ROI Housing Series: Local Development Public Finance Model Workshop

Helping developers and public officials smartly evaluate proposed developments and the impact they may on communities and the tax base.

December 9, 2020 | 10 a.m. – noon | Zoom event
Brought to you by Regional Opportunity Initiatives, Inc. and the IU Center for Rural Engagement

Have you ever wanted to know:

  • How a development will impact property tax revenues?
  • Will a housing development change the tax bills paid by your community’s citizens?
  • How property tax caps impact local government budgets?

If you said yes to any or all of the previous questions, then we have the workshop for you.

Indiana University Associate Professor Justin Ross will lead you through his public finance model created to help developers and public officials smartly evaluate proposed developments and the impact they may have on communities and the tax base. Indiana’s unique approach to regulating individual tax bills through the 1-2-3 Property Tax Caps (also known as “Circuit Breakers”) makes it more difficult to determine how a particular property contributes to the tax base.

This model can help both developers and public officials understand future impacts such as the tax consequences of housing development.

Have questions? Please contact Lisa Abbott, Vice President of Economic and Community Development, at lisaabbott@regionalopportunityinc.org or call (812) 287-8118.

Justin M. Ross is an associate professor of public economics in Indiana University’s Paul H. O’Neill School of Public & Environmental Affairs. His research is featured in outlets like the National Tax Journal, Journal of Public Economics, Land Economics, Journal of Environmental Economics & Management, Public Finance Review, Southern Economic Journal, Public Budgeting & Finance, Journal of Public Administration Research & Theory, Public Administration Review, State Tax Notes, Contemporary Economic Policy, Journal of Housing Economics, Public Finance & Management and the Journal of Real Estate and Finance Economics. He has been with Indiana University since completing his doctorate in economics at West Virginia University in 2008.

For full details and to watch recordings of previous sessions, visit: https://regionalopportunityinc.org/housing-series