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EARLENE WARD - SPECIAL TO SIERRA STAR
Developer fees paid to local school districts for residential and commercial
or industrial development will increase effective August 20.
The amount will increase to $2.14 per square foot for residential development
and 34-cents per square foot for commercial or industrial development.
The Yosemite Joint Union High School District Board of Trustees approved
the fee increase June 19. Developer fees are split between the high school
district and the elementary feeder districts.
Elementary school districts receive 60 percent of the fees collected for
development in their district boundaries and the high school district
receives 40 percent of the fees collected.
The fee increase was approved by the board following a study that indicated
the higher fees were justified.
YJUHSD Superintendent Bill McCabe notes that the purpose of the developer
fees is to provide adequate school facilities for the students of the
district who will be generated by residential and commercial / industrial
development.
The fees are to be used to finance the construction of new school facilities
and/or for modernization or addition to existing school facilities made
necessary by new development projects.
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