Local Government and Development

Introduction to Impact Fees and Exactions Impact fees and exactions represent critical financial mechanisms employed by local governments in Illinois to fund infrastructure advancements necessitated by new development projects. At their core, impact fees are charges levied on developers, designed to offset the costs incurred by municipalities in expanding and improving public services, such as […]

Introduction to Impact Fees and Exactions Impact fees and exactions are essential financial mechanisms employed by local governments in Colorado to support the funding of public infrastructure necessitated by new development projects. Impact fees are charges levied on developers, designed to cover the costs of public facilities and services that will be required as a