Assembly Bill 440 proposes adjustments to the levy increase limits for the village of Oregon and the towns of Oregon and Rutland in Dane County. Specifically, the bill establishes that the base amount for the 2026 levy increase limit will be the actual levy from 2025. This base amount will include any levies made in 2025 for costs related to a joint fire department or joint emergency medical services district, regardless of whether those costs were properly included in the levy. Additionally, the bill ensures that the 2026 levy increase limit will not be reduced due to any decrease in debt service related to these joint services.

The bill includes several key provisions that modify existing law. It specifies that the Department of Revenue cannot reduce the base amount for the December 2025 levy based on costs associated with the joint fire department or emergency medical services district, even if those costs do not qualify for exceptions under current law. Furthermore, the levy limit for December 2025 will not be reduced for general obligation debt service associated with these joint services. Overall, the bill aims to provide financial stability for the covered municipalities by allowing them to maintain their levy levels in light of shared service costs.