Our Services
Impact DataSource offers the following services:
- Economic impact and cost-benefit analysis for economic developers
- Fiscal impact analysis for home builders associations and homebuilders
- Custom-built economic and fiscal impact computer models
- Feasibility studies
- Economic development strategic plans
 Economic
Impact Analysis for Economic Developers and Other Organizations:
Our economic impact and cost-benefit analysis for economic developers,
cities, counties, private firms, utilities, and site location consultants
are affordable with a quick turn-around (generally within two days).
If you are an economic development organization, our analysis provide
a third party evaluation of an incentive package for a firm or project
that you are presenting to your board or to the City or County for approval.
If you are a site location consultant or a firm considering a new facility
in a community, our analyses will allow you to develop an appropriate
incentive request from a community or state.
The analyses typically project the economic impact of a firm or project
for a ten year period and the costs and benefits for each local taxing
district. In addition, the analyses calculate tax abatements and other
incentives.
Further, the analyses provide a rate of return on investment and payback
period for incentives being considered or calculate appropriate levels
of incentives based on expected revenues for local taxing districts and
reasonable rates of return on investment.
Here are the steps in our analysis:
- Download our data sheets.
- Enter data on the sheets.
- Email or fax the completed sheets to us.
- We complete the analysis and e-mail the completed report to you.
- We mail you an invoice upon completion of our work.
Fiscal
Impact Analysis for Home Building Associations and Homebuilders:
Our fiscal impact analyses for home building associations and homebuilders
typically project the annual impact of a new subdivision or several subdivisions
and the costs and benefits for each local taxing district. This includes
the impact during construction and on-going annual impacts after the
subdivision is built out. The analyses also include other impacts, such
as the number of new students who will attend local schools.
Our analyses provide a third party look at the fiscal impact of a subdivision
that you may be presenting to zoning boards, government officials and
community groups for approval or acceptance.
Overall, our reports may be useful in showing that subdivisions pay
their own way.
Here’s how we do an analysis:
- Contact us to discuss your project.
- We will prepare and provide you with data sheets to gather information
on the subdivision and local tax and other rates needed for us to conduct
a fiscal impact analysis.
- If needed, we will gather information from local taxing districts
for the analysis.
- We will conduct the analysis and provide the report to you.
- If needed, we will present the report to your organization or other
groups.
- We will submit an invoice once the draft report is completed, typically
for half of the project cost, and another invoice when the project
is completed.
Economic
and Fiscal Impact Computer Models:
Impact DataSource has developed several economic and fiscal impact
analysis computer programs for clients, including cities, utilities,
the Builders Association of Greater Indianapolis, the Indiana Builders
Association, the League of Kansas Municipalities and the New Mexico Economic
Development Department.
Members of the Builders Association of Greater Indianapolis and the
Indiana Builders Association use an Impact DataSource program to calculate
the fiscal impact of new subdivisions.
The New Mexico Economic Development Department uses an Impact DataSource
program to calculate the economic impact of projects or firms considering
locating or expanding in the state, to estimate the related costs and
benefits for the state and local taxing districts, and to estimate state
and local incentives that may be offered to a firm.
The Kansas model is similarly used by cities and counties throughout
the state.
Impact DataSource models are affordable, developed with your input and
customized to your needs.
Contact us for information on our economic
and fiscal impact analyses models.
Feasibility
Studies
Impact DataSource’s feasibility studies provide a comprehensive
analysis of your project, including industrial parks, civic centers and
other projects. The reports present data to give you confidence to go
forward or abandon your project.
Contact us for information on our feasibility
studies.
Economic
Development Strategic Plans
Impact DataSource’s strategic plans provide a comprehensive road
map for economic development in your community, with pragmatic goals,
strategies, steps, and funding options.
Contact us for information on our economic
development strategic plans.
Our
Rates
Impact DataSource’s economic impact analyses for economic developers,
cities, counties, utilities, private firms and site location consultants
are affordable. Please contact us for our
rates.
Our other services, including fiscal impact analyses for new subdivisions,
computer models, feasibility studies and economic development strategic
plans similarly are competitively priced. Please contact
us for a quote on your project.
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