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number of total annual event visitors increases by 22,528 with an increase in overnighters increases by <br />18,685, generating $2.2m in additional economic benefits and $33,719 of added Lodging Tax revenues. <br />The methodology used to develop these metrics and projections is as follows: <br />❑ impact of Covered Arena: Assumes season extended by 50% plus expansion of current shows and ability to <br />attract new users groups including some non-equme events. <br />13 Vtshors: Based on actual count of each horse(nder) using the Horne Park for a visit (regardless of number of <br />days of visit) multiplied by 3. Central Washington university (CWU) conducted an economic study of over 40 <br />US ham parks in 2006. The study concluded that 3 people (including trainers, grooms, family, spectators, <br />stag volunteers, etc.) attend an event per horse. This is reasonable based on Horse park experience. <br />❑ Visitors residing outside Kittitas County: actual zip code information collected from users and projected <br />❑ Overnights during multi -day events: based on each event's schedule. <br />❑ Bay -Use Visitors—non-local: based on user registration forms. <br />Q Total visitors overnights—non-local: calculated for each event the number of nan-local visitors times the <br />number of nights, then applied the overall % of non -local visitors to the total. <br />13 Visitors overnight—not in paid lodging: An estimated 15% of Horse Park use= ether use RV hookups or dry <br />camp. A negligible number stay with friends/family close by. We multiplied 15% to the total number. <br />13 Visitors overnight—in paid lodghW. This is the remaining 85% of visitors overnight. <br />❑ No. Lodging Rooms Booked: Based on umma demographics, we estimate that 1.5 users occupy a single room. <br />This is conservative. <br />l] Overall Economic bnpad of Vidtors: CWU study estimates that an individual spends $136/day for tourist <br />swvicem; this metric was multiplied by the total number of non -local visitor nights. We applied an even more <br />conmarvat ve assumption of $120/day. <br />❑ Number of Jobs Created: CWU estimates that for every $1 million of economic impact, 16 jobs are created. <br />❑ HotdIMotei Spending: approximately 39% of overnight spending is for lodging per Dean Runyan <br />Washington State Travel Impacts & Visitor Volume 2001-2011 <br />❑ Lodging Tax Revenues: Total Hotel/Motel spending times 4% lodging talc rate (2% plus 2%) <br />Submit the original application to: <br />Kittitaa County Department of Public Works <br />411 N. Ruby, Suite #1 <br />Ellensburg, WA 9892 <br />Wasbmg on Sb to Horse Park Dutmsmd County Sales and. Use Tax Grant AMh a don pgl3/25 <br />