IPART has released its Final Report on the contributions that the Hills Shire Council can levy on developers in the Box Hill Precinct.
Developer contributions fund services and amenities for the developing area, such as open space, stormwater, transport, infrastructure and land.
The Hills Shire Council proposed to levy a total of around $1 billion in developer contributions to provide the infrastructure needed to service the area. Depending on the type and size of home, this would have resulted in contribution rates that range from $37,866 to $95,140 for residential development within the Box Hill Precinct.
”Our analysis has found that most of the infrastructure costs in the plan are essential and reasonable, and that community liaison has occurred,” said Tribunal Chair Carmel Donnelly.
“However, we have made recommendations to reduce the contribution rates to range from $29,419 to $77,362 for residential development, as this represents a reasonable apportionment for the 29% remaining for residential development.”
The contributions plan is expected to provide infrastructure to 16,030 additional dwellings and a population of up to 51,231 residents.
The Final Report is available on IPART’s website.
Media Contact: Candy Nahnsen, 0427 105 865, media@ipart.nsw.gov.au.