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STATE OF CALIFORNIA DEPARTMENT OF FINANCEECONOMIC AND FISCAL IMPACT STATEMENT (REGULATIONS AND ORDERS) STD. 399 (REY. 12/2013)(economic IMPACT STATEMENTDEPARTMENT NAMECONTACTP.ERSONEMAIL ADDRESSBureau
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01
Start by conducting thorough research on the economic and fiscal factors that need to be assessed.
02
Determine the scope and objectives of the impact analysis, including the specific policies, projects, or events that will be analyzed.
03
Gather relevant data and information, such as economic indicators, financial records, and government reports.
04
Identify the key stakeholders and their perspectives on the economic and fiscal impacts.
05
Analyze the data and information to assess the potential economic and fiscal effects of the policies, projects, or events.
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Present the findings in a clear and concise manner, using tables, charts, and graphs if necessary.
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Consider the sensitivity of the results to changes in assumptions or inputs, and provide a range of possible outcomes.
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Communicate the results to the relevant stakeholders and policymakers, along with any recommendations or suggestions for mitigation.
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Review and evaluate the impact analysis periodically to ensure it remains accurate and up-to-date.
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Continuously improve the impact analysis process based on feedback and lessons learned.

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Economic and fiscal impact refers to the effects that a particular project, program, or policy has on the economy and government finances.
Various stakeholders such as government agencies, businesses, and organizations may be required to file economic and fiscal impact reports depending on the specific project or policy.
To fill out economic and fiscal impact reports, stakeholders must gather data on costs, benefits, revenue, and expenses associated with the project or policy, and analyze the potential economic and fiscal effects.
The purpose of economic and fiscal impact reports is to provide decision-makers with information on the potential economic and fiscal consequences of a project or policy in order to inform policy decisions.
Information on costs, benefits, revenue, expenses, employment impacts, and government revenue impacts must be reported on economic and fiscal impact reports.
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