July 27, 2026 - Finance Committee Agenda & Packet

CITY OF VERONA 111 Lincoln Street Verona, WI 53593 (608) 845-6495 veronawi.gov FINANCE COMMITTEE DATE: MONDAY , JULY 27, 2026 TIME: 6:30 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 July 13, 2026, Finance Committee Minutes 5. Discussion and Possible Action re: Update on Verona Avenue and Main Street Intersection 6. Discussion and Possible Action re: 2027 Budget Updates (Capital Request) 7. Discussion and Possible Action re: Payment of Bills 8. Adjournment. Mara Helmke - Chairperson POSTED: July 24, 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 JULY 13, 2026 The meeting was called to order by Chairperson Mara Helmke at 6:33 p.m. Roll Call: Chairperson Mara Helmke, Alder Patrick Lytle and Alder Spencer Harrison (Virtually at 6:35 p.m.) were present. Also present: City Administrator Jamie Aulik and Finance Director Brian Lamers Public Comment: None Discussion and Possible Action regarding approval of June 22, 2026 Finance Committee minutes: Motion was made by Helmke, seconded by Lytle to approve the June 22, 2026 Finance Committee minutes with no changes noted. Motion carried 2-0. Discussion and Possible Action regarding the Intersection of East Verona Avenue and Main Street Financial Impacts: Aulik stated that the City did not receive the Build Grant. The question is to move forward without it, which would be about $4 million just for the planning and design, or try for grant funding next year. After discussion the Committee would like to move forward and get more information on it and possible construction cost estimates. Discussion and Possible Action regarding the Revenue and Expenditure Summary Report-June 2026: Lamers stated nothing new to report. Discussion and Possible Action regarding the City Investment Report-June 2026: Lamers stated nothing significant noted. Discussion and Possible Action regarding the payment of bills: Motion was made by Lytle, seconded by Helmke to approve the payment of bills totaling $1,151,127.86. Motion carried 3-0. Adjournment: Motion was made by Helmke, seconded by Harrison to adjourn the Finance Committee Meeting at 6:52 p.m. Motion carried 3-0. Respectfully submitted, Brian Lamers CPA Finance Director Study Proposal (examples from La Crosse US 53 Corridor Study) Main Street & Verona Avenue The purpose emblem can be removed in the slide master if not required. Study Overview Existing Conditions & Purpose and Need • Identify corridor issues and project goals • Develop and evaluate alternatives • Select a Preferred Alternative based on environmental, community, and transportation considerations • Typically needed to pursue federal funding and project approvals • Studies generally take 1–3 years depending on project complexity and decision-making speed Existing Conditions & Purpose and Need Level of Detail • Data Collection • Vehicle volume • Origin-Destination • Safety/crash data • Pavement condition • Public comment Phase Outcomes • Identify needs of study/project Approximate Cost • $xx - xxx Existing Conditions & Purpose and Need Placeholder for origin-destination graphic Brainstorm Potential Improvements Level of Detail • Develop many potential improvements • High-level (fatal flaw) analysis • Traffic Operations • Property Impacts • Safety Conflict Points • Indirection Phase Outcomes • Move forward 2-6 ideas Approximate Cost • $xx - xxx Existing Conditions & Purpose and Need Conceptual Alternatives Level of Detail • Continued Analysis • Layouts/Impacts • Traffic Operations • Safety • Public Input Existing Conditions & Purpose and Need Phase Outcomes • Move forward 2-3 ideas Approximate Cost • $xx - xxx Detailed Alternatives Level of Detail • Detailed Analysis • Layouts • Traffic Operations • Safety • Property Impacts • Public Input Phase Outcomes • Select Study Team Preferred Alternative Approximate Cost • $xx - xxx Existing Conditions & Purpose and Need Preferred Alternative • Propose Preferred Alternative for final design/construction Existing Conditions & Purpose and Need Thank you