For a second consecutive year, the Village of Wind Point is a recipient of the Governmental Finance Officers Association (GFOA) Distinguished Budget Presentation Award for its
2017 Budget document . The award reflects the Village’s commitment to meeting the highest principles of governmental budgeting and organizational transparency. In order to receive the budget award, the Village had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as: 1) a policy document, 2) a financial plan, 3) an operations guide and 4) a communications device. A total of 19 municipalities in Wisconsin received the award in 2016 and Wind Point was the lone recipient in Racine County.
Village Starts 2018 Budget Process
The Village Board and staff have started work on the 2018 Village Budget. The Personnel Finance and Insurance Committee (PFIC) met on August 7 for an initial budget workshop and laid out the 2018 Budget timeline, which is as follows:
- August 7 at 11:15 a.m. – PFIC reviews 2017 year-to-date and projected figures. Provide direction to staff on preparing the 2018 Budget.
- August 23 – October 15 – Standing Committees review 2018 Budget requests.
- August 28 at 11:15 a.m. – PFIC discuss personnel reviews and 2018 wage schedule.
- September 20 at 9 .a.m – PFIC reviews initial draft 2018 Budget.
- October 12 at 5:30 p.m. – Village Board reviews full draft budget at regular meeting.
- October 25 – Administrator/Clerk-Treasurer publishes budget summary and public hearing notice (State statutes require posting at least 15 days before hearing).
- November 9 – 2018 Budget Public Hearing and Village Board adoption.