It was a tough 2018 in the natural gas industry, so it follows that it’ll be a tough 2020 for impact fee collections.
The Independent Fiscal Office released its estimate of collections on Thursday, which it said will be $198.2 million, down $53.6 million from the record $251.8 million in 2018 based on production from 2017. That will be its lowest total amount since 2016’s $173.2 million at the tail-end of the last slump in the Appalachian natural gas industry.
The decline is due to lower fees paid…
