How the services that the city provides are paid for.

Posted by Carmine Miranda

Studies show that the COCS ratio is substantially above 1 for residential land, showing that residential land is a net drain on local government budgets. Which means that for every dollar collected in taxes and non-tax revenue, between $1.15 and $1.50 gets returned in the form of local government and school district services.

On the other hand, the COCS ratios for the other two land use categories are both substantially below

1. For commercial/industrial, the ratio usually ranges from 0.35 to 0.65, indicating that for every dollar collected, the local government provides only about 35 to 65 cents worth of services.

For agriculture and open space, the ratios are only slightly smaller, usually ranging from 0.30 to 0.50.

Here is the website for all of the backup information: https://web.extension.illinois.edu/lcr/cost.cfm