Why are DCCs proposed to be changed?

In Coquitlam the last major DCC review was in 2015. Since then a number of changes have occurred:

  • Land values and construction costs have risen
  • Projects have been completed
  • New information on capital projects is available
  • New information on development trends is available

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1. What is a development cost charge (DCC)?
2. Who pays DCCs?
3. What kind of projects are DCCs used to fund?
4. What are DCCs not used for?
5. Why are DCCs proposed to be changed?
6. How are DCC projects and growth projections determined?
7. How are DCCs calculated?
8. What are the proposed DCC rates?