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District 10

Alder Yannette Figueroa Cole

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Alder Yannette Figueroa Cole

Contact Information

Home Address:

4327 Milford Rd

Council Office

Common Council Office:
210 Martin Luther King, Jr. Blvd
Room 417
Madison, WI 53703
Phone: (608) 266-4071
Fax: (608) 267-8669
WI Relay Service

Alder Figueroa Cole’s Updates

Let's talk about the Budget - 2023: Finance Meeting 8/29

August 28, 2022 2:15 PM

Budget 2023 - Is Upon Us!

Finance is preparing a brief presentation to review the budget timeline and legislative amendment process at the Monday, August 29th Finance Committee meeting (starting at 4:30 pm). See meeting registration information at the end of this page.

Join the Budget Season Ride:  

To get ready, it is good practice to review prior presentations:

  1. "2023 Capital Budget Update (Legistar 71490) at the 5/12/22 FC meeting: Attachments include a copy of the presentation to the Finance Committee, which provide a general overview of the budget process and a summary of agency capital requests. You can watch the recording starting at 1 hr:13 min.
    • Who should review this recording? Anyone who wants a refresher on the capital budget requests prior to the agency briefings at the 9/12-9/13 FC meetings. This is especially useful for Finance Committee members and other alders who want to engage in the capital budget deliberations as well as an opportunity for members of the community to get involved in budget allocations
  2. Budget 101 at the 2021 ARPA Town Hall: Last year, the City presented a virtual Town Hall on the American Rescue Plan Act. The presentation started with a "Budget 101" and provided context on the City's structural deficit. Although the presentation is a year old, the key issues that remain relevant. You can watch the recording beginning at 5m:36s through 35m:00s
  • Who should review this recording? Anyone who wants a basic overview of the budget process. The presentation was designed for a general audience and talks about the difference between the capital and operating budgets, provides an overview of the City's revenues and expenditures, and explains fiscal constraints on the budget." - Summary put together by Ms. Koh from Finance          


And there is more! 

Understand funding sources, budget types, limitations, and allocations.  Draw the lines between city priorities & funding.  Are we distributing funding on an equitable matter?  Are services reaching those in dire need?  How do we as community members can promote choices that focus on healthy and safe neighborhoods?  Outside of taxes, what is our contribution to making the city reach its potential?  Madison can indeed become the best place to live for ALL, it will take each of us to succeed.

Following is one more presentation opportunity Ms. Koh pulled for us:

  1. "2021 New Alder Orientation: The Finance Department did an in-depth presentation on the budget for the New Alder Orientation in April 2021. This longer recording provides a deep dive into many aspects of the budget. Topics include limits on revenue growth, financial conditions, trends in debt service, and more. Most of the presentation is still relevant to the current budget, though some items are out of date (for example, the discussion on COVID recovery funds).
  • Who should review this recording? Anyone who wants a (very) deep dive into the budget. 
  • What's the time commitment? 2 hours, 40 minutes – it's long, but you can skip around to see what topics interest you."  


Agency Asks - Capital Budget:

For a list of agency requests been evaluated by the Mayor click here

The same template is used across agencies.  The template contains:

First:

  • Agency Name
  • Summary of CIP and Projects
  • List of projects
  • Narrative of changes and/or Priorities

Second:

  • A letter to Finance from the agency sharing in detail the goals, priorities, and decision-making associated with each of the projects

Third:

  • Each project also referred to as "Proposal Name" is described and justified in the context of the city's "Alignment with Strategic Plans and Citywide Priorities", "Racial Equity and Social Justice" and "Climate Resilience and Sustainability".
  • This is one of the most important parts of the presentation.  The point of accountability and self-reflection.  We may all share the same core values, but how the priorities are defined is where we often find disagreement. 
  • A budget for the proposal highlighted is presented
  • If applicable high-level project plans/timelines are included as well as operational cost

Fourth:

