The Village Board will hold a special meeting on Monday, August 31 to discuss potential parking changes and to further review the long-range financial plan. Call in information and supporting meeting materials can be found in the August 31 agenda packet posted here.
On-Street Overnight Parking Regulations
On June 24, 2020, the Technical Advisory Group (TAG), who oversaw the implementation of the Transportation and Parking Study, met to discuss possible changes to overnight parking, alternate side parking and winter regulations. These changes were outlined as areas to review in the completed Transportation and Parking Study. The TAG provided consensus that an on-street overnight parking permit should be made available without residency requirements and initially suggested that limiting the number of permits per household seemed logical, if possible.
On July 6, 2020, the Village Board met and expressed similar consensus to offering an on-street overnight parking permit. However, the Village Board was not able to come to a consensus on the price of the permit. The Board also discussed a residency requirement and if a limit to the number of permits per household was needed. The Board expressed concern that demand could outpace supply in certain areas, particularly in the business district. It was indicated that preferred implementation for any changes would occur on January 1, 2021.
After additional research, the TAG convened on July 29, 2020 and recommended that the Village make an on-street overnight parking permit available without residency requirements or household limitations. A proposed fee of $50 per month would be for on-street permits and a reduced $40 per month for off-street permits. The Village Board will be reviewing these recommendations next Monday in anticipation of taking action on September 8 to approve or oppose an ordinance and policy formalizing the on-street overnight parking permit program as well as amending the Village’s fee schedule to implement a new fee for the permit.
Review of Long-Range Financial Plan
The second part of the meeting will feature a review of the long-range financial plan (LRP). The LRP is a 10+ year outlook on the Village’s significant capital improvement projects. Several of these projects involve outside agencies in completing the projects, such as MMSD and WisDOT. Since the Village Board reviewed the LRP earlier this year, some anticipated start and completion dates have shifted due to schedules involving these outside agencies. This has opened up 2022 to complete a larger capital project. Full street reconstruction of Oakland Avenue (north of Capitol Drive) was originally scheduled in 2024, and Oakland Avenue (south of Capitol Drive) was originally scheduled in 2028. Staff is asking the Board to consider moving up Oakland Avenue improvements to 2022 for pavement replacement. The benefit of doing this option would be to use TID 5 to fund the project before it closes. The other option being proposed to the Village Board is to defer Oakland Avenue reconstruction to post 2027 due to the number of projects now scheduled in 2024.