High School district looking at new developer fees
El Dorado Union High School District is looking at possibly raising developer fees but they might actually receive less money.
The maximum amount for developer fees that school districts can levy on new development is set by the State Allocation Board, based on the Class B cost of construction index.
Every two years an inflationary increase is allowed. The new rates authorized on Jan. 25 are $3.20 per square foot for residential construction and 51 cents per square foot for commercial/industrial construction, up from the 2008 rates of $2.97 for residential and 47 cents for ...