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Impact fee, the Glossary

An impact fee is a fee that is imposed by a local government within the United States on a new or proposed development project to pay for all or a portion of the costs of providing public services to the new development.^[1]

23 relations: California, Capital (economics), Economic development, Environmental law, Exaction, Fifth Amendment to the United States Constitution, Florida, Golden v. Planning Board of Ramapo, Grant (money), Growth management, Hinsdale, Illinois, Inclusionary zoning, Infrastructure, Koontz v. St. Johns River Water Management District, Local government, Police power (United States constitutional law), Population growth, Public finance, Public service, Real estate development, Tax, United States, Value capture.
Local taxation in the United States

California

California is a state in the Western United States, lying on the American Pacific Coast.

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Capital (economics)

In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services.

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Economic development

In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives.

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Environmental law

Environmental laws are laws that protect the environment.

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Exaction

An exaction is a concept in US real property law where a condition for development is imposed on a parcel of land that requires the developer to mitigate anticipated negative impacts of the development.

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Fifth Amendment to the United States Constitution

The Fifth Amendment (Amendment V) to the United States Constitution creates several constitutional rights, limiting governmental powers focusing on criminal procedures.

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Florida

Florida is a state in the Southeastern region of the United States.

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Golden v. Planning Board of Ramapo

Golden v. Planning Board of Ramapo was a landmark 1971 land-use planning case in New York that established growth management planning as a valid exercise of the police power in the United States.

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Grant (money)

A grant is a financial award given by a government entity, foundation, corporation, or other organization to an individual or organization for a specific purpose.

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Growth management

Growth management, in the United States, is a set of techniques used by the government to ensure that as the population grows that there are services available to meet their demands. Impact fee and Growth management are Urban planning in the United States.

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Hinsdale, Illinois

Hinsdale is a village in Cook and DuPage counties in the U.S. state of Illinois and one of the wealthiest communities of Illinois.

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Inclusionary zoning

Inclusionary zoning (IZ) is municipal and county planning ordinances that require or provide incentives when a given percentage of units in a new housing development be affordable by people with low to moderate incomes.

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Infrastructure

Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function.

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Koontz v. St. Johns River Water Management District

Koontz v. St.

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Local government

Local government is a generic term for the lowest tiers of governance or public administration within a particular sovereign state.

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Police power (United States constitutional law)

In United States constitutional law, the police power is the capacity of the states to regulate behavior and enforce order within their territory for the betterment of the health, safety, morals, and general welfare of their inhabitants.

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Population growth

Population growth is the increase in the number of people in a population or dispersed group.

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Public finance

Public finance is the study of the role of the government in the economy.

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Public service

A public service or service of general (economic) interest is any service intended to address specific needs pertaining to the aggregate members of a community.

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Real estate development

Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others.

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Tax

A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to collectively fund government spending, public expenditures, or as a way to regulate and reduce negative externalities.

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United States

The United States of America (USA or U.S.A.), commonly known as the United States (US or U.S.) or America, is a country primarily located in North America.

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Value capture

Value capture is a type of public financing that recovers some or all of the value that public infrastructure generates for private landowners.

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References

[1] https://en.wikipedia.org/wiki/Impact_fee

Also known as Impact Fees, Linkage fee, Mitigation fee.