Bursting at the Seams: The Challenges of Managing Change

Scott Thompson

Municipal Finance Journal, 2008, vol. 29, issue 1, 9 - 14

Abstract: Although population growth and expansion can be a boon for municipalities and other public entities and can provide potential opportunities for investors, there are also significant risks. While tax revenues increase, so do the demands on infrastructure and public services. How is expansion planned for, funded, and implemented? Where can things go wrong, and what should analysts look for in assessing risk? The author examines the challenges of providing the infrastructure and services required to keep a growth region thriving, including the key resource of education, as well as funding conundrums such as restrictive tax laws that demand innovation by public agencies when developing new revenue sources.

Date: 2008
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