Development Charges

Development charges, often referred to as development fees, are fees that municipalities impose on property developers to help cover the costs of infrastructure and services needed for new developments. These include roads, schools, parks, and utilities that accommodate the growing population. By collecting these charges, local governments aim to ensure that existing taxpayers aren't burdened with the costs of expansion, encouraging balanced community growth while maintaining public services. Essentially, development charges are a way to fund the necessary infrastructure that supports new homes, commercial properties, and other facilities.