An Empirical Study of Adopting Development Impact Feesin U.S. Metropolitan Cities
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This research examines what characteristics of cities affect impact fee decisions by local governments within metropolitan regions using data from the U.S. Census Bureau. More and more cities are adopting different types of impact fees for financing public facilities and infrastructure with their cities’ growth upon which to base their decisions. To explore what overall characteristics of cities of U.S. metropolitan regions affect the adoption of impact fees, a research design is developed that randomly select 276 cities out of 827 cities having population exceeding 25,000 in the 97 Metropolitan Statistical Areas having populations exceeding 500,000 from the total 361 Metropolitan Statistical Areas. Empirical evidence should indicate that impact fee adoption relates to forms of local government, geo-demographic characteristics, local financial and unemployed conditions. Binary logistic regression is employed to provide information for local governments to seek or create their own fiscal policies to finance public facilities and infrastructure. The forms of local government are not statistically significant to the adoption of impact fees; however, the geo-demography of cities and local financial and unemployed conditions are important to explain impact fee adoptions. These findings have inspired additional research to examine the relationship between local economic growth and the adoption of impact fees.
Abstract
This research examines what characteristics of cities affect impact fee decisions by local governments within metropolitan regions using data from the U.S. Census Bureau. More and more cities are adopting different types of impact fees for financing public facilities and infrastructure with their cities’ growth upon which to base their decisions. To explore what overall characteristics of cities of U.S. metropolitan regions affect the adoption of impact fees, a research design is developed that randomly select 276 cities out of 827 cities having population exceeding 25,000 in the 97 Metropolitan Statistical Areas having populations exceeding 500,000 from the total 361 Metropolitan Statistical Areas. Empirical evidence should indicate that impact fee adoption relates to forms of local government, geo-demographic characteristics, local financial and unemployed conditions. Binary logistic regression is employed to provide information for local governments to seek or create their own fiscal policies to finance public facilities and infrastructure. The forms of local government are not statistically significant to the adoption of impact fees; however, the geo-demography of cities and local financial and unemployed conditions are important to explain impact fee adoptions. These findings have inspired additional research to examine the relationship between local economic growth and the adoption of impact fees.
참고문헌 (58)
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