Fiscal impacts associated with power reactor siting: a paired case study
The paper examines the fiscal impacts associated with siting nuclear-powered electrical stations. First, a framework for examining fiscal impacts is constructed. This framework consists of four elements: the ability of a local community to raise revenues, the degree to which this ability is used, th...
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ftunivnotexas:info:ark/67531/metadc1413740 2023-05-15T17:34:37+02:00 Fiscal impacts associated with power reactor siting: a paired case study Bjornstad, D. J. 1977-01-19 50 pages Text https://doi.org/10.2172/7116822 https://digital.library.unt.edu/ark:/67531/metadc1413740/ English eng Oak Ridge National Laboratory rep-no: ORNL/NUREG/TM-86 grantno: W-7405-ENG-26 grantno: NRC-INA-40-550-75 doi:10.2172/7116822 osti: 7116822 https://digital.library.unt.edu/ark:/67531/metadc1413740/ ark: ark:/67531/metadc1413740 290600 -- Energy Planning & Policy-- Nuclear Energy Power Reactors Site Selection Socio-Economic Factors Reactor Sites Taxes 29 Energy Planning Policy And Economy North Atlantic Region Nuclear Facilities 22 General Studies Of Nuclear Reactors Connecticut Massachusetts Thermal Power Plants 220501* -- Nuclear Reactor Technology-- Environmental Aspects-- Siting Reactors Nuclear Power Plants Power Plants Communities Report 1977 ftunivnotexas https://doi.org/10.2172/7116822 2021-02-27T23:08:22Z The paper examines the fiscal impacts associated with siting nuclear-powered electrical stations. First, a framework for examining fiscal impacts is constructed. This framework consists of four elements: the ability of a local community to raise revenues, the degree to which this ability is used, the uses to which tax revenues are applied, and the effect of tax/expenditure decisions on the local economy. Changes in these four elements caused by the siting are termed fiscal impacts. Second, this framework is applied to two communities, Waterford, Connecticut and Plymouth, Massachusetts, which host operating reactors. In each community the ability to raise revenues through the property tax--the prime local revenue source--approximately doubled. As a result both communities chose ultimately to reduce tax rates. Moreover, it appears that the annual revenues raised through the public sector as a result of the reactor siting exceeded income changes that resulted from increased local employment associated with each reactor's operation. It therefore appears that for these two towns, the primary economic impact occurred through the public sector. The report concludes with suggestions for further research into local fiscal and economic effects associated with power reactor siting. Report North Atlantic University of North Texas: UNT Digital Library |
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University of North Texas: UNT Digital Library |
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ftunivnotexas |
language |
English |
topic |
290600 -- Energy Planning & Policy-- Nuclear Energy Power Reactors Site Selection Socio-Economic Factors Reactor Sites Taxes 29 Energy Planning Policy And Economy North Atlantic Region Nuclear Facilities 22 General Studies Of Nuclear Reactors Connecticut Massachusetts Thermal Power Plants 220501* -- Nuclear Reactor Technology-- Environmental Aspects-- Siting Reactors Nuclear Power Plants Power Plants Communities |
spellingShingle |
290600 -- Energy Planning & Policy-- Nuclear Energy Power Reactors Site Selection Socio-Economic Factors Reactor Sites Taxes 29 Energy Planning Policy And Economy North Atlantic Region Nuclear Facilities 22 General Studies Of Nuclear Reactors Connecticut Massachusetts Thermal Power Plants 220501* -- Nuclear Reactor Technology-- Environmental Aspects-- Siting Reactors Nuclear Power Plants Power Plants Communities Bjornstad, D. J. Fiscal impacts associated with power reactor siting: a paired case study |
topic_facet |
290600 -- Energy Planning & Policy-- Nuclear Energy Power Reactors Site Selection Socio-Economic Factors Reactor Sites Taxes 29 Energy Planning Policy And Economy North Atlantic Region Nuclear Facilities 22 General Studies Of Nuclear Reactors Connecticut Massachusetts Thermal Power Plants 220501* -- Nuclear Reactor Technology-- Environmental Aspects-- Siting Reactors Nuclear Power Plants Power Plants Communities |
description |
The paper examines the fiscal impacts associated with siting nuclear-powered electrical stations. First, a framework for examining fiscal impacts is constructed. This framework consists of four elements: the ability of a local community to raise revenues, the degree to which this ability is used, the uses to which tax revenues are applied, and the effect of tax/expenditure decisions on the local economy. Changes in these four elements caused by the siting are termed fiscal impacts. Second, this framework is applied to two communities, Waterford, Connecticut and Plymouth, Massachusetts, which host operating reactors. In each community the ability to raise revenues through the property tax--the prime local revenue source--approximately doubled. As a result both communities chose ultimately to reduce tax rates. Moreover, it appears that the annual revenues raised through the public sector as a result of the reactor siting exceeded income changes that resulted from increased local employment associated with each reactor's operation. It therefore appears that for these two towns, the primary economic impact occurred through the public sector. The report concludes with suggestions for further research into local fiscal and economic effects associated with power reactor siting. |
format |
Report |
author |
Bjornstad, D. J. |
author_facet |
Bjornstad, D. J. |
author_sort |
Bjornstad, D. J. |
title |
Fiscal impacts associated with power reactor siting: a paired case study |
title_short |
Fiscal impacts associated with power reactor siting: a paired case study |
title_full |
Fiscal impacts associated with power reactor siting: a paired case study |
title_fullStr |
Fiscal impacts associated with power reactor siting: a paired case study |
title_full_unstemmed |
Fiscal impacts associated with power reactor siting: a paired case study |
title_sort |
fiscal impacts associated with power reactor siting: a paired case study |
publisher |
Oak Ridge National Laboratory |
publishDate |
1977 |
url |
https://doi.org/10.2172/7116822 https://digital.library.unt.edu/ark:/67531/metadc1413740/ |
genre |
North Atlantic |
genre_facet |
North Atlantic |
op_relation |
rep-no: ORNL/NUREG/TM-86 grantno: W-7405-ENG-26 grantno: NRC-INA-40-550-75 doi:10.2172/7116822 osti: 7116822 https://digital.library.unt.edu/ark:/67531/metadc1413740/ ark: ark:/67531/metadc1413740 |
op_doi |
https://doi.org/10.2172/7116822 |
_version_ |
1766133517130924032 |