City of Grand Junction, CO

07/15/2024 | Press release | Distributed by Public on 07/15/2024 12:34

City of Grand Junction Seeks Community Input on Impact Fee Study

The City of Grand Junction is hosting a community meeting about impact fees on Thursday, July 18, 2024, at 10:30 a.m. in the Fire Training Room located at 625 Ute Avenue. An impact fee study is conducted every five years to assist in offsetting the costs of new capital construction such as streets, parks, and public safety facilities. Community participants can also join the meeting virtually.

The impact fee study process will include engagement with stakeholders and other interested community members through informational and feedback sessions as well as online at EngageGJ.org.

The city has contracted TischlerBise to develop an updated impact fee study to identify supportable fees for transportation infrastructure, municipal facilities, parks, public safety (fire and police), and affordable housing. TischlerBise is a fiscal, economic, and planning consulting firm that has prepared more than 1,000 impact fee and infrastructure financing studies across the country.

The city's last fee study for transportation, police, fire, parks, and municipal facilities was completed in 2019. The City's municipal code requires the study to be reviewed at least once every five years by an independent consultant. Representatives from TischlerBise will be presenting information about impact fees and the related process and timeline for completing the fee studies. TishlerBise will be working to complete the fee study by fall 2024.

Impact fees are one-time payments charged to new development and help to ensure that the city can maintain the current levels of service by offsetting the costs of new capital construction necessary to accommodate new development and growth. These fees are used solely to fund growth-related city capital improvements. Fees charged to new development are proportionate to the development's share of these capital costs.

Community members can provide their feedback on EngageGJ.org or by attending the upcoming community meeting.