This PowerPoint presentation was given by Rob Bradley of the Institute for Energy Research, at the Texas Public Policy Foundation’s policy primer, “Wind Energy: Power for the Future or a Lot of Hot Air?”
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...