Our economic analysis and strategic planning
work is a catalyst for changing the economic well being
of an area. Seifel Consulting helps clients understand
the financial consequences of their policies and actions.
For example, we’ve projected the fiscal and economic
impacts on local communities from military base conversions,
master planned communities, and mixed-use developments.
These analyses help shape community negotiations between
the public and private sector.
Economic
Development and Revitalization Strategies
We help clients assess opportunities and formulate
strategies for business attraction and retention, job
creation, revenue augmentation, and community revitalization.
We help public agencies identify and market their assets,
prepare requests for proposals, evaluate submittals
and recommend terms of development agreements.
Fiscal
and Economic Impact Analyses
We perform fiscal impact analyses, providing public
clients with a tool for understanding the economic
consequences of proposed development on their budgets.
We model anticipated fiscal revenues, operating expenses
and capital costs related to the buildout of proposed
projects. We analyze local and regional economic impacts,
helping to quantify the job and wage generation from
proposed developments.
Public
Financing Strategies
We analyze public financing techniques such as assessment
districts, Mello Roos special taxes and redevelopment
tax increment, to determine when and how they can be
best utilized. We evaluate the advantages and disadvantages
of these techniques, as well as their funding potential
for redevelopment agencies, special districts, municipalities
and developers.
Public
Policy Analysis
We perform policy analysis to help public clients
understand the economic consequences of alternative
policy actions, particularly the cost of a proposed
development versus its long-term benefits to the
community. In performing such cost/benefit analyses,
we also examine the economic effects on local and regional
governments and an area's economy by estimating impacts
on property value, retail sales, income and employment.
Impact
Fee Analysis
We perform impact fee analysis to determine the appropriate share of public facilities that new development should help fund,
recognizing that impact fees cannot pay for existing deficiencies. We perform calculations of public service and capital
facility impact fees for both comprehensive and annual updates of municipal fees.
