[ The Real McCoy Online Home

 April 09, 2010

News

McCoy's economic impact exceeds
$1.4 billion for FY 09

The total economic impact of Fort McCoy for fiscal year (FY) 2009 was an estimated $1.416 billion, up from an estimated $1.127 billion for FY 2008.

Fort McCoy supported a training population of 105,736 personnel for FY 2009, which ran from Oct. 1, 2008-Sept. 30, 2009. 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 $442.4 million compared to $352.3 million for FY 2008.
The total FY 2009 work force payroll was $188.96 million, operating costs were $242.55 million, and other expenditures were $10.88 million.

The work force payroll broke down to $85.21 million for civilian employees and $103.75 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 $309,863 to local governments (including land permit agreements and school district impact aid) and $10.57 million Soldier discretionary spending in local communities.

An additional $54.9 million was spent on facility maintenance and repair in FY 2009. 

New construction projects from FY 1990-2009 have totaled $230.1 million.

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

About 4,300 personnel worked at Fort McCoy in FY 2009 — 1,687 civilians, 1,250 military and 1,366 contracted employees.

[ Top of Page ]

[ The Real McCoy Online Home ]