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Monona council adopts 2026 operating budget and tax levy after amendments
Summary
The Monona Common Council adopted the 2026 operating budget and set a tax levy Dec. 1, approving several budget amendments including a debt-service repayment adjustment that reduced the levy and smaller department-level changes.
The Monona Common Council adopted the city’s 2026 operating budget and tax levy on Dec. 1 after approving a series of budget amendments that adjusted debt service, departmental costs and a small training allocation for AI research.
Finance director Mark summarized seven amendments that altered the levy and internal allocations. The largest change came from a revision to the debt-service repayment schedule; staff reported a lower-than-expected borrowing cost that reduced the city’s required debt-service contribution by $737,800, which in turn lowered the property tax levy pressure (amendment 2601).
Council approve…
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