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Council materials forecast large SDC receipts tied to many proposed annexations
Summary
Staff told the budget committee the SDC (system development charge) forecasts assume numerous pending annexations and pre‑applications that could produce hundreds of housing units and several million dollars in SDC revenue over the next biennium, but staff cautioned that the timing of building permits and SDC collection is uncertain.
City staff told Stayton's budget committee that recent pre-applications and annexation activity could generate substantial system development charge receipts if building permits are pulled, but they warned that collections occur at permit issuance and are therefore timing-sensitive.
Forecast detail: Jennifer, planning staff, told the committee she used current pre-applications to estimate approximately 840 potential housing units across the city's applications pipeline, about…
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