Municipal Infrastructure Planning and Cost Model (MIPCOM)
Why Use MIPCOM?
MIPCOM is considered to be an invaluable and financially responsible planning tool to assist communities throughout the State strategically address the issues of growth. Some of the benefits of MIPCOM include:
State funds are used to operate and maintain local community roads and water infrastructure
The State encourages efficient use of infrastructure funds
Most communities don't consider future infrastructure costs when doing general plan revisions or subdivision approvals
Infrastructure operation and maintenance will costs as much as installation did over its 30-year life expectancy
Infrastructure installation is usually paid for by the developer, but operation, maintenance, and replacement are the responsibility of the community and its residents
MIPCOM reveals that density and location of development influence infrastructure costs
MIPCOM can reveal the adequacy or inadequacy of a community's impact fees, property taxes, and other revenue sources ..