Impact fee

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Monetary policy Bank reserves requirements Discount window Gold reserves Interest rate Monetary authority central bank currency board Monetary base Monetary (currency) union Money supply
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An impact fee is 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.^[1] 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.^[2] 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.^[1]