Financing Capital Improvements: Development Impact Fees are Fair and Effective

Financing Capital Improvements: Development Impact Fees are Fair and Effective PDF Author: Phillip L. Paige
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
This project explores the thesis that development impact fees are a fair and effective means of financing capital improvement projects. Impact fees are found to be a remedy to the revenue cuts which are seen as a result of "taxpayer revolt" and society's concern with the urban environment. The fees are seen as a way to deal with the needs caused by growth, without causing excessive financial hardship on the existing taxpayers. Case law, state legislation, and common court tests should all be considered in the discussion of impact fees. A model ordinance and a planning checklist are offered. Finally, a recommendation is presented for dealing with growth/funding problems being faced by King County (Washington) fire districts.

Financing Capital Improvements: Development Impact Fees are Fair and Effective

Financing Capital Improvements: Development Impact Fees are Fair and Effective PDF Author: Phillip L. Paige
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

Get Book Here

Book Description
This project explores the thesis that development impact fees are a fair and effective means of financing capital improvement projects. Impact fees are found to be a remedy to the revenue cuts which are seen as a result of "taxpayer revolt" and society's concern with the urban environment. The fees are seen as a way to deal with the needs caused by growth, without causing excessive financial hardship on the existing taxpayers. Case law, state legislation, and common court tests should all be considered in the discussion of impact fees. A model ordinance and a planning checklist are offered. Finally, a recommendation is presented for dealing with growth/funding problems being faced by King County (Washington) fire districts.

A Guide to Impact Fees and Housing Affordability

A Guide to Impact Fees and Housing Affordability PDF Author: Arthur C. Nelson
Publisher: Island Press
ISBN: 1610910842
Category : Architecture
Languages : en
Pages : 318

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Book Description
Impact fees are one-time charges that are applied to new residential developments by local governments that are seeking funds to pay for the construction or expansion of public facilities, such as water and sewer systems, schools, libraries, and parks and recreation facilities. In the face of taxpayer revolts against increases in property taxes, impact fees are used increasingly by local governments throughout the U.S. to finance construction or improvement of their infrastructure. Recent estimates suggest that 60 percent of all American cities with over 25,000 residents use some form of impact fees. In California, it is estimated that 90 percent of such cities impose impact fees. For more than thirty years, impact fees have been calculated based on proportionate share of the cost of the infrastructure improvements that are to be funded by the fees. However, neither laws nor courts have ensured that fees charged to new homes are themselves proportionate. For example, the impact fee may be the same for every home in a new development, even when homes vary widely in size and selling price. Data show, however, that smaller and less costly homes have fewer people living in them and thus less impact on facilities than larger homes. This use of a flat impact fee for all residential units disproportionately affects lower-income residents. The purpose of this guidebook is to help practitioners design impact fees that are equitable. It demonstrates exactly how a fair impact fee program can be designed and implemented. In addition, it includes information on the history of impact fees, discusses alternatives to impact fees, and summarizes state legislation that can infl uence the design of local fee programs. Case studies provide useful illustrations of successful programs. This book should be the first place that planning professionals, public officials, land use lawyers, developers, homebuilders, and citizen activists turn for help in crafting (or recrafting) proportionate-share impact fee programs.

Proportionate Share Impact Fees and Development Mitigation

Proportionate Share Impact Fees and Development Mitigation PDF Author: Arthur C. Nelson
Publisher: Taylor & Francis
ISBN: 1000782913
Category : Architecture
Languages : en
Pages : 563

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Book Description
After decades of evolving practice often tested in court, development impact fees have become institutionalized in the American planning and local government finance systems. But, they remain contentious, especially as they continue to evolve. This book is the third in a series of impact fee guidebooks for practitioners, following A Practitioner’s Guide to Development Impact Fees and Impact Fees: Proportionate Share Development Fees. Proportionate Share Impact Fees and Development Mitigation is the culmination of the authors’ careers devoted to pioneering applications of the dual rational nexus test. That test requires (1) establishing the rational nexus between the need for infrastructure, broadly defined, to mitigate the impacts of development and (2) ensuring that development mitigating its infrastructure impacts benefits proportionately. The book elevates professional practice in two ways. First, it shows how the rational nexus test can be applied to all forms of development infrastructure impact mitigation. Second, it establishes the link between professional ethics and equity as applied to proportionate share impact fees and development mitigation. The book is divided into four parts, with the first reviewing policy and legal foundations, the second detailing the planning, calculation, and implementation requirements, the third exploring economic, ethical, and equity implications, and the fourth presenting state-of-the-art case studies. Proportionate Share Impact Fees and Development Mitigation sets new standards for professional practice.

Developer Financing

Developer Financing PDF Author: Maureen G. Valente
Publisher:
ISBN:
Category : Impact fees
Languages : en
Pages : 28

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Book Description


Impact Fees and the Role of the State

Impact Fees and the Role of the State PDF Author: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788117886
Category :
Languages : en
Pages : 112

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Book Description
Analyzes fee consequences and develops guidance for States in drafting enabling legislation for impact fees. Recommends State standards and uniform procedures for local impact fee programs that will minimize effects on housing prices and also ensure adequate capital facilities to support growth. Bibliography. 9 tables and figures.

Paying for Growth

Paying for Growth PDF Author: Thomas P. Snyder
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 154

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Book Description


Infrastructure Planning and Finance

Infrastructure Planning and Finance PDF Author: Vicki Elmer
Publisher: Routledge
ISBN: 1135906416
Category : Architecture
Languages : en
Pages : 769

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Book Description
Infrastructure Planning and Finance is a non-technical guide to the engineering, planning, and financing of major infrastucture projects in the United States, providing both step-by-step guidance, and a broad overview of the technical, political, and economic challenges of creating lasting infrastructure in the 21st Century. Infrastructure Planning and Finance is designed for the local practitioner or student who wants to learn the basics of how to develop an infrastructure plan, a program, or an individual infrastructure project. A team of authors with experience in public works, planning, and city government explain the history and economic environment of infrastructure and capital planning, addressing common tools like the comprehensive plan, sustainability plans, and local regulations. The book guides readers through the preparation and development of comprehensive plans and infrastructure projects, and through major funding mechanisms, from bonds, user fees, and impact fees to privatization and competition. The rest of the book describes the individual infrastructure systems: their elements, current issues and a 'how-to-do-it' section that covers the system and the comprehensive plan, development regulations and how it can be financed. Innovations such as decentralization, green and blue-green technologies are described as well as local policy actions to achieve a more sustainable city are also addressed. Chapters include water, wastewater, solid waste, streets, transportation, airports, ports, community facilities, parks, schools, energy and telecommunications. Attention is given to how local policies can ensure a sustainable and climate friendly infrastructure system, and how planning for them can be integrated across disciplines.

Fiscal Impact Fees

Fiscal Impact Fees PDF Author: Decision Systems (N.M.)
Publisher:
ISBN:
Category : Impact fees
Languages : en
Pages : 26

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Book Description


A Decent Place to Live

A Decent Place to Live PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs
Publisher:
ISBN:
Category : Community development
Languages : en
Pages : 160

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Book Description


A Practitioner's Guide to Development Impact Fees

A Practitioner's Guide to Development Impact Fees PDF Author: James C. Nicholas
Publisher: American Planning Association
ISBN:
Category : Political Science
Languages : en
Pages : 328

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Book Description
This book is about development impact fees. Impact fees shift a portion of the burden of teh cost of new or expanded facilities to accommodate new development away from the community at large to new development itself.