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Board weighs professionally produced economic impact statement to support park funding
Summary
Members discussed hiring or commissioning a professionally produced economic impact statement to quantify parks' economic benefits as a lobbying and outreach tool; potential local funding and a committee to research scope and cost were proposed.
Board members discussed preparing an economic impact statement (referred to in the meeting as an "EIS" and clarified as an Economic Impact Statement) to document the business and economic benefits parks provide to local communities. A member said an EIS intended for lobbying and outreach needs professional credibility: if the study is to be used as a lobbying tool it must be professionally produced to be effective.
Members suggested forming a committee to investigate scope, potential university partnerships, and funding. One board member said a local foundation had funds that might be appropriate to cover costs and urged the board to begin with a modest, professional approach rather than informal analysis.
Why it matters: A credible economic analysis could strengthen requests for state capital-improvement dollars and legislative receipt-authority funding and support advocacy for staffing and maintenance funding.
