Development Impact Fees for Minnesota: A Review of Principles and National211 Practices. Report No. 3 in the Series: Transportation and Regional Growth Study

摘要

This report explores the social, economic, and legal bases for imposing211u001edevelopment impact fees, a type of development exaction imposed by local 211u001egovernments in some states. It introduces the concept of charging for 211u001einfrastructure and outlines the basic issues. It describes the history of 211u001efinancing public improvements, leading to the imposition of impact fees. Building 211u001eon this background, the report then outlines the advanatages and disadvantages of 211u001eusing impact fees as a financing mechanism to allow new growth to pay its own 211u001eway. Methods of calculating impact fees are explained and examples of fee usage 211u001earound the country are included, including cases from the Twin Cities of 211u001eMinneapolis and St. Paul.