Iredell County’s burgeoning
residential growth has caused traffic congestion, school overcrowding, and
other pressures on the infrastructure, particularly in the southern part
of the county.
From a tax standpoint, residential
growth does not pay for itself. Five years ago we calculated that new
houses would have to average over $500,000 in tax value to produce the
revenue needed to build the additional schools that would be required.
Today the figure would be higher. Industrial and commercial development
makes money for the county, but residential growth results in higher
taxes.
Earlier this year the county
commissioners asked the county Planning Board to look into ways to better
manage growth. The board focused on increasing residential lot sizes. With
larger lots, fewer houses can be built in any given area, resulting in
fewer additional school students and less additional traffic. Another
benefit of larger lots is that there are fewer problems with septic
systems.
By a vote of 6/4, the Planning Board
recommended that the county increase minimum residential lot sizes. Three
of the four members who voted “no” are directly associated with the
real estate or development business.
After hearing from developers
opposed to the larger lot sizes, the county commissioners decided to take
no action on the Planning Board recommendation. They also declined to
impose a moratorium on platting new subdivisions.
In the meantime, a much larger than
normal number of residential subdivision plats have been filed.