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Verona staff present proposed 2026 budget, recommend levy at $17,341,719
Summary
City staff presented the proposed 2026 budget Oct. 27 to the Committee of the Whole, proposing to set the municipal levy at the statutory limit of $17,341,719 and outlining staffing additions, capital purchases, and revenue projections tied to rapid local growth. No vote on the budget occurred; amendments are due Nov. 6 and a public hearing is set
Mister Aulik, a city staff presenter, told the Verona Committee of the Whole on Oct. 27 that staff are presenting a proposed 2026 budget that would use the city's full municipal levy limit of $17,341,719 to maintain services and fund capital projects.
The presentation said Verona's population has grown to about 16,796, nearly 50% above the 2014 level, and equalized property value is roughly $4.6 billion. Staff reported more than $230 million in net new construction in the last year, placing Verona fourth in the state on that measure behind Madison, Milwaukee and Pleasant Prairie.
Why it matters: staff said rapid residential and commercial growth is increasing demand for city services and future maintenance obligations. The proposed budget emphasizes maintaining service levels while reducing reliance on debt and preserving reserve targets that staff say support the city's AA1 bond rating.
Key revenue and levy points in the presentation included the use of net new construction to increase levy capacity, deductions for changes such as personal property aid and an EMS formula adjustment, and a caution…
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