Dan Lewis signed an op-ed that appeared in the Journal July 19th - decades ago in web time. Here's a little of that fiction.
Now is the time for Albuquerque not only to extend the current moratorium on impact fees, but to work for a systemic change to these regulations and make sure people are not penalized simply for providing desperately needed residences, products, businesses and services to our city.
Notice how the city is not just assessing a building fee. They're penalizing those who bring
us desperately needed stuff. Wow. Is that why that new Dyson vacuum cleaner costs so much?
For the last five years this regulatory burden has resulted in shuttered businesses because the order of the day was to charge people more and raise the price of going into business thereby virtually guaranteeing many would fail or never start at all.
It's the economy, stupid. Not impact fees.
Impact fee proponents assert that residential development does not pay for itself. They justify a "special" fee on construction to offset the claimed "burden" on other taxpayers who they say are "subsidizing" new development.
I'm not "sure" but I "think" he could "use" more "quotation marks" in that paragraph.
Not only does new residential and commercial development pay for itself, it is one of the economic engines of any area. Commercial development always follows residential development and produces great benefits and revenues to the entire city. There is no doubt residential and commercial construction generates more money in city revenues than what it costs to the city.
Right. Construction generates revenue because of Gross Receipts TAXES. How's that working out, BTW?
Impact fees are unfair and regressive as they reduce the affordability of housing, especially for low-income families. For these families, impact fees are nothing more than an extra tax, tacking on several thousand dollars on anyone buying a new home, and on anyone starting or trying to expand their business.
Let's forget the economics of the housing market for a moment. May I mention the generous impact fee waivers for affordable housing?
Infrastructure improvements benefit everyone in the community and, therefore, should be paid for by the public at large and not just one minority within a community. Many West Siders are longtime taxpayers, and the West Side has paid millions of dollars in taxes for public improvements that have benefited every area of our city — not just the West Side.
Mixing apples and oranges makes for a healthy snack!
But here's my favorite part:
The impact fee system also has caused city residents to resent those in other sections of the city and to point fingers of blame at one another. Those in established neighborhoods are led to believe that fees must be higher in areas of new development so they are not "footing the bill" for infrastructure that does not benefit them. But good policymakers should have the patience and intelligence to examine the long-term effects of the policy on everyone and not just one specific section of the city or group of people.
They're not pointing fingers at each other. They're pointing fingers at the rapacious greedy developers and land flippers who have overbuilt and overextended public services and the water supply in spite of vacancy rates and fundamental economic instability.
In another choice bit of boosterism the NM Biz Weekly says, Oh No! We're running out of land! The profiteers haven't paid for the roads and water lines to tens of thousands of acres. They want more public bonds and capital projects approved for that, no doubt. They're waiting for you and me to pony-up.