On the agenda: Weston meeting — DATA CENTER (Mar 10)

South Area Fire & Emergency Response District
OFFICIAL MEETING AGENDA OF THE BOARD OF DIRECTORS
This meeting of the SAFER Board of Directors, composed of a Quorum of members, will convene at SAFER Station #1
Training Room, 224225 Hummingbird Rd., Rib Mountain, WI. on Tuesday, March 10, 2026, at 17:30.
Any interested person may attend the meeting via Microsoft Teams.
Meeting ID: 213 558 653 652 83 Passcode: js3LP2cL
A. Opening of Session
1. Meeting to be called to order by Chairman Maloney at 17:30.
2. Pledge of Allegiance to the Flag.
3. Administrative Assistant will take attendance and roll call.
B. Correspondence/Comments from the public on issues or matters which the SAFER Board of Directors has oversight
over.
C. Consent Items
(The Consent agenda contains routine items and will be enacted by one motion without separate discussion unless
a body member requests an item be removed for separate consideration and vote.)
4. Approval of prior meeting minutes – February 10, 2026.
5. Approval of expenditures and receipts – February 2026.
D. Presentation
6. 2025 Audit
E. Business Items
7. Discussion and possible action on a Resolution to Approve Contributions to Wisconsin Deferred Compensation
Program.
8. Discussion and possible action on Sale of EMS Equipment.
9. End of Month Budget review.
10. Attorney Referral.
F. Staff Reports
11. Report from Fire Chief.
12. Report from Deputy Fire Chief.
G. Remarks from the Board of Directors to set the next meeting date, as well as discuss items for the next meeting
agenda.
H. Adjourn
This notice is posted at the Rib Mountain and Weston Municipal Centers, and on SAFER District’s website at www.saferfd.com, and was emailed
to local media outlets at least 24 hours prior to above scheduled meeting. A quorum of members from other SAFER District, Village of Rib
Mountain, and Village of Weston governmental bodies (boards, commissions, and committees) may attend the above noticed meeting to gather
information. No actions will be taken by any other board, commission, or committee of SAFER / Village / Village, aside from the SAFER Board of
Directors. Should a quorum of other government bodies be present, this would constitute a meeting pursuant to State ex rel. Badke v. Greendale
Village Bd., 173 Wis.2d 553,494 N.W.2d 408 (1993). Wisconsin State Statutes require all agendas for public meetings be posted in final form, 24
hours prior to the meeting. Any posted agenda is subject to change up until 24 hours prior to the date and time of the meeting. Any person who
has a qualifying disability as defined by the Americans with Disabilities Act requires that meeting or material to be in accessible location or format
must contact South Area Fire & Emergency Response District at 715-355-6763 ext. 107, at least 12 hours prior to the meeting so any necessary
arrangements can be made to accommodate each request. All items listed above are for discussion and possible action by the body.

1

OFFICIAL MEETING MINUTES
SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
Board of Directors Meeting
Tuesday, February 10, 2026 @ 17:30
A. Call to Order
The meeting of the South Area Fire & Emergency Response District Board of Directors was called to order at
17:30 by SAFER Chairman Mark Maloney.
Members Present
Board of Directors – Cronin, Kolden, and Maloney (virtual) were all present, Langenhahn and Opall was absent
and excused. Also present: Village of Rib Mountain – Administrator Rhoden; Village of Weston – Administrator
Gebert and Finance Director Trautman; SAFER – Fire Chief Finke, Deputy Fire Chief Lang, EMS Division Chief
Gordon-Haessly, Captain Lohman (virtual), Firefighter C. Allen (virtual), Firefighter T. Allen (virtual), Firefighter
Hanson, and Administrative Assistant Latimer.
B. Correspondence/Comments from the public on issues related to the SAFER District
None
C. Consent Items
Board of Directors approval of prior meeting minutes from January 13, 2026.
Motioned by Cronin to approve prior meeting minutes from January 13, 2026. Seconded by Kolden. Motion
carried 3:0.
Board of Directors approval of expenditures and receipts from January 2026.
Motioned by Kolden to approve expenditures and receipts from January 2026. Seconded by Cronin. Motion
carried 3:0.
D. Presentation
2025 Annual Report
- Deputy Chief Lang gave the presentation.
E. Business Items
Discussion and possible action on Contract with Chippewa Valley Music Festivals.
- Chief Finke said there’s a copy of the contract in your packet, this is for the Chippewa Valley Music Festivals
with Hoof Beat, Rock Fest, and Force Fields. We changed the contract and increased our rate
Action: Motion by Cronin to approve the Contract with Chippewa Valley Music Festivals. Second by Kolden.
Motion carried 3:0.
Discussion and possible action on Investing of Public Funds.
- Chief Finke said myself and Administrative Assistant Latimer met with Kari from Peoples State Bank, to review
our accounts. We talked about potentially investing our money that earns a little bit more interest because
right now we’re in a Public Funds Non-Interest Checking Account and we can move that into a Public Funds
2

Interest Account and on that day the interest was at 3.82%. The money will remain liquid if we need to pull it
out, we can, but there is a set number of transactions of either six or eight per month.
Action: Motioned by Kolden to approve the Investing of Public Funds. Second by Cronin. Motion carried 3:0.
Discussion and consideration to Approve 2025 Budget Surplus transfer to Capital.
- Chief Finke said we don’t have exact dollar amounts yet because the audit is not done. We will have surplus
funds left over from the operating budget from 2025. Like we’ve done in the past is roll those funds into the
Capital for future purchases, so we don’t have to borrow.
Action: Motioned by Cronin to approve the 2025 budget surplus to Capital. Seconded by Kolden. Motion
carried 3:0.
End of Month Budget review.
- Chief Finke said the budget is in your packet, if you have any questions, let me know.
Attorney Referral.
- None
F. Staff Reports
Report from Fire Chief
- Fire Chief Finke said we’ve had three recent fires in the district, one in each Village and one in the Town of
Weston.
- The new ambulance is almost done, and I will be going to get it in the last week of February and will be in
service mid to late March.
- There were several of us that went to the WEMSA conference in Green Bay last week.
Report from Deputy Fire Chief
- Deputy Fire Chief Lang said the report is in your packet and I’ll give you the highlights.
- Personnel report: Firefighter/Paramedic Haessly was promoted to the rank of Engineer. Paramedic class
started January 27th with ten individuals attending.
- EMS & Fire Incidents: EMS and fire responses are there.
- Training: Training hours are listed with topics.
- Apparatus: New Car 2 and Car 6 arrived, Car 2 is not in service yet.
- Fire Prevention/Public Education: Activities are listed.
- Grants/Projects: We did receive the Firehouse Subs Grant.
G. Remarks from the Board of Directors to set the next meeting date, as well as discuss items for the next
meeting agenda.
- Next meeting scheduled for Tuesday, March 10, 2026, at SAFER Station 1.
- Cronin has nothing.
- Kolden said instead of a Press Release change the name.
- Maloney has nothing.
H. Adjourn
Motion by Kolden to adjourn. Second by Cronin. Motion carried 3:0.
Adjourned at 18:24
Respectfully submitted by Cher Latimer, SAFER District Administrative Assistant.

3

SOUTH AREA FIRE & EMERGENCY

Page: 1

Receipt Register - Daily Receipts

Mar 05, 2026 1:05PM

Receipt Dates: 02/01/2026 - 02/28/2026
Receipt
Number

Customer
Number

Category

Customer
Name

Distribution

Description

A D G V

Distribution
Amount

Receipt
Total

Receipt Group 1
1.000000796 MISCEALLAN

Menke GMC

Excess payment N N Y N

131.00

131.00

1.000000797 CHARGES TO

Fire Recovery USA L FIRE FEES - CA FIRE FEES - CA N N Y N

500.00

500.00

1.000000798 CHARGES TO

State of California

AMBULANCE F

AMBULANCE F

N N Y N

114.58

114.58

1.000000799 CHARGES TO

TriCare West Region AMBULANCE F

AMBULANCE F

N N Y N

439.72

439.72

1.000000800 MISCEALLAN

Wisconsin Surplus O

<ENTER DESC

Sale of Med 105

N N Y N

21,352.00

21,352.00

<ENTER DESC

1.000000801 CASELLE MIS

321

Town of Easton

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

9,456.30

9,456.30

1.000000802 CASELLE MIS

326

Town of Ringle

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

14,100.66

14,100.66

1.000000803 CASELLE MIS

325

Village of Rib Mounta ACCOUNTS RE

ACCOUNTS RE

N Y Y N

173,952.75

173,952.75

1.000000804 CASELLE MIS

323

Town of Guenther

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

3,778.72

3,778.72

1.000000805 CASELLE MIS

324

Town of Marathon

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

350.00

350.00

1.000000806 CASELLE MIS

324

Town of Marathon

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

39,282.68

39,282.68

1.000000807 CASELLE MIS

327

Town of Stettin

ACCOUNTS RE

ACCOUNTS RE

N Y Y N

57,509.51

57,509.51

Total 1:

320,967.92

Grand Totals:

320,967.92

Distribution Summary
Category

Distribution

GL Account

Amount

Interfaced
CASELLE MISC A/R BILLING

ACCOUNTS RECEIVABLE

15-11005-000-000

Total: Interfaced

298,430.62
298,430.62

Non-interfaced
CHARGES TO THE PUBLIC

AMBULANCE FEES

15-46230-000-000

CHARGES TO THE PUBLIC

FIRE FEES - CALLS/RUNS

15-46220-000-000

554.30
500.00

MISCEALLANEOUS

<ENTER DESCRIPTION>

16-52200-804-000

21,483.00

Total: Non-interfaced

22,537.30

Grand Totals:

320,967.92

User Summary
User
Cher Latimer
Grand Totals:

Amount
320,967.92
320,967.92

A = Alert Message

R = Receipt Printed

D = Distribution Updated

G = GL Updated

V = Void Receipt

4

SOUTH AREA FIRE EMERGENCY RESPONSE

Check Register - for Board of Directors

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
Report Criteria:
Report type: Invoice detail
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

6750
02/26

02/04/2026

6750

565 Incredible Bank

FRANCK202

1 HSA Franck

15-52200-154-000

2,340.90-

Total 6750:

2,340.90- V
2,340.90-

6754
02/26

02/04/2026

6754

564 Simplicity Credit Union

KOLB2026H

1 HSA Kolb

15-52200-154-000

1,716.66-

Total 6754:

1,716.66- V
1,716.66-

6760
02/26

02/04/2026

6760

564 Simplicity Credit Union

LANG2026H

1 HSA Lang

15-52200-154-000

1,716.66-

Total 6760:

1,716.66- V
1,716.66-

6799
02/26

02/04/2026

6799

611 Crossbridge Community Bank

CORDOVA20

1 HSA Cordova

15-52200-154-000

1,716.66

Total 6799:

1,716.66
1,716.66

6800
02/26

02/04/2026

6800

610 Heartland Credit Union FBO Mark

MEYERS202

1 HSA Meyers

15-52200-154-000

286.11

Total 6800:

286.11
286.11

6801
02/26

02/04/2026

6801

565 Incredible Bank FBO Landon Fran FRANCK202

1 HSA Franck

15-52200-154-000

2,340.90

Total 6801:

2,340.90
2,340.90

6802
02/26

02/04/2026

6802

Total 6802:

612 National Exchange Bank & Trust

KLAPOETKE

1 HSA Klapoetke

1

Mar 05, 2026 01:06PM

15-52200-154-000

780.30

780.30
780.30

M = Manual Check, V = Void Check

5

6

Check Register - for Board of Directors

SOUTH AREA FIRE EMERGENCY RESPONSE

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

Total 6809:

1,046.50

6810
02/26

02/12/2026

6810

435 Baer Repair LLC

1040

1 Med 107 Repairs

15-52200-241-000

1,491.45

1,491.45

02/26

02/12/2026

6810

435 Baer Repair LLC

1063

1 Med 107 Repairs

15-52200-241-000

394.79

394.79

Total 6810:

1,886.24

6811
02/26

02/12/2026

6811

76 Charter Communications

1712519010

1 Control Account WiFi and TV at Stations

15-52200-283-000

557.90

Total 6811:

557.90
557.90

6812
02/26

02/12/2026

6812

145 Family Heritage

1191815

1 Globe Life

15-21534-000-000

586.40

Total 6812:

586.40
586.40

6813
02/26

02/12/2026

6813

151 Fire Safety USA, Inc.

252565

1 Turnout Gear

16-52200-803-000

3,605.95

Total 6813:

3,605.95
3,605.95

6814
02/26

02/12/2026

6814

166 General Communications, Inc

353832

1 G2 Installation Station 2

15-52200-278-000

767.74

Total 6814:

767.74
767.74

6815
02/26

02/12/2026

6815

176 Hawkins Ash CPAs

3248803

1 2025 Audit through 02.06.2026

15-52200-213-000

4,620.00

Total 6815:

4,620.00
4,620.00

6816
02/26

02/12/2026

6816

Total 6816:

572 Heal VUE INC.

019-0201202

1 EMS Billing January 2026

3

Mar 05, 2026 01:06PM

15-52200-290-000

4,957.30

4,957.30
4,957.30

M = Manual Check, V = Void Check

7

SOUTH AREA FIRE EMERGENCY RESPONSE

Check Register - for Board of Directors

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

6817
02/26

02/12/2026

6817

526 IAFC

298770

1 Chief Finke IAFC membership

15-52200-324-000

235.00

Total 6817:

235.00
235.00

6818
02/26

02/12/2026

6818

202 Jefferson Fire & Safety Inc.

IN335918

1 Bauer Compressor Maintenance

15-52200-242-000

1,193.00

Total 6818:

1,193.00
1,193.00

6819
02/26

02/12/2026

6819

02022026

1 Ambulance Refund - Paid Twice

15-46230-000-000

315.00

Total 6819:

315.00
315.00

6820
02/26

02/12/2026

6820

234 Life-Assist

2031884

1 EMS Supplies

15-52200-392-000

3.90

3.90

02/26

02/12/2026

6820

234 Life-Assist

2054615

1 EMS Supplies

15-52200-392-000

2,447.25

2,447.25

02/26

02/12/2026

6820

234 Life-Assist

2054866

1 EMS Supplies

15-52200-392-000

9.15

9.15

02/26

02/12/2026

6820

234 Life-Assist

2060896

1 EMS Supplies

15-52200-392-000

487.25

487.25

02/26

02/12/2026

6820

234 Life-Assist

2061378

1 EMS Supplies

15-52200-392-000

12.30

12.30

Total 6820:

2,959.85

6821
02/26

02/12/2026

6821

466 MacQueen Emergency

P61822

1 SCBA Flow Test

15-52200-242-000

2,835.00

2,835.00

02/26

02/12/2026

6821

466 MacQueen Emergency

P62273

1 Hurst Annual PM

15-52200-242-000

735.00

735.00

Total 6821:

3,570.00

6822
02/26

02/12/2026

6822

253 McKesson Medical

24939363

1 EMS Supplies

15-52200-392-000

508.83

508.83

02/26

02/12/2026

6822

253 McKesson Medical

25017926

1 EMS Supplies

15-52200-392-000

585.96

585.96

Total 6822:

1,094.79

6823
02/26

02/12/2026

6823

261 Mid-State Technical College

MSW40792

1 Live Burn Training on 01.13.26

4

Mar 05, 2026 01:06PM

15-52200-325-000

400.00

400.00

M = Manual Check, V = Void Check

8

SOUTH AREA FIRE EMERGENCY RESPONSE

Check Register - for Board of Directors

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

Total 6823:

400.00

6824
02/26

02/12/2026

6824

281 Northcentral Technical College

12JAN2026

1 Fire Officer 1 - Welch

15-52200-325-000

80.00

80.00

02/26

02/12/2026

6824

281 Northcentral Technical College

12JAN2026-

1 Fire Officer 1 - Brandt

15-52200-325-000

80.00

80.00

02/26

02/12/2026

6824

281 Northcentral Technical College

21JAN2026H

1 Fire Officer 1 - Haessly

15-52200-325-000

80.00

80.00

Total 6824:

