2026-Budget-Report

West Fargo Park District Public Hearing for 2026 Budget Wednesday, September 10, 2025 Rustad Recreation Center, 6:00 P.M. Budget Review available at www.wfparks.org

Preview

Source: 2025 Equalization Report

5 YEAR MILL LEVY BREAKDOWN 34.0

32.0

30.0

28.8

28.6

28.6

28.6

2023

2024

2025

28.2

28.0

26.0

24.0

22.0

20.0

2022

2026

WHAT DOES THE 28 MILLS FUND? Recreation Fund 18%

Debt Service for Rustad, Vets Pool

Daily Operations Park Initiated Large Improvement Projects

Park Improvement Districts 23%

City of WF Special Assessments

Special Assessments 13%

General Fund 46%

Budget Highlights Balanced Budget

House Bill 1176

General Fund: Revenues $6.69M Expenses $6.69M

3% Property Tax Cap (General Fund)

All Funds: Revenues $16.54M Expenses $16.54M

Allows additional increase for New Growth

Improved Transparency Full Time Employees and Benefits now included in their departments.

Personnel Request 1 FTE Addition (Recreation Dept)

BUDGET SUMMARY 2024

2025

2026

$256,044

$271,696

$287,569

10%

6%

6%

13.4 10.2 5.0 28.6

13.3 10.4 5.0 28.6

13.2 10.1 5.0 28.3

One Mill Value:

Mills Levied: General Fund Special Assessment Funds Recreation Fund

New Growth Allowance (HB1176) General Fund

87,459

Dollars Levied: General Fund

3,430,111

3,600,000

3,798,000

Special Assessment Funds

2,600,000

2,820,000

Recreation Fund

1,280,130 7,310,241

1,358,480 7,778,480

2,915,000 1,437,845 8,150,845

Income Statement Fund Summary

General REVENUES Property Taxes Intergovernmental Charges for Services Miscellaneous Cash on Hand TOTAL REVENUES

EXPENSES Administration Park Operations Rustad Vets Arena Vets Pool / Shad Wd Marketing Recreation Debt Service Capital Improvements TOTAL EXPENSES NET SURPLUS (DEFICIT)

3,798,000 1,175,000 1,719,000

6,692,000

1,239,194 1,936,750 1,170,706 845,189 259,503 263,488 976,720

Special Assessments

Recreation

1,010,000

1,437,845

Debt Service PID Debt Service PID (Mills Used) (No Mills Used)

1,905,000 50,000

1,437,845

1,955,000

TOTAL BUDGET

2,000,000

1,850,000

8,150,845 1,225,000 1,719,000 1,600,000 3,850,000

2,000,000

1,850,000

16,544,845

2,000,000

1,850,000

1,239,194 1,936,750 1,170,706 845,189 259,503 263,488 976,720 5,920,000 3,932,845

*

1,600,000 1,010,000

General Fund Reserves

Improvements

1,600,000

1,010,000

1,355,000 82,845

1,955,000

1,600,000

6,691,550

1,010,000

1,437,845

1,955,000

1,600,000

2,000,000

1,850,000

16,544,395

450

0

0

0

0

0

0

450

Levy Fund Balance Summary Fund Balance 1/1/25

Projected Fund Balance 12/31/25

Revenue 26

Transfers 26

Expenses 26

Projected Fund Balance 12/31/26

General Fund

15,417

10,000

6,692,000

40,000

6,651,587

10,000

Special Assessment Funds

1,424,138

1,990,000

2,915,000

50,000

2,965,000

2,040,000

Recreation Fund

306,322

10,000

1,437,845

1,355,000

82,845

10,000

CASH BALANCE

1,745,877

2,010,000

11,044,845

1,445,000

9,699,432

2,060,000

2026 Budget Timeline

Director Meetings, Staff Meetings

Board Meeting (7/9/25)

Board Meeting (8/13/25)

Presentation

Presentation

Approve Public Hearing Notice

Approve 2026 Preliminary Budget

April – June

Individual Commissioner Meetings

September

August

July July

August

Individual Commissioner Meetings

Board Meeting (9/10/25) Public Comment Approve 2026 Budget

Questions or Comments

Justin Germundson Finance Director West Fargo Parks 701-551-7119 justin@wfparks.org

