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HomeMy WebLinkAbout034Michelle Farfan From: Sent: To: Cc: Subject: Attachments: Hollinger, Kristy < khollinger@eaest.com > Wednesday, October L5,2014 3:06 PM David W. Johnson (djoh nson@co jefferson.wa.us); peckassoc@comcast.net Schipanski, Rich Pleasant Harbor - Economic Report MPR SEIS L0-14 [2].docx Hi David and Garth, Attached is the Economic Report from Wright Johnson, which we received last night. Rich and I think it looks good, as it now evaluates jobs at or below 80%of the area AMlfor all phases of the project, instead of just Phase l. The only revision we requested was for the addition of a couple sentences explaining the basic project parameters on which their analysis is based. Now that we have the report, we should have a finaldraft of the SEIS to you by Friday. Thanksl Kristy Kristy M. Hollinger Planner @t EA Engineering, Science and Technology, lnc. 2200 Sixth Ave, Suite 707 | Seattle, WA 98121 (t) 206.452.5350 ext. 1726 | (0 206.443.7646 khollinger@eaest.com http://www.eaest.com 1 $ ,"ror" printing, think about EI{VTRoNMENTAL responsibility \T/RIGHT JOHNSON professional authors and analysts An Economic Analysis of Earnings Pursuant to Jefferson Counfy Board of County Commissioners' Condition 639 for the Pleasant Hatbor Master Planned Resort (MPR) By Wright Johnson ,LLC October 2014 205 Woth Avenue, Suite 201, Palm Beach, FL 33480 Telephone: (561) 282-6099 Email: info@wnghtj ohnsonllc. com 1. Introduction Wnght Johnson, LLC, ("WJ") has been retained to perform an economic assessment of earnings of the Pleasant Harbor Master Planned Resort (I\,IPR) employees in conformity with the Jefferson County Board of County Commissioners' condition 639, which states: "The developer shall commission a study of the number of jobs expected to be created as a direct or inditect result of the MPR that earn 80o/o or less of the Brinnon ^te average median income (AMD. The developer shall provide affordable housing (e.g., no more than 30o/o of household income) for the Brinnon MPR workers roughly proportional to the number of jobs created that earn 800/o or less of the Brinnon atea AMI. The developer may satis$r this condition through dedication of land, payment of in Iieu fee, or onsite housing development." To accomplish this, the analysis estimates the number of direct and indirect jobs associated with the project, as well as average wages associated with these jobs. The analysis utilizes the RIMS II model to estimate these jobs and wages as discussed below. 2. Methods & Assumptions The analysis considers the impacts of the construction and operation of the MPR project, which will operate within the following industry clusters:1 Residential Building Construction - NAICS code 2361: This industry comprises establishments primanly responsible for the construction or remodeling and renovauon of single-famiiy and multifamily residential buildings. Included in this industry are residential housing general contractors (i.e., new construction, remodeling, or renovating existing residential structures), for-sale buildets and remodelers of residential structures, residential ptoject construction management firms, and residential design-build fums. Non-Residential Building Construction - NAICS code 2362: This industry comprises establishments primarily responsible for the construction (including new work, additions, alterations, maintenance, and repairs) of commercial and institutional buildings and related structures, such as stadiums, grain elevators, and indoor swimming facilities. This industry includes establishments responsible for the on-site assembly of modular or prefabricated commercial and institutional burldings. Included in thrs rndustry are commercial and institutional building general contJactors, commercial and insntutional building fot-sale buildets, commetcial and institutional buitding design- build fums, and commercial and institutional building project construction management frrms. Utility System Construction - NAICS code 2371: This industry comprises establishments primarily engaged in the construction of watet and sewer lines, mains, pumping stations, treatment plants, and storage tanks, The work performed may include new work, reconstruction, rehabilitation, and repairs. Specialty trade contractors are included in this group if they are engaged in activities pnmarily related to water, sewer line, and related structures construction. AII structures (including 1 NAICS code definitions provided by the U.S. Census Bureau. Page ll buildings) that are integral parts of water and sewer networks (e.g., storage tanks, pumping stations, water treatment plants, and sewage treatment plants) ate rncluded in this rndustry. Food and Beverage Stores- NAICS code 445: Indusfties rn the Food and Beverage Stores subsectot usually retail food and bevetage metchandise from fixed point-of-sale locations. Establishments in this subsector have special equipment (e.g., fueezers, refrigerated display cases, refrigerators) for displaying food and beverag. goodr. They have staff trained in the pro.esting of food products to guarantee the proper storage and sanitary conditions required by regulatory authority. Miscellaneous Stote Retailers - NAICS 453: Industries in the Miscellaneous Store Retailers subsector retail merchandise from fxed point-of-sale locations (except new or used motor vehicles and parts; new furnirure and home furnishings; new appliances and electronic products; new building materials and garden equipment and supplies; food and beverages; health and personal care goods; gasoline; new clothing and accessories; and new sporing goods, hobby goods, books, and music). Establishments in this subsector include stores with unique characteristics like florists, used merchandise stores, and pet and pet supply stores as well as other store retailers. Amusement, Gambling, and Recteation Industries - NAICS 77i: Industries ln the Amusement, Gambhng, and Recreation Industties subsector (1) operate facilities where patrons can primarily engage in sports, recreation, amusement, or gambling activities andf or (2) provide other amusement and recreation seryices, such as supplyrng and servicing amusement devices in places of business operated by others; opetating sports teams, clubs, or leagues engaged in playing games for recreational purposes; and guiding tours without using transportation equipment. Accommodation - NAICS code 721 Industries in the Accommodation subsector provide lodgrng or short-term accommodations for travelers, vacationers, and others. There is a wide range of establishments in these rndustries. Some provide lodgtng