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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>347966</law_id><section_number>15.2-2325</section_number><catch_line>Updating plan and amending impact fee</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="46" identifier="15.2">Counties, Cities and Towns</unit><unit label="subtitle" level="2" order_by="2" identifier="II">Powers of Local Government</unit><unit label="chapter" level="3" order_by="15" identifier="22">Planning, Subdivision of Land and Zoning</unit><unit label="article" level="4" order_by="10" identifier="8">Road Impact Fees</unit></structure><text>
						<section><p>The <span class="dictionary">locality</span> shall update the needs assessment and the assumptions and projections at least once every two years. The <span class="dictionary">road improvement</span> plan shall be updated at least every two years to reflect current assumptions and projections. The <span class="dictionary">impact fee</span> schedule may be amended to reflect any substantial changes in such assumptions and projections. Any <span class="dictionary">impact fees</span> not yet paid shall be assessed at the updated rate.</p></section></text><history>1989, c. 485, &#xA7; 15.1-498.8; 1997, c. 587; 2007, c. 896.</history><metadata></metadata></law>
