This month, we’re looking back at some of Smart Growth America’s brightest moments and greatest accomplishments from 2013. Today’s highlight? Our July report that showed just how much smart growth strategies can benefit municipalities’ bottom lines.
Building Better Budgets: A National Examination of the Fiscal Benefits of Smart Growth Development set out to find how much cities and towns have saved, on average, by using smart growth strategies. The report collected 17 studies from cities across the country that compared two or more development scenarios. The majority of these studies found that a smart growth approach would improve the city’s finances, whether by saving money on upfront infrastructure, reducing the cost of ongoing services or by generating greater tax revenues in years to come.