Economic Development & Revenue Forecasting

The contract seeks to evaluate the economic potential of an annexed area through detailed financial analysis, focusing on projected property tax revenues, business licensing income, and broader budgetary impacts. The work requires a robust forecasting model that accounts for population growth patterns, commercial development trends, and infrastructure demands to project near- and long-term fiscal outcomes, with an emphasis on ensuring sustainable revenue streams without overburdening public services or creating structural deficits. The analysis must incorporate local economic indicators and regulatory environments to produce credible, data-driven estimates that inform municipal decision-making. This subcontract, classified under NAICS code 541618, is issued by the Finance Department of Florida with a response deadline of May 18, 2026, and was posted on April 26, 2026. Performance location details are unspecified, but the work is directly tied to the fiscal management of an annexed jurisdiction. The contractor is expected to deliver comprehensive reports outlining revenue forecasts, budgetary implications, and risk assessments related to long-term fiscal health, enabling the agency to align annexation policies with financial stability goals. No set-aside provisions are indicated, and the contract is accessible via a public procurement portal for qualified vendors.