Impact Models

Our economic and fiscal impact models are designed specifically for economic development professionals to help you put it all together. Every model is customized for you and since our platform is extremely flexible, we can add additional features to meet your unique needs.

We offer two versions of our economic and fiscal impact model – Total Impact™ and Quick Impact™. Our models are available on a subscription basis to clients who wish to complete their own economic impact analyses of economic development projects.

Here are some of the reasons why we believe our economic and fiscal impact models are the best available:

  • User-friendly Software
    Our software utilizes the familiar Microsoft Excel environment, is easy to navigate and inputs are clearly marked. All local tax rates and assumptions are built into the model and project-specific data can be entered quickly and easily.

  • Useful for Economic Developers & Local Governments
    The model is designed to put it all together – estimate economic impacts and then translate these impacts into fiscal impacts for taxing districts. Your customized model will include analysis for the specific incentive programs you typically use – property tax abatement, sales tax rebates, cash incentives or even a tax increment financing district.

  • Comprehensive Analysis of Impact
    The model will determine the economic impacts and clearly estimate the relevant additional revenue and additional costs for taxing districts. Visit here for a list of typical types of economic impacts, fiscal benefits and costs calculated.

  • Completely Customized For Your Community Or Region
    Recognizing every community, region and state is different, we build each model custom for you and include only relevant revenues and costs. Understanding organizations vary in the way they analyze projects, we customize the analysis and the reports the model generates to fit your approach.

  • Unlimited Analysis Support
    The model is a powerful tool but sometimes you need support to be sure you are analyzing a project correctly. The model’s annual licensing agreement includes unlimited analysis support from experienced economists. This means your can call with project-specific questions like:

    • Does this prospect data seem reasonable?
    • Why are the net benefits so high/low?
    • What are reasonable assumptions for this project since the prospect didn’t provide much information?
  • Analyze Incentives Your Way
    The model will allow you to analyze the types of incentives you typically provide, in a way that makes sense to you. Some common incentive analyses we include are property tax abatement, sales tax rebates, cash incentives and tax increment financing districts.

Learn more about our models on the following pages or contact us for a web demonstration.