By Rofida Khairalla | Coolidge Examiner
Coolidge is preparing to potentially raise impact fees to help the city adjust to incoming growth.
The city previously lowered the fees in an effort to attract new businesses. However, with corporations expressing growing interest in Coolidge, officials now believe the community may just be gearing up for a boom.
Impact fees are charged to new builders and provide city government with the financial means to support new capital facilities. The capital projects fees can be used in areas that support growth, including the library, parks, police, fire, streets and wastewater.
On the construction of a single family home, Coolidge charges developers a total of $6,380. Of that figure, $296 goes toward libraries, $839 is given to parks, $743 to police, $751 is allocated to fire, and $2,067 is designated for streets. The remaining $1,693 is intended for wastewater treatment.