240.00

6825
02/26

02/12/2026

6825

286 O'Reilly Automotive, Inc.

3845-341844

1 Supplies

15-52200-340-000

55.33

Total 6825:

55.33
55.33

6826
02/26

02/12/2026

6826

290 Patriot Auto Repair LLC

21131

1 Car 302 Battery

15-52200-241-000

233.99

Total 6826:

233.99
233.99

6827
02/26

02/12/2026

6827

02022026

1 Ambulance Refund - Insurance Paid

15-46230-000-000

114.95

Total 6827:

114.95
114.95

6828
02/26

02/12/2026

6828

333 Securian Financial Group, Inc.

MARCH2026

1 ETF Life Insurance

15-21534-000-000

427.38

Total 6828:

427.38
427.38

6829
02/26

02/12/2026

6829

334 Security Health Plan

MARCH2026

1 Health Insurance March 2026

15-21533-000-000

37,250.63

Total 6829:

37,250.63
37,250.63

6830
02/26

02/12/2026

6830

356 Super Lettering & Signs, INC

2026.040

1 Locker Name Plates

5

Mar 05, 2026 01:06PM

15-52200-340-000

60.00

60.00

M = Manual Check, V = Void Check

9

Check Register - for Board of Directors

SOUTH AREA FIRE EMERGENCY RESPONSE

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

Total 6830:

60.00

6831
02/26

02/12/2026

6831

557 The Dirks Group LLC

17904

1 SSL Certificate Renewal 2026

15-52200-290-000

120.00

120.00

02/26

02/12/2026

6831

557 The Dirks Group LLC

DG50981

1 Monthly Billing - January 2026

15-52200-290-000

3,517.50

3,517.50

02/26

02/12/2026

6831

557 The Dirks Group LLC

DG51059

1 Monthly Billing - February 2026

15-52200-290-000

3,517.50

3,517.50

Total 6831:

7,155.00

6832
02/26

02/12/2026

6832

369 The Uniform Shoppe of Green Ba

14219

1 Uniforms

15-52200-346-000

84.95

Total 6832:

84.95
84.95

6833
02/26

02/12/2026

6833

370 The Village of Weston

2025-12

5 Wisconsin Public Service - Gas 11/26-12/

15-52200-224-000

5,801.13

Total 6833:

5,801.13
5,801.13

6834
02/26

02/12/2026

6834

450 VanderWaal Law, S.C.

3488

1 Legal Fees

15-52200-212-000

50.00

Total 6834:

50.00
50.00

6835
02/26

02/12/2026

6835

490 WEX Bank

110306249

2 Fuel Account 0496-00-918054-8 Fire

15-52200-351-000

3,873.14

Total 6835:

3,873.14
3,873.14

6836
02/26

02/12/2026

6836

411 Wisconsin Public Service

5793283623

3 Late Fee

6

Mar 05, 2026 01:06PM

15-52200-393-000

2,910.88

Total 6836:

2,910.88
2,910.88

6837
02/26

02/12/2026

6837

415 Zoll Medical Corporation

4426372

1 EMS Supplies

15-52200-392-000

378.00

378.00

02/26

02/12/2026

6837

415 Zoll Medical Corporation

91003606

1 Preventive Maintenance qty 6

15-52200-242-000

2,040.00

2,040.00

M = Manual Check, V = Void Check

10

Check Register - for Board of Directors

SOUTH AREA FIRE EMERGENCY RESPONSE

Page:

Check Issue Dates: 2/1/2026 - 2/28/2026
GL

Check

Check

Vendor

Period

Issue Date

Number

Number

Payee

Invoice

Invoice

Number

Sequence

Description

Invoice

Invoice

Check

GL Account

Amount

Amount

Total 6837:

2,418.00

6838
02/26

02/24/2026

6838

277 North Central Ambulance Sales &

MED110

1 Med 110

7

Mar 05, 2026 01:06PM

16-52200-804-000

280,940.00

280,940.00

Total 6838:

280,940.00

Grand Totals:

373,696.40

M = Manual Check, V = Void Check

11

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
MARATHON COUNTY, WISCONSIN
INDEPENDENT AUDITORS’ REPORTS ON COMMUNICATION
WITH THOSE CHARGED WITH GOVERNANCE
AND MANAGEMENT ADVISORY COMMENTS

DRAFT
DECEMBER 31, 2025

12

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
TABLE OF CONTENTS
DECEMBER 31, 2025
Page
2-5

Independent Auditors’ Report on Communication With Those
Charged With Governance

6-7

Independent Auditors’ Report on Management Advisory Comments

Appendix A

Adjusting Journal Entries

Appendix B

Management Representation Letter

DRAFT

-1-

13

INDEPENDENT AUDITORS’ REPORT ON
COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE
To the District Board
South Area Fire & Emergency Response District
Marathon County, Wisconsin
We have audited the financial statements of the South Area Fire & Emergency Response District as of
and for the year ended December 31, 2025 and have issued our report thereon dated APPROVAL
DATE. Professional standards require that we advise you of the following matters relating to our audit.
Our Responsibility in Relation to the Financial Statement Audit
As communicated in our engagement letter dated December 23, 2025, our responsibility, as described
by professional standards, is to form and express an opinion about whether the financial statements
that have been prepared by management with your oversight are presented fairly, in all material
respects, in accordance with accounting principles general accepted in the United States of America.
Our audit of the financial statements does not relieve you or management of its respective
responsibilities.

DRAFT

Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain
reasonable, rather than absolute, assurance about whether the financial statements are free of material
misstatement. An audit of financial statements includes consideration of the system of internal control
over financial reporting as a basis for designing audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control over financial reporting. Accordingly, as part of our audit, we considered the system of
internal control of the South Area Fire & Emergency Response District solely for the purpose of
determining our audit procedures and not to provide any assurance concerning such internal control.
We are also responsible for communicating significant matters related to the audit that are, in our
professional judgement, relevant to your responsibilities in overseeing the financial reporting process.
However, we are not required to design procedures for the purpose of identifying other matters to
communicate to you.
We have provided our comments regarding significant control deficiencies over financial reporting and
other matters noted during our audit in a separate letter to you dated APPROVAL DATE.
Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to
you.
Compliance with All Ethics Requirements Regarding Independence
The engagement team, others in our firm, as appropriate and our firm has complied with all relevant
ethical requirements regarding independence.
Significant Risks Identified
-2-

14

We have identified the following significant risks:
x
x

Management Override of Controls - professional standards require the auditor to address the
risk that management is in a unique position to override controls that otherwise appear to be
operating effectively.
Improper Revenue Recognition - professional standards require the auditor to presume that
risks of fraud exist in revenue recognition.

We have designed our audit procedures to adequately address the significant risks identified.
Qualitative Aspects of the Entity’s Significant Accounting Practices
Significant Accounting Policies
Management has the responsibility to select and use of appropriate accounting policies. A summary of
the significant accounting policies adopted by the South Area Fire & Emergency Response District are
included in Note 1 to the financial statements. There have been no initial selection of accounting
policies and no changes in significant accounting policies or their application during 2025. No matters
have come to our attention that would require us, under professional standards, to inform you about (1)
the methods used to account for significant unusual transactions and (2) the effect of significant
accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance
or consensus.

DRAFT

Significant Accounting Estimates and Related Disclosures

Accounting estimates and related disclosures are an integral part of the financial statements prepared
by management and are based on management’s current judgments. Those judgments are normally
based on knowledge and experience about past and current events and assumptions about future
events. Certain accounting estimates are particularly sensitive because of their significance to the
financial statements and because of the possibility that future events affecting them may differ markedly
from management’s current judgments.
The most sensitive accounting estimates affecting the financial statements are:
x
x

Management’s estimate of the Wisconsin Retirement System pension was calculated by
the State of Wisconsin Department of Employee Trust Funds’ third-party actuary.
Management’s estimate of the Wisconsin Retirement System local retiree life insurance
fund was calculated by the State of Wisconsin Department of Employee Trust Funds’
third-party actuary.

We evaluated the factors and assumptions used to develop the estimates listed above and
determined that they are reasonable in relation to the basic financial statements taken as a
whole and in relation to the applicable opinion units.
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive
because of their significance to financial statement users. The most sensitive disclosures affecting the
South Area Fire & Emergency Response District’s financial statements relate to: revenue recognition,
Wisconsin Retirement System pension, and Wisconsin Retirement System local retiree life insurance
fund.
Significant Unusual Transactions
-3-

15

For purposes of this communication, professional standards require us to communicate to you
significant unusual transactions identified during our audit. We have not identified any significant
unusual transactions during the audit.
Significant Difficulties Encountered during the Audit
We encountered no significant difficulties in dealing with management relating to the performance of
the audit.
Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards also require us to accumulate all known
and likely misstatements identified during the audit, other than those that are clearly trivial, and
communicate them to the appropriate level of management. Further, professional standards require us
to also communicate the effect of uncorrected misstatements related to prior periods on the relevant
classes of transactions, account balances or disclosures, and the financial statements as a whole and
each applicable opinion unit. Management has corrected all identified misstatements. Uncorrected
misstatements or matters underlying those uncorrected misstatements could potentially cause futureperiod financial statements to be materially misstated, even though the uncorrected misstatements are
immaterial to the financial statements currently under audit.
In addition, professional standards require us to communicate to you all material, corrected
misstatements that were brought to the attention of management as a result of our audit procedures.
None of the misstatements listed under Appendix A identified by us as a result of our audit procedures
and corrected by management were material, either individually or in aggregate, to the financial
statements taken as a whole or applicable opinion units.

DRAFT

Disagreements with Management

For purposes of this letter, professional standards define a disagreement with management as a
matter, whether or not resolved to our satisfaction, concerning financial accounting, reporting, or
auditing matters, which could be significant to the South Area Fire & Emergency Response District’s
financial statements or the auditors’ report. No such disagreements arose during the course of the
audit.
Representations Requested from Management
We have requested certain written representations from management, which are included in the
attached letter dated APPROVAL DATE.
Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and
accounting matters. Management informed us that, and to our knowledge, there were no consultations
with other accountants regarding auditing and accounting matters.
Other Significant Matters, Findings, or Issues
In the normal course of our professional association with the South Area Fire & Emergency Response
District, we generally discuss a variety of matters, including the application of accounting principles and
auditing standards, significant events or transactions that occurred during the year, operating and
regulatory conditions affecting the entity, and operational plans and strategies that may affect the risks

-4-

16

of material misstatements. None of the matters discussed resulted in a condition to our retention as the
South Area Fire & Emergency Response District’s auditors.
Other Information Included in Annual Reports
Pursuant to professional standards, our responsibility as auditors for other information, whether
financial or nonfinancial, included in the South Area Fire & Emergency Response District’s annual
reports, does not extend beyond the information identified in the audit report, and we are not required to
perform any procedures to obtain assurance about such other information. However, in accordance
with such standards, we have read the information and considered whether such information, or the
manner of its presentation, was materially inconsistent with its presentation in the financial statements.
Our responsibility also includes communicating to you any information which we believe is a material
misstatement of fact. Nothing came to our attention that caused us to believe that such information, or
its manner of presentation, is materially inconsistent with the information, or manner of its presentation,
appearing in the financial statements.
This report is intended solely for the information and use of the District Board and management of the
South Area Fire & Emergency Response District and is not intended to be and should not be used by
anyone other than these specified parties.
HAWKINS ASH CPAS, LLP

DRAFT

Manitowoc, Wisconsin
APPROVAL DATE

-5-

17

INDEPENDENT AUDITORS’ REPORT ON MANAGEMENT ADVISORY COMMENTS
To the District Board
South Area Fire & Emergency Response District
Marathon County, Wisconsin
We have audited the financial statements of the South Area Fire & Emergency Response District as of
and for the year ended December 31, 2025 and have issued our report thereon dated APPROVAL
DATE. We have also issued compliance reports and reports on the internal control structure in
accordance with Government Auditing Standards. These reports disclosed any material instances of
noncompliance, material weaknesses and significant deficiencies that were identified during the audit.
Other matters involving the internal control structure and the District’s operations which came to our
attention during the audit are reported on the following pages as management advisory comments.
We would like to take this opportunity to acknowledge the many courtesies extended to us by the
District’s personnel during the course of our work. In particular, we would like to note the considerable
assistance and cooperation provided to us by Josh Finke and his staff.

DRAFT

We shall be pleased to discuss any of the matters referred to in this letter. Should you desire
assistance in implementing any of the following suggestions, we would welcome the opportunity of
assisting you in these matters.
HAWKINS ASH CPAS, LLP
Manitowoc, Wisconsin
APPROVAL DATE

-6-

18

MANAGEMENT ADVISORY COMMENTS
Current Year Comments
New Standard - GASB Statement No. 103 - Financial Reporting Model Improvements
This statement’s objective is to improve key components of the financial reporting model to enhance its
effectiveness in providing information that is essential for decision making and assessing a
government’s accountability. The statement also addresses certain application issues.
The statement establishes new accounting and financial reporting requirements or modifies existing
requirements related to the following:
a. Management discussion and analysis - improve the analysis in this section and discuss the
activities that have had a significant impact on the government’s balances and results of
operations in comparison with the prior year
b. Unusual or infrequent items - updates reporting and disclosure requirements
c. Presentation of proprietary fund statement of revenues, expenses, and changes in net position updates reporting requirements, adds noncapital subsidies section, and updates the definitions
of operating revenues and expenses and nonoperating revenues and expenses
d. Information about major component units in basic financial statements - updates reporting by
including each major component unit separately unless it reduces the readability of the
statement
e. Budgetary comparison information - updates reporting by adding an original and final variance
column and explaining significant variances in the notes to required supplementary information
f. Financial trends information in the statistical section - updates reporting requirements for
changes in net position.

DRAFT

The requirements of this statement are effective for fiscal years beginning after June 15, 2025. Your
December 31, 2026 financial statement will be updated for these new reporting requirements.
Status of Prior Year(s) Comments

Original Budgeted Amounts (12/31/22)
The original budgeted amounts entered into the District’s software was not the same as the adopted
original budget amounts. We recommend entering the actual original budgeted amounts into the
software to provide accurate interim financial reports and to accurately monitor the District’s budget.
Status: Resolved

-7-

19

APPENDIX A

DRAFT

20

2/12/2026
2:44 PM
Client:
Engagement:
Period Ending:
Trial Balance:
Workpaper:
Account

0202250 - South Area Fire & Emergency Response District
25 audit - South Area Fire & Emergency Response District
12/31/2025
Database
1501 - Adjusting Journal Entries Report
Description
W/P Ref

Debit

Credit

Adjusting Journal Entries
Adjusting Journal Entries JE # 22
2025 - To record unaasigned in assigned.
15-34300-000-000

UNASSIGNED FUND BALANCE

15-34220-000-000

ASSIGNED FUND BAL-EMS DONATED

5403.01
1,000.00
1,000.00

Total

1,000.00

Adjusting Journal Entries JE # 23
2025 - Adjustment made per client subsequent to importing the trial balance.