only; while others provide meals, laundry services, and recteational facilities, as well as lodging. Lodgrng establishments are classified in this subsector even if the provision of complementary services generates more revenue. The types of complementary services provided vary fuom establishment to establishment. Food Services and Ddnking Places - NAICS 722: Industries in the Food Sewices and Drinking Places subsector prepare meals, snacks, and beverages to customet otdet fot immediate on-premises and off-premises consumption. There is a wide range of establishments in these industries. Some provide food and dnnk only; while others provide vadous combinations of seating space, warterf waittess services and incidental amenities, such as limited entertainment. The industries in the subsector are grouped based on the type and level of seryices provided. The rndustry groups are special food services, such as food service conftactors, caterers, and mobile food services; ddnking places; and restaurants and other eating places. Other Perconal Services - NAICS 8129: This industry group comprises establishments primadiy engaged in ptoviding personal sewices (except petsonal care services, death care services, or dry- cleaning and laundry services), This includes Pet Care (except Veterinary) Services, Photofrnishing, Parking Lots and Garages, and All Other Petsonal Services, including Wedding Chapels. Petsonal Cate Services - NAICS 8121 This industry group comprises establishments that provide appearance care services to individual consumets. These include Hair, Nail, and Skin Care Services and Other Petsonal Care Services. P age 12 Lessors of Nontesidential Buildings (except Miniwarehouses) - NAICS 53112: This industry comprises establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that arc not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidenual buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. Water, Sewage and Othet Systems - NAICS 2213: Industries in tlus sector include water treatment plants, water supply systems, sewer systems, andf or sewage treatment facilities that collect, treat, and dispose of waste. The proposed project will be constructed and operated in four distinct phases. A summary of the proposed project construction expenditure and operating employment data is summarized below, by phase: Construction: Construction cost of the project is estrmated ^t fi201,,473,493 (n 2014 dollars) over the four phases. This includes only the hard consftuction costs and excludes matketing, engineering, legal, insurance, taxes, design and permitting, sales tax, and contingency costs (soft costs). Soft costs are shown in the below tables, but are not included in the total amount shown for each phase. Offsite Work Site Work & Infrastructure Buildings Remodeling Projects Marina Dock/Fuel Lines/Sanitary Updates Engineering & Consultants* Legal, Insurance, Taxes* Marketing* 752,397 30,261,236 10,497,700 688,536 3,660,480 3,335,737 1,181,649 512,170 $ Consulting Fees* Fees and Permits* Site Work Excavation Construction General and Administration* Contingency+ 317,000 217,000 940,000 1 35,1 00 32,184,810 4,3 50,000 650,000 $ Sumnrarl'of Estimatcd Construction Costs Page l3 Phase l-Maritime Center & Infrastructure Phase I Total s 45,860"349 Phase 2-Olympic Yillage Center & Golf Course Phase 2Total $ 33,259,910 Consulting Fees* Fees and Permits* Site Work Excavation Construction General and Administration* Contingency* 400,000 435,000 675,000 268,000 32,086,234 3,673,700 400,000 $ Consulting Fees* Fees and Permits* Site Work Excavation Construction General and Administration* Contingency* 132,000 103,000 90,000 123,000 6,172,000 120,000 $ Consulting Fees* Fees and Permits* Site Work Excavation Construction General and Administration* Contingency* $ 1,036,000 980,000 1,435,000 1,506,000 79,938,000 12,560,000 1,980,000 *Not included in total As the current RIMS II multipliers are based on 2010 data, we must deflate the construction expenditures to 2010 dollars. According to the Turnet Construction Building Cost Index, construction costs have been on an increase from 2070 through 201,4. The cost index in 2010 was 799 vs. the 2nd quarter 201.4 cost index of 896. Therefote, t1le construction costs fot this ptoject will need to be reduced to 2010 dollars. Page l4 EEttilllisDescription Phase 3-Golf Course Center & Terraces s 33,029,234Phase 3 Total Phase 3-Staff Housing $ 6J85,000Phase 3 Total Phase 4-Seaview Villas & Alpine Vistas $ $ 82,879,000Phase 4 Total TOTAL 2nd Quarter 2O14 1st Quarter 2014 4th Quarter 2013 3rd Quarter 2013 2013 20L2 20t1, 2010 2009 2008 2007 2006 200s 2004 2003 2002 1.24 0.80 1.15 896 885 878 868 864 830 812 799 &i2 908 854 793 777 6s5 62! 619 613 4.1, 2.L 1.6 -4.0 -8.4 6.3 7.7 10.6 9.5 5.4 0.3 1.0 3.0 The Turner Building Co$t lndex is dctermined by the following factors considered on a *ationwide basls: labar rates and productivity, material prlces and the cornpetitive co*dltion ol the marketplace. To convert this figure to 2010 dollars we use the 2074 index of 896 and divide it by the 2010 index of 799. Thisgivesusafigure of 896/799=1..1.21.. Toconvettthe$201,473,493 costin2074dollarc to 2010 dollars, rhe 2074 expenditute is divided by 1..1.21., to yield $179,608,684. Facilitv Ooerations: Per the Develooer- the oroiect will senerate an estimated225 direct ooeratins jobs thtough various operatlng components over the fout phases as summarized below. lirrner Phase 2014 Dollars 2010 Dollats $40,895,557Phase 1 $ +s,960,349 33,259,970 29,659,229Phase 2 Phase 3 39,474,234 35,747,291 Phase 4 82,879,000 73,906,608 $ 179,608,684Total$ 201,413,493 Page l5 Aversge lndex Building Construction Expenditure2Al4 Dollars vs. 2010 Dollars Food Services Marina* TTA (fun center) Suites Village 722-Food Services and Drinking Places 713-Amusement, Gambling, and Recreation Industries 721-Accommodation 445-Food and Beverage Stores 13 11 Suites* Food Services Wedding Chapel Spa Convention Center Gift Shop Recreation Waste Water 721-Accommodation 722-Food Services and Drinking Places 8129-Other Personal Services 8 I 2 1-Personal Care Services 531 12-Lessors of Nonresidential Buildings 45 3 -Miscellaneous Store Retailers 713-Amusement, Gambling, and Recreation 2t I 2t 6 J 44 Industries 2213-Water , Sewage and Other Systems Golfx Food Services Waste Water 7 l3-Amusement, Gambling, and Recreation Industries 722-Food Services and Drinking Places 2213-Water, Sewage and Other Systems 7 5 4 Waste Water 2213-Water, Sewage and Other Systems *It should be noted that Security, Shuttle, FaciJities, and Offices positions ate included in these operating components. Given these construction costs and operating jobs, the RIMS II model can be used to estimate direct and indirect construction and indirect employment associated with the project. Page l6 Sunr of Estimated Description Implo.vees Phase 1-Maritime Village Center & Infrastructure Phase 2-Olympic Village Center & Golf Course Phase 1 Total Phase 2Total b:! 