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2019-356-E Planning - Tischler Bise Fiscal Economic Model consulting
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2019-356-E Planning - Tischler Bise Fiscal Economic Model consulting
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Last modified
6/25/2019 10:49:40 AM
Creation date
6/25/2019 10:18:13 AM
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Contract
Date
6/28/2019
Contract Starting Date
6/28/2019
Contract Ending Date
12/31/2019
Contract Document Type
Agreement - Services
Amount
$50,480.00
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R 2019-356 Planning - Tischler Bise Fiscal Economic Model consulting
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\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2019
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"DocuSi, velope ID:49DCCCCF-BDED-4EDB-A3D5-579B6C96F48E <br /> WA King Count • <br /> WI Sun Prairie <br /> WV McDowell County&Wyoming Count <br /> Project Examples/References <br /> Below are project examples/references for previous work similar to what is being requested by Orange <br /> County. <br /> City of Fairfax, Virginia — Fiscal Impact Models <br /> Project Contact: Nicole Hange, Economic Development Director <br /> Phone: (703) 385-7851 <br /> Email: nicole.hange@fairfax.gov <br /> TischlerBise developed two fiscal impact models for the City of Fairfax. The City desired a tool capable of <br /> to conduct fiscal evaluations for specific development projects, as well as to evaluate municipal- <br /> wide scenarios. It has been our experience that it is extremely difficult to develop one model that does <br /> both types of analyses well. Therefore, we developed two distinct models for the City to be used for <br /> different purposes—a Development Project Fiscal Impact Model and a Citywide Fiscal Impact Model. The <br /> models were calibrated appropriately with the Project Model calibrated with recent development projects <br /> and the Citywide model was calibrated to long-term growth scenarios. The assignment included detailed <br /> analyses to establish current demand assumptions (e.g., student generation rates, household sizes, <br /> property valuations, and demand for public safety services), operating and capital impacts, as well as an <br /> economic impact module. <br /> City of Falls Church, Virginia— Fiscal Impact Model <br /> Project Contact: Rick Goff, Economic Development Director <br /> Phone: (703)248-5491 <br /> E-mail: rickgoff@fallschurchva.gov <br /> TischlerBise developed the Fiscal Impact Model used by the City of Falls Church to evaluate new <br /> development proposals.TischlerBise developed the first model for the City over a dozen years ago, <br /> has conducted several periodic updates in the interim,and has just recently updated and expanded <br /> the model for 2015. The model is an average cost/case study marginal hybrid fiscal model that is used by <br /> the City's Economic Development Department to test development programs particularly for mixed use <br /> projects. Most recently, TischlerBise expanded the model to include a more robust capital module as well <br /> as revised methodologies for some revenue categories based on new and better data availability.The City's <br /> fiscal model has the capability to test a wide range of residential and nonresidential land uses, which have <br /> TischlerBiserBise 9 <br /> FISCAL 3 ECONOMIC I PLANNING <br />
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