Thanks, Jerry. The school report is full of good data. Unfortunately, the projections may already be obsolete due to the Howard Hughes project.
The HH people have implied that they would build a new school. Let’s hope they would cover all the extra educational and municipal costs as well.
John
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We need to see a complete plan before we can get any kind of a handle on the extra school and municipal costs and whether the additional tax receipts would be enough to cover these.
In that vein, I previously posted a large Excel spreadsheet tailored to the InterCap project, with many user-entered variables. The output shows the estimated tax impact. Once I see the HH plan, I could pretty easily modify it to do the same thing for their case.
HH is probably underestimating the difficulties they will have with NJDOT and Route 1, to say nothing of the likely impacts on QB Road and Clarksville Road.
John