Local governments offer financial incentives to private firms in hopes of encouraging development, creating jobs, and enhancing the local tax base, which will ultimately improve the community. However, the effectiveness of many of these incentives are questionable. The finance officer should take an active role in the analysis of development incentives and integrate this analysis into more comprehensive financial planning efforts. Overall, finance officers must ensure that any incentive offered creates a positive net impact on the community. At this session you will learn about how finance officers can and should contribute to the analysis of development incentives and play a vital role in economic development programs.
If This Is It: How to Analyze Economic Development Proposals
Monday, May 7, 2018 - 10:30am to 12:10pm
Basic understanding of economic development and the finance officers role in economic development projects