The City of Pine Lake is seeking a proposal for a cost/benefit study of a proposed property tax relief program for senior citizen property owners. The study aims to provide a detailed analysis of the financial and social impacts of implementing such a program. The scope of work includes reviewing existing senior property tax relief programs, exploring different program structures, determining eligibility criteria, estimating program costs, assessing program benefits, and developing a financial model. The proposal should include an executive summary, understanding of the project, methodology and work plan, deliverables, timeline, team qualifications, and cost proposal.
• Review existing senior property tax relief programs
• Explore different program structures
• Determine eligibility criteria
• Estimate program costs
• Assess program benefits
• Develop a financial model
• Conduct sensitivity analysis
• Prepare a comprehensive report
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