How a community grows and develops directly impacts a local government’s budget and its ability to provide services residents rely on. To further explore the impacts different types of development have on a local government’s bottom line, the Local Government Commission partnered with Urban3 and the Council of Infill Builders to evaluate the property tax revenues generated by existing developments in six San Joaquin Valley cities – Modesto, Turlock, Merced, Fresno, Clovis, and Visalia.
The Valuing Downtowns factsheet (PDF) provides a summary of the work performed in the six San Joaquin Valley communities and describes how other communities can perform similar studies.
ADDITIONAL RESOURCES:
Presentations by Joe Minicozzi and other speakers are available for download for the following events:
September 4, 2013
September 5, 2013
ARTICLES:
Invest in Downtown – Turlock Journal: PDF | HTML
Build up Downtown to Boost Tax Revenue – Modesto Bee: PDF
To learn more about the Local Government Commission’s work on understanding the economics of land use decisions and how it affects a local governments bottom line, please visit: Economic Impacts of Development