GREAT WESTERN RECLAMATION, INC. TECHNICAL PROPOSAL PART 2

Home Browse Search

Executive Summary The economic impact on the City of Santa Ana resulting from the Municipal Solid Waste Collection and Recycling contract with Great Western Reclamation over the period 1988-1993, is evaluated in this study. The impact takes two major forms: an impact on personal income generation in Santa Ana, and an impact on sales tax revenue to the city. • The multiplied economic impact on the City's economy resulting from the contract is an estimated $4,249,956 increase in personal income in 1992. • The total multiplied economic impact on the City's economy resulting from the contract is an estimated $19,998,940 increase in personal income over the period 7/88-6/93. • The sales tax revenue to the City resulting from the contract is estimated to be $18,157 in 1992. • The sales tax revenue to the City resulting from the contract is estimated to be $85,440 over the period 7/88-6/93. The impact on the City from a proposed contract for the period 7/93-6/98 is similarly evaluated. • The total multiplied economic impact on the City resulting from the proposed contract is a projected $24,793,854 increase in personal income over the period 7/93-6/98. • The sales tax revenue to the City resulting from the contract is projected to be $105,924 over the period 7/93-6/98. The impact on the City from the proposed Materials Recovery Facility is considered by evaluating the impact on personal income of the jobs created by the operation of the facility. Great Western Reclamation estimates that this facility will create two hundred and thirty four new jobs. • The multiplied economic impact on the City of the jobs created by the facility is a projected $3,574,760 increase in personal income in 1994. • The total multiplied economic impact on the City of the jobs created by the facility is a projected $17,519,349 increase in personal income over the period 1/94-6/98. 1