Leveraging Economic and Fiscal Impact Studies for Informed Decision-Making

Wednesday, October 16, 2024

2:00 PM - 3:00 PM (EDT)

Join Us Virtually

Event Details

The webinar will explore the critical role of economic and fiscal impact studies in:

Shaping effective economic development strategies

Measuring the return on investment for financial assistance provided

Enhancing story telling/communication about the importance of economic development

Aimed at economic development professionals, the session will delve into why these studies are essential tools for making informed decisions and how to effectively utilize them to drive growth and prosperity.

Key Topics

Understanding economic and fiscal impact studies: Definition, components, and methodologies
The importance of data-driven decision-making in economic development

Case studies: Louisiana Film Industry Tax Credit Program ROI analysis, 7-Mile Bridge Trail Impact Analysis (FL), Fiscal Impact Analysis for the City of North Port Florida, Economic Impact of Lee Health (FL)

Best practices for conducting and interpreting impact studies
Integrating study findings into economic development strategies and policy-making

Learning Outcomes

By the end of this webinar, participants will be able to:

Articulate the value of economic and fiscal impact studies in economic development
Identify key components and methodologies used in these studies
Apply best practices for commissioning, conducting, and interpreting impact studies
Leverage study findings to inform policy decisions and attract investment
Communicate the importance of impact studies to stakeholders and community members

Presented By:

Rachel Selsky, AICP

Connor Allen

Angela Hallowell

Dawn Otterby

Tori McNiff