Tuesday, September 16, 2008

What is a feasibility study?

Generally, a feasibility study is a document that examines the likelihood of success of a particular proposal. In relation to the Township Issue, House Bill 40 provided funds to be used to conduct a feasibility study for Salt Lake County. You'll find this document at the County website, http://www.co.slc.ut.us/ near the bottom. It's a PDF file, created by Wikstrom Economic & Planning Consultants.

These people were charged with the task of evaluating each township and its options to annex or be incorporated. Tables and tables of information reveal findings both in favor of and in opposition to annexing or incorporating. The study was done for the benefit of the COUNTY, to assess whether or not it could afford to "lose" any of the areas for which it currently provides services.

Table 33 indicates that if the Millcreek Township were to incorporate or annex and remove its revenues and expenditures from the Municipal Services Fund (used by County to fund services), taxes in the remaining portion of the county would need to increase by 30%.

Appendix C shows the level of property taxes revenues needed to INCREASE our services to the Average Suburban Municipality Service Package Level. (Cities provide more services than the County provides to the Township areas). Using the Wikstrom assumptions and calculations, Millcreek Township would generate $44 million in revenues. This covers the cost of the services currently being provided by the County, $43 million (Appendix D).

2 comments:

Dale said...

We need a feasability study so we can be informed. I agree. How can we get involved? What can we do to help? Do you need help at this time?

Daniel B. said...

Amy, how much traffic does this blog get? What can we do to improve traffic and content?

Let me know.