Wednesday, March 19, 2008

ECONOMIC DEVELOPMENT

Municipal Growth

A number of areas in Indiana are experiencing rapid growth. While growth is generally beneficial, it bears certain costs.

"Growth strains existing infrastructure, such as streets, water and wastewater systems, drainage control, parks and public safety."

Under current law, procedures provide few additional revenues to local government to help meet the financial burden to fund the increased demands on public services and facilities.

Economic development begins at the grass roots level, with local officials creating economic development plans, investing in infrastructure first and public improvements.

The effect is that existing residents bear the financial burden of new development.

How about smart growth for our city!