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Durango Exhibit 24: City of Durango, Colorado: Economic Impacts of Whitewater Recreation Final Report
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Durango Exhibit 24: City of Durango, Colorado: Economic Impacts of Whitewater Recreation Final Report
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Water Supply Protection
Description
Durango RICD
State
CO
Basin
San Juan/Dolores
Water Division
7
Date
6/1/2006
Author
RPI Consulting
Title
Durango Exhibit 24: City of Durango, Colorado: Economic Impacts of Whitewater Recreation Final Report
Water Supply Pro - Doc Type
Court Documents
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City of Durango: Economic Impacts of Whitewater Recreation Final Ropw 2006 <br />Figure 8. Commercial Whitewater Rentals & Class Economic Impacts <br />Consequently total user days from these user groups was estimated at over 2300 per year with <br />an attendant total economic impact of over $530,000. <br />EMPLOYMENT <br />Commercial River rafting operations are currently largely seasonal - with the majority of business <br />occurring between May and September. June, July, and August are the busiest months <br />although training camps, equipment rentals, and skill classes occur into the shoulder seasons. <br />Due to the typically seasonal nature of employment this report calculates employees in terms of <br />Part Time Employee Equivalents (PTE); functionally, this translates to one worker employed for <br />one -half a year equivalent hours (1040 hours) at one half of the 2005 La Plata County <br />earnings per job ('$30,000/2 = $15,000). Estimated total commercial whitewater associated sales <br />were provided by the City of Durango Finance Department - an estimated total payroll was <br />derived from the sales and cross - checked by personal interviews with rafting company owners. <br />Total PTE was calculated from the payroll - please note that the PTE converts many quarter - <br />time (and under) employees to a flat, part time equivalent for simplicity. <br />In addition to the direct employment generated by commercial whitewater, significant multiplied <br />employment accrues from the total sales created by the industry - the typical means to calculate <br />total employment fomented by an industry is through the Regional Input Output Modeling System <br />- commonly known as RIMS and developed by the Bureau of Economic Analysis. In this report <br />the RIMS employment multiplier is used to estimate the total employment associated with the <br />whitewater rafting industry per million of direct local expenditures. In this case, the RIMS <br />industry number 760206 for "Other Amusement and Recreation Services," was utilized to yield an <br />employment multiplier of roughly 33 additional employees created for every million in total sales. <br />Total direct and multiplied employment from the Durango Commercial Whitewater Recreation <br />Industry is approximately 375 PTE. Although total sales and payrolls were suppressed from <br />public release for proprietary reasons, totals have been tabulated and reveal total estimated <br />direct employment factored by the RIMS multiplier to yield total associated industry employment. <br />Ft P9 Cog4 If lvB Ins.. <br />970.382.9153 <br />9 <br />Total Estimated <br />User Days <br />Direct <br />Expenditur <br />Total Economic Impact <br />Raft/Kayak <br />571 <br />$ 22,840 <br />$ 58,470 <br />Rental <br />Skills Class <br />1,789 <br />$ 186,839 <br />$ 478,307 <br />TOTAL <br />2,360 <br />$ 209,679 <br />$ 536,777 <br />Consequently total user days from these user groups was estimated at over 2300 per year with <br />an attendant total economic impact of over $530,000. <br />EMPLOYMENT <br />Commercial River rafting operations are currently largely seasonal - with the majority of business <br />occurring between May and September. June, July, and August are the busiest months <br />although training camps, equipment rentals, and skill classes occur into the shoulder seasons. <br />Due to the typically seasonal nature of employment this report calculates employees in terms of <br />Part Time Employee Equivalents (PTE); functionally, this translates to one worker employed for <br />one -half a year equivalent hours (1040 hours) at one half of the 2005 La Plata County <br />earnings per job ('$30,000/2 = $15,000). Estimated total commercial whitewater associated sales <br />were provided by the City of Durango Finance Department - an estimated total payroll was <br />derived from the sales and cross - checked by personal interviews with rafting company owners. <br />Total PTE was calculated from the payroll - please note that the PTE converts many quarter - <br />time (and under) employees to a flat, part time equivalent for simplicity. <br />In addition to the direct employment generated by commercial whitewater, significant multiplied <br />employment accrues from the total sales created by the industry - the typical means to calculate <br />total employment fomented by an industry is through the Regional Input Output Modeling System <br />- commonly known as RIMS and developed by the Bureau of Economic Analysis. In this report <br />the RIMS employment multiplier is used to estimate the total employment associated with the <br />whitewater rafting industry per million of direct local expenditures. In this case, the RIMS <br />industry number 760206 for "Other Amusement and Recreation Services," was utilized to yield an <br />employment multiplier of roughly 33 additional employees created for every million in total sales. <br />Total direct and multiplied employment from the Durango Commercial Whitewater Recreation <br />Industry is approximately 375 PTE. Although total sales and payrolls were suppressed from <br />public release for proprietary reasons, totals have been tabulated and reveal total estimated <br />direct employment factored by the RIMS multiplier to yield total associated industry employment. <br />Ft P9 Cog4 If lvB Ins.. <br />970.382.9153 <br />9 <br />
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