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Text Box: levy will be. But our expectation is that it will be much lower. We cannot stress enough that these are merely proposals recommended by the Board. It has to be approved by those who attend the meeting, namely you. At the Budget Hearing the Board will explain its rationale. At the Annual Meeting you will make the final call. The Board has worked hard to find a balance between assuring that we have the flexibility needed to keep the Lake healthy, against the realities of our economy, today. Some have expressed concern over diminished pan fish populations . And some have expressed concern regarding the advancement of chara throughout our lake. Others have noted that our lake is getting shallower as more sediment accumulates. We hope you will come

Text Box: Once again, it is time to consider a new budget. In the face of the continuous barrage of bad news in the media , the Board is in the position of submitting some good news— namely the prospect of lower taxes, at least for our district. A second harsh winter coupled with an amazingly mild summer (so far) has once again reigned in our aquatic plant population to the point that we have only needed one harvesting and no chemical treatment at all, leaving us with a substantial budget surplus. As recently as 2007 we were spending upwards of $17,000 on plant management. In 2008 and 2009 we are struggling to even spend $5000. But just as it was impossible in 2007 to predict what would come in 2008 and 2009, we still cannot second guess what 2010 will bring us. With that in mind the Board is recommending that the

Text Box: total budget remain approximately the same. The two changes the Board proposes involve an increase in the Contingency Fund to $5000 and adding an additional line item for Fish Stocking at $2000 (only for 2010). We are anticipating a surplus ranging between $25,000-$30,000 by year’s end depending upon the need for any late summer harvesting or chemical treatment. So offsetting this surplus against the total proposed budget leaves us with an amount ranging between $7,000-$12,000 to be raised through taxes. The Board therefore recommends that the Special Levy, now at $125, be reduced to $75 per riparian owner, with the remaining balance to be covered by the mil levy. We won’t know the total assessed value of the District by the time of the meeting so we cannot predict what the

Rounded Rectangle: Your Board of Directors Bill Pegler—Chair (whpclp@maqs,net) Jody Pobjecky—Secretary( Westfield@maqs.net) Larry Nelson—Treasurer (bulldogb@maqs.net) Bob Cropp—Director(racropp@wisc.edu) Paul Reed —Director(pauloreed@msn.com) Dan Henning - Town Representative (dhenning@tds.net) Al Sebastiani—County Representative (mapres@maqs.net)

Peppermill Lake District

Summer/Fall Issue

Peppermill Lake District News

Highlights:

· Meeting Overview

· Your right to vote

· 2010 Budget summary

· Proposed agenda