Sunday, August 10, 2014

What's Up With Texas Impact Fees?

From the New York Times today by Eli Okun - Growing Cities Opting to Rely On Impact Fees:

"That debate drew significant attention recently in San Antonio when the City Council raised several rates, including the water supply impact fees for each new home by about 116 percent - to $2,796 from $1,297 - by next June."

"Opponents said the increase would give San Antonio some of the state's highest impact fees, hurting growth. By next year, the average total impact fees, including water and sewer, in San Antonio will rise to $7,044 from $5,279 per house."

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