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Techniques For Mitigating Urban Sprawl |
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| Urban Containment Strategies - Extrajurisdictional Controls and Agreements |
| Tax-Base Sharing |
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Tax base competition encourages cities to overzone for commercial and industrial development and underzone for land uses that do not generate substantial tax revenues. Most tax-base sharing or tax equalization plans redistribute a portion of the increases in property tax revenues to all jurisdictions within a region. Other plans typically call for redistributing the tax increases to jurisdictions according to need-based formulas or population formulas. Also, creating a financial bond across a metropolitan area can be a sure way to build regional collaboration. Establishing a tax-base sharing program is a daunting task that requires strong local government leadership and broad community support. Case/Example: Minneapolis/St. Paul (MN). Source/Reference: NACo, JCSC, and SGN, 2001, pp. 15-16; Georgia DCA, 1998, pp. 27.
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Making Mixed-Income Communities Possible: Tax Base Sharing and Class Desegregation, Harvard Law Review, Vol. 114, No. 5. (Mar., 2001), pp. 1575-1598. A law review article that makes the case for egional tax base sharing in the US.
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A Report from NJ Futures on the Need for Property Tax Reform. Property Tax Reform & Land Use — “Property tax reforms aimed only at reducing individual homeowners' tax bills will fail to correct one of the most insidious damages inflicted by today’s property tax system: competition between municipalities for new nonresidential developments or tax “ratables” that improve the fiscal bottom line but that worsen traffic, suppress much-needed housing opportunities, drain older communities of resources and erase open lands.”
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Envision Central Texas  6800 Burleson Road, Building 310, Suite 165 Austin, TX 78744 Mailing Address: P.O. Box 17848 Austin, TX 78760-7848 |
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