The Town commissioned two separate consulting firms (Zions Municipal Finance (https://www.zionspf.com/) and Lewis & Young (https://lewisyoung.com/)) to evaluate the fiscal impact from the development. Both studies suggest revenues at $15MM over a 20-year period, and after expenses suggest that the Town will net between $3MM and $7MM as the 2 models made different assumptions around whether the Town pays for certain services or the Development/HOA. The differences in assumprions will be cleared up before the final version from Lewis & Young is issued. The Hideout tax rate stays constant in both models. In addition, the community will benefit from the donation of a Town Hall, a school site, additional parks and trails, and space for emergency services and non-profit operations.
The Zions Report is a final report
The Lewis & Young Report is a draft and subject to further review. The final report will be made available prior to the