If the city adopts a development fee that is not the maximum supportable fee for a given category as specified in the methodology report, the city shall identify a funding source annually for the amount of fees in which a reduction is authorized. The city shall include in the annual report specified in § 154.04(B), the effect of any reduction, by category, and demonstrate how the reduction was offset with other revenues.
(Ord. 2006-006, passed 3-9-06; Am. Ord. 2009-012, passed 10-22-09; Am. Ord. 2012- 003, passed 5-10-12)