HomeMy WebLinkAboutNWSSB 2018 EIA update SB public brief FINAL
Naval Weapons Station Seal Beach
NWS Seal Beach Community Planning Liaison OfficerEmail: kelly.l.finn@navy.milPresented by Kelly FinnPhone: (562) 626-7755
Economic Impact Assessment 2018 Update
•••••••2018 update also includes contract expenditures from Defense Fuel Support Point San PedroTax RevenuesEmployment (number of jobs)Total Industry Output Visitor SpendingContract
and purchase expenditures for Operations and MaintenancePayroll
•Previous NWS Seal Beach EIA (2011) based on FY 2010 data
•••••Current NWS Seal Beach EIA Update (2018) based on FY 2017 dataEconomic impact measures generated by IMPLAN model include:Data provided by NWS Seal Beach and tenant commandsData
sources considered: Region of Influence (ROI): Los Angeles and Orange Counties
Economic Impact Assessment (EIA)
NWS Seal Beach
*Not included in Total Economic Activity
•••••••$112 million in Total Industry Output $451,000 Visitor Spending$3 million in Operations & Maintenance Expenditures$3 million in Payrolland visitor spending within ROIEstimated
715 jobs generated from base operations, personal spending, 1,749 NWS Seal Beach MIL & CIV personnel residing in ROI$52 million on Direct Payroll to MIL & DoD CIV personnel residing
in ROI–from payroll; operations & maintenance; and visitor spending
$716 million in Total Economic Activity generated by NWS Seal Beach and Defense Fuel Support Point San Pedro in ROI
** $164 million in Total Economic Activity generated exclusively by NWS Seal Beach ** ••Key economic benefits include: 2,464 Total Direct, Indirect, and Induced Jobs$6.4 million in state
/ local tax revenue*
EIA Results –Total Economic Activity
NWS Seal Beach
*Total Industry Output: The value of total goods and services in the regional economy
$52 million in the following additional estimated induced economic benefits:direct jobs and payroll expenditures from NWS Seal Beach generated
•••$41 million in Total Industry Output*262 additional jobs
EIA Results –Payroll and Personnel
NWS Seal Beach
$37 million spent by economic benefits: and related services and supplies in the ROI generated the following estimated NWS Seal Beach on Operation & Maintenance support, construction
•••$64 million in $3 million in state / local tax revenue390 additional jobsTotal Industry Output
EIA Results –O & M
NWS Seal Beach
*NWS Seal Beach, and other visitors at the installation. Average stay was 5 days.Visitors: Sailors on visiting ships, Reservists living more than 50 mi from
11,691 visitors* to NWS Seal Beach spent an estimated $912,000 on off$3 million at local restaurants and retail establishments. -base lodging and
Visitor Spending at NWS Seal Beach generated:•••$7 million in Total Industry $451,000 in state / local tax revenue63 additional jobsOutput
EIA Results –Visitors
NWS Seal Beach
Summary Report available at: https://www.cnic.navy.mil/regions/cnrsw/installations/nws_seal_beach.html
•History & Mission
•••••Areas of Environmental StewardshipCommunity InvolvementEconomic HighlightsMission SustainabilityOperation
EIA Summary Report
NWS Seal Beach
Questions?
9
Back-up Slides
*NOTE: Table includes NWS Seal Beach data only**Directly employed MIL and CIV personnel residing in ROI, plus other jobs generated from base operations, personal spending, aProvided
for informational purposes; not included in Total Economic Activitynd visitor spending within ROI.
---PayrollVisitorOperations & Maintenance ExpendituresSpending$2.9$3 million$3 million$3 million$451,000$330,000million
Total Economic ActivityState/LocalTotal Number of Jobs*Total Direct CIV & MIL PayrollTotal Industry Output$111.6 million$91.4 $38.9 million$52.2 million$164 million$136 million$6.4 million$5.9
2,4642,010Tax Revenue**millionmillion
2018 (FY17 Data)2011 (FY10 Data)EconomicHighlights
Comparison of Study Updates Since 2011