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Res-2018-197
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2018-12-04 10:00 AM - Commissioners' Agenda
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Res-2018-197
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Last modified
12/11/2018 10:00:00 AM
Creation date
12/11/2018 9:57:57 AM
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Meeting
Date
12/4/2018
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
o
Item
Request to Approve a Resolution for the 2019 Distressed County Sales and Use Tax Infrastructure Improvement Program Agreement with Washington State Horse Park Authority
Order
15
Placement
Consent Agenda
Row ID
49668
Type
Resolution
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population of Kittitas County (at 38,000) relative to the region. Again,_ to be on the <br />conservative side, we use 3 persons per horse (both participants and spectators), and <br />$136 expenditures per person. Although our estimates of spending tend to be low, we <br />find these appropriate In vfew of the relatively limited options for expenditures in a rural <br />county. coupled with the iower cost of tourism expenditures for motels, restaurants, and <br />entertainment in a rural area. <br />In impact studies the magnitude of the impact multipliers Is wide ranging and far more <br />dependant upon scope of the region under analysis. As for impact of horse parks, the <br />Virginia Horse Center study employed the highly rigorous input-output technique to <br />derive two sets of multipliers, one for the state and one for the immediate horse center <br />area. Table 7 shows output, earnings, and employment multipliers for both Virginia and <br />the Immediate area. The output multiplier converts direct expenditures Into output (or <br />value of product), the earnings multiplier converts expenditures into Incomes, and the <br />empfoyment multipliers convert spending into a .measure of new jobs created. For the <br />~tate impacts of our study, we compare the ·most recent input-output analysis multipliers <br />for W ?Shington State to those for the State of Virginia and adopted the multipliers <br />shown in Table 8; note that they do not differmarkedly from those used for the State of <br />Virginia. However, the multipliers for Kittitas County differ significantly from those for <br />the Lexington-Rockbridge location of the Virginia facility. This Is because the Kittitas <br />' area is far smaller (population of 36,600 versus 360,000), and accordingly has far fewer <br />economic linkages; many of the types of establishments-in the Lexington-Rockbridge <br />location do not exist in Kittitas county, and will not exist within the time-scope of this <br />analysis. <br />38
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