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Committee adopts 2025 special assessment factors and interest approach for unpaid assessments
Summary
The Improvement Service Committee approved updated 2025 assessment factors and described the city’s approach to unpaid special assessments, including automatic conversion to a five-year bond payment plan with an interest-plus-administration rate.
The Green Bay Improvement Service Committee on Jan. 15 approved the city’s recommended 2025 special assessment factors and associated rates for sanitary sewer, storm sewer, water and street construction.
Staff presented a memo and tables showing recent construction costs and recommended assessment-factor updates. Examples cited in the presentation included a proposed asphalt pavement assessment-factor increase from $175 to $195 per front foot and a…
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