The Bozeman City Commission on Monday will consider cutting street impact fees by one-third.
David Graham, president of the Southwest Montana Building Industry Association, says decreasing the fees charged to developers for new roads could stimulate the sluggish Bozeman home-building market.
Bozeman planning and finance department heads claim the city would need to raise taxes by 5.5 percent a year to replace the $750,000 a year that’s currently generated by street impact fees.
“All property taxpayers would be funding the infrastructure expansion related to our growing community,” states a memo to commissioners from Planning Director Tim McHarg, Assistant Planning Director Chris Saunders and Finance Director Anna Rosenberry.
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