Definition: A charge imposed on new development to help fund infrastructure needed because of that development, subject to governing legal requirements.
Example
A local government assesses a lawful transportation impact fee to help address additional infrastructure demand from a development.
Keep the distinction clear
An impact fee differs from a property tax, user fee, or special assessment. Florida law imposes requirements on its calculation and use.
Related terms
Special Assessment · Concurrency · Comprehensive Plan
Keep studying
References: Florida Statutes 163.31801
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