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- Now that we have the economic losses for the buildings, we can determine the fiscal impact of the economic loss. To do this, click the Execute Analysis button (
) again and select the Fiscal Impact Analysis under the Socioeconomic category and click Finish. The new window shows the parameters for computing the fiscal impact (see figure below). The tax rate field is the default property tax rate to use for the region if no property tax map is provided. One optional field is to use a tax map; however, if one is available it will first need to be added to MAEviz by ingesting it. For this tutorial, we will ignore this field. Another optional field, Select Minimum DED, allows you to enter the minimum economic loss criteria used to select the buildings for inclusion in the property tax loss calculation. For example, entering 10.0 will only calculate the property tax loss for buildings that lost more than 10% of their value from direct economic damage. Those with less will be given the value 0 for property tax loss. Entering 0 for the field will include all buildings in the calculation, regardless of the amount of building value loss. For this analysis, we will include all buildings, which is the default operation. Click finish to generate the fiscal impact.
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