EPIC: Economic Planning Indicators Committee
The purpose of the study is to forecast how many jobs and residents will potentially be located in the Study Areas by 2020, based on current and anticipated growth trends. The Study Area was segmented in 18 “EPIC Zones.” The where and how growth will occur is largely based on expected changes in land use patterns and economic activity over time. The EPIC has used the state-of-the-art, well-accepted and widely-used forecasting model developed by Regional Economics Models, Inc. (“REMI”). This model projects the demographic, economic and associated public revenue changes the Study Area is expected to see between 2015 and 2019.