Fiscal Impact Analysis

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 The developer’s “million-dollar” tax claim needs context. Most of the property tax revenue would go to the Garnet Valley School District—not Concord Township—and the vacant property already pays substantial taxes.

Concord’s actual recurring gain appears to be only about $50,000–$80,000 per year, while the larger 10-year figure includes one-time permit and development fees.

Before calling this a financial benefit, the Township should compare the new recurring revenue against the ongoing public costs of traffic management, stormwater enforcement, emergency response, road wear, and municipal oversight.

Gross revenue is not the same as net benefit to taxpayers.