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Fiscal Impact Analysis

CGS conducts fiscal impact studies for proposed and projected land development to assist local public service providers in examining probable long-term fiscal impact on the community.  The studies typically cover a 10 to 20 year projection period and create a “balance sheet” for public revenues and expenditures.  The analysis of the impacts associated with the nature and pace of land development may be considered one of the most critical components of local or regional fiscal management.  Communities that ignore such impacts over a prolonged period of time may be unpleasantly surprised in the future.  The simple fact is that the physical development pattern of a community is one of the primary determinants of long-term fiscal health.  The balance between anticipated revenues and costs can vary substantially among the three basic land use categories (residential, commercial, and industrial) and among individual development projects.

Among the tools available to CGS, the Fiscal Impact Land Use Model (FILUM) offers a land use driven fiscal impact analysis program.  Land use input for the FILUM program is provided through a Land Capacity Model.  As a result, land use inputs are not limited to individual sites or specific development proposals.  Entire planning areas can be entered as input for analysis.  Program output can focus on alternative development scenarios, alternative design regulations, alternative forms and values, and alternative rates of growth.

Recent Example:

Rockford Metropolitan Agency for Planning (RMAP) Spring Creek Road / Interstate 90 Study

Contact

For additional information about fiscal impact studies, please contact:

Brian Richard
Assistant Director
815-753-0162 
brichard@niu.edu