109 Phase 3-Golf Course Center & Terraces Phase 3 Total 46 Phase 4-Seaview Villas & Alpine Vistas Phase 4 Total TOTAL 5 5 225 3. Findirgr & Calculations Shown in the chart below are the actual RIMS II Frnal demand and employment multipliers for Jefferson County, $7A. These multipliers are used to estimate employment associated with the ptoject. RIMS II Multipliers (2002/2010) Total Multipliers for Oulput, Earnings, Employment, and Value Added by Detailed Industry effetson WA Buildinp Construction and Construction of Infrasttuctute For the construction sector O{AICS code 230000) the final demand multiplier is 9.7481 and the employment muluplier is 1.51,47. The final demand multiplier is used to determine the total numbet of iobs produced based on the expenditures fot construction of the project's buildings. This figure is $179.609 milhon (in 2010 dollars). Therefore therewouldbe $179.609 times 9.7481,or7,750.825 jobs supported by this project, including ditect and rnditect jobs for all four phases. Tables 3-1 and 3-4 show the combined economic impact of the project's building and infrastructure consftuction expenditures, by phase, for the 20 major industrial classifications in the RIMS II input/output model. Page l7 Multiplier Final Demand Direct Effect Industry Output (dollars) Eamings (dollats) Employment (jobs) Value- added (dollars) Earnings (dollars) Employment (jobs) lVater, Sewage, and Othet Systems (221300)1.3818 7.0101 0.8864 1.4796 1.6666 Construction (230000)1.4324 0.4448 9.7481 0.757 1.3304 1.5147 Retail Trade (4A0000)1.3464 0.3986 13.9498 0.8737 1.2609 1.2553 Real Estate (531000)1.2115 0.183 74.2139 1.3823 7.7363 Amusement and Recreation Industries (713800)1.3790 0.4170 25.6376 0.8563 1.2881 1.1400 Hotels, Nlotels and Other Accommodations (721A00)1.3920 0.3159 13.4716 0.8141 1.5268 1.3275 Food Services and Drinking Places (722000)1.3993 0.41.69 79.6494 0.7622 1.3132 1.1907 1.2770 1.3369Personal Care Services (812100)1.4149 0.4758 13.6848 0.9095 5.2349 0.7251 1.4955 1.7028Other Personal Services (812e00)1.2447 0.1967 0.3283 0.9235 Industry group Agricu lture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ t 49,351 164,902 460,491 155,394 236,420 222,034 gg,g50 119,927 226,087 306,159 286,070 158,323 272,727 66,047 56,106 109,043 42,345 94,388 60,755 134,534 Earnings/Employee $ 32,468 34,796 82,474 5 1,953 44,549 64,407 28,030 44,753 54,348 63,406 11,609 61,952 90,909 25,900 1 9,1 52 45,745 14,659 26,786 lg,33l 39,195 7,792 Employment 0.630 2.703 1.190 264.410 10.465 2.413 41.873 2,650 1.881 2.257 9.864 6.535 0.045 3.963 2.478 15.377 2.511 3.206 13328 7.721 3.149 Total 398.650 $146,963 $45,630 Table 3-1 shows an estimated 398.650 employees will be created by construction activities in Phase 1 of the project. Output per new worker for the construction sector would be about $155,394, with ^yer^ge annual earnings of about $51,953. For all new workers, the corresponding figutes ate ffl46,963 and $45,630. Page l8 Table 3-1. Output and Earnings Per New Worker for Construction Expenditures- Phase I Industry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuU Employee $ 149,351 164,902 460,481 155,394 236,420 222,034 89,950 118,827 226,087 306,159 286,070 159,323 272,727 66,047 56,106 109,043 42,345 94,388 60,755 134,534 146,963 $ EarningslEmployee s 32,468 34,796 92,474 51,953 44,549 64,407 29,030 44,753 54,349 63,406 I1,609 61,952 90,909 25,800 lg,l52 45,745 14,659 26,786 19,331 39,195 7,792 Employment 0.457 1.960 0.863 191.762 7.590 l.750 30.368 1.922 1.364 1.637 7.154 4.740 0.033 2.874 r.797 I 1.152 1.821 2.325 9.666 5.600 2.284 289.118 S 45,630 Table 3-2 shows an estimate d 289 .1,1 8 employees wiII be cteated by construction activities in Phase 2 of the project. Output and earnings per employee data for construction and total employees will be the same as in Phase 1. Page l9 Table 3-2. Output and Earnings Per New Worker for Construction Expenditures- Phase 2 Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 149,351 164,902 460,481 155,394 236,420 222,034 89,950 llg,g27 226,097 306, I 59 296,070 159,323 272,727 66,047 56,106 109,043 42,345 94,3 gg 60,755 134,534 146,963 $ Earnings/Employee $ 32,468 34,796 82,474 51,953 44,549 64,407 28,030 44,753 54,348 63,406 I 1,609 61,952 90,909 25,800 1 9,1 52 45,745 14,659 26,786 19,33 1 39,195 7,792 45,630 Employment 0.541 2.323 t.023 227.245 8.994 2.074 35.987 2.278 1.617 L940 8.478 5.617 0.039 3.406 2.130 t3.215 2.158 2.756 I 1.455 6.636 2.706 342.6t6 $ Table 3-3 shows an estimated 342,61,6 employees will be cteated by construction activities in Phase 3 of the project. Page 110 Table 3-3. Output and Earnings Per New Worker for Construction Expenditures- Phase 3 Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 149,351 164,902 460,481 155,394 236,420 222,034 gg,g50 1lg,g27 226,097 306, I 59 286,070 159,323 111 7)'7 66,047 56,106 109,043 42,345 94,3 88 60,755 134,534 146,963 S Earnings/Employee $ 32,468 34,796 82,474 51,953 44,549 64,407 29,030 44,753 54,349 63,406 1 1,609 61,952 90,909 25,800 lg,l52 45,745 14,658 26,786 19,331 39,195 7,792 45,630 Employment 1.138 4.885 2.151 477.843 18.913 4.360 75.673 4.789 3.400 4.080 17.826 I1.810 0.081 7.t62 4.479 27.789 4.538 5.794 24.086 t3.954 5.691 720.442 $ Table 3-4 shows an estimated720.442 employees will be created by construction activities in Phase 4 of the project. Page 111 Table 3-4. Output and Earnings Per New Worker for Construction Expenditures- Phase 4 Operations-Phase 1 Phase 1 of project operations rncludes Food Services, Marina and Fun Center (Amusement/Recreation), Hotel Suites, and Retail employees. Tables 3-5 through 3-8 show the economic impact of employees of project's Phase 1 for the 20 major industrial classifications in the RIMS II input/output model. Industry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OutpuU Employee $ 154,519 l57,g95 464,630 155,925 224,935 223,009 90,065 1 02,1 30 186,842 311,159 172,175 llg,l4g 2t7,3gt 71,620 55,062 109,1 l2 37,578 94,142 60,597 144,923 EarningslEmployee $ 32,070 52,632 83,601 51,975 37,922 63,717 28,041 54,615 48,684 64,379 10,885 49,645 86,957 25,962 17,762 45,701 13,570 27,197 t9,241 40,694 8,3 l0 Employment 0.027 0.001 0.049 0.038 0.152 0.045 0.424 0.144 0.060 0.037 0.398 0,056 0.004 0.088 0.044 0.276 0.075 0.075 13.298 0.132 0.057 Total 15.479 $71,208 $21,222 Page 112 Table 3-5. Output