from todays Kitsapsun News
Suquamish Tribe Drives Millions in Kitsap Spending
By Derek Sheppard, DSHEPPARD@KITSAPSUN.COM
"The Suquamish Tribe was big business for Kitsap County in 2006.
It was $138.5 million big, according to a recently-released study on the economic impacts of the tribe and its businesses on the county last year.
"I think a lot of us knew that was occurring, but we didn’t know what the actual numbers were," Suquamish Chairman Leonard Forsman said.
The tribe commissioned the study to look at the direct and indirect economic effects on Kitsap County last year by the tribe and its business arm, Port Madison Enterprises.
The study, completed by economic consulting firm ECONorthwest, looked at not only tribal government and business spending, but indirect boosts to the economy like construction jobs added by building projects." ....
"The tribe built a new government center and early learning center. Port Madison Enterprises built a resort hotel, opened a new gas station and has been remodeling Kiana Lodge.
Some of the study’s key findings include:
• There were 1,531 more jobs and $52.2 million more in personal income generated that wouldn’t exist without the tribe or its businesses.
• For every net increase of 100 jobs by the tribe, the county gained 101 jobs in various industries.
• Tribal government spent $24.2 million in Kitsap County.
• The tribe’s activities generated $10.8 million in tax payments, accounting for its payments and those of business partners and employees." ....
for the complete story see: http://www.kitsapsun.com/bsun/business/article/0,2403,BSUN_19063_5547439,00.html
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