Many communities are using or considering the use of traffic impact fees as a method to help finance construction of roads required because of new development. Such fees are intended to reflect the demand for road capacity which new development generates. However, there is little analysis of the appropriate role of impact fees in the financing of public infrastructure. The literature on impact fees indicates that there are many methods used to implement the fees and much discussion of the methods. Most formulas in use start with estimates of the trip generation rate for different types of development. These estimates of trip generation rate then may be adjusted to more accurately reflect the demand which will be placed on road capacity. Some of the factors which will affect the demand for road capacity are average trip length, percentage of trips which represent new trips, and peak versus off-peak generation of trips. Data on some of these factors are available, but they are not as uniformly available nor as reliable as the estimates of trip generation rates. There is broad agreement that where traffic impact fees are used they should be uniform and predictable, but there is a trade-off between this goal and the goal of accurately charging for the traffic impact of specific development projects. While many jurisdictions use traffic impact fees, there is little analysis of the efficiency incentives which would be generated by this use of the price system.
Congestion Management: Travel Behavior and the Use of Impact Fees. Volume 2. Traffic Impact Fees. Issues Regarding Calculation and Efficiency
1993
61 pages
Report
No indication
English
Transportation & Traffic Planning , Transportation , Road Transportation , Traffic congestion , Traffic management , Trip forecasting , Transportation pricing , Efficiency , Traffic models , Transportation planning , Travel demand , Traffic volume , Travel patterns , Trip frequencies , Trip chaining
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