Laserfiche WebLink
JOHNSON <br />CONSULTING <br />Direct Spending by attendees, exhibitors, associations, and general visitors, across categories of <br />events and visitor groups: sports, leisure, convention and meetings, group tours, as well as festivals <br />and events in local venues. <br />Economic Impact Analysis — To estimate indirect spending, employment and earnings generated <br />by the direct spending outlined above, Johnson Consulting will utilize the multipliers from various <br />local or internationally accepted economic impact models. This will yield information on indirect and <br />induced spending, employment and wages at various governmental levels. <br />Fiscal Impact Analysis — The fiscal impact analysis will estimate tax dollars returned to State, <br />County, and City annually as a result of events and activities. Taxes will include admissions tax, <br />personal income tax, accommodations fees, sales tax, hospitality tax, and other major taxes levied by <br />the various levels of government. <br />Estimates of economic and fiscal impacts will be made for 12 months of operation. Once the analysis is <br />complete, we will conduct tests to ensure outputs make common sense, in terms of total taxes collected by <br />jurisdiction, correlation with prior information and in general to other economic impact studies. <br />REPORTS AND MEETINGS <br />We are noted for the clarity, simple sophistication, and quality of our reports. The following are deliverable <br />products that we will provide to Client representatives: <br />Kick -Off Meeting. Will be an initial meeting with the Client Group to confirm the objectives of the <br />Project, tour the site area, and collect and analyze data for the project. <br />- Mid -Point Workshop: At the conclusion of Tasks 5 and G (facility program recommendations and <br />site analysis), Johnson Consulting will conduct an intensive I -day workshop with the Client Group to <br />discuss key recommendations for the potential facilities and a summary of the site analysis findings. <br />Based upon feedback from the Client Group, we will advance to the subsequent tasks of the analysis. <br />Draft Report: Will be provided to Client representatives at the completion of Task 9: Development <br />& Funding Strategy. The Draft Report will include fully documented findings and recommendations, <br />and will be accompanied by appropriate graphics and presentation material. Following the issuance <br />of the Draft Report, Johnson Consulting will meet with Client representatives to discuss our program <br />recommendations and agree upon a preferred model for our demand and financial projections. <br />- Final Report: Fully documented Final Report addressing all client comments and refinements. <br />6 East Monroe Street I Fifth Floor I Chicago, Illinois 60603 I Phone: 312.447.2010 I Farc 312.444.1125 <br />AnM hic.com I clohnsongpehic corn <br />