PRESCOTT – Trinity Consulting presented the Prescott City Council with the City of Prescott’s impact fee study on Monday, Feb. 10. Erik Granum and Christy DeMaster of Trinity Consulting joined the meeting via Zoom to provide an overview.

Impact fees are assessed to new developments to help fund the construction or expansion of public facilities and infrastructure, supporting growth. The fees are charged to any new growth within the city and are due when the building permits are issued. State statutes require specific procedural requirements for adopting the impact fees, including the preparation of a public facilities needs assessment along with other specific elements, including inventory of all existing and planned facilities and identification of any deficiencies in the existing facilities.

The updated impact fees for a new home total $3,965, an increase of $1,775 from the current fee of $2,190.

Alderperson Maureen Otwell expressed her appreciation for the clear and “easy to understand” plan.

“Am I understanding that correctly then, the benefit of the impact fees would go to the current residents?” she asked.

“It benefits everybody,” Granum explained, noting that by having an offset it would benefit existing residents as well as future residents. The council adopted the Public Facilities Needs Assessment Review from Trilogy, and a public hearing has been scheduled for March 10.