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3 <br />EPS fiscal analysis services for a range of actions taken by local government. <br />• Budget forecasting and analysis. Local governments are often make reference <br />to long range (5 to 10 year) forecasts of their revenues and costs as part of <br />making current budget decisions. EPS assists with the preparation of such <br />forecasts integrating research on real estate market trends, actuarial analysis <br />of employee benefit costs, desired increases in service levels, expected costs <br />of serving future growth, and other information. Such analysis informs current <br />budget decisions to assure that the jurisdiction’s budget will be sustainable over <br />the long term. <br />• Comprehensive plans and cost of growth study analysis. Local governments <br />are typically interested how proposed land use plans and related population <br />and employment growth affects their ability to sustain and improve the services <br />they provide. EPS prepares fiscal analyses of land use plans and growth to <br />provide an overall sense of the fiscal performance of growth, to compare <br />performance of alternative plans, and to establish fiscal policies and programs. <br />• Area and specific plan analysis and mitigation. Area and specific plans typically <br />create demand for additional public services and maintenance of new public <br />facilities. EPS prepares fiscal analyses of these area-specific plans to determine <br />whether the anticipated new development will generate public revenues in <br />excess of new public services costs created. As part of these plans such fiscal <br />analysis can lead to recommendations for modifying costs or increasing public <br />reviews as a part of plan implementation. <br />• Individual development project analysis. Individual development projects can <br />create demand for additional public services and maintenance of new public <br />facilities and also generate new public revenues. EPS prepares fiscal analyses <br />of individual projects to determine whether the will generate public revenues <br />in excess of new public services costs created. Such fiscal analyses indicate the <br />fiscal benefits of a project or lead to recommendations for modifying the project <br />or imposing conditions or approval that offset indicated fiscal deficits. <br />• Government reorganization analysis. Government reorganization including <br />such actions as annexations, provision or extension of new public services, or <br />consolidation of services will affect a local government’s costs and revenues. <br />EPS prepares fiscal analyses of government reorganization proposals determine <br />whether they will generate public revenues in excess of new public services <br />costs created. Such fiscal analysis often compares reorganization alternatives to <br />determine the best course of action and also may lead to recommendations for <br />modifications or changes in revenue sharing between local government entities or <br />creation of additional local revenue sources. <br />Fiscal Impact Analysis <br />Services Provided <br />Docusign Envelope ID: 98744AE5-EEED-4971-BE22-086E7E6B0F39Docusign Envelope ID: 453DF443-8D5B-8051-82C2-13A2E2134CFC