Adjusted building impact fee for education goes into effect April 6

TAVARES – March 10, 2015 – (RealEstateRama) — Beginning April 6, the new adjusted educational impact fees will be $2,537 for a mobile home, $4,636 for a multi-family dwelling, and $7,719 for a single-family home. Educational impact fees are imposed by local governments and paid by developers to address the increase in school facility infrastructure demands created by new development.

The collection of impact fees is typically done during the issuance of the building permit, although individuals may pre-pay prior to submitting a building permit application.

An individual may pre-pay at the current rate of $845.50 for a mobile home, $1,545.25 for a multi-family dwelling, and $2,573.10 for a single-family home. Pre-payments will be accepted through 5 p.m. on Friday, April 3. If an individual does not pre-pay by 5 p.m. on April 3, they will be required to pay the adjusted educational impact fee during the issuance of the building permit.

Pre-payments are valid for 12 months.

For more information, visit the Economic Growth Department’s Planning and Community Design Division at 315 W. Main St., Suite 511, Tavares, or contact Mary Harris, Program Associate, Development Processing at 352-343-9855 or MHarris (at) lakecountyfl (dot) gov.

###

More Information:
Economic Growth Department’s Planning and Community Design Division
352-343-9855
MHarris (at) lakecountyfl (dot) gov

Lake County media contact:
Elisha Pappacoda
Public Information Officer
Office: 352-343-9609; Cell: 352-460-2851
epappacoda (at) lakecountyfl (dot) gov