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Record of Proceedings

Fitchburg Joint Review Board Meeting - November 6, 2025

Common Council & City Boards — Thursday, November 6, 2025
BodyFitchburg, Wisconsin
SessionCommon Council & City Boards
DateThursday, November 6, 2025
StatusFILED
Video Record
0:00 / 1:03:21

Original source
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Speaker numbers apply only to this recording.

Unassigned speaker

0:15

All right, we'll call the order the meeting of the Finchburg Joint Review Board on

Speaker 1

0:20

November 6, 2025 at 303 p.m.

0:24

in the city of Fitchburg.

0:26

I will turn it over to Fitchburg City Treasurer, Misty Dodge to take the role, please.

Speaker 2

0:30

I'm gonna do it by jurisdiction.

0:32

So public member, that's you, Sean.

Speaker 3

0:35

Here

Speaker 2

0:36

Dane County.

Speaker 3

0:37

Here.

Speaker 2

0:38

City of Pittsburgh.

Speaker 3

0:41

Here

Speaker 2

0:42

Madison College.

0:45

Madison School District is absent with Oh, nope, now

Speaker 4

0:52

we're we're we're absent.

0:54

I'm just sitting in to listen.

0:56

Our our voting member vice president is not joining us.

Unassigned speaker

1:02

Uh

Speaker 2

1:02

Verona School District.

1:05

Oregon School District.

Speaker 1

1:08

Here

Speaker 2

1:09

you have a quarter.

Speaker 3

1:10

Well, thank you.

1:11

Um Sean is gonna be Sean is continuing on as Fitchburg's public member and also continuing on as chair for the meeting for us today.

Unassigned speaker

1:21

Thank you.

Speaker 1

1:22

Thank you, Mike.

1:23

And I want to thank the mayor who is here today for your confidence in me in pointing me to this committee.

1:28

Anyway, but anyway, um the mayor for appointing me to this committee.

1:35

Uh this committee is a very statutorily meets once a year.

1:38

Am I correct, Misty?

Speaker 2

1:40

Once a year for sure.

1:41

For sure.

1:41

Possibly more.

Speaker 1

1:42

It's very unique as we all know for the public.

1:44

Fitchburg is a unique community.

1:46

A lot of reasons, but the joint review board has all of the taxing jurisdictions that you see on your property tax bill.

1:53

And the unique part about Fitchburg is the three different school districts.

1:57

We thank everybody for coordinating their calendar, and we value the county, obviously the city, mask college, and the three different school districts for joining us.

2:07

So thank you.

2:08

So Misty, uh minutes, we approve those.

Speaker 2

2:10

Yes, please.

2:11

So you'll need a motion and a second.

Speaker 1

2:12

I would ask uh County Treasurer Adam to make a motion to approve the May 30th, 2024 minutes.

2:18

Yes, all motion.

2:19

Is there any discussion?

2:20

Is there a second?

Speaker 5

2:22

I can second.

Speaker 1

2:23

Second from Sylvia from Madison College.

Unassigned speaker

2:26

This

Speaker 1

2:26

committee has met in a while.

2:28

So is there any

Unassigned speaker

2:29

do

Speaker 1

2:29

we remember we did a May 30th, 2024?

2:31

I think Mike scheduled us the Friday before Memorial Day or something like that.

2:36

Anyway, with that, I'll accept the uh all those in favor of approving those minutes signify by saying aye.

2:42

Aye opposed, aye opposed, same sign.

2:47

The ayes have it.

2:48

Thank you.

2:49

Public appearance for non-agenda items.

2:51

Madam Mayor, anything you want to say to the group?

Speaker 6

2:53

No.

Discussion Breakdown — Share of Meeting
Economic Development█████████████████████████████████████████████68%
Taxation Policy████████████18%
Procedural█████8%
Affordable Housing█2%
Transportation Safety█2%
Public Engagement█2%
Summary of Proceedings

Fitchburg Joint Review Board Meeting - November 6, 2025

The Fitchburg Joint Review Board met on November 6, 2025, at 3:03 PM to review and unanimously approve annual reports for Tax Increment Districts (TIDs) within the Verona Area, Madison Metropolitan, and Oregon School Districts. City Treasurer Misty Dodge managed the proceedings, with financial analysis provided by Greg Johnson of Ehlers. The meeting highlighted substantial incremental value growth in active TIDs and detailed future development plans.

