Laserfiche WebLink
<br />o 0115 6 <br /> <br />October in a good water year. Private boating, particularly rafting, will generally being in mid- <br />April as the river starts rising and tapers off as water levels drop in late June or early July. <br />However, kayaking and canoeing will continue all summer long through October if water levels <br />are sufficient. <br /> <br />Economic Impact <br /> <br />Recreational use on the Yampa River is a mainstay of the local economy during summer months <br />and is a major reason why visitors from across the country and around the world come to <br />Steamboat Springs in the summertime. Although the City has not performed or commissioned a <br />formal evaluation of economic impacts from river-related recreational activities, some <br />approximations can be derived from available information. Commercial outfitters are required <br />by City ordinance to pay a 5% fee based on the rental of flotation devices (i.e. tubes, kayaks, <br />canoes, rafts) or other river recreational equipment. In 2003, a mediocre year for river recreation <br />activities due to low flows after mid-July, those 5% fees amounted to about $10,400. Calculating <br />the revenues from this 5% fee indicates that total revenues to commercial river outfitters iust <br />from rental equipment (no sales, no guiding services, no instruction) were approximately <br />$208,000. Revenues from the sale of kayaks, boating gear, fishing gear, licenses, inner tubes, etc <br />would exceed this amount. Additional substantial revenues are generated from the provision of <br />guides or instructors for river recreational activities such as kayaking lessons. These local <br />recreation oriented businesses are critically dependent upon water flows in the Yampa and <br />suffered badly in the drought of2002 due to extremely low flows. During such times, the City <br />suffers negative economic impacts as well because the City's budget is funded almost entirely <br />from sale taxes. The commercial outfitters also employ significant numbers oflocals during the <br />spring, summer and fall months as store clerks, guides, paddling instructors, shuttle drivers, river <br />monitors, etc. <br /> <br />... Without" doubt, the largest economic impact would be the expenditures of visitors or tourists who <br />engage in some form of river recreation when in town. The Steamboat Springs Chamber Resort <br />Association estimated the summer visitation population is over 200,000 people. These visitors <br />are generally staying for several days while renting condos or motel rooms, eating in local <br />restaurants or buying groceries, buying fuel, sporting goods, general goods and services, etc. and <br />engaging in the many forms of outdoor recreation that Steamboat offers. The Chamber estimates <br />the average stay at 2.5 to 4.5 nights with average expenditures of $70 to $90 per day per person. <br />Using a very conservative figure of $80/day, according to the Chamber, total direct summer <br />visitor expenditures can be estimated at a minimum $50,000,000 to $72,000,000 per year. <br />Conservatively assuming that only half of the over 200,000 summer visitors engage in some form <br />of recreation on theYampa (i.e. kayaking, tubing, canoeing, swimming, wading or simply <br />enjoying the Core Trail along the Boating Park), one could conclude that some $20,000,000 to <br />$35,000,000 per year in direct revenues are ast least partially attributable to the presence and use <br />of the Boating Park and the associated recreational water use. <br /> <br />-3- <br /> <br />/l <br />