Development Charges 101: The Basics

Development Charges 101: The Basics
Development Charges 101 & 201 workshops are designed to provide the attendee with a full perspective of the Development Charges Act (DCA).

Over the past few months,  the province has introduced further changes with respect to Development Charges. Bill 134 (given Royal Assent in December 2023) changed the Bill 23 definition of Affordable Rent and Affordable Owned units while Bill 185  (presently given second reading) will roll back some of the changes introduced by Bill 23.  This workshop will provide the details of these changes and discuss how they impacts bylaws which were recently passed as well as by-laws which have been in place for several years, along with amendments which can be made.

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 # 1 Description: Development Charges 101: The Basics
This workshop focuses on various elements of the development charge including:
  • 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 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 detailed samples of DC study components 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 Speakers:
Daryl Abbs, Managing Partner at Watson & Associates Economists Ltd. and Gary Scandlan, Independent Advisor (recently retired from his position as Managing Partner at Watson & Associates Economists Ltd.) have assisted municipalities across Canada with Development Charges. Gary Scandlan has over 45 years of experience with Development Charges and the former Lot Levies undertaking approximately 400 DC studies. Daryl Abbs has over 10 years experience undertaking upwards of 100 studies.
When
5/21/2024 8:30 AM - 4:00 PM
Where
Online

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