Impact Fees May be Returning to Marion County

In pre-recession Marion County, if you were building a single family residence you would be paying a $10,361 impact fee. This fee goes to cover the additional “impact” each single family residence imposes on infrastructure, public education, and fire service. While not many refute the importance of any of these items, most agree $10,361 is a serious chunk of change. When the recession reached Marion County, that kind of money became especially burdensome to those considering building a single family residence. In light of this, the Marion County Commission voted to put a moratorium on impact fees to help attract growth. After five years of the moratorium, impact fees may be making a comeback.


Just recently the Commission voted to extend the moratorium, but only for as long as it would take the newly hired consulting firm to find out how much they should be charging in impact fees in today’s market. This puts the return of impact fees approximately one year away. The decision to reinstate the fees is not a simple one. It’s the classic tug of war; on one side they say current funding for roads, schools and fire stations is inadequate, and on the other side they say any future growth Marion County expects could be ruined by the reinstatement of impact fees.  The reinstatement of these fees is a question of if, not when. As the economy improves, you may be prudent to expect them sooner rather than later!

Click here to read the full story from The Ocala StarBanner, or click here for more Front Street news...

 

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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