Housing Supply Expansion and Local Government Finances in the Indiana Uplands

dc.contributor.authorRoss, Justin
dc.date.accessioned2023-08-16T19:12:57Z
dc.date.available2023-08-16T19:12:57Z
dc.date.issued2020-02-19
dc.description.abstractNew housing development can induce a permanent long-term change in the public finances of a community. This analysis uses the Local Development Public Finance Model to consider the effect of a 1 percent increase in residential homestead housing supply on the levies, property tax revenues, and circuit breaker credits from property tax caps on the taxing units in the Uplands region of Indiana. Two scenarios are considered: 1) The taxing units all hold their property tax rates constant by increasing their budget levies; 2) The taxing units all hold their budget levies constant and reduce their property tax rates. Randomly selecting undeveloped residential parcels and developing them to their respective county median valuations is the assumed development strategy. The results demonstrate overwhelmingly positive public finance implications through new property tax revenues and less binding property tax caps.en
dc.identifier.urihttps://hdl.handle.net/2022/29383
dc.language.isoenen
dc.publisherIndiana University Center for Rural Engagementen
dc.subjecthousingen
dc.subjectIndiana Uplandsen
dc.titleHousing Supply Expansion and Local Government Finances in the Indiana Uplandsen
dc.typeWorking Paperen

Files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Housing Supply Expansion and Local Government Finances in the Indiana Uplands.pdf
Size:
396.49 KB
Format:
Adobe Portable Document Format
Description:

Collections

Can’t use the file because of accessibility barriers? Contact us with the title of the item, permanent link, and specifics of your accommodation need.