In early 2019, Council authorized a task order to study potential Transportation Impact Fees for development in the City of Georgetown. In late 2019, service areas were identified and approved by Council, and the majority of the Transportation Impact Fee Study (Study) was completed.
In early 2020, an Impact Fee Advisory Committee (Committee) consisting of Georgetown Transportation Advisory Board Members as well as members of the development community was established to review the Study and make recommendations to Council on potential Transportation Impact Fees.
On October 27, 2020, Council approved the Land Use Assumptions (LUAs) and Capital Improvement Plan which allowed the city's consultant to complete the financial analysis and finalize the Transportation Impact Fee Study.
The Committee's final recommendations are anticipated to be presented to Council in February 2021.
In order to move forward with consideration on Transportation Impact Fees, State Law requires Council first conduct a Public Hearing to allow for input on the matter.
Staff is proposing to conduct this Public Hearing at the regularly scheduled City Council Meeting on Tuesday, February 23, 2021 at 6pm.