After years of discussion, Henry County board members approved a plan to begin collecting transportation impact fees in 2023. Impact fees are paid by developers to offset the cost of public improvements, but county officials have not previously collected transportation impact fees.
The new plan also represents the county’s first update to the impact fee structure since officials adopted the original fee structure in 2003. For the last twenty years, builders of a new home have paid $1,661.50 in impact fees. Beginning on February 2, 2023, builders will pay $3,544.46 in impact fees per new housing unit.
...
Subscribe today to view the rest of this article! MHF News is able to continue sharing local updates thanks to our subscribers.
Check out our most popular option, the quarterly subscription, for $25 per quarter. A monthly subscription and annual option are also available. Access all of our articles through your subscription!
If you are already a subscriber, thank you for your support. Log-in below.