1501.01

15-34123-000-000

RESERVED FUND BAL-FAP T&E

3,341.00

15-34300-000-000

UNASSIGNED FUND BALANCE

48,527.00

15-34300-000-000

UNASSIGNED FUND BALANCE

2,365.00

15-34122-000-000

RESERVED FUND BAL-FAP S&I

15-34220-000-000
Total

1,000.00

DRAFT
ASSIGNED FUND BAL-EMS DONATED

51,868.00
2,365.00

54,233.00

54,233.00

Total Adjusting Journal Entries

55,233.00

55,233.00

Total All Journal Entries

55,233.00

55,233.00

1 of 1
21

APPENDIX B

DRAFT

22

SOUTH AREA FIRE &
EMERGENCY RESPONSE DISTRICT
MARATHON COUNTY, WISCONSIN
FINANCIAL STATEMENTS
WITH INDEPENDENT AUDITORS' REPORT
DECEMBER 31, 2025

23

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
TABLE OF CONTENTS
DECEMBER 31, 2025
Page
3-5

Independent Auditors’ Report
BASIC FINANCIAL STATEMENTS
Government-Wide Financial Statements

6

Statement of Net Position

7

Statement of Activities
Fund Financial Statements

8

Balance Sheet - Governmental Funds

9

Statement of Revenues, Expenditures and Changes in Fund Balances Governmental Funds

10

Reconciliation of Statement of Revenues, Expenditures and Changes in Fund
Balances of Governmental Funds to the Statement of Activities

11-25

Notes to the Basic Financial Statements
REQUIRED SUPPLEMENTARY INFORMATION

26

Budgetary Comparison Schedule for the General Fund - Budget and Actual

27

Notes to Required Supplementary Information on Budgetary Accounting and
Control

28-30
31

Wisconsin Retirement System Pension Schedules
Wisconsin Retirement System Local Retiree Life Insurance Fund Schedules
OTHER INFORMATION

32

Detailed Statement of Revenues and Other Financing Sources - Budget and Actual General Fund

33

Detailed Statement of Expenditures - Budget and Actual - General Fund

34

Budgetary Comparison Schedule for the Capital Equipment Fund - Budget and Actual

-124

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
TABLE OF CONTENTS - Continued
DECEMBER 31, 2025
Page
OTHER REPORTS
35-36

Independent Auditors’ Report on Internal Control over Financial Reporting
and on Compliance and Other Matters Based on an Audit of Financial
Statements Performed in Accordance with Government Auditing Standards
MEMBERS OF THE DISTRICT BOARD
Chairman
Vice Chairman
Member
Member
Member

Mark Maloney
Allen Opall
Erinn Kolden
Steve Cronin
Keith Langenhahn

Chief
Deputy Chief

Josh Finke
Eric Lang

-225

INDEPENDENT AUDITORS’ REPORT
To the District Board
South Area Fire & Emergency Response District
Marathon County, Wisconsin
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the governmental activities and each major fund of the
South Area Fire & Emergency Response District as of and for the year ended December 31, 2025, and
the related notes to the financial statements, which collectively comprise the South Area Fire &
Emergency Response District’s basic financial statements as listed in the table of contents.
In our opinion, the accompanying financial statements present fairly, in all material respects, the
respective financial position of the governmental activities and each major fund of the South Area Fire
& Emergency Response District, as of December 31, 2025, and the respective changes in financial
position for the year then ended in accordance with accounting principles generally accepted in the
United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States
of America (GAAS) and the standards applicable to financial audits contained in Government Auditing
Standards (GAS), issued by the Comptroller General of the United States. Our responsibilities under
those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial
Statements section of our report. We are required to be independent of the South Area Fire &
Emergency Response District and to meet our other ethical responsibilities, in accordance with the
relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in
accordance with accounting principles generally accepted in the United States of America; and for the
design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
In preparing the financial statements, management is required to evaluate whether there are conditions
or events, considered in the aggregate, that raise substantial doubt about the South Area Fire &
Emergency Response District’s ability to continue as a going concern for twelve months beyond the
financial statement issuance date, including any currently known information that may raise substantial
doubt shortly thereafter.
Auditors’ Responsibilities for the Audit of the Financial Statements

-3-

26

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that
includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance
and therefore is not a guarantee that an audit conducted in accordance with GAAS and GAS will
always detect a material misstatement when it exists. The risk of not detecting a material misstatement
resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control. Misstatements are
considered material if there is a substantial likelihood that, individually or in the aggregate, they would
influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with GAAS, we:
x
x

x

x
x

Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due
to fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures
in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the South Area Fire & Emergency Response District’s internal
control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate,
that raise substantial doubt about South Area Fire & Emergency Response District’s ability to
continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters,
the planned scope and timing of the audit, significant audit findings, and certain internal control-related
matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the budgetary
comparison information, Wisconsin Retirement System pension schedules, and Wisconsin Retirement
System Local Retiree Life Insurance Fund schedules, as listed in the table of contents, be presented to
supplement the basic financial statements. Such information is the responsibility of management and,
although not a part of the basic financial statements, is required by the Governmental Accounting
Standards Board who considers it to be an essential part of financial reporting for placing the basic
financial statements in an appropriate operational, economic, or historical context. We have applied
certain limited procedures to the required supplementary information in accordance with auditing
standards generally accepted in the United States of America, which consisted of inquiries of
management about the methods of preparing the information and comparing the information for
consistency with management’s responses to our inquiries, the basic financial statements, and other
knowledge we obtained during our audit of the basic financial statements. We do not express an
opinion or provide any assurance on the information because the limited procedures do not provide us
with sufficient evidence to express an opinion or provide any assurance.
Management has omitted the management’s discussion and analysis that accounting principles
generally accepted in the United States of America require to be presented to supplement the basic
financial statements. Such missing information, although not a part of the basic financial statements, is
-4-

27

required by the Governmental Accounting Standards Board who considers it to be an essential part of
financial reporting for placing the basic financial statements in an appropriate operational, economic, or
historical context. Our opinions on the basic financial statements are not affected by this missing
information.
Other Information
Management is responsible for the other information. The other information comprises the detailed
statement of revenues and other financing sources - budget and actual - general fund, detailed
statement of expenditures - budget and actual - general fund, and budgetary comparison schedule for
the capital equipment fund - budget and actual but does not include the financial statements and our
auditors’ report thereon. Our opinions on the financial statements do not cover the other information,
and we do not express an opinion or any form of assurance thereon. In connection with our audit of the
financial statements, our responsibility is to read the other information and consider whether a material
inconsistency exists between the other information and the financial statements, or the other
information otherwise appears to be materially misstated. If, based on the work performed, we conclude
that an uncorrected material misstatement of the other information exists, we are required to describe it
in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated APPROVAL
DATE on our consideration of South Area Fire & Emergency Response District’s internal control over
financial reporting and on our tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements and other matters. The purpose of that report is solely to describe the
scope of our testing of internal control over financial reporting and compliance and the results of that
testing, and not to provide an opinion on the effectiveness of internal control over financial reporting or
on compliance. That report is an integral part of an audit performed in accordance with Government
Auditing Standards in considering South Area Fire & Emergency Response District’s internal control
over financial reporting and compliance.
HAWKINS ASH CPAS, LLP
Manitowoc, Wisconsin
APPROVAL DATE

-5-

28

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
BASIC
FINANCIAL STATEMENTS

29

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
GOVERNMENT-WIDE
FINANCIAL STATEMENTS

30

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
STATEMENT OF NET POSITION
DECEMBER 31, 2025
ASSETS
Cash
Accounts and other receivables, net
Prepaids
Capital assets (net of accumulated depreciation)
Capital assets not being depreciated
Capital assets being depreciated
TOTAL ASSETS

$ 1,627,854
421,425
4,231
108,005
3,470,459
5,631,974

DEFERRED OUTFLOWS OF RESOURCES
Wisconsin Retirement System pension
Wisconsin Retirement System LRLIF
TOTAL DEFERRED OUTFLOWS OF RESOURCES

1,663,146
38,013
1,701,159

TOTAL ASSETS AND DEFERRED
OUTFLOWS OF RESOURCES

7,333,133

LIABILITIES
Accounts payable
Accrued liabilities
Payroll
Due to other governments
Unearned revenue - other
Current portion of long-term obligations
Noncurrent portion of long-term obligations
TOTAL LIABILITIES
DEFERRED INFLOWS OF RESOURCES
Wisconsin Retirement System pension
Wisconsin Retirement System LRLIF
TOTAL DEFERRED INFLOWS OF RESOURCES

48,731
112,126
5,801
97,959
144,191
333,256
742,064

831,944
37,377
869,321

NET POSITION
Net investment in capital assets
Unrestricted
TOTAL NET POSITION
TOTAL LIABILITIES, DEFERRED INFLOWS OF
RESOURCES AND NET POSITION

3,578,464
2,143,284
5,721,748
$ 7,333,133

The accompanying notes are an integral part of these statements.
-6-

31

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
STATEMENT OF ACTIVITIES
YEAR ENDED DECEMBER 31, 2025
NET (EXPENSES)
REVENUES AND
CHANGES IN
NET POSITION

PROGRAM REVENUES

FUNCTIONS/PROGRAMS

EXPENSES

CHARGES FOR
SERVICES

OPERATING
GRANTS AND
CONTRIBUTIONS

GOVERNMENTAL
ACTIVITIES
$

GOVERNMENTAL ACTIVITIES
Public safety

$

4,387,315

$

1,652,171

$

147,337

TOTAL GOVERNMENTAL ACTIVITIES

$

4,387,315

$

1,652,171

$

147,337

(2,587,807)
(2,587,807)

General revenues
Intergovernmental revenues not restricted
to specific programs
Interest and investment income
Miscellaneous
Total general revenues
CHANGE IN NET POSITION
NET POSITION - BEGINNING OF YEAR
NET POSITION - END OF YEAR

The accompanying notes are an integral part of these statements.
-7-

1,938,507
20,485
206,593
2,165,585

$

(422,222)
6,143,970
5,721,748

32

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
FUND
FINANCIAL STATEMENTS

33

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
BALANCE SHEET
GOVERNMENTAL FUNDS
DECEMBER 31, 2025

ASSETS
Cash and investments
Accounts and other receivables, net
Prepaids
TOTAL ASSETS
LIABILITIES
Accounts payable
Accrued expenses
Payroll
Due to other governments
Unearned revenue - other
TOTAL LIABILITIES
FUND BALANCES
Nonspendable
Assigned
Unassigned
TOTAL FUND BALANCES
TOTAL LIABILITIES AND FUND BALANCES

GENERAL
FUND

CAPITAL
EQUIPMENT

TOTAL
GOVERNMENTAL
FUNDS

$ 1,232,732
421,425
4,231
1,658,388

$

$

395,122
395,122

1,627,854
421,425
4,231
2,053,510

48,731

-

48,731

112,126
5,801
97,959
264,617

-

112,126
5,801
97,959
264,617

4,231
102,760
1,286,780
1,393,771

395,122
395,122

4,231
497,882
1,286,780
1,788,893

$ 1,658,388

$

395,122

Total net position reported for governmental activities in the statement of net position are
different from the amount reported above as total governmental funds fund balance because:
Capital assets used in governmental activities are not financial resources and
therefore are not reported in the fund statements. Amounts reported for
governmental activities in the statement of net position are:
Governmental capital asset
$ 6,337,303
Governmental accumulated depreciation
(2,758,839)

3,578,464

Wisconsin Retirement System asset, deferred outflows of resources, and
deferred inflows of resources are not current financial resources and are not
reported in fund statements.

831,838

Long term liabilities, including bonds and notes payable, are not due in the
current period and therefore are not reported in the fund statements. Long term
liabilities reported in the statement of net position that are not reported in the
funds balance sheet are:
Compensated absences
(144,191)
Wisconsin Retirement System liability
(333,256)

(477,447)

Total net position - governmental activities

The accompanying notes are an integral part of these statements.
-8-

$

5,721,748

34

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
YEAR ENDED DECEMBER 31, 2025

REVENUES
Intergovernmental
Fines, forfeits and penalties
Public charges for services
Intergovernmental charges for services
Miscellaneous
TOTAL REVENUES
EXPENDITURES
Current
Public safety
Capital outlay
TOTAL EXPENDITURES
EXCESS (DEFICIENCY) OF REVENUES
OVER EXPENDITURES
OTHER FINANCING SOURCES (USES)
Sale of capital assets
NET CHANGE IN FUND BALANCE
FUND BALANCE - BEGINNING OF YEAR
FUND BALANCE - END OF YEAR

GENERAL
FUND

CAPITAL
EQUIPMENT

TOTAL
GOVERNMENTAL
FUNDS

$ 2,083,479
600
1,498,553
153,018
23,948
3,759,598

$

$

6,970
6,970

2,083,479
600
1,498,553
153,018
30,918
3,766,568

3,734,064
3,734,064

253,234
253,234

3,734,064
253,234
3,987,298

25,534

(246,264)

(220,730)

163

198,362

198,525

25,697
1,368,074
$ 1,393,771

$

(47,902)
443,024
395,122 $

The accompanying notes are an integral part of these statements.
-9-

(22,205)
1,811,098
1,788,893

35

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
RECONCILIATION OF STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
YEAR ENDED DECEMBER 31, 2025
$

Net change in fund balances - total governmental funds

(22,205)

Amounts reported for governmental activities in the statement of activities are different because:
The acquisition of capital assets are reported in the governmental funds as expenditures.
However, for governmental activities those costs are shown in the statement of net position
and allocated over their estimated useful lives as annual depreciation expense in the
statement of activities.
Capital outlay reported in governmental fund statements
Capital outlay reported as other expenses in governmental fund statements
Depreciation expense reported in the statement of activities
Less cost of capital assets disposed
Amount by which capital outlays are less than depreciation in the current period:

$

253,234
80,704
(475,477)
(179,488)
(321,027)

Certain employee benefits are reported in the governmental funds when amounts are paid.
The statement of activities reports the value of benefits earned during the year.
This year the accrual of these benefits increased by:

(12,476)

Wisconsin Retirement System pension asset, deferred outflows of resources, liability, and
deferred inflows of resources changes:

(58,934)

Wisconsin Retirement System LRLIF deferred outflows of resources, liability, and deferred
inflows of resources changes:

(7,580)

Change in net position - governmental activities

The accompanying notes are an integral part of these statements.
- 10 -

$

(422,222)

36

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC
FINANCIAL STATEMENTS

37

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS
DECEMBER 31, 2025
NOTE 1 - Summary of Significant Accounting Policies
The financial statements of the South Area Fire & Emergency Response District (the “District”) have
been prepared in conformity with generally accepted accounting principles (GAAP) as applied to
government units. The Governmental Accounting Standards Board (GASB) is the accepted standardsetting body for establishing governmental accounting and financial reporting principles. The significant
accounting principles and policies utilized by the District are described below.
Reporting Entity - The South Area Fire & Emergency Response District was created January 1, 2014
as a joint venture between the Village of Rib Mountain and Village of Weston. The two fire departments
were consolidated into one District in order to provide more economical and efficient emergency
response services for the Rib Mountain-Weston area. Each municipality pays a proportionate share of
the District costs for the services. The District is overseen by a five member board of directors and
provides fire, emergency medical services, and rescue operations services.
The District's basic financial statements do not include any components units, as defined in GASB 14
and amended by GASB 39 and GASB 61, as there are no organizations which meet the criterion. The
criterion for including a legally separate organization as a component unit is the degree of financial
accountability the District has with the organization. A financial benefit or burden relationship needs to
be present between the primary government and that organization for it to be included in the reporting
entity as a component unit.
The following circumstances set forth the District's financial accountability for a legally separate
organization: the District is financially accountable if it appoints a voting majority of the organization's
governing body and (1) it is able to impose its will on that organization or (2) there is a potential for the
organization to provide specific financial benefits to, or impose specific financial burdens on the District.
The District may be financially accountable if an organization is fiscally dependent on the District
regardless of whether the organization has (1) a separately-elected governing body, (2) a governing
body appointed by a higher level of government, or (3) a jointly-appointed governing body. In addition,
the primary government may determine, through exercise of management’s professional judgment, that
the inclusion of an organization that does not meet the financial accountability criteria is necessary in
order to prevent the reporting entity’s financial statements from being misleading.
Basis of Presentation
Government-Wide Financial Statements
While separate government-wide and fund financial statements are presented, they are interrelated.
The governmental activities column incorporates data from governmental funds. Separate financial
statements are provided for governmental funds.
As a general rule, the effect of interfund activity has been eliminated from the government-wide
financial statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or
segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a
specific function or segment. The District does not allocate indirect expenses to functions in the
statement of activities. Program revenues include 1) charges to customers or applicants who
purchase, use or directly benefit from goods, services, or privileges provided by a given function or
segment, and 2) grants and contributions that are restricted to meeting the operational or capital
- 11 -

