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1.4 - City-Level Impact
To gain a better understanding of the portion of HSU’s total regional economic impact generated in the City of Arcata, ICF downscaled the regional results based on economy-wide key statistics from the Economic Census.33 HSU is a key driver of economic activity in the City of Arcata as can be seen in Table 4, below, which presents the downscaled results. Based on this conservative estimate, approximately $5.1 million in state and local tax revenue is generated in Arcata and almost $9 million in tax revenue is generated within the city if you include the impact from alumni.
Table 4: City of Arcata Impacts
| Impact Type | Employment | Labor Income ($Millions) |
Industry Activity ($Millions) |
Tax Impact ($Millions) |
|---|---|---|---|---|
| University and Student Spending |
1,060 | $23.2 | $33.1 | $5.1 |
| Total (Including Alumni Impact) |
1,440 | $36.4 | $55.3 | $8.8 |
| Percent of Regional Impact |
23% | 20% | 18% | 23% |
More information on the methodology used to downscale the regional results is included in Appendix D.
- 33 U.S. Census Bureau, American FactFinder. 2012. All Sectors: Geographic Area Series: Economy-Wide Statistics: 2012 (Humboldt County, CA & Arcata, CA)