Community Impact Model - Fiscal Impacts of Land Development
The Community Impact Model (or CIM) is intended to promote better land use decision-making through a better understanding of the fiscal impacts of land development. The model makes it possible to quickly and easily estimate the fiscal impacts of a proposed development on local governments.
Fiscal impact analysis is a tool for making better land use and urban planning decisions. The fiscal impact is the financial impact of a project, policy, or decision on one or more units of government. For local land use decisions, the impact on local governments (and local taxpayers) is typically the primary interest.
The CIM performs a fiscal impact analysis of a proposed land development’s impacts and can be used to inform public policy decisions related to proposed land use changes, comprehensive plan amendments, and land conservation opportunities.
Any type, size, or combination of residential, commercial, industrial, and mixed-use development can be modeled. Once basic information about the development, local taxes, and fees is obtained, the information can be entered and the modeling completed very quickly. The model automatically generates a complete output report with summary tables and charts that can be easily printed.
The model is intended to provide an initial estimate of the fiscal impacts of a land development proposal and is not intended for calculation of local development impact fees, or for any other legal purpose, which requires greater precision.
Thanks to a grant, the CIM was initially made available for public use, along with instructions and detailed model description. However, due to continued costs to maintain and update the model, it is only available through Fodor & Associates. Please contact us if you are interested in this fast and affordable approach to fiscal impact analsyis.
