The following graphic is an example of how activity at Florida airports THE ECONOMIC IMPACT OF generates economic impacts throughout the state. ACME AIR IS PAID $1 MILLION TO REPAIR AIRCRAFT Miami-Opa Locka Executive THE MONEY HOW THE MONEY IS CIRCULATED Airport (OPF)

$450,000 Acme Air uses $450,000 of the $1 million to pay DIRECT their workers, including wages and benefits. PAYROLL DIRECT PAYROLL & TAXES: $600,000 $150,000 Acme Air pays $150,000 of the $1 million to local, TAXES state, and federal taxes.

Acme Air pays $210,000 of the $1 million to $210,000 Florida businesses that support their operations, SUPPLIER PURCHASES such as machine shops and computer stores.

$100,000 of the $210,000 $100,000 is paid to workers as wages INDIRECT PAYROLL and benefits. SUPPLIER $80,000 $80,000 of the $210,000 is PURCHASES: GOODS/SERVICES spent on goods and services. $400,000 $30,000 $30,000 of the $210,000 is BUSINESS TAXES paid to business taxes.

Acme Air pays $190,000 of the $1 million to $190,000 businesses located outside Florida. This money LEAKAGE is expelled from the state economy.

Employees from Acme Air and other in-state $110,000 businesses use $110,000 of their earnings on TAXES & SAVINGS taxes and personal savings. Employees from Acme Air and other in-state $330,000 businesses spend $330,000 of their wages on IN STATE PURCHASES goods and services at Florida businesses. INCOME $80,000 Florida businesses pay $80,000 of the $330,000 RE- INDUCED PAYROLL to their workers as wages and benefits. SPENDING: $550,000 $200,000 Florida businesses spend $200,000 of the GOODS/SERVICES $330,000 on goods and services. $50,000 Florida businesses pay $50,000 of the $330,000 BUSINESS TAXES to business taxes.

$110,000 $110,000 is lost to Florida’s economy through LEAKAGE out of state purchases.

DIRECT PAYROLL & TAXES SUPPLIER PURCHASES INCOME RE-SPENDING $450,000 $150,000 $100,000 $30,000 $80,000 $50,000 DIRECT BUSINESS INDIRECT BUSINESS INDUCED BUSINESS PAYROLL TAXES PAYROLL TAXES PAYROLL TAXES OPF Value Added = $860,000 FLORIDA DEPARTMENT OF TRANSPORTATION STATEWIDE AVIATION Airport Profile Economic Impact Study

MIAMI-OPA LOCKA EXECUTIVE AIRPORT Florida’s Statewide Benefits From Aviation Miami-Opa Locka Executive Airport is located in Florida realizes significant economic benefits from aviation. The Florida Miami-Dade County, approximately 10 miles Department of Transportation completed a comprehensive economic northwest of downtown Miami. The airport impact analysis to measure these benefits. Benefits measured in the has three runways, with the longest runway FDOT study considered on-airport impacts, visitor spending impacts, and measuring 8,002 feet. The airport serves a multplier impacts. variety of general aviation activities and can Florida’s 129 public-use airports (including 20 commercial service facilities) accommodate most business jets. are a major economic engine of the State’s economy. The aviation system The airport primarily supports business keeps Florida connected to the global marketplace while simultaneously activities, flight training, and medical driving local economies. Florida’s airports provide space and infrastructure flights. One of the busiest U.S. Coast for important activities such as manufacturing, logistics, tourism, and Guard Air/Sea Rescue Stations is emergency response. Below is a summary of the total statewide economic located at the airport. The airport impact as well as the impact of District 6. also has multiple fixed-base STATEWIDE Total Economic Impact operators (FBOs) that serve both On-Airport local and transient users, and aircraft $175 billion maintenance and repair services are $72,014,206,000 provided at the airport. Visitor Spending $ $90,732,534,000

Industry Reliance $2,281,049,000 On-Airport Impacts Total Employment Military $751,000,000 6,867 $9,815,780,000 Multiplier Total Payroll Total Economic Impact Impacts $388,700,000 DISTRICT 6 $329,300,000 $36 Visitor Spending Total Output On-Airport billion Impacts $1,096,800,000 $19,901,216,000 $16,500,000 Visitor Spending $ $15,455,223,000 Source: The Economic Impact of Miami International Airport and the General Aviation Airports within the Miami-Dade Airport System. Martin and Associates. February 3, 2017. Previous versions of this Study used different terminology to communicate results. The following terms Military were updated: Direct Impacts changed to On-Airport Impacts and Indirect Impacts changed to Visitor $583,953,000 Spending Impacts. 6 For more information regarding the results and methodology of this economic impact study, please visit https://www.fdot.gov/aviation/economicimpact.shtm