The municipal council for the Village of Charlo has approved the 2017 General Operating Fund Budget and the 2017 Water and Sewer Utility Operating Fund Budget during a special meeting which was held on December 20th , 2016.
The total budget for the General Operating Fund is $ 1,448,177 Non Tax Revenue of $ 178,150 and Community Funding and Equalization Grant of $ 100,301 leaving a Warrant to be raised by a local rate of $ 1,169,726. The tax rate for 2017 will increase to 1.4506 per $100.00 of evaluation.
The total budget for the Water and Sewer Utility Operating Fund is $ 297,699 with revenues from own and other sources of $ 39,584 leaving a Net Budget to be raised from user charges of $258,115.
The water and sewerage will remain the same as last year.
Water $231.00/yr. or equal billing of $57.75 .
Sewerage $300.00/yr. or equal billing of $75.00
This means that a residence with both services will pay a yearly amount of $ 531.00 or billed in equal amounts of $ 132.75.