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Economic Impacts of the Natural Gas Industry in North Texas
This presentation is part of the UNT Speaks Out faculty lecture series, Gas Well Drilling: What Does it Mean for North Texas? In this presentation, the author discusses the economic benefits to natural gas production, reviews the most recent study on regional economic impacts, considers recent trends in drilling activity, and considers some of the downsides.
Evaluating the Impact of Transit-Oriented Development
This report examines the impact of transit-oriented development. Transit-oriented development (TOD) is an increasingly popular urban form. Based on a survey of residents of TOD projects in areas served by Dallas Area Rapid Transit, Fort Worth T, and Capital Metro (Austin) rail transit, moving into TOD decreases VMT by an average of 15 percent, or about 3,500 miles per year, which impacts TxDOT motor fuel tax revenues. The data also indicate that these households shift their choice of route to include more arterial roads versus highways. Differential behavior is observed among the three areas studied with the greatest impact being on the DART system and the Capital Metro system showing smaller changes in TOD resident travel behaviors. Residents of TOD choose their housing based mostly on commuting distance and lifestyle characteristics, such as proximity to dining and entertainment venues. Proximity to a transit rail station is at least moderately important for 57 percent of respondents. The report recommends that TxDOT look to incorporate TOD into facility planning and design and seek ways to extract value from TOD projects.
From Rodeos to Indie Rock: The Economic and Fiscal Impacts of Selected Cultural Events in Denton, Texas
This report discusses the economic and fiscal impacts of selected cultural events in Denton, Texas.
The Next Hundred Million and The Next Six Million - or more: Population Trends in the US and North Texas
This presentation discusses population trends in the United States and in North Texas with census bureau reports and projected growth in specific areas.
Lavon, Texas: Crossroads of Opportunity
This report examines the City of Lavon, Texas and its economic opportunities. It gives an overview of the City of Lavon and discusses the development of other small cities in the Dallas/Fort-Worth area. It reports on incentives for Lavon, discusses the organization of an Economic Development Corporation (EDC) and its tasks, offers an in-depth profile of the community in Lavon, and shows economic development strategies with conclusions about their findings.
Economic and Fiscal Impacts of Baylor Regional Medical Center in Grapevine
This report by the University of North Texas Center for Economic Development and Research identifies the findings of their analysis of the economic and fiscal impacts associated with recurring operating expenditures by Baylor-Grapevine (BG), economic activities at BG ancillary facilities, and spending by out of area visitors to BG patients.
North Texas State Fair & Rodeo: The Economic Impacts of Existing Activities and Preliminary Feasibility Assessment for New Fairgrounds and Expo Center
This report discusses the economic impacts of existing activities and gives a preliminary feasibility assessment for new fairgrounds and expo center. The economic and fiscal impacts generated by fairs, rodeos, horse shows, and cattle shows nationwide are significant. Impacts estimated in the millions of dollars are not uncommon for regional and state events. It is against this backdrop that the University of North Texas Center for Economic Development and Research has been asked to estimate the economic and fiscal impacts of the North Texas State Fair & Rodeo, as well as examine the potential market for and economic and fiscal impacts of building a new exposition center in Denton County. Later in this report, we will also examine the experiences of ten exposition centers across Texas and the U.S. that illustrate the types of events, and the associated costs, that would likely attend construction and operation of such a center in Denton County.
Economic and Fiscal Impacts of Dallas Area Rapid Transit Light Rail System Buildout and System Operations
This report, by the University of North Texas Center for Economic Development and Research, updates their previous analyses of the economic and fiscal impacts associated with the buildout of the Dallas Area Rapid Transit (DART) Light Rail System. This analysis also includes an assessment of the impact of the transit agency's operations spending for specified fiscal years.
Economic and Fiscal Impacts of DFW International Airport's Disadvantaged, Minority- and Women-Owned Business Enterprise: Detailed Findings and Updates
This report, by the University of North Texas Center for Economic Development and Research, updates the 2004/2005 analyses of the regional economic activity generated by Disadvantaged, Minority- and Women-Owned Business Enterprise (DMWBE) contractors and vendors operating at Dallas/Fort Worth International Airport (DFW Airport).
