For Brian Rodgers
By Eben Fodor
This study is the first systematic examination of the costs of public facilities and infrastructure required to serve new residential development in Austin, Texas. Download both PDFs.
The study focused on costs and revenues associated with the expansion of the City’s capital facilities to serve residential development. Capital costs include all construction and land costs for buildings, roads, equipment, utility mains, and so forth. Capital costs do not include operating and maintaining city infrastructure or services for new development. The City of Austin typically funds new capital facilities through general obligation bonds. These bonds are re-paid through direct increases in local tax rates for the life of the bond.