Quote:
Originally Posted by Changing City
They're proposing increased fees. The alternative is raising property taxes. If we're going to build more housing, then we need bigger sewers, more water treatment plants, etc. Either the existing population pay for them, or the developers adding the extra housing pay. Not building the necessary infrastructure isn't really an option. (Unless the federal government are offering more money for infrastructure).
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What they are proposing is
reallocating fees from existing residents to new construction.
"On April 28, the Metro board will decide whether developers, including those building new homes, will cover almost 100 per cent of the ballooning cost of water and sewage, the most expensive infrastructure, as part of Metro's 2024-2028 Financial Plan.
Currently there is an 82.5 per cent development fee on sewage infrastructure costs and Metro's new water infrastructure fee will be 50 per cent of related costs.
The change means ”that 99 per cent of the cost of system expansion is covered by development cost charges rather than water sales to water district members or liquid waste services levies to sewerage and drainage district members,” explained Jennifer Saltman, a communication specialist with Metro Vancouver."
Just more of the usual, 'I've got mine, pull up the ladder' policies that are destroying the country, the Feds are right to call them out on this. As if, if there was no new development, costs for sewer improvements and other infrastructure programs would disappear.