The Current and Potential Economic and Fiscal Impacts of Texas' Moving Media Industry
This report compares the film industry incentive programs of other states with the Texas incentive program and examines their respective economic and fiscal impacts. In Texas, the economic impact of the moving media industry approached $345 million in 2007. This report also identifies strategies proposed to enhance Texas' future competitive position in the moving media industry.
A Re-Evaluation of the City of Irving's Target Industries
In July 2000, Angelou Economic Advisors prepared an economic development plan for the City of Irving, Texas. Six high value-added clusters were identified as recruitment and retention targets. This report by the University of North Texas Center for Economic Development and Research re-assesses those industries to ascertain if they should remain the focus of City and Chamber economic development efforts.
The Healthcare Services Industry in Tarrant County: Industry Overview and Projected Employment Growth in Specified Occupations
The purpose of this report, by the University of North Texas Center for Economic Development and Research, is to offer an assessment of the current status of the healthcare services industry in Tarrant County. Also, to forecast demand for training in these specified occupations over the next several years.
A Look at the Economic and Demographic Projections for the City of Denton
This report, by the University of North Texas Center for Economic Development and Research, examines key demographic and economic characteristics of the City of Denton, Texas, including current and future population growth trends and employment outlook.
Assessment of the Potential Fiscal Impacts of Existing and Proposed Transit-Oriented Development in the Dallas Area Rapid Transit Service Area
This report by the University of North Texas Center for Economic Development and Research gives an assessment of the fiscal impacts of transit-oriented development associated with development of the Dallas Area Rapid Transit (DART)light rail system. This analysis considers development near existing and planned light rail stations. The findings support the conclusion that the transit-oriented developments associated with DART Rail stations offer substantial fiscal impacts for local taxing entities.
Economic and Fiscal Impacts of Children's Medical Center
This report discusses economic and fiscal impacts of Children's Medical Center. This report by the University of North Texas Center for Economic Development and Research calculates how outlays by Children's for construction and ongoing operations, as well as spending by in-patient visitors, affect employment, income, and tax receipts in the Dallas region.
Level 1 Asset Mapping for the Dallas/Fort Worth Metropolitan Area
This report aims to provide the reader with an overview of the Human Capital, Research and Development, Financial Capital, Industrial Base, Legal and Regulatory Environment, Physical Infrastructure, and Quality of Life Assets for the Dallas/Fort Worth metroplex.
Economic and Fiscal Impacts Associated with the North Texas Tollway Authority Operating Concession Bid for the State Highway 121 Toll Facility
This report, by the University of North Texas Center for Economic Development and Research, evaluates bids submitted to the North Texas Regional Transportation council (RTC) for construction and operation of the South Highway 121 toll road project in Denton and Collin Counties. The North Texas Tollway Authority (NTTA) along with some private firms submitted bids for the project and this report compares these bids and their economic implications.
Economic and Fiscal Impacts of Dallas Area Rapid Transit Operations and Capital Expenditures
This report summarizes the findings of the University of North Texas Center for Economic Development and Research's analysis of the economic and fiscal impacts of Dallas Area Rapid Transit operations and capital spending.
The Fiscal Impacts of DART's Transit-Oriented Development
This report discusses the fiscal impacts of the Dallas Area Rapid Transit's (DARTs) transit-oriented development. In 2005, the University of North Texas Center for Economic Development and Research prepared a report for DART in which they estimated the total value of new investment completed, underway or planned near DART LRT stations since 1999. Using only those projects reported to the press, they calculated the total value of the transit-oriented development (TOD) at approximately $3.3 billion. These new investments had had, or will have, significant impacts on local property taxes as well as local and state sales taxes. This report presents the preliminary assessment of the annual revenue streams associated with TOD adjacent to DART LRT stations.
The Rationale for a University of North Texas College of Law in Downtown Dallas
This report, by the University of North Texas Center for Economic Development and Research, argues that a University of North Texas law school in downtown Dallas will not only serve an unmet need for legal education but will also be an asset in the economic and social development of the entire north Texas region. In addition, the law school can help contribute to the nascent revitalization of downtown Dallas.
