Fiscal/Economic Impact Analysis

From a fiscal standpoint, development can have both positive and negative impacts on a community.  While additional tax revenue is always desirable it is important to understand whether revenue will be offset by additional capital needs or the cost of providing services.  Houseal Lavigne Associates provides the expertise necessary to evaluate development impacts on taxing bodies, include municipalities, school districts, park districts, fire districts, and others.  Development can also have an economic impact on a community or region. Economic impacts are measured in several ways and include analyzing increased expenditures within the study area that can be attributed directly or indirectly to a project or development, which also includes projections of job creation. Houseal Lavigne Associates assists clients with quantifying and planning for those impacts.

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