Start Year

**Analysis Level**

Required for all levels

**Definition**

The year construction starts. Typically this is a year before operation starts or year 0.

**How its Used**

You can add as many construction periods as you want and therefore, the start year would change for each occurance. For example, if the project is being phased in over time and there is an additional expansion of building and equipment planned for year 4, then the start year for this expansion would be 3.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Number of Years

**Analysis Level**

Required for all levels

**Definition**

The number of years for this construction period. Typically this is one year, but it can be longer.

**How its Used**

You can add as many construction periods as you want. Each period needs a length of time and this is where you enter it.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Construction Materials Purchased

**Analysis Level**

Required for all levels

**Definition**

The total value of construction materials used in the construction of the facility. This figure should be consistent with the time series of depreciated building investment (minus labor cost component - see next field) entered in the Project-Value of Facility Property screen.

**How its Used**

This item is used, with the percentage purchased locally and subject to sales tax, to calculate local sales taxes from these purchases. You need to enter TOTAL construction materials purchased by the project in this data field.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Construction Labor Payroll

**Analysis Level**

Required for all levels

**Definition**

Total payroll for construction workers during the construction period.

**How its Used**

Used to estimate local sales taxes from purchases made by construction workers during the construction period. If the project is divided into phases, each phase can have a separate construction payroll figure with each phase reflecting only the additional payroll. You need to enter TOTAL construction payroll for the project in this data field.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Furnishings & Equipment Purchased

**Analysis Level**

Required for all levels

**Definition**

Total purchases of furniture and equipment for the facility after construction. This figure should be consistent with the time series of depreciated furnishings and equipment entered in the Project-Value of Furnishings and Equipment screen.

**How its Used**

Used to calculate local sales taxes from the purchase of furniture and equipment following construction. If the project is divided into phases, each phase can have a separate equipment purchase figure with each phase reflecting only the additional equipment purchases. You need to enter TOTAL furniture and equipment purchased by the project in this data field.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Annual Sales by Facility Subject to Local Sales Tax

**Analysis Level**

Required for all levels

**Definition**

Annual sales made by the facility that are subject to local sales or use taxes.

**How its Used**

These values are used to calculate the sales taxes that may apply to these sales. It is more applicable to tourism projects where a new tourism facility sells products on site. If you pair this project with a community profile where sales taxes are allocated by formula, be sure to include all sales to the formula jurisdiction (for example, the county if this project is paired with a city).

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Annual Purchases of Operating Items

**Analysis Level**

Required for all levels

**Definition**

Total annual operating expenditures for the facility (annual average over the time horizon) which are subject to local sales tax..

**How its Used**

Used to calculate local sales taxes from annual facility purchases of items used during operations. The most frequent significant item here is local purchases of telecommunications and power services which are often subject to sales taxes. Be sure to include only purchases subject to local sales taxes.

**How to Estimate it or Where to Get It**

Prospect provided.

**Descriptive Name**

Impact Fees

**Analysis Level**

Required for all levels

**Definition**

As defined here, they represent any fees the facility pays to the local government prior to beginning its operation. These fees are most commonly hookup fees for water and sewer, but may include other fees as well. If the project is divided into phases, each phase can have a separate impact fee figure with subsequent phases reflecting only the additional impact fees expected to be collected.

**How its Used**

Not used in any other calculations. It's a revenue source that is placed in year 0, Miscellaneous Fees.

**How to Estimate it or Where to Get It**

The source for this information would be the city planning department and/or the locally supplied utility departments.

**Descriptive Name**

Annual License or Occupation Tax

**Analysis Level**

Required for all levels

**Definition**

This is an annual fee that many cities and/or counties impose on a business. It can be set based on the number of employees or through some other means.

**How its Used**

Not used in any other calculations. It’s a revenue stream for local governments, occuring annually.

**How to Estimate it or Where to Get It**

The source for this information would most likely be the city planning department or city managers office.

**Descriptive Name**

Income and Employment Multipliers

**Analysis Level**

Required for Total Impacts

**Definition**

Both the income and employment multipliers are the ratio of total impact to direct impact.

**How its Used**

Multiply direct income by the income multiplier to get the total income impact, i.e., direct, induced, and indirect. Similarly, multiply direct employment by the employment multiplier to get total employment impact.

**How to Estimate it or Where to Get It**

The multipliers need to be specific to the industry the facility is part of. Where available, income and employment multipliers can greatly reduce the amount of data which must be collected to estimate the multiplier effects in a community. Getting multipliers (that you can have confidence in), however, is not always easy, especially if the jurisdiction is a city. The problem is that input-output models used to develop multipliers become increasingly uncertain as the economy modeled becomes smaller and less diverse. Caution should be urged in using multipliers developed for geographic areas not equal to the jurisdictional boundaries. Consult local universities/colleges as a possible source.