A Re-Evaluation of the Greater Dallas Chamber's Industrial Recruitment Targets
In a 2001 study prepared for the Greater Dallas Chamber, the University of North Texas Center for Economic Development and Research examined 22 industry clusters as potential targets.
The Economic and Developmental Impacts of the President George Bush Turnpike and the North Dallas Tollway
This report discusses a case study conducted by the University of North Texas Center for Economic Development and Research. It examines property development trends and other data to assess the economic and developmental impacts of the Dallas North Tollway and the President George Bush Turnpike on neighboring communities. This information will be used as a component of a public information program describing how tollroads can impact a community.
The Economic, Fiscal and Developmental Impacts of the North Texas Tollway Authority: A 40-Year Perspective
This report by the University of North Texas Center for Economic Development and Research looks at the North Texas Tollway Authority (NTTA) as a regional economic generator. It first examines the impacts from the NTTA's construction spending on the Dallas North Tollway (DNT) and the President George Bush Turnpike (PGBT). Second, it quantifies the economic and fiscal impacts from the NTTA's recurring operational spending. Third, it looks at the value of all the residential and commercial development that has ocurred along the DNT and PGBT corridors over the past 30-40 years as well as the annual tax revenues generated by this development. Finally, it discusses how NTTA's projects have helped improve mobility in the North Texas region.
Impacts of Toll Roads on the Regional Economy: Suggested Measures
This report, by the University of North Texas Center for Economic Development and Research, examines the type of metrics that can be employed in evaluating the economic, developmental, and fiscal impacts of toll roads.
The Economic, Fiscal, and Developmental Impacts of the Dallas Center for the Performing Arts
This report discusses the economic, fiscal and developmental impacts of the Dallas Center for the Performing Arts (DCPA). The University of North Texas Center for Economic Development identifies and calculates the economic and fiscal impacts that will attend construction and operations of the DCPA. They also look at ancillary commercial and residential development likely to occur in close proximity to the DCPA and consider the importance of the DCPA in making Downtown Dallas a desirable place to work, live, visit, and recreate.
Targeting Business Opportunities in Southern Dallas
This report, by the University of North Texas Center for Economic Development and Research, studies the population and employment trends of the Dallas/Fort Worth Metroplex and the demographic and economic profiles of southern Dallas. The authors also examine targeting business development opportunities for southern Dallas and give an analysis of potential industries.
Sales Tax Revenue in the City of Arlington, Texas: Historical Review and Projections
This report, by the University of North Texas Center for Economic Development and Research, is a quarter-by-quarter projection of sales tax revenue for the City of Arlington, Texas through 2010. Several statistical approaches are used including autoregressive moving average (ARIMA) models, seasonal exponential smoothing, and ordinary least squares (OLS) regression analysis based on unemployment data.
DFW International Airport's Disadvantaged, Minority- and Women-Owned Business Concessionaires Program: Economic and Fiscal Impacts
This report, by the University of North Texas Center for Economic Development and Research, estimates the total regional economic activity generated by retail trade and services at the Dallas/Fort Worth International Airport. In addition, it specifically examines the economic and fiscal impacts of business operations at Disadvantaged, Minority- and Women-Owned Business Enterprise concessionaires operating at DFW Airport.
The Statewide Economic and Fiscal Impacts of Texas Woman's University
This document reports the findings of an analysis conducted by the University of North Texas Center for Economic Development and Research of the statewide economic and fiscal impacts of Texas Woman's University (TWU) campuses in Denton, Dallas, and Houston.
Economic and Fiscal Impacts of Proposed Development in the La Grave Field and Bluff View Areas of the Trinity River Vision Project
This report discusses economic and fiscal development in two areas in Texas. The University of North Texas Center for Economic Development and Research reports the findings of their analysis of the economic and fiscal impacts that will likely attend real property development in the La Grave Field and Bluff View areas of the Trinity River Vision (TRV) project as proposed by The Bell Group (TBG). This report includes estimates of the impacts of the redevelopment of La Grave Field and related ancillary property improvements to date.
