An impact fee is a fee that is imposed by a local government on a new or proposed development project to pay for all or a portion of the costs of providing public services to the new development. Impact fees are considered to be a charge on new development to help fund and pay for the construction or needed expansion of offsite capital improvements. These fees are implemented to help reduce the economic burden on local jurisdictions that are trying to deal with population growth within the area.
Impact fees are very common in Washington State, and generally pay for less than half the cost of any growth-related project, meaning the existing community still pays a large portion of project costs for infrastructure related to growth.
The City of Ferndale currently charges transportation and park impact fees. The City also ensures any required school impact fees are paid to the Ferndale School District prior to building permit issuance.
School Impact Fees (Ord. 1300): $1,100 per Single Family Residence Dwelling Unit; $550 per Multifamily Dwelling Unit