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HomeMy WebLinkAboutExecutive Committee - Agenda - 3/14/2019K:\Executive Committee\2019 Excecutive Committee\AGENDA\Exec Comm Notice Agenda 2019-03-14-Amended.doc Bayfield County Administrator 117 E 5th Street, PO Box 878, Washburn, WI 54891 Ph: 715-373-6181 Fx: 715-373-6153 Mark Abeles-Allison, County Administrator Kristine Kavajecz, Assistant BAYFIELD COUNTY EXECUTIVE COMMITTEE MEETING Brett T. Rondeau, Chairman Tom Gordon Fred Strand Dennis Pocernich Jeff Silbert, Vice-Chairman Jeremy Oswald AMENDED March 11, 2019 Dear Committee Members: This letter is written to inform you of the Bayfield County Executive Committee Meeting scheduled for Thursday, March 14, 2019, 4:00pm, at the Emergency Operations Center (EOC), Bayfield County Annex Building, Washburn, WI. The agenda for this meeting is as follows: Notice is hereby given that a majority of the Bayfield County Board may be present at the meeting to gather information about a subject over which they have decision-making responsibility. This constitutes a meeting of the Bayfield County Board pursuant to State ex rel. Badke v. Greendale Village Bd., 173 Wis. 2d 553, 494 N.W.2d 408(1993), and must be noticed as such, although the County Board will not take any formal action at this meeting. 1) Call to Order: 2) Public Comment: 3 minutes per person 3) Approval of Minutes of February 14, 2019. 4) Discussion and Possible Action, Solar RFP release 5) Discussion regarding Housing Planning and CDBG Housing Planning Grant 6) K9 Program Presentation, Sheriff’s Office 7) Discussion and Possible Action, 2019 Construction Project RFP 8) Discussion and Possible Action Regarding Social Media Policy K:\Executive Committee\2019 Excecutive Committee\AGENDA\Exec Comm Notice Agenda 2019-03-14-Amended.doc 9) Discussion and Possible Action Regarding Highway 5-Year Financial Plan, 2020 Financing Discussion and recommended directions for 2020 Budget. 10) Discussion and Possible Action, Bayfield County Passport Program 11) Reports: a) Financial Report, end of February. b) UW Madison Intern Program c) Governor’s Budget d) CCS program Update e) Mineral Report f) Emergency Volunteers / Personnel g) Opioid/Methamphetamine Epidemic/Crisis Effort 12) The Committee may entertain a motion to move in and out of Closed Session pursuant to §19.85(1)(e)(g), deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. a) Tower Antenna Contract Negotiation 13) Adjourn EXEC COMMITTEE NARRATIVE, March 14, 2019 Item 4: At our January meeting we discused the proposed solar project effort going on between the School, City and County. All three entities have applied for state funding. The City and School District of Washburn are proceeding to bid with the project. The proposed Bayfield County project involves 160 KW dc of solar in back of the jail and on the highway garage in Washburn. Plus the Bayfield WWTP. This about 25% of the region’s total for the project. Bayfield County has received one small grant for the project. Another grant in the amount of $105,000 is currently under review. Total project cost estimate is: $309,780. With grants we estimate expense to the county at $204,000. Utility savings are estimated at $16,070 the first year, growing as rates increase over the next 25 years. Cumulative cash flow is $292,000 after / in addition to the county’s $204,000 and grants are included / paid off. This provides for an IRR (internal rate of return) of 7.4% over the term. This projection includes a 3% annual escalator for electric rates. Item 5: A variety of housing projects are underway in Washburn and Bayfield researching new housing opportunities for residents and workers. Kellie Pederson, Bayfield County Community Development Educator has done some research into Housing Planning Studies. Several counties around us have used these studies as a jumping off point for identifying needs and attracting developers to address those specific needs and areas, in some cases through the use of tax credits. Kellie will share some background on the topic and possible sources of grant funding through the Department of Administration, CDBG Housing project. Adjacent counties, Barron, have adopted a cooperative approach sharing cost amongst multiple units of government interested and concerned about the topic. In Barron, developers waited eagerly for the results. Item 6. At the last meeting the Executive Committee approved proceeding with the K9 program in 2020. I have asked