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Committee backs contract to create 10-year financial forecast and development-impact model
Summary
Des Moines City economic development committee endorsed moving a $68,000 contract to the finance committee and full council to develop a 10-year financial forecast and an Excel-based development impact tool; staff proposes a six-month timeline and partial funding from the development fund.
Councilmember Netting and staff told the Des Moines City Economic Development Committee on March 27 that they intend to send a proposed $68,000 contract to the finance committee and city council for consideration on April 10 to produce a 10-year long-range financial plan and a development impact analysis model.
The draft project, presented by a staff member, would produce three macroeconomic scenarios (worse, steady, and strong) for the city’s finances and build an…
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