Energy, Utilities & Water  January 21, 2022

Severance slashes $2M from budget amidst North Weld Water tap moratorium

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SEVERANCE — A halt to new building permits spurred by the North Weld County Water District’s moratorium on new water taps prompted the town of Severance to slash almost $2 million from its 2022 budget.

The budget, adopted Nov. 23, cut spending for a variety of capital-improvement projects as the town seeks to adjust to lower — currently non-existent — building-permit and impact fees, as well as lower use taxes for building materials.

Severance in 2021 collected $1 million in building-permit fees, down from almost $1.8 million in 2020, according to town budget and financial documents. Use taxes on building materials generated…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Energy, Utilities & Water Industry News Region Severance Sunday Weekly Today's News Water North Weld County Water District
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