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M <br />D <br />"What is good for the <br />downtown is great <br />for the town, but it <br />is incredible for the <br />County. " <br />Joe Minicozzi <br />Principal <br />Urbana <br />Chapel Hill, NC <br />Total Value PerAcre <br />10 <br />higher levels of municipal service, though the level of expectation for <br />continued service will require cultivation of new revenues. Additionally, <br />there are examples from each town that can be shared. In all cases, what <br />is clear is that the Main Streets are all areas of `over- achievement' from <br />a tax productivity standpoint. This is clear from the peaking "spikes" <br />in the 3D tax model. The challenge is finding a way to cultivate that <br />growth and add to it. It is clearly possible in Chapel Hill and Carrboro to <br />capture this high yielding growth, but it will need to be compatible with <br />community vision in order to compliment the desires of each community. <br />The challenge is in the best interest of the citizens of the towns, but also <br />the entire County. As noted in the property tax profile chart (bottom, <br />page 8), those revenues are those of Orange County. While the towns <br />see handsome municipal productivity of high- density and mixed -use <br />projects, the County sees a similar productivity. So what is good for <br />downtown is great for the town, but it is incredible for the County. The <br />productivity of the downtowns help the county afford the larger county- <br />wide conservation efforts which add to the quality of life in the towns, <br />and help Orange County to stand out against its peers in the Triangle <br />region. <br />