Businesses may have an increased incentive to continue or start operations in Kingman, as more funds can go toward the business itself rather than to building fees.
City Council Tuesday unanimously approved an ordinance to waive commercial building fees in Kingman starting April 1 and running through June 30, 2019. Keith Eaton, assistant chief at Kingman Fire Department and current building official, said on Monday the estimated loss to revenue from the ordinance is about $150,000. That figure is based on revenue acquired from commercial building fees in years past.
According to Eaton, the practice of waiving commercial building fees so as to increase incentive for commercial businesses is not uncommon.