Ron Beitler recently made this point in a blog post discussing how preserving green space helps keep local property taxes low. Economic impact studies consistently show that building new housing subdivisions cost local taxpayers between $1.04 and $1.67 for every new $1 in revenue they generate (depending on the type of housing, its location, etc.). The private developers who build wherever and whenever they can do not bear these costs, taxpayers do…forever.
Fiscal responsibility means paying attention to facts about what policies lead to higher taxes. Reigning in uncontrolled tract home development is one of the many things our community can do to stop rising school costs.
(For more information about the economic benefits of smart growth, see the recent “Building Better Budgets” report that summarizes the findings of 17 different studies nationwide.)