[{"_1":2,"_111":-5,"_112":-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",[32,75,87,99],{"_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",6531495,"mediaKeyId","3528037-c07e9e2e19be568c5b329226186b0e7c","parentId",3528037,"title","Finance staff brief committee on 2026 capital budget requests; $62.7 million added in request years","audioSeconds",873,"startMs",4216000,"endMs",5089000,"viewUrl","/Search/View?dp=1&key=3528037-c07e9e2e19be568c5b329226186b0e7c&start=4216&end=5089","thumbnailUrl","https://assets.pipeline.soar.com/3528037-c07e9e2e19be568c5b329226186b0e7c/thumbnail_4216000.jpg","articleUrl","/articles/6531495/Madison/Dane-County/Wisconsin/Finance-staff-brief-committee-on-2026-capital-budget-requests-627-million-added-in-request-years","mediaUrl","https://secure.pipeline.soar.com/6531495-83cf31264282b300e08e162b4925a1de/orig.mp4?Expires=1770828585&Signature=lkBlToHLNS3PAe7m7ItW3sleorSobBISAuhUf2a2uEmAErmQ4YWdLeWfKnULOIK5ezXRzKmQBFWPnIFNUJ~vPAeiM61J9Ita5QzrX71HukvZyZv9LlJqWtRwERDpX9wcB~kaGaM0QnpdzZlmE658JJYmLrrBKSKXqTLFeGNycG55gdO9lf0ABJpZZ1rIuEcBQDJV5-AUCNYiF19oCMGKasTQv1v0b4~eD16gCch~BMBKuRU49c-G3n8J~Q7EHF3ac7qpX-JznxZhYQ0JpV~zDeED682JrTxNlkOdqOrtsgx8~ev76v2A5qP0GUj2zfh5i02Mn31WOfR-KwXDrGPZGA__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Madison, WI","date","2025-05-27T20:37:40Z","article","City staff briefed the Madison Finance Committee on May 27 on the agency-submitted capital budget requests for 2026 and beyond, saying the requests add about $62.7 million to the overlapping portion of the five‑year SIP compared with the adopted 2025 plan and amount to roughly a 9% increase in the years compared.

The request and what it means: Christine (city budget staff) told the committee that the 2026 request increases borrowing principally in 2026 and 2027 and that most of the additional money in the overlapping years is expected to come from general-obligation borrowing. She said the request adds roughly $150 million in newly requested borrowing when including the furthest year of the plan.

\"So when we're looking at the SIP, the 26 request is $62,700,000 greater than the adopted SIP,\" Christine said, describing changes by agency and identifying projects moved between years.

Major changes and examples: Staff highlighted program-level changes: upgrades to IT lifecycle projects (including election equipment), new or increased TIF-supported borrowing for redevelopment (including Boyd Farm), park improvements, additional funding for a fire station and public health clinic tied to South Madison redevelopment, and shifts in major-streets projects including Regent Street moving into 2027.

The capital fund carry-forward: Christine reminded the committee that authorized capital amounts are multiyear and that historically the city borrows on average about 69% of authorized amounts in a given period because projects span years and timing shifts. She also described the city's carry-forward reporting process and the midyear borrowing exercise conducted by the finance office.

Next steps and schedule: Staff said the executive capital budget will be prepared with alder feedback; the executive budget is due to be introduced on Sept. 2, with Finance Committee briefings scheduled in September, an amendment submission period in late September and committee amendment votes in late September followed by full council action and November budget hearings.

Council members asked for more localized impacts of federal changes and for clearer explanations of TIF capacity and how TIF increment projections are determined; staff said they would work to provide those local and program-level details in future briefings.

