space
space
Peshtigo Times
space
space
space
Perspectives
* Country Cousin
space
space
Sports Shorts
* PHS Alumni Pepper "Fore" Golf Scholarship Outing Set for June 16
* Bulldog Track & Field Teams Claim Multi-Team Meets
* Peshtigo Refuses to Relinquish 1st
* Coleman and Niagara to Play for Top Spot in M&O
* Marines Fall Twice in NEC, Oconto Falls Splits Games

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
04-19-2017Obituaries
Regina Waciak

04-19-2017Obituaries
Marcella F. Tebo

04-19-2017Obituaries
Donald J. Paasch

04-19-2017Obituaries
David P. LeRoy

04-19-2017Obituaries
Ruby M. Harring

04-19-2017Obituaries
Donna Belle Gropp

04-19-2017Obituaries
Joan Ernst

04-19-2017Obituaries
Otto A. Delzer

04-19-2017Obituaries
Mary Witt

04-19-2017Obituaries
Christine Wasbotten

04-19-2017Obituaries
Kim M. Seizyk-Trudell

04-19-2017Obituaries
June E. Tordeur

04-19-2017Obituaries
Mary Smiltneek

04-19-2017Obituaries
Jerald O. Schulz

04-19-2017Obituaries
Nancy J. Schuette

04-19-2017Obituaries
James L. Pileggi

04-19-2017Obituaries
Arlene E. Peterson

04-19-2017Obituaries
Julie A. Patton

04-19-2017Obituaries
Emma A. Mueller

04-19-2017Obituaries
John Montevideo, Jr.

04-19-2017Obituaries
Emily A. McBride

04-19-2017Obituaries
Kathleen A. Darrow 

04-19-2017Obituaries
James J. Anderle 

04-19-2017Obituaries
Helen  M. Wright 

04-19-2017Obituaries
Carol J. Tebo

04-19-2017Obituaries
Joseph K. Orlando      

04-19-2017Obituaries
Ann G. Knope

04-19-2017Obituaries
Denny Dunn

04-19-2017Obituaries
Georgene Ann Duellman

04-19-2017Sports
PHS Alumni Pepper "Fore" Golf Scholarship Outing Set for June 16

04-19-2017Sports
Bulldog Track & Field Teams Claim Multi-Team Meets

04-19-2017Sports
Peshtigo Refuses to Relinquish 1st

04-19-2017Sports
Coleman and Niagara to Play for Top Spot in M&O

04-19-2017Perspectives
Country Cousin

04-19-2017Perspectives
From our readers

04-19-2017Perspectives
From My Window

04-19-2017Community - Wausaukee
Legion Auxiliary Unit 66 Has 65 Paid Members

04-19-2017Community - Wausaukee
Hearing Discontinue Town Public Way

04-19-2017Community - Wausaukee
Presbyterian Churches List Worship Leaders

04-19-2017Community - Wausaukee
Athelstane Town Board Awards Roads Bids

04-19-2017Community - Crivitz
Country Gospel Jam April 21

04-19-2017Community - Crivitz
Benefit Golf Scramble at Crivitz on June 10th

04-19-2017Community - Crivitz
Crivitz Elementary WPTO 5K Run/Walk May 13th

04-19-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-19-2017Community - Coleman
Chickens, Garden Topics at Library

04-19-2017Community - Coleman
Sonny Seymour To Mark Third Birthday

04-19-2017Community - Coleman
Community Rummage Sale Slated May 19, 20

04-19-2017Community - Coleman
Equity Club Re-Elects Officers at Annual Meet

04-19-2017Front Page
Puncer Open Raised $3400 for Charities

04-19-2017Front Page
Tricia Grebin Seated On Marinette County Board

04-19-2017Front Page
Proposed State Budget Good For Peshtigo School Finances

04-19-2017Front Page
Peshtigo Chamber Announces 2017 Persons of the Year

04-19-2017Front Page
Denise Wiedemeier Assumes Role as New Town of Peshtigo Chair

04-12-2017Front Page
Convenience Store Burglars Caught After 2-Day Chase

04-12-2017Front Page
Citizens School Building Committee Meets April 17

04-12-2017Front Page
Peshtigo Council To Reorganize April 18

04-12-2017Front Page
Auditor: 2016 Was Good Year For City of Peshtigo Budget

04-12-2017Front Page
CBA/CRA Salute Nick Witt as 2017 "Person of the Year"

04-12-2017
Silver Cliff Card Party Honorees

04-12-2017Community - Wausaukee
Wagner Board Meeting April 18

04-12-2017Community - Wausaukee
Wausaukee Jr/Sr High School 3rd Quarter Honor Roll Listed

04-12-2017Community - Wausaukee
Writers Lunch at Wausauke

04-12-2017Community - Crivitz
SC Fire, Rescue to Offer Scholarship

04-12-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-12-2017Community - Crivitz
Crivitz Egg Hunt Apr. 15

04-12-2017Community - Crivitz
Crivitz Middle School 3rd Quarter Honor Rolls Listed

04-12-2017Community - Coleman
Fish Fry Good Friday at Equity

04-12-2017Community - Coleman
Pound Hillside North Family Easter Event

04-12-2017Community - Coleman
Coleman High School 3rd Quarter Honor Roll, Perfect Attendance

