Small business owner battles exorbitant impact fees
October 16, 2024 | Town of Zionsville, Boone County, Indiana
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Hunt noted that a local chiropractor is facing a $20,000 impact fee for a 1,900 square foot space. This fee is considerably higher than what a similar office paid three years ago for a much larger space. She argued that such fees could deter small business owners from choosing the city for their operations.
The conversation also touched on alternative financial options for businesses struggling to pay these fees. Town staff are available to assist those who may have trouble with upfront costs. However, Hunt expressed concern that the current fee structure may be seen as unfriendly to small businesses, potentially pushing them to consider other locations.
Overall, the meeting underscored the need for a review of impact fees and their implications for local economic growth. The discussions highlighted a growing concern that these fees could hinder the establishment of new businesses in the community.
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