Honestly, i don't know major technical details, except my previous employer hated them. Basically, a Village says okay your building a house and that will likely cost us the village $10,000 in improvements or more police whatever so were going to require a fee of $5,000 up front b/c it takes 3 years to recover that cost and there a demands now. I have only seen that in new construction we did so i don't know about redevelopment situations but its an idea.
Riverside Info » About Riverside
An idea for Village revenue
(15 posts)-
Posted Saturday Jan 13, 2007 16:12 #
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Thanks - worth looking into I suppose. Almost sounds like an SSA.
Posted Saturday Jan 13, 2007 16:17 # -
You have to be able to justify impact fees. You can't just make up numbers. Any new development in the B2 has to have an impact analysis done. These were done for both the VC and Arcade. We analyze fire, police, traffic, schools, sanitation etc.
Transfer tax - I believe you can only impose it if you're home rule. Riverside isn't. If I'm wrong about needing to be home rule, I'll correct this on Monday. But, I'm pretty sure I'm right or otherwise we'd be imposing one.
We look at all sorts of ways to enhance revenue. We apply for a lot of grants. However, some come with a cost as JGage has pointed out in other posts. For example, we looked at a cigartette tax - would cost us more to collect it than we'd get. We're looking at a car impound fee for anyone arrested for some serious offenses - there's a question of the legality.
Posted Saturday Jan 13, 2007 19:39 # -
In CA towns charge a lot for "Change of Use" permits like adding food to a bar, or withdrawing it. Some places have charged fees for the "wear and tear" on the streets when building materials have been brought in. They do this because Prop. 13 strapped them for cash by capping the tax rate - much as this TIF will do - Excuse my typos - fingers acting up.
Posted Saturday Jan 13, 2007 20:11 # -
"Impact fees" are typically restricted to school and park impact fees, not municipal impact fees. DuPage County has a transportation impact fee (it was legally questionable and I am not sure if they still do it). However, to the best of my knowledge impact fees can only be used in relation to the creation of new building lots, i.e. a subdivision. In other words, when a developer divides a parcel (that has historicly paid property tax as a single parcel) and creates several lots that have not paid property taxes, there is an "impact" from the new lots. The "impact" is the creation of new lots. It is assumed by the law, that the redevelopment of an existing parcel is not creating an "impact" as that property has been on the tax rolls through the years. I defer to any municipal attorney's who may offer an opinion, but I am pretty confident impact fees are not an option for Riverside.
Posted Saturday Jan 13, 2007 23:15 #
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