City issues 13 single-family home permits in March

The city of Maricopa issued 13 permits for the construction of single-family homes in March, the most in any month so far this year. 

 

The 13 permits is five more than the eight issued in February; however it is a decline of 23 from the 36 permits issued in March 2010.

 

The construction of homes brings money to the city in the form of permit fees and sales tax on newly built homes, and Maricopa bases its budget partially on the number of building permits it expects to issue.

 

The city initially budgeted for an average of 33 permits a month in the current fiscal year. That number was adjusted down to 10 permits a month in December and the council slashed nearly $1 million from the city’s budget to reflect the change.

 

For the fiscal year, which runs June to July, the city is averaging 8.4 permits.