The Feasibility of an Exposition Center for Wise County, Texas
This report discusses the feasibility of an exposition center for Wise County, Texas. This report examines the experiences of eight exposition centers across Texas and the U.S. that illustrate the types of events, and the associated costs, that would likely attend construction of such a center in Wise County.
The Economic and Fiscal Benefits of Balanced Development in the City of Oak Point, Texas
This report examines the economy in Oak Point (Texas).
DART's Sales Tax Revenues: A Review and Outlook
This report discusses the DART systems' sales tax revenues. In addition to the fare box, DART's operations are funded through a one percent sales tax levied by member cities on all retail transactions as permitted by state law. During the 1990s, DART's sales tax receipts grew at a healthy clip. But between 2001 and 2003, taxable sales in the DART service area declined. By contrast, for many non-DART suburban cities, taxable sales continued to expand during the 2001-2003 period. This report, by the University of North Texas Center for Economic Development and Research, looks at three possible explanations for these trends.
The Economic and Fiscal Impacts of Armed Forces Exchange Service Realignment on Dallas County and the City of Dallas
This report discusses economic issues with areas of the United States Armed Forces.
Labor Market Assessment for Southern Dallas with Emphasis on Key Target Industries
This report, by the University of North Texas Center for Economic Development and Research, examines selected characteristics of the labor force available to firms located in the southern area of the City of Dallas, Texas. The report also compares occupational hiring patterns for a specified group of industries selected as targets of opportunity for recruitment and economic development efforts of the Greater Dallas Chamber of Commerce along with matching labor force availability. In assessing labor force availability and characteristics, we have relied on data from the U.S. Census Bureau and the Bureau of Labor Statistics of the U.S. Department of Labor at the zip code level.
DFW International Airport's Minority- and Women-Owned Business Enterprises Program: Economic and Fiscal Impacts
This paper discusses economic activities associated with the Dallas/Fort Worth (DFW) International Airport. DFW International Airport is one of the largest generators of economic activity in the Metroplex with operations creating more than $14 billion in economic activity and supporting 269,000 jobs in the region. This analysis, by the University of North Texas Center for Economic Development and Research, focuses on the economic activity generated through the Airport's commitment to ensuring its suppliers reflect the cultural and ethnic diversity of the DFW Metroplex.
The Economic and Fiscal Impacts of the Baylor Regional Medical Center at Grapevine
This report discusses the economic and fiscal impacts of Baylor Regional Medical Center Grapevine. This report, by the University of North Texas Center for Economic Development and Research, outlines the regional economic and fiscal impacts from Baylor-Grapevine's construction spending and ongoing operations. Estimates of the economic impacts are calculated using the DFW model of the IMPLAN impact modeling system developed by the Minnesota IMPLAN Group. This model, which is well-regarded by academic and professional researchers, provides reasonable and conservative estimates of direct, indirect, and induced impacts.
Demographic Trends and Educational Attainment in the Dallas-Fort Worth Metropolitan Area: A Shifting Composition Amid Growth
This report discusses the changing demographics and growth shifts in the Dallas/Fort Worth area.
Grid Computing and an Optical Fiber Network: How They Can Bolster the Texas Economy
This report, by the University of North Texas Center for Economic Development and Research, examines the investment in hard infrastructure that will be required to keep Texas a vibrant and expanding part of the global economy-most especially a grid computing network connected by fiber optic cable.
Improving Services to Dallas' Homeless: A Key to Downtown Revitalization
Homelessness has significant economic as well as social consequences for the City of Dallas. While offering compassion to the homeless, this report also acknowledges that the overwhelming presence of homeless persons on the streets of downtown has negative economic impacts on individual businesses, the prospects for redevelopment, and the city's finances. This report, by the University of North Texas Center for Economic Development and Research, discusses theses aspects.
An Overview of the Dallas-Fort Worth Area's Long-Term Water and Transportation Needs
This report gives an overview of the Dallas-Fort Worth area's long-term water and transportation needs. Recognizing the importance of a reliable long-term water supply, the Dallas/Fort Worth region has invested heavily in reservoirs and transmission facilities over the past 50 years. Indeed, the dramatic population and employment growth enjoyed by the Metroplex over the past several decades would not have occurred absent an abundant and reliable supply of fresh water for residential and commercial uses. Despite the foresightedness of the region's leaders, according to the Texas Water Development Board the region may soon find itself facing a water deficit. This report, by the University of North Texas Center for Economic Development and Research, examines the implications of the DFW area's long-term water and transportation needs.
