Tax Base Loss and Managed Retreat
“How can managed retreat lead to a tax base loss?”
Managed retreat is used to move people out of high-risk disaster zones. However, if these same people leave the entire municipality, then they leave the tax base as well. This causes a loss of income for the municipality, which could make building further adaptive capacity more difficult. Future community managers and organizers must take into account Tax Base Loss and Managed Retreat in their climate adaptation plans.