Serving Gogebic, Iron and Ontonagon Counties
Serving Gogebic, Iron and Ontonagon Counties
By DAMIIAN LANG
Wakefield — The Wakefield City Council unanimously approved its 2024-25 fiscal year budget, along with related millage, on Monday evening.
The action followed a public hearing that included no public comment.
Total revenue for the new budget is listed as $5,503,794.
Total millage will be 23.33, including the city’s operational millage of 18.3519, along with remaining millages for the Wakefield Public Library and roads.
A background report by City Manager Robert Brown Jr. said that tax revenue from general and library operations and a road fund are expected to generate $750,050.
The council also approved a resolution that will facilitate the submission of a deficit elimination plan in relation to an $836 deficit in the indirect cost pool fringe benefit fund.
Brown said that a city audit of the 2022-2023 fiscal year caught the error, which he described as clerical.
In other news, the council approved the closure of Eddy Park and several roads in relation to the International Water-Cross Association event set for June 21, 22 and 23.
The IWA expects about 100 racers to participate under the eye of thousands of spectators.
Racers will use specially adapted snowmobiles to run through the water near the public beach. An aerial jump will be included.
Additional entertainment will include food trucks and nightly music.
The Wakefield Fireworks Committee, which secured a permit to hold the races, requested the closures.
The council also approved a resolution that acknowledges Public Act 152, which is the state’s Publicly Funded Health Insurance Contribution Act.
This act limits a public employers’ expenditures for employee medical benefit plans.
The council’s next regular meeting will be on June 24 at 5:30 p.m. in the council chambers of the municipal building.