Quote:
Originally Posted by Radley77
While levies against developers don't fully capture the cost of even the upfront capital, there are also vastly lower per unit operating costs for higher density.
Calgary has reached the second highest debt municipal debt load per capita.
We just can't afford to either:
1. Add massive amounts of new transportation infrastructure or
2. Continually add more development that will result in even greater financial burdens down the road
Things have to change and only smart growth for suburban AND urban areas will get us there!
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Urban or suburban, levies aren't really expected to. The public contribution to servicing new development is an investment in the tax base.
But the problem is, very often density doesn't have lower operating costs, public or private. The point of diminishing returns is very, very, low as density creates costs and complexity where there isn't otherwise. Density also does little to address the labour side of the equation. Most civil human resources are distributed by population.
If you approach an undeveloped greenfield or a bulldozed brownfield and zone and develop it at extremely high density from the outset there are some savings to be realized. But this just doesn't happen very often, anywhere.
Calgary's debt load is a result of two things. One is decades of severe mismanagement by morons budgeting around windfalls from Edmonton that never came and the other is this city is badly under-taxed.