Weber State College Comment, January 1986, page 4 WSC worth $128.3 million to Ogden area f, for some reason, WSC left the Ogden area the ommunity would suddenly be short $128.3 million per year. That’s what a recent study at WSC reported as the total economic impact of that institution to the surrounding area. | “That's what we're worth to the community in strictly a dollar sense,” said Carol Gaskill, WSC tant director. She added, “Often budget assis- times people don’t look at education as an industry. They fail to put a dollar and cents figure to it.” The report said that Weber State spent $56.7 million directly into the community during the 1984-85 year, and created a credit base expansion of $8.5 million through investments in local banks. Weber State has 1,909 full and part- time salaried employees, making it the fourth largest employer in Weber County, and employees earned $34.5 million in salaries during the 1984-85 year. Re-spending by employees of money earned at the college resulted in the generation of another estimated 1,153 jobs and $40 million in new revenues, Gaskill said. “The fact that we're here and have jobs means that our people spend money in the community and the spending of those dollars creates more jobs and money in the community,” she explained. Money used for building renovation and campus upkeep represented another $1.4 million. In addition, last fiscal year non-resident students attending WSC spent an estimated $7.2 million in non-education related items. If educational expenses are added, the figure jumps to $9.6 million. developed at the University of Utah, notes that even though WSC is taxexempt it pays service fees to local governments for water. Add all that up and college officials say that for every dollar they spend directly, another $1.26 is generated. “It’s the domino effect,” Gaskill said. But probably the greatest benefit of the college is intrinsic, she noted. “Twenty-five thousand different people, students from all walks of life, attend the college sometime during the year. If you figure the population of the area is approximately 100,000, we're serving one-fourth of the popula- businesses are also attracted. She said, “The value of that quality of life to the individual you can’t put educational opportunities generate higher income and a better way of life for local resident students, and the figures to. This is simply a monetary $56.7 All funds: Add: 8.5 a) Credit Base Expansion Due to WSC Funds Banked Locally 7.2 b) Direct Spending by Non-Resident Students c) Personal Service Impact: (Includes Additional Jobs Generated) 40.0 32.1 Million x (2.16 - 1.00) Direct & Indirect Household Million Million Million Million d) Capital Expenditure Impact: (2.1 Million x (1.67 - 1.00) 1.4 Million Per WICHE e) Output Multiplier Impact: (Applied Against Remainder of Expenditures) 14.5 Million $128.3 Million +2.1)) Total 128.3/56.7 = lege provides trained manpower, new tion in direct contact each year,” she said. Gaskill said that the close-range Total WSC Fiscal Year End 6-30-85 Expenditure .72 (56.7 Million - (34.5 cultural, athletic and educational programs offered the community bring additional enrichment. She also noted that because the col- 2.26 Multiplier statement.The intrinsic benefits (of the college) go far beyond that.” Specific losses that would occur if WSC failed to exist: 1) The many financial contributions WSC makes to the economy. 2) The services, managerial and technical, that higher education provides to business and industry. 3) The provision of trained manpower and leadership to the area. 4) Opportunity for preparedness for life or education - for some 10,000 peo- ple without longer travel. FACTS: —Although exempt, considered WSC to be tax- pays to local govern- ments service fees for water and pro- vides its own campus police. Further services come from the library, cultural and recreational events and facilities, which provide social and cultural en- —An estimated 1.153 additional jobs are attributable to spending by WSC for a total at June 10, 1985 of 3,062 or 3.0% of the three-county area nonagriculrural employment, 5.8% of Weber County. —WSC generates annual payrolls of $34.5 Million, most of which is poured back into the local economy. (This represents 1.7% of the non-agricultural personal income of the three county area and 3.5% of Weber County.) when —WSC generated investments of more than $8.5 Million in area financial institutions, thus helping to expand the credit base for residents and businesses. This does not account for private investments by WSC employees, students and related businesses. subsequent respending was computed. Construction is now underway on the $5.4 Million J. Willard Marriott Allied Health Sciences Building (representing one of the major construction projects —WSC enrollment of FTE students increased 20% in the past decade (1975-1985). Numbers of degrees granted increased 51% during those in the area). years. students at WSC joyment and development oppor- —Non-resident tunities. This does not detail the generated over $7.2 Million directly to millions of tax dollars generated by area businesses and over $9.6 Million WSC employees and graduates whose incomes exceed those of persons who did not finish college. to the area economy when educational spending is included. —With 1,909 full- and _ part-time employees at June 10, 1985, WSC ranks 6th among all employers in the three county area (Davis, Morgan and Weber) and 4th in Weber County alone. $2.1 —Capital expenditure by WSC Million in FYE 6-30-85, topped The report, which follows a model Alumni invited to Spain, Portugal SC announces its Spring Quarter 1986 Abroad to Spain and Portugal. Departure is March 25, with the return on May 20. Cost of the eight-week program is $2,100 and includes airfare, living accomodations and meals. Accomodations include first-class hotels during the four-week “gran-tour.” The students, while attending classes, will live with families in the old university city of Salamanca for the first four weeks. The weeks of instruction include four days of classes and three days of weekend excursions to local festivals such as “Semana Santa” and to ancient historical sites which will add to the learning experience. Accompanying WSC professors Dr. Gordon Allred, Dr. Gene Bozniak, Henry Ibarguen and Dr. Larry Doman will teach classes in English, botany, history and Spanish. Those who register for classes have the option of auditing or taking credit/no credit for the courses. The invitation is open to alumni who would like to join the group for the entire eight-week program or for the four-week “gran tour.” The program is flexi- ble for those who cannot take time to spend eight weeks in lovely Spain, but would like to take advantage of this special opportunity. Alumni may wish to ~ join the other participants for part of the “gran tour” through Spain and Portugal. The itinerary includes visits to an historic universi- ty campus in Coimbra, then on to the Castillo De Enrique II and a visit to Guarda, the 19th century bohemian artist’s hangout. The enchanting city of Lisbon, with its antique shops and historic sites is next on the agenda and the ancient- Roman structures in Merida will interest history buffs. The tour continues south to Cordoba where you will visit the magnificant “Labertino de las columnas” in the great mosque. On the Mediterranean coast at Gibraltar, there will be free days for the beach, shopping and an optional trip to Tangiers. Then on up the coast to Granada, and the Moorish edifice Alhambra, to see _ its alabaster corridors and sparkling gardens. In Valen- cia, the group will tour the famous Lladro factory. Barcelona offers art museums and from there it’s on to Madrid, the capital of Spain, where you will visit the Royal Palace and El Museo del Prado, one of the finest art collections in the world. From this historic city the group flies back to New York. There is a limit of sixty participants for the program. A deposit of $100 should be paid as soon as possible to reserve your space. The balance is due Feb. 10, 1986. All payments should be made at the cashiers window in the Administration Building. For more information contact Larry Doman at the Foreign Language Department: (801) 626-6187 or 626-6721.