ANNUAL ADJUSTMENT FOR INFLATION
PER 15A NCAC 02R .0402 and 02B .0269
Pursuant to15A NCAC 02R .0402(d) the fee schedule for the EEP Statewide Stream and Wetland In-Lieu Fee Program shall be adjusted annually for inflation. The following fee schedule became effective on July 1, 2014 and reflects an increase of 1.8 percent over the previous year's fee schedule for wetlands and streams based on the adjustment procedure specified by rule.
Pursuant to15A NCAC 2B .0269, the fee schedule for the EEP Riparian Buffer Mitigation ILF Program shall be adjusted annually for inflation. The following fee schedule for riparian buffer mitigation became effective on Jan. 31, 2014 and will remain in effect until the next annual rate adjustment occurs. This fee reflects a 2.7-percent increase over the previous fee schedule for buffer mitigation, based on the adjustment procedure specified by rule.
Note that fees for wetlands mitigation required by the U.S. Army Corps of Engineers, the N.C. Division of Water Resources or the N.C. Division of Coastal Management authorizations are calculated in increments of 0.25 acres as required by state rules. There is a flat fee for each increment of 0.25 acres; as such, amounts less than 0.25 acres are invoiced at the quarter-acre fee; amounts between 0.25 and 0.50 acres are invoiced at the half-acre fee. Invoices are issued by the ILF Program Coordinator.