A consultant has drafted a study required by a new state law that sets out how water and sewer development fees are calculated for new homes and businesses in Holly Springs.
The draft development fee study is online for public comment. The Town Council will hold a public hearing at its June 19 meeting.
The new law establishes statewide standards for how cities and counties determine their utility system fees for new development. Local governments charging such fees must conduct a new study at least every five years going forward.
Holly Springs’ consultant used a 20-year planning horizon in calculating allowable water and wastewater development fees.
The intent of such fees is to ensure that new development pays a proportional share of the cost of the water and sewer facilities that serve them. The new law establishes statewide standards for how water and sewer development fees are calculated and spent.