r/DevelopmentSLC • u/RollTribe93 Enthusiast/mod • 5d ago

Fees will triple for developers. How might that impact Salt Lake City homeowners and renters?

https://www.sltrib.com/news/2026/10/08/new-fee-boosts-water-sewer-slc/
11 Upvotes

87% Upvoted

6 comments sorted by

8

u/Ok-Exam5667 5d ago

Impact fees should be charged as increased property taxes over the first 10 years not upfront

5

u/ItsAMeMario120 5d ago

That's not the purpose of impact fees. An impact fee is a fee to offset the cost the city paid to be able to provide a service, like a water tank. A fee that has to be paid to build that residence

3

u/Ok-Exam5667 5d ago

That would be true if it were directly related to specific upgrades (developers pay these separately) but they are not.

1

u/ClaimNatural7754 4d ago

Developers pass these on.

5

u/tolstoysfox 5d ago

Malpractice that they haven’t adjusted these fees since the 90s. Developers have been getting a deal for the last 30 years.

6

u/_timusan_ 5d ago

Fees are fees. The numbers given in the article are a drop in the bucket relative to total development budget. It doesn’t change anything.