Califia – Planned Community Fiscal Impact & Feasibility Analysis
For Califia, Brion Economics developed a detailed fiscal impact model for an 11,000 unit/5 million sq. ft. new community, River Islands in Lathrop, CA. Our analysis was used to negotiate an amendment to the project Development Agreement. Also based on the report, special tax assessments were proposed for maintenance and City services not covered by project revenues. This analysis, which we prepared in 2007-08, was put on hold during the recession and activated again recently.