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Title:

DEVELOPING DEFENSIBLE TRANSPORTATION IMPACT FEES

Accession Number:

00607707

Record Type:

Component

Availability:

Find a library where document is available


Order URL: http://worldcat.org/isbn/0309050693

Abstract:

Rapid growth in many parts of the country, combined with budgetary pressures at the federal and state levels, has increased the importance of pursuing alternative funding sources for the construction of transportation infrastructure, particularly roads. The belief that development should pay its own way is becoming prevalent in many communities. Transportation impact fees are being used to address both of these issues. An impact fee affects three groups: developers, new residents, and existing residents. Each group has an interest in ensuring that a proposed fee is affecting it equitably. Developers and new residents do not want to pay more than their share of infrastructure requirements and, conversely, existing residents do not want to subsidize growth. A methodology for developing a defensible transportation impact fee must address a number of issues. Among these are: quantifying the benefits that are derived from new transportation infrastructure; identifying the recipients of the benefits; and calculating the size of an equitable impact fee. A methodology is described that employs an equity-based approach utilizing net-present-value techniques and addresses the legal criteria of "rational nexus."

Supplemental Notes:

This paper appears in Transportation Research Record No. 1283, Transportation Systems Planning and Applications 1990. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

Monograph Accession #:

01411087

Authors:

Moore, William B
Muller, Thomas

Pagination:

p. 39-44

Publication Date:

1990

Serial:

Transportation Research Record

Issue Number: 1283
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309050693

Features:

Figures (2)

Uncontrolled Terms:

Financial sources

Subject Areas:

Economics; Finance; Society; Transportation (General); I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Apr 30 1991 12:00AM

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