HomeMy WebLinkAboutResolution 2022 (10) Resolution No. 10 (2022)
TR� T RESOLUTION AMENDING 2022 BUDGET (#2)
COVER MEMO
TO: County Board of Supervisors
FROM: Ken Witt, County Administrator
DATE: March 1, 2022
AGENDA ITEM: Resolution Amending 2022 Budget (#2)
BACKGROUND INFORMATION
A budget amendment is needed to reflect the start of the building project in 2022 instead of 2023.
Taking advantage of historic low interest rates will save the taxpayers money in the long run if we
know that, due to growth of the County, we are going to have to expand the Government Center
eventually. With the project financed by debt issuance, St. Croix County has three years to spend the
debt proceeds.
Resolution No. 10 (2022)
TR� LINTY,
RESOLUTION AMENDING 2022 BUDGET (#2)
1 WHEREAS, the St. Croix County Board of Supervisors adopted the 2022 County
2 Budget on November 2, 2021; and
3
4 WHEREAS, St. Croix County Board has been working on developing infrastructure
5 plans to meets the needs of the County as the second fastest growing County in Wisconsin; and
6
7 WHEREAS, St. Croix County has developed a multi-phase space needs plan to
8 accommodate the growth in the County; and
9
10 WHEREAS, the St. Croix County Board of Supervisors are desirous about providing
11 services to the public efficiently; and
12
13 WHEREAS, now is an opportune time to save the taxpayers money by moving the
14 project up one year and issuing debt with interest rates at historic lows.
15
16 NOW, THEREFORE, BE IT RESOLVED,that the St. Croix County Board of
17 Supervisors does authorize the amendment of the 2022-2026 Capital Improvement Plan to move
18 project 405-7140-10105 Government Center Addition reducing the project from $87,000,000 to
19 $79,500,000 and moving from FY23 to FY22 to allow for the start of the design phase of the
20 project in 2022.
Legal—Fiscal—Administrative Approvals:
Legal Note:
Fiscal Impact: Authorizes the start of$79.5M project.
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Heat er wads,Corparatian Cc-uniseI 2/3/2022
41 r �h� S. &
L n an, Finance Dir car 2/4/2022
K4W , a t1y „ dmin r r �° 2/4/2022
02/15/22 Administration Committee RECOMMENDED
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RESULT: RECOMMENDED [UNANIMOUS]
MOVER: Carah Koch, Supervisor
SECONDER: David Peterson, Supervisor
AYES: Long, Koch, Ard, Peterson, Peavey
Vote Confirmation.
Tob Lang Administ,at,idn,Chair i r 2/16/2022
St. Croix County Board of Supervisors Action:
Roll Call -Vote Requirement—Two-thirds Majority of Entire Membership (13)
RESULT: ADOPTED [16 TO 2]
MOVER: Scottie Ard, Supervisor
SECONDER: Dave Ostness, Supervisor
AYES: Schachtner, Anderson, Long, Leaf, Koch, Hall, Feidler, Ostness, Counter,
Hansen, Ard, Tellijohn, Peterson, Anderson, Achterhof, Peavey
NAYS: Paul Berning, Richard Ottino
ABSENT: District 18 Vacant
This Resolution was Adopted by the St. Croix County Board of Supervisors on March 1, 2022
Cindy Campbell, County Clerk