Consent Calendar / Unanimous Actions

  • Minutes: The board unanimously approved the minutes from the May 30, 2024 meeting.
  • Verona Area School District Reports (TIDs 9 & 17): Approved unanimously.
  • Madison Metropolitan School District Reports (TIDs 10, 12, & 16): Approved unanimously.
  • Oregon School District Reports (TIDs 11, 13, & 14): Approved unanimously.

Discussion Items

  • Verona Area School District TIDs: Greg Johnson presented TID 9, which has an incremental value of approximately $122.1 million and is on track to close in 2036. Chair Sean expressed strong support for the district's track record, highlighting Sub-Zero's global headquarters and a planned 304-unit apartment development. For TID 17, City Administrator Mike Zimmerman noted recent commercial improvements and the potential to amend the district to facilitate redevelopment of the Jamestown quarry infield. Representative Chad from the Verona Area School District expressed the district's support for the TIDs and reported an enrollment dip of 100 students, reinforcing the need for housing growth.
  • Madison Metropolitan School District TIDs: The board reviewed TIDs 10, 12, and 16. TID 10 has generated over $144 million in incremental value. Future projects include the seven-story Bowman Plaza development (270 units and commercial space) and a UPS site redevelopment. TID 12 was reported as financially sound. Misty Dodge announced supplemental distributions from closed districts: $220,000 from TID 6 and roughly $10,000 from TID 15, which will be wired to overlying jurisdictions.
  • Oregon School District TIDs: Discussions covered TIDs 11, 13, and 14. Mike Zimmerman reported that the city is working with Fairchild Development on a 325-unit market-rate apartment project and Trilogy on a 119-unit senior continuum of care for the stalled TID 11. For TID 13, significant progress includes the UW Health rehabilitation hospital and 114 workforce housing units reserving 10% of units for households at or below 60% of the county median income. TID 14 is experiencing robust construction. Representative Andy from the Oregon School District reported stable enrollment (down 8-9 students) and praised the development.
  • TID for Housing Fund: Mike Zimmerman stated that $10.3 million is available in the TID for Housing fund, generated from closures of successful districts. The funds are being allocated to programs including down payment assistance and land acquisition.

Key Outcomes

  • Approvals: All presented TID reports received unanimous approval.
  • Distributions: Treasurer Misty Dodge will coordinate the timing for wire transfers of supplemental distributions from TID 6 and TID 15.
  • Future Steps: The city signaled potential amendments to TID 17 and TID 18 to support quarry redevelopment and senior housing. The $10.3 million TID for Housing fund is actively being programmed for housing initiatives.
  • Adjournment: The meeting was adjourned following the unanimous approval of the Oregon School District TID reports.

Meeting Transcript

All right, we'll call the order the meeting of the Finchburg Joint Review Board on November 6, 2025 at 303 p.m. in the city of Fitchburg. I will turn it over to Fitchburg City Treasurer, Misty Dodge to take the role, please. I'm gonna do it by jurisdiction. So public member, that's you, Sean. Here Dane County. Here. City of Pittsburgh. Here Madison College. Madison School District is absent with Oh, nope, now we're we're we're absent. I'm just sitting in to listen. Our our voting member vice president is not joining us. Uh Verona School District. Oregon School District. Here you have a quarter. Well, thank you. Um Sean is gonna be Sean is continuing on as Fitchburg's public member and also continuing on as chair for the meeting for us today. Thank you. Thank you, Mike. And I want to thank the mayor who is here today for your confidence in me in pointing me to this committee. Anyway, but anyway, um the mayor for appointing me to this committee. Uh this committee is a very statutorily meets once a year. Am I correct, Misty? Once a year for sure. For sure. Possibly more. It's very unique as we all know for the public. Fitchburg is a unique community. A lot of reasons, but the joint review board has all of the taxing jurisdictions that you see on your property tax bill. And the unique part about Fitchburg is the three different school districts. We thank everybody for coordinating their calendar, and we value the county, obviously the city, mask college, and the three different school districts for joining us. So thank you. So Misty, uh minutes, we approve those. Yes, please. So you'll need a motion and a second. I would ask uh County Treasurer Adam to make a motion to approve the May 30th, 2024 minutes. Yes, all motion. Is there any discussion? Is there a second? I can second. Second from Sylvia from Madison College. This committee has met in a while. So is there any

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