About the Data
The data provided in this dashboard is provided by a report generated in Cognos, a business intelligence tool used by the City. Development impact fee data is uploaded into Socrata manually on a yearly basis.
What is a development impact fee (DIF)?
A development impact fee (DIF) offsets the adverse impacts of any new development that occurs within the community. The fee is assessed by determining by the type, size, and location of the development for the permit issued, as well as the extent or degree to which each type of development generates a demand for various public facilities. Development impact fees collected by the City are placed in a special fund and are used solely for public facilities specifically defined or generally described in the Development Impact Fee Plan.
For example, all development generates increased vehicular traffic and places a greater demand for emergency services, and should therefore share in the cost of transportation and emergency services projects within the community.
Why is this important?
The amount of development impact fees that are collected by the City is an effective demonstration of the amount of new development and growth occurring within Corona, such as the construction of new homes or office spaces. As development impact fees are collected, it can be assumed that the value of the City is increased as improvements to the community continue to be made.