Finance Committee: Meeting of May 11, 2026

The City of Madison Finance Committee met on May 11, 2026, to discuss several key budgetary and procurement-related items. A significant portion of the meeting focused on approving an intergovernmental agreement between the City of Madison and Dane County to fund and operate a new men's homeless shelter at 1904 Bartilan Drive. The committee authorized the mayor and city clerk to sign the agreement and amended the Community Development Division's 2026 operating budget to recognize and expend the funds from Dane County. Discussions included operational policies, funding needs for 24-hour shelter operations, and coordination with Porchlight, the shelter operator. The committee also reviewed the 2027 capital budget requests, noting a substantial increase of $286 million over the 2026 adopted plan, with major projects including the Triangle Redevelopment, Monona Terrace energy efficiency upgrades, and police and fire station facility improvements. The committee encouraged members to provide input on capital projects as the budget process continues. The meeting concluded with unanimous approval of the shelter funding agreement and adjournment.