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Oconomowoc adopts annual indexing for impact fees and sewer charges effective Jan. 1, 2025

City of Oconomowoc Common Council · December 4, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved indexing impact fees and sewer availability charges for 2025 after staff reported construction costs rose about 1% and LGIP interest about 5%; a typical single-family house will see approximately a $98 increase.

The Oconomowoc Common Council voted Dec. 3 to authorize annual indexing of impact fees and sewer-availability charges effective Jan. 1, 2025.

Staff reported that the city evaluates two indexes when setting fees: a construction-cost index (which rose roughly 1% this year) and interest…

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