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D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

July 01, 2018 01:01PM avatar
In a June 30, 2018 column, Tim Walsworth, the executive director of the Durango Business Improvement District, calculates what the D&SNG means to the local economy. An excerpt:
Quote

Doing the math, this produces a conservative total spend of nearly $32 million. Furthermore, the sales tax on this conservative total spend figure is just under $830,000. That sales tax pays for police, roads and other city services we all need.

When looking at economic impact, typically, you would add to the figure above the jobs created by the railroad, as their employees buy goods from local businesses. You would also add the impact of the railroad buying services and goods it needs from local businesses, which creates more jobs. In turn, those employees spend money on their own needs.

You would also add the charitable donations by the railroad, which is about $350,000 annually. The $32 million is really just the tip of the iceberg when it comes to the railroad’s impact to our local economy. I have seen studies that show a total economic impact from the railroad of nearly $200 million.

Link to full article - Add it up: Durango train crucial to city



Edited 2 time(s). Last edit at 07/01/2018 01:05PM by Chris Webster.
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D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

Chris Webster July 01, 2018 01:01PM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

Tomstp July 01, 2018 01:32PM

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Kelly Anderson July 01, 2018 02:41PM

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Mike July 01, 2018 03:04PM

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Husker Hank July 01, 2018 03:53PM

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Jerry474 July 01, 2018 06:24PM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

JoeK July 02, 2018 07:43AM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

Jerry474 July 02, 2018 07:46AM

Location of old right of way near Walmart Attachments

John West July 02, 2018 04:09PM

Re: Location of old right of way near Walmart

Jerry474 July 02, 2018 05:59PM

Re: Location of old right of way near Walmart

John West July 02, 2018 06:09PM

Re: Location of old right of way near Walmart

Jerry474 July 02, 2018 07:13PM

Re: Location of old right of way near Walmart

Husker Hank July 02, 2018 08:31PM

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Earl July 02, 2018 09:19PM

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Floppo July 02, 2018 10:17PM

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Rader Sidetrack July 02, 2018 10:42PM

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GeorgeGaskill July 03, 2018 01:04AM

Wally World Overlay Attachments

ROW Explorer July 08, 2018 11:06AM

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Marowicz July 03, 2018 05:30AM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District Attachments

Jerry474 July 03, 2018 07:47AM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

narrowgaugejoe10 July 03, 2018 01:58PM

Re: D&SNG is crucial to city, says Executive Director of the Durango Business Improvement District

Jerry474 July 03, 2018 02:22PM

Some more pix, and where was the sawmill? Attachments

John West July 03, 2018 03:36PM

Re: Some more pix, and where was the sawmill?

Jerry474 July 03, 2018 04:57PM

Bridge 450.92 Overlay Attachments

ROW Explorer July 08, 2018 11:14AM



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