Town of Chase
2006 Financial Report
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Of the Town Board of Audit |
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For the Year Ending December 31, 2006 |
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2005 TAX ROLL RECONCILIATION USED FOR 2006 |
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( Dec 2005 through Nov 2006 ) |
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TAXES, CREDITS AND SETTLEMENTS RECEIVED |
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General Property Taxes Collected in December 2005 for the 2005
Tax Roll |
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1,097,162.68 |
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General Property Taxes Collected in January 2006 for the 2005
Tax Roll |
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816,577.26 |
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Lottery Credit Received in March 2006 |
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66,769.92 |
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School Levies State Tax Credit Received in July 2006 |
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177,774.03 |
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Dog License Tax Collected from Residents |
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1,496.00 |
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August Settlement from County ( See Footnote Below ) |
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0.00 |
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Collection of Delinquent Personal Property Taxes Plus Interest |
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4,833.58 |
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TOTAL TAXES, CREDIT AND SETTLEMENTS RECEIVED |
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2,164,613.47 |
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TAX SETTLEMENTS PAID TO OTHERS |
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Tax Collections & Lottery Credits Paid to County and State |
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(792,770.36) |
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Tax Collections & Lottery Credits Paid to Pulaski Community
School District |
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(986,644.31) |
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Tax Collections & Lottery Credits Paid to Oconto Falls School
District |
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(7,932.02) |
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Tax Collections & Lottery Credits Paid to Northeast WI Technical
College ( NWTC ) |
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(168,409.26) |
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Tax Collections & Lottery Credits Paid to Krakow Sanitary
District |
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(254.39) |
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Dog Licenses Paid to County |
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(1,411.00) |
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TOTAL SETTLEMENTS PAID TO OTHERS |
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(1,957,421.34) |
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TAXES RETAINED BY TOWN |
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Private Forest Crop / Managed Forest Land Tax from County
Settlement in February |
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(1,807.00) |
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Interest & Penalties Paid on Delinquent Taxes |
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(2.04) |
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Dog Tax Collected Minus Dog Tax Paid to County |
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(85.00) |
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TOTAL TAXES RETAINED BY TOWN |
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(1,894.04) |
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TOTAL LOCAL SHARE OF PROPERTY TAXES |
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205,298.09 |
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FOOTNOTE: The 2006 August Settlement from
the county was lost in the mail. The town did not receive it
until 2007. |
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The total amount of the settlement check was $69,824.83. It
will be included in next years financial report. |
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CHECKING ACCOUNT
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BEGINNING BALANCE JANUARY 1, 2006 |
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70,557.96 |
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REVENUES |
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TAX REVENUES |
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Lottery Credit & Gaming Credit Received from the State in March |
66,769.92 |
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School Levy and Tax Credit Received from the State in July |
177,774.03 |
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Delinquent Personal Property Taxes and Interest ( Town Keeps ) |
4,833.58 |
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Mobile Home Lottery Credit from State & Parking Fees Collected |
4,615.03 |
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Funds Transferred Into Checking Acct for Tax Settlements to Cty,
State, & Area Schools |
1,717,881.04 |
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Funds Transferred from Tax Acct into Checking Acct for Town Use
( From 2005 Tax Roll ) |
201,665.00 |
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TOTAL TAX REVENUES |
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2,173,538.60
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INTERGOVERNMENTAL REVENUES ( Revenues
Received from the State ) |
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State Shared Revenues Received in July and November |
53,653.95 |
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Fire Insurance Tax Rebate ( 2% Fire Dues ) |
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5,505.92 |
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Exempt Computer Aid |
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20.00 |
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General Transportation Aids |
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112,055.16 |
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Managed Forest Land Severance/Yield/Withdrawal Taxes ( 20% to
Cty ) |
1,958.90 |
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Managed Forest Law Payment ( 1128.60 Acres in Program @ .20
p/acre ( 20% to Cty ) |
225.72 |
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TOTAL INTERGOVERNMENTAL REVENUES |
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173,419.65
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LICENSES & PERMITS |
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Business & Occupational Licenses: Operator & Liquor Licenses |
1,657.00 |
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Franchise Fees from Time Werner Cable |
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2,666.74 |
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Dog License Refund from County |
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1,020.61 |
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Dog License Fees Collected ( Additional $1358 Dog Tax Collected
in Tax Acct ) |
138.00 |
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Building Permits & Inspection Fees Collected |
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26,774.06 |
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Blasting Permit Fees Collected |
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1,000.00 |
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TOTAL LICENSES & PERMIT REVENUES |
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33,256.41 |
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PUBLIC CHARGES FOR SERVICES |
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Park Fees for Newly Constructed Homes in Chase ( Jan - Aug ) |
2,400.00 |
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Picnic Concessions & Donations |
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3,601.00 |
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Picnic Donat |