This report on the economic impact of Schenectady County Community College (SCCC) uses a modification of the Caffrey and Isaacs model to assess SCCC-related local business volume, SCCC costs and benefits to the Schenectady County government, and the likely impact on the county if SCCC did not exist. Part I provides background to the study, including information on relevant research, the characteristics of SCCC and the characteristics of the county. Part II presents a summary of the findings and study conclusions, pointing out that the 1981-82 SCCC operating budget was $5,456,878; that total local business volume related to SCCC was $8,045,452; that Schnectady County contributed $798,615 to the SCCC operating budget in 1981-82; and that SCCC provides 205 full-time equivalent jobs and accounts for 406 additional jobs created by the local spending associated with the college. Part III details SCCC-related business volume, including data on SCCC revenues, local expenditures, local employment, and the population associated with SCCC. SCCC costs to the Schenectady County government are itemized in part IV in terms of capital spending and operating costs. After part V examines SCCC benefits to the county, part VI looks at the net cost of SCCC to the local government. Observations concerning the impact on the county if SCCC did not exist are presented in part VII, followed by information on the methodologies, assumptions, and calculations used in the study. Appendices provide questionnaires and financial data. (LAL)