Denton to Hold Public Hearings on Roadway Impact Fee Update
The City of Denton is currently in the process of updating their roadway impact fees. The municipality’s updated impact fee study was released in December and Denton City Council has instructed city staff to set public hearings for both the roadway impact fee study and impact fee ordinance to be held on March 7.
The fee was originally adopted in 2016 with a rate per rooftop that equated to 20% of the maximum assessable fee allowed, as calculated in the impact fee study for 2016. The updated calculation, per the 2022 study, increases the maximum allowable fee from $9,808 for the city-wide average per single family home to $20,538. Leading up to the March 7 public hearing, council members will evaluate whether to set the rate actually collected per home at 30%, 40%, 50%, or some other percentage of that updated maximum fee. Final input from stakeholders, including the general public, will be provided via official comments during the public hearing, with council members likely receiving input leading up to the meeting.
Dallas BA has already offered our concerns regarding roadway cost estimates and the impact on housing attainability, and will continue to provide feedback as needed.