What was not decided: The committee received the briefing; no capital appropriations were adopted at the session. Staff requested feedback to inform the executive capital budget and said alder amendments will be considered in the fall.","mediaType","Video","parentTitle","Finance Committee: Meeting of May 27, 2025","oneSentenceSummary","City staff told the Madison Finance Committee on May 27 that agency requests for the 2026 capital budget add about $62.7 million to the overlapping years of the five‑year plan compared with the adopted 2025 SIP and that the request is roughly 9% higher in those years.","taxTitle","Madison, Dane County, Wisconsin","taxId",2852,"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},6531498,"City attorney outlines federal litigation over grant freezes; city currently accessing reimbursements",920,1802000,2722000,"/Search/View?dp=1&key=3528037-c07e9e2e19be568c5b329226186b0e7c&start=1802&end=2722","https://assets.pipeline.soar.com/3528037-c07e9e2e19be568c5b329226186b0e7c/thumbnail_1802000.jpg","/articles/6531498/Madison/Dane-County/Wisconsin/City-attorney-outlines-federal-litigation-over-grant-freezes-city-currently-accessing-reimbursements","https://secure.pipeline.soar.com/6531498-0e002a35b23ec09bbd1ba4fa739d4b62/orig.mp4?Expires=1770828585&Signature=nG7rcuMtShBKkSJlLQdwowsnXyPpucHewHPwgurqOzcgC~VIb8KEto7qYB~WLvXyrEoMHcc0tmUeLEcVqV3iLAi4akWT2~d~Tgx2ENzcIxtJ1yxVRAYagpJW827jXCwP~~R2aIz3LOfy5pJBq~7NYGaxNDlFL85L5FS9T27uYeSLVBBHqvjbjwM6IVdHpQhHUwCZ6Mp3~-SkmlsKvWYbyg-YI3RepjS3EFwWsQpG7B~Pq~6rEhisf9kgYgbBy8XWRFOUYeqA41rERxsEDKwloQjV0~CGCu7sTGCzd1nFNU4xJpQ0CXrG6Lg1qIpwCWdHSR4Btg16ROyawioF9jQa6g__&Key-Pair-Id=KUT5TJCACFTXG","City attorneys and finance staff told the Madison Finance Committee on May 27 they are monitoring multiple federal lawsuits that could affect local grant funding but said that, as of the briefing, the city has no federal grants that are frozen or terminated.

City attorney update: Laura Manella of the city attorney’s office said her office is tracking three categories of federal litigation filed in federal court. The categories are (1) cases challenging the executive branch’s actions to freeze or terminate existing grants; (2) cases contesting forced amendments to grant terms and conditions; and (3) litigation about the validity and scope of nationwide injunctions that federal judges sometimes issue.

Manella said many of the early suits produced temporary restraining orders or preliminary injunctions preventing agencies from cutting off funds while litigation proceeds. She described a recurring procedural defense — that disputes should be heard in the Court of Federal Claims under the Tucker Act — but said judges so far have not accepted that argument in the grant-termination cases she’s followed.

\"There's been three sort of types of cases out there that we've been tracking,\" Laura Manella said, summarizing the litigation categories and how courts have responded so far.

King County case and forced amendments: Manella pointed to King County v. Turner, a case challenging forced changes to grant terms and conditions from federal agencies including HUD and USDOT. A federal judge in Washington state issued temporary restraining orders halting those forced amendments through early June, she said; the scope of that relief is limited to the named plaintiffs.

Local grant status and reimbursements: Finance staff reported positive, practical developments for local grant administration. Staff said FEMA funds tied to a stormwater/flood mitigation grant have been dispersed to the state emergency management division, and the city has been submitting reimbursement requests and receiving payments. An EPA grant that had been temporarily inaccessible has reopened and staff are submitting costs. Staff said they are not aware of any HUD grant funds suspended for the city.

Legal and practical implications: Manella said appeals and procedural defenses remain pending and cautioned that outcomes could change. She also noted the broader, procedural question now before higher courts about whether federal judges should issue nationwide injunctions, which could determine how widely an injunction in any given case protects others beyond the named plaintiffs.

