Fort Mill Homebuyers Face 63% Increase in Impact Fees for New Homes

Fort Mill Impact Fees on New Homes Could Rise Significantly

FORT MILL, S.C. — Homebuyers in Fort Mill need to act fast as new data suggests that impact fees on new homes may rise by approximately 63%. This potential change is part of a proposal by York County leaders aimed at ensuring funding for new schools.

What’s Happening?

According to a draft report, the maximum impact fee for a new house could reach $29,640, marking an increase of over 64% from the current fee. These fees, typically imposed on new construction projects, are designed to help cover the costs associated with building new schools.

Where Is This Taking Place?

The plans are focused on Fort Mill, a rapidly growing area within York County. Currently, workers are busy constructing a new elementary school in Fort Mill, a project financed largely by these same impact fees. A spokesperson for Fort Mill Schools noted that the school construction saved taxpayers nearly $70 million by avoiding the need for a bond.

When Will This Happen?

The York County Planning Commission is set to discuss the proposal in the near future. Officials from Fort Mill Schools have indicated their desire to extend the current impact fees on new homes for an additional five years. The specific date for a vote on this proposal has yet to be confirmed.

Why Is This Important?

Impact fees play a crucial role in supporting local educational infrastructure in growing communities. Fort Mill has experienced significant growth, resulting in more families moving into the area. The proposed increase in fees is part of a strategy to ensure new schools can accommodate the increasing number of students.

Community Reactions

Community members are divided on this issue. Some residents, like Katie Allison, believe the proposed fee is accurately reflective of the needs associated with growth in the area. Others, including new resident Austin Campbell, oppose the fee hike, arguing that newcomers should not bear the brunt of costs that benefit the entire community.

Campbell suggested, “I don’t think the fee should be put on newcomers; they’re going to reap the benefit of those new people coming in and the value of their homes increasing.” His perspective highlights an ongoing debate about how the costs associated with community growth should be managed.

Conclusion

The conversation around impact fees in Fort Mill underscores the challenges that come with rapid development. As families continue to flock to the area, the local government must balance the need for new educational facilities with the financial implications for residents. As the York County Planning Commission prepares to review the proposal, many in the community will be watching closely. The outcome may significantly affect future homebuyers in this vibrant and growing town.