- Town Hall
Development charges provide for the recovery of growth-related capital expenditures from new development. The current Development Charges By-law provides for the growth-related capital cost recovery for ten service components - roads and related, public works operations, fire protection, library, transit, administration, parking, parks development, recreation, other transportation and an area-specific charge for stormwater management monitoring (only applicable to development occurring in the Sherwood Survey Secondary Planning Area , Boyne Secondary Planning Area and Derry Green Corporate Business Park Area).
For current residential and non-residential development charge rates, please refer to the following:
The new Development Charges Act, along with regulation O.Reg. 82/98, provides authority that is more restrictive for municipalities to impose charges for development. The new Development Charges Act:
Council passed the Town of Milton's current Development Charges By-law #087-2011 on September 27, 2011. This by-law imposes residential development charges (calculated on the number and type of units and number of bedrooms where applicable) and non-residential development charges (calculated per square metre of total floor area of the building) on all lands within the boundaries of the Town of Milton. Development charges applicable to residential and non-residential development are calculated, payable and collected as of the date a building permit is issued. The Roads and Related and Stormwater Management Monitoring service components are payable, where applicable, prior to the execution of the subdivision agreement.