Financials
Governance
Municipal Budget
When preparing the operating and capital budgets, the Village of Muenster carefully considers the level of service provided to residents and businesses, sustainable growth challenges, capital replacement needs, new asset investments, and long-term reserve planning. Council priorities and taxpayers’ ability to fund services are also key factors in the budgeting process.
Operational Budget PDF
View the summary of this years budget.
Capital Project Budgets
View the capital budget summary for this year.
Audited Financial Statement
View our audited annual financials.
Council Budget Policies
- 4% of UT expenses put towards UT Reserves annually (2024 4% of 264,339 = $10,537.56)
- Pay for Shop debenture $14,728.70 annually out of our Operating account
- Pay for Lift Stn debenture $17,764.53 annually out of the Cap Trust Amort Reserve fund or use the Utility Reserve Fund
- Pay for Water Reservoir debenture $8,814.74 annually out of the Cap Trust Amort Reserve fund or use the Utility Reserve Fund
- Factor Asset Amortization expenses into operating budget annually based on current year’s depreciation values
- New Subdivision developments would pay for itself
