October 5, 2026 - Finance Committee Agenda & Packet

CITY OF VERONA 111 Lincoln Street Verona, WI 53593 (608) 845-6495 veronawi.gov FINANCE COMMITTEE DATE: MONDAY , OCTOBER 5, 2026 TIME: 5:00 PM LOCATION: CONFERENCE ROOM D110 CITY HALL 111 LINCOLN STREET VERONA, WI 53593 1. Call to Order 2. Roll Call 3. Public Comment 4. Discussion and Possible Action re: Recommended Approval of the September 28, 2026, Finance Committee Minutes 5. Discussion and Possible Action re: 2027 Budget Updates 6. Adjournment. Mara Helmke - Chairperson POSTED: October 2, 2026 Verona City Hall Verona Public Library Miller’s Market All agendas are posted on the City website at: veronawi.gov Notice: If you need an interpreter, materials in alternative formats, or other accommodation to access the meeting, please contact the City Clerk at (608) 845-6495 at least 48 hours preceding the meeting. Every reasonable effort will be made to accommodate your request. Notice is hereby given that a quorum of the members of the City Council or other standing committees of the City Council may be present at the meeting of the Finance Committee to gather information about a subject over which they have decision-making responsibility. The City Council and any other standing committees will not take formal action at this meeting. www.veronawi.gov City of Verona Finance Committee City Hall – 111 Lincoln Street Verona, WI 53593-1520 MINUTES FINANCE COMMITTEE SEPTEMBER 28, 2026 The meeting was called to order by Chairperson Mara Helmke at 5:11 p.m. Roll Call: Chairperson Mara Helmke and Alder Spencer Harrison were present. Alder Patrick Lytle was excused. Also present: Mayor Luke Diaz, City Administrator Jamie Aulik, Finance Director Brian Lamers, Library Director Stacey Burkart, Police Chief Dave Dresser, Police Lieutenant Scott Moen, Parks Director Mark Wegner, Communications Manager Mara Trusty and Administrator Assistant Ann Freiwald. Public Comment: None Discussion and Possible Action regarding approval of September 21, 2026 Finance Committee minutes: Motion was made by Harrison, seconded by Helmke to approve the September 21, 2026 Finance Committee minutes with no changes noted. Motion carried 2-0. Discussion and Possible Action recommending the Utilization of Facility Replacement fund for Repair or Replacement of Garage Doors at the Police Department: Dresser went through the quote for the replacement and stated that there has been another vendor quote requested but approval could be not exceed the $98,300. Motion was made by Helmke, seconded by Harrison to recommend to the Council the use of Replacement Funds not to exceed $98,300 for the replacement of the Police garage doors. Motion carried 2-0. Discussion and Possible Action regarding the 2027 Budget Updates and Presentations: Library Director Burkart went through the Library budget and explained the expansion of the Sunday hours and the additional staff needed, which was the biggest change to the budget. Lamers stated that the reserve funding in the budget was at $124,659 and may need to decrease by around $53,000 for the city budget to be within levy limits. He went over an analysis of the fund balance for the Library through the end of 2027. Communications Manager Mara Trusty requested that the summer intern hours be increased from 80 hours to 160 hours as needed at a rate of $15. The request was to increase the budget from $1,200 to $1,600. Parks Director Mark Wegner discussed the request for the change of his capital budget with winterizing Hometown Junction bathrooms and making them ADA compliant and the reconstruction of Harriet Park. www.veronawi.gov Lamers stated the TID budgets would change once we had all the other taxing entities levy. Which will change some of the Developer’s incentives since they are based on the amount of taxes they pay. Lamers went over each of the TID budgets. Lamers stated there are only two loans out for Economic Development. The only line item is revenue from interest on those loans. Lamers went through the debt budget. He stated the amount for the 2026 debt is estimated and will change. Once that actual amount is known he would adjust through the capital. Freiwald explained the $5,000 in capital for lighting is for potential match for grant funding to change some of the lighting at city facilities. Discussion and Possible Action regarding the recommending to City Council Resolution R-26- 033, A Resolution Requesting Exemption from County Library Tax: Motion made by Helmke, seconded by Harrison to recommend Resolution R-26-033, requesting exemption from County library tax. Motion carried 2-0. Discussion and Possible Action regarding the recommending to City Council Resolution R-26- 034, A Resolution Amending the City Fee Schedule: Lamers stated the fee for Dog License may change because that is set by Dane County and we haven’t received what the fee would be yet. Motion made by Helmke, seconded by Harrison to recommend Resolution R-26-034, amending the City fee schedule. Motion carried 2-0. Discussion and Possible Action regarding the payment of bills: Motion was made by Helmke, seconded by Harrison to approve the payment of bills totaling $753,696.16. Motion carried 2-0. Adjournment: Motion was made by Helmke, seconded by Harrison to adjourn the Finance Committee Meeting at 6:19 p.m. Motion carried 2-0. Respectfully submitted, Brian Lamers CPA Finance Director