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The Economic Development Committee requested data on Wayland’s growth over the past decade and a 10-year projection as the first step toward developing low-, medium-, and high-growth scenarios. No specific growth target or new revenue policy was adopted.
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The committee and Finance Committee agreed to improve their shared understanding of how development could affect Wayland’s tax base and revenues. They will seek historical and projected growth data before evaluating possible new growth areas and revenue options, including how future meals-tax revenue might be allocated. The discussion also identified a possible Route 20 task force and a simple zoning change as potential tools, but neither was approved at this meeting.
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