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Exhibit V <br />Economic Impact of Horse Industry in Washi11gton State <br />. -, ,.• . - <br />' '1H1.E E<ZONOJHIC,lfvfP,1iCT OF ·'lFIEJIORSE IN1)UST[~Y1N <br />.... I -• . -: . . • • • • <br />~J~:J}'//JJV(~Tl 1N :S}1.1 '.TE . . <br />. -·7 <br />. j ~ ._ . L. 1 I._ JI ... I _ _ :_____._ _.;. -_ .. _ ~-=------~ <br />~_'II -1, -I -.. --., <br />_..___ __ _ <br />~--...... --· <br />By Bact Country Horsemen of Wallington (BCHW) for the Big Tent Coalition in Olympia 2013 <br />"umbe:rofpcaplc in Washington Sta.tc cnsasod in equestrian actlvldes: 4% or 250.000 1 <br />Activity rating in number of participants of all ourdoor activities in Waabinpc Staie: 141 <br />1,.1 <br />Number of horlos in Wuhmaton Seate: i49,9,wz <br />Average ~1;151 ofkeer,ing a hor,50 for a year: S3,.876J (249,964 x 3,876 = S!J68,860,464/year) <br />Wagei; from Eque..\trian .and Rd~d lnd1' tries in King County alone: S61,SS9,4084 <br />~actors for contln1,1l11& to hfve a Sl.l«-eSsful and prosper.ou• 1ciuestrlM Industry U<h'i& County): <br />a) MaimeDB11c;:e of an apicu]tural ~r"O$~ that providei the fflQerlal1 1 111ervices1 and facilitie5 <br />tor breeding, raisin&, tra.ining, stablioa, feeding, .and c:ar:ms for horse&. <br />b) A htalthy pari-mutuel racing ind11$11y. <br />c) Quality shr>W and coq,atitiOo facilities and vmuiei;. <br />d) An acmve l:!alendar of11lmM. cc;,mpcdtions, and other cqueslrian cve:nts and acti'Yitics, mch as 4. <br />H. COUDl)I fllira, etc.' <br />i\ newly complerecl atvdy in Kentucky (10 l 2) which ha& 24~ ,400 bonea and con1p4\rnb~ rec:realiona! and <br />Ca(:mg facilities pnts their t4uinc-rclatcd M&eli as 123.4 billion and Sl.2 btllion m equin-e related <br />t.-xpendilures.' With i;econdary bW!JlJffl; effi=cli, we (BCHW) estimate that equHtrian economic impeet& <br />in Washington State at SS blWon per year, which is eo«1siii:tenl with the nationw study by the Amnrican <br />Horse Council' arld makmg jt one of the top recmatioa.al contributon to our state's ~onomy. <br />'20060utdoor("1:l'a:ot!l1fl IIMIV bythc W thtnaton Smta Accreat1on ind tonservetlOl'I Office <br />1 Amerli;1m Horse~ovw publleat107' by tile Alt rlcan Hor.re ccuncll lOOS <br />l Mai Cooi,entlve Eldcnsloll 1-'ubUc:at loru Bulletln,1112004 · <br />~~JndM$™ 10,l!•w Cou:ntv I,!¥ Kina, g,unty ;GA?9$.P§'nl1'1Qmal\! 2007 <br />Summ ryofEconomft! o Eciuestrl ii Industry Us~ In Kir}! County 2011 <br />~ 20U K-cntuclty Equine Survey <br />1 N11tlor, Eainomii: lmpacr of th U.S. HorS9 lndunrv bv Amcrlc:an Horse Council 2005 <br />Wasbing1on State Horse Parle Distressed County Sales and Use Tax Grant Application pg2S/25