Table of Contents
Measuring the Costs and Benefits of Development
Why?
Outline of Talk
Fiscal Effects of Residential Development
How does residential development affect --
Cost of Community Services Studies
COCS Ratios
Cost of community service studies considers two
components
Fiscal impact analysis considers the three components
jointly
Fiscal impact analysis vs. cost of community service
(COCS) studies
Component 1: Housing and Population
What we need to know about housing
What we need to know about population
Housing affects population
Component 2: The Local Economy
Population affects labor force which affects
employment
The economic multiplier
Component 3: Local Government
Revenues and expenditures
Direct Fiscal Costs and Benefits of Population
Increase
Fiscal Benefits from Economic Multiplier
The effect of one more house?
Fiscal effects at the margin
Per capita expenditures generally decline then rise
as population increases
Why?
Growth Rate of Development
Growth Rate and Per Capita Capital Costs
Effects of Population Characteristics
Effects of Development Pattern
Raising the density of housing generally lowers per
capita expenditures of local government
A computer-based fiscal impact model for Ohio
PPT Slide
Other Considerations
Changes in Land Values
Changes in Land Values (cont.)
Pattern of Development
Changes in Land Values (cont.)
Non-Market Values
Effects of Residential Development on Local
Communities
Outreach Services |