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Sustain Saint Paul believes that for the City of St. Paul to move forward on a solid footing decisions made must be fiscally sustainable. This is a core principle of Sustain Saint Paul and one which with we take a holistic view.
Fiscal Sustainability includes:
Ensuring that the residents of Saint Paul (whether homeowners, who pay for services directly through property taxes, or renters, who pay indirectly through increased rents) are not burdened with increased taxes to pay for inefficient development or developer requests,
Ensuring that changes which take place in Saint Paul lead to economic growth and
Ensuring that we, as current taxpayers, do not burden those who will come after us with unsustainable infrastructure and development.
This is why Sustain Saint Paul believes that any discussion regarding development needs to take into account the potential tax revenue vs. infrastructure costs of a development, the potential use of tax increment financing (TIF), and how any development impacts the financial health of our businesses.