GENERAL FUND TOTAL REVENUE: Account

Description

2023

2024

YTD 6/25

Current Budget

2026

Budget Change

% Old Budget

310001 335600 340001 - 44

Property Taxes State Aid Charges for Services

2,955,419 1,122,569 1,562,210

3,310,242 1,132,877 1,668,595

3,295,718 547,897 1,051,328

3,600,000 1,050,000 1,540,000

3,798,000 1,175,000 1,719,000

198,000 125,000 179,000

106% 112% 112%

5,640,198

6,111,714

4,894,943

6,190,000

6,692,000

502,000

108%

26 REVENUE: Charges for Services Account

Description

340001 340002 340003 340004 340005 340006 340007 340008 340009 340010 340011 340012 340013 340014 340015 340016 340018 340019 340020 340021 340022 340023 340024 340026 340027 340028 340029 340030 340031 340032 340033 340034 340035 340036 340037 340038 340040 340041 340042 340043 340044

Rustad Gym Rustad Party Rustad Concessions Rustad Pickleball Rustad Turf Rustad Open Gym Rustad Playground Rustad Punch Cards Rustad Room Miscellaneous Senior Programming Marketing Ball Programs Basketball Metro Basketball Youth Horace Parks Fee Ballfield Concessions Creative Arts Frostival Flag Football Preschool Programs Rummage Sale Science Tech Shelters Shooting Sports Skating Soccer Field Fees Special Events Pickleball Tennis Theater VMArena Concessions VMArena Party VMArena Rental VMArena Ice Rental VMPool Admissions VMPool Concessions VMPool Punch Cards Volleyball Adult Volleyball Youth

2026

Budget Change

40,408 275,026 21,270 7,944 625 19,688 17,201

9,000 9,000 78,000 10,000 40,000 247,000 42,000 30,000 5,000 30,000 30,000

125,000 95,000 70,000 40,000 110,000 13,000 95,000 5,000 19,000 15,000 0 20,000 63,000 38,000 11,000 50,000 20,000 20,000 0 60,000 22,000 0 17,000 30,000 11,000 34,000 25,000 50,000 60,000 10,000 10,000 9,000 85,000 0 60,000 285,000 50,000 25,000 5,000 31,000 31,000

5,000 5,000 5,000 5,000 (5,000) (1,000) 5,000 (5,000) 4,000 (35,000) (8,000) 10,000 3,000 (2,000) 1,000 50,000 5,000 3,000 (2,000) 15,000 4,000 (14,000) 2,000 5,000 0 10,000 3,000 5,000 35,000 10,000 1,000 0 7,000 (10,000) 20,000 38,000 8,000 (5,000) 0 1,000 1,000

111% 100% 109% 0% 150% 115% 119% 83% 100% 103% 103%

1,051,328

1,540,000

1,719,000

179,000

112%

YTD 6/25

Current Budget

2023

2024

118,304 103,324 54,884 48,746 125,727 16,524 103,522 24,096 18,357 9,292 7,093 8,310 50,721 38,957 13,084

136,390 104,577 77,327 61,987 106,376 13,594 107,701 (2,757) 18,504 27,596 8,651 14,952 53,302 32,199 9,869

89,996 46,778 56,149 32,701 58,707 6,665 51,289 (2,894) 14,106 16,159 1,088 5,625 35,705 5,439

120,000 90,000 65,000 35,000 115,000 14,000 90,000 10,000 15,000 50,000 8,000 10,000 60,000 40,000 10,000

14,792 16,878 51,284 16,936 12,270 16,028 30,056 8,924 27,130 20,337 43,674 39,258

21,589 18,871 8,185 59,075 19,466 12,426 11,644 30,441 11,163 35,008 23,599 47,450 31,735

12,234 12,554 1,200 21,121 14,155 7,972 9,185 20,573 5,839 19,820 14,533 16,652 30,856

15,000 17,000 2,000 45,000 18,000 14,000 15,000 25,000 11,000 24,000 22,000 45,000 25,000

