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--height:300px"> </banner> <main> <div class="Layout Layout--container"> <div class="Title Title--combo"> <h1>Development Charges</h1> <nav class="Menu Menu--breadcrumbs"> <ul class="Menu__List Menu__List--level-0"> <li class="Menu__Item"><a class="Menu__Link" href="/">Home</a></li> <li class="Menu__Item"><a class="Menu__Link" href="/do-business/">Do Business</a></li> <li class="Menu__Item active">Development Charges</li> </ul> </nav> </div> <div class="Layout--sidebar"> <div class="Layout__Column"> <div id="main"> <h1>Development Charges</h1> <div class="Layout--1"> <section><p data-uw-styling-context="true">Development charges are fees collected from developers to help pay for the cost of infrastructure required to provide municipal services to new development, such as roads, transit, water and sewer infrastructure, community centres and fire and police facilities.</p></section> <section><h2>2024 Development Charges Background Study<strong><br></strong></h2> <p>The 2024 Town of Ingersoll Development Charge Background Study has been completed in compliance with the provisions of the Development Charges Act, S.O. 1997(DCA) incorporating Provincial changes to the DCA through Bill 185, Cutting Red Tape to Build More Homes Act, effective June 6, 2024.</p> <p>Every five years, the Town conducts a development charges background study to forecast the town’s future residential and non-residential growth to determine infrastructure needs and costs. This information is used to calculate the amount of money that new development needs to pay in order to cover new infrastructure and services.</p> <p>The 2024 Development Charges (D.C.) Background Study was prepared by Watson & Associates Economists Ltd. and serves as the foundation for the development charge rates adopted by the Town on June 10, 2024, through By-law 24-5323.</p> <p>Read the full study here:</p> <p><a rel="noopener noreferrer" href="/media/i5qo0yr2/2024-development-charge-background-study-ingersoll-final.pdf" target="_blank" aria-label="2024 Development Charges Background Study opens in new window"><strong>2024 Development Charges Background Study</strong></a></p> <p><a title="2024 Development Charges Background Study - Addendum 1" rel="noopener noreferrer" href="https://webresources.ingersoll.ca/documents/Ingersoll-Addendum-1.pdf" target="_blank" aria-label="Addendum #1 – 2024 Development Charges Background Study opens in new window">Addendum #1 – 2024 Development Charges Background Study</a></p> <p><a title="Dev charges addendum 2" rel="noopener noreferrer" href="/media/fijphm0u/ingersoll-addendum-2.pdf" target="_blank" aria-label="Addendum #2 – 2024 Development Charges Background Study opens in new window">Addendum #2 – 2024 Development Charges Background Study</a></p> <h3>Development Charges By-law</h3> <ul> <li><a rel="noopener noreferrer" href="/media/hzdja0c0/24-5323-establish-town-wide-development-charges-for-the-town.pdf" target="_blank" aria-label="By-Law 24-5323 opens in new window">By-Law 24-5323</a></li> </ul> <h3>Development Charges Rates</h3> <p>The development charges rates as set out in By-Law 24-5323</p> <ul> <li><a title="2024 Development Charges Rates" rel="noopener noreferrer" href="/media/umgfvs1k/2024-development-charges-summary-in-effect-june-13-2024.pdf" target="_blank" aria-label="2024 Development Charges (in effect June 13, 2024) opens in new window">2024 Development Charges (in effect June 13, 2024)</a></li> </ul> <h3>Treasurer Statements</h3> <ul> <li><a title="2023 DC reserve fund " rel="noopener noreferrer" href="/media/u4gda1lx/2023-dc-reserve-fund-stmt.pdf" target="_blank" aria-label="2023 Treasurer's Statement - Development Charges opens in new window">2023 Treasurer's Statement - Development Charges</a></li> <li><a rel="noopener noreferrer" href="https://webresources.ingersoll.ca/documents/2022-DC-Reserve-Fund-Stmt.pdf" target="_blank" aria-label="2022 Treasurer's Statement - Development Charges opens in new window">2022 Treasurer's Statement - Development Charges</a></li> <li><a rel="noopener noreferrer" href="https://webresources.ingersoll.ca/documents/2021-DC-Reserve-Fund-Stmt.pdf" target="_blank" aria-label="2021 Treasurer's Statement - Development Charges opens in new window">2021 Treasurer's Statement - Development Charges</a> </li> <li><a title="Open new window to view 2020 Treasurer’s Statement – Development Charges" rel="noopener noreferrer" href="/media/rtvjlzu4/2020-dc-reserve-fund-stmt.pdf" target="_blank" aria-label="2020 Treasurer’s Statement - Development Charges opens in new window">2020 Treasurer’s Statement - Development Charges</a></li> <li><a title="Open new window to view 2019 Treasurer’s Statement – Development Charges" rel="noopener noreferrer" href="/media/jwdffauh/2019-dc-reserve-fund-stmt.pdf" target="_blank" aria-label="2019 Treasurer’s Statement - Development Charges opens in new window">2019 Treasurer’s Statement - Development Charges</a></li> <li><a title="Open new window to view 2018 Treasurer’s Statement – Development Charges" rel="noopener noreferrer" href="/media/dc1gy0ai/2018-dc-reserve-fund-stmt.pdf" target="_blank" aria-label="2018 Treasurer’s Statement - Development Charges opens in new window">2018 Treasurer’s Statement - Development Charges</a></li> </ul> <h3>Development Charges Interest Policy</h3> <ul> <li><a title="Open new window to view Development Charges Interest Policy" rel="noopener noreferrer" href="/media/lt2d4xam/ingersoll-development-charge-interest-policy.pdf" target="_blank" aria-label="Development Charges Interest Policy opens in new window">Development Charges Interest Policy</a></li> </ul> <h3>Oxford County Development Charges</h3> <p>In addition to the Town’s Development Charges, the County of Oxford (upper tier) also has Development Charges by-laws.</p> <ul> <li><a title="Open new window to view Oxford County Development Charges" rel="noopener noreferrer" href="/media/ajtdfrpq/fact-sheet-development-charges-2024-jun-13-rev.pdf" target="_blank" aria-label="Oxford County Development Charges opens in new window">Oxford County Development Charges</a></li> </ul></section></div> </div> <div class="Contact"> <div class="Contact__Header"> <h3 class="Contact__Title">Contact Us</h3> </div> <div class="Contact__Content"> <p class='text-center'><strong>Town of Ingersoll </strong><br>130 Oxford Street (2nd Floor), Ingersoll, ON, N5C 2V5, <a href='http://maps.google.com/maps?f=d&source=s_d&daddr=130+Oxford+Street+(2nd+Floor),+Ingersoll,+ON,+N5C+2V5' title='Open new window to see on map' target='_blank'>Map this location</a><br>Phone: <a 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