Floodplain Buyouts and Municipal Finance

Floodplain Buyouts and Municipal Finance
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DOI:
10.1061/(asce)nh.1527-6996.0000380
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发表时间:
2020-08-01
影响因子:
2.7
通讯作者:
Ganser, Brooke
Ganser, Brooke
中科院分区:
工程技术3区
文献类型:
--
作者:
BenDor, Todd K.;Salvesen, David;Ganser, Brooke

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洪泛区买断-收购和拆除被洪水破坏的房屋-在联邦灾难政策中变得越来越重要。然而,关于收购对地方政府的财政影响的研究很少。买断可以降低未来的救灾成本,创造有价值的开放空间,并降低城市基础设施可以永久拆除的维护成本。相反,买断可能会减少财产税收入,并让市政当局承担新的买断物业维护成本。买断对市政当局的潜在财政影响范围有多大?本文试图解决这一问题,同时建立一个用户友好的程序,以估计准确的影响范围。作者评估了北卡罗来纳州八个案例研究社区收购的财务影响,开发并测试了一个场景驱动的电子表格模型,以探索收购计划设计的社区特征、政策和战略如何随着时间的推移影响收购的财务影响。研究发现,财政影响至少取决于三个关键因素,包括(1)收购物业的空间分布,(2)买断参与者是否在其社区内搬迁,以及(3)收购物业的管理和维护制度。
Floodplain buyouts-the acquisition and removal of flood-damaged homes-have become increasingly important in federal disaster policy. However, there has been little research on how buyouts fiscally impact local governments. Buyouts can reduce future disaster-relief costs, create valuable open space, and reduce maintenance costs where urban infrastructure can be permanently removed. Conversely, buyouts can reduce property tax revenues and saddle municipalities with new buyout property maintenance costs. What are the range of potential fiscal impacts of buyouts on municipalities? This paper seeks to address this question while establishing a user-friendly process for estimating accurate impact ranges. The authors assessed the fiscal impacts of buyouts in eight North Carolina case-study communities, developing and testing a scenario-driven spreadsheet model to explore how community characteristics, policies, and strategies for buyout program design can affect the fiscal impacts of a buyout over time. It was discovered that fiscal impacts depend on at least three key factors, including (1) the spatial distribution of the acquired properties, (2) whether buyout participants relocate within their community, and (3) the management and maintenance regimes of acquired properties.