K.I.S.S. – Keep It Simple, Stupid. This a principle we’ve come to appreciate over the years. Reporting on the impact of an economic development project can get technical but in developing Impact DashBoard, our economic development impact model, we have … Read More
Author Archives: Paul
Tax Increment Financing in Impact DashBoard
We recently added a feature to Impact DashBoard that gives users more control over tax increment calculations for evaluating projects in a TIF district. The basics are described below but feel free to reach out for a one-on-one explanation and … Read More
Total Impact Users – Switch to Impact DashBoard Today!
“Having been a client of Impact DataSource for over 13 years, I have utilized both the desktop model and the online Impact DashBoard. While the desktop version was very useful, I have found that the Impact DashBoard provides quicker and easier results among many other advantages.” … Read More
Impact DashBoard New Features
We’re excited to announce two new features added to Impact DashBoard: Sales Tax Rebates and Adjustable Length Analysis. Below you’ll find a breakdown of how to use these features and a video walk-through. Sales Tax Rebates Users can now model … Read More
A Word of Advice for Amazon HQ2 Communities
High-profile location projects like Amazon HQ2 magnify the importance of some economic development basics. Most important piece of advice I give to local governments, which doesn’t necessarily hold in the case of Amazon, is to get absolutely clear on the … Read More
ROUNDUP: Economic Development Secrets and Best Practices Summit
Here are some takeaways from our Texas Regional ED Best Practices Summits: DFW – Mansfield Panelists: Scott Welmaker, Director of Economic Development, City of Mansfield Allison Thompson, Director of ED & Tourism, Cedar Hill EDC Bruce Payne, Economic Development … Read More
Investigating Millennial Brain Drain with Six Region Types
Regional “brain drain” in the United States is a common point of concern for economic developers, educators, and government officials. Are highly skilled or well-educated individuals leaving one region in pursuit of opportunities in other areas of the country? Do … Read More
What’s My Economic Impact?
If you’re in economic development or even government for any amount of time, you will probably come across the topic of economic impact. It can be a confusing concept and so it is no surprise we find ourselves regularly explaining … Read More
Board Meeting Rabbit Holes
This was not how you envisioned the board meeting going. By this time, you expected to be getting kudos from the board and feeling on top of the world after presenting this really big economic development opportunity. You expected to … Read More
Economic Development Due Diligence Checklist
A recurring nightmare for many people is arriving to school and finding out there is a test for which you haven’t studied. Luckily, I can say I have only experienced this bone-shaking fear while sleeping and never in the classroom. … Read More