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Community Benefits Calculator

Redevelopment: Community, Economic & Finance

                                                                                                                                 Are you faced with decisions about whether public funding and/or incentives should be invested in a redevelopment project? Community benefits calculator spreadsheet instructions screenshotThe KSU TAB Community Benefits Calculator is a great tool to begin an evaluation of public investment for community benefit. This tool estimates net financial cost or gain of a project relative to investment of public money, provides a high-level assessment of financial risk, and evaluates a project's alignment with community goals. Outputs include a project summary that may assist with general public education, discussions with decision-makers and potential funders about items of interest such as jobs, private investment and other eternal monies, and increased value to adjacent properties. The Community Benefits Calculator may be used to forecast project results or document the results of a recently completed project.

 

Before You Begin to use the tool, you will need to download a copy of the Community Benefits Calculator to your computer. Additionally, having the following data accessible is advisable:

  • All estimates, parties to the development, or project memos you may have
  • An idea of the money that is currently backing or set aside for this project
  • Access to the county assessor's website
  • Any financial projections of the redeveloped site

Check out the Community Benefits Calculator Examples Below:

Private Investment (Brewery) Example_2024_06_21.xlsx

Community Benefit (Public Pool) Example_2024_06_21.xlsx

Note: The Community Benefits Calculator is a screen-level tool. Seeking professional advice is encouraged before making final redevelopment project decisions. KSU TAB is ready to help -- just reach out! 

Help us continue to improve the Community Benefits Calculator Tool by providing feedback in this survey!

Tags
E-Tools
Re-Use Planning and Goal Setting
Document
KSU TAB Community Benefits Calculator 1.0.xlsx



KSU TAB Program

The Center for Hazardous Substance Research    
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Manhattan, KS 66506-2502    
 

TAB is brought to you by the U.S. EPA and the Center for Hazardous Substance Research in the College of Engineering

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