PARD is working to draft a new ordinance to comply with the law
Any new development in Austin is supposed to come with a chunk of parkland, and when that’s not possible, developers must pay “,” which go into a pot of money used to acquire public parkland in the area of the new development.
That fund is about to be slashed, thanks to a bill passed this legislative session that limits how much money cities can demand from developers to put toward parks.creates caps on parkland dedication fees only for cities with a population greater than 800,000 . Austin’sestimates that the new fees per dwelling unit will be 30 to 60% lower than current fees, meaning PARD won’t meet its parkland goals unless it finds new funding sources.
About one in 10 of Austin’s parkland has been purchased through parkland dedication fees, and with additional easements, they have supported, in some way, roughly a third of the city’s parks. But builders say that increasing fees in recent years create barriers to more affordable development. In response, last fall Council enacted a new ordinance lowering the overall fees for 2023. But the new law decreases them much more severely.
The Parks and Recreation Department is working to draft a new ordinance to comply with the law, which must be adopted no later than December 1 of this year, and will apply to all multifamily, hotel, and motel applications submitted on or after January 1, 2024. Other than the ordinance, Council will hold a public hearing on proposed boundaries for CBD, urban, and suburban areas at the October 19 meeting. Proposed boundaries can be viewed athas been Austin’s independent news source for over 40 years, expressing the community’s political and environmental concerns and supporting its active cultural scene. Now more than ever, we need your support to continue supplying Austin with independent, free press.
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