  • THE THIRD PART OF THE AGENCY ASK IS REPEATED FOR EACH PROPOSAL NAME (AKA "PROJECT") IF APPLICABLE


Agency Showcase:  CDD Capital Request

From the "First" section, a summary list of the projects supported by CDD:

Cdd23askops

 

 

From the "Second" section, Letter to Finance:

"The Community Development Division's 2023 Capital Budget centers on advancing the goals of the City's Housing Forward Initiative.  That plan calls for accelerating efforts to add housing options available to Madison residents, both in numbers and variety. It also commits the City to work collaboratively to establish safe and dignified spaces that will support people in our community who experience homelessness. Though Housing Forward adopts a Citywide perspective, its emphasis, and that of this capital budget, is on meeting the needs of households with more modest incomes and for whom housing instability is an immediate challenge."

For the complete ask from CDD and details on the budget and justification for each program click here.  

This table contains a list of the services and descriptions covered by CDD:

 

Service

Service Description

1

Affordable Housing Housing Supply: Provides loans to help finance the development of new rental and owner-occupied housing, and the rehabilitation of existing housing stock.
  Housing Assistance: Provides home-purchase assistance, homebuyer education, oversight of fair housing practices, and other services that assist homeless and special needs populations.
 

Service

Service Description

2

Community Support Services Youth Services: Provision of quality out-of-school time programming for middle and high school youth and coordination of the Madison-area Out-of-School Time (MOST) initiative.
  Crisis Intervention & Prevention: Services and resources supporting persons affected by domestic violence, childhood trauma, sexual assault, youth homelessness, prison re-entry, and community violence prevention and intervention.
  Byrne Criminal Justice Initiative (DOJ Grant/fund 1220): Development of a multi-stakeholder, cross-sector plan to improve public safety in Downtown Madison; to investigate measures to make downtown a vibrant & safe community and more welcoming for communities of color and historically underrepresented groups; and to implement evidence-based programming & activities to achieve project goals.
  Children and Families: Provision of quality early childhood and elementary school youth programming.
  Older Adults and Aging: Provision of social service grants to non-pro?t agencies providing essential services to older adults.
  Child Care: Provision of child care accreditation, support and training to improve the quality and capacity of child care programs, and subsidies to help low-income households pay for quality child care.
  Madison Senior Center: Supports activities, events, and services that promo
 

Service

Service Description

3

Economic Development and Employment Opportunities Job Creation & Community Business Development: Provides loans to small businesses for projects that result in the creation of new jobs.
  Small Business (Micro-Enterprise) Development: Provides technical assistance and small loans to entrepreneurs seeking to start new businesses
  Adult Workforce Preparedness: Supports community partners that over a range of employment training, job readiness, and career development services to persons who face obstacles to gainful employment.
  Youth Employment Opportunities & Training: Supports community partners that provide age-appropriate youth employment training, youth employment, and job coaching support.
 

Service

Service Description

4

Community Development Division Direct Administration & Support Service: Provides overall sta?ng, budgeting, and operational support to the Division within the Community Development Block Grant (CDBG), Child Care (CC), Community Resources (CR), and administrative units. (Madison Senior Center operations/admin is included as a discrete sub-service within service 624 (Community Support Services).

 

Service

Service Description

5

Strong Healthy Neighborhoods Neighborhood Focal Point Support: Provides non-program-specific support to neighborhood centers and other community focal points.
  Capital Improvements for Community Organizations: Provides loans to non-pro?t community partners to help finance capital projects that develop or improve community facilities that bene?t public users.
  Neighborhood Revitalization Plans & Projects: Collaborative work with neighborhood residents to develop specialized neighborhood plans that contribute to revitalization efforts and/or community improvements.

For a list of CDD Funding opportunities, current, and past as well as a list of organizations associated with each RFP go to the Community Development Funding Opportunities page:

https://www.cityofmadison.com/dpced/communitydevelopment/funding/


Finance Meeting Information:





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