Waxahachie Approves Impact Fee Increase of between 8% and 51%

On December 7, 2020, the City of Waxahachie City Council approved a change to the City’s development impact fee (“DIF”) structure.

Starting January 7, 2021, the DIFs per single-family detached home are increasing from $1,499 to $2,216 (48%) for water; and from $1,987 to $2,321 (17%) for wastewater.

Additionally, roadway DIFs are increasing from a range of between $1,695 and $3,650 to between $2,565 and $3,947 (8% to 51%) depending on the service area.

Schedule of Impact Fees Shown Here

Since 1988, the professionals at Launch Development Finance Advisors have been assisting our private sector clients evaluate the merits of jurisdictional impact fees. To date we have averaged a 23.4 percent reduction as it relates to the impact fee reports we have critiqued using our DIFscovery Process?. For more information contact Steven Saules at [email protected].

Launch Development Finance Advisors, LLC is a related company of Land Advisors Organization.

#realestatedevelopment #masterplannedcommunities #TIRZ #PID #publicimprovementdistrict #infrastructurefinancing #MUD #districtbonds #realestate #newhomeconstruction #bondfinance #landadvisorsorganization