Increase tax revenues
|20 Year Tax Impact||Direct||Indirect||Induced||TOTAL|
|Employment Impact by Phase||Direct Jobs||Other Jobs||TOTAL JOBS|
|Construction (2 yrs)||1,057||924||1,981|
Grow the economy
|Employment Impact by Phase||Direct||Other||TOTAL|
|Construction (2 yrs)||167,035,893||116,640,636||283,676,529|
Source: Novogradac & Company LLP performed an Economic Impact Analysis of the Electric Works-West Campus redevelopment, using the “IMPLAN” software and data produced by IMPLAN Group, LLC.
Notes: Direct impacts are the total financial equivalents of the number of employees in a given industry. Indirect effects are impacts caused by the iteration of industries purchasing from other industries. Induced effects are the impacts on all local industries caused by the expenditures of new household income generated by the direct and indirect effects.