IMPACT FEES FOR FINANCING TRANSPORTATION INFRASTRUCTURE: THE FLORIDA EXPERIENCE
Comments are made on the experience in Florida where there is no state enabling legislation for impact fees. The Broward County ordinance (a marginal cost pricing model) and the Palm Beach County ordinance (an average pricing model) are noted. Palm Beach County model's zoning concept is noted. The issues of revenue sharing and growth management are discussed. It is observed that the bottom line is that impact fees are far from perfect. Where the return from new land developments will bear the additional costs of needed transportation improvements, equity argues that those receiving the additional benefits should pay directly for them. This is especially true in urban areas where right-of-way and construction costs are greater than revenues that will be returned through normal user charges.
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Availability:
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Supplemental Notes:
- Transportation Research Circular Number 311. Development Impact Fees for Financing Transportation Infrastructure. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
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Corporate Authors:
500 Fifth Street, NW
Washington, DC United States 20001 -
Authors:
- Glaze, R
- Publication Date: 1986-12
Media Info
- Media Type: Digital/other
- Pagination: p. 12-14
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Serial:
- Transportation Research Circular
- Issue Number: 311
- Publisher: Transportation Research Board
- ISSN: 0097-8515
Subject/Index Terms
- TRT Terms: Construction; Costs; Development; Fees; Finance; Financing; Impacts; Infrastructure; Legislation; Mathematical models; Real estate development; Transportation; Urban areas; User charges
- Uncontrolled Terms: Construction costs; Models; Revenue sharing; Right of way
- Subject Areas: Administration and Management; Construction; Economics; Finance; Society; Transportation (General); I10: Economics and Administration;
Filing Info
- Accession Number: 00462444
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: Aug 28 2004 4:47AM