2 ms·
On the peninsula, property taxes for housing do not offset the school and other costs for the residents that live there. Therefore, no town wants more housing.
by aaronblohowiak 9y ago
On the peninsula, property taxes for housing do not offset the school and other costs for the residents that live there. Therefore, no town wants more housing. We have to allow some projects because the state has mandated it (local authority comes from the state, so our hands are somewhat tied.)
Until with fix prop 13, residential development economically hurts peninsula city budgets. The taxes towns are able to levy against new construction don't make up for it.