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Verona unveils proposed 2025 budget with 3% COLA and new personnel, sets amendment timetable
Summary
City staff presented a proposed 2025 budget that meets the municipal levy limit, proposes a 3% cost-of-living adjustment, adds several staff positions, and funds capital projects including a $45,000 solar panel pilot; public hearing and potential passage are scheduled for Nov. 11, with amendments due Nov. 7.
Verona city staff presented the proposed 2025 budget to the Committee of the Whole on Oct. 28, outlining a plan that meets the municipal levy limit and includes a 3% cost-of-living adjustment for employees.
The presentation, delivered by Mr. Olick, said the proposed budget meets the municipal levy limit of $16,546,337 and that the city’s equalized property value exceeded $4,000,000,000 in the year referenced. Olick said growth — residential, commercial and industrial development — continues to expand Verona’s tax base, producing roughly $800,000 in additional revenue from net new construction in the budget year.
The proposal recommends a 3% COLA to retain and attract staff and includes several personnel additions: a full-time deputy director for the senior center, a full-time parks employee, a full-time permit specialist (offset by reduced contracted services), a…
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