8,662 8,499 81,274 9,505 38,307 235,530 46,551 31,156 5,788 29,307 29,123

9,416 9,464 85,203 3,544 51,623 261,219 59,621 22,969 5,132 29,387 30,097

8,281 2,509 54,169

1,562,210

1,668,595

% Old Budget 104% 106% 108% 114% 96% 93% 106% 50% 127% 30% 0% 200% 105% 95% 110% 133% 118% 0% 133% 122% 0% 113% 120% 100% 142% 114% 111% 240%

GENERAL FUND TOTAL EXPENSES: Account

Description

451000 451200 451500 453900 453300 454000 456000

Administration Park Operations Rustad Vets Arena Vets Pool / SW Marketing Recreation

2023

2024

YTD 5/25

Current Budget

2026

Mills

Budget Change

% Old Budget

3,033,577 683,244 472,670 397,840 113,097

3,363,981 673,990 482,422 461,637 130,285 79,747 400,701

1,786,169 320,719 291,548 238,600 56,042 16,404 194,099

3,747,000 770,000 532,000 526,000 145,000 72,000 413,000

1,239,194 1,936,750 1,170,706 845,189 259,503 263,488 976,720

2.4 3.8 2.3 1.7 0.5 0.5 1.9

(2,482,806) 1,159,750 633,706 315,189 112,503 191,488 548,720

33% 252% 220% 161% 179% 366% 236%

4,700,428

5,592,763

2,903,581

6,205,000

6,691,550

13.2

478,550

108%

GENERAL FUND 26 EXPENSES: Administration Account

Object

Description

451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000 451000

110 111 113 210 220 230 250 270 280 285 312 320 321 323 335 340 341 356 369 383 410 422 455 667 815 890

Full Time Salaries Park Board Salaries Benefit Payouts Computer Services Payroll Taxes / WSI Retirement Misc Payroll Liabilities Pro Resources Fee City of West Fargo Fee Attorney Health Insurance Property Insurance Liability Insurance Professional Devel Travel Meetings Phone Audit Car Allowance Office Supplies Clothing Allowance Safety Memberships Deferred Maintenance Transfer Out

2023

2024

1,691,019 14,985 17,753 56,006 196,067 256,238 1,539 -13,836 38,529

1,814,528 15,701 100,609 77,818 231,882 300,379

10,146 331,119 47,481 56,502 3,976 2,286

5,423 312,828 59,881 58,333

YTD 6/25

Current Budget

1,081,331 8,190 14,483 41,534 124,708 172,184 54 -3,855 38,682

2,139,000 17,000 25,000 58,000 200,000 348,000 5,000 5,000 80,000

6,255 176,449

10,000 434,000 58,000 65,000 7,000 4,000 4,000 21,000 30,000 10,000 20,000 17,000

2026

16,819 33,202 6,522 16,028 14,962

5,000 21,596 30,345 8,390 17,452 15,984

11,979 124,255 100,000

12,438 125,000 75,000

6,663

10,000 100,000 50,000

605,831 17,000 20,000 25,000 57,855 98,508 5,000 1,000 0 20,000 10,000 71,000 62,000 65,000 6,000 6,000 5,000 3,000 30,000 2,000 20,000 4,000 5,000 10,000 50,000 40,000

3,033,577

3,363,981

1,786,169

3,732,000

1,239,194

3,395 71,999

60,065 8,400 1,229 1,738 8,975 16,816 1,548 14,370 6,347

Budget Change

% Old Budget

(1,533,169) 0 (5,000) (33,000) (142,145) (249,492) 0 (4,000) (80,000) 20,000 0 (363,000) 4,000 0 (1,000) 2,000 1,000 (18,000) 0 (8,000) 0 (13,000)

28% 100% 80% 43% 29% 28% 100% 20% 0% 100% 16% 107% 100% 86% 150% 125% 14% 100% 20% 100% 24%

0 (50,000) (10,000)

100% 50% 80%

-2,482,806

33%

GENERAL FUND 26 EXPENSES: Park Operations Account

Object

Description

451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451000 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200 451200

109 110 115 210 220 230 270 285 320 335 340 341 351 352 356 357 383 420 422 424 427 429 430 446 450 455 475 494 495 496 497 641 642 920 923 926 928

