Specifications include, but are not limited to: 3. South Carolina Tourism Development Fee (TDF) Analysis: • Understanding of TDF: Provide a clear explanation of the TDF, including eligibility, collection methods, and allowable uses within the Town. • TDF Revenue Potential: Estimate the potential TDF revenue the Town could collect upon implementation. • Resident Impact Assessment: Analyze the potential impact of a TDF on Town residents, considering factors like increased tourism and potential cost changes. 4. Cost-Benefit Analysis: • Comprehensive Cost Analysis: Identify and quantify all project-related costs, including infrastructure development, ongoing operational expenses, and potential public subsidies. • Benefit Quantification: Quantify the economic and social benefits of the project, including job creation, revenue generation, and potential improvements in quality of life. • Comparative Analysis: Present a clear comparison of the project's overall costs and benefits, aiding informed decision-making.