38

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 1 - Summary of Significant Accounting Policies - Continued
requirements of a particular function or segment. Other items not included among program revenues
are reported as general revenues.
Fund Financial Statements
The fund financial statements provide information about the government’s funds. Separate statements
for each fund category are presented. The emphasis of fund financial statements is on major
governmental funds, each displayed in a separate column.
The District reports the following major governmental funds:
General Fund - is used for all financial activity that is not required to be accounted for in another
fund. This is the District’s primary operating fund.
Capital Equipment Fund - is used to account for and report financial resources that are
restricted, committed or assigned to expenditure for capital outlays, including the acquisition or
construction of capital facilities and other capital assets.
During the course of operations the government has activity between funds for various purposes. Any
residual balances outstanding at year end are reported as due from/to other funds and advances
to/from other funds. While these balances are reported in fund financial statements, certain
eliminations are made in the preparation of the government-wide financial statements. Balances
between the funds included in governmental activities are eliminated.
Further, certain activity occurs during the year involving transfers of resources between funds. In fund
financial statements these amounts are reported at gross amounts as transfers in and out. While
reported in fund financial statements, certain eliminations are made in the preparation of the
government-wide financial statements. Transfers between the funds included in governmental activities
are eliminated.
Measurement Focus and Basis of Accounting
The accounting and financial reporting treatment is determined by the applicable measurement focus
and basis of accounting. Measurement focus indicates the type of resources being measured such as
current financial resources or economic resources. The basis of accounting indicates the timing of
transactions or events for recognition in the financial statements.
The government-wide financial statements are reported using the economic resources measurement
focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are
recorded when a liability is incurred, regardless of the timing of related cash flows. Grants and similar
items are recognized as revenue as soon as all eligibility requirements imposed by the provider have
been met.
The governmental fund financial statements are reported using the current financial resources
measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon
as they are both measurable and available. Revenues are considered to be available when they are
collectible within the current period or soon enough thereafter to pay liabilities of the current period. For
this purpose, the government considers revenues to be available if they are collected within 60 days of
- 12 -

39

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 1 - Summary of Significant Accounting Policies - Continued
the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as
under accrual accounting. However, debt service expenditures, as well as expenditures related to
compensated absences, and claims and judgments, are recorded only when payment is due. General
capital asset acquisitions are reported as expenditures in governmental funds. Issuance of long-term
debt and acquisitions under leases are reported as other financing sources.
Grants are recorded as revenues when all eligibility requirements are met, including any time
requirements, and the amount is received during the period or within the availability period for this
revenue source (within 60 days of year end). Expenditure-driven grants are recognized as revenue
when the qualifying expenditures have been incurred and all other eligibility requirements have been
met, and the amount is received during the period or within the availability period for this revenue
source (within 60 days of year end). All other revenue items are considered to be measurable and
available only when cash is received by the government.
Accounts Receivable - Accounts receivable have been adjusted for all uncollectible accounts. The
allowance for uncollectible accounts was $1,450,335 at December 31, 2025.
Due To/From Advance To/From Other Funds - During the course of operations, transactions occur
between individual funds that may result in amounts owed between funds. Short-term interfund loans
are reported as due to and from other funds. Long-term interfund loans (noncurrent portion) are
reported as advances from and to other funds. In the governmental fund financial statements,
advances to other funds are offset equally by a nonspendable fund balance amount which indicates it is
not expendable available financial resources and, therefore, are not available for appropriation.
Eliminations have been made for amounts due to/from and advance to/from on the government-wide
statements.
Prepaids - Prepaid items represent payments for goods or services for which benefits extend beyond
December 31.
A nonspendable fund balance has been recognized in governmental funds for these non-liquid assets
to signify a portion of fund balance is not available for other subsequent expenditures.
Capital Assets - In the government-wide financial statements, fixed assets are accounted for as capital
assets. Capital assets are defined by the government as assets with an initial cost of more than $5,000
for general capital assets, and an estimated useful life in excess of one year. All capital assets are
valued at historical cost or estimated historical cost if actual amounts are unavailable. Donated assets
are reported at their estimated acquisition value at the date of donation.
Depreciation of all exhaustible capital assets is recorded as an allocated expense in the statement of
activities, with accumulated depreciation reflected in the statement of net position. Depreciation is
provided over the assets’ estimated useful lives using the straight-line method of depreciation. The
range of estimated useful lives by type of asset for governmental activities is as follows: land
improvements 20 - 50 years, buildings 25 - 50 years, and equipment 5 - 50 years.
In the fund financial statements, fixed assets used in governmental fund operations are accounted for
as capital outlay expenditures of the governmental fund upon acquisition.

- 13 -

40

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 1 - Summary of Significant Accounting Policies - Continued
Compensated Absences - Vacation and sick policies provide paid time off in varying amounts.
Benefits considered more likely than not to be used or settled at separation are recognized as a liability.
The liability for such leave is reported as incurred in the government-wide financial statements. A
liability for those amounts is recorded in the government funds only if the liability has matured as a
result of employee resignations or retirements. The liability for compensated absences includes salary
related benefits where applicable.
Pensions - The fiduciary net position of the Wisconsin Retirement System (WRS) has been determined
using the flow of economic resources measurement focus and accrual basis of accounting. This
includes for purposes of measuring the net pension liability (asset), deferred outflows of resources and
deferred inflows of resources related to pensions, and pension expense (revenue). Information about
the fiduciary net position of the WRS and additions to/deductions from WRS’ fiduciary net position have
been determined on the same basis as they are reported by the WRS. For this purpose, benefit
payments (including refunds of employee contributions) are recognized when due and payable in
accordance with the benefit terms. Investments are reported at fair value.
Other Post Employment Benefits (OPEB) - The fiduciary net position of the local retiree life insurance
fund (LRLIF) has been determined using the flow of economic resources measurement focus and the
accrual basis of accounting. This includes for purposes of measuring the net OPEB liability (asset),
deferred outflows of resources, and deferred inflows of resources related to other post employment
benefits, OPEB expense (revenue), and information about the fiduciary net position of the LRLIF and
additions to/deductions from LRLIFs fiduciary net position have been determined on the same basis as
they are reported by LRLIF. For this purpose, benefit payments (including refunds of employee
contributions) are recognized when due and payable in accordance with the benefit terms. Investments
are reported at fair value.
Deferred Outflows and Inflows of Resources - In addition to assets, the statement of net position will
sometimes report a separate section for deferred outflows of resources. This separate financial
statement element represents a consumption of net position that applies to future periods and will not
be recognized as an outflow of resources (expenditure) until then. The District has two items that
qualify for reporting in this category. They are the Wisconsin Retirement System pension and
Wisconsin Retirement System local retiree life insurance fund (LRLIF) reported in the government-wide
statement of net position. The Wisconsin Retirement System pension and Wisconsin Retirement
System LRLIF result from changes in their actuarial studies and are amortized over the average of the
expected remaining service lives of participants.
In addition to liabilities, the statement of net position will sometimes report a separate section for
deferred inflows of resources. This separate financial statement element represents an acquisition of
net position which applies to future periods and so will not be recognized as an inflow of resources
(revenue) until then. The District has two types of items, Wisconsin Retirement System pension and
Wisconsin Retirement System LRLIF which qualify for reporting in this category. The Wisconsin
Retirement System pension and Wisconsin Retirement System LRLIF result from changes in their
actuarial studies and are amortized over the average of the expected remaining service lives of
participants.
Estimates - The preparation of the financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that affect the
amounts reported in the financial statements and accompanying notes. Actual results may differ from
those estimates.
- 14 -

41

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 1 - Summary of Significant Accounting Policies - Continued
Net Position Classifications - Net position represents the difference between the total assets and
deferred outflows of resources and the total liabilities and deferred inflows of resources. Net investment
in capital assets consists of capital assets, net of accumulated depreciation, reduced by the outstanding
balances of any borrowings used for the acquisition, construction or improvement for those assets. Net
position is reported as restricted when there are limitations imposed on their use through external
restrictions imposed by creditors, grantors or laws or regulations of other governments.
Fund Balance Classifications - The District classifies its fund equity as follows: 1) nonspendable fund
balance consists of equity that is not in a spendable form or is legally or contractually required to be
maintained intact, 2) restricted fund balance consists of equity constrained to specific purposes by their
providers, externally imposed by creditors, constitutional provisions or by enabling legislation, 3)
committed fund balance consists of equity constrained to specific purposes by the District itself, using
its highest level of decision making authority - District Board resolutions, 4) assigned fund balance
consists of equity the governing body intends to use for a specific purpose, intent can be expressed by
the governing body, the District Board has delegated the authority to assign fund balances to the Fire
Chief and Deputy Fire Chief and 5) unassigned fund balance consists of equity available for any
purpose.
When net losses occur, it is the District’s policy to record the net loss against unassigned fund balance,
then assigned fund balance, and lastly to committed fund balance. The District applies restricted
resources when an expense is incurred for purposes for which both restricted and unrestricted
resources are available.
NOTE 2 - Cash and Investments
State statutes permit the District to invest available cash balances in time deposits of authorized
depositories, state obligations, U.S. Treasury obligations, U.S. agency issues, repurchase agreements
and other investments secured by federal securities, high grade commercial paper, and the local
government pooled-investment fund administered by the state investment board. No significant
violations of these restrictions occurred during the year.
As of December 31, 2025, the District had no investments.
Determining Fair Value - The District categorizes its fair value measurements within the fair value
hierarchy established by generally accepted accounting principles. The hierarchy is based on the
valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active
markets; level 2 inputs are significant other observable inputs; level 3 inputs are significant
unobservable inputs. The District has no items that require recurring fair value measurements.
Custodial Credit Risk - Deposits - Custodial credit risk is the risk that, in the event of a bank failure,
the District’s deposits may not be returned to it. The District does not have a deposit policy in place for
custodial credit risk. The State of Wisconsin’s Public Deposit Guarantee Fund created under Chapter
34 of the Wisconsin Statutes protects the municipality’s designated public depositories against any
losses of public funds up to $1,000,000 subject to the total amount of the Guarantee Fund available. As
of December 31, 2025, $1,764,074 of the District’s bank balance was insured. None of the District’s
bank balance was uninsured and uncollateralized.

- 15 -

42

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 3 - Capital Assets
Capital asset balances and activity for the year ended December 31, 2025 are as follows:
Beginning
Balance

Increases

Decreases

Ending
Balance

Governmental actvities:
Capital assets not being depreciated:
Construction in progress

$ 310,797 $ 108,005 $ (310,797) $ 108,005

Capital assets being depreciated:
Equipment

$ 6,085,975 $ 536,730 $ (393,407) $ 6,229,298

Less accumulated depreciation for:
Equipment

(2,497,281)

(475,477)

213,919

(2,758,839)

3,588,694

61,253

(179,488)

3,470,459

Total capital assets being depreciated,
net of accumulated depreciation
Governmental activities capital assets,
net of accumulated depreciation

$ 3,899,491 $ 169,258 $ (490,285) $ 3,578,464

$475,477 depreciation expense was charged to the public safety governmental function.
NOTE 4 - Long-Term Obligations
Long-term obligations are as follows:

Beginning
Balance
Governmental Activities
Compensated absences
Wisconsin Retirement System
Net pension liability
LRLIF
Total

Increases

Ending
Balance

Decreases

Amounts
Due Within
One Year

$ 131,715 $

12,476 $

-

$ 144,191 $

144,191

235,686
55,898
$ 423,299 $

41,355
317
54,148 $

-

277,041
56,215
$ 477,447 $

144,191

Compensated absences are reported as a net change.
NOTE 5 - Wisconsin Retirement System Pension
General Information about the Pension Plan
Plan Description - The WRS is a cost-sharing multiple-employer defined benefit pension plan. WRS
benefits and other plan provisions are established by Chapter 40 of the Wisconsin Statutes. Benefit
terms may only be modified by the legislature. The retirement system is administered by the Wisconsin
Department of Employee Trust Funds (ETF). The system provides coverage to all eligible State of
Wisconsin, local government and other public employees. All employees, initially employed by a
participating WRS employer on or after July 1, 2011, and expected to work at least 1200 hours a year
- 16 -

43

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 5 - Wisconsin Retirement System Pension - Continued
(880 hours for teachers and school district educational support employees) and expected to be
employed for at least one year from employee’s date of hire are eligible to participate in the WRS.
ETF issues a standalone Annual Comprehensive Financial Report (ACFR), which can be found at
https://etf.wi.gov/about-etf/reports-and-studies/financial-reports-and-statements.
Additionally, ETF issued a standalone Wisconsin Retirement System Financial Report, which can also
be found using the link above.
Vesting - For employees beginning participation on or after January 1, 1990, and no longer actively
employed on or after April 24, 1998, creditable service in each of five years is required for eligibility for
a retirement annuity. Participants employed prior to 1990 and on or after April 24, 1998, and prior to
July 1, 2011, are immediately vested. Participants who initially became WRS eligible on or after July 1,
2011, must have five years of creditable service to be vested.
Benefits Provided - Employees who retire at or after age 65 (54 for protective occupation employees
and 62 for elected officials and executive service retirement plan participants, if hired on or before
12/31/2016) are entitled to a retirement benefit based on a formula factor, their final average earnings,
and creditable service.
Final average earnings is the average of the participant's three highest annual earning periods.
Creditable service includes current service and prior service for which a participant received earnings
and made contributions as required. Creditable service also includes creditable military service. The
retirement benefit will be calculated as a money purchase benefit based on the employee’s
contributions plus matching employer’s contributions, with interest, if that benefit is higher than the
formula benefit.
Vested participants may retire at or after age 55 (50 for protective occupations) and receive an
actuarially-reduced benefit. Participants terminating covered employment prior to eligibility for an
annuity may either receive employee-required contributions plus interest as a separation benefit or
leave contributions on deposit and defer application until eligible to receive a retirement benefit.
The WRS also provides death and disability benefits for employees.
Post-Retirement Adjustments - The Employee Trust Funds Board may periodically adjust annuity
payments from the retirement system based on annual investment performance in accordance with s.
40.27, Wis. Stat. An increase (or decrease) in annuity payments may result when investment gains
(losses), together with other actuarial experience factors, create a surplus (shortfall) in the reserves, as
determined by the system’s consulting actuary. Annuity increases are not based on cost of living or
other similar factors. For Core annuities, decreases may be applied only to previously granted
increases. By law, Core annuities cannot be reduced to an amount below the original, guaranteed
amount (the “floor”) set at retirement. The Core and Variable annuity adjustments granted during
recent years are as follows:

- 17 -

44

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 5 - Wisconsin Retirement System Pension - Continued
Year
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Core Fund Adjustment
(%)
2.9
.5
2
2.4
1.7
5.1
7.4
1.6
3.6

Variable Fund Adjustment
(%)
2
(5)
4
17
(10)
21
13
15
(21)
15

Contributions - Required contributions are determined by an annual actuarial valuation in accordance
with Chapter 40 of the Wisconsin Statutes. The employee required contribution is one-half of the
actuarially determined contribution rate for general category employees, including teachers, and
Executives and Elected Officials. Starting on January 1, 2016, the Executives and Elected Officials
category was merged into the General Employee Category. Required contributions for protective
employees are the same rate as general employees. Employers are required to contribute the
remainder of the actuarially determined contribution rate. The employer may not pay the employee
required contribution unless provided for by an existing collective bargaining agreement.
During the reporting period, the WRS recognized $299,596 in contributions from the employer.
Contribution rates as of December 31, 2024 are:
Employee Category
General (including teachers,
executives, and elected officials)
Protective with Social Security
Protective without Social Security
Act 4 Protective County Jailers

Employee
6.90%

Employer
6.90%

6.90%
6.90%
14.30%

14.30%
19.10%
6.90%

Pension Liabilities, Pension Expense (Revenue), Deferred Outflows of Resources, and Deferred
Inflows of Resources Related to Pensions
At December 31, 2025, the District reported a liability (asset) of $277,041 for its proportionate share of
the net pension liability (asset). The net pension liability (asset) was measured as of December 31,
2024, and the total pension liability used to calculate the net pension liability (asset) was determined by
an actuarial valuation as of December 31, 2023 rolled forward to December 31, 2024. No material
changes in assumptions or benefit terms occurred between the actuarial valuation date and the
measurement date. The District’s proportion of the net pension liability (asset) was based on the
District’s share of contributions to the pension plan relative to the contributions of all participating
employers. At December 31, 2024, the District’s proportion was 0.01686025%, which was an increase
of 0.0010084% from its proportion measured as of December 31, 2023.
For the year ended December 31, 2025, the District recognized pension expense (revenue) of
$362,664.

