Land Use & Zoning

What is an impact fee in land development?

AA fine for environmental impact
BA charge imposed on developers to fund public infrastructure improvements necessitated by new development✓ Correct
CA property tax increase for new development
DAn environmental mitigation fee

Explanation

Impact fees are charges levied on new development to fund the cost of public infrastructure (roads, schools, parks, utilities) needed to serve the new development. They are based on the development's proportionate impact.

Related Ohio Land Use & Zoning Questions

Practice More Ohio Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Ohio Quiz →