NJEDAEconomicImpactModel

NJEDAEconomicImpactModel(2008RIMSData)
CountyNumber
Address
County
OngoingJobs(Direct)
OneTimeJobs(Direct)

AmericanDream
Bergen
10,880
5,810

State&LocalDirectOngoing
SalesTax
CorporateIncomeTax(CBT)
GrossIncomeTax
Misc.StateTaxRevenue
PropertyTax(DefaulttoTotalConstValue*3%)
DirectOngoingAnnualTaxes

ConsumerGoods SelectIndustrySector
$0 @7%
$10,533,333 @9%
$5,664,273 @4%
Input
$750,000 @4%
$16,947,606 a

StateIndirectOngoing
AnnualCorpSpending
FinalDemandOutputMultiplier
IndirectAnnualSpending
At3.5%TaxRate
AnnualPayroll
IndirectEffectEarningsMultiplier
IndirectEarnings
At4%TaxRate
IndirectOngoingAnnualTaxes
TotalStateOngoingNetBenefits
AnnualNetBenefit
CumulativeNetBenefit(20yrsw/3%yearlyinflation)
PresentValue@6%

$1,012,024,145 DirectOutputComposite
1.60x DirectOutputCompositeMultiplier
$603,768,574.02 DirectOutputComposite*(Direct.Mult.1)
$21,131,900 b
$212,410,228 DirectEarningsComposite
1.46x DirectEarningsCompositeMultiplier
$96,884,670.82 DirectEarningsComposite*(Indirect.Mult.1)
$3,875,387 c
$21,131,900 b

$41,954,893 a+b+c
$1,127,343,687
$610,927,545 d

OneTime
ConstructionValue
DirectOneTimeTaxesonSpending
DirectConstructionMultiplier
IndirectOneTimeSpending
SpendingTaxRate
IndOneTimeTaxesonSpending

$778,552,500 @300psf
$54,498,675 CounttototalonlyifprojectisNOTinaUEZzone.
1.66x
$511,275,427
7.0%
$90,287,955

AssumedPortionofConst.onLabor
DirOneTimeEarnings
EarningsTaxRate
DirOneTimeTaxesonEarning

$389,276,250
5% Input
$19,463,813

DirectEffectEarningsMultiplier
IndirectOneTimeEarnings(50%ofConstruction)
EarningsTaxRate
IndOneTimeTaxesonEarnings

1.47x
$184,010,883
5% Input
$9,200,544

TotalOneTimeTaxBenefits

$118,952,312 e

TotalStateBenefits
TotalOneTimeTaxBenefits
TotalStateOngoingBenefits(PV@6%)
TotalBenefits
ImpliedMaximumLoanat110%CoverageRatioBefore
Adjustments

NPVofNetBenefits
TotalBenefits
RAB's
ERG
NetBenefitstoState

50% Input

$118,952,312 e
$610,927,545 d
$729,879,856 d+e
$663,527,142

$729,879,856
$0
$390,000,000
$339,879,856