Finances

Lake Minocqua and Lake Kawaguesaga Protection Association Minocqua, WI

MKLPA 2013 Financial Summary and Information

Your lake association currently operates on a budget of close to $100,000 per annum. This represents a dramatic increase (5-10X) over the past ten years. The major change has been brought about by the discovery of Aquatic Invasive Species (AIS) in our lakes in 2001. The offending weed was Eurasian Water Milfoil (EWM), which, if left unchecked, could choke out the native lake weeds and substantially take over the lake rendering it almost unusable for fishing, boating, swimming and other activities. Today the lake association, with guidance from our consultants and the Wisconsin Department of Natural Resources (DNR), works diligently at controlling the EWM through an extensive program of monitoring, spring chemical treatments and divers doing hand removal during the summer months. The outbreak and subsequent attempts at managing AIS has been the absolute driving factor in increasing the time and treasure needed to keep these beautiful bodies of water in the best condition we can.

So what is it we spend all this money on and where do the funds come from?

The largest single expense category, which amounted to about $76,000 last year, is the treatment of Eurasian Water Milfoil. This sum includes: 1. The divers and boats you see on the lake hand pulling the weeds and hauling them away, 2. The application of weed killing chemicals in the spring designed to knock down the EWM while not negatively affecting the native plants,and 3. The monitoring of the boat landings to help eliminate the transferring of weeds and water from one lake to the next, which is how the problem spreads. Along with the actual activities needed to control the Eurasian Water Milfoil, lake surveys must be done, permits are needed and various other prep and follow up activities preformed.

The other category of expense is a variety of costs necessary in running most organizations. In 2013 we spent about $22,000 in total on such expenses that include our communication vehicles of newsletters, printing, postage, the website and Facebook ($10,700). In addition we pay for insurance ($4,700), grant writing assistance ($4,800), fund raising and other smaller items.

The only paid employees of the association are the divers and the boat landing monitors, both of which are partially funded thru a grant from the DNR. All other activities are performed by a small but dedicated group of volunteers - and we are always looking for more volunteers.

We also have three major sources of funds that pay these expenses each year. While we have been fortunate that our revenues have covered our expenses the past several years, none of the sources are guaranteed and we rely on the continued generosity of our donors each year.

Our first and primary source of funding are dues and donations from our association members, and other interested parties plus some fund raising activities (e.g. Pig Roast/Silent Auction, bicycle raffle). In 2013 this category of giving yielded approximately $46,500.

Lake Minocqua and Lake Kawaguesaga Protection Association Minocqua, WI

DNR grants are a second major source of funding for the association. We just finished a five year grant for AIS treatment and have recently been awarded a new three year grant also for treating AIS. The actual amount of grant money received in 2013 was $14,900. Normally we have received amounts closer to twice that amount but 2013 was the last year of the grant and only $14,900 was left because earlier years' costs were higher than first estimated. Our new grant is based on a 65% reimbursement of certain expenses by the DNR with the remaining 35%, plus any additional expenses, paid by the association.

Finally, our third source of funding is the Town of Minocqua. For the past three years the Town has awarded the association a grant of $25,000 in support of our activities to maintain and improve lakes Minocqua and Kawaguesaga, the vital economic and recreational engine of the community.

Lake Minocqua and Lake Kawaguesaga Protection Association Minocqua, WI

While our 2013 expenses exceeded revenues by several thousand dollars we were able to make up the difference through the use of the financial reserve that has been building over the last several years because of the generous support we have received. At this point we expect 2014 expenses and revenues to be reasonably close to 2013 levels except for somewhat higher grant proceeds from the DNR.

Submitted By: Jerry Roseland, Vice President June 2014

Funding Success

As a Lake Association we have been fortunate when it comes to fund raising. In most cases, the Association submits grants competing with other lakes in the state for the funding. Overall our lakes Association has been very successful in the award of these grants. Here is a summary of the lake expenditures to date:

Three Funds

Several years ago, the need for funds was not particularly large, but with the discovery of Eurasian watermilfoil (ERM) and the need for a Comprehensive Lakes Management Plan, funding needs have accelerated. To this end, the Association initiated a fund targeted for the control of EWM. Annual membership dues provide approximately $11,000 annually while the Association- sponsored Labor Day weekend pig roast adds from $2000 to $4,000 to the treasury. Additional funding sources are:

  • Government sources such as The Wisconsin Department of Natural Resources and the United States Geological Survey
  • The Minocqua/Kawaguesaga Eurasian Watermilfoil Fund
  • The Stewardship Fund

Government Grants

MKLPA, along with The Cedar Corporation in Menomonie, WI has applied for and received substantial funding. A total of approximately $583,000 has been provided to the Association for the Comprehensive Lakes Management Fund as well as control of EWM. We are delighted with the grant support received from the Wisconsin DNR.

The Minocqua/Kawaguesaga Eurasian Watermilfoil Fund

The Minocqua/Kawaguesaga Eurasian Watermilfoil Fund was started in 2008 by the Association to provide a way for local lake residents to donate funds to help in the EWM battle. To date this fund has raised $125,500 with the town of Minocqua contributing $44,600. Usually, this is the source of the "25 percent share" needed to complete a DNR EWM treatment grant. In 2009 the Association won a state-wide competition for a five-year Aquatic Invasive Control Grant. This grant provides up to $164,200 for the control of EWM and other aquatic invasives so long as the Association pays twenty five percent or $54,750. (The other invasive, curly-leaf pond weed, is present in both lakes but appears to be in equilibrium with the indigenous weed population.)

Lake Minocqua and Lake Kawaguesaga Protection Association Minocqua, WI

The Stewardship Fund

In 2008, when substantial funds were forecasted for the control of Eurasian Watermilfoil, a group of concerned citizens came together to form The Minocqua and Kawaguesaga Lakes Stewardship Fund. Here are the guidelines for this foundation:

  • The Minocqua and Kawaguesaga Lakes Stewardship Fund is a designated spend-down fund established to steadfastly protect and enhance water quality, fishing, safety and the aesthetic value of Lakes Minocqua and Kawaguesaga."
    NOTE: These funds are to be used only when other sources of funds are not readily available.
  • The assets of the Fund shall be distributed to Minocqua/Kawaguesaga Lakes Protection Association, Inc.
  • The undersigned (Dick Gustafson, Jim Swartout, and John Wilbur) will serve as advisory committee to the Foundation regarding projects and initiatives eligible for grant support from this fund.