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Housing Impact Study

Housing Impact Study

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Categories:Types, Research
Published by: St. Louis Public Radio on Feb 21, 2011
Copyright:Attribution Non-commercial

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512.892.0205Fax 512.892.2569
 jwalker@onr.com
4709 Cap Rock DriveImpact DataSourceAustin, Texas 78735
The Fiscal Impact of Five New Residential Subdivisions inthe Greater St. Louis Area
Prepared by:June 3, 2004
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This study was funded and prepared at the request of the Urban Choice Coalition. For moreinformation on the Urban Choice Coalition, please visit their website at www.urbanchoice.org.The Urban Choice Coalition and Impact DataSource would like to express their gratitude toJames Moody who reviewed and provided comments on this study. Moody is the former budgetdirector for the State of Missouri and is widely known for his expertise on the fiscal matters of government.
Funding for This StudyAcknowledgement
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Executive Summary ……………………………………………………………………4Introduction ............................................................................................................10 Local Development Policies ...................................................................................13Types of Economic Impacts Provided by the Subdivisions ...................................14Types of Revenues for Local Taxing Districts .......................................................16Winghaven ............................................................................................................18Villages of Dardenne .............................................................................................33Winter Valley .........................................................................................................46Chesterfield Farms ................................................................................................59Summit Ridge ........................................................................................................74Summary of the Fiscal Impact of Five Subdivisions ..............................................88Conduct this Analysis ………………………………………………………………93Bonding Capacity Supported by the Subdivsions ………………………………97About Impact DataSource ……………………………………………………………99Appendix A:Schedules Showing Property Tax and Sales Tax Rates andCalculations of Annual Public Costs and Other Revenues fromExisting Residents ……………………………………………………………100Appendix B:Sources of Data and Explanations of Calculations in this Report ……150
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