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2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 presented by Carol L. Comer Acting Director, Division of Intermodal

2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

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Page 1: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

2011 Georgia Statewide Airport Economic Impact Study

Atlanta Aero Club

October 20, 2011

presented by Carol L. Comer

Acting Director, Division of Intermodal

Page 2: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Study Elements Statewide Economic Impact Analysis Aviation Generated Revenue Study Airport Case Studies Business Case Studies DVD – Georgia Airports Mean Business

Page 3: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Impact Measurement Factors

On-airport businesses

On-airport capital improvements

Visitor spending

Non-aviation businesses dependent on airports

Page 4: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Data Collected Surveys of:

– 103 study airports

– 520 on-airport businesses

– Commercial airline visitors

– Transient GA visitors

– Non-aviation businesses

Page 5: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Economic Benefits Reported

Jobs Annual payroll

Annual economic output – airport-related spending

– capital improvements

– all visitor spending

Jobs Annual Payroll

Annual Output

Page 6: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

On-Airport Impacts

On-airport businesses and tenants – Fixed base operators (FBO) – Airlines – Air traffic control – Aircraft maintenance – Other aviation-related businesses

Capital improvement projects (CIP) – FAA, GDOT, local investment – Averaged over multi-year period

Page 7: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Visitor Spending Impacts

Jobs per $1 million in visitor spending

– Commercial Service Airports = 10-13 jobs

– General Aviation Airports = 17-22 jobs

Jobs supported by visitor spending are primarily in

the service industry

Page 8: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Impact Categories

Total Economic Impacts

Multiplier Effect

Respending of on-airport and visitor impacts

Respending of multiplier impacts

Multiplier Impacts

On-Airport & Visitor Impacts

Total Impacts

Tenants

Manufacturing

Aerospace

Airlines

Military

Air Cargo

Education

Visitors

Construction

+ =

Page 9: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Multiplier Impacts

Joe Aircraft Mechanic

Sarah Child Care Provider

Bob Pharmacy

Betty Music Lessons

Sam Grocer

Joan Physician

John Hardware Store

Page 10: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Summary of Economic Impacts

Page 11: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Jobs: Gwinnett County – Briscoe Field

On-Airport Jobs 260

Jobs Supported by General Aviation Visitor Spending 104

Total On-Airport and Visitor Jobs 364

Multiplier Jobs 366

Total Jobs 730

Page 12: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Total Economic Impact: Gwinnett County – Briscoe Field

On-Airport $47,736,500

General Aviation Visitor $6,138,400

Total On-Airport and Visitor Impacts $53,874,900

Multiplier $31,496,300

Total Impacts $85,371,200

Page 13: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Direct Aviation-Related Revenue Summary

AvGas Excise Tax ($0.01/gal)

$55,300

AvGas Sales Tax (4%)

$790,000

Jet Fuel Sales Tax (4%) $40,830,000

Aircraft Property Tax $54,643,000

Aviation Goods & Services Sales

Tax $40,649,200

Total Tax Revenue Generated = $136,967,500

Page 14: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Revenue Study: Flow of Aviation Generated Revenues

$1.65 million

$78 million

$55,300

General Revenue

Fund

$82.6 million

Aviation Goods & Services Taxes

Aviation Gas Excise Tax

($0.01/gal.)1

Aircraft Personal

Property Tax 5

Aviation Gas Sales Tax (4%)

$40.8 million

$40.6 million

$55,300

$54.6 million

$790,000

Motor Fuel Tax

Fund

County Tax Districts

$398,300

Other Non-Transportation State

Funds

Source Fund Appropriation

Georgia Airport Aid Program

$54.2 million County Uses Schools (55%) Other (45%)

Georgia Roads & Bridges

Jet Fuel Sales Tax (4%)

Page 15: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Airport Case Studies

Interviews conducted in November 2010 – Franklin-Hart County – Jackson County – Thomaston-Upson County – Statesboro-Bulloch County – Douglas Municipal

Page 16: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Statesboro Case Study

Since 1991, Statesboro-Bulloch County has: – Attracted 43 new industries and businesses – Experienced $900 million in investment – Added more than 4,400 new jobs – 25% increase in population

Local businesses rely on the airport: – Briggs & Stratton – Georgia Southern University – Local doctors – RB Baker Construction – Carmike Cinemas

Page 17: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Statesboro Case Study

Page 18: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Business Profiles

Page 19: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Next Steps

Publish Final Study Documentation in November Final meeting with Project Steering Committee

Page 20: 2011 Georgia Statewide Airport Economic Impact Study · 2020. 9. 11. · 2011 Georgia Statewide Airport Economic Impact Study Atlanta Aero Club October 20, 2011 . presented by . Carol

Questions?

Carol L. Comer

Acting Director, Division of Intermodal 404.347.0573

[email protected]

Amanda J. Hill Aviation Planner

404.505.4864 [email protected]

http://georgia-aviation.dot.ga.gov/