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Fiscal Impact Analysis & Economic Development Plan for the City of Gahanna, Ohio

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Publication Date: May 2008

Publisher(s): Center for Governmental Research Inc.

Author(s): Kent Gardner

Funder(s): Research Works, Inc.

Funder(s): Research Works, Inc.

Topic: Economics (Economic policy, planning, and development)

Keywords: Economic Analysis; Public Finance

Type: Report

Coverage: New York Ohio

Abstract:

For the Columbus, Ohio suburb of Gahanna, CGR developed an interactive model that forecasts the net property and income tax revenue for alternative development scenarios. The model also estimates the impact of tax abatements of variable length and magnitude, adjusting for offsetting payments to school districts.

With this tool, the City can “test” the economic consequences of alternative planning and zoning strategies. CGR has also developed similar models for NYS towns, allowing them to assess the fiscal impact of open space preservation.