ECONOMIC IMPACT STUDY

PURPOSE:
To determine the business sales, jobs, salaries, and state and local taxes generated by your Airport. The economic impact of the airport is shown for the state, metropolitan area or county. Impacts covered include sales, jobs, and taxes resulting from the daily operations and construction program of the airport.

INPUT & INFORMATION NEEDED:
Provided by Client:
1. Airport budget and tenant list
2. Operations and enplanement data and projections
3. Airport Development Program/Capital Improvement Program

Provided by TMG:
1. Model for estimating economic impacts
2. Airport related payroll and jobs data
3. Visitor expenditures
4. State sales and use tax information
5. State income taxes collected
6. State personal income and personal consumption expenditures
7. Survey and telephone interviews

OUTPUT & PRODUCT:
A detailed report and summary brochure that presents airport impacts in terms of sales, jobs and taxes. The report specifically outlines the amount of taxes by level of government (state, county, municipality) and type of tax, the number of jobs by economic sector and by location, and the amount of earnings by economic sector and by location.

USES:
1. Public education and information
2. Building support for airport funding
3. Presenting positive impacts of the airport
4. Identifying the airport as an economic engine and growth catalyst

POTENTIAL FUNDING SOURCE:
Local funds

ECONOMIC IMPACT STUDY CLIENTS:
Lambert-St. Louis International Airport, Richmond International Airport, and Mobile Regional Airport

CONTACT:
email: Anthony J. Mumphrey Jr.
Tel: (504) 569-9239, Ex. 26.






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