Windsor, Connecticut

TischlerBise completed a fiscal impact analysis of the Great Pond Village Mixed-Use Development in the Town of Windsor, Connecticut. The site, a former brownfield, was re-planned to accommodate mixed-use development in an area that is lacking workforce housing. Based on the data acquisition and on-site interviews with Town staff, TischlerBise developed a fiscal impact model and analyzed the impacts of a range of potential development programs for this new community, which reflects a different type of land use pattern than traditionally seen in the Town. The model projected all municipal revenue (one-time and recurring), all municipal operating and capital impacts (including schools), and net fiscal results for each development scenario. Multiple scenarios were tested for tax increment financing viability, which required detailed infrastructure assumptions. The preferred development program is anticipated to be fiscally beneficial to the Town.