Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Monona staff report nearly $800,000 added to year-end fund balance; franchise fees decline flagged

City of Monona Finance and Personnel Committee · March 17, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff reported the 2025 year-end financials to the Finance & Personnel Committee on March 16, noting an almost $800,000 increase to fund balance (partly from referendum interest and police salary savings), a decline in cable franchise fees, strong EMS fund performance, and a projected $8,000 2026 cost from Madison traffic-signal rate increases.

City staff presented the 2025 year-end financial report to the Monona Finance & Personnel Committee on March 16, reporting a near-$800,000 increase to total fund balance driven in part by referendum interest income and personnel savings in the police department.

Mark, a city staff member who delivered the report, said the general fund added "almost close to $800,000," noting the police department saved nearly $200,000 because several positions remained vacant for an extended period. He…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans