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Hybrid: Can new development help school budgets in cities like Newton?
May 30, 2024 7:00 PM - 8:00 PM
(EDT)
Description
Following the contentious January 2024 teacher strike in Newton, renewed attention has been paid to increasing the city budget without increasing tax rates. What role can local development, including increasing the housing supply, play in increasing the tax base and school funding? This talk will explore both the practical implications and research on the potential for new development, particularly an expanded housing supply, to bolster the tax base and, consequently, school funding.
Elise Rapoza is MassINC’s senior research associate and has studied the fiscal impact of housing in Massachusetts. Author: “New Housing Production in Massachusetts: Fiscal Dynamics and Community Implications.”
Luc Shuster is the executive director of Boston Indicators, which provides data-driven insights to support policymakers, community leaders, and advocates in their efforts to make Greater Boston a more thriving, equitable, and inclusive region.
