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Committee reviews proposed increases to park and well impact fees and asks for municipal comparisons
Summary
The committee reviewed the village’s draft changes to park/playground and well impact-fee recommendations, discussed housing-affordability analysis methodology, and assigned members to gather comparable fees from nearby municipalities.
The Village of Cross Plains Finance Advisory and Enhancement Committee reviewed proposed increases to impact fees tied to parks/playgrounds and a proposed well/reservoir project and asked members to collect comparable fee schedules from neighboring municipalities.
Staff explained state law permits municipalities to charge impact fees for new development to cover the costs of infrastructure needed for growth; those fees are typically assessed per lot or unit and must be used for the intended…
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