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Resident asks if new development pays for itself; town launches cost-of-service study
Summary
A resident asked whether new residential development adds more in taxes than it costs in services. The town manager said a consultant-led cost-of-service study is underway and cited the town's current roughly 80/20 residential-to-nonresidential tax mix.
A Clayton resident asked council whether new development pays for the additional municipal services it requires, and the town manager said a consultant is conducting a cost-of-service study to answer that question for Clayton specifically. John Scarpa, a resident, asked whether new development adds to the tax base and "does it pay for itself, or does it cost us additional monies in terms of fire, police, water?" The town manager replied that the town has engaged a…
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