Impact Analysis
2019
Dynamic Marginal Costs in Bill Fiscal Impact Analyses - 2019
This report updates the financial cost estimates used in SPAC’s fiscal impact analyses. SPAC uses a dynamic marginal cost, based on reported expenditure data and Illinois budgeting practices, to estimate fiscal impacts. After examining decades of criminal justice budgets at the state and local levels, SPAC determined that using dynamic marginal costs brings SPAC’s fiscal impact calculations more in line with actual budget and resource allocation practices in Illinois.
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