Talk of The Villages Florida - View Single Post - State bill to limit impact fees introduced
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Old 03-19-2021, 11:28 AM
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Originally Posted by gweisheipl View Post
No discussion on how impact fees negatively effect growth - Not one single word! Not one word about the cost of commercial impact fees. Not one word about how much UF Health would pay to build a new hospital. Focus: California; Can Impact Fees Stunt a Town'''s Growth? - The New York Times
It is important to note that there would be no increase in taxes. The increase in impact fees would be offset by a reduction in property taxes-- a break for existing businesses. Future commercial construction would depreciate the higher impact fees over the life of the building, and as noted, they would be offset by lower property taxes. Future business will not be deterred.

The Daily Sun articles are propaganda, written by the Developer's Minister of Propaganda, David R. Corder.