Calculating The Community Costs Of Demolition

Calculating the Community Costs of Demolition Della G. Rucker, AICP Jacobs For the Heritage Ohio Annual Conference May 7, 2009

Our Plan: ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Problem: ,[object Object],[object Object],[object Object],[object Object]

The Problem: ,[object Object],[object Object],[object Object]

More of the Problem ,[object Object],[object Object]

Who can do something about it? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

But…. ,[object Object],[object Object],[object Object]

The solution: ,[object Object]

What’s an externality? ,[object Object],[object Object],[object Object],[object Object],[object Object]

What’s an Opportunity Cost? ,[object Object]

What’s an Opportunity Cost? ,[object Object],[object Object]

What kind of externalities and opportunity costs are we talking about? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What kind of externalities and opportunity costs are we talking about? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Who incurs the externalities? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

So how do we figure out the fiscal impact of a building demolition? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The easy part first: estimating lost revenues from property taxes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Estimating opportunity costs from lost income/earnings tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Estimating opportunity costs from lost sales tax ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Other types of taxes: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Estimating Costs (externalities): ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Typical types of costs: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Ways to estimate costs: ,[object Object],[object Object],[object Object]

Potential types of costs: ,[object Object],[object Object],[object Object],[object Object],[object Object]

Potential costs ,[object Object],[object Object]

So…you’ve done the math, now what? ,[object Object],[object Object],[object Object],[object Object]

A few sources for more information…. ,[object Object],[object Object],[object Object]

Thank you! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Calculating The Community Costs Of Demolition

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