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A fiscal impact analysis
evaluates a project's net fiscal effect (revenues less
costs) on a local agency and determines whether or not
development will benefit or burden the existing level of
service (e.g., public safety services, library services,
public maintenance). The fiscal impact analysis
evaluates each component of a municipality's revenue and
cost related to specific land use assumptions.
Demonstrating a projects positive fiscal impact
can be a powerful tool in accelerating project approvals
with agency staff and bolstering community support.
Conversely, there are certain conditions in which
projects may have an unfavorable fiscal impact on the
governing municipalities. In these instances, Zimmerman
Group will propose funding alternatives for addressing
such fiscal shortfalls.
Zimmerman Group gathers all the relevant facts based on
current and past jurisdictional practices in order to
make sure a project's net fiscal effect is accurately
represented and solutions are provided for project
success.
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