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Friday, February 03, 2006

Queen Creek To Raise Fees On New Homes Built

Queen Creek plans to raise fees it charges on new homes built in the town by more than 36 percent, from $9,881 to $13,503. The Town Council on Feb. 15 will hold a second pubic hearing on proposed system development fees and vote on the increase. If approved, the fee hike would take effect May 16. The revenue from the fees would help the town pay for infrastructure necessitated by growth. The fees are charged to homebuilders, who generally increase home prices to cover the costs. System development fees, also called impact fees, are charged by municipalities for each new home built within their boundaries. The fees are calculated based on the impact new residents will have on municipal services. Queen Creek: Current: $9,881, Proposed: $13,503 Gilbert: Current: $13,385, Proposed: $14,748 Chandler: Current: $13,582, increased from $9,771 on Wednesday Mesa: Current: $5,028, will increase to $5,233 on Feb. 19 Apache Junction: Current: $2,527, will increase to $3,409 on Feb. 13

 

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