Falls Church, Virginia

TischlerBise developed the Fiscal Impact Model used by the City of Falls Church to evaluate new development proposals. TischlerBise developed the first model for the City over a dozen years ago, has conducted several periodic updates in the interim, and has just recently updated the model for 2014. The model is an average cost/case study marginal hybrid fiscal model that is used by the City’s Economic Development Department to test development programs particularly for mixed use projects. Most recently, TischlerBise expanded the model to include a more robust capital module as well as revised methodologies for some revenue categories based on new and better data availability. The City’s fiscal model has the capability to test a wide range of residential and nonresidential land uses, which have been modified and expanded in the recent update, to keep up with the ever-changing types of development being proposed in the City.