LERC Presents Protected Open Spaces Study Results

ERIE’S MOST IMPORTANT STUDY OF THE YEAR

TomFuhrman_178x152LERC and VanAmburg Group, Inc. recently completed a critical study:

THE ECONOMIC IMPACT OF PROTECTED OPEN SPACE IN ERIE COUNTY, PA

Tom Fuhrman and David VanAmburg presented the results at the Jefferson Education Society to a packed house on February 7, 2013. The audience of 80 individuals from throughout the county engaged in a spirited discussion. If you missed it, the PowerPoint highlighting the study’s results is available below.

The Jefferson Education Society presents lectures, classes and seminars year-round. You can join their mailing list here.

ACCESS THE REPORT AND PRESENTATION

LERC Full Report_200x249View and download the Presentation.

View and download the Executive Summary.

View and download the Full Report.

STUDY HIGHLIGHTS

Key findings include:

  • $556 million  IN ANNUAL ECONOMIC VALUE, INCLUDING:
  • $14.7 million in annual property and transfer tax revenue for local governments
  • $149.6 million in costs avoided as a result of natural provision of environmental services
  • $156 million in annual benefit for residents who recreate on protected open space
  • $128 million in annually avoided medical and workers compensation costs as a result of recreation that takes place on protected open space
  • $2.8 million in commodity sales from preserved working farmland
  • $7 million in municipal park maintenance expenditures
  • $18 million in tourism revenue
  • $72.7 million in annual salaries
  • $7.3 millions in annual state and local taxes

 PLUS

  • 1,678 jobs created on or as a result of protected open space in Erie County
  • $535 million added to Erie County housing stock value –$4,490  for every housing unit

WHAT’S NEXT

LERC’s next goal is to get a referendum on the 2014 ballot to let Erie County voters decide if they want to let tax millage generate $250,000/ year so that LERC can finally have funds to work with when Erie County land becomes available to protect through land acquisition or easement/ development rights purchase.

Call Tom to get involved and help make this happen.

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