The following graphic is an example of how activity at airports generates economic impacts throughout the state. THE ECONOMIC IMPACT OF ACME AIR IS PAID $1 MILLION TO REPAIR AIRCRAFT Seaplane Base (X44) THE MONEY HOW THE MONEY IS CIRCULATED

$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 X44 Value Added = $860,000 FLORIDA DEPARTMENT OF TRANSPORTATION STATEWIDE AVIATION Airport Profile Economic Impact Study

MIAMI SEAPLANE BASE Florida’s Statewide Benefits From Aviation Miami Seaplane Base is located in Miami-Dade Florida realizes significant economic benefits from aviation. The Florida County on , just east of Miami’s Department of Transportation completed a comprehensive economic central business district. The base has a fixed base impact analysis to measure these benefits. Benefits measured in the operator (FBO) for seaplanes and a water FDOT study considered on-airport impacts, visitor spending impacts, and that measures 14,000 feet long. multiplier impacts. The public-use seaplane base supports seaplanes Florida’s 129 public-use airports (including 20 commercial service facilities) and seaplane tours and is currently undergoing are a major economic engine of the State’s economy. The aviation system expansion efforts to better serve the local keeps Florida connected to the global marketplace while simultaneously region. The airport primarily supports driving local economies. Florida’s airports provide space and infrastructure recreational flying and business activity. for important activities such as manufacturing, logistics, tourism, and The base provides easy access to the emergency response. Below is a summary of the total statewide economic nearby islands of the Bahamas and impact as well as the impact of District 6. to many local attractions, such as STATEWIDE Total Economic Impact popular beaches, resorts, and fishing On-Airport lodges. The base also accommodates $175 billion local emergency trainings and response $72,014,206,000 practices. The base is ideally located to host Visitor Spending $ various promotional activities, such as music video $90,732,534,000 shoots, commercials, events, and private parties. The base also provides an internship program with the Miami-Dade College Aviation Program. Industry Reliance $2,281,049,000

Military On-Airport Impacts Total Employment $9,815,780,000 $5,883,000 66 DISTRICT 6 Total Economic Impact Multiplier Total Payroll $36 Impacts $3,460,000 On-Airport billion $5,000,000 Visitor Spending Total Output $19,901,216,000 Impacts $10,884,000 Visitor Spending $ $1,000 $15,455,223,000

Military Previous versions of this Study used different terminology to communicate results. The following terms $583,953,000 were updated: Direct Impacts changed to On-Airport Impacts and Indirect Impacts changed to Visitor 6 Spending Impacts. For more information regarding the results and methodology of this economic impact study, please visit https://www.fdot.gov/aviation/economicimpact.shtm