Financial Returns To Industry From The Federal Aid - Wildlife and ...
Financial Returns To Industry From The Federal Aid - Wildlife and ...
Financial Returns To Industry From The Federal Aid - Wildlife and ...
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through hunting license dollars, state bonds or other non-<strong>Wildlife</strong> Restoration funding<br />
mechanisms.<br />
However, since 2001 the maintenance costs <strong>and</strong> habitat work for all of the PGC's<br />
holdings is covered by the <strong>Wildlife</strong> Restoration program. This amounts to approximately<br />
$9.2 million per year in <strong>Wildlife</strong> Restoration funding over the period highlighted in this<br />
case study (2006-2008). <strong>The</strong>se funds are used for maintaining forest openings;<br />
controlling invasive plants; controlled burning; planting shrubs, trees <strong>and</strong> other wildlife<br />
food; providing <strong>and</strong> maintaining access roads <strong>and</strong> parking areas; maintaining <strong>and</strong><br />
posting boundaries; publishing maps of the areas; <strong>and</strong> other habitat management <strong>and</strong><br />
public-access activities.<br />
Surveys indicate that 40% of Pennsylvania's deer hunters hunt primarily on the state's<br />
public l<strong>and</strong>s, <strong>and</strong> 27 % of Pennsylvania's turkey hunters hunt primarily on State Game<br />
L<strong>and</strong>s. In 2009, this equated to 689,244 deer hunter days <strong>and</strong> 386,014 turkey hunter<br />
days on Game L<strong>and</strong>s. Similar hunter use has been generated each year. This estimate<br />
represents a minimum number of hunter days because hunters pursuing grouse,<br />
squirrel <strong>and</strong> other game also use Game L<strong>and</strong>s extensively.<br />
In Pennsylvania, both deer <strong>and</strong> turkey are considered big game. For that reason, hunter<br />
tax-related equipment <strong>and</strong> total purchases are calculated using state-level estimates<br />
from 2006 National Survey data for total purchases by big-game hunters only. Because<br />
state-level big-game purchases are not itemized by category, a national-level<br />
adjustment factor of 19.1% is utilized to isolate tax-related item sales from these total<br />
purchases. It is assumed that Pennsylvania‟s big-game hunters‟ purchasing patterns<br />
are similar to those of other big-game hunters across the nation.<br />
Per-day tax related purchases are estimated to have a current day value of $11.51 after<br />
adjusting for a 30% market-chain mark-up. Annual tax-related item purchases of the 1.1<br />
million deer <strong>and</strong> turkey hunter days utilizing state game l<strong>and</strong>s are estimated to total<br />
$12,377,709. <strong>To</strong>tal purchases are estimated to be $78.22 per day, which translates to<br />
$84,109,754 per year.<br />
Table 5: Return on Investment Analysis: Pennsylvania Game L<strong>and</strong>s<br />
Year<br />
<strong>To</strong>tal WR<br />
Investments<br />
(2009 $s)<br />
Excise Tax-<br />
Related ROI<br />
<strong>To</strong>tal<br />
Project<br />
ROI<br />
2006 $8,552,380 44.7% 883%<br />
2007 $9,548,591 29.6% 781%<br />
2008 $10,064,365 23.0% 736%<br />
Average $9,388,445 31.8% 796%<br />
<strong>Wildlife</strong> Restoration investment funds are also inflated to 2009 dollars <strong>and</strong> average $9.4<br />
million per year (Table 5). Both total <strong>and</strong> tax related equipment item purchases<br />
exceeded those funds invested in the program. Net return on total purchases ranges<br />
between $74.0 <strong>and</strong> $75.5 million generating a <strong>To</strong>tal Project ROI between 736% <strong>and</strong><br />
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