Impact Fees May 2025 - Fact Sheet

full financial burden to long-time residents. “

Impact fees are a vital tool for sustainable community planning. They ensure that development is supported by adequate infrastructure and services, without shifting the

WHAT ARE IMPACT FEES? Impact fees are charges assessed on new development projects. These fees help fund the public infrastructure and services necessary to accommodate population growth and increased demand. WHY ARE IMPACT FEES IMPORTANT? As communities grow, additional public services and infrastructure are required. Impact fees help defray the cost of growth — instead of solely placing the financial burden on existing residents. HOW MUCH HAS DAYTONA BEACH’S POPULATION GROWN IN RECENT YEARS? The number of residents has increased by 18% since the 2020 census. The city’s estimated population is 85,000, reflecting an increase of more than 13,500 residents from 2020’s census count of 71,488. WHAT DO IMPACT FEES SUPPORT? Impact fees help fund a range of essential public services, including: Roads & Transportation Infrastructure Water & Sewer Systems Public Parks & Recreation Facilities Public Safety (Police, Fire, EMS, etc.)

WHO PAYS IMPACT FEES? Impact fees are NOT charged to current residents or property owners.They are paid by developers when new homes, businesses or buildings are constructed. This approach ensures that the cost of growth is shared fairly and responsibly by those who create the demand for new services. Impact fees are NOT paid on verified affordable housing projects HOW DO IMPACT FEES BENEFIT THE COMMUNITY? Ensures infrastructure keeps pace with development Promotes fairness in how public service costs are distributed Reduces the need to raise taxes for existing residents Helps maintain quality of life as the community expands Impact fees are a vital tool for sustainable community planning. They ensure that development is supported by adequate infrastructure and services, without shifting the full financial burden to long-time residents. ✓ ✓ ✓ ✓

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City of Daytona Beach | DaytonaBeach.gov/ImpactFees

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