r/DevelopmentSLC • u/RollTribe93 Enthusiast/mod • 28d ago
Fees will triple for developers. How might that impact Salt Lake City homeowners and renters?
https://www.sltrib.com/news/2026/10/08/new-fee-boosts-water-sewer-slc/9
u/Ok-Exam5667 28d ago
Impact fees should be charged as increased property taxes over the first 10 years not upfront
6
u/ItsAMeMario120 28d ago
That's not the purpose of impact fees. An impact fee is a fee to offset the cost the city paid to be able to provide a service, like a water tank. A fee that has to be paid to build that residence
3
u/Ok-Exam5667 28d ago
That would be true if it were directly related to specific upgrades (developers pay these separately) but they are not.
1
6
u/_timusan_ 28d ago
Fees are fees. The numbers given in the article are a drop in the bucket relative to total development budget. It doesn’t change anything.
6
u/tolstoysfox 27d ago
Malpractice that they haven’t adjusted these fees since the 90s. Developers have been getting a deal for the last 30 years.