Fiscal Impact of Land Development Alternatives: Town of Aurora
The Town of Aurora in Erie County includes the historically significant Village of East Aurora, which features scenic views, natural resources, and a thriving tourism industry. In hopes of preserving the character, charm and economic viability of the village, town leaders engaged CGR to study how restricting residential development in the area might affect school and property taxes. CGR modeled the impact of different types of land use in the village on the town’s population, housing units, town costs, school costs, and town and school property tax rates, and found that additional residential development will not significantly affect tax rates. Thus, the preservation of current open space would not have major consequences for the future property tax burden of town residents.
Report Date: Jul 2008
Author(s): Kent Gardner
, Scott Sittig
Subject(s): Economic Analysis
Location: Erie, New York