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The Root of Local Government Revenue

Local governments are defined by their geographic boundaries. Property taxes are a function of the assessed value of the land within the jurisdiction. Sales tax revenues are often partially determined by how many and the types of merchants in the jurisdiction. Often, when considering a new development, the primary concerns are remaining in compliance with laws, administering building codes, meeting demand for new development, in addition fulfilling mobility, parking and greenway goals. However, many governments do not fully explore the connection between their land use choices and the long-term financial health of their locality from a revenue or cost perspective. Property tax revenue is typically not structured to cover ongoing capital costs which creates an unsustainable funding structure. As a result, many local governments have difficulties funding infrastructure maintenance and replacement.

Learning Objectives

  • Using available and new technology inside government to geospatially analyzing financial systems
  • Rethinking revenue structures
  • How to educate citizens and city leadership to “do the math” and visualize public policy to ensure a sustainable financial future for a city.
  • Understand the future revenue impacts of new proposed developments at a city wide and parcel level perspective and the impact on the cities bottom line.

When:
November 21, 2022 | 2:00 pm - 3:00 pm ET

Credits: 1.00

Member Price: $35.00
Non-member Price: $70.00

When
11/21/2022
Where
Interactive Internet training
Online registration not available.

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