Development Impact Fees
Development Impact Fees for water infrastructure, wastewater infrastructure and water resources are assessed to contribute to costs associated with various infrastructure and necessary public service improvements that need to be expanded as a direct result of development within the City of Prescott. New development areas can require substantial investment and construction of capital facilities before or in conjunction with future development depending on the location of the development and existing infrastructure.
Since not all areas within the City have the same capital facility requirements, the City is divided into separate fee areas so that the fees charged in any one fee area pay only for infrastructure which provides a direct benefit to that particular fee area. For example: the Water System Impact Fee for Service Area ‘F'(SR69 corridor) funds only water system improvements that directly benefit that area. It does not fund water system improvements in Water System Impact Fee Service Area ‘J'(Copper Basin Road), which do not directly benefit from water system improvements in Water System Impact Fee for Service Area ‘F’. In addition, fees vary by infrastructure needs identified in the Infrastructure Improvement Plan (IIP) and growth potential.
Final Reports
- Final Report for Non-Utility Development Impact Fees dated 4-4-19
- Final Report for Water, Water Resource and Wastewater Development Impact Fees dated 4-12-19
- TM02 AMENDED Infrastructure Improvement Plan and Land Use Assumptions dated April 2019
Development Impact Fee Process
| Date | Type | Description | Document |
|---|---|---|---|
| November 13, 2018 | Council Workshop (1:00pm) | Workshop on Land Use Assumptions (LUA) and Infrastructure Improvement Plan (IIP) |
Proposed Non-Utility Land Use Assumptions and Infrastructure Improvement Plan 2018 |
| November 13, 2018 | Council Voting (3:00pm) | Adoption of notice of intent, publishing LUA and IIP, and set public hearing date |
NOI 11-13-18 NOI 11-13-18 Council Agenda Item Council Agenda Item 11-13-18 |
| January 22, 2019 | Council Voting (3:00pm) | Public hearing on LUA and IIP | IIP and LUA Presentation 2019-01-22 |
| February 26, 2019 | Council Voting (3:00pm) | Presentation on proposed Development Impact Fees (DIF) Adoption of LUA and IIP Adoption of Notice of intent, publish DIF report, and set public hearing on DIF |
DIF Presentation 2019-02-26 |
| April 9, 2019 | Council Voting (3:00pm) | Public hearing on development impact fees | 2019-04-09_Prescott City Council – DIF Update Final |
| May 14, 2019 | Council Voting (3:00pm) | Adoption of development impact fees | Water ReportFinal Report for Water, Water Resource and Wastewater Development Impact Fees dated 4-12-19Non-Utility ReportFinal Report for Non-Utility Development Impact Fees dated 4-4-19Impact Fee2019-05-14 Presentation |
| August 1, 2019 | Implementation of adopted development impact fees |