[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6573711,"mediaKeyId","3157452-597866f1438ed80cfe4252f0893dba5d","parentId",3157452,"title","Finance staff reports $19.7 million in 2024–25 capital carryovers; highlights major projects","audioSeconds",501,"startMs",1329000,"endMs",1830000,"viewUrl","/Search/View?dp=1&key=3157452-597866f1438ed80cfe4252f0893dba5d&start=1329&end=1830","thumbnailUrl","https://assets.pipeline.soar.com/3157452-597866f1438ed80cfe4252f0893dba5d/thumbnail_1329000.jpg","articleUrl","/articles/6573711/Waukesha-City/Waukesha-County/Wisconsin/Finance-staff-reports-197-million-in-202425-capital-carryovers-highlights-major-projects","mediaUrl","https://secure.pipeline.soar.com/6573711-3419c40dd334dcc0feb7f24c6dba657c/orig.mp4?Expires=1775276691&Signature=XQfA63CcPfE7J6cRG-56-~E9E1QH~6P974syuPyn8M-jHhJzV7VOW8Fa0gJc-88Dy6TDAfsKzdXTF8hBRTcR~Nedau~49VB8lMOwOSP7x90xgK6mTfqEqCfQvxuLBXM~lSeKiVVyEUR~b8Ums3yGxo4~Qx4z8eUaT~0jCDQJgjrjhQl0uG3rqURq8ysf0ohBULisISVykkCz3CA4yH~0QSlh5dAWWfd9Foy6oJRNtn1537z5y1KSytWzhMdNaYx4exYxyfqsaSMLmwPFv6-Q8n1vz7QzC633bH4yWWlmgbSrvzaKLsTsfG~tih-czM3cAKTnKoXObllSrivgSQJYPg__&Key-Pair-Id=KUT5TJCACFTXG","author","Waukesha","date","2025-04-29T00:00:00Z","article","Finance staff reported at the April 29 meeting that the city carried over $19.7 million in capital projects from 2024 into 2025.

Joe Shero (Mr. Shero) said the largest portion of the carryover is on the public works infrastructure side, driven principally by road resurfacing and a major Area 7 stormwater flood mitigation project that began later than planned. Refuse and recycling costs were carried over related to the council-approved purchase of city recycling and refuse bins. Shero also noted a large IT project (CAD/RMS) for dispatch is in design and RFQ stages and will be brought forward in the coming months.

Shero said roughly $1.8 million of the carryover relates to projects already in progress and that many fleet purchases were ordered before the end of 2024 and are expected to be received and paid in 2025. He described the carryover trend since 2018 and said staff aim to reduce carryovers toward 2018 levels by reprioritizing and coordinating with department directors.

Committee members asked whether supply-chain lead times and contractor availability contributed to the increased carryovers; Shero and other staff agreed those factors played a role, especially for fleet and infrastructure, and added that bid results early in 2025 have been more favorable than recent years.

The item was a report; no committee action was required or taken.","mediaType","Video","parentTitle","Waukesha - Finance Committee on 2025-04-29 6:00 PM - Apr 29, 2025","oneSentenceSummary","City finance staff reported $19.7 million in capital carryovers from 2024 to 2025, with major items including road resurfacing, a stormwater flood mitigation project, refuse/recycling bin procurement, a dispatch (CAD/RMS) IT project, fleet orders, and various building improvements.","taxTitle","Waukesha City, Waukesha County, Wisconsin","taxId",9326,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6573715,"Committee approves parameters for $10.9 million GO promissory notes to fund capital plan",847,554000,1401000,"/Search/View?dp=1&key=3157452-597866f1438ed80cfe4252f0893dba5d&start=554&end=1401","https://assets.pipeline.soar.com/3157452-597866f1438ed80cfe4252f0893dba5d/thumbnail_554000.jpg","/articles/6573715/Waukesha-City/Waukesha-County/Wisconsin/Committee-approves-parameters-for-109-million-GO-promissory-notes-to-fund-capital-plan","https://secure.pipeline.soar.com/6573715-b78a9fc997b5d9675cd873f888f22238/orig.mp4?Expires=1775276691&Signature=QExzxYacQPZHL8eYE2X7k~HZMWLkrNIUBCx~4T2bsLDm7Beq58WgWnwajgkJhLZBv0KoYfnf3oZ5RpD6~JYLtYMrjaxkoGZfsk2WEThhq5ePG11aK7LnW5iLt1LP5qslGBwJGwI-~Eaa6wta~rbW9Tk1VfeRHMucspRonULtvP-K8xUe1-ih~kbjug~m4zSG2cJvB5Bc3kI1rpGCBwAqHkn8mCLVBuC2nyU3tYj5jy65DPdYZ1MpYqnZ70vdMisazrf2WrTZEV09c904j9uT1P2o-pUhMio-eiVmyqT1D-pYrLBnk~j6qlvcew~8h-l9RT7tFtMVBmApkARXdSCUaA__&Key-Pair-Id=KUT5TJCACFTXG","The Waukesha City Finance Committee voted April 29 to recommend a resolution authorizing the issuance of up to $10,900,000 in general obligation promissory notes, series 2025A, to fund the city’s 2025 capital improvement program.

