Land Use & Zoning

In Montana, a county may require a 'fiscal impact analysis' for a large proposed development to:

ADetermine the development's profitability for the developer

BAssess the development's net fiscal impact on public services and infrastructure costs relative to tax revenues generated✓ Correct

CCalculate the environmental cost of the project

DSet the development's property tax assessment

Explanation

A fiscal impact analysis projects the cost of public services and infrastructure that a new development will require (roads, schools, fire, police) compared to the taxes and fees it will generate, helping decision-makers evaluate whether the development will be fiscally beneficial to the community.

People Also Study

Key Terms to Know

Debt-to-Income Ratio (DTI)

A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.

Closing Costs

Fees and expenses paid by the buyer and/or seller at the closing of a real estate transaction, in addition to the property's purchase price.

Zoning

Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.

Variance

Official permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.