Part Time Wages Full Time Wages Overtime Computer Services Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Travel Meetings Electricity Natural Gas Phone Internet Car Allowance Operations Clothing Allowance Gas / Oil Repairs Water Meters Security Forestry Athletic Field Safety Shelters Buildings Repair Landscape Repair Playground Site Improvements Equipment Equipment Pmt Warminghouse Background Checks Herbicide Fertilizer

YTD 6/25

Current Budget

2023

2024

125,225

112,146

33,733

135,000

3,228 1,119

3,101 3,334

1,910 829

4,000 4,000

40,943 13,997

37,574 8,106

25,384 8,214

50,000 15,000

2026

10,016 16,058 4,486 14,026

117,337 26,345

11,353 15,280 16,585 18,280 16,419 109,241 11,200

21,656 40,813

25,150 20,257

27

33,000 44,000

130,000 740,181 10,000 15,000 79,216 120,353 1,000 20,000 154,000 5,000 4,000 1,000 45,000 12,000 8,000 4,000 1,000 60,000 6,000 45,000 40,000 55,000 7,000 35,000 35,000 7,000 11,000 25,000 20,000 20,000 15,000 100,000 20,000 20,000 1,000 30,000 35,000

683,244

673,990

320,719

770,000

1,936,750

3,334

3,143

1,581

4,000

49,417

53,622

29,988

60,000

40,611 35,715 46,375 7,112 18,538 26,711

42,489 31,144 77,345 419 25,094 32,708

13,878 17,546 20,678

50,000 45,000 40,000 7,000 30,000 30,000

21,966 27,946 14,856

13,870 21,620

81,200 5,675

7,000 30,000 22,000 20,000 20,000 100,000 20,000

Budget Change

% Old Budget

(5,000) 740,181 10,000 15,000 79,216 120,353 1,000 20,000 154,000 1,000 0 1,000 (5,000) (3,000) 8,000 0 1,000 0 6,000 (5,000) (5,000) 15,000 0 5,000 5,000

96%

4,000 (5,000) (2,000) 0 (5,000) 0 0 20,000 1,000 (3,000) (9,000)

157% 83% 91% 100% 75% 100% 100%

1,159,750

252%

125% 100% 90% 80% 100% 100% 90% 89% 138% 100% 117% 117%

91% 80%

GENERAL FUND 26 EXPENSES: Rustad Account

Object

Description

451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451200 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500 451500

109 110 115 210 220 230 270 285 320 335 340 341 351 352 356 357 383 420 422 427 429 455 492 494 534 535 540 923

Part Time Wages Full Time Wages Overtime Computer Services Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Travel Meetings Electricity Natural Gas Phone Internet Car Allowance Operations Clothing Allowance Repairs Water Meters Safety Snow Removal Buildings Party Supplies Concessions Sports Facility Items Background Checks

2023

2024

133,432

165,082

1,264 1,362

1,905 1,374

83,189 22,469

87,560 10,030

YTD 6/25 81,069

Current Budget 160,000

8,000 10,000 45,456 15,193

95,000 30,000

11,734

12,184

6,355

14,000

72,643

78,352

49,898

66,000

33,475 8,160

28,251 8,105

12,862 2,155

25,000 9,000

64,094 2,181 33,576 5,091

47,506 36,174 5,899

10,850 31,622 1,123 33,886 1,080

30,000 45,000 5,000 30,000 5,000

472,670

482,422

291,548

532,000

2026

Budget Change

% Old Budget

165,000 369,956 5,000 15,000 48,596 60,155 1,000 20,000 83,000 3,000 2,000 1,000 100,000 25,000 4,000 14,000 2,000 80,000 3,000 30,000 9,000 4,000 25,000 50,000 5,000 40,000 5,000 1,000

5,000 369,956 5,000 15,000 48,596 60,155 1,000 20,000 83,000 (5,000) (8,000) 1,000 5,000 (5,000) 4,000 0 2,000 14,000 3,000 5,000 0

