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9201 University City Boulevard Charlotte, NC 28233 Economic Modeling Project UNC Charlotte April 4, 2016 Joint Legislative Oversight Committee on Information Technology Fiscal Research Division UNC Charlotte is developing an expanded economic modeling tool that is comprehensive and incorporates information across state agencies. UNC Charlotte has established a project team consisting of experienced economists who are experts in the field of economic impact research at the state, regional and local level, economic geographers, computational scientist, and a project manager to conduct the collaborative work. The team also includes Dr. Michael Walden of NC State University. The team has met with representatives of the Office of State Budget and Management, Department of Transportation, and Department of Commerce. The goals and priorities have been established as well as a timetable for next steps and a phased work plan. A two-phase approach for the project has been developed, with Phase 1 including the improvement of the existing economic modeling tools, and Phase 2 including a delivery of new and additional capabilities. UNC Charlotte has produced a Statement of Work, which is currently under review by the State agencies. Respectfully submitted. Dr. Mirsad Hadzikadic, Project Director [email protected] Betty Doster, Legislative Liaison [email protected]