Fiscal Note
This ordinance amendment responds to the recently enacted 2007 Wisconsin Act 44 which modifies the terms under which municipal impact fees may be imposed and collected. The amendment has no direct or immediate impact on projects contained in the adopted 2008 budget. The long term impact of conformance to the new impact fee statute will, however, be to increase the administrative burden associated with impact fee districts.
The recent amendment to the impact fee statute changes slightly the definition of eligible expenditures, modifies the time period during which municipalities must complete project expenditures, and modifies the time when municipalities may require payment of impact fees. The application of these changes is dependent upon the date a district is created and the dates actual project expenditures occur. This will significantly complicate the requirements associated with tracking impact fee project expenditures and the future collection of impact fees.
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Amending Secs. 16.23(8)(f), 16.23(9)(e), 20.08(6)(a), 20.09(1)(f) and 20.11(1) of the Madison General Ordinances relating to the imposition and collection of subdivision service costs, fees in lieu of parkland acquisition and impact fees.
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DRAFTER'S ANALYSIS: This ordinance amends various sections of the Madison General Ordinances relating to the imposition and collection of subdivision service costs, fees in lieu of parkland acquisition and impact fees, resulting from the recent adoption of 2007 Wisconsin Act 44.
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The Common Council of the City of Madison do hereby ordain as follows:
1. Subdivision (f) entitled “Public Sites and Open Spaces” of Subsection (8) entitled “Design Standards” of Section 16.23 entitled “Land Subdivision Regulations” of the Madison General Ordinances is amended to read as follows:
“(f) Public Sites and Open Spaces. The following provisions are established to p...
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