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Neptune Beach explores impact fees to help fund capital improvement projects
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Neptune Beach explores impact fees to help fund capital improvement projects
Neptune Beach is exploring new development impact fees to fund future capital projects, part of an effort by city officials to address long-term revenue gaps and debt tied to the city’s utilities. Impact fees are one-time charges on new residential and commercial construction collected at permitting. Under Florida law, impact fees can be used only to fund new infrastructure capacity required to facilitate future growth, including roads, parks, …
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