and Earnings Per New Worker for Phase 1- Food Services Employees Table 3-5 shows that there will be a total of 75.479 new jobs created from the operation of the food and beverage portion of the project. Output per new worker for the Food Services and Drinking Places sector would be about $60,597, with average annual earmngs of about $79,241. Fot all new workers, the corresponding figures are $7 7,208 and $27,222. Table 3-6 shows that there will be a total of 47.880 new jobs created ftom the operation of the maina and fun center portion of the project. Output per new worker for the Arts, Entertainment, Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households OutpuU Employee $ 173,077 166,667 463,902 155,870 1 78,1 56 221,918 89,945 l07,g7g 186,016 3ll,lll 160,434 124,402 225,806 67,394 57,823 109,049 44,401 94,545 60,695 152,290 Earnings/Xmployee $ 33,654 55,556 84,485 52,632 39,504 63,014 29,093 47,273 47,493 64,815 ll,02g 51,435 96,774 26,048 l8,l4l 45,675 14,3 g I 26,667 lg,25l 41,047 8,310 Employment 0.039 0.003 0.122 0.092 0.241 0.068 0.951 0.1 54 0.142 0.10 1 1,084 0.1 56 0.006 0.330 0.1 65 0.654 42.272 0.1 54 0.698 0.314 0.135 Total 47.880 $53,788 $16,273 Page 113 Table 3-6. Output and Earnings Per New Worker for Phase 1- Amusement and Recreation Employees andRecteationsectorwouldbeaboutfi44,40l,,withaverageannualeamingsofabout$14,381. For all new workers, the coresponding figures are $53,788 and$1.6,273. Table 3-7 shows that there will be a total of 6.637 new jobs created ftom the operation of the hotel suites portion of the project. Output per new wotket for the Accommodation sector would be about $98,941, with average annual earnings of about $20,547. For all new workers, the corresponding figutes arc $103,777 and $23,577 . Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuU Employee $ 143,939 166,667 463,964 154,967 193,344 220,930 89,863 99,738 204,679 313,063 172,737 122,475 236,842 71,928 55,172 109,275 42,882 gg,94l 60,586 I 57,509 Earnings/Employee $ 30,303 55,556 94,459 5I,gg1 41,204 65,891 27,914 57,743 51,170 65,3 l5 10,926 50,505 105,263 25,475 l g,3g l 45,913 15,437 20,547 19,17 4 43,346 7,313 Employment 0.007 0.001 0.044 0.045 0.062 0.013 0.202 0.1 70 0.034 0.422 0.1 90 0.039 0.002 0.099 0.022 0.t32 0.029 s.046 0.372 0.081 0.027 6.637 S 103,777 S 23,577 Page l14 rable 3-7. output ii*.1ffii:f',ff;ffililorker for Phase 1- Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ 136,585 166,667 464,602 155,963 171 ,888 223,404 89,991 104,781 182,123 311,448 166,764 113,699 222,222 63,895 56,426 109,1 18 42,789 94,637 60,502 142,290 EarningslEmployee $ 34,146 84,071 52,752 38,950 63,830 28,000 48,461 48,045 63,973 10,910 47,945 I I l,l l l 25,404 18,809 45,740 14,263 26,814 19,122 39,709 7,246 Employment 0.009 0.001 0.020 0.020 0,0s3 0.017 5.2r9 0.069 0.040 0.027 0.231 0.033 0.001 0.058 0.029 0.151 0.028 0.029 0.144 0.068 0.031 Total 6.276 $96,518 $28,560 Table 3-8 shows that there will be a total of 6.276 new jobs created ftom the operation of the food and beverage store portion of the project. Output per new worket for the Retail trade sectot would be about $89,991, with avetage annual earnings of about $28,000. For all new wotkers, the cortesponding figures are $96,518 and $28,560. Page 115 Table 3-8. Output and Earnings Per New Worker for Phase l- Food and Beverage Store Emplovees Operations-Phase 2 Phase 2 of project opetations includes Hotel Suites, Food Services, \,)Tedding Chapel, Convention Centet, Spa, Gift Shop, Waste \Water Management, and Recreation employees. Tables 3-9 through 3-16 show the economic impact of employees of project's Phase 2 for the 20 major industrial classifications in the RIMS II input/output model. Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ 143,939 t66,667 463,964 154,867 193,344 220,930 89,863 99,738 204,678 313,063 172,737 122,475 236,842 7l,g2g 55,172 109,275 42,992 98,941 60,586 I 57,509 Earnings/Employee $ 30,303 55,556 94,459 5 I ,991 41,204 65,891 27,914 57,743 51,170 65,3 15 10,926 50,505 105,263 25,475 I 8,391 45,813 15,437 20,547 19,17 4 43,346 7,313 Employment 0.057 0.008 0.3 87 0.394 0.550 0.112 1.779 1.493 0.298 0.193 1.674 0.345 0.017 0.872 0.1 89 1.160 0.254 44.405 3.271 0.713 0.238 58.410 $103,777 $23,577 Page 116 Table 3-9. Output l1d lT".ings Per New Worker for Phase 2- Hotel Suites Employees Total Table 3-9 shows that there will be a total of 58.410 new jobs cteated from the operation of the hotel suites pottion of the project. Ouput per new wotket for the Accommodation sector would be about $98,941, with average annual earnings of about fi20,547. For all new workers, the corresponding frgues arc fi703,777 and $23,577 . Table 3-10 shows that there will be a total of 25.005 new jobs created ftom the operation of the food services portion of the project. Output per new worker fot the Food Services and Drinking Page 117 Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee s I 54,519 157,895 464,630 155,925 224,935 223,009 90,065 1 02,1 30 186,842 3l l,l5g 172,175 | 19,149 217,391 71,620 55,062 109,112 37,578 94,142 60,597 144,923 Employment 0.044 0.002 0.079 0.061 0.245 0.072 0.685 0.233 0.097 0.059 0.643 0.090 0.006 0.142 0.012 0.446 0.122 0.122 21.481 0.213 0.092 Earnings/Employee $ 32,070 52,632 83,601 51 ,97 5 31,922 63,717 28,041 54,615 49,694 64,378 10,885 49,645 86,957 25,962 17,762 45,701 13,570 27,197 19,241 40,694 8,3 l0 25.005 S 71,208 $21,222 Table 3-10. Output and Earnings Per New Worker for Phase 2- Food Services Employees Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing lnformation Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 157,895 142,857 461,187 155,797 151,869 223,684 89,888 102,977 208,743 325,688 130,415 l19,24l 272,727 53,270 56, I 80 108,827 49,528 g3,g0g 60,458 319,509 Earnings/Employee $ 35,088 82,192 50,725 39,720 65,789 27,896 47,466 49,1 80 66,514 10,772 50, I 36 90,909 24,949 18,727 45,345 16,509 26,266 19,015 42,733 8,824 Employment 0.002 0.000 0.007 0.009 0.042 0.007 0.084 0.040 0.030 0.014 0.142 0.024 0.000 0.096 0.009 0.054 0.014 0.017 0.067 L033 0.01I 1.703 s 237,77 4 $37,518 Places sector would be about $60,597, with average annual earnings of about $79,24t. For all new wotkets, the coresponding figutes are $7 7,208 and $21,,222. Table 3-11 shows that there will be a total of. 1.703 new jobs created from the operation of the weddrng chapel portion of the project. Output per new worker for the Other Services sector would be about $319,509, with avetage annual earnings of about fi42,733. For all new workers, the corresponding figures are fi237 ,77 4 and $37,518. Page 118 rabre 3-11' o"nln1#,#ffif:,H};;.X"uer ror Phase 2- Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee s 158,730 I 97,500 466,951 155,531 206,t40 222,222 89,923 107,570 226,601 326,964 81,548 136,465 142,957 87,459 56,452 109,304 43,321 95,339 60,571 154,062 Earnings/Employee s 31,746 62,500 85,288 51,479 39,474 64,815 28,016 43,925 54,187 67,941 10,593 58,1 66 142,857 28,603 20,161 45,543 14,440 27,542 19,429 42,017 6,309 Employment 0.003 0.001 0.022 0.044 0.01I 0.005 0.1 06 0.012 0.010 0.023 6.217 0.021 0,000 0.087 0.012 0.074 0.013 0.023 0.084 0.034 0.015 Total 6.818 S 85,248 $12,889 Table 3-12 shows that there will be a total of 6.818 new jobs created ftom the operation of the convention center portion of the project. Output per new worker for the Real Estate and Rental sector would be about $81,548, with average annual earnings of about $10,593. For all new workers, the corresponding figures ate $85,248 and $12,889. Page 119 Table 3-12. Output and Earnings Per New Worker for Phase 2- Convention Center Emnlovees Industry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total OutpuU Employee $ 147,287 142,957 459,954 155,702 199,030 222,974 89,951 106,027 tg6,g37 312,500 163,077 I lg,lg6 250,000 73,615 55,300 109,027 42,151 94,704 60,599 98,577 Employment 0.026 0.003 0.n2 0.094 0.208 0.070 t.343 0.1 84 0.1 82 0.t l8 L315 0.141 0.00s 0.281 0.1 34 0.820 0.141 0.181 0.836 2t.7tt 0.169 Earnings/Employee s 3 1,008 71,429 83,942 52,632 40,394 64,516 27,947 47,991 48,423 64,236 10,924 47,965 83,333 27,697 19,433 45,761 14,535 27,211 19,136 36,456 7,282 28.075 $103,384 $34,768 Table 3-13 shows that there willbe atotalof 28.075 new jobs cteated from the operation of the spa portion of the project. Output per new worker for the Other Services sector would be about $98,577, with avetage annual earnings of about $36,456. For all new workets, the corresponding figures are $103,384 andfi34,768. Page 120 Table 3-13. Output and Earnings Per New Worker for Phase 2- Spa Emrlloyees Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ 136,5 85 166,667 464,602 155,963 I 7l ,888 223,404 g9,gg1 104,781 182,123 311,448 166,764 113,699 ))') ))) 63,895 56,426 109,1 l8 42,789 94,637 60,502 142,290 Earnings/Xmployee $ 34,146 84,071 52,752 38,950 63,830 28,000 48,461 48,045 63,973 10,910 47,945 lll,lll 25,404 18,809 45,740 14,263 26,814 19,122 39,709 7,246 Employment 0.006 0.000 0.012 0.012 0.032 0.010 3.132 0.041 0.024 0.016 0.1 39 0.020 0.000 0.035 0.017 0.090 0.017 0,017 0.086 0.041 0.0r9 Total 3.766 $96,518 $28,560 Table 3-14 shows that there will be a total of 3.766 new jobs created from the operation of the gift shop poruon of the project. Output per new wotker for the Retail trade sector would be about $89,991, with average annual earnings of about $28,000. For all new workers, the cottesponding figures are $96,518 and $28,560. P age l2l rabre 3-r4' output tlrffiilTlti:il:x worker ror Phase 2- Industry group Agriculture, forestry, fi shing Mining Utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 173,077 166,667 463,902 I 55,970 l7g,l56 221,9t8 89,945 l07,g7g 186,016 3ll,lll t60,434 124,402 225,906 67,384 5',1,823 109,049 44,401 94,545 60,695 152,290 Employment 0.010 0.001 0.032 0.024 0,063 0.0r8 0.249 0.040 0.037 0.026 0.284 0.041 0.002 0.086 0.043 0. l7l I1.071 0.040 0.1 83 0.082 0.035 Earnings/Employee $ 33,654 55,556 84,485 52,632 39,504 63,014 29,093 47,273 47,493 64,815 11,029 51,435 96,774 26,048 l8,l4l 45,675 14,3 g I 26,667 19,251 41,047 8,310 12.s40 $53,788 $16,273 Table 3-15 shows that there will be a total of 12.540 new jobs created from the operation of the recreation portion of the project. Output per new wotker for the Arts, Entertainment, and Recreation sector would be about $44,401,, with average annual earnings of about $14,381. For all new workers, the corresponding figures are $53,788 and$16,273. P age 122 Table 3-15. Output and Earnings Per New Worker for Phase 2- Recreation Employees Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientifi c, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Bmployee $ 144,444 173,469 238,964 155,347 216,514 ))) ))") 89,986 107,200 240,854 307,255 252,166 139,423 200,000 71,809 56,433 I 09,1 83 43, I 03 95, I 56 60,730 I 40,5 l4 Earnings/Employee $ 33,333 35,714 52,914 51,991 42,202 65,134 27,966 51,200 57,927 64,011 11,265 53,285 26,596 18,059 45,553 15,086 27,682 19,286 39,230 7,042 Employment 0.004 0.009 2.01I 0.305 0.026 0.012 0.211 0.030 0,016 0.033 0.1l0 0.1 19 0.000 0.036 0.021 0.132 0.022 0.027 0.1l6 0.067 0.027 Total 3.333 $t97,tt6 $46,832 Table 3-16 shows that there will be a total of 3.333 new jobs created ftom the operation of the waste watef portion of the project. Output pef new worker for the Utilities sector would be about $238,964, with average annual eamings of about $52,974. For all newwotkets, the corresponding figures arc ff797,776 and fi46,832. P age 123 rable 3-16. output an3.3;;il:;H,Hlilorker for Phase 2- Operations-Phase 3 Phase 3 of project opetations includes Golf (Amusements/Recreation), Food Services, and !7aste lWater employees. Tables 3-17 through 3-19 show the economic impact of employees of project's Phase 3 for the 20 malor industrial classifications in the RIMS II input/output model. Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 173,077 166,667 463,902 155,970 179,156 22l,gtg 89,945 l07,g7g 186,016 3ll,lll 160,434 124,402 225,906 67,384 57,823 109,049 44,401 94,545 60,695 152,290 Earnings/Employee $ 33,6s4 55,556 84,485 52,632 39,504 63,014 29,093 47,273 47,493 64,815 11,029 51,435 96,774 26,048 l8,l4l 45,675 14,381 26,667 19,251 41,047 8,310 Employment 0.034 0.003 0.1 07 0.081 0.212 0.060 0.838 0.1 36 0.125 0.089 0.955 0.1 38 0.005 0.291 0.145 0.576 37.239 0.136 0.615 0.277 0.1l9 42.180 $53,788 $16,273 P age 124 Table 3-17. Output und.Illyngs,Per New Worker for Phase 3- Golf Employees Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retailtrade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Total Output/ Employee $ 154,519 157,895 464,630 155,925 224,935 223,009 90,065 102,130 t86,842 3 I 1,159 172,175 119,149 2l7,3gl 71,620 55,062 l09,l12 37,579 94,142 60,597 144,823 Earnings/Employee $ 32,070 52,632 83,601 51 ,97 5 71 q)') 63,717 28,041 54,615 48,684 64,378 l0,gg5 49,645 96,957 25,962 17,762 45,701 13,570 27,197 19,241 40,694 8,3 l0 Employment 0.010 0.001 0.019 0.015 0.058 0.017 0.1 63 0.055 0.023 0.014 0.1 53 0.021 0.001 0.034 0.017 0.106 0.029 0.029 5.1 15 0.051 0.022 5.954 $71,208 $2L,222 Table 3-17 shows that there will be a total of 42.180 new jobs created from the opetation of the golf portion of the project. Output per new worker for the Arts, Entettainment, and Recreation sector would be about fi44,407, with avetage annual earnings