FRIDAY MEMO
To: Town Board Members
From: John Olson, Town Administrator
Date: November 15, 2024
Please take time to read this week’s Friday Memo- -a general recap of the week and upcoming news. As always, should you like more information, I ask that you call the office, e-mail or stop in. Thanks for your continued support.
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- At next Tuesday’s Board Meeting, you will be considering the proposal from Accurate Appraisal for 2025-2028 assessment services. 2025 is planned to be a regular maintenance year followed by 2026-2028 total revaluation services to included exterior and interior inspections, where granted permission. The total cost of the proposal is $318,720 + $37/Interior Inspection. Please let me know if you have additional specific questions that were not answered during the Brandon Rusch interview at COW.
- Ehlers has submitted their required Disclosure of Debt Issuance Services for the planned 2025A $9.8M Bond issue planned to close in January. This bond issue includes an additional $3.5M to help fund planned Capital Expenses for 2025-2027 and the balance of approx. $6.3M to refinance existing LT Debt. You will also be voting to approve the Ehlers $50,600 Debt Issuance fees at next Tuesday’s Board Meeting. The resolution to formally issue the debt will be considered at the December Board Meeting.
- At last Monday’s Special Board Meeting, you voted to award the bid to Advia Credit Union for the $867K 1 Year GO Note to help fund EMS & other operational expenses for the 2025 Budget. 4 bids were received with Advia Credit Union being the low bidder with a rate of 5.9% + $1000 loan fee.
- The 2025 Budget Hearing Notice has been published and noticed. The proposed tax levy increase is 6.9%, which the Electors will be considering following the Budget Hearing next Tuesday at 6:00pm. Complete budget details are available and can be emailed or hard copies made available in advance of the Budget Hearing. Please let me know.
- A Short-Term Rental Complaint Hotline is now available 24/7 at 866-257-0149 or online at https://www.harmari.com/tipform-delavan
- All Assessed Values for the Town are available online at accurateassessor.com.
- The Highway Shop is a “free drop-off site” for Waste Oil that is used for heating purposes. We are currently in low supply.
- Enjoy your weekend!!
Meetings next week: Budget Hearing, Tuesday at 6:00pm
Elector Meeting, Tuesday following Budget Hearing to consider vote on the Tax Levy
Special Board, Tuesday following the Elector Meeting to consider vote on the 2025 Budget
Board Meeting, Tuesday following the Budget Meetings