IMPACT FEES, A CLOSER LOOK
This discussion of the use of impact fees for road improvements, highlights the use of such fees by various localities in the United States, and the types of highway improvements funded with fees. Several important concerns and issues related to the use of impact fees are explored, namely: are they a tax or a fee? how do they address developers' concerns regarding up-front payment of fees, paying a fair share, and decisions about improvements? who really pays the fee? how are traffic impacts determined? how do impact fees affect a locality's ability to attract development? how can the planning process address privately funded improvements in scattered locations? what is the future of impact fees? Each one of these areas is discussed in some detail. A step-by-step description is given of a suggested process for determining the traffic impacts of new development and some of the critical issues in applying the methodology. Issues that local officials should address when considering whether to institute impact fees are noted.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/00978515
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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:
- DRAPER, R W
- Publication Date: 1986-12
Media Info
- Media Type: Digital/other
- Features: References; Tables;
- Pagination: p. 29-41
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Serial:
- Transportation Research Circular
- Issue Number: 311
- Publisher: Transportation Research Board
- ISSN: 0097-8515
Subject/Index Terms
- TRT Terms: Developers; Development; Fees; Finance; Financing; Highways; Impacts; Improvements; Policy; Real estate development; Traffic
- Old TRIS Terms: Future policies
- Subject Areas: Administration and Management; Economics; Finance; Highways; Operations and Traffic Management; Policy; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 00462448
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: Feb 28 1987 12:00AM