| Question |
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| Answer |
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| Used making a decision on whether or not to spend money to build a new senior center or hire more police. |
Cost-Effectiveness Analysis |
| Retaining existing business and industry is a goal of? |
Economic Development Programs |
| Attracting business is a goal of? |
Economic Development Programs |
| Developing and financing facilities that help capture business is a goal of? |
Economic Development Programs |
| When material that is a matter of public record containing sensitive, private, or confidential information is removed from a public file. |
Redaction |
| Concurrency is attributable to which state? |
Florida |
| The most common measure of traffic volume is? |
LOS |
| Compares what a community gains from a project to what must be sacrificed to obtain it. |
Cost-Benefit Analysis |
| A systematic comparision between the amount one section of the communty is paying to the cost of serivices provided to that sector. |
Cost-Revenue Analysis |
| Its purpose is to assist the city in determining if the project will generate sufficient revenue to defray the cost of public services. |
Fiscal Impact Study |
| The industrial classification system that replaced the SIC is? |
North American Industry Classification System (NAICS) |
| Utilize quantitative methods to analyze impact on the community; ie economic base theory, location quotient, shift-share, etc. |
Economic Development Plans |
| Use of info or current data symptomatic of what is being studied; ie sampling |
Estimate |
| "Best Guess" - id future considtion analysist feels to occur; decisions & judgement with respect to various factors & variables; might be skewed |
Forecast |
| "what If" about future if assumptions prove true (IF) |
Projection |
| Constructed to avoid undesirable futures, make desired forecasts come true, to create more desirable futures |
Plan |
| Method adds a shift factor to account for jobs into or out of local economy due to factors affecting local economy. |
Shift-share |
| Method determines level of basic sector employment by comparing local economy to economy of larger geographic region, State or country. |
Location Quotient |
| Method which allows analysts to quantify and evaluate connections between industrial sectors. |
Input-Output Modeling |
| Give money to develop businesses in a certain location. |
Place-Related Programs (Carter) Federal fundiing 1960s |
| Enacted in 1994-Federal funds to distressed areas. |
Empowerment Zone Program (Clinton) |
| Zone with tax breads for new investment are offered - tax reductions, direct grants, waiving land use requirements. |
Enterprize zone |
HHS Shrek
