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Model Use

The information produced by the model can be used government policy decisions, public relations purposes, or to demonstrate the value of economic development efforts. The Fiscal Impacts Model is typically useful to those involved in economic development.
Such users include:


  • Economic development agencies
  • Developers
  • Business Owners
  • City/town governments
  • Chambers of Commerce
  • County governments
  • State governments
  • Tourism agencies
  • School districts

The user can answer questions like:


  • How many new jobs will a business create in my local economy?
  • How much tax revenue will a company generate for local governments?
  • What is the impact of a new or existing business by community?
  • What are the benefits to surrounding communities?

The primary benefits of the model results:


  • Evaluate what new and existing jobs mean to your community
  • Determine the impact by industry
  • Calculate the impact by community
  • "WHAT IF" Analysis for Economic Development Policy
  • Quantify the impact of your business retention and expansion efforts
  • Help justify your annual budget or justify a specific project
  • Help make case for budgetary expenditures
  • Help the public understand the benefits of a proposed development
  • Help a developer obtain entitlements or incentives