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Committee recommends 1.6% increase to Salinas development impact fees
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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