Laserfiche WebLink
• <br />• <br />SUMMARY <br />It is apparent that relatively high density development <br />close to existing urban infrastructure proves less expensive <br />locally and to the state over the long term. <br />Although three bedroom homes have somewhat higher costs <br />in Buffalo than in Otsego and Silver Creek, it must be <br />remembered that the capital costs of infrastructure are al- <br />ready figured into the Buffalo city budget. We have also <br />figured capital costs for school construction into the Buf- <br />falo budget. New additions to the school will be financed by <br />bond issues that have already been issued. In addition, <br />state contribution to the City of Buffalo budget will double <br />next year because of the city's growth. Therefore, long term, <br />local costs for the City of Buffalo budget can be expected to <br />decrease or at least remain steady. <br />Otsego, on the other hand, must still face the costs of <br />establishing infrastructure and over the next five years will <br />face new school costs as well. Silver Creek's added school <br />costs within two to three years will take the township's av- <br />erage per unit cost even higher in relation to Buffalo than <br />it is now. The new costs will also mean that two and three <br />bedroom homes in that township will become a much larger fis- <br />cal burden than if the homes were built in the City of Buf- <br />falo. <br />42 <br />