The Madison City Council approved the budget for FY2026 during a called meeting on June 27 at City Hall.
According to City Manager John KIimm, the city is projecting total general fund expenditures of $6,659,375 and a total budget of $21,774,394 for the upcoming fiscal year, which reflects an overall decrease in spending compared to the current budget year.
Madison expects to collect $2,134,000 in property taxes and $1,650,000 in sales tax next year, as part of total revenues of $6,506,200.