Relationship; Two Year Colleges

With the increasing emphasis by legislators on accountability in higher education, the economic contributions of higher education to the local, regional, and state economies tend to be overlooked. This study provides estimates of both the gross and net impacts of Miami-Dade Community College (MDCC) on the local Dade County economy. All categories of expenditures are included, and data are for the fiscal year 1994-95. The results of this study are intended to inform planning and decision-making. Some findings include: (1) total gross county expenditures were $360.6 million; (2) output of additional goods and services was $367.6 million; (3) added income earned by local households was $257.7 million; and (4) total jobs created were 14,205. Tables of data are provided on gross and net impacts, personnel costs, current expenses, capital outlay, plant fund operations, enrollment, graduates and leavers, transfers, and sources of revenue. Appended are gross and net county expenditures by the college and employees, by students and visitors, and by graduates; and a glossary. (Contains 28 references) (EMH) Reproductions supplied by EDRS are the best that can be made from the original document