103%

(5,000) 5,000 0 10,000 0 1,000

83% 111% 100% 133% 100%

1,170,706

633,706

220%

38% 20% 105% 83% 100% 121% 120% 100%

GENERAL FUND 26 EXPENSES: Vets Arena Account

Object

Description

453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900 453900

109 110 112 115 210 220 230 270 285 320 335 340 352 354 356 357 410 420 422 424 427 429 455 528 530 534 535 641 642 923

Part Time Wages Full Time Wages Concession Wages Overtime Computer Services Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Travel Natural Gas Lights / Compr / Mech Phone Internet Office Supplies Operations Clothing Allowance Gas / Oil Repairs Water Meters Safety Building / Grounds Ice Resurfacer Party Supplies Concessions Equipment Equipment Pmt Background Checks

2023

2024

YTD 6/25

Current Budget

45,627

81,175

33,391

60,000

17,863

17,565

13,416

23,000

150 176 38,305 160,208

315 309 19,348 173,267

1,795 21,214 80,932

5,000 3,000 60,000 195,000

3,589 369 31,574

5,750 925 28,378

2,544 324 21,242

5,000 1,000 31,000

4,012 11,015 4,103

4,641 32,817 2,445

2,711 23,677 1,373

7,000 12,000 8,000

29,957 4,452 143 38,899 7,398

35,728 3,811

5,678 1,703

43,003 12,160

27,497 1,104

30,000 4,000 2,000 45,000 25,000 10,000

397,840

461,637

238,600

526,000

2026

Budget Change

% Old Budget

65,000 187,609 25,000 1,000 5,000 25,075 30,505 1,000 20,000 42,000 3,000 3,000 50,000 195,000 2,000 6,000 1,000 31,000 2,000 6,000 15,000 6,000 3,000 30,000 4,000 0 50,000 25,000 10,000 1,000

5,000 187,609 2,000 1,000 5,000 25,075 30,505 1,000 20,000 42,000 (2,000) 0 (10,000) 0 2,000 1,000 0 0 2,000 (1,000) 3,000 (2,000)

108%

0 0 (2,000) 5,000 0 0 1,000

100% 100% 0% 111% 100% 100%

845,189

315,189

161%

109%

60% 100% 83% 100% 120% 100% 100% 86% 125% 75%

26 EXPENSES: Vets Pool / Shad Wd Account

Object

Description

453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300 453300

109 110 112 115 220 230 270 285 320 335 351 352 356 383 420 423 427 429 455 535 622 623 624 625

Part Time Wages Full Time Wages Concession Wages Overtime Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Electricity Natural Gas Phone Car Allowance Operations Chemicals Repairs Water Meters Safety Concessions SW Operations SW Chemicals SW Repairs SW Water Meters

2023

2024

YTD 6/25

Current Budget

55,299

53,899

15,940

55,000

5,994

5,438

3,007

8,000

6,772 1,891

6,121 821

2,237 478

8,000 2,000

5,317 12,446 7,658 3,126

10,111 10,023 5,373 3,881

2,702 5,155 8,939 202

8,000 14,000 14,000 4,000

14,594

17,366 9,562 1,650 4,229 1,811

6,752 4,850 1,135 4,298 347

113,097

130,285

56,042

2026

Budget Change

% Old Budget

2,000 61,993 (1,000) 1,000 11,429 10,080 1,000 10,000 6,000 1,000 1,000 0 1,000 1,000 2,000 (1,000) (3,000) 1,000

125% 93% 79% 125%

15,000 9,000 3,000 3,000 2,000

57,000 61,993 7,000 1,000 11,429 10,080 1,000 10,000 6,000 1,000 9,000 2,000 1,000 1,000 10,000 13,000 11,000 5,000 2,000 18,000 11,000 3,000 4,000 3,000

104%

3,000 2,000 0 1,000 1,000

120% 122% 100% 133% 150%

145,000

259,503

112,503

179%

88%

113% 100%

26 EXPENSES: Marketing Account

Object

Description

454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000 454000

110 115 210 220 230 270 285 320 335 340 341 356 383

Full Time Wages Overtime Computer Services Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Travel Meetings Phone Car Allowance Website Services Clothing Allowance Advertising Internship Promo Items

