Banking on Nature: The Economic Benefits to Local Communities of National Wildlife Refuge Visitation
Table 5-13. Blackwater NWR: Visitor Recreation Expenditures (2011 $,000) Activity
Residents
Non-Residents
Total
$40.7
$1,927.9
$1,968.6
Hunting
$8.1
$57.7
$65.8
Fishing
$217.6
$46.5
$264.1
Total Expenditures
$266.4
$2,032.1
$2,298.5
Non-Consumptive
Table 5-14. Blackwater NWR: Local Economic Effects Associated with Recreation Visits (2011 $,000) Residents Non-Residents Total $258.8
$2,221.4
$2,480.1
3
20
23
Job Income
$81.3
$684.4
$765.7
Total Tax Revenue
$48.1
$303.1
$351.2
Final Demand Jobs
Table 5-15 shows total economic effects (total recreation expenditures plus net economic value) for 2011. For an individual, net economic value is that person's total willingness to pay for a particular recreation activity minus his or her actual expenditures for that activity. The figure for economic value is derived by multiplying net economic values for hunting, fishing, and non-consumptive recreation use (on a per-day basis) by estimated refuge visitor days for that activity. This figure is combined with the estimate of total expenditures to estimate total economic effects. A ratio comparing economic effects and the Refuge’s budget is unavailable because the Refuge is part of a Complex. Table 5-15. Blackwater NWR: Summary of Local Economic Effects of Recreation Visits (2011 $,000)
Blackwater NWR
FY 2011 Budget
Expenditures
Economic Value
N e t Total economic effects
NA
$2,298.5
$1,401.7
$3,700.3
232