Fort McCoy's economic impact exceeds $1.3 billion
March 24, 2011
FORT McCOY, Wis. -- The total economic impact of Fort McCoy for fiscal year (FY) 2010 was an estimated $1.375 billion, down slightly from an estimated $1.416 billion for FY 2009. Fort McCoy supported a training population of 111,348 personnel for FY 2010, which ran from Oct. 1, 2009-Sept. 30, 2010. 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 $429.6 million compared to $442.4 million for FY 2009. The decrease is attributed to a reduction in military and contracted personnel.
The total FY 2010 work force payroll was $194.886 million, operating costs were $223.29 million, and other expenditures were $11.413 million. The work force payroll broke down to $96.842 million for civilian employees and $98.044 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 $278,390 to local governments (including land permit agreements and school district impact aid) and $11.13 million Soldier discretionary spending in local communities.
Contracts for FY 2010 totaled $234.9 million, including $25.26 million for construction, services and supplies for West Central Wisconsin.
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 4,014 personnel worked at Fort McCoy in FY 2010 - 1,732 civilians, 1,082 military and 1,200 contracted employees.