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SUBJECT: FISCAL IMPACT MODEL OVERVIEW <br />DATE: MAY 14, 2024 PAGE 6 OF 6 <br />Cumulative Combined Funds Resuffs (x$1,0D0) - Scenario Comparisons (x$1,000) <br />City of Louisville <br />Fiscal Imnact Model <br />SCENARIO <br />Revenue by Fund <br />High <br />% <br />Low <br />% <br />General Fund <br />$2,416 <br />60% <br />$1,003 <br />52% <br />Open Spaces & Parks Fund <br />$309 <br />8% <br />$152 <br />8% <br />Lottery Fund <br />$0 <br />0% <br />$0 <br />0% <br />Historic Preservation Fund <br />$114 <br />3% <br />$56 <br />3% <br />Capital Projects Fund <br />$1,195 <br />30% <br />$701 <br />37% <br />TOTAL REVENUE <br />1 $4,034 <br />1 1100,761 <br />$1,912 <br />1 100% <br />Expenditures by Fund <br />General Fund <br />$1,891 <br />62% <br />$883 <br />52% <br />Open Spaces & Parks Fund <br />$93 <br />3% <br />$42 <br />3% <br />Lottery Fund <br />$0 <br />0% <br />$0 <br />0% <br />Historic Preservation Fund <br />$0 <br />0% <br />$0 <br />0% <br />Capital Projects Fund <br />$1,075 <br />35% <br />$765 <br />45% <br />TOTAL EXPENDITURES <br />$3,060 <br />100% <br />$1,691 <br />10070 <br />NET FISCAL RESULT BY FUND <br />General Fund <br />$525 <br />$120 <br />Open Spaces & Parks Fund <br />$216 <br />$1 10 <br />Lottery Fund <br />$0 <br />$0 <br />Historic Preservation Fund <br />$114 <br />$56 <br />Capital Projects Fund <br />$120 <br />($64) <br />,NET FISCAL IMPACT <br />$974 <br />$222 <br />Staff plans to provide a demonstration of the model at this meeting so that City Council <br />has a better understanding of how staff operates the model and to help answer any <br />questions about the model. <br />ATTACHMENTS: <br />1. ICMA IQ Report, Fiscal Impact Analysis: How Today's Decisions Affect <br />Tomorrows <br />2. Planning Advisory Service Report, Fiscal Impact Analysis: Methodologies for <br />Planners <br />3. Staff Presentation <br />CITY COUNCIL COMMUNICATION <br />7 <br />