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NOTICE OF INTENTDepartment of Environmental Quality Office of the Secretary Legal Affairs and Criminal Investigations DivisionBayou Chen DO Criterion Revision (LAC 33:IX.1123, Table 3) (WQ101)Under
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Fiscal and economic impact refers to the effects that a decision, policy, or project may have on the financial and economic aspects of a company, organization, or government.
Government agencies and organizations that are proposing new policies, projects, or changes that may have significant financial and economic implications are required to file fiscal and economic impact assessments.
Fiscal and economic impact assessments are typically filled out by analyzing relevant data, conducting research, and using financial modeling techniques to estimate the potential effects of a decision or project.
The purpose of fiscal and economic impact assessments is to help decision-makers understand the financial consequences of their actions, make informed choices, and ensure accountability and transparency in the decision-making process.
Fiscal and economic impact assessments typically include information on projected revenues, costs, savings, employment impact, and other financial and economic indicators that may be affected by the proposed decision or project.
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