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Smithfield council votes to commission fiscal growth study amid proffer, school-capacity concerns

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Summary

Council approved a motion to commission a local fiscal growth-rate study after discussion of a TishlerBice county study and a December 13, 2024 school-board memo that flagged near-capacity schools and uncertainties around developer proffers.

The Smithfield Town Council voted June 3 to commission a local fiscal growth-rate study to assess how residential development will affect the town's finances and public services, including schools.

Councilmember Darren Stallings made the motion after citing a TishlerBice study and a December 13, 2024 memorandum from the school board chairman about school capacity. "I would recommend that we commission our own study to determine what is an appropriate growth rate for Smithfield that keeps us in the green," Stallings said.

The study, council members said, would model growth scenarios, fiscal impacts and the point at…

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