Economic Benefit Statement for Chapter 403 / JETI Program The Jobs, Energy, Technology and Innovation Act (JETI) was created by the 88th Texas Legislature in 2023 and began accepting applications in January 2024. The JETI program (Tax Code Chapter 403 … Read More
Incentives
Our Economic Development Impact Detailed Report
In a related post, I explained what type of information was included in the Summary Report in Impact DashBoard. Impact DashBoard includes a one-page Summary Report for each taxing district in your analysis but the Detailed Report, consisting of 10-15 … Read More
Our Economic Development Impact Summary Report
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
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
In Defense of ED Incentives
“I’ll stop using economic development incentives when Walmart stops having sales.” – Some Economic Developer, Somewhere, Sometime It’s an intriguing comparison, but are economic development incentives analogous to retail sales? During this webinar, we compared economic development incentives to some … Read More
2015 Blog Posts
[av_one_full first] [av_heading tag=’h1′ padding=’10’ heading=’Impact Datasource – 2015 in Review’ color=’custom-color-heading’ style=” custom_font=’#c48236′ size=” subheading_active=” subheading_size=’15’ custom_class=”][/av_heading] [av_textblock size=” font_color=” color=”] Thanks to all of our clients and readers for an amazing 2015! We’re pumped for 2016 and have … Read More
Webinar Recap: Economic Development Incentives Process
[av_textblock size=” font_color=” color=”] Webinar Recap: Economic Development Incentives Process Did you miss it? Well, you’re in luck! Impact DataSource hosted a webinar series on the effective and judicious use of economic development incentives and we’re sharing the videos and … Read More
Economic vs. Fiscal Impacts – What's More Important for Economic Developers? For Best Results, Estimate Both
Newspaper articles and press releases often describe business location or expansion deals in terms of jobs and average pay. Sometimes the economic output, usually in millions or better yet billions, is also touted to underscore the massive economic impact of … Read More
Making Wise Decisions on Economic Development Decisions
Impact DataSource helps economic development organizations, cities and other governments make wise decisions on incentives. We recommend communities conduct an economic and fiscal impact analysis to estimate the value of the proposed project and base the incentive amount on the … Read More
Economic Development Incentive Decisions
Learn more about the use of local economic development incentives through our Local Economic Development Training Course. Although critics may view the use of economic development incentives as corporate welfare, local governments can improve the social welfare by supporting private … Read More