Treasurer outlines strong year‑to‑date balances, proposes roughly 4% budget increase for 2027
June 06, 2026 | Lauderdale Lakes, Walworth County, Wisconsin
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
The Lauderdale Lakes Lake Management District Treasurer reported year‑to‑date finances and presented a first draft of the 2027 budget.
For the five months ending May 31 the Treasurer reported an excess of revenue over expenses of $263,000 and a balance sheet total of $274,000, which reflects starting balances and reserve transfers. The Treasurer said the district began the year with $100,000 from prior years, and the clubhouse reserve started with $61,000 and then received $228,000 in deposits (tax levies of $88,000; golf course transfers of $40,000; and fundraising of $100,000). Disbursements totaled $125,000, including the first loan payment made in March, leaving an ending cash balance of $164,000 after accounting for expected parking‑lot payments.
The Treasurer also reported the fundraising account held about $17,000 after a $100,000 transfer to special projects. The district received a $50,000 state reimbursement for 2025 water patrol expenses. The aquatic plant management equipment reserve has $55,000 budgeted and additional funds expected to come from prior leftover funds for a weed harvester.
On the budget, the Treasurer presented a first draft for 2027 proposing about a 4% overall increase. Key variables called out were wages for water‑safety patrol officers and expanded coverage for Clean Boats, Clean Waters. The draft anticipates a post‑operating excess of about $110,000 with $85,000 earmarked for reserves.
No final budget action was taken; the item was presented as a first draft for further consideration.
For the five months ending May 31 the Treasurer reported an excess of revenue over expenses of $263,000 and a balance sheet total of $274,000, which reflects starting balances and reserve transfers. The Treasurer said the district began the year with $100,000 from prior years, and the clubhouse reserve started with $61,000 and then received $228,000 in deposits (tax levies of $88,000; golf course transfers of $40,000; and fundraising of $100,000). Disbursements totaled $125,000, including the first loan payment made in March, leaving an ending cash balance of $164,000 after accounting for expected parking‑lot payments.
The Treasurer also reported the fundraising account held about $17,000 after a $100,000 transfer to special projects. The district received a $50,000 state reimbursement for 2025 water patrol expenses. The aquatic plant management equipment reserve has $55,000 budgeted and additional funds expected to come from prior leftover funds for a weed harvester.
On the budget, the Treasurer presented a first draft for 2027 proposing about a 4% overall increase. Key variables called out were wages for water‑safety patrol officers and expanded coverage for Clean Boats, Clean Waters. The draft anticipates a post‑operating excess of about $110,000 with $85,000 earmarked for reserves.
No final budget action was taken; the item was presented as a first draft for further consideration.
View the Full Meeting & All Its Details
This article offers just a summary. Unlock complete video, transcripts, and insights as a Founder Member.
✓
Watch full, unedited meeting videos
✓
Search every word spoken in unlimited transcripts
✓
AI summaries & real-time alerts (all government levels)
✓
Permanent access to expanding government content
30-day money-back guarantee
