Economic Impact Analysis. If so directed by District, Service Provider will, at its own expense, generate an analysis of the economic impacts of Event. Such analysis shall be completed by an independent, professional third-party provider and shall contain, at a minimum, the following information: • Hotel room-nights generated by Event, both on- and off District tidelands; • Spending by out-of-region attendees, estimated for both on- and off District tidelands, by category, i.e. lodging, food and beverage, attractions, and other appropriate categories; • Direct, indirect and total economic impacts of Event on the District Tidelands and on the San Diego region; • Estimated tax revenue generated, by type, i.e. TOT, sales and any other tax types identified. • Anecdotal information illustrating business impacts of Event. • Assumptions and methodology used. Service Provider to schedule pick up of banner(s) from Port Administration Building a minimum of 30 days before event and return banner(s) within 30 days of event completion) SAMPLE Submittals shall be emailed to XXX@xxxxxxxxxxxxxx.xxx attention: Xxxxxx Xxxxxxxx, Waterfront Arts & Activation. Compliance with the award-recipient’s fulfillment requirements and District Stormwater Conditions will be considered in the District’s review of any future sponsorship applications.
Economic Impact Analysis. Formatte
Economic Impact Analysis. The estimates of direct economic activity generated during the construction phase, facility operation, and new resident spending as provided by the Applicant were used as the direct inputs for the economic impact model. Camoin Associates used the input-output model designed by Economic Modeling Specialists, International (EMSI) to calculate total economic impacts. EMSI allows the analyst to input the amount of new direct economic activity (spending or jobs) occurring within the County and uses the direct inputs to estimate the spillover effects that the net new spending or jobs have as these new dollars circulate through the Nassau County economy. This is captured in the indirect impacts and is commonly referred to as the “multiplier effect.” See Attachment A for more information on economic impact analysis. The Project would have economic impacts upon the County as a result of Project construction, new permanent jobs, and spending by new tenant households. Construction Phase Impacts The applicant anticipates that the private sector investment in the construction of the Project (excluding land acquisition) would cost approximately $64,456,825.2 If we assume that 60%3 of the construction spending would be sourced from within the County, we can project that there will be $38,674,095 in net new spending in the County associated with the construction phase. Based on $38,674,095 worth of net new direct spending associated with the construction phase of the Project, we determined that there would be over $58.1 million in total one-time construction-related spending supporting about 268 jobs4 over the 24-month construction period5 throughout the County and $21.4 million in earnings. Based solely on information in the application, the project timeline should allow the Agency to reach the conclusion that there is a likelihood of accomplishing the project in a timely manner. Although we are not construction experts, nothing has come to our attention that would cause us to reach a contrary conclusion.
Economic Impact Analysis. As projects move through the entitlement or permitting process, DMG shall produce an economic impact analysis (brief version) for said projects at the request of the City Manager and/or Community Development Director. BCA City of Imperial/DMG, Inc. Economic Development Services Consulting Agreement 01/01/15-12/31/15 January 6, 2015
Economic Impact Analysis. (i) ArenaCo shall reimburse the City and County for the cost (not to exceed $150,000) to conduct an economic impacts analysis (“Analysis”) that examines the net economic impacts of the construction and operation of the Arena. The Analysis shall study the net economic costs and benefits of the construction and operation of the Arena in the geographical areas that would be affected by the construction and operation of the Arena and shall consider all relevant segments of the economy that would be affected by the construction and operation of the Arena, including without limitation retail, commercial, industrial and freight transportation. The Analysis shall include, without limitation, study of (a) the net changes in employment, wages, economic activity and tax revenues; (b) the net effects on Port of Seattle economic activity; (c) the net effects on the overall regional economy and the Arena’s compatibility with regional economic development plans; and (d) the net effects on women-owned and minority- owned businesses.
Economic Impact Analysis. T he product and service sales described in the survey provide the foundation for an estimate of the total economic impact of these Sandia T2 partnerships upon the U.S. economy. The study assumes that sales define the amount of a product produced. The costs of producing these products translate into expenditures that support other industries and households, through the purchase of materials and labor. The value of those expenditures, and subsequent purchases along the many supply chains, result in the total economic impact. Determining the impact to the U.S. economy requires that sales associated with international manufacturing be removed from the survey total. A large portion of the sales enabled by the T2 partnerships in this study was traced to offshore manufacturing. Through conversations with company representatives and extensive secondary research, TechLink researchers adjusted the sales figures collected by the survey to reflect only the sales that would have a domestic impact through manufacturing within the United States. The result CRADA and Patent License Agreements CRADA and Patent License Agreements of these adjustments is an estimated direct impact on the U. S. economy of approximately $33.3 billion, out of the total of $53.7 billion in worldwide sales. Even though there was $20.4 billion in worldwide sales eliminated from our domestic analysis, these foreign sales still have impacts on our international allies and their economies. The adjusted sales data was anonymized and delivered to the BRD at the University of Colorado Boulder. BRD staff employed the IMPLAN model to estimate the economic activity that was enabled by these partnerships. Results below are presented for output, value added, employment, labor income, and tax revenues. As previously noted, all dollar figures are reported in 2020 dollars. Note that this section aggregates both agreement types. Impact estimates separated by type are displayed in Appendix 1. Table 5 displays the output from the IMPLAN model. The outcomes are also discussed below. Table 5: Total IMPLAN estimates of economic impacts from the Sandia T2 agreements Impact Employment Labor Income ($ Millions) Value Added ($ Millions) Output ($ Millions) Direct 119,367 $10,420 $14,735 $33,345 Indirect 146,877 $10,328 $15,837 $33,278 Induced 168,219 $9,244 $16,642 $29,273 Total 434,464 $29,992 $47,215 $95,896 Total Economic Impact (Output): $95.9 Billion Output represents the total economic impact and is the total valu...