the Sheriff to share timelines, budget estimate and program organization information. A representative with the Sheriff’s Office will be present for a review. Item 7. The 2019 budget has funding for several engineering and design projects. Projects included are listed below. In light of the national discussion on infrastructure funding it is good for the county to have a variety of projects “shovel ready”. • Build out of the lower level human services offices space (4 offices) including walls, ceilings, electrical, lighting, hvac, computer cabling, etc. Potential 2020 funding project. • Paving design of two highway parking lots including, aesthetics, geo- technical, site surveys, water runoff, salt containment, future site development. Potential 2020 construction project. • Jail Renovation addition for 2 new holding cells (one padded) and conversion of huber cell back to dorm. Funds for construction are included in the 2019 contingency budget. We have sent out RFPs and supporting materials. Responses are due Wednesday, March 13. To date we have seven firms that have requested copies of supporting materials with at least three site visits anticipated. At the meeting, we will review results with possible recommendations on the projects. We may also want to take an additional step of proceeding with interviews of selected engineers/designers. Item 8: The attached social media policy is for our Personnel Manual. This will help provide general guidance to all departments as we expand more into social media as a method of communicating with constituency. Item 9. Over the past several months the Executive and Highway Committees have reviewed the draft five year highway financial plan. As we prepare to move into budget season for 2020 a direction on how to proceed should start to develop. The specific issue is, can the county continue to afford $1.5 million (or more as was required in 2018 and likley in 2019). And if not, where we want to secure the funding. Options and examples include: • The wheel tax. • Short term (annual) borrowing. The current county mill levy is 3.7 mills. One mill generates $2.6 million. If we were to borrow $750,000 a year this is approximately .28 mills. .28 mills equals $28 a year for a home with a valuation of $100,000 • Long or longer term bonding. We could borrow a lump sum of $4.5 million dollars every three years and aggregate our expenditures into a large periodic project. I would like to get some recommendations on how to proceed to prepare in earnest for the April meeting, possibly going to the full board in April or May for approval. Item 10: The County received notification that the passport program would be discontinued. A copy of the notice is in the packet. Item 11. • Attached is the financial report for end of February. Overall we are looking good. Transfers from the General fund occurred earlier this year than last. • UW Extension / Madison has annouced a pilot intern program this year, we are investigating how we can expand summer program efforts with Mary Pardee and Educators. • The Governors Budget was analyzed by WCA. Here is the link. We will discuss some specific impacts on Bayfield County at the meeting. https://www.wicounties.org/uploads/budget_documents/final-budget- summary-march-8.pdf UPDATED MARCH 8. • Elizabeth Skulan has prepared this update o On February 1, 2019 New Horizons North gave notice to end administering the CCS programs in Ashland and Bayfield Counties on March 2nd and CSP on March 12th o Bayfield and Ashland representatives met with NHN Board on February 8, 2019 o After the meeting, NHN requested extension of contract to April 30, 2019 o Extension was granted in Bayfield County for CCS with a commitment that program restructure and cost efficiencies would be implemented immediately o Bayfield County asked NHN to extend notice on CSP program until March 18th, rather than April 30, 2019, request was granted o Bayfield County is transitioning the CSP program to Northland Counseling on March 18th, Northland Counseling is in the process of obtaining certification for CSP o NHN has laid off a number of staff in as the organization and programs are restructured o NHN is contracting with other local organizations for some of the service array o NHN has paid third party vendors for CCS and CSP services provided to Bayfield County residents in 2018 o NHN and Bayfield County are both reaching out to clients to reduce anxiety, identify and remediate any gaps in service • Will have update on minerals rights at the meeting. • The Personnel Committee has asked for a draft policy encouraging volunteers in the emergency services. It would allow employees to leave work for call outs and provide a certain number of paid hours a month to do so. The policy is intended to help encourage other municipalities and businesses to offer the same / similar benefits. • The Opioid / Meth Epidemic Effort will provide one educational program at each meeting. This months focus area is : proper disposal of unused medicines. SHEET 1: Summary of Cash Flow - Input values shaded blue Bayfield County Combined Jail + Garage - $.40 RECIP System Size (KW DC)160.58 Prod/kW/yr 1213 Annual Prod.194,784 kwh Degradation 0.50% Electric Rate $0.0825 Escalator 3%27,500$ RECIP Rate $0.40 RECIP Grant $77,913 Price/kW $1,929 System Price $309,780 Inflation 2%No Yes 1.5% Investment Tax Rate 0%SREC Rate 0%Levelized Cost w/o incentive 0.068$ No ITC $0 $0.045 w/tax credit 0.045$ Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 Production (KWh)194,784 193810 192841 191876 190917 189962 189013 188068 187127 186192 185261 184334 183413 Electric Rate 0.083 0.085 0.088 0.090 0.093 0.096 0.099 0.101 0.105 0.108 0.111 0.114 0.118 Production ($)$16,070 $16,469 $16,878 $17,298 $17,727 $18,168 $18,620 $19,082 $19,556 $20,042 $20,540 $21,051 $21,574 Bonus Depreciation 1 2 3 4 5 6 Basis = 85%60%16%9.60%5.76%5.76%2.88% $0 $0 $0 $0 $0 $0 $0 Summary of Cash Flows Year 1 2 3 4 5 6 7 8 9 10 11 12 13 System Cost ($309,780) Grants 105,413$ Net Cost (204,367)$ Loan -$ Production ($)$16,070 $16,469 $16,878 $17,298 $17,727 $18,168 $18,620 $19,082 $19,556 $20,042 $20,540 $21,051 $21,574 SREC Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Insurance cost ($1,606)($1,638)($1,671)($1,704)($1,738)($1,773)($1,808)($1,845)($1,881)($1,919)($1,957)($1,997)($2,037) Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Principle Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Tax Credit $0 Tax: Savings (Owed)$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 After Tax Cash Flow (204,367)$ $14,464 $14,831 $15,208 $15,594 $15,989 $16,395 $16,811 $17,238 $17,675 $18,123 $18,583 $19,054 $19,537 Cumulative Cash Flow ($204,367)(189,903)$ (175,072)$ (159,864)$ (144,271)$ (128,281)$ (111,886)$ (95,075)$ (77,837)$ (60,162)$ (42,039)$ (23,456)$ (4,402)$ 15,135$ IRR NPV Income Tax Analysis Income before Depr.$14,464 $14,831 $15,208 $15,594 $15,989 $16,395 $16,811 $17,238 $17,675 $18,123 $18,583 $19,054 $19,537 Deprec. Expense $0 $0 $0 $0 $0 $0 Taxable Gain (Loss)$14,464 $14,831 $15,208 $15,594 $15,989 $16,395 $16,811 $17,238 $17,675 $18,123 $18,583 $19,054 $19,537 Tax: Savings (Owed)$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Debt Financing Loan Amount -$ Term 10 Rate 4.00%Annual Pmt $0 Principle Balance -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Interest $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Principle $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 EI Grant Levelized Cost w/ incentive Use Tax Credit?NPV Discount Rate SHEET 1: Summary of Cash Flow - Input values shaded blue Bayfield County Combined Jail + Garage - $.40 RECIP Year Production (KWh) Electric Rate Production ($) Summary of Cash Flows Year System Cost Grants Net Cost Loan Production ($) SREC Revenue Insurance cost Interest Expense Principle Payments Tax Credit Tax: Savings (Owed) After Tax Cash Flow Cumulative Cash Flow IRR NPV Income Tax Analysis Income before Depr. Deprec. Expense Taxable Gain (Loss) Tax: Savings (Owed) Debt Financing Principle Balance Interest Principle 14 15 16 17 18 19 20 21 22 23 24 25 Sum 182496 181583 180675 179772 178873 177979 177089 176203 175322 174446 173573 172706 4,588,312 0.121 0.125 0.129 0.132 0.136 0.140 0.145 0.149 0.153 0.158 0.163 0.168 $22,110 $22,660 $23,223 $23,800 $24,391 $24,997 $25,618 $26,255 $26,907 $27,576 $28,261 $28,964 14 15 16 17 18 19 20 21 22 23 24 25 $22,110 $22,660 $23,223 $23,800 $24,391 $24,997 $25,618 $26,255 $26,907 $27,576 $28,261 $28,964 $547,838 $0 $0 $0 $0 $0 $0 $0 ($2,077)($2,119)($2,161)($2,204)($2,249)($2,293)($2,339)($2,386)($2,434)($2,483)($2,532)($2,583) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $20,033 $20,541 $21,061 $21,595 $22,143 $22,704 $23,279 $23,869 $24,474 $25,094 $25,729 $26,381 $496,404 35,168$ 55,709$ 76,770$ 98,366$ 120,508$ 143,212$ 166,491$ 190,360$ 214,833$ 239,927$ 265,656$ 292,037$ 3.0%5.9%7.4% $25,005 $108,447 $196,226 $20,033 $20,541 $21,061 $21,595 $22,143 $22,704 $23,279 $23,869 $24,474 $25,094 $25,729 $26,381 $20,033 $20,541 $21,061 $21,595 $22,143 $22,704 $23,279 $23,869 $24,474 $25,094 $25,729 $26,381 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Sum $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Guidelines for Bayfield County Social Media Account Administration Page administrators must follow the Bayfield County Brand Standards. Content guidelines: • Bayfield County-owned accounts are prohibited from posting content that: o Violates city, state or federal laws and regulations o Is related to legal matters o Endorses any view, product, private business, cause or political candidate/party o Denotes personal opinions as if they were endorsed by Bayfield County • All usage of third party social media platforms must comply with applicable terms and conditions of the platform. • When posting material on social media sites, Bayfield County social media account administrators (hereafter referred to as “BC Admins”) must respect the copyright rights of others. Administrators must gain prior consent from rights holders to distribute or publish recordings, photos, images, video, text slideshow presentations, artwork and advertisements whether those rights are purchased or obtained without compensation. • BC Admins must be aware of sensitive information in their possession, and refrain from publicly posting proprietary, financial, student, patient or similar sensitive or private information. If there is any question as to whether information should be posted, BC Admins may consult with the Bayfield County Administrator or Tourism Director. • Prior to publicly sharing images on social media sites, it recommended that the administrator gain verbal or written consent of individuals to be depicted. • Posts on social media are communications that should be consistent with other forms of communication in the workplace. At all times, posts, comments, and other usage of social media must comply with Bayfield County’s non-discrimination policies as well as federal and state law. • Social media is intended to foster comments on specific topics. Administrators should not pre-approve or screen comments or posts made to Bayfield County-owned pages. • When available on a social channel, implement the use of profanity filters and page- moderation tools that block offensive language. • As a public entity, Bayfield County respects the First Amendment rights of individuals. However, certain Bayfield County social media sites are created for specific purposes, and comments/posts that fall outside of the explicit purpose of the site may be removed for inapplicability to the purpose of the site. • Where appropriate, if the site allows comments or posts by others, include an explicit purpose for the social media page and a statement of Bayfield County’s content. An example of an appropriate statement of purpose is below: This is a page designed to promote Bayfield County as a tourism destination. Bayfield County encourages users to post comments, photos, videos and links that are respectful and related to the promotion of Bayfield County. Postings and comments that include illegal content, profanity, are threatening or incite violence are not welcome on this site and may be removed from this page. You are fully responsible for the content that you share. Postings or comments made by individuals on this page do not necessarily reflect the views or opinions of Bayfield County or any of the County’s departments. This page is not to be used for solicitation of sales or the promotion of any goods or services. We reserve the right to block users who violate the terms and conditions of this platform or who reject the purpose of this page. DRAFT DRAFT DRAFT, March 1 2019 BAYFIELD COUNTY HIGHWAY PLAN, 2020-2024 In 2015 Bayfield County set a goal of 6 miles of highway re-construction per year. This is an ambitious goal for Bayfield County. This goal has involved a commitment of $1.5 million annually (for highway reconstruction) in addition to approximately $1.8 million in operations assistance. The County Board set this goal in 2015 based on board and public input. Public budget surveys over the past several years continue to identify highway repair and maintenance as the number one goal of the county. Since 2015 Bayfield County has committed $1.5 million annually towards highway reconstruction. As the County enters the fifth year of this new program a review and assessment is warranted. This