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Broomfield staff roll out new long‑range financial model to map fiscal impacts of land‑use decisions
Summary
City economists presented a four‑year effort to build a repeatable, policy‑focused long‑range financial plan that models land‑use mixes, development agreements and revenue scenarios through 2055; council asked for scenario testing, GIS heat maps, and integration with budget documents and consultant review.
Broomfield staff on Tuesday introduced a new long‑range financial plan (LRFP) intended to give the City and County more repeatable, data‑driven fiscal analysis of land‑use choices.
Jeff Romine, an economist with the city and county of Broomfield, told the council the LRFP is “not a budget model. This is a decision support tool,” designed to show how different land‑use mixes, development agreements and market variables alter fiscal outcomes over 5, 10, 20 and 30‑year horizons. He said the model breaks land uses into eight types across more than 300 geographies and includes…
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