Yesterday the Rock Hill City Council heard a proposal from Deputy City Manager, Jimmy Bagley, that would result in $340,000,000 of infrastructure improvements over the next ten years. The enhancements would be funded by bonds issued in alternating years over the next decade and would be paid back through increased user fees and impact fees.
Under the plan, combined water and wastewater impact fees would nearly triple over the next two years while most users would see annual fee increases over the next eight years. Separate from the CIP Proposal, but as part of the overall funding discussion, it was mentioned that the fire impact fee would go up nearly 50% over the next two fiscal years for single-family residential developments. Commercial and industrial developments would see their fees increase roughly 300% during the same time frame.
Staff justified the impact fee and rate fee increases by referencing Rock Hill’s rapid growth over the last decade. This growth has apparently brought the existing water plant to its maximum output level which could result in the Council considering alternate measures, such as a moratorium, if new funding is not approved. Council will continue to meet over the next couple of weeks to finalize a plan to address current and future growth.