Fiscal Impact Analysis for the Town of New Windsor, Maryland

Abstract

New Windsor, Maryland is seeking to install upgrades to town infrastructure; accomplishing this would have significant costs. Based on preliminary projections, there is potential for growth over the next 20-30 years, and it is important to consider that this growth could bring in new revenue.

New Windsor has commissioned seniors in the University of Maryland’s Information Science program, through the PALS program, to complete a fiscal analysis of growth and revenue. Through collaboration between the UMD team, the New Windsor Mayor and Council, the PALS program, and the subject matter expert from BAE Urban Economics, the UMD team seeks to provide the town of New Windsor with a fiscal impact analysis that will project the expected impact of growth in the town, and if that growth will offset the costs of planned infrastructure improvements.

Notes

Final Project for INST490: Integrated Capstone for Information Science (Spring 2021). University of Maryland, College Park.

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