Economic impact report 2013

$57 MILLION: Construction + Capital Improvements

$46.3 MILLION: Operational Expenditures

Loyola is in the process of reshaping our physical campuses, which resulted in $57 million spent on construction and capital improvement projects this year.

Daily operations and expenditures from Loyolaâ&#x20AC;&#x201D;such as utilities, insurance, debt service, and miscellaneous office costsâ&#x20AC;&#x201D; totaled $46.3 million this fiscal year. A large portion of this was paid to local companies that employ residents of Greater New Orleans.

$34.2M: renovations to Monroe Hall (ongoing) $9.4M: renovations to Cabra Residence Hall (complete) $5.5M: renovations to Buddig Residence Hall (complete) $3.5M: acquisition and improvements to Veritas Hall (ongoing) $4.4M: other construction and capital improvement costs

Economic impact report 2013

Published on Nov 4, 2013

Loyola University New Orleans

About

For more than 100 years, Loyola University New Orleans has remained committed to acting as a catalyst for positive social change and community service in New Orleans while we educate students in the Jesuit tradition. Our efforts in these areas—community service and higher education—have, besides their innate qualities, a significant positive effect on the Greater New Orleans and Louisiana economies. These efforts work in tandem—a healthy economy supports a healthy community, and the same is true of the inverse. As a major employer with major expenditures to local companies, a magnet that attracts a highly skilled workforce and student body to the city, a university that graduates ethical leaders, and an institution committed to social justice, Loyola contributes substantially to the economy and community of our beloved hometown, New Orleans.

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