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A Public Improvement Fee (PIF) is a fee that developers may require their tenants to collect on sales transactions to pay for on-site improvements. The PIF is a fee and NOT a tax; therefore, it becomes a part of the overall cost of the sale/service and is subject to sales tax
Examples of these improvements include curbs and sidewalks, parking facilities, storm management system, sanitary sewer systems, road development (within the site) and outdoor public plazas.
Currently, there are seven locations in Lakewood that have a Public Improvement Fee: Belmar, Colorado Mills, Denver West, Promenade at Denver West, Cafarelli Center, Creekside Shopping Center, and Lamar Station.
Each PIF area has different rates and regulations regarding what items are subject to the PIF. Click on the links in the table below for detailed information and examples.