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February 24, 2012

News

McCoy’s estimated economic impact: $1.31 billion

Fort McCoy’s total economic impact for fiscal year (FY) 2011 was an estimated $1.31 billion, down slightly from the $1.375 billion reported for FY 2010. Fort McCoy supported a training population of 134,645 personnel for FY 2011, which ran from Oct. 1, 2010-Sept. 30, 2011.

The training population included reserve- and active-component personnel from throughout the military and troops processing for mobilization/demobilization.

Work force payroll, operating costs and other expenditures were $409.6 million compared to $429.6 million for FY 2010. The number reflects a decrease in sustainment, restoration and modernization and stimulus funding.

The total FY 2011 work force payroll was $197.44 million; operating costs were $198.35 million; and, other expenditures were $13.77 million. The work force payroll broke down to $97.64 million for civilian employees and $99.81 million for military personnel.

Operating costs included utilities, physical plant maintenance, repair and improvements, new construction projects, and purchases of supplies and services.

Salaries for civilian contracted personnel working at McCoy also are included in operating costs.

Other expenditures included $309,227 to local governments (including land permit agreements and school district impact aid, etc.) and $13.46 million Soldier discretionary spending in local communities.

A gross multiplier index (GMI) of 3.2 was used to determine the overall effect of the expenditures in the local economy. The GMI measures the number of times a dollar turns over within a region.

A total of 3,971 personnel worked at Fort McCoy in FY 2011 — 1,443 civilians, 1,267 military and 1,261 contracted employees.

Most personnel — 3,335 (84 percent) — lived within Monroe County. Of the remainder of the work force, 437 personnel (11 percent) commuted from outside Monroe County, but from within Wisconsin, and 199 personnel (5 percent) commuted to Fort McCoy from outside Wisconsin.

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