The fiscal impact analysis uses three types of input data. The first category of demographic and economic projections is called Demand Base data inputs. These numerical projections include data such as population, housing units, employment, and commercial and industrial space.
The second category of input data focuses on property taxes. Market values of residential and non-residential property in the City of Dublin, expressed in constant current dollars, are multiplied by the current tax rate and assessed value to calculate property tax revenues for new development (for both operating and capital facility purposes). The market values are based on new residential and non-residential development data.
The third type of input data relates to government service levels, costs and revenues and is used to calculate the annual costs, revenues and capital facilities by city department or function, where appropriate.
The fiscal impact analysis uses three types of input data. The first category of demographic and economic projections is called Demand Base data inputs. These numerical projections include data such as population, housing units, employment, and commercial and industrial space.
The second category of input data focuses on property taxes. Market values of residential and non-residential property in the City of Dublin, expressed in constant current dollars, are multiplied by the current tax rate and assessed value to calculate property tax revenues for new development (for both operating and capital facility purposes). The market values are based on new residential and non-residential development data.
The third type of input data relates to government service levels, costs and revenues and is used to calculate the annual costs, revenues and capital facilities by city department or function, where appropriate.