Community Impact Analysis: Golf Course Impact

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Community Impact
Analysis
Manufacturing
Golf Courses
Fairgrounds
Natural Disaster
I. Manufacturing Impact
The Economic Impact of Major Manufacturing and
High Technology Firms on the Economy of Stillwater
and Payne County, Oklahoma
• Mike Woods - Extension Economist, OSU, Stillwater
• Suzette Barta - Extension Associate, OSU, Stillwater
• Susan Trzebiatowski - Student Assistant, OSU, Stillwater
• Amanda Hill - Student Assistant, OSU, Stillwater
• Kent Metcalf - Director of Economic Development, Stillwater Chamber
of Commerce
• Nathan Anderson - County Extension Director, OSU, Stillwater
• Jack Frye - Area Community Development Specialist, OSU, Ada
Manufacturing Firms
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Armstrong World Industries, Inc.
Audio Innovation, Inc.
Dearinger Printing and Trophy, Inc.
Frontier Printers, Inc.
Irwin Custom Sign Company, LLC
MerCruiser
National Standard
Olinghouse Steel Supply & Fab.,
Inc.
Quebecor World
R. K. Machine, Inc.
Stillwater Milling Company
The Brinkmann Corporation
The Shutter Mill, Inc.
High Technology Firms
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•
•
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Accurate Labs and Training Center
CMS Technetronics, Inc.
Creative Labs, Inc.
Esker
ForHealth Technologies
Frontier Electronics Systems Corporation
Frontier Engineering, Inc.
iTradeFair.com, Inc.
Landauer, Inc./Crystal Growth Division
Learnsat.Com, Inc. and Digital
Cowboy.Com, Inc.
Nomadics, Inc.
REN Corporation
SST Development Group, Inc.
Stillwater Designs
Tech, Inc.
Teletraining Systems
TMS, Inc.
Table 1
Information Used to Conduct the Impact Analysis
Manufacturing
Employment
Total Compensation
Locally Purchased Inputs
State Wide Purchased Inputs
Property Taxes Paid
Total Utility Expenditures
Charitable and Other
Contributions
High
Technology
Total
2,525
961
3,486
$83,822,484
$33,203,441
$117,025,925
$9,079,396
$2,337,928
$11,417,324
$31,770,711
$12,424,969
$44,195,680
$967,076
$98,090
$1,065,166
$5,496,072
$388,507
$5,884,579
$146,056
$495,822
$641,878
Table 2
Residence of Employees for Stillwater
Manufacturing and High Technology Firms
Manufacturing High Technology
In Stillwater
Total
1,414 (56%)
711 (74%)
2,125 (61%)
In Payne County but
Not Stillwater
732 (29%)
125 (13%)
857 (25%)
Outside Payne County
379 (15%)
125 (13%)
504 (14%)
2,525
961
3,486
Total Jobs
Table 3
Visitors to Stillwater Manufacturing and High
Technology Firms
Manufacturing
High Technology
Total
Annual Number
of Visitors
4,470
2,698
7,168
Percent Who Stay
Overnight
35%
62%
51%
Number of Overnight
Stays
2,586
2,287
4,873
Table 4
Volunteer Hours Reported by Manufacturing and High
Technology Employees and Estimated Total Volunteer Hours
Manufacturing
High Technology
Total
Number of Employees
Responding
1,017
41
1,058
Reported Number of Hours
Employees Volunteer Per Month
1,492
639
2,131
Estimated Total Number of Hours
Employees Volunteer Per Month
3,704
14,978
18,682
Economic Impact Analysis
Results
Table 5
Estimated Impacts on the Local Area from Stillwater
Manufacturing and High Technology Firms
Direct Impacts
Jobs
Manufacturing
Income to Individuals
Sales Taxes from Individuals
Indirect Impacts
Jobs
Income to Individuals
Sales Taxes from Individuals
High Technology
Total
2,787
1,550
4,337
$70,884,408
$668,607
$40,405,809
$381,122
$111,290,217
$1,049,729
2,648
1,209
3,857
$49,619,086
$20,606,963
$70,226,049
$468,025
$194,372
$662,397
2,759
8,194
$61,012,772
$575,494
$181,516,266
$1,712,126
Total Impacts
5,435
Jobs
Income to Individuals
$120,503,494
Sales Taxes from Individuals
