THE LETTER...
THE VIDEO
THE PLAN
THE ECONOMICS
> costs
> benefits
> phasing
---
THE OPPORTUNITY
THE SCUTTLEBUTT
THE SOUNDTRACK
---
THE NOBC
CONTACT US
The cost-benefit analysis is based on the classic "if/then" statement:
"If the public sector makes X investment, then the private sector will make Y investment and the economic benefit of both will be Z."
Using this as a framework, Dr. Jim Richardson, PHD Economist and LSU professor, has concluded that the economic impact of the proposed plan is profound. To summarize, Reinventing the Crescent will provide:
- An average of 5,800 jobs per year during construction
- $13 million of state tax collections during each year of construction
- $8 million of local tax collections during each year of construction
- 24,000 permanent jobs
- $34.8 annual million of state tax collections upon completion
- $28.5 annual million of state tax collections upon completion
- An internal rate of return of 18% over 30 years.
Download the Economic Impact Presentation,
For information on the following: