WAUWATOSA -- Wauwatosa leaders may soon vote on a new tax proposal to pay for their aging roads.
The proposal would create a $30 vehicle registration fee, for anyone who lives in Tosa.
Right now Wauwatosa drivers pay a $75 state registration fee and $30 Milwaukee County wheel tax, adding up to $105 each year.
The $30 proposed registration fee would have Wauwatosa residents paying $135 total a year, for each vehicle they own.
Wauwatosa's finance director John Ruggini explains if approved, the tax would help pay for the city's aging roads.
"If you assume they last about 50 years, they have to replace about three miles of road every year just to keep up with the current infrastructure," said Ruggini, which adds up to about $3 million a year.
He tells us the proposed tax could raise about $800,000 a year for the city, "Currently were borrowing for most of our infrastructure cost so this would provide us cash on hand and this would avoid over 25 years about $4 million in interest cost," said Ruggini.
There is a public hearing scheduled for October on this very issue. Ruggini expects the city council to vote on the proposal in late November.
Click here to learn more about the proposal by the city.
