THE VALUE AND COSTS OF A VIBRANT SOCIAL ECONOMY
The nighttime economy comprises an important element of a city’s employment base, tax revenue and identity.
As the nighttime economy spurs development of social venues, greater demands are placed on police and public safety departments.
BUILDING A CASE FOR CONDUCTING AN ECONOMIC STUDY
Cities from New york to San Francisco have documented the economic and employment impact of sociability and nightlife. As districts become more vibrant and active, demands for public resources increase for safety and quality of life management.
During this 60 minute PRESENTATION and discussion, each panelist will provide an analysis of contemporary studies, introduce a template for measuring cost of public safety and policing and how a data-driven approach can educate decision-makers to invest in the nighttime economy.
DISCUSSION TOPICS
- How much does it cost to police your nightlife district?
- How do cities measure the economic and fiscal impact of sociability and nightlife?
- How can costs be measured against benefits?
- Recommendations for future studies on the value and cost of nightlife
PANEL OF EXPERTS
Jon Stover
Managing Partner
Jon Stover & Associates, LLC
RICHARD PRATER
Finance Manager
Tucson Police Dept. &
Finance Managers Committee
Major Cities Chiefs Association