of about $14,381. For all new workers, the corresponding frgutes are $ 53,7 88 and $1, 6,27 3. Table 3-18 shows that there will be a total of 5.954 new jobs created from the operation of the food services portion of the project. Output per new worker for the Food Services and Drinking Places Page 125 Table 3-18. Output and Earnings Per New Worker for Phase 3- Food Services Emnlovees Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ 144,444 173,469 238,964 t55,347 216,514 11) 11'' -LLrL-- 89,986 107,200 240,954 307,255 252,166 139,423 200,000 71,809 56,433 109,1 83 43, I 03 95,156 60,730 140,514 EarningslEmployee s 33,333 35,774 52,914 51,991 42,202 65,134 27,966 51,200 57,927 64,01I 11,265 53,285 Employment 0.009 0.019 4.022 0.609 0.052 0.025 0,422 0.059 0.031 0.067 0.219 0.237 0.000 0.072 0.042 0.263 0.044 0.055 0.232 0.1 33 0.054 26,596 18,059 45,553 15,086 27,682 19,286 39,230 7,042 Total 6.666 $t97,tt6 $46,832 sector would be about $60,597, with average annual earnings of about $79,241.. For all new workers, the corresponding figures are fi71.,208 and fi21,222. Table 3-19 shows that there will be a total of 6.666 new jobs created from the operation of the waste water portion of the project. Output per new worker for the Utilities sector would be about fi238,964, with average annual earnings of about fi52,974. For all new workers, the coresponding figures are $197,176 and$46,832. P age 126 Table 3-19. Output and Earnings Per New Worker for Phase 3- Waste Water Employees Operations-Phase 4 Phase 4 of project operations includes Waste $7ater employees. Table 3-20 shows the economic impact of employees of project's Phase 4 for the 20 malor industrial classifications in the RIMS II input/output model. Table 3-20 shows that there will be a total of 8.333 new jobs created from the operation of the waste water portion of the project. Output per new wotker for the Utilities sector would be about fi238,964, with average annual earnings of about $52,914. For all new workets, the conesponding figures arc $797,776 and $46,832. Industry group Agriculture, forestry, fi shing Mining utilities Construction Manufacturing Wholesale trade Retail trade Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional, scientific, services Management of companies Administrative and waste management Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation Food services and drinking places Other services Households Output/ Employee $ 144,444 113,469 238,964 155,347 216,514 ))) ))) 89,986 107,200 240,954 307,255 252,166 139,423 200,000 71,809 56,433 1 09,1 83 43,103 95,156 60,730 140,514 Earnings/Xmployee s 33,333 35,714 52,914 5 I ,991 42,202 65,134 27,966 51,200 57,927 64,01 I 11,265 53,285 26,596 18,059 45,553 15,086 27,682 19,286 39,230 7,042 Employment 0.01I 0.023 5,028 0.761 0.065 0,031 0.s27 0.074 0.039 0.084 0.274 0.297 0.001 0.089 0.053 0329 0.055 0.069 0.290 0.167 0.068 Total 8.333 $197,116 $46,832 P age 127 Table 3-20. Output and Earnings Per New Worker for Phase 4- Waste Water Employees 4. Conclusion The purpose of the analysis is to estimate the number of direct and indirect jobs associated with the MPR project and determrne aver^ge wages cortesponding to these jobs. Given these estimates, as summadzed above, the analysis can determine the number of jobs associated with the project that will earn ^n^vera.ge wage of 80o/o or less of the Brinnon ^re average median income (AM!. The Brinnon area median income is estimated at $42,6792 and 80o/o of this AMI amount is estimated at fi34,743. Construction An estimated 342 construction-related jobs will have average earnings of 80% or less of the Brinnon area AMI. This includes direct and indrect jobs associated with the MPR ptoject construction and is summarized below, by phase, with avetage wages for each industry group. Consuuction: Total Direct and Inditect obs at ot Below the Brinnon Area AMI Onerations - An estimated 223 operations-related iobs will have average earnings of B0o/o or less of the Bdnnon area AML This includes direct and indirect jobs associated with the MPR ptoject operation and is summarized below, by phase, with average wages for each industry group. 2 U.S. Census Bureau, 2008-2012 American Community Survey. "Selected Economic Characteristics." Data for Brinnon, Washington. Retail trade Real estate and rental and leasing Administrative and waste management Educational services Arts, entertainment, and recreation Accommodation Food services and drinking $ 32,468 28,030 I 1,609 25,800 1 8,1 52 14,658 26,786 l g,33l 0.630 41.873 9.864 3.963 2.478 2.5n 3,206 13.328 0.457 30.368 7.154 2.874 1.797 L821 2,325 9.666 0.541 35.987 8.478 3.406 2.130 2.158 2.756 I 1.455 1.13 8 75.673 t7.826 7.162 4.479 4.538 5.794 24.086 2.766 I 83.901 43.322 17.404 10.884 l 1.028 Agriculture, forestry, fi shing 14.081 s8.s34 Page 128 # of Employees with Earnings Below Brinnon Area AMI Industry group Earnings/ Employee Phase 1 Phase 2 Phase 3 Phase 4 Total 77.853 56.462 66.910 140.696 34t.921TOTAL tions: Total Direct and Indirect obs at or Below the Brinnon Atea AMI Agriculture, forestry, fi shing Retail trade Real estate and rental and leasing Administrative and waste management Educational services Arts, entertainment, and recreation Accommodation Food services and drinking places Phase I Total 0.082 $ 6.797 L903 0.s75 0.259 42.404 5.304 14.512 71.836 32,917 28,012 10,974 25,870 18,171 14,380 20,853 19,239 Agriculture, forestry, fi shing Retail trade Real estate and rental and leasing Administrative and waste management Educational services Arts, entertainment, and recreation Accommodation Food services and drinking places Phase 2 Total 0.1 52 7.589 10.523 t.636 0.497 1l,654 44.833 26.124 103.008 31,466 27,975 10,730 26,088 18,338 14,401 20,610 19,229 $ Agriculture, forestry, fi shing Retail trade Real estate and rental and leasing Administrative and waste management Educational services Arts, entertainment, and recreation Accommodation Food services and drinking places Phase 3 Total Agriculture, forestry, fi shing Retail trade Real estate and rental and leasing Administrative and waste management Educational services Arts, entertainment, and recreation Accommodation Food services and drinking places Phase 4 Total $ $ 0.053 1.423 1.327 0.396 0.204 37.312 0.220 5.962 46.8g7 33,293 28,044 I 1,05 I 26,139 18,092 14,381 26,991 19,244 0.01I 0.527 0.274 0.089 0.0s3 0.055 0.069 0.290 1.368 33,333 27,966 11,265 26,596 18,059 15,086 27,682 19,286 P age 129 Earnings/ f,mployee# of EmployeesIndu$try,:gf$up Phase 1-Maritime Village Center & Infrastructure Course Phase 3-Golf Course Center & Terraces Phase 4-Seaview Villas & Alpine Vistas Total 223.t09 5. About