NUTRIENT OFFSET MITIGATION FEES
DMS uses the Actual Cost Method to calculate the fees for providing nutrient offset credit to satisfy nutrient offset requirements. The total payment is based on the amount of nitrogen and phosphorus specified in the verification letter issued by local governments reviewing and approving the development project.
The following fee schedule is applied as stated below in the DMS invoicing policy. Nutrient Offset rates are evaluated quarterly; based on the latest ACM calculation performed in September 2015, the rates listed in the table below will be effective for the quarter beginning October 1, 2015. For more information on these rates and on quarterly updates, please see the Nutrient ACM pages.
Table: Nutrient Offset Fees Per Pound
Application of fees:
Applicants who elect to use the Nutrient Offset In-Lieu Fee Program will be invoiced based on the fee schedule in place on the date DMS issues the nutrient payment acceptance letter. Payment amounts provided in DMS acceptance letters for nutrient-offset credits expire 30 days from the issue date or at the end of the quarter, whichever occurs sooner. If a payment is not made within this timeframe, an updated letter must be requested by the applicant. Compliance with G.S. 143-214.11 must also be verified to ensure credits from private mitigation banks are utilized by certain entities if available. Updated letters will reflect the fee schedule in place on the date DMS issues the new letter. DMS cannot accept payments based on expired nutrient offset acceptance letters or previous fee schedules.