Did you know that Georgetown has a tree fund? Yes they do and they expect $300,300 in revenue for FY-18 which starts October 1. This is a money making enterprise for the city as they expect to spend $250,000. The tree fund is projected to have a balance of $754,537 at the end of the fiscal year.
The Tree Fund is financed by fees assessed when development projects remove trees. These funds are used to plant, prune, irrigate, maintain, and fund other associated tree activities in City parks, or other City‐owned property.
Keep in mind these fees are assessed against property owners and this is one of the areas that the state legislature has tried to eliminate the collection of such fees. Of course the city lobbied the legislature to not pass any laws that would limit their ability to extract money from property owners.
These fees are not only charged to the "big boys". They are charged to many property owners, ranging from individuals who want to expand their home to developers that want to build housing or commercial properties.
These fees are not only charged to the "big boys". They are charged to many property owners, ranging from individuals who want to expand their home to developers that want to build housing or commercial properties.
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