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Home My WebLink About2024 Revised Estimate 70266State of Wisconsin • DEPARTMENT OF REVENUE DIVISION OF STATE AND LOCAL FINANCE • LOCAL GOVERNMENT SERVICES • 2135 RIMROCK RD MADISON, WI 53713 Mailing Address: PO Box 8971 #6-97 Madison WI 53708-8971 Phone: (608) 261-5360 Fax: (608) 264-6887 lgs@wisconsin.gov Notice of Shared Revenue – Revised Estimate Notice Information The Wisconsin Department of Revenue (DOR) is providing a revised estimate of shared revenue amounts your local government will receive in 2024 under current state law for county and municipal aid (previously referred to as base shared revenue), supplemental county and municipal aid, utility aid, and the expenditure restraint incentive program. Estimate Information For an explanation of each aid payment below, review the information on this estimate. Revised Estimate 1.County and municipal aid 2.Supplemental county and municipal aid 4.Expenditure restraint incentive program aid 5.Total revised estimate (sum of Lines 1-4) 6.July payment (does not include adjustments) 7.Revised estimate before corrections (Line 5 less Line 6) 8.shared revenue recast correction 9.Total Estimated Payment (sum of Lines 7 and 8) Payment Information •Received the amount on Line 6 less any adjustments on July 22, 2024 (shown above) •Will receive the amount on Line 9 less any additional adjustments on November 18, 2024 (shown above) County and Municipal Aid Under state law, the county and municipal aid paid to each county and municipality must be equal to the amount determined in 2012 (sec. 79.035(5), Wis.), and adjusted for fallen protective services insurance reimbursement (sec. 79.035(8), Wis. Stats.) District County Co-muni code County and Municipal Aid Calculation 1.Original county and municipal aid 2.Fallen protective services insurance adjustment 3.Fallen protective services insurance reimbursement (reported to DOR) 4.Total County and Municipal Aid (sum of Lines 1 – 3) Your local government: 3.Utility aid September 13, 2024 DIANE BARTLETT CITY OF OSHKOSH 215 CHURCH AVE, PO BOX 1130 OSHKOSH WI 54903-1130 2024 2024 CITY OF OSHKOSH WINNEBAGO 70-266 2024 $9,609,103.58 $1,921,970.65 $120,337.17 $1,588,811.82 $13,240,223.22 $3,333,825.91 $9,906,397.31 2023 $0.00 $9,906,397.31November 18, 2024 July 22, 2024 November 18, 2024 $9,609,853.24 -$749.66 $0.00 $9,609,103.58 Utility Aid •Under state law, utility aid is distributed to each county and municipality where tax-exempt utility property is located (sec. 79.04, Wis. Stats.) •Utility companies report utility property information to DOR annually •DOR uses the provided information to accurately calculate utility aid (shown below) Utility Aid Calculation 1. Net book value, as of December 31, 2023 2.Total net book value payment 3.Minimum payment 4. Megawatt capacity 5. Megawatt capacity payment 6. Closed/decommissioned production plant (phased down) payment 7. Subtotal (sum of Lines 2, 3, 5 and 6) 8. Population cap 9. Adjusted subtotal (lesser of Line 7 or Line 8) 10. Adjacent site incentive payment 11. Baseload incentive payment 12.Co-generation incentive payment 14.Total incentive payments (sum of Lines 10 through 13) 15.Spent nuclear fuel payment 16.Total Utility Aid – this is the utility aid payment listed on the front of the estimate (sum of Lines 9, 14 and 15) Expenditure Restraint Incentive Program (ERIP) •Only municipalities are eligible to receive ERIP payments •To qualify for a ERIP payment, a municipality must meet both of the following requirements: o municipal TID Out property tax rate must be greater than five mills o to municipal net general fund budget increase must be less than the allowable percentage provided on your municipality's •Does your municipality qualify for a budget limit notice ERIP payment? (check appropriate box) [ ] Yes [ ] No Recast Corrections •Under state law, DOR can correct prior year shared revenue distributions (sec. 79.08, Wis. Stats.) •DOR identified the corrections below to your shared revenue distributions Recast Corrections 1.County and municipal aid correction 3.Utility aid correction 4.Expenditure restraint program aid correction 5.Total Shared Revenue Recast Correction – this is the recast correction listed on the front of the estimate (sum of Lines 1-4) 2.Supplemental county and municipal aid correction Supplemental County and Municipal Aid Under state law, the supplemental county and municipal aid paid to each county and municipality must be equal to the amount estimated for 2024 (sec. 79.037, Wis. Stats.). Supplemental County and Municipal Aid Calculation 1.Original supplemental county and municipal aid 3.Total Supplemental County and Municipal Aid (sum of Lines 1-2) 2.Adjustments 13.Alternative energy incentive payment $1,921,970.65 $0.00 $1,921,970.65 2023 $20,056,195.00 $120,337.17 $0.00 0.0 $0.00 $0.00 $120,337.17 $28,579,125.00 $120,337.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $120,337.17 2024 2022 2022 2023 2023 2024 x 2023 2023 $0.00 $0.00 $0.00 $0.00 2023 $0.00 Contact Information If you have questions, contact us at lgs@wisconsin.gov or (608) 266-8618 or (608) 261-5167.