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This document outlines the need for establishing an enterprise-level GIS software standard within state government agencies and discusses the fiscal impact of implementing this standard, including

How to fill out statement of need and

How to fill out Statement of Need and Fiscal Impact

1. Begin by clearly stating the purpose of your project or initiative in the Statement of Need.
2. Identify and articulate the specific problem or need that your project addresses.
3. Provide relevant data or evidence that supports the existence of the need.
4. Explain who is affected by this need and how they are impacted.
5. Outline the objectives of your project and how they align with addressing the need.
6. In the Fiscal Impact section, detail the financial implications of your project.
7. Include a clear budget that lists all expected expenses and revenue sources.
8. Discuss the long-term financial sustainability of the project.
9. Ensure that both sections are well-organized, concise, and persuasive.

Who needs Statement of Need and Fiscal Impact?

1. Non-profit organizations seeking funding.
2. Grant applicants needing to justify their projects.
3. Government agencies applying for program support.
4. Businesses looking for financial support for community projects.
5. Educational institutions pursuing grants for research or programs.

People Also Ask about

What does fiscal impact mean?

Fiscal policy influences the economy through government spending and taxation, typically to promote strong and sustainable growth and reduce poverty.

What is fiscal policy impact?

The Hutchins Center Fiscal Impact Measure shows how much local, state, and federal tax and spending policy adds to or subtracts from overall economic growth, and provides a near-term forecast of fiscal policies' effects on economic activity.

What does "no fiscal impact" mean?

No Fiscal Implication (NFI) Implementing proposed legislation will not require any additional resources, nor produce any savings, nor create any state revenue impact.

What is fiscal impact of legislation?

A fiscal impact statement is an analysis of the aspects of the bill affecting government finances and the estimated change in revenues and expenditures that will occur if the bill becomes law.

What is a fiscal impact statement?

What is a fiscal impact statement? A fiscal impact statement (FIS) provides an estimate of the impact a bill or resolution has on the District government's revenues and expenditures.

For pdfFiller’s FAQs

What is Statement of Need and Fiscal Impact?

The Statement of Need and Fiscal Impact is a formal document that outlines the justification for a proposed project or initiative and assesses its financial implications. It helps decision-makers understand the necessity of the project and its potential economic effects.

Who is required to file Statement of Need and Fiscal Impact?

Typically, organizations, government agencies, or entities proposing a project that requires funding or regulatory approval must file a Statement of Need and Fiscal Impact.

How to fill out Statement of Need and Fiscal Impact?

To fill out the Statement of Need and Fiscal Impact, you need to provide detailed information about the project, including the need for the project, budget estimates, potential funding sources, and an analysis of the fiscal impact on the community or organization.

What is the purpose of Statement of Need and Fiscal Impact?

The purpose of the Statement of Need and Fiscal Impact is to ensure that proposed projects are justified and financially viable. It serves as a tool for transparency and accountability in the funding decision process.

What information must be reported on Statement of Need and Fiscal Impact?

The Statement of Need and Fiscal Impact must report information such as the project's objectives, anticipated benefits, budgetary requirements, sources of funding, timeline, and an assessment of the economic impact of the project.