David Maack

Proposed 2027 City of Racine Budget

The full 2027 budget — including potential property tax impacts — will be worked out in Committee of the Whole before adoption.

2027 Proposed City Budget

The 2027 budget details presented will drive next year's property taxes and city services.

Racine Zoo Funding

About $6.4 million in grant revenue plus roughly $421,000 from student transit contracts.

Parking Meter Removal and Digital Parking

About $24,255 to implement (including $12,255 in hardware) plus $12,000 a year for licensing, paid from existing MIS funds.

2027 special assessment rates for 2028 paving projects

Affected property owners face assessments of roughly $6,500 per alley property and up to $350,000 for the Raker Court parcel.

TID 25 developer loan extension — J. Jeffers & Co.

No additional city funds, but the loan stays on the city's books until 2033.

2026 General Obligation Borrowing

Up to $22.7 million in new borrowing and $15.6 million in refunding bonds, with MLK Center principal payments starting in 2028.

Public hearing speaker time limit

Vacant home renovation ('Racine: Rehabbed and Ready')

Up to $1,077,000 from Code Grants account, roughly $25,000 per property.

Tax incremental district package (TIDs 11, 13, 22, 23, 27, 28, 31, 32, 33, 10, 16)

A new $30.8 million financing structure on the lakefront site, plus roughly $10 million a year in tax increment redirected among districts — schools, Gateway and the county see none of it for up to 27 years.

Employee health and wellness center agreements

The city's 2027 share is about $403,678, proposed in the insurance budget.

Weidner monthly department reporting and P-card disclosure

Estimated $30,000 a year in labor to produce the reports.

Claims disallowances

Disallowing avoids payouts on the five claims, amounts unspecified.

Federal policy impacts on Racine

Tariffs are reportedly raising consumer prices locally, and benefit cuts affect vulnerable residents.

Mayoral veto overridden

State funding shortfall and local control

The state shortfall is estimated at over $300 million over two decades, contributing to higher property tax bills.

Christine Daugherty vehicle-loss claim

The claimant reports total loss of her vehicle and, subsequently, her job and housing; the payout amount was not itemized.

Communications ordinance and referral authority

No direct fiscal impact — the fiscal note lists N/A.

Aldermanic phones

Up to $7,600 a year, reappropriated from an existing budget line — no new money.

No-bid G Strategies fundraising contract

$150,000 in bond interest earnings earmarked for the contract.