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The city of Kissimmee is considering increasing impact fees by over 50%, citing “extraordinary circumstances.” Impact fees are one-time fees local governments may charge a developer to cover a ...
A Florida homeowners’ association (HOA) is using a legal loophole to bypass a state law and prevent homeowners in its community from parking their pickup trucks or work vehicles in their driveways.
Today, impact fees have become a widely used method. About 60% of all cities with over 25,000 residents along with 40% of metropolitan counties use impact fees on new developments for public services or infrastructure. In some states such as Florida, 90% of communities use impact fees.
As a result, older and more inexpensive vehicles will have a low registration fee, whereas newer and more expensive vehicles will have fees in the hundreds of dollars. There is also a federal Heavy Vehicle Use Tax (HVUT) or truck tax, for vehicles with gross weights of 55,000 pounds or more, including trucks, truck tractors and buses.
The rationale for imposing the exaction is to offset the costs, defined broadly in economic terms, of the development to the municipality. [2] Exactions are similar to impact fees , which are direct payments to local governments instead of conditions on development.
Florida insurance costs three times the national average, which clocks in at $1,759 per year for $250,000, according to Bankrate. While HOA fees can vary greatly from building to building, the ...
Exceptions: Recreational vehicles, vehicles displaying restricted plates, or government-owned vehicles. Optional: Trucks or truck tractors, or combinations of vehicles having a gross vehicle weight of 26,000 pounds (11,793.401 kilograms), or less. [2]
External costs which can arise from using cars and trucks in everyday life are of different kinds (covering also material costs such as damages to buildings and materials), but health costs are the most common. In this case cars might cause cardiovascular and respiratory diseases. [11] Such costs have to be paid by the society as a whole. [8]