Fiscal Impact Analysis Model FIAM

1
Fiscal Impact Analysis ModelFIAM

• Training
• South Florida Regional Planning Council
• June 22-23, 2006

2
FIAM Training

• Welcome
• Self-Introductions
• Agenda
• Session 1 (June 22)
• Session 2 (June 23)

3
Agenda Session 1 (Today)

• Registration
• Welcome and Self-Introductions
• Introduction
• Model Components Overview
• Break for Lunch
• Model Inputs
• Questions and Answers

4
Agenda Session 2 (Friday)

• Session 1 Recap
• Model Outputs
• Questions and Answers
• Break for Lunch
• Model Examples
• Questions and Answers
• Adjourn

5
Overview of FIAM Status

• Get Acquainted meeting held on May 26
• Purpose of this training (expected outcome)
  Ensure that each local government representative
  that participates both days will understand the
  basic purpose of the model, its components and
  data requirements, the outputs it generates, and
  the potential uses of the model for their own
  jurisdiction

6
Overview of FIAM Status

• SFRPCs FIAM Team Carlos Gonzalez, Manny Cela,
  Jeanne Tan
• SFRPC FIAM website at www.sfrpc.com/fiam.htm
  (available on Monday, June 26)
• We will post the training model (Version 7.5) on
  the website by Monday contact Manny if you have
  trouble downloading the spreadsheet

7
Overview of FIAM Status

• Developed by Fishkind and Associates under
  contract to FDEP / FDCA
• RPCs are responsible for the roll-out across
  the state (TBRPC lead) we will train and
  provide technical assistance to the local
  governments in South Florida
• FIAM User Group will operate in conjunction with
  the South Florida Economic Forecasting
  Partnership (www.sfrpc.com/remi.htm), which
  includes Treasure Coast

8
Overview of FIAM Status

• Some local counties and cities participated in
  the pilot phase previous versions are in use
• Revisions continue (DCA and Fishkind, with input
  from RPCs) but the basic model structure is in
  now place
• When local governments should be operational with
  FIAM or an alternative Jan/07

9
Overview of FIAM Status

• New Version 8.0 to be released by DCA in Fall
  2006
• Manual for Version 8.0 under development (TBRPC
  with input from other RPCs)
• Additional support for data collection from
  standardized sources from RPCs, DCA

10
Introduction to the FIAM Model

• Purpose Evaluate comprehensive plan financial
  feasibility (whether the mix of land uses on the
  Future Land Use Map can be financially supported
  by the local government)

11
Introduction to the FIAM Model

• Summary of Approach
• project future land use consumption (residential
  and non-residential)
• project capital revenues and costs for projected
  land uses
• project total revenues and expenditures for the
  land use scenario
• assess impact of the future land use scenario on
  fiscal projections

12
Introduction to the FIAM Model

• Preliminary Model Issues
• Timeframe consistency data availability (start
  year, comprehensive planning horizon)
• County vs. City data availability
• Areas (1, 2, 3) data availability
• File management (version controls)