Wharton Students audit City of Tampa development forecasting

The City of Tampa, Florida forecasts residential and non-residential development within its Channel District in June 2006. The forecasts were used as the basis for recommendations on the allocation of tax revenues for infrastructural and public facilities projects. Did the City of Tampa follow p… roper forecasting methodology? A forecasting audit conducted by three Wharton students analyzed the forecasting procedures using the ForPrin.com Forecasting Audit software. They reported many opportunities to improve the forecasting process, perhaps the major one being transparency. See their audit report here (/index.php?option=com_content task=view id=359 Itemid=31).