LakeWalesNews.net - Hometown stories that count from people who care

By Brian Ackley
City of Lake Wales 

City Explores Small Increase in Development Impact Fees, First in 10 Years

Fee for Single Family Home Would Rise $98

 

Last updated 9/16/2020 at 1:46pm

For the first time in almost a decade, Lake Wales is proposing a small increase in its development impact fees.

City commissioners have approved a first reading of a new fee structure, which not only includes an overall impact fee increase of just over $95 per new residential household, but also significantly reallocates in which category those fees will be collected.

That's important because those funds can only be spent on projects for which they are specifically designated, including practical areas like police, fire and utility and quality-of-life issues like libraries and parks and rec...



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