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Addemdumjul10item33 Attachment 4-Page 1 of 4 STATE OF CALIFORNIA _ DEPART ENT OF FINANCEECONOMIC AND FISCAL IMPACT STATEMENT (REGULATIONS AND ORDERS) STD. 399 IR EV l Z12OO11)See SAM Section 6601
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Economic and fiscal impact refers to the effect that a particular decision, project, or policy may have on the economy and government finances.
Government agencies, businesses, or organizations that are implementing a project or policy that could have significant economic and fiscal consequences are required to file economic and fiscal impact reports.
To fill out economic and fiscal impact reports, detailed analysis of the potential economic effects and financial implications must be provided, along with supporting data and calculations.
The purpose of economic and fiscal impact reports is to inform decision-makers about the potential effects of a project or policy on the economy and government revenue, allowing them to make informed choices.
Information such as projected costs, revenues, job creation, tax implications, and any other economic consequences must be reported on economic and fiscal impact reports.
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