On Sun, Jan 10, 2010 at 10:23 AM, frank theriault
<[email protected]> wrote:
> On Sun, Jan 10, 2010 at 10:23 AM, P. J. Alling
> <[email protected]> wrote:
>> It's the money from the developers for their reelection campaigns that's the
>> only real benefit   The economics of residential development, at least in
>> New England is that the services required by the developments cost more than
>> the new tax revenue generate so higher taxes for all eventually result.
>
> I ~could~ be wrong, but I think that around here the developer must
> pay for the new services to be installed in their development.  Of
> course, repairs and upgrades over the years are on the taxpayers', but
> initial installation is part of the price of the development.
>
> Someone please correct me if I'm wrong.

You are correct, at least in this area.

They are transferred to the municipality at some point, but every ones
taxes go up to pay for the new stuff and repairs of the old stuff.
Dave
>
> cheers,
> frank
>
> --
> "Sharpness is a bourgeois concept."  -Henri Cartier-Bresson
>
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