The Effects of Land Development on Municipal Finance

The Effects of Land Development on Municipal Finance PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This review presents a conceptual model to understand and trace the effects of land development on municipal expenditures and revenues. It includes discussion of the how local voters determine levels of expenditures and levels of service subject to external constraints. It also discusses the production function of local public services. This review and model can serve as a basis for evaluating fiscal projections for land development proposals. It finds that direct fiscal impacts measured in most fiscal impact analysis techniques are only a subset of the types of impacts that would likely be expected to result from land development within a community.

The Effects of Land Development on Municipal Finance

The Effects of Land Development on Municipal Finance PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This review presents a conceptual model to understand and trace the effects of land development on municipal expenditures and revenues. It includes discussion of the how local voters determine levels of expenditures and levels of service subject to external constraints. It also discusses the production function of local public services. This review and model can serve as a basis for evaluating fiscal projections for land development proposals. It finds that direct fiscal impacts measured in most fiscal impact analysis techniques are only a subset of the types of impacts that would likely be expected to result from land development within a community.

Municipal Revenues and Land Policies

Municipal Revenues and Land Policies PDF Author: Gregory K. Ingram
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442085
Category : Political Science
Languages : en
Pages : 535

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Book Description
"Proceedings of the 2009 Land Policy Conference."--Cover.

The Land Use Implications of Alternative Municipal Financial Tools

The Land Use Implications of Alternative Municipal Financial Tools PDF Author: Enid Slack
Publisher: Intergovernmental Committee on Urban and Regional Research,$c1993.
ISBN:
Category : City planning
Languages : en
Pages : 74

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Book Description
The first section of this paper presents a model of local government finance based on the benefits received from local government services. It includes discussion of the role of local government and the appropriate financing tools to carry out this role. The second section reviews the sources of revenues used by municipal governments, outlines recent trends in the use of these revenues, and evaluates the extent to which these trends have been consistent with the benefit model of local finance. The third section reviews planning tools used by municipal governments, highlights recent trends in planning, and discusses the relationship between planning and municipal finance. The fourth section analyzes the impact on land use decisions of three sources of revenue currently used by Canadian municipalities: user fees, property taxes, and development charges. The fifth section considers the potential impact of two sources not currently used: site value taxes and land value capture taxes. The sixth section summarizes the findings and discusses the implications of using tax policy to achieve land use objectives.

Guide to Municipal Finance

Guide to Municipal Finance PDF Author: Naomi Enid Slack
Publisher: UN-HABITAT
ISBN: 9211321131
Category : Municipal finance
Languages : en
Pages : 90

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Book Description


Municipal Finance and Future Land Use Planning

Municipal Finance and Future Land Use Planning PDF Author: Tom Baldwin
Publisher:
ISBN:
Category : Land use
Languages : en
Pages : 48

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Book Description


The Fiscal Impact Handbook

The Fiscal Impact Handbook PDF Author: David Listokin
Publisher: Routledge
ISBN: 1351482734
Category : Business & Economics
Languages : en
Pages : 588

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Book Description
The Fiscal Impact Handbook is a unique manual detailing practical methods for determining the full range of revenues and costs associated with residential and nonresidential growth. Planners, economists, businessmen, administrators, financial officers, assessors, community groups, private organizations, and those interested in the fiscal consequences of growth and non-growth will find The Fiscal Impact Handbook indispensable. Fiscal impact methods are presented in a clear, step-by-step format and are capable of being carried out by the practicing planner with minimal procedural problems.The manual is designed as a basic tool to be used for projections of direct, current public (and private) costs and revenues resulting from population or employment change to the local jurisdiction in which change is taking place. Standardized methods are presented with attention paid to the underlying assumptions, limitations, and applicability of these methods. Necessary factors affecting the planning and legal framework and documentation of key data input are covered for proper utilization of fiscal impact methods.Detailed examples are given to the six flexible methods, presented with suggestions on how they can be modified by the user to meet requirements. In addition, current computer models of analysis are evaluated for operational needs and benefits. Included also is a comprehensive bibliography of the cost-revenue field and an index for quick, easy reference. This is an invaluable work for urban analysts, planners, and developers written by two of the top minds in the field of urban policy.

