In reviewing account balances and expenditures at the start of the meeting, Deputy Clerk/Treasurer Anita Morois noted there were some large sums taken in and paid out in the past month. She said that was from property taxes being paid, and appropriate amounts distributed to the other taxing entities, including the school district, county, state and NWTC.

Gryzwa noted these are often large amounts. He said in a recent court case a judge ruled that the power plant in Kewaunee County had been over assessed, and ordered the county and all the other entities to return the amounts the court said they had collected improperly, and this amounted to millions.

He said in future years, not only will all the entities need to cut back their budgets to cover the lost tax base, they will need to find the money somewhere to pay back the improperly levied taxes.

"That's what can happen with improper taxes," he declared, stressing the importance of accurate assessed values.

Financial reports showed that as of Wednesday, Jan. 11 the city's Revolving Loan Fund (RLF) had a current cash balance of $202,206, and the Community Development Block Grant (CDBG) Fund had a cash balance of $930,487.30, CDs totaling $1.1 million, and loans outstanding of $1,557,589.

There were balances outstanding of $31,330 to Dave & Wendy Holmes, $146,705 to Vargo Tool & Die, at 2 percent interest; Edgewood Motel/Paulsen for $74,755, at 2.5 percent interest, on RLF loans, all current.

There had been no payments in 2016 on the remaining RLF loan, a $90,000 loan made to Faucett Forest Products in July of 2015 at 3 percent interest. Balance due is $87,847. Gryzwa, who also chairs the CDBG/RLF committee, said the bank is foreclosing on its loan, and the attorney is working with the RLF/CDBG group in attempts to collect on theirs.

A $31,500 CDBG loan, made to Oestreich in 2006 at 6 percent interest, is in default on a balance of $26,408. Gryzwa, said that property was sold at auction last week. "We did bid on it, and it will be in the courts," he said.

An old loan made to Walters has been written off the books, but efforts to collect continue, Gryzwa said.

Payments are current on all the other CDBG loans, on which the balances total $1,531,181, and interest rates are at 2 percent, except for loans at 3 percent interest to Kravis, Inc., and Precision Ice Blast, and a 1 percent interest loan made to the city's sewer utility, which has a balance of $278,297.

The city's loan of $415,698 was paid in full in November of last year, but there will probably soon be another one. Gryzwa said the UDAG Committee had agreed to loan the Sewer Utility $300,000 to pay for the mechanical portion of rehabilitation work on the sludge thickener at the Wastewater Treatment Plant. City Council is expected to approve that loan at its meeting on Tuesday, Feb. 7.

Gryzwa described the loan to the utility as a win/win for everyone, as the 1 percent is more than the interest being paid on the fund's CD, and far less than the 3 percent interest the utility would be charged by a commercial lending institution.

When reviewing regular city bills and collectables there was brief discussion on efforts to collect on three outstanding bills for fire calls. Committee members thought one had been turned over for collection last month. Morois said they talked about that but took no action. Attorney Spangenberg is looking at it, but because the amounts involved are so small they will not be taken to small claims court.

Gryzwa said a collection agency will attempt to collect in return for getting to keep half of what they collect. He said they do give reports on what has been collected. Spangenberg is checking on their contract, and so far it looks good.

There was brief discussion on equipment that needs to be purchased for the police chief's new squad car, such as a radio and computer. This was overlooked at budget time, and there was no contingency fund built into the budget so money will need to come from general funds or elsewhere in the budget.

Gryzwa declared that next year every departmental budget should include a contingency fund to cover things like this. This year they did put a $17,000 contingency fund in the 2017 budget to cover added costs expected to result from labor contract negotiations. Morois said the contracts are settled and that money has to stay there for that.

There was discussion on who pays for "Diggers Hotline" costs, and locates for underground utilities. Gryzwa said the city pays monthly to be a member of digger's Hotline, and that payment covers the cost of locates on city rights of way. A separate company, Damage Control, will do locate work on private properties, as well as city property that is not a street right of way, for example at the Wastewater TReatment Plant.

