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Planning commission: report shows sharp shortfall in impact-fee revenue after fee deferral and temporary reductions
Summary
Staff told the San Francisco Planning Commission that city area‑plan impact‑fee revenue is projected to be far lower in FY25–29 than previously expected because of a fee‑deferral policy and a temporary ~33% fee cut, delaying many projects while staff seek to prioritize previously committed work.
San Francisco Planning Commission — The city’s Interdepartmental Plan Implementation Committee (IPIC) told the Planning Commission on April 25 that impact‑fee revenue tied to seven area plans has fallen well short of prior expectations after the Board of Supervisors and mayor enacted a fee‑deferral policy and a temporary fee reduction.
"The big story this past year is the passage of that fee reduction and deferral legislation," said Matt Snyder, who led the implementation team presentation. He said the fee deferral allows developers to pay most impact fees at the end of construction rather than at the start, and that the legislation also temporarily reduced many fees by about 33 percent. "That means we're not going to see that fee for at least three years from what we…
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