Paying for Growth
The City of Surrey is proposing a revised series of Development Cost Charges (DCCs). DCCs are levied on new development to help pay for:
transportation,
water,
sewer,
storm drainage,
park acquisition, and
select park development projects necessary to service the community due to growth.
DCCs are paid by applicants for subdivision approval to create single family lots and for building permits to construct multi-family, commercial, industrial, and institutional development. DCCs are a fair way to distribute growth-related costs across developers.
Get Involved!
The 10-Year Servicing Plan establishes the City’s capital expenditure plan for the construction of engineering infrastructure to service existing neighbourhoods and to support new growth across the City. Together with the Parkland Acquisition Program, it also forms the basis for establishing the City’s DCC rates.
The last DCC update in Surrey was in 2018. Since then, new servicing studies have provided new information on development trends and required capital projects is available. As such, the update includes revisions to growth projections, construction costs and land values, capital programs and current City DCC reserves.
An important part of the process of reviewing and revising DCC rates is public consultation. This allows those who are interested in or affected by the proposed DCCs to offer comments and input.
Come Learn More About Proposed DCC Increases
This open house is designed to provide information on:
what DCCs are,
who pays them,
what the money is used for,
why DCCs are proposed to be changed,
how the rates are calculated, and
what the proposed new rates are.
Feedback will be gathered and included in an upcoming corporate report to Council.