The City of Jackson Heights requires all developers to pay an impact fee that is the same for all developers regardless of the size of the subdivision. Discuss whether the city's fee structure is appropriate


?The fees have to be tied to needs that arise because of the development. If the same fees are charged regardless of size then the city is collecting fees and not tying the assessment to the need for schools, fire, police, etc.

Business

You might also like to view...

Answer the following statements true (T) or false (F)

1) The payback and accounting rate of return (ARR) methods are suitable for investments with a relatively short time span. 2) The payback and accounting rate of return methods are often used to perform an initial screening of investments. 3) The payback method provides management with valuable information about the time period in which the cash invested will be recouped. 4) The net present value and internal rate of return methods are appropriate for longer-term investments because they ignore the time value of money. 5) Cash inflows include future cash revenue generated from an investment and any future residual value of the asset but exclude any future savings in ongoing cash operating costs resulting from the investment.

Business

KFC and Pizza Hut are examples of distributorship

Indicate whether the statement is true or false

Business

An employee earns $9,450 for the current period. The cumulative earnings of previous pay periods is $118,700. Social security tax applies to the first $127,200 of employee earnings. Calculate the total and individual amounts to be withheld for social security (6.2%), Medicare (1.45%) and federal income tax (15%).

What will be an ideal response?

Business

April carelessly parks her car on a steep hill, leaving the car in neutral and failing to engage the parking brake. The car rolls down the hill, knocking down an electric line. The sparks from the broken line ignite a grass fire. The fire spreads until

it reaches a barn one mile away. In the barn is a cache of dynamite, and the burning barn explodes, causing part of the roof to fall on and injure a passing motorist, Hideaki. Can Hideaki recover from April? Why or why not?

Business