Department of Finance
Reference: Impact Fee Proposal and Municipal Code Updates
To: Mayor Gregory Mills and Members of City Council
Through: Michael P. Martinez, City Manager
Prepared By: Catrina Asher, Director of Finance
Scott Olsen, Director of Utilities
Date Prepared: July 23, 2024
PURPOSE
To propose updates to Impact Fees for 2025 and 2026, and to propose changes to the Brighton Municipal Code related to Impact and Utility Fees and Rates. Updates have also been proposed to the Utility portions of Brighton Municipal Code as described in this staff report.
BACKGROUND
Impact Fee Proposal
On April 23, 2024, staff presented City Council with the results of an impact fee study performed by third party consultant Economic & Planning Systems (EPS). Those results as well as background on the purpose and scope of an impact fee study can be found in the Study Session packet for that date.
For context and background, impact fees and their uses and restrictions are defined as follows:
Impact fees are fees charged on new development to fund capital investment needed for a City to maintain a consistent level of service for the residents and businesses as the population grows. Impact fees are charged to builders and developers based on the type and size of the development (e.g. residential, retail, industrial, etc.). Fees may be charged for various service categories, including (but not limited to) parks and open space, general facilities, fleet and transportation. Only new development is subject to impact fees.
The use of impact fees is governed by the Colorado Revised Statutes (C.R.S.) and fees must be used on projects that expand service capacity. This may include expanding the vehicle or equipment fleet (e.g. additional snowplows to plow the additional roads created by development) or adding square footage to City facilities (e.g. additional office space to house additional Police staff needed to manage a growing community). Impact fees may not be u...
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