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Indian River County Impact Fee Study Final Report - irccdd.com

Indian River County Impact Fee Study Final Report - irccdd.com

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<strong>Impact</strong> <strong>Fee</strong> vs. Tax<br />

• An impact fee<br />

– is not a tax<br />

– is regulatory in nature<br />

• “Proportionality” required:<br />

– “Need” sufficiently attributable to<br />

new development<br />

– <strong>Fee</strong>s “earmarked” for the<br />

substantial benefit of new<br />

development

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