City of Muskego, Finance Committee - 3/24/26

The City of Muskego Finance Committee held a meeting on March 24, 2026, where several procurement and budget-related matters were discussed and approved. Key procurement actions included the approval of the 2026 road program bid award, which featured notably lower asphalt prices compared to the previous year, allowing the city to undertake its largest road improvement effort to date. The committee also approved a resolution authorizing the sale of up to $5 million in general obligation promissory notes, with parameters set for interest rates and underwriting costs to facilitate flexible financing. Additionally, the committee approved a quit claim deed for city-owned property to the Bosi family trust and granted an easement for underground electric and communications infrastructure to Wisconsin Electric Power Company and Spectrum Mid America LLC. Other approvals included an engagement letter with Stratford Rosenbomb LLP for an HR investigation and various fund vouchers and wire transfers totaling over $400,000. These actions reflect the city's ongoing capital improvement projects and financial management strategies.