| Local schools are primarily funded through local property tax revenues, which are tied to property values and the distribution of value ranges within a community. Values, in turn, depend on the mix of lot sizes and building attributes (improvement characteristics), which are affected by zoning. Since lot size restrictions limit the size characteristics of homes (bedrooms, garages, building square footage, etc), it should constrain the number of school age kids emanating from a given homestead and that a school district services. Each home, depending on lot size, should exhibit differential impacts on school district revenues. Similarly, if lot size and the magnitude of other housing characteristics impact on the number of kids emanating from a home,... |
