A development levy of $98,372/ha is applied for new development on the land shown on Schedule A of the Development Levy Bylaw.This fee covers the costs of key pieces of infrastructure including underground sewer and water services, drainage (storm sewers), parks and recreation, streets and boulevards, planning and engineering studies.
The amount of the levy was determined through a Development Levy Study that reviewed the cost of development and future growth projections for Prince Albert.
| What is a development levy? |
| A development levy is a fee charged by cities to cover the off site costs of new development such as underground sewer and water services, parks and recreation, streets and boulevards, planning and engineering studies. |
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Why does the City impose this levy? |
| By charging a levy, the City can avoid using the general tax base to fund the costs associated with new development. |
| How was the development levy calculated? |
| The fee was calculated following a consultant's report. The report recommended an amount based on a medium growth forecast for the city. |
| What is covered by the development levy? |
| Costs associated with development that are generally considered outside the subdivision or development such as arterial roads, intersections, and oversized watermains, sanitary sewer mains and storm water mains. |
| What isn't covered? |
| A land developer would be required to cover the costs associated with development that are generally considered internal to the development or subdivision. This includes local and collector roads, water mains, storm sewers and sanitary sewers to or within a subdivision/development, detention ponds (wet ponds), local drainage, neighbourhood parks, subdivision entrance and landscaping. |
