ABSTRACT
The most significant things needed to calculate fiscal impact under the Spatial Method are the multipliers used to calculate the impact of each parcel. This chapter describes how they were determined for the city of Bloomington, IL. Bloomington, Illinois had a 2013 estimated population of about 77,680 and had a complex financial system. When separating operating from capital revenue, it is important to make sure that however things are divided, the totals must agree with the control totals and nothing is omitted or double counted. One may question the need to have the values for the multipliers expressed with five or more decimal places. A detailed breakdown of the commercial land use category was not available for Bloomington, so there was no way to identify the retail businesses. There were various forms of taxes on commercial enterprises, totaling $11.4 million. Examples were: franchise taxes, hotel/motel taxes or food and beverage taxes.
