Newport Comprehensive Land Use Plan - Existing Conditions | Page 29

3 Land Use The City of Newport encompasses 11.48 square miles. This includes approximately 3.54 square miles of inland water, which represents nearly one-third of Newport’s incorporated area. The remaining two-thirds of Newport’s jurisdictional area, only 8 square miles, represent land available for some form of land use. The city’s relatively small area supports a resident population of roughly 25,000, but also 3 ½ million tourists. In that the majority of the city’s revenues are derived from property taxes, the fact that roughly 26% of the city’s property (by value) is tax exempt means that Newport is at a significant disadvantage with respect to the burden it must impose on the remaining taxable properties within the City. This burden undermines the city’s ability to implement the initiatives it needs to carry out in order to broaden and diversify its tax base, protect its residents and their quality of life and to retain and expand existing commerce. Specifically, according to the Office of the Tax Assessor, 420 tax exempt parcels account for a total value of $1.88 billion worth of tax-exempt land in Newport. These properties are owned by the city, state, federal government, and exempt institutions and include cemeteries, churches, the library, schools, the hospital, ex-charter, and charitable land holdings. With a total property value in the city of $7.12 billion, fully 26% of the city’s property value is tax exempt. Given this financial burden, the city’s small land area and coupled with the fact that most of Newport’s land use patterns are well established and cannot as a practical matter, change in any substantive way, Newport must be creative, aggressive and focused in order to succeed. This chapter describes Newport’s existing land use, land use patterns and intended future land use adjustments necessary to accomplish the goals and policies included in this plan. 3.1 Existing Conditions Land Use Newport’s land use development patterns have As the City is 90% built out, future land long been established. developments will primarily be in Having mostly developed redevelopment projects and infill prior to the inception of development. zoning and the invention of the automobile, Newport’s core matured into a compact city with dense neighborhoods and comparatively narrow streets. The exception to this is the city’s south end, where soils and other constraints have greatly limited development and the “mansion” area, where large tracts with grand “cottages” are the primary form and type of land use. Draft Existing Conditions (March 2016) Page 3-1