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Committee seeks fiscal-sustainability tool to test long-term city costs of development
Summary
Committee members asked staff to develop a fiscal-sustainability tool that models long-term public costs and benefits of development proposals, including utility capacity and rates, infrastructure replacement costs and environmental costs where possible.
Planning staff described a proposed fiscal-sustainability tool intended to analyze the long-term public costs and fiscal productivity of development proposals. Staff said developing the tool would likely require consultant services, both to build the model and to educate city staff and decision makers on how to use it.
Committee members asked whether the model would…
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