Individual property owners are responsible for expenses involved in locating and digging up sewer/water laterals from the mains to their properties for whatever reason, but they must get a permit to do it. The property owner expense includes restoring the street if it needs to be torn up, so it is important to keep sewer laterals from getting clogged.

Cowell said the city would incur prohibitive liability if they did locate on private property, so they do not do it at all.


Recent stories, opinions and photos

Issue Date Department Headline
12-15-2017Front Page
Identify Victim, Officers In Marinette Shooting Death

12-14-2017Obituaries
Mary K. Andrist-Sjoquist

12-14-2017Obituaries
James Bins

12-14-2017Obituaries
Charles W. Boshan

12-14-2017Obituaries
Paul Cherovsky

12-14-2017Obituaries
Ralph Emmes

12-14-2017Obituaries
John R. England

12-14-2017Obituaries
Clarence A. Herbst

12-14-2017Obituaries
Stanley J. Horak

12-14-2017Obituaries
Norbert S. Kabacinski

12-14-2017Obituaries
Donald F. Loberger

12-14-2017Obituaries
Florence G. Mikkola

12-14-2017Obituaries
Arlene A. Motto

12-14-2017Obituaries
Evangeline Orlando

12-14-2017Obituaries
Donald C. Reiter

12-14-2017Obituaries
Frances E. Smith

12-14-2017Obituaries
James Ahrens

12-14-2017Obituaries
Mark S. Erickson

12-14-2017Obituaries
Tony Frigo

12-14-2017Obituaries
Leonard E. Graef

12-14-2017Obituaries
Carl W. Greene

12-14-2017Obituaries
Arthur Grenke

12-14-2017Obituaries
Eleanor V. Johnson

12-14-2017Obituaries
Jerrold Keel

12-14-2017Obituaries
Warren L. Nelson

12-14-2017Obituaries
William "Bill" Perry

12-14-2017Obituaries
Harlen H. Patz

12-14-2017Obituaries
Nancy L. Sotka

12-14-2017Obituaries
Agnes Thomson

12-14-2017Obituaries
Thomas M. Zeitler

12-14-2017Sports
Bucs Go 2-1 During Busy Week Before Break

12-14-2017Sports
Bulldogs, Cougars, Marines Claim Dual Victories

12-14-2017Sports
Niagara and Crivitz Share M&O Penthouse

12-14-2017Sports
Marinette Sinks Denmark in NEC Showdown

12-14-2017Perspectives
Country Cousin

12-14-2017Perspectives
From our readers

12-14-2017Perspectives
From My Window

12-14-2017Community - Wausaukee
Beecher Town Board Gets Recycling Changes

12-14-2017Community - Wausaukee
Country Gospel Jam is Dec. 15

12-14-2017Community - Wausaukee
Wausaukee Blood Drive Big Success

12-14-2017Community - Wausaukee
Ranger Booster Club Fundraiser is Feb. 10

12-14-2017Community - Crivitz
Crivitz Wolverine Sports Boosters Erect New Building

12-14-2017Community - Crivitz
Crivitz Schools Holiday Break

12-14-2017Community - Crivitz
Crivitz Church Services, Free Dinner Dec. 24

12-14-2017Community - Crivitz
Village Crivitz To Rezone for Food Pantry

12-14-2017Community - Coleman
North Kickers Have Christmas Dance Dec. 16

12-14-2017Community - Coleman
Dylan Garrigan Named Lena J.H. Wrestling Coach

12-14-2017Community - Coleman
Coleman Okays Amending Ordinance on Judge Salary

12-14-2017Community - Coleman
Founders of Coleman Cancer Event Raise Over $75,000

