Comment 32363

By JonC (registered) | Posted July 09, 2009 at 16:30:22

"There you have it, new home buyers are the ones who must now pay the cost of expanding water treatment facilities, not because the average cost is going up by 37.7%, but because previous homeowners allowed spare capacity to run to zero."

If the new homes aren't built, there is sufficient capacity, so, to increase the number of homes being serviced (particularly at a distance) the new homes (not the existing homes) require the increase in facilities.

"If the city had actually planned for future population growth, they would have built up a capital fund over the years, not simply charged the last straw on the camel's back to have to pay to fix it."

You're right, they should have increased the development fee years ago and created a capital fund instead of caving into builder's demands. Of course, your argument is that they shouldn't increase the fee, so I'm confused as to whether you are in favour of the increase or not.

"Because assets depreciate (that means they wear out) over time, the development fees charged to older homes have long since been used up. That's why people have to pay to fix their cars, homes and even their bodies. Assuming that a one time payment 50-80 years ago will cover the costs associated with the upkeep of city infrastructure is ridiculous."

The initial development fees went into infrastructure capital costs which is maintained by property taxes.

"All taxpayers should have to pay a portion of their taxes into a capital improvement fund, which is then used in the expansion and upkeep of city infrastructure as needed. Not simply waiting until things wear out and then pushing the costs onto the newcomers."

I want to get this clear, YOU WANT TO RAISE YOUR TAXES TO SUPPORT THE INFRASTRUCTURE OF NEW DEVELOPMENTS. Just checking.

"Therefore, to the extent that infrastructure was under invested in for decades, it's only fair that ALL taxpayers pay to fix the problem."

Again, property taxes go into maintenance. New infrastructure for increased capacity should be covered by those asking for it.

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