Which funding method is characterized by the statement "those benefiting from projects should pay for it"?

The funding method characterized by the statement "those benefiting from projects should pay for it" aligns with the principle of intergenerational equity. This principle emphasizes that the costs of public projects should be distributed fairly among those who benefit from them, ensuring that current and future generations share the costs in a way that reflects their usage or benefit from the city services, infrastructure, or projects funded.

Intergenerational equity promotes the idea that funding mechanisms should not impose unfair financial burdens on future generations who may not receive equivalent benefits from the financed projects. In essence, it seeks to connect the responsibility for financing projects to those who receive the services or benefits, fostering a sense of fairness in public fiscal management.

Other funding methods, while they may involve aspects of user fees or direct payments, do not specifically encapsulate the concept of sharing costs across generations or linking payment to the direct benefits accrued by individuals or groups from specific projects as clearly as intergenerational equity does. This principle is fundamental in discussions about how to fund public goods and services in a fair and equitable manner.