Wednesday, September 15, 2010

Stockton Cuts Impact Fees

Stockton has substantially cut impact fees on nonresidential construction projects, and downtown development.  I generally agree with the proposal and hope the conversations continue about adjusting residential development fees and how to make overall city finances less dependent on impact fees in the long-run. 

I am a little concerned that city leaders are thinking of this as a short-term stimulus program rather than a necessary long-term adjustment that will support a healthier economy.

No comments:

Post a Comment