ERIC Number: ED115344
Record Type: Non-Journal
Publication Date: 1975-Sep-3
Reference Count: N/A
Economic Impact of the Metropolitan Community Colleges on the Kansas City Region. Final Report.
This study assesses the economic impact of the Metropolitan Community Colleges (MCC) on the four-county region of metropolitan Kansas City, Missouri. The total economic impact is composed of a network of interactive cash flows between the colleges, business, government, and individuals, and may be derived by adding three distinct components: direct expenditures, indirect expenditures, and tax income to the counties and schools. For 1974-75, direct expenditures totalled $14,294,490; indirect expenditures totalled $13,865,654; and tax income totalled $1,860,509. Thus, the total impact was $30,020,653, a 51 percent increase since 1971-72. While approximately 82.5 percent of MCC's 1974-75 expenditures were made within the four county area, only 44.3 percent of the funds were provided by local sources. This means that nonlocal sources such as state and federal aid, and tuition paid by out-of-district students, accounted for the majority of the revenues of MCC, representing an increase in the area's economy of approximately five million dollars. Chapters of this document are devoted to examing MCC's impact on local business activity, jobs and income, capital expansion, local government, and human capital. Data are tabulated and graphed throughout the document, and guidelines for conducting similar studies are appended. (Author/NHM)
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Metropolitan Community Colleges of Kansas City, MO.
Authoring Institution: Midwest Research Inst., Kansas City, MO. Economics and Management Science Div.
Identifiers - Location: Missouri (Kansas City)