Forsyth County Approves Annual Adjustment to Impact Fee Schedule

Forsyth County Approves Annual Adjustment to Impact Fee Schedule

Each year, the Forsyth County Impact Fee Administrator may adjust these fees in accord with the January Consumer Price Index. This adjustment is to ensure that fees in the schedule are maintained at the present value of the baseline rate. The baseline rate is the impact fee rate assessed in calendar year 2022.

This adjustment affects those impact fees collected for roads, parks, libraries, and public safety. The inflation adjustment is to be set by the Impact Fee administrator in April of the calendar year, to become effective in October of the same year.

For 2023, the Consumer Price Index – All Urban Consumers (“Index”) is 6.4%. With this adjustment, a single-family detached home’s impact fee will go from $3,804 to $4,047. Use the tab below to see the full schedule of new fees.

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