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City presents required development impact fee audit; auditors find variance in growth assumptions and two fee misapplications
Summary
Finance staff and external auditors presented the city's biennial development impact fee audit covering July 1, 2022 to June 30, 2024. The audit identified a variance between forecasted and actual growth and two instances of misapplied fees that staff corrected; staff said a new permitting system will reduce similar errors going forward.
Goodyear's finance director presented the required development impact fee audit at the March 24 meeting, summarizing findings from Heinfeld, Meach & Company, the third‑party firm that performed the review.
Finance Director Jared Askelson said the audit covers July 1, 2022 through June 30, 2024 and spanned two impact fee studies; Heinfeld,…
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