City Fiscal Structures And Land

9 April 2003 - 6:00am

A new report examines the relationship between cities' decisions regardingland redevelopment and their underlying fiscal structures.

Cities pursue land development and vacant land conversion to boost competitiveness, enhance citizens' quality of life, and improve the city's fiscal fortunes... This paper probes the relationship between cities' decisions regarding land redevelopment and their underlying fiscal capacity and revenue structures. The study is informed by macro-level statistics on city finances from the Census of Governments and the National League of Cities, and by micro-level data from three cities with different general tax structures.

Source: The Brookings Institution, April 8, 2003
Bookmark and Share
It's all too easy for projects to claim that they will be successful places, and all too hard to tell ahead of time which ones actually will.