Fee - Infrastructure and Environment

Infrastructure and Environment

An impact fee is a charge which a developer must pay to local government, in order to raise money for capital improvements to roads, libraries, and other services upon which the new land development places a burden. This prevents existing residents from being forced to pay in taxes, in addition to already having to put-up with the traffic, noise, and environmental damage of the new development.

Read more about this topic:  Fee

Famous quotes containing the word environment:

    “White males are the most responsible for the destruction of human life and environment on the planet today.”
    —Robin Morgan (b. 1941)