If you live in the town of Grand Chute, you live in the biggest town in the state. The large percentage of business to residential ratio also helps with a strong financial base. Prime real estate along the 41 corridor will only be strengthened with the new 41 expansion that will bring easy access with diamond interchanges. Three lanes of traffic with safer (easier) on & off exits that will be another boom for the community.
As of mid-year (June 30) 2025, Grand Chute’s report of ‘Cash On Hand / Cash Investments’ shows a balance of $54,916,675 of cash on hand. With over $54,000,000 in 14 different accounts and an annual budget of $24,000,000, you can say the town is rock solid safe in the financial dept
Based on budgeted 2025 expenditures, it is projected that the year-end General Fund cash balance will be $9,764,217. Other projected year-end cash balance totals include a Special Assessment fund cash balance of $4,531,873, a Sanitary District #1 fund cash balance of ($609,022), a Sanitary District #2 fund cash balance of $11,469,029, a Sanitary District #3 fund cash balance of $18,584,823 Storm sewer account has over $17,000,0000 with over $3,500,000 million added every year, by storm water charges on the tax bill , this account is not going down the drain anytime soon. SAN #1 (Water) is investing in several infrastructure projects to improve services. The Town plans to issue debt later this year or early 2026 to reimburse the Utility for these outlays and restore a positive cash balance.
With the new assessments rates the town should receive another nice piece of pie in 2026. The town must be careful not to break the Wisconsin state law 60.40 (5) history: 1983 a.532. This law specifically prohibits the Grand Chute Sanitary District 2 (Sewer), from accumulating excess funds that are not specifically identified for a future capital project. The purpose of this statute is so that the people who are paying the fee for the capital project get to benefit from the project. It is not designed to allow people in the future to benefit from funds taken from people in the past.
Regarding road improvement projects, there is also positive financial news. While it was reported to residents in the 2024 Grand Chute Road Funding Survey that annual road expenditures have averaged $9.0 million per year, it has been discovered that road improvement expenditures only averaged about $4.6 million per year over the past 10 years. Looking forward, our road improvement Capital Improvement Plan as of June 2025, budgets for the 5-year period of 2026 – 2030 to continue with an average of $4.5 million per year.
Look for future articles as the new property tax valuations are resolved and the Town’s financial state continues to evolve.
