Volusia County assesses impact fees on new development to help pay for roads, fire rescue service and parks. Now those fees are about to undergo an extensive review.
The County Council Oct. 5 unanimously approved a contract with Tampa-based Tindale-Oliver & Associates Inc. to review the formulas and calculations of the impact fees for thoroughfare roads, fire rescue service and parks.
The study is expected to take from three to six months to finish. Once completed, the review will provide the county with the data needed to update its fees, probably sometime in 2022.
Tindale-Oliver is being paid a maximum of $134,360 to conduct the study.
The county’s impact fees are reviewed periodically to ensure that the charges are up to date and sufficient to address the capital improvements needed for new development.
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— Compiled by Business Editor Joe Crews