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> Infrastructure costs are typically around 10% of the budget of municipalities, and almost universally are under 20%. Today's infrastructure/capital spending

> Infrastructure costs are typically around 10% of the budget of municipalities, and almost universally are under 20%. Today's infrastructure/capital spending is tomorrow's operating spending: * https://www.dearwinnipeg.com/2020/02/24/accounting-101-for-councillors-mayors-and-free-press-columnists/ https://www.dearwinnipeg.com/2020/02/24/accounting-101-for-c... * https://www.strongtowns.org/journal/2021/11/8/holy-leaping-dollars-batman https://www.strongtowns.org/journal/2021/11/8/holy-leaping-d... If you don't believe this talk your local CPA.

xyzzyz 4y ago
It shouldn’t then be hard to point out to an old suburb, for which tomorrow already came. Where are they?
- throw0101a 4y ago
  See another comment of mine: * https://news.ycombinator.com/item?id=31548507 https://news.ycombinator.com/item?id=31548507 See also case studies on the net revenue and 'municipal ROI' of low- versus high-density development: * https://news.ycombinator.com/item?id=31549334 https://news.ycombinator.com/item?id=31549334