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180 • Housing Goal 44 Integrate environmental stewardship practices into the housing stock 1 1 and neighborhoods. • Housing Goal 45 Continue support of housing and neighborhood programming provided by the HRA that addresses community needs. 185 Imagine Roseville 2025 • Community Goal 42, Roseville is a desirable place to live, work, and play. Strategy C. Provide regional leadership in creative and sustainable redevelopment. 1 • Housing Goal 41 Roseville Housing meets community needs, Strategies A-F 1 Positive Tax Return Unfortunately, Staff doesn't have any direct information regarding uses in 190 Roseville and the costs they incur on the City versus the revenue they bring in. In order to really 191 understand the effect of uses on City services, a fiscal impact study should be done for the City. The 192 fiscal impact study would look at the total cost of city services and compare that with tax and other city 193 revenue those uses bring directly to the City. From that analysis, one would be able to determine what 194 uses provide a positive to benefit and negative to benefit. Typically, with fully built-out cities, new 195 development does not impact the City services as much as a rapidly growing city. This is due to the fact 196 that most development in built-out cities is infill and thus, roads and sewer already serve the property,, 197 the police and fire department are already responding to that property,, etc. Of course, the new use 198 could increase the intensity of use of the City services, but typically the cost impacts would be more 199 incremental than a large jump. Also, conventional wisdom holds that commercial uses use less city 2 ('_) ('_) services than residential. Although that is not universally true, one can see that residential uses can 2 ('3; 'i have a greater use of city services especially for trails, roads, parks, elections, etc. (and not to mention ( '_) 2 schools). 203 To properly understand the relationship of City services to development, Staff would suggest the City 2 ('_), °l explore the use of a fiscal impact study. A few months ago, the City Manager and several Department 2 ,,:-�5 Heads met with representatives of ULI and the University of Minnesota to discuss fiscal impact studies. 206 They indicated that they may be doing fiscal impact study "pilot projects" in the metro. Staff is 2 7 checking with them to see if there would be a possibility for Roseville to participate. Such a study 2 ('_), would look at both residential and commercial use and its impact on City services and determine 2 9 whether types of development bring a positive or negative tax return. 2 1 ('_) See Attachment I for additional information regarding housing. 2 1 �'i Business — What are the Market Needs, Identified Wants, Positive Tax Return 2 12 Market Needs. The City currently does not have any specific information about our community that 2 13 pinpoints commercial and industrial needs. As shown in Attachment G, we do know the type of 2 14 businesses Roseville currently have, but whether we have too much or not enough of certain businesses 2 1 w is unknown. 2 16 Similar to what the HRA undertook regarding housing, staff would suggest that a business market study 2 1 7 to provide information on what additional capacity we have for businesses, with detail specifically that 2 pinpoints the type of businesses would be successful in our market. Having this information will not 2 19 only maximize the benefit to the community by bringing businesses that are needed by the community, 2 2 ('_) it will also allow the City to be efficient in its efforts to target certain businesses for recruitment Page 6 of 10