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Fiscal impact analyses measure whether a given project or policy represents a net gain or loss to affected jurisdictions' coffers. ESI fiscal impact models address new investments, infrastructure, construction, employment, population, school enrollment, annexations, mergers, etc. by calculating one-time and on-going revenues and costs based on current budget and service practices. Rather than treat jurisdictions as if they existed in a vacuum, ESI's models incorporate external market factors.

Fiscal impact analyses can help stakeholders negotiate annexations and development projects, building trust with local citizens in the process. Both fiscal and economic impact analyses can help stakeholders craft incentive agreements that generate a positive return on investment.

Economic impact analyses show how a given economic event ripples through the economy, affecting jobs, wages and business activity. ESI's models help users distinguish direct, indirect and induced benefits--multiplier effects-- by sector to offer specific results and avoid either exaggerating or understating the expected impact on the system... which is key to maintaining accuracy and credibility.

point of view
Economic and fiscal impact analyses quantify the benefits associated with existing or proposed developments and policies, including comprehensive plans and tourism/economic development strategies. Both help others compare alternatives and understand the trade-offs involved. ESI builds custom impact analysis tools for cities, counties and regions, usually designed so the client can use and maintain the model indefinitely.

measuring economic and fiscal impacts