- 18 -

45

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 5 - Wisconsin Retirement System Pension - Continued
At December 31, 2025, the District reported deferred outflows of resources and deferred inflows of
resources related to pensions from the following sources:

Differences between expected and actual experience
Net differences between projected and actual earnings on
pension plan investments
Changes in assumptions
Changes in proportion and differences between employer
contributions and proportionate share of contributions
Employer contributions subsequent to the measurement
date
Total

Deferred
Outflows of
Resources
$
860,367

Deferred
Inflows of
Resources
$ 808,475

420,980
82,203

-

-

23,469

299,596
1,663,146

$ 831,944

$

$299,596 reported as deferred outflows related to pension resulting from the WRS Employer’s
contributions subsequent to the measurement date will be recognized as a reduction of the net pension
liability (asset) in the year ended December 31, 2026. Other amounts reported as deferred outflows of
resources and deferred inflows of resources related to pension will be recognized in pension expense
(revenue) as follows:
Year Ending
December 31
2026
2027
2028
2029
Thereafter

Deferred Outflows
and (Inflows) of
Resources
$
156,186
566,410
(145,754)
(45,236)
-

Actuarial Assumptions - The total pension liability (asset) in the December 31, 2024, actuarial
valuation was determined using the following actuarial assumptions, applied to all periods included in
the measurement:
Actuarial Valuation Date:
Measurement Date of Net Pension Liability
(Asset):
Experience Study:

December 31, 2023
December 31, 2024
January 1, 2021 - December 31, 2023
Published November 19, 2024
Entry Age Normal
Fair Value
6.8%
6.8%

Actuarial Cost Method:
Asset Valuation Method:
Long-Term Expected Rate of Return:
Discount Rate:
Salary Increases:
Wage Inflation
Seniority/Merit
Mortality:
Post-retirement Adjustments:*

3%
.1% - 5.7%
2020 WRS Experience Mortality Table
1.7%
- 19 -

46

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 5 - Wisconsin Retirement System Pension - Continued
* No post-retirement adjustment is guaranteed. Actual adjustments are based on recognized
investment return, actuarial experience and other factors. 1.7% is the assumed annual adjustment
based on the investment return assumption and the post-retirement discount rate. Includes the impact
of known Market Recognition Account deferred gains/losses on the liability for dividend payments.
Actuarial assumptions are based upon an experience study conducted in 2024 that covered a threeyear period from January 1, 2021 to December 31, 2023. Based on this experience study, actuarial
assumptions used to measure the total pension liability changed from prior year, including seniority
(merit) and separation rates. The total pension liability (asset) for December 31, 2024 is based upon a
roll-forward of the liability (asset) calculated from the December 31, 2023 actuarial valuation.
Long-Term Expected Return on Plan Assets - The long-term expected rate of return on pension plan
investments was determined using a building-block method in which best-estimate ranges of expected
future real rates of return (expected returns, net of pension plan investment expense and inflation) are
developed for each major asset class. These ranges are combined to produce the long-term expected
rate of return by weighting the expected future real rates of return by the target asset allocation
percentage and by adding expected inflation. The target allocation and best estimates of arithmetic
real rates of return for each major asset class are summarized in the following table:
Asset Allocation Targets and Expected Returns
As of December 31, 2024

Core Fund Asset Class
Public Equity
Public Fixed Income
Inflation Sensitive Assets
Real Estate
Private Equity/Debt
Leverage
Total Core Fund
Variable Fund Asset Class
U.S. Equities
International Equities
Total Variable Fund

Asset Allocation %
38
27
20
19
8
(12)
100

Long-Term
Expected
Nominal Rate
of Return %
7
6.1
9.5
4.8
6.5
3.7
7.5

Long-Term
Expected Real
Rate of Return %
4.3
3.4
6.7
2.1
3.8
1.1
4.8

70
30
100

6.5
7.4
6.9

3.8
4.7
4.2

Asset Allocations are managed within established ranges, target percentages may differ from actual monthly allocations.
New England Pension Consultants Long-Term US CPI (Inflation) Forecast 2.6%.
The investment policy used for the Core fund involves reducing equity exposure by leveraging lower-volatility assets, such as
fixed income securities. Currently, an asset allocation target of 12% policy leverage is used, subject to an allowable range of
up to 20%.

Single Discount Rate - A single discount rate of 6.8% was used to measure the total pension liability
(asset) for the current and prior year. This single discount rate is based on the expected rate of return
on pension plan investments of 6.8% and a municipal bond rate of 4.08% (Source: “20-Bond GO Index”
is the Bond Buyer Index, general obligation, 20 years to maturity, mixed quality as of December 31,
2024. In describing this index, the Bond Buyer notes that the bonds’ average quality is roughly
- 20 -

47

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 5 - Wisconsin Retirement System Pension - Continued
equivalent to Moody’s Investors Service’s Aa2 rating and Standard and Poor’s Corp.’s AA.). Because of
the unique structure of WRS, the 6.8% expected rate of return implies that a dividend of approximately
1.7% will always be paid. For purposes of the single discount rate, it was assumed that the dividend
would always be paid. The projection of cash flows used to determine this single discount rate assumed
that plan member contributions will be made at the current contribution rate and that employer
contributions will be made at rates equal to the difference between actuarially determined contribution
rates and the member rate. Based on these assumptions, the pension plan’s fiduciary net position was
projected to be available to make all projected future benefit payments (including expected dividends)
of current plan members. Therefore, the municipal bond rate of return on pension plan investments was
applied to all periods of projected benefit payments to determine the total pension liability (asset).
Sensitivity of the District’s Proportionate Share of the Net Pension Liability (Asset) to Changes
in the Discount Rate - The following presents the District’s proportionate share of the net pension
liability (asset) calculated using the discount rate of 6.8 percent, as well as what the District’s
proportionate share of the net pension liability (asset) would be if it were calculated using a discount
rate that is one percentage-point lower (5.8 percent) or one percentage-point higher (7.8 percent) than
the current discount rate:
1% Decrease
to Discount
Rate (5.8%)
District’s proportionate share of
the net pension liability (asset)

$

2,599,013

Current Discount
Rate (6.8%)
$

277,041

1% Increase to
Discount Rate
(7.8%)
$

(1,372,652)

Pension Plan Fiduciary Net Position - Detailed information about the pension plan’s fiduciary net
position is available in separately issued financial statements available at https://etf.wi.gov/aboutetf/reports-and-studies/financial-reports-and-statements.
Payables to the Pension Plan - The District reported a payable of $41,583 for the outstanding amount
of contributions to the pension plan required for the year ended December 31, 2025.
NOTE 6 - Wisconsin Retirement System Local Retiree Life Insurance Fund
General Information about the Other Post Employment Benefits
Plan Description - The LRLIF is a multiple-employer, defined-benefit OPEB plan. LRLIF benefits and
other plan provisions are established by Chapter 40 of the Wisconsin Statutes. The Wisconsin
Department of Employee Trust Funds (ETF) and the Group Insurance Board have statutory authority
for program administration and oversight. The plan provides post employment life insurance benefits for
all eligible employees.
OPEB Plan Fiduciary Net Position - ETF issues a standalone Annual Comprehensive Financial
Report (ACFR), which can be found at https://etf.wi.gov/about-etf/reports-and-studies/financial-reportsand-statements.
Additionally, ETF issued a standalone Retiree Life Insurance Financial Report, which can also be found
using the link above.
Contributions - The Group Insurance Board approves contribution rates annually, based on
recommendations from the insurance carrier. Recommended rates are based on an annual valuation,
- 21 -

48

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 6 - Wisconsin Retirement System Local Retirement Life Insurance Fund - Continued
taking into consideration an estimate of the present value of future benefits and the present value of
future contributions. A portion of employer contributions made during a member’s working lifetime funds
a post retirement benefit.
Employers are required to pay the following contributions based on employee contributions for active
members to provide them with basic coverage after age 65. There are no employer contributions
required for pre-age 65 annuitant coverage. If a member retires prior to age 65, they must continue
paying the employee premiums until age 65 in order to be eligible for the benefit after age 65.
Contribution rates as of December 31, 2024 are:
Coverage Type
50% post-retirement coverage
25% post-retirement coverage

Employer Contribution
40% of employee contribution
20% of employee contribution

Employee contributions are based upon nine age bands through age 69 and an additional eight age
bands for those age 70 and over. Participating employees must pay monthly contribution rates per
$1,000 of coverage until the age of 65 (age 70 if active). The employee contribution rates in effect for
the year ended December 31, 2024 are as listed below:
Attained Age
Under 30
30-34
35-39
40-44
45-49
50-54
55-59
60-64
65-69

Basic
$.05
.06
.07
.08
.12
.22
.39
.49
.57

Supplemental
$.05
.06
.07
.08
.12
.22
.39
.49
.57

*Disabled members under age 70 receive a waiver-of-premium benefit.

During the reporting period, the LRLIF recognized $497 in contributions from the employer.
OPEB Liabilities, OPEB Expense (Revenue), Deferred Outflows of Resources, and Deferred
Inflows of Resources Related to OPEBs
At December 31, 2025, the District reported a liability (asset) of $56,215 for its proportionate share of
the net OPEB liability (asset). The net OPEB liability (asset) was measured as of December 31, 2024,
and the total OPEB liability used to calculate the net OPEB liability (asset) was determined by an
actuarial valuation as of January 1, 2024 rolled forward to December 31, 2024. No material changes in
assumptions or benefit terms occurred between the actuarial valuation date and the measurement date.
The District’s proportion of the net OPEB liability (asset) was based on the District’s share of
contributions to the OPEB plan relative to the contributions of all participating employers. At December
31, 2024, the District’s proportion was 0.014369%, which was an increase of 0.002219% from its
proportion measured as of December 31, 2023.
For the year ended December 31, 2025, the District recognized OPEB expense (revenue) of $8,037.

- 22 -

49

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 6 - Wisconsin Retirement System Local Retirement Life Insurance Fund - Continued
At December 31, 2025, the District reported deferred outflows of resources and deferred inflows of
resources related to OPEBs from the following sources:

Differences between expected and actual experience
Net differences between projected and actual earnings on
OPEB plan investments
Changes in assumptions
Changes in proportion and differences between employer
contributions and proportionate share of contributions
Employer contributions subsequent to the measurement
date
Total

Deferred
Outflows of
Resources
$
-

Deferred
Inflows of
Resources
$
5,847

772
13,794

31,530

22,950

-

497
38,013

37,377

$

$

$497 reported as deferred outflows related to OPEB resulting from the LRLIF Employer’s contributions
subsequent to the measurement date will be recognized as a reduction of the net OPEB liability (asset)
in the year ended December 31, 2026. Other amounts reported as deferred outflows of resources and
deferred inflows of resources related to OPEB will be recognized in OPEB expense (revenue) as
follows:
Year Ending
December 31
2026
2027
2028
2029
Thereafter

Deferred Outflows
and (Inflows) of
Resources
$
3,291
522
(2,014)
(2,545)
885

Actuarial Assumptions - The total OPEB liability (asset) in the January 1, 2024 actuarial valuation
was determined using the following actuarial assumptions, applied to all periods included in the
measurement:
Actuarial Valuation Date:
Measurement Date of Net OPEB Liability
(Asset):
WRS Experience Study:

January 1, 2024
December 31, 2024
January 1, 2021 - December 31, 2023
Published November 19, 2024
Entry Age Normal
4.08%
4.25%
4.09%

Actuarial Cost Method:
20 Year Tax Exempt Municipal Bond Yield*:
Long-Term Expected Rate of Return:
Discount Rate:
Salary Increases:
Wage Inflation
3%
Seniority/Merit
.1% - 5.7%
Mortality:
2020 WRS Experience Mortality Table
*Based on the Bond Buyer GO 20-Bond Municipal index.
- 23 -

50

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 6 - Wisconsin Retirement System Local Retirement Life Insurance Fund - Continued
Actuarial assumptions are based upon an experience study conducted in 2024 that covered a threeyear period from January 1, 2021 to December 31, 2023. The total OPEB liability (asset) for December
31, 2024 is based upon a roll-forward of the liability (asset) calculated from the January 1, 2024
actuarial valuation.
Long-Term Expected Return on Plan Assets - The long-term expected rate of return is determined
by adding expected inflation to expected long-term real returns and reflecting expected volatility and
correlation. Investments for the LRLIF are held with Securian, the insurance carrier. Interest is
calculated and credited to the LRLIF based on the rate of return for a segment of the insurance carriers’
general fund, specifically 10-year A- Bonds (as a proxy, and not tied to any specific investments). The
overall aggregate interest rate is calculated using a tiered approach based on the year the funds were
originally invested and the rate of return for that year. Investment interest is credited based on the
aggregate rate of return and assets are not adjusted to fair market value. Furthermore, the insurance
carrier guarantees the principal amounts of the reserves, including all interest previously credited
thereto.
Local OPEB Life Insurance
Asset Allocation Targets and Expected Returns
As of December 31, 2024

Asset Class
Index
US Intermediate Credit
Bloomberg US Interm
Bonds
Credit
US Mortgages
Barclays US MBS
Inflation
Long-term Expected Rate of Return

Target
Allocation %
40
60

Long-Term Expected
Geometric Real Rate
of Return %
2.41
2.71
2.3
4.25

Single Discount Rate - A single discount rate of 4.09% was used to measure the total OPEB liability
(asset) for the current year, as opposed to a discount rate of 3.32% for the prior year. The significant
change in the discount rate was primarily caused by the increase in the municipal bond rate from 3.26%
as of December 31, 2023 to 4.08% as of December 31, 2024. The plan’s fiduciary net position was
projected to be insufficient to make all projected future benefit payments of current active and inactive
employees. Therefore, the discount rate for calculating the total OPEB liability (asset) is equal to the
single equivalent rate that results in the same actuarial present value as the long-term expected rate of
return applied to benefit payments, to the extent that the plan’s fiduciary net position is projected to be
sufficient to make projected benefit payments, and the municipal bond rate applied to benefit payments
to the extent that the plan’s fiduciary net position is projected to be insufficient. The plan’s fiduciary net
position was projected to be available to make projected future benefit payments of current plan
members through December 31, 2037.
The projection of cash flows used to determine the single discount rate assumed that employer
contributions will be made according to the current employer contribution schedule and that
contributions are made by plan members retiring prior to age 65.
Sensitivity of the District’s Proportionate Share of the Net OPEB Liability (Asset) to Changes in
the Discount Rate - The following presents the District’s proportionate share of the net OPEB liability

- 24 -

51

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO THE BASIC FINANCIAL STATEMENTS - Continued
DECEMBER 31, 2025
NOTE 6 - Wisconsin Retirement System Local Retirement Life Insurance Fund - Continued
(asset) calculated using the discount rate of 4.09 percent, as well as what the District’s proportionate
share of the net OPEB liability (asset) would be if it were calculated using a discount rate that is 1percentage-point lower (3.09 percent) or 1-percentage-point higher (5.09 percent) than the current rate:
1% Decrease to
Discount Rate
(3.09%)
District’s proportionate share of
the net OPEB liability (asset)

$

75,140

Current Discount
Rate (4.09%)
$

1% Increase to
Discount Rate
(5.09%)

56,215

$

41,632

Payables to the Pension Plan - The District reported a payable of zero for the outstanding amount of
contributions to the OPEB plan required for the year ended December 31, 2025.
NOTE 7 - Fund Balance and Net Position
Portions of fund balances and net position are not available for current appropriation or expenditure as
follows:
Governmental Fund
Nonspendable
General
Assigned
General
General
Capital equipment

Purpose

Amount

Prepaid expense

$

4,231

EMS donated
Equipment and training
Equipment

$
$
$

4,539
98,221
395,122

The District has adopted a minimum fund balance policy to maintain an unassigned fund balance in the
general fund between 25 - 33% of current year expenditures.
NOTE 8 - Risk Management
The District is exposed to various risks of losses related to torts; theft of, damage to, and destruction of
assets; errors and omissions; employee health and accident claims; and natural disasters. For all risks
of loss, the District’s policy is to purchase commercial insurance. Settled claims have not exceeded
commercial insurance coverage in any of the past three years and there has been no significant
reduction in insurance coverage from the prior year.
NOTE 9 - Transfer of Operations
The District is a separate municipal corporation, organized as a regional fire district. Under an
intergovernmental agreement (charter) between the Village of Rib Mountain and the Village of Weston,
the municipalities have determined that it is in their best interest to create a fire department and
ambulance service pursuant to Wisconsin Statutes 60.55 and 66.031. When the District was created
the Village of Rib Mountain and Village of Weston transferred fire engines, trucks, ambulances, and
various other equipment having a carrying value of $1,380,744 and $973,865, respectively. The District
did not assume any of the Town’s or Village’s long-term debt related to the fire and ambulance service
operations.

