Why Fiscal Impact Analysis?
Nearly every business searching for a place to expand to wants help with their bottom line through tax breaks, free land, or infrastructure expansion. Local governments ultimately foot the bill so it’s only fair that they understand whether the "investment" makes sense.
A new firm locating in your city or county will impact the local government and school district by raising revenues and expenditures over time. Which one rises more?
Fiscal impact analysis is a way to answer that question. If done right, it can provide reasonable estimates of the change in revenues through increased fee and tax collections and expenditures through increases in service costs due to expansion in households.
Exploring the Site
About WebLOCI has an overview of the tool including short videos on fiscal impact analysis and the software, information on data requirements, and sample reports.
Resources has a section of useful tips, data sources, property depreciation, and a glossary of terms.
Become a User tells you how to license the tool and pricing.
Contact Us gives you a way to send us a message.
You can access the software tool, its help system, and tutorial from the links on the right hand side.