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 help achieve the following
Applicable Geographic Scales
Countywide
Municipalities
Key Issues Addressed
Sustainability Considerations
Sub-geographies
Equity Considerations
Establishes key strategies to leverage resources and funding that enable equitable development
Leveraging from diverse resource pools reduces likelihood to deplete funding and staffing for infrastructure development
Related Planning Topic Areas
Sustainable Infrastructure
Low
(Less than $1 mil)
Medium
($1-10mil)
Partnership
Implementation
Lead Partner(s)
American Water
Ameren
Spire
County Municipal Partners
Timeline
Ongoing
Near-term
(Within 5 Years)
Supporting Partner(s)
Private Developers
Project
Cost
High
($10+ mil)
Project, Partnership, or Policy
Policy
Medium-term
(5-10 Years)
Long-term
(10+ Years)
Potential Funding Sources
Tax Increment Financing
Public -private partnerships
Tracking Implementation
Strengthen partnership with private entities and adjust policy frameworks to attract investments.
Tracking Success
No. of alternative funding options secured for infrastructure projects
If overperforming, what should we do?
Reallocate funding models for future projects, explore additional infrastructure opportunities.
If underperforming, what should we do?