- 25 -

52

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
REQUIRED
SUPPLEMENTARY INFORMATION

53

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
BUDGETARY COMPARISON SCHEDULE FOR THE GENERAL FUND
BUDGET AND ACTUAL
YEAR ENDED DECEMBER 31, 2025

BUDGETED AMOUNTS
ORIGINAL
FINAL
REVENUES
Intergovernmental
Fines, forfeits and penalties
Public charges for services
Intergovernmental charges for services
Miscellaneous
TOTAL REVENUES

$

EXPENDITURES
Current
Public safety
TOTAL EXPENDITURES

1,971,906
1,464,000
149,766
2,000
3,587,672

$

2,075,906
1,464,000
149,766
2,000
3,691,672

ACTUAL
$

2,083,479
600
1,498,553
153,018
23,948
3,759,598

VARIANCE WITH
FINAL BUDGET
POSITIVE
(NEGATIVE)
$

7,573
600
34,553
3,252
21,948
67,926

3,662,671
3,662,671

3,766,671
3,766,671

3,734,064
3,734,064

32,607
32,607

(74,999)

(74,999)

25,534

100,533

OTHER FINANCING SOURCES (USES)
Sale of capital assets

75,000

75,000

163

(74,837)

NET CHANGE IN FUND BALANCE
FUND BALANCE - BEGINNING OF YEAR
FUND BALANCE - END OF YEAR

1
1,368,074
1,368,075

1
1,368,074
1,368,075

25,697
1,368,074
1,393,771

25,696
25,696

EXCESS (DEFICIENCY) OF REVENUES
OVER EXPENDITURES

$

$

$

The accompanying notes are an integral part of these statements.
- 26 -

$

54

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION
ON BUDGETARY ACCOUNTING AND CONTROL
DECEMBER 31, 2025
NOTE 1 - Budgetary Information - Budgets are adopted each fiscal year for the general fund in
accordance with Section 65.90 of the Wisconsin Statutes. The District follows these procedures in
establishing the budgetary data reflected in the financial statements.
1.

Starting in June of each year, the battalion chiefs, captains, and lieutenants submit requests for
appropriations to management. Then the chief, deputy chief, and EMS division chief prepare
the operating and capital budgets. They then present the budgets to the District Board for the
fiscal year commencing the following January 1. The operating and capital budgets include
proposed expenditures and the means of financing them.

2.

A public hearing is conducted for taxpayers to approve the budget. This includes all required
public notifications and publications prior to the public hearing.

3.

The budget is forwarded to the Village of Rib Mountain and Village of Weston to be included in
their enacted budgets.

4.

The chief, deputy chief, and EMS division chief are authorized to transfer budget amounts
within departmental operating expenses; however, any other revisions that alter the total
expenditures of any fund or department must be approved by the District Board.

5.

Formal budgetary integration is employed as a management control device during the year for
the general fund.

6.

Budgets are adopted on a basis consistent with Generally Accepted Accounting Principles in
the United States of America.

7.

Budgetary expenditure control is exercised at the department level within the fund.

8.

Budgeted amounts are as authorized in the original budget resolution and subsequent revisions
authorized by the District Board.

9.

Appropriations lapse at year-end, except those specifically carried forward by Board action.

10.

Encumbrance accounting is not used.

NOTE 2 - Excess of Actual Expenditure Over Budget - No expenditure classifications were in
excess of $1,000 over budget.

- 27 -

55

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
WISCONSIN RETIREMENT SYSTEM PENSION SCHEDULES
YEAR ENDED DECEMBER 31, 2025
SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY (ASSET)
Last 10 Fiscal Years *

Pension
Plan Fiscal
Year
2024
2023
2022
2021
2020
2019
2018
2017
2016

Proportion of
Proportionate Share Plan Fiduciary Net
the Net
of the Net Pension
Position as a
Proportionate
Pension
Liability (Asset) as a Percentage of the
Share of the Net
Liability
Percentage of its
Total Pension
Pension Liability
Covered
Covered Payroll
(Asset)
(Asset)
Liability (Asset)
Payroll
0.01686025% $
277,041 $ 1,815,150
15.26%
98.79%
0.01585185%
235,686
1,614,717
14.60%
98.85%
0.01517173%
803,753
1,660,116
48.42%
95.72%
0.01399160%
(1,127,748)
1,456,794
-77.41%
106.02%
0.01329451%
(829,994)
1,339,080
-61.98%
105.26%
0.01145145%
(369,247)
1,312,917
-28.12%
102.96%
0.00912743%
324,725
1,231,244
26.37%
96.45%
0.00724908%
(215,233)
787,720
-27.32%
102.93%
0.00601053%
49,541
618,082
8.02%
99.12%
SCHEDULE OF CONTRIBUTIONS
Last 10 Fiscal Years

District
Fiscal Year
End
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Contractually
Required
Contributions
$
299,596
260,494
210,541
197,591
171,301
156,002
138,512
131,673
83,498
58,099

Contributions in
Relation to the
Contractually
Contribution
Required
Deficiency
Contributions
(Excess)
$
(299,596) $
(260,494)
(210,541)
(197,591)
(171,301)
(156,002)
(138,512)
(131,673)
(83,498)
(58,099)
-

$

Covered Payroll
2,011,325
1,815,150
1,614,717
1,660,116
1,456,794
1,339,080
1,312,917
1,231,244
787,720
618,082

Contributions as a
Percentage of
Covered Payroll
14.90%
14.35%
13.04%
11.90%
11.76%
11.65%
10.55%
10.69%
10.60%
9.40%

The District implemented the Government Accounting Standards Board Statement No. 68 for the year
ended December 31, 2017. The District began participating as a separate employer in 2017.
Requirements have been implemented prospectively; therefore, the above illustrations do not reflect
similar information for the proceeding years.
Notes to Required Supplementary Information for the Year Ended December 31, 2025
Changes of benefit terms - there were no changes of benefit terms for any participating employer in
Wisconsin Retirement System.
Changes of assumptions - Based on a three-year experience study conducted in 2021 covering January
1, 2018 through December 31, 2020, the ETF Board adopted assumption changes that were used to
measure the total pension liability beginning with the year ended December 31, 2021, including the
following:
* Lowering the long-term expected rate of return from 7% to 6.8%
* Lowering the discount rate from 7% to 6.8%
* Lowering the price inflation rate from 2.5% to 2.4%
* Lowering the post-retirement adjustments from 1.9% to 1.7%
* Mortality assumptions were changed to reflect updated trends by transitioning from the
Wisconsin 2018 Mortality Table to the 2020 WRS Experience Mortality Table.
Based on a three-year experience study conducted in 2018 covering January 1, 2015 through December
31, 2017, the ETF Board adopted assumption changes that were used to measure the total pension
liability beginning with the year-ended December 31, 2018, including the following:
* Lowering the long-term expected rate of return from 7.2% to 7.0%
* Lowering the discount rate from 7.2% to 7.0%
* Lowering the wage inflation rate from 3.2% to 3.0%
* Lowering the price inflation rate from 2.7% to 2.5%
* Lowering the post-retirement adjustments from 2.1% to 1.9%
* Mortality assumptions were changed to reflect updated trends by transitioning from the
Wisconsin 2012 Mortality Table to the Wisconsin 2018 Mortality Table.

- 28 -

56

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
WISCONSIN RETIREMENT SYSTEM PENSION SCHEDULES - Continued
YEAR ENDED DECEMBER 31, 2025
Notes to Required Supplementary Information for the Year Ended December 31, 2025 - Continued
SIGNIFICANT METHODS AND ASSUMPTIONS USED IN CALCULATING WISCONSIN RETIREMENT SYSTEM ACTUARIALLY DETERMINED
CONTRIBUTIONS:

Valuation Date:

2024
December 31, 2022

2023
December 31, 2021

2022
December 31, 2020

2021
December 31, 2019

2020
December 31, 2018

Actuarial Cost Method:

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Amortization Method:

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Amortization Period:

30 Year closed from 30 Year closed from 30 Year closed from 30 Year closed from 30 Year closed from
date of participation date of participation date of participation date of participation date of participation
in WRS
in WRS
in WRS
in WRS
in WRS

Asset Valuation Method:

Five Year Smoothed Five Year Smoothed Five Year Smoothed Five Year Smoothed Five Year Smoothed
Market (Closed)
Market (Closed)
Market (Closed)
Market (Closed)
Market (Closed)

Actuarial Assumptions
Net Investment Rate of Return:
Weighted based on assumed rate for:
Pre-retirement:
Post-retirement:
Salary Increases
Wage Inflation:
Seniority/Merit:
Post Retirement Benefit Adjustments

5.4%

5.4%

5.4%

5.4%

5.5%

6.8%
5.0%

6.8%
5.0%

7.0%
5.0%

7.0%
5.0%

7.2%
5.0%

3.0%
0.1% - 5.7%
1.7%

3.0%
0.1% - 5.6%
1.7%

3.0%
0.1% - 5.6%
1.9%

3.0%
0.1% - 5.6%
1.9%

3.2%
0.1% - 5.6%
2.1%

Retirement Age:

Experience-based
Experience-based
Experience-based
Experience-based
Experience-based
table of rates that are table of rates that are table of rates that are table of rates that are table of rates that are
specific to the type of specific to the type of specific to the type of specific to the type of specific to the type of
eligibility condition.
eligibilty condition.
eligibilty condition.
eligibilty condition.
eligibilty condition.
Last updated for the Last updated for the Last updated for the Last updated for the Last updated for the
2015 valuation
2018 valuation
2018 valuation
2021 valuation
2021 valuation
pursuant to an
pursuant to an
pursuant to an
pursuant to an
pursuant to an
experience study of experience study of experience study of experience study of experience study of
the period 2012the period 2015the period 2015the period 2018the period 20182014.
2017.
2017.
2020.
2020.

Mortality:

2020 WRS
2020 WRS
Wisconsin 2018
Wisconsin 2018
Wisconsin 2012
Experience Tables. Experience Tables. Mortality Table. The Mortality Table. The Mortality Table. The
The rates based on The rates based on
rates based on
rates based on
rates based on
actual WRS
actual WRS
actual WRS
actual WRS
actual WRS
experience adjusted experience adjusted experience adjusted experience adjusted experience adjusted
for future mortality
for future mortality
for future mortality
for future mortality
for future mortality
improvements using improvements using improvements using improvements using improvements using
the MP-2021 fully
the MP-2021 fully
the MP-2018 fully
the MP-2018 fully
the MP-2015 fully
generational
generational
generational
generational
generational
improvement scale improvement scale improvement scale improvement scale improvement scale
from a base year of from a base year of (multiplied by 60%). (multiplied by 60%). (multiplied by 50%).
2010
2010

* No post-retirement adjustment is guaranteed. Actual adjustments are based on recognized investment return, actuarial experience, and other factors.
Value is the assumed annual adjustment based on the investment return assumption and the post-retirement discount rate.

- 29 -

57

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
WISCONSIN RETIREMENT SYSTEM PENSION SCHEDULES - Continued
YEAR ENDED DECEMBER 31, 2025
Notes to Required Supplementary Information for the Year Ended December 31, 2025 - Continued
SIGNIFICANT METHODS AND ASSUMPTIONS USED IN CALCULATING WISCONSIN RETIREMENT SYSTEM ACTUARIALLY DETERMINED
CONTRIBUTIONS:

Valuation Date:

2019
December 31, 2017

2018
December 31, 2016

2017
December 31, 2015

2016
December 31, 2014

2015
December 31, 2013

Actuarial Cost Method:

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Frozen Entry Age

Amortization Method:

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Level Percent of
Payroll-Closed
Amortization Period

Amortization Period:

30 Year closed from 30 Year closed from 30 Year closed from 30 Year closed from 30 Year closed from
date of participation date of participation date of participation date of participation date of participation
in WRS
in WRS
in WRS
in WRS
in WRS

Asset Valuation Method:

Five Year Smoothed Five Year Smoothed Five Year Smoothed Five Year Smoothed Five Year Smoothed
Market (Closed)
Market (Closed)
Market (Closed)
Market (Closed)
Market (Closed)

Actuarial Assumptions
Net Investment Rate of Return:
Weighted based on assumed rate for:
Pre-retirement:
Post-retirement:
Salary Increases
Wage Inflation:
Seniority/Merit:
Post Retirement Benefit Adjustments

5.5%

5.5%

5.5%

5.5%

5.5%

7.2%
5.0%

7.2%
5.0%

7.2%
5.0%

7.2%
5.0%

7.2%
5.0%

3.2%
0.1% - 5.6%
2.1%

3.2%
0.1% - 5.6%
2.1%

3.2%
0.1% - 5.6%
2.1%

3.2%
0.1% - 5.6%
2.1%

3.2%
0.1% - 5.6%
2.1%

Retirement Age:

Experience-based
Experience-based
Experience-based
Experience-based
Experience-based
table of rates that are table of rates that are table of rates that are table of rates that are table of rates that are
specific to the type of specific to the type of specific to the type of specific to the type of specific to the type of
eligibilty condition.
eligibilty condition.
eligibilty condition.
eligibilty condition.
eligibilty condition.
Last updated for the Last updated for the Last updated for the Last updated for the Last updated for the
2012 valuation
2012 valuation
2015 valuation
2015 valuation
2015 valuation
pursuant to an
pursuant to an
pursuant to an
pursuant to an
pursuant to an
experience study of experience study of experience study of experience study of experience study of
the period 2009the period 2009the period 2012the period 2012the period 20122011.
2011.
2014.
2014.
2014.

Mortality:

Wisconsin 2012
Wisconsin 2012
Wisconsin 2012
Wisconsin 2012
Wisconsin 2012
Mortality Table. The Mortality Table. The Mortality Table. The Mortality Table. The Mortality Table. The
rates based on
rates based on
rates based on
rates based on
rates based on
actual WRS
actual WRS
actual WRS
actual WRS
actual WRS
experience adjusted experience adjusted experience adjusted experience projected experience projected
for future mortality
for future mortality
for future mortality
to 2017 with scale
to 2017 with scale
BB to all for future
improvements using improvements using improvements using BB to all for future
the MP-2015 fully
the MP-2015 fully
the MP-2015 fully
improvements
improvements
generational
generational
generational
(margin) in mortality. (margin) in mortality.
improvement scale improvement scale improvement scale
(multiplied by 50%). (multiplied by 50%). (multiplied by 50%).

