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<br />Fiscal Impact Analysis of Five Growth Scenarios <br /> <br />Calvert County, Maryland <br /> <br />A. Population, Housing and Employment Projections <br />The current and projected population. housing units, nonresidential square feet, and <br />employment for Calvert County and the five scenarios are summarized in the <br />sections below. <br /> <br />'1. Population <br />The current population in Calvert County is estimated at 69,400. The table below <br />contains detailed information pertaining to net population increases and average <br />annual increases. <br /> <br />Average Annual Projected PopulatJon Increase by Scenarto <br />calvert County, Maryland <br /> <br /> 1998-2005 2005-2010 2010-2015 2015-2020 Net lnerease <br />Scenarto Avg. Ann. Inc. Avg. Ann.lnc. Avg. Ann. Inc. Avg. Ann. Inc. 1998-2020 <br />Current Trends 1,829 2,560 2,750 2,750 53,103 <br />High Economic Development 1,829 2,560 2,750 2,750 53,103 <br />COnstrained Growth 1.277 1.225 1,185 922 25,600 <br />Slowed Growth One 1,826 1,812 1,803 1,794 39,831 <br />SlOwed Growth Two 1,826 1,812 1,803 1.794 39,831 <br />· Average Annual Increases are yearty totals. <br />Net ina-eases are the sum of averaae annual multiPlied bY the number of vears In the time Derlod. <br /> <br />The current population of 69,400 is projected to increase by 53,103 persons, or 77%, <br />under the Current Trends and High Economic Development scenarios. On an <br />average annual basis, population increases at faster rates later in the analysis time <br />period (i.e. 1,829 annually from 1998 to 2005 and 2,750 annually during the 2015 to <br />2020 period). Population growth under Constrained Growth is projected to increase <br />by 25,600 persons, or 37%. On an annual average basis, population growth slows <br />gradually, from an average annual rate of 1,277 from 1998 to 2005 to a slower rate of <br />922 annually during the 2015 to 2020 period. Population growth under the two <br />Slowed Growth scenarios is projected to increase by 39,831 persons, or 57%. .As is <br />the case in the Constrained Growth scenario, population grovlth is faster on" an <br />average annual basis in the beginning of the analysis time period, 1,826 annually <br />from 1998 to 2005 to 1,794 annually during the 2015 to 2020 period. <br /> <br />2. Housing Units <br />The current number of housing units in Calvert County is estimated at 25,112. The <br />existing housing stock is over 90% single family. This trend is projected to continue <br />in each of the-five scenarios, where single family units are approximately 95% of the <br />total net increase. The table below contains detailed information pertaining to net <br />housing unit increases and average annual increases. <br /> <br />12 <br /> <br />Tischler & Associates, Inc. <br />