Professional Education › Local Fiscal Impact Analysis (WebLOCI)

Professional Education Course

Local Fiscal Impact Analysis (WebLOCI)

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Course Title: Local Fiscal Impact Analysis (WebLOCI)
Program ID: EDEV 1008P Subject: Economic Development

Sections

Registration DeadlineSection DatesFormat & LocationCEUsFeeStatus
Oct 16, 2012 (Tue)Oct 16, 2012 (Tue) - Oct 17, 2012 (Wed)Atlanta (Georgia Tech Global Learning Center) (this is an onsite course)1.15$950OPEN

Meeting Times
On the first day of class, check in at least 30 minutes before the class start time.

  • Tuesday, October 16, 2012 (8:30 AM-4:15 PM)
  • Wednesday, October 17, 2012 (8:00 AM-4:00 PM)

CRN

12689/220413316

Course Description

WebLOCI™ and its predecessor, LOCI™, is a web-based tool for local fiscal impact analysis that helps local governments understand the impact of financial incentives on their bottom line. The tool can be used for new or expanding companies. If you haven't been exposed to fiscal impact analysis, this course will provide you with a basic understanding of what this kind of analysis will tell you, how you can use it to help your community negotiate with prospects, and how to integrate WebLOCI into your strategic planning.

How You Will Benefit

Learn to:

  • Understand the general theory of fiscal and economic impact analysis
  • Develop your WebLOCI community data profile
  • Determine data sources for community and project data profiles
  • Better understand your community through a data profile
  • Interpret results from the analyses

Course Materials

Attendees will each receive a copy of the course manual.

NOTE:  The course fee does not cover the license fee for WebLOCI.  Licenses must be purchased separately by contacting Kimberly Dunn in Georgia Tech’s Office of Technology Licensing at 404-894-9727. License fees and other information can be found at http://weblociusers.org.

Course Administrator

Hortense Jackson

Instructors

Course Agenda

Day One
8:00-8:30 a.m. -- Registration
8:30-8:45 a.m. -- Course introduction
8:45-9:45 a.m. -- Key concepts in fiscal and economic impact analysis
9:45-10:00 a.m. -- Break
10:00-10:30 a.m. -- WebLOCI™ software overview
10:30-12:30 a.m. -- Community profiles (city, county, schools)
12:30-1:30 p.m. -- Lunch
1:30-3:00 p.m. -- Case study #1 – Basic manufacturing
3:00-3:15 p.m. -- Break
3:15-4:15 p.m. -- Case study #2 – Handling phases

Day Two
8:00-8:30 a.m. -- Continental breakfast and networking
8:30-9:00 a.m. -- How to do a quick analysis
9:00-10:00 a.m. -- Case study #3 – High tech firm
10:00-10:15 a.m. -- Break
10:15-11:15 a.m. -- Case study #4 – More than one jurisdiction
11:15-12:15 p.m. -- Case study #5 – Even more complicated
12:15-1:15 p.m. -- Lunch
1:15-2:15 p.m. -- Case study #6 - Tourism projects
2:15 p.m. -- Breakup – end of main course
2:15-4:00 p.m. -- Optional Session

Question and answer period. Ask us about your community’s situation, e.g., special tax districts, and we’ll talk about how WebLOCI™ can accommodate them.