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<br /> <br /> <br /> <br /> <br /> <br /> <br />are on <br />Fiscal be less <br />For example, when independent <br />water and sewer facilities, roads, parks construction or other large capital expenditures, the local <br />government may not have adequate reason to invest in fiscal impact analysis. The scope and scale of the <br />planning project also affects the applicability of complex analysis, The initial expense, coupled with the <br />for knowledge of modeling and statistics, may limit the applicability of fiscal impact <br />to only the largest, most complex efforts, <br /> <br /> <br />Planners themselves are sometimes hesitant to undertake fiscal impact analysis, The "fear <br />also extends to planners, who may be intimidated by the complexity of the models, Finally, <br />that impact analysis will drive entire planning effort, instead of serving as one of <br />many considerations, <br /> <br /> <br /> <br />Conclusions <br /> <br />Based on the case studies of Howard County, Maryland and Loudoun County, Virginia, some <br />generalizations can be made on how fiscal impact analysis has been integrated into local comprehensive <br />planmng, In summary, fiscal impact analysis models in these two communities have: <br /> <br />1. incorporated a wide variety of market factors into the models as inputs, effectively linking <br />economics and comprehensive planning; <br />2, lead to a greater understanding of how market demand drives development and how this growth <br />impacts the local government budget; <br />3. lead to useful applications of fiscal analysis not originally envisioned when the models were <br />developed e,g, capital facilities needs analysis and the analysis of tax incentives for economic <br />development; and <br />4, been integrated into the planning process so thoroughly that project based applications are now <br />being demanded, <br /> <br />In spite of its expense, complexity, and limitations, both case study communities have found significant <br />value in fiscal impact analysis and are working to expand its applicability, <br /> <br />The lessons learned from Howard and Loudoun Counties' experience with fiscal impact analysis may be <br />useful to other communities considering its application. Most of these are practical considerations that <br />ultimately affect the acceptability and usability of the models: <br /> <br />1. ensure that the model features user friendliness and flexibility - spreadsheet software now <br />available should permit substantial improvements in the user characteristics over earlier models; <br />2, ensure that the model's outputs are fully explainable - even though Loudoun County planners <br />understood the structure and details of the model, they could not adequately "explain" the outputs <br />due to some hidden proprietary calculations; and <br />3, provide adequate interdepartmental staff resources and training - multiple departments or agencies <br />may need to be involved in fiscal impact analysis, including planning, budget, public works, and <br />school personnel. <br /> <br />Future research should focus on a broader sample of users of fiscal impact analysis models, The two <br /> <br />file:lA\metro-inet.us\Roseville\CommDev\PLANNING AND ZONING\PLA1\TNING FI.., 02/17/2005 <br />