Deerfield Township TIF Forecast Tool
Prepared for:
Deerfield Township 
The Economics Center created an analytical tool to forecast commercial property values and TIF revenues for TIF districts in Deerfield Township. This tool is simple and dynamic, requiring a minimum amount of user input but still flexible in constructing optimistic and pessimistic forecasts to approximate a variety of underlying conditions.
The Economics Center analyzed data from 30 local taxing districts to construct the tool, which generates a current year estimate and a 10-year forecast of total TIF revenues.
Read Deerfield Township Fiscal Officer, John Wahle's testimonial.
While Deerfield Township’s need was to project the values of, and revenues generated by their TIF districts, the basic forecast tool is appropriate for commercial properties in general, as well as residential property values. With the assistance of the Economic Center Research Team, new data can be sourced related to commercial and residential property values.
“The Economics Center has proven to be a great partner and an excellent resource to Cadmus. Their knowledge about the local community and economy—coupled with their analytic capabilities—have been important components of our evaluation and very well received by our client. We look forward to our continued collaboration with the Center.”- 
George’s major focus areas are regional economics and human capital. With his colleagues at the Economics Center, he continues to apply lessons learned in those fields to economic development and workforce development.
“We needed to communicate the value of our institution in the local community and the Economics Center’s economic impact analysis helped us accomplish that goal. They were very easy to work with and met our expectations. We will certainly utilize their services for economic analysis in the future and would recommend them to others.”- 
Jennifer’s work includes analyzing individual and household decision-making, factors that influence as well as the economic and fiscal impacts of those decisions. - 
Jeff has worked with leaders from the public, private, and non-profit sectors, designing and implementing economic development and research projects in response to diverse community issues.
“We're very pleased with the results of this study. Often times, when people think about arts and culture organizations, they do not take into account the economic benefits that come with the educational and entertainment benefits. That was one of our main goals when commissioning this project." 
“The Economics Center brings analytical expertise and valuable insights that helps our clients to develop and, then, communicate key messages. The research team understands we are in a world increasingly dependent on data for decision making. The Center is an important partner in our business and a valuable resource to our community.” - 
“As a research-based organization, Cincinnati Works relies heavily on the type of data and analysis the Economic Center provides. Their ability to analyze economic trends and assess the impact they have on job seekers and workforce development is valuable to the work that we do here at Cincinnati Works.” 
“The TIF Model is intuitive, easy and flexible for report to the Township Trustees to help them understand the resources that Deerfield Township may have available. The Trustees really appreciate having a tool that can inform planning for the future, beyond the upcoming year.” 
“The Center worked to understand our community and our needs. They developed a set of custom economic indicators for Newaygo County, MI. We believe that this information is critical for expressing unique assets of our community and in making important decisions for our economic vitality.” -