Although local governments have traditionally borne the cost of local roadway improvements to accommodate traffic growth, there has been a growing interest in the assessment of impact fees on developers to finance such improvements. Impact fees have been assessed as flat fees based on the size of the development; variable fees depending on the type and location of the development; and negotiated fees determined by the required investments, the interests of the local communities, and the resources of the developer. Variable fees are analogous to roadway user taxes in that roadway costs vary with traffic and a desired revenue target is to be met. Techniques used in highway cost allocation studies can be directly applied to the design of equitable variable impact fees. Because highway cost allocation studies have received considerable attention and have been widely applied, these allocation methods might be usefully adopted for impact fee assessment. Economic implications of roadway cost allocation methods for impact assessment are discussed.

Media Info

  • Media Type: Print
  • Features: Figures; References; Tables;
  • Pagination: pp 73-80
  • Monograph Title: Private sector involvement and toll road financing in the provision of highways
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00474891
  • Record Type: Publication
  • ISBN: 0309044553
  • Files: TRIS, TRB
  • Created Date: Oct 31 1987 12:00AM