Thinking Strategically about Economic Development in Dallas: Why a High-Wage Recruitment Strategy Makes Sense
The Dallas/Fort Worth Metropolitan Area, along with most other regions of the country, has witnessed some tough economic times. Telecom layoffs, the aftermath of the September 11th terrorist attacks, and the national economic downturn have reduced the region's employment by about 100,000 since 2000. Dallas' current economic stress is best evidenced by its declining per capita income. Still, as this report illustrates, even allowing for the region's current economic vicissitudes, the Dallas/Fort Worth Metroplex has been one of the most dynamic urban areas in the nation since 1990 and this report presents the information surrounding these topics with the figures and data found by the University of North Texas Center for Economic Development and Research.
An Assessment of the DART LRT on Taxable Property Valuations and Transit Oriented Development
This report, by the University of North Texas Center for Economic Development and Research, is an update on previous studies of the direct and indirect economic impacts of the Dallas Area Rapid Transit (DART) Light Rail Transit (LRT) system. Two specific topics addressed in detail are how the proximity to an LRT station affected taxable property values and to what degree the DART rail is serving as a catalyst for transit-oriented development (TOD).
The Economic Impacts and Fiscal Costs and Benefits of the Proposed McKinney Soccer Stadium
This report discusses the economic and fiscal impacts of building a soccer stadium in McKinney, Texas. The City of McKinney began negotiations with Major League Soccer (MLS) to build a 20,000-seat stadium to host the Dallas Burn Soccer Club. The following analysis, by the University of North Texas Center for Economic Development and Research, examines the economic and fiscal impacts of building and operating such a stadium on the City of McKinney and assesses the fiscal costs and benefits if the City chooses to participate financially in the stadium's construction.
Planning Strategically for Regional Development in the Permian Basin
The Survey Research Center and the Center for Economic Development at the University of North Texas were retained by the Permian Basin Regional Planning Commission to assist them in developing a strategic plan for the region.
Economic and Fiscal Impacts of Proposed Denton County International Airport
This report, by the University of North Texas Center for Economic Development and Research, discusses the economic impacts of construction and development of ancillary facilities, the recurring economic impacts of airport area business operations, and the fiscal impacts and effect on property taxes that are estimated to occur with the proposed building of a new Denton County International Airport.
The Cost of Homelessness in Dallas: An Economic and Fiscal Perspective
This report, by the University of North Texas Center for Economic Development and Research, briefly describes the system of service delivery to homeless persons in Dallas and examines how other cities deal with their homeless populations, particularly those that have centralized service delivery. This report also documents the growing disparities in property values between the northern and southern sectors of the DCBD and calculates the potential tax revenues, jobs and income that could be generated by a revitalized southern sector.
Economic Impact Analysis: Proposed Autoracing Complex in Immokalee, Florida
This report, by the University of North Texas Center for Economic Development and Research, examines Immokalee, Florida and discusses how to diversify their economy. Two of the tourist attractions proposed are a new raceway and a new casino.
The Impact of Higher Natural Gas Prices on the Texas Economy
This report, by the University of North Texas Center for Economic Development and Research, discusses the economic effect of rising gas prices on the Texas economy. It surmises that although rising natural gas prices are a boon to gas drilling, production and distribution industries and their employees, the resulting higher costs to Texas industries and households more than offset any gains. Each $1 per MCF increase in the price of natural gas - if sustained - has the net effect of decreasing state economic activity by at least $3.4 billion per year, lowering total employment by more than 34,000, and reducing salaries and wages by $911 million.
Growth Trends in the Metroport Cities: Implications for Traffic Congestion, the 'Funnel', and DFW Airport
This report, by the University of North Texas Center for Economic Development and Research, discusses the issues involved with population growth in the Dallas/Fort Worth Metroplex.
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