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22DC2LS Development Charges 201: Advanced
Development Charges 101 & 201 workshops are designed to provide the attendee with a full perspective of he Development Charges Act (DCA).
The 101 workshop
is targeted towards attendees with limited knowledge of the DCA or those who only participate in segments of the DCA process and would like a broader understanding of how all departments play a role in the development of the charge.
The 201 workshop
will focus on a more advanced level of the Act and how to manage the financing of the capital requirements for growth.
Workshop # 2 Description: Development Charges 201 - Advanced
This workshop focuses on various elements of the development charge including:
Assessing the Financial Impact of Growth (will include two case studies)
Department Responsibilities, Linkage to Projects and Funding, Annual Capital Budget Update
Cash flow needs and how different types of DCA agreements may assist
Resolving Appeals and Complaints
Implications of “Places to Grow” and Intensification on Your DC Regime
Reforming the DCA
Survey of DC Rates in Ontario
Legal Review of Agreements: Accelerated Payment, Delayed Payment, Service in lieu, Front Ending, Pros and Cons from an Administrative perspective
The workshop will commence with case studies of two municipalities to identify the implications of growth and how these municipalities undertook negotiations to manage the overall impact on taxes, user rates and debt capacity. The session will then look at the legal side of various types of financing agreements provided by the DCA along with negotiating appeals and complaints. The session will also consider the impacts of “Places to Grow” and Intensification municipal capital needs and what role the DCA plays in financing these costs. The session will conclude with a discussion on reforms to the DCA and what impact that would have on the present DC bylaws. Attendees will also work on some hands-on examples to develop a familiarity with the concepts and policies discussed during the session.
You Will Learn How To:
Understand the implications of growth on taxes, user rates and debt capacity and receive approaches for controlling/minimizing the overall impact
Manage project emplacement in conjunction with growth and evaluate the DC revenue recovery under different financing options
Consider the various legal agreements provided by the DCA and how to negotiate them
Receive the most up to date information on changes to the Act, Survey of DC rates across Ontario
Who Should Attend?
The workshop is designed for senior staff (finance, legal, planning, engineering) who are involved with planning growth, the timing of capital construction and financing and the financial impacts of growth on taxes and users rates. This presentation will be of interest to municipalities of all sizes looking to understand the financial impacts of growth on the municipality and capital financing tools available to assist in managing those impacts.
KEY TAKEAWAY:
You will receive case studies of high growth municipalities discussing the financial challenges they faced in servicing growth. You will also receive an understanding of the financial agreements available under the DCA, which work the best in different situations, how to negotiate them along with discussions on broader matters on the DCA including possible reforms to the Act.
About Your Speakers:
Gary Scandlan, Managing Partner, Watson & Associates Economists Ltd. has over 30 years of experience with Development Charges and the former Lot Levies. Gary has prepared in excess 200 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.
Municipal solicitors from a legal firm will present on the various legal components of the workshop.
When
10/20/2022 8:30 AM - 4:00 PM
Where
Online
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