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HIGHWAY WORK PROPOSALProposal Number:6Wisconsin Department of Transportation DT1502 10/2010 s.66.29(7) Wis. Stats.COUNTY Reinstate PROJECT FEDERAL PROJECT ID53010474WISC 2015 177PROJECT DESCRIPTION
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01
Identify the specific economic development project or program being evaluated.
02
Determine the goals and objectives of the economic development project or program.
03
Identify the key performance indicators (KPIs) that will be used to measure the success of the project or program.
04
Gather data on the inputs, outputs, and outcomes of the project or program.
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Analyze the data using appropriate economic evaluation methods, such as cost-benefit analysis or cost-effectiveness analysis.
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Present the findings in a clear and concise manner, including any recommendations for future action.

Who needs measuring economic development benefits?

01
Government agencies responsible for economic development policy and planning.
02
Businesses looking to assess the impact of their investments in economic development initiatives.
03
Non-profit organizations working on economic development projects.
04
Academic researchers studying economic development trends and outcomes.
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Measuring economic development benefits involves evaluating the positive impacts that economic activities have on a region or community.
Businesses, organizations, or government agencies that have received incentives or grants for economic development projects may be required to file measuring economic development benefits.
Measuring economic development benefits can be filled out by providing relevant data and information on the economic outcomes and impacts of the development projects.
The purpose of measuring economic development benefits is to assess the effectiveness and efficiency of economic development initiatives, and to ensure accountability and transparency in the use of public funds.
Information such as job creation, revenue generation, infrastructure improvements, and community development must be reported on measuring economic development benefits.
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