Education impact fees for building homes, including setting mobile homes, are going up significantly in Lake County starting Jan. 11.
That's the bad news for builders, but the good news is there's still some time to slip in a few pre-paid permits by 5 p.m. Jan. 8, before the rate increase.
The Lake County Board of Commissioners voted September 29 to raise the school impact fees for residential development in 2016 to address the increase in school facilities and infrastructure demands created by new development. The fees are required whether the new dwelling unit is in the unincorporated county or a city since the county school board manages the education system for both.
During the recession, Lake County, like a lot of other governments, suspended educational impact fees with the hope it would stimulate construction. Lake County suspended them in 2011 and reinstated them January of 2014.
With the housing recession over, the commissioners agreed in September to hike educational impact fees for mobile homes by 131 percent to $5,856 compared to the current educational impact fee of $2,537.
The educational impact fee for a multi-family dwelling jumps to $8,045 from $4,636, a 74 percent increase.
Single-family homebuilders will see a 21 percent impact, from $7,719 to $9,324.
Pre-payments of educational impact fees are good for 12 months, but they are non-refundable.
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@lakecountyfl.gov.
Teresa Burney can be reached at 352-455-1955 or at firstname.lastname@example.org