Loading...
HomeMy WebLinkAbout2024 July Payment 70266State of Wisconsin · DEPARTMENT OF REVENUE DIVISION OF STATE AND LOCAL FINANCE · BUREAU OF LOCAL GOVERNMENT SERVICES · 2135 RIMROCK RD MADISON, WI 53713 Mailing Address: PO Box 8971 #6-97 Madison WI 53708-8971 Fax: (608) 264-6887 lgs@wisconsin.gov July 22, 2024 DIANE BARTLETT CITY OF OSHKOSH 215 CHURCH AVE, PO BOX 1130 OSHKOSH WI 54903-1130 Notice of Shared Revenue – July Distribution Notice Information The Wisconsin Department of Revenue (DOR) will distribute the following shared revenue amounts to your local government on July 25, 2022. Under state law, this distribution includes county and municipal aid, utility aid, supplemental county and municipal aid, and expenditure restraint incentive program aid. (sec. 79.02, Wis. Stats.) Payment Summary Review the back of this notice for a detailed explanation of your payment. July Distribution 1. County and municipal aid 2. Utility aid 3.Supplemental county and municipal aid 5.Total Payment (sum of Lines 1-4) Note: The balance of your shared revenue will be distributed on November , . Contact Information If you have questions, contact us at lgs@wisconsin.gov, District County Co-muni code (608) 266-8618, or (608) 261-5167. 4.Expenditure restraint incentive program aid 2024 22 2024 CITY OF OSHKOSH WINNEBAGO 70-266 2024 $1,441,365.54 $15,352.95 $288,295.60 $1,588,811.82 2024 $3,333,825.91 2024 18 2024 Adjustment Information Under state law, the following adjustments are applied to municipal and county shared revenue distributions: ·Manufacturing Assessment Fee – if this fee is not paid by March 31 of each year, the state reduces the shared revenue payment by the amount of the unpaid fee (sec. 70.995(14)(b), Wis. Stats.) ·Mass Transit Grant Reduction – if a municipality or county receives a mass transit grant under sec. 16.047(4m), Wis. Stats., the state reduces the shared revenue payment by equal amounts for 10 consecutive years (sec. 79.035(7), Wis. Stats.) ·Tax Incremental District Annual Report Fee – if Form PE-300: Tax Incremental District Annual Report is filed late and the late filing fee is not paid, the state reduces the shared revenue payment by the amount of the unpaid fee ·County Child Welfare Reduction – for the provision of child welfare services in a county with a population of more than 750,000, the state reduces the shared revenue payment by a predetermined amount (sec. 48.561(3)(a)3., Wis. Stats.) ·Levy Limit Penalty – if the allowable property tax levy limit is exceeded, the state reduces the shared revenue payment by the amount of the excess property tax levy in the following year(s) (sec. 66.0602(6), Wis. Stats.) Payment Detail Review the detail of your July , payment below. July Distribution Original Estimate (issued September, ) 1.County and municipal aid 2.Utility aid 3.Supplemental county and municipal aid 4. Expenditure restraint incentive program aid Calculated July Payment 6.County and municipal aid (15% of Line 1) 7.Utility aid (15% of Line 2) 9.Expenditure restraint incentive program aid (100% of Line 4) Payment (sum of Lines 6-9) Adjustments Total Applied 12.Mass transit grant reduction 13.Tax incremental district annual report late filing fee 14.County child welfare reduction 15.Levy limit penalty (includes and prior years) 16.Total Adjustments (sum of Lines 11-15) Final July Payment 17.County and municipal aid (Line 6 less applied adjustments) 18.Utility aid (Line 7 less applied adjustments) 20.Expenditure restraint incentive program aid (Line 9 less applied adjustments) 21.Total July , Payment – this is the total amount listed on Line 5 on the front of the notice (sum of Lines 17-20) 22.Remaining adjustments – this amount is deducted from future shared revenue payments (total adjustments less total applied adjustments) 5. Total Original Estimate (sum of Lines 1-4) 8.Supplemental county and municipal aid (15% of Line 3) 10. Total Calculated July 11.Manufacturing assessment fee 19.Supplemental county and municipal aid (Line 8 less applied adjustments) 22 2024 2024 2024 2023 $9,609,103.58 $102,352.97 $1,921,970.65 $1,588,811.82 $13,222,239.02 2024 $1,441,365.54 $15,352.95 $288,295.60 $1,588,811.82 2024 $3,333,825.91 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 2023 $0.00 $0.00 $0.00 $0.00 2024 $1,441,365.54 $15,352.95 $288,295.60 $1,588,811.82 22 2024 $3,333,825.91 $0.00