Town council tables off-site levies bylaw, again
Rocky Mtn. House town council is tabling the new off-site levy bylaw again and will bring it back in a couple months.
The decision was made at council’s regular meeting on Tuesday.
The current offsite levy in Rocky is $34,000 per hectare. The new model, if and when adopted, would put the levy between $64,000 and $109,000 per hectare, depending on the land, with an average of $79,000 per hectare.
Off-site levies assist long-term financial sustainability for funding future growth that requires increased capacity of infrastructure because of that growth. The principle behind the levy is that the property or development that requires the new or increased infrastructure pays that cost. This ensures that current ratepayers are not paying taxes for this increased capacity that provides no or little benefit to them.