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Date of Assessmentsurvey Assessment Completed by Form

Date of Assessmentsurvey Assessment Completed by Form

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[Music] hello i'm mayor shane blazer coming to you with an important video announcement the city of wisconsin rapids is in the process of reviewing funding options to offset street construction and maintenance costs in response to a growing concern around special assessments city staff performed a review of special assessment process and identified funding options that might serve as a substitute for special assessment we are exploring several funding options and staff has compiled a detailed report of their findings with the current program funds are collected from property owners who directly benefit from street improvements this revenue is used to offset street construction and maintenance costs however with current budget amounts a street built in 2020 may not be rebuilt until 2170 while over a hundred years past its useful life current revenues generate 350 000 for street related items with the street replacement and maintenance program at 1.5 million and 800 000 respectiv

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