The success of our clients is of paramount importance to us; as such, our economic development services are tailored to meet the needs of the EDOs with whom we work. We make it our mission to develop a clear understanding of the EDO’s goals and fully support these initiatives for the success of the communities they represent. Our capabilities in this regard are vast; we have developed technical capabilities focused on economic development incentive modelling and economic/fiscal impact modelling.
Fee-in-Lieu of Tax (FILOT) Model
We have pioneered and made available a Fee-in-Lieu of Tax (FILOT) Illustration Model allowing economic developers to understand the financial impacts of the various fee-in-lieu of tax and special source revenue credit arrangements available to new and expanding companies in South Carolina. Our model offers easy to manipulate variables, built-in tax rates, and automated functionality illustrating the net financial impacts quickly and easily for all stakeholders. Contact us for licensing inquiries or to schedule an online demonstration of the model.
Fiscal/ Economic Impact Model
We are currently developing a fiscal/economic impact model which will be semi-customizable by county and state and incorporate unique state/county-specific elements that can have a significant effect on the model’s outputs. Sign up for our newsletter to stay informed on our progress as we work to finalize our impact model.