@clmarohn | @strongtowns SUPPORT A MODEL OF DEVELOPMENT THAT ALLOWS - - PowerPoint PPT Presentation

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@clmarohn | @strongtowns SUPPORT A MODEL OF DEVELOPMENT THAT ALLOWS - - PowerPoint PPT Presentation

Jan 13, 2024 174 likes •532 views

Charles L. Marohn, Jr. PE AICP @clmarohn | @strongtowns SUPPORT A MODEL OF DEVELOPMENT THAT ALLOWS AMERICA'S CITIES, TOWNS AND NEIGHBORHOODS TO BECOME FINANCIALLY STRONG AND RESILIENT Road Improvement Project $6,600 cost per property 50%

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Charles L. Marohn, Jr. PE AICP @clmarohn | @strongtowns

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SUPPORT A MODEL OF DEVELOPMENT THAT ALLOWS AMERICA'S CITIES, TOWNS AND NEIGHBORHOODS TO BECOME FINANCIALLY STRONG AND RESILIENT

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Local Street Project

Road Improvement Project

  • $6,600 cost per property
  • 50% of costs assessed
  • 37 years to recoup public contribution

from adjoining tax base

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Local Road Rehabilitation

Road Maintenance Project

  • $354,000 total cost
  • 79 years to recoup public expense

from tax base

  • To break even requires a 46%

increase in property tax rates

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Industrial Development

Industrial Park Development

  • $2.1 million inflation-adjusted total cost
  • $6.6 million in improvements induced
  • Payback from current conditions happens in

29 years if all revenue devoted only to debt

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Growth Ponzi Scheme

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Growth Ponzi Scheme

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Growth Ponzi Scheme

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High Return Investments

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$1,136,500 $803,200

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$1,136,500 $803,200 $1,104,500

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$1,136,500 $803,200 $1,104,500 $618,500

  • 23%
  • 3%
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High Return Investments

Auto Oriented $0.6 million/acre Traditional Pattern $1.1 million/acre

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Buffalo 3-D Model

Connecting Urban Design to Economics

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Buffalo 3-D Model

Connecting Urban Design to Economics

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Williamsville 3-D Model

Connecting Urban Design to Economics

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Williamsville 3-D Model

Connecting Urban Design to Economics

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www.StrongTowns.org

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