Economic Impact Analysis. 2.3.5.1 The Contractor shall describe as available in the literature, anticipated employment changes in Colorado by sector related to changes in health care financing and anticipated economic impacts of the new system on employers and households.
Economic Impact Analysis. Quantify the potential economic impact of an innovation district on National Landing and the surrounding areas over five- and ten-year periods. Factors to be analyzed include, but are not limited to: (a) startup funding, company formation and job creation and (b) office leasing, property values, and tax revenue.
Economic Impact Analysis. The following tables summarize the Comptroller’s economic impact analysis of Texas Instruments Incorporated (project) applying to Plano Independent School District (district), as required by Tax Code, 313.026 and Texas Administrative Code 9.1055(d)(2). Table 1 is a summary of investment, employment and tax impact of Texas Instruments Incorporated. Amendment No. 1 Amendment No. 2 Applicant Texas Instruments Incorporated Texas Instruments Incorporated Tax Code, 313.024 Eligibility Category Manufacturing Manufacturing School District Plano ISD Plano ISD 2017-2018 Average Daily Attendance 50,704 50,704 County Xxxxxx Xxxxxx Proposed Total Investment in District $3,183,000,000 $5,734,870,503 Proposed Qualified Investment $502,000,000 $3,722,599,160 Limitation Amount $100,000,000 $100,000,000 Qualifying Time Period (Full Years) 2023-2024 2023-2024 Number of new qualifying jobs committed to by applicant 7* 7* Number of new non-qualifying jobs estimated by applicant 625 625 Average weekly wage of qualifying jobs committed to by applicant $2,238.50 $2,238.50 Minimum weekly wage required for each qualifying job by Tax Code, 313.021(5)(A) $2,238.50 $2,238.50 Minimum annual wage committed to by applicant for qualified jobs $116,402 $116,402 Minimum weekly wage required for non- qualifying jobs $1,246 $1,246 Minimum annual wage required for non- qualifying jobs $64,792 $64,792 Investment per Qualifying Job $454,714,285.71 $819,267,217.71 Estimated M&O levy without any limit (15 years) $178,418,343 $204,253,378 Estimated M&O levy with Limitation (15 years) $78,432,159 $68,617,888 Estimated gross M&O tax benefit (15 years) $99,986,184 $135,635,490 * Applicant is requesting district to waive requirement to create minimum number of qualifying jobs pursuant to Tax Code, 313.025 (f-1). Table 2 is the estimated statewide economic impact of Texas Instruments Incorporated (modeled). Employment Personal Income Year Direct Indirect + Induced Total Direct Indirect + Induced Total 2021 1048 1,233 2281 $44,650,040 $121,349,960 $166,000,000 2022 960 1,165 2125 $42,828,140 $129,171,860 $172,000,000 2023 792 931 1723 $39,035,664 $112,964,336 $152,000,000 2024 515 1,019 1534 $27,855,450 $119,144,550 $147,000,000 2025 524 1,223 1747 $28,709,778 $146,290,222 $175,000,000 2026 539 1,261 1800 $29,958,258 $160,041,742 $190,000,000 2027 364 1,017 1381 $22,264,358 $140,735,642 $163,000,000 2028 565 1,115 1680 $33,164,270 $160,835,730 $194,000,000 2029 389 833 1222 $25,565,358 $131,434,642 $157,...
Economic Impact Analysis. An evaluation of the economic impact of the aggregate project investment should be undertaken that is fully compliant with the RDA Impact Evaluation Framework Guidelines: Conduct a robust quantitative economic impact evaluation that is fully compliant with the RDA ‘Impact Evaluation Framework’ (IEF) Guidelines and RDA ‘Practical Guidance on Implementing the Impact Evaluation Framework’ for each of the programmes including: achievement of gross outputs and expenditure against its approved targets; conversion of outputs from gross to net after accounting for deadweight effects (counterfactual position), displacement, leakage and multiplier effect; assessment of the contribution of outputs to attributable outcomes including any unintended outcomes/effects; assessment of additionality and an assessment of wider impacts on the sub-regional economy and London’s economy and as such the contribution to the programmes to the LDA’s corporate objectives set out in the Economic Development Strategy;
