Economic Analysis
Our firm focuses on analyzing projects to determine the impact on the surrounding areas, including the economy, employment and other aspects of the community. PMGA provides our clients with a measurement of the effects of any program, project or facility. Many of our clients use PMGA’s economic impact analyses as a justification of expenditures. PMGA provides a variety of other economic and fiscal analyses for its clients, among the services are: market analysis, feasibility studies, infrastructure requirements and demographic analysis/projections.
Redevelopment
Several services are offered by PMGA including Market Studies, Identification of Funding Sources, Operational Analysis, Findings of Necessity, Redevelopment Plans and Implementation Strategies. Some examples of the work performed by PMGA include a fiscal analysis which can calculate Tax Increment Financing (TIF) and other revenues generated by redevelopment projects and a Master Plan that leads to economic opportunity. PMGA is devoted to restoring a great business climate in the communities they serve and always illustrate how Redevelopment could be the answer to a client’s financial and budgetary problems.
Annexation/Incorporation
Annexation studies determine the costs associated with annexation including tax rates, service fees and other charges for both the existing and proposed corporate limits. Included in any analysis is the examination of land use and zoning issues to determine if there will be an impact on the lifestyle of the new residents. Incorporation studies establish a theoretical "city" including all levels of services and departmental staffing issues. This also involves preparing an estimated budget for the new city and identifying all revenue sources. Lastly, the estimated tax rate will be determined for the new city, in addition to its impact on residents.
Transportation Planning
Transportation studies include public transit, airports, ports and marinas, and general traffic examinations. The work performed in this field range from researching the use and value of a facility to surveying passengers in order to acknowledge and understand marketing, planning, and operational issues. Based on PMGA’s findings, a client could then determine the benefits of expansion and improving their existing framework. Other Transportation services contain demographic analysis, impact analysis, freight studies, rail and people movers, data base management, and public awareness and participation.
Financial Analysis/Fees
Research is collected and analyzed by PMGA to create an assessment of a business, project, or fee structure. Based on the assessment, the client will be able to make the major decisions they face in a very competitive market. PMGA not only addresses the client’s internal status, but also its status in relation to other outside groups with similar characteristics in that particular field of business. The financial assessment focuses on the profitability and stability of a client’s business or project, while a fee assessment will address each fee with specific recommendations for change based on the collected information.