ECONOMIC & PUBLIC POLICY CONSULTING
TXP is at the forefront of measuring the potential impact of public policy changes. The most difficult part of any policy change is to understand the long-term implications. TXP's team of economic and public policy experts provides you with unparalleled guidance and easy to comprehend answers to difficult questions.
Economic Impact Analysis
TXP’s past economic and fiscal impact studies for public and private sector clients have covered a wide range of topics, including expanding and relocating businesses, educational facilities, tourism activity, arts and music festivals, transportation projects, and mixed-use developments.
Tax Increment Financing
TXP has significant experience assisting clients with all phases of Tax Increment Reinvestment Zones (TIRZ), as well as similar public finance tools such as Public Improvement Districts (PID) and Transportation Reinvestment Zones (TRZ). TXP offers unbiased guidance regarding whether or not a TIRZ or any other instruments is the appropriate financing mechanism to implement. TXP is also frequently retained to review and update the tax revenue projections of existing TIRZs.
& Land Use Planning
As economic development policy becomes increasingly standardized, differentiating one community from the next becomes more difficult. TXP believes that the future of economic development is fundamentally linked to local business start-ups, new forms of land use planning that promotes financial sustainability, and thoughtful public policy related to the use of incentives. TXP has successfully helped clients manage the balance between traditional economic development, land use planning, and infrastructure development to ensure overall community prosperity.
TXP has assisted over 30 clients with nearly 100 projects in establishing regional centers, identifying targeted employment areas (TEA), and responding to requests for evidence (RFE). TXP’s economic analysis was successfully used to establish regional centers, respond to RFEs, or obtain project approval.TXP maintains a national census tract level unemployment rate database and GIS map to help clients identify qualifying targeted employment areas (TEAs).
Tax Revenue Forecasting
& Demographic Projections
TXP offers a full-range of economic analysis and forecasting services to public and private clients.We specialize in applying focused primary research to enhance secondary data. TXP currently serves as economist-on-retainer for a number of high-profile private sector clients throughout Texas.