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This document presents data tables, sources, and formulas related to the Idaho Fiscal Impact Model, developed by Stephen Cooke and Linette Fox, highlighting various demographic and economic factors in Idaho counties as of 1990.
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01
Gather all relevant data and information regarding your fiscal analysis.
02
Open the Idaho Fiscal Impact Model (IFIM) spreadsheet or software tool.
03
Identify the specific program, policy, or project for which you are assessing fiscal impact.
04
Input baseline financial data, including current funding levels and expenditures.
05
Enter projected changes in costs or revenues resulting from the proposed action.
06
Consider the impact on various funding sources and revenue streams.
07
Use the model to simulate various scenarios and assess potential fiscal outcomes.
08
Review the generated output for accuracy and clarity.
09
Prepare a summary of findings and implications based on the model's results.

Who needs idaho fiscal impact model?

01
State government agencies evaluating policies or programs.
02
Legislative committees assessing budget impacts.
03
Local governments planning new initiatives.
04
Non-profit organizations seeking to understand fiscal implications of projects.
05
Financial analysts and stakeholders in budgeting processes.
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The Idaho Fiscal Impact Model is a tool used to analyze the financial implications of proposed legislation on the state's budget and economy.
Legislators and state agencies are typically required to file the Idaho Fiscal Impact Model when proposing new legislation that may affect fiscal resources.
To fill out the Idaho Fiscal Impact Model, one must provide detailed information on the projected costs and savings associated with the proposed legislation, along with any necessary supporting documentation.
The purpose of the Idaho Fiscal Impact Model is to provide a comprehensive analysis of how proposed laws will financially affect the state, facilitating informed decision-making by lawmakers.
The Idaho Fiscal Impact Model requires reporting information such as estimated costs, anticipated savings, revenue changes, and any other financial implications related to the proposed legislation.
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