FY 23 APPROVED CAPITAL BUDGET

Impact Fee, to Chapter 123, Finance and Taxation, of theHarford County Code. This legislation assures that new development contributes its fair share towards the costs of public schools reasonably necessitated by such new development, and to ensure that new development is reasonably benefited by the construction of new public schools built in whole or part with theproceeds of development impact fees. Effective December 4, 2009 and enacted by Bill Number 09-37, the impact fee is assessed per dwelling unit at thefollowing rate (exemptions for elderly and Continuing Care Retirement Communities do apply): Type of Residential Development Single Family Detached $6,000 Townhouse / Duplex $4,200 All Other Residential (including Mobile Homes) $1,200 j. Developer Contributions – Developer contributions are applied to projects that provide facilities in approved subdivisions, and represent the developer’s portion of the cost of the project. k. Other – There are various other funding sources which may become available. When amounts are material,identifiable, and predictable, they are cited as sources of funding in the capital budget.

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