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Committee recommends 1.6% increase to Salinas development impact fees

2937524 · April 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Finance Committee unanimously recommended that the council adopt a 1.6% adjustment to development impact fees, tied to the Construction Cost Index, with a July 1 effective date if approved by council.

The Salinas Finance Committee on April 8 voted 3-0 to recommend that the City Council approve a 1.6% annual adjustment to development impact fees, effective July 1, 2025, consistent with the Engineering News-Record construction cost index.

Adriana, a Community Development staff member, told the committee the request "is an adjustment of 1.6%, which is consistent with the engineering news records, published January rate, and that's comparing January…

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