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Good evening, Class, we are half way there! In Miami-Dade County, impact fees have emerged as a significant concern, particularly in the context of local
Good evening, Class, we are half way there! In Miami-Dade County, impact fees have emerged as a significant concern, particularly in the context of local governments' efforts to bolster their budgets and support infrastructure development. Impact fees are charges imposed on developers by local governments to mitigate the effects of new construction on public services and amenities, such as roads, schools, parks, and utilities. These fees are often seen as a necessary source of revenue for financing essential infrastructure upgrades and managing the impacts of growth. However, the imposition of high impact fees has sparked debates and tensions within the construction and development sectors. Many builders and developers argue that these fees have reached levels that are not only burdensome but also counterproductive to the goal of fostering sustainable growth. They contend that excessive impact fees can deter investment in new projects, limit housing affordability, and ultimately stifle economic development in the region. In my immediate area within Miami-Dade County, the issue of impact fees has been a topic of frequent discussion and advocacy among stakeholders. Builders, in particular, have been vocal in their demands for caps or reductions on impact fees. Their concerns stem from the belief that high
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