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New report quantifies the fiscal costs of population growth

January 8, 2013 • United States, Daily Email Recap

New report quantifies the fiscal costs of population growth
See: http://www.cvilletomorrow.org/news/article/13784-costs_of_growth/

A new report produced for Advocates for a Sustainable Albemarle Population says that continued population growth in Charlottesville and Albemarle County would only increase the fiscal challenges faced by local government.

It also argues that “smart growth” strategies and economic development efforts to recruit even targeted industries are “doomed to fail” in a fiscal analysis that examines the full cost-benefits.

“I think we have long used a drug that we thought would cure our ills, and the drug is growth,” said Jack Marshall, ASAP’s president.  “This drug has side effects and its probably not a drug that is appropriate for most communities in America.  It’s time to reconsider that drug’s claims for what it can do.”

Using publicly available government data for the fiscal years between 2006 and 2009, the study examines the fiscal costs and benefits of population growth in the city of Charlottesville and Albemarle County.

Various land use categories – like residential, commercial, industrial and agriculture – were examined to determine if they pay their own way for the public services required.

The report concludes, “few land uses pay their way … because new area residents require services that increase local government costs at a level greater than the additional local revenue they contribute.”

To read the full article, please click here: http://www.cvilletomorrow.org/news/article/13784-costs_of_growth/


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