Next steps: The city attorney's office and finance staff said they will continue to monitor litigation and advise departments that apply for or manage federal grants. No department grant funds for the city were reported as frozen at the time of the briefing.","The city attorney and finance staff briefed the Madison Finance Committee on three categories of federal lawsuits challenging the executive branch's actions to pause or modify federal grants, and said the city currently has no frozen grants and is receiving FEMA reimbursements.",{"_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},6531503,"Council committee approves TIF loan for 223-unit affordable housing project at 501 E. Washington",284,1522000,1806000,"/Search/View?dp=1&key=3528037-c07e9e2e19be568c5b329226186b0e7c&start=1522&end=1806","https://assets.pipeline.soar.com/3528037-c07e9e2e19be568c5b329226186b0e7c/thumbnail_1522000.jpg","/articles/6531503/Madison/Dane-County/Wisconsin/Council-committee-approves-TIF-loan-for-223-unit-affordable-housing-project-at-501-E-Washington","https://secure.pipeline.soar.com/6531503-daccfc1c1e2d5f30dc56102359411511/orig.mp4?Expires=1770828585&Signature=eXUBpfYw-kh5aRM1W9ZPkDEBcSPenaen~bPoHcQUNWAtrJ-MKHxdpzRZfMJjPaLtdlms0O7sMEdLdR-PG56myPPSe4fYVVFRp4QnoSYFIepD6b8DFdf~2xUza1kYH~Iu26~t57GsfGEOXeRHX58cjGbfWpAO~lF7l8DdSsgkaTWQePC-dKpb1VqnP5~2C63cJKnnAJe4HffdXWXoTMZwQdruC~KqfnCtLyTMhhckmGZgaya1-fzHPvPWusdk5EUN2Fv3w1RdBH9kF-xv7tdi81nvbkUU8YEuy5oxNqtkJ92wFf9pJn5fJglUqE5~pIJWME7GBNp1HUmHxio70Y30cQ__&Key-Pair-Id=KUT5TJCACFTXG","The Madison Finance Committee on May 27 approved a development agreement and a tax-increment financing loan to Wash Franklin LLC to support construction of approximately 223 affordable housing units at 501 East Washington Avenue.

The committee adopted the item (Legistar 88003) after a staff overview describing the project, proposed TIF assistance and the affordability mix.

What was approved: Dan Rolfes, a city staff member who presented the item, said the project would include 223 residential units and about 68 parking stalls on the former Wisconsin Manufacturers & Commerce site. Staff identified a financing gap of just over $5 million in the TIF analysis and recommended a TIF loan of $1,666,000, which Rolfes said represents 55% of the TIF amount allowable under city TIF policy.

Rolfes described the project as a 4% low-income housing tax credit deal and provided the income-targeting breakdown: 24 units at 30% of area median income (AMI), 24 at 50% AMI, 103 at 60% AMI, 48 at 70% AMI and 24 at 80% AMI.

\"It is 223 units of affordable housing with 68 parking stalls located at 501 East Washington Avenue,\" Dan Rolfes said during his presentation.

Questions and follow-up: Alder Figueroa Cole asked for clarification on the affordability levels and requested a clear summary in the file indicating what the city is getting in exchange for public assistance; Rolfes provided the AMI unit counts in response.

The vote: The motion to adopt the development agreement and TIF loan was moved and seconded; the committee recorded a unanimous vote in favor.

Implementation notes: Staff said the $1,666,000 TIF loan would be repaid through future tax increments per the city's standard process. The presentation identified the project as workforce housing within the 4% LIHTC framework; staff did not specify a construction timeline or the final terms of the development agreement during the committee discussion recorded in the transcript.