* No post-retirement adjustment is guaranteed. Actual adjustments are based on recognized investment return, actuarial experience, and other factors.
Value is the assumed annual adjustment based on the investment return assumption and the post-retirement discount rate.

- 30 -

58

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
WISCONSIN RETIREMENT SYSTEM LOCAL RETIREE LIFE INSURANCE FUND SCHEDULES
YEAR ENDED DECEMBER 31, 2025
SCHEDULE OF PROPORTIONATE SHARE OF THE NET OPEB LIABILITY (ASSET)
Last 10 Fiscal Years *

OPEB Plan
Fiscal Year
2024
2023
2022
2021
2020
2019
2018
2017

Proportion of Proportionate
the Net OPEB Share of the Net
Covered
Liability
OPEB Liability
Payroll
(Asset)
(Asset)
0.01436900% $
56,215 $ 1,361,000
0.01215000%
55,898
1,069,000
0.01030000%
39,241
738,000
0.00922100%
54,500
728,000
0.00783300%
43,087
761,000
0.00673700%
28,687
568,000
0.00647700%
16,713
611,000
0.00603100%
18,145
253,621

Proportionate Share Plan Fiduciary Net
of the Net OPEB
Position as a
Liability (Asset) as a Percentage of the
Percentage of its
Total OPEB
Covered Payroll
Liability (Asset)
4.13%
37.20%
5.23%
33.90%
5.32%
38.81%
7.49%
29.57%
5.66%
31.36%
5.05%
37.58%
2.74%
48.69%
7.15%
44.81%

SCHEDULE OF CONTRIBUTIONS
Last 10 Fiscal Years

Contractually
District Fiscal
Required
Contributions
Year End
2025
$
497
2024
302
2023
247
2022
206
2021
182
2020
156
2019
121
2018
124
2017
114

Contributions in
Relation to the
Contribution
Contractually
Deficiency
Required
(Excess)
Contributions
$
(497) $
(302)
(247)
(206)
(182)
(156)
(121)
(124)
(114)
-

$

Covered Payroll
1,526,000
1,361,000
1,069,000
738,000
728,000
761,000
568,000
611,000
253,621

Contributions as a
Percentage of
Covered Payroll
0.03%
0.02%
0.02%
0.03%
0.03%
0.02%
0.02%
0.02%
0.04%

The District implemented the Government Accounting Standards Board Statement No. 75 for the year
ended December 31, 2018. Requirements have been implemented prospectively; therefore, the above
illustrations do not reflect similar information for the proceeding years.
Notes to Required Supplementary Information for the Year Ended December 31, 2025
Changes of benefit terms - there were no changes of benefit terms.
Changes of assumptions - in addition to the rate changes detailed in the tables above, the State of
Wisconsin Employee Trust Fund Board adopted economic and demographic assumption changes
based on a three year experience study performed for the Wisconsin Retirement System. These
assumptions are used in the actuarial valuations of OPEB liabiliites (assets) for the retiree life insurance
programs and are summarized below.
The assumption changes that were used to measure the December 31, 2021 total OPEB liabilities,
including the following:
* Lowering the price inflation rate from 2.5% to 2.4%
* Mortality assumptions were changed to reflect updated trends by transitioning from the
Wisconsin 2018 Mortality Table to the 2020 WRS Experience Mortality table.
The assumption changes that were used to measure the December 31, 2018 total OPEB liabilities,
including the following:
* Lowering the long-term expected rate of return from 5.00% to 4.25%
* Lowering the wage inflation rate from 3.2% to 3.0%
* Lowering the price inflation rate from 2.7% to 2.5%
* Mortality assumptions were changed to reflect updated trends by transitioning from the
Wisconsin 2012 Mortality Table to the Wisconsin 2018 Mortality Table.

- 31 -

59

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
OTHER INFORMATION

60

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
DETAILED STATEMENT OF REVENUES AND OTHER FINANCING SOURCES
BUDGET AND ACTUAL - GENERAL FUND
YEAR ENDED DECEMBER 31, 2025

FINAL
BUDGETED
AMOUNTS
REVENUES
Intergovernmental
Fire dues - Village of Rib Mountain
Fire dues - Village of Weston
Fire dues - Other municipalities
Town of Rib Mountain
Village of Weston
Other state payments
TOTAL

$

17,455
664,709
1,289,742
104,000
2,075,906

Fines, Forfeits and Penalties
Law and ordinance violations
TOTAL
Public Charges for Services
Ambulance
Fire
Training registration fees
TOTAL

50,237
71,782
22,953
614,472
1,217,960
106,075
2,083,479

$

50,237
71,782
5,498
(50,237)
(71,782)
2,075
7,573

600
600

600
600

1,462,000
2,000
1,464,000

1,494,659
3,335
559
1,498,553

32,659
3,335
(1,441)
34,553

149,766
149,766

153,018
153,018

3,252
3,252

2,000
2,000

2,365
13,515
8,068
23,948

2,365
11,515
8,068
21,948

3,691,672

3,759,598

67,926

75,000
75,000

163
163

(74,837)
(74,837)

$ 3,766,672

$ 3,759,761

Miscellaneous
Donations
Interest income
Other miscellaneous
TOTAL

OTHER FINANCING SOURCES
Sale of capital assets
TOTAL OTHER FINANCING SOURCES
TOTAL REVENUES AND OTHER
FINANCING SOURCES

$

-

Intergovernmental Charges for Service
Other municipalities
TOTAL

TOTAL REVENUES

ACTUAL

VARIANCE WITH
FINAL BUDGET
POSITIVE
(NEGATIVE)

$

(6,911)

- 32 61

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
DETAILED STATEMENT OF EXPENDITURES
BUDGET AND ACTUAL - GENERAL FUND
YEAR ENDED DECEMBER 31, 2025

EXPENDITURES
Public Safety
Salaries and wages
Insurance
Legal fees
Accounting and auditing
Other contacted services
Office supplies
Telephone
Postage and printing
Employee health tests
Travel and lodging
Meetings
Membership and training
Utilities
Repairs and maintenance
Bank and credit card fees
Operating supplies
Miscellaneous
TOTAL EXPENDITURES

FINAL
BUDGETED
AMOUNTS

ACTUAL

$ 2,568,471
551,300
9,000
25,000
214,100
7,500
13,500
2,250
7,000
6,250
1,000
16,600
49,000
162,000
133,700
$ 3,766,671

$ 2,562,611
469,268
2,563
18,977
187,746
4,464
14,763
879
21,409
10,600
1,451
16,749
49,489
174,266
53
183,769
15,007
$ 3,734,064

VARIANCE WITH
FINAL BUDGET
POSITIVE
(NEGATIVE)

$

$

5,860
82,032
6,437
6,023
26,354
3,036
(1,263)
1,371
(14,409)
(4,350)
(451)
(149)
(489)
(12,266)
(53)
(50,069)
(15,007)
32,607

- 33 62

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
BUDGETARY COMPARISON SCHEDULE FOR THE CAPITAL EQUIPMENT FUND
BUDGET AND ACTUAL
YEAR ENDED DECEMBER 31, 2025

FINAL
BUDGETED
AMOUNTS
REVENUES
Miscellaneous
TOTAL REVENUES

$

EXPENDITURES
Capital outlay
TOTAL EXPENDITURES

-

ACTUAL
$

6,970
6,970

VARIANCE WITH
FINAL BUDGET
POSITIVE
(NEGATIVE)
$

6,970
6,970

364,000
364,000

253,234
253,234

110,766
110,766

EXCESS (DEFICIENCY) OF REVENUES
OVER EXPENDITURES

(364,000)

(246,264)

117,736

OTHER FINANCING SOURCES (USES)
Sale of capital assets
TOTAL OTHER FINANCING SOURCES

-

198,362
198,362

(198,362)
(198,362)

(47,902)
443,024
395,122 $

(80,626)
(80,626)

NET CHANGE IN FUND BALANCE
FUND BALANCE - BEGINNING OF YEAR
FUND BALANCE - END OF YEAR

$

(364,000)
443,024
79,024 $

- 34 63

SOUTH AREA FIRE & EMERGENCY RESPONSE DISTRICT
OTHER REPORTS

64

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING
AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL
STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS
To the District Board
South Area Fire & Emergency Response District
Marathon County, Wisconsin
We have audited in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards
issued by the Comptroller General of the United States, the financial statements of the governmental
activities and each major fund of the South Area Fire & Emergency Response District as of and for the
year ended December 31, 2025, and the related notes to the financial statements, which collectively
comprise South Area Fire & Emergency Response District’s basic financial statements, and have
issued our report thereon dated APPROVAL DATE.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the South Area Fire &
Emergency Response District’s internal control over financial reporting (internal control) to determine
the audit procedures that are appropriate in the circumstances for the purpose of expressing our
opinions on the financial statements, but not for the purpose of expressing an opinion on the
effectiveness of the South Area Fire & Emergency Response District’s internal control. Accordingly, we
do not express an opinion on the effectiveness of the South Area Fire & Emergency Response District’s
internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control such that there is a reasonable possibility that a material
misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a
timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control
that is less severe than a material weakness, yet important enough to merit attention by those charged
with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any
deficiencies in internal control that we consider to be material weaknesses. However, material
weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the South Area Fire & Emergency Response
District’s financial statements are free from material misstatement, we performed tests of its compliance
with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which
could have a direct and material effect on the determination of financial statement amounts. However,
providing an opinion on compliance with those provisions was not an objective of our audit, and
- 35 -

65

accordingly, we do not express such an opinion. The results of our tests disclosed no instances of
noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and
compliance and the results of that testing, and not to provide an opinion on the effectiveness of the
South Area Fire & Emergency Response District’s internal control or on compliance. This report is an
integral part of an audit performed in accordance with Government Auditing Standards in considering
the entity’s internal control and compliance. Accordingly, this communication is not suitable for any
other purpose.
HAWKINS ASH CPAS, LLP
Manitowoc, Wisconsin
APPROVAL DATE

- 36 -

66

Resolution for Inclusion
Under the State of Wisconsin
Deferred Compensation Program

Wisconsin Department
of Employee Trust Funds
PO Box 7931
Madison WI 53707-7931
1-877-533-5020 (toll free)
Fax 608-267-4549
etf.wi.gov

South Area Fire & Emergency Response Dist
SAFER Board of Directors
Be it resolved by the _______________________ of the _______________________________ that

(Governing body)

(Employer)

pursuant to the provisions of Section 40.81(1), Subchapter VII of Chapter 40 of the Wisconsin Statutes which
provides in part as follows:
An employer other than the State may provide for its employees the Deferred
Compensation Plan established by the Board under Section 40.80. Any employer, including this
state, who makes the Plan under Section 40.80 available to any of its employees, shall make it
available to all its employees under procedures established by the department under this
subchapter.

SAFER Board of Directors

Such ________________________ hereby determines to be included under the State of Wisconsin Deferred
(Governing body)

Compensation Program (“the Plan”) provided by Subchapter VII of Chapter 40 of the Wisconsin Statutes and
regulated by Chapter ETF 70 of the Wisconsin Administrative Code for its eligible personnel, and
Be it further resolved, the proper officers are herewith authorized and directed to take all actions and make
such reductions and submit such deferrals as are required by the Department of Employee Trust Funds of
the State of Wisconsin pursuant to Subchapter VII of Chapter 40 of the Wisconsin Statutes, and
South Area Fire & Emergency Response Dist

Be it further resolved, that ____________________ agrees to be bound by the Terms and
(Employer)

Conditions of the contracts between the State, its investment providers, and its Plan Administrator, and the
“Plan and Trust Document” and the “Employer Guide” as amended from time to time. The employer certifies
it has received a copy of the Plan and Trust document.
Be it further resolved, that the ___________________ representative submits a certified copy of
South Area Fire & Emergency Response Dist

(Employer)

this Resolution and “Designation of Agent” to the State of Wisconsin, Department of Employee Trust Funds
and the Plan Administrator.
SAFER Board of Directors

Be it further resolved, that the _________________ recognizing the Deferred Compensation
(Governing body)

SAFER Board of Directors

Board’s responsibility for maintaining the integrity of the Plan, the __________________ hereby resolved
(Governing body)

that the proper officers of _________________ are hereby authorized and directed to cooperate fully with
South Area Fire & Emergency Response Dist

(Employer)

the Plan Administrator in accordance with procedures established by the Department of Employee Trust
Funds.
SAFER Board of Directors

South Area Fire & Emergency Response Dist

Be it further resolved, that the ___________________of the __________________ acknowledges
(Governing body)

(Employer)

and submits that the Plan offered under Section 40.80 et seq., Subchapter VII of Chapter 40 of the
Wisconsin Statutes is not and cannot be used as an alternative or replacement plan for purposes of FICA
taxes. The Plan is meant to act as a supplemental retirement benefit in addition to social security (FICA)
benefits.

10th
26
March
Dated this ____________
day of __________________,
20____.
South Area Fire & Emergency Response Dist
SAFER Board of Directors
Employer: ________________________________
Governing body: ____________________________

_________________________________

_________________________________

_________________________________

_________________________________

Authorized signature
Print name

ET-1329 (REV 5/28/2021)

Authorized signature
Print name

*ET-1329*

Page 1 67
of 2

Designation of Agent
The person in the following position is hereby designated as the agent in matter pertaining to the State of
Wisconsin Deferred Compensation Program.
Note: Employer email addresses will be automatically subscribed to ETF E-mail Updates, an ETF email
service providing employers with important ETF benefits administration information. It is your responsibility to
read, forward to others in your agency as necessary, and take the necessary action related to information in
each ETF E-mail Update. Add [email protected] to your email address book to prevent news
from ETF from ending up in a SPAM folder. If you have questions, please call the Employer Communication
Center at 1-877-533-5020.
Agent: __________________________________________________________
Title of position of designated agent: ___________________________________
Alternate agent: ___________________________________________________
Address: _________________________________________________________
Telephone, including area code: ______________________________________
Email: __________________________________________________________
Office hours: _____________________________________________________
Federal employer ID number: _________________________
WRS ID number (if applicable): ________________________

Certification
I hereby certify that the foregoing Resolution is a true, correct, and complete copy of the

SAFER Board of Directors

Resolution duly and regularly passed by the ________________________ of
(Governing body)

Rib Mountain
10th day of
_____________________________ of ________________________
on the _________
South Area Fire & Emergency Response Dist

(Employer name)

(City)

March
26 and that this Resolution has not been repealed or amended, and is now in full
________________,
20____,
force and effect.
Dated this _____________ day of _____________________, 20____.
___________________________________________
Employer representative title

___________________________________________

Employer representative signature

59

Number of eligible employees: _______________

ET-1329 (REV 5/28/2021)

*ET-1329*

Page 2 68
of 2

SOUTH AREA FIRE & EMERGENCY
REVENUES WITH COMPARISON TO BUDGET
FOR THE 2 MONTHS ENDING FEBRUARY 28, 2026
SAFER OPERATIONS
PERIOD ACTUAL

YTD ACTUAL

BUDGET

UNEARNED

PCNT

INTERGOVERNMENTAL REVENUES
15-43421-000-000

FIRE INS TAX-VILL OF RIB MOUNT

.00

.00

50,236.63

50,236.63

15-43422-000-000

FIRE INS TAX-VILLAGE OF WESTON

.00

.00

71,782.14

71,782.14

.0
.0

15-43523-000-000

EMS FUNDING ASSIST PROGRAM

.00

97,959.22

105,000.00

7,040.78

93.3

TOTAL INTERGOVERNMENTAL REVENUES

.00

97,959.22

227,018.77

129,059.55

43.2

FINES-FALSE ALARMS/INSPECTIONS

310.00

310.00

.00

(

310.00)

