Development Charges Update

Community News |  

Dear Friends and Neighbours,

 

Revisions to the city’s development charge by-law came before City Council yesterday.

 

Many thanks to all those who reached out to me about the revisions – as you know, I am a long standing supporter of increased development charges to ensure that, as far as possible, growth pays for growth.

 

The revisions approved yesterday will increase rates by approximately 71% for typical residential developments.

 

Unfortunately, the increase approved yesterday was about 8% lower than the increase city staff had proposed earlier in the summer.

 

During the debate at City Council, I worked alongside another councillor in an attempt to swing Council back to the original, higher proposal. While we were unsuccessful, we did fend off an attempt to defer the item. I also voted against a number of attempts by councillors to add ward-specific exemptions.

 

City Council also voted to phase in the increases over the next two years. I voted for a motion that would have seen the revisions phased in immediately – we’ve waited too long as it is – but a majority of councillors felt differently.

 

While the development charge by-law revisions approved yesterday aren’t ideal, they represent an increase over the city’s current rates and are expected to bring in an additional $170-$250 million annually.

 

As always, please don’t hesitate with any other questions or concerns.

 

Warm regards,

Jaye

 

Jaye Robinson

City Councillor

Ward 25 – Don Valley West