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About: Impact fee     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:School, within Data Space : dbpedia.org associated with source document(s)

Type: school New Facet based on Instances of this Class

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. Impact fees are considered to be a charge on new development to help fund and pay for the construction or needed expansion of offsite capital improvements. These fees are usually implemented to help reduce the economic burden on local jurisdictions that are trying to deal with population growth within the area.