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in Australia
On Thursday, September 19, 2024, the St. Cloud City Council
voted to increase City mobility impact fees. This vote followed
shortly after Osceola County approved significant
increases to their mobility fees on September 9, 2024.
After much debate, the City Council ultimately chose to lower
the total fee increase by 15% from the original proposal, but the
change will still significantly increase development costs for
projects in St. Cloud. For example, the new mobility impact fee for
single-family homes will rise from $6,442 to $14,501. Additionally,
the mobility impact fee for condos and apartments will increase
from $4,166 to $9,378.
The new rates go into effect on June 18, 2025. Building
permit applications must be properly filed by June 17, 2025, to be
vested with the current mobility impact fee rates.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
