Thursday, July 7, 2016

New Planetizen Course: New Understanding Fiscal Impact Analyses

TransportiCA Relation: The financial impact of a system is one element to consider in determining sustainability; hence, the importance of this very education.


A fiscal impact analysis can be an important tool for estimating the effect of a development or a land-use change on the costs and revenues of local governments serving the development. This course will explore the various elements of a fiscal impact analysis, particularly as it relates to residential projects. This course will address, and correct, the many commonly-held assumptions about the fiscal impacts housing projects. Participants will gain a general understanding of the core terms and techniques of fiscal impact analysis, why and when to perform a fiscal impact analysis, and how to explain the findings of a fiscal impact analysis.

In This Course

  1. Todd Poole introduces the course.
  2. What is a Fiscal Impact Analysis?
    This chapter provides an introductory definition of fiscal impact analysis. We will also examine the importance of the fiscal impact analysis process to planners.
  3. Core Terms and Techniques, Part 1
    This chapter reviews core terms, including a comparison of the Per Capita Multiplier Method and the Case Study Method.
  4. Core Terms and Techniques, Part 2
    This chapter reviews and compares the following fiscal impact analysis techniques: Service Standard Method, Comparable City Method, Proportional Evaluation Method, and Employment Anticipation Method.
  5. Explaining Findings and Addressing Criticism
    This chapter reviews the typical criticisms of fiscal impact analysis (e.g., impact on schools, service costs, or local taxes) and recommends strategies for explaining findings to elected officials and residents.
  6. Key Takeaways
    This chapter summarizes key takeaways and lessons from the course.

Todd Poole is president, founder, and managing principal of 4ward Planning Inc., with more than 24 years of economic development experience, both as a private sector consultant and a public sector practitioner.


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