Fiscal impact of proposed development
Fiscal and Economic Impact Analysis
Fiscal impact analysis is an important tool to estimate the effect of proposed policies and plans on ongoing operating and capital revenues, and costs to a public agency of providing services. Similarly, economic impact analysis estimates the effects of proposed development plans or changes in planning pr policy assumptions on local economic activities.
Willdan Financial Services has managed numerous fiscal impact studies for a broad range of clients, helping them address a range of policy issues:
- Fiscal and economic impacts of land use policies and plans;
- Fiscal and economic impacts of growth control and tax limitation ballot initiatives;
- City/county tax sharing agreements for annexations; and
- The feasibility of proposed city incorporations and annexations.