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North Smithfield
Town of North Smithfield Zoning Ordinance
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§ 17.6

Fiscal impact assessment

Sec. 17.6. Fiscal impact assessment.

A fiscal impact analysis of the proposed development shall be required by the Board with respect to the economic impact of Major Land Development Projects on the Town. The Board, at its discretion may require an impact analysis for Minor Land Development Projects. When required, a fiscal impact analysis shall address the following:

  • (1) Costs arising from increased demands for public services and infrastructure.

  • (2) Benefits from increased tax revenues, employment and value of public infrastructure to be provided.

  • (3) Impact of proposed development on the values of adjoining properties.

  • (4) Five-year projection of increased Town revenues and costs resulting from the proposed development.