A representative from Baird presented the financing plan and timeline, explaining the city typically issues tax-exempt municipal notes to spread capital costs over the useful life of projects. The Baird presenter said the city’s current Moody’s rating is Aa2 and that the firm expected Moody’s to affirm that rating; Baird used a planning interest-rate estimate of about 4.4% and set a not-to-exceed interest parameter of 5% for the resolution.

The presentation described the structure: annual principal payments beginning Oct. 1, 2026, final payment Oct. 1, 2034, semiannual interest payments, and a planned closing date on May 20, 2025, when the city would receive proceeds. Baird said proceeds will be invested until needed for project costs and that the issuance is levy-supported (general obligation) rather than paid from utilities or TIFs. The firm also described a call feature that may be adjusted by a year depending on market conditions.

The resolution establishes a narrow set of parameters so staff and advisors can finalize sales terms outside a regular council meeting if market timing requires. After discussion, a committee member moved to approve the parameters resolution; Alderman Moulton seconded. The full Common Council was scheduled to consider the parameters resolution at its May 6 meeting, and Baird planned to market the notes with an anticipated award on or around May 8 and closing on May 20.

Committee members asked about trade-offs between shorter amortizations and layering future borrowings; Baird recommended a schedule intended to keep annual levy-supported debt service relatively level. No amendments were made at the committee meeting, and the motion passed on a voice vote with the item recorded as passing.

The committee did not vote on the final sale; the motion authorized staff to proceed within the stated parameters and return any final bond documents as required by municipal procedures.","The finance committee recommended a resolution authorizing up to $10.9 million in general obligation promissory notes (Series 2025A) to fund Waukesha’s capital improvement program; the resolution sets parameters including a not-to-exceed interest rate and allows flexibility on award dates and call features.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6573718,"Finance committee approves $320,000 carryover to continue water softener rebate program",496,118000,614000,"/Search/View?dp=1&key=3157452-597866f1438ed80cfe4252f0893dba5d&start=118&end=614","https://assets.pipeline.soar.com/3157452-597866f1438ed80cfe4252f0893dba5d/thumbnail_118000.jpg","/articles/6573718/Waukesha-City/Waukesha-County/Wisconsin/Finance-committee-approves-320000-carryover-to-continue-water-softener-rebate-program","https://secure.pipeline.soar.com/6573718-bdf53fb3ceea5e739d2eb0cd2f4a4043/orig.mp4?Expires=1775276691&Signature=ZpQdGVXzpCqtU-LjDBI9i9e3cl0NCNvbAsidotTo0j27ilnU~0aPhpZuO0PBTbn4PXSq44qgPuauHmWlDWfV0Y6HR57GBjUcOHSF3K5usW9rzVj2BSgt3dZUhNKW1xRgaxWzvK2pHKFxSNV4-SnUR61cDwL7duJtkrIj1FuFZUmmkdGcNV6AR0RN44v81sNh4kE5EV~KYvY-8PKRu60ShNtEMDFNhjqhHnFdxCVhpGMvaLsFBt6anAA-3J3loPYGhaeF2L72OSSY7nwJZKwU3kML0au4QXtrFKZ3HL3uN4V8OCHY~MkloF3OQRaphp9xvYvdr4bQLECLQRoOetjEcg__&Key-Pair-Id=KUT5TJCACFTXG","The Waukesha City Finance Committee voted unanimously April 29 to carry over $320,000 from 2024 to 2025 in Clean Water Plant Fund 603 to continue the city’s water softener rebate program.

City plant manager Zack Eisner told the committee the program pays $200 to residents who remove qualifying water softeners and that demand averages about 10–20 new applicants a week. \"We are using up all the funds slotted for this rebate program,\" Eisner said, and the carryover would allow the program to continue while staff monitor interest.

The committee asked whether the rebate funding is new money or a reallocation; Eisner and staff confirmed the $320,000 are funds remaining from 2024. Committee members also asked about the program’s effect on chloride levels. Eisner said a residential softener removal reduces chloride concentrations by about 12 milligrams per liter per removal, and that citywide baseline chlorides have fallen roughly 100 mg/L since switching from Lake Michigan water, from the high 400s to the high 300s milligrams per liter.

Committee members raised concerns about the permit threshold and seasonal salt spikes. Eisner said the city’s monthly permit limit is 400 mg/L and that winter road salt can cause spikes of about 100 mg/L; the rebate program seeks to lower baseline chlorides to provide a buffer against those spikes.

Alderman Lemke moved to approve the carryover; Alderman Alvin Slavin seconded. The motion passed on a voice vote with all members present recorded as voting in favor. Zach Eisner thanked the committee after the vote.

The committee did not specify how many residents must participate to reach the target chloride reduction, and staff said there is no precise citywide count of remaining residential softeners because verifying would require individual inspections. Eisner said the city’s seed funding for the program includes $100,000 from an account created during the Lake Michigan water diversion planning process and additional contributions from the water utility.","The Waukesha City Finance Committee voted to carry over $320,000 from 2024 to 2025 in Clean Water Plant Fund 603 to continue a $200-per-unit water softener removal rebate aimed at lowering chloride levels in the city’s wastewater.","actionData","errors"]

Article not found

Finance staff reports $19.7 million in 2024–25 capital carryovers; highlights major projects

Committee approves parameters for $10.9 million GO promissory notes to fund capital plan

Finance committee approves $320,000 carryover to continue water softener rebate program