Paying for Planning

This book chapter examines the trends of uses of development impact fees in states, specifically Florida, and the fiscal conditions in which the fee operates. Impact fees are earmarked for capital spending on public infrastructure and must be legally proven as beneficial for the development the fee is paid on; such as roads, parks, utilities, fire, police, libraries, or schools. The use of impact fees as revenue can free up other sources for alternative spending and possibly lead to higher densities in the developments where it’s implemented as it can affect the magnitude of other regulatory costs pressed upon developers.