T.F. Green Airport Improvement Program - FEIS Chapters - PVD

T.F. Green Airport Improvement ProgramEnvironmental Impact Statement and Final Section 4(f) EvaluationTable 5-65Summary of Direct and Indirect Impacts to Employment in the City of WarwickAlternative B2Alternative B42015 2020 2025 2015 2020 2025Direct Impacts to the City of Warwick 1Jobs Created due to Increased Airport Activity 0 553 607 552 553 607Jobs Lost due to Land Acquisitions 2 0 (84) (84) (0) (14) (14)Net Change 0 469 523 552 539 593Total Impacts to the City of Warwick 3Jobs Created due to Increased Airport Activity 0 797 873 796 797 873Jobs Lost due to Land Acquisitions 2 0 (74) (74) (14) (14) (14)Net Change 0 723 799 782 774 850Sources: IMPLAN, RIDLT, ADE, the RIAC Economic Study, VHB, Inc., EDR Group.1 Direct Impacts include businesses displaced due to land acquisition of commercial properties for all program elements.2 Total “most threatened” jobs lost due to the displacement of businesses due to commercial land acquisitions for the Build Alternatives. The “most threatened” jobs are industrial and warehousing jobs because these businesses unlikely to relocate within the City of Warwick due to limited vacant and developable industrial lands.3 Total Impacts include direct and indirect impacts using multiplier effect.Alternative B2 would not result in job growth in 2015. Alternative B4 would introduce 782 total jobs to Warwickin 2015. In 2020, the No-Action Alternative would result in net job growth of 29 total jobs in Warwick(Table 5-51) where as Alternatives B2 and B4 would result in a much more substantial net job growth inWarwick (723 and 774 total jobs, respectively, as presented in Table 5-65). In 2025, the No-Action Alternativewould result in 107 net new total jobs in Warwick. Alternatives B2 and B4 would result in almost or over 800 netnew total jobs in Warwick (799 total jobs and 850 total jobs, respectively, as presented in Table 5-65).Impacts to TaxesCumulatively, Alternative B2 would result in an increase in State of Rhode Island non-property taxes (includingsales and income taxes) and a decrease in the City of Warwick property taxes for an overall increase in taxrevenue of approximately $986,000 in 2020. Alternative B4 would result in a greater overall increase in taxrevenue of approximately $1.6 million in 2020 due to non-property tax revenue gains and property tax losses.Increases in state sales and income tax revenue are related to on-Airport and off-Airport spending by visitorsand Airport-related workers as well as impacts of anticipated local off-Airport job attraction generated byairline and other Airport-related business activities. Cumulative gains in sales and income taxes between 2020and 2025 would reach approximately $13.3 million under Alternative B2. Cumulative gains in sales and incometaxes between 2015 and 2025 would reach more than $22.7 million under Alternative B4. Cumulative decreasesin City of Warwick property tax revenue would total $5.9 million by 2025 for Alternative B2 and $3.2 million by2025 for Alternative B4.Municipal Fiscal ImpactsMunicipal costs for general and administrative services are not anticipated to be impacted due to the relativelysmall potential change in population that may occur as a result of Alternative B2 or B4 (less than one percentassuming all residents of acquired units elect to relocate in the City of Warwick).Chapter 5 - Environmental Consequences 5-108 July 2011\\mawatr\ev\09228.00\reports\FEIS_Final_July_2011\PVD_CH05_Environmental_Cons_JUL_2011.doc