-
In general, the cost of serving residential growth has exceeded any increase in revenue.
-
The most recent study completed for Chapel Hill is the Renkow study found here.
- https://centralwestcitizens.files.wordpress.com/2012/12/5-2012-chapel-hill-cocs-report-copy.pdf
-
Over the last decade Chapel Hill has seen remarkable growth. We’ve seen more tax increases in the last few years to pay for this growth.
-
-
Because the plan is 96.5% residential, it will cost all residents of Chapel Hill increased taxes and guaranteed increased traffic and a decreased quality of life.
-
Exceeds Central West Small Area Plan residential housing allocation by 2.5 times.
-
Produces net costs for Town because cost of services fir resudebtuak developement exceeds tax revenues.
COUNTY Residential Commercial
Revenues: Expenditures ratio 0.93 1.19
TOWN
Revenues: Expenditures ratio .0.98 1.07
This ratio measures the amount of county revenue contributed by a given land use sector for each dollar in public services used by that sector.
—