SCCOG Completes Fiscal Impact Analysis Report and Tool
The Southeastern Connecticut Council of Governments, with assistance from 4ward Planning, Inc., recently completed a two-phase project concerning municipal expenditures and the fiscal impacts of land development in member municipalities.
Phase One of the project produced a report that examines municipal and school-district expenditures and liabilities. The report profiles each community and identifies regional trends. Phase Two of the project built upon data collected during Phase One to create individualized tools for each municipality. The Phase Two tools are intended to estimate new tax revenue and municipal and school-district expenditures associated with future residential, commercial, and industrial development, based on project-specific inputs from municipal staff.