Impact Fees
What are Transportation Impact Fees?
Transportation Impact Fees are a financing tool approved by the Washington State Legislature as part of the Growth Management Act of 1990. Impact fees are charged to developers of new construction to pay for part of the cost to build roads and other traffic improvements that are needed because of new growth in our community. Olympia has charged Transportation Impact Fees since 1995.
Staff Recommendation:
On July 14, 2009, City Council approved an ordinance implementing a Transportation Impact Fee rate of $2,559 for the remainder of 2009, based on the following:
- Use the current 6-year planning horizon for the remainder of 2009 and then consider using a 20-year planning horizon starting in 2010.
- Include the median in the Log Cabin Road Extension project in the calculation of Transportation Impact Fees for 2009.
- Modify our current Transportation Impact Fee rate schedule to reflect the revised project cost estimates for the 6-year project list, and collect at the maximum allowable rate of 65.2%.
- Provide for the option to defer payment of impact fees prior to final building inspection.
- Modify the Transportation Impact Fee Rate Schedule to create a single Downtown shopping center fee for the land uses of retail stores; restaurants; convenience markets; supermarkets; video rentals; banks; health clubs; daycares; and libraries.
For more information contact
- Dave Smith, Transportation Project Engineer II
- Olympia Public Works P.O. Box 1967 Olympia, WA 98507-1967
- Phone: 360.753.8496 TTY: 360.753.8270
- publicworks@ci.olympia.wa.us