- DC History
- Requirements of the Act
- Understanding the Growth Forecast
- Approach to the calculation of the charge
- Limitations on Services
- Service Standards
- Reserve Funds
- Capital Forecast
- Local Service Policy
- Development Charge Policies
- By-law Implementation
The workshop will be examine a sample development charge study, analysing the background assumptions and inputs into the developing the various components of the study and considering how various policies impact the quantum of the charge and the revenue to be generated. Attendees will also work on some hand-on examples to develop a familiarity with the concepts and policies.
You Will Learn How To:
- Monitor growth and the DC revenue recovery and how this relates to the annual capital program
- Understand how the DC calculation works so that funding estimates can be refined as the capital program changes or as master plan studies are received from user departments.
- Provide a basis for collecting information in between DC studies for presenting to Council or for use in subsequent DC studies.
Who Should Attend?
The workshop is designed for senior or junior staff (finance and other) who have limited experience with the Development Charges Act or with DC by-law. This presentation will be of interest primarily to municipalities of all sizes looking to expand the users’ knowledge on this important capital financing tool.
KEY TAKEAWAY:
You will receive a sample DC study along with a description of the approaches to calculations, where to access background data, tips on recalculating the amount recoverable from DC’s and helpful suggestions for monitoring and maintaining the DC bylaw and charge.
About Your Speaker:
Gary Scandlan, Director, Watson & Associates Economists Ltd. has over 30 years of experience with Development Charges and the former Lot Levies. Gary has prepared in excess 300 DC studies, has negotiated numerous agreements with developing landowners on behalf of municipalities and has been before the OMB on DC matters on many occasions.
CPD Credits: This course is eligible for continuing professional development credits.