12-14-2017Front Page
Two More Graduate From Marinette Co. Drug Court

12-14-2017Front Page
Agencies Address Marinette Water Contamination Issues

12-14-2017Front Page
County Board Again Asked To Consider Committee Revamp

12-14-2017Front Page
Pound Agrees On Insurance, Not Raises, For Employees

12-06-2017Sports
Conference Play Begins for Area Squads

12-06-2017Sports
Badgers Claim Early Supremecy in M&O Play

12-06-2017Sports
Area Grapplers Take to the Mats

12-06-2017Sports
Peshtigo Bowlers Off to Good Start

12-06-2017Obituaries
Carleton H. Warnecke

12-06-2017Obituaries
Sandra Rust

12-06-2017Obituaries
Laurie A. O'Connor

12-06-2017Obituaries
Mel L. Last II

12-06-2017Obituaries
David M. Kostreva

12-06-2017Obituaries
Mary Koehne

12-06-2017Obituaries
Karen J. Deau

12-06-2017Obituaries
Theresa Boettcher

12-06-2017Obituaries
Kathleen M. Wood

12-06-2017Obituaries
Mildred H. Winkler

12-06-2017Community - Wausaukee
Wausaukee School Holiday Concerts

12-06-2017Obituaries
John A. Wilson

12-06-2017Obituaries
Donald C. Reiter

12-06-2017Obituaries
Gary Keller

12-06-2017Obituaries
Kim M. Jones

12-06-2017Obituaries
William C. Holmes

12-06-2017Obituaries
Dorothy M. Butler

12-06-2017Obituaries
Peter C. Brown

12-06-2017Obituaries
Charles W. Boshan

12-06-2017Obituaries
Nancy Palenica

12-06-2017
Neil J. Ondracek

12-06-2017Community - Wausaukee
Wausaukee Church Free Dinner, Movie

12-06-2017Obituaries
Gerald Lesperance, Jr.

12-06-2017Obituaries
James D. Kohn

12-06-2017Obituaries
Rick G. Klimek

12-06-2017Obituaries
Terrance R. Ingram

12-06-2017Community - Wausaukee
Wagner Board Meeting Dec. 13

12-06-2017Community - Wausaukee
Ranger Booster Club Fundraiser is Feb. 10

12-06-2017Community - Crivitz
21 Crivitz Students at Education Fair

12-06-2017Community - Crivitz
Crivitz Church Services, Free Dinner Dec. 24

12-06-2017Community - Crivitz
Crivitz Christmas Float Made by Those with Disabilities

12-06-2017Community - Crivitz
Crivitz Legion Christmas Dinner

12-06-2017Community - Coleman
Founders of Coleman Cancer Event Raise Over $75,000

12-06-2017Community - Coleman
Swede Town Shed Damaged by Fire

12-06-2017Community - Coleman
Coleman Hosts Senior Citizens

12-06-2017Community - Coleman
Coleman Board to Discuss Two Overnight Student Trips

12-06-2017Front Page
Open House at New PCM Credit Union

12-06-2017Front Page
Lock, Gryzwa Will Not Seek Re-Election to Peshtigo Council

12-06-2017Front Page
Peshtigo Town Board Okays $925,412 Budget

12-06-2017Front Page
Marinette Firemen To Expand EMS Coverage

12-06-2017Front Page
Pound Parade Dec. 9, Special Meet Dec. 11

11-29-2017Sports
Bighead Carp Caught on Lower Wisconsin River

11-29-2017Obituaries
Frances T. Weimer

11-29-2017Obituaries
Donald Simonet

11-29-2017Obituaries
Bernard Pranica

11-29-2017Obituaries
John E. Pardee

11-29-2017Obituaries
Joan Paque

11-29-2017Sports
WIAA & Kwik Trip Resumes "Road Team of the Week"

11-29-2017Obituaries
Thomas Maye

11-29-2017Obituaries
Gerald Lesperance, Jr.

