Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br />Section II provides a broad of economic analysIs techniques as have to <br />comprehensive planning. Key elements of the fiscal impact analysis concept are then presented in <br />Section III. dimensions of the Howard County and Loudoun County models, and their <br />comprehensive planning, are described in Section IV, Finally, Section V analyzes the perceived <br />weaknesses, and applicability of fiscal impact analysis based on the case study descriptions <br />the opinions of those have implemented the two models, <br /> <br />II. Antecedents to Fiscal Impact Modeling <br /> <br />Planning, as a common local govemment practice, appeared with the rapid growth and suburbanization <br />that took place in the ,S, after World War II. Over the course of the past fifty years, a variety of <br />analysis techniques have been developed to incorporate economic and market factors into <br />comprehensive planning practice, Each of these techniques has met a specific set of needs for the <br />planning profession, <br /> <br />One the earliest economic analysis techniques commonly used in local comprehensive planning was <br />the economic base approach, First conceived in the 1920s, the economic base concept was popularized <br />by Homer Hoyt and Richard B, Adams in the post-WWII period (Murphy 1966), Economic base <br />analysis was introduced to a new generation of planning students in ' <br />1965), one of the first general planning textbooks and in <br />(lCMA 1968), another planning text also widely used by practicing planners. Planners used the <br />economic base approach to derive employment projections, consider local economic factors, and project <br />land use need by category - the most fundamental requirements for local comprehensive plans, This <br />approach required only readily available secondary data which, when coupled with relatively simple <br />analytical techniques, soon made economic base analysis a common tool in comprehensive planning. <br /> <br /> <br />The planning-programming-budgeting-system (PPBS) was an analytical approach of defining <br />measurable goals, setting aItel11atives, evaluating each aItel11ative for cost and effectiveness, and <br />choosing the best means for implementation (lCMA 1979), PPBS was introduced at the local level as an <br />outgrowth of its expanding use for complex projects at the federal widespread <br />categorical federal assistance to local govel11ments in the sixties, especially Model Cities, hastened the <br />spread of program budgeting, While PPBS linked planning and budgeting, its complexity prevented it <br />from being sustained once federal pressures for its use declined, <br /> <br /> <br />Subsequent to the brief life of PPBS, planners were offered a range of modeling techniques designed to <br />aid 111 understanding local and regional economies. Input-output analysis, shift-share analysis, and fiscal <br />impact analysis were described as planning tools in The: Practice: of Local Government Planning (ICMA <br />1979). The first two techniques found their advocates at the regional level while fiscal impact analysis <br />was found to be most applicable at the local level, where land use and budget responsibilities are closely <br />linked (McLean and Voytek 1992), Cost-benefit analysis techniques also found their way into the <br />planning literature, including matrix display techniques such as the planning balance sheet (Schofield <br />1987), Matrix display techniques permit the inclusion of non-quantitative data within planning analyses, <br />incorporating a wide variety of qualitative social and environmental factors with more quantitative <br />economic measures. Cost-benefit analysis has also come to playa major role in growth management as <br /> <br />file://\\metro-inet.us\Roseville\CommDev\PLANNING AND ZONING\PLANNING FI.., 02/17/2005 <br />- - <br />