Use the following information to answer the questions below:
PLYMOUTH BROOKLYN PARK Operating Number Operating Number Costs Employees Costs Employees General Govt. Finance 2,563,500 8 592,900 11 Control 3,165,600 12 1,015,800 25 Public Safety Police 7,495,693 50 2,086,600 50 Fire 1,129,000 10 314,300 2 Public Works Highways 1,266,230 19 1,761,500 28 Sewers 1,043,700 6 1,491,000 10 Sanitation 0 0 Water 668,470 6 834,000 10 Recreation Parks 1,351,000 9 1,051,000 19 Libraries 0 0 Debt Service 6,112,500 538,200 Real Value 204,785,200 262,770,460 Population 31,165 43,332 Households 10,491 15,268 Growth rate 3.0% 3.5% Revenue: Taxes: Property .0218 .0228 Fees Interest 103,092 6,000 Sewer 1,224,432 1,700,600 Water 870,000 1,209,300 Transfers Road Aid 568,363 789,394 Revenue Share 127,880 177,612
1. According to planning projections, the city of Plymouth, MN,
should experience a growth between 6,000 and 18,000 units of housing
by the year 2000. Using 10,000 as a best estimate, and assuming
that most of the units will be detached, single-family dwellings
worth $110,000 each, and assuming an average household size of
3.6 persons, what would you project to be the ultimate fiscal
impact of this growth on the city?
2. Assume that a mix of housing units will be built to meet the
growth in Plymouth. The projected increase is 36,000 people, divided
into equal numbers of single-family dwellings (worth $110,000
and averaging 3.6 people per household), duplexes (worth $85,000
and averaging 2.25 people), and apartments (worth $75,000 and
averaging 1.75 people). What are the fiscal impacts of this growth
strategy on the city?
What are the fiscal impacts of this project as proposed?
4. A developer has approached the city of Brooklyn Park with three
proposals for a large parcel of land. Under one proposal, the
land would be developed with 400 single-family units (averaging
3.6 persons) valued at $110,000 apiece. The second would develop
the same land with a garden apartment complex of 6,000 units (averaging
1.75 persons) valued at $70,000 apiece. The third would combine
both ideas, with 2,000 units (averaging 2.25 persons) and an average
value of $85,000 per unit. Using the service standards method,
which proposal is most desirable for its fiscal impacts on the
city?
5. Recalculate problem #4 using the comparable city method. Assume the project will take 5 years to complete. What do the results tell you about the impact of choice of method on the conclusion eventually reached?