MADISON (WKOW) — City officials in Madison are facing a tough financial road ahead as they grapple with budget shortfalls for 2025, some budget cuts could impact transportation services.
During a Transportation Commission Meeting on Wednesday, officials openly acknowledged the looming financial challenges on the horizon. This acknowledgment comes after 14 consecutive years of budget shortfalls for the City of Madison, largely attributed to state-imposed revenue restrictions combined with increasing service demands.
In the past five years alone, Madison has relied heavily on federal pandemic relief and economic recovery funds to sustain some essential services. However, with those temporary measures now waning, city officials find themselves in a position to raise more funds.Â
To address the budget deficit, officials are considering various strategies to increase revenue. Among these are proposals to raise funds through avenues such as increased vehicle registration fees or stricter enforcement of street parking violations. However, if additional funds cannot be secured, difficult decisions may need to be made, including potential cuts to bus routes that have low ridership or job.
Officals hope to introduce a referendum to voters to help decide which services should continue and which services may need to be reduced.
The city will continue to seek input from the public on best directions to take.Â