I apologize that I did not get a letter out last month as a lot of my time was spent on putting together the Annual and Budget Meeting reports for the community. Speaking of those two meetings, we had a good turnout for the presentations, and the electors approved the salary increases for the elected officials. On behalf of the Board, I want to thank the citizens for their continued support. The meetings were recorded and you can watch them by going to: YouTube videos and typing in Torch Lake Township Electors and Budget Meeting March 10, 2026.
At the April meeting we will discuss the idea of creating a new Township Fund, General Recreation and Park Fund. This fund will be a one-year funding request and will be used to fund the Day Park and Nature Preserve as well as evaluating future expenses associated with the Nakwema bike trail.
I will be posting the Board meeting draft agenda on the website after 2 PM on Thursday, February 12. The full Board package by Saturday, February 14, after 2 PM. If you have any questions, please give me a call.
MARCH 2026 YTD PRELIMINARY FINANCIAL RESULTS FOR THE FISCAL YEAR 2025-2026
REVENUE $2,771,823 Lower than prior year ($51,734) and lower than budget by ($75,388)
EXPENSES ($2,709,463) Higher than prior year ($300,333) and higher vs budget by ($133,599)
NET ($ 62,360) Loss is higher than the previous year ($352,066)* and budget ($208,989) **
*The Unfavorable variance to prior year of $352,000 was driven by payment for our new ambulance costing $339,000.
TOWNSHIP MEETINGS: PLEASE MONITOR THE WEBSITE FOR UPDATES
The Planning Commission will be meeting on February 11, 2026 at 7 PM. The ZBA has a case that will be heard on February 18 at 6 PM. Please monitor the website for any changes. The Regular TWP Board meeting will be held February 17, 2026, at 7 PM. All meetings will be live streamed and recorded.