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<br /> <br />discussed <br /> <br />form the foundation of the FIA, Economic or <br />the user at the outset--or may be derived in the FIA process, <br />of economic and demographic variables is often required even when these are <br />used demographic and economic variables are described below and listed in <br /> <br />The economic and demographic <br />can be <br /> <br /> <br />Additional <br />Some of the most <br />Figure ]. <br />Population/Demographic. Subsets of population would distinguish between in-migration and natural <br />increases attributable to more bilths than deaths, age-co hOlt characteristics, school enrollment <br />characteristics, patterns and population multipliers, <br />* subsets include jobs by type (temporary, construction or <br />occupation or industry, direct, induced and indirect employment, labor force <br />unemployment rates, resident employment, wages and salaries. <br />* Housing subsets include housing type, tenure and occupancy, density <br />units per acre), vacancy rates, and housing unit value, <br />* Nonresidential development. Nonresidential development subsets include commercial, industrial, retail, <br />office and public buildings. Subsets may also include value, occupancy and density characteristics, <br /> <br />rates, <br /> <br /> <br />expressed in <br /> <br /> <br />Revenue and Expenditure Chal"acteristics <br />An FIA should be budget-based if it is to provide useful results. The general fund revenues and <br />expenditures should be compiled and analyzed for the previous three to five years using actual budget <br />data. Historic data will need to be converted to constant dollars in order to eliminate the effects of <br />inflation. <br /> <br />Revenues and expenditures are treated separately and are usually disaggregated into the largest <br />objects or functions required for projection and study purposes, General purpose government revenue <br />sources, which usually require disaggregation for analysis and projection purposes, include sales, <br />property, income, business, gasoline, utility and franchise taxes, building and permit fees, interest <br />earnings and intergovernmental revenues, Smaller sources of revenue may be lumped together and <br />projected as a group. Expenditure categories may include such functions as general government, fire and <br /> <br />4 <br />