What are the NAIOP demonstration projects?
NAIOP Minnesota’s local government transparency initiative and accompanying expenditure type reporting legislation has both advocates and foes. But one thing most everyone agrees on is that reporting information just for the sake of reporting it is not a worthy investment of anyone’s time and effort. We need to show that this information can better inform and educate local taxpayers about local government decision-making and at the same time, provide an accurate, clear, and satisfactory understanding of why property taxes are changing.
The goal of a demonstration project is to work with local taxpayer interests and government officials to collect the information which would be reported under the proposed legislation, and demonstrate how it can be used to understand the evolution of local government budgets and reasons for property tax increases as well as engage local decision makers in a more productive way.
Our objectives in these demonstration projects are threefold:
- Demonstrate the importance and value of the data required in our proposed legislation.
- Develop an analytical tool that turns this information into budget understanding in a way that is simple, easy to replicate, and easy to use.
- Build broad credibility and public support for adopting NAIOP Minnesota’s transparency legislation.