summary highlights the county’s progress on its 6 mile goal, the state of county highways in Bayfield county and future directions. Bayfield County is responsible for the maintenance and upkeep of 170 miles of county highway. This mileage figure has changed very little in the past decade except for a jurisdictional correction on County Highway Y with Douglas County in 2017. Changes in County Highway mileage can occur as a result of new county highway acquisition/construction or county highway transfer. The last transfer made was in the 1990s when County Highway K was transferred to the Town of Russel. Utilizing the industry average of reconstruction once every 20 years this amounts to 8.5 miles per year. County Highway Maintenance occurs annually and includes crack sealing, pot hole filling, road edge grading, lining and snow plowing. County expenditures are shown on the chart below. Costs range from a high of $13,602 per mile in 2018 to a low of $7451 in 2015. Costs are based on Routine and Winter Maintenance. An increase in Winter maintenance will reduce available funds for Routine maintenance. results in a decrease in the other. County Highway Maintenance per mile, 2015 - 2018 (Actuals and as budgeted) Road reconstruction varies based on sub-base quality. In Bayfield County work involves two primary types of reconstruction. 1. Overlay / wedge and overlay. 2. Pulverize and pave: 3. Pulverize and pave with additional gravel • Overlays are commonly done when the base is in good condition, but the surface is deteriorating. Overlays are commonly to a depth of 2" but can go deeper. With this method the elevation of the road is maintained as is. Average cost per mile is $125,000. If rutting is present, then you would do a wedge and overlay for $200,000 per mile. • Pulverize and Pave involves crushing the existing surface to a depth of 4-6". This allows for some base fault issues to be repaired and the road surface contours to be regraded. The new asphalt mat involves at least two, 2" asphalt layers. Estimated cost per mile is $225,000. • Pulverize and Pave with additional gravel: This is similar to the above but is utilized to address more severe base issues and involves adding additional gravel during the pulverizing to provide a stronger base. Estimated cost per mile is $250,000. All of the methods involve contracted labor and equipment for milling, pulverizing and paving. Bayfield County often performs gravel hauling, rough grading and road edge graveling in addition to maintenance. HIGHWAY RECONSTRUCTION HISTORY, 2015-2019 • 2015 7 miles, County Highway G and E, • 2016 7 miles, County Highway E and M • 2017 10 miles, County Highway D • 2018 8 miles, County Highway N and Y • 2019 4 miles, County Highway A, Five-year average is: 7.2 miles. TENTATIVE HIGHWAY RECONSTRUCTION PLANS, 2020-2024 • 2020: County Highway M, (FLAP, cap at $1.02 million, estimated total cost is $2.5 million, county cost $1.48), 5.1 miles • 2021: County Highway M, STP, 80/20, 5.2 miles (estimated county cost, $416k, County Highway F (3.1 miles), $775k. 8.6 miles total. • 2022: County Highway A North: 4.8 miles. $1.2 million • 2023: County Highway E: 6.2 miles / plus 1 mile in the Village of Mason: 7.2 miles. $1.8 million. • 2024: County Highway H: 3 miles, $750k 28.7 miles / 5 years, average 5.75 miles a year Estimated total cost = $6,421,000. Cost per year = $1,284,000 per year. HIGHWAY FUNDING: Bayfield County has allocated $1.5 million in county reserves annually for the past five years. These funds were invested in county highway reconstruction. Due to bountiful forestry harvests, reserves were not diminished. With lower revenues anticipated the county needs to seriously consider how to proceed with highway reconstruction funding in the years ahead. HIGHWAY FUNDING OPTIONS: Across the state as funding for highways has diminished alternatives have been developed. Below please find a listing of options to consider 1. Reduce mileage of annual highway reconstruction to ___ miles a year. 2. Implement less costly, shorter term solutions, ie: mill and overlay, rut wedging, chip seal, etc. 3. Explore cost reduction strategies • Larger projects, bid together, every other year. • Reduce maintenance costs • Other 4. Explore revenue enhancement strategies. • Long term borrowing • Short term / 1-year borrowing • Other RECOMMENDATIONS: Combination of above. United States Department of State Chicago Passport Agency 536 S. Clark St., 9th Floor Chicago, IL 60605 