The new Regional Development Charges will be phased in over a five-year period in order to ease those affected by the charged into the new fee schedule.
|
Residential Charge per Dwelling Unit |
Non-residential (excluding industrial) |
Non-residential industrial |
||
|---|---|---|---|---|---|
Category of service |
Single Detached |
Other Multiple |
Apartment |
Per square foot of gross floor area |
Per square foot of gross floor area |
| Total (Sep. 1, 2010 - Aug. 31, 2011) |
$8,500 |
$6,000 |
$5,000 |
$8.00 |
$2.20 |
Total (Sep. 1, 2011 - Aug. 31, 2012) |
$9,000 |
$6,300 |
$5,300 |
$8.50 |
$2.20 |
Total (Sep. 1, 2012 - Aug. 31, 2013) |
$9,500 |
$6,700 |
$5,600 |
$9.00 |
$2.20 |
Total (Sep. 1, 2013 - Aug. 31, 2014) |
$9,746 |
$6,778 |
$5,648 |
$9.23 |
$2.20 |
Indexed annually in accordance with sections 20-23 of the Development Charges By-law.
The Niagara Region has enjoyed some of the lowest development charges in Ontario, with other southern Ontario regions charging more than double. The changes to the Development Charges by-law are being made to keep the region competitive in the province, while ensuring Niagara Region taxpayers are receiving first rate service from their government.
On July 30, 2009, Niagara Region Council passed a new by-law that will help ease the burden on taxpayers by raising the costs of development charges on new homes and commercial developments being built in the region. Currently, taxpayers are paying for many of the costs associated with new developments in Niagara. The new by-law takes affect Sep. 1, 2009.
The higher rates will ensure important infrastructure projects can be completed over the next 10 years. Even with the increases, development charges in Niagara will still remain amongst the lowest in Ontario.