The mayor's initiative is intended to put future development impact fees into citywide funds by asset type — reducing the pots of money from 43 to just a handful.
The San Diego City Council Monday approved Mayor Todd Gloria's Build Better SD initiative, a move intended to equalize public infrastructure funding across all the city's neighborhoods with an eye towards need, instead of more affluent areas benefiting more.
Previously, when private projects were built, the development impact fees property developers pay toward new infrastructure improvements — such as libraries, streets and other public spaces — varied widely across communities based on often decades-old planning documents. The mayor's initiative is intended to change this by putting future development impact fees into citywide funds by asset type — reducing the pots of money from 43 to just a handful. Infrastructure needs will be examined across San Diego by city staff and funding will be directed to high-priority projects.
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