Chapter 4.20 — DEVELOPMENT IMPACT FEE INFLATIONARY ADJUSTMENTS

Unless stated otherwise in this code, all development impact fees shall be increased or decreased annually by the percentage change in the Engineering News Record Construction Cost Index for San Francisco for the prior calendar year (January-December). The in-lieu fee shall be automatically adjusted, and a new schedule published effective July 1st of each year. This adjustment will offset the effects of inflation related to construction cost increases or deflationrelated cost decreases. If the Construction Cost Index is discontinued, the City Manager shall use a comparable index for determining the inflationary changes in construction. (Ord. 936, 9/9/2025)