$1,136,632
Table 6
Estimated Relative Impacts of Stillwater Manufacturing and
High Technology Firms on the Local Economy
Employment
Total County Employment a
Direct Estimate
Direct Impact Percentage
Total Estimate
Total Percentage
a 1999
Manufacturing
High Technology
Total
45,670
45,670
45,670
2,787
1,550
4,337
6%
3%
9%
5,435
2,759
8,194
12%
6%
18%
Regional Economic Information System, Bureau of Economic Analysis
Table 6 (continued)
Estimated Relative Impacts of Stillwater Manufacturing and
High Technology Firms on the Local Economy
Wages and Salaries
Total County Wages
& Salaries a
Direct Estimate
Direct Impact Percentage
Total Estimate
Total Percentage
a 1999
Manufacturing
High Technology
Total
$727,827,000
$727,827,000
$727,827,000
$70,884,408
$40,405,809
$111,290,217
10%
5%
15%
$120,503,494
$61,012,772
$181,516,266
17%
8%
25%
Regional Economic Information System, Bureau of Economic Analysis
Table 6 (continued)
Estimated Relative Impacts of Stillwater Manufacturing and
High Technology Firms on the Local Economy
Retail Sales Taxes from
Individuals
Manufacturing
High Technology
Total
Total County Sales
Tax Reported
$12,703,126
$12,703,126
$12,703,126
$668,607
$381,122
$1,049,729
5%
3%
8%
$1,136,632
$575,494
$1,712,126
9%
5%
14%
Direct Estimate
Direct Impact Percentage
Total Estimate
Total Percentage
b FY
1999 as reported by the Oklahoma Tax Commission for Stillwater
II. Golf Course Impact
The Economic Impact of a Proposed Golf
Course on the Economy of Perkins, OK
By: Mike D. Woods, Claude Allen, and Duane McVey
Direct Activity of Proposed Golf Course
Capital Investment
$450,000
Annual Operating Expense
$125,000
Full Time Employment
2
Part Time Employment
5
Annual Payroll
$60,000
Rounds of Golf per Year
16,000
Indirect and Total Impacts
Employment Income
Direct
4
$60,000
Indirect
1
$26,400
Total
5
$86,400
Retail Sales
$48,085
Visitor Impact
If average visitor spends…
*
Direct
$10
$20
$30
$214,000
$310,000
$406,000
Indirect
$104,860
$151,900
$198,940
Total
$318,860
$461,900
$604,940
* This assumes that 16,000 annual rounds of golf will
be played and that 60% of these visitors represent outof-town guests. Multiplier = 1.49
•18 Hole, Par 72 Course
•Bentgrass Greens and manicured
Bermuda Fairways
•300 yard practice driving range and 9
hole putting green
•Clubhouse with lunch bar, pro shop and
banquet facilities.
•Residential lots are available
According to Golf Digest, Payne County,
Oklahoma is rated as one of the finest
golf retirement communities in the
nation, with The Golf Club at Cimarron
Trails reported as a new and rising star.
Analyze Impacts of an Entire Sector or Industry
• Agriculture
– Poultry Industry
– Swine Industry
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Health Care Sector
Oil and Gas Industry
Horse Industry
Horseracing Industry
Higher Education
Manufacturing
Tourism
Downtown/Retail Trade
Analyze Impact of a New Business to the Community
Health Care:
• Hospital
• Residential Care
Facility
• Drug
Treatment/Rehab
Center
Agriculture:
• Livestock Facility
• Fairgrounds/Expo
Center
• Farmer Owned
Cooperative
Entertainment:
• Golf Course
• Amusement Park
• Sports Complex
Other/Misc:
• Motel
• Work Release
Center
• Manufacturing Plant
Analyze Impact of
Existing Activity
Analyze Impact of
Lost Activity
• National Recreation
Area
• State Park
• University
• Manufacturing Plant
• County Administrative
Offices
• Loss due to natural
disaster – Tornado
• Business, such as
manufacturing plant,
leaves town or closes
down.
Impacts of a Particular Event
• Conference
• Tourist Event
– Special Olympics Oklahoma
• National Finals Rodeo
• Downtown Festival
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