If you notice the new commissioners did not tie the increase in road impact fees with a roll back of the 25% property tax increase from last year. I believe they know they can’t replace the funds from the tax increase by raising road impact fees. Another item these commissioners are looking at is raising your annual villages fire assessment. They just agreed to basically double the cap, guess what comes next.
We will see how this all plays out. My prediction is they will raise the road impact fee to whatever, give a small reduction in the property tax rate, increase the fire assessment, and will fall short on road impact fee revenues in the long term due to slower commercial growth (possibly even losing the proposed UF research hospital and campus). It really depends on how much they raise the fee and if they can limit it to the developer by getting them to agree to an increase in their line item of a very complex road impact fee schedule.
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