04-12-2017Community - Coleman
Coleman Middle School Lists 3rd Quarter Honor Roll, Perfect Attendance

04-12-2017Sports
Marines Fall Twice in NEC, Oconto Falls Splits Games

04-12-2017Sports
AREA GOLF

04-12-2017Sports
AREA TRACK AND FIELD

04-12-2017Sports
M&O Softball

04-12-2017Perspectives
Country Cousin

04-12-2017Perspectives
From our readers

04-12-2017Perspectives
From My Window

04-12-2017Obituaries
Thomas J. Ausloos

04-12-2017Obituaries
Carol J. Blomquist

04-12-2017Obituaries
Richard C. Baribeau

04-12-2017Obituaries
David W. Cain

04-12-2017Obituaries
Frederick J. Charles

04-12-2017Obituaries
Judith Corey

04-12-2017Obituaries
Norman Damp

04-12-2017Obituaries
Viola Jashinsky

04-12-2017Obituaries
Randy I. Konell

04-12-2017Obituaries
JoAnn Kowalkowski 

04-12-2017Obituaries
Jerome M. Lemsky

04-12-2017Obituaries
David P. LeRoy

04-12-2017Obituaries
Henry R. Miller

04-12-2017Obituaries
Elizabeth C. Olsheske

04-12-2017Obituaries
John P. Przewrocki

04-12-2017Obituaries
Bernice B. Stone 

04-12-2017Obituaries
Carol J. Wyttenback

04-06-2017Obituaries
David Yudes

04-06-2017Obituaries
Helen Weinschrott

04-06-2017Obituaries
Eugene Tachick

04-06-2017Obituaries
Kenneth H. Rosner

04-06-2017Obituaries
June M. Sotka

04-06-2017Obituaries
Dorothy J. Simonick

04-06-2017Obituaries
Andrew G. Nesbitt

04-06-2017Obituaries
Jaymes L. Monette

04-06-2017Obituaries
Nancy J. Krzewina

04-06-2017Obituaries
Myron J. Kosmal

04-06-2017Obituaries
Florence Finney

04-06-2017Obituaries
Charles Brooks

04-06-2017Obituaries
Thomas Bashford

04-06-2017Obituaries
Florence L. (Rusch) Winkler 

04-06-2017Obituaries
Royce C. Squier

04-06-2017Obituaries
Dolores M. Spaulding

04-06-2017Obituaries
Gladys M. Rasner

04-06-2017Obituaries
Ethel M. Larson

04-06-2017Obituaries
Edna M. Kurilla

04-06-2017Obituaries
Bill W. Krahn

04-06-2017Obituaries
Wallace R. Kempke

04-06-2017Obituaries
Jacqueline R. Kelly

04-06-2017Obituaries
Nancy Haluska

04-06-2017Community - Wausaukee
Methodist Churches List Guest Speakers

04-06-2017Obituaries
Gertrude Haluska

04-06-2017Obituaries
Mark J. Engel

04-06-2017Community - Wausaukee
Goodman Students in Reading Olympics

04-06-2017Obituaries
Gene A. Boyd

04-06-2017Obituaries
Rosalie Babicky

04-06-2017Community - Wausaukee
SC Fire, Rescue to Offer Scholarship

04-06-2017Community - Wausaukee
Wausaukee Cemetery Deco Off by April 23

04-06-2017Perspectives
Country Cousin - Is It Spring Yet?

04-06-2017Community - Crivitz
Seven Members at Crivitz Legion Unit Meet

04-06-2017Community - Crivitz
CBA Egg Hunt Apr. 15

04-06-2017Community - Crivitz
Robert Hoyer is New Lions President

04-06-2017Community - Crivitz
Crivitz Craftfest Set for May 6th

04-06-2017Community - Coleman
Coleman K.C. Fish Fry April 7th

04-06-2017Community - Coleman
Coleman School Board April 10

04-06-2017Community - Coleman
Coleman/Pound Lions Palm Sunday Brunch

04-06-2017Community - Coleman
Coleman Student State Bound for Piano Solo

04-06-2017Perspectives
From Our Readers

04-06-2017Front Page
Town of Peshtigo Fights Blaze

04-06-2017Perspectives
From My Window - The Debut Of A Princess

04-06-2017Sports
James "Pug" Douglas - A Tribute To My Dad

04-06-2017Sports
Buccaneers Selected to WCC All-Conference Team

04-06-2017Sports
Area Girls Lace Cleats Up For Another Season

04-06-2017Front Page
Tri-Town Meeting Sparks Move To Change Sex Offender Law

04-06-2017Front Page
Coleman Board Adopts State Campground Rule

04-06-2017Sports
Baseball Returns to M&O Diamonds

04-06-2017Front Page
Wiedemeier Defeats Pottratz For Peshtigo Town Chair Post

04-06-2017Front Page
Rescue Squads Agree To Seek County Organization

03-29-2017Perspectives
Country Cousin

03-29-2017Perspectives
From Our Readers

03-29-2017Perspectives
From My Window

03-29-2017Front Page
Check for New Dog

03-29-2017Front Page
County To Loan $7.5 Million For Marinette Civic Center


space
Peshtigo Times
WEB Poll!
Do you think President Trump being tough with North Korea is the thing to do?
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