Background
The District of Oak Bay is developing Development Cost Charge (DCC) and Amenity Cost Charge (ACC) programs. These DCCs and ACCs are the first of their kind for the District.
Where we are today
November 2024 – The District is planning consultation with community partners including the development community, housing providers and institutions. Following consultation, the DCC Bylaw will be brought forward to Council for three readings at a planned meeting in December.
Development Cost Charge (DCC)
DCCs are one-time fees collected to help communities recover the costs of off-site infrastructure needed for growth. DCCs are a Provincially regulated tool. The Local Government Act sets out the general requirements under which local governments may administer DCC programs.
Funds generated through DCCs are intended for one-time capital costs and are only applied to growth-driven projects. DCCs can fund capital costs including:
- Transportation services
- Water services
- Drainage services
- Sewer services
Amenity Cost Charge (ACC)
ACCs are one-time fees collected by local governments to help recover the costs of amenities that provide social, cultural, heritage, recreational, or environmental benefits to a community.
Much like DCCs, they are a development finance tool in the Local Government Act for one-time capital costs and are only applied to growth-driven projects. ACCs can pay for the following amenities:
- Community, youth, or seniors’ centre
- Recreation or athletic facility
- Library
- Daycare facility
More Information and Comments
Find resources with more information in the sidebar to the right, along with a tentative timeline for this project. Please feel free to reach out with any comments by emailing info@oakbay.ca