A proposed 'privilege fee' system for new development could eventually help recoup hundreds of millions in infrastructure costs tied to Lexington's recent expansion.
A federal legal agreement requiring Lexington to upgrade its aging sewer system to prevent sewage overflows into local waterways. The multi-billion dollar infrastructure project affects city finances, construction throughout Lexington, and water quality improvements mandated by the Environmental Protection Agency.
In the Tuesday, January 27th Budget, Finance, and Economic Development Committee meeting, Council will hear a presentation about the potential costs for developing new infrastructure in the parts of the Urban Service Area that were expanded in 2023.
