Public Purpose Must Be Commensurate with Cost // Eliot Singer
I am trying to push state legislators on development authority reforms, using East Lansing as the poster-child for how to do public-private development wrong.
One of the key reforms needs to be requiring all brownfield projects or DDA expenditures provide a detailed breakdown, including financials, of what the public purposes are in relation to tax diversion and other costs, and also requiring a strong procedure for objective assessment. Currently, all government has to do is wave a magic wand and say, there’s a public … Read more →