


With the multiple crises of municipal insolvency, climate change, and citizen pushback against government regulation at all levels, it makes sense to consider a new "balance-sheet" approach to granting development approvals. Such an approach would screen for more high value development that repays government investments more rapidly. By incorporating the "missing metric" into development review municipalities may be able to reduce or eliminate many regulations and make it easier to achieve more amenable, resource efficient, and fiscally stable communities.