City of Loma Linda Fiscal Analysis

The Institute conducted a fiscal impact study for the city of Loma Linda regarding two proposed referenda and one proposed initiative that would amend the General Plan of the city and allow two retail developments to be constructed. The report utilized financial data from several sources, including the Loma Linda Municipal Budget and the Redlands CAFR. The study projected the sales and property tax revenues that would be generated by the proposed projects in addition to costs associated with delaying construction. The projected revenue streams and potential costs from the proposed projects were compared to the standing tax revenue generated in Loma Linda, enabling policy makers to make a fully informed decision regarding the economic proposals.

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