Quote:
Originally Posted by Velvet
Does the bill imply that the needed impact fees should be paid by other people than the homebuyers themselves? Pass on the existing home owners, for example? THAT would say something very clearly to me about what is going on....
I hope the “predictable marketplace” also applies to present home owners.
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Of course any impact fees would be passed on to the new homeowners.
Even though present homeowners benefit from expansion by a strong local economy and lower tax increases when new taxpayers are added. That's why taxes have not increased the past 10 years.
The bill allows up to a 50% (prorated) increase in fees