Recommendation SI.22

Recommendation Status: New

Explore alternative funding models such as development agreements, public-private Partnerships and infrastructure impact fees to secure funding for public services and utility expansion, reducing the financial burden on taxpayers.

This recommendation helps achieve the following

Sustainable Infrastructure icon
Responsible Growth icon

Sustainable Infrastructure

Responsible
Growth

Key Issues Addressed

Not Population Stagnation
Not Greater Housing Diversity & Affordability
Not Social & Environmental Resilience
Infrastructure Cost-burden
Not Jobs-Skills Mismatch

Related Planning Topic Areas

Not Economic Development
Not Housing
Land Use & Development
Not Open Space & Environment
Transportation & Infrastructure

Applicable Geographic Scales

Countywide

Countywide

Municipalities

Not Municipalities

Sub-geographies

Not Sub-geographies

Equity Considerations

Establishes key strategies to leverage resources and funding that enable equitable development

Equity considerations icon

Sustainability Considerations

Leveraging from diverse resource pools reduces likelihood to deplete funding and staffing for infrastructure development

Sustainability considerations icon

Implementation

Lead Partner(s)

Supporting Partner(s)

Cost

  • Private Developers

Supporting Partner(s) icon

Project, Partnership, or Policy

Project

Partnership

Policy

  • American Water

  • Ameren

  • Spire

  • County Municipal Partners

Lead Partner(s) icon

Medium
($1-10mil)

Low
(Less than $1 mil)

High
($10+ mil)

Not Partnership
Not Project
Policy

Timeline

Medium-term
(5-10 Years)

Ongoing

Near-term
(Within 5 Years)

Long-term
(10+ Years)

Potential Funding Sources

  • Tax Increment Financing

  • Public -private partnerships

Tracking Implementation

Tracking Success

  • No. of alternative funding options secured for infrastructure projects

Implementation tracker icon.

If overperforming, what should we do?

Strengthen partnership with private entities and adjust policy frameworks to attract investments.

If underperforming, what should we do?

Reallocate funding models for future projects, explore additional infrastructure opportunities.

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