Impact Fees
The City collects fees on new development to recover growth-related capital costs. A summary of the fiscal year 2023 fees collected and disbursements related to land development is provided below.
Total collections were $118,054,093. The collections are allocated to be used as follows:
Disbursement |
Amount |
1. General Government |
$ 4,457,859 |
2. Transportation |
2,823,078
|
3. Police |
3,848,196
|
4. Fire |
3,497,030
|
5. Parks |
6,044,417
|
6. Water Transmission |
1,500,301
|
7. Water Tap |
73,940,196
|
8. Wastewater Interceptor |
679,029
|
9. Wastewater Tap |
11,854,023
|
10. Storm Drain |
3,930,308 |
11. Recreation |
4,413,964 |
12. Library |
1,065,692 |
The annual interest rate allocated to these funds was 2.30%.
Total disbursements were $109,890,439. Funds were used for:
Disbursement |
Amount
|
1. Water |
$ 62,544,957
|
2. Sewer |
43,471,304
|
3. Storm Drain |
3,263,453 |
4. Parks |
314,092 |
5. Transportation |
296,633 |
This information is provided in accordance with Colorado HB11-1113, Impact Fee Transparency.
Transparency and Open Government
The city of Aurora is providing its expenditure information online to increase accountability, understanding, and participation of its residents. Aurora is among the leaders in open government. The information on the transparency site is a result of that commitment to open government and will be updated on a quarterly basis.
The information provided on this site consists of vendor payments made from the city's financial system that are not confidential in nature. If you have questions about the transparency information shown, please email us your questions or phone us at: 303.739.7886. Most questions will be answered within two weeks, based upon the number of questions received.