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<br />The year 2035 economic and demographic projections have not yet <br /> <br /> <br />been developed. This would require contracting with DRCOG to run such <br /> <br />projections. This contracting has not yet been initiated. The assump- <br /> <br />tions of this long-term forecast would include a 24,000 person migra- <br /> <br />tion starting point in year 2010 and a 5,000 person migration assump- <br /> <br /> <br />tion in the year 2035 as applied to DRCOG's cohort survival model. <br /> <br />When completed, the year 2035 economic and demographic forecasts will <br /> <br /> <br />not vary substantially from the Series 1 forecasts set forth in the <br /> <br />Task 2 Technical Appendix because: <br /> <br />The base year 2010 population is less than 4 percent below the <br />earlier 2010 projections. <br /> <br />The inmigration levels will be similar to those applied for <br />Series 1 in the earlier analysis. <br /> <br />Based on the evaluation of the modified 1984 DRCOG metropolitan <br /> <br /> <br />area forecasts as extended by a modi Hed Series 1 approach, it was <br /> <br />determined that it would serve nO purpose to recompute the water demand <br /> <br /> <br />forecasts at this time. <br /> <br />The COE views the 1984 DRCOG Policy Forecasts through the year <br />2010 as being based on some optimistic assumptions for the Denver area. <br />The rate of growth and development in the policy forecasts is the <br />result of using the Wharton model forecasts that assume the highest <br />level of economic growth. Use of the high growth assumptions produces <br />higher economic and demographic forecasts for the Denver area through <br />the year 2010 than either the Wharton baseline projections or those <br />developed by DRCOG's panel. <br /> <br />The COE has determined that the adjustments to the 1984 DRCOG <br /> <br /> <br />projections noted above results in population estimates which are more <br /> <br />16 <br />