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Jill Toronto FISCAL IMPACT STATEMENT Notice of Motion: MM8.5 OperatingTotal Operating Impact: $150,000 (gross) $__0__ (net) 2023 Gross Financial Impact:$150,0002024 Gross Net2025 Gross Net2026 Gross Net0

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Identify the project or proposal that the fiscal impact statement is being prepared for.

02

Gather all relevant financial data and information related to the project or proposal.

03

Determine the potential financial impact of the project or proposal on various entities such as the government, businesses, and individuals.

04

Organize the financial data and information in a clear and concise manner.

05

Prepare the fiscal impact statement using the gathered data and information, making sure to include all relevant details and calculations.

06

Review the fiscal impact statement for accuracy and completeness before submitting it for review.

Who needs fiscal impact statement for?

01

Government agencies and officials

02

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Organizations and businesses involved in the project or proposal

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What is fiscal impact statement for?

The fiscal impact statement is used to assess the financial impact of a proposed legislation or government policy.

Who is required to file fiscal impact statement for?

Government agencies, legislative bodies, or any organization proposing a new law or policy are required to file a fiscal impact statement.

How to fill out fiscal impact statement for?

The fiscal impact statement should be filled out with detailed analysis and projection of the financial implications of the proposed legislation or policy.

What is the purpose of fiscal impact statement for?

The purpose of the fiscal impact statement is to inform decision-makers and the public about the potential costs and benefits of a proposed law or policy.

What information must be reported on fiscal impact statement for?

The fiscal impact statement should include projected costs, revenue impacts, and any potential economic effects of the proposed legislation or policy.

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