Impact Fees: Mayor Goode's Letter to Prescott for Aug 1, 2024

On August 13, Prescott City Council will hold a public hearing regarding proposed impact fees affecting new residential and commercial projects. If the Council decides to move forward, we will have an October 8 meeting to formally adopt the new rates, which would go into effect on January 1, 2025. There have been some concerns expressed about the steep increase in these fees. In this message, I will outline the factors that have made this kind of increase necessary. First, I would like to provide an overview about impact fees and why they are used in Prescott and other cities...

For the written story, read here >> https://www.signalsaz.com/articles/impact-fees-mayor-goodes-letter-to-prescott-for-aug-1-2024/

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