422 441 906 925

2023

2024

YTD 6/25

Current Budget

2026

Budget Change 114,150 1,000 5,000 11,223 18,561 1,000 10,000 25,000 1,000 1,000 1,000 1,000 1,000 5,000 1,000 0 (5,447) 0

100% 64% 100%

191,488

366%

64,575 9,075 6,097

14,845 754 806

50,000 15,000 7,000

114,150 1,000 5,000 11,223 18,561 1,000 10,000 25,000 1,000 1,000 1,000 1,000 1,000 5,000 1,000 50,000 9,553 7,000

79,747

16,404

72,000

263,488

% Old Budget

26 EXPENSES: Recreation Account

Object

Description

456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000 456000

110 115 210 220 230 270 285 320 335 340 341 356 383 422 540 901 902 903 904 905 906 907 908 909 910 911 912 913 914 916 917 918 919 920 921 922 923

Full Time Wages Overtime Computer Services Payroll Taxes / WSI Retirement Payroll Liabilities City of West Fargo Fee Health Insurance Professional Devel Travel Meetings Phone Car Allowance Clothing Allowance Pickleball Ball Program Basketball Metro Basketball Youth Creative Arts Flag Football Internship Preschool Programs Rummage Sale Science Tech Senior Programming Shooting Sports Skating Soccer Special Events Tennis Theater Volleyball Adult Volleyball Youth Warminghouse Frostival Ballfield Concessions Background Checks

2023

2024

YTD 6/25

Current Budget

47,855 30,072 5,056 14,811 39,524 29,285 15,313 2,312 7,892 10,319 9,487 31,029 12,587 50,381 6,232 6,638 28,104 24,710 6,235 4,435 18,424

19,453 395 3,047 5,066 13,177 9,777 6,563 132 681 990 6,920 14,770 7,570 29,325 2,267 1,440 22,072 10,897 23,519 646 15,391

60,000 40,000 6,000 16,000 33,000 30,000 12,000 5,000 10,000 10,000 9,000 15,000 14,000 47,000 8,000 7,000 30,000 23,000 20,000 4,000 14,000

400,701

194,099

413,000

2026

Budget Change

324,992 5,000 15,000 51,884 52,844 1,000 20,000 54,000 4,000 4,000 1,000 3,000 3,000 3,000 5,000 55,000 35,000 6,000 15,000 42,000 30,000 15,000 0 10,000 10,000 10,000 30,000 14,000 60,000 7,000 7,000 25,000 25,000 0 0 18,000 15,000

324,992 5,000 15,000 51,884 52,844 1,000 20,000 54,000 4,000 4,000 1,000 3,000 3,000 3,000 5,000 (5,000) (5,000) 0 (1,000) 9,000 0 3,000 (5,000) 0 0 1,000 15,000 0 13,000 (1,000) 0 (5,000) 2,000 (20,000) (4,000) 4,000 15,000

976,720

548,720

% Old Budget

92% 88% 100% 94% 127% 100% 125% 0% 100% 100% 111% 200% 100% 128% 88% 100% 83% 109% 0% 0% 129%

236%

EXPENSES: Total Fund

Description

2023

2024

YTD 6/25

Current Budget

2026

Mills

Budget Change

% Old Budget

8050-8055 8060 8100 - 8130 8220 - 8640 8700 - 8750 8800

Specials Recreation Debt Service PID Debt Service Improvements Reserves

979,451 1,058,678 782,438 1,620,327 226,700 0

1,055,366 1,075,000 841,457 1,677,287 374,123 0

932,552 0 938,357 1,307,176 162,286 0

1,040,000 1,303,480 1,780,000 1,605,000 1,585,000 1,750,000

1,010,000 1,355,000 1,955,000 1,600,000 2,000,000 1,850,000

3.5 5.0 6.6 0.0 0.0 0.0

(30,000) 51,520 175,000 (5,000) 415,000 100,000

97% 104% 110% 100% 126% 106%

4,667,594

5,023,233

3,340,371

9,063,480

9,770,000

15.1

706,520

108%

EXPENSES: Special Assessments Fund

Description

2023

2024

YTD 6/25

Current Budget

2026

Mills

Budget Change

% Old Budget

8050 8053 8055

Specials; City of WF Specials; Refi 2017 Specials; Refi 2020

227,325 521,913 230,213

345,940 484,313 225,113

343,090 398,006 191,456

350,000 460,000 230,000

335,000 460,000 215,000

1.2 1.6 0.7

(15,000) 0 (15,000)

