>I am writing in response to the question several people have asked
>concerning the size of a new pool
>The major reason the pool committee could see for going to 50 m was for
>competition. One or two swim meets a year did not justify the additional
>expense. To increase from the proposed design to 50 m would cost an
>additional $800,485.00.
I disagree that you would only have 1-2 meets a year. The Inland Empire is
lacking in adequate facilities to hold such competitions, and I would guess
that we could actually draw 12 or more per year (with a covered 50m
facility) within 3 years.
The numbers:
I would guess that there are at least 10 teams that would come to such an
event. I would also guess that each team would have 10-15 members. Of
those I would estimate 1.75 parents/family for each member. These attendees
will spend at last estimate, $75/day per person in Moscow.
10 teams at 12 members each = 125.
125 competitors x 1.75 parents & family = 219 (218.75) = 344 total people
attending x $75 = $25,800 of direct spending for a one day event. Now
if you take that times 2 days that's $51,600 per event. Even if you use
your estimate of 2 events per year that is $103,200 of additional money into
our community.
Understand that every dollar spent changes hands at least 5 times in Moscow
before leaving the community(rollover) that makes $516,000 because of those
two events. Take that annually over 10 years and you get 5,160,000 (That's
millions folks)
I have used figures that are below averages available from the
Idaho Dept. of Commerce, Moscow Chamber of Commerce, and Dave Lavender at
Moscow School District.
Moscow looses because the pool committee didn't think it was worth the extra
$800,000 investment in our community.
Thank you Lois I just read your post on "Economics meets Swim Meet" and
have formulated them here:
Lois Melina's numbers:
400 swimmers x 1.75 FPE (Family Participant Equivalent) = 700
700+400=1100 persons
1100 persons x $75 = $82,500 x 2 days =$165,000.
Rollover: $165,000 x 5 = $825,000.
This is just ONE event!
2 events per year $330,000 direct spending!
Rollover:$330.000 x 5 = $1,650,000! (That's MILLION again)
10 years = $3,330,000 direct spending at just 2 events per year
Rollover = $16,650,000 (16.65 Million dollars)
Just for $500-800,000 now.
Economically there is no way the committee can recommend a 25m pool and
expect Moscow to support it. 50 Meters it's the only way to go.
Jerry L. Schutz