Browsing Reports by Author "Pitney, Kim"
The Economic Contributions of the Kenai Peninsula Borough School DistrictPitney, Kim; Hill, Alexandra (Institute of Social and Economic Research, University of Alaska Anchorage, 2011-06)The purpose of this study was to evaluate the economic significance of the Kenai Peninsula Borough School District within the Kenai Peninsula Borough. We use an Alaska-specific Input-Output (I-O) model created by Dr. Scott Goldsmith of ISER, which is custom designed for the Alaska economy to “relate changes in spending in a particular industry to total changes in jobs and income in the Alaska economy.1” In the 2009/2010 school year, the school district directly created 1468.4 jobs, and about $109 million dollars was spent in south central Alaska. Based on the results of the model, this created 628.6 jobs, mostly in the borough, but with some located in Anchorage. These figures highlight the school district's role in the private as well as the public sector of the Kenai Peninsula Borough economy.
The Economic Significance of the Kenai Peninsula Borough School District in the Kenai Peninsula BoroughPitney, Kim; Hill, Alexandra (Institute of Social and Economic Research, University of Alaska, 2011)The Kenai Peninsula Borough School District is the largest single employer in the borough, providing over 1,200 jobs in the 2009-2010 school year. In addition to employment, school district purchases of goods and services directly supported an additional 250 jobs (Direct employment in Table 1). Those 1450 jobs supported over 600 more jobs (indirect and inducedimpact in Table 1) when employed households spent their income locally. The total payroll from district, direct, indirect and induced employment is almost $100 million. This paper (and the numbers in Table 1) report on the economic significance of the KPBSD. Economic significance analysis models how money is spent and re-spent within the economy, and how much leaks out of the economy (e.g., money spent while on vacation in Hawaii). Based on this modeling, the analysis calculates how much economic activity in the borough can be traced to the school district, as the district and the borough economy currently exist.