AUTUMN 2003

Weaving the Arts into Communities

Regional Authority Works
to Bolster Economy in Delta

Fund Designed to Counter
Predatory Loans

Fed Study Examines Casino
Gambling, Impact on Economy

New National Resource Center
Available on Web

Bank Staff Available
to Answer Questions

Federal Reserve Schedules
Seminars on Reg C Amendments

What Exactly Is BOOF?

The Federal Reserve Fiscal Impact Tool

Spanning the Region

Have You Heard

Calendar

Resources

The Federal Reserve Fiscal Impact Tool

What impact does economic development have on tax revenue and government costs in your city, county or region? The Federal Reserve Fiscal Impact Tool (FIT) helps local economic developers answer that question by estimating tax gains as well as government costs associated with growth. The software provides a framework for developing a quick estimate of fiscal impact with limited effort and data gathering. FIT also contains city, county and state economic data, including: retail trade data from the U.S. Bureau of the Census, time series on population and per capita income, and historical county and state labor force statistics. Find out how to obtain your copy of FIT by visiting www.federalreserve.gov/community.htm.