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impact fees

Wikipedia defines impact fees as “a fee that is imposed by a local government within the United States on a new or proposed development project to pay for all or a portion of the costs of providing public services to the new development. Impact fees are considered to be a charge on new development to help fund and pay for the construction or needed expansion of offsite capital improvements. These fees are usually implemented to help reduce the economic burden on local jurisdictions that are trying to deal with population growth within the area.”

Impact fees are used by the local government to pay for public services like water treatment, roads, parks, schools, fire stations, utilities, and transportation.

Each municipality in Florida has its own set of impact fees:

Hillsborough County has three impact fees (parks, schools and fire systems), plus a mobility fee for transportation:

Pasco County’s fees are similar to Hillsborough but also include hurricane and library:—Effective-1-1-18?bidId=

Pinellas County fees require a few calculations:

Impact fees are paid one time, usually at the same time as the building permit.

Although impact fees do add to the total cost to build your house, you can also view them as an investment in the community. Reliable first responders, nice parks, and roads without potholes are just a few of the benefits you will get back in return.

For assistance calculating the impact fees for your lot, contact All State Homes.

Read about the other major costs associated with building on your lot

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