Will a new development generate enough local government revenue to cover the costs of public services required by the development? What impact do industries have on a region in terms of direct, indirect, and induced output and jobs? How can a State and local governments choose between different gaming applicants in terms of revenue maximization? How much revenue did a business lose due to an unanticipated interruption of operations? What is the income loss for a person injured on the job?
Economic analysis can be used to answer these questions, specifically financial, fiscal and economic analyses and economic damages analysis. These analyses are based on historical and projected economic data, public entity revenue and costs structures and development information. As this information is constantly changing, the goal of this blog is to provide another source of information about changes in the public entity finance, economic damages and gaming fields.