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Weather.... Published: Wednesday, 10/5/2011  Study: Residences a
drain on Waterville finances   When it comes to dollars in and
dollars out, residential houses and retail businesses in the
city result in a negative net fiscal impact on the city of
Waterville, according to findings from a just-released analysis.
All types of housing had a negative impact on the city's
operating budget in 2009, the year studied by Randall
Gross/Development Economics of Washington.  Mr. Gross presented
his fiscal-impact analysis findings during a joint meeting last
week of the city council and the comprehensive plan steering
committee.  About a year ago, council approved spending $11,225
to hire Mr. Gross to conduct a study of the cost of community
services. Council was seeking information as part of an update
of the comprehensive plan.  In the analysis, Mr. Gross measured
and compared the costs and benefits of residential, retail,
office, and industrial uses.  Assessmen