Quote:
Originally Posted by dewilson58
[B]
So if the Impact Fee would increase to $3,000.............county taxes could be reduced 3% to 4% out of the 25% increase (to be revenue neutral).
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Are you aware that funds collected from impact fees cannot be used for operation, maintenance, or repair of capital facilities? Also, impact fees cannot be used as general taxes to fund services or infrastructure beyond the requirements of the specific housing or commercial land development. The county's use of impact fees are very restricted, so I'm not sure that property taxes could be reduced 3 - 4 percent.