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A computerized model for analyzing the financial impact of developments

A computerized model has been developed for evaluating the financial impact of a new development on existing jurisdictions. It can be applied to many types of real estate development such as new towns, residential subdivisions or industrial parks to analyze their impact on jurisdictions such as the local city, county, school board or utility district. It can be used by both the jurisdictions in evaluating proposed development and by the developer in obtaining zoning changes, building approvals, etc. Outputs include a projected budget for up to twenty years for each jurisdiction and an impact statement with projected tax millage rates, and bonding margins.
 The types of problems which this model solves and its general features are first explained in the introduction. Then the mathematical model structure and equations are presented. Finally, results from applying the model to the analysis of new community development and industrial plant construction are discussed.