Making an argument for police enforcement costs: the St. Paul fee study experience.
Government Finance Review › Vol. 24 Nbr. 5, October 2008
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Making an argument for police enforcement costs: the St. Paul fee study experience.
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The mortgage foreclosure crisis and the related downturn in tax revenues have forced city finance professionals to develop creative approaches to combat revenue shortages. Cities such as Baltimore, Buffalo, and Cleveland are suing mortgage companies for foreclosure-related costs arising from vacant and abandoned buildings. The lawsuits include both direct monitoring costs and associated public safety enforcement costs. To prove their cases, these cities will need a rigorous determination of the actual costs they incur when a building becomes vacant. Direct costs for inspecting, boarding, and maintaining a building can be accounted for in a straightforward manner, but how does a city measure the police cost related...See the full content of this document
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