March 8, 2019 Bayfield County Clerk of Court 117 E. Fifth St. Room 107 Washburn, WI 54891 Facility Number 080887 Dear Bayfield County Clerk of Court, The Chicago Passport Agency Customer Service Department is writing in regards to your status as a Passport Application Acceptance Facility. After a thorough evaluation of the region, the Customer Service Office is deactivating facilities that no longer fill an essential need in the community. The Bayfield County Clerk of Court accepted 78 applications in 2017 and 71 in 2018. The surrounding acceptance facilities in the area will be able to assist the population previously served by your facility. The Bayfield County Clerk of Court will be deactivated from the Passport Application Acceptance Facility program effective April 15th, 2019. By the start of business on April 15th, 2019, please remove and destroy all materials relating to the passport application acceptance process including: department forms, facility notices, newsletters, fee schedules, PARG booklets, and any signage and internal website information indicating the facility is an authorized passport acceptance facility. Please return all transmittals that you have on file for the past two years to the Chicago Passport Agency at the address listed above. We would like to thank you and your staff for your dedication and service to the traveling public over the years. We truly appreciate your commitment to the passport acceptance program. The Chicago Passport Agency will keep the Bayfield County Clerk of Court on file for future consideration for the Passport Application Acceptance Program as demand allows. Thank you, Customer Service Department Chicago Passport Agency PPT-CG-CSM@state.gov 312-341-8870 Beginning Balance Account 1/1/2019 January February March April May June July August September October November December Office $1,000.00 $1,000.00 $1,000.00 No. 2 Account $100.00 $100.00 $100.00 Bremer Checking $433,417.81 $824,835.52 $543,911.15 Bremer Money Market $342,972.87 $512,099.32 $4,162,400.13 Bremer Investment Trust $2,035,136.06 $2,045,289.76 $2,049,608.57 H.R.A. / Flex Benefits $1,540,152.90 $2,138,403.75 $2,108,838.47 Jail Assessment $7,788.13 $8,973.86 $10,360.27 # 85.21 $96,858.61 $96,897.48 $97,081.56 Credit Card Acct. (clerk)$1.00 $1.00 $1.00 Credit Card Acct. (taxes)$1.00 $1.00 $1.00 Co Rehab. Fund $52,953.45 $52,975.94 $53,076.58 L.G.I.P.$82,962.37 $83,129.43 $83,303.87 OTHER INVENTMENTS $12,000,000.00 $12,000,000.00 $12,000,000.00 N.L. Debt Service Fund 380 $4,519.05 $4,532.54 $447,558.15 N.L. Collateral Pledges (200K)$203,205.05 $200,317.23 $200,381.08 N.L. Collateral Pledges (72K)$73,563.56 $76,604.17 $75,177.00 (Short Term Loans)$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Ending Monthly Balance $16,874,631.86 $18,045,161.00 $21,832,798.83 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 2018 Balances $20,812,570.87 $23,499,888.91 $23,755,773.98 $23,519,738.72 $23,081,242.60 $22,900,248.27 $32,008,164.17 $22,203,243.28 $21,578,713.04 $21,324,769.20 $21,175,553.33 $16,874,631.86 2017 Balances $20,923,479.36 $24,882,039.31 $23,116,826.95 $22,990,456.96 $22,628,007.19 $23,528,937.74 $32,965,824.56 $23,697,897.80 $20,311,997.35 $19,979,973.63 $19,908,168.56 $19,187,234.41 2016 Balances $19,614,812.17 $22,687,249.11 $23,710,009.04 $22,854,702.81 $22,938,784.63 $23,125,197.77 $32,235,685.99 $23,825,526.13 $21,521,323.85 $21,550,842.27 $21,050,046.46 $20,077,235.25 2015 Balances $17,667,630.09 $21,186,444.09 $22,263,556.87 $21,030,287.90 $20,901,022.81 $20,768,338.22 $33,140,667.23 $20,567,555.45 $20,979,539.97 $19,538,852.72 $19,732,588.28 $19,558,422.50 2014 Balances $15,353,101.08 $18,902,722.81 $19,639,536.71 $19,840,176.31 $18,716,226.11 $18,824,505.68 $28,878,016.44 $19,645,475.42 $19,605,134.87 $19,144,107.69 $18,337,111.23 $17,001,367.41 2013 Balances $13,671,878.17 $17,127,439.81 $16,850,264.63 $16,604,205.83 $16,061,712.31 $16,038,306.37 $25,686,005.32 $16,745,815.39 $16,850,444.00 $16,163,054.77 $15,467,550.44 $14,638,985.94 $209,000.00 Prom. Note $51,629.06 $20,050.37 $20,050.37 (I.R. Incubator Bldg-June 2003) $200,000.00 Inv. Agreem.$200,000.00 $200,000.00 $200,000.00 (I.R. Incubator Bldg.-June 2003) $240,019.64 World Class Loan $168,869.57 $167,000.97 $166,037.73 (Bayfield- Nov. 2009) Totals $420,498.63 $387,051.34 $386,088.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TREASURER'S REPORT 2019 End Of Month Account Balances Notes / Agreements - (Principal Balance)