Fitchburg, WI Finance Committee 1-13-26

The Fitchburg, WI Finance Committee convened on January 13, 2026, to discuss several procurement and budget-related matters. Key topics included a detailed explanation of the city's bonafide debt service fund and its compliance with tax-exempt debt issuance rules, emphasizing conservative property tax levy recommendations to avoid shortfalls. The committee reviewed and approved multiple resolutions related to contracts with Dane County for stormwater and erosion control inspection services, neighborhood navigator funding, and case management and nutrition services for seniors. Additionally, the committee approved an amendment to the developer deposit policy for Tax Increment Financing (TIF) assistance, increasing transparency and cost recovery from developers for financial and legal services. The meeting also covered budget amendments to support a Senior Center LTE nutrition site assistant position funded by donations. Several motions were passed unanimously, reflecting ongoing efforts to manage city finances prudently and maintain essential services.