Land Use & Zoning

What is 'impact fee' and how is it used in Kansas development?

AA fine for environmental damage during construction

BA charge imposed on new development to offset the costs of providing public infrastructure and services (roads, schools, parks) made necessary by the development✓ Correct

CA tax on property sales in newly developed areas

DA fee for zoning variance applications

Explanation

Impact fees are one-time charges on new development assessed by local governments to fund infrastructure improvements necessitated by the new development — roads, schools, parks, utilities. They ensure growth pays for itself.

People Also Study

Key Terms to Know

Zoning

Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.

Variance

Official permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.

Comparable Sales (Comps)

Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.

Closing Costs

Fees and expenses paid by the buyer and/or seller at the closing of a real estate transaction, in addition to the property's purchase price.