Finance Committee Tuesday, July 14, 2026 05:00 PM City Hall Council Chambers, 410 E Leffler St, Dodgeville, WI

I.CALL TO ORDER AND ROLL CALL

II.APPROVAL OF MINUTES

1. 1.Approval of Minutes from May 12, 2026

• Finance Committee mtg minutes 05122026.pdf (0.04 MB)

III.OLD BUSINESS

1. 2.Discussion and possible action to approve journal entries from periods 01/26 to 03/26

• Journals period 0126 to 0326.pdf (0.28 MB)

2. 3.Discussion and possible action to approve financial reports for periods 01/26 thru 03/26

• Budget vs Actual as of period 0326.pdf (16.79 MB)

3. 4.Discussion and possible action to approve January, February, and March 2026 utility reports and financials

• 1.31.26 Billing and Usage Summary.pdf (0.11 MB)
• 1.31.26 Transaction Summary.pdf (0.10 MB)
• 2.1-2.28 Billing and Usage.pdf (0.15 MB)
• 2.1-2.28 Transaction Summary.pdf (0.15 MB)
• 3.1-3.31 Billing and Usage.pdf (0.15 MB)
• 3.1-3.31 Transaction Summary.pdf (0.15 MB)

IV.NEW BUSINESS

1. 5.Discussion of 2026 Capital Improvement Plan

2. 6.Discussion and review of current status of TruHotel and Pizza Ranch

3. 7.Discussion and possible recommendation regarding the City's 2026 capital financing strategy and the need for additional borrowing

4. 8.Discussion and possible recommendation regarding the use of General Fund balance, carryover accounts, Local Government Investment Pool (LGIP) funds, and other available reserves to fund approved capital projects. 

5. 9.Discussion regarding development of a long-term capital funding plan for major equipment replacement, facility improvements, and infrastructure projects.

6. 10.Discussion regarding communication of the City's financial position and capital funding strategy to the Common Council

V.ADJOURN

1. 11.Motion to Adjourn