Fiscal Policy and Land Use Interaction
You’ll learn about:
- The ways in which fiscal policy decisions can affect land use outcomes
- The ways in which land use decisions can affect fiscal outcomes
- The foundation for active cooperation between city planners and public finance experts
This session seeks to create a dialogue between planning and fiscal goals. It addresses the fiscalization of land use, “the use of land use planning to encourage revenue production as a first-order goal,” as well as the ways in which planning can enhance or undermine municipal fiscal health.
Property tax and sales tax dependent communities can create different emphases on particular land uses. Planners need to understand these impacts. For instance, Colorado communities are sales tax dependent and can capture the sales tax generated in their communities, leading to an emphasis on retail development, and competition between communities to capture retail sales from adjacent communities. As communities try to respond by building their own retail this results in an overbuilding of retail. Policy options include statewide revenue sharing (Wyoming), regional revenue sharing (Metro Council in Minnesota), or intergovernmental revenue sharing agreements (IGAs).
At the same time, development can be planned so it aligns with appropriate revenue instruments, and creates revenue and reduces costs for the municipality. However, fragmented and overlying jurisdictions, as well as the absence of fiscal considerations in typical planning processes, mean that the fiscal impact of municipal plans may fall on other jurisdictions or is greater than needed to achieve planning goals.
, Lincoln Institute of Land Policy
Confirmed SpeakerAndrew Reschovsky is a Research Fellow at the Lincoln Institute of Land Policy and a Professor Emeritus of Public Affairs and Applied Economics at the University of Wisconsin-Madison. He has published widely on topics related to state and local government finance. His current research focuses on the financing of large American central cities, the measurement of municipal fiscal health in China, and the role of the property tax in the funding of public education in the U.S. He has served as an advisor to the South African Financial and Fiscal Commission and the Organization of Economic Cooperation and Development in Paris. In 2011, he was awarded the Steven D. Gold award by the Association of Public Policy Analysis and Management in recognition of his contributions to state and local fiscal policy. He earned a Ph.D. in economics from the University of Pennsylvania.
, Falls Church
Confirmed SpeakerJulie Herlands, AICP, is Vice President of TischlerBise and has over fifteen years of planning, fiscal, and economic development experience. Her economic and fiscal impact experience includes a wide-range of assignments in fifteen states including fiscal and economic impact analyses, economic and market analyses, economic development assessments and plans, impact fees, and infrastructure financing. She specializes in fiscal impact analyses using the case-study marginal approach to evaluate multiple land use scenarios, specific development projects, and annexations. In addition, she has prepared over eighty impact fees and other one-time fees for communities across the country. Prior to joining TischlerBise she worked for Fairfax County Revitalization and the International Economic Development Council. She is a frequent presenter at national and regional conferences. Julie is a Past Chair of the Economic Development Division of the APA and recently chaired the APA Task Force on Economic Development. She holds a B.A. in Political Science from the University of Buffalo and a Masters of Community Planning from the University of Maryland.
, Univ of Illinois at Chicago
Confirmed SpeakerMichael A. Pagano is Dean of the College of Urban Planning and Public Affairs at the University of Illinois at Chicago, professor of public administration, elected Fellow of the National Academy of Public Administration, former co-editor of Urban Affairs Review (2001-14), and Faculty Fellow of UIC’s Great Cities Institute. He is Project Director of an annual conference, the UIC Urban Forum, designed to address contemporary urban problems. He has published eight books, including Metropolitan Resilience in a Time of Economic Turmoil, Cityscapes and Capital, and The Dynamics of Federalism, and over 80 articles on urban finance, capital budgeting, federalism, transportation policy, infrastructure, urban development and fiscal policy. Since 1991, he has written the annual City Fiscal Conditions report for the National League of Cities and is currently the Principal Investigator of a multi-year project funded by the John D. and Catherine T. MacArthur Foundation to research city fiscal behavior and city financial adaptations during the Great Recession.