Truck
Hi,
I am trying to figure out what will be the economic impact if an event will results in x number of trucks to move into and out of area.
I believe trucks filling gas, maintenance etc will result in tax increase for city and indirect/induced effect.
Is there a way to do this in IMPLAN?
Thanks
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IMPLAN SupportHi Leo. The answer is yes. IMPLAN can model the impact of truck refueling, etc. in an area. As you stated in in your post, you would need to collect data on the number of new trucks coming into the area on a daily basis and what types of expenses would they incur. For example, how much would the average trucker spend on refueling, truck maintenance and repairs, food and beverages, overnight lodging, and other miscellaneous spending while in the local area? In addition, if the reason for the influx of truck traffic is due to the construction of a new Truck Stop and Fueling Station, then you would want to capture the construction impacts as well. Although the construction impacts would be temporary in nature, they are still important to the project. Please let us know if we be of further help.0 -
The only information i know is around 200 trucks and lets assume only expense is fueling station with capacity of 200 gallons per truck. Also is it possible to get the tax impact to local city based on this info.0
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IMPLAN SupportHello Leo, Only knowing what you have provided in the post below, you could see the impact to fuel purchases, if you are assuming that all 200 trucks purchase within you Study Area region. You should include this assumption in your results. If you aren't certain that all 200 trucks will buy fuel in your region, one way you could try to compensate for this is by setting the Event Local Purchase Percentage to SAM Model Value (Event Options> Edit Event Properties>Set Local Purchase Percentage> SAM Model Value; https://implan.com/v4/index.php?option=com_multicategories&view=article&id=567:567&Itemid=71#lpp)This will adjust the sales value based on the average purchases from a Retail Gas Station in your region. In addition to what you know, you will also need to determine the value of a gallon of truck fuel in your region and the number of times they filled their tank in your Study Area geography, in order to be able to create a total sales value to enter into the Industry Sales field. Alternatively, you could show the impact of 200 trucks each purchasing a single tank of gas in the region, if you don't have a means of estimating the number of times a truck might refuel in your region. The most conservative way to run this analysis would be to use the Retail Gas Station (Sector 326) and choose Gross Retail Sales (the default) in the pop-up screen. But since you are specifically looking at fuel purchases you can also use an alternative way of applying Margins that provides additional detail. If you choose this level of Margining, you will want to start by setting the Local Purchase Percentage to SAM Model Value via Event Options> Edit Event Properties>Set Local Purchase Percentage> SAM Model Value. This is an important first step because you do not want to assume that all production, transport and wholesale of fuel are local to your region, even if you are examining all Retail Sales of fuel. Once you have the Local Purchase Percentage set to SAM Model Value, you will want to apply Margins to Sector 115 (Event Options> Edit Event Properties>Margins> Yes; (https://implan.com/v4/index.php?option=com_multicategories&view=article&id=567:567&Itemid=71). If you are assuming that all the retail sales of fuel to trucks are local you will want to go to Event Options> Edit Event Properties>Margins> Edit screen and adjust the Retail Local Purchase Percentage to 100%. The remaining Local Purchase Percentage values and the Margin values should remain the same. You can then use the Tax impact results from this analysis. We unfortunately don't have away to break between city and state taxes. Please let us know if you have any additional questions of concerns with regard to this issue. --Implan Support Staff0
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