The Cents of Place, since its inception in 2007, has addressed issues of public finance on levels ranging from specific projects to macro-level economic and policy issues. On the latter, I have been immersed since January in two efforts. In the first, I am managing the Brookings Metropolitan Business Plan initiative for partners assembled in the Minneapolis Saint Paul region; I introduced this project here in January, and will be posting draft business plan content for your review and comment within the next few weeks.
In the second, I co-founded Strong Towns, an entrepreneurial nonprofit organization calling for big change in American land use, last fall with Chuck Marohn and Ben Oleson of the Community Growth Institute. We’ve been producing research, building relationships and growing networks on Facebook and Twitter over the last six months. Our message – that current land use patterns are financially unsustainable and are eroding our ability to invest in our people and places – has been attracting attention of late. See us on the newswire at Planetizen and at the Switchboard at NRDC blog, and join us in developing these ideas by following us at Facebook and Twitter.
Today, we have released a report titled “Minnesota’s Most Vulnerable Cities,” which addresses the following question: If federal and state aids disappeared tomorrow, and citizens wished to maintain existing services, how large a property tax increase would be required? How sensitive are our cities to the risk (and very likely eventuality) that state and federal aids fall?
View the report here. Make comments, throw darts, suggest solutions – help us develop tools to build Strong Towns.