Budgets
The City's most recent budget totals $270,319,074. The Education Department,
along with Police and Fire, are some of the largest Departments in the City.
Given the nature of the proposal, these Departments will be the most directly
affected by the proposed project and as such, will be closely reviewed in this
analysis. Figure Two outlined the percentage breakdown of the budget.
Figure Two
Budget Percentages
Transfers General
2% Government
Public Worss
Fa)
Planfi bys Histuric/t O
Police
12k
Education
59°
A. Fiscal Methodology Approach
Fiscal Impact Analysis can have many connotations, this analysis will follow the
classic definition of fiscal impact as follows “A projection of the direct, current public
costs and revenues associated with residential or nonresidential growth to the local
jurisdiction in which the growth is taking place.”
There are a number of methodologies that are used to estimate fiscal impacts of
proposed development projects. The Per Capita Multiplier Method is the most
often used analysis to determine municipal cost allocation. This method is the
classic “average” costing method for projecting the impact of population growth
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