Concurrency

Abstract

Concurrency is an infrastructure finance and growth management policy implemented by local government. It is a policy designed to match public facilities and private development. When implemented, concurrency policy withholds land development approval unless selectedfacilities and services exist in accordance with locally adopted level of service standards by the time the impacts of land development on thosefacilities occur Concurrency is the latestpolicy in a cumulative series of land use regulations by local governments that requires developers to pay for infrastructure needed to serve new urban land development. Concurrency policies offer an effective supplement to development impact fees and land use regulations typically employed by local governments today. Local governments may find concurrency a viable growth management tool as well as an infrastructure management alternative, but local officials should be aware how the unintended consequences and actual outcomes of concurrency may differ from the best intentions of policy makers.