96% 100% 93%

979,451

1,055,366

932,552

1,040,000

1,010,000

3.5

(30,000)

97%

EXPENSES: Rec

Current Budget

2026

Mills

Budget Change

% Old Budget

1,075,000 42,257

1,303,480 55,000

1,355,000 82,845

4.7 0.3

51,520 27,845

104% 151%

1,117,257

1,358,480

1,437,845

5

79,365

3

Fund

Description

2023

2024

8060 8060

Debt Service (Trf Out) Improvements

1,058,678 50,575 1,109,253

YTD 6/25

EXPENSES: Debt Service PID (Mills) Fund

Description

2023

2024

YTD 6/25

8100 8100 8105 8115 8120 8125 8126 8130

Debt S; 21-1 Shop Debt S; 21-2 Maple Debt S; 21-3 NE Debt S;19 SE+ Debt S; 23 R3 Debt S; 24-1 Rendz Debt S; 24-2 Rstd Prkg* Debt S; 25 VMA 1/2

214,049 132,702 278,604 157,083

214,049 140,660 332,815 153,933

214,049 140,660 244,358 133,686 164,596 41,008

782,438

841,457

938,357

Current Budget

2026

Mills

Budget Change

% Old Budget

0.8 0.5 1.2 0.6 1.7 0.6 0* 1.3

0 0 0 0 0 (30,000) 50,000 155,000

100% 100% 100% 100% 100% 85%

210,000

220,000 150,000 340,000 160,000 500,000 170,000 50,000 365,000

1,780,000

1,955,000

6.6

175,000

110%

220,000 150,000 340,000 160,000 500,000 200,000

174%

EXPENSES: Debt Service (No Mills) Fund

Description

2023

2024

YTD 6/25

Current Budget

2026

Mills

Budget Change

% Old Budget

8220 8221 8230 8420 8535 8630 8635 8640

Debt S; Rustad 15 Debt S; Rustad 17, 18 Brooks Harbor PID 17 Goldenwood PID 16 Debt S; Vets Pool 13 Shadow Wd / MR PID 11 Rivers Bend PID 14 Dakota PID 19

416,290 569,045 30,950 45,248 172,530 149,050 116,495 120,719

418,369 558,461 30,450 44,453 171,780 216,235 114,295 123,244

324,934 432,553 24,925 37,085 160,490 127,000 96,705 103,484

416,000 567,000 30,000 43,000 172,000 141,000 113,000 123,000

417,000 562,000 30,000 43,000 172,000 140,000 110,000 126,000

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1,000 (5,000) 0 0 0 (1,000) (3,000) 3,000

100% 99% 100% 100% 100% 99% 97% 102%

1,620,327

1,677,287

1,307,176

1,605,000

1,600,000

0.0

(5,000)

100%

EXPENSES: Improvements

Current Budget

2026

Mills

Budget Change

% Old Budget

117,487 30,000

44,251 18,108 19,773 58,704 21,450

700,000 90,000 45,000 25,000 425,000 300,000

850,000 125,000 50,000 25,000 500,000 450,000

0.0 0.0 0.0 0.0 0.0 0.0

150,000 35,000 5,000 0 75,000 150,000

121% 139% 111% 100% 118% 150%

374,123

162,286

1,585,000

2,000,000

0.0

415,000

126%

Fund

Description

2023

2024

YTD 6/25

8700 8705 8710 8720 8725 8750

Capital Improvements VMA Capital Imp. Sponsorship Park Capital Imp. Rustad Capital Imp. Deferred Maintenance

25,000 59,847

161,144 65,492

73,014 68,839

226,700

EXPENSES: GF Reserves Fund

Description

8800

General Fund Reserves

2023

2024

YTD 6/25

Current Budget

2026

Mills

Budget Change

% Old Budget

1,750,000

1,850,000

0.0

100,000

106%

1,750,000

1,850,000

0.0

100,000

106%