The spending of money to construct capital facilities is one of the most important and powerful means of implementing a local comprehensive plan.
The timing, location, intensity, and quality of growth is closely linked to and indeed controlled by decisions affecting the construction of essential public infrastructure and the capacity of a community to fund a capital improvement program. Another important consideration for plan implementation is the manner in which funds are raised for infrastructure development. The sharing of the burden of infrastructure financing between established land uses and new development can affect housing affordability, economic development efforts, levels of public services, and competition for tax base with adjoining jurisdictions. Shifting from traditional broad-based funding solutions to development exaction can raise difficult and complex questions of fairness and legality.
Please go to our Impact Fee Resources page on hbade.org for more valuable tools and information.