Wednesday, 15 September 2010

Stockton Cuts Impact Fees

Stockton has substantially cut impact fees on nonresidential construction projects, and downtown development.  I generally agree with the proposal and hope the conversations continue about adjusting residential development fees and how to make overall city finances less dependent on impact fees in the long-run. 

I am a little concerned that city leaders are thinking of this as a short-term stimulus program rather than a necessary long-term adjustment that will support a healthier economy.

About the Author

Ethan Jacob

Author & Editor

I am Ethan Jacob Executive Director of the Center for Business and Policy Research at the University of the Pacific, where I have a joint faculty appointment in the Eberhardt School of Business and the Public Policy Program in the McGeorge School of Law..

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