The Impact of Municipal Finance and Governance on Urban Sprawl

The Impact of Municipal Finance and Governance on Urban Sprawl PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
If residents of the outlying areas are charged the higher marginal cost of services provided to them (the cost of resources to society of producing an additional unit of the good or service) and residents of the central, more densely populated areas are charged the lower marginal cost of services provided to them, the result will be an efficient pattern of development. [...] Where the benefits of services (such as water and sewers) to a particular property are not fully charged to it, the difference between the benefits and the costs will be capitalized into the land value. [...] The calculation of the development charge cannot be based on a level of service that exceeds the average level of service provided in the municipality over the last ten years. [...] In the absence of a development charge, the developer considers only the private costs and benefits of alternative locations and does not consider the impact of the development on the municipality's costs of providing services. [...] A development charge that is the same amount per unit regardless of the where the unit is located will not reflect the true costs of the development to the municipality and will not lead to efficient development decisions.

Public Infrastructure, Private Finance

Public Infrastructure, Private Finance PDF Author: Demetrio Muñoz Gielen
Publisher: Routledge
ISBN: 1351129147
Category : Architecture
Languages : en
Pages : 258

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Book Description
Traditionally, the public sector has been responsible for the provision of all public goods necessary to support sustainable urban development, including public infrastructure such as roads, parks, social facilities, climate mitigation and adaptation, and affordable housing. With the shift in recent years towards public infrastructure being financed by private stakeholders, the demand for transparent guidance to ensure accountability for the responsibilities held by developers has risen. Within planning practice and urban development, the shift towards private financing of public infrastructure has translated into new tools being implemented to provide joint responsibility for upholding requirements. Developer obligations are contributions made by property developers and landowners towards public infrastructure in exchange for decisions on land-use regulations which increase the economic value of their land. This book presents insight into the design and practical results of these obligations in different countries and their effects on municipal financial health, demonstrating the increasing importance of efficient bargaining processes and the institutional design of developer obligations in modern urban planning. Primarily written for academics in land-use planning, real estate, urban development, law, and economics, it will additionally be useful to policy makers and practitioners pursuing the improvement of public infrastructure financing.

The Fiscal Impact Guidebook

The Fiscal Impact Guidebook PDF Author: Robert W. Burchell
Publisher:
ISBN:
Category : Cities and towns
Languages : en
Pages : 644

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Book Description


Regulation for Revenue

Regulation for Revenue PDF Author: Alan A. Altshuler
Publisher: Brookings Institution Press
ISBN: 9780815791270
Category : Political Science
Languages : en
Pages : 194

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Book Description
Over the past two decades Americans have become increasingly skeptical about the benefits of community growth and hostile to new taxes--while continuing to demand improvements in local services. One response to this tension has been a burgeoning movement to raise public revenue by regulating growth. In this timely book, the authors explain that most growing localities now require private developers to finance public improvements as a condition for receiving permits to build. These permit conditions, known as "exactions," are most commonly used to ensure that infrastructure capacity will be adequate to serve the occupants of new real estate developments and to lessen the harmful effects of these developments on other local citizens. Exactions are often used to finance new roads, water and waste disposal facilities, and public open space, but some communities have begun to require developer financing for such services as day care, job training, low-cost housing, and ride sharing. The authors see the dramatic growth of exaction financing as an epochal shift in the character of American land use regulation. A function once isolated from the local government mainstream is now close to heart of fiscal and public works decisionmaking. Politicians find exactions an extremely valuable tactic for resolving land use conflict. Lawyers and developers worry about how to establish appropriate limits on the use of exaction, economists debate their equity and efficiency, and planners consider their effect on urban reform. Regulation for Revenue offers an integrated appraisal of exaction financing, showing that exactions come in many forms and that they can be meaningfully evaluated only by comparison with realistic alternatives. These include growth restrictions, tolerance of infrastructure overload, and increased tax and user charges.