ABSTRACT
This chapter illustrates the process by which fiscal impact was determined for the city of Bloomington, Illinois. It introduces the field MULT_JOIN as the way in which the Parcel_Factor file was joined iteratively with the MULTIPLIERS File. The chapter shows that the net taxable fiscal impact by land use category, after allocating the tax-exempt and surplus amounts to the taxable parcels. The Fiscal_Impact shapefile was created by copying the Parcel_Factor shapefile and then adding the field names that were to contain the calculations. One way to express the revenue multipliers was to combine operating and capital to provide a total revenue multiplier for each fiscal factor. Using the operating and capital fiscal impact multipliers, the preliminary fiscal impact of each parcel was calculated based on the values of the factors that were developed in the Parcel_Factor shapefile, which were copied to the Fiscal_Impact shapefile.