.0

TOTAL FINES & FORFEITURES

310.00

310.00

.00

(

310.00)

.0

(

FINES & FORFEITURES
15-45130-000-000

CHARGES TO THE PUBLIC
15-46220-000-000

FIRE FEES -

15-46230-000-000

AMBULANCE FEES

CALLS/RUNS

15-46250-000-000

PUB SAFETY-AHA CLASS REGIS FEE
TOTAL CHARGES TO THE PUBLIC

500.00

1,000.00

.00

1,000.00)

.0

85,111.91

246,532.89

1,500,000.00

1,253,467.11

16.4

.00

.00

2,000.00

2,000.00

.0

85,611.91

247,532.89

1,502,000.00

1,254,467.11

16.5

INTERGOVERNMENTAL CHARGES
15-47314-001-000

RINGLE STANDBY

.00

14,100.66

14,100.66

.00

100.0

15-47315-001-000

EASTON STANDBY

.00

9,456.30

9,456.30

.00

100.0

15-47316-001-000

GUENTHER STANDBY

.00

2,178.72

2,178.72

.00

100.0

15-47316-002-000

GUENTHER ADMIN FEE

.00

100.00

450.00

350.00

22.2

15-47316-003-000

GUENTHER EMR RESPONSE

.00

1,500.00

1,500.00

.00

100.0

15-47317-001-000

MARATHON EMS STANDBY

.00

6,003.72

6,003.72

.00

100.0

15-47317-002-000

MARATHON EMS ADMIN FEE

.00

350.00

2,000.00

1,650.00

17.5

15-47317-003-000

MARATHON FIRE STANDBY FEE

.00

33,278.96

33,212.23

66.73)

100.2

15-47317-004-000

MARATHON 2% DUES

.00

.00

6,595.68

6,595.68

.0

15-47318-003-000

RIB MOUNTAIN OPERATIONS

.00

173,952.75

645,574.37

471,621.62

27.0

15-47319-000-001

V WESTON OPERATIONS

.00

369,819.25

1,407,494.86

1,037,675.61

26.3

15-47320-001-000

T WESTON EMS STANDBY

.00

4,046.80

4,131.00

84.20

98.0

(

15-47320-002-000

T WESTON EMS ADMIN FEE

.00

350.00

1,300.00

950.00

26.9

15-47320-003-000

T WESTON FIRE STANDBY FEE

.00

21,110.75

21,110.75

.00

100.0

15-47320-004-000

T WESTON 2% DUES

.00

.00

7,099.48

7,099.48

.0

15-47322-001-000

T STETTIN EMS STANDBY

.00

15,832.44

15,832.44

.00

100.0

15-47322-002-000

T STETTIN EMS ADMIN FEE

.00

700.00

2,250.00

15-47322-003-000

T STETTIN FIRE STANDBY FEE

.00

40,977.07

40,439.92

15-47322-004-000

STETTIN 2% DUES

.00

.00

TOTAL INTERGOVERNMENTAL CHARGES

.00

693,757.42

FOR ADMINISTRATION USE ONLY

16 % OF THE FISCAL YEAR HAS ELAPSED

1,550.00

31.1

537.15)

101.3

9,000.00

9,000.00

.0

2,229,730.13

1,535,972.71

31.1

01:01PM

PAGE: 1

(

03/05/2026

69

SOUTH AREA FIRE & EMERGENCY
REVENUES WITH COMPARISON TO BUDGET
FOR THE 2 MONTHS ENDING FEBRUARY 28, 2026
SAFER OPERATIONS
PERIOD ACTUAL

YTD ACTUAL

BUDGET

UNEARNED

PCNT

MISCELLANEOUS REVENUE
15-48110-000-000

INTEREST-INVESTMENTS

.00

.00

5,000.00

5,000.00

.0

15-48303-000-000

SALE OF EQUIPMENT-EMS

.00

.00

25,000.00

25,000.00

.0

15-48511-000-000

CONTRIBUTIONS-FIREMENS DONATIO

22,041.80

22,041.80

.00

22,041.80)

.0

TOTAL MISCELLANEOUS REVENUE

22,041.80

22,041.80

30,000.00

7,958.20

73.5

FUND BAL-APPLIED BUDGET SURPLU

.00

.00

30,000.00

30,000.00

.0

TOTAL OTHER REVENUE

.00

.00

30,000.00

30,000.00

.0

107,963.71

1,061,601.33

4,018,748.90

2,957,147.57

26.4

01:01PM

PAGE: 2

(

OTHER REVENUE
15-49300-000-000

TOTAL FUND REVENUE

FOR ADMINISTRATION USE ONLY

16 % OF THE FISCAL YEAR HAS ELAPSED

03/05/2026

70

SOUTH AREA FIRE & EMERGENCY
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 2 MONTHS ENDING FEBRUARY 28, 2026
SAFER OPERATIONS
PERIOD ACTUAL

YTD ACTUAL

BUDGET

UNEXPENDED

PCNT

SAFER EXPENSES
15-52200-105-000

SALARIES-FIRE COMMISSION

.00

.00

1,500.00

1,500.00

.0

15-52200-110-000

SALARIES-REGULAR

18,221.93

43,535.85

488,027.00

444,491.15

8.9

15-52200-120-000

HOURLY WAGES-REGULAR

55,551.97

125,373.55

1,596,940.00

1,471,566.45

7.9

15-52200-122-000

HOURLY WAGES-OVERTIME

4,100.15

7,803.82

65,000.00

57,196.18

12.0

15-52200-125-000

PART TIME WAGES-REGULAR

15,503.35

38,832.66

.00

(

38,832.66)

.0

15-52200-126-000

PART TIME WAGES-OVERTIME

338.39

338.39

.00

(

338.39)

.0

15-52200-134-000

HOLIDAY PAY

15-52200-136-000

IFT PAY

.00

4,214.39

60,000.00

55,785.61

7.0

697.19

1,154.46

40,000.00

38,845.54

2.9
9.4

15-52200-151-000

SOCIAL SECURITY

6,916.41

16,167.04

173,000.00

156,832.96

15-52200-152-000

RETIREMENT-EMPLOYER SHARE

12,976.00

29,518.29

334,000.00

304,481.71

8.8

15-52200-153-000

DENTAL INSURANCE

1,386.90

4,073.28

30,000.00

25,926.72

13.6

25,298.46

72,161.30

430,000.00

357,838.70

16.8

97.51

292.53

1,200.00

907.47

24.4

15-52200-154-000

HEALTH INSURANCE

15-52200-155-000

LIFE INSURANCE

15-52200-156-000

WORKER'S COMP INSURANCE

.00

1,851.09)

77,412.00

79,263.09

15-52200-158-000

UNEMPLOYMENT INSURANCE

.00

.00

2,000.00

2,000.00

.0

15-52200-164-000

EMPLOYEE HEALTH TESTS

.00

500.00

10,500.00

10,000.00

4.8
.0

15-52200-167-000

INCOME CONTINUATION INSURANCE

15-52200-212-000

LEGAL SERVICES

15-52200-213-000

AUDITING/HR/PAYROLL

15-52200-214-000
15-52200-220-000

(

(

2.4)

.00

.00

3,600.00

3,600.00

50.00

50.00

9,000.00

8,950.00

.6

4,891.48

8,412.47

26,000.00

17,587.53

32.4

DATA CENTER FEES-FIRE SOFTWARE

.00

18,053.00

24,750.00

6,697.00

72.9

WATER

.00

.00

4,500.00

4,500.00

.0

15-52200-221-000

SEWER/STORMWATER

.00

.00

1,900.00

1,900.00

.0

15-52200-222-000

ELECTRICITY

3,187.43

3,187.43

22,000.00

18,812.57

14.5

15-52200-224-000

NATURAL GAS

3,885.64

3,885.64

16,000.00

12,114.36

24.3

15-52200-225-000

TELEPHONE

.00

.00

9,500.00

9,500.00

.0

15-52200-241-000

REPAIRS/MAINT-MOTOR VEHICLES

2,120.23

5,667.50

53,000.00

47,332.50

10.7

15-52200-242-000

REPAIRS/MAINT-OTHER MACHINERY

6,803.00

9,106.64

22,000.00

12,893.36

41.4

15-52200-247-000

REPAIRS/MAINT-BUILDINGS

.00

.00

10,000.00

10,000.00

.0

15-52200-278-000

RADIO MAINT/REPAIR SERVICES

767.74

767.74

4,000.00

3,232.26

19.2
9.3

15-52200-283-000

INTERNET SERVICES

557.90

557.90

6,000.00

5,442.10

15-52200-285-000

STATION PHONES

.00

.00

3,600.00

3,600.00

.0

15-52200-286-000

WEBSITE MAINTENANCE

.00

348.00

500.00

152.00

69.6

15-52200-290-000

OTHER OUTSIDE CONTRACTED SERVI

13,693.04

16,650.18

190,000.00

173,349.82

8.8

15-52200-297-000

REFUSE COLLECTION SERVICES

.00

.00

600.00

600.00

.0

15-52200-310-000

OFFICE SUPPLIES

.00

.00

2,200.00

2,200.00

.0

15-52200-311-000

POSTAGE & BOX RENTAL

.00

.00

1,000.00

1,000.00

.0

15-52200-312-000

OUTSIDE PRINTING/STATIONERY

.00

.00

1,000.00

1,000.00

.0

15-52200-315-000

FIRE INSPECTION OFFICE

.00

.00

4,000.00

4,000.00

.0

15-52200-324-000

MEMBERSHIP DUES

235.00

842.62

3,500.00

2,657.38

24.1
15.3

15-52200-325-000

REGISTRATION FEES/TUITION

640.00

2,215.00

14,500.00

12,285.00

15-52200-334-000

COMMERCIAL TRAVEL EXPENSES

.00

.00

1,300.00

1,300.00

.0

15-52200-335-000

MEETING EXPENSES

.00

107.05

1,000.00

892.95

10.7

15-52200-336-000

LODGING

15-52200-340-000

OPERATING SUPPLIES-LINE OPERAT

.00

.00

7,500.00

7,500.00

.0

204.77

601.98

35,000.00

34,398.02

1.7
11.3

15-52200-344-000

OPERATING SUPPLIES-JANITORIAL

.00

510.35

4,500.00

3,989.65

15-52200-346-000

OPERATING SUPPLIES-CLOTHING

84.95

264.93

21,000.00

20,735.07

1.3

15-52200-351-000

REPAIR/MAINT SUPPLIES-GASOLINE

3,873.14

3,873.14

65,000.00

61,126.86

6.0

15-52200-386-000

OTHER SUPPLIES-COMPUTER SOFTWA

15-52200-392-000

OTHER SUPPLIES-AMBULANCE/EMS

.00

2,832.00

2,500.00

4,716.02

7,598.85

82,000.00

15-52200-393-000

PENALTIES & INTEREST

15-52200-512-000
15-52200-513-000

26.18

26.18

.00

INSURANCE-VEHICLES/EQUIPMENT

.00

.00

31,000.00

31,000.00

.0

INSURANCE-PUBLIC LIABILITY

.00

1,485.00

14,100.00

12,615.00

10.5

FOR ADMINISTRATION USE ONLY

16 % OF THE FISCAL YEAR HAS ELAPSED

(
(

03/05/2026

332.00)

113.3

74,401.15

9.3

26.18)

.0

01:01PM

PAGE: 3

71

SOUTH AREA FIRE & EMERGENCY
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 2 MONTHS ENDING FEBRUARY 28, 2026
SAFER OPERATIONS
PERIOD ACTUAL

YTD ACTUAL

BUDGET

UNEXPENDED

PCNT

15-52200-519-000

INSURANCE - OTHER

.00

530.00

1,450.00

920.00

36.6

15-52200-520-000

CONTINGENCY

.00

.00

10,000.00

10,000.00

.0

186,824.78

429,688.07

4,019,079.00

3,589,390.93

10.7

REGISTRATION/TUITION

.00

29,790.56

.00

(

29,790.56)

.0

TOTAL FAP EMT & EMR TRAINING

.00

29,790.56

.00

(

29,790.56)

.0

186,824.78

459,478.63

4,019,079.00

3,559,600.37

11.4

78,861.07)

602,122.70

TOTAL SAFER EXPENSES

FAP EMT & EMR TRAINING
15-52204-325-000

TOTAL FUND EXPENDITURES

NET REVENUE OVER EXPENDITURES

FOR ADMINISTRATION USE ONLY

(

16 % OF THE FISCAL YEAR HAS ELAPSED

(

330.10) (

03/05/2026

602,452.80) 18240

01:01PM

PAGE: 4

72

SOUTH AREA FIRE & EMERGENCY
EXPENDITURES WITH COMPARISON TO BUDGET
FOR THE 2 MONTHS ENDING FEBRUARY 28, 2026
SAFER CAPITAL OUTLAY
PERIOD ACTUAL

YTD ACTUAL

BUDGET

UNEXPENDED

PCNT

CAPITAL EXPENDITURES
16-52200-803-000

CAPITAL EQUIP-FIRE

3,605.95

17,676.00

.00

(

17,676.00)

.0

16-52200-804-000

CAPITAL EQIUP-HEAVY MOTORIZED

259,457.00

259,457.00

.00

(

259,457.00)

.0

TOTAL CAPITAL EXPENDITURES

263,062.95

277,133.00

.00

(

277,133.00)

.0

TOTAL FUND EXPENDITURES

263,062.95

277,133.00

.00

(

277,133.00)

.0

277,133.00)

.00

277,133.00

.0

03/05/2026

01:01PM

NET REVENUE OVER EXPENDITURES

FOR ADMINISTRATION USE ONLY

(

263,062.95)

(

16 % OF THE FISCAL YEAR HAS ELAPSED

PAGE: 5

73

District Operations Report – February 2026
Personnel report:
o Battalion Chief Meyers resigned his position with SAFER, accepting a position with Stevens Point
FD. We had 12 applicants through a state-wide search and will be interviewing 6 candidates (3
internal & 3 external) in March.
EMS Response:
o 210 EMS responses
 197 Emergency 911 responses
• 1 Calls in Town of Weston
• 2 Calls for mutual aid given
• 3 Intercepts
 13 Interfacility transport
Fire Response:
o 102 Fire Responses
 65 EMS fire assist calls
 02/02/26 – Structure fire, Birch St., Village of Weston
 02/03/26 – Chimney fire, Callon Ave, Village of Weston
 02/21/26 – Grass Fire, Tulip Ln, Village of Rib Mountain

Concurrent Call Data
o 238 – Calls for Service in February
 156 Times there was a single call for service
 68 Times there were two concurrent calls for service
 14 Times there were three or more concurrent calls for service
o 538 – Calls for Service Year-to-date
 341 Times there was a single call for service
 159 Times there were two concurrent calls for service
 38 Times there were three or more concurrent calls for service
Training:
o 423 total combined hours of training
 235 combined hours of fire training
• Topics: Traffic Incident Management, Electric Vehicle & Lithium-Ion Battery Fires, Aerial
Truck Operations, Mayday & RIT, Forcible Entry
 188 combined hours of EMS training
• Topics: AHA PALS refresher, Laboratory Interpretation, Sepsis & MODS
Apparatus:
o New ambulance (Med 110) arrived from Braun (Ohio), will be in service late March/Early April
Fire Prevention/Public Education/Events:
o 02/14/26 – Special needs dog group hosted at station 1
o 02/28/26 – 525 track snowmobile races EMS standby
Grants/Projects:
o Nothing to report

74

75

76

Concurrent Call Data
FEBRUARY CONCURRENT CALL VOLUME
238 TOTAL CALLS (2/1/2026 - 2/28/2026)

Single Call - 156

6%
29%

Two Concurrent
Calls -68

65%

Three or More
Concurrent Calls 14

77