Impact Fee

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Definition: Impact Fee

Impact Fee
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Full Definition of Impact Fee

Private developers pay this fee to the city for permission to start a project. The money helps the city build infrastructure, such as sewers, for the new development.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/impact-fee/
Modern Language Association (MLA):
Impact Fee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/impact-fee/.
Chicago Manual of Style (CMS):
Impact Fee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/impact-fee/ (accessed: April 20, 2024).
American Psychological Association (APA):
Impact Fee. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/impact-fee/

Definition Sources

Definitions for Impact Fee are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.