Context: The site at 501 East Washington had been previously identified for redevelopment. The committee did not record any amendments to the loan amount during the meeting; members requested clearer written summaries in the agenda file about unit affordability levels for future review.","The Finance Committee unanimously approved a development agreement and tax-increment financing (TIF) loan to Wash Franklin LLC for a 223-unit affordable housing project at 501 East Washington Avenue, with a $1,666,000 TIF loan intended to cover part of an identified financing gap.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6531508,"Madison finance committee backs city resolution to protect federal municipal bond tax exemption",747,479000,1226000,"/Search/View?dp=1&key=3528037-c07e9e2e19be568c5b329226186b0e7c&start=479&end=1226","https://assets.pipeline.soar.com/3528037-c07e9e2e19be568c5b329226186b0e7c/thumbnail_479000.jpg","/articles/6531508/Madison/Dane-County/Wisconsin/Madison-finance-committee-backs-city-resolution-to-protect-federal-municipal-bond-tax-exemption","https://secure.pipeline.soar.com/6531508-812a87af47e78527cf875e7d0e55bf0b/orig.mp4?Expires=1770828585&Signature=RlwQOHq4JzU2U~F9Vk4EfVaD6giTALIMgrLd2vY3kp2i67iAqaCC8TAWqfCoVO8IQGtExJT7qUhh0uctADRwpbj6xdwaKbGiRK3vvxUAcSuw30L2JDWiab6SikwX1emhBwR9Pi1N9l790ba2bnHvbi-3srUmgyomS-24h3HDFqJdPh8YZP6KKO9T5a1dirMaGdLI1tuSqG59ZI0HTwdnVTAjQrhQbhMc5bs2uPBP6IdbvoKLXKBeKwsct4SyMn1LPiZJrFCUpn2iVUQw8n-YdBKaK30ob0S0WIVlq4fUtMIrKjVBG1EcMpv1vbroviCJ2U3RV5r20U6UKnlQN9iz~g__&Key-Pair-Id=KUT5TJCACFTXG","The Madison Finance Committee on May 27 unanimously approved a resolution declaring the city's support for preserving the federal tax exemption on interest from tax-exempt municipal bonds, a financing tool local officials say underpins much public infrastructure investment.

The resolution, introduced as Legistar file 87963, puts the city \"on record on this issue\" and will be shared with the city's lobbyist and its congressional delegation, Finance staff said during the meeting.

Why it matters: The Government Finance Officers Association, represented to the committee by Emily Brock, director of federal policy, told members that congressional budget negotiations in 2025 could include proposals to reduce or repeal the municipal bond interest exemption as a way to raise federal revenue. Brock said such a change could raise about $470 billion over 10 years in federal receipts but would also remove an important lower-cost financing tool used by state and local governments.

\"We are a living and breathing piggy bank for Congress,\" Emily Brock said, describing the municipal bond interest exemption as among the top 10 federal tax expenditures and a recurrent target when lawmakers look for budget offsets.

Brock told the committee the exemption supports about 75% of the nation’s public infrastructure investment and estimated the national household cost if the exemption were eliminated at roughly $6,500 per household over a 10-year period. She also said tax-exempt bonds currently provide an interest-rate benefit of about 200 basis points (two percentage points) to issuers compared with taxable borrowing, and that, on a $4 trillion market, that spread equates to a roughly $800 billion saving over 10 years.

Committee members asked about related tax proposals. Alder Evers asked whether changes to the state-and-local tax (SALT) cap intersect with the municipal bond issue. Brock said SALT and municipal bond tax treatment are distinct policy tools and that advocates have been educating lawmakers that raising the SALT cap is not a direct trade-off for the municipal bond exemption.

The vote: The committee moved and seconded adoption of the resolution and recorded a unanimous vote in favor. Staff said the approved resolution will be transmitted to the city’s lobbyist and the congressional delegation to inform federal advocacy.

Context: The committee heard that national-level budget bills under consideration in 2025 include a range of tax and spending changes and that the municipal bond exemption has been repeatedly considered as a pay-for in past major tax changes. The Government Finance Officers Association has created materials, including project maps, to show members of Congress examples of local projects financed with tax-exempt bonds; Brock cited Madison’s bus rapid transit project as an example of locally financed infrastructure supported in part by tax-exempt borrowing.

What comes next: Staff said the resolution will be shared with the city’s federal advocates; no additional local action on the item was recorded at the meeting.","The Madison Finance Committee unanimously adopted a resolution putting the city on record in favor of preserving the federal tax exemption for interest on tax-exempt municipal bonds after a presentation from the Government Finance Officers Association on potential national budget proposals that could target the exemption.","actionData","errors"]

Article not found

Finance staff brief committee on 2026 capital budget requests; $62.7 million added in request years

City attorney outlines federal litigation over grant freezes; city currently accessing reimbursements

Council committee approves TIF loan for 223-unit affordable housing project at 501 E. Washington

Madison finance committee backs city resolution to protect federal municipal bond tax exemption