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|
|
SUMMARY OF THE ECONOMIC IMPACT |
|
OF COASTAL CAROLINA UNIVERSITY |
|
ON ITS SERVICE AREA DURING FISCAL 2001 |
| IMPACT |
DIRECT |
INDIRECT | TOTAL |
| Expenditure Impacts: | |||
| Local Purchases by Coastal Carolina | 21,602,288 | 19,485,264 | 41,087,552 |
| Local Personal Related Expenditures by Coastal Carolina | 21,854,997 | 19,713,208 | 41,568,205 |
| Student Local Expenditures |
56,703,002
|
51,146,108 |
107,849,110 |
|
SUBTOTAL |
100,106,287 |
90,344,579 |
190,504,866 |
| Public Sector Impacts: | |||
| Local Property Tax | 2,068,528 | 1,865,812 | 3,934,340 |
| Revenue Sharing |
449,255 |
405,228 |
854,483 |
|
SUBTOTAL |
2,517,783 |
2,271,040 |
4,788,823 |
| Credit Expansion: | |||
| Coastal Carolina Employee-related Loans |
860,650 |
776,306 |
1,636,956 |
|
GRAND TOTAL |
$103,538,720 |
$93,391,926 |
$196,930,646 |
|
Credit in Employment Terms |
768 jobs |
7,040 jobs |
7,808 |
|
