Thursday, May 8, 2008

Higher Impact Fees? We Say, "It's About Time!"

The Explorer writes that the Oro Valley Town Council is considering raising impact fees. Just because the state legislatures bought into SAHBA's claim of hardship is no reason Oro Valley should do the same.

The home builders have been raking in millions of dollars in profits---without complaining. Now that there's a slowdown, they complain they won't be able to continue building in Oro Valley.

We say, "So be it!"

Click here to read The Explorer article on this.

1 comment:

OV Objective Thinker said...

Just as matter of curiosity, I would like to know what folks think the impact fee money is/should be used for?

And secondly, now that the impact fees have already risen to a point that if a new home is purchased with a mortgage, the finance costs on impact fees and the impact fees themselves total nearly $85,000 per home and the fact that Oro Valley is the highest when it comes to impact fees in this area, where do we draw the line and say it's pricing people out of this market?

When that happens we, as individual taxpayers, are going to have to pick up that load out of our own pocket.