CA: Supervisors Consider Raising Development Fees for Transit

A proposal to hike fees on developments to help fund a nearly $22 billion backlog of transportation projects is winding its way through the Board of Supervisors this week, but is likely to meet opposition from business groups and developers.

The effort to raise what’s known as the transportation sustainability fee was unanimously recommended by a vote of the Planning Commission last Thursday, and is set to reach the Board of Supervisors’ Land Use and Transportation Committee Monday.

The transportation sustainability fee, established by the Board of Supervisors in 2015, requires most developers to pay for the increased transit use spurred by their projects. 

Proponents of the fee increase, which would generate around $12 million annually, say it’s necessary to begin addressing a $22 billion price tag on core transportation needs. 

Read the complete article at http://www.sfexaminer.com/supervisors-consider-raising-development-fees-transit/