During a recent government meeting, Dwight Hatfield raised concerns regarding the implementation of impact fees, marking his fourth address on the topic. He emphasized the importance of balancing impact fees with ad valorem taxes to avoid deterring new businesses and residents. Hatfield pointed out that schools account for a significant portion of the budget, noting a recent half-cent sales tax increase for educational funding.
He expressed skepticism about the current projections for school funding and suggested that any impact fee should not exceed 25% to allow for future growth assessments. Hatfield highlighted the potential negative effects of rising interest rates on housing development and cautioned against imposing fees that could discourage new residents.
In response to the ongoing discussions, Hillary Metz from CHL Holdings inquired about the timeline for the final version of the draft ordinance concerning impact fees, indicating a need for clarity and further review. The meeting underscored the complexities surrounding funding for essential services like education and emergency medical services, as well as the broader implications for community growth and development.