ECONOMIC IMPACT MODELING SERVICES
Economic impact modeling is a cornerstone of conveying the positive economic impacts of a capital construction project or initiative. Using the Delta team’s collective education and experience in the fields of business, economics, planning, and municipal management, our team can perform in-depth economic analysis and very clearly and concisely convey economic impacts.
BENEFIT-COST ANALYSIS (BCA)
Many federal agencies require Benefit-Cost Analyses (BCAs) to evaluate the financial viability and broader benefits of applicant’s projects, ensuring the effective allocation of public funds. A well-prepared BCA isn’t just a requirement—it’s a powerful tool that strengthens your application, demonstrating that your project will generate economic, environmental, and societal returns.
Delta specializes in translating complex data into a compelling, agency-compliant methodology that helps clients maximize their funding potential and stand out in competitive programs. Our team develops BCAs for a variety of federal programs, including U.S. Department of Transportation, Economic Development Administration, and Federal Emergency Management Agency. We apply robust economic modeling to monetize a wide range of project benefits, including:
Many federal agencies require Benefit-Cost Analyses (BCAs) to evaluate the financial viability and broader benefits of applicant’s projects, ensuring the effective allocation of public funds. A well-prepared BCA isn’t just a requirement—it’s a powerful tool that strengthens your application, demonstrating that your project will generate economic, environmental, and societal returns.
Delta specializes in translating complex data into a compelling, agency-compliant methodology that helps clients maximize their funding potential and stand out in competitive programs. Our team develops BCAs for a variety of federal programs, including U.S. Department of Transportation, Economic Development Administration, and Federal Emergency Management Agency. We apply robust economic modeling to monetize a wide range of project benefits, including:
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INPUT-OUTPUT (ECONOMIC IMPACT ANALYSIS)
An economic impact analysis is essential for demonstrating how your project will drive economic growth, attract investment and create lasting opportunities. Whether you are seeking public funding, influencing community planning, or advancing private development, a well-executed analysis provides the data-driven insights decision-makers need to support your vision.
Delta delivers comprehensive economic impact studies that quantify local, county, regional, state and federal benefits, helping your project stand out in a competitive environment. We leverage federal resources such as the Bureau of Labor Statistics, U.S. Census Bureau, and state economic databases, combined with IMPLAN and other advanced economic modeling tools, to develop customized studies that quantify direct, indirect and induced impacts while capturing both temporary and permanent economic effects. Our analyses evaluate a range of economic factors including:
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LOCAL ECONOMIC REVITALIZATION TAX ASSISTANCE
Local Economic Revitalization Tax Assistance (LERTA) was established under Pennsylvania Act 76 of 1977 to incentivize investment in designated areas, providing municipalities, counties, and school districts with a tool to encourage economic development. By offering temporary property tax abatements on new construction and improvements, LERTA serves as a strategic tool for both developers and municipalities.
For developers, understanding the financial impact of LERTA ensures projects are economically viable and competitive. For municipalities, a well-structured LERTA program can stimulate redevelopment, attract private investment, and generate long-term tax revenue growth.
Delta develops comprehensive LERTA impact studies to help both the public and private sectors assess how tax abatements will influence job creation, business growth, infrastructure needs, and long-term fiscal sustainability. By quantifying the short- and long-term effects on property values and tax revenue projections, our analyses provide decision-makers with data-driven insights to structure LERTA programs that maximize community benefits.
Case Study - Wellspan Sports Complex (York County, Pennsylvania)
Local Economic Revitalization Tax Assistance (LERTA) was established under Pennsylvania Act 76 of 1977 to incentivize investment in designated areas, providing municipalities, counties, and school districts with a tool to encourage economic development. By offering temporary property tax abatements on new construction and improvements, LERTA serves as a strategic tool for both developers and municipalities.
For developers, understanding the financial impact of LERTA ensures projects are economically viable and competitive. For municipalities, a well-structured LERTA program can stimulate redevelopment, attract private investment, and generate long-term tax revenue growth.
Delta develops comprehensive LERTA impact studies to help both the public and private sectors assess how tax abatements will influence job creation, business growth, infrastructure needs, and long-term fiscal sustainability. By quantifying the short- and long-term effects on property values and tax revenue projections, our analyses provide decision-makers with data-driven insights to structure LERTA programs that maximize community benefits.
Case Study - Wellspan Sports Complex (York County, Pennsylvania)
TAX INCREMENT FINANCING
Established under Pennsylvania’s TIF Act of 1990, Tax Increment Financing (TIF) is a powerful economic development tool that allows local governments to stimulate private investment by capturing the increase in property tax revenue generated by a project and reinvest it into site development, infrastructure, and other strategic initiatives that drive economic growth.
Delta brings extensive experience in developing data-driven TIF analyses that help municipalities and developers maximize the value of TIF. By evaluating existing and projected assessments, we help clients quantify the incremental tax revenue that forms the foundation of a successful TIF. We work closely with stakeholders to assess the impact on each taxing body, model various allocation scenarios, and identify the optimal structure for financing critical investments while maintaining fiscal balance.
With a deep understanding of economic development strategies, we deliver actionable insights that allow public and private sector clients to leverage TIF effectively and unlock new opportunities for growth and revitalization.
Established under Pennsylvania’s TIF Act of 1990, Tax Increment Financing (TIF) is a powerful economic development tool that allows local governments to stimulate private investment by capturing the increase in property tax revenue generated by a project and reinvest it into site development, infrastructure, and other strategic initiatives that drive economic growth.
Delta brings extensive experience in developing data-driven TIF analyses that help municipalities and developers maximize the value of TIF. By evaluating existing and projected assessments, we help clients quantify the incremental tax revenue that forms the foundation of a successful TIF. We work closely with stakeholders to assess the impact on each taxing body, model various allocation scenarios, and identify the optimal structure for financing critical investments while maintaining fiscal balance.
With a deep understanding of economic development strategies, we deliver actionable insights that allow public and private sector clients to leverage TIF effectively and unlock new opportunities for growth and revitalization.
FISCAL IMPACTS
Understanding the tax implications of development is essential for local taxing bodies, as well as for developers evaluating project feasibility. Delta’s fiscal impact analyses provide a comprehensive comparison of tax revenues generated under multiple development scenarios, ensuring decision-makers have the insights needed to make informed choices.
Delta evaluates both one-time and recurring tax revenues, including realty transfer taxes, property taxes, and other municipal revenue streams, to assess the long-term financial impact of a project. By modeling different scenarios, we help stakeholders understand how land use decisions, tax abatements, and incentive programs influence local tax bases, service demands, and overall economic sustainability. With experience in property valuation, tax structures, and municipal finance, we provide clear, data-driven projections that support strategic planning and investment decisions.
Understanding the tax implications of development is essential for local taxing bodies, as well as for developers evaluating project feasibility. Delta’s fiscal impact analyses provide a comprehensive comparison of tax revenues generated under multiple development scenarios, ensuring decision-makers have the insights needed to make informed choices.
Delta evaluates both one-time and recurring tax revenues, including realty transfer taxes, property taxes, and other municipal revenue streams, to assess the long-term financial impact of a project. By modeling different scenarios, we help stakeholders understand how land use decisions, tax abatements, and incentive programs influence local tax bases, service demands, and overall economic sustainability. With experience in property valuation, tax structures, and municipal finance, we provide clear, data-driven projections that support strategic planning and investment decisions.