RIMS II Final Demand Methodology The following material has been condensed from the RIMS II User Handbook Introduction and General Comments Effecuve planning for public- and private-sector pro;ects and programs at the State and local levels requires a systematic analysis of the economic impacts of these projects and ptogtams on affected regions. In turn, systematic analysis of economic impacts must account for the inter-industry relationships within regions because these relationships largely determrne how regional economies are likely to respond to project and program changes. Thus, regional input-output (I-O) multipliers, which account for inter-industry relationships within tegions, are useful tools for conducting regional economic impact analysis. In the 1970s, the Bureau of Economic Analysis (BEA) developed a method for estimating regional I-O multipliers known as RIMS (X.egional Industrial Multiplier System), which was based on the work of Garnick and Drake. In the 1980s, BEA completed an enhancement of RIMS, known as RIMS II (R.egional Input-Output Modehng System), and published a handbook for RIMS II users. In "1992, BEA published a second edition of the handbook in which the multipliers were based on more recent data and improved methodology. In 7997, BEA published a thitd edition of the handbook that provides more detail on the use of the multipliers and the data sources and methods for estimating them. RIMS II is based on an accounting framework called an I-O table. Fot each industry, an I-O table shows the industrial distribution of inputs purchased and outputs sold. A typical I-O table in RIMS II is derived mainly from rwo data soutces: BEA's national I-O table, which shows the input and output structure of neatly 500 U.S. industries, and BEA's tegional economic accounts, which are used to adjust the national I-O table to show a region's industrial structure and trading patterns. Using RIMS II for impact analysis has several advantages. RIMS II mulapliers can be estimated for any region composed of one or more counties and for any industry, ot group of industdes, in the national I-O table. The accessibility of the main data sources for RIMS II keeps the cost of estimating regional multipliers relauvely low. Empirical tests show that estimates based on telatively expensive surveys and RIMS Il-based estimates are similar in magnitude. BEA's RIMS multipliers can be a cost-effective way for analysts to estimate the economic impacts of changes in a tegional economy. However, it is important to keep in mind that, like all economic impact models, RIMS provides approximate order-of-magnitude estimates of impacts. RIMS multipliets ate best suited fot estimating the impacts of small changes on a regional economy. For some applications, users may want to supplement RIMS estimates with information they gather ftom the region undergoing the potential change. To use the multipliets for impact analysis effectively, users must provide geographically and industrially detailed information on the initial changes in output, earnings, or employment that are associated with the proiect or program under study. The multipliers can then be used to estimate the total impact of the project or program on regional output, eatnings, and employment. Page 130 RIMS II is widely used in both the public and pdvate sector. In the public sectot, for example, the Department of Defense uses RIMS II to estimate the regional impacts of military base closings. State transpottation departments use RIMS II to estimate the regional impacts of airport construction and expansion. In the private-sectot, analysts and consultants use RIMS II to estimate the regronal impacts of a vaiety of projects, such as the development of shopping malls and sports stadiums. RIMS II Methodology RIMS II uses BEA's benchmark and annual I-O tables for the nation. Since a paticular region may not contain all the industries found at the national level, some direct input requirements cannot be supplied by that tegion's industries. Input requirements that are not produced in a study region are identified using BEA's regional economic accounts. The RIMS II method for estimaung tegional I-O multipliers can be viewed as a three-step process. In the first step, the producer portion of the national I-O table is made region-speciFrc by using six- digrt NAICS location quotients GaO. The LQs estimate the extent to which input requirements are supplied by fltms within the region. RIMS II uses LQs based on two types of data: BEA's personal income data (by place of residence) are used to calculate LQs rn the service industries; and BEA's wage-and-salary data (by place of work) are used to calculate LQs in the non-service industries. In the second step, the household row and the household column from the national I-O table are made region-specific. The household row coefficients, which are derived from the value-added row of the national I-O table, ate adjusted to reflect tegional earnings leakages tesulting ftom individuals working in the region but residing outside the region. The household column coefficients, which are based on the personal consumption expenditure column of the national I-O table, are adiusted to account for regional consumpuon leakages stemming ftom personal taxes and savings. In the last step, the Leontief inversion approach is used to estimate multipliers. This inversion approach produces output, earnings, and employment multipliers, which can be used to trace the impacts of changes in final demand on and indirecdy affected industries. Accuracy of RIMS II Empirical evidence suggests that RIMS II commonly yields multiphers that are not substantially different in magnitude from those generated by regional I-O models based on relatively expensive surveys. For example, a comparison of 224 rndustry-specific multipliers from survey-based tables for Colorado, lTashington, and West Virginia indrcates that the RIMS II aver^ge multipliers ovetestimate the average multipliers from the survey-based tables by approximately 5 percent. For the majodty of individual industry-specific multipliers within these states, the drfference between RIMS II and suwey-based multipliers is less than 10 percent. In addruon, RIMS II and survey multipliers show statistically sirnilar distributions of affected industries. Advantages of RIMS II There are numerous advantages to using RIMS IL First, the accessibility of the main data sources makes it possible to estimate tegional multipliers without conducting relatively expensive suryeys. Second, the level of industrial detail used rn RIMS II helps avoid aggregation errors, which often occur when industries