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FINANCE COMMITTEE

July 27, 2026 ·4:30 PM Amended

VIRTUAL

Agenda — 28 items

  1. 1 Note: A quorum of the Common Council may be present at this meeting.
  2. 2 The City of Madison is holding the Finance Committee meeting in virtual format. Written Comments: You can send comments on agenda items to financecommittee@cityofmadison.com Register for Public Comment: • Register to speak at the meeting • Register to answer questions • Register in support or opposition of an agenda item (without speaking) If you want to speak at this meeting you must register. You can register at https://www.cityofmadison.com/MeetingRegistration. When you register to speak, you will be sent an email with the information you will need to join the virtual meeting. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 814 1880 5560
  3. 3 Interpretation and Accessibility
  4. 4 Call to Order/Roll Call
  5. 5 Public Comment
  6. 1. Public Comment 94112
  7. 7 Disclosures and Recusals
  8. 8 Consent Agenda Adopt the Consent Agenda Pass
  9. 9 Items to be Considered
  10. 2. Submitting the appointment of David Schmiedicke for confirmation of a five-year term as Finance Director. 94051 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  11. 3. Submitting the appointment of Christine Knapp for confirmation of a five-year term as Water Utility General Manager. 94053 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  12. 4. Submitting the appointment of Charles J. Romines for confirmation of a five-year term as Director of Public Works. 93925 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  13. 5. Authorization to Enter a Sole Source Intergovernmental Agreement with the University of Wisconsin Population Health Service Fellows Program (2026 C RES-001) 93643 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  14. 6. Authorizing a noncompetitive contract with Arch Solar C&I to remove hail damaged solar modules and install new modules at the Madison Public Market (District 12) 94052 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  15. 7. Authorizing a noncompetitive contract with Strand Associates, Inc., for professional engineering services for the Reservoirs 126 and 225 Recoating and Maintenance project (Districts 1 and District 3). 93982 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  16. 8. Approving the design of a site-specific public artwork for the South Point Public Works Facility (402 S Point Road) and authorizing the Mayor and City Clerk to enter into a competitively selected agreement with The Milligan Studio, LLC. for fabrication, delivery, and installation. (District 1) 94044 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  17. 9. Approving the design for the State Street Campus Garage/Hawthorne Court Percent for Art Project, authorizing the Mayor and City Clerk to execute an agreement with StudioKCA, LLC for design, fabrication, delivery and installation of a site-specific public art feature, and dissolving the State Street Campus Garage/Hawthorne Court Public Art Ad-Hoc Committee. (District 2) 94047 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  18. 10. Authorizing the acceptance of a grant for $250,000 from the Wisconsin Economic Development Corporation (WEDC) Community Development Investment Grant program, and authorizing contracts with WEDC and the MTZ Charitable Organization, Inc. for the use of the funds and amending the 2026 Adopted Operating Budget for Economic Development Division-Office of Business Resources’ purchased services. (District 14) 93940 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  19. 11. Authorizing the Parks Division to submit, and if awarded, accept a grant of up to $1,505,000 from Dane County Conservation Fund Grant Program for acquisition of park land acquired from Madison Crushing & Excavating, Inc. and authorizing the Mayor and City Clerk to enter into a contract with Dane County to accept the grant award. 93983 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  20. 12. Authorizing the City of Madison to accept, if awarded, a private grant of up to $10,000 from the Alliant Energy Foundation, and authorizing the Water Utility General Manager to enter into a grant agreement and sign related document(s) authorizing acceptance of the grant and amend the 2026 Adopted Capital Budget to appropriate the grant revenue and expenses, up to $10,000, for the Water Utility Water on Wheels (WU-WOW). 93842 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  21. 13. Approving a Revised Rate for the 2026 Resource Recovery Special Charge and Amending the 2026 Streets Division Operating Budget 93941 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  22. 14. Authorizing the Sale and Issuance of up to $10,369,862 Subordinate Water Utility Revenue Bonds, Series 2026; and Providing for Other Details and Covenants with Respect Thereto and Authorizing an Amendment to the 2026 Water Utility Capital Budget. 94045 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  23. 15. Amending the Public Health Budget to Accept Grant Funds from the Medical College of Wisconsin (MCW), Inc. on behalf of the Advancing a Healthier Wisconsin Endowment (AHW) for Partnerships for Success: Innovative Health Support for Young Parents in Schools (2026 C RES -002) 93749 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  24. 16. Authorizing the Issuance and Establishing the Parameters for the Sale of Not to Exceed $173,830,000 General Obligation Promissory Notes, of the City of Madison, Wisconsin, and Directing the Final Approval of the Terms Thereof. 93981 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  25. 17. SUBSTITUTE: Authorizing the City to issue loans not to exceed $5,691,636.97 to the Community Development Authority related to the Monona Shores Apartments and Revival Ridge Apartments. 93980 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  26. 18. Mid-Year Appropriation Resolution amending the 2026 Adopted Operating Budget by taking the following actions: transferring $500,000 from the general fund contingent reserve to agencies, making transfers within agency budgets based on projected spending through the second quarter of 2026, and appropriating revenues and making other adjustments in non-general fund agencies; and amending the 2026 Adopted Capital Budget by taking the following actions: appropriating funding from non-borrowing sources, updating TID proceeds and borrowing based on TID project plans, and authorizing transfers of borrowing across projects. 94055 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  27. 27 Agenda Note: The full title for Agenda Item #17, File 94055 may not display properly in the PDF version of the agenda.The full title for the item is as follows: Title: Mid-Year Appropriation Resolution amending the 2026 Adopted Operating Budget by taking the following actions: transferring $500,000 from the general fund contingent reserve to agencies, making transfers within agency budgets based on projected spending through the second quarter of 2026, and appropriating revenues and making other adjustments in non-general fund agencies; and amending the 2026 Adopted Capital Budget by taking the following actions: appropriating funding from non-borrowing sources, updating TID proceeds and borrowing based on TID project plans, and authorizing transfers of borrowing across projects.
  28. 28 Adjournment Adjourn