IE Business Daily Business news for the Inland Empire.
For the first time in eight years, the Riverside County Board of Supervisors is considering changes to the fees it charges developers.
The proposed changes would help pay for parks, jail beds and other public necessities and would apply only to projects in unincorporated parts of the county, not cities, according to a report on The Press- Enterprise.
A public hearing was scheduled to be held 9:30 a.m. Tuesday at the County Administrative Center in Riverside.
The county’s fees were last revised in 2006, just before the Great Recession hit and stopped virtually all development.
Developer fees are meant to help current residents avoid having to pay for infrastructure improvements used by new residents. Fees vary depending on what is being built and the location of the project: house, apartments, town homes, industrial projects etc. are all charged differently, according to the report.
