Expansion of the Urban Service Boundary will be extremely expensive.
It will cost, on average, $16,529.00/acre to lay new sewer lines.
Despite our current storm water and sanitary sewer problems, if we decide to expand the urban service boundary, it will cost, on average, $16,529.00/acre to lay new sewer lines. (–2006 Rural Sanitary Sewer Capability Study.) This number covers just sewer lines, not major roadway improvements, police, fire, schools, or other infrastructural needs.
– Rural Sanitary Sewer Capability Study, 2006
It will cost $117 million or $16,529 an acre to lay sewer lines in proposed 7,000 acre expansion area.
– Rural Sanitary Sewer Capability Study, 2006
It is unclear who will be covering these astronomical costs. If developers pay for them in exaction fees, they will have to make this money up somewhere-perhaps in the form of increased home prices.
Residential properties create a net loss for the city.
Residential properties create a net loss for the city because of the urban services they require. For instance, in 1998, for every dollar of revenue the city gained from residential development, it spent $1.69 to service the property.
– American Farmland Trust “The Cost of Community Services in Lexington-Fayette County, Kentucky”, 1999.
On the other hand, for every dollar of revenue the city gained from Fayette County Farms, it spent $.93 to service them – creating a net gain for the city.
– American Farmland Trust “The Cost of Community Services in Lexington-Fayette County, Kentucky”, 1999.
It just makes good economic sense to hold the line urban expansion right now.
