Orange County NC Website
13 <br /> 1 revenue benefit realized in municipalities. This study could also be modified to include the <br /> 2 municipalities at additional expense. <br /> 3 <br /> 4 This study and its findings do not have a direct relationship in the Unified Development <br /> 5 Ordinance (UDO). Whether a project has a net positive or negative is not the basis of an <br /> 6 approval or denial but may be considered in some legislative decisions. <br /> 7 <br /> 8 Julie Herlands of TischlerBise, Inc. will provide a PowerPoint on the findings and address any <br /> 9 comments and questions, and County staff will also assist with questions and answers. <br /> 10 <br /> 11 Craig Benedict, Planning and Inspections Director, reviewed the background information <br /> 12 for the item. He said that he is hoping staff will refine this model on an annual basis. <br /> 13 <br /> 14 Julie Herlands of TischlerBise, Inc. gave the following PowerPoint presentation: <br /> 15 <br /> 16 Slide #1 <br /> 17 <br /> 18 <br /> 19 Slide #2 <br /> 20 <br /> Fiscal Impact Analysis in General <br /> • Evaluating cash flow to the public sector <br /> o Do revenues that are generated from a development cover cost impacts? <br /> • Based on a jurisdiction's current level of service—reflected in current budget <br /> • Intent is to help achieve planning and fiscal goals by understanding the <br /> connection between land use decisions and revenue generationloperating <br /> impacts <br /> o Models are built to address specific questions <br /> • Fiscal impact analysis differs from Economic Impact Analysis and Municipal <br /> Budgeting <br /> 21 Tischer I�Ise <br /> 22 <br /> 23 Julie Herlands said that what they are looking at is the cost to serve. She said that not all <br /> 24 costs are affected by growth. She said they engaged in a process to see what the pressure <br />