Paying for Growth

 

Wake County consistently ranks as one of the fastest growing communities in the nation. With population growth and new development comes the need for more infrastructure – roads, parks, schools, water and sewer, and more. Who pays for new infrastructure to keep up with growth? The 2006 Blue Ribbon Committee on the future of Wake County estimated that $18 billion additional dollars will be needed in new infrastructure by 2030. How are we going to pay for growth, and what is fair to ask taxpayers to pay? Should those who financially benefit from development also be asked to contribute?