DEVELOPMENT IMPACT FEES FOR MINNESOTA? A REVIEW OF PRINCIPLES AND NATIONAL PRACTICES

This report explores the social, economic, and legal bases for imposing development impact fees, a type of development exaction imposed by local governments in some states. It introduces the concept of charging for infrastructure and outlines the basic issues. It describes the history of financing public improvements, leading to the imposition of impact fees. Building on this background, the report then outlines the advantages and disadvantages of using impact fees as a financing mechanism to allow new growth to pay its own way. Methods of calculating impact fees are explained and examples of fee usage around the country are included, including cases from the Twin Cities of Minneapolis and St. Paul.

• Record URL:
  http://www.cts.umn.edu/Publications/ResearchReports/reportdetail.html?id=546
• 
• Corporate Authors:

  University of Minnesota, Minneapolis

  Center for Transportation Studies, 511 Washington Avenue, SE
  Minneapolis, MN  United States  55455-0375

  Minnesota Department of Transportation

  395 John Ireland Boulevard
  St Paul, MN  United States  55155
• Authors:
  • Adams, J S
  • Cidell, J L
  • Hansen, L J
  • Jung, Hyung-Jo
  • RYU, Y
  • VanDrasek, B J
• Publication Date: 1999-10

Language

• English

Media Info

• Features: Appendices; References; Tables;
• Pagination: 147 p.
• Serial:
  • Transportation and Regional Growth Study
  • Issue Number: 3
  • Publisher: University of Minnesota, Minneapolis

Subject/Index Terms

• TRT Terms: Calculation; Case studies; Financing; History; Impact fees; Infrastructure; Real estate development
• Geographic Terms: Minneapolis (Minnesota); Minnesota; Saint Paul (Minnesota)
• Subject Areas: Finance; Highways; History; I10: Economics and Administration;

Filing Info

• Accession Number: 00780271
• Record Type: Publication
• Report/Paper Numbers: CTS 99-04,, Final Report
• Contract Numbers: 74708 TOC #50
• Files: TRIS, ATRI, STATEDOT
• Created Date: Dec 15 1999 12:00AM