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Development Charges 101: The Basics
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.
This workshop focuses on various elements of the development charge including:
DC History
Including updates on Bill 23
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 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, 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 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.
Discounted member price:
319.00
Your price:
469.00
You could save:
32.0%
Quantity:
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