|
|
| Administration | Community Development | Court | Police | Home |
| -Back to the Topics- |
Impact Fees
Local Government and Impact Fees
Impact fees are fees that are charged to new development to pay a share of the costs of local infrastructure expansion associated with new growth. Impact fees are a part of a funding picture that also includes grants and local tax dollars in a mix of funds intended to support local standards of development. In other parts of the country, impact fees are assessed to help develop new capacity for water, sewer, roads, parks, schools, emergency services and other infrastructure. In Washington state, local governments can assess parks, transportation and school impact fees for the development of new growth-related capacity.
- Impact fees are a change of policy after 200+ years of using general revenues to pay for infrastructure to serve growth.
- Impact fees place a share of the infrastructure cost directly on new development.
- Impact fees are often perceived as making a jurisdiction lesscompetitive for attracting development within a region, potentially contradicting economic development strategies.
- Impact fees fund only new system capacity for transportation and parks.
- Impact fees do not fund the full measure of new transportation and parks infrastructure demands; by law, the fees fund a portion of the demand.
Impact fees don’t pay for...
- Existing deficiencies.
- Costs paid for by taxes, grants, user fees, etc.
- On-site (“project”) improvements.
- Transit, park-n-ride, non-motorized improvements, etc.
The City of Gig Harbor currently imposes impact fees for Parks and Transportation. Other mitigation, like school mitigation, is possible through the State Environmental Policy Act.
|
-
Bond
Rating | Design
Review Guidelines | Economic
Development | Impact
Fees | Management
of Gig Harbor Bay | City
Performance |
|
