An Economic Feasibility Study Proposal

Why is a Feasibility Study needed?

1     An analysis of possible alternatives and their economic and fiscal implications is required to continue the discussion. An informed decision about a park district cannot be made without accurate information about pros- and cons- of pursing the Park District.

2.    An Economic Feasibility Study is required by ORS 198 (enabling statue for Special Districts) before a proposal can be put before the voters via resolutions by all governing bodies and a petition filing with Multnomah County.

3.    An Economic Feasibility Study would assist the four cities in strategic long term planning for economic development and provide the framework for leveraging current public resources.

 

What is needed for the Feasibility Study?

1.      Community leaders and at least one elected official from each participating jurisdiction to co-lead the study by serve in a Feasibility Study Policy Committee and function as liaisons to their City Councils and School District Boards.

2.      Staff time from local governments to help complete the study by accessing information and serving on a Feasibility Study Technical Committee.

3.      Continued public input help shape alternatives and inform and study objectives. This might include designated citizen representatives to serve on the Feasibility Study Policy Committee.

 

What would would be the outcome of a study?

  • Provide information required by ORS 198 in order to propose the formation of a Special District: a.  A proposed revenue source and permanent rate,  b.  A description of special district services and how they relate to services, functions and other existing or needed government services, and c.    A first and third year operating budgets
  • Identify special district boundaries and demographics of current/projected population served;
  • Provide a summary of current system of public parks, trails, natural areas and school-related recreational facilities.
  •  Outline different governance and finance structures that balance and integrate local ownership and district-wide investment.
  • Provide a cost-benefit analysis for a Special District and for continuing to fund services locally for each individual City and School District.
  • Provide additional information requested or desired by elected officials or stakeholders necessary inform public discussion such as a. A description of system optimization opportunities and strategic investment to enhance service. b.   Explores models of community-based decision making and budgeting (e.g. participatory budgeting). c.  A projection of opportunities to leverage other local, regional, state and federal resources. d.  A five and ten year operating budget e. A summary of past polling data and new polling data. f. Potential options for the type and level of staffing.

 

How much does it cost and who would pay for an Economic Feasibility Study?

  •  A total of $25K-$40K in funding for coordination, research, and consultant support.
  • Private contributions and potential donations from Cities of Wood Village, Gresham, Fairview, and Troutdale.
  • Mid and East County Special Districts contributions: Centennial School District, Gresham-Barlow School District, Reynolds School District as well as other Special Districts such as Metro and East Multnomah Soil and Water Conservation District.
  • Private Foundations such as theOregon Community Foundation, Meyer Memorial Trust, John L. Hurt Foundation and others.