WISCONSIN RAPIDS – The City of Wisconsin Rapids is offering opportunities for the public to weigh in on the proposed transportation utility, which would replace special assessments. Property owners can provide feedback and ask questions about the transportation utility using any of the below methods.
The transportation utility is a mechanism to raise revenue, similar to other utilities, and is based on a customer’s relative use of the road system (or the property’s “trip generation”). Trip generation for each property within the City is determined using the Institute of Transportation Engineers’ Trip Generation Manual. The trip generation manual is derived from hundreds or thousands of studies across the nation for many different land uses. The data is analyzed and characterized in a way that can be compared across similar land uses with similar characteristics.
At Tuesday’s meeting, City Council approved a $500,000 target revenue for the transportation utility, which would replace revenues from special assessments at $350,000 and increase road surfacing efforts at $150,000.
The target utility revenue of $500,000 is divided by the annual trips generated within the city to determine a cost per trip. The cost per trip is applied to the trips generated at each property within the city.
Learn more about the transportation utility and other special assessment alternatives that were explored here: www.wirapids.org/transportation-utility