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Full-Text Articles in Public Administration
Financing Public Infrastructure: A Case Study On Whether Development Impact Fees & Exactions Or Property Taxes Should Be Used To Support The Financing Of New Public Infrastructure, John P. Korkosz
UNLV Theses, Dissertations, Professional Papers, and Capstones
Development impact fees and exactions are financing mechanisms that local governments increasingly use to finance the cost of public infrastructure. The primary reason that local governments favor development impact fees and exactions to finance public infrastructure is that the costs associated with growth falls on developers. Two legal cases --Golden v. The Planning Board of The Town of Ramapo, New York and the Construction Industry Association of Sonoma County v. The City of Petaluma, California-- serve as the basis for the support of development impact fees and exactions as a method to manage growth (So & Getzels: 53, 1988).