Impact fees:

Question

Impact fees:

Quizplus · Accepted Answer

Impact fees are typically regulated by state legislation, which defines the scope, limitations, and conditions under which they can be imposed by local governments. They are not collected for any general costs but are specifically designated for funding infrastructure and services necessitated by new development. They are constitutional as long as they meet certain criteria and have not largely disappeared; in fact, they are a common tool for local governments to manage the costs associated with growth.

Impact Fees