11-29-2017Obituaries
Deanna D. Koller

11-29-2017Obituaries
Ross F. Kies

11-29-2017Obituaries
Norman Jensen

11-29-2017Sports
Badgers Beat Rangers in OT

11-29-2017Obituaries
Paul G. Hoffman

11-29-2017Obituaries
Floyd W. Herson

11-29-2017Obituaries
Rose P. Hein

11-29-2017Obituaries
Connie A. Gustafson

11-29-2017Obituaries
Nancy I. Grun

11-29-2017Obituaries
Carl Francis

11-29-2017Obituaries
Rita R. Fitt

11-29-2017Obituaries
Elizabeth L. Felix

11-29-2017Obituaries
Lawrence Eichhorn

11-29-2017Obituaries
Larry P. Eatherton

11-29-2017Obituaries
William Doyen, Sr.

11-29-2017Obituaries
Robert E. Brown

11-29-2017Obituaries
Daniel W. Cloutier

11-29-2017Obituaries
William Caley

11-29-2017Obituaries
Helen M Bezio

11-29-2017Obituaries
Cheryl L. Aldrich

11-29-2017Sports
Marines Hold on for Tight Win in Peshtigo

11-29-2017Perspectives
Country Cousin

11-29-2017Perspectives
From My Window

11-29-2017Community - Wausaukee
Ranger Booster Club Fundraiser is Feb. 10

11-29-2017Community - Wausaukee
Athelstane Board Hears Wausaukee School Report

11-29-2017Community - Wausaukee
Wausaukee Church Free Dinner, Movie

11-29-2017Community - Wausaukee
796 Shoebox Gifts Collected for OCC

11-29-2017Community - Crivitz
Special Olympics in Crivitz Starts Dec. 3

11-29-2017Community - Crivitz
Crivitz Village Board Approves Upgrades

11-29-2017Community - Crivitz
Middle Inlet Hosts Vintage Snomo Show

11-29-2017Community - Crivitz
Crivitz Continues Discussions To Update Zoning Ordinance

11-29-2017Community - Coleman
Gift Baskets Topic at Library Dec. 6

11-29-2017Community - Coleman
Coleman Youth Wrestling Sign Up

11-29-2017Community - Coleman
Coleman Village Board Dec. 4

11-29-2017Community - Coleman
Senior Club To Meet on Dec. 4

11-29-2017Front Page
The Wall That Heals Coming to Crivitz Aug. 30 - Sept. 2

11-29-2017Front Page
Airplane Tampering Allegations Draw Objections, Responses

11-29-2017Front Page
Committee Recommends Keep Chicago Court Name

11-29-2017Front Page
Wausaukee Tax Rate Unchanged From 2017

11-29-2017Front Page
Marinette City Budget Public Hearing Nov. 30

11-22-2017Obituaries
Dolores Behringer

11-22-2017Obituaries
Mildred J. Berman

11-22-2017Obituaries
Mason S. Ermis


space
Peshtigo Times
WEB Poll!
Should President Trump cut back on the amount of tweets he makes?
space Yes
No
Undecided
space
TO VOTE CLICK
YES, NO or UNDECIDED

Suggest a Question
space .
space
FRONT
space
.
space
CLASSIFIEDS
space
.
space
COMMUNITY
space
.
space
GUEST BOOK
space
.
space
NEWS
space
.
space
OBITS
space
.
space
PERSPECTIVES
space
.
space
SPORTS
space
.
space
SUBSCRIBE
space
.
space
.
space
PESHTIGO FIRE
space
.
space
CUSTOM PRINTING
space
.
space
TIMES' SAVER
space
.
space
Click for Peshtigo, Wisconsin Forecast
FORECAST
space
Quick...
News or Ad Search
Enter News key words.
Enter Ad key words.



Peshtigo Times
841 Maple St
PO Box 187
Peshtigo, WI 54157
Phone: 715-582-4541
Email:
News@
PeshtigoTimes.com

space
Fax: 715-582-4662
© 2000-2017
All right reserved
space
Powered by
WEB Media
Interactive
COMMUNITY
WEB sites