Municipal Finance

Introduction to Impact Fees and Exactions Impact fees and exactions are essential financial mechanisms employed by municipalities to ensure that new developments contribute appropriately to the infrastructure and services they will utilize. Generally speaking, impact fees are charges levied on developers to pay for the capital costs associated with the additional demand placed on public … Read more

Introduction to Impact Fees and Exactions Impact fees and exactions are financial tools used by municipalities in Louisiana to mitigate the effects of new development on existing infrastructure and public services. These fees are intended to ensure that the costs associated with growth, such as the need for additional roads, schools, and public utilities, are … Read more