City of
Madison

District 19

Alder Keith Furman

Alder Keith Furman

Alder Keith Furman

Contact Information

Home Address:

5328 Lake Mendota Dr
Madison , WI 53705

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

District 19 Blog

2020 Budget

November 22, 2019 3:33 PM

The Common Council concluded the City's annual budgeting process at meetings last week (11/12 & 11/13). The Council adopted amended versions of both the Capital and Operating budgets. The adopted budget results in an increase in tax levy and a 25.1% decrease in borrowing as compared to 2019. The increase in property tax to the average home (valued at $300,000) will be $94.47.

In addition, the Council passed a $40 vehicle registration fee. 

2020 Budget

This year's budget wasn't easy with many competing priorities, the continuation of a very strict state mandated levy limit, and large increases to year-to-year department budgets based on previously negotiated salary increases and expiring grants. One big theme I heard from my colleagues was a desire to start working on the 2021 budget much earlier than we did with the 2020 budget. I expect to be part of efforts to engage the community so residents can weigh on priorities.

I wanted to share some interesting data that helps demonstrate the difficult position the City is in. The charts shows the history of state aid received by the City of Madison and data on the State's Expenditure Restraint Program.

State Revenue History -- 1984 to 2020

Shared Rev and ERP vs CPI -- 2020

 

Here are my previous budget posts:

More details on the 2020 Budget Council meetings:

 

As always, if there is anything I can do to help, feel free to reach out: district19@cityofmadison.com

-Keith F

 




Email to a friend Email to a friend

Subscribe to Email List

Subscribe to the Alder Furman, District 19 email list:


By participating on this list the Wisconsin Public Records Laws may subject your email address to disclosure to third parties. By selecting "Yes" you are requesting that we treat your email address that you have provided to this list as confidential and you are also stating that you would not participate in this service if the City is obligated to release your email address to such third party requesters.


Archive

2019
2018
2017
2016
2015
2014
2013
2012
2011

Labels

Basic Services
Budget
Development
Elections
Events
Flooding
Meetings
Parks
Road Construction
Transportation
Uncategorized