Making News

Hillsborough Commission majority poised to raise impact fees
May 16, 2020

A bi-partisan majority (of the Hillsborough County Board of Commissioners is) poised to increase fees charged on new development to pay for transportation and recreation. If all are approved, fees for a new single-family home will more than double to $28,000.  The commercial real estate industry isn’t embracing the idea, particularly since the current fee schedule, adopted in 2016, hasn’t been implemented fully. It now is being collected at 80 percent of the maximum rate and is scheduled to bump to 90 percent in 2021.  Continue reading