Dalton State’s Regional Economic Impact Exceeds $112 Million

Wednesday, July 10, 2013

Dalton State College remains a significant economic driver for Northwest Georgia, pumping more than $112 million into the regional economy last year and supporting nearly 1,400 jobs, according to a report released Wednesday by the University System of Georgia.


The report, which measures economic impact of the System’s 31 colleges and universities, covers the 2012 fiscal year, July 1, 2011 through June 30, 2012, and was compiled by Dr. Jeffrey Humphreys, director of the Selig Center for Economic Growth of the University of Georgia’s Terry College of Business.


The total economic impact to the Northwest Georgia region was $112,753,350; the number of full and part-time jobs sustained by Dalton State dollars was 1,392.


Initial spending by Dalton State equaled $102,325,096; this spending included salaries and fringe benefits, operating supplies and expenses, and other budgeted expenditures. The remaining $10,428,254 in economic impact was created by re-spending – the multiplier effect of those dollars as they are spent again within the region which includes Whitfield, Murray, Catoosa, Gordon, Walker, and Gilmer counties.


“Despite the region’s high unemployment and struggling economy, Dalton State continues to be a significant economic engine for Northwest Georgia,” said Dr. John O. Schwenn, President.


The first study in the series calculated Dalton State’s impact at $55,142,940 in Fiscal Year 1999. The latest figure represents a nearly $58 million increase since FY99 – or 104 percent growth in the College’s economic impact on the Northwest Georgia region. That gain far outstrips inflation, which was only 38 percent over this same period, Humphreys said.


According to the Selig study, the University System had a $14.1 billion impact on the state’s economy during Fiscal Year 2012. The study found that Georgia’s public university system generated 139,263 full- and part-time jobs; approximately 33 percent of these positions are on campus as USG employees and 67 percent are off-campus positions in either the private or public sectors.


“Of course, our studies focus on spending and economic impact, but do not attempt to measure the value the University System adds in terms of quality of life, the creation of a highly educated workforce to meet the needs of businesses, government, and communities, or the overall health of communities,” Dr. Humphreys said.


Walk At School Event At Red Bank Elementary Friday

Red Bank Elementary students have been participating in walk to school day events.   On Friday, the 5th graders are doing a surprise "flash mob" dance on the last song at 2 p.m.  (click for more)

Tennessee Releases 2014 State Report Card

The 2014 state Report Card­­­­, posted  Thursday  on the Tennessee Department of Education website, offers users the ability to view detailed breakdowns of last year’s student achievement growth and other important data points. The 2014 Report Card features a variety of tabs including growth or value-added data, accountability, and education climate. A College and ... (click for more)

Chickamauga Lock To Reopen As Soon As Next Thursday

The U.S. Army Corps of Engineers Nashville District  plans to reopen Chickamauga Lock to all navigation traffic as early as next Thursday. An inspection of the upper gate anchorage and a repair plan were completed today. Chickamauga Lock closed on Monday after a routine inspection revealed a crack in the anchorage of the upper gate. Lt. Col. John Hudson, commander ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

A Vote For Education Is Critical In Tennessee

In a state where just 28 percent of eighth graders are proficient in math and 33 percent are proficient in reading according to national assessments, education is deserving of more attention in 2014 elections. Across the country, more parents are making informed decisions about their child’s education, but for Volunteer State parents without resources, choices are difficult to come ... (click for more)

Roy Exum: Saban: ‘Ratings Don’t Matter’

When the first College Football Playoff rankings were released earlier this week, Alabama football coach Nick Saban got it right on the button when he shrugged, “I don't even care, to be honest with you." "To me, none of it matters, What does it matter?” he laughed at the Tide’s No. 6 ranking. “I mean, it only matters where you end up at the end. So what matters to us is how ... (click for more)