Local government has been pressured to have “growth pay for itself” over the past several years. One method that local governments turn to is the imposition of impact fees. Impact fees include a variety of fees to fund capital expenditures required by new development and are typically paid by the builder when a building permit is issued. Impact fees in Colorado range from water and sewer tap fees, water development and water acquisition fees, transportation fees, park fees, fire and police fees, and several other categories.
IMPACT FEES
