Developer Fees Hiked to Aid School Projects
The Oxnard Union High School District school board unanimously approved a 7% hike in the fees developers pay the district when they build new homes or expand existing ones.
The fee hike means developers, who had been paying $1.72 per square foot, will now pay $1.84.
“Every little bit helps,” Supt. Bill Studt said. “We don’t know what the total amount will be.”
The money from developer fees can be used only to expand or improve school facilities, said Richard Canady, assistant superintendent for business services.
During the 1994-95 school year, the district collected about $800,000 in developer fees, Canady said.
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