Development Charges
Development Charges are collected to assist in financing capital costs associated with infrastructure and municipal services to support growth. This infrastructure can be used by all residents who live within the Town of New Tecumseth and may include:
- Development Related Studies
- Library Services
- Fire and Rescue
- Joint Police Services
- Parks and Recreation Services
- Public Works
- Roads and Related
- Water and Wastewater Services
A Development Charge Background Study conducted by Hemson Consulting Ltd. was adopted in 2021 and included growth forecasts and eligible local municipal servicing requirements. Using this information By-law 2021-166 came into effect January 1, 2022. Below are the rates effective January 1, 2025:
Other Relevant Information
- The Development Charge Pamphlet provides a summary of development charges.
-
Residential rates are calculated based on type of dwelling – single family dwelling, apartment, or townhouse.
-
Commercial and industrial rates are based on m2 of area being developed.
-
Development charge rates are adjusted semi-annually in January and July in accordance with the most recent Statistics Canada Quarterly Building Construction Price Index.
-
Development charges are collected on behalf of the County of Simcoe, the Simcoe County District School Board and the Simcoe Muskoka Catholic District School Board which are independently approved by those organizations.
-
The 2023 Statement of the Treasurer details the activity and balances relating to development charges.
Please note that the following information is based on current legislation and is subject to change at anytime.
Development Charge FAQ’s:
Applications that require a Site Plan Control Application:
Resources:
- What are Development Charges? - courtesy of the City of London
- Development Charges Act, 1997
- Hemson Background Study
- Town of New Tecumseth - Development Charge By-Law 2021-166
- Town of New Tecumseth - Interest Policy #FI-POL-001-2020
- County of Simcoe
- Simcoe County District School Board and Simcoe County Muskoka District School Board