are combined. Third, RIMS II multipliers can be compared actoss ateas because they are based on a consistent set of estimating procedures nationwide. Fourth, RIMS II Page 131 multipliers ate updated to reflect the most recent local-area wage-and-s alary and personal income datz. Overview of Different Multipliets RIMS II ptovides users with five t,?es of multipliers: final demand multipliers for output, for earnings, and for employment; and direct-effect multipliers for earnings and fot employment. These multipliers measure the economic impact of a change in final demand, in eamings, or in employment on a region's economy. The final demand multipliers for output are the basic mulupliers ftom which all other RIMS II multipliets are derived. In this table, each column entry indicates the change in ouput in each row industry that results from a $1 change in final demand in the column industry. The impact on each row industry is calculated by multiply-g th. final demand change in the column industry by the multipliet for each row. The total impact on regional output is calculated by multiplying the final demand change in the column industry by the sum of all the mulupliers for each row except the household row. RIMS II provides two tfpes of multipliers for estrmatlng the impacts of changes on earnings: final demand multipliers and direct effect multipliers. These multipliers are derived from the table of final demand output multipliers. The final demand multipliers for earnings can be used if data on final demand changes are avatTable. In the Frnal demand earnings multiplier table, each column entry indicates the change in earnings in each row industry that results from a $1 change in final demand in the column industry. The impact on each row industry is calculated by multiplying the final demand change in the column industry by the multipliers for each row. The total impact on regional earnings is calculated by multiplying the final demand change rn the column indusry by the sum of the multipliets fot each tow. Employment Multipliers RIMS II provides two types of multipliers for estimating the impacts of changes on employment: final demand multipliers and direct effect multipliers. These multipliers are dedved from the table of final demand output multipliers. The final demand multipliets for employment can be used if the data on final demand changes are available. In the final demand employment multipliet table, each column entry indicates the change in employment in each row industry that tesults from a $1 million change in frnal demand in the column industry. The impact on each row industry is calculated by multiplying the final demand change in the column industry by the multipher for each row. The total impact on regional employment is calculated by multiplying the final demand change in the column industry by the sum of the multipliers for each row. The direct effect multipliers for employment can be used if the data on the initial changes in employment by industry are ava:lable, In the direct effect employment multiplier table, each entry indicates the total change in employment in the region that results from a change of one iob in the row industry. The total impact on regional employment is calculated by multiplying the initial change in employment in the row industry by the multiplier for the row. Page 132 Choosing a Multiplier The choice of multiplier for estimating the impact of a ptoject on output, earnings, and employment depends on the availability of estimates of the initial changes in frnal demand, earnings, and employment. If the estimates of the initial changes in all thtee measures are avatlable, the RIMS II user can select any of the RIMS II multipliers. In theory, all the rmpact estimates should be consistent. If the available estimates are limited to initial changes in final demand, the user can select a final demand multiplier for impact estimation. If the available estimates are limited to initial changes in earnings or employment, the user can select a direct effect multrplier. The EB-5 regulations provide that "jobs created indi"ecdy" by a regional center- affiliated business may be credited to foreign investors who made a qualifying investment in the business. To show this job cteadon, "reasonable" methodologies may be used. 8 CFRS204.6(-X7). The RIMS II input/output model has been tecognized by the USCIS as an acceptable methodology for showing job cteauon resulting from a regional centet- affiliated investment project. Page 133 Michelle Farfan From: Sent: IO: Cc: Subject: Attachments: David W. Joh nson < djohnson@co jefferson.wa.us > Monday, October 20,20L41:05 PM JT Cooke peckassoc@comcast,neU David W. Johnson; Schipanski, Rich; Hollinger, Kristy; Garth Mann RE: Pleasant Harbor MPR image00l-jpg JT, We are getting ready to release the Draft SEIS and need to final Draft of the DA & DRs. Did you do anything subsequent to this regarding incorporating our proposed changes? Thanks ! From: JT Cooke [mailto:jt@houlihan-law.com] Sent:Tuesday, May 20,2014 4:50 PM To: David W. Johnson Cc: peckassoc@comcast.net Subject: RE: Pleasant Harbor MPR Thanks, David. I will take a look and get back to you. JT [Signature JT] NOTICE:This communication may contain privileged or other confidential information. lf you have received it in error, please advise the sender by reply email and immediately delete the message and any attachments without copying or disclosing the contents. Thank you. From : David W. Joh nson Imailto:djohnson @co.jefferson.wa. us] Sent: Tuesday, May 20,2O!4 4:40 PM To: JT Cooke Cc: peckassoc@comcast.net<mailto:peckassoc@comcast.net>; David W. Johnson Subject: RE: Pleasant Harbor MPR JT, Here are our proposed revisions and comments, Please review and provide a revised draft. Thanks! From: JT Cooke Imailto:jt@houlihan-law.com] Sent: Friday, April L1,20t4 8:50 AM To: David W. Johnson Subject: Pleasant Harbor MPR I Hi David- Thanks for your patience-it's been a crazy week. Attached is the draft zoning ordinance and development agreement for the Pleasant Harbor MPR. As I mentioned, we are still finalizing other documents (ie water and sewer plans) which may result in modifications of these documents. That said, I think we are sufficiently far enough along that it makes sense to get the County's input at this stage. Please let me know if you have any questions. Thanks, JT [Signature JT] NOTICE:This communication may contain privileged or other confidential information. lf you have received it in error, please advise the sender by reply email and